LIVE: Fed Chair Powell speaks at The Brookings Institute on economic outlook

youtube.com LIVE: Fed Chair Powell speaks at The Brookings Institute on economic outlook — 11/30/22 CNBC Television Stock market news live updates: Stocks waver ahead of Powell's speech…

It's a stock-picker's market in semis, says Bernstein's Rasgon

youtube.com It's a stock-picker's market in semis, says Bernstein's Rasgon CNBC Television 'Wild ride': Morgan Stanley's Mike Wilson predicts double-digit percentage drop will hit…

Seattle tops nation’s slowing housing markets

google.com Seattle tops nation’s slowing housing markets The Seattle Times U.S. home prices fall for 3rd straight month Yahoo Finance US home prices tumble in September for third…

Apple watcher: iPhone revenue 'may be significantly lower' amid China disruption

yahoo.com The iPhone estimate cuts continue to rain down on mighty Apple as unrest in China upsets the tech giant's manufacturing cadence. "The production of the Zhengzhou iPhone…

'Big Short' investor Danny Moses warns a US recession looks inevitable

businessinsider.com Danny Moses. RealVision/YouTube A US recession may be unavoidable, "The Big Short" investor Danny Moses has warned. Moses expects a slowdown in consumer spending to hit…

Biden again urges Congress to help avert rail strike

aol.com The pressure is on for railroad unions and management to reach a labor deal before a potential freight rail strike hits the U.S. in 10 days. Negotiations have been ongoing…

Zucc: To Metaverse or not to Metaverse?

yahoo.com Yahoo Finance tech reporter Allie Garfinkle breaks down the declines Meta has seen in its own stock value, its competition with other platforms and app stores, and its…

China's chip industry fights to survive U.S. tech crackdown

nikkei.com China's chip industry fights to survive U.S. tech crackdown Nikkei Asia China enlists Alibaba and Tencent in fight against US chip sanctions Financial Times From chips to…

Oopsie! Did Elon Musk Just Forget To Comply With This California Law?

dealbreaker.com Today the internet is aflutter with word of the mass layoffs coming to social media giant Twitter, following Elon Musk’s takeover. While many suspected something like this…

Apple could have 2 non-China problems on its hands in 2023: Analyst

yahoo.com Apple (AAPL) could have a few other problems on its hands in 2023 besides an uncertain manufacturing situation in China, according to one Apple bull on the Street. "I think…

Senate intel chair: 'If I had young kids, I wouldn't want th…

aol.com TikTok has become enormously popular with teens and young adults globally, and one U.S. senator is sounding the alarm on the security risks that the Chinese-operated app…

Yahoo wants to launch a trading platform to become the 'Bloomberg' for retail investors, report says

businessinsider.com SOPA Images / Getty Images Yahoo execs want to build a retail trading platform in an effort to bolster growth, Axios reported. Yahoo reported $7.1 billion in full year…

'Cash is king' right now, says strategist

aol.com Rallies within the current bear market are a good time to reallocate holdings — and staying in cash isn’t a bad idea, says one strategist. “We’re recommending to take…

Yahoo Explores Retail Stock Trading, Sports Betting On Heels Of Taboola Deal

benzinga.com Yahoo, a portfolio company of private equity giant Apollo Global Management APO, has a retail trading business in the works. Yahoo's new commerce and transaction business is…

A recession is inevitable if the Fed maintains restrictive policy, says Wharton's Jeremy Siegel

youtube.com A recession is inevitable if the Fed maintains restrictive policy, says Wharton's Jeremy Siegel CNBC Television Wait, What? Wharton Professor Jeremy Siegel Says The Housing…

As tech companies seek to limit losses, a reminder of how far some have to go

techcrunch.com The 2022 perspective that startups should cut their losses and chart a clearer path to profitability does not only apply to upstart tech companies. After a multiyear…

Oil's huge surge in 2022 has completely reversed: Morning Brief

yahoo.com This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, November 29,…

Live news: China equities rebound after protests against zero-Covid spark slump

ft.com Live news: China equities rebound after protests against zero-Covid spark slump Financial Times Asia shares, oil prices rally as China speculation swirls Reuters China…

Top Fed official warns US unemployment could hit 5% next year

ft.com Top Fed official warns US unemployment could hit 5% next year Financial Times Fed’s Williams Says Inflation Fight Could Last Into 2024 The Wall Street Journal Underlying…

Crypto Veteran Bobby Lee Reveals His Bitcoin Price Floor, Says Bad Actors of Industry Should Be ‘Flushed Out’

dailyhodl.com Crypto industry veteran Bobby Lee says that bad actors ignorant of regulation have to be expunged from the market. In a new interview with Bloomberg Markets Asia on Yahoo…

Yes, Crypto Really Is Dangerous To Your Wealth, And Your Health

forbes.com If the last two years have taught investors anything, it should be that crypto investing is a treacherous activity. In other words, unless you have an iron stomach that can…

Lawmakers, legal experts ratchet up Ticketmaster scrutiny after Taylor Swift fiasco

aol.com The Taylor Swift saga was a black mark for Ticketmaster's parent company, Live Nation Entertainment (LYV). A report from The New York Times last week said the Justice…

Yahoo gets 25% stake in Taboola as part of long-term advertising deal

techcrunch.com Yahoo is taking a nearly 25% stake in advertising network Taboola. In exchange for this move, Taboola is becoming Yahoo’s native advertising partner through a 30-year…

Amazon Web Services plans to be water positive by 2030

yahoo.com Amazon Web Services (AWS) on Monday revealed that it plans to be water positive, giving back more water than it uses directly, by 2030. Amazon's (AMZN) cloud business has…

Goldman: We don't like stocks here

yahoo.com Goldman Sachs thinks that being defensive on stocks is the best bet headed into a 2023 that may see a long-talked about U.S. recession. "We remain relatively defensive for…

Macy's is bucking the trend of retail's woes: Morning Brief

yahoo.com This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 28,…

Analyst: 'Demand for housing is still very strong'

yahoo.com Even though monthly mortgage payments reached a record high in October, there are still many eager homebuyers, according ton one analyst, who cited the unexpected rise in…

Elon Musk will need help at Twitter, leadership expert says

yahoo.com Elon Musk will need more trusted recruits if he wants to successfully reinvent Twitter, according to one former top CEO. Elon "needs a team around him," Bill George, former…

‘Wolf of Wall Street’ Jordan Belfort admits losing $300k to Crypto Hackers

finbold.com Former stockbroker, commonly known as the “Wolf of Wall Street,” Jordan Belfort, has admitted falling victim to a crypto hacking incident while stressing on the importance…

Reasons to avoid store cards

theweek.com Here are three of the week's top pieces of financial insight, gathered from around the web: The Select Seven are suffering Seven stocks helped boost the S&P 500 index to…

History shows holiday trading favors the bulls: Morning Brief

yahoo.com This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 25,…

Retirement Weekly: News and analysis for those planning for or living in retirement

marketwatch.com From MarketWatch Retirement: Social Security recipients are missing out on $182,000 by claiming too early, study finds. The study says that more than 90% of American workers…

Elon Musk's Twitter Is on a Collision Course With Google and Apple, According to Former Safety Chief

inc.com Elon Musk's Twitter Is on a Collision Course With Google and Apple, According to Former Safety Chief Inc. Musk still firing coders at Twitter amid Thanksgiving Greatandhra…

Iger can't wave a 'magic wand' to change Disney's problems: …

aol.com Disney's (DIS) Bob Iger will be inheriting quite a mess as he reassumes the CEO position at a company he led for 15 years. "Disney's problems are more structural than they…

Bitcoin teeters after Grayscale owner DCB reveals it's $2bn in debt

yahoo.com Grayscale owner DCB has revealed that it is $2bn (£1.65bn) in debt, causing the value of bitcoin to look increasingly precarious due to the company's digital asset holdings…

Bob Iger can't wave a 'magic wand' to change Disney's structural problems: Analyst

yahoo.com Disney's (DIS) Bob Iger will be inheriting quite a mess as he reassumes the CEO position at a company he led for 15 years. "Disney's problems are more structural than they…

Binance commits another $1 billion to crypto recovery efforts

yahoo.com Early Friday morning, Binance CEO Changpeng Zhao said the company committed another $1 billion to its relief efforts aimed at helping troubled businesses in the crypto…

Stock market live news updates: Stocks open mixed on holiday-shortened trading day

yahoo.com Stocks opened mixed on a shortened day of trading on Black Friday. Near 9:35 a.m. ET, the S&P 500 was down less than 0.1%, the Dow was up 0.2%, and the Nasdaq was off by…

HP layoffs could set the stage for a big profit boost: Citi analyst

yahoo.com HP Inc. (HPQ) is looking to get leaner amid an ongoing slowdown in demand for PCs and printers, and that could unleash a lot of future earnings power, analysts contend. Late…

Bill Ackman reveals short position against Hong Kong dollar

ft.com Bill Ackman reveals short position against Hong Kong dollar Financial Times Pressure on the Hong Kong Dollar Peg Keeps Building Bloomberg Hedge-fund manager Bill Ackman says…

Elon Musk says, 'Twitter more Japan-centric than US-centric'

youtube.com Elon Musk says, 'Twitter more Japan-centric than US-centric' | English News | WION WION Elon Musk says Twitter’s ideal market isn’t the U.S.—it’s Japan Yahoo Finance Elon…

Markets are blindly expecting the best

businessinsider.com Investors are overestimating how sticky inflation will be, according to Phil Orlando of Federated Hermes. Spencer Platt/Getty Images It's too optimistic to think interest…

3 things investors should be thankful for

yahoo.com This has been a long, trying year for investors. A few lowlights: The Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 are struggling in 2022 (recent risk-on…

US regulators identify 'serious weaknesses' in Citi's resolution plan

ft.com US regulators identify 'serious weaknesses' in Citi's resolution plan Financial Times Citigroup faulted by U.S. banking regulators for poor data management in 'living will'…

Angry protests erupt at Foxconn factory in China amid COVID curbs

youtube.com Angry protests erupt at Foxconn factory in China amid COVID curbs | DW Business DW News Violent Protests Erupt at Apple’s Main iPhone Plant in China Yahoo Finance Gravitas |…

Elizabeth Holmes' judge proposes low-security prison

aol.com The judge who presided over Elizabeth Holmes’ fraud trial and sentenced her last week to more than 11 years in prison has recommended that the former Theranos CEO serve out…