Yahoo Originals - Yahoo Finance

  • Wall Street whipsawed as traders eye Yellen

    Stocks whipsawed as Wall Street gets ready for Janet Yellen’s big speech. Catch The Final Round at 4 p.m. ET with Jen Rogers and Joe Fahmy of Zor Capital. Stocks in the red today include Zale’s parent Signet Jewelers as guidance came in way below estimates, discount retailer Dollar General on a…

    Yahoo Finance
  • Admission to National Parks is free today and all weekend

    The National Park Service (NPS) turned 100 on Aug. 25, and visitors are getting an amazing gift in honor of the milestone. Admission to all 58 national parks will be free Aug. 25-28. Admission fees will also be waived at 354 protected areas, including national parks, monuments, battlefields,…

    Brittany Jones-Cooper
  • Top apparel CEO explains why malls are ‘definitely not’ dead

    2016 has been a difficult year for traditional retailers, with store closures—at Macy’s (M) and beyond–picking up. PVH, the $9 billion company behind Calvin Klein, Tommy Hilfiger along with Van Heusen, IZOD, and Speedo, gets 60% of its sales from wholesale, including department stores like Macy’s…

    Nicole Sinclair
  • Speedo was ready to drop Lochte days before they did

    Olympic swimmer Ryan Lochte captured the attention of the world when he claimed to have been robbed at gunpoint. Swimwear maker Speedo was the most high-profile of sponsors to pull their deal. “I think his actions dictated our response,” Chirico said.

    Nicole Sinclair
  • Teen hedge fund manager's father accuses regulator of 'thuggery'

    Teenage hedge fund manager Jacob Wohl — nicknamed “Wohl of Wall Street” — had his first run-in with a regulator. The National Futures Association (NFA) — a self-regulator for the US futures market — has issued a complaint against the 18-year-old and his (now former) firm, NeX Capital Management,…

    Julia La Roche
  • FanDuel goes after ESPN, other season-long fantasy sports providers

    A FanDuel logo is displayed on a board inside of the DFS Players Conference. Daily fantasy sports platform FanDuel announced on August 1 a bold new feature that takes on the bigger, more entrenched “season-long” fantasy sports providers.

    Daniel Roberts
  • Short-seller Carson Block is going after one of the most popular hedge fund stocks

    Short-seller Carson Block, the founder of Muddy Waters Research, just revealed a short position in cardiovascular medical device maker St. Jude Medical (STJ), which is one of the more popular long positions among hedge funds. Muddy Waters sees a “strong possibility” that “close to half” of St.…

    Julia La Roche
  • Netflix upgrade; Sears in trouble; Dollar General slumps after earnings

    The department store is accepting $300 million in financing from CEO Edward Lampert’s hedge fund following another quarter of declining sales. Excluding items, Sears reported a net loss of $2.03 a share. Dollar General (DG) — The discount chain’s profit and sales missed Wall Street estimates for…

    Seana Smith
  • Uber hemorrhaging cash—loses $1.2B in 2016

    Stocks (^DJI, ^GSPC, ^IXIC) are flat to up at midday on low volume, with financials (XLF) leading the way up, and energy (XLE) consumer staples (XLP) in the red. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big…

    Yahoo Finance
  • Pogue’s Facebook Live — e-bike roundup

    After reviewing technology for more than 25 years, for the first time ever, David Pogue does the prep work for one of his reviews live during a Facebook Live event at Yahoo Studios in New York.

    Yahoo Finance
  • There's another reason why everyone's obsessing over Janet Yellen's upcoming speech

    Janet Yellen hasn’t said much this year. All eyes are on Jackson Hole, Wyoming as the world’s top monetary policy leaders meet for the Kansas City Federal Reserve’s Economic Policy Symposium. The main event will be Federal Reserve Chair Janet Yellen, who speaks at 10am ET on Friday. The world…

    Sam Ro
  • Mylan halts losing streak after EpiPen price cut, Tiffany shines, Dollar Tree declines

    Mylan (MYL) shares got a nice shot in the arm in early trading, halting its recent losing streak. The biotech firm said it will cut the cost of its EpiPen by half, through a savings card which will cover up to $300 of the EpiPen 2-pak. The move comes after increased pressure from Congress and…

    Yahoo Finance
  • How baseball's tech arm got so big that Disney had to have a piece

    When Disney (DIS) reported its third-quarter earnings this month, it also shared that the company has taken a 33% equity stake in something called BAM Tech. Major League Baseball Advanced Media (nicknamed “Bam”), once described as simply “baseball’s technology arm,” is now a complex operation that…

    Daniel Roberts
  • A major price change for Mylan’s EpiPen 2-Pak

    All three major averages (^DJI, ^GSPC, ^IXIC) were lower in early trading, as investors remained cautious ahead of a key speech by Fed Chair Janet Yellen Friday and despite some strong economic data. Separately, the Commerce Department reported that orders for durable goods increased by 4.4% last…

    Yahoo Finance
  • ‘Too much ice’ and other reasons people attacked America’s favorite brands

    In case it wasn’t clear before, it’s officially OK for Starbucks to carry on with its current ice-to-product ratio in its cold drinks. Putting it in Starbucks-centric terms, the lawsuit specified that when a Venti Cold Drink cup is filled up to the top black line “they are only pouring about 14…

    Melody Hahm
  • Exoskeleton glove adds physical experience to virtual reality

    Ever wish you could reach out and touch objects while immersed in VR?

    Yahoo Finance
  • Stocks slip ahead of Jackson Hole

    Catch The Final Round at 4 p.m. ET with Jen Rogers and Yahoo Finance Editor-in-Chief Andy Serwer. Stocks in the green today include Clovis Oncology as traders bid shares higher following positive news on its ovarian cancer treatment, La Croix and Shasta maker National Beverage Company on strong…

    Yahoo Finance