Yahoo Finance Plus SHANGHAI, Aug 2 (Reuters) - Shanghai reported no new domestically transmitted coronavirus cases for Aug. 1, the same as a day before, the city government said on Tuesday.
It was the second day Shanghai recorded zero new infections.
Shanghai recorded no COVID-19-related deaths for Aug. 1, unchanged from a day earlier. (Reporting by Shanghai newsroom; Writing by Liz Lee; Editing by Himani Sarkar)
The last few years saw the markets go crazy. Between the COVID lockdowns and market crash, the rebound recovery, last year’s sustained bull run, and this year’s devastating first half that saw the bull turn into a bear. But in all of that, there have been stocks that have outperformed the market. These winning stocks have attracted attention from Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program. Among other things, Cramer has been following stocks which won big during the COVID cris
Persistent supply issues have deflated expectations for the Chinese automaker
Yahoo Finance reporter Allie Canal breaks down Disney's latest earnings results and how it's moving shares to the upside.
Four years after Siga Technologies (Nasdaq: SIGA) gained approval for a smallpox drug, the Corvallis company is gearing up to get the same antiviral into a clinical trial for monkeypox. Tpoxx, also known as tecovirimat, is the only drug available to treat the virus, though it is not yet approved in the U.S. for the disease. The Food and Drug Administration designated Tpoxx as an investigational drug for monkeypox, allowing it to be released from the Strategic National Stockpile only after prescribers jump through considerable hoops.
(Reuters) -Wednesday's consumer price index report showing U.S. inflation didn't accelerate in July was the first "positive" reading on price pressures since the Federal Reserve began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has plenty more work to do. With consumer prices unchanged last month compared to June, but up 8.5% from a year earlier, inflation is still "unacceptably" high, and the Fed will likely need to lift its policy rate, currently in the 2.25%-2.5% range, to 3.25%-3.5% this year and to 3.75%-4% by the end of next year, Evans said. The remarks suggest Evans, among the 19 central bankers who set U.S. monetary policy, expects to soon slow what's been the Fed's steepest round of interest-rate hikes in decades.
The average age of a Fortune 500 CFO is 53, but a group of leaders became finance chiefs before their 40th birthday.
The housing market is changing fast. Act accordingly.
(Bloomberg) -- The cooler-than-expected US inflation reading for July is a positive sign that has buoyed risk assets, but some investors may be getting a little ahead of themselves, according to analysts.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedRussia Is Scouring the Globe for Weapons to Use Against UkraineUK Plans for Black
While every market advisor will tell you never to try to ‘time’ the market, timing is still important for success. Investors need to buy into low prices, and to do that, they need to know when prices are low. This doesn’t necessarily mean low in absolute dollar terms, but low relative to a stock’s recent past performance. In recognizing that lower price range, investors can turn to Wall Street’s pros for help. The analysts have been busy lately, picking out stocks that are in their lower price r
Value stocks in the S&P 500 are outperforming this year. But analysts still think it's a mistake to part with some of them too soon.
Yahoo Finance Live co-host Rachelle Akuffo looks at Rivian's stock ahead of its earnings report due out tomorrow.
The Dow Jones gained on inflation data. Tesla stock was up after Elon Musk made a promise. Coinbase was up amid a Bitcoin rally. Apple rose.
Many financial advisers charge based on how much money they manage on your behalf, and 1% of your total assets under management is a pretty standard fee. “Under $1 million dollars of investable assets, the flat fee may consume a very large percentage of their account and that would not be smart or advisable for the client,” says Paddock. In general, clients would do well to understand that percentage fees work well on smaller balances while flat fees are best for larger asset balances — and using the $1 million dollar threshold can be an easy way to draw a line in the sand for a client, says Kaleb Paddock, certified financial planner at Ten Talents Financial Planning.
(Bloomberg) -- It’s doomed, it’s a bear-market rally, a rebound that won’t last. All the mud thrown at equities over the last month may well turn out to be true. But it’s getting harder to brush aside the recovery in the S&P 500 as it hovers at a widely watched landmark in charts.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedRuss
We have narrowed our search to five lithium producers. These are: ALB, LTHM, PLL, LAC and SQM.
High fuel costs might have hurt the Q2 bottom-line performance of ZIM Integrated Shipping (ZIM).
Pan American Silver (PAAS) delivered earnings and revenue surprises of -121.43% and 16.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Tesla, Amazon, Google-parent Alphabet, GameStop and Shopify have announced or carried out stock splits in 2022. So what is a stock split and how does it affect your investment?
The rise in the cost of living cooled in July, but not for grocery prices. The price of consumer goods and services was steady in July from the previous month, as the Labor Department said Wednesday. In July, the inflation rate compared to a year ago was 8.5%, lower than 9.1% in June, a 41-year record, helped by lower prices in energy.
In this article, we discuss the 10 stocks that Jim Cramer recommends buying as commodity prices decline. If you want to read about some more stocks that Jim Cramer recommends buying, go directly to Jim Cramer Recommends Buying These 5 Stocks as Commodity Prices Decline. The prices of commodities like oil, grains, metals, and paper […]
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