(Bloomberg) — Industrial metals are on track for the worst quarter since the 2008 financial crisis as prices are pummeled by recession worries. Copper, the great economic bellwether, has ricocheted into a bear market from a record four months ago, while tin just tumbled 21% in its worst week since a 1980s crisis froze London trading for four years. Most Read from Bloomberg It’s a dramatic reversal from the past two years, when metals surged on a wave of post-lockdown optimism, inflationary… Source link
Read More »Tech sentiment ‘feels pretty awful, which is a great sign’: Analyst
The brutal 2022 for stocks amid rising interest rates and soaring inflation has been particularly rough for technology-based growth stocks, and that could be an opportunity for longer term investors. “Every rally we’ve seen in tech has been met with harder selling in a lower low,” Jefferies Equity Research Analyst Brent Thill told Yahoo Finance (video above). “Right now, it feels pretty, pretty awful, which is a great sign.” For investors with a three- to five-year window, he added, now is a… Source link
Read More »‘Stylistically it’s a great matchup for me’
LAS VEGAS – Thiago Moises has been on Christos Giagos’ radar for a while now. Giagos (19-9 MMA, 5-5 UFC) faces Moises (15-6 MMA, 4-4 UFC) on Saturday’s UFC on ESPN 38 main card, which takes place at the UFC Apex in Las Vegas. The main card airs on ESPN following prelims on ESPN2/ESPN+. Both RFA alums, Giagos is surprised the pair never fought when they were under the same banner before, but sees now as the perfect timing for the matchup. “I think he’s very technical, a very good… Source link
Read More »Sean O’Malley has had a ‘great’ UFC 276 training camp
Rising bantamweight star Sean O’Malley (15-1) will face his highest ranked opponent when he steps in the octagon against Pedro Munhoz (19-7, 1 NC) at UFC 276 on July 2. O’Malley entered his last fight against Raulian Paiva in December with lingering injury that prevented him from having the training camp that he wanted heading into the fight. This time around, that isn’t the case. “I sparred the last hard sparring rounds. Three yesterday. I feel good. No injuries. Sparring is done. I couldn’t… Source link
Read More »Record inflation keeps the Great Resignation rolling
It’s been over a year since the American workplace turned upside down, with employees quitting en masse in search of more fulfilling jobs and flexible work arrangements. But as inflation hits a 40-year high, stragglers have found yet another convincing reason to jump ship. “It’s a worker’s market,” says Andrew Flowers, labor economist at job advertisement firm Appcast. “And this bargaining power, it means that, with high inflation, this is the time to either ask for a raise or to… Source link
Read More »Google Assistant on the Galaxy Watch 4 is great except for one thing
When Google and Samsung announced Wear OS 3 last year, I had lots of questions about how well Google services would run on Samsung hardware. Of Google’s expansive suite of apps, I was most curious about Google Assistant. The only catch was it wasn’t available when the Galaxy Watch 4 lineup launched — and there were only vague promises as to when it would actually be available. But yesterday, Google Assistant finally arrived on the Galaxy Watch 4, and after a few hours of playing… Source link
Read More »61% of Trump voters agree with idea behind ‘great replacement’ conspiracy theory
A new Yahoo News/YouGov poll shows that more than 6 in 10 Donald Trump voters (61%) agree that “a group of people in this country are trying to replace native-born Americans with immigrants and people of color who share their political views” — a core tenet of the false conspiracy theory known as the “great replacement.” Less than a quarter of Trump voters (22%) disagree with that statement. So-called replacement theory has been covered extensively in the days following the May 14… Source link
Read More »U.S. households felt great about their finances as inflation soared last year: Fed
The Federal Reserve reported financial well-being last year reached the highest levels since at least 2013, underscoring the impact of economic stimulus that also led, in part, to high inflation. About 78% of the roughly 11,000 households surveyed by the Fed reported either “doing okay” financially or “living comfortably,” the highest level seen since the Fed began the survey in 2013. The report noted that household strength was particularly high among parents, due in part to the 2021… Source link
Read More »‘Crashes are the best times to get rich’ — here’s why Robert Kiyosaki thinks bitcoin’s plunge is great news and how you can take advantage of it
‘Crashes are the best times to get rich’ — here’s why Robert Kiyosaki thinks bitcoin’s plunge is great news and how you can take advantage of it Bitcoin is on a wild ride. The world’s largest cryptocurrency soared to $68,990 last November. Now, it’s at around $29,000 — a staggering 58% pullback from the peak. If the downtrend continues, Rich Dad Poor Dad author Robert Kiyosaki says he’s ready to start buying. “BITCOIN CRASHING. Great news,” he tweeted last week. “I am… Source link
Read More »COVID-19: ‘We might not be in a great spot in the fall’: Moderna CEO
The majority of Moderna’s (MNRA) revenue comes from governments abroad — which are bracing are for an ongoing need for COVID-19 vaccines this year. While the U.S. waits on funding and for the U.S. Food and Drug Administration (FDA) to decide on which virus strain to attack through boosters, Moderna and other vaccine companies are anticipating waning immunity to become a concern. “This virus is not getting less infectious,” Moderna CEO Stéphane Bancel told Yahoo Finance. “As you see more and… Source link
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