Yahoo Originals - Yahoo Finance

  • BuzzFeed reorganizes for the second time this year

    BuzzFeed, the digital media startup approaching its 10th anniversary, is splitting into two divisions. In a companywide memo that BuzzFeed shared with Yahoo Finance, BuzzFeed CEO Jonah Peretti wrote, “Having a single ‘video department’ in 2016 makes about as much sense as having a ‘mobile…

    Daniel Roberts
  • You don’t need to commit a million dollars to invest in these alternative assets

    Last year, the company launched the first ever online real estate investment trusts (eREITs) — one focused on debt assets and the other on equity. A REIT is modeled after a mutual fund, which means the company is actively managing the properties, while you can lean back and take a passive role as…

    Melody Hahm
  • S&P, Nasdaq back off highs as oil surges

    Catch The Final Round with Jen Rogers and markets correspondent Nicole Sinclair. Stocks in the green today include Stemline Therapeutics after the FDA granted Breakthrough status for its acute myeloid leukemia treatment, software maker Tableau as it appointed former Amazon exec Adam Selipsky as…

    Yahoo Finance
  • Ferrari's newest car was inspired by these two classics

    Ferrari is public now, spun off from parent Fiat Chrysler, and Ferrari must meet the demands for its passionate customers and the investing public. It’s all about beauty, it’s all about performance, it’s all about classic cars, and Ferrari is everything about cars,” says Enrico Galliera, SVP of…

    Pras Subramanian
  • A $12.5 trillion savings glut shows there's still fear in the markets: trader

    Volume yesterday was down over 20% from a month ago, which is not unusual for late August. It seems during these summer months we are always waiting for some event to possibly move the market. First it was Brexit, next came earnings, always monthly jobs, and let’s not forget Fed chatter, etc. This…

    Yahoo Finance
  • This startup will help you get paid if your flight is delayed

    The agent at the counter will tell you that there is nothing the airline can do to repay you for the inconvenience and missed vacation time. Enter Air Help, a startup that can get you paid when your flight is delayed or canceled. If you’ve had a travel setback, the website asks for information to…

    Brittany Jones-Cooper
  • People haven't talked about 'fiscal stimulus' this much since the financial crisis

    There have been more and more calls for more government, or fiscal, spending amid a low-growth economic environment, in which the benefits of central bank-engineered monetary stimulus seems to be waning. In fact, according to Bank of America Merrill Lynch’s Savita Subramanian, discussions…

    Nicole Sinclair
  • Inside Hillary Clinton's small business tax plan and Trump's opposition

    Stocks (^DJI, ^GSPC, ^IXIC) are rallying modestly at midday, with energy (XLE) leading the way up, and consumer staples (XLP) the only sector in the red. Alan Valdes, Director of Floor operations at Silverbear joins us live from the New York Stock Exchange.

    Yahoo Finance
  • Best Buy pops on beat, Amazon to launch cheaper music service, Mobileye and Delphi team up

    Quarterly same-stores sales came in better than expected thanks to strong demand for appliances and consumer electronics. Amazon (AMZN) plans to roll out a new monthly music subscription, according to Recode. This follows news that the Jerusalem-based car technology company is teaming up with…

    Yahoo Finance
  • It's too late for the Fed to raise rates

    IMHO the Fed missed their window as far back as late 2013 when they could have hiked into a rising GDP approaching 4% and a raging bull market in U.S. Stocks. A rising dollar creates a negative dynamic in 2 ways.

    Yahoo Finance
  • Stocks eye new highs as Best Buy surges

    Wall Street seems to have its mojo back. Stocks (^DJI, ^GSPC, ^IXIC) are sharply higher across the board with the Nasdaq at a fresh intraday high following some better-than-expected earnings from Best Buy (BBY) and Toll Brothers (TOL). Meanwhile, oil prices (CL=F) are lower again following last…

    Yahoo Finance
  • 3 sports with questionable futures at the Olympics after 2020

    In Rio over the weekend, South Korean golfer Inbee Park dominated the first women’s Olympic golf competition since 1900. On the men’s side, Great Britain’s Justin Rose bested Sweden’s Henrik Stenson by just two strokes to take the gold. It was an exciting finish—the two golfers entered the 72nd…

    Daniel Roberts
  • Stiglitz: The days of the euro are numbered

    The main culprit for the dichotomy is the shared currency, says Joseph Stiglitz, Nobel Prize-winning economist and author of the new book, The Euro: How a Common Currency Threatens the Future of Europe. “[T]hose in Europe deliberating about adopting the euro should consider whether they should tie…

    Justine Underhill
  • Why no other drug maker was able to close the Medivation deal

    On Monday, Medivation (MDVN), which owns Xtandi, confirmed it was being acquired by Pfizer (PFE) for $14 billion. This comes just months after Sanofi (SNY) approached Medivation in a hostile deal, going public with its offer and beginning a process to replace the company’s board. Sanofi lost out…

    Nicole Sinclair
  • Crime-fighting drone

    It’s not a bird, or a plane, or even Superman…

    Yahoo Finance
  • Ryan Lochte has no sponsors left

    When the week began, American swimmer Ryan Lochte still had four active sponsors that pay to endorse him. While specific details of what really happened are still emerging, video footage shows that Lochte (who has acknowledged he was intoxicated at the time) tore down a sign over a gas station in…

    Daniel Roberts
  • Sony to unveil two PlayStation consoles at Sept. 7 event: report

    Sony will debut a redesigned version of its standard PlayStation 4 (PS4) along with a higher-end PlayStation 4, codenamed “Neo,” during a press event on Sept. 7, according to The Wall Street Journal. Sony revealed the existence of its PS4 “Neo” back in June, but the redesigned PS4 is a new…

    Dan Howley