Carlyle co-founder David Rubenstein said investors should expect changes at the Federal Reserve under incoming chair Kevin Warsh, including less communication with markets. But Warsh has a lot to prove on the Fed independence front, he added. “I think what...
Investors should brace for eye-popping capital expenditures numbers from major cloud service providers like Amazon (AMZN) and Microsoft (MSFT) when they report earnings this week. In a new note, JPMorgan strategist Samik Chatterjee offered some fresh estimates on accelerating AI...
Energy observers are increasingly acknowledging a bottom line for motorists that prices at the pump are likely to be elevated for the foreseeable future — no matter what happens in the short term in the Strait of Hormuz and with...
Phillips 66 (PSX) CEO Mark Lashier contends a Middle East ceasefire won’t be enough to fix oil markets. The damage to the global energy system is already done. “It will be difficult. It will be timely,” Lashier told Yahoo Finance...
The Department of Labor unveiled on Monday a new proposed rule for 401(k) plan sponsors that want to offer plan participants the option of investing in private equity and other “alternative” investments like crypto and commodities. The proposed rule gives...
More than 1,000 people become millionaires in the U.S. each day. If you’ve dreamed of becoming a millionaire, you’re not alone. To many, hitting this financial milestone signals you’ve “made it.” With assets valued at seven figures, you can wave...
Investors are facing a historic supply shock as a $14 trillion deluge of high-quality debt prepares to hit global markets over the next year. According to Apollo Global Chief Economist Torsten Slok, this unprecedented debt wave — fueled by massive...
More than 1,000 people become millionaires in the U.S. each day. If you’ve dreamed of becoming a millionaire, you’re not alone. To many, hitting this financial milestone signals you’ve “made it.” With assets valued at seven figures, you can wave...
Tax season is in full swing. In this episode of The Big Idea, presented by Block Advisors, built by H&R Block, Host Elizabeth Gore breaks down important upcoming tax changes affecting overtime pay and tipped income. A new law introduces...
February’s Consumer Price Index (CPI) data shows that inflation mostly held steady from January. Interactive Brokers chief strategist Steve Sosnick, Yahoo Finance Head of News Myles Udland, and New Century Advisors chief economist Claudia Sahm join Morning Brief host Julie...
There is, once again, something shady happening on Wall Street. And when I say shady, I mean it literally: The drama du jour comes from the world of private credit, which is part of a vast, opaque industry known as “shadow” banking....
AI is just one part of the complicated GDP and labor market picture. Consumer spending is soldiering on. Business investment continues to grow. And the economy’s expanding, albeit at a slower pace. So where are the jobs? The US saw...
Before you make your next big business purchase, there’s a tax update you need to know… In a special segment from this week’s episode of The Big Idea with Elizabeth Gore, featuring Vita Coco (COCO) Co-Founder and Executive Chairman Mike...
US Supreme Court justices expressed skepticism Wednesday of the Trump administration’s arguments for firing Federal Reserve governor Lisa Cook, cautioning that there are larger implications not just for the central bank and its independence but for government appointees more largely....
More car buyers are taking on $1,000-a-month payments, data shows. The average monthly payment on a new vehicle in 2015 was $491. The average amount financed: $28,769. Now, some 10 years later, the average monthly payment in the fourth quarter...
