Archive List for yahoo finance

RFK Jr to run as an Independent, Rep. Kevin McCarthy says he’s willing to return as Speaker

Robert F. Kennedy, Jr. decided to abandon his run in the Democratic primary and will instead run as an independent candidate. Now both Democrats and Republicans are worried as to how this decision could swing voters away from either candidate during the election, potentially favoring one over the other. Rep. Kevin McCarthy (R-Ca.) made comments during Hugh Hewitt’s syndicated radio program that he was willing to be reinstated as Speaker of the House if that’s what Republican lawmakers want. Yahoo Finance Senior Columnist Rick Newman joins the Live show to discuss the latest headlines in U.S. politics. For more expert insight and the latest market action, click here to watch […]

AI and the software revolution: What investors need to know about this technology

Yahoo Finance’s Tech Editor Dan Howley examines how AI is transforming the next generation of products that are causing a software revolution, privacy and labor concerns, plus the impact on society with this evolving technology that is here to stay. Big Tech companies Google, Microsoft, and Apple are leading the charge with new developments in software that are helping to create futuristic products with the goal of boosting sales. Howley also breaks down what investors need to know about AI and how they should navigate this space. #youtube #Google #Microsoft #Apple Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio […]

Israel-Hamas conflict adds new layer of uncertainty to markets, Strategist says

A series of deadly attacks between Israel and Hamas pressured the broader markets Monday as investors raised concerns about escalating geopolitical tensions and fears of a wider conflict. Tematica Research CIO Chris Versace joins Yahoo Finance Live to make sense of the market’s reaction. The Israel-Hamas conflict is “another layer of uncertainty that the market’s dealing with,” Versace says, listing off multiple labor strike movements, the economic narrative behind the Fed’s next interest rate move, and upcoming CPI and PPI data prints as other market-moving events. “[There’s] a lot of uncertainty coming into this week, but even more so as we start the week off,” Versace notes. For more expert […]

2023 Housing market is more like the 1980s, not 2008: BofA economists

Bank of America (BAC) economists say that today’s housing market is reminding them more of the 1980s, not what the U.S. saw in the 2008 financial crisis. The similarities the economists point to include high inflation and high interest rates. However, there is one key difference between the market of today and the market of 40 years ago. Yahoo Finance’s Dani Romero explains what it is in the video above. 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 […]

UAW members at Mack Trucks go on strike after rejecting agreement

On Sunday, autoworkers at Volvo’s (VOLCAR-B.ST) Mack Trucks decided to join picket lines. Four thousand workers cast their votes against a tentative agreement, opting instead to strike across plants in Pennsylvania, Florida, and Maryland. Yahoo Finance’s Pras Subramanian breaks down the details, giving insights on all ongoing UAW strikes. 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 #yahoofinance #UAW 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 […]

Israel at war with Hamas: US moving warships to the region

The Israeli defense minister has imposed a complete blockade on the Gaza Strip, disrupting the flow resources to over 2 million people. This action follows a surprise attack by Hamas fighters on Israel. So far, there have been more than 1,200 casualties in the conflict. Yahoo Finance Senior Columnist Rick Newman discusses the potential repercussions in the Middle East and the impact on the United States as they are allies with Israel. 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, […]

FTX trial looks like ‘guilty plea in slow motion’: Former prosecutor says

Former FTX (FTT-USD) CEO Sam Bankman-Fried has wrapped up the first week of testimony in his criminal fraud trial. SBF stands accused of defrauding investors and mishandling customer deposits leading to the crypto exchange’s collapse. Prosecutors have charged him with various counts of fraud and money laundering that could potentially result in a maximum sentence of life in prison if convicted. The prosecution has aimed to portray Bankman-Fried as knowingly misleading investors and misappropriating billions in client assets — Bankman-Fried’s defense maintains he never acted maliciously. According to Nick Ackerman, the Former Assistant U.S. Attorney for the Southern District of New York, Bankman-Fried faces an uphill battle against the charges: […]

What September’s jobs report means for interest rates, the Fed, markets, and the economy

Yahoo Finance breaks down the September jobs report, the outlook for employment and a recession, plus what it means for the economy, markets, inflation, and future rate hikes. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #inflation #stockmarket 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 ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, […]

Michelin Guide to add hotel rating system in addition to restaurants

The Michelin Guide announced today that it will add hotels to its rating system by giving worthy hotels a Michelin Key, a special distinction to be implemented starting in 2024. Yahoo Finance’s Josh Schafer, Alexandra Canal, and Brooke DiPalma discuss the addition to the Michelin Guide and their feelings behind its relevancy. 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 #stockmarket #michelin 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 […]

Real Estate: Mortgage rates continue to rise, pushing some potential homebuyers out of the market

#youtube #stockmarket #news With 30-year mortgage rates sitting high above 7% and mortgage applications slowing significantly, when — and where — will prospective U.S. homebuyers find relief? Redfin (RDFN) CEO Glenn Kelman sits down with Yahoo Finance to explain the factors squeezing Americans out of the housing market, including the combo of elevated mortgage and interest rates, and noticeable regional and generational trends for homebuyers. “Chicago is doing better, Florida is doing better, Texas has mostly been doing better,” Kelman says. “It’s the West that’s really struggling, and especially Oregon and California. People are fleeing high-tax states and that trend has mostly not reversed.” For more expert insight and the […]