Tag Archives: lost

Investors had nowhere to hide on Monday as both the stock market and cryptocurrencies tumbled. The rout followed yet another report of high inflation on Friday that has investors concerned the Federal Reserve will continue its aggressive interest rate hikes, thereby increasing the odds of a U.S. recession. The cryptocurrency market saw its total market cap drop by roughly 12% on Monday to just $980 billion. The sector as a whole has now seen more than $2 trillion in losses since its November… Source link

Russian forces have lost ground in Severodonetsk, a key city in eastern Ukraine that has been the scene of ferocious fighting as Moscow seeks to gain control of Donbas, a regional governor said Sunday. “The Russians were in control of about 70 percent of the city, but have been forced back over the past two days,” Lugansk regional governor Sergiy Gaiday wrote on Telegram.  “The city is divided in two. They are afraid to move freely around the city.” The region of Lugansk has been… Source link

Amber Heard.EVELYN HOCKSTEIN/POOL/AFP via Getty Images A jury largely sided with Johnny Depp in his defamation trial with Amber Heard on Wednesday. Experts told Insider that Heard lost because she wasn’t believable on the stand, and isn’t as big a star. “The jurors loved him, the public loved him, everyone on social media loved him.” Amber Heard lost her defamation case with Johnny Depp because she didn’t come off as credible, and lacks her ex-husband’s star power, experts told Insider hours… Source link

Tech companies such as Facebook parent Meta (FB) and Microsoft (MSFT) are plowing money into their plans for the metaverse, the 3-D virtual world that tech executives are obsessed with. But so far, the experiences that users can get their hands on are nowhere near Silicon Valley’s promises of hyper-realistic avatars and seamless interactions with the real world. And it could be turning consumers off. “People have kind of lost interest in the metaverse, because characters look like… Source link

The Cleveland Browns might want to comply with Baker Mayfield‘s trade request, after all. Mayfield reportedly lost part of the locker room after receiver Odell Beckham Jr. was released in November. It was a crucial season for Mayfield, who was hoping to receive a long-term deal from the Browns after building on the success he experienced in 2020. Those dreams were dashed early, as Mayfield sustained a shoulder injury that hindered his play the entire season. Mayfield’s on-field play took a dip… Source link

Phil Mickelson’s love of gambling is one of his defining characteristics. Now, a new book is reporting just how much that love cost him between 2010 and 2014: $40 million. An excerpt of the book “Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf’s Most Colorful Superstar,” due to be published May 17, breaks down in thorough, agonizing detail just how much money Mickelson lost over that period. Mickelson’s losses were recorded in documents compiled by government auditors doing a… Source link

The Federal Reserve announced that it would raise its benchmark Federal Funds Rate target range to between 0.25% and 0.50% last Wednesday in a long-awaited move seeking to combat decades-high inflation. The move is long overdue, Marketgauge.com Partner and Director of Trading Research & Education Michele Schneider told Yahoo Finance Live in a recent segment. “I think it should have happened already, quite honestly,” she said. “I think they should have been less concerned [with market… Source link

Stocks experienced a brutal correction in January before bouncing to end the month down roughly 5%. That may be just the start of the pain for passive “buy-and-hold” investors, according to Barry Bannister, the chief equity strategist at Stifel, a St. Louis–based investment bank. In fact, the strategist is predicting an entire decade of suffering ahead for markets as the Fed raises interest rates, with 0% returns for investors. “Buy and hold is the ideal strategy in the bull phases…but… Source link

Crypto crimes are on the rise, and a man who lost $120,000 after clicking one bad link shows how vulnerable investors are right now. Reddit user PowerofTheGods said he had been investing since 2016 and kept his investments in a Ledger Nano S (a crypto wallet) and four Metamask digital hot wallets. When he checked his accounts last December, he noticed they were empty. At the time, the currency was valued at more than $120,000. He later realized that hackers stole his crypto after he clicked… Source link

The Cincinnati Bengals lost Super Bowl LVI to the Los Angeles Rams, and there were myriad reasons that can be attributed for their defeat. Among them … But here’s another one we can’t forget: Winning the turnover battle — by two, no less! — and not taking better advantage of it. Matthew Stafford threw two interceptions, and the Bengals turned those into a combined three points. The Bengals did not give the ball away all game. Bengals coach Zac Taylor agrees that the turnover advantage… Source link