Tag Archives: worst

During the pandemic, Aaron Mulherin would travel as far as 150 miles from his home in Marion, Iowa, to do jobs for his glass installation company. But with a gallon of gas in Iowa now going for $4.73, compared to $2.88 a year ago, he has had to shrink that radius to around 60 miles. “We have been trying to be careful with a lot of things,” Mulherin, owner of AM Glass Repair, tells Fortune. High gas prices are far from the only pain point Mulherin’s small business is feeling amid… Source link

Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers during the pandemic. Amazon tumbled 23.8% in April, its biggest decline since falling 25.4% in November 2008, the same month… Source link

AUGUSTA, Ga. — Thursday morning, Tiger Woods defied belief. Saturday afternoon, reality caught up with him. Roughly 50 hours after he strode to the first tee at Augusta National riding a wave of cheers from a mass of patrons thousands strong, Woods played like what he is: a man still recovering from a catastrophic car wreck, a man with enough metal in his body to set off TSA sensors, a man who’s held together with duct tape and willpower. Woods shot 78 on the day, his worst performance… Source link

A man in a keffiyeh smirks at something off-camera. Electronic Gaming Development Company (EGDC), a subsidiary of a foundation run by Saudi crown prince Mohammed bin Salman, now owns 96.18% of Japanese developer SNK following a massive investment. According to an announcement sent to SNK investors in February, EGDC recently acquired a majority of SNK’s shares on the South Korea stock exchange, where the King of Fighters and Samurai Shodown studio has been publicly traded since 2019. Read… Source link

(Bloomberg) — Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation. Most Read from Bloomberg The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt total returns, has fallen 11% from a high in January 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the financial crisis in… Source link

(Bloomberg) — The U.S. bond market reeled further on Tuesday, extending Monday’s declines after Federal Reserve Chair Jerome Powell’s aggressive rate hike comments drove yields on short-dated Treasuries to one of their biggest daily jumps of the past decade. Most Read from Bloomberg The central bank chief’s hawkish tone led traders to rapidly ratchet up estimates for how aggressively the Fed will tighten monetary policy this year as rising commodity prices threaten to add fuel to the… Source link

Oil backed off its session highs after President Biden indicated petroleum reserves could be tapped as needed and sanctions from Western countries avoided targeting Russian supplies . Sanctions from world leaders were closely monitored by analysts after Russia invaded Ukraine, sending oil surging on Thursday morning. “Oil and gas supplies from Russia as of now have not been affected at all,” Vanda Hari, founder of Vanda Insights, told Yahoo Finance Live this morning. “Will Russian oil and gas… Source link

Stock futures opened lower on Thursday after a sell-off during the regular trading day, with geopolitical concerns ramping further to trigger a risk-off move in markets. Contracts on the S&P 500 fell. The index dropped more than 2% earlier, while the Dow dropped 1.8% for its worst day since November. Technology and growth stocks renewed declines, and the Nasdaq Composite dropped 2.9%. The CBOE Volatility Index (VIX), or “fear gauge,” spiked more than 15% to top 28. Another apparent reversal in… Source link

Super Bowl Sunday! It’s here at last, the national holiday when we’re forced to sit through football in order to watch so many beloved ads. For the tenth straight year, Yahoo Sports is grading the Big Game’s commercials. Liz Roscher (@lizroscher) is here to escort you through the dizzying array of celebrity cameos, awkward jokes and heartstring-tugs of this year’s contingent of ads, updating live as they air. Grade A Toyota, “Winter Olympics 2022: Brothers” Toyota’s Super Bowl… Source link

Contracts on Wall Street’s main indexes edged lower in pre-market trading Tuesday after stocks bounced back from a losing streak in the previous session to cap the last day of a historically volatile January in the green. Futures tied to the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite fell in overnight trading after the S&P 500 recorded its roughest monthly performance since March 2020 in Monday’s session. Meanwhile, the Nasdaq Composite narrowly avoided its worst-performing… Source link