Yahoo Finance Plus WASHINGTON, July 27 (Reuters) - The White House on Wednesday welcomed hearing about a legislative deal aimed at lowering the cost of pharmaceutical drugs as part of a budget bill.
White House press secretary Karine Jean-Pierre, learning of the deal while at the podium for her daily news briefing, said she would seek more information about it. (Reporting by Trevor Hunnicutt and Steve Holland; Editing by Leslie Adler)
The study, by researchers at non-profit Carbon Mapper, the University of Arizona, NASA's Jet Propulsion Laboratory, the University of Michigan and Arizona State University, is among the first to measure methane leaking from offshore facilities, which account for about 30% of global oil and gas production but are difficult to study because they are so remote. The researchers found a methane loss rate, a measure of emissions relative to production, of 23% to 66% from the offshore platforms compared with 3.3% to 3.7% in previous studies of drilling activity in the Permian basin in Texas and New Mexico, the largest U.S. oil field.
(Bloomberg) -- Principal Global Investors’ Seema Shah is no stock market bull but says the rally that erupted Wednesday may continue until the head of the Federal Reserve steps up and stops it.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerRuto, Odinga Shy of Victory in Latest Vote Counts: Kenya
Financial planners share how much spouses should be able to comfortably spend from joint income.
Wedbush Managing Director and Senior Equity Analyst Dan Ives joins Yahoo Finance Live to discuss Rivian earnings, the opportunity for EV makers like Tesla, and whether the Elon Musk-Twitter deal goes through.
Let’s talk about electric vehicles (EVs) and their batteries. The high price of gasoline – still up about $2 since President Biden took office – has boosted interest in EVs. Greater customer curiosity will lead naturally to higher demand, and now we get to batteries, and lithium. Lithium is a metallic element essential in the construction of high-voltage battery systems, and every EV built needs an average of 8 kilos of the metal. Industry experts are saying that lithium demand will far outstrip
Yahoo Finance reporter Alexandra Semenova details a new report that the SEC is investigating Melvin Capital for potentially misleading investors.
Illumina (ILMN) delivered earnings and revenue surprises of -9.52% and 4.73%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
In this article, we discuss 10 Chinese stocks investors are shorting. If you want to skip our discussion about the turmoil in the Chinese economy, go directly to Investors are Shorting These 5 Chinese Stocks. NIO Inc. (NYSE:NIO), KE Holdings Inc. (NYSE:BEKE), and TAL Education Group (NYSE:TAL) are some of the stocks that investors are […]
The software executive, whose penny pinching was integral to his success in the auto industry, was awaiting trial on charges of concealing more than $2 billion in income from the IRS.
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 big-money investor in U.S. stocks is households, not hedge funds or major corporations. Until households start selling, stocks haven't hit their lows, warns BofA Global.
EV leader Tesla had indicated in January that it would not introduce a new vehicle on the market in 2022.
At this time, I would like to welcome everyone to the Geron earnings second quarter 2022 conference call. Aron Feingold, vice president of investor relations and corporate communications, you may now begin your conference.
Berkshire Hathaway's 13F filings don't tell the full story about the company's holdings.
Some stock market bulls are watching a technical indicator for clues on whether a summer rebound in U.S. equities will roll on. The S&P 500 is up 15% from its mid-June low, a rally that gained even more momentum after Wednesday's U.S. inflation data showed consumer prices unchanged for July. The stock surge, which has delivered the S&P's best eight-week period in more than a year, has brought the index within sight of a 50% retracement of its bear market loss.
(Bloomberg) -- Semiconductor Manufacturing International Corp. warned that clients in sectors such as smartphones were freezing orders, underscoring how a downturn in consumer electronics demand is hurting the chip sector.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerRuto, Odinga Shy of Victory
Crypto reporter David Hollerith breaks down ethereum's latest test run ahead of its merge, and BlackRock's motion to launch a private bitcoin trust in a partnership with Coinbase.
One of the big advantages of owning certain real estate investment trusts (REITs) over common stock is this: Some pay dividends monthly. Stocks pay dividends quarterly, which is nice, but monthly sounds better to more than a few investors. With that in mind, here are five REITs paying the monthly dividends. 1. Agree Realty Corp. (NYSE: ADC) pays a 3.61% annualized dividend and trades on the New York Stock Exchange with an average daily volume of 815,000 shares. The monthly dividend payment is $0
Ginkgo is teaming up with Synlogic to launch a new gout drug, moving shares of both stocks higher.
The average age of a Fortune 500 CFO is 53, but a group of leaders became finance chiefs before their 40th birthday.
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