There are some weird quirks baked into MLB’s lengthy rulebook, and the Washington Nationals ran into a particularly unsavory morsel on Wednesday. In the fifth inning, the Nationals were in trouble. The Pittsburgh Pirates had runners on second and third with one out and the score tied 3-3. Ke’Bryan Hayes, one of three Pirates in the lineup with a batting average above .250, was facing Steve Cishek. Then the Nationals got lucky. Hayes hit a low line drive that was caught by Nationals first… Source link
Read More »Google to shut down one of its products this fall
(NEXSTAR) – After more than a decade, Google is preparing to shut down its messaging platform, Google Hangouts, and to transition users to its newest service, Google Chat. Hangouts – which was originally part of Google+, according to The Verge – allows users to message others or video call them. It can be accessed via a standalone app and an online feature. Google announced changes for Hangouts users in late 2020, which included directing them to use either Fi, Google’s… Source link
Read More »Inflation will probably fall, but it won’t be the Fed’s doing: Morning Brief
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 Tuesday, June 28, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter. The Federal Reserve is working hard to bring down inflation, raising interest rates at the fastest pace in nearly 30 years. Recently, some analysts have begun to explore the idea that inflation may moderate in the coming months. But… Source link
Read More »S&P 500 May Have Another 24% to Fall, 150 Years of Market History Shows
(Bloomberg) — The S&P 500 Index may have another 24% to fall by year-end, if the past 150 years of financial-market history are any guide. Most Read from Bloomberg That’s according to Societe Generale, which calculates the benchmark gauge may need to tumble as much as 40% from its January peak in the next six months to hit bottom. That comes out to 2,900. The upper end of the range the firm gave is for the index to slump by roughly 34% from its top, to 3,150. Societe Generale arrived at this… Source link
Read More »Stock fall as bond yields push higher
U.S. stocks extended losses early Thursday as bond yields charged forward. The moves followed data on the labor market that disappointed before the open and confirmation from the European Central Bank of its intention to raise interest rates next month. The S&P 500, Dow Jones Industrial Average, and Nasdaq each fell roughly 0.5% at the start of trading. Weekly filings for unemployment insurance totaled 229,000 last week, the most since January, and a sign of potential stress building in the… Source link
Read More »Stocks fall as inflation concerns persist
U.S. stocks dropped on Wednesday, with the S&P 500 and Dow giving back gains after rising for back-to-back sessions. The S&P 500 fell over 1% on Wednesday, while the Dow and S&P 500 both lost more than 0.7%. The small-cap Russell 2000 was the day’s biggest laggard, falling over 1.5% at session lows. All three major averages had kicked off this week with gains, rising on both Monday and Tuesday. West Texas intermediate crude oil prices (CL=F) rose above $122 per barrel to reach the highest… Source link
Read More »Mortgage rates fall a third week in a row as housing market tilts in homebuyers’ favor
Mortgage rates fall a third week in a row as housing market tilts in homebuyers’ favor Mortgage rates fell again this week amid relentless inflation and persistent doubt around the health of the U.S. economy. The rate drop — the third in as many weeks — was slight but still meaningful given rising home prices and generally higher borrowing costs. America’s most popular home loan — the 30-year fixed mortgage — is still significantly more expensive than it was last year. That’s… Source link
Read More »Russian rouble firms past 62 vs dollar, Yandex shares fall after EU sanctions
The Russian rouble firmed past 62 to the dollar in Moscow trade on Friday while shares in internet giant Yandex fell sharply after EU countries imposed new sanctions against Russia. EU countries have agreed their sixth package of sanctions against Russia over what it calls a “special military operation” in Ukraine, including an import ban on all Russian seaborne crude oil and petroleum products in six to eight months. The rouble firmed despite the negative… Source link
Read More »UPDATE 1-Russian rouble firms past 62 vs dollar, Yandex shares fall after EU sanctions
(Adds detail, updates prices) June 3 (Reuters) – The Russian rouble firmed past 62 to the dollar in Moscow trade on Friday while shares in internet giant Yandex fell sharply after EU countries imposed new sanctions against Russia. EU countries have agreed their sixth package of sanctions against Russia over what it calls a “special military operation” in Ukraine, including an import ban on all Russian seaborne crude oil and petroleum products in six to eight months. The rouble firmed despite… Source link
Read More »Russian rouble firms past 62 vs dollar, Yandex shares fall after EU sanctions
Woman holds Russian Roubles in front of U.S. Dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register June 3 (Reuters) – The Russian rouble firmed past 62 to the dollar in Moscow trade on Friday while shares in internet giant Yandex (YNDX.O) fell sharply after EU countries imposed new sanctions against Russia. EU countries have agreed their sixth package of sanctions against Russia over what it calls… Source link
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