Tag Archives: falls

Scott Rolen elected to Baseball Hall of Fame while Alex Rodriguez again falls well short

Scott Rolen elected to Baseball Hall of Fame while Alex Rodriguez again falls well short

Scott Rolen became the rare third baseman to make the Baseball Hall of Fame. (REUTERS/Mike Blake) It took six tries, but St. Louis Cardinals great Scott Rolen is heading to the Hall of Fame. Rolen received the news that he would be enshrined in Cooperstown on Tuesday. He is the only member of the 2023 Hall of Fame class voted in by the Baseball Writers’ Association of America this year. Rolen barely got in, receiving 76.3% of the vote. Players need 75% of the vote to be enshrined in… Source link

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WWE stock falls after Saudi investment fund sale rumors denied

WWE stock falls after Saudi investment fund sale rumors denied

World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company. A person familiar with the matter told Yahoo Finance it hasn’t sold itself to Saudi Arabia’s Public Investment Fund or another entity. Early reports on Wednesday, most prominently from DAZN’s Steven Muehlhausen, asserted that a deal to PIF was imminent. The original tweet was deleted. Matt Riddle enters the arena on a… Source link

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Payrolls rise by 223,000, unemployment rate falls to 3.5%

Payrolls rise by 223,000, unemployment rate falls to 3.5%

The last read on U.S. job growth in 2022 showed the labor market remained strong in the final month of the year, even as the Federal Reserve raised interest rates to the highest level in 15 years. The Labor Department published its monthly jobs report for December at 8:30 a.m. ET on Friday. Here are highlights from the release, compared to Wall Street estimates compiled by Bloomberg: Non-farm payrolls: +223,000 vs. +202,000 expected Unemployment rate: 3.5% vs. 3.7% expected Average hourly… Source link

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Global IPO activity falls 45% as higher rates crushes deal activity

Global IPO activity falls 45% as higher rates crushes deal activity

It’s been a no good, very bad year for private companies eager to make their debuts on U.S. and global exchanges. Through December 14, there have been just 1,333 initial public offerings worldwide in 2022 which collectively raised $179.5 billion, marking a 45% drop in listings raising 61% fewer dollars compared to 2021. “Amid an environment defined by higher inflation and rising interest rates, investors have spurned new public companies and turned to less risky asset classes,” said Paul Go,… Source link

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US STOCKS-Wall Street falls as jobs report keeps Fed on hike path

US STOCKS-Wall Street falls as jobs report keeps Fed on hike path

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Job growth beats expectations; unemployment rate steady at 3.7% * Ford falls on lower November vehicle sales * Dow down 0.29%, S&P 500 down 0.54%, Nasdaq down 0.75% (Updates to mid-afternoon, changes byline) By Chuck Mikolajczak NEW YORK, Dec 2 (Reuters) – U.S. stocks fell on Friday, although major indexes recovered from their lowest levels, as the November payrolls report fueled expectations the… Source link

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U.S. payrolls grew by 263,000 in September, unemployment rate falls to 3.5%

U.S. payrolls grew by 263,000 in September, unemployment rate falls to 3.5%

Job growth slowed for a second month in September as a series of supersized interest rate hikes permeated the U.S. economy, but the softer non-farm payroll gain is still unlikely to deter policymakers from aggressive monetary action to fight inflation that remains at a decades-high. Here are highlights from the latest monthly jobs report released by the Labor Department on Friday, compared to consensus estimates from Bloomberg. Non-farm payrolls: +263,000 vs. +255,000 expected Unemployment… Source link

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Stock sell-off intensifies after relief rally fades; Dow sheds 500 points, Nasdaq falls 3%

Stock sell-off intensifies after relief rally fades; Dow sheds 500 points, Nasdaq falls 3%

U.S. stocks cascaded Thursday as recession jitters returned to Wall Street, paring gains from a fleeting relief bounce spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 2.3%, while the Dow Jones Industrial Average erased more than 500 points, or around 1.7%. The Nasdaq Composite sank over 3%. Technology stocks led the slide lower as heavily-weighted Apple (AAPL) shares erased roughly 4.8% on concerns around waning demand that prompted a downgrade from Bank of America…. Source link

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Colts tie Texans after comeback falls short, leading to huge survivor pool blow

Colts tie Texans after comeback falls short, leading to huge survivor pool blow

The Indianapolis Colts’ season-opening non-winning streak is alive and well. The Colts and Houston Texans tied 20-20 on Sunday at NRG Stadium, marking a ninth straight season that the Colts have failed to win a season-opener. That’s the longest active streak in the NFL, and tied for the second-longest in league history. Colts quarterback Matt Ryan is still searching for his first win with his new team. (AP Photo/David J. Phillip) The Philadelphia Eagles also lost nine straight… Source link

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Oil Boom Falls Flat in Region With a Fifth of World’s Reserves

Oil Boom Falls Flat in Region With a Fifth of World’s Reserves

(Bloomberg) — From Saudi Arabia to West Texas, drillers are pumping more oil to cash in on a scorching price rally. But a region that’s home to a fifth of the world’s crude reserves is mostly missing out. Most Read from Bloomberg All over Latin America, the upside of $100 crude has been blunted by nationalist policies that tightened government control of the energy industry and sidelined the foreign investors who had helped boost production. Output from Brazil and Guyana is rising, but… Source link

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Is 2022 the year Travis Kelce finally falls off?

Is 2022 the year Travis Kelce finally falls off?

The Yahoo Fantasy Football crew is identifying the specific players at each position they’re fading this draft season. Finally, the tight end picks from Andy, Matt, Scott and Dalton. One popular sleeper who might stay sleeping Andy Behrens: A quick review of the fantasy portfolio reveals that I’ve already drafted literally every tight end in the Yahoo consensus top-12 in at least one league. This would suggest that A) I might very well have signed up for too many leagues and B) I don’t have… Source link

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