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Why this trash stock is a treasure for investors
Yahoo Finance· 2025-06-12 23:43
[Music] Well, trash has been good for investors this year. The biggest player in the industry has risen 17% year-to- date. It's trading near a record high.That compares with a less than 3% gain for the S&P 500. We're talking about WM, the company formerly known as Waste Management. We've been focusing on stocks like this that have been overperforming amid a volatile year for our series, the why behind the high.And we're joined now by WM CFO Deina Ranken. Deina, thank you so much for being here. Happy to be ...
What slowing economic data and a volatile dollar mean for investors
Yahoo Finance· 2025-06-12 23:38
So maybe Art, we'll start big picture here because I'm curious. Art, what is the latest Art Hogan target, year-end target for the S&P. Art, where are we.Yeah, so our target is 6200, which uh doesn't seem that aggressive in the here and now, but certainly felt aggressive uh back in April. So I I would tell you this. I think we've done a good job of going from a defensive first quarter where everyone was piling into things like consumer staples, utilities, healthcare, gold, and treasuries to where now we feel ...
Pres. Trump welcomes State of Crypto Summit
Yahoo Finance· 2025-06-12 23:30
Many have called me the first crypto president. That's an honor. I really do consider that a very big honor actually.I created the first presidential working group on digital assets. I named a pro- freedom pro-novation SEC chair, a great man named Paul Atkins, and we created the US Strategic Bitcoin Reserve and the United States Digital Asset Stockpile. But we are not done yet.My administration is working with Congress to pass the Genius Act, supporting the creation of dollarbacked stable coins, and we also ...
Coinbase CEO Brian Armstrong explains why bitcoin could become the world's reserve currency
Yahoo Finance· 2025-06-12 23:15
here with uh Brian Armstrong at the Coinbase uh summit. Brian, good to see you here. Uh you dropped some new products, but there was something you said on stage that caught my attention.Said that Bitcoin could become the world's reserve currency because of the US debt situation, which is ballooning. How realistic is that. Well, it really is unclear at this point, but one thing that is clear is that democracies around the world are having trouble getting deficit spending under control.And you know, that can ...
What a trillion-dollar defense budget really means for veterans
Yahoo Finance· 2025-06-12 22:19
Is America’s trillion-dollar defense budget making us safer or putting our future at risk? On this episode of Warrior Money, hosts Patrick Murphy and Dan Kunze break down President Trump’s historic spending plan, unpacking the real winners, the potential fallout, and what it all means for veterans, the economy, and national security. From AI and space tech to the true cost of debt, this episode pulls back the curtain on Washington’s biggest budget fight. Hosted by former Congressman Patrick Murphy and veter ...
AI isn't just for Big Tech: What it means for small businesses
Yahoo Finance· 2025-06-12 22:07
[Music] Howdy y'all. I'm Elizabeth Gore. Welcome to the Big Idea from Yahoo Finance, the show that navigates the world of small business and entrepreneurship.All business start with one light bulb moment, and I'm going to take you on a journey with America's entrepreneurs. As the co-founder of the small business funding platform Hello Alice, it has always been my mission to help ensure entrepreneurs have the tools they need to live the American dream. We're going to get between the spreadsheets with these o ...
Private equity hit by deal slump as trade fears rise
Yahoo Finance· 2025-06-12 21:39
The year has turned a bit south for those heavy hitters in the private equity industry as Trump trade turmoil ratchets up angst with companies and top leaders. The value of global buyout deals in the second quarter of this year is poised to drop by 16% compared to the first quarter, according to a new report from consultancy Bain. For the first time in a decade, no buyout fund closed in the first quarter raised more than $5 billion, the report found. Across alternative asset classes, demand now outstrips su ...
Inflation reports are encouraging, but the rest of the year remains uncertain: Former Fed official
Yahoo Finance· 2025-06-12 21:21
Well, investors shifting their focus back on the Federal Reserve ahead of the central bank's policy meeting next week. President Trump once again calling for Fed Chair Pal to cut rates for more on the path ahead for the Fed and interest rates. Let's get now to Loretta Mester, University of Pennsylvania adjunct professor and former Cleveland Federal Reserve President.Uh Loretta, always good to see you. So, let's start Loretta with that inflation report we got today. PPI tame Loretta benign just like CPI yest ...
“People are getting serious about crypto.”
Yahoo Finance· 2025-06-12 20:42
It's Coinbase's big event. They're talking all things crypto. And there are three things I'm watching.First up, I'm looking for crypto bros. Of course, you all know about uh crypto. 5 years ago, people would come to these events.Lamborghinis, Ferraris, Bentleys. I am here to report you're not seeing any of that stuff. Why.Because this is a special moment in crypto. People are getting serious about crypto. There's institutions in this room. There's suits.And I got to give a shout out to Coinbase. They put in ...
Yahoo Finance: Market Coverage, Stocks, & Business News
Yahoo Finance· 2025-06-12 20:28
About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: ...