Jalen Brunson’s $113 million Knicks’ pay cut puts a price on happiness
Jalen Brunson is New York Knicks Build the best team possible. Brunson and the Knicks agreed to a four-year, $156 million contract extension on Friday. According to ESPN’s Adrian Wojnarowski,Brunson could have signed an extension through next year for another $113 million if he wanted to. The point guard would have been eligible to sign […]
Phillies cut three-time All-Star Whit Merrifield in $8M failure
This is not what the Phillies envisioned when they signed Whit Merrifield to a one-year, $8 million contract during the offseason. But the three-time All-Star has struggled so much that the MLB-powerhouse Phillies had no choice but to release him on Friday, recalling utility pitcher Weston Wilson from Triple-A instead. The 35-year-old Merrifield was an […]
UFC fighter Tracy Cortez has to cut off hair to make weight
Fighters’ weight loss methods include saunas, fasting, exercise and apparently even cutting their hair. Ahead of UFC Fight Night in Denver on Saturday, women’s flyweight competitor Tracy Cortez has chopped off a significant amount of her hair in order to make the 126-pound limit. Cortez reportedly clocked in at 127 and 126.5 pounds at her […]
Abdul Razak Alhassan: I’d cut off my leg to go to America
Ghanaian UFC fighter Abdul Razak Alhassan has defended fellow African fighters who have been criticized for leaving the continent to succeed, likening his own desire to succeed to being willing to amputate a limb for a chance to get to America. Alhassan was taking part in a UFC pre-event press conference when a reporter asked […]
Hollywood Has Already Ruined ‘Gladiator’ Sequel With One Of The Worst Trailers Ever Cut
The first trailer for the long-awaited “Gladiator 2” just dropped, and sadly, it looks like the film’s going exactly where you’d expect. A couple of things to note from the trailer: there seems to be an excessive emphasis on visual effects. Sure, rhino-riding and colosseum sea battles look cool, but if director Ridley Scott is […]
Police Arrest Two Suspects Who Allegedly Cut Off Victim’s Thumb To Access Mobile Payment App
Authorities in Washington, D.C., arrested two suspects who allegedly cut off a man’s thumb after stabbing and slashing him to death to access his mobile payment app in April, according to court documents. The two women are accused of killing Fasil Teklemariam, 53, in his apartment on or around April 1, 2024, according to the […]
Gold prices steady above $2,400 as soft CPI data fuels rate cut bets – Investing.com
Investing.com — Gold prices were slightly lower in Asian markets on Friday but were still up sharply from the previous day’s trading after weaker-than-expected U.S. inflation data strengthened expectations of a rate cut in September. Gold prices benefited from a sharp drop in the dollar on Thursday, breaking through the closely watched $2,400 an ounce […]
Asian stocks sink as tech profit-taking overshadows rate cut cheer – Investing.com
Investing.com — Most Asian stocks fell on Friday, with tech-heavy indexes dropping sharply as profit-taking hurt technology shares despite a weak U.S. inflation reading that boosted optimism for interest rate cuts. Regional stocks largely tracked Wall Street’s overnight decline, falling nearly 2 percent as profit-taking hit big technology stocks, especially chipmakers and artificial intelligence stocks. […]
A September Rate Cut Would Trigger Political Vengeance
When inflation falls, markets soar As someone once said, if the Fed has a reactive function, The market has an overreaction function. Evidence of this was apparent on Thursday when the Bureau of Labor Statistics released its June Consumer Price Index (CPI), which showed it had fallen for the first time since May 2020. Consumer […]
PepsiCo revenue disappoints as inflation-battered customers cut back
PepsiCo Inc.’s second-quarter profit soared but sales fell short of Wall Street expectations as cash-strapped customers cut spending on snacks amid rising inflation. The junk-food conglomerate, which owns brands including Pepsi, Frito-Lay, Quaker and Gatorade, also lowered its forecast for fiscal 2024, predicting organic revenue growth of 4%. While that figure technically meets PepsiCo’s original […]