Powell: Inflation-Fight Commitment Is 'Unconditional'
Federal Reserve Chair Jerome Powell says the Fed's commitment to fight inflation is "unconditional" during his testimony before the House Financial Services Committee.
Yahoo Finance anchors Brian Sozzi, Julie Hyman, and Brad Smith discuss news that retailer Kohl's terminated sales talks with Franchise Group and why they think it's the right move.
Facebook’s parent company Meta is slashing hiring plans as Mark Zuckerberg warns of “one of the worst downturns in recent history”.
The move is one of the most drastic responses by the Kremlin so far to the flight of Western companies from Russia in the wake of the country’s invasion of Ukraine.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
In this article, we discuss 10 supply chain stocks to buy now according to Billionaire Jim Simons. You can skip our detailed analysis of Renaissance Technologies and Jim Simons’ investment philosophy and go directly to 5 Supply Chain Stocks to Buy Now According to Billionaire Jim Simons. Jim Simons is a billionaire quant investor who […]
Yahoo Finance Live anchors break down delivery numbers for Chinese automakers.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 1, 2022.
(Bloomberg) -- Mexican President Andres Manuel Lopez Obrador called for regulation of the country’s carbon offset market in response to a Bloomberg Green investigation that showed oil giant BP Plc is paying subsistence farmers a fraction of market rate. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over Manc
Yahoo Finance Live's Seana Smith takes a look at Micron's stock following a slump in Q4 revenue guidance.
(Bloomberg) -- The Apple Inc. lawyer who was once responsible for enforcing the company’s insider trading policy admitted he used his access to draft SEC filings to personally profit. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAGene
A bear market leaves the S&P 500 with its worst first six months since 1970. Here's what's happened after stocks suffered steep first-half stumbles in the past.
Celldex took aim at Roche and Novartis' blockbuster hives drug on Friday with a small study that showed promise — but CLDX stock tumbled.
Yahoo Finance Live anchors discuss third-quarter earnings for Micron.
A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operating performance. Enacting a forward stock split is a way companies can make their shares more nominally affordable for retail investors who might not have access to fractional-share investing. More importantly, stock splits are viewed as a positive sign by Wall Street and investors.
Carnival (NYSE: CCL) fought hard to survive the pandemic, but Wall Street has rewarded the stock with a brutal 65% haircut over the past year. Should investors buy Carnival stock while the cruise industry is still navigating troubled waters? Carnival's operations and stock went through the wringer during the pandemic; an isolated space such as a cruise ship is arguably the best environment for a virus to do its worst, so the business virtually shut down throughout the pandemic to avoid spreading the contagious virus.
(Bloomberg) -- Senate GOP leader Mitch McConnell said he will block bipartisan legislation to boost US competition with China and provide subsidies for domestic semiconductor manufacturing as long as Democrats pursue a go-it-alone economic package.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysThe Wheels Have Come Off Electric VehiclesCrypto Meltdown Claims Rolex and Patek Philippe as VictimsStock Doomsayers Vindicated in Historic First Half: Markets WrapUk
Yahoo Finance Live looks at several of the day's trending stocks, including volatility in the semiconductor industry and Pfizer and Moderna opting to enhance COVID-19 booster shots to provide protection against new subvariants.
(Bloomberg) -- Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysThe Wheels Have Come Off Electric VehiclesCrypto Meltdown Claims Rolex and Patek Philippe as VictimsStock Doomsayers Vindicated in Historic First Half: Markets WrapUkraine Latest: Kyiv Lauds Isle Retake; Putin Shifts Gas PlantAll told, th
In this article, we discuss the 10 best stocks to buy now according to billionaire Larry Robbins. You can skip our detailed analysis of Glenview Capital and go directly to 5 Best Stocks to Buy Now According to Billionaire Larry Robbins. Larry Robbins is a billionaire hedge fund manager as well as a philanthropist. He […]