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Talk of recession is dying down in corporate America
  + stars: | 2024-03-17 | by ( Alex Harring | ) www.cnbc.com   time to read: +7 min
Ever since the Federal Rserve began raising interest rates in early 2022, corporations and investors have braced for how a recession might play out. The word recession came up on the fourth-quarter earnings calls of 47 companies in the S & P 500, according to market data platform FactSet. Almost half of the more than two dozen finance chiefs surveyed by CNBC said they expect the Federal Reserve to control inflation without a recession, a scenario known as a soft landing. Looking ahead to 2024, CFO Emma Giamartino said the Dallas-based company's full-year guidance is "contingent" on the Fed cutting short-term interest rates and the economy skirting a recession. "All indications are now that we're going to have more of a soft landing than a recession."
Persons: John Wall, Emma Giamartino, Giamartino, Richard Galanti, Galanti, Joseph Margolis, it's, Margolis, J, Thomas Hill, Marvin Ellison, Ellison Organizations: Federal, U.S, Cadence Design Systems, CNBC, Federal Reserve, Costco, Kirkland Signature, Hotels, Vulcan Locations: Dallas, Salt Lake City, North Carolina
Scoot Henderson is projected to be one of the top draft picks in the 2023 NBA Draft. So, you know, I'm just blessed that I came here and made the right decision. So I knew it was gonna be pretty tough, and I knew I was gonna really develop from it at a high level. And, uh, like I said, like I'm gonna keep saying, I'm blessed that I came here. And Puma, they gave me that confidence that I needed in a group, and in a brand like Puma, man.
NBA roundup: Grizzlies edge Cavs for 11th straight win
  + stars: | 2023-01-19 | by ( ) www.reuters.com   time to read: +6 min
Jaden McDaniels put up 18 points for the Timberwolves, who lost their second game in a row. Kevin Huerter scored 18 points for the Kings, who went down by 14 points in the first quarter before pushing ahead by halftime. Andrew Nembhard produced 18 points and seven assists for the Pacers, who have dropped five consecutive games. Murray was 12-for-18 from the field and added seven rebounds and four assists. Jalen Green matched his career high with 41 points and added seven assists for the Rockets, who lost their 12th game in a row.
NBA roundup: Hornets come out firing, blow out Bucks
  + stars: | 2023-01-07 | by ( ) www.reuters.com   time to read: +7 min
Tyrese Maxey led the Sixers with 26 points and Tobias Harris had 22 points and 11 rebounds. Romeo Langford added 15 points for San Antonio, with Malaki Branham hitting for 14 and Jeremy Sochan 10. Daniel Gafford had 15 points and nine rebounds, and Kristaps Porzingas added 14 points and 10 rebounds. John Wall had 14 points and eight assists, and Moses Brown produced 14 points and 11 rebounds. Bam Adebayo recorded 21 points and 11 rebounds and Jimmy Butler added 20 points and six assists for the Heat.
NBA roundup: Nets sink Cavs for 9th straight win
  + stars: | 2022-12-27 | by ( ) www.reuters.com   time to read: +5 min
While Garland made 14 of 20 shots and finished with his fourth 40-point game of his career, Donovan Mitchell was held to 15 points. Kevin Durant scored 32 points but fouled out for the sixth time in his career when he bumped Garland with 1:54 remaining. Isaiah Stewart had 21 points, Killian Hayes tossed in 18 with 10 assists and Jalen Duren added 15 points and 12 rebounds. Bennedict Mathurin put up 15 points and Myles Turner scored 14 to lead the Pacers, who finished a 2-1 road trip. Lauri Markkanen led the Jazz with 32 points and 12 rebounds.
CNN —Luka Doncić scored 35 points, including a clutch three-pointer with less than 30 seconds remaining, to give the Dallas Mavericks a 103-101 win over the LA Clippers despite blowing a 25-point lead. “Luka Magic” also had 11 rebounds, five assists and three steals, making every one of his 11 free throws along the way. Up against an injury-hit Clippers team – including Kawhi Leonard who is managing a knock to his knee – the Mavericks took a 15 point first-quarter lead. Mavs fans will be relieved as they narrowly avoided losing their second game of the season after leading by 22 or more. “We’re giving up a lot of big leads, just like we drew it up,” Mavericks coach Jason Kidd said after the game.
NBA roundup: Short-handed Warriors cap 0-5 trip
  + stars: | 2022-11-05 | by ( ) www.reuters.com   time to read: +9 min
Jusuf Nurkic recorded 14 points and eight rebounds, and Justise Winslow had 12 points, nine rebounds and nine assists. Nic Claxton recorded 18 points and nine rebounds while Cam Thomas contributed 17 points and six assists off the bench. Anthony Edwards led Minnesota with 24 points, while Karl-Anthony Towns had 22 points, 11 rebounds and five assists. RJ Barrett finished with 22 points and nine rebounds while Cam Reddish added 11 points off the bench. Kelly Oubre Jr. led the Hornets with 17 points, while James Bouknight had a season-high 14 points.
CJ McCollum had 28 points and 12 assists to lead the Pelicans, who overcame a 17-point fourth-quarter deficit to force the extra period despite losing Brandon Ingram and Zion Williamson to injury. James had 31 points, eight rebounds and eight assists, Anthony Davis had 22 points and 10 rebounds and Lonnie Walker IV scored 15 points for the Lakers. Rudy Gobert added 15 points and 15 rebounds for Minnesota, while Karl-Anthony Towns also scored 15. Jeremiah Robinson-Earl added 15 points. Curry had six 3-pointers to account for a majority of his 28 points in the first two periods, contributing to the 89 first-half points, which were the fifth-most in NBA history.
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