#yahoofinance #inflation #fed #fedratehike The November Personal Consumption Expenditures (PCE) price index came in lower than expectations, declining 0.1 percent month-over-month. Core PCE inflation grew 3.2 percent, which was below estimates of 3.3 percent. Yahoo Finance’s Jennifer Schonberger discusses the data and what this cooling inflation may mean for the future of the Federal Reserve’s rate hikes. 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. – Get the […]
Honda (HMC) is recalling 2.5 million cars after reporting a fuel pump issue that could put drivers at risk of a crash. This follows Toyota’s (TM) recent recall of 1 million Toyota and Lexus vehicles with airbag issues, and a recall from Tesla’s (TSLA) last week. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance Live to weigh in on the influx of recalls and what this suggests about the automobile industry. Migliore does not see this recall as a negative, stating “automakers are becoming increasingly proactive,” which will ultimately benefit the customers. Migliore notes that in Honda’s case the fix will be a “fairly simple.” About Yahoo Finance: Yahoo Finance provides […]
Angola is leaving the Saudi-led oil producer group OPEC, saying that the country does not gain anything from its membership. Yahoo Finance’s Julie Hyman and Josh Lipton discuss how this news has impacted the oil market and tensions within OPEC. 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 #angola #opec #yahoofinance
The Biden administration is considering raising tariffs on Chinese EV exports to the U.S., according to a report from the Wall Street Journal. The move may be a part of Biden’s broader attempts to bolster the clean energy industry in the U.S. against cheaper Chinese exports. Yahoo Finance Rick Newman joins the Live show to give insight into the report and the implications for both the U.S. and Chinese economy. 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 – […]
The stock market went through a bit of a rally in recent weeks, until Wednesday afternoon when the market pulled back. After commentary and data from the Federal Reserve on interest rates, many on Wall Street have been debating how the economy will play out for 2024. Jeff Bierman, TheoTrade Chief Market Technician, joins Yahoo Finance to break down his feelings on the current status of the market as well as what is in store for 2024. Bierman claims that oil (CL=F, BZ=F), among others, is a clear indicator of a recession: “” If we are not going into a recession, which is what the market is signaling, then I […]
“Warner Bros. Discovery (WBD) CEO David Zaslav met with Paramount Global (PARA) CEO Bob Bakish about a potential deal, according to a report from Axios. Analysts have expected to see Paramount to engage in some sort of M&A activity this year, but the companies’ debt loads have raised some concerns. Yahoo Finance’s Seana Smith and Brad Smith report on some of the analyst commentary surrounding the news. 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 […]
Apple (AAPL) is set to comply with a recent ruling in an intellectual property dispute with medical firm Masimo—removing Apple Watch 9 and Ultra 2 from US stores by December 24th, and online, December 21st. What impact will this pull have on the tech giant? CFRA Research Senior Equity Analyst Angelo Zino joins Yahoo Finance Live to weigh in. Zino notes that despite the Apple Watch being the “bread and butter” for Apple during the holiday season, overall, the impact will be minimal. Zino expect a 2% negative impact on revenue, stating that this pull is “not something you want to see if you’re an investor, but nonetheless its something […]
According to a new report from LendingTree, Tesla (TSLA) vehicles were involved in accidents at a higher rate than any other auto brand over the past year. Drivers of the EV were reportedly in 24 accidents per every 1,000 drivers. Yahoo Finance’s Akiko Fujita and Rachelle Akuffo break down the details. #Tesla #youtube #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 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 […]
Bitcoin (BTC-USD) shoots above $43,000 on Wednesday while US regulators continue to have conversations centered around the crypto space. Fundstrat Global Advisors VP of Digital Asset Strategy Sean Farrell outlines what the Federal Reserve’s expected monetary policy in 2024 could mean for cryptocurrencies and the likelihood of the Securities and Exchange Commission (SEC) approving a spot bitcoin ETF.”We have obviously… an ETF approval that is anticipated to come within a few weeks, which… I think should bring in a new cohort of investors into the fold, increase flows into digital assets,” Farrell says. #stockmarket #bitcoin #crypto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management […]
U.S. existing home sales squeaked past November forecasts, rising 0.8% for the month and bringing the seasonally adjusted annual rate to 3.82 million units sold. As much as the housing market needs fresh, first-time buyers to participate, inflated prices and elevated mortgage rates could still be squeezing prospective buyers from making a purchase. National Association of Realtors (NAR) Chief Economist Lawrence Yun and Middleburg Communities Chief Economist Brad Case join Yahoo Finance Live anchors Brad Smith and Brooke DiPalma to weigh in on home price trends to expect in 2024 and beyond. Yun notes that mortgage rates have come down, which will bring more buyers but insists home sales performance […]
