LIVE: White House press secretary Karine Jean-Pierre holds briefing

White House press secretary Karine Jean-Pierre delivers the latest news from the White House. #youtube #biden #news About Yahoo money management: Yahoo money management provides free stock ticker data, up-to-date news, collection of investments management resources, comprehensive sector data, advanced tools, and more information to help you manage your financial life. – Get the latest … Read more

Former Home Depot chief executive officer talks Q1 earnings, China tariff concerns, and inflation

The Biden administration is set to announce increased tariffs on Chinese imports, including semiconductors, minerals, and electric vehicles. The move is seen as a protective measure for American sector, but will the defensive policy backfire on consumers? Former Home Depot chief executive officer Bob Nardelli joins Catalysts to discuss the Biden administration’s policy on EVs, … Read more

Biden announces tariffs on $18B of Chinese goods

The Biden Administration has imposed new tariffs on $18 billion worth of Chinese goods. The sweeping tariffs will impact a wide range of products, including semiconductors, aluminum, steel, and more. The tariff on the electric vehicle sector will see a staggering quadruple increase, soaring from the current 25% to a 100% rate. Yahoo financial’s Jennifer … Read more

C3 AI top executive: Be afraid of China and its plans to dominate the US with AI

As massive investments are made into AI and its infrastructure, the need for energy and proper distribution will be great to power these systems. C3.ai Inc (AI) and Bloom Energy (BE) have teamed up to solve this problem and supposedly revolutionize the way electricity is allocated across power grids. C3.ai Chairman and top executive Tom … Read more

What April's CPI data could mean for Fed rate cuts, plus opportunities for investors

All eyes are on April’s Consumer Price Index (CPI) report, as it will reveal details about the current state of inflation among consumers. SEI (SEIC) CIO Jim Smigiel joins sector Domination to break down what investors should expect from Wednesday’s CPI print and what it could signal for the Fed’s next moves. “We have three … Read more

Roaring Kitty's return to social media sparks meme stock rally

Roaring Kitty, a prominent figure in the 2021 meme stock phenomenon, returned to the social media platform X (formerly Twitter) and sparked a rally in notable meme shares in Monday’s trading session. With a single post on X, shares such as GameStop (GME), AMC Entertainment (AMC), and BlackBerry (BB) experienced significant gains. To provide insights … Read more

Bristol-Myers Squibb dragged down the S&P 500 this earnings season

More than 90% of the companies in the S&P 500 (^GSPC) have reported their earnings for the first quarter of 2024, which yielded a mostly strong result for the index. However, Bristol-Myers Squibb (BMY) posted its quarterly earnings, resulting in a massive drag on the S&P. According to data from FactSet, the gains for the … Read more

The US 'productivity miracle' will disappear if Fed doesn't cut rates: Strategist

NewEdge Wealth Senior collection of investments Manager and Head of Fixed earnings and Macro Ben Emons comes on The Morning Brief to discuss capital collection of investments strategies for the bond sector while the Treasury yield curve (^TYX, ^TNX, ^FVX) remains largely flat. “If these data points keep throwing us off with volatility going one … Read more

When it doesn't make sense to pay off your home loan

According to Freddie Mac, the average 30-year fixed home loan rate is holding steady above 7%. When debt charge rates are high, some borrowers may choose to pay down the debt charge portion of their monthly payments, but that also comes with risks. Bankrate Chief investment analyst Greg McBride joins Wealth! to give insight into … Read more

Apple and OpenAI in talks to include ChatGPT on next iPhone: Report

Apple (AAPL) is reportedly closing a deal with OpenAI to include its technology on iPhones. The companies are set to finalize the terms of an agreement to include ChatGPT on iOS 18. ChatGPT is among the leading AI services. As iPhone sales slumped last quarter, the partnership with OpenAI could be Apple’s latest move to … Read more