Tag Archives: market

As sluggish NBA trade market nears deadline, history has shown a player’s desired trade destination may not matter

As sluggish NBA trade market nears deadline, history has shown a player’s desired trade destination may not matter

The NBA trade market continues to hum along quietly, with little chatter of substantive deals gaining actual development. There are frameworks being passed around front offices and role players being made available, but this transaction landscape ahead of the Feb. 9 buzzer is desperately lacking significant talent on the block, in the eyes of lead executives, particularly for teams that are searching to add a true All-Star into their respective builds. That is why someone like Zach LaVine,… Source link

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Americans prefer to cling to cash after shaken by stock market volatility

Americans prefer to cling to cash after shaken by stock market volatility

Last year’s stock market volatility rattled Americans so much that almost 2 in 3 prefer to have their money sit in cash on the sidelines rather than endure market swings. That is the latest finding from Allianz Life, which asked this question for the first time in a recent survey of 1,005 adults over 18 in December. And data released in January by the Department of Commerce shows that Americans are again starting to sock away more cash. The savings rate for December was 3.4% — the highest… Source link

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3 stunning stats from January 2023’s big stock market move

3 stunning stats from January 2023’s big stock market move

Investors have had a slew of downbeat headlines to kick off 2023. Eye-popping layoff news from tech stalwarts Amazon, Microsoft, Salesforce and 3M. Chip giant Intel reported another tough outlook amid a major slowdown in PC demand. Ford and Tesla slashing prices on EVs as the economy has cooled. Signs that inflation continues to slow — but not at such a rapid pace as to suggest rate cuts from the Federal Reserve later this year. Earnings are meh. And yet stocks are off to a surprisingly… Source link

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Portland aiming to extend Jerami Grant but open to moving others in trade market

Portland aiming to extend Jerami Grant but open to moving others in trade market

Jerami Grant became eligible for a contract extension with the Trail Blazers earlier this month, and Portland has offered the athletic forward his maximum possible deal of four years, $112 million, league sources told Yahoo Sports. Grant has not accepted the offer, sources said, largely because the Blazers can extend him a larger contract with an additional fifth year once free agency begins June 30. At that point, Grant, who turns 29 in March, could receive $233 million over a five-year… Source link

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Portland aiming to extend Jerami Grant but open to moving others in trade market

Portland aiming to extend Jerami Grant but open to moving others in trade market

Jerami Grant became eligible for a contract extension with the Trail Blazers earlier this month, and Portland has offered the athletic forward his maximum possible deal of four years, $112 million, league sources told Yahoo Sports. Grant has not accepted the offer, sources said, largely because the Blazers can extend him a larger contract with an additional fifth year once free agency begins June 30. At that point, Grant, who turns 29 in March, could receive $233 million over a five-year… Source link

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The 2023 stock market rally is facing its first technical challenge

The 2023 stock market rally is facing its first technical challenge

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 Thursday, January 26, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with the Yahoo Finance App. Stocks mounted an impressive comeback Wednesday, with the Nasdaq Composite (^IXIC) nearly erasing its biggest opening deficit… Source link

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Stock market news live updates: January 24, 2023

Stock market news live updates: January 24, 2023

U.S. stock futures wilted Tuesday morning after back-to-back gains as investors evaluated another round of corporate earnings results. Futures tied to the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) each fell roughly 0.3%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.4%. Among specific names in focus early Tuesday, General Electric’s (GE) stock pushed higher in pre-market trading after the industrials company delivered an upbeat profit forecast, citing… Source link

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