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Yahoo Finance LIVE - July 6 AM

Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.

Recommended Stories

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  • Disney stock pops amid earnings beat and streaming subscriber growth

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  • Fed to raise interest rates to 4% next year, Evans says

    (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.

  • This Analyst is Bullish on 8 Auto Stocks for the Rest of 2022

    In this article, we’ll discuss the 8 auto stocks analyst Itay Michaeli at Citi has a bullish stance on. If you want to skip our discussion on the automotive industry outlook, go directly to This Analyst is Bullish on 4 Auto Stocks for the Rest of 2022. In a research note issued on August 2, […]

  • Are you still paying 1% to your financial adviser? Here’s what might make a lot more sense — and save you tens of thousands of dollars

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  • Mocked by Everyone, Stock Rally Sits at Cusp of a Chart Landmark

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  • Meta’s Susan Li will join a growing group of Fortune 500 CFOs under 40

    The average age of a Fortune 500 CFO is 53, but a group of leaders became finance chiefs before their 40th birthday.

  • Oregon biotech Siga Technologies set to deliver first monkeypox treatment

    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.

  • Worried About a Recession? Buy These 3 Stocks and Hold Forever

    The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are down 13%, 20%, and 10% year to date, respectively. My first choice is Microsoft (NASDAQ: MSFT). When some people think of Microsoft, they imagine the software start-up that became prominent under Bill Gates in the 1980s and '90s.

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  • GSK Confirms Rotavirus Vaccine Shortage, Hits Four African Countries: Report

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