The April jobs report is yet another piece of economic data that is watched closely by the Federal Reserve and Wall Street alike. It is an indication of how the economy is growing and trends in inflation, but could there be something new with this month’s report? The US Bureau of Labor Statistics reported that … Read more
Stock buybacks are when a enterprise buys back its share to reduce the number of outstanding shares on the sector, increasing the ownership of the stakeholder. It can impact share price and give off multiple signals about the strength of a enterprise when they are announced. Yahoo money management’s Julie Hyman joins Wealth! to break … Read more
Stagflation concerns have been looming in markets, but Federal Reserve Chair Jerome Powell brushed them aside during his latest press conference. In the face of a weaker-than-expected jobs report and persistent inflation worries, Yahoo money management’s Rick Newman analyzes what this means for President Joe Biden’s administration. #youtube #news #yahoofinance About Yahoo money management: Yahoo … Read more
property loan rates grew higher for the 5th week in a row, with the 30-year property loan rate hovering around 7.2%, according to Freddie Mac. With so much uncertainty in the industry, is now a good time to invest? Is there more to the story than just property loan rates? The Connor Group Founder Larry … Read more
Starbucks (SBUX) stock has dove lower this week after the beverage giant missed second-quarter earnings estimates, the stock’s worst post-earnings performance since 2000. Citi lender Restaurant Sector Analyst Jon Tower joins Catalysts to discuss how Starbucks can turn its performance around and recover losses. “[Starbucks] is effectively, by footprint, the second-largest brand in the United … Read more
April’s weaker-than-expected jobs data painted a softer picture of the US labor industry, potentially altering the narrative surrounding the Federal Reserve’s monetary policy stance. While a robust job industry has been the main point of the Fed’s argument for maintaining a “higher for longer” finance charge rate environment, how could cooling employment data influence the … Read more
The US Bureau of Labor Statistics’ jobs report revealed that the US economy added 175,000 jobs in April, below expectations of 240,000, with annual wage expansion also below expectations at 3.9%. Although numbers came in below expectations, some sectors fared better than others when adding jobs and increasing wages. Glassdoor Chief Economist Aaron Terrazas joins … Read more
The April employment report was cooler than economists had been expecting, with the US adding 175,000 jobs compared to the estimated 240,000. Citi Senior Global Economist Robert Sockin and State Street Global Markets Senior Global Multi-Asset Strategist Dan Gerard join Morning Brief to discuss the April report. Sockin notes that the unemployment rate remains at … Read more
Shares of Tanger (SKT) are trading higher after the enterprise reported strong first quarter development and increased its 2024 full-year guidance. Tanger top executive Stephen Yalof joins Catalysts to discuss the state of consumer spending and how Tanger continues on its path of development. Yalof explains that “everybody’s looking for value,” and points to shopping … Read more
Chip shares are on the rise, making up nearly 10% of the S&P 500 (^GSPC) and accounting for nearly half of this year’s gains. Yahoo financial’s Akiko Fujita breaks down why semiconductors are so important. “They are a critical component in almost everything that we use. So any news, any shortages will trickle across industries … Read more