The persistent rise in mortgage rates has cast a shadow over the housing market. A recent report from the National Association of Home Builders (NAHB) revealed that the index that tracks homebuilder confidence plunged 6 points in May — suggesting that homebuilders currently perceive the conditions for building as unfavorable in this higher-for-longer interest rate environment. 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) – Follow Yahoo […]
U.S. President Joe Biden announced that semiconductor tariffs will increase from 25% to 50% by 2025, and tariffs on electric vehicles will rise from 25% to 100%. President Biden spoke at a White House event on May 14, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #biden #joebiden #bidenadministration #semiconductor #semiconductors #semiconductorstocks #china #chinanews #us #economy #2024shorts #2024
Both Big Tech and US lawmakers are willing to spend tens of billions of dollars in the next few years to further develop and adopt AI models. But while more companies are unveiling new artificial intelligence products, are these offerings actually going to bring about the results and drivers they are looking for? BCG Global Chair Rich Lesser sits down with Catalysts to talk about the transition tech companies need to take to transition AI projects into “tangible” outcomes. “And the challenge is if you take a ‘thousand flowers bloom’ approach, you don’t translate anything into real outcomes at scale. And so we see companies more and more focused on […]
April’s Consumer Price Index (CPI) data was released on Wednesday, falling in line with expectations with a 3.4% year-over-year rise. Core CPI also matched estimates year over year, signaling inflation’s potential easing. EY Chief Economist Gregory Daco and Academy Securities Head of Macro Strategy Peter Tchir join The Morning Brief to discuss the CPI data and the impact it may have on the overall market. Daco suggests that a disinflation trend is picking up: “I think this recent retail sales report, while not alarming, does show that consumers are exercising a little bit more scrutiny. That’s generally disinflationary. I think that disinflation momentum will continue or probably hit an inflation […]
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) – 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/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #biden #president #joebiden #china #import #imports #2024 #outlook #2024shorts
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) – 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/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #biden #joebiden #joebidenspeech #bidenadministration #bidenvstrump #china #tariffs #tariff
While the company is seeing improvement from Chinese consumers, Zino is unsure whether that momentum will be sustainable through the end of the year. #youtube #news #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) – 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/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
The Biden administration’s decision to raise tariffs on $18 billion worth of imports from China has sent ripples across various sectors, including semiconductors and aluminum and steel. The new trade policy particularly targets China’s electric vehicle sector, where tariffs have quadrupled from 25% to a staggering 100% to “protect the American autoworkers” according to President Biden. Yahoo Finance’s Pras Subramanian breaks down the details, discussing how this will impact the sector moving forward. 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 […]
In an exclusive interview with Yahoo Finance, President Biden spoke with Yahoo Finance Executive Editor Brian Sozzi about inflation, jobs and Americans’ sentiments of uncertainty. This interview took place on May 14, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #2024shorts #2024 #joebiden #biden #bidenadmin #bidenadministration #inflation #outlook
Recent economic data, such as Tuesday’s hotter-than-expected Producer Price Index (PPI) reading, suggest inflation is not moving as swiftly as hoped toward the Federal Reserve’s 2% target. Verdence Capital Advisors Chief Investment Officer Megan Horneman joins The Morning Brief to give insight into how the markets are moving and why the Fed will need to adopt a more hawkish tone to rectify the current inflationary trend. Horneman explains that beyond the recent PPI report, there have been other economic warning signs: “This isn’t the only report that has warned us that inflation is not going in the right direction. You can look at the ISM Manufacturing Report. You can look […]
