Archive List for Business

Job openings fall in October, lowest since 2021

The latest Job Openings and Labor Turnover Survey (JOLTS) data released Tuesday morning shows US job openings decreased to 8.7 million in October, the lowest level since March 2021. Sectors recording fewer openings included healthcare, social assistance, finance, insurance, real estate, and rentals. However, the information industry saw openings rise by almost 39,000. The JOLTS report lands ahead of Friday’s anticipated jobs data. Yahoo Finance’s Seana Smith and Brad Smith analyze the fall in openings and what the weakening labor demand indicates for the market. #youtube #jobs #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 […]

BlackRock receives $100K in seed funding for spot bitcoin ETF

A Securities and Exchange Commission filing revealed BlackRock (BLK) received $100,000 from a currently unknown seed investor for a proposed spot bitcoin ETF. Many companies, including Fidelity, Invesco, Grayscale, and others are patiently waiting for SEC approval for a spot bitcoin ETF. Bitcoin (BTC-USD) is up more than 20% for the month as sentiment grows bullish for the cryptocurrency on approval hopes. Yahoo Finance Jared Blikre joins the Live show to break down the latest numbers and developments surrounding BlackRock and bitcoin. #youtube #crypto #yahoofinance 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 […]

China’s credit rating downgraded, here’s what it means for Tesla, Apple, Nike, LVMH

Moody’s cuts its credit outlook for China’s government over rising debt, slowing economic growth, and risks in the nation’s property sector. Yahoo Finance Reporter Madison Mills joins the Live show discussion on how China-exposed companies Nike (NKE), Tesla (TSLA), Caterpillar (CAT), and Apple (AAPL) have been reacting to a slowing Chinese economy and how their own performances have been reflected in the Chinese market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and […]

Why home purchasing has slowed for older millennials

Economic uncertainty has dealt a heavy blow to the housing market. A Bank of America survey found over 50% of millennials view homeownership as more important nowadays than in previous generations. However, older millennials specifically are battling housing headwinds preventing them to successfully buy property. Yahoo Finance’s Dani Romero examines the pressing issues facing millennials seeking homeownership, including soaring student loan debt, rising credit card delinquencies, and other mounting costs like child care. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #realestate #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker […]

Consumer spending ‘will soften’ in 2024, CFRA analyst says

Consumer goods companies have been a hot topic of discussion amongst investors ever since Goldman Sachs predicted that the global weight loss drug market could become a $100 billion market by 2030. However, after Walmart (WMT) warned these drugs could be impacting its food sales, some investors became concerned about what it could mean for food-related stocks. Arun Sundaram, CFRA Analyst, joins Yahoo Finance to discuss the impact GLP-1 drugs have had on the market and whether investors should continue to be worried about the growing trend in its use. Sundaram says plainly: “I think the near-term reaction to these GLP-1 drugs are bit overblown, if you look at the […]

Stock Market Outlook 2024: On a bull case scenario S&P could reach 5,300, strategist says

RBC Capital Markets Head of U.S. Equity Strategy Lori Calvasina spoke to Yahoo Finance anchors Josh Lipton and Julie Hyman about the outlook for the stock market in 2024 and why she believes the S&P could reach 5,300. #youtube #stockmarket #investing Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Connect with Yahoo Finance: Check the latest news and data at finance.yahoo.com Follow Yahoo Finance on social: Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo […]

Gold hits record high as investors bet on weaker U.S. dollar in 2024

Gold (GC=F) prices retreated late Monday morning after hitting a record high of $2,100. Investors are betting that the Federal Reserve will start cutting rates next year. Bloomberg Intelligence Senior Macro Strategist Mike McGlone says prices are trying to hold on to the $2,000 support, which used to be a price of resistance. McGlone believes that gold purchasing will remain high, noting “the deepest pockets on the planet are buying gold. That’s central banks.” Overall, McGlone believes gold “is in the early days of a bull market.” Watch the video to hear why McGlone says “this is not our fathers’ gold market.” #youtube #Gold #stockmarket Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb […]

Fed officials warn rate cuts may not come as soon as investors think

Stocks (^DJI, ^GSPC, ^IXIC) are falling Monday morning as investors grow concerned that the Federal Reserve may not cut interest rates as soon as expected. Falling inflation and a slowing economy had led some on Wall Street to anticipate rate cuts potentially beginning in March 2024. However, recent comments from Fed officials have dampened hopes for an imminent policy pivot. Yahoo Finance’s Jennifer Schonberger analyzes the latest outlook from the Fed regarding monetary tightening, examining whether the central bank is likely to reverse course and begin lowering rates within the next year, or if further tightening is still on the agenda. For more expert insight and the latest market action, […]

Bitcoin climbs above $41k as investors weigh spot ETF

Yahoo Finance’s David Hollerith breaks down what is driving the price of bitcoin past $41,000. #youtube #bitcoin #stockmarket Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Connect with Yahoo Finance: Check the latest news and data at finance.yahoo.com Follow Yahoo Finance on social: Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

Fed rate cuts totaling 175BP and a mild recession in 2024: Deutsche Bank

Matthew Luzzetti, Deutsche Bank Securities Chief U.S. Economist breaks down his thesis for Fed rate cuts in 2024 and a soft landing. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Connect with Yahoo Finance: Check the latest news and data at finance.yahoo.com Follow Yahoo Finance on social: Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV