It’s been a strong 2022 for energy stocks. The S&P 500’s XLE (XLE) is up more than 40% since the beginning of January — by far outperforming the broader market. In June and July, overbought energy stocks pulled back sharply amid concerns of a recession and tumbling oil prices. Since then, the sector has regained a large portion of those losses. In continuation of our series, “What to do in a bear market,” Yahoo Finance asked the experts if energy is still the place to be given the recent… Source link
Read More »Yahoo-yahoo: Experts tok why youths dey do internet fraud as Nigerian Court send seven go prison for cybercrime
Wia dis foto come from, EFCC 11 August 2022, 11:56 WAT One Nigerian court for Oyo state, south west Nigeria don send seven yahoo boys go chill for prison. On August 8 and 9, Justice Bayo Taiwo of di Oyo State High Court, wey sit for Ibadan, convict and sentence seven internet fraudsters to different years in prison. Di yahoo boys wey chop prison sentence na Ogunyemi Olajide Temitope, Olamilekan Fafiolu Quadri, Olamilekan Paul Akinyemi, Ayegbusi Ayokunle, Taiwo Azeez Dolapo, Adeogun Usman… Source link
Read More »Have the markets bottomed, and is it safe to buy? Experts weigh in
A recession? Don’t tell that to the stock market. The major averages ended positive for the week. That came after the best month for the S&P 500 (^GSPC) since November 2020. Granted, the Nasdaq Composite (^IXIC) is still 20% down year-to-date, and the S&P 500 is 13% in the red. But the recent rally in the markets has some investors wondering if we’re watching a turning point, and if it’s safe to buy. In continuation of our series “What to do in a bear market,” Yahoo Finance asked the… Source link
Read More »Tech stocks: What Wall Street experts recommend in a bear market
Tech stocks have gotten some of their mojo back — at least for now. Some of the beaten down tech-related names have rebounded since the market’s most recent bottom on June 16. In our series “What to do in a bear market,“ Yahoo Finance examines Wall Street analysts’ recommendations on tech related holdings — against a backdrop of a slowing economy and the Federal Reserve’s moves to bring down inflation. On Wednesday, the central bank announced a 75 basis point rate hike. Fed Chairman Jerome… Source link
Read More »Experts say U.S.’s ‘substantial proposal’ may not be enough to bring Brittney Griner home
On Wednesday afternoon, Secretary of State Antony Blinken announced that the U.S. had offered Russia a “substantial proposal” aimed at securing the release of WNBA star Brittney Griner and former Marine Paul Whelan. Now the question is whether it will be enough to bring the two jailed Americans home. Will the Russians accept a 2-for-1 trade for a notorious arms trafficker who for years has been atop the Kremlin’s prisoner exchange wish list? Or will they seek to extract more concessions… Source link
Read More »‘Powerful’ US laws could shield Google from paying John Barilaro defamation damages, experts say | Google
Australian courts may not be able to enforce an order that Google pay John Barilaro more than $700,000 in defamation damages because of free speech protections in US law, legal academics say. Google, the owner of YouTube, was on Monday ordered to pay the former New South Wales deputy premier aggravated damages over a series of defamatory “racist” and “abusive” videos published on the YouTube channel Friendlyjordies. Federal court justice Stephen Rares ruled that Barilaro had been left… Source link
Read More »Don’t get too excited about the stock market’s recent rally. Some Wall Street experts say it could be a trap—and the bear market will still wreak havoc
The stock market is suddenly looking up. Or is it? Equities whipsawed throughout the month of May as investors contemplated falling economic growth projections and less-than-stellar earnings forecasts from retailers. Despite the bearish news, ongoing volatility, and consistent predictions of an impending recession, the S&P 500 ended the month roughly unchanged after mounting a recovery over the last few weeks. The rebound has some on Wall Street arguing that it’s time to be opportunistic and… Source link
Read More »Amber Heard lost her defamation case with Johnny Depp because she wasn’t believable and not as big of a star, experts say
Amber Heard.EVELYN HOCKSTEIN/POOL/AFP via Getty Images A jury largely sided with Johnny Depp in his defamation trial with Amber Heard on Wednesday. Experts told Insider that Heard lost because she wasn’t believable on the stand, and isn’t as big a star. “The jurors loved him, the public loved him, everyone on social media loved him.” Amber Heard lost her defamation case with Johnny Depp because she didn’t come off as credible, and lacks her ex-husband’s star power, experts told Insider hours… Source link
Read More »Experts warn never put this on your résumé—regardless of what job you’re applying for
It’s hard to find a workplace norm the pandemic hasn’t upended. It’s increasingly rare for white-collar workers to go into the office five days a week. The definition of “workwear” is up for debate. Job-hopping no longer sets off alarm bells. And, as of right now, it’s decidedly a job seeker’s market. But while change is everywhere in the workplace, there’s one holdout that hasn’t been updated during these unprecedented times: the résumé. There’s no shortage of advice and… Source link
Read More »Future COVID variants will likely reinfect us multiple times a year, experts say — unless we invest in new vaccines
For more than a year now, the original COVID-19 vaccines have held up remarkably well — even miraculously so — against a Greek alphabet of new variants: Alpha, Beta, Gamma, Delta. But now experts say something is changing. Since the start of 2022, the initial version of Omicron, known as BA.1, has been spinning off new sublineages — BA.2, BA.2.12.1, BA.4, BA.5 — at an alarming pace. Earlier variants did this, too. But it never really mattered, because their offshoots “had no… Source link
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