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Jayson Tatum and the Celtics host the Warriors for Game 4 leading the series 2-1.  Golden State made a third-quarter run to make it competitive, but it felt like Boston would never lose Game 3 after a dominating opening frame. The crowd and energy in the building were electric, and it’s going to be tough for the Warriors to win in TD Garden. We have Game 4 in that building once again, so let’s get started with the injury report! Create the optimal lineup using our NBA DFS lineup… Source link

Dust off your recession preparation handbook you used back in 2008-2009 as the setup exists for a severe recession not too far off in the future, warns one business cycle expert. “The job market is pretty tight, so therefore this could mean a mild recession. I don’t think that’s knowable just yet. One of the things that we are seeing from our research — because we do look at 22 economies around the world — is that there is a setup for a more severe recession. A more international… Source link

Inflation continued to surge in May, increasing at the quickest pace in 40 years as consumers face rising challenges at the gas station and grocery store. The Consumer Price Index (CPI) published Friday by the Bureau of Labor Statistics rose 8.6% from a year ago, up from April’s reading of 8.3% and higher than economists had projected. Federal Reserve policymakers tasked with bringing prices back down to earth are likely to take cues from May’s CPI report on how aggressively they need to… Source link

Energy prices saw the biggest one year jump since 2005 last month amid a hotter than expected inflation print. The energy index rose 3.9% last month according to the Bureau of Labor Statistics’ Consumer Price Index (CPI) published Friday after a 2.7% decline in April. Gasoline, fuel oil and natural gas prices all increased in May. Gasoline prices rose 4.1% month-over-month, fuel oil spiked 16.9% from the prior month, and natural gas also rose 8% during the same span. The energy index rose 34.6%… Source link

(Bloomberg) — US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats. Most Read from Bloomberg The consumer price index increased 8.6% from a year earlier in a broad-based advance, Labor Department data showed Friday. The widely followed inflation gauge rose 1% from… Source link

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 10, 2022 / Yandex N.V. (“Yandex”), a Dutch public limited company and the parent company of one of Europe’s largest internet businesses, has announced that the terms of its $1.25 billion 0.75% Convertible Notes due 2025 (the “Notes”) have been amended and that it has agreed terms with the steering committee of an ad… Source link

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 10, 2022 / Yandex N.V. (“Yandex”), a Dutch public limited company and the parent company of one of Europe’s largest internet businesses, has announced that the terms of its $1.25 billion 0.75% Convertible Notes due 2025 (the “Notes”) have been amended and that it has agreed terms with the steering committee of an ad hoc group of noteholders (the “Ad Hoc Group”) for the purchase by Yandex and its subsidiary of Notes from… Source link

As Android enthusiasts, many of us have become accustomed to watching Apple announcements that bring in new products and features that look awfully similar to things Google did first—not to say Android hasn’t borrowed a few things too. But in recent years, there seems to be another thing Apple has borrowed from Google—is willingness to have fun. Think back about five years, when we all made a game of trying to guess the next dessert name for Android, and the unveiling of each new… Source link

U.S. consumer prices accelerated in May to the highest since 1981, as Americans grapple with a surge in the cost of gas, food, and shelter, data showed Friday. The Bureau of Labor Statistics’ May Consumer Price Index (CPI) showed a year-over-year increase of 8.6% last month, up from 8.3% in April. Economists were expecting an 8.3% increase in May, according to estimates compiled by Bloomberg. On a monthly basis, the broadest measure of inflation climbed 1.0%, compared to 0.3% in April. “Core”… Source link

Goldman Sachs is kicking a streaming dog when it’s down. Goldman analyst Eric Sheridan slashed his rating on Netflix (NFLX) shares to Sell from Neutral on Friday, sending the stock off as much as 5% in pre-market trading. Sheridan cut his price target on Netflix to $186 from $265. “We have concerns around the impact of a consumer recession as well as heightened levels of competition on demand trends (both in the form of gross adds and churn), margin expansion, and levels of content spend and… Source link