Hotter-than-expected inflation data brought into question a March rate cut from the Fed. Mohamed El-Erian, Allianz Chief Economic Advisor and President of Queens’ College at the University of Cambridge, shared his opinions on why ‘the U.S. still dominates in terms of economic growth, in terms of inflation performance, and in terms of its ability to attract money for future drivers of growth.’ Segment is from Yahoo Finance Live on February 15, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #stocks #us #economy #useconomy #update #2024 #outlook #economist
President Joe Biden addressed ‘shrinkflation’ and called out some of America’s favorite snack brands for inflation. Yahoo Finance’s Julie Hyman and Rick Newman discussed Biden’s new campaign, the U.S. economy, and inflation on February 13, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #stocks #biden #inflation #inflationnews #us #useconomy #2024 #joebiden
The International Monetary Fund (IMF) adjusted its global growth outlook for 2024, as the global economy continues to grow. IMF Chief Economist Pierre-Olivier Gourinchas joined Yahoo Finance Senior Reporter Jennifer Schonberger to explain the IMF’s new outlook for the global economic growth. This segment aired on January 30, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #stocks #imf #international #monetary #recession #useconomy #economy #2024 #outlook
President Biden spoke to a crowd in Superior, Wisconsin which highlighted American resiliency in the face of inflation. Biden claims that America has the lowest inflation rate of any major country in the world. President Biden spoke on January 25, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #biden #president #joebiden #joebidenspeech #live #inflation #outlook #2024 #us #economy
Mark Zandi, Moody’s Analytics Chief Economist, said that the Limit, Save, Grow Act will cost 800,000 jobs. Zandi testified to the Senate Budget Committee on May 4, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and […]
US financial authorities have seized California’s troubled First Republic Bank and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system. First Republic became the third major financial institution in the United States to fail in two months. The deal, announced early on Monday, will see JP Morgan take $173bn of loans, $30bn of securities and $92bn of deposits from the failed lender. There were no details on how much the banking giant would pay. “Our government invited us and others to step up, and we did,” JPMorgan’s CEO Jamie Dimon said in a statement. Al Jazeera’s Kristen Saloomey […]
A lack of affordable housing is contributing to an increasingly visible homeless crisis in the United States, prompting cities like New York and Los Angeles to declare emergencies. The Federal Home Loan Mortgage Corporation known as Freddie Mac estimates the country needs an additional 3.8 million housing units. Homeless shelters overflow in many places and that means those with criminal records and mental health issues are more likely to end up on the streets. Al Jazeera’s Kristen Saloomey reports from New York. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #NewYork #Homelesness #AffordableHousing […]
The economy, gas prices, abortion and immigration will be on the minds of US voters – when they head to the polls on November 8. The elections will be crucial for president Joe Biden and his democratic party. Al Jazeera’s Alan Fisher reports from the US capital, Washington, DC. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #2022Midterms #2022USMidtermElections #Inflation #Abortion
In the United States, and in California, there is increasing alarm over the number of over-fifties who find themselves living on the streets. They make up most of the more than half a million people there who are homeless. Many have been forced from their homes because they are unable to pay large increases in their rent. Al Jazeera’s Rob Reynolds has more from Los Angeles. Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #US #Homeless
US President Joe Biden is proposing to fund his $2.25 trillion economic programme by increasing taxes for the first time in nearly 30 years. The Biden administration’s ambitious plan to stimulate the coronavirus-hit economy will include investments in infrastructure, cleaner drinking water and green energy. But Republicans in Congress opposing the tax on corporate and high-earners say the sums involved are just too high. Al Jazeera’s Patty Culhane reports from Washington, DC, the US. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #PresidentBiden #infrastructureplan #GOP
