Archive List for Savings

The FDA approved gene-editing therapy Casgevy to treat sickle cell disease. Developed by Vertex Pharmaceuticals (VRTX) and CRISPR Therapeutics (CRSP), the one-time treatment harnesses gene editing advancements. Vertex CEO Dr. Reshma Kewalramani says the approach involves extracting a patient’s stem cells, correcting the defect in those cells using CRISPR gene editing tools, then re-infusing the edited cells into the patient – relieving painful symptoms. Patients who undergo this $2.2 million procedure may eliminate painful sickle cell crises called VOC’s. Kewalramani contrasts the cost against the $4-6 million lifetime price tag for conventional sickle cell management. #youtube #genetics #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, […]

While November jobs data outpaced economist expectations, many sectors are still struggling to fill roles, including cybersecurity. CrowdStrike (CRWD) CEO George Kurtz joins Yahoo Finance Live to weigh in on the necessary growth of cybersecurity jobs as widespread breaches become more sophisticated. “It’s incumbent on companies like CrowdStrike to be able to arm the people in the field to be able to create that multiplier effect, to be able to actually plug some of these holes, and it’s been something that’s obviously we’ve been focusing on extensively,” Kurtz says on the cybersecurity sector’s labor demand, also commenting on the use of AI to fight cyber threats. #yahoofinance #youtube #stockmarket About […]

It’s been just over a year since ChatGPT started to dominate headlines. The OpenAI platform introduced the world to generative AI, a type of AI that can be used in everyday functions. But what will 2024 bring? More AI. Bob O’Donnell, TECHnalysis Research President & Chief Analyst joins Yahoo Finance Live to discuss what the next wave of AI means for users, companies, and investors. Despite the craze over generative AI in the past year, O’Donnell says that not many people in the workforce have been directly using the applications, but that’s all going to change in the coming year. While everyday people are going to be using AI, businesses […]

Your Rich BFF Founder Vivian Tu shares her top strategies to build wealth, reduce debt, and maximize on investments across her social media, including TikTok and Instagram. Tu sits down with Yahoo Finance Live anchors Julie Hyman and Josh Lipton to discuss several of these methods, including the 50/30/20 Rule and taking advantage of high-yield savings accounts. “This is so easy because high-yield savings accounts are offered through FDIC-insured institutions, very similar to a traditional bank,” the financial influencer and Rich AF author says. “However, instead of giving you, I believe the national average right now is 0.46% in interest, a high-yield savings account will give you somewhere between 4 […]

Elon Musk is appealing his settlement with the Securities and Exchange Commission for his “funding secured” tweet all the way to the US Supreme Court. Musk argues the settlement is being used to infringe on his First Amendment rights. Yahoo Finance Legal Reporter Alexis Keenan explains the case. #youtube #elonmusk #Tesla 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 […]

This segment originally aired on December 8, 2023. Alphabet (GOOG, GOOGL) shares closed higher on Thursday, a day after Google unveiled its newest generative AI model, the Gemini chatbot. Created to handle text, images, video, and other content, Gemini comes in three versions — Ultra, Pro, and Nano — to compete with OpenAI’s ChatGPT and other rivals. The chatbot’s “natively multi-modal” feature is what Google believes will make it stand out—and will be available in Google smartphones including the Pixel 8 Pro, as well the Bard chatbox. Yahoo Finance Tech Editor Dan Howley analyzes Gemini’s features, examining its capabilities versus market alternatives, and talking about Google’s broader strategy moving forward. […]

The US added 199,000 jobs in the month of November according to the latest jobs data print, while consumer sentiment rose by 13.2% month-over-month alongside falling inflation expectations. Interactive Brokers Chief Strategist Steve Sosnick believes this combo of data should assuage recession risks while markets price in the Fed’s interest rate narrative for 2024.”Does [Fed Chair Jerome Powell] have his usual Goldilocks stance at the FOMC meeting where we get a little bit of this, little bit of that, and the market can read in what it wants?” Sosnick ponders to Yahoo Finance. “Or does he go a little more Grinch… at the meeting and sort of say, ‘Guys, you […]

Venezuelan President Nicolás Maduro has made calls to seize part of neighboring country Guyana that has newly discovered oil reserves. Yahoo Finance Senior Columnist Rick Newman expects a potential “skirmish” to occur in the region between Venezuela and Guyana, which could impact the Biden administration’s original easing of sanctions on Venezuela from October. 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 to help you manage your financial life. – Get the latest news and data […]

Analyzing the November jobs report released Friday morning, Commonwealth Financial Network CIO Brad McMillan spotlights the 10-year Treasury yield (^TNX) as a key metric to watch. He explains how yields have climbed on assumptions of imminent interest rate cuts by the Fed and expected economic slowdowns. However, stronger-than-expected hiring data challenges that narrative. McMillan believes the report signals economic acceleration rather than slowdown. Consequently, McMillan expects Treasury yields will face upward pressure after pricing in future economic data prints. 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 […]

According to the latest jobs report, the US added 199,000 jobs in the month of November while unemployment fell to 3.7%, both data points contrary to economists’ expectations. RSM Chief Economist Joe Brusuelas likens this labor print as “just another in a steady drumbeat of positive economic news,” while Wolfe Research Chief Economist Stephanie Roth believes markets could re-adjust after running with the Federal Reserve’s previous employment narrative. “By the time we get to the second half of next year, the Fed will be well-positioned to cut rates because we’re going to be headed towards 2.5% on core and top-line inflation by the end of next year,” Brusuelas tells Yahoo […]