Tag Archives: hole

The iPhone 14 Pro is here, and it’s one of Apple’s most significant upgrades in years. We’re used to seeing better camera and screen technology in Apple’s “Pro” lineup, but this time around it’s a dramatic departure from the standard iPhone 14. For one, Apple has done away with the notch, which first arrived with the iPhone X way back in 2017. Instead, there’s a large cutout Apple is calling the “Dynamic Island,” which can expand via software to include notifications and other app… Source link

We’ve heard a lot recently about how the troubled Bed Bath & Beyond retail chain plans to solve its financial problems by changing its merchandising to include more national brands, taking out expensive loans, closing 150 stores, firing 20% of its workforce and potentially selling 12 million shares of new stock, which would raise some $100 million as of Friday’s closing price. (And, of course, there was more turmoil in recent days with the tragic suicide of Chief Financial Officer Gustavo… Source link

U.S. stock futures sank lower to start the week, extending a sell-off that began Friday after a hawkish speech by Fed Chair Jerome Powell at the central bank’s gathering in Jackson Hole. Futures tied to the S&P 500 tumbled 0.9%, and futures on the Dow Jones Industrial Average fell by roughly the same margin, or 290 points. Contracts on the tech-heavy Nasdaq Composite shed 1.2%. Meanwhile in the bond market, the benchmark 10-year Treasury note surged above 3%, and the 2-year Treasury yield… Source link

Esther George, president of the Federal Reserve Bank of Kansas City, joined Yahoo Finance on the sidelines of the annual Jackson Hole symposium discuss the Fed’s firefight with inflation amid recessionary concerns. Below is a transcript of her appearance, taped on August 24 and aired on August 25. — BRIAN CHEUNG: Yahoo Finance on site here, the Jackson Hole Economic Symposium. I’m sitting down here with Kansas City Fed President Esther George. President George, how are you? ESTHER GEORGE:… Source link

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 Wednesday, August 24, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The S&P 500 (^GSPC) has a breadth problem. The summer rally in stocks petered out last week after a sizable 17.4% gain for the S&P 500 from mid-June lows to mid-August highs. But echoing a complaint… Source link

For more business and finance explainers, check out our Yahoo U page. Every year in August, the Federal Reserve holds a small gathering of the world’s leading economists and policymakers against the backdrop of the Grand Teton Mountains in Wyoming. Only about 120 people attend the event every year, but the publicly-released papers and speeches — as well as media engagements by policymakers — have made the Kansas City Fed’s Economic Policy Symposium a landmark event for Fed watchers and… Source link

Justin Lower was all set to not only make it into the FedExCup Playoffs on Sunday afternoon, but also secure his PGA Tour card for the second straight year. Yet on the 72nd green at the Wyndham Championship, Lower slipped. Lower, after reaching the par-4 18th green in regulation, three-putted from 61 feet for a bogey — which officially knocked him outside of the top 125 in the FedExCup standings and took his Tour card away. Lower’s face walking off the 18th green said it all. “I don’t… Source link

WASHINGTON – For his last hit as a Washington National, Juan Soto homered off his former teammate and fellow 2019 champion, Max Scherzer, now pitching for the likely playoff-bound New York Mets. By the time the team played again, Soto had been traded to the San Diego Padres. He also walked three times, stole a base and threw out a runner at the plate in the Monday night game that also featured fans giving him an ovation after his final at-bat (one of the walks, fittingly) before the trade… Source link

GameStop (GME) shares fell 7% Thursday after the video game retailer reported lackluster fiscal fourth quarter earnings results. The company reported an adjusted operating loss of $160.7 million, compared to a profit of $28.9 million a year ago. The quarter was supposed to be a strong one since it includes the busy holiday shopping season when GameStop has historically made money. But instead the earnings results shed light on aggressive spending for strategic initiatives, such as plans for… Source link

The Arizona Cardinals‘ night was already going really bad, and then it reached ridiculous levels on one of the worst plays you’ll see a quarterback make in the playoffs.  The Los Angeles Rams led 14-0 and had the Cardinals backed up, facing a third-and-7. Kyler Murray went back to pass and held the ball an impossibly long time looking for a receiver. Eventually linebacker Troy Reeder got to Murray and started to wrap him up for what would have been a sack and safety. It got worse.  Murray… Source link