Yahoo Sports’ Dan Wetzel and Sports Illustrated’s Pat Forde discuss the NCAA Notice of Allegations sent to Tennessee relating to 18 Level 1 violations allegedly committed by former head coach Jeremy Pruitt and his staff. Video Transcript DAN WETZEL: Tennessee Vols Jeremy Pruitt era is closing, finally. A disastrous decision. Probably one of the worst hires in SEC history, and it’s an illustrious group there. 18 level one violations. It’s not the amount, it’s $60,000 about in gifts, cash,… Source link
Read More »‘The level of sneakiness with Americans hiding money abroad is staggering’
Whether dodging taxes or legal peril, wealthy Americans often succeed in concealing assets from the government by hiding their money in offshore bank accounts. Research from the IRS and a group of economists last year found that the top 1% of earners in the U.S. neglect to report 20% of their income — and that random audits almost never detect offshore accounts. “The level of sneakiness around very wealthy American clients hiding their money abroad is kind of staggering,” best-selling… Source link
Read More »Stephen Curry, LeBron James react to kid who took ‘night night’ taunt to next level: ‘See what you started’
Golden State Warriors star Stephen Curry is often imitated, rarely duplicated and never surpassed … until now. Curry showed some love to a young basketball player who took Curry’s “night night” celebration to the next level during a game. After hitting a jump shot, the kid actually drops to the floor and mimics sleeping in his bed. It was an elevated form of Curry pretending to sleep after sinking a big shot against the Boston Celtics in the NBA Finals. Curry liked what he saw from the… Source link
Read More »U.S. savings rate hits lowest level since 2008 — why economists aren’t concerned
With inflation surging and pandemic-related stimulus rolling off the books, U.S. savers are under pressure. In April, the U.S. personal savings rate fell to 4.4%, the lowest since September 2008, according to data from the Commerce Department published Friday. “In a typical cycle, a sharp drop in the saving rate would be a warning sign about the sustainability of spending,” Wells Fargo economists led by Tim Quinlan wrote in a note published earlier this week. “Because balance sheets are in such… Source link
Read More »Mullen and Development Partner Take Solid-State Polymer Battery Cell Technology to the Vehicle Pack Level
Mullen Technologies, Inc. Partnership with LGG (Linghang Guochuang Group) is on track and focused on taking solid-state polymer battery cell technology into vehicle pack level development. Solid-state batteries are planned for Mullen’s second-generation Mullen FIVE EV Crossover and show promise of over 300 miles of range delivered in 18 minutes with DC fast charging. Mullen and LGG progress to pack level development for solid-state polymer batteries Solid-state polymer batteries planned for… Source link
Read More »Bitcoin Flirts With Lowest Level Since 2021 as Equities Drop
(Bloomberg) — Bitcoin is falling toward levels last seen in July 2021, part of a wider retreat in cryptocurrencies amid a global flight from riskier investments. Most Read from Bloomberg The world’s largest digital token dropped as much as 2.7% on Monday and was trading at $33,531 as of 10:28 a.m. in London. The second biggest, Ether, shed as much 4.6%. Most major virtual coins were under pressure over the weekend and the downbeat mood carried over into Monday. Equities in Asia and Europe… Source link
Read More »Bitcoin plummets in weekend after stock rout, breaching support level to around $34,000
Bitcoin continues to fall, extending its losses from the past week. The largest cryptocurrency by market value dropped 4% in the last 24 hours, according to CoinGecko, breaching a key support level and hitting a daily low of $34,406. It’s currently trading at around $34,519, down 9% in the last seven days and down 40% year to date. Ether, the second-largest, is also in the red, down 6% in the last day and down 7.4% in the last week. Overall, the cryptocurrency market is taking a hit, down 4.2%… Source link
Read More »S&P 500 companies hit highest level of analyst ‘Buy’ ratings in more than a decade
U.S. equity markets endured a gnarly first quarter. All three major indexes logged their worst performance in two years as rising interest rates, geopolitical tensions and supply-chain disruptions dampened investor sentiment. But even against that backdrop, Wall Street pros stayed bullish on stocks. According to new data from FactSet, analysts had the most Buy ratings on stocks in the S&P 500 as a percentage of their total ratings during February and March in over a decade. Of 10,821 ratings… Source link
Read More »Stock futures drift after S&P 500 closes at highest level since Jan.
U.S. stock futures drifted slightly lower Tuesday evening after a regular session rally, as investors cheered upbeat developments on discussions between Russia and Ukraine. Contracts on the S&P 500 traded flat to slightly lower. The blue-chip index rose for a fourth consecutive day and closed at its highest level since January earlier Tuesday, unwinding some losses for the year-to-date. Technology stocks led the way higher and helped pull the Nasdaq Composite up by nearly 2%. The CBOE… Source link
Read More »Bitcoin price tests $40,000, Ethereum hovers near $3,000 level again
Bitcoin (BTC-USD) and Ethereum (ETH-USD) are tumbling in what has been an ugly start to the year for cryptocurrencies. Bitcoin, the largest digital cryptocurrency, has extended its slide to fall to as far as $39,558 Monday morning, dipping below the crucial $40,000 level for the first time since September 2021. It is nearing what is known as the “death cross,” a bearish indicator which occurs when the 50-day moving average dips below the 200-day moving average, and could mean bitcoin is… Source link
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