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Economists See Fed Rate Cut Next Week, at Least One More in 2025
Yahoo Finance· 2025-09-12 10:00
Jobseekers during a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US. Cracks in the job market will likely prompt the Federal Reserve to execute a series of interest-rate cuts in the coming months, beginning with a reduction next week, according to economists surveyed by Bloomberg News. Most Read from Bloomberg The median respondent sees two cuts by year’s end, but a sizable minority — more than 40% — anticipates three reductions. Of those anticipating two moves, ...
Prediction: This Unstoppable Artificial Intelligence (AI) Stock Will Be the World's First $10 Trillion Company by 2030
Yahoo Finance· 2025-09-12 10:00
Key Points Demand for AI computing power is accelerating. Nvidia projects a massive worldwide opportunity by 2030. 10 stocks we like better than Nvidia › Currently, Nvidia (NASDAQ: NVDA) is the world's largest company, with a market cap of $4.2 trillion. So, predicting that a stock will reach a $10 trillion market cap by 2030 is daunting. However, I think that Nvidia is up to the task, as it's slated to capitalize on massive and growing AI computing capacity. As AI spending rises, so will Nvidia's ...
CleanCore Now Holds 500M DOGE with Latest Buy: Analyst Calls $1+
Yahoo Finance· 2025-09-12 09:54
CleanCore Solutions revealed that its Official Dogecoin Treasury has surpassed 500 million DOGE , marking the halfway point toward its ambitious target of acquiring 1 billion coins within 30 days. The move shows growing institutional interest in the meme coin, with the Dogecoin ecosystem witnessing one of its boldest accumulation plays. Halfway to 1 Billion DOGE CleanCore’s latest purchase follows its initial buy of 285 million DOGE, as part of a strategy managed under its corporate arm, House of Doge. ...
Zero Retirement Savings? Don’t Panic — Do These 4 Things Now
Yahoo Finance· 2025-09-12 09:54
If you’ve tried hard to reach your financial goals and outline your retirement plan but your savings account is still at $0, it can be scary. Don’t be too hard on yourself, though — it’s never too late to kickstart your retirement fund. Up Next: 10 Bills That Drain Your Retirement Savings — and How To Cancel Them For You: 5 Types of Cars Retirees Should Stay Away From Buying Between rising costs, economic instability, credit card bills and student loan debt, it’s no wonder that many people are struggling ...
John Lewis Partnership reports £88m loss before tax in H1 2025/26
Yahoo Finance· 2025-09-12 09:52
British retailer John Lewis Partnership, which runs John Lewis and Waitrose brands, has reported £88m ($119.17m) loss before tax in the first half (H1) of 2025/26. During the period ending 26 July 2025, the company’s sales saw an increase of 4% to £6.2bn Its total revenue for the period rose by 5% to £5.4bn. Cash generated from operations was reported to be £177m - a £30m increase from the previous financial year. By the end of H1, the company’s growing cash generation was £1.5bn in liquidity, with ren ...
GST rate cuts likely to drive up India’s 2025 forecast – GlobalData
Yahoo Finance· 2025-09-12 09:49
In July, India’s Light Vehicle (LV) wholesale figures increased by 9% month-on-month (MoM) to 398k units, translating to a modest 2% year-on-year (YoY) rise. This total consisted of 339k Passenger Vehicles (PVs) and 59k Light Commercial Vehicles (LCVs) with a gross vehicle weight of up to 6T, with PV volumes expanding by 8% MoM and 1% YoY, while LCV sales surged by 13% MoM and 8% YoY. Source: GlobalData Despite lackluster demand in urban markets, volumes were significantly bolstered by rural areas of t ...
Tesla Pivots to Robots as Investors Question Sales and Soaring Valuation
Yahoo Finance· 2025-09-12 09:45
(Bloomberg) — Elon Musk may be trying to pivot Tesla Inc. away from electric vehicles and toward humanoid robots, but to skeptical investors there’s no hiding from its stagnating sales and eye-watering stock market valuation that leaves little room for error. Eager to transform the carmaker into an artificial intelligence powerhouse, Musk earlier this month declared on his social-media platform X that about “80% of Tesla’s value will be Optimus,” referring to the company’s robot initiative. But that’s fo ...
Americans Think They Need $1.26 Million to Retire. Are They Right?
Yahoo Finance· 2025-09-12 09:45
Key Points Americans responding to a recent survey estimate they'll need $1.26 million to retire. This amount may be correct for some but not all retirees. The $23,760 Social Security bonus most retirees completely overlook › What's the magic number to achieve retirement security? According to a recent Northwestern Mutual study, it's $1.26 million. That's the amount the surveyed Americans told Northwestern Mutual they think they will need to have saved in order to support themselves after leaving ...
Hycroft completes $60m private placement for mine development
Yahoo Finance· 2025-09-12 09:43
Hycroft Mining has closed a $60m non-brokered private placement, initially announced on 2 September 2025, for mine development, with Eric Sprott leading the investment. The placement consisted of more than 14 million units priced at $4.2805 each. Each unit in the private placement comprises one common share of Hycroft Mining and a one-half common warrant, with each full warrant allowing the holder to purchase an additional common share at $6 within a two-year period, subject to an accelerator clause. Th ...
EPR shock: John Lewis takes £22m hit
Yahoo Finance· 2025-09-12 09:41
The UK’s retail giant John Lewis Partnership has revealed that the country’s new Extended Producer Responsibility (EPR) packaging levy has contributed to a substantial first-half loss, highlighting the growing financial and operational impact of packaging regulations. With packaging now directly affecting profitability, the news offers a warning to global packaging and retail stakeholders: sustainability compliance is no longer optional—it is a material cost driver. The UK EPR regime: key facts The UK’s ...