ESPN is set to hire Pete Thamel from Yahoo in a college football insider role

It’s been noticeable for years (particularly since Brett McMurphy was laid off in the massive April 2017 cuts) that ESPN-affiliated reporters have not been breaking most of the news in college football. As AA’s Ben Koo explored in early December 2021, that’s a sharp contrast to sports like the NFL and NBA where ESPN employs an insider they can credit on the Bottom Line ticker for most signings or moves (Adam Schefter and Adrian Wojnarowski, respectively). But that’s about to at… Source link

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Stock market news live updates: January 13, 2022

Contracts on all three major indexes were flat heading into the overnight session on Wednesday after a choppy day on Wall Street that saw stocks advance modestly to close in positive territory. Investors got a new red-hot print on inflation during earlier trading that showed another decades-high rate of price increases, one day after Federal Reserve Chair Jerome Powell indicated in his renomination testimony that the central bank would intervene as needed to ease rising prices. A fresh read on… Source link

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Damian Lillard out 6-8 weeks, will have ab surgery

Portland Trail Blazers star Damian Lillard will undergo surgery Thursday to address his abdomen injury and he will be reevaluated in six to eight weeks, league sources told Yahoo Sports. He saw two specialists this week — one in St. Louis and the other in Philadelphia — and both agreed this was the best course of action, sources said. Lillard returning to play this season will depend on his health and where the team sits in the standings, sources said. Portland Trail Blazers guard Damian… Source link

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Tesla stock is ‘a confidence gauge’ for markets: Strategist

Tesla (TSLA) is a “barometer” of market confidence, says TD Ameritrade chief market strategist JJ Kinahan. “This is a name that really is a confidence gauge in my opinion,” Kinahan told Yahoo Finance Live. “If it gets down near the $950-ish level, you’ll see clients coming in and buy it up until it gets to about $1,050. When it gets above $1,050, it seems to make clients a little be nervous, so the amount of buying there starts to dissipate a little bit.” Shares of the electric vehicle giant… Source link

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VICTORY: Google Releases “disable 2g” Feature for New Android Smartphones

Last year Google quietly pushed a new feature to its Android operating system allowing users to optionally disable 2G at the modem level in their phones. This is a fantastic feature that will provide some protection from cell site simulators, an invasive police surveillance technology employed throughout the country. We applaud Google for implementing this much needed feature. Now Apple needs to implement this feature as well, for the safety of their customers.  What is 2G and why is it… Source link

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‘It’s not going to be smooth sailing’ for energy and other cyclicals: Market strategist

Cyclical stocks may be in for a bumpy ride in 2022, as inflation concerns persist and the multiple rate hikes appear imminent, strategists forecast. “I think it’s not going to be a smooth sailing rise higher across the cyclicals,” Megan Horneman, Verdence Capital Advisors Director of Portfolio Strategy. “I still do think you’ll get some tug of war, like you saw today, where some money may rotate back into those growth sectors when you see interest rates decline or the Fed put some… Source link

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Yahoo Japan Tells Entire Workforce They Can Work From Home

Yahoo Japan is one of the companies leading the way in the work from home revolution, telling its 8,000 employees that they can work from anywhere in the country.  The new policy takes effect April 1. The company will even fly workers into work when the job requires.  “As a result of dialogues with employees and various surveys, 90% of the employees said that their work performance did not change or improve, so Yahoo decided to liberalize the place where employees live in Japan,” Yahoo Japan… Source link

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3 Fed interest rate hikes in 2022 ‘not necessarily in the bag,’ US Bank chief economist says

Consumer prices in December rose the most year-over-year since 1982, feeding into the Federal Reserve’s guidance that it may need to raise interest rates three times this year to combat inflation. But one economist says the last year has taught an important lesson: forecasters have to stay humble, and nimble. That means there’s no guarantee that three hikes will be necessary. “I think there’s some downside risk for the economy, and, therefore, three hikes are not necessarily in the… Source link

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‘We’re going to make a significant impact on this COVID pandemic’

Novavax (NVAX) is waiting for its COVID-19 vaccine to be authorized in the U.S., but with authorizations now in three major markets globally, the biotech company says it’s making its mark on the pandemic.  “We’re going to make a significant impact on this Covid pandemic,” CEO Stanley Erck told Yahoo Finance Tuesday.  “The market for primary vaccination — two-dose vaccination which is now being talked about as three-dose vaccination — is unsatisfied,” Erck said. “It’s not exclusively low… Source link

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An important investing reminder that could make or break your portfolio in 2022

When it comes to the Federal Reserve’s looming interest rate hiking cycle, speed of movement should be top of mind among investors that will have to navigate the evolving liquidity backdrop with precision.  “I think it’s the speed at which the Fed will have to move [on rates] that probably defines market behavior, not in a broad sense but in terms of leadership,” said Charles Schwab chief investment strategist Liz Ann Sonders on Yahoo Finance Live.  The Consumer Price Index (CPI) reading out… Source link

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