Dow Jones Futures Fall: Inflation, Jobs Data Could Be Catalyst For Ailing Market Rally

Dow Jones Futures Fall: Inflation, Jobs Data Could Be Catalyst For Ailing Market Rally

Dow Jones futures fell early Thursday, along with S&P 500 futures and Nasdaq futures, with some important jobs and inflation data due before the market open. X The stock market rally searched for direction Wednesday. The major indexes closed narrowly mixed. But the details showed further weakness, with losers easily trumping winners. With the uptrend … Read more

Nationals are victims of bizarre appeal play, Bryan Reynolds’s hot beat

Nationals are victims of bizarre appeal play, Bryan Reynolds's hot beat

Placeholder while article actions load The Washington Nationals won the first two games of their three-game series against the Pittsburgh Pirates with an unsustainable formula — leaving runners in scoring position early, only to get clutch hits late to narrowly escape. So the hosts went for a more conventional route Wednesday at Nationals Park, pounding … Read more

Crypto exchange CoinFlex won’t lift withdrawal freeze yet, despite ‘significant progress’ in rescue token fundraising, CEO says

Crypto exchange CoinFlex won't lift withdrawal freeze yet, despite 'significant progress' in rescue token fundraising, CEO says

Crypto exchange CoinFlex, which has halted user withdrawals since June 23, will not lift the freeze on Thursday as originally planned, Mark Lamb, the company’s chief executive, told MarketWatch. The exchange has been trying to raise $47 million in stablecoin USDC USDCUSD, since Tuesday through the sale of a token called Recovery Value USD, or … Read more

Central bank chiefs call end to era of low rates and moderate inflation

Central bank chiefs call end to era of low rates and moderate inflation

The world’s top central bankers have warned that the era of low interest rates and moderate inflation has come to an end following the “massive geopolitical shock” from Russia’s invasion of Ukraine and from the coronavirus pandemic. Speaking at the European Central Bank’s annual conference, Christine Lagarde, its president, Jay Powell, chair of the Federal … Read more

Wizards of the Coast workers object to Hasbro’s abortion rights response

Wizards of the Coast workers object to Hasbro's abortion rights response

Some employees at Dungeons & Dragons and Magic the Gathering publisher Wizards of the Coast say they’re frustrated with owner Hasbro’s response to Friday’s Supreme Court decision that overturned Roe v. Wade, calling it “lackluster” and asking the company to reconsider its stance. Multiple gaming companies have expressed support for the right to choose, some … Read more

Novak Djokovic into Wimbledon third round after scintillating performance

Novak Djokovic into Wimbledon third round after scintillating performance

The Serb, aiming for a fourth straight Wimbledon crown, barely had to break a sweat on Center Court as he dominated his Australian opponent throughout, further cementing his position as favorite for the men’s singles title this year. The victory made it 23 wins in a row at Wimbledon for Djokovic — a run that … Read more

World stocks in red as consumers signal recession ahead

World stocks in red as consumers signal recession ahead

LONDON/TOKYO, June 29 (Reuters) – Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession. A succession of weak data releases in Europe and the United States has not prevented central bankers from doubling … Read more

Jalen Brunson expected to leave Mavericks, signing with Knicks seen as ‘certainty’

Jalen Brunson expected to leave Mavericks, signing with Knicks seen as 'certainty'

The Dallas Mavericks have been anticipating Jalen Brunson’s likely departure for weeks, multiple league sources tell The Athleticand it’s now seen as a certainty that the 25-year-old guard will sign with the New York Knicks when free agency opens on Thursday. While the team entered the offseason believing Brunson preferred a return to Dallas, it’s … Read more

Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

SEOUL, June 29 (Reuters) – The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a … Read more