GameStop (GME) shares saw volatile movement on Monday morning as “Roaring Kitty” returned to social media. The social media comeback of the investor, who originally inspired the historic short squeeze of the stock back in 2021, caused a massive jump in trading on Monday, resulting in a halt on trading for the stock. Yahoo financial … Read more
April’s Consumer Price Index (CPI) will be released on Wednesday. The core CPI is expected to increase by 3.6% year over year. The metric is a key tool for the Federal Reserve to assess inflation and shape future policy decisions. ICG Head of Economic and funding Research Nicholas Brooks joins The Morning Brief to give … Read more
Good news may be on the way for Medicare recipients. The government’s annual review of the Medicare program has shown an improvement in its money health. Yahoo money management’s Senior Columnist Rick Newman breaks down the details, providing insights into what this could mean for social security benefits, healthcare costs amid the high inflation environment, … Read more
According to a survey from Santander lender, about 80% of Americans have less than $25,000 in their savings accounts. As inflation concerns grow, worries about how much Americans think they need to save for retirement are also increasing. Santander US chief executive officer Tim Wennes joins Wealth! to give insight into how Americans are putting … Read more
It has been a big week for the retail sector, with a slew of big box retailers reporting earnings, from Walmart (WMT) to Target (TGT) and Home Depot (HD). The University of Michigan Consumer Sentiment reading was also released this week, its figure coming in lower than expected. Argus Research Senior Analyst Chris Graja and … Read more
#shares #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest sector news check out financial.yahoo.com The Dow eked out its eighth straight session of gains on Friday as US shares finished the day mostly in the green, despite the three major indexes losing some steam earlier in … Read more
Gold (GC=F) has seen quite the run in 2024 and is set for its best week since early April. The commodity is often viewed as a hedge bet against inflation, but could all that change if the Federal Reserve decides to cut borrowing charge rates? Path Trading Partners Co-Founder and Chief industry Strategist Bob Iaccino … Read more
As Big Tech companies reported earnings, they also revealed a massive wave of planned spending on AI projects and infrastructure. Some companies like Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) have pulled ahead, while others, like Apple (AAPL), have faced mounting challenges. Wedbush Securities Managing Director Dan Ives joins The Morning Brief to discuss … Read more
Novavax (NVAX) shares are skyrocketing after announcing a $1.2 billion deal with Sanofi (SNY) to commercialize a combined COVID-19 and flu shot. Yahoo money management’s Anjalee Khemlani joins The Morning Brief to report more on the story. The Novavax-Sanofi deal also includes co-commercialization of the COVID-19 vaccine currently on the sector. Novavax will be entitled … Read more
Yahoo money management Executive Editor Brian Sozzi is joined by Kellanova Chairman, top executive, and President Steve Cahillane to discuss the Pop-Tart movie starring Jerry Seinfeld the enterprise’s latest earnings report and shrinkflation. Cahillane shares an example of the enterprise’s efforts to consider the customer and inflation when downsizing products: “If you think about from … Read more