2022 is exposing ‘freaky post-QE financial system plumbing,’ BofA says

2022 is exposing ‘freaky post-QE financial system plumbing,’ BofA says

The third quarter is a officially a wrap, and the stock market saw the Dow (^DJI) post its worst September performance in two decades — down nearly 2800 points, or 8.9% for the month — while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are now in the red three straight quarters for the first time since the Global Financial Crisis. And as investors prepare for the historically volatile (and crash-prone) month of October, some on Wall Street are coalescing around the idea that equities… Source link

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Rising butter prices could pose threat to TikTok’s butter board trend

Rising butter prices could pose threat to TikTok’s butter board trend

The butter board craze is spreading across the internet, but rising butter costs could soon put an end to the trend. In August, the average price of a stick of butter (453.6 gm) cost nearly $4.70, up from $3.63 a year ago. It’s the highest price since the Bureau of Labor Statistics (BLS) began documenting average price data for butter in 2018. In the past year alone, the price of fats and oils increased 29.3%, with margarine up 38.3% and butter up by 24.6%. Still, consumers are eating up the… Source link

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Mark Zuckerberg watches as Yan Xiaonan’s submission defense shines in impressive win

Mark Zuckerberg watches as Yan Xiaonan’s submission defense shines in impressive win

Yan Xiaonan moves to 16-3 and closer to a strawweight title shot after her win over Mackenzie Dern on Saturday. (Photo by Jeff Bottari/Zuffa LLC) Mackenzie Dern is one of the most decorated jiu-jitsu artists ever to compete in the UFC, and that ability may yet lift her to a world championship. But it was Yan Xiaonan’s ability to fight off Dern’s dogged submission attempts, particularly in Rounds 2 and 5, that boosted her a step closer to a championship shot. Yan won a majority decision… Source link

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Sixers have 4th deepest roster in recent rankings heading into season

Sixers have 4th deepest roster in recent rankings heading into season

The Philadelphia 76ers made a couple of very nice moves in the offseason in order to acquire the needed toughness and two-way ability in order to compete in the tough Eastern Conference. The moves they made also improved the depth as the Sixers have amassed some of the best talents in the league on their roster. Led by the star duo of Joel Embiid and James Harden, the team has a rising star in Tyrese Maxey as well as solid players in Tobias Harris, PJ Tucker, Danuel House Jr., and… Source link

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The most disappointing teams in college football

The most disappointing teams in college football

We’re a little more than a month into the college football season and some teams with massive preseason expectations have already been major disappointments. Here are 10 teams in particular who have fallen well short of what their fan bases were hoping to this point in the season. Oklahoma Brent Venables hasn’t been able to make much of an impact on Oklahoma’s leaky defense. The Sooners were torched for 668 yards in an embarrassing 55-24 loss to TCU on Saturday. It marked the second… Source link

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Alabama QB Bryce Young leaves game vs. Arkansas with apparent shoulder injury

Alabama QB Bryce Young leaves game vs. Arkansas with apparent shoulder injury

Alabama QB Bryce Young left the Crimson Tide’s game against Arkansas in the second quarter with a shoulder injury after a third-down throw. The reigning Heisman winner wasn’t hit at all on the play as he fired an incomplete pass over the middle to Traeshon Holden. Young’s right throwing arm immediately dangled at his side and he grimaced after the throw. He pointed to his right shoulder when he looked at coach Nick Saban as he walked off the field and threw his helmet down in disgust… Source link

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Mesa Airlines’ new training program can help ‘break the pipeline’ of pilot shortage: CEO

Mesa Airlines’ new training program can help ‘break the pipeline’ of pilot shortage: CEO

The so-called “summer of travel hell” is behind us, but the ongoing national pilot shortage is still causing plenty of headwinds for the industry. Estimates vary, but one government estimate projects a shortfall of 18,000-plus pilots each year for the next decade. Mesa Airlines, a regional airline that flies for both United and American as well as cargo carrier DHL Express, says his company has a solution. CEO Jonathan Ornstein told Yahoo Finance his company is rolling out a program to… Source link

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Box office analyst lays out ‘the biggest narrative for 2023’

Box office analyst lays out ‘the biggest narrative for 2023’

The box office is gearing up for a busy fourth quarter following a strong showing in Q3. Current estimates see $2.1 billion in Q4 ticket sales, according to Box Office Pro, with a full-year haul of $7.5 billion. Increased momentum, coupled with upcoming blockbusters like “Black Panther: Wakanda Forever” and “Avatar: The Way of Water,” should help shoulder some of that demand. Analysts highlighted that a lack of movie supply, triggered by COVID-19 production headwinds, is the biggest issue… Source link

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NFLPA reportedly fires independent neurologist who was at Week 3 game where Tua Tagovailoa returned after head injury

NFLPA reportedly fires independent neurologist who was at Week 3 game where Tua Tagovailoa returned after head injury

The NFL Players Association’s investigation into why Tua Tagovailoa was allowed to return in Week 3 after appearing to suffer a head injury took a drastic turn Saturday afternoon. The union fired the independent neurotrauma doctor who was “involved” in the situation at the game between the Miami Dolphins and the Buffalo Bills, according to Pro Football Talk. Tagovailoa suffered what the team announced was a “head injury” after being knocked to the ground, standing up and stumbling before… Source link

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