The market’s most closely watched part of the yield curve inverted Friday, and if its record over the last half-century is any indicator, the U.S. could be headed for a recession soon. But others say the Federal Reserve’s unprecedented firefight with high inflation makes this yield curve inversion different from those of decades’ past. On Friday, the yield on the 10-year U.S. Treasury bond ended the day at 2.38%, 6 basis points below the 2-year U.S. Treasury yield of 2.44%. This… Source link
Read More »Bengals reportedly sign La’el Collins
La’el Collins, formerly of the Dallas Cowboys, has found a new home. According to NFL Network’s Mike Garafolo, the offensive tackle is signing with the Cincinnati Bengals. Details about the contract weren’t immediately available. Collins had reportedly been given permission to seek a trade last week, and the Cowboys released him on Thursday. Collins was signed by the Cowboys in 2015 as an undrafted free agent, and he’d been with them ever since. He was extremely reliable early in his career,… Source link
Read More »McLaren sign sponsorship deal with Google ahead of 2022 Formula One season
The McLaren Formula One team announced a multi-year partnership with Google on Wednesday ahead of the new season starting in Bahrain this weekend. No financial details were provided, although the partnership is the latest to involve a major U.S. company and Formula One, with the sport growing in the Americas and a second U.S. race scheduled in Miami in May. There is also talk of a third to come in Las Vegas. 2 Related McLaren, who came fourth last year but finished one-two at Monza for their… Source link
Read More »Giants sign Texans QB Tyrod Taylor as Daniel Jones backup
Daniel Jones may have some competition in New York. The Giants reached a deal to bring in former Houston Texans quarterback Tyrod Taylor on Tuesday, according to ESPN’s Adam Schefter. Taylor will sign a two-year, $17 million deal with the Giants in free agency on Wednesday afternoon, per the report. The Giants will mark Taylor’s sixth team in the league, and his third in three years. Taylor spent last season with the Texans, where he threw for 966 yards, five touchdowns and five… Source link
Read More »Broncos, not Cowboys, reportedly sign DE Randy Gregory
Defensive end Randy Gregory intends to sign a contract with the Denver Broncos, not the Dallas Cowboys, according to Yahoo Sports’ Charles Robinson. It was reported earlier Tuesday that Gregory was signing a five-year, $70 million extension with the Cowboys, but that deal fell apart when the Cowboys included language in the contract that Gregory didn’t like. Gregory, 29, has had several issues over the past few years that have kept him off the field. In 2021 that issue was injury. He missed… Source link
Read More »Vikings sign Kirk Cousins to $35 million extension
Kirk Cousins just keeps winning at the bank. The veteran quarterback who famously joined the Minnesota Vikings on a historic fully guaranteed $84 million deal in 2018 and has since signed a $66 million extension agreed to a new extension with the franchise on Sunday. The Vikings announced the agreement, which keeps Cousins in Minnesota through the 2023 season. NFL Network’s Tom Pelissero reported the terms, which include a fully guaranteed $35 million in 2023. [Join the Yahoo Fantasy Tourney… Source link
Read More »Biden set to sign widely awaited order to study crypto, digital dollar
President Joe Biden on Wednesday will officially sign an executive order directing agencies to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide approach to regulating digital assets. The long-awaited order lays out a national policy for digital assets across priorities, including, consumer and investor protection, financial stability, illicit finance, maintaining U.S. leadership in the global financial system and financial inclusion. The… Source link
Read More »CBS predicts Jags to sign 2 notable free agents pass-catchers
If there are two areas fans can bet on the Jacksonville Jaguars addressing during free agency, it’s their offensive line and receiver. With them having around $55 million in available cap space, fans should also expect splash signings at both positions depending on who hits the market. In an article by CBS Sports, that’s exactly the approach Cody Benjamin has the Jags taking in terms of getting skill weapons for Trevor Lawrence. In his free-agent predictions article, he had the Jags… Source link
Read More »Goran Dragic will sign with Nets
Veteran point guard Goran Dragic is joining the Brooklyn Nets, Shams Charania reported for The Athletic on Monday. The 14-year NBA veteran was traded from the Toronto Raptors, for whom he played five games in total, to the San Antonio Spurs at the trade deadline this month. He agreed to a contract buyout with the Spurs, making him a free agent available to sign with a contender. The early list of interested teams reportedly included the Golden State Warriors, Los Angeles Lakers, Los Angeles… Source link
Read More »Soaring COVID-era ad spots a ‘sign of the times’ for brands
Super Bowl LVI ads are sold out of every in-game unit across NBC (CMCSA), Telemundo and all digital platforms — including its fledgling streaming platform Peacock, with some 30-second spots selling for a record $7 million. Like everything nowadays, it’ll cost more for brands to advertise at the big game. Variety reported that the average Super Bowl LVI ad sold for about $6 million for a 30-second spot — up from last year’s $5.5 million. But is the ultra high price-tag worth it? “The short… Source link
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