Inside the Union Mess That Threatens the NFL
Howell, the former chief financial officer of Booz Allen, seemed to think like NFL owners—in terms of bottom lines.
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BoC stands pat on interest rates, flags economic slack and tariff risks
-- The Bank of Canada kept its benchmark interest rate unchanged at 2.75% on Wednesday, with Governor Tiff Macklem highlighting persistent uncertainty around U.S. trade policy and signs of underlying inflation pressure. Speaking in Ottawa, Macklem said the central bank remains cautious as it navigates a fragile economic landscape shaped by tariffs, volatile global growth, and evolving inflation dynamics. 'Today, Governing Council held the policy interest rate at 2.75%,' Macklem said. 'This decision reflects three main considerations: uncertainty about US tariffs on Canada, resilience in Canada's economy, and underlying inflation pressures.' The bank and deposit rates also remained unchanged, sitting at 3% and 2.70%, respectively. The central bank opted once again not to present a conventional Monetary Policy Report forecast, instead offering scenario-based guidance to reflect a murky policy environment marked by tariff negotiations between Washington and its trading partners. The three scenarios include a baseline assuming existing tariffs remain in place, along with alternatives where trade barriers either escalate or recede. Though U.S. tariffs have so far had a smaller impact than initially feared, the Bank warned of heightened risks that continue to weigh on sentiment and forward-looking investment. 'Growth in spending by Canadian businesses and households is being restrained by uncertainty,' Macklem noted, with data suggesting 'excess supply in the economy has increased since January.' Canada's economy showed strength early in the year as businesses accelerated exports before tariffs took effect, but output is now correcting. The central bank expects modest GDP growth of 1% in the second half of 2025, assuming trade flows stabilize and households begin to spend more steadily. Inflation remains near the Bank's 2% target, but with signs that core price pressures persist. 'A range of indicators suggest underlying inflation has increased… to around 2½% more recently,' Macklem said, pointing to elevated goods inflation and lingering pressure from shelter costs, even as expectations among businesses ease somewhat. Macklem emphasized that the Bank is ready to adjust course if disinflationary pressures outweigh upward cost drivers. 'If a weakening economy puts further downward pressure on inflation and the upward price pressures from the trade disruptions are contained, there may be a need for a reduction in the policy interest rate,' he said. For now, policymakers say they are proceeding cautiously as they monitor how tariffs evolve and how those changes ripple through employment, investment and household behavior. 'We are focused on ensuring that Canadians continue to have confidence in price stability through this period of global upheaval,' Macklem concluded. Related articles BoC stands pat on interest rates, flags economic slack and tariff risks Victoria's Secret Exposed: The Warning Sign Behind the Stock's 52% Collapse Risks Rising? Smart Money Dodged 46%+ Drawdowns on These High-Flying Names Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Nvidia (NVDA) Ignites Rally Ahead of Microsoft and Meta Earnings
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MLB trade deadline: Reliever swaps teams mid-doubleheader
Yahoo Sports AM is our daily newsletter that keeps you up to date on all things sports. Sign up here to get it every weekday morning. 🚨 Headlines 🏈 Gunman targeted NFL: The gunman who killed four people in Manhattan on Monday was targeting the NFL's headquarters, which the league has now temporarily closed. Police reportedly found a note on the gunman's body that claimed he had CTE and wanted his brain studied. ⚾️ Injuries galore: All-Stars Byron Buxton, Ronald Acuña Jr. and Jacob Wilson all landed on the injured list yesterday. Star outfielders Juan Soto and Jackson Chourio both got pulled from their games with injuries, too. ⚽️ Müller to Vancouver: German legend Thomas Müller is joining the Vancouver Whitecaps after spending the last 25 years with Bayern Munich, where the 35-year-old won a Bundesliga-record 13 titles and scored 227 goals. 🍿 Sequel scores big: "Happy Gilmore 2" generated 46.7 million views in three days, making it the biggest U.S. opening weekend ever for a Netflix film. 🏈 Hendrickson ends holdout: Four-time Pro Bowl edge rusher Trey Hendrickson will report to Bengals camp today despite still seeking a long-term deal. And with that, the NFL's final holdout has come to an end. ⚾️ Trading places: Reliever swaps teams mid-matchup Seranthony Domínguez woke up on Tuesday as an Oriole and suited up for their day game against the Blue Jays. He went to bed as a Blue Jay, having just pitched against… the Orioles. Talk about a whirlwind. Trading places: Domínguez was in the bullpen for Baltimore's 16-4 win in the opener … swapped clubhouses after getting traded … then pitched an inning of relief for the Blue Jays in the nightcap, striking out two players he'd called teammates hours earlier in a 3-2 Toronto loss. "After the first game, I was sitting there hanging out with the guys when they told me, 'Hey [you got] traded, go to the next dugout,'" said the veteran reliever. Domínguez had an upside down "8" on his uniform because of how quickly they had to get him his Blue Jays gear. I'm willing to cut the equipment manager some slack. What are the odds? Juaron Watts-Brown, the returning prospect in the trade, also switched clubhouses on Tuesday. Coincidentally, his former team, the New Hampshire Fisher Cats (Blue Jays Double-A), were playing his new team, the Chesapeake Baysox (Orioles Double-A). Trade deadline tracker: Latest news and updates (Yahoo Sports) Related baseball history: On May 30, 1922, the Cardinals and Cubs swapped outfielders in the middle of a doubleheader 🥇 Ledecky's reign continues Katie Ledecky continued her reign as the queen of the 1500m freestyle on Tuesday in Singapore, winning gold with the fifth-fastest time ever (15:26.44) for a historic 28th world championship medal. Chasing Phelps: Those 28 medals (22 gold, 5 silver, 1 bronze) broke a tie with fellow American Ryan Lochte for the second-most by any swimmer. Only Michael Phelps, with 33, has more. Queen of the 1500: Six of those medals have come in the 1500, a race Ledecky hasn't lost since she was in junior high school 15 years ago. She's held the world record since 2013 and owns the 11 fastest times ever — though that number was much higher before Tuesday. Italy's Simona Quadarella swam the race of her life to earn silver, finishing "just" five seconds behind Ledecky at 15:31.79, the 12th-fastest time ever. Before Tuesday's final, Ledecky owned the 24 fastest times ever. Now, she'll have to settle for 25 of the 26 fastest. Coming up: Ledecky, 28, has two more events this week, beginning with tomorrow's 4x200 free relay. Then it's the main event — perhaps of the entire world championships — when she squares off against 18-year-old Canadian phenom Summer McIntosh in the 800m free. ⚾️ Raleigh eyes rare catcher MVP Cal Raleigh's dream season has leveled up yet again, as the Mariners' catcher moved ahead of an injured Aaron Judge this week as the AL MVP favorite. Head-to-head: Seattle's catcher and New York's captain are head-and-shoulders above the rest of the league, leading or ranking second in just about every major statistical category. Raleigh: 41 HR (leads MLB), 87 RBI (leads MLB), 71 R (2nd in AL), 64 BB (3rd in AL), 12 SB (leads catchers), .260/.368/.613 (.981 OPS is 2nd in AL) and 5.2 WAR (3rd in AL). Judge: 37 HR (2nd in AL), 85 RBI (2nd in AL), 90 R (leads AL), 73 BB (leads AL), .342/.449/.711 (1.160 OPS leads MLB) and 6.7 WAR (leads MLB). Wild stat: "Big Dumper" is on pace for 62 long balls, which wouldn't merely shatter the record for a catcher (48 by Salvador Perez) — it would also tie Judge's AL record set back in 2022. Exclusive club: If Raleigh's sensational season does indeed end with an MVP, it will be an exceedingly rare victory: 12 catchers have combined to win just 18 of the 210 MVP awards ever handed out,* per Yogi Berra (1951, 1954, 1955) Roy Campanella (1951, 1953, 1955) Johnny Bench (1970, 1972) Mickey Cochrane (1928, 1934) Bob O'Farrell, Cardinals (1926) Gabby Hartnett, Cubs (1935) Ernie Lombardi, Reds (1938) Elston Howard, Yankees (1963) Thurman Munson (1976) Iván "Pudge" Rodríguez (1999) Joe Mauer (2009) Buster Posey (2012) *The first modern MVP was awarded by the Baseball Writers' Association of America in 1931, but tally also includes earlier versions of the award. 📊 By the numbers 🎾 16 teams The USTA confirmed 14 of the 16 teams that will compete in the U.S. Open's new-look mixed doubles tournament, which will take place during qualifying week (Aug. 19-20) and feature a $1 million prize. The teams include 14 players ranked in the top 10 (eight men, six women), as well as seven-time Grand Slam champion Venus Williams. ⛳️ 5 golfers Two-time Open Championship winner Pádraig Harrington won the Senior Open on Sunday in England, making him the fifth golfer to win both editions of the Open. The other four: Gary Player, Tom Watson, Darren Clarke and Bob Charles. ⚾️ 17 straight seasons Andrew McCutchen is the 11th player in MLB history to start a career with at least 17 consecutive 10-HR seasons, joining Hank Aaron (23 straight), Eddie Murray (20), Carl Yastrzemski (20), Barry Bonds (19), Albert Pujols (19), Frank Robinson (19), Harold Baines (18), Mickey Mantle (18), Jeff Kent (17) and Willie McCovey (17). 📺 Watchlist: Wednesday, July 30 🏀 Liberty at Lynx | 8pm ET, ESPN Two of the top three teams in our latest power rankings meet in a rematch of last year's WNBA Finals, where New York prevailed. The defending champs, who've dropped two straight and just lost Breanna Stewart to a leg injury, could really use a win. More to watch: ⚾️ MLB: Rays at Yankees (7pm, Prime) … Zack Littell (8-8, 3.72 ERA) vs. Will Warren (6-5, 4.82 ERA). ⚽️ Leagues Cup: Inter Miami vs. Atlas (7:30pm, Apple) … Opening game for Lionel Messi's squad. Today's full slate → 🏀 NBA trivia Hall of Famer Tracy McGrady is joining NBC as a studio analyst for the upcoming NBA season. Question: Can you name the seven teams McGrady played for during his NBA career? Hint: Five East, two West. Answer at the bottom. ⛳️ Unique, but effective! Philippe Gariépy shot a 1-under 71 on Monday at the PGA Championship of Canada while using an 18-inch putter, the shortest legal length allowed in golf. My man looks absolutely ridiculous and my back hurts just watching him. That said, my putting game is in shambles at the moment so I may have to try this. Trivia answer: Rockets (6 seasons), Magic (4), Raptors (3), Knicks (1), Pistons (1), Hawks (1), Spurs (1) We hope you enjoyed this edition of Yahoo Sports AM, our daily newsletter that keeps you up to date on all things sports. Sign up here to get it delivered to your inbox every weekday morning.
