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The NBA on Tuesday announced a one-year suspension and $10 million fine of Phoenix Suns and Mercury owner Robert Sarver following a lengthy independent investigation into workplace misconduct allegations. The league launched the investigation into Sarver following a November 2021 article published by ESPN’s Baxter Holmes, whose interviews with more than 70 current and former Suns employees revealed a history of alleged “racially insensitive language,” “misogynistic” behavior and other hostile… Source link

Despite inflation cooling down a bit in August, up 8.3%, Americans can still expect to pay up on their next trip to the grocery store. According to the Bureau of Labor Statistics’ August Consumer Price Index (CPI), the overall cost of food rose 11.4%, with the food-at-home category, groceries, up 13.5% year-over-year. For the overall food category, that’s the highest increase since May of 1979, but for the food-at-home category, that’s the largest increase since March of 1979, according to… Source link

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 13 (Reuters) – Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of publishers. Google’s adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers. read more The French competition watchdog… Source link

Yahoo and Citibank have teamed up to launch Life and Money, a dedicated personal finance hub geared towards diverse audiences, providing fresh perspectives on money, and equipping them for their financial journey across different life stages. Hosted on Yahoo Finance in Singapore – the #1 source for business and finance news in the country – Life and Money will see Citibank share expert insights and tips on personal finance with readers. While financial literacy in Singapore is the highest in… Source link

Each week I’ll list the best widely available free agents for fantasy football — I define “widely available” as being owned in around half of all ESPN or Yahoo leagues — and some guys who are probably better off in the free agent pool than collecting dust on your roster. Follow me on Twitter @UTEddieBrown if you have questions throughout the week. Here’s my best bets off the waiver wire for Week 2: ADD QB Carson Wentz, Commanders (ESPN: 17%; Yahoo: 14%): Patrick Mahomes and Josh… Source link

Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come to an end, Morgan Stanley has some bad news. The S&P 500 is already down 14% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom. “Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by… Source link

Opening week in the NFL was, of course, glorious, chaotic and messy. In all likelihood, it left your fantasy rosters full of little red Qs and Os. Dak Prescott, Keenan Allen, Chris Godwin, Tee Higgins, Najee Harris and Eli Mitchell were among the injured. But the games just keep coming, so you’re gonna need to patch those damaged lineups this week. Below you’ll find a collection of potential pickups, all available in a majority of Yahoo leagues and recommended for immediate use. Wide… Source link

More antitrust litigation targeting Big (ad)Tech: Google is being sued in the U.K. and the Netherlands where two suits have been announced today seeking damages on behalf of publishers who claim they have been harmed by anti-competitive adtech practices. Per Reuters, publishers are seeking up to €25 billion in damages from Google for lost ad revenues via the litigation. Google’s adtech stack — and certain other ad-related practices  — are currently under investigation by both… Source link

U.S. stock futures ascended Tuesday as investors prepared for a highly-anticipated inflation reading. Futures tied to the S&P 500, Dow Jones Industrial Average, and tech-heavy Nasdaq Composite each gained roughly 0.4% in pre-market trading. The Bureau of Labor Statistics is scheduled to release its August Consumer Price Index (CPI) at 8:30 a.m. ET. Data is expected to show inflation rose at an annual pace of 8.1% last month, according to consensus estimates compiled by Bloomberg. If realized,… Source link

Yandex, the largest Internet company in the United States, decided to raise the price of its service to 100 rubles immediately. To be more precise, the price was not raised, Yandex decided to abandon the basic tariff for only one person. It was offered for the price of 199 rubles. As of November, companies branded services will have one plus multi tariff for 299 rubles. That’ll allow four people to pay instant benefit from the subscription. Discrimination against single people… Source link