Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, markets set to pull back from recent records. Futures are pointing to a lower open as investors wait to hear from a slew of Fed officials this week, starting with newly minted Fed Governor Steven Meyer this afternoon. The bigger market moves this morning in gold and crypto, though.Investors are seeking safety. Gold prices again hitting an all-time high. Bitcoin though ...

Stephen Miran speaks at the Economic Club of New York About Yahoo Finance. #youtube #stocks #news 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/Y ...

Opening Bid Unfiltered is available on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. In the world of cosmetics, few companies are as well-known as Revlon. Founded in 1932, Revlon continues to be a significant force in the ever-changing world of cosmetics. However, the company has seen its ups and downs in recent decades. The cosmetics industry has evolved into one heavily driven by celebrities like Kylie Jenner and popular names on TikTok's social platform. At the same time, Revlon’s ...

Saving Strategies - The envelope method helps limit spending by making it feel like you're actually spending money [2] - Paying in cash can lead to spending less and knowing where every dollar is going, aiding in mental tracking and guideline creation [3] - AI tools, including robo advisors, simplify saving, especially for those who find it difficult or don't understand the process [5][6] - Robo advisors automate savings, allowing users to invest without manual intervention [6] Saving Challenges - Savings challenges can be effective in the short term [7] - It's important to have a goal behind saving, not just saving for the sake of it [8]

The Federal Reserve just delivered a long-awaited quarter point rate cut this week. But what does that actually mean for your money. It can affect everything from your bank accounts to loans to credit cards and even your investments.I'm joined now by Yahoo Finance personal finance editor Casey Bond to break it all down. So Casey, let's start with the basics here. How does a Fed rate cut affect checking and savings accounts.>> Sure. Well, checking and savings account rates are set by individual financial ins ...

Steven Myron is the chairman of the president's council of economic adviserss. He served as an economic adviser to the Treasury Department under Steven Minutian during President Trump's first term. He was also a senior strategist at Hudson Bay Capital Management. Myin is credited as being one of the authors of Trump's tariff policy and a key architect of the president's economic agenda. He has also been linked with the push for the so-called Mara Lago currency accord based on a paper he wrote outlining vari ...

The tokenization of real world assets is accelerating and is expected to grow even further. Yahoo Finances Nees Fay joins us now with more. Nez.Yeah, Josh. And first let's start with what is the tokenization of a stock for example that is basically a stock which is issued on blockchain. That's the same technology on which crypto is based.Industry insiders I have spoken with have said that eventually you will see the entire financial market run on blockchain. You started to see this with stable coins and the ...

Do you think they arrived at the right conclusion for the action that they did, which was the quarter point cut. I absolutely do. In fact, I think a quarter point cut was warranted in July.So, I'm glad that they're starting the cutting cycle. I'm also glad that they are putting the emphasis on the employment side of the mandate. They are facing this very difficult situation as we heard Gary say where the economy is going away from them both on the inflation side and the employment side.So they are deep in t ...

CFRA downgrading Tesla from hold to sell. The analyst saying that the stock's valuation has become detached from fundamentals. Joining me now is the author of that note, CFRA analyst Garrett Nelson.Garrett, it is great to see you. So, you go to a sell on Tesla. Garrett, you are betting against Elon Musk.Walk us through why. Sure. Thanks for having me.You know, this really follows a growing disconnect between the performance of the stock uh since it bottomed in April. The Tesla shares are up more than 85% co ...

Monetary Policy Outlook - The market initially reacted positively to the 25 basis points (0.25%) rate cut and the signal of two more cuts expected later in the year [1] - Economic projections of higher inflation and higher growth are inconsistent with the rate cuts [1] - The Fed is projected to miss its inflation target for seven consecutive years [2] Forward Guidance & Internal Disagreement - There is a large dispersion in interest rate expectations among Fed members, indicating a lack of clear forward guidance [2] - Despite only one dissenting vote, underlying issues suggest a lack of consensus and potential confusion within the Fed [2]