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Yahoo Sports Dan Wetzel and Sports Illustrateds Pat Forde discuss coaches who are heading into the 2022 college football season including Louisvilles Scott Satterfield, Arizona States Herm Edwards, Nebraskas Scott Frost, and Auburns Bryan Harsin.

[YAHOO SPORTS LOGO JINGLE]

DAN WETZEL: We know Jeff Brohm is the head coach at Purdue. And Jeff Brohm is a-- from the Brohm family of Louisville. His father, Oscar, brothers, Greg, and Brian, his son-- everybody. Everybody in Louisville knows the Brohms, right?

PAT FORDE: Yes. And every male Brohm who has ever thrown or caught a pass did it at the University of Louisville.

DAN WETZEL: He's speaking at the Louisville Flaget High School Alumni Association. Somebody asked, "How much pressure did you feel when the Louisville job opened in 2018?"

"You know what? After being at Purdue two years when it came open, that was a tough call," Brohm said. "It was just too early to leave Purdue for Louisville at that point. Now, we're on year-six-- at Purdue-- I love this town, this area. I'm an alumnus of Louisville, so anything can happen in the future."

PAT FORDE: Boom.

DAN WETZEL: This is all from a column by the great Rick Bozich, who writes for WDRB. But he used to write for "The Courier-Journal" for years.

PAT FORDE: That is an eye-opening comment, for sure. [CHUCKLES] And it sends a clear signal to Scott Satterfield. Better win big this year, pal.

DAN WETZEL: So Satterfield had a enormous success at Appalachian State. Gets to Louisville. He's 18 and 19. He's 6 and 7 last year. Took an L in the First Responder Bowl, which is always such a classic.

PAT FORDE: [LAUGHS] A lot of fan investment in that First Responder Bowl.

DAN WETZEL: Came in last place in the First Responder Bowl.

PAT FORDE: [LAUGHS]

DAN WETZEL: Yeah, he's got a win. Brohm has basically just stated I'll take the job.

PAT FORDE: Yeah. On the list of potential openings now, Louisville moves up a couple notches, I think, just based on Jeff Brohm's rhetoric.

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DAN WETZEL: You got to put Satterfield at number one on the hot seat, if only because of this.

PAT FORDE: Right.

DAN WETZEL: Herm Edwards at Arizona State, with all the scandals and the transfers out-- I thought-- he's got 40 guys on the roster or something now. [CHUCKLES]

PAT FORDE: Yeah. I mean--

DAN WETZEL: Total mess.

PAT FORDE: They have just been-- yeah. They've been gutted by transfers, they've had staff turnover, they have an ongoing NCAA investigation. And things had only been going OK for Herm. It was not like he was lighting anything on fire there. So Herm is at or near the top as well.

Scott Frost, right?

DAN WETZEL: Scott Frost.

PAT FORDE: Scott Frost has like a month, I think, to either keep the job until the end of the season or to get fired quickly. The referendum will come quickly on him. He's lucky that he still has the job this season.

[SWISH]

DAN WETZEL: 4 and 8, 5 and 7, 3 and 5, 3 and 9. I mean, if he gets to 6 and 6, that's going to be progress enough. He's going to be back.

PAT FORDE: Why should 6 and 6 be good enough to be back?

DAN WETZEL: Why was 3 and nigh good enough to be back?

PAT FORDE: Well, because of the buyout, mostly. But now, OK, the buyout's gotten lower. And eventually-- look, it's-- at some point in time, they've got to show something, don't they? Here's their September schedule-- actually, start in August.

They're playing in Dublin, Ireland, against Northwestern. Very important game for Scott Frost. Then, North Dakota, Georgia Southern. You got to win those two, obviously.

Then, Oklahoma comes to Lincoln, and then they have the Bye Week, and that's-- the old Bye Week firing. We've seen that a few times there. You plug in the interim coach.

If they are 2 and 2 at that point, I think he's gone.

DAN WETZEL: Wow.

PAT FORDE: I do.

DAN WETZEL: Who else you got that needs a win? Harsin. Brian Harsin, down at Auburn.

PAT FORDE: Brian Harsin.

DAN WETZEL: They tried to fire him.

PAT FORDE: The boosters were dying to fire him. So much they just kept leaking stuff to try to make Brian Harsin's life miserable and untenable and to get him pushed out.

DAN WETZEL: I don't hold anything that happens this year-- much of it-- against Brian Harsin because he's been literally undercut by his school. So I don't know. Those seem to be the big ones.

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Coaches on the hot seat heading into the 2022 season | College Football Enquirer - Yahoo Sports

Abbott (ABT) has reached an agreement with the U.S. Food and Drug Administration (FDA) that could allow it to get baby formula products, currently in shortage, to customers in about two months, once it restarts a Michigan plant which shut down in February.

A nationwide shortage of baby formula has been growing in recent weeks as a domino effect of Abbott's plant closure and ongoing supply chain constraints has left store shelves bare.

Abbott announced a potential timeline of two weeks to restart the plant and six to eight weeks before products make it back on shelves.

FDA Commissioner Dr. Robert Califf said Monday evening he believes these goals are doable.

"We believe those timeframes are reasonable," he said, but added that he cannot commit to a timeline.

But, he said, the FDA expects overall supply to improve "in the next couple of months."

Califf added that the FDA was working with outside consultants to gain realtime updates on the company's progress to resolve the safety concerns, and the agency would give the green light as soon as Abbott meets all the requirements.

Abbott voluntarily shut down its plant and recalled some of its infant formula products after reports of four cases, including two infant deaths, following the use of its formula. The company has maintained that the subsequent investigations show that the strains found by the FDA did not match the strains of infection in the babies.

FDA officials told reporters on Monday that there were many types of strains found at the plant, but because Cronobacter sakazakiior is not a reportable disease, except in Minnesota, the data do not exist for a definitive conclusion. The FDA only had two samples from the four cases to work with, and the database of the bacteria only has 238 strains identified.

"We simply don't have the evidence to demonstrate that causality. But again, the data are so limited with sequencing only available for two out of the four cases," said Susan Mayne, director of the FDA's Center for Food Safety and Applied Nutrition.

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ARLINGTON, VA - MAY 16: A view of nearly empty shelves at a giant grocery store due to shortage in the availability of baby food Monday, May 16, 2022, in Arlington Virginia. Parents in much of the U.S. are scrambling to find baby formula. (Photo by Yasin Ozturk/Anadolu Agency via Getty Images)

The U.S. government has taken several steps in the past week in efforts to alleviate the situation.

Last week, the White House met with major retailers and manufacturers to determine how to increase production domestically. Meanwhile, the FDA has been looking abroad to find supplies that meet regulatory requirements, as well as increasing flexibility to add more domestic production partners.

A White House official told reporters on background Monday that since President Joe Biden's calls with manufacturers and retailers last week, there have been follow-ups to help determine how to get products in areas of critically-low formula supply.

That includes production and distribution from manufacturers like Abbott, the largest maker, and Rickett, Mead Johnson, Nestl/Gerber, and Perrigo, which make the in-house brands for Amazon (AMZN) and Walmart (WMT). Those retailers and Target (TGT) have also been contacted by the president about helping with distribution to ensure supplies are reaching where they need to as well, officials said.

The White House said last week that the U.S. produces 98% of the baby formula it consumes, both for infants and for adults with certain health issues. The remainder comes from overseas including, The Netherlands, Chile, Mexico and Ireland.

In addition, two U.S. House committees have sent letters to the product makers to understand what has caused the severe shortage in addition to pandemic-related supply chain constraints. The companies have until next week to reply.

The FDA is also working on ways to diversity the infant formula supply in the U.S. going forward.

Califf said the topic will be "much discussed and needs to be considered" in light of the last few months' events.

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FDA expects baby formula shortage to improve in 'next couple of months' - Yahoo Finance

Some fathers just can't give up the tough love, even in their kids' biggest moments.

Matthew Tkachuk scored a hat trick to lead the Calgary Flames to a 9-6 victory over the Edmonton Oilers in a wild Game 1 of the Battle of Alberta in the second round of the Stanley Cup playoffs.

The crowd at the Saddledome was loud throughout the contest and erupted when Tkachuk notched the hat trick in an empty net to seal the win. A storm of hats hit the ice, barring one; the 24-year-old did not get the one off the head of his father, Keith Tkachuk.

The former NHL star forward was caught on camera refusing to throw his hat on the ice to celebrate his sons hat trick.

The entire Tkachuk family, including younger brother Brady of the Ottawa Senators, was there to cheer on Matthews from the stands, with the younger Tkachuk working the crowd before puck drop.

Matthew Tkachuk was all over the ice, not only finding the back of the net but also getting under the Oilers' skin, especially forward Evander Kane. Both players were handed offsetting minors for roughing in the third period after a stoppage in play. After going chirping back and forth in the box for the duration of the penalties, Tkachuk was allowed to leave the sin bin before teammate Oliver Kylington, who had also been assessed a minor penalty prior to the scrum between Tkachuk and Kane. According to NHL rule 16.2, a team is allowed to declare which of their players can leave the box first when penalties are assessed at the same time.

The gritty Flames forward jumped on the ice and scored his second of the game with Kane left to witness the tally from the penalty box.

Almost nine minutes later in the period, Tkachuk sent the puck in an empty net, getting the hat trick and wrapping up a wild first game in the Battle of Alberta.

Calgary leads the series 1-0 with Game 2 set for Friday night at the Saddledome.

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Keith Tkachuk refuses to give up hat for son Matthews hat trick - Yahoo Sports

To say the 2021 quarterback class underwhelmed would be an understatement.

The hyped 2021 group posted the lowest combined completion percentage since the 2018 class and the fewest yards per attempt since 2016. Five rookies attempted at least 100 passes this past season Trevor Lawrence, Zach Wilson, Justin Fields, Mac Jones and Davis Mills and only Jones and Mills completed more than 60% of their passes. Jones was also the only passer to finished with more than 7 yards per attempt. The rest averaged between 6-6.9 yards per attempt.

But for this class minus Trey Lance, because he attempted only 71 passes during his rookie season and still might not be the Week 1 starter for the San Francisco 49ers in 2022 a second-year production bump isnt just possible, its probable.

It's hard to determine which statistic is the most indicative of a quarterback's success. More touchdowns and fewer interceptions are easy ones, but even then, some of the most improved passers see their interception rate rise as they attempt more passes.

To determine how big or small of a jump rookies make in their second season in the NFL, we looked at:

Completion percentage

Yards per attempt

Games started

Adjusted sack percentage (which means sacks divided by pass plays including passes, sacks and aborted snaps, via Football Outsiders)

Defensive DVOA (which means how teams perform on any given snap compared to a league-average baseline, also via Football Outsiders)

Offseason acquisitions

Head coaching changes

So to start, from 2011-2020 there were 35 quarterbacks who played at least five games in each of their first two NFL seasons.

Which second-year NFL quarterback will take the biggest leap? (Moe Haidar/Yahoo Sports)

Twenty quarterbacks saw their completion percentage rise by more than 1% in their second season, while eight had their completion rate drop by more than 1%. Nine improved their yards per attempt by more than 0.5 yards, and five saw that number drop by more than 0.5 yards.

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On average, a second-year quarterback improved his completion rate by 2.10% and his yards-per-attempt by 0.22.

A lot of that came with added experience and a better offensive line. Twenty-seven of the 35 quarterbacks started at least the same number of games in their second season than in their first, and 29 quarterbacks saw their team's adjusted sack percentage drop in their second season.

Some players benefited from high-profile additions as well. The Raiders and Bengals drafted Amari Cooper and JaMarr Chase for Derek Carr and Joe Burrow, respectively, following their rookie seasons, and the Cardinals traded for DeAndre Hopkins for Kyler Murray in 2020, after Murray's rookie year.

A good defense makes life easier for a young quarterback, too. Almost every quarterback on this list who saw significant improvement in their second season played for a team whose defensive DVOA improved as well. Players like Mitchell Trubisky and Deshaun Watson had top-five defenses behind them in their second seasons and played much better.

Oddly enough, coaching changes didnt really affect a players Year 2 bump. Some players enjoyed schematic changes that helped bolster their production the biggest being Jared Goff moving from Jeff Fisher to Sean McVay. Others like Carr, Jalen Hurts, Sam Darnold and Blaine Gabbert all completed a higher rate of passes in their second season. But plenty of quarterbacks got better with the same coach or saw no change with a new coach. Some even got worse with a new coach.

Second-year bumps also dont always equate to long-term success, either. Darnold and Goff are currently fighting for their starting careers on teams that didnt draft them, and Gabbert has been a backup since 2013. Other quarterbacks who saw improvement are in similar situations, like Trubisky, Geno Smith and Baker Mayfield, while two high-profile players who got worse in Year 2 Josh Allen and Dak Prescott turned the corner in subsequent seasons and are now considered among the best quarterbacks in the league.

Predictions aren't prophecy, especially for young quarterbacks coming off tumultuous rookie seasons. But with a bit of historical data and present-day context, we can conceptualize a second-season trajectory for the 2021 rookies who saw the requisite playing time in Year 1.

We know that typically, a quarterback improves if his team bolstered the offensive line, added weapons around him, and fielded a good defense. We also know that head coaching changes don't reliably produce a second-year bump.

We've ranked which quarterbacks could improve the most based on these metrics.

Lawrence checks off all the boxes of a player who should make a jump in his second season. He gets an improved offensive line with the addition of Brandon Scherff, more playmakers in pass-catchers Christian Kirk, Zay Jones and Evan Engram, and an upgraded defense (on paper, at least). There's also a new, Super Bowl-winning coach in Doug Pederson calling the shots.

Almost everything that applies to Lawrence can be applied to Wilson as well. While Wilson remains tethered to Robert Saleh and offensive coordinator Mike LaFleur, he'll reap the benefits of an offseason that landed him a new guard in Laken Tomlinson, a new receiver in Garrett Wilson and a new running back in Breece Hall. The Jets made significant defensive additions in the draft and free agency as well.

Jones has a leg-up on the rest of the class in that he enjoyed the most successful rookie campaign of the group. Bill Belichick is still there, too, but the Patriots didn't really upgrade their team around Jones. The offensive line lost two starters but added rookie guard Cole Strange, the offensive weaponry is mostly the same and the defense only added a few pieces. Jones' path to improvement is more difficult given his advanced starting point and that he also lost offensive coordinator Josh McDaniels.

It's a little stunning that the Texans plan to roll with Mills for 2022, but there is actually a path for Mills to build off his solid rookie season. Houston hired a new coach though it was internal and made two upgrades along the offensive line with free-agent signing A.J. Cann and first-round pick Kenyon Green. The offensive playmakers will remain mostly the same, but the defense should get better with the free agent pickups and other draft picks.

Poor Fields. Perhaps one of the most exciting prospects from the 2021 draft might have the hardest time improving during his second season. The Bears swapped Matt Nagy for Matt Eberflus as head coach but made seemingly no efforts to upgrade the offensive line, offensive playmakers or the defense. Chicago actually got worse in several positions after receiver Allen Robinson signed with the Rams and new GM Ryan Poles traded edge rusher Khalil Mack to the Chargers.

That's how we see it shaking out. What do you think?

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Which Year 2 NFL quarterback will make the biggest jump? - Yahoo Sports

Can you put a dollar amount on what it means to be wealthy in the U.S.? An annual survey asks Americans to do just that, and this year, $2.2 million is the magic number.

That's according to the annual Modern Wealth Survey from Charles Schwab, which also finds people believe that an average net worth of $774,000 is what it takes to be financially comfortable.

The report, which surveyed 1,000 Americans ages 21 to 75 in February 2022, asked respondents a range of questions about their personal finances, including the factors influencing their savings and investment decisions.

The average net worth needed to be considered wealthy and to be financially comfortable both rose from last year's survey. In 2021, Americans said they needed $624,000 in net assets to live comfortably, while it would take $1.9 million to be rich. That said, the averages are still lower than they were before the COVID-19 pandemic, likely because many people are focusing less on hitting a specific number and more on their overall goals, financial and otherwise, says Rob Williams, managing director of financial planning, retirement income, and wealth management at Charles Schwab.

"People are concerned about other things besides the balance in their portfolio and in their investment account," says Williams, including their physical health and overall stability.

The average net worth of U.S. households actually isn't so far off from Schwab's survey: It stood at $748,800 in 2019, according to the most recent Survey of Consumer Finances by the Federal Reserve. But that's skewed by the richest households. The median net worth for U.S. households is $121,700, per the Fed. And as other reports have found, many U.S. households have very little or no savings at all.

With little saved for emergencies or retirement, a number like $2.2 millionor even $774,000might seem like an impossible benchmark to reach. But Williams says this doesn't have to be the case. Ultimately, each household should calculate its own wealth target and make an individualized savings plan. What one person or family needs isn't the same as another.

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A plan is really just saying, This is whats important to me, this is what I need to save and invest for next year, in five years, 10 years from now, says Williams.

Once you have some idea of a target, the most important thing you can do is start savingregardless of the amount you put away. Five dollars is better than nothing, even if it doesn't seem at first like it will add up to much. Putting even a little bit of money away consistently is especially important when building a retirement account, as most Americans will be on their own to fund their golden years, says Williams.

"No matter how much money you have, get started and stay disciplined," he says. "Youll look back and say, Goodness, those small steps really built up over time. Youll find yourself in a position where you can make a lot more choices than you could before."

Once you start saving, make it an automatic ritual. Oftentimes, watching your savings accrue will provide the momentum to keep saving more and more, even if you're just starting out or well below your target number, says Williams.

Keeping the long game in mind is critical, especially in a rocky market like we're seeing right now. Building wealth, for most people, takes decades of dedicated investments. Though investing money in assets that are on a losing streak can seem self-defeating, a down market is "an opportunity to be saving and investing more," says Williamsand getting more for your money.

"If youre investing for net worth, it takes time to get there," he says. "It's good to be aspirational, but get started and dont get overwhelmed by trying to get to a certain number in a day or a week."

This story was originally featured on Fortune.com

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This is how much money Americans think they need to be considered wealthy - Yahoo Finance

SHANGHAI, China, May 20, 2022 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has successfully listed, by way of introduction, its Class A ordinary shares (the Shares) on the Main Board of the Singapore Exchange Securities Trading Limited (the SGX-ST). The Shares are traded on the Main Board of the SGX-ST under the stock code NIO in board lot sizes of 10 Shares. The Companys American depositary shares (the ADSs), each representing one Share, remain primarily listed and traded on the New York Stock Exchange (the NYSE). The Shares listed on the Main Board of the SGX-ST are fully fungible with the ADSs listed on the NYSE.

Today marks a new milestone for NIO. The listing on the SGX-ST has further strengthened NIOs footing in the global capital markets, said William Bin Li, founder, chairman and chief executive officer of NIO. Furthermore, by leveraging Singapores advantageous position as an international innovation and technology center, NIO plans to establish a research and development center for artificial intelligence and autonomous driving in Singapore and to collaborate with local science and research institutions to further broaden and enhance our global R&D capabilities.

AboutNIO Inc.

NIO Inc. is a pioneer and a leading company in the premium smart electric vehicle market. Founded in November 2014, NIOs mission is to shape a joyful lifestyle. NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users. NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries. NIO differentiates itself through its continuous technological breakthroughs and innovations, such as its industry-leading battery swapping technologies, Battery as a Service, or BaaS, as well as its proprietary autonomous driving technologies and Autonomous Driving as a Service, or ADaaS. NIO launched the ES8, a seven-seater flagship premium smart electric SUV in December 2017, and began deliveries of the ES8 in June 2018 and its variant, the six-seater ES8, in March 2019. NIO launched the ES6, a five-seater high-performance premium smart electric SUV, in December 2018, and began deliveries of the ES6 in June 2019. NIO launched the EC6, a five-seater premium smart electric coupe SUV, in December 2019, and began deliveries of the EC6 in September 2020. NIO launched the ET7, a flagship premium smart electric sedan, in January 2021, and began deliveries of the ET7 in March 2022. NIO launched the ET5, a mid-size premium smart electric sedan, in December 2021.

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Safe Harbor Statement

This press release contains statements that may constitute forward-looking statements pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, expects, anticipates, aims, future, intends, plans, believes, estimates, likely to and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the SEC), in announcements made on the websites of each of the SEHK and the SGX-ST, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIOs beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIOs strategies; NIOs future business development, financial condition and results of operations; NIOs ability to develop and manufacture a car of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the newly introduced BaaS and ADaaS; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIOs ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of the ES8, ES6, EC6, ET7 and ET5; its ability to control costs associated with its operations; its ability to build the NIO brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIOs filings with the SEC, the announcements on the website of the SEHK and the introductory document issued with the SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please visit: http://ir.nio.com

Investor Relations

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NIO Inc. Successfully Listed on the Main Board of the Singapore Exchange - Yahoo Finance

Its NASCAR All-Star Race weekend at Texas again.

The track is set to hold its second All-Star Race after a deal that replaced the spring points race at the 1.5-mile track with the exhibition. Texas Motor Speedway got the All-Star Race (8 p.m. ET, Fox Sports 1) after the race spent a year at Bristol following a move from longtime home Charlotte Motor Speedway in 2019.

The races rules are, as always, complicated. Its never simple enough for NASCAR to have the fastest car win over the course of 100 straightforward laps. The race is made up of four stages and the first three are 25 laps. The winners of those three stages get the first three starting spots for the final 50-lap stage. There will be a pit stop competition between stages as well and the driver of the team that wins that will start fourth in the final stage.

FORT WORTH, TEXAS - JUNE 13: Kyle Larson, driver of the #5 HendrickCars.com Chevrolet, celebrates in victory lane after winning the NASCAR All-Star Race at Texas Motor Speedway on June 13, 2021 in Fort Worth, Texas. (Photo by Jared C. Tilton/Getty Images)

Thats not all, either. If there isnt a caution between laps 15-25 in the final stage, NASCAR is going to arbitrarily throw a caution to bunch the field and create a restart. NASCARs been throwing debris cautions to bunch the field for more restarts for years, so even the most cynical NASCAR fans have to appreciate the transparency ahead of Sundays race.

Twenty drivers are already qualified for the All-Star Race and four will qualify via the Open race late Sunday afternoon. The open race consists of three stages over the course of 50 laps and each of the winners of those three stages make the main event. The fourth and final qualifier will be the winner of a fan popularity contest who didnt win any of the three stages.

Kyle Larson won the 2021 All-Star Race and he enters the race as the favorite. Heres what you need to know to bet the All-Star Race. All odds are from BetMGM.

Kyle Larson (+450)

Chase Elliott (+650)

Kyle Busch (+700)

Denny Hamlin (+800)

William Byron (+800)

Larsons a weekly favorite at this point even though he has just one win and is ninth in the standings so far. Each of the five drivers listed above have shown speed at intermediate tracks so far in 2022 and Byron may be the best bet of the bunch. He has two wins in 2022 and was fast at Kansas until a flat left-rear tire while leading ended his chances at a win. The left-rear tire issues that cropped up at Kansas could also pop up at Texas and throw a wrench of even more randomness into the race.

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Martin Truex Jr. (+1200)

Christopher Bell (+2000)

Truex and Bell get the nod here because of Joe Gibbs Racings speed at Kansas. Toyota had all six of its cars finish in the top 10 and all four of the JGR cars were in the top six. Texas and Kansas arent carbon copies of each other but theres enough similarity to believe that JGR and Hendrick are the teams to beat again.

Suarez has some tantalizing odds but hes also got to make the All-Star Race via the Open. Betting on a driver to qualify through the Open and then win the All-Star Race isnt a great one.

Wallace is automatically in the All-Star Race and had a fast car at Kansas. His finish would have been a lot better if not for a late pit stop snafu. Hes worth a flier at these odds given that speed.

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NASCAR All-Star Race betting: Kyle Larson is the favorite and the defending champ - Yahoo Sports

Even pizza prices are headed higher amid elevated inflation.

Papa John's said this week that the company increased prices 7% in the first quarter to help offset inflationary pressures. Despite the price increase, Papa John's still saw North America same-store sales gain 1.9%.

"We have got great demand for our products [and] positive comparable sales in the first quarter despite the most challenging operating environment we have ever seen," said Papa John's CEO Rob Lynch on Yahoo Finance Live (video above). "We do see some improvement, at least a plateau on some of the inflation on both the food costs as well as maybe some of the wage inflation starting to normalize. I wouldn't say it's going down yet but staffing levels have sequentially improved throughout the year. January was by the far the toughest month for us."

The price increases on pizza reflect several factors inherent to most fast-food chains: Labor costs for everything from the person prepping the pizza to the person delivering it are on the rise amidst a tight job market, transportation costs are on the rise owing to higher fuel costs, and ingredient costs are the rise notably wheat, chicken and cheese.

U.S. President Joe Biden eats pizza as he meets with U.S. Army soldiers assigned to the 82nd Airborne Division at the G2 Arena in Jasionka, near Rzeszow, Poland, March 25, 2022. REUTERS/Evelyn Hockstein

Besides price hikes, Papa John's has leaned into its more premium brand positioning by offering a new "Epic" stuffed crust pizza with pepperoni in the crust. The price of the pizza: about $14.

Papa John's is not alone in regards to price hikes on food that has long been seen as a big value to families due to its sharing component and affordable sticker price.

Domino's lifted the price of its entry level pizza to $6.99 from $5.99 for a delivered pizza, an increase of 16%. Consumers appeared to balk at the increase unlike at Papa John's Domino's U.S. same-store sales fell 3.6% in the first quarter.

The company is also exploring other price increases, execs hinted to analysts on a late April earnings call.

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"I think what we have to do is be cognizant of the fact that today we are dealing with a highly inflationary economy," Domino's CFO Sandeep Reddy told analysts on the call. "And so the food basket is up double digits, the labor costs have actually gone up significantly, and in this environment, I think we just want to make sure that while we keep in mind the consumer value proposition and we're making sure that the demand continues to flow, we still find a way to ensure the profitability of the franchisees is where it needs to be to drive that long-term growth for them and for us. And that's as simple as it is."

Brian Sozzi is an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.

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Inflation is hammering Big Pizza - Yahoo Finance

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Tuesday, May 10, 2022

Today's newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz.

It has been a brutal 2022 for investors.

Since we rang in the new year, the S&P 500 has fallen over 16% and the Nasdaq has lost about 25%. Across the board, other asset classes have struggled as well.

U.S. Treasuries have fallen in value (as yields continue to rise). And bitcoin has lost about a third of its value.

But hey, at least theres the greenback. The U.S. dollar has strengthened by 8.3% so far this year, as measured by the U.S. dollar index. At about 104, the U.S. dollar has not been this strong against the worlds currencies since 2002.

ING Economics says that the rip higher is the result of three key drivers: Fed tightening, the war in Ukraine, and the economic slowdown in China.

All three themes are showing no signs of reversing, wrote ING strategists on Monday.

Theres not much to be made of all of this for asset allocation, since stuffing bands of bills into your mattress is likely a poor strategy given the current levels of high inflation.

Still, the strength of the U.S. dollar appears to show global investors favoring the United States over growth prospects anywhere else.

That is a bizarre take in an economic environment where investors are increasingly talking about recession.

But everything is relative. The Russian invasion of Ukraine is bogging down economic activity across the European continent. And the Chinese governments zero-COVID policy has led to extended shutdowns that have throttled growth in the worlds second-largest economy.

That makes the U.S. economy among the prettiest of the bunch, spurring a global hunger for greenbacks.

That storyline is being boosted by the Feds messaging on raising interest rates quickly. A 0.50% interest rate increase last week (the largest single move since 2000) makes deposits in the U.S. more attractive than other advanced economies of the world that are slower to raise rates.

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The widening interest rate differential between the United States and other countries is causing flight to, and subsequent strengthening of, the U.S. dollar, analysts at the Wells Fargo investment Institute wrote Monday.

Still, the waters remain exceptionally choppy given the risk that the Fed could pay the ultimate price of being too late to high inflation: having to raise interest rates so high it dramatically curbs economic activity to the point of recession.

We are not going to pretend that its all sunshine and rainbows," wrote Alejo Czerwonko, UBS chief investment officer for emerging markets Americas. "The near-term outlook for markets remains very uncertain.

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Earnings

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7:00 a.m. ET: Norwegian Cruise Line Holdings (NCLH) is expected to report an adjusted loss of $1.53 per share on revenue of $739.85 million

Hyatt Hotels (H) is expected to report an adjusted loss of $0.38 per share on revenue of $1.11 billion

Warner Music Group (WMG) is expected to report adjusted earnings of $0.21 per share on revenue of $1.37 billion

Peloton (PTON) is expected to report an adjusted loss of $0.80 per share on revenue of $971.5 million

Planet Fitness (PLNT) is expected to report adjusted earnings of $0.28 per share on revenue of $190.06 million

Post-market

Roblox (RBLX) is expected to report an adjusted loss of $0.03 per share on revenue of $648.31 million

Occidental Petroleum (OXY) is expected to report adjusted earnings of $2.05 per share on revenue of $8.22 billion

Coinbase (COIN) is expected to report adjusted earnings of $0.20 per share on revenue of $1.48 billion

Sofi Technologies (SOFI) is expected to report an adjusted loss of $0.14 per share on revenue of $284.91 million

Allbirds (BIRD) is expected to report an adjusted loss of $0.12 per share on revenue of $62.19 million

Rocket Cos. (RKT) is expected to report adjusted earnings of $0.19 per share on revenue of $2.14 billion

Wynn Resorts (WYNN) is expected to report an adjusted loss of $1.21 per share on revenue of $979.92 million

Electronic Arts (EA) is expected to report adjusted earnings of $1.43 per share on revenue of $1.77 billion

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There is an asset class that is doing well: Morning Brief - Yahoo Finance

The West has hit Russia with a range of economic sanctions including a promise this weekend from the G-7 nations to reduce their dependence on the country's oil. But one type of sanction, so-called "export controls," has attracted less attention than other high-profile penalties like seizing oligarchs' yachts.

Export controls ban companies from sending crucial products like semiconductors to Russia with the goal of gradually starving its economy. But a top Biden administration official told Yahoo Finance on Monday that certain export controls may hurt Vladimir Putins army in the immediate future.

Because of the export controls weve already put in place, Russias top two manufacturers of tanks are no longer in business, Deputy Secretary of the Treasury Wally Adeyemo said Monday. Russia today has far fewer tanks than they had going into this invasion, and they can't make more because of the action that we're taking with sanctions.

The White House says the controls have left Russias two major tank plants the Uralvagonzavod Corporation and Chelyabinsk Tractor Plant idle due to a lack of foreign components. And observers noticed fewer tanks than normal at the annual military parade on Moscows Red Square on Monday.

A child stands on a destroyed Russian tank, amid Russia's invasion of Ukraine, near Makariv, Kyiv region. (REUTERS/Mikhail Palinchak)

Meanwhile, images of destroyed Russian tanks felled by U.S.-made Javelin missiles have become a rallying cry for Ukrainians and their allies.

On Sunday, the White House announced additional export controls on items like wood products, industrial engines, bulldozers, and more to further limit Russias access to items and revenue that could support its military capabilities.

The EU moved in tandem with new controls on items like chemicals.

A senior administration official told reporters over the weekend that export control efforts had begun on specialized products like microchips and now were broadening into industrial products that have a similar effect, we think, on Putins ability to prosecute his war ambitions.

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As Adeyemo told Yahoo Finance on Monday, the goal is to "reduce the resources to Russia in order to make sure they have less resources to fight their war on Ukraine."

Adewale "Wally" Adeyemo is the Deputy Secretary of the Treasury. (Greg Nash/Pool via REUTERS)

The Export Administration Regulations (EAR) as laid out in U.S. government documents apply not just to items produced in the U.S. but also claims foreign-produced items located outside the United States are subject to the EAR when they are a direct product of industries like U.S. technology, software, or manufacturing."

The moves on export controls come as part of a host of new actions against Russia announced Sunday, including sanctions against Russian individuals and businesses and an attempt by G7 nations to stop importing Russian oil. The U.S. Commerce Department also said Monday that the U.S. would temporarily suspend tariffs on Ukrainian steel for one year.

Ben Werschkul is a writer and producer for Yahoo Finance in Washington, DC.

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Russia 'can't make more' tanks because of this key sanction, Biden official says - Yahoo Finance