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Gold Futures Settle Higher For The Day, But Shed 0.5% In Week

NCAA hires outside law firm to review inequities between women’s and men’s college basketball tournaments

The NCAA has hired an outside law firm to review gender equity issues in its athletic championships after numerous complaints pointed out inequities in facilities and amenities between the men's and women's basketball tournaments.

In a statement issued Thursday, NCAA president Mark Emmert said the organization has hired Kaplan Hecker & Fink LLP "to evaluate our practices and policies and provide recommendations on steps we can take to get better."

On its website, the firm says that one of its specialties is employment and discrimination matters, including Title IX and gender equity cases.

"The NCAA will continue to aggressively address material and impactful differences between the Division I Men’s and Women’s Basketball Championships," Emmert said. "While many of the operational issues identified have been resolved, we must continue to make sure we are doing all we can to support gender equity in sports. As part of this effort, we are evaluating the current and previous resource allocation to each championship, so we have a clear understanding of costs, spend and revenue."

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Steve Wynn company flips Palm Beach, Florida home for $5.2M profit after 3 months

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Casino mogul Steve Wynn walked away from a Palm Beach, Florida, property with a jackpot.

A company controlled by the billionaire just flipped a waterfront home in the beach community for $23.68 million that it had purchased in December for $18.4 million, the Palm Beach Daily News reported.

The 7,273-square-foot Mediterranean-style home sits on the Intracoastal Waterway with 155 feet of water frontage and a private dock, according to former listing details.

STEVE WYNN LISTS LOS ANGELES MANSION, A ‘PERSONAL RESORT,’ FOR $110M

The 2020-built home features four bedrooms, five bathrooms and one half-bath. It also has a glass wine cellar, a fireplace and an elevator.

Outside, there’s a covered balcony, a 40-foot pool with a sun shelf and a spa.

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The buyer in the second sale was an attorney from Cincinnati, Ohio, the Daily News reported.

Wynn, the co-founder and former CEO of Wynn Resorts who resigned in 2018 amid sexual misconduct accusations, has a net worth of $3.2 billion, according to Forbes. He still owns two other homes in Palm Beach, the Daily News reported.

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March Madness schedule, odds and TV info for Saturday’s women’s NCAA Tournament Sweet 16 games

The NCAA women's basketball tournament resumes Saturday with four Sweet 16 games.

The fireworks will begin early. 

In the first game of the day, the No.1 Connecticut Huskies take on the No. 5 Iowa Hawkeyes in a game that will put two of college basketball's most impressive freshmen on center stage. 

Paige Bueckers, who was called "the best player in basketball already," by Huskies legend Diana Taurasi, leads the way for UConn. Iowa answers with Caitlin Clark: the nation's leading scorer who also ranks second in the country in assists. 

The Huskies have reached the Elite Eight in every NCAA Tournament since 2005. Can Clark and the Hawkeyes halt them? 

BRACKETS: How are your NCAA Tournament picks looking?

Gold Futures Settle Higher For The Day, But Shed 0.5% In Week

Gold futures ended higher on Friday but still posted a weekly loss as the dollar’s continued strength dimmed the demand for the safe-haven asset.

As risk sentiment improved thanks to strong U.S. economic data and progress on vaccination rollouts, equities gained in strength.

The dollar index, which rose to 92.87, was last seen at 92.80, up nearly 0.3% from the previous close.

Gold futures for April ended up $7.20 or about 0.4% at $1,732.30 an ounce. Gold futures shed 0.5% in the week, the first weekly loss in three weeks.

Silver futures for May finished higher by $0.067 at $25.114 an ounce, while Copper futures for May settled at $4.0680 per pound, gaining $0.0900.

A report released by the University of Michigan showed U.S. consumer sentiment improved by even more than previously estimated in the month of March.

The report said, the consumer sentiment index for March was upwardly revised to 84.9 from the preliminary reading of 83.0. Economists had expected the index to be upwardly revised to 83.6.

The consumer sentiment index is well above the final February reading of 76.8, reaching its highest level since hitting 89.1 in the same month a year ago.