The Federal Reserve announced that it will leave finance charge rates unchanged and comments from Fed Chair Jerome Powell made it clear that the Fed will most likely not make any cuts in March either. Many on Wall Street are reeling from this announcement, fueling the fire for more debates as to when the Fed … Read more
China’s largest property developer Evergrande (3333.HK) faces liquidation after courts deemed the enterprise incapable of delivering on restructuring plans. The Chinese economy contends with uncertainties as officials attempt to inject a stimulus package of $278 billion (2 trillion Chinese yuan) back into markets. Meyer, Unkovic & Scott Partner Dennis Unkovic comments on contagion fears associated … Read more
US GDP came out at an annualized rate of 3.3% for the fourth quarter of 2023. Will the Federal Reserve adjust its debt charge rate cut plan following the US economy’s development in this latest data print? Macquarie Group Head of Economics David Doyle sits down with Yahoo money management to discuss what is probably … Read more
Tesla (TSLA) reported fourth quarter earnings that missed analyst estimates on both the top and bottom lines. The EV maker reported adjusted earnings of $0.71 per share, just shy of Street estimates of $0.73. Revenue of $25.17 billion also fell short of the $25.87 billion expectation. Tesla also warned that its vehicle volume development rate … Read more
Many on Wall Street are still guessing what the Federal Reserve’s next move will be. The debate between if and when the Fed will cut debt charge rates rages on as more inflation data is revealed. Morgan Stanley Chief Global Economist Seth Carpenter joins Yahoo financial to give insight into how investors can use labor … Read more
December jobs data blew past Wall Street’s expectations, adding 216,000 jobs to the US labor sector last month. Does this reshape the Federal Reserve’s 2024 plans for finance charge rate cuts and what should the biggest takeaway be for investors? PIMCO sector Strategist and investment mix Manager Tony Crescenzi joins Yahoo financial Live to talk … Read more
As the stock and bond markets are off to a rough start in 2024, minutes from the Federal Reserve’s last FOMC meeting illustrate the possibility that finance charge rates will peak this year. Innovator Capital Management Head of Research & funding plan Tim Urbanowicz examines how sustainable the Fed’s inflation goals will be. “The one … Read more
#yahoofinance #stockmarket #investing #stocks #Fed #inflation Executives, experts, and influencers join the Yahoo Finance team to discuss what’s moving the world of finance. To get the latest markets news check out finance.yahoo.com About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage … Read more
#nvidia #yahoofinance #ai #stockmarket Nvidia (NVDA) had an amazing 2023, with the stock surging more than 230%. The stock dominated conversations about AI technology and has rivals racing to catch up. What could be in store in 2024? Yahoo financial Anchors Brian Sozzi and Brad Smith take a deep dive into Nvidia’s performance and the … Read more
Geopolitical conflicts could create further headwinds for the markets. While the economy has seemed to weather these headwinds so far, potential “”shocks”” to the industry could still occur, according to Brian Jacobsen, Chief Economist at Annex Wealth Management. He joined Yahoo financial to discuss these ongoing conflicts and how investors can best position their collection … Read more