The SEC recently proposed new policies that would require companies being acquired through a special purpose acquisition company (SPAC) to undergo more stringent disclosure procedures relating to future projections, conflicts of interest, as well as potential dilution upon issuance of additional shares. The new rules would effectively eliminate many of the “safe harbor” protections and advantages of de-SPAC transactions over traditional IPOs that have made them so favorable in recent… Source link
Read More »US economy is not going to enter a recession, says expert
If the economy is going to be sucked into a pocket of negative quarterly growth, it’s going to be now, warns one top economist. “I think if we have a negative quarter of growth, it’s likely to be the first quarter of the year because that will capture the price shock that is cascading through the economy and the hangover after the very strong finish of last year. I don’t think we are going to have a recession,” said RSM chief economist Joe Brusuelas on Yahoo Finance Live. “Right now, if you… Source link
Read More »National security expert on sanctioning Russia: ‘I question its effectiveness’
President Joe Biden announced a second round of “strong” and “profound” economic sanctions against Russia on Thursday after the country’s brazen invasion of its neighbor, Ukraine. Experts question the effectiveness of meting out the types of economic punishments now issued against Russia, noting that the country may find ways to work around them and that sanctions have done little to curb President Vladimir Putin’s actions in the past. Moreover, Russia has the support of the world’s… Source link
Read More »Three things are driving the latest crypto pullback: expert
Bitcoin (BTC-USD) and other major cryptocurrencies have tracked the volatility and broader market declines seen so far in 2022. But the pressure could be short-lived, according to at least one pundit, with a handful of temporary factors driving the latest pullback for digital currencies. “It always is uncomfortable when the market goes down, but I think we’re actually setting up for an extraordinarily strong second half of the year,” Matt Hougan, chief investment officer of Bitwise Asset… Source link
Read More »How the Canadian trucker blockade is straining the auto industry: Expert
After six days, truckers protesting COVID-19 vaccine mandates have ended a blockade at the busiest U.S.-Canada border crossing. Although the blockade at Ambassador Bridge may be over, Bernard Swiecki, research director at the Center for Automotive Research (CAR), believes that it may have significant implications for supply chains and the auto industry. “Normally, when you have a supply chain disruption like this was, essentially, you can get a lot of it back by building vehicles on… Source link
Read More »Expert on increase in Black med students amid pandemic
The long-term effects of the disproportionate impact of the pandemic on minority communities has yet to play out, but one silver lining has emerged. Amid the coronavirus pandemic, Black medical student enrollment has increased by 21% in the past year, according to the Association of American Medical Colleges. Currently, African-Americans account for just 5% of the entire physician population nationally, though about 14% of the general U.S. population. Michellene Davis, CEO of National Medical… Source link
Read More »Expert lineups for NFL championship round
The Championship Round of the 2021 NFL season is this weekend, and our analysts have revealed whom they would choose in their Yahoo Daily Fantasy lineups using a budget of $200. The ultimate goal: To build the perfect winning lineup. Will they achieve it? Let’s take a look! [Play in Yahoo DFS’s $500K Sunday Baller contest] After what Patrick Mahomes and the Kansas City Chiefs pulled off against the Buffalo Bills in the Divisional Round, it’s no surprise that a plethora of Chiefs litters our… Source link
Read More »If the Fed wanted to stop inflation, it would need to hike rates to nearly 6%: expert
Interactive Brokers founder Thomas Peterffy says he is worried about the higher interest rates coming soon from a Federal Reserve behind the curve on inflation. “I am worried about high interest rates because the Fed is talking about raising rates to 1% or even 2%. Inflation is 7% — 1% or 2% doesn’t mean anything. If they really wanted to stop inflation, they would have to raise rates to 4%, 5%, 6%,” Peterffy said on Yahoo Finance Live. Peterffy thinks the Fed wouldn’t go that high on… Source link
Read More »Yahoo Expert Predicts 2022 Will Be an Even Bigger Year for Crypto
dulezidar / iStock.com Cryptocurrency had a big year in 2021, with Bitcoin values skyrocketing (and then plummeting), Coinbase going public and Dogecoin rising in popularity thanks to public support from Elon Musk and Mark Cuban. But 2022 may be an even bigger year for crypto, predicts Jennifer Schonberger, senior reporter at Yahoo Finance and a cryptocurrency expert. More: Cryptocurrency Predictions for 2022Find Out: 8 Best Cryptocurrencies To Invest In for 2022 Here’s are Schonberger’s… Source link
Read More »Expert lineups for NFL Week 9
Week 9 of the 2021 Fantasy Football season is here, and our analysts have revealed whom they would choose in their Yahoo Daily Fantasy lineups this week using a budget of $200. The ultimate goal: To build the perfect lineup. Many of our analysts are seeking other services of Austin Ekeler in Week 9, ahead of a matchup with the Philadelphia Eagles. There’s also quite the variety at tight end, wide receiver and quarterback this week, as bye weeks and injuries continue to play a part in… Source link
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