The Writers Guild of America (WGA) has ratified a new labor contract with studios, ending a five-month strike. In a landslide vote, 99% of WGA members approved the deal running from September 25, 2023 through May 1, 2026. The agreement meets key WGA demands such as regulation of AI-written content and bonuses tied to viewership on streaming platforms. With the WGA strike resolved, focus now turns to the SAG-AFTRA negotiations as the future of Hollywood awaits the outcome. Yahoo Finance Senior Reporter Alexandra Canal analyzes the details of the WGA deal, providing insights on the ongoing SAG-AFTRA strike, and examining its economic impacts on the Los Angeles area. For more […]
Yahoo Finance breaks down the latest developments regarding the UAW strike against the Big 3 automakers Ford, Stellantis, and GM including negotiations, further walkouts, comments from UAW President Shawn Fain, and analysis on what investors should know about the impact on the automobile sector. #youtube #yahoofinance #cars Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment […]
Former Alameda Research CEO Caroline Ellison — and ex-girlfriend of Sam Bankman-Fried — testified in the criminal fraud trial against the FTX co-founder. Ellison, who herself pled guilty to several counts of fraud, walked prosecutors through how SBF directed her to defraud billions of dollars from customers of the crypto exchange. CoinDesk Editor Danny Nelson discusses the major takeaways from Ellison’s day in court and what this could mean for Bankman-Fried’s defense. “This is a little bit feeling like crypto itself is on trial,” Nelson explains, later adding: “In court today, Caroline was talking about how they really didn’t even know how much money they had loaned out.” For more […]
EV investment continues to ramp up, from government subsidies to the production of charging stations across the country. Yet the demand for electric vehicles remains low. One of the reasons for this seems to be affordability, considering inflation and higher interest rates, buying an EV is a costly affair. Recently, EV giant Tesla (TSLA) announced it would cut prices of its slower-selling models to help affordability. This calls into question whether or not the continued investment is worth it. Ronald Jewsikow, Guggenheim Securities Vice President – Automotive Equity Research, and Craig Irwin, ROTH Capital Partners Senior Research Analyst, join Yahoo Finance Live to discuss what investors should consider when buying […]
#youtube #China #yahoofinance China’s ongoing property crisis is continuing to take its toll on Country Garden. The property developer is warning that it will be unable to make a debt payment worth about $60 million, which is a big concern given that it has about $187 billion in liabilities. Yahoo Finance’s Akiko Fujita explains the company’s announcement. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage […]
California passed two new climate laws that require public and private businesses to disclose emissions and climate-related risks. The Climate Corporate Data Accountability Act requires public disclosure of greenhouse gas emissions for any business in California that has revenue of $1 billion or more. The Climate-Related Financial Risk Act requires disclosure of climate-related financial risks for businesses in California that have $500 million or more in revenue. The company must also outline measures to reduce risks. Callaway Climate Insights Founder and Editor-in-Chief David Callaway joins Yahoo Finance Live anchor Akiko Fujita to discuss climate risk in investing. “Investors are still very much interested in climate risk,” Callaway says, as “climate […]
Major real estate industry groups have called upon Fed regulators to cease further interest rate increases in order to stabilize the strained housing market. Yahoo Finance’s Dani Romero breaks down the letter the MBA, NAR, and NAHB sent to Fed Chair Jerome Powell and what impact these rate hikes are having on the U.S. housing market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your […]
The GOP candidate forum takes place today behind closed doors as Republicans scramble to elect a new House Speaker. The urgency behind the vote by secret ballot has intensified as the Israel-Hamas conflict escalates and another potential government shutdown looms. Former Rep. Joe Crowley (D-NY) joins Yahoo Finance anchor Akiko Fujita to discuss the increasing urgency for Congress to get its act together. Crowley affirms: “It’s incumbent upon all in our U.S government to stay steadfast and support the state, and get our acts together as soon as possible to give them the aid they [Israel] need to exist.” For more expert insight and the latest market action, click here […]
While geopolitical conflicts historically give rise to market uncertainty, investors may have a few more concerns about how to keep their money safe. SoFi Head of Investment Strategy Liz Young joins Yahoo Finance Live to break down how geopolitical events — like the Russia-Ukraine War and Hamas’ attacks on Israel — can impact the economy and investors’ choices. “These events are never what they seem at first blush,” Young notes, who expects investors to rush into utilities, bonds, and gold over geopolitical uncertainties. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo […]
Shares of Alibaba (BABA) and JD.com (JD) are higher in early trading as China is preparing for a new round of stimulus to support the country’s economy, according to a report from Bloomberg. Yahoo Finance’s Brad Smith and Seana Smith discuss the news and what it means for China. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #alibaba #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance […]
