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Terrell Owens on Bill Belichick, Robert Kraft snubs

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Terrell Owens on Bill Belichick, Robert Kraft snubs
Terrell Owens on Hall of Fame snub and biggest financial mistakes

NFL Hall of Famer Terrell Owens said Wednesday that the recent snubs of New England Patriots owner Robert Kraft and former coach Bill Belichick from the institution show the system is flawed, and someone needs to be held accountable.

“It’s just plain dumb” Owens told CNBC Sport in an interview in San Francisco ahead of Super Bowl LX. “Something has to change.”

The decisions not to vote Kraft and Belichick into the Pro Football Hall of Fame raised eyebrows because of the Patriots’ success. With a win over the Seattle Seahawks on Sunday, the franchise would hold the most Super Bowl wins of any NFL team with seven. Belichick was the team’s head coach for all six of its championship victories, including one over Owens’ Philadelphia Eagles.

2018 Hall of Fame inductee Terrell Owens speaks during a ceremony at halftime of the game between the San Francisco 49ers and the Oakland Raiders at Levi’s Stadium on Nov. 1, 2018 in Santa Clara, California.

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Daniel Shirey | Getty Images

Owens suggested it may be Jim Porter, the Hall of Fame’s president, who has the power to change the system.

“He has to change or make some some adjustments or amendments into either the criteria or the mission statement of the Hall of Fame. Something has to be done,” Owens said.

He also placed the blame on the writers responsible for voting.

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“Whoever put the guidelines and the bylaws in place to ultimately land coaches and athletes in the most prestigious place that you could ever be, and that’s Canton. If the people that you’re appointed aren’t adhering to that, then something’s wrong. They should be held accountable. They should be stripped of their position,” he said.

The Pro Football Hall of Fame did not immediately respond to a request for comment.

The former six-time Pro Bowler Owens would know something about Hall of Fame voting. Owens played 15 seasons in the NFL and was inducted into the Pro Football Hall of Fame in 2018 after being passed over twice despite being ranked near the top of nearly every receiving category. Owens said it cost him financially.

“There’s a lot of complicated financial opportunity that comes with being really a first-ballot Hall of Famer. There’s a ring to it,” he added. “It used to mean so much, and now it seems to be a little bit watered down.”

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When he was inducted into the Hall of Fame, Owens opted to skip the celebration in Canton, Ohio, instead holding his own celebration at the University of Tennessee at Chattanooga, his alma mater, in protest of what he called a “flawed process,” according to ESPN.

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SeatGeek faces criticism after posting $175K job with sex change perk

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SeatGeek faces criticism after posting $175K job with sex change perk

Popular ticket-selling platform SeatGeek is facing backlash after a job posting offering up to $175,000, along with perks like $25,000 in “gender-affirming care” benefits, sparked outrage online and renewed criticism over the company’s pricing.

The company is seeking an analytics engineer to join SeatGeek’s data team, noting applicants should have a “strong opinion” on how data should drive decision-making.

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Along with a salary range of $121,000 to $175,000, the listing highlights a slate of benefits, including mental health subscriptions, unlimited paid time off (PTO), four months of fully paid family leave, remote or in-office work options, a home office stipend and a student loan matching program.

TAYLOR SWIFT BREAKS SILENCE ON TICKETMASTER FIASCO

SeatGeek on phone

The SeatGeek ticket app on a smartphone.  (Gabby Jones/Bloomberg via Getty Images / Getty Images)

The application also includes a section labeled “Voluntary Demographic Questions,” asking candidates to identify their gender as “male, female, non-binary, third gender, prefer not to say, or prefer to self-describe.”

Prospective employees can also indicate if they consider themselves “a member of the LGBTQ+ community.”

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Critics have raised concerns about the relevance of the prompts, with some social media users calling for a boycott of the platform.

GAVIN ROSSDALE ON TAYLOR SWIFT TICKET FIASCO: ‘EVERYBODY WANTS TO CRASH THE SERVERS’

SeatGeek gender options

SeatGeek lists a number of gender options on its job application, including “third gender.”

Multiple people questioned whether the $25,000 could be used for elective surgeries that are not related to sex reassignment, while others pointed out the four months of paid family leave seemed unnecessary given the unlimited PTO.

“Private companies can offer incentives to employees. If it’s still legal and that’s the kind of employee they want to attract,” X user @dank1j wrote in a comment on a post shared by @LibsofTikTok. “Of course those who aren’t trans inclined ought to be able to substitute breast augmentation or other plastic surgery. I’d be PO’d if they don’t pony up for my tattoo.”

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User @WomanDefiner commented he would like to put the funds toward male “self-care.”

“I need 25k to affirm my Gender as a biological male,” @WomanDefiner wrote. “I’m going to take a fishing trip. It’s called we do a little selfcare.”

Jack Groetzinger, CEO of SeatGeek

Jack Groetzinger, CEO of SeatGeek, testifies during the Senate Judiciary Committee hearing in 2023.  (Tom Williams/CQ-Roll Call, Inc via Getty Images / Getty Images)

TAYLOR SWIFT TOUR DEBACLE: TICKETMASTER AND LIVE NATION MAY NEED BREAKUP, DEMOCRATIC SENATORS SAY

The generous salary and benefits also reignited a debate about the company’s high ticket pricing and price-gouging accusations.

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“I would conclude that their prices are inflated, if they can offer such expensive ‘benefits,’” user @Mayhawwoman wrote.

User @Gentrywgevers added, “This also proves they’re price gouging if they can afford to offer this.”

Others, like user @AmericanPamia, suggested lower prices for all so “they can save their own money for their own preferences.”

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SeatGeek said the demographic questions are voluntary and used to “measure our own diversity and inclusion efforts,” in compliance with Equal Employment Opportunity (EEO) reporting requirements.

Questions about gender and sexual identification are standard and voluntary in many U.S. job applications for EEO compliance.

SeatGeek did not immediately respond to FOX Business’ request for comment.

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Unloved rally: Markets rebound amid scepticism after sharp March sell-off

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Unloved rally: Markets rebound amid scepticism after sharp March sell-off
Mumbai: The three-day rebound in markets after the sell-off since early March has been marked by scepticism and unease, making it an unloved rally. As equities trudge higher, partly driven by short covering and domestic institutional buying, a decisive shift will hinge on some respite on the war front and the market finding its footing, something which experts say has not yet happened.

Both indices had dropped roughly 8.3% from the start of March till Friday, spooked by the spike in oil prices sparked by the conflict in West Asia. The pace of the fall had resulted in markets turning oversold, typically followed by a rebound – a phenomenon that analysts describe as ‘dead cat bounce’.

Rebound on D-St Fails to Bring a Rebound in MoodAgencies

‘UNLOVED RALLY’ IN 3RD DAY Uncertainty on whether Nifty has formed a bottom with no let-up in FII selling

The Sensex and Nifty have recovered up to 2.9% in the past three trading sessions till Wednesday, bouncing off their lowest levels since April 2025, but the tentative bounce in this period underscores doubts about the durability of the rally.

The main stock indices gave up a portion of their early gains on these trading sessions. For instance, on Wednesday, Nifty closed 0.8% higher after gaining as much as 1.2% earlier in the day. Similarly, the index rose 1.1% and 1.5% on Tuesday and Monday but ended the day 0.7% and 1.1% higher, respectively.

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“The word on the Street is caution given the significant drawdowns recently, and while they are hoping for a resolution soon, investors are wary and lack optimism due to uncertain outcomes,” said Lakshmi Iyer, Group president and CEO, Bajaj Alternates. “The durability of gains can be assessed only when there is clarity on the endgame on the war front,” she said.


One reason for this is the unrelenting foreign institutional selling amid the rebound. Overseas fund managers pulled out ₹16,400 crore in the previous three trading sessions, taking their sales tally for March so far to nearly ₹75,000 crore – the highest selling in a month since January 2025.
In index futures, the cuts in foreigners’ bearish bets, as reflected in their long-short ratio, have also been moderate, analysts said. “The FII long short ratio rose from 10% on Friday to 14% on Wednesday, which indicates only a marginal reduction in short positions by global investors,” said Nilesh Jain, VP and head of Technical and Derivative Research, Centrum Finverse.

Dwindling trader confidence also stems from uncertainty over whether the Nifty has formed a bottom, fuelling confusion. “Until it crosses 24,300 levels, this indecision could persist.”

While many investors are of the view that the conflict may not stretch on for long, they appear unwilling to deploy cash aggressively into equities now.

“The rebound does not enthuse foreign investors while domestic investors are stuck after buying at higher levels,” said Siddarth Bhamre, head of Research, Asit C Mehta Intermediates. “Retail investors, however, are not participating much in the buying and are waiting to see how the war shapes up.”

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“The geopolitical risk from a closure of the Strait of Hormuz remains a sword hanging over us,” he said. “There are no reasons to be bullish currently and unless there is a resolution of the conflict, further declines are likely.”

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Producer Price Index: Wholesale Inflation Up 0.7% In February

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Producer Price Index: Wholesale Inflation Up 0.7% In February

Producer Price Index (<a href=PPI) The Producer Price Index is a price index calculated to measure the average change in prices received by producers over a period of time.” data-id=”2208911029″ data-type=”getty-image” width=”1536″ height=”1024″ srcset=”https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2208911029/image_2208911029.jpg?io=getty-c-w240 240w” sizes=”(max-width: 767px) calc(100vw – 36px), (max-width: 1023px) calc(100vw – 132px), (max-width: 1199px) calc(100vw – 666px), (max-width: 1307px) calc(100vw – 708px), 600px” fetchpriority=”high”>

Worawith Ounpeng/iStock via Getty Images

By Jennifer Nash

The latest report on the Producer Price Index (PPI) shows that wholesale inflation for final demand increased by 0.7% in February. This uptick was higher than the expected 0.3% growth and follows a 0.5% increase in January. On

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Federal Reserve projects only one rate cut for 2026 amid economic uncertainty

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Federal Reserve projects only one rate cut for 2026 amid economic uncertainty

The Federal Reserve on Wednesday left interest rates unchanged amid mounting uncertainty over how the Iran war will impact the economy and in turn the central bank’s approach to monetary policy, raising questions over whether any rate cuts will occur this year.

The Fed’s monetary policy panel, known as the Federal Open Market Committee (FOMC), voted 11-1 to leave the benchmark federal funds rate unchanged at a range of 3.5% to 3.75%. It marked the second straight meeting with rates being held steady after three successive 25-basis-point cuts in September, October and December to end last year.

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Policymakers released a summary of economic projections (SEP), which showed that the median projection for interest rates sees just one 25 basis point cut the rest of this year followed by a single cut of that size in 2027.  

“In our SEP, FOMC participants wrote down their individual assessments of an appropriate path for the federal funds rate under what each participant judges to be the most likely scenario for the economy,” Federal Reserve Chair Jerome Powell said. “The median participant projects that the appropriate level of the federal funds rate will be 3.4% at the end of this year and 3.1% at the end of next year, unchanged from December.”

FEDERAL RESERVE HOLDS INTEREST RATES STEADY

Fed Chair Jerome Powell

Federal Reserve Chair Jerome Powell said that an interest rate cut this year will depend on progress in taming inflation and other economic data. (Brendan Smialowski/AFP via Getty Images)

“As is always the case, these individual forecasts are subject to uncertainty and they are not a committee plan or decision,” Powell added.

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During the post-announcement press conference, Powell was asked what officials are seeing that led them to project a cut despite higher forecasts for both inflation and unchanged projections for the unemployment rate and economic growth. 

The SEP showed policymakers projected that the personal consumption expenditures (PCE) index – the Fed’s preferred inflation gauge – will be 2.7% at the end of this year, well above the central bank’s 2% target. That’s up from 2.4% in the Fed’s prior projection in December.

Core PCE, which excludes volatile measurements of food and energy, was also revised up to 2.7% at the end of this year. The previous projection had it at 2.5%.

FED’S FAVORED INFLATION GAUGE REMAINED STUBBORNLY HIGH IN JANUARY AS CONSUMER PRICE PRESSURES PERSIST

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“There are 19 people, and so 19 reasons, 19 individual submissions,” Powell said. “If you notice, the median didn’t change, but there was actually a meaningful amount of movement toward fewer cuts by people, so four or five people went from two cuts to one cut.”

“Essentially, the forecast is that we will be making some progress on inflation, not as much as we had hoped, but some progress on inflation,” Powell said. “It should come as we start to see in the middle of the year progress on tariffs going through once and then tariff inflation coming down. We should be seeing that.”

“And you know, the rate forecast is conditional on the performance of the economy, so if we don’t see that progress, then you won’t see the rate cut,” he explained.

FED OFFICIALS CLOSELY MONITOR IRAN CONFLICT FOR POTENTIAL INFLATION IMPACT

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The market responded to the Fed’s projection by pulling back expectations surrounding interest rate cuts this year, which were previously expected to begin as early as June.

The CME FedWatch tool showed an 89.2% probability that rates will remain at their current level following the Fed’s June meeting in the wake of today’s announcement. That’s up from 79.5% yesterday, 62.8% a week ago and 37.8% last month – while the tool also now shows a 3.8% chance of a 25 basis point hike in June, up from zero a month ago.

The market now sees it being more likely than not that the Fed will leave rates unchanged through the end of this year. 

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The CME FedWatch tool shows a 51.3% chance of rates being at their current range after the Fed’s December meeting – up from 23.5% a week ago and 4.9% last month. 

Probabilities for December show a 35.7% chance of one 25 basis point reduction by then, while the odds of a second cut between now and then have fallen to 9.5% from 32.5% a month ago.

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Royal Oak buys into Naval Base

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Royal Oak buys into Naval Base

The West Leederville property fund has purchased an industrial property for $16.5 million.

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Micron Just Smashed Estimates – Buy The Dip

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Micron Just Smashed Estimates - Buy The Dip

Micron Just Smashed Estimates – Buy The Dip

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Slootman Frank sells Snowflake (SNOW) shares worth $1.38 million

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Slootman Frank sells Snowflake (SNOW) shares worth $1.38 million

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European Airlines Extend Middle East Flight Suspensions

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European Airlines Extend Middle East Flight Suspensions

Europe’s largest airlines extended their suspensions of flights to Dubai and other major Middle Eastern travel hubs amid the conflict in the region.

On-and-off airspace and airport restrictions are forcing carriers worldwide to reroute planes, on sometimes lengthy detours at a time when energy prices are rising due to oil supply constraints.

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Snowflake’s EVP Kleinerman sells $523k in shares

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Snowflake’s EVP Kleinerman sells $523k in shares

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Wall Street ends sharply lower after Fed keeps rates unchanged

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Wall Street ends sharply lower after Fed keeps rates unchanged


Wall Street ends sharply lower after Fed keeps rates unchanged

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