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Flight to Quality: How Institutions Are Responding to Crypto’s Latest Correction
Yahoo Finance· 2026-02-26 10:02
After reaching an all-time high of roughly $4 trillion in total market value in October, crypto markets have entered one of their sharpest corrections in years. Bitcoin, which peaked near $126,000 during the rally, has since retraced to the low $60,000 range. Billions of dollars in leveraged positions have been liquidated, open interest has contracted sharply from late-year highs, and liquidity across trading venues has thinned. ETF flows have turned negative, reinforcing a broader phase of institutional ...
Philippine vehicle sales fall 10% in January
Yahoo Finance· 2026-02-26 10:02
New vehicle sales in the Philippines declined by 10% to 33,696 units in January 2026 from 37,504 units in the same month last year, according to members’ wholesale data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and the Truck Manufacturers Association (TMA). The market has begun to slow in the last few months, following three years of strong growth. January’s market decline followed a sharp slowdown in economic growth in the country in the fourth quarter of ...
How To Make Your $50K Salary Feel Like $100K, According to Humphrey Yang
Yahoo Finance· 2026-02-26 10:00
With the costs of everyday expenses rising, many people feel like their salaries don’t stretch far enough. The PNC 2025 Financial Wellness in the Workplace Report showed that 67% of American workers lived paycheck to paycheck, with 38% feeling financially out of control. While you might be unable to boost your salary immediately, you can focus on increasing the value of each dollar. In a recent video, money expert Humphrey Yang discussed how to reduce costs or maximize the money spent on five key expense ...
Trump pushed for lower gas prices and got them. The oil industry is paying the price.
Yahoo Finance· 2026-02-26 10:00
During his State of the Union address on Tuesday night, President Trump touted an energy industry strengthened by the success of his "Drill, baby, drill" policy, a dual mandate of more hydrocarbon drilling and lower gas prices. A year into Trump's second term, oil and gas production is at or near all-time highs, and gasoline prices average below $3 per gallon nationally. But for the US oil and gas industry, the president's ambitions have come at a cost. "Capital efficiencies and returns drive our inve ...
Analysis-Japan's Takaichi gets her doves in a row with BOJ board appointees
Yahoo Finance· 2026-02-26 10:00
By Leika Kihara TOKYO, Feb 26 (Reuters) - Japanese Prime Minister Sanae Takaichi's choice of two like-minded monetary doves to the central bank's board sends a not-so-subtle message about her distaste for higher interest rates, casting doubt on how much further policy can be tightened. The Ministry of Finance, which in the past had been involved in forming a list of candidates for the ‌post, was kept out of the loop with the premier holding her choice close to her chest, two sources familiar with the mat ...
Employees are using AI in harmful ways. Companies may be in the dark
Yahoo Finance· 2026-02-26 10:00
“It isn’t just that people are passing off AI as their own work; they're also poisoning the corporate well by relying on AI slop,” said Nick Misner, COO of Cybrary, an Atlanta-based cybersecurity professional development platform. “While AI accelerates the speed at which we can code, it’s introducing more debt and security vulnerabilities into the organization.”--- More than half, 57%, are making mistakes in their work because of unchecked AI use, and 53% are concealing their AI use entirely, presenting AI- ...
Denver-based c-store retailer exits the industry
Yahoo Finance· 2026-02-26 10:00
This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Monfort Companies, a Denver-based investment management firm that got into convenience retailing in 2013, has sold the last of its c-stores and its petroleum marketing business, according to an announcement from advisory firm Matrix Capital Markets, which coordinated the divestitures. Monfort, which at its peak operated 80 c-stores, has quietly been di ...
7-Eleven’s chief merchandising officer to depart
Yahoo Finance· 2026-02-26 10:00
This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Jesus Delgado-Jenkins, executive vice president and chief merchandising officer for 7-Eleven, will step down from the convenience retailer by the end of this month, according to an internal memo seen by C-Store Dive. Delgado-Jenkins, who is retiring, will remain with the company through late February to support “a smooth transition for the next generat ...
How Much Bitcoin Should Be in Your Portfolio?
Yahoo Finance· 2026-02-26 09:57
If you're considering buying cryptocurrency, start with Bitcoin (CRYPTO: BTC). Even compared to traditional assets like gold, Bitcoin has lucrative long-term upside potential. But how much Bitcoin should the average investor hold? The answer might surprise you. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Most investors should own ...
Sealed Air shareholders approve $10.3bn takeover by CD&R
Yahoo Finance· 2026-02-26 09:56
Shareholders of packaging business Sealed Air have voted to approve the company’s acquisition by an affiliate of private equity company Clayton, Dubilier & Rice (CD&R), in a transaction valued at $10.3bn. The decision followed a special meeting where all proposals related to the takeover received shareholder support. Sealed Air will disclose the final voting results in a forthcoming filing with the US Securities and Exchange Commission. Sealed Air CEO Dustin Semach said: "We are pleased with the result ...