Less than a week after winning a Super Bowl and quickly returning to retirement, Eric Weddle has his next job lined up. Rancho Bernardo High School in San Diego announced Saturday that outgoing football head coach Tristan McCoy will be replaced by the longtime NFL safety. The announcement via Facebook: It’s official! The 2022 football season will be coach McCoy’s last as the RBHS head coach. Coach McCoy has led the Broncos’ football program the past 11 seasons, and built a reputation of… Source link
Read More »Food prices are ‘high and going higher,’ strategist says
Food prices drove much of the inflation rise in January, according to the latest data from the Bureau of Labor Statistics. And there’s no relief is in sight for consumers struggling with sky-high food expenses, says one strategist. “Part of the problem beyond the cost of raw materials is the packaging materials; 80% is made in mainland China, ” Strategic Resource Group Managing Director Burt Flickinger said in a recent Yahoo Finance Live segment. “And that applies to salt and snacks,… Source link
Read More »Yandex Target of Unusually High Options Trading (NASDAQ:YNDX)
Yandex (NASDAQ:YNDX) was the recipient of unusually large options trading activity on Wednesday. Traders bought 1,814 put options on the stock. This is an increase of 1,437% compared to the typical daily volume of 118 put options. Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. lifted its stake in shares of Yandex by 0.5% in the second quarter. Invesco Ltd. now owns 29,626,332 shares of the information services… Source link
Read More »There’s ‘no relief in sight’ for high trucking costs: BofA
A massive shortage of truckers continues to be a bottleneck for supply chains across North America, serving as a significant factor in the American inflation story and leading to skyrocketing trucking costs. According to a recent Bank of America Global Research (BAC) report, the crunch seen in the trucking industry is showing no signs of abating. “One shipper’s rates [are up] +33% [year-over-year], no relief in sight; sees labor shortages & expect pricing to stay elevated,” BofA’s… Source link
Read More »Yandex Target of Unusually High Options Trading (NASDAQ:YNDX)
Yandex (NASDAQ:YNDX) was the recipient of unusually large options trading on Wednesday. Traders acquired 1,814 put options on the stock. This is an increase of 1,437% compared to the typical volume of 118 put options. Shares of NASDAQ YNDX opened at $42.12 on Thursday. Yandex has a twelve month low of $39.00 and a twelve month high of $87.11. The stock’s 50 day moving average price is $61.32 and its 200-day moving average price is $70.63. The company has a market capitalization of $14.92… Source link
Read More »Demand for our electric vehicles is high
Ford CEO Jim Farley is seeing impressive early demand for the company’s new electric vehicles, the E-Transit (van) and F-150 Lightning. “We have over 10,000 orders already from a lot of different customers [for the E-Transit]. I think we just got over 1,000 orders from Walmart. So, the demand is very high,” Farley told Yahoo Finance. “The E-Transit is strategically very important for the company because of our dominant position.” The company’s E-Transit vans will begin arriving to customers… Source link
Read More »US jobless claims rise to 3-month high
Weekly new jobless claims unexpectedly jumped last week by the most since October, with some renewed virus-related disruptions at least temporarily impeding the labor market’s recovery. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 15: 286,000 vs. 225,000 expected and a revised 231,000 during prior… Source link
Read More »Barclays is betting these 3 dividend stocks will beat the S&P 500 — if you’re looking for income, snag yields as high as 10.3%
Barclays is betting these 3 dividend stocks will beat the S&P 500 — if you’re looking for income, snag yields as high as 10.3% In the current market frenzy, with rabid investors chasing after the hottest tickers, dividend stocks often get ignored. But a steadily growing stream of dividends will help anyone sleep better at night. And besides, with savings accounts paying next to nothing these days, who wouldn’t want a better way to earn passive income? Recent studies prove once again that… Source link
Read More »Warren Buffett says these are the best stocks to own when inflation spikes — with high prices no longer ‘transitory,’ it might be time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with high prices no longer ‘transitory,’ it might be time to follow his lead After months of rising prices, the Fed’s claim that high inflation rates would be “transitory” is looking a bit transitory itself. “It’s probably a good time to retire that word and try to explain more clearly what we mean,” Fed Chairman Jerome Powell said Tuesday. “I think the risk of higher inflation has increased.” A… Source link
Read More »FTC orders Walmart, Amazon, Kroger and more to turn over information on empty shelves, high prices
The Federal Trade Commission said Monday that it is investigating the causes behind ongoing supply chain disruptions and how they are “causing serious and ongoing hardships for consumers and harming competition in the U.S. economy.” The FTC said it is ordering Walmart, Amazon, Kroger, other large wholesalers and suppliers including Procter & Gamble Co., Tyson Foods and Kraft Heinz Co. “to turn over information to help study causes of empty shelves and sky-high prices.” Orders also are… Source link
Read More »