Archive List for News

Holiday retail sales will be ‘most surprising’ in 3 years, economist says

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yahoo finance

#holidays #holidayshopping #retail #unemployment #yahoofinance The US Misery Index — a composite measurement of unemployment and inflation rates — is on track to end 2023 at 6.8%, its lowest level since the COVID-19 pandemic. While consumers continued to spend through the holiday shopping season, how is the Misery Index becoming apparent in consumer sentiment? Robertson Stephens Chief Economist Jeanette Garretty details the trends seen in recent consumer spending patterns and the data that may serve as a “check engine light” in 2024. “There is very little… economic evidence that consumer sentiment directly feeds into those near-term spending patterns — it is really driven by income. Income is up,” Garretty explains […]

Nightly News Full Broadcast – Dec. 29

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CNBC

Monster waves on West Coast causing flooding, evacuations and ocean rescues; Holiday season brings record travel to U.S. airports; Russia unleashes massive aerial attack on Ukraine; and more on tonight’s broadcast. 00:00 Intro 01:37 California hit by massive rogue waves 04:20 Millions flying on one of the busiest travel days 06:23 Maine official rules Trump ineligible for primary ballot 08:46 Russia’s biggest air assault on Ukraine kills dozens 10:31 Gaza girl’s dramatic rescue after airstrike 12:49 Intel assessment: China balloon used U.S. internet provider 13:12 Stocks finish 2023 with big gains 13:28 Cities on higher alert for New Year’s Eve 15:56 University chancellor who made adult films fired 18:29 Couples […]

University of Wisconsin-La Crosse chancellor terminated after being asked about adult videos

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CNBC

Dr. Joe Gow, the chancellor of the University of Wisconsin-La Crosse, was terminated after nearly 17 years of service. Gow says the school asked about the pornographic videos that he and his wife star in. The university hasn’t specified why Gow was terminated but says his actions were “abhorrent.” NBC News’ Jesse Kirsch reports. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking […]

Father and daughter found alive in rubble after Israeli airstrike in Gaza

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CNBC

Amid Israel’s airstrikes on Gaza, Palestinians dug a 10-month-old baby out of the rubble and her father, who was found feet away. The father and daughter were reunited but other members of their family lost their lives. NBC News’ Josh Lederman reports on the war. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from […]

Russia unleashes massive aerial attack on Ukraine

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CNBC

Ukrainian President Zelenskyy says 158 missiles and drones swarmed the country in what Ukraine calls Russia’s biggest aerial attack yet. NBC News’ Matt Bradley has more details on the incident that left dozens dead and more than 100 injured. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect […]

Biden’s biggest challenges in the 2024 election

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yahoo finance

Yahoo Finance Senior Political Columnist Rick Newman breaks down some of the challenges facing President Biden as he fights to get reelected in 2024 amid high food prices, inflation, and low approval ratings. #youtube #2024election #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 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: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Fed outlook for interest rates in 2024 and economic factors that could indicate a soft landing

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yahoo finance

The Federal Reserve has been at the center of much of the discussion throughout Wall Street for 2023, speculating the nature of monetary policy decisions and their forward impacts. The discussion persists into 2024 as inflation appears to be cooling down, and it becomes increasingly likely the Fed plans to cut interest rates. GLOBALT Investments Senior Portfolio Manager Keith Buchanan and Interactive Brokers Chief Strategist Steve Sosnick join Yahoo Finance to discuss the Fed’s potential next moves and some of the factors that could indicate a soft landing for the economy in 2024. Buchanan mentions financials as one sector that could deal with most scenarios: “We’re looking selectively, we’re warming […]

How rate cuts could impact stocks in 2024, plus why investors should consider ‘dividend aristocrats’

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yahoo finance

As the last trading day of 2023 comes to a close, investors are eagerly looking ahead to 2024 for new investment opportunities. 2023 was the year of the Magnificent Seven and the S&P 500 (^GSPC), but is there something new to consider ahead of cooling inflation and potential interest rate cuts? Roundhill Investments Chief Strategy Officer Dave Mazza joins Yahoo Finance Live anchors Madison Mills and Julie Hyman to give insight into what is being referred to as “dividend aristocrats” and why they should be considered for investor portfolios in 2024. “So a dividend aristocrat is a company that has increased their dividend each and every year for 20 or […]

Stocks: Value stocks vs. growth stocks: Good Buy or Goodbye

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yahoo finance

In the latest edition of Yahoo Finance’s Good Buy or Goodbye, Julie Hyman is joined by Interactive Brokers Chief Strategist Steve Sosnick to weigh the benefits of choosing to invest in value stocks over growth stocks, outlined by thematic performances seen in 2023. “The Russell 1,000 value, which is what [the Vanguard Russell 1000 Value Index Fund ETF (VONV)] is based on, has a [price] of about 15… almost 16… so it’s really not very expensive,” Sosnick says on a value stock portfolio. “There is not a lot of downside from that regard. and the expectations for earnings are relatively modest. Call it about 5% is what that forward PE […]

Magnificent 7 and AI will continue to dominate in 2024, says analyst Ray Wang

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yahoo finance

The Magnificent Seven stocks — Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA) — dominated the tech landscape in 2023, and Constellation Research Founder and Principal Analyst R “Ray” Wang believes they could “definitely” continue leading into 2024 after driving two-thirds of the S&P 500’s (^GSPC) gains. Wang attributes their outperformance to AI, digital networks, and unmatched revenue growth. These core strengths with wide enterprise adoption position them to maintain index sway. Beyond the Magnificent Seven, Wang highlighted other names like Oracle (ORCL) and ServiceNow (NOW) also poised to “benefit from the AI boom.” For more expert insight and the latest market […]