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☆ Forget free cash, there's an even more American way to help people get ahead
▼ + stars: | 2024-08-10 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +11 min

Read previewGuaranteed basic income is all the rage right now. Countries including India, Argentina, and Austria have tested out small-scale guaranteed job programs. Cleveland's jobs guaranteeFor Cotten, ensuring jobs for any American who needs one is a no-brainer. While many cities are testing out basic income programs, they haven't been universal and instead targeted specific groups in need like artists, new parents, low-income families, or people experiencing homelessness. Republican lawmakers have introduced bills to ban basic income programs in their states, with some arguing that handing out checks with no strings attached would disincentivize work and raise taxes.

Persons: —, that's, what's, Tcherneva, Sen, Bernie Sanders, Ayanna Pressley, Devin Cotten, Cotten, Franklin Delano Roosevelt's, Sanders, Pressley, Andrew Yang —, Gerald Connolly, UBE, Lukas Lehner, Lehner, Maximilian Kasy, they're, Kasy Organizations: Service, Business, Bard College, American, Democrats, Republicans, Washington Post, Social Security, Universal, University of Oxford, European Commission, European Union Locations: Denver, Baltimore, India, Argentina, Austria, Cleveland, Virginia, Austrian, Marienthal, South Africa, United States, France

☆ Investors may be looking at commercial real estate risk all wrong and missing these opportunities
▼ + stars: | 2024-06-16 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +6 min

The threat from a looming wave of maturing commercial real estate loans has been well telegraphed to investors, but it's possible the metrics they are using to protect themselves from risk are flawed. Many investors have been avoiding bank stocks with high concentrations of commercial real estate (CRE) exposure. Investors have been punishing regional bank stocks, especially when the bank's commercial real estate exposure tops more than 300% of its total equity . While the latter two have some exposure to New York City real estate, both banks benefit from strong management teams, he said. (New York real estate markets are navigating both falling office values as well as the dynamics of rent-regulated multifamily properties.)

Persons: Erika Najarian, Stephens, Matt Breese, Breese, Webster, Najarian, Piper Sandler, Scott Siefers, Siefers, generalists Organizations: Owners, KBW, Regional Banking, UBS, Federal Deposit Insurance Corp, Federal Reserve, Kansas City Fed, NBT Bancorp, Webster, National Bancorp, Micron Technology, Financial Group, Citizens Locations: New York City, York, . Connecticut, New, New York, Providence, R.I

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 30-Year Fixed Mortgage RatesThe average 30-year fixed mortgage rate was 7.09% last week, according to Freddie Mac. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.38% last week, according to Freddie Mac data, which is a nine-basis-point decrease from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit. Once the Fed starts cutting rates, which is likely to happen this year, mortgage rates should fall even further.

Persons: Freddie Mac Organizations: Bureau of Labor Statistics, Federal Reserve, Federal Reserve Bank, Zillow, Fed Locations: Chevron

Average 30-year mortgage rates dropped this week and have been hovering in the upper 6% range, according to Zillow data. As inflation slows and the Federal Reserve is able to start lowering the federal funds rate, mortgage rates should go down. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Go Down (-0.18%)The average 15-year mortgage rate is 6.11%, 18 basis points lower than last week. Mortgage Refinance Rates30-Year Fixed Refinance Rates Fall (-0.28%)The average 30-year refinance rate is 6.99%, 28 basis points lower than last week.

Persons: you'll, It's, refinance Organizations: of Labor Statistics, Federal Reserve Bank, Federal Reserve, Investors, Zillow, FHA Locations: Chevron

☆ Fed's Powell emphasizes need for more evidence that inflation is easing before cutting rates
▼ + stars: | 2024-04-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California. Justin Sullivan | Getty ImagesFederal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain. "We do not expect that it will be appropriate to lower our policy rate until we have greater confidence that inflation is moving sustainably down toward 2 percent," he added. "Recent readings on both job gains and inflation have come in higher than expected," Powell said. The uncertainty about rates has caused some consternation in markets, with stocks falling sharply earlier this week as Treasury yields moved higher.

Persons: Jerome Powell, Justin Sullivan, Powell, Raphael Bostic, Mary Daly, Cleveland's Loretta Mester Organizations: Bank, Stanford Business, Government, Society, Stanford University, Getty, Federal, Market, Atlanta Fed, CNBC, San Francisco Fed, Group Locations: Stanford , California

☆ Trump says there will be 'bloodbath' if he doesn't get elected in November as he campaigns for GOP's Bernie Moreno in Ohio
▼ + stars: | 2024-03-16 | by ( ) www.cnbc.com time to read: +7 min

Republican presidential candidate former President Donald Trump gestures to the crowd at a campaign rally Saturday, March 16, 2024, in Vandalia, Ohio. Former President Donald Trump claimed that he — not President Joe Biden — will protect Social Security and warned of a "bloodbath" if he loses in November as he campaigned for Senate candidate Bernie Moreno in Ohio. Trump also dismissed recent allegations against Moreno, comparing them to attacks he has faced through the years, including his criminal indictments. "You will not be able to have Social Security with this guy in office because he's destroying the economics of our country. "I made a promise that I will always keep Social Security, Medicare.

Persons: Donald Trump, —, Joe Biden —, Bernie Moreno, Trump, Moreno, Frank LaRose, Sen, Matt Dolan, LaRose, Dolan, Mike DeWine, Rob Portman, Saturday's, isn't, I'm, Marco Rubio, Trump's, He's, Moreno's, Dan Ricci, Biden, Mitt Romney, Ohio Sen, JD Vance, Kristi Noem, Tuesday's, Sherrod Brown, Brown, Jim Renacci Organizations: Social Security, Trump, Tuesday's GOP, Gov, Buckeye Values PAC, Biden, Republican, NBC, Associated Press, Social, CNBC, Cleveland Indians, Cleveland Guardians, Ohio, South Dakota Gov, Senate Locations: Vandalia , Ohio, Ohio, Dayton, America, Washington, Tuesday's, Cleveland

CLEVELAND (AP) — The Kelce brothers showed up for their own giveaway. Cleveland-born Travis and Jason Kelce were both in attendance Tuesday night as the Cavaliers paid tribute to the NFL stars with a souvenir bobblehead depicting them in Cavs jerseys and holding basketballs. During the first timeout in the opening quarter, the Cavs presented Jason, who retired from the Philadelphia Eagles on Monday after 13 seasons, with a framed No. In typical Jason Kelce form, he wore a sleeveless T-shirt and was enjoying a beer when play resumed. Swift, who began dating Travis Kelce during this past season, had a good excuse for not being present.

Persons: Taylor Swift, Travis, Jason Kelce, Jason, Jason's, Travis Kelce, Swift, ___ Organizations: CLEVELAND, Cavaliers, NFL, Rocket Mortgage, Philadelphia Eagles, Cleveland Heights High School, Kansas City Chiefs, Pro Bowl Locations: Cleveland, Cleveland's, She's, Singapore

NEW YORK (AP) — Kawhi Leonard and Paul George of the Los Angeles Clippers were chosen as All-Star reserves Thursday, while the Minnesota Timberwolves and New York Knicks also had two players selected. Anthony Edwards and Karl-Anthony Towns of the Western Conference-leading Timberwolves will be going to the Feb. 18 game in Indianapolis. Stephen Curry is an All-Star for the 10th time, while the Lakers' Anthony Davis and Devin Booker of Phoenix rounded out the West reserves. Jalen Brunson was selected for the first time and was joined by teammate Julius Randle from the Knicks, who went 14-2 in January. They had to choose three frontcourt players, two guards and two other players, regardless of position.

Persons: — Kawhi Leonard, Paul George, Anthony Edwards, Karl, Anthony Towns, Stephen Curry, Anthony Davis, Devin Booker, Jalen Brunson, Julius Randle, Philadelphia's Tyrese Maxey, Orlando's Paolo Banchero, Cleveland's Donovan Mitchell, Boston's Jaylen Brown, Curry, of Famer Paul Arizin’s, Davis, George —, Leonard, Milwaukee’s Giannis Antetokounmpo, Damian Lillard, Philadelphia’s Joel Embiid, Boston’s Jayson Tatum, Tyrese, LeBron James, Denver’s Nikola Jokic, Kevin Durant, Shai Gilgeous, Alexander of, Luka Doncic, That's, Trae, Domantas Sabonis, De'Aaron Fox, Boston's Derrick White, Rudy Gobert, Jimmy Butler, Adam Silver, Randle, ___ Organizations: Los Angeles Clippers, Star, Minnesota Timberwolves, New York Knicks, Western Conference, Timberwolves, Lakers, Knicks, of Famer, of Famer Paul Arizin’s Warriors, NBA, Indiana, Alexander of Oklahoma City, Luka, Celtics, Wolves Locations: Indianapolis, Indiana, Tyrese Haliburton, Phoenix, Dallas, Sacramento, Minnesota, Towns

“It’s a really, really, really big deal," said Jay Ryan, a self-described “astronomy nerd” and eclipse educator. The Guardians have started their home openers in recent years with a 4:10 p.m. first pitch. The Guardians, who start on an 11-game trip, are expected to announce their decision on the opener in coming days. In 2007, their first four games in Cleveland were snowed out from April 6-9, forcing the team to play its “home” opener in Milwaukee. Maybe the eclipse could be a sign of something bigger on the way in Cleveland, which hasn't celebrated a World Series title since 1948.

Persons: Abner Doubleday, “, Jay Ryan, They’ve, José, Ryan, ”, hasn't, ” Ryan Organizations: CLEVELAND, Cleveland Guardians, Progressive, Great Lakes Science Center, NASA, NCAA, Guardians, Chicago White Sox Locations: Cleveland, Ohio, Milwaukee

LeBron James joined yet another exclusive club, and he’ll have plenty of familiar faces alongside him at the NBA All-Star Game. James is an All-Star — and an All-Star starter — for the 20th time, with the league unveiling the results of this season’s starter balloting on Thursday night. Durant is a 14-time selection now, one of only 11 players in NBA history to be picked that many times. Tatum set an All-Star Game record last season, scoring 55 points in Salt Lake City on the way to MVP honors. This year’s All-Star Game goes back to the traditional East-vs.-West format, which was utilized in the first 66 NBA midseason classics.

Persons: LeBron James, James, —, Kareem Abdul, Jabbar, Phoenix’s Kevin Durant, Denver’s Nikola Jokic, Dallas ’ Luka, Oklahoma City’s Shai Gilgeous, Alexander, Stephen Curry, Durant, Milwaukee’s Giannis Antetokounmpo, Boston’s Jayson Tatum, Philadelphia’s Joel Embiid —, Tatum, Milwaukee's Damian Lillard, “, ” Tatum, it’s, Curry, Boston's Jaylen Brown, York's Jalen Brunson, Atlanta's Trae, Cleveland's Donovan Mitchell, Miami's Bam Adebayo, Anthony Davis, Orlando's Paolo Banchero, Sacramento's De'Aaron Fox, Phoenix's Devin Booker, Kawhi Leonard, Philadelphia's Tyrese Maxey, Minnesota's Anthony Edwards, ” Haliburton, I’ve, ”, Antetokounmpo, ” Durant, Adam Silver, Gordie Howe, Hank Aaron, Willie Mays, Stan Musial, Howe, Aaron, Mays, Musial, Mickey Mantle, it’ll, SportsMediaWatch, ” Joe Dumars, ___ Organizations: NBA, Star, Western Conference, Golden State, Eastern Conference, Haliburton, TNT, Los Angeles Lakers, Los Angeles Clippers, NHL, Major League Baseball, Star Games, Kobe Bryant’s, League, TBS Locations: Indianapolis, Dallas, Dallas ’ Luka Doncic, Oklahoma, Salt Lake City, Miami, Indiana, Indy, U.S

☆ Tristan Thompson: Former NBA champion suspended without pay for 25 games after violating NBA’s drug policy
▼ + stars: | 2024-01-24 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +2 min

CNN —Cleveland Cavaliers big man Tristan Thompson has been suspended by the NBA for 25 games without pay for violating the league’s anti-drug program. “The Cleveland Cavaliers fully support the NBA/NBAPA Anti-Drug Program, and we are disappointed in the recent news surrounding Tristan Thompson,” the organization wrote. We stand behind Tristan and offer our support throughout this suspension period.”The 32-year-old Thompson has spent time with six different teams in his 13-year NBA career. Thompson – an Ontario, Canada, native – is averaging 3.8 points and 3.9 rebounds in 12.4 minutes per game for Cleveland this season. Fueled by the stellar play of All-Star guard Donovan Mitchell, Cleveland has won eight straight games and is currently fourth in the Eastern Conference.

Persons: Tristan Thompson, Thompson, ”, “, Tristan, –, LeBron James –, James, David Maxwell, Thompson –, Darius Garland, Evan Mobley, Donovan Mitchell, Cleveland Organizations: CNN — Cleveland Cavaliers, NBA, ibutamoren, Cavaliers, Milwaukee Bucks, SARM, US Food and Drug Administration, Doping Agency, The Cleveland Cavaliers, Drug, Cleveland, Golden State Warriors, Boston Celtics, Sacramento, Sacramento Kings , Indiana Pacers, Chicago Bulls, LA Lakers, Eastern Conference Locations: Sacramento Kings ,, Thompson – an Ontario, Canada, –

NEW YORK (AP) — Franz Welser-Möst is back on the Cleveland Orchestra's podium, concentrating again on music instead of his health. Political Cartoons View All 253 ImagesWelser-Möst had surgery Sept. 1 to remove a cancerous tumor from his bladder and came back to Cleveland to conduct the orchestra's season opener on Sept. 28. Both are very well now, so there’s every reason to be optimistic.”Welser-Möst has been Cleveland's music director since 2002-03 and has appointed 69 musicians, including 52 of the current 105 members. And in those days, of course, I was like: How on earth is he doing that?”Welser-Möst first conducted the Cleveland Orchestra in 1993 and became music director for the 2002-03 season. On the afternoon of his return concert on Jan. 11, he announced he will retire as music director at the end of 2026-27, his 25th season.

Persons: — Franz Welser, “, George Szell, ”, Verdi's, Möst, André Gremillet, Franz Leopold Maria Möst, Baron Andreas von Bennigsen, Herbert von Karajan, Karajan, Albert Moser, Vienna’s, “ I’d, wasn't, “ I’m, Clive Gillinson, he's, Beethoven's, Strauss, “ I’ve, Riccardo Muti, Gustavo Dudamel Organizations: Cleveland, Cleveland's Severance Music Center, Carnegie Hall, Vienna Philharmonic, Vienna State Opera, Salzburg Festival, Cleveland Orchestra’s, Berlin Philharmonic’s, Karajan, Cleveland Orchestra, Carnegie, ” Carnegie Hall, Chicago Symphony Orchestra, Los Angeles Philharmonic, New York Philharmonic, “ Locations: Austrian, Austria, New York, Naples, West Palm Beach , Florida, Cleveland, Vienna, Linz, Welser, Liechtenstein, Salzburg, Berlin, York, Weimar Republic, Weimar, Zurich, U.S

HOUSTON (AP) — From the couch to the playoffs, Joe Flacco had an incredible run with the Cleveland Browns. But his stretch of success came to a sudden end on Saturday, when the Browns lost 45-14 to the Houston Texans in a wild-card playoff matchup. “It’s definitely a shame the way it went down and hard to deal with at the moment,” Flacco said. Watson was under center for the Texans during their last playoff run in 2019 but played just six games for the Browns this season. “I love it here, (but) we’re dealing with so much going through the emotions of this game,” Flacco said.

Persons: Joe Flacco, Flacco, “ It’s, ” Flacco, C.J ., Steven Nelson, Christian Harris, Kevin Stefanski, Deshaun Watson, —, Tom Brady, couldn’t, “, I’m, ”, Watson, he's, ” Stefanski, Flacco’s Organizations: HOUSTON, Cleveland Browns, Browns, Houston Texans, Baltimore Colts, Texans, Stefanski, Super, Stroud, Baltimore Locations: C.J . Stroud, Cleveland

☆ Bill Belichick is parting ways with the New England Patriots
▼ + stars: | 2024-01-11 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Bill Belichick is stepping aside as coach of the New England Patriots. AdvertisementSix-time NFL champion Bill Belichick agreed to part ways as the coach of the New England Patriots, ending his 24-year tenure as the architect of the most decorated dynasty of the league's Super Bowl era. Patriots linebackers coach Jerod Mayo won a Super Bowl ring playing under Belichick and has interviewed for multiple head coaching vacancies since becoming a New England assistant in 2019. Related storiesThe six Super Bowl wins tie Belichick with pre-merger mentors Halas and Curly Lambeau for the most NFL championships. Meanwhile Brady won his seventh Super Bowl ring with the Tampa Bay Buccaneers that same season.

Persons: Bill Belichick, Belichick, Nick Saban, —, Robert Kraft, Kraft, of Famers Don Shula, George Halas, Tom Brady, It's, Jerod Mayo, Mayo, Mike Vrabel, Josh McDaniels, McDaniels, Brian, he'd, Saban, Belichick's, Steve, Halas, Curly Lambeau, Bill Parcells, Brady, haven't, Cam Newton, Mac Jones, Matt Patricia, Jones, Bill O'Brien, Bailey Zappe, didn't, Nick Caserio, Donald Trump Organizations: New England Patriots, Service, Gillette, of Famers, Belichick, Shula, Patriots, NFL, Super, AFC, Cleveland Browns, of Famer, Tennessee Titans, Raiders, Las, Super Bowl, New York Giants, Tampa Bay Buccaneers, U.S, Capitol Locations: Cleveland, New England, Las Vegas

☆ NBA roundup: Cavs recover, top 76ers in OT
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +4 min

The victory extended Cleveland's winning streak to four games and improved the Cavaliers to 2-1 in East Group A action in the in-season tournament. Allen logged 26 points and 13 rebounds, and Mobley had 18 points and 12 rebounds. Magic 126, Raptors 107Paolo Banchero scored 25 points and Orlando defeated visiting Toronto in an NBA in-season tournament game. Jalen Suggs added 18 points for the Magic, who have won four in a row. Omer Yurtseven scored 18 points off the bench and John Collins led the starters with 15 points for the Jazz, who fell to 2-2 in group play.

Persons: Jarrett Allen, Joel Embiid, Bill Streicher, Darius Garland, Evan Mobley, Allen, Mobley, Max Strus, Tobias Harris, Buddy Hield, Trae Young, Dejounte Murray, Kevin Durant, Devin Booker, Durant, of Famer Elvin Hayes, Jerami Grant, Deandre Ayton, Paolo Banchero, Jalen Suggs, Franz Wagner, Cole Anthony, Moritz Wagner, Gary Harris, Dennis Schroder, Pascal Siakam, Scottie Barnes, Anunoby, Jakob Poeltl, Anthony Davis, D'Angelo Russell, LeBron James, James, Omer Yurtseven, John Collins Organizations: Cleveland Cavaliers, Philadelphia 76ers, Wells, Wells Fargo Center, NBA, Cavaliers, East, Philadelphia, Cleveland, 76ers, Pacers, Hawks, Haliburton, Atlanta ., Orlando Magic, Suns, Trail Blazers, Phoenix, of Famer, Raptors, Orlando, Toronto, Magic, Lakers, Jazz, Los Angeles, Utah, Thomson Locations: Philadelphia , Pennsylvania, USA, Wells Fargo, Indiana, Atlanta . Haliburton, Atlanta, Portland, Phoenix

Detroit (8-2), Cleveland (7-3), Jacksonville (7-3) and Houston (6-4) are currently in playoff position with a chance to end their droughts. Detroit has won just one playoff game since winning the NFL championship in 1957, nearly a decade before the first Super Bowl was played following the 1966 season. DeVito's victory was particularly noteworthy, as he managed to throw three TD passes and post a 137.7 passer rating despite getting sacked nine times against Washington. Purdy is 40 for 51 for 629 yards, six TDs, no interceptions and a 157.3 passer rating the past two weeks for the highest passer rating ever in a two-start stretch. Bland tied an NFL record last week by returning his fourth interception for a touchdown this season.

Persons: Bill Belichick, C.J ., Patrick Mahomes, Mahomes ’, QBS Cleveland's Dorian Thompson, Robinson, Tommy DeVito, QBs, Arizona's Clayton, hasn't, Dave Krieg, DeVito, PURDY, Brock Purdy, Purdy, Drew Brees, Joe Montana, Josh Allen, HOUSE, DaRon Bland, Bland, Eric Allen, Jim Kearney, Hall, Hall of Famer Ken Houston, Davante Adams, DeAndre Hopkins, ___ Organizations: NFL, Lions, Detroit, Browns, Cleveland, Jaguars, AFC, Super, Texans, SECOND, Kansas City Chiefs, Kansas City, Chiefs, Super Bowl, Baltimore Ravens, Denver Broncos, Dolphins, New York Giants, Washington, PURDY San Francisco, 49ers, Miami, Dallas, Hall of Famer, Jets Locations: Arizona, Cleveland, Jacksonville, Houston, C.J . Stroud

CLEVELAND (AP) — The Cleveland Browns are signing former Super Bowl MVP quarterback Joe Flacco to their practice squad, a person familiar with the decision told The Associated Press on Sunday night. The addition of Flacco bolsters Cleveland's quarterback depth after Deshaun Watson was lost for the season with a shoulder fracture. The 38-year-old Flacco will give the Browns an established backup as well as a mentor for Thompson-Robinson, who went 24 of 43 for 165 yards and an interception against the Steelers. Political Cartoons View All 1256 ImagesFlacco, who played for the New York Jets last season, has thrown for 42,320 yards and 232 touchdowns in his career. Last season, Flacco threw four TD passes as the Jets rallied in the final minutes to stun the Browns.

Persons: Joe Flacco, Flacco, Flacco bolsters, Deshaun Watson, Dorian Thompson, Robinson's, Thompson, Robinson, Dustin, Hopkins, ___ Organizations: CLEVELAND, The Cleveland Browns, Super Bowl, Associated Press, Browns, Pittsburgh Steelers, Steelers, New York Jets, Ravens, Jets Locations: Cleveland

☆ NBA roundup: Magic's balanced attack too strong for Bucks
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +4 min

Orlando took the lead late in the first quarter and never looked back, building an advantage of as many as 21 points behind a balanced offensive attack. Jalen Suggs supplied 20 points as five Orlando scorers finished in double figures, including Moritz Wagner, who had 19 points off the bench. Moritz Wagner scored 12 points in the first half to help ignite the pivotal, second-quarter surge that gave Orlando the lead for the rest of the game. Brown was 12 of 20 from the field and scored 21 points in the second half. Boston also received 21 points, seven rebounds and three assists from Kristaps Porzingis.

Persons: Paolo Banchero, Franz Wagner, Giannis Antetokounmpo, Orlando, Antetokounmpo, Damian Lillard, Jalen Suggs, Moritz Wagner, Jonathan Isaac, LeVert, Dean Wade, Donovan Mitchell, Darius Garland, Evan Mobley, Stephen Curry, Klay Thompson, Andrew Wiggins, Looney, Jaylen Brown, Jayson Tatum, Brown, Tatum, Kristaps, Pascal Siakam, Siakam, Dennis Schroder, Jakob Poeltl, Malachi Flynn, Scottie Barnes, Bam Adebayo, Jaime Jaquez Jr, Adebayo, Jaquez, Tyler Herro, Jimmy Butler, Atlanta's Trae Young, Dejounte Murray, Bogdan Bogdanovic, Murray Organizations: Orlando, Milwaukee Bucks, Milwaukee, Bucks . Cavaliers, Warriors, Cleveland, Golden State, Cavaliers, Celtics, Raptors, Toronto, Boston, Hawks, Atlanta, Miami, San Antonio Spurs, Thomson Locations: San Francisco, Boston, Miami

☆ NFL roundup: C.J. Stroud breaks out as Texans clip Bucs
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +9 min

Stroud led a 75-yard drive in 40 seconds after Baker Mayfield put Tampa Bay ahead with a 14-yard touchdown pass to Cade Otton, the duo's second scoring hookup of the day. Stroud completed 30 of 42 passes, connecting with Noah Brown six times for 153 yards, including a 75-yard touchdown. Mayfield connected on 21 of 30 passes for 265 yards for the Buccaneers (3-5), who lost their fourth straight game. Vikings 31, Falcons 28Joshua Dobbs fired a go-ahead, 6-yard touchdown pass to Brandon Powell with 20 seconds remaining, and Minnesota beat host Atlanta. Tune completed 11 of 20 passes for 58 yards, threw two interceptions and lost a fumble on one of Cleveland's seven sacks.

Persons: C.J ., Shaquil Barrett, Troy, Stroud, Tank, . Stroud, Baker Mayfield, Cade Otton, Noah Brown, Dalton Schultz, Dell, Dare Ogunbowale, Ogunbowale, Ka'imi Fairbairn, Mayfield, Joe Burrow, Josh Allen, Stefon Diggs, Joe Mixon, Mixon, Tee Higgins, Allen, Diggs, Dalton Kincaid, Joshua Dobbs, Brandon Powell, Dobbs, Jaren, Taylor Heinicke, Mary, A.J . Brown, DeVonta Smith, Kenneth Gainwell, Dak Prescott, CeeDee Lamb, Lamb, Patrick Mahomes, Bryan Cook's, Tua Tagovailoa, Raheem Mostert, Hill, Keaton Mitchell, hadn't, Gus Edwards, Odell Beckham Jr, Justin Tucker, Seattle's Geno Smith, Jaxon Smith, Njigba, Cleveland, Clayton Tune, Tune, Jordan Love, Aaron Jones, Brett Rypien, Matthew Stafford, Rypien, Sam Howell, Howell, Chad Ryland, Washington, Jahan Dotson, Joey Slye, Paulson Adebo, Adebo's takeaways, Derek Carr, Tyson Bagent, Justin Fields, Kenny Moore, Moore, Bryce Young's, Josh Jacobs, Antonio Pierce, Josh McDaniels, York's Daniel Jones, Jones Organizations: Houston Texans, Tampa Bay Buccaneers, NRG, Tank Dell, ., Tampa Bay, Texans, Buccaneers, Bengals, Bills, Cincinnati, Buffalo, Vikings, Falcons, Atlanta, Arizona Cardinals, Eagles, Cowboys, Philadelphia, Dallas, Chiefs, Dolphins, Kansas City, NFL, Miami, Ravens, Seahawks, Baltimore, Seattle, AFC, Browns, Cardinals, Buffalo Bills, Packers, Rams, Patriots, Washington, New England, New, Saints, Bears, Chicago, Colts, Panthers, Indianapolis, Carolina, Pro Football, Raiders, Giants, Las Vegas, The Raiders, Las, ESPN, Thomson Locations: Houston , Texas, USA, C.J . Stroud, Troy Taormina, Tampa, Dell, Buffalo . Buffalo, Minnesota, Miami, Frankfurt, Germany, Arizona, Green, Los Angeles, New, Foxborough, New England, New Orleans, Charlotte, N.C, Carolina, Las, New York, Las Vegas, York

☆ NBA roundup: Despite 51 from Zach LaVine, Pistons top Bulls
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +5 min

LaVine scored 51 points as he knocked down 19 of 33 field-goal attempts and 6 of 8 free throws. Jalen Duren supplied 23 points, 15 rebounds and five assists as Detroit snapped its 15-game losing streak against the Bulls. Joel Embiid also scored 34 points to go with nine rebounds, eight assists and two blocked shots. Anthony Edwards added 19 points and seven assists and Gobert contributed 14 points and 14 rebounds. Grayson Allen scored 14 of his 17 points in the third quarter for Phoenix, which has won two of its first three games.

Persons: Cade Cunningham, Rick Osentoski, Zach LaVine, LaVine, DeMar DeRozan, Nikola Vucevic, Jalen Duren, Alec Burks, DeRozan, Tyrese Maxey, Nick Nurse's, Joel Embiid, Nurse, Scottie Barnes, Gary Trent Jr, Gradey Dick, Naz Reid, Reid, Anthony Edwards, Gobert, Jimmy Butler, Jimmy, Caleb Martin, Kevin Love, Herro, Bam Adebayo, Aaron Nesmith, Tyrese Haliburton, Myles Turner, outlasting Donovan Mitchell, Turner, Mitchell, Evan Mobley, Caris, Mobley dunked, Jordan Poole, Corey Kispert, Kyle Kuzma, Kuzma, Daniel Gafford, Desmond Bane, Brandon Ingram, Zion Williamson, RJ Barrett, Jalen Brunson, Julius Randle, Mitchell Robinson, Josh Hart, Kevin Durant, Phoenix trounce, Eric Gordon, Grayson Allen, Lauri Markkanen Organizations: Detroit Pistons, Jalen, Chicago Bulls, Little Caesars Arena, Detroit, Bulls, LaVine, Pistons, 76ers, Raptors, Philadelphia, NBA, Timberwolves, Miami, Pacers, Cavaliers, Indiana, Haliburton, Wizards, Grizzlies, Washington, The Grizzlies, Knicks, New Orleans, New York, Atlanta, Pelicans, Suns, Jazz, Phoenix, Utah, Thomson Locations: Detroit , Michigan, USA, Jalen Duren, Toronto, Minnesota, Minneapolis, Cleveland, Cleveland's, Haliburton, Memphis, Washington, New, Utah

☆ Cavaliers squeeze past Nets
▼ + stars: | 2023-10-26 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/50] Oct 25, 2023; Brooklyn, New York, USA; Cleveland Cavaliers guard Donovan Mitchell (45) warms up before a game against the Brooklyn Nets at Barclays Center. Two free throws by Mikal Bridges gave the Nets a 113-111 lead with 19 seconds left, and Cleveland used its final timeout. After Mitchell's clutch shot, Brooklyn used a timeout, but Johnson saw a well-contested four-foot tip shit fall well short of the hoop. Isaac Okoro added 18, while Garland contributed 15 as the Cavaliers shot 46.8 percent. Bridges added 20, and Johnson finished with 12 as the Nets shot 50 percent but misfired on 18 of 27 3-point tries.

Persons: Donovan Mitchell, Brad Penner, Mikal Bridges, Max Strus inbounded, Darius Garland, Garland, Mitchell, Brooklyn's Cameron Johnson, Johnson, Royce, Strus, Isaac Okoro, Cam Thomas, Bridges, Cleveland, Dennis Smith Jr, O'Neale, Thomas Organizations: Cleveland Cavaliers, Brooklyn Nets, Barclays Center, Nets, Cavaliers, Brooklyn, Thomson Locations: Brooklyn , New York, USA, Cleveland, Brooklyn, midcourt

☆ NBA roundup: Mavs spoil Victor Wembanyama's debut
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +8 min

Julius Randle had 14 points and 11 rebounds for New York, while Jalen Brunson scored 15 points but shot just 6-for-21 from the field. Fred VanVleet and Dillon Brooks scored 14 points apiece in their Houston debuts. Jalen Duren (17 points, game-high-tying 14 rebounds) and Isaiah Stewart (14 points, game-high-tying 14 rebounds) recorded double-doubles for the Pistons. Anthony Edwards led the Timberwolves with 26 points and 14 rebounds, and Rudy Gobert had 15 points and 13 rebounds. Former Celtic Marcus Smart scored 17 points in his Memphis debut, and Xavier Tillman added 17 points and 12 rebounds.

Persons: Luka Doncic, Daniel Dunn, Victor Wembanyama's, Doncic, Kristaps Porzingis, Jayson Tatum, RJ Barrett, Immanuel Quickley, Julius Randle, Jalen Brunson, Paul George, Kawhi Leonard, Ivica Zubac, Russell Westbrook, Malcolm Brogdon, Anfernee Simons, Damian Lillard, Lillard, Washington, Brandon Miller, Terry Rozier's, LaMelo, Mark Williams, Miller, Gordon Hayward, Trae Young, Jalen Johnson, Saddiq Bey, Clint Capela, Bruce Brown, Brown, Tyrese Haliburton, Kyle Kuzma, Donovan Mitchell, Max Strus inbounded, Darius Garland, Garland, Mitchell, Brooklyn's Cameron Johnson, Strus, Isaac Okoro, Cam Thomas, Johnson, Shai Gilgeous, Alexander, Josh Giddey, Jalen Williams, Isaiah Joe, DeMar DeRozan, Zach LaVine, Coby White, Nikola Vucevic, Harrison Barnes, Sabonis, De'Aaron Fox, Keegan Murray, Jordan Clarkson, Lauri Markkanen, John Collins, Cole Anthony, Gary Harris, Anthony, Harris, Fred VanVleet, Dillon Brooks, Alperen Sengun, Bam Adebayo, Cade Cunningham, Adebayo, Jimmy Butler, Cunningham, Jalen, Isaiah Stewart, Dennis Schroder, Schroder, Darko Rajakovic, Anthony Edwards, Rudy Gobert, CJ McCollum, McCollum, Zion Williamson, Brandon Ingram, Desmond Bane, Ja Morant, Celtic Marcus Smart, Xavier Tillman Organizations: Dallas Mavericks, San Antonio Spurs, Frost Bank Center, Victor Wembanyama's NBA, Celtics, Knicks, Boston, New, Clippers, Trail Blazers, Portland, Milwaukee Bucks, Hornets, Hawks, Charlotte, Atlanta, Pacers, Wizards, Indiana, Cavaliers, Nets, Cleveland, Brooklyn, Thunder, Bulls, Oklahoma City, Chicago, Jazz, Utah, Rockets, Orlando, Houston, Pistons, Miami, Raptors, Timberwolves, Toronto, Minnesota, Pelicans, Grizzlies, New Orleans, Memphis, Celtic, Thomson Locations: San Antonio , Texas, USA, France, New York, Los Angeles, Portland, Atlanta . Washington, Atlanta, Washington, Indianapolis, Brooklyn, Sacramento, Salt Lake City, Kings, Houston, Jalen Duren, Toronto

Walker will start in place of injured Browns quarterback Deshaun Watson on Sunday when Cleveland hosts the undefeated San Francisco 49ers. Watson didn't practice all week and was officially ruled out Friday by the Browns. Walker went 4-3 in seven starts over the past three seasons for the Carolina Panthers. After Watson sat out two weeks ago, the Browns were confident he'd be back on the field following their bye. Political Cartoons View All 1209 ImagesThe team has maintained Watson did not suffer any tears and that his shoulder is structurally intact.

Persons: — P.J, Walker, Deshaun Watson, Watson, Watson didn't, Dorian Thompson, Robinson, hasn't Organizations: Browns, Sunday, Cleveland, San Francisco 49ers, Baltimore Ravens, Carolina Panthers, Tennessee Locations: BEREA , Ohio

Although longer-dated U.S. Treasury yields eased from 16-year highs on Wednesday, investors remain concerned that the elevated levels may pressure equities. Worries about U.S. government spending and its ballooning budget deficit have added to uncertainty around the interest rates trajectory, contributing to a steep selloff that have caused a rout in Treasury prices and a spike in yields. The S&P 500 and the tech-heavy Nasdaq lost around 5% and 6% last month as yields spiked. Traders put the chance of interest rates remaining unchanged in November and December at 80% and 63%, respectively, according to CME's FedWatch tool. ET, Dow e-minis were down 92 points, or 0.28%, S&P 500 e-minis were down 10.5 points, or 0.24%, and Nasdaq 100 e-minis were down 27.75 points, or 0.19%.

Persons: Brendan McDermid, Janet Mui, Loretta Mester, Neel Kashkari, Richmond's Thomas Barkin, Mary Daly, Michael Barr, Kevin McCarthy, Steve Scalise, Jim Jordan, Joe Biden, VinFast, Ankika Biswas, Shashwat Chauhan, Shounak Dasgupta Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Treasury, RBC Brewin, Apple, Traders, Dow e, Federal, Democratic, Rivian, EV, Chevron, Exxon Mobil, Occidental Petroleum, Thomson Locations: New York City, U.S, Minneapolis, Bengaluru

CLEVELAND (AP) — Terry Francona says he's stepping away from baseball, ending a 23-year managerial career that began in Philadelphia, peaked with two World Series titles in Boston and concluded with an 11-season stay in Cleveland. Guardians president Chris Antonetti said Tuesday that the 64-year-old Francona would have a role with the team moving forward. Francona says: “I need to go home and get healthy and see what I miss about the game. … I don’t foresee managing again.”Cleveland finished the season 76-86 — just the club’s second losing record since Francona took over as manager in 2013. The young Guardians team was unable to overcome a slew of injuries in 2023 and defend its AL Central title.

Persons: — Terry Francona, he's, Chris Antonetti, Francona, ” Cleveland Organizations: CLEVELAND, Guardians, AL Central Locations: Philadelphia, Boston, Cleveland

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