Tag Archives: point

At 5:28 p.m. on Aug. 28, Brian Robinson Jr. saw his football future flicker. Two teenage assailants approached Robinson on a crowded Washington D.C. street lined with restaurants and bars. They were brandishing guns and they intended to rob the Washington Commanders rookie running back, police say. Robinson fended off one attacker. The other shot Robinson twice, one bullet striking his right glute and the other passing through his right knee. Robinson’s injuries weren’t deemed… Source link

WASHINGTON – The Federal Reserve barreled ahead with a third straight outsize interest rate hike Wednesday in an effort to squash high inflation – but economists worry the campaign is increasingly risking a recession by next year. The Fed raised its key short-term rate by three-quarters of a percentage point to a range of 3% to 3.25%, a higher-than-normal level designed to ease inflation by slowing the economy. It also significantly bumped up its forecast for what that rate will be at… Source link

Nick Kyrgios faced a chance to break Daniil Medvedev in the third set of their fourth-round US Open showdown on Sunday. Instead, he did this. After having a point secured when Medvedev popped up a return short of the net, Kyrgios crossed over to Medvedev’s side of the court and slammed the ball to the ground. He then pointed in the air and smiled. Why? Only Kyrgios knows. But he appeared to take great pleasure in the move. It was illegal, of course. You can’t hit an opponent’s ball before it… Source link

The S&P 500’s decline this year—it’s down nearly 18% since January—accelerated last week after Federal Reserve Chair Jerome Powell indicated more “pain” was ahead. Has the market hit bottom? Bank of America Research, based on its new list of 10 signals showing whether the stock market has hit bottom, says no. View this interactive chart on Fortune.com The bank came up with the list, released on Friday, after analyzing “macro and bottom-up data encompassing policy, valuation,… Source link

Taxi for Putin! Hackers bring gridlock to Moscow by sending hundreds of cabs to fake pick-up in Russian capital (but was it revenge for Ukraine invasion?) Hackers targeted Yandex Taxi, a taxi-hailing app similar to the likes of Uber They sent hundreds of driver to the same pick-up point on Kutuzovsky Prospekt  The huge 10-lane road runs into the centre of the Russian capital was gridlocked No one has taken credit for the back, but comes as Russia wages war on Ukraine The two… Source link

After having their worst start to the year ever, tech and small-cap stocks are starting to show signs of life. A shift in the market began to take hold in late June, leading to an increase of 9.11% in the S&P 500 in July. That same month, the Nasdaq (^IXIC), comprised of primarily technology stocks and small-cap companies, outpaced the S&P 500 (^GSPC), posting a gain of 12.3%. Because of that, advisors are returning to previously battered areas of the market, like technology. “It’s a good point… Source link

On the heels of IMAX’s (IMAX) strong second quarter earnings report, CEO Richard Gelfond is more than confident that the movies are back in business. “It’s not just that the movies are back — they’re back for different age groups,” Gelfond told Yahoo Finance Live in a new interview, referencing the wide variety of available content. “Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick” and “Jurassic World: Dominion” helped lift overall box office performance in the second… Source link

LAS VEGAS — It would appear Kevin Durant’s trade request would be a tipping point to the player empowerment era, a chance for NBA team owners to reset the paradigm after a decade-plus of star movement. After all, if a star in the New York market who’s just entering a four-year extension worth nearly $200 million can force his way out, a contract between player and team might as well be written with disappearing ink. A period that began with LeBron James exercising his right as a free… Source link

Free agent point guard Jalen Brunson intends to sign a four-year, $104 million deal with the New York Knicks, league sources told Yahoo Sports. Brunson met with the Knicks when free agency opened. The Knicks, long thought to be the frontrunners to land Brunson, ultimately were able to offer Brunson the type of deal he was seeking. The Knicks reportedly created salary-cap space to offer Brunson that deal when they traded center Nerlens Noel and guard Alec Burks to the Detroit Pistons, clearing… Source link

With inflation hitting a 40-year high and gas breaking $5 a gallon, all eyes are on the Fed ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting. According to Drew Matus, chief market strategist at MetLife Investment Management, the Fed addressing inflation isn’t a matter of “if” but rather to what extent for investors. “The real question right now is: What’s going to be the cost of handling the inflation story?” Matus said on Yahoo Finance Live (video above). “I think… Source link