Archive List for Politics

Nintendo announces ‘Legend of Zelda’ live-action adaptation

Nintendo (NTDOY) shares gained after the video game company announced it will release a live-action ‘Legend of Zelda’ movie funded and distributed by Sony. This news comes on the heels of the successful release of Nintendo’s Super Mario Bros. movie adaptation earlier this year. Yahoo Finance’s entertainment reporterr Alexandra Canal break down the details of Nintendo’s strategy, providing insights on the trend of gaming companies leveraging popular franchises and characters to produce blockbuster movies. 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, […]

WeWork bankruptcy: How landlords are impacted by millions owed in rent losses

WeWork (WE) filed for Chapter 11 bankruptcy on Monday, consenting to a restructuring agreement for its investors to pay off $4 billion in debt. The shared workspace company was hit by a massive shift in how and where office workers perform their duties from the COVID-19 pandemic and debates over work-from-home policies. The company looks to further reduce its commercial real estate portfolio, much to the chagrin of landlords. Yahoo Finance Reporter Dani Romero joins the Live show to break down how landlords will be impacted by the Chapter 11 filing. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance […]

U.S. credit card debt reaches $1.08 trillion: New York Fed

The Federal Reserve Bank of New York’s Household Debt and Credit report shows Americans owe approximately $1.08 trillion in credit card debt. This represents a $154 billion year-over-year increase, the largest annual jump since 1999. The report also found rising delinquencies across age groups, specifically among millennials aged 30-39. Yahoo Finance’s Rachelle Akuffo and Jared Blikre break down all the details. or 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 […]

Fed ‘rate hikes may not be over’: Raymond James CEO

Will there be a recession or not? It depends on who you ask. Raymond James CEO Paul Reilly (RJF) tells Yahoo Finance Live that he sees a soft landing ahead for the economy. “It’s hard to have a really big recession when everyone who wants to work can work and wages are going up, so I think the soft landing scenario is kind of where I would land,” Reilly says. Watch the video above to see what Reilly has to say about what a soft landing means for Raymond James. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. […]

Take-Two may officially announce reveal of Grand Theft Auto 6

Take-Two Interactive (TTWO) may soon announce details about the highly anticipated Grand Theft Auto 6, according to a Bloomberg report. The Grand Theft Auto franchise has sold over 405 million units to date, with the most recent entry, GTA 5, launching a decade ago in 2013. GTA 5 has sold over 185 million units as of Take-Two’s last earnings report, generating over $1 billion in sales. Yahoo Finance’s Tech Editor Dan Howley analyzed the enduring popularity of the decades-old GTA franchise, providing insights into the rumored GTA 6 release and what a new entry in the blockbuster series could mean for Take-Two Interactive. For more expert insight and the latest […]

Expert details why WeWork failed so spectacularly

Before the pandemic, WeWork (WE) was valued at $47 billion, quite the high for a company that just filed for Chapter 11 bankruptcy on Monday. According to Bloomberg, the company’s first appearance in bankruptcy court will be on Wednesday, to settle the $4 billion debt it can’t afford to pay back. The George Washington University School of Business Professor Christopher Kayes joins Yahoo Finance to discuss WeWork’s fall from grace as a startup darling, how it got to this point, and whether or not the original valuation was overhyped. “This is a company that never really had a business model that met the overhyped expectations that were placed on it. […]

Stock market outlook: Expect ‘market churn,’ plus opportunities for investors

Earnings season has almost come and gone for the past quarter and whether the Fed’s higher for longer interest rates have filtered through the markets has been a topic of many discussions. Ellen Hazen, F.L. Putnam Investment Management Co. Chief Market Strategist and Portfolio Manager, joins Yahoo Finance Live anchors Seana Smith and Brad Smith to discuss consistent stock performers following a majority underwhelming earnings season for tech giants like the Magnificent Seven stocks. “We’re looking at very steady, high cash flow, high return on invested capital compounders,” Hazen says, listing companies like Paychex (PAYX) and waste management provider Republic Services (RSG), later adding: “So some of these ‘steady-eddy’ companies […]

Robinhood stock down 10% after reporting a slowdown in trading activity in Q3

Shares of Robinhood (HOOD) are down 10% Wednesday morning after it reported a slowdown in trading activity in the third quarter, with transaction-based revenues declining by 11% year-on-year The company’s third-quarter revenue of $467 million missed expectations of $478.9 million. Yahoo Finance Anchors Seana Smith and Brad Smith break down the latest numbers with the stock. 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 […]

Billionaire bond investor Jeffrey Gundlach: Recession likely by Q2 2024

While most investors believe another rate hike is on the way, DoubleLine Founder and CEO Jeffrey Gundlach is not one of them. During Yahoo Finance Invest, Gundlach told Executive Editor Brian Sozzi “I think the Fed has stopped raising interest rates, I don’t think they’re gonna do it again.” The uncertainty surrounding the Federal Reserve this year has caused ripple effects in the markets, raising concerns about just how all of this will end. Gundlach explained his biggest concern right now, saying, “What worries me the most is the concept of higher for longer.” He explained that he does not think the Fed will cut rates in 2024, rather they […]

Nightly News Full Broadcast – Nov. 7

Israeli military fighting inside Gaza City; Abortion rights taking center stage in multiple races this Election Day; WeWork, once the most valuable startup in the county, files for bankruptcy; and more on tonight’s broadcast. 00:00 Intro 01:28 Israel: Troops fighting in ‘heart of Gaza City’ 05:23 Pro-Israel protester dies during demonstration 08:25 Key races to watch this Election Night 10:27 Impact of tonight’s election on 2024? 11:21 Biden loses some Arab American support 13:56 Hunter Biden special counsel testifies 15:45 Deadly ‘super fog’ crash in Louisiana 16:03 WeWork files for Chapter 11 bankruptcy 17:54 Paradise, California passing lessons on to Maui » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more […]