Sprint sheds jobs, Amazon blocks Apple and Google gadgets
Yahoo Finance's Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Yahoo Finance's Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
Federal Reserve chair Jerome Powell may offer his take later this morning for updated core PCE inflation data.
U.S. prices increased moderately in February and the cost of services outside housing slowed considerably, keeping a June interest rate cut from the Federal Reserve on the table. The personal consumption expenditures (PCE) price index rose 0.3% last month, the Commerce Department's Bureau of Economic Analysis said on Friday. Data for January was revised higher to show the PCE price index climbing 0.4% instead of 0.3% as previously reported.
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
The super-successful hedge fund manager likes several AI stocks.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
Wood is sounding the alarm on Nvidia following its meteoric rise.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
One common thread runs between Boeing CEO Dave Calhoun's departure and the death knell for GE next week: Jack Welch. Veteran financial journalist Allan Sloan notes that of the CEOs Welch mentored, four succeeded while 13 failed.
The latest update to the Federal Reserve’s preferred price gauge on Friday should confirm a bumpy start to the year on the inflation front. The central bank is taking a wait-and-see approach to lowering interest rates this year as it assesses whether progress on reducing inflation to its 2% annual target has stalled. Fed officials’ preferred measure of inflation is the core personal consumption expenditures price index, due at 8:30 a.m. on Friday as part of the Bureau of Economic Analysis’ personal income and outlays report.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
“She worked for 25-plus years as a county nurse and, as such, she has a healthcare plan and a great pension, both for life.”
Cathie Wood just increased her long-term price target for Bitcoin by a mind-boggling amount.
Stock-market investors get a key piece of economic data on Good Friday, but won’t be able to trade on it.
Here's what could happen to gold prices next.
This stock might just spice up your dividend portfolio.
A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease. The government reported Friday that prices rose 0.3% from January to February, decelerating from a 0.4% increase the previous month in a potentially encouraging trend for President Joe Biden’s re-election bid. Excluding volatile food and energy costs, last month's “core” prices suggested lower inflation pressures.
These stocks can diversify your portfolio while setting you up for tremendous dividend income for years to come.