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Mohamed El-Erian: Fed needs fundamental reform and less group think
Yahoo Finance· 2025-09-20 10:00
Now you a couple of months ago made some waves by suggesting that JPAL should step down already on your show as head of the central bank. Exactly. We talked about it. Um you faced a lot of skepticism uh on that um from various quarters and now you're saying even if he doesn't step down, there are certain changes he should be making now to put the Fed on better footing going into the leadership change. What what changes should he be making? So let's talk about discussion of July. At the time I was worried th ...
Opendoor names a new interim CFO amid stock surge
Yahoo Finance· 2025-09-19 22:03
The CFO of Open Door is departing the company, naming Christy Schwarz as interim CFO. Effective at the end of the month, Schwarz has spent more than eight years as the company's chief accounting officer, also serving as interim CFO in 2022. That was for nearly two years now.Open a lot more than the fundamental story. It's the latest meme stock to go crazy in this market. Went from trading below a buck back in mid July and on Friday settling just under $10 a share.Joining me now to talk all things open door ...
Trump and Xi call: Key takeaways
Yahoo Finance· 2025-09-19 21:54
President Trump touting progress following his call with Chinese President Xiinping, saying on Truth Social that the leaders discussed trade, fentanyl, the need to bring the war between Russia and Ukraine to an end, and the approval of the Tik Tok deal. He went on to say the two will meet at the Apex Summit in South Korea, and that he'll go to China in the early part of next year. Joining me now to discuss, Ian Bremer, Eurasia Group founder and president.Ian, it's always good to talk to you and get your per ...
U.S.-China dynamic "will be more stable": Ian Bremmer.
Yahoo Finance· 2025-09-19 21:49
President Trump touting progress following his call with Chinese President Xiinping, saying on Truth Social that the leaders discussed trade, fentanyl, the need to bring the war between Russia and Ukraine to an end, and the approval of the Tik Tok deal. >> No one was expecting any breakthroughs on any of this. I mean, you couldn't have a more different dynamic.There's now a shift. I think it'll be more stable, be more predictable. In the pre-liberation day runup, it wasn't.People were expecting that there w ...
Opendoor names Christy Schwartz as new interim CFO, how rate cuts impact the housing market
Yahoo Finance· 2025-09-19 21:46
All right, good afternoon and welcome to Asking for a Trend. I'm Miles Alen filling in for Josh Lipton. For the next half hour, we're breaking down the trends of today that'll move stocks next week.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 are some of the trends we'll be diving into.Wall Street ending the week on a high note. Stocks in record territory after President Trump and China's Xiinping have a seemingly productive call on Friday morni ...
Dow, Nasdaq, and S&P 500 notch record highs, positioning portfolios amid uncertainty
Yahoo Finance· 2025-09-19 21:16
ing bell on Wall Street here on this Friday afternoon. IBM ringing the bell on the floor of the New York Stock Exchange, White Fiber, with the uh the bell pushing the button, let's say, uh up in Times Square at the NASDAQ market site. It's market domination overtime, giving you full coverage of all the moves to get you up to speed on the action from today's trade.Let's take a look at the markets record highs once again. Yahoo Finances Anz Fereet standing by to break it all down for us. Anz.Yeah, Miles. Anot ...
Fed's Kashkari sees 2 more rate cuts this year, plus factors impacting Fed easing
Yahoo Finance· 2025-09-19 20:53
All right, newly installed Fed Governor Steven Myron is saying he favored a bigger rate cut at the recent FOMC meeting. Here with the latest on this story is our Fed correspondent Jennifer Shawnberger. Jen, good afternoon.miles. New Federal Reserve Governor Steven Myron said he favored a jumbosized rate cut at the central bank's policy meeting earlier this week because he doesn't see any inflation from tariffs and he favors a policy rate that does not restrict the economy nor spur it. Myron telling CNBC in ...
Mohammed El-Erian, Gary Cohn, and top market insiders talk Fed and markets
Yahoo Finance· 2025-09-19 19:29
US stocks are trading near record highs after the Federal Reserve lowered interest rates by 25 basis points on Wednesday. Queens' College Cambridge president Mohamed El-Erian, IBM's Vice Chair Gary Cohn, Former Federal Reserve Bank of Cleveland CEO and president Loretta Mester and Senator Elizabeth Warren (MA-D), EY Parthenon chief economist Gregory Daco and J.P. Morgan's Asset Management global market strategist Merra Pandit weigh in on Fed rate cuts and the impact on markets. To watch more expert insights ...
How Fed rate cuts impact your money, plus Gen Z saving tips
Yahoo Finance· 2025-09-19 15:15
Mind Your Money host Allie Canal breaks down the latest ways to help you build wealth and manage your money. The Federal Reserve just delivered a 25 basis point rate cut. We break down how rate cuts impact your money, bank accounts, loans, credit cards, and investments. Gen Z, also called Zoomers, are excellent savers. According to a recent report from TIAA, 20% of Gen Z are already saving for retirement. We spoke with Brennan Thiergartner, a certified financial planner at Fidato Wealth, about five ways to ...
Why the US can't rely on foreign chips: Former Trump Adviser
Yahoo Finance· 2025-09-19 14:32
Look, the United States, as we know, has to become a chip manufacturer. We cannot be dependent on the rest of the world for chips. Without chips being imported to the United States, our economy, our manufacturing economy shut down.And we know that chips are a vital part of protecting our country. We're in an economy where everything we buy has a chip in it. We can't be beholden to the rest of the. ...