Business

The US House Transportation and Infrastructure Committee will hold a hearing about railroad safety and the lessons from last year’s Norfolk Southern derailment in East Palestine, Ohio. Witnesses: Jeff Sloan, Senior Director for Regulatory and Scientific Affairs, American Chemistry Council; David Arouca, National Legislative Director, Transportation Communications Union; Gregory Hynes, National Legislative Director, International Association … Read more

On today’s segment of Good Buy or Goodbye, host Julie Hyman is joined by Barron’s associate editor Al Root to discuss the best and worst stock picks within the auto sector. Root recommends buying Ford (F), citing notable relative share performance and successful company re-segmentation. He highlights the Pro company’s “consistency of revenue… with service … Read more

As Vice President Kamala Harris steps into the running for president, investors may have to adjust to a little more election uncertainty. But when it comes to their portfolios, the charts show that no matter who wins, investors should stay invested. Yahoo financial Reporter Josh Schafer joins Wealth! with a chart from the latest Yahoo … Read more

As anticipation builds around artificial intelligence ahead of Big Tech earnings, Meta Platforms (META) finds itself in the spotlight. The firm’s Reality Labs division, which specializes in augmented reality (AR), virtual reality (VR), and metaverse technologies, has lost nearly $45 billion since its inception in 2020. Yahoo financial senior reporter Yasmin Khorram offers an in-depth … Read more

June’s existing home sales data disappointed expectations, showing a 5.4% month-over-month decline. Kristina Hooper, Invesco’s chief global industry strategist, joins Catalysts to discuss her outlook on the Federal Reserve and industry trends. Hooper attributes the housing industry’s challenges to the Fed’s tightening cycle, which she says created “golden handcuffs” and forced affordability issues. However, she … Read more

The AI race has pushed the industry to record highs this year, sparking investor concerns of a pullback. Capital Economics Group chief economist Neil Shearing joins Morning Brief to break down why he thinks there’s more room for expansion amid continued demand for the technology. “Normally, what happens during these big breakthrough technologies is that … Read more

The CrowdStrike outage greatly impacted not only airlines but also various sectors in healthcare and hospitality. San Jose State Professor Ahmed Banafa explains that the outage affected many more people than a typical IT failure impacting just one enterprise. He notes that fixing the issue requires manually deleting a malicious file from thousands of computers, … Read more