Latest news with #Phillips
Yahoo
18 hours ago
- Business
- Yahoo
Dodgers lose reliever Evan Phillips for season due to Tommy John surgery
Los Angeles Dodgers relief pitcher Evan Phillips will miss the rest of the MLB season and some of the 2026 campaign as he is set to undergo Tommy John surgery. After getting sidelined with a rotator cuff injury for their World Series win over the New York Yankees in October, Phillips returned to the mound in April. However, his return was short-lived, as he was placed back on the injury list on May 7 after just seven appearances due to discomfort in his forearm. Advertisement On Friday, Dodgers manager Dave Roberts announced the end of Phillips' season ahead of their rematch with New York, per The Athletic's Fabian Ardaya. Roberts also noted that Phillips tried playing catch earlier this week ago, which 'didn't go well." Phillips had already been placed on the 60-day IL a day earlier, with Roberts telling reporters the injury had worsened. 'It's starting to get a little concerning,' Roberts said, via 'I don't know how long we can give it until he can attempt to start playing catch again. I'm getting a little kind of concerned, but hoping for the best.' Advertisement After the initial forearm discomfort, Phillips received an MRI that showed no structural damage but revealed inflammation in his elbow. The Dodgers apparently found some damage later, as Tommy John surgery is a procedure for torn UCLs. Phillips has made 201 regular season appearances in five seasons for the Dodgers. During his time in Los Angeles, he boasted a 2.22 ERA with 45 saves and 221 strikeouts over 195 innings. He also proved impressive in the playoffs, allowing zero earned runs over 12 games and 15.1 innings. The Salisbury, Maryland native spent his first four seasons with the Atlanta Braves, Baltimore Orioles and Tampa Bay Rays — recording a 7.26 ERA across 49 appearances. Advertisement Phillips and the Dodgers avoided salary arbitration in January by agreeing on a one-year, $6.1 million extension. Unfortunately, he now joins a laundry list of injuries, which includes six other relief pitchers for the struggling Dodgers. The team partially addressed those woes on Thursday with a trade for former Reds closer Alexis Díaz. The defending World Series champions are 34-22, sitting atop the NL West after an eighth-inning meltdown against the Cleveland Guardians in their last game.
Yahoo
18 hours ago
- Business
- Yahoo
Tariffs Blocked By Court, But Goldman Sachs Says Trump Could Reimpose Them 'Within Days'
The Court of International Trade blocked a large portion of President Donald Trump's latest tariff policies, but according to Goldman Sachs economist Alec Phillips, the White House has a clear and swift path to restoring most of them—potentially within days. In a note shared Thursday, Phillips wrote that the Court's ruling represents a legal setback for the administration, but not necessarily a policy one. The court struck down 6.7 percentage points of tariffs imposed this year under the International Emergency Economic Powers Act (IEEPA), declaring the legal foundation unconstitutional. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — The blocked tariffs include the 10% across-the-board duty, a 20% tariff on Chinese imports, and a 25% tariff on non-USMCA-compliant goods from Canada and Mexico. Together, they were projected to generate close to $200 billion annually. Stocks positively reacted to the news. The S&P 500 – as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) – rose 0.6% on Thursday, and is on track to notch its strongest month of gains since November 2023. The Court of International Trade has given the administration 10 days to stop collecting the duties, but Phillips anticipates the Trump administration responding quickly. "We would expect the White House to announce a similar across-the-board tariff using Sec. 122," Phillips said. That part of the trade law lets the president impose up to 15% tariffs for 150 days without needing Congress. It's designed to address currency issues or trade imbalances and is much easier to activate than other options. 'The administration could theoretically replace the current 10% tariff with a Sec. 122-based tariff within days if deemed necessary,' Phillips added. Phillips also said the White House could start new investigations under another trade tool—Section 301—which would allow even steeper and longer-lasting tariffs. That path takes longer, but it could open the door to targeting major trade partners like China also believes the ruling could pivot the administration toward sector-specific tariffs, which remain on firm legal ground under Section 232, the authority Trump previously used to target steel, aluminum and autos. "Uncertainty regarding the IEEPA-based tariffs could lead the White House to put more emphasis on sectoral tariffs, where there is much less legal uncertainty," Phillips said. That means more duties could soon be imposed on goods like semiconductors, electronics, and pharmaceuticals—sectors in which Trump's trade team has already shown interest. Those actions fall under Section 232, which remains untouched by the court's ruling and could add another 4.9 percentage points to U.S. tariff rates. While importers may be spared future tariffs, duties already paid will not be refunded. Despite the magnitude of potential lost revenue, Goldman Sachs doesn't expect a material impact on the fiscal debate in Congress. "Tariff revenue was never counted toward offsetting the cost of the package," he said. Still, the blocked tariffs were set to generate nearly as much revenue as the new fiscal package will add to the deficit in its first year—roughly $200 billion. 'We expect the Trump administration will find other ways to impose tariffs, so we still expect most of this revenue to materialize.' Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share! Photo: Shutterstock Send To MSN: Send to MSN UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Tariffs Blocked By Court, But Goldman Sachs Says Trump Could Reimpose Them 'Within Days' originally appeared on 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
Hamilton Spectator
18 hours ago
- Sport
- Hamilton Spectator
Dodgers reliever Evan Phillips to undergo Tommy John surgery and miss rest of the season
LOS ANGELES (AP) — Los Angeles Dodgers reliever Evan Phillips will have Tommy John surgery next week and miss the rest of the season in the latest blow to the World Series champion's pitching staff. The 30-year-old right-hander had been out the last three weeks because of forearm discomfort. He didn't progress in his recovery despite what had been anticipated to be a short stint on the injured list. Phillips began the season on the IL while recovering from a partially torn rotator cuff he sustained in the playoffs last year. He returned in late April and made seven scoreless appearances before getting hurt during the Dodgers' trip to Miami earlier in May. The Dodgers' staff has been riddled by injuries this season. Phillips was 5-1 with a 3.62 ERA and 63 strikeouts in 54 2/3 innings last season. He is 15-9 with a 2.28 ERA in 194 games since coming to the Dodgers five years ago. He previously played for Atlanta, Baltimore and Tampa Bay. ___ AP MLB:
Fox Sports
19 hours ago
- Sport
- Fox Sports
Dodgers reliever Evan Phillips to undergo Tommy John surgery and miss rest of the season
Associated Press LOS ANGELES (AP) — Los Angeles Dodgers reliever Evan Phillips will have Tommy John surgery next week and miss the rest of the season in the latest blow to the World Series champion's pitching staff. The 30-year-old right-hander had been out the last three weeks because of forearm discomfort. He didn't progress in his recovery despite what had been anticipated to be a short stint on the injured list. Phillips began the season on the IL while recovering from a partially torn rotator cuff he sustained in the playoffs last year. He returned in late April and made seven scoreless appearances before getting hurt during the Dodgers' trip to Miami earlier in May. The Dodgers' staff has been riddled by injuries this season. Phillips was 5-1 with a 3.62 ERA and 63 strikeouts in 54 2/3 innings last season. He is 15-9 with a 2.28 ERA in 194 games since coming to the Dodgers five years ago. He previously played for Atlanta, Baltimore and Tampa Bay. ___ AP MLB: recommended in this topic
Winnipeg Free Press
19 hours ago
- Sport
- Winnipeg Free Press
Dodgers reliever Evan Phillips to undergo Tommy John surgery and miss rest of the season
LOS ANGELES (AP) — Los Angeles Dodgers reliever Evan Phillips will have Tommy John surgery next week and miss the rest of the season in the latest blow to the World Series champion's pitching staff. The 30-year-old right-hander had been out the last three weeks because of forearm discomfort. He didn't progress in his recovery despite what had been anticipated to be a short stint on the injured list. Phillips began the season on the IL while recovering from a partially torn rotator cuff he sustained in the playoffs last year. He returned in late April and made seven scoreless appearances before getting hurt during the Dodgers' trip to Miami earlier in May. The Dodgers' staff has been riddled by injuries this season. Phillips was 5-1 with a 3.62 ERA and 63 strikeouts in 54 2/3 innings last season. He is 15-9 with a 2.28 ERA in 194 games since coming to the Dodgers five years ago. He previously played for Atlanta, Baltimore and Tampa Bay. Thursdays Keep up to date on sports with Mike McIntyre's weekly newsletter. ___ AP MLB:
