Tag Archives: Trade

Russia invaded Ukraine Thursday, shelling key strategic targets.Vadim Zamirovsky/AP Morgan Stanley Wealth Management CIO Lisa Shalett said the Russia-Ukraine conflict will keep markets in risk-off mode for weeks. She said a rapidly-changing situation often results in a flight out of risk assets, but this isn’t a good strategy in the longer run. Russia invaded Ukraine on Thursday in the region’s largest military operation since World War 2. Financial markets have been roiled this week after… Source link

Much has been made about the Los Angeles Lakers standing pat at the trade deadline despite some obvious struggles, and the discontent reportedly extends behind closed doors with the team. The biggest topic is what to do, or should have done, with point guard Russell Westbrook, who hasn’t proven to be the kind of player the Lakers need alongside LeBron James and Anthony Davis. The Lakers acquired Westbrook last offseason in exchange for a bevy of players and have since watched his production… Source link

James Harden and Ben Simmons put on their best faces for the public following messy exits in their trade deadline swap. One person who watched with great interest was NBA commissioner Adam Silver, who’s prepping for All-Star weekend in Cleveland. In a conversation with Yahoo Sports, Silver noted this has been part of the NBA’s fabric for some time, and not just this generation of players. “Players forcing their way out of situations is not new in this league. It’s important to have that… Source link

Ben Simmons handed out a few answers after an elongated holdout and last week’s trade to the Brooklyn Nets. The 2016 No. 1 overall pick told reporters his mental health had nothing to do with the deal, but that things had piled up during his tenure with the Philadelphia 76ers that forced his way out. “It piled up a bunch of things over the years where I knew I wasn’t myself and I had to get back to that place of being myself and being happy as a person and taking care of my well-being,” Source link

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 Tuesday, February 15, 2022 The inflation-rate hike apocalypse has been canceled — for now Just days ago, reactive markets were convulsed by fears of spiraling prices, and the prospect of a Federal Reserve making up for lost time with aggressive rate hikes to cool things down. But one day is practically a lifetime in financial markets. This week,… Source link

Starbucks (SBUX) fired seven workers at a Memphis location, in the midst of an increasingly acrimonious battle over a unionization drive that’s widened to dozens of cities. On Tuesday, seven Starbucks workers – 35% of the store’s total workforce – were terminated by the coffee giant, including nearly the entire union organizing committee, according to Starbucks Workers United. The coffee giant confirmed the dismissals at the store, although both sides differed about why the firings… Source link

Donald Trump, the American president from 2017 to 2021, said he knew more about trade than most economists and foreign-policy experts. “Trade wars are good, and easy to win,” Trump famously declared in 2018. He described himself as a “Tariff Man” and proved it by imposing new tariffs on hundreds of billions of dollars of U.S. imports, to be paid by the American firms buying those goods. Trump’s dubious logic was that making imports costlier to Americans would hurt the foreign… Source link

The Cleveland Cavaliers are making a move to bolster their rotation as they fight for a top seed in the Eastern Conference. According to The Athletic, the Cavaliers are trading Ricky Rubio, a first-round pick and two second-round picks to the Indiana Pacers for Caris LeVert. The trade was reported less than two hours before the teams play each other in Cleveland. According to ESPN, one of the second-round picks originally belonged to the Houston Rockets and will likely be in the top 35. The… Source link

It’s hard to imagine much bipartisan cooperation coming in 2022. President Joe Biden said Wednesday the strategy of Senate Minority Leader Mitch McConnell is “to do anything to prevent Biden from being a success.”  And speaking to Yahoo Finance the next day, Rep. Kevin Brady (R-TX) shot back by saying, “We haven’t had a single invitation to sit down, from this president or Speaker [Nancy] Pelosi.” Despite the gridlock, Brady mentioned four areas he believes both parties could agree… Source link

I was in Washington D.C. this past week and you could almost feel the strife in the brisk January air, with the endless squabbling over President Biden’s stalled Build Back Better plan being Exhibit A. And yet I did find instances of bipartisanship, featuring some strange bedfellows the likes of which I hadn’t seen since Representative Alexandria Ocasio-Cortez and Senator Ted Cruz briefly aligned on Twitter last year during the meme stock brouhaha — before AOC kicked Ted to the curb, 67… Source link