Yahoo Finance Plus USDC stablecoin issuer Circle is arguing the U.S. Federal Reserve should pass on launching a central bank digital currency (CBDC) because the public is already served well by private-sector tokens. Meanwhile, Fed Vice Chair Lael Brainard said CBDCs could coexist with stablecoins. "The Hash" panel discusses the latest in the world of stablecoins and CBDCs as they continue to collide.
The Dow Jones rallied after the latest Fed Minutes were released. Tesla stock fell even as a rival EV play soared. Apple stock popped.
Yahoo Finance Live's Jared Blikre looks at GameStop's stock ahead of its four-for-one stock split on July 22nd.
The tech billionaire keeps plowing millions into this asset class.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
Anyone positioning their portfolio for a recession could be making a big mistake.
Now that we’re into the second half of 2022, with the Independence Day holiday behind us, we can take stock of the changes that the last six months have brought. And those changes have been dramatic. As this year got started, the S&P 500 was coming off of a 27% annual gain. Today, the index is down 20%, putting it into a bear market. The losses have been broad-based, and have left many otherwise sound equities languishing at low prices. It’s a circumstance that has a lot of unhappy investors won
Bed Bath & Beyond's interim CEO is betting big — with her own money — that she can save the struggling retailer from going out of business.
The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary da
Hormel, Exxon Mobil, and Johnson & Johnson are among the longtime dividend growers that meet the criteria Barron's set to determine recession-resilient stocks.
Berkshire Hathaway's quarterly 13F filing won't tell you about the Oracle of Omaha's $6.3 billion hidden portfolio.
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
Let's begin with the fact that no investor can get around right now, the current volatile market. In the words of the Goldman Sachs strategist David Kostin, “The first six months of 2022 have been a brutal time to be an investor in public markets.” The losses, which stand at 19% year-to-date on the S&P 500, have been broad-based; barring outliers, neither value nor growth strategies have offered any respite. Kostin dives into the current conditions, and comes up with some interesting views. He w
(Bloomberg) -- By 2:08 p.m. Shanghai time on March 8, it was clear that Xiang Guangda’s giant bet on a fall in nickel prices was going spectacularly wrong.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingRoaring US Rental Market Shows Early Signs of Slowing DownTycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireGood Luck Making It to Your Vacation This SummerFutur
Yahoo Finance's Pras Subramanian explains why Tesla is slowing production in July.
Sterling climbed to $1.19 after the news, up 0.5%, or half a cent, off its recent two-year lows as traders hoped the PMs departure would bring more political stability.
The economy is rocky, but high-net-worth individuals aren't worried.
Question: I’m about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing a portion of my investable assets with an advisor, which would still be seven figures. And one thing to note: Even in a traditional assets under management model, should an account value drop and the dollar amount decrease, the adviser still has an incentive to make good investment decisions to help the account recover as quickly as possible, says Brinser.
Now the Energy Select Sector SPDR Fund (XLE) and the SPDR S&P Oil & Gas Exploration & Production (XOP) exchange-traded funds (ETFs) are down 27% to 36% from their 2022 peaks – official bear-market territory. Now three factors suggest another strong move ahead for energy names, believes Cook: decent underlying fundamentals, good valuations and solid cash flows. Goldman Sachs predicts large-cap energy stocks will gain 30% or more through the end of the year and that its buy-rated stocks could be up 40% or more.
(Bloomberg) -- Samsung Electronics Co. reported a better-than-anticipated 21% jump in revenue, assuaging investors’ worst fears about the impact of weakening consumer demand and soaring materials costs on the $550 billion chip industry.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarUS, Allies Discuss Capping Russian Oil at $40-$60 a Barrel to Cut War FinancingRoaring US Rental Market Shows Early Signs of Slowing DownTycoon Whose Bet Broke the Nickel Mar
Yahoo Finance Live looks at several of today's top-trending stocks, including Inspira's new non-invasive blood sensor medical device and Peloton's leadership tactics to boost the brand's morale.
Yahoo Finance