NEW YORK — In the build-up to Wimbledon, Taylor Fritz said men’s tennis feels more open now, compared with the Big Three era.“It took just one of them to be playing incredibly well,” he said of Novak Djokovic, Rafael Nadal and Roger Federer.“We were younger and not as good as we are now. You were hoping that they’d have an off day and you’d have an on day,” Fritz said. “Nowadays, anyone in the top 15, it’s kind of whoever plays better.“It’s exciting for all of us because we know that all it takes is two weeks or 10 days…
Author: usaeverydaylife
Despite an anticipated Federal Reserve rate cut coming next week, Americans are continuing their love affair with cash. Yet, experts warn they should make some moves if they want to lock in attractive yields. Assets in money market funds hit $6.3 trillion the week ended Wednesday, another record high, according to the Investment Company Institute . The funds have attracted inflows thanks to their attractive payouts. The annualized 7-day yield on the Crane 100 list of the 100 largest taxable money funds is currently 5.08%. Bank of America is predicting those inflows will continue, even after the Federal Reserve starts…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market rebound: Stocks were rebounding to start the week, recovering some of Friday’s steep losses. It looked like some dip buying after last week’s brutal start to September, a historically tough month for stocks. All S & P 500 sectors on Monday were trading firmly in positive territory. Cyclical stocks were outperforming — with financials, industrials, and consumer discretionary leading the way. Communication services was at the bottom of the list…
EAST RUTHERFORD, N.J. — Minnesota Vikings linebacker Andrew Van Ginkel not only resolutely put any New York Giants comeback hopes to rest when he intercepted quarterback Daniel Jones in Sunday’s season opener, he provided a blunt reminder that the Giants have far more questions than answers at the quarterback position.Just one brutal game into a brand new season that was supposed to be filled with hope, those questions feel painfully familiar: Can the Giants win, routinely, with Jones under center? Will he ever rein in his mistakes with the ball or learn how to limit negative plays? Can the Giants…
There’s a software stock bucking the tech sell-off that reports earnings this week. I’ll break down various option trade scenarios into the earnings, focusing on one that will benefit from a big move in any direction. Adobe (ADBE) , which reports Thursday, is a global leader in digital media, marketing, and document management solutions. Its core business is centered around creative software, such as Photoshop, Illustrator, and Premiere Pro, used by professionals across industries for graphic design, video editing, and content creation. Adobe’s Creative Cloud subscription model generates recurring revenue and maintains a solid customer base, from freelancers to large…
Utilities — not tech — are now the hottest trade on Wall Street, according to Bank of America. Savita Subramanian, equity and quant strategist at Bank of America, on Monday upgraded the sector to overweight from market weight, saying investors should buy utilities — instead of tech — as they can outperform in a choppy market as the Federal Reserve starts to lower interest rates. “On the heels of softer employment data, our economists’ revised outlook has terminal rates slated to reach 3.25% by 2025 – the dividend yield of most Utes and [real estate] companies are more attractive given…
Jaque Silva | SOPA Images | Lightrocket | Getty ImagesShares of Trump Media by climbed more than 7% Monday, a respite from the stock’s two-months-long losing streak ahead of the date when its majority shareholder, former President Donald Trump, can begin selling his shares.Shortly before 1 p.m. ET, shares of Trump Media were trading at $18.39, up 7.59% from where they opened Monday morning.Before Monday’s surge, the stock had dropped nearly 45% since its most recent high, which came in mid-July after the attempted assassination of Trump at a campaign rally in Pennsylvania.Trump Media, which trades under the ticker “DJT,”…
Catherine, Princess of Wales during the trophy ceremony for the Mens Singles Final at The Wimbledon Lawn Tennis Championship at the All England Lawn and Tennis Club at Wimbledon on July 14th, 2024 in London, England.Simon M Bruty | Getty Images Sport | Getty ImagesLONDON — Kate, the Princess of Wales, announced Monday that she has completed her chemotherapy treatment and will undertake a light schedule of engagements until the end of the year.”Doing what I can to stay cancer free is now my focus,” she said in a video message, some six months after revealing she had an unspecified…
The Paralympics in Paris brought us powerful, important and surprising stories.The Athletic’s Charlotte Harpur was there and now she brings you her most memorable moments and takeaways from the Games, while also looking forward to the Los Angeles Games in 2028.Best moment: France vs Argentina, blind football finalThe shouts of “Allez Les Bleus” could be heard outside the stadium at the foot of the Eiffel Tower. There was not an empty seat. And yet every temptation to cheer, every “Oooh” and “Ahhh” as the players shot or clattered into one another were punctuated with whispers of “Shhhhhh”.The crowd must stay…
Check out the companies making headlines in midday trading: Palantir Technologies , Dell Technologies — Palantir and Dell jumped 13% and nearly 5%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is set to take American Airlines’ spot, while Dell is going to replace Etsy. Summit Therapeutics — The biotech stock surged about 65% after the company announced that its lung cancer drug candidate outperformed Merck’s Keytruda in phase three clinical trial. Merck shares dipped 1.5% following the news. JetBlue Airways — The…
