Tag Archives: December

The NBA closes out the work week with 11 games on the schedule Friday. Among the exciting matchups is a battle between the Heat and Celtics, who just played each other Tuesday. The Celtics won that battle with Jayson Tatum dropping 49 points. Two of the biggest names will face each other when Giannis Antetokounmpo and the Bucks host LeBron James and the Lakers. Nikola Jokic will also be in action when the Nuggets travel to play the Hawks. Let’s highlight some players to consider for your… Source link

It’s another busy Thursday in the NHL with 11 games on tap. The Oilers are a tired team after upending Chicago on Wednesday, and now travel to Minnesota to take on the Wild. The Avalanche are also beneficiaries of a tired team as they are in Buffalo, who lost to the Red Wings on Wednesday. The other nine games feature two rested teams. Below, you’ll find suggested options for crafting an effective lineup. GOALIE Andrei Vasilevskiy, TB at PHI ($31): The NHL’s top goaltender heading into the… Source link

Federal Reserve Chair Jerome Powell set the table for a 50-basis point rate hike at the Fed’s December policy meeting, saying in a speech on Wednesday it makes sense to “moderate” rate hikes as the Fed approaches its estimated peak in benchmark interest rates. “It makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down,” Powell said in a speech at the Brookings Institution in Washington. “The time for… Source link

(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard left open the possibility that the central bank would raise interest rates by 75 basis points at each of its next two meetings in November and December, while saying it was too soon to make that call. Most Read from Bloomberg The Fed hiked rates by 75 basis points for the third straight meeting last month, to a target range of 3% to 3.25%. Officials projected 125 basis points of tightening for the rest of the year,… Source link

As if Elon Musk’s week couldn’t be more eventful, the Tesla (TSLA) CEO gave the automotive world more news to chew on. In a tweet last night, Musk said Tesla has begun production of its long-awaited electric Tesla Semi truck, and that deliveries to Pepsi (PEP) would begin on December 1st. In a follow-up tweet, Musk said the semi would have 500 miles of range and would be “super fun to drive.” Yahoo Finance has reached out to Pepsi for comment, but the company has not responded back at… Source link

The number of job openings and quits each held at historically elevated levels in December, with worker leverage remaining high as labor demand persisted.  Vacancies across the U.S. totaled 10.925 million at the end of 2021, the Labor Department said in its latest Job Openings and Labor Turnover Summary (JOLTS). This compared to 10.775 million openings in November, according to the revised monthly print. Consensus economists had anticipated December vacancies would come in at 10.3 million,… Source link

Stock futures opened higher Thursday evening as investors looked ahead to a key report on the U.S. labor market recovery at the end of a volatile week. Contracts on the S&P 500, Dow and Nasdaq gained as the overnight session began.   On Friday, investors are set to receive the Labor Department’s December jobs report, providing an update on the extent to which labor supply shortages were still impacting the economy at the end of last year. Economists expect to see more than 400,000 non-farm… Source link

U.S. private employers added jobs at a much faster-than-anticipated rate in December, helping to alleviate some worker shortages as the tight U.S. labor market persisted.  The U.S. economy saw 807,000 private payrolls return in the final month of 2021, ADP said in its closely watched report on Wednesday. This compared to the 410,000 job gains consensus economists anticipated, based on Bloomberg data. Employers had brought back 505,000 jobs in November, according to ADP’s revised estimate… Source link

Futures ticked down Friday morning ahead of Wall Street’s last trading day of 2021, hinting at a quiet end to a strong year for the markets. Over the past two years, the final day of the year-end bull run known to investors as the Santa Claus Rally has typically been bearish, Probabilities Fund Management chief market strategist Jeffrey A. Hirsch points out in his Stock Trader’s Almanac.  U.S. equity markets will be open regular hours this New Year’s Eve for the first time in a decade,… Source link

U.S. stock futures ticked up ahead of open on Thursday after the S&P 500 and Dow each extended a rally to close at all-time highs amid a thinly-traded last week of 2021 on Wall Street. Contracts on the Dow, S&P, and Nasdaq were up modestly as the markets looked to build on earlier gains.  This week’s market swings were exaggerated by the low trading volumes. Economic and earnings calendars remain light for the final two trading days of the year, though investors will turn their attention on… Source link