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Why personal finance isn’t so personal
Yahoo Finance· 2025-08-05 19:44
In this eye-opening anniversary episode of Living Not So Fabulously, hosts John and David Auten-Schneider explore why so many Americans, especially in the LGBTQ+ community, are financially unprepared, how personal money stories shape financial behavior, and what real solutions exist. From failed 401(k)s to hidden discrimination in housing and banking, this episode gives practical advice and the financial wake-up call you didn’t know you needed. For full episodes of Living Not So Fabulously, listen on your f ...
Trump threatens to ramp up tariffs on India, calls BLS data 'rigged'
Yahoo Finance· 2025-08-05 18:54
Market Catalysts anchor Julie Hyman breaks down the latest market news for Aug. 5, 2025. Countries are hoping for negotiations as 'reciprocal' tariffs are set to go into effect at midnight ET on Aug. 7. President Trump threatened to substantially increase tariffs on goods from India. Sector-specific tariffs on semiconductors and pharmaceuticals will be announced next week. President Trump called the Bureau of Labor Statistics (BLS) data for the July jobs report 'rigged.' Signum Global Advisors founder and c ...
Fed 'would have cut' rates if it had July jobs report data: Mohamed El-Erian
Yahoo Finance· 2025-08-05 14:41
President Trump reiterated his criticism of the Bureau of Labor Statistics, said he was close to picking a new Fed chair, and teased new tariffs on semiconductors. Joining me now, Muhammad Alerian, president of Queens College of Cambridge to talk about that and many other things. Muhammad, good to see you.Good morning, Julie. I would like to start with this whole situation over the Bureau of Labor Statistics, the BLS. Um, with President Trump's removal of the person who heads up that agency, what does that ...
Palantir reports first billion quarter overnight, Disney earnings preview
Yahoo Finance· 2025-08-05 14:33
Market Overview & Trends - US futures are heading higher after a tumultuous week on Wall Street [1] - President Trump threatened to hike tariffs on India due to its purchases of Russian oil [1] - Gold price forecast raised by Citi to $3,500 per ounce over the next 3 months due to deteriorated US growth and inflation outlook [44] Company Earnings & Performance - BP reported adjusted profits of $2.4 billion for the second quarter, a third higher than analysts expected, and raised its quarterly dividend by 4% [1] - Palantir reported a 48% increase in revenue for the second quarter to more than $1 billion [1] - Pfizer's adjusted earnings per share came in at $0.78, exceeding the expected $0.58, with revenue at $14.65 billion versus an expected $13.5 billion; plans $7.2 billion in cost savings by 2027 [5][6] - Caterpillar's earnings per share came in at $4.72, lower than the expected $4.88, but revenue exceeded expectations at $16.57 billion versus $16.33 billion [8][9] - Marriott International's adjusted earnings came in at $2.65, beating expectations of $2.61, with revenue at $6.74 billion against an expected $6.68 billion [11] - Saudi Aramco is reporting a profit decline for the 10th straight quarter, free cash flow fell 20% in the second quarter [31] - Diageo expects to save about $625 million, up from $500 million previously expected, but forecasts flat sales for fiscal 2026 due to tariffs [32][33] IPO Market - IPO market is warming back to life after the 2022 bear market [14] - In Q1 2021, there was $131 billion in IPOs offered in the US [17] - Over 90% of IPO stocks trade lower than they did on their first day of trading [26] Company Specific News - TSMC is reporting a possible leak of trade secrets related to its advanced chip techniques [29] - Disney's third quarter earnings are expected, with focus on parks and streaming business [34]
The next big thing in investing is already here
Yahoo Finance· 2025-08-05 02:54
Market Trends & Investment Opportunities - Explores the rapidly changing landscape of finance [1] - Focuses on the rise of private markets and tokenization [1] - Discusses the role of artificial intelligence (AI) in providing financial advice [1] Industry Expertise & Resources - Features Margaret Franklin, president and CEO of CFA Institute [1] - Provides information to make the right trade for your portfolio [1] - Offers free stock ticker data, up-to-date news, and comprehensive market data via Yahoo Finance [1] Media & Access - Promotes the "Stocks In Translation" video series available on Yahoo Finance and streaming services [1] - Encourages users to download the Yahoo Finance app on Apple and Android [1] - Directs users to follow Yahoo Finance on various social media platforms [1]
Palantir's Q2 earnings report was a 'blowout across the board,' Dan Ives says
Yahoo Finance· 2025-08-04 23:09
Palanteers results are out. What do you make of this report. >> It's a blowout across the board.I mean, look, that's why they're the messy of AI, right. I mean, it just speaks to this is transformational the type of growth they're seeing. And you combine that with what we saw last week from the hyperscalers that that just shows this AI revolution.It's just starting in terms of the next stage of growth. Huge huge step forward for Palanteer. Karp telling me Dan Alex Karp CEO said told me there is no one in so ...
Trump going after the Fed chair won't effect decisions: Former Fed president Loretta Mester
Yahoo Finance· 2025-08-04 22:54
President Trump is set to name a new Federal Reserve governor this week. This comes after Fed Governor Adriana Cougler, a Biden appointee, announced she is stepping down from her role at the central bank. Kougler's term was set to expire at the end of January 2026.Joining us now is Loretta Mester, former president and CEO of the Federal Reserve Bank of Cleveland. Loretta, it is great to see you as always. Let's start there with Cougler's departure.Loretta, what do you make it make of it and and who do you t ...
Fmr. Commerce Sec. Wilbur Ross on Trump's BLS firing: 'I can understand why'
Yahoo Finance· 2025-08-04 22:43
Economic Data & Policy - Concerns arise regarding the timing of BLS data releases in relation to Fed meetings and presidential elections, potentially influencing policy decisions [3][4] - Speculation exists regarding the integrity of government data, including jobs data, although no direct influence was observed during the speaker's tenure [5][6] Trade & Tariffs - Tariffs remain in place for various countries, including Japan (15%) and Switzerland (39%) [7] - The administration's trade policy aims to improve the balance of trade, potentially through tariffs or mutual reductions [8][9] - A tariff rate of approximately 30% is considered a significant threshold, potentially hindering trade relations [12] China Trade Deal - A major policy shift from China is unlikely before their upcoming Party Congress [10] - Restrictions on critical materials from China are not encouraging for trade negotiations [11]
'Magnificent 7' record highs, retail trading and 'measured bullishness'
Yahoo Finance· 2025-08-04 22:28
Hello and welcome to Ask Me for a Trend. I'm Josh Lipton and for the next half hour, we are breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into.Stocks jumped Monday as investors clawed back losses from Friday's trading. At the end of the session, all major indices ended the day higher. And it is a hot summer for investors.We're taking a dee ...
Stocks bounce back, Fed insider Loretta Mester talks Kugler replacement, Trump-Powell feud
Yahoo Finance· 2025-08-04 22:23
Hello and welcome to Market Domination. I'm John Lipton live from our NYC headquarters. Washington still reeling from the firing of America's top economic data collector.We're looking at what's ahead in this important role and how the conversation is impacting markets. Right now, there's just an hour and a go until the closing bell and stocks they are moving higher here. here.Just looking at the popular averages. Your Dow is up about 500 points. The S&P 500 up about 1.3%.Your tech heavy NASDAQ tacking on ab ...