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European stock markets recorded their best day since August on Wednesday after CPI data from the US and UK signalled cooling inflation. The Euro Stoxx 600 Index ended a three-day losing streak, climbing 1.33% - its largest one-day rally in nearly five months.
PHILADELPHIA — The Philadelphia 76ers have decided not to build a $1.3 billion downtown arena, a surprising move that comes just weeks after the team received approval for the controversial project from the city council.
Nick Wright dives into Jalen Brunson's discounted four-year, $156.6 million extension with the New York Knicks, which left $113 million on the table if he waited another year.
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PHILADELPHIA — Disgust with the officiating left the 76ers fans at Wells Fargo Center booing a free T-shirt giveaway near the end of a chaotic opening half Monday night in which Joel Embiid was ejected after drawing two technical fouls after being called for a charge against San Antonio Spurs star Victor Wembanyama.
First baseman Paul Goldschmidt and the New York Yankees are in agreement on a one-year, $12.5 million contract, sources told ESPN, pairing the 2022 National League MVP and seven-time All-Star with the American League champions in the midst of a significant overhaul.
The New York Yankees traded catcher Jose Trevino to the Cincinnati Reds for right-hander Fernando Cruz and catcher Alex Jackson, the teams announced Friday.
Right-hander Tomoyuki Sugano and the Baltimore Orioles have agreed to a contract, the team announced Monday night, uniting one of the most successful Japanese pitchers of his generation with a team in need of rotation help. The deal is for one year and $13 million, sources told ESPN.