Tag Archives: looms

[unable to retrieve full-text content]Copper Hits Record Above $11,000 on Bets That Shortage Looms  Yahoo Finance Source link

[unable to retrieve full-text content]Pistons drop 25th straight game to shorthanded Jazz as history looms: ‘This one hurts more than most’  Yahoo Sports Source link

The dome of the Capitol. (Kent Nishimura/Los Angeles Times via Getty Images) The ceiling on the amount of debt the federal government can issue to fulfill financial obligations is fast approaching, but the Republican-controlled House has signaled that it’s prepared for another round of financial brinkmanship, with Speaker Kevin McCarthy endorsing a push by ultraconservatives to demand spending reductions as part of any extension of the federal government’s borrowing authority. These… Source link

Yahoo Finance Live anchors discuss the decline in stock for Bed Bath & Beyond amid growing bankruptcy fears. Video Transcript [AUDIO LOGO] BRAD SMITH: A major mover that we’re tracking here this morning. Keeping an eye on the never-ending story that is Bed Bath & Beyond. Ticker symbol BBBY. It is lower this morning by about 6%. Fears of bankruptcy, they continue to linger here. And as we go day-by-day, just kind of waiting for more indication of what strategic mechanisms the company will implore… Source link

Bed Bath & Beyond hasn’t filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer shot up as much as 75% in pre-market trading on Monday before giving back some of its gains to be up about 40% as of around 6:00 AM ET. The speculative move in the stock comes ahead of Bed Bath & Beyond’s highly-anticipated earnings on Tuesday. Chatter has been the company would declare bankruptcy prior to its earnings… Source link

Big Tech is bracing for a tough road ahead as HP Inc. said it will axe 10% of its staff, Dell warned that sales are sliding, and Google prepares to designate 10,000 employees as low-performing, a potential prelude to mass staff reductions. The reductions come as a potential recession and post-pandemic decline in sales have led many technology companies to reevaluate staffing needs. HP will cut 4,000 to 6,000 employees in the next five years, aiming to save $1.4 billion a year. “At this… Source link

Hours before kickoff of his first preseason game with the Cleveland Browns, Deshaun Watson issued his first apology to the women he allegedly sexually harassed and assaulted while playing for the Houston Texans. Watson’s apology came nine days after the NFL announced it was appealing his six-game suspension for sexual misconduct issued by former federal judge Sue L. Robinson, with the league seeking either a season-long suspension or a shorter suspension with a significant fine. The appeal is… Source link

Sophia Smith (left) scored two goals in the USWNT’s rout of Jamaica at the 2022 CONCACAF W Championship. (Photo by Jaime Lopez/Jam Media/Getty Images) Nine months before the 2019 U.S. women’s national team conquered all comers, it was already a finished product. It hadn’t yet clinched a spot at the World Cup it would eventually win, but the 11 players who opened a breezy qualifying campaign on Oct. 4, 2018, became the core that triumphed the following summer. Of the 11, 10 started the… Source link

(Bloomberg) — Get ready for a fresh slump in the world’s most-watched stock index, as economic growth fears spiral and the Federal Reserve embarks on its biggest policy-tightening campaign in decades. Most Read from Bloomberg With the S&P 500 flirting with a bear market last week and notching more than $1 trillion in losses, participants in the latest MLIV Pulse survey reckon there’s more pain to come. The gauge is likely to keep falling this year before bottoming at around 3,500,… Source link

Indexes extended their losses on Thursday as markets digested the latest Fed minutes, where Federal Reserve officials “generally agreed” to cut up to $95 billion a month from the central bank’s balance sheet to combat surging prices. In light of the Fed’s hawkish stance on inflation, CenterSquare Investment Management Chief Strategist Scott Crowe sees a sizable decline in economic growth levels ahead. “I think there is little doubt that we are at the beginnings of a significant… Source link