Tag Archives: Biggest

Gas prices have come off their highs, but relief at the pump may be short-lived, says one analyst. “For the moment, we’re going to see the lowest prices we’e seen since May,” Tom Kloza, OPIS global head of energy told Yahoo Finance Live. “Unfortunately, I think we’re going to see prices rally after they find a bottom in the first half of July.” Prices at the pump have decreased to a national average of $4.68 per gallon, after topping $5 last month. Oil prices have been under… Source link

Britta Pedersen/Getty Images; Twitter; Rachel Mendelson/Insider Elon Musk’s decision to kill the $44 billion Twitter deal means banks could lose a “nine-figure” payday. Musk’s and Twitter’s financial advisors could pocket up to $192 million if the deal closes. The billionaire faces an uphill battle to call off the deal as he has to prove there’s been a material adverse effect on the transaction. Elon Musk’s ‘will-he-won’t-he’ dance to buy Twitter took a turn on Friday after the billionaire said… Source link

LAS VEGAS — It had been eight months and 20 days since Shaedon Sharpe played in a competitive basketball game. Sharpe was the No. 1 player coming out high school, joined Kentucky for the second semester and didn’t play a single game. He was the biggest mystery in the 2022 NBA draft and despite his long hiatus from the court, the Portland Trail Blazers selected Sharpe with the seventh overall pick. “After not playing for so long, I’m just looking forward to playing and competing at the… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 8, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. One of the biggest bulls on Wall Street has finally pared back their optimism for the rest of this year. In a note to clients published Thursday, Oppenheimer Asset Management Chief Investment… Source link

The Brooklyn Nets were supposed to destroy the NBA, setting records on the scoreboard and in the vibes department. Instead, the Nets were destroyed from within, the biggest disappointment in NBA history. Worse than the 2004 Los Angeles Lakers, worse than the 2013 Lakers that were supposed to give the NBA world a dream Finals against the dynastic Miami Heat. Both Lakers squads were star-studded in name only, the best players slightly removed from their primes. It speaks to the nomadic nature of… Source link

Stocks were higher, but ultimately little changed, near midday on Wednesday, reversing losses seen shortly after the opening bell. Near 12:00 pm. ET, the S&P 500 and Dow were up about 0.1%, while the Nasdaq was higher by about 0.2%. All three averages had fallen more than 1% at the opening bell. On Tuesday, the first day of this holiday-shortened trading week, each of the three major indexes rose more than 2%, the S&P 500 logging its best day since early June with the Dow gaining the most… Source link

Warren Buffett’s portfolio is full of buyback opportunities which he calls ‘the best use of cash’. Here are 3 companies with the biggest hidden dividend potential The fact that the world’s most famous investor, Warren Buffett, appreciates shareholder rewards shouldn’t be surprising. After all, a sizable and predictable return is the whole point of investing. Buffett takes this philosophy seriously and seeks out companies with the most generous shareholder rewards program. All five of his… Source link

The Federal Reserve, led by Jerome Powell, raised interest rates earlier this month.Samuel Corum/Getty Images A “stubborn” Federal Reserve has increased the likelihood of a prolonged recession, according to Axonic Capital’s Peter Cecchini.  That’s because the Fed could cause economic whiplash that leads it to cutting interest rates sooner than expected. “The 1970’s drawdown scenario of almost 50% for the S&P 500 is becoming all the more likely,” Cecchini said. The Federal Reserve’s decision to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, June 15, 2022 Today’s newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz. Up until last Friday, the Federal Reserve’s game plan for tackling rapid inflation was clear: raise interest rates by half a percent on June 15. In the last few… Source link

A Californian is going viral after sharing the biggest culture shocks she faced after moving to Iowa. The clip comes courtesy of Katie Bishop (@katphishhbishh), a podcaster and CRNA student now living in Iowa. Her video, about the most surprising differences between her old state and new one, now has over 800,000 views. Bitcoin ETFs: What are they and how to invest in them? It’s the latest entry in a long line of posts about culture shocks TikTokers have faced after moving. In one clip, an… Source link