US Equities (^GSPC, ^DJI, ^IXIC) are trading higher on Thursday as the market reacts to the Federal Reserve’s updated Summary of Economic Projections. The data showed nine members believe three rate cuts will occur by the year’s end. Chair Jerome Powell also claimed the Fed is seeking to slow the shrinking of its $7.5 trillion balance sheet. Former Federal Reserve Bank of Kansas City CEO and President Esther George joins Yahoo Finance to discuss the economic backdrop for the Fed and give insight into how the Fed may shape its policy decisions moving forward. In terms of what the Fed will be looking for moving forward, George states: “We have […]
The United States Department of Justice has initiated an antitrust lawsuit against the tech giant Apple (AAPL), alleging that the smartphone manufacturer engages in monopolistic practices. According to the DOJ, Apple’s business model restricts competition, resulting in harm to both developers and consumers. Yahoo Finance’s Tech Editor Dan Howley breaks down the details, providing insights into the details of the suit. #youtube #APPLE #TECH 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 […]
The Federal Reserve has left interest rates unchanged, maintaining a target range for the federal funds rate at 5.25 to 5.5%. In the statement, FOMC officials say the Committee “judges that the risks to achieving its employment and inflation goals are moving into better balance.” The March release also includes an updated Summary of Economic Projections. That release shows nine officials see three rate cuts in 2024. Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports on the Fed’s decision. #youtube #FederalReserve #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 […]
Saudi Aramco CEO Amin Nasser told attendees at CERAWeek by S&P Global, a global energy conference, that global leaders should “abandon the fantasy of phasing out oil and gas.” When asked about those comments, ExxonMobil Chairman and CEO Darren Woods (XOM) tells Yahoo Finance’s Julie Hyman that things like wind and solar power and the rise of EVs are a “necessary but not sufficient set of solutions” to the energy transition. Instead, Woods proposes a “broader” set of solutions is needed, including things like carbon capture and storage, hydrogen, and biofuels. Woods credits the Inflation Reduction Act (IRA) for opening “the aperture on other opportunities to reduce emissions above and […]
Lithium Americas Corp. (LAC) received a conditional commitment from the U.S. Department of Energy (DOE) for a loan worth $2.26 billion. Lithium Americas plans to utilize this loan to invest in its Thacker Pass mining operation and to create a lithium processing plant. Yahoo Finance’s Ines Ferre breaks down the details on March 14, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #lithium #lithiumbattery #lithiumprice #us #useconomy #usa #usanews #2024 #outlook #federal #funding #project #2024shorts #whatyouneedtoknow
According to the latest Consumer Price Index (CPI) reading, the rise in grocery costs has decelerated significantly more than dining costs. Yahoo Finance Retail Reporter Brooke DiPalma joins the Live show to detail McDonald’s leading in the breakfast category compared to other fast food chains. #youtube #mcdonalds #food 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: […]
According to a report from Bank of America, US worker productivity has hit an all-time high. As productivity has increased, wage growth year-over-year has also seen a slight increase, meaning consumers are willing to spend more. Yahoo Finance Markets Reporter Josh Schafer joins the Live show to break down why the results do not comprise an ‘inflationary problem’ and how productivity can help company margins. #youtube #stockmarket #work 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 […]
Nvidia (NVDA) shares are on a continuous rise due to their early investment in AI. Costanoa Ventures Partner CEO Martina Lauchengco joined Yahoo Finance Live to discuss the important factors to consider when investing in AI-focused companies. This segment aired on March 13, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #ai #artificialintelligence #artificial #tech #technology #technologynews #aistock #aistocks #investing #chatgpt
Rainmaker Securities Managing Director Greg Martin discussed Reddit’s plans for its IPO debut, which includes setting aside about 1.7 million shares for certain platform users. Reddit’s S-1 filing shows it’s looking to raise up to $748 million at a $6.4 billion valuation. Martin joined Yahoo Finance Live on March 11, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks
#economy #biden #joebiden #stateoftheunion #yahoofinance President Biden will give his State of the Union address Thursday night, which will be imperative to his campaign for another term. While Biden’s age and health may be a top concern for viewers, for the President he will certainly tout his economic victories and challenges that lie ahead. Yahoo Finance Senior Columnist Rick Newman joins the Live show to give insight into the top economic points investors should look out for as the President delivers his State of the Union address. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This […]
