Stock Market Gains On Fed's Urgency For Tight Monetary Policy; Earnings Boost Stocks
The stock market gained as Fed minutes showed the Fed's urgency for tighter monetary policy over the next couple months.
The stock market gained as Fed minutes showed the Fed's urgency for tighter monetary policy over the next couple months.
A union coalition for Tenet Healthcare's workers reached a tentative labor deal with the hospital system that included across-the-board raises of 14% over three years for full and part-time workers, the union said on Friday. Labor unions across the United States have grown bolder in their demands in the last two years, pressing for higher wages and better benefits to combat a loss of spending power caused by inflation and the healthcare sector has emerged at the forefront of that trend. This is the second major agreement in the healthcare sector after Kaiser Permanente's healthcare workers in November voted to ratify a new contract with the hospital chain.
Pro-cash advocates are now taking a "stronger stance" against cashless businesses, an expert has warned.
With the cost of retiring at a record high, it's not surprising older Aussies are looking at overseas locales to spend their golden years. Here are seven of the best.
Police alerted by a friend who had been given access to Google Doc on planned shooting
Mr Trump tried to overturn the 2020 election citing baseless allegations of fraud
Earth Day is right around the corner — Monday, April 22 — along with earnings for major recycling service companies like Waste Management (WM) and Republic Services (RSG). What can be learned from these companies as well as how much of an opportunity is there in sustainability? PA Consulting Sustainability & Regenerative Economy Expert Tony Perrotta joins Yahoo Finance to discuss market opportunities in sustainability, to which he believe there is $12 trillion worth of value, and how companies are utilizing recycling technologies already. Perrotta lays out the major ways companies are working to adopt sustainable methods: "First, better mechanical recycling practices are definitely growing and on the scene, leveraged by things like vision technology, robotics, and any conversation that includes technology obviously includes AI... Second, here in the US, advanced recycling technologies are coming on the scene in a major way, so the ability to either use a chemical process or a physical heat process to take hard-to-recycle materials and return them back to useable form. And then, finally, what we're most excited about is a move into novel and alternative materials altogether. In this realm, you've got things like seaweed, alginates, and plant-based fibers..." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
SARASOTA, Fla., April 19, 2024--Oragenics, Inc. (NYSE American: OGEN), a company focused on developing unique, intranasal pharmaceuticals for the treatment of neurological disorders, today announced that it received a notice (the "Notice") from the NYSE American LLC (the "NYSE American") dated April 18, 2024, notifying the Company that it is no longer in compliance with NYSE American continued listing standards. Specifically, the letter states that the Company is not in compliance with the conti
Five women and seven men have been tasked with hearing the first-ever criminal case against a US president
A slide in tech stock caused the S&P 500 (^GSPC) to close lower on Friday for the sixth straight day. Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour notes that a lot of investors tend to have significant exposure not just to US stocks but some of the Big Tech names specifically. As a result, "it doesn't take a lot to basically say 'maybe I'm too concentrated,'" Karniol-Tambour says, prompting them to sell the stocks. When it comes to when the Federal Reserve will start cutting rates, Karniol-Tambour thinks that "on the margin, we're going to get a little bit less rate cuts than what's in the market, but all of that is a lot less than what was expected just a couple of months ago." She adds that the market is "catching up to the reality" that with both the economy and inflation remaining strong, rates are going to have to stay higher for longer. Karniol-Tambour advises investors to build a resilient portfolio. How do you do that? She gives a few suggestions, including shifting asset allocations to have less exposure to stocks, picking stocks that may be more resilient to whatever the economy brings, and looking at what stocks will perform when "everything else falls." Watch the video above to hear which region Karniol-Tambour says investors may want to start taking a closer look at. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
The NYPD identified the man as Maxwell Azzarello, 37, who is now in critical condition in Cornell burns unit. He has a long history of posting conspiracy theories and railing against the rich and powerful
Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100 employees, the apparel retailer told Reuters on Friday. The Vancouver-based firm will shutter the Sumner distribution center as part of its business optimization effort and cut 128 jobs beginning June 21, according to a WARN notice filed with the state's Employment Security Department. The move comes at a time when Lululemon is seeing slowing demand for its premium athleisure in North America, where excessive inventory levels at sporting retailers has resulted in lower orders for sportswear and apparel firms.
Phish opened its four-night stay at the Sphere Thursday with a four-hour show that used the advanced technology in the $2.3 billion arena to deliver a show that even the band's most ardent fans have never experienced before. “We came in really wanting to do a show that was a great Phish show,” said co-creative director Abigail Rosen Holmes. While Phish shows usually get their visual punch from lighting guru Chris Kuroda’s massive lighting rig, these shows are completely different as the band uses custom visuals on the 160,000-square foot 16K-by-16K LED screen.
As the week draws to a close at Yahoo Finance, anchors Julie Hyman and Madison Mills preview the key events to watch in the upcoming week. Earnings results will be in focus. Tuesday sees a number of big names reporting, such as Tesla (TSLA), PepsiCo (PEP), and General Electric (GE). On Wednesday, Boeing (BA) will unveil its first quarter earnings, an eagerly anticipated report as the company continues to navigate significant headwinds and operational challenges. There are also earnings from Big Tech companies Meta (META), Alphabet (GOOGL, GOOG), and Microsoft (MSFT). Friday energy giants Chevron (CVX) and ExxonMobil (XOM) are scheduled to release their earnings reports, providing insights into the health and dynamics of the oil market. Last, the Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation gauge, will be released on Friday. It's a crucial metric for the central bank's future monetary policy decisions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
The stock market wades into the thick of earnings season with Microsoft, Meta Platforms, Boeing and other leading names due to report.
DALLAS, April 19, 2024--Three attorneys from the trial firm Lyons & Simmons, LLP, have been selected among D Magazine's Best Lawyers in Dallas for 2024.
OAKDALE, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results for the first quarter of 2024. For the three months ended March 31, 2024, consolidated net income was $5,727,000, or $0.69 per diluted share (EPS). This compared to consolidated net income of $5,865,000, or $0.71 EPS, for the prior q
The US House of Representatives is set to vote on a foreign aid package over the weekend which will give billions of dollars in support to several regions including Ukraine, Israel, and the Indo-Pacific region. In addition, a bill forcing ByteDance's divestment from TIkTok has found its way into the package. While there is sure to be pushback from either side of the aisle, is there enough bipartisan goodwill to see the package passed? Stifel Chief Washington Policy Strategist Brian Gardner joins Market Domination Overtime to give insight into the House Foreign Aid package and the chances of it passing. On the chances of it passing, Garner claims the bill "will go to the Senate and I suspect it will ultimately pass. The TikTok issue was something that was kind of interesting because there was some apprehension about the TikTok legislation by some Senate Democrats, among others, that's apparently been addressed. So you're going to have a series of individual votes on these different bills that are going to be cobbled together, merged together, sent to the Senate, and I think it passes. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
While one motorist thought the number plate was 'appropriate' for an electric vehicle, others weren't too impressed by its meaning. Find out why.
The man was later identified by the New York Police Department as 37-year-old Max Azzarello from St Augustine Florida
Fellow undercover officer told investigators police in riot gear ‘beat the f*** out of [Mr Hall] like Rodney King’