Archive List for personal finance

Trump and Haley battle it out in New Hampshire, here’s why it matters on the road to the White House

The New Hampshire Republican primary has taken on high stakes, with former President Donald Trump and former South Carolina Governor Nikki Haley competing for a win that could decisively shift the trajectory of the race for the GOP nomination. Historically, the New Hampshire winner has gone on to capture the Republican selection in the last four presidential cycles. Currently, polls show Trump retaining a lead in the state with around 50% support. Haley trails the former president by 11 points. Yahoo Finance’s Rachelle Akuffo and Akiko Fujita break down the details. #trump #haley #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive […]

Why the tech sector has suffered massive layoffs

Tencent’s Riot Games (TCEHY, 0700.HK) announced it will lay off 11% of its staff, about 530 employees. The company joins a list of tech companies that have announced layoffs, bringing the total number to just short of 11,000 in 2024, according to Layoffs.fyi. Layoffs.fyi Creator Roger Lee joins Yahoo Finance to give insight into the recent round of layoffs in the tech sector and what it could mean for the broader labor market. “A lot of the recent layoffs are still about tech companies trying to overcorrect for their overhiring during the pandemic,” Lee says. “Given that the high interest rate environment and the tech downturn have both lasted longer […]

China considers $278B rescue package to stabilize markets

According to a Bloomberg report, China may enact a rescue package worth 2 trillion Chinese yuan — equivalent to upwards of $278 billion — to stabilize markets after massive losses tied to the pandemic. The stimulus plan aims to buoy the struggling Chinese economy and flailing equities markets. Yahoo Finance’s Seana Smith and Brad Smith break down the details. #youtube #stockmarket #China 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 you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) […]

BYD releases Yangwang U9, a $150K luxury EV supercar

Automaker BYD (BYDDY, 1211.HK) will release its EV luxury supercar, the Yangwang U9, at a staggering price tag of $150,000. The automaker had surpassed Tesla (TSLA) as the largest EV maker in terms of overall sales and looks to continue its global dominance. Yahoo Finance Reporter Pras Subramanian joins the Live show to break down the latest development for the company and what it could mean moving forward. #youtube #BYD #China 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 you manage your financial life. – Get the latest news and data at finance.yahoo.com […]

U.S. stocks are hitting record highs, but China is slumping

The S&P 500 (^GSPC) is hitting new highs thanks to a rally in tech stocks and hopes for a interest rate cut from the Federal Reserve. But the major indexes in China are slumping. Yahoo Finance’s Jared Blikre breaks down the charts. About Yahoo Finance: #youtube #stockmarket #yahoofinance Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ […]

2024 is year AI ‘starts to hit the mainstream’: Analyst

Market hopes riding on Big Tech’s fourth-quarter earnings results to set the tone for 2024. TECHnalysis Research, LLC President and Chief Analyst Bob O’Donnell breaks down several top tech stocks that will be in focus over the coming weeks, including companies betting big on AI this year. “The bottom line is I think we’ll start to see a few other companies besides Nvidia (NVDA) start to talk about some of that pipeline type of business,” O’Donnell tells Yahoo Finance. “And, again, it’s going to be broad-based because the thing about AI is… you’ve got the chips that drive it, you’ve got the software and services that enable it, and there’s […]

Bitcoin halving explained: What investors should know

#bitcoin #crypto #youtube 00:00:05 Bitcoin halving The price of Bitcoin (BTC-USD) has no shortage of catalysts – from the debate around regulation, to whether it’s a security or a commodity – and whether or not it really is digital gold. 00:00:13 Halving date But one event is undeniable in its impact on the world’s premier digital asset – the halving. Once every four years the reward for mining the biggest crypto currency is cut in half. This happens in order to reduce the amount of coins in circulation. 00:00:33: How is it calculated? It happens very specifically every time 210,000 blocks are mined. We can calculate the date fairly precisely […]

Red Sea tensions delay oil shipments from Saudi Arabia, Iraq

Crude oil shipments (CL=F, BZ=F) from Saudi Arabia and Iraq — totaling 9 million barrels — face delays stemming from shipping diversions amid escalating Red Sea conflicts, according to a Bloomberg report. Yahoo Finance Senior Reporter Ines Ferré monitors oil futures prices as tensions from Yemen Houthi rebel forces deter movement through international trade routes. #youtube #REDSEA #stockmarket 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 you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – […]

Oil demand growth projected to slow down nearly 50% in 2024: IEA

In a stark contrast from OPEC’s forecast for 2024, the International Energy Agency has projected oil demand growth (CL=F, BZ=F) to ease to 1.2 million barrels per day in 2024, which is nearly a 50% reduction from the 2.3 million barrels per day in 2023. The IEA cites economic headwinds, geopolitical conflicts, and potential reduction in demand due to EVs. Yahoo Finance Reporter Ines Ferré joins the Live show to break down the latest development in the energy sector. #youtube #OIL #yahoofinance 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 you manage your […]

Grayscale CEO says American voters want more crypto regulation

While the crypto world is abuzz with excitement after the Securities and Exchange Commission (SEC) approved trading of spot bitcoin ETFs, traditional investors are still awaiting further regulatory precautions before going in on crypto assets, according to a Harris Poll on Grayscale’s behalf. Grayscale CEO Michael Sonnenshein — whose company runs its own bitcoin trust ETF (GBTC) — sits down with Yahoo Finance’s Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland to discuss these poll results surveying American voters and whether crypto is on voters’ minds when casting their in the 2024 US presidential election. “When it comes to new technologies like crypto, like bitcoin, […]