Tag Archives: week

Looking for a way to learn Fantasy Golf without jumping in with both feet? We have a perfect solution for you. Yahoo and Yahoo Fantasy are offering a $15,000 freeroll called the PGA “Yahoo Cup.” This contest awards a winner for weekly events and one winner at the end of the season who has the most cumulative points. It will go for 39 weeks, with the lowest nine weeks of scoring being dropped from your total score. Each week also features a $150-to-first contest, making every round matter… Source link

Another likely red-hot inflation reading and a handful of key corporate earnings results are on tap for investors this week, offering further catalysts after the past several weeks’ volatility across risk assets. On the economic data front, Thursday’s Consumer Price Index (CPI) from the Bureau of Labor Statistics (BLS) is set to be the most closely watched print. Investors have been anxiously awaiting signs of a peak in inflation — and to that end, the incoming data is unlikely to offer… Source link

The national average price for gas has topped $4 a gallon for the first time in over a decade as gas costs continue to soar in the wake of Russia’s invasion of Ukraine. As of Sunday afternoon, the national average of a regular gallon of gas was $4.009, according to AAA. That’s up 8 cents from Saturday and up 40 cents from last week. The U.S. hit the $4 national average a day earlier than analysts expected. The record high for the national average is $4.11, set on July 17, 2008, according to… Source link

Initial jobless claims are expected to dip to a three-week low in the latest weekly data, as the U.S. labor market recovery presses ahead while Omicron-related disruptions retreat. The Labor Department is set to release its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here are the main metrics expected from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Feb. 26: 225,000 expected, 232,000 during prior week Continuing claims,… Source link

Investors will shift their focus from Putin to Powell in the week ahead when the Federal Reserve Chair testifies before lawmakers Wednesday and Thursday for clues in his remarks on how geopolitical risk could impact the central bank’s path forward on lifting interest rates. Traders will also tune in to the Labor Department’s February jobs report Friday for the latest snapshot on the U.S. job market recovery. Russia’s foray into Ukraine and punishing sanctions on the country and… Source link

New weekly jobless claims dipped last week, returning to a downward trend following a brief spike higher. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics expected from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Feb. 24: 232,000 vs. 235,000 expected and a revised 249,000 during prior week Continuing claims, week ended Feb. 12: 1.476 million vs. 1.580 million… Source link

The Russia-Ukraine standoff has taken over Joe Biden’s presidency, at least for now. There may be a silver lining to that, because much of Biden’s domestic agenda is falling apart. The “build back better” legislation that was supposed to be a hallmark of Biden’s first year or two now seems headed for recycling. Axios reported on Feb. 17 that Democrats in the Senate—where the bill got stuck—have given up on BBB because inflation is getting in the way. There are two prongs to that…. Source link

President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide strategy to regulate digital assets. According to an administration official familiar with the matter, the forthcoming directive will commission a study of a CBDC and ask a range of agencies – including the Departments of Treasury, State, Justice and Homeland Security – to develop… Source link

New weekly jobless claims unexpectedly rose last week, ending a three-week streak of improvements. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Feb. 12: 248,000 vs. 218,000 expected and a revised 225,000 during prior week Continuing claims, week ended Feb. 5: 1.593 million vs. 1.605 million expected, and a revised… Source link

Will we ever return to a five-day in-office work week? Charlie Munger doesn’t think so. Even as COVD-19 restrictions ease across the U.S. and employers call on workers to resume in-person workdays, the famed investor said Wednesday during The Daily Journal’s annual shareholders meeting that he does not expect white-collar employees will ever return to in-person work full-time again. “It’s amazing the percentage of people in computer science that don’t want to be in the office for a… Source link