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How CPI data could impact the Fed’s interest rate policy
US Futures (YM=F, ES=F, NQ=F) are climbing higher Tuesday morning, as investors anticipate key inflation data in the form of the Consumer Price Index (CPI) to give more clarity into how the Federal Reserve may make its next policy decision. The debate abou
Trump Media stock plummets, erasing all gains since debut
Shares of Trump Media & Technology Group (DJT) have experienced a significant decline, erasing all the gains the stock had made since the company went public in March. The stock, which had previously hit a high of $80 per share, has now fallen to approxima
Stock market today: US stocks turn lower ahead of CPI inflation data | April 9 Yahoo Finance
US stocks turned lower on Tuesday as investors bide their time until a key inflation report lands and potentially sheds light on the path of interest rates. By mid-morning trading, all three major indexes reversed earlier session gains. The Dow Jones Indus
3 core principles to consider when investing in index funds
Index funds — a portfolio or group of stocks designed to mimic the performance of existing stock market indexes (^DJI, ^IXIC, ^GSPC) — generally have a 97% chance of outperforming regular markets based on portfolio composition, according to Ferri Investmen
The Fed is 'fighting the American consumer': Economist
According to the CME FedWatch Tool, the odds of a first rate cut in June fell 6% compared to a month ago. Fueling this debate is mixed messaging from Fed leadership and an influx of inflation data that shows how well certain aspects of the economy are perf
LIVE: President Biden remarks on the care economy
LIVE: President Biden remarks on the care economy About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your f
Healthcare, tech are 'major players' in IPO momentum, analyst says
The IPO market has started to see increased activity in 2024, with 33 IPOs so far. Renaissance Capital Assistant Portfolio Manager Avery Marquez joins Yahoo Finance Live to discuss why she believes a spring pickup is starting to materialize. Marquez states
Google announces its new Arm-based 'Axion' chip
Google (GOOG, GOOGL) has announced the development of a new custom-built server chip based on Arm Holdings (ARM) technology. The CPU dubbed "Axion" is a chip that the tech giant has designed in-house. About Yahoo Finance: Yahoo Finance provides free stock
Filing your taxes late? Here's how to make a plan and act on it
As the April 15 tax filing deadline approaches in less than a week, many Americans have waited until the last minute to submit their returns. Jackson Hewitt Chief Tax Information Officer Mark Steber joins Wealth! to provide insights on what individuals nee
Biden proposes 'wealth tax' for Americans with over $100M
The Biden administration is proposing a new wealth tax targeting Americans with a net worth of $100 million or more. Under the proposed plan, these high-net-worth individuals would be required to pay a 25% tax on their wealth. Yahoo Finance's Rebecca Chen
Tesla set to launch its robotaxi as race with GM and Google intensifies
According to a report from Bloomberg, General Motors (GM) is set to resume testing of its Cruise robotaxi in Phoenix, Arizona, while Elon Musk announced on Friday in a post on X.com that Tesla (TSLA) will be unveiling its robotaxi on August 8. In addition,
Fed rate cut timing may not matter as much anymore: Strategist
This week is full of key inflation data in the form of the Consumer Price Index (CPI) and Producer Price Index (PPI) as well as jobless claims, a slew of earnings from major financial institutions, and minutes from the March FOMC meeting will be released.
Blackstone to take Apartment Income REIT private in $10B deal
Blackstone Inc. (BX) is on the path to acquiring Apartment Income REIT Corp. (AIRC) for $10 billion with plans to take the real estate investment firm private. Yahoo Finance Live monitors shares of Apartment Income REIT Corp. following this announcement. A
President Biden remarks on lowering costs for Americans
President Biden remarked on lowering costs for Americans on April 8, 2024. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information
Why gold has ‘a lot more room’ to grow: Strategist
2024 has been an especially good year for commodities so far, where gold (GC=F) and silver (SI=F) prices continue to climb and crude oil (CL=F, BZ=F) has even pierced above $90 per barrel. Bloomberg Intelligence Commodity Strategist Mike McGlone explains t
How to navigate inheritance conversations
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According to an Edward Jones report, 48% of Americans plan to leave an inheritance, but over a third intend to refrain from discussing what they're leaving behind. Edward Jones Head of Wealth Management Advice and Solutions Lena Haas joins Yahoo Finance We
Semiconductor giant TSMC to receive $6.6B in grants from Biden administration
Shares of Taiwan Semiconductor Manufacturing Company (TSM) — commonly referred to as TSMC — are moving higher after the Biden administration announced it will give $6.6 billion in federal grants to the chip maker, as the company adds another $25 billion to
How inflation has impacted retirement saving strategies
Dealing with challenges created by high inflation, many Americans have been forced to make adjustments to their retirement savings strategies. Some have opted to pause or lower their contributions, while others have even resorted to dipping into their acco
Bitcoin: Analyst explains why he nearly doubled price target for MicroStrategy $MSTR
Benchmark Managing Director and Senior Research Analyst for Fintech and Digital Assets significantly raised his price target on MicroStrategy (MSTR), from $990 to $1,875, while reiterating the Buy rating on the stock. This move was prompted by the ongoing