Robinhood beats forecasts as meme stocks and crypto revive

Yahoo Finance Video
Federal Reserve interest rate cut won't prevent downturn in US economy – Steve Hanke
On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke with economist Steve Hanke who shared his concerns about the US economy, predicting that a recession is imminent due to the Federal Reserve's delayed response in cutting interest rates. He emphasised that the US money supply has been shrinking since July 2022, historically a strong indicator of an impending recession. Hanke warned against investing in risk assets like stocks, which he considers overpriced, recommending instead safer investments like U.S. Treasuries and gold. Hanke underscored that changes in the money supply, not interest rates, are the primary drivers of economic trends. He expressed confidence in gold's continued strength and advised investors to reduce exposure to volatile assets like bitcoin. Additionally, Hanke stress that the economic policies of both U.S. presidential candidates were problematic, voicing concerns about their potential impacts on an already fragile economy.
Yahoo Sport Australia
Victor Radley in huge NRL finals development for Roosters after Braith Anasta revelation
The shock news comes ahead of the Roosters' semi-final against Manly. Details here.
Yahoo News Australia
Warning to locals after giant animal climbs out of Aussie river
Kids, dogs and rubberneckers were spotted getting dangerously close to the visiting marine mammal. Find out more.
BBC
Berkshire's Big Picture: Wednesday's image of the county
Showcasing the best images sent to us from around Berkshire.
BBC
Embattled Tupperware owner files for bankruptcy
The US company says it will ask for court permission to start a sale process of the business.
BBC
Hampshire & Isle of Wight: Wednesday's Big Picture
Showcasing the best images sent to us from around Hampshire & Isle of Wight.
Australian Associated Press
Climate case fails to stop gas exploration in NT
A test case claiming Tamboran Resources failed to mitigate future greenhouse gas emissions has been rejected by a Darwin Supreme Court judge.
Associated Press
Japan's trade deficit grows while both imports, exports fall short of forecasts
Japan posted a trade deficit for a second straight month in August, the Finance Ministry said Wednesday, despite signs of sluggish consumer spending that weighed on imports. Japan’s trade deficit totaled 695 billion yen, or $4.9 billion, down 26% from a year earlier, the ministry said. Exports totaled 8.4 trillion yen ($59 billion), up 5.6% from the same month the previous year.
Insider Monkey
Pfizer Inc. (PFE): Among the Best Stocks to Buy for Passive Income
We recently compiled a list of the 7 Best Stocks to Buy for Passive Income. In this article, we are going to take a look at where Pfizer Inc. (NYSE:PFE) stands against the other good stocks to buy for passive income. With rising costs in today’s world, people are constantly searching for ways to earn additional […]
People
Wilmer Valderrama Reveals 'Friendly Rivalry' with Ashton Kutcher on Set of “That 70s Show”
Valderrama said he and Kutcher would often compete to see "who could get the biggest laughs from the audience"
The Independent
Hundreds of pagers exploded in Lebanon and Syria - here’s what we know
Hezbollah claims the attack was carried out by Israeli forces and vows to respond. Israel has declined to comment
The Independent
Hezbollah exploding pagers latest: Israel braces for retaliation after 9 killed in Lebanon attack
A Hezbollah official claimed the detonations was the ‘biggest security breach’ in nearly a year of war with Israel
Yahoo Sport Australia
Wayne Bennett hands Josh Schuster NRL lifeline after ugly $1 million Sea Eagles exit
The super coach is willing to take the risk on the talented back-rower. Read more here.
The Independent
Hezbollah pagers incident could pour fuel onto volatile situation in Lebanon
ANALYSIS: Israel and Iran-backed Hezbollah are engaging in daily cross-border fire, sparking fears their conflict could morph into a war, says Bel Trew
The Daily Beast
Woman Who Claims Diddy Shot Her in the Face Cheers His Downfall
If the 9mm hollow-point bullet fired directly into her face a quarter century ago had proved fatal, Natania Reuben would be long dead, and there would have been no teenage daughter to call to her from the top of the stairs on Monday night.“She says, mommy, guess who’s in custody?” Reuben later told the Daily Beast. “I asked her if it was somebody locally in town that we know. And she’s like, ‘No, he’s bigger.’”Reuben then saw something akin to bewilderment in the eyes of her daughter, Nirvana. R
BBC
Hezbollah blames Israel after pager explosions kill nine and injure thousands in Lebanon
Nine people have been killed and 2,800 wounded by the blasts, the Lebanese health ministry says.
People
Carson Daly Remembers Mom on 7-Year Anniversary of Her Death: 'I Think About Her Every Single Day'
Pattie Daly Caruso on Sept. 17, 2017, at the age of 73
The Independent
Ukraine-Russia war live: War casualties hit 1 million as Russian border region closes schools
The soldier was allegedly executed in Donetsk, which has seen fierce fighting for the town of Pokrovsk
Simply Wall St.
3 Japanese Growth Companies With High Insider Ownership And 41% ROE
Japan's stock markets have shown mixed performance recently, with the Nikkei 225 Index gaining 0.5% while the broader TOPIX Index declined by 1.0%. Amid this backdrop of fluctuating indices and a strengthening yen, growth companies with high insider ownership can offer unique investment opportunities. In today's market conditions, identifying stocks that combine strong growth potential with significant insider ownership can be particularly appealing. Here are three Japanese growth companies...
Simply Wall St.
Integrated Research Limited's (ASX:IRI) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Integrated Research (ASX:IRI) has had a rough month with its share price down 22%. However, stock prices are usually...

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Robinhood beats forecasts as meme stocks and crypto revive

Latest stories

Federal Reserve interest rate cut won't prevent downturn in US economy – Steve Hanke

Victor Radley in huge NRL finals development for Roosters after Braith Anasta revelation

Warning to locals after giant animal climbs out of Aussie river

Berkshire's Big Picture: Wednesday's image of the county

Embattled Tupperware owner files for bankruptcy

Hampshire & Isle of Wight: Wednesday's Big Picture

Climate case fails to stop gas exploration in NT

Japan's trade deficit grows while both imports, exports fall short of forecasts

Pfizer Inc. (PFE): Among the Best Stocks to Buy for Passive Income

Wilmer Valderrama Reveals 'Friendly Rivalry' with Ashton Kutcher on Set of “That 70s Show”

Hundreds of pagers exploded in Lebanon and Syria - here’s what we know

Hezbollah exploding pagers latest: Israel braces for retaliation after 9 killed in Lebanon attack

Wayne Bennett hands Josh Schuster NRL lifeline after ugly $1 million Sea Eagles exit

Hezbollah pagers incident could pour fuel onto volatile situation in Lebanon

Woman Who Claims Diddy Shot Her in the Face Cheers His Downfall

Hezbollah blames Israel after pager explosions kill nine and injure thousands in Lebanon

Carson Daly Remembers Mom on 7-Year Anniversary of Her Death: 'I Think About Her Every Single Day'

Ukraine-Russia war live: War casualties hit 1 million as Russian border region closes schools

3 Japanese Growth Companies With High Insider Ownership And 41% ROE

Integrated Research Limited's (ASX:IRI) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?