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(Bloomberg) — A few brave souls in the investing world are starting to move back into bonds to ride out an oncoming economic storm. Most Read from Bloomberg While debt bulls on Wall Street have been crushed all year, market sentiment has shifted markedly over the past week from inflation fears to growth. That theme gathered more strength Monday, when data showing China’s economy contracted sharply in April set off fresh gains for Treasuries. Market-derived expectations of US price growth… Source link

Patrick Pleul/Pool/AFP via Getty Images Netflix’s company culture guidelines say staff should be able to work on content they find harmful. In response to a tweet about the guidelines, Elon Musk said it was a “good move” by Netflix. Musk last month said of Netflix: “The woke mind virus is making Netflix unwatchable.” Elon Musk praised Netflix for its new company culture guidelines that say it might not be the best place for employees who cannot work on content they disagree with or find… Source link

Investors are facing a confusing environment, with long- and short-term signals sending different messages. Inflation remains stubbornly high, above an 8% annualized rate, and the Federal Reserve has made it clear that additional interest rate hikes are in the offing. Stocks are well off their highs, and despite last Friday’s gains, the S&P 500 and the Nasdaq posted their sixth consecutive weekly loss. But there are positives, too. The 1Q22 earnings season gave an upbeat vibe, as more than… Source link

Josh Allen, Micah Hyde and countless other Buffalo Bills players were left stunned this weekend following a mass shooting at a supermarket in town. At least 10 people were killed and three others were injured in the shooting on Saturday, which an emotional Allen said on Sunday left him sick. “The heartbreak, the sense of — this weird feeling that I have. My heart goes out to the victims and their families … It’s something that you never think it’s gonna happen in your community and… Source link

Earlier this week, David Harville, one of seven former eBay employees involved in a 2020 campaign to harass the creators of a newsletter critical of the e-commerce company, pleaded guilty to five federal felony charges, ending one of the most bizarre episodes in recent tech history. In June 2020, the US Department of Justice , including Harville, with conspiracy to commit cyberstalking and conspiracy to tamper with witnesses. Of the group, Harville was the final employee to admit involvement… Source link

Boston Celtics forward Grant Williams scored a game-high 27 points in Game 7 of the Eastern Conference semifinals. (Adam Glanzman/Getty Images) Of all the predictions for how Game of the Eastern Conference semifinals might play out, Grant Williams leading the Boston Celtics in scoring against the defending NBA champions was not high on anyone’s list. Dared to shoot by the Milwaukee Bucks, Williams made seven of Boston’s 22 3-pointers in a resounding 109-81 victory to eliminate two-time MVP Source link

Google and Samsung have partnered to create Health Connect, a platform and API (application programming interface) that gives developers a toolset to sync users’ health data between Android apps and devices. This should make it easier for users to keep track of their health and fitness data across several different platforms. Once a user opts in, developers can compile their health data in an encrypted hub that’s located on a user’s device. Google says users will get full control… Source link

The Terra ecosystem completely unraveled last week, taking much of the cryptocurrency market down with it. Its algorithmic stablecoin TerraUSD (UST) crashed far below its $1 peg, and its sister token Luna collapsed to nearly zero. Though the overall market is now recovering, the demise of UST and Luna wiped out many cryptocurrency investors’ life savings. This left the Terra community, including its creator Do Kwon, proposing plans to somehow fix the damage done. One proposal on the Terra… Source link

The self-proclaimed best fisherman in the UFC says he’s not going anywhere. On Sunday, a tweet from the algorithm-based Twitter account UFC Roster Watch alerted fans to the removal of lightweight Gregor Gillespie from the roster, causing a stir among fans who keep a close eye on the sport. A few hours later, Gillespie (14-1 MMA, 7-1 UFC) clarified and went into detail about his current situation with the UFC, ensuring everyone that his status as a UFC fighter has not changed and he is still… Source link

Drew Brees is out at NBC. The former New Orleans Saints quarterback is done at the network after a single season working as a studio and game analyst for its NFL broadcasts, Andrew Marchand of the New York Post reports. Per the report, the decision was mutual. Brees preferred calling games over studio work while NBC “soured” on Brees as a color commentator after holding out hope that he could develop as the heir apparent to Cris Collinsworth on “Sunday Night Football” broadcasts, according to… Source link