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If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at Ray Dalio’s Bridgewater Associates hedge fund. Bridgewater Associates co–chief investment officer Greg Jensen said inflation is not going away, which could force the Fed to continue hiking interest rates, likely more than Wall Street currently anticipates. Story continues “We’re in a radically different world,” Jensen said in an interview with… Source link

BOSTON — New Orleans Pelicans guard CJ McCollum, the new president of the National Basketball Players Association, took in Game 3 of the NBA Finals on Wednesday between the Boston Celtics and Golden State Warriors. McCollum is also the newest member of the media fraternity, signing with ESPN as an NBA analyst. After the Celtics won 116-100 to go up 2-1, McCollum — and new executive director of the NBPA, Tamika Tremaglio — waited in the hallway down the aisle of the locker rooms to allow… Source link

In a cryptocurrency world dominated by price swings, some risk-averse investors seek a digital asset with more stability. Enter the stablecoin, a type of token that is designed to carry a fixed value. Stablecoins are intended to be — and largely have been — less susceptible to volatility because they are backed by another asset. The fixed value, in theory, is a ballast against dramatic day-to-day fluctuations like those seen in other cryptos like bitcoin (BTC-USD) and ethereum ( Source link

Derrick Johnson, the president of the NAACP, called for the resignation or dismissal of Washington Commanders defensive coordinator Jack Del Rio for his Wednesday comments about the Jan. 6 attack on the U.S. Capitol. “It is time for Jack Del Rio to resign or be terminated,” Johnson said in a statement. “His comments could not have been more offensive and ignorant. The January 6th insurrection – an attempted coup – was far from a ‘dust-up’. Each day we learn more and more on just how close… Source link

Warren Buffett is using these 3 top stocks to generate a fat inflation-fighting income stream of $1.9 billion — follow along now for some healthy cash return Investors may feel a bit battled in this environment. Some experts say that the market will bottom soon, while others argue that there’s plenty more downside ahead. Put simply, while everyone wants to buy low and sell high, the concern is that you might buy low and sell lower. Story continues If you don’t feel confident in the… Source link

‘The tide has changed’: This investing veteran says hot inflation and a tight Fed call for a shift in strategy. He likes 3 specific areas for protection 2022 continues to give growth stocks — particularly those in the tech sector — a blunt reality check. The tech-centric Nasdaq index is down 24% year to date, more than double the 10% decline of the Dow over the same period. Story continues MoneyWise recently interviewed investing veteran Claudio Chisani — investment advisor and portfolio… Source link

This article is part of our Yahoo DFS Baseball series. There are 11 games scheduled across baseball on Thursday, about half of which have early start times. Two aces will take the hill in separate day games, with Shane McClanahan starting against the Cardinals, and Corbin Burnes starting against the Phillies. Later in the evening, Gerrit Cole will start for the Yankees, and Stephen Strasburg is expected to make his season debut for the Nationals against the Marlins. As we focus on… Source link

The reconfiguring of Russia’s digital landscape in the wake of Putin’s decision to invade Ukraine continues to play out at a macro and micro level. Here’s a development on the latter front: Local tech giant Yandex has quietly removed national borders from its maps product. Users of Yandex’s maps app, which is popular in countries in the CIS region, can still see country names displayed — but lines depicting exact borders between nations are no longer visible. We understand the… Source link

The reconfiguring of Russia’s digital landscape in the wake of Putin’s decision to invade Ukraine continues to play out at a macro and micro level. Here’s a development on the latter front: Local tech giant Yandex has quietly removed national borders from its maps product. Users of Yandex’s maps app, which is popular in countries in the CIS region, can still see country names displayed — but lines depicting exact borders between countries like Ukraine and Russia are no longer visible. We… Source link

The new Play Integrity API is taking over for SafetyNet in the next two years, and it does all the same things (and more) Google’s new Play Integrity API was first announced at the Google for Games Developer Summit last year. Originally presented as a way to prevent cheating, its utility has expanded in recent documentation to overlap and expand on everything that the SafetyNet APIs did to ensure that an app and device are trustworthy, unmodified, and probably safe from… Source link