Archive List for Savings

This time last year, analysts were gloomy on the stock market outlook, given the war in Ukraine, the prospect of higher interest rates and expectations of a recession. Yet 2023 is proving the exact opposite, with the S&P 500 up more than 19% as of Monday, driven by strong outperformance among megacaps like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Nvdia (NVDA). So what’s in store for 2024? Analysts are offering bullish predictions—with calls from Deutsche Bank and BMO hinting at a potential 13% rise in the S&P500 (^GSPC)—emphasizing the need to navigate the evolving dynamics in the coming year. Yahoo Finance’s Market Reporter Jared Blikre weighs in on analysts’ […]

The holiday shopping season’s marquee event is finally here: Black Friday. Retailers begin their promotions earlier and earlier every year, with stores pushing discounts as early as October in 2023. Jones Lang LaSalle Incorporated (JLL) President of Retail Naveen Jaggi joins Yahoo Finance Live anchors Seana Smith and Brad Smith to talk retail sales data and the strength of the US consumer. The US consumer is as resilient as ever, and they have proven time and time again, they will spend when given the opportunity to spend, and no better example than when we came out of the pandemic… when we saw the whiplash at a mass of 60-70% year-over-year […]

Stellantis (STLA) will partner with Chinese battery manufacturer Contemporary Amperex Technology Co., or CATL, to open a EV battery factory in Europe. The automaker signed a non-binding Memorandum of Understanding, or MoU, with CATL to localize the supply of lithium iron phosphate batteries and cells to power the automaker’s EV production in Europe. It comes as a new report from Goldman Sachs, which predicts EV battery prices will fall a whopping 40% by 2025. Yahoo Finance Senior Reporter Pras Subramanian joins the Live show to break down the partnership and Goldman Sachs report. For more expert insight and the latest market action, click here to watch this full episode of […]

Investors could be shifting tones on AI as global regulators shift on Sam Altman’s ousting as OpenAI CEO and swift reinstatement five days later. With ties to Microsoft (MSFT) — a 49% stakeholder in the artificial intelligence firm — stronger than ever, regulators worry Altman and OpenAI’s connections to the tech giant will make way for an “acquisition without an actual acquisition.” Axios Tech and Policy Reporter Ashley Gold and Duke University Professor and Venture Capitalist Sultan Meghji join Yahoo Finance Live to discuss the types of guardrails lawmakers will want moving forward as similar shakeups could muddy the waters on transparency and antitrust issues. Meghji — former CIO of […]

Yahoo Finance Live sits down with Annex Wealth Management Chief Economist and Strategist, Brian Jacobsen, to discuss the probability of another rate hike. Jacobsen says the Fed’s decision to “proceed carefully” with rate hikes going forward is wise following what he described as them previously “proceeding recklessly.” However, he notes that yields reaching around 4.5% does risk additional hikes. Jacobsen explains that typically the level of yields itself is not problematic, but rather the speed at which rates change. He states that more stability in interest rates “aids business owners and consumers in long-term planning” by giving them time to adapt to the shifting economic landscape. However, the uncertainty surrounding […]