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Yahoo Finance Daily

SpokenLayer

17
Followers
20
Plays
Yahoo Finance Daily

Yahoo Finance Daily

SpokenLayer

17
Followers
20
Plays
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The latest financial news from the reporters at Yahoo Finance.

Latest Episodes

7/3 Almost 12 million children live in a household that missed rent or mortgage payments during COVID-19: survey

More households paid rent and mortgage payments during the pandemic than expected — but some households, particularly those with children, have struggled to make ends meet during the pandemic. Almost 12 million children in the U.S. live in a household that missed rent or mortgage payments in May — and parents were less confident in their ability to pay in June, according to a U.S. Census Bureau Household Pulse Survey report.

4 MIN1 d ago
Comments
7/3 Almost 12 million children live in a household that missed rent or mortgage payments during COVID-19: survey

‘There is no precedent’: Record-breaking U.S. deficits are coming

Even before the current economic crisis, the federal budget deficit was approaching record levels. Now, after multiple waves of economic stimulus, budget watchers have watched the red ink rise to a level never before seen. “We will have spent as much in the first six months of this crisis as we did on stimulus over five years during the Great Recession,” said Marc Goldwein of the Committee for a Responsible Federal Budget, a bipartisan DC think tank.

5 MIN2 d ago
Comments
‘There is no precedent’: Record-breaking U.S. deficits are coming

Fed Chair Powell warns of economic fallout from a 'second outbreak'

Federal Reserve Chairman Jerome Powell expressed worry that the U.S. economy is not out of the woods yet, telling Congress Tuesday that failure to properly contain the spread of COVID-19 will set back the recovery. “A second outbreak could force government and force people to withdraw again from economic activity,” Powell said in testimony to the House Financial Services Committee alongside Treasury Secretary Steven Mnuchin.

5 MIN3 d ago
Comments
Fed Chair Powell warns of economic fallout from a 'second outbreak'

Here's what the most sophisticated investors are doing with their cash during the market rally

Day traders are having a moment as they sit home without sports and trade a stock market surprisingly melting up during a major global health crisis. But this group of rebels ginned up on recent gains in the equity market may want to phone a few pros in the financial services sector. Because the most sophisticated investors around are starting to get a bit worried if the markets have gotten overextended for a host of reasons, suggests the father of online trading.

3 MIN4 d ago
Comments
Here's what the most sophisticated investors are doing with their cash during the market rally

CEO on Trump’s visa ban: ‘Cutting off others’ will not lead US to prosperity

President Trump’s visa ban has shaken the collective business community. But the tech industry is among the most severely affected, and executives have reacted swiftly and vociferously, expressing frustration and disapproval with the decision. Trump signed an executive order on Monday that prevents hundreds of thousands of foreigners looking to work in the United States through the end of 2020.

8 MIN5 d ago
Comments
CEO on Trump’s visa ban: ‘Cutting off others’ will not lead US to prosperity

Would a president Joe Biden ruin your stock portfolio?

Signs are starting to emerge that the stock market is getting a little worried about how a president Joe Biden would impact corporate profits and by extension the valuations on equities. “I think it’s [the election] starting to matter a little bit more to daily market performance. I would say really over the past few weeks as we’ve seen the betting odds increase of a Democratic sweep.

4 MIN1 w ago
Comments
Would a president Joe Biden ruin your stock portfolio?

A scary number' of retail companies are facing bankruptcy amid the coronavirus pandemic

GNC has walked through death’s door after knocking on it for years. And it’s likely others will follow suit this year as the COVID-19 pandemic continues its devastation of America’s retail sector. The 85-year-old vitamin seller filed for bankruptcy on Wednesday after years of battling waning sales and a debt load north of $1 billion. GNC plans to shutter up to 1,200 stores across the U.S. The company operates more than 5,800 stores. Meantime, fellow debt-laden mall dweller J.C.

9 MIN1 w ago
Comments
A scary number' of retail companies are facing bankruptcy amid the coronavirus pandemic

5 stocks to buy with the stock market skyrocketing again

The stock market is back in major rally mode again after a brief downdraft. So, instead of trying to fight the tape as they say on Wall Street trading floors, why not back up the truck and search for additions to the portfolio. Market experts we talk with are divided on what should be the precise investor attack plan right now considering the market has rallied more than 40% off the March 23 lows, according to Yahoo Finance Premium data.

5 MIN1 w ago
Comments
5 stocks to buy with the stock market skyrocketing again

Coronavirus stimulus: Here’s what has happened so far to the $3 trillion in pandemic aid

Much of the debate around another coronavirus stimulus bill, or phase 4, has centered around how the money from the first three phases has been spent. “We have directly appropriated $3 trillion,” Sen. Pat Toomey (R-PA) said in a recent Yahoo Finance interview. With the Federal Reserve’s lending power added in, he said, the U.S. government actually has around $6 trillion in spending power and “most of it isn’t out the door yet.

10 MIN1 w ago
Comments
Coronavirus stimulus: Here’s what has happened so far to the $3 trillion in pandemic aid

One way to reduce the racial wealth gap is with more 401(k)s: Expert

Studies of the racial wealth gap have found that white households have between 6 and 10 times as much saved in the bank as their African-American counterparts. And that ratio has been largely unchanged (and even grown by some measures) for decades and decades. One way into tackling the problem, according to Danyelle Solomon, the vice president of Race and Ethnicity Policy at the Center for American Progress, is to look at how our retirement system is set up.

5 MIN1 w ago
Comments
One way to reduce the racial wealth gap is with more 401(k)s: Expert

Latest Episodes

7/3 Almost 12 million children live in a household that missed rent or mortgage payments during COVID-19: survey

More households paid rent and mortgage payments during the pandemic than expected — but some households, particularly those with children, have struggled to make ends meet during the pandemic. Almost 12 million children in the U.S. live in a household that missed rent or mortgage payments in May — and parents were less confident in their ability to pay in June, according to a U.S. Census Bureau Household Pulse Survey report.

4 MIN1 d ago
Comments
7/3 Almost 12 million children live in a household that missed rent or mortgage payments during COVID-19: survey

‘There is no precedent’: Record-breaking U.S. deficits are coming

Even before the current economic crisis, the federal budget deficit was approaching record levels. Now, after multiple waves of economic stimulus, budget watchers have watched the red ink rise to a level never before seen. “We will have spent as much in the first six months of this crisis as we did on stimulus over five years during the Great Recession,” said Marc Goldwein of the Committee for a Responsible Federal Budget, a bipartisan DC think tank.

5 MIN2 d ago
Comments
‘There is no precedent’: Record-breaking U.S. deficits are coming

Fed Chair Powell warns of economic fallout from a 'second outbreak'

Federal Reserve Chairman Jerome Powell expressed worry that the U.S. economy is not out of the woods yet, telling Congress Tuesday that failure to properly contain the spread of COVID-19 will set back the recovery. “A second outbreak could force government and force people to withdraw again from economic activity,” Powell said in testimony to the House Financial Services Committee alongside Treasury Secretary Steven Mnuchin.

5 MIN3 d ago
Comments
Fed Chair Powell warns of economic fallout from a 'second outbreak'

Here's what the most sophisticated investors are doing with their cash during the market rally

Day traders are having a moment as they sit home without sports and trade a stock market surprisingly melting up during a major global health crisis. But this group of rebels ginned up on recent gains in the equity market may want to phone a few pros in the financial services sector. Because the most sophisticated investors around are starting to get a bit worried if the markets have gotten overextended for a host of reasons, suggests the father of online trading.

3 MIN4 d ago
Comments
Here's what the most sophisticated investors are doing with their cash during the market rally

CEO on Trump’s visa ban: ‘Cutting off others’ will not lead US to prosperity

President Trump’s visa ban has shaken the collective business community. But the tech industry is among the most severely affected, and executives have reacted swiftly and vociferously, expressing frustration and disapproval with the decision. Trump signed an executive order on Monday that prevents hundreds of thousands of foreigners looking to work in the United States through the end of 2020.

8 MIN5 d ago
Comments
CEO on Trump’s visa ban: ‘Cutting off others’ will not lead US to prosperity

Would a president Joe Biden ruin your stock portfolio?

Signs are starting to emerge that the stock market is getting a little worried about how a president Joe Biden would impact corporate profits and by extension the valuations on equities. “I think it’s [the election] starting to matter a little bit more to daily market performance. I would say really over the past few weeks as we’ve seen the betting odds increase of a Democratic sweep.

4 MIN1 w ago
Comments
Would a president Joe Biden ruin your stock portfolio?

A scary number' of retail companies are facing bankruptcy amid the coronavirus pandemic

GNC has walked through death’s door after knocking on it for years. And it’s likely others will follow suit this year as the COVID-19 pandemic continues its devastation of America’s retail sector. The 85-year-old vitamin seller filed for bankruptcy on Wednesday after years of battling waning sales and a debt load north of $1 billion. GNC plans to shutter up to 1,200 stores across the U.S. The company operates more than 5,800 stores. Meantime, fellow debt-laden mall dweller J.C.

9 MIN1 w ago
Comments
A scary number' of retail companies are facing bankruptcy amid the coronavirus pandemic

5 stocks to buy with the stock market skyrocketing again

The stock market is back in major rally mode again after a brief downdraft. So, instead of trying to fight the tape as they say on Wall Street trading floors, why not back up the truck and search for additions to the portfolio. Market experts we talk with are divided on what should be the precise investor attack plan right now considering the market has rallied more than 40% off the March 23 lows, according to Yahoo Finance Premium data.

5 MIN1 w ago
Comments
5 stocks to buy with the stock market skyrocketing again

Coronavirus stimulus: Here’s what has happened so far to the $3 trillion in pandemic aid

Much of the debate around another coronavirus stimulus bill, or phase 4, has centered around how the money from the first three phases has been spent. “We have directly appropriated $3 trillion,” Sen. Pat Toomey (R-PA) said in a recent Yahoo Finance interview. With the Federal Reserve’s lending power added in, he said, the U.S. government actually has around $6 trillion in spending power and “most of it isn’t out the door yet.

10 MIN1 w ago
Comments
Coronavirus stimulus: Here’s what has happened so far to the $3 trillion in pandemic aid

One way to reduce the racial wealth gap is with more 401(k)s: Expert

Studies of the racial wealth gap have found that white households have between 6 and 10 times as much saved in the bank as their African-American counterparts. And that ratio has been largely unchanged (and even grown by some measures) for decades and decades. One way into tackling the problem, according to Danyelle Solomon, the vice president of Race and Ethnicity Policy at the Center for American Progress, is to look at how our retirement system is set up.

5 MIN1 w ago
Comments
One way to reduce the racial wealth gap is with more 401(k)s: Expert
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