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Jayson Tatum made excuses instead of jump shots after Celtics loss to Cavs

The Boston Celtics weren’t expected to struggle much against the Cleveland Cavaliers in the second round of the 2024 NBA Playoffs, even after it was announced that star center Kristaps Porzingis would be out. Missed series due to calf injury. Boston looked dominant in its Game 1 win over the Cavs. The second game didn’t […]

Euro stock ETFs jump after Bank of England rate talk

Wells Fargo Advisors SVP Mark Smith is doubling down on his assertion that the Fed won’t raise interest rates this year and analyzing the gold market for “money making.” Investors flocked to exchange-traded funds (ETFs) tracking European stocks after the Bank of England made no changes at Thursday’s meeting but dangled the carrot about the […]

Reddit shares jump 14% after company’s debut earnings report

Reddit shares soared as much as 14% on Wednesday after the social media company showed unexpectedly strong revenue growth and improved profitability in its first earnings report since its market debut. The social media company surprised Wall Street late Tuesday with a forecast that it may report an adjusted profit in the second quarter. In […]

ForexLive Asia-Pacific FX news wrap: Kanda ignites USD/JPY jump – ForexLive

Japan’s Treasury Vice-Minister Kanda said he had nothing to say about U.S. Treasury Secretary Janet Yellen’s weekend comments on foreign exchange. If you missed Yellen’s comments, please refer to the Kanda link above. However, in a nutshell, she only expressed her mild support for Japanese intervention. As a result, Japan appears to be acting alone […]

Byron Nelson: Matt Wallace leans on Masters contenders to jump to early lead

Like many golf fans around the world, Matt Wallace was sitting at home watching the 2024 Masters Tournament unfold from his couch. He did not receive an invitation to Augusta National this year after missing five appearances so far this season. His best finish was a tie for 17th at the Valspar Championship. Instead of […]

U.S. Labor Costs Jump, Indicating Rising Inflationary Pressures

Labor costs for U.S. companies rose much faster than expected in the first quarter, pushing back against expectations that the U.S. Federal Reserve would cut interest rates by the end of the year, raising the prospect of sustained inflation. . The employment cost index rose 1.2% from January to March, accelerating from the 0.9% increase […]

Amazon posts 13% jump in sales, sending shares higher — but fails to deliver dividend

Amazon on Tuesday expected second-quarter revenue to be weaker than Wall Street expectations as it expects spending from cost-sensitive companies on cloud computing services to be slow. Amazon’s first-quarter sales rose 13% to $143.3 billion, above the average of $142.5 billion, according to LSEG data. Amazon shares rose as much as 6% in after-hours trading […]