For companies whose employees are still toiling from their couches at home, the question of when to bring their full workforces back to the office has become even trickier. In a pandemic when many decisions have hinged on risk tolerance, the coronavirus’s new omicron variant has complicated the process of calculating those hazards. Major corporations that had planned to shepherd all their employees back into offices in early 2022 now have to decide whether those dates make sense in light of… Source link
Read More »New COVID variant adds uncertainty for a Fed in the process of slowing support
The emergence of a new COVID variant spooked markets on Friday, forcing some Fed watchers to question if the Federal Reserve will change course on its plans to slow its monetary support to the U.S. economy. “Policy normalization already looked like it was going to be gradual but the… growth worries we’re seeing come back into the market’s consciousness in the last 24 hours could mean that monetary policy needs to be a little bit more dovish than that,” HSBC Asset Management Chief… Source link
Read More »U.S Mortgage Rates Fall again as COVID-19 Delivers Yet More Uncertainty
Mortgage rates fell for the 9th time in 13-weeks and for a fourth straight week in the week ending 22nd July Following a 2 basis points decline from the previous week, 30-year fixed rates decreased by 10 basis points to 2.78%. Since 21st April, 30-year mortgage rates had risen just once beyond the 3% mark before the current pullback. Compared to this time last year, 30-year fixed rates were down by 23 basis points. 30-year fixed rates were still down by 216 basis points since November 2018’s… Source link
Read More »The uncertainty of the 2020 NBA draft class
It’s not quite holding your nose because the crop of prospects stinks, but this NBA draft has more uncertainty than any of the past decade. Or, at least, the 2013 version, which saw the Cleveland Cavaliers take Anthony Bennett No. 1 and the best player turn out to be an unknown, lanky kid from Greece named Giannis Antetokounmpo — who went 14 picks later. The draft is routinely a crapshoot. Guaranteeing millions of dollars and putting a 19 or 20-year-old a step closer to generational wealth… Source link
Read More »Washington’s name change is official, COVID testing uncertainty and two massive DE extensions
Subscribe to The Yahoo Sports NFL Podcast After news broke over the weekend, Monday morning made official a change that has been coming for decades, the franchise in Washington is retiring their former nickname and a new name will be announced soon. Terez Paylor & Charles Robinson dedicate the first half of the podcast to this news, the team’s timeline for a new name, the place of Native American imagery in the NFL and where the Kansas City Chiefs fit into that discussion. (2:30) They also… Source link
Read More »