Archive List for Market

Return to office workers spend an average of $51 a day: Report

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yahoo finance

Workers returning to the office are spending $51 per day on average, according to the State of Hybrid Work 2023 report by Owl Labs. The report also notes that people working from home spend an average of $36 a day and pet owners returning to the office spend an average of $71. Yahoo Finance’s Pras Subramanian, Josh Schafer, and Alexandra Canal discuss the report’s findings and how much they each spend a day when working from the office. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you […]

Gene therapy, Parkinson’s disease, and food science: Bayer U.S. discusses the latest technology

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yahoo finance

Most Americans know Bayer (BAYN.DE) for its over-the-counter medicines like Aleve and Claritin. But that’s not all the company does. Bayer U.S. President Sebastian Guth tells Yahoo Finance’s Anjalee Khemlani that the company just opened a new facility to focus on cell and gene therapies to help treat diseases such as Parkinson’s. Guth also weighed in on the company’s acquisition of agricultural biotechnology company Monsanto. Guth says the company is “squarely focused on innovation in a space that continues to require innovation. Feeding the world is a very, very significant task and food is a medicine.” For more expert insight and the latest market action, click here to watch this […]

How Taylor Swift ripples across the NFL, $AMC, and the broader economy

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yahoo finance

#taylorswift #taylorswifterastour #yahoofinance #nfl #amc Taylor Swift has been taking 2023 by storm. The superstar has had a major impact on the U.S. economy, including the NFL, financial, film, and entertainment industries, and so much more. The Yahoo Finance team spoke to experts across the industry to analyze just how much influence Taylor Swift has. The segments were aired originally on October 12, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus […]

How weight loss drugs could impact stocks

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yahoo finance

Weight loss drugs, such as Novo Nordisk’s (NVO) Ozempic and Wegovy, continue to grow in popularity. With many brand and retailer CEOs signaling the hit to snack food sales, how will these drugs impact the packaged food industry? Morgan Stanley Equity Research Analyst Pam Kaufman joins Yahoo Finance Live to discuss. “We see long-term implications across the food ecosystem from the growing adoption of GLP-1 anti-obesity drugs,” Kaufman says, citing implications for packaged foods, restaurants, beverages, and food retail. “Our biopharma analysts expect drug use to grow fivefold over the next 12 years and project that about seven percent of the population is going to be on the drugs by […]

Jim Jordan winning House Speaker nomination ‘a heavy lift’: Expert

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“The House Speaker race continues after Rep. Steve Scalise (R-LA.) withdrew and Rep. Austin Scott (R-GA.) emerged to challenge Rep. Jim Jordan (R-OH.). Henrietta Treyz, Veda Partners Managing Partner and Director of Economic Policy Research, belives it will be difficult for Jordan to rally sufficient bipartisan support to secure the House Speakership. With the Speaker race unsettled, Rep. Patrick McHenry (R-NC) is tasked with overseeing the vote as Speaker Pro Tempore. However, pressing global issues are arising, from Israel-Hamas tensions to Ukraine aid, requiring legislative action. Given the uncertainty around the Speaker vote, Treyz suggests current Pro Tempore McHenry becoming Speaker may be the “”path of least resistance.”” “”Remember these […]

Taylor Swift’s ‘Eras Tour’ movie sells out theaters

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“Taylor Swift’s theatrical version of her ‘Eras Tour’ has a wide release this weekend, hitting theaters across the country, many of which have been already sold out. The movie has brought in $100+ million dollars in presales, with Variety reporting that Swift’s camp will receive about 57% of total ticket sales. Yahoo Finance Entertainment Reporter Alexandra Canal details everything you need to know surrounding the debut. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo […]

JPMorgan CEO warns of ‘tighter’ environment as consumers spend down savings

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JPMorgan (JPM) CEO Jamie Dimon has warned of U.S. consumers spending down excess savings—amid a “”tighter”” economy, stopping short of projecting recession. S&P Global Market Intelligence Director for Financial Institutions Research Nathan Stoval weighs in on the CEO’s warning. Stoval believes that Dimon’s statements may be the CEO “trying to throw out some caution,”. Hennessy Funds Portfolio Manager Dave Ellison expressed concerns about Dimon’s criticisms—fearing lower bank valuations. “”It hurts the ability of somebody like myself to make money in the space,”” notes Ellison. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction […]

FTX Fraud Trial: Caroline Ellison wraps up her testimony’

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Former Alameda Reserach CEO Caroline Ellison wraps up her testimony on Thursday in the fraud trial against FTX Co-Founder Sam Bankman-Fried. Yahoo Finance Legal Correspondent Alexis Keenan reports from outside the New York City courthouse, recounting the biggest moments from Ellison’s testimony explaining SBF’s intent to defraud FTX customers. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research […]

Mortgage rates inch closer to 8% as housing costs weigh on inflation

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Mortgage rates climbed for the 5th straight week, with the 30-year fixed average nearing 8% as the Fed battles shelter inflation. Yahoo Finance’s Dani Romero reports on the continued housing cost increase and how both consumers and investors are responding. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. […]

What does higher inflation data mean for the Fed?

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“Inflation appears to be holding steady according to the September CPI data. But what does the fresh inflation data and the Fed’s interest rate outlook entail for markets? Roth MKM Chief Economist and Macro Strategist Michael Darda examines the relationship between risks in the stock market and rising bond yields. “”Equities actually have not become cheaper relative to bonds, they have become more expensive because bond yields have gone up so much relative to an equity market that’s not much off of the highs of the year,”” Darda points out. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management […]