Tag Archives: Reason

Utah congressman switches vote to ‘no’ on Mayorkas impeachment at the last minute — for this reason

Utah congressman switches vote to ‘no’ on Mayorkas impeachment at the last minute — for this reason

Department of Homeland Security Secretary Alejandro Mayorkas narrowly avoided impeachment Tuesday, as the vote to oust him failed by a vote of 216-214. It had been 215-215, but a Utah congressman switched his vote from “yes” to “no” in the last moments before voting closed. Rep. Blake Moore, who was recently elected as vice chair of the House Republican Conference, switched his vote to join three other Republicans who voted no on the impeachment articles — Reps. Mike Gallagher,… Source link

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Another reason not to fear the top-heavy stock market rally

Another reason not to fear the top-heavy stock market rally

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Large-cap tech stocks ripped higher Wednesday for the fifth straight day — up to another record high, widening their lead over the broader market. Many investors remain skeptical of the gains this year, as a handful of tech-centered stocks are once again accounting for nearly all the returns in the S&P 500. Comparisons with the dot-com-era boom and bust abound. To be fair,… Source link

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One key reason inflation is cooling: Immigrant workers

One key reason inflation is cooling: Immigrant workers

There’s one hot-button topic that could hold the key to where inflation goes: immigration. It’s already done a great deal in bringing down consumer price growth to where it is now, experts say, even though the most recent data showed that inflation increased more than expected in December. Investors would be wise to track the flow of immigrants as they assess the future direction of interest rates and the US economy. Not only did the foreign-born population in the US finally exceed its… Source link

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Google’s Former CEO Thinks Hybrid Work Is A Terrible Idea. He’s Right, But For an Entirely Different Reason

Google’s Former CEO Thinks Hybrid Work Is A Terrible Idea. He’s Right, But For an Entirely Different Reason

For most of the past few years, Google–like every company–has been rethinking how its employees work. During the pandemic, most of them worked from home. Now that it seems to be mostly over, a lot of managers would like those employees to come back to the office.  Balancing that tension are leaders trying to figure out the best way to help employees be productive, or even what that even means. Google, a company known for spending a lot of energy and resources creating interesting and… Source link

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Why did the NBA go easy on Robert Sarver? For the same reason leagues always protect team owners

Why did the NBA go easy on Robert Sarver? For the same reason leagues always protect team owners

There certainly were contentious issues with arbitrator Sue L. Robinson’s decision in the Deshaun Watson case last month. But one thing Robinson got absolutely correct was how she noted that the NFL’s inconsistencies played a role in how she came to her conclusion on Watson’s six-game punishment (which has since been changed to 11 games after appeal). The inconsistency of sanctions continues to baffle observers, and not just how players are dealt with. And it’s not just the NFL. We saw it again… Source link

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Why the bulls ‘have reason to worry’ ahead of Jackson Hole: Morning Brief

Why the bulls ‘have reason to worry’ ahead of Jackson Hole: Morning Brief

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 Wednesday, August 24, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The S&P 500 (^GSPC) has a breadth problem. The summer rally in stocks petered out last week after a sizable 17.4% gain for the S&P 500 from mid-June lows to mid-August highs. But echoing a complaint… Source link

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There’s only one reason to avoid drafting Josh Allen

There’s only one reason to avoid drafting Josh Allen

The Yahoo Fantasy Football crew is identifying the specific players at each position they’re fading this draft season. It could be for any number of reasons: They’re not high on the player, the draft cost is too much or a situation is set up for disappointment. First up, the quarterback picks from Andy, Matt, Scott and Dalton. Not chasing the back-to-back MVP Andy Behrens: I haven’t given much serious consideration to Aaron Rodgers in drafts to this point (Yahoo ADP of 89.4, QB11), and I’m not… Source link

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‘There doesn’t seem to be much fundamental reason for the activity’

‘There doesn’t seem to be much fundamental reason for the activity’

The renewed push higher in meme stocks this month is unlikely to be a carbon copy of the frenzied activity seen in early 2021, one strategist explained. “That might have been a once-in-a-lifetime move with what we saw in the past,” Ihor Dusaniwsky, managing director at S3 Partners, said on Yahoo Finance Live (video above). “What we’re seeing is just reemergence of the meme stocks on different time periods, where you’ve got this retail base that’s moving the stock up. Institutions are long and… Source link

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Climate is ‘the No. 1 reason why food prices go up,’ CEO says

Climate is ‘the No. 1 reason why food prices go up,’ CEO says

Extreme weather events, from droughts to floods, have inflated global food prices beyond the effects of the Russia-Ukraine war — and climate change will only continue to stress crop yields. “The climate is the No. 1 reason why food prices go up,” Sal Gilbertie, president and CEO of Teucrium Funds (CORN), told Yahoo Finance Live (video above). “It happens all the time. If you look at the last six or seven times that global grains have risen, all but one — and that would be the Ukraine war… Source link

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