Archive List for News

Former House Speaker Kevin McCarthy to leave Congress

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yahoo finance

#kevinmccarthy #congress #congress #yahoofinance Former House Speaker Kevin McCarthy (R-California) has announced he will leave Congress at the end of the year. In The Wall Street Journal, McCarthy writes that he has “decided to depart the House at the end of this year to serve America in new ways,” adding that “I know my work is only getting started.” Yahoo Finance Live reports on the breaking story. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information […]

LIVE: NBC News NOW – Dec. 7

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CNBC

NBC News NOW is live, reporting breaking news and developing stories in real time. We are on the scene, covering the most important stories of the day and taking deep dives on issues you care about. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC […]

Apple stock feeling the holiday cheer, surpassing $3T mark

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yahoo finance

#apple #holiday #yahoofinance Tech giant Apple (AAPL) has hit the $3 trillion mark in terms of market cap for the first time since August, and is set for its best yearly performance since 2020. While sales have improved on the back of the release of the iPhone 15, analysts remain focused on the company’s current sales cycle as well as its performance in China – a key market for the company – and whether changes in consumer trends may impact the company’s bottom line going into the new year. Yahoo Finance’s Diane King Hall and Brad Smith weigh in on Apple’s journey throughout the year—and outlook for 2024. About Yahoo […]

Grand Theft Auto 6 trailer is released, here’s what investors should know about TakeTwo stock

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yahoo finance

Take-Two Interactive’s (TTWO) Rockstar Games released the first trailer for Grand Theft Auto VI early after it was leaked. Now, it’s already set to break records on YouTube. Oppenheimer Senior Analyst of Emerging Technologies and Services Martin Yang joins Yahoo Finance Live to take a closer look at what the response to the trailer could indicate for the stock. Hang notes that there is no direct point of reference to suggest potential sales, but there are “indirect signals” such as likes, which have far exceeded past trailers. However, the game will not be released until 2025. Is it too soon to buy Take-Two now? Yang says no, “we’re happy to […]

Presidents of MIT, UPenn and Harvard testify on Capitol Hill over rise in antisemitism on campuses

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CNBC

The presidents of MIT, UPenn and Harvard testified on Capitol Hill today about how to protect free speech and student safety while combating antisemitism and Islamophobia. NBC News’ Stephanie Gosk reports. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 […]

Millions in Pacific Northwest under flood alerts as multiple storms hit region

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CNBC

Millions of people in the Pacific Northwest are under flood alerts as multiple storms bring unrelenting rain to the region. Rescue crews are on high alert and accidents are piling up. NBC News’ Miguel Almaguer has the latest weather updates. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. […]

Mortgage rates, home prices should fall in 2024: Economist

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yahoo finance

2023 has been a turbulent year for the housing market as 30-year fixed mortgage rates flirt with 8% while housing prices continue rising. Housing Inventories and potential home buyers have dropped off as a result. Redfin Chief Economist Daryl Fairweather joins Yahoo Finance to discuss why the housing market may have some relief on the horizon and trends in the US housing market for 2024. “In the most likely scenario, we expect rates to come down to around 6.5-6% by the end of the year, which isn’t a huge relief but it’s enough to make hundreds of dollars of a difference for a potential homebuyer,” Fairweather says. For more expert […]

Market’s 2024 hopes for rate cuts are ‘overdone’: BlackRock

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yahoo finance

BlackRock (BLK) released its 2024 outlook, avoiding concrete predictions on potential Fed rate cuts despite recent market moves betting on easing monetary policy. With analysts divided on whether the Fed engineers a soft landing or the economy ultimately heads into a recession, BlackRock states that post-pandemic data has not shown reliability for confident projections. Against this backdrop of uncertainty, Yahoo Finance’s Josh Schafer analyzes BlackRock’s perspectives, providing insights into its cautious tone on the trajectory of inflation heading into the new year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock […]

U.S. job openings fall to 8.7 million in October, suggesting a cooling labor market

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yahoo finance

The latest Job Openings and Labor Turnover Survey (JOLTS) data released Tuesday morning shows US job openings decreased to 8.7 million in October, the lowest level since March 2021. Sectors recording fewer openings included healthcare, social assistance, finance, insurance, real estate, and rentals. However, the information industry saw openings rise by almost 39,000. The JOLTS report lands ahead of Friday’s anticipated jobs data. Yahoo Finance’s Jared Blikre analyze the fall in openings and what the weakening labor demand indicates for the market. #youtube #stockmarket #job About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help […]

Stock market outlook: Investors shouldn’t be on autopilot in 2024: Truist Co-CIO

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yahoo finance

Investors are gearing up for 2024 and trying to figure out how to allocate their investments. Truist Co-Chief Investment Officer Keith Lerner joins Yahoo Finance Live anchors Seana Smith and Brad Smith to provide insight on what investors should consider doing with their portfolios. Lerner advises investors to be prepared to “shift within the market” depending on what economic data shows. So what sort of catalysts should investors be looking for to make a shift? Lerner says to look to see what the market oversold or overbought, earnings trends, and relative price strength. If two out of those three things are moving in a certain direction, that would “lead us […]