NBA free agency rumors: Kevin Durant, Kawhi Leonard discuss playing together

first_img Related News Kawhi Leonard free agency rumors: Star wants Magic Johnson in Lakers meeting Lakers free agency rumors: L.A. emerges as ‘true threat’ to sign Kawhi Leonard Kevin Durant and Kawhi Leonard, two of the summer’s most-talented free agents, have been discussing potential scenarios that could put them on the same team next season. According to ESPN, which cited unidentified sources, the two possible teams that could sign them are the Clippers and the Knicks.  At one point, the Nets were considered the front-runners to land Durant, but it was reported Friday that Brooklyn was no longer the favorite. The Knicks believe they have a good chance to land Durant, but team owner James Dolan reportedly urged team executives to use “caution” regarding Durant’s Achilles. He wants to see test results and Durant’s projected prognosis before signing the All-Star.Leonard, on the other hand, opted out of the final year of his contract with the Raptors. He reportedly is set to meet with teams around the NBA and also has been linked to the Nets and Lakers. He will have a final meeting with the Raptors, and there’s been some speculation that he will stay in Toronto after winning an NBA championship.Free agency begins Sunday at 6 p.m. ET. Reporting w/ @RamonaShelburne: Kevin Durant and Kawhi Leonard have been discussing free agent scenarios that could include a future with them playing together. For now, there are two clear possibilities for them to sign into the same franchise: Clippers and Knicks. Story soon.— Adrian Wojnarowski (@wojespn) June 29, 2019The Athletic also reported that the Clippers believe pitching Durant on playing with Leonard is how they will be able to secure Durant, despite competition from the Nets. Durant declined his $31.5 million option with the Warriors to become an unrestricted free agent. It has been speculated that he will sign with a different team in free agency, but his long-term future became complicated when he ruptured his Achilles in the NBA Finals. He had surgery, but Warriors coach Steve Kerr said it’s likely he will miss all of next season as he recovers.  Kevin Durant free agency rumors: Superstar will meet with 4 teamslast_img read more

Economic Growth for Second Half of Year Expected to Improve

first_imgEconomic Growth for Second Half of Year Expected to Improve Despite recent market volatility, economic growth in the second half of the year is expected to improve, Fannie Mae says.The Economic and Strategic Research (ESR) Group found that consumer spending and other solid domestic fundamentals are forecasted to be key drivers of the rest of the year economic growth.“Our forecast for the year is largely unchanged despite recent market volatility. Fundamentals are positive, suggesting potential for some improvement in the fourth quarter,” said Doug Duncan, Fannie Mae’s chief economist.Various data reports over the last month reveal positive economic activity despite stock market volatility, Fannie Mae explained.According to the research and the Bureau of Labor Statistics job report, consumer spending rose in July and August, while full-time employment exceeded its pre-recession peak.“On balance, growth in the second half of the year is expected to come in higher, albeit modestly, than the first half,” the report said.Housing market strength was also highly unbothered by the volatile stock market, performing strong in a number of areas.“Continued strong performance of year-to-date home sales and modestly weakening leading indicators confirms that our prior forecast of existing home sales this year remains valid. However, lower actual and projected cash sales led us to revise slightly higher purchase mortgage originations,” Duncan noted.However, sub-par single-family construction was a little disappointing, causing Fannie Mae to lower their projected single-family starts projection for 2016.The research group expects that total mortgage originations will increase by about 25 percent for all of 2015, total production volume to fall about 18 percent, and the refinance share to decline about 15 percentage points.“Overall, we anticipate economic growth of 2.4 percent for 2015, up slightly from 2.1 percent in the prior forecast,” Duncan said. “Consumer and government spending as well as nonresidential and residential investment are expected to contribute to growth while net exports and inventory investment will likely pose headwinds.”Click here to view Fannie Mae’s full report. September 16, 2015 444 Views Sharecenter_img Board of Governors of the Federal Reserve System Economic and Strategic Research Fannie Mae 2015-09-16 Staff Writer in Daily Dose, Data, Headlines, Market Studies, Newslast_img read more