2023 was a year of volatility and uncertainty with higher interest rates, causing many investors to park their money in cash. As we head into 2024, inflation seems to be cooling, and the market is beginning to recover. With the Federal Reserve signaling they will maintain higher interest rates for longer, it seems that strategy may be outdated. BlackRock Americas iShares Investment Strategy Head Gargi Chaudhuri joins Yahoo Finance to break down the state of the market and what investors need to consider for 2024. Chaudhuri explained her stance for the near term. “I think we’re going to hear from [Fed] Chair Powell that it’s too premature to start talking […]
A report from the Wall Street Journal revealed Macy’s (M) is considering a buyout offer from real estate investor Arkhouse Management and asset manager Brigade Capital Management worth $5.8 billion. While brick and mortar retail stores have faced an uphill battle in recent years, at the center of interest for most investors is Macy’s real estate portfolio, which contains the crown jewel, New York City’s iconic Herald Square location. Triangle Capital Co-Founder and Partner Richard Kestenbaum joins Yahoo Finance to discuss the potential buyout and Macy’s real estate portfolio. Kestenbaum explains that since department stores have struggled, investors have taken a different approach, looking at the whole portfolio of departments […]
#yahoofinance #stockmarket #investing #stocks #Fed #inflation Executives, experts, and influencers join the Yahoo Finance team to discuss what’s moving the world of finance. To get the latest markets news check out finance.yahoo.com 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. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. […]
This segment originally aired on December 5, 2023. As Wall Street attempts to predict the Fed’s 2024 monetary policy moves, Harris Associates Co-Head of Fixed Income Adam Abbas joins Yahoo Finance Live anchors Julie Hyman and Jared Blikre to analyze the central bank’s outlook and the key macro forces causing uncertainty. Abbas believes the Fed is weighing risks not just to inflation, but also broader economic risks in charting its 2023 course. He notes Tuesday morning’s JOLTS data did flag some slowing, proving threats remain even after recent progress on inflation. Given lingering risks, Abbas believes market expectations for cuts seem “too aggressive.” “I think if you show up late […]
Stifel Managing Director Stephen Gengaro spoke with Yahoo Finance anchor Josh Lipton about the outlook for the electric vehicle market. Stifel analysts initiated coverage of electric vehicle maker Rivian (RIVN) with a “Buy” rating and a $23 price target this week. Gengaro highlighted Rivian’s increasing brand awareness and partnerships as key strengths compared to Tesla and Lucid. Specifically, Rivian’s R1S SUV and R1T pickup truck are driving awareness and demand. A partnership with Amazon (AMZN) to produce electric delivery vans leverages Rivian’s EV capabilities. Additionally, the planned 2026 launch of Rivian’s R2 vehicle — an affordable crossover — capitalizes on interest in a practical and desired electric option. While the […]
An Atlanta area couple has been putting up a dazzling Christmas lights display for the community to enjoy for decades. After a fire destroyed their decorations over the summer, donations poured in to ensure the beloved tradition continued. NBC News’ Kate Snow has 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 breaking news, live video coverage, original journalism and segments from […]
With holiday shopping underway, authorities have issued an alert about a pervasive scam where criminals tamper with retail gift cards and steal people’s money. NBC News’ Maggie Vespa has more on how people can protect their money. » 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 with NBC […]
Harvard University’s president is facing pressure to resign over the answers she gave during a congressional hearing on campus antisemitism. The University of Pennsylvania’s president resigned on Saturday after backlash to her testimony. NBC News’ Dana Griffin 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 news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with […]
Tens of millions of people are under flood alerts from Washington, D.C. to Maine as a storm system makes its way across the Northeast. Cities in the Northeast are bracing for intense rain and strong winds. NBC News’ George Solis has the latest. » 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 […]
As world leaders debate fossil fuel reliance at the COP28 climate summit, waste management innovators invest in sustainable practices and the reuse of plastics. Republic Services (RSG) CEO Jon Vander Ark tells Yahoo Finance’s Rachelle Akuffo that of 5 million items collected daily, plastics and cardboard dominate all which rely on fossil fuel usage for creation. While recyclables get reprocessed into products like carpets, Vander Ark notes these ultimately reach landfills too. However, Republic’s new Las Vegas Polymer Center aims to achieve “true circularity” — bottles remade endlessly into new bottles. Vander Ark says the facility will help overturn current shortages in sustainable recycling infrastructure. Alongside corporate and regulatory pressures […]
