Tag Archives: week

Tampa Bay Buccaneers quarterback Tom Brady will take some time away from the team to deal with a personal matter. Brady is expected to miss all of next week, and will return to the Bucs at some point following the team’s Aug. 20 preseason game, per Ian Rapoport of the NFL Network Buccaneers coach Todd Bowles said he discussed the absence with Brady prior to the start of training camp. Bowles said Brady wanted to get in early reps with the team, but would eventually step away for a bit during… Source link

With NFL teams increasingly opting against playing their starters significant time in the preseason, Yahoo Sports will do our best to keep you updated with which big names you’ll actually be able to watch each week. Patrick Mahomes, Chiefs starters will play one quarter, Bears will get 15-20 plays The Kansas City Chiefs’ starters will play the entire first quarter against the Chicago Bears on Saturday. Patrick Mahomes and the new-look Chiefs offense, which no longer features Tyreek Hill, will… Source link

Lawmakers are racing toward the August recess, as President Biden prepares to sign a bill Tuesday that invests nearly $52 billion into the semiconductor chip manufacturing sector. Meanwhile, the House is expected to vote this week on a roughly $430 billion spending package aimed to improve health care, address climate change, and make corporations pay their fair share of taxes. The Senate approved the measure over the weekend. We’re also slated to see new inflation data on Wednesday, as U.S…. Source link

U.S. stocks opened higher Monday as investors approached the final stretch of earnings season and braced for a busy week of inflation data. The S&P 500 climbed 0.5% after the benchmark index logged three straight weeks of gains despite modest losses on Friday. The Dow Jones Industrial Average added 180 points, or 0.6%, and the tech-heavy Nasdaq Composite advanced 0.3%. The moves come after stocks finished mixed in Friday’s session after a blowout employment report showed the U.S. economy added… Source link

A series of inflation reports due out this week could propel or break the market’s summer momentum. Investors will get the latest gauge of how quickly prices are rising across the U.S. economy from three releases on tap in the coming days: PPI, CPI, and unit labor costs. The readings are expected to influence how Federal Reserve officials proceed with the rate hiking cycle and will be closely monitored after Friday’s monster employment report suggested more aggressive increases may be… Source link

Oracle’s cofounder Larry Ellison.Justin Sullivan/Getty Images The database giant Oracle has started laying off some US employees, sources told Insider. It may cut thousands of jobs globally, according to news reports. Workers in Canada, India, and Europe may be next. The database giant Oracle began laying off more of its US workforce on Monday, employees have confirmed to Insider. The company may cut thousands of workers globally — including in the US, Canada, India, and Europe — to reduce… Source link

U.S. stocks finished uninspiring session mixed on Monday as investors kick off the busiest week of the year for corporate earnings and economic data. When the closing bell rang, the S&P 500 was up 0.1%, the Dow gained 0.3%, and the tech-heavy Nasdaq was the laggard, falling some 0.4%. Last week, all three major indexes logged weekly advances with the S&P 500’s advance since mid-June lows coming in at about 8%. The Nasdaq has gained over 10% during this period. In the coming days, quarterly… Source link

The busiest week of the year for investors is here. A jam-packed week of market-moving developments awaits traders in the coming days, headlined by the Fed, tech earnings, and key economic data. The Federal Reserve’s latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points. On the earnings side, some of the S&P 500’s most heavily-weighted components — including Microsoft (MSFT),… Source link

The stakes are high on Wall Street this week as quarterly earnings seasons heats up with key results expected from companies including Netflix (NFLX), Tesla (TSLA), and Twitter (TWTR). Investors reeling from Wednesday’s CPI data may be dealt another blow if corporate financials show meaningful profit slowdowns, with higher costs, rising interest rates, and a potential slowdown in consumer spending all themes to watch. S&P 500 companies are expected to grow earnings at an estimated annual… Source link

Mortgage rates pulled back this week, a well-needed pause for price-stricken homebuyers. The rate on the 30-year fixed mortgage retreated to 5.70% this week — down from 5.81% the week prior, according to Freddie Mac. Still, rates recently tracked up a whopping 72 basis points within a three-week period, remaining nearly two-and-a-half percent points higher than at the start of the year. The rapid surge in borrowing costs rattled first-time buyers who are seeing their affordability decline… Source link