Archive List for News

Old wallet found in Atlanta’s Plaza Theatre returned to owner’s family decades later

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CNBC

During a recent renovation of Atlanta’s Plaza Theatre, which dates back to 1939, workers found an old wallet behind a bathroom wall. The theater owner’s wife used the ID in the wallet to track down the person it belonged to and return it to her family. NBC News’ Tom Llamas shares more on the story. » 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 […]

Nightly News Full Broadcast – Dec. 27

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CNBC

Severe weather causing travel delays across country; Inside the largest Hamas tunnel discovered by the Israeli military; Fishermen discover man trapped in mangled truck under Indiana highway; and more on tonight’s broadcast. 00:00 Intro 01:19 Flight delays pile up with coast-to-coast storms 04:48 Michigan Supreme Court keeps Trump on primary ballot 05:48 Inside Hamas’s elaborate network of tunnels 07:42 Stranded driver rescued after chance encounter 09:38 New footage of desperate escape from Lahaina 12:52 New York Times suing OpenAI and Microsoft over using articles 13:18 Concerns over driverless car loophole 17:04 Old wallet found in Atlanta’s Plaza Theatre returned to owner’s family decades later » Subscribe to NBC News: https://www.youtube.com/user/NBCNews […]

How tech will let the S&P 500 continue its streak into 2024

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yahoo finance

#tech #sp500 #stockmarket #yahoofinance The S&P 500 (^GSPC) has been on the run recently, with the Magnificent Seven leading the charge and holding almost 30% of the index’s value. Wall Street is arguing over whether the S&P can maintain this momentum into 2024. Spouting Rock Asset Management Chief Strategist Rhys Williams joins Yahoo Finance to discuss the state of the stock market and whether or not it can continue its recent hot streak into the new year. Williams puts the current market in a historical context, pointing out a productivity boom in the mid-90s due to “the power of Cisco Technology with the client-server technology and the internet” and makes […]

Microsoft vs. NYT: AI copyright suit will be ‘complex’

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yahoo finance

#microsoft #nytimes #ai #copyright #yahoofinance The New York Times (NYT) is suing OpenAI and Microsoft (MSFT) for allegedly using millions of articles without permission to train its AI chatbots. MIT Initiative on the Digital Economy Director Sinan Aral and Newsroom Robots Podcast host Nikita Roy discuss the details of the copyright lawsuit and potential implications for the publishing industry with Yahoo Finance Live. Roy says she was “completely expecting” this scenario, suggesting the Times is “helping” smaller publishers lacking resources to take legal action. However, she notes accusing chatbots of infringement is “complex,” hinging on whether courts deem AI a tool or if liability falls on the user. Still, Roy […]

Investing in REITs: One stock to buy and one to avoid

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yahoo finance

#investing #reits #yahoofinance #realestate Real Estate Investment Trusts or REITs have been hit by issues such as high interest rates, lackluster return to office, and overall concerns about an economic slowdown. Infrastructure Capital Advisors CEO Jay Hatfield gives his take on the space in the latest Good Buy or Goodbye. Hatfield is buying Boston Properties (BXP) because he believes the stock will rally as interest rates fall and that it has an attractive valuation. He also likes the stock because, even though they do have office properties, Hatfield says they tend to cater to sectors that favor work from the office. A stock Hatfield is avoiding is Prologis (PLD), which […]

New sectors to consider as deflation ramps up: Strategist

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yahoo finance

#deflation #fed #investors #yahoofinance As more inflation data is released, many on Wall Street speculate as to when the Federal Reserve may cut interest rates within the first half of 2024. Investors maneuver through the confusion of how to best manage their portfolios as economic conditions fluctuate. Adam Phillips, Managing Director at EP Wealth Advisors, joins Yahoo Finance to give insight into market conditions and what he advises his clients to keep an eye on, including gold futures (GC=F) “Maybe investors have taken the Fed’s comments a little bit too far, but we certainly don’t want to fight the Fed and try to argue against what they’re obviously seeing and […]

Toyota breaks annual production record

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yahoo finance

#toyota #production #yahoofinance Toyota (TM) says it has broken an annual production record, with global output reaching 9.23 million vehicles from January to November. Sales for November showed a 13.6% increase, with strong demand noted in the U.S. and Europe. Yahoo Finance’s Senior Reporter Pras Subramanian reports on this story and the ongoing controversy with the automaker’s subsidiary, Daihatsu. 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. – […]

JPMorgan now valued more than BofA, Citi combined: BBG

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yahoo finance

#jpmorgan #bofa #citi #yahoofinance JPMorgan Chase & Co. (JPM) is now worth more than competitors Bank of America (BAC) and Citibank (C) combined after 2023 consolidations and shakeups in the regional banking sector, according to a Bloomberg report. Yahoo Finance Senior Reporter David Hollerith joins the Live show to summarize the state of the financial sector (XLF) and the outlook and challenges for these major banks. 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 […]

Fmr. Fed president explains why the Fed should remain on pause

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yahoo finance

#fed #federalreserve #interestrates #yahoofinance The Federal Reserve is maintaining a policy of keeping rates higher for longer. With inflation cooling, many on Wall Street now think the Fed will start rate cuts as early as May 2024. Former Kansas City Fed President Esther George joins Yahoo Finance to weigh in on the Fed’s policies and the outlook for inflation going forward. George comments on the potential of the Fed’s next move: “As we’ve seen, coming out of that last FOMC meeting, there was a tremendous response of anticipating rate cuts and I think the caution for me, is that the Fed is not at its 2% target. They are being […]

‘There’s no doubt’ Nvidia will see growth in 2024: Analyst

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yahoo finance

#nvidia #2024 #yahoofinance Nvidia (NVDA) stock skyrocketed over 230% in 2023, sparking debates on whether more upside lies ahead for the chipmaker in 2024. Moor Insights & Strategy Founder, CEO and Chief Analyst Patrick Moorhead and veteran tech investor Paul Meeks join Yahoo Finance Live to discuss their views on the semiconductor player. On growth prospects, Moorhead believes “there’s no doubt” Nvidia will expand revenues and profits next year. However, he questions if gains will further boost shares or if expectations are priced in. He sees tailwinds “driven by the continued growth of the generative AI market” and the adoption of machine learning models. Meeks notes Wall Street expectations forecasting […]