Archive List for News

October CPI print may allow Fed to be ‘a notch less’ hawkish

October’s Consumer Price Index (CPI) — which gauges inflation — came out flat month-over-month against expectations of an increase of 0.1%. While the CPI print rose 3.2% year-over-year, core CPI — which accounts for everything but food and energy prices — rose lower than expected at 4.0% year-over-year and 0.2% month-over-month. After another month of cooling inflation data, how will Federal Reserve officials position themselves ahead of their December FOMC meeting? Wells Fargo Chief Corporate Economist Tendayi Kapfidze and Citi Global Chief Economist Nathan Sheets join Yahoo Finance Live to comment on the trajectory the Fed could take on interest rates and how the course of disinflation is currently looking. […]

Nightly News Full Broadcast – Nov. 13

President Biden says hospitals in Gaza ‘must be protected’; Secret service agent fires weapon during incident outside Naomi Biden’s home; Critical roadway I-10 in California shut down indefinitely after explosive fire; and more on tonight’s broadcast. 00:00 Intro 01:24 Gaza hospitals caught in the crossfire 05:07 New attacks on U.S. forces in mideast 06:13 21 child patients evacuated from Gaza 08:16 Rally security concerns 08:27 Secret Service guarding Biden granddaughter opens fire 10:19 Supreme Court adopts code of conduct 11:12 Race to avert government shutdown 11:56 Biden and China’s Xi set to discuss economy 14:23 New charges after Pennsylvania prison escape 14:43 Inferno shuts down Los Angeles freeway 16:37 TSA […]

How Amazon, other companies are investing in robots

Amazon (AMZN) has made a big bet on robotics, particularly in its warehouses. However, with it’s agreement to purchase Roomba-maker iRobot (IRBT), their robots could be coming to your home too. Jason Del Rey, Tech Business Journalist and Author of Winner Sells All: Amazon, Walmart and the Battle For Our Wallets, says the acquisition “has a lot to do with Amazon’s intent and play to own as much gadgetry and robotics around the home,” highlighting it’s Alexa products and Ring acquisition. When it comes to how to play the robotics space R “Ray” Wang, Constellation Research Principal Analyst and Founder recommends stocks like ABB (ABBNY), Fanuc (FANUY), and SMC Corporation […]

LIVE: NBC News NOW – Nov. 14

NBC News NOW is live, reporting breaking news and developing stories in real time. We are on the scene, covering the most important stories of the day and taking deep dives on issues you care about. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews 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 […]

Airbnb named a top stock for 2024 by Bernstein

Bernstein released a note on Monday claiming Airbnb (ABNB) to be a top pick for 2024, giving the stock an “Outperform” rating and a $163 price target while citing top-line growth acceleration and increased travel demand. Yahoo Finance Anchors Julie Hyman and Josh Lipton break down the note and why investors should pay attention to this stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #yahoofinance #stockmarket 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 […]

Nvidia launches new AI chip, building on lead in chip market

Nvidia (NVDA) has launched a new chip — the H200 — alongside a new platform and CPU build, furthering the company’s commitment to AI technology. Yahoo Finance Tech Editor Dan Howley reports on the launch, explains the H200’s new capabilities, and deep dives into Nvidia’s leading stance in the AI chip space. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #Nvidia #stockmarket 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 […]

What Wall Street thinks of Fed interest rates for 2024

Wall Street institutions have released forecasts on which direction the Federal Reserve could push interest rates next year. Yahoo Finance Head of News Myles Udland comments on predictions for Fed rate cuts in 2024, while also commenting on stock market projections and analyst outlooks on future corporate earnings. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #wallstreet #stockmarket 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: […]

Fed rate predictions: Morgan Stanley, Goldman Sachs disagree on forecast

Morgan Stanley (MS) and Goldman Sachs(GS) economists diverge on their Federal Reserve interest rate forecasts over the next two years. Morgan Stanley expects deep cuts, projecting the Fed funds rate will fall to 2.375% by end of 2025. In contrast, Goldman Sachs sees rates remaining elevated with a small cut in Q4 2024, then dropping every quarter through mid-2026 to between 4.0-4.25% by end of 2025. Yahoo Finance’s Seana Smith and Brad Smith analyze the competing projections, discussing factors like unemployment, equity markets, and the Fed’s inflation outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to […]

‘The Marvels’ had worst opening weekend in Marvel cinematic universe history

Disney’s (DIS) latest Marvel Cinematic Universe (MCU) adventure The Marvels opens to its worst debut weekend in the MCU’s history. Yahoo Finance Entertainment Reporter Alexandra Canal reviews the film’s box office performance so far and why the film may not be performing up to the franchise’s expectations. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 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 […]

Why the Fed could keep rates higher for longer

The market awaits the Fed’s final rate decision of 2023 and Chair Jerome Power suggests that any decision made will be based on data. October’s Consumer Price Index (CPI) — one of the inflation indicators that gauges the state of the US economy — is due out this week Lakshman Achuthan, Co-Founder of the Economic Cycle Research Institute, joins Yahoo Finance Live to take a closer look at recent forward-looking data. Achutan predicts inflation may stay higher for longer as econcomic patterns point to the fact that the US may be in a “cyclical breakdown.” For more expert insight and the latest market action, click here to watch this full […]