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Salah awaits Messi as Egypt beat Australia on penalties at World Cup Al JazeeraAustralia 1 - 1 Egypt: Final score, results, recap, box score, stats Yahoo SportsWorld Cup history for Salah's Egypt with penalty shootout triumph vs. Australia ESPNEgypt defeat Australia on penalties to reach the last 16, as goalkeeper gambit fails The New York Times
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Angel Reese says it's 'disrespectful' Dream don't have WNBA All-Star starter as reports emerge about botched player vote Yahoo SportsReese: 'Disrespectful' for Dream to have no All-Star starters ESPNSparks among more than half of WNBA players who didn't turn in All-Star starter ballots Los Angeles TimesCaitlin Clark's peers make it crystal clear they hate her with insulting All-Star game vote Fox News
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After decades as a privately held franchise, Jersey Mike's is opening itself up to public investors for the first time.
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Stocks capped off a terrible week with another slide as a warning from one of Wall Street's bellwether firm's stoked concern about the U.S. economy.
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After Thursday's close, delivery giant FedEx (FDX, -21.4%) - whose financial results are often seen as a read on broader economic conditions - issued preliminary fiscal first-quarter earnings and revenue figures that were well below estimates. The company cited a recent acceleration in "global volume softness," and specifically pointed to "macroeconomic weakness in Asia and service challenges in Europe." FDX also withdrew its outlook for the full fiscal year, and said it is initiating several cost-cutting measures to offset the effects of lowered demand, including deferring staff hiring, closing 90 FedEx office locations and ending Sunday operations for several FedEx Ground locations. The company is slated on the earnings calendar to report its full quarterly results after next Thursday's close.
Wall Street's nerves were already frayed ahead of FedEx's financial warning, as this week's red-hot inflation reading all but assured another large rate hike from the Federal Reserve at next week's meeting. But an additional contributing factor to this week's massive volatility is likely today's quadruple-witching options expiration, which is when index futures, index options, stock options and individual-stock futures all expire at once. This happens four times a year - on the third Friday in March, June, September and December - and sometimes leads to heavy volume and erratic moves in
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