Existing US home sales drooped to a 13-year low in October. National Association of Realtors (NAR) Chief Economist Lawrence Yun breaks down the unique set of circumstances weighing on homeowners and sellers in the US housing market. “The challenge is that with higher mortgage rates, it’s really hurting the first-time buyers from entering the market. First-time buyers, comprising less than 30% of all transactions, it should be closer to 40% in normal circumstance,” Yun tells Yahoo Finance Live. “So we have a divided market: homeowners doing well, yet the potential homebuyers, renters who want to be part of the ownership society, are struggling to get into the market.” For more […]
National Security Adviser Jake Sullivan provides an update on the Americans held hostage by Hamas. Rep. Mike Turner (R-Ohio), chair of the House Intelligence Committee, gives his assessment on the hostage releases and the status of congressional aid to Israel in its war with Hamas. Actor and advocate Selma Blair talks about her work on disability rights, following her 2018 diagnosis with multiple sclerosis. Brendan Buck, Leigh Ann Caldwell and Symone Sanders-Townsend join the Meet the Press roundtable. » 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. […]
The holiday shopping season’s marquee event is finally here: Black Friday. Retailers begin their promotions earlier and earlier every year, with stores pushing discounts as early as October in 2023. Jones Lang LaSalle Incorporated (JLL) President of Retail Naveen Jaggi joins Yahoo Finance Live anchors Seana Smith and Brad Smith to talk retail sales data and the strength of the US consumer. The US consumer is as resilient as ever, and they have proven time and time again, they will spend when given the opportunity to spend, and no better example than when we came out of the pandemic… when we saw the whiplash at a mass of 60-70% year-over-year […]
During the pandemic, a lot of people couldn’t go to the gym. Those days are now behind us with Orangetheory Fitness Co-Founder and CEO Dave Long telling Yahoo Finance Live that though digital is “not going anywhere,” gym-goers still want the “in real life” experience. On the topic of pricing, Long says that Orangetheory has done more promotional activity such as free classes to show the value the fitness company offers in a bid to take “price out of the mix.” #youtube #exercise #youtube Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and […]
Stellantis (STLA) will partner with Chinese battery manufacturer Contemporary Amperex Technology Co., or CATL, to open a EV battery factory in Europe. The automaker signed a non-binding Memorandum of Understanding, or MoU, with CATL to localize the supply of lithium iron phosphate batteries and cells to power the automaker’s EV production in Europe. It comes as a new report from Goldman Sachs, which predicts EV battery prices will fall a whopping 40% by 2025. Yahoo Finance Senior Reporter Pras Subramanian joins the Live show to break down the partnership and Goldman Sachs report. For more expert insight and the latest market action, click here to watch this full episode of […]
Amid the holiday shopping rush, thieves are targeting and sometimes taking delivery trucks with packages inside. NBC News’ Maggie Vespa has more on what authorities are saying. » 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 News Shows. Connect with NBC News Online! NBC News […]
SCrude oil prices (CL=F, BZ=F) slipped on news that the OPEC+ meeting between member countries has been pushed back to Thursday, November 30, unleashing uncertainty onto energy markets over the extent of OPEC’s production cuts. CIBC Private Wealth Senior Energy Trader Rebecca Babin sits down to talk about the price action manifesting in the oil market on rising demand heading into 2024. “Right now, it’s a ‘sell the rally, be short crude.’ 2024 isn’t going to perform as well as 2023,” Babin says. “I think we have overshot, I think the fundamental base case is we trade in that $80-85 range. And we’ll get back there.” For more expert insight […]
As the holiday shopping season kicks off and stores are counting their receipts from Black Friday, the early data is shedding light on whether the season will be bright for retailers. NBC News’ Brian Cheung gives a first look at retail numbers. » 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 […]
Derek Chauvin, the former Minneapolis police officer convicted in the murder of George Floyd, is hospitalized after he was stabbed at the Arizona prison where he is serving a more than 20-year sentence. NBC News’ Liz Kreutz reports. » 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 […]
Investors could be shifting tones on AI as global regulators shift on Sam Altman’s ousting as OpenAI CEO and swift reinstatement five days later. With ties to Microsoft (MSFT) — a 49% stakeholder in the artificial intelligence firm — stronger than ever, regulators worry Altman and OpenAI’s connections to the tech giant will make way for an “acquisition without an actual acquisition.” Axios Tech and Policy Reporter Ashley Gold and Duke University Professor and Venture Capitalist Sultan Meghji join Yahoo Finance Live to discuss the types of guardrails lawmakers will want moving forward as similar shakeups could muddy the waters on transparency and antitrust issues. Meghji — former CIO of […]
