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How oil price volatility can affect the global economy.
Yahoo Financeยท 2025-06-22 17:30
Inflation & Consumer Impact - Sustained oil price increases could pressure inflation, potentially impacting gas prices and consumer spending [1] - Historically, oil price spikes often coincide with broader economic pressures, leading to a rollover in prices and growth [2] Oil Market Dynamics - The global oil supply environment currently favors downward price pressure [3] - Oil prices were already relatively low before potential increases [3] - The impact of a sustained increase may differ from events like the Russia-Ukraine situation in 2022, when oil prices were higher [3] Monetary Policy - Oil price increases could dent economic growth, potentially decelerating the labor market and prompting the Federal Reserve (Fed) to cut rates more quickly [2]
Kraft Heinz to remove artificial colors from its products by 2027
Yahoo Financeยท 2025-06-22 16:00
[Music] Craft Hind, the maker of Kool-Aid and Jell-O among other popular food brands as well, announced it's removing artificial colors from its products by 2027. Yahoo Finance senior reporter Brooke De Palma has the details. Brooke, what do we know.This comes as RFK Jr. . and the Trump administration have really been cracking down on major consumer product good food brands, snack brands to really remove artificial flavors by the end of the administration. So, Craft Hind making this big announcement this mo ...
AEW CEO discusses how wrestling has changed and what drives fans
Yahoo Financeยท 2025-06-22 14:00
Business Growth & Performance - AEW has a huge audience and a great partnership with Warner Brothers Discovery [2][3] - AEW is broadcast in over 150 countries worldwide, reaching millions of viewers weekly [3] - AEW is experiencing a strong year in 2025, with significant growth attributed to simulcasting [7][13][16][18] - AEW's cable audience increased even after the introduction of simulcasting on Max [8][9] Milestones & Programming - AEW celebrated its 300th episode of Wednesday Night Dynamite on July 2nd [5] - AEW's Wednesday Night Dynamite has become the longest-running prime-time pro wrestling show on TBS and TNT, surpassing the previous record of 288 episodes [6] - AEW streams every week and is a big part of TBS and TNT [2][19] - AEW will be heading to Mexico for its first ever show in Mexico City [23] Talent & Product - AEW emphasizes the importance of talent with a total package of skills, charisma, and athleticism [10][11][12] - AEW focuses on delivering great pro wrestling matches to earn and maintain fan trust and spending [12][13][15] Media Landscape & Partnerships - Warner Brothers Discovery is splitting up, but AEW maintains strong relationships on both sides of the company [17][18] - Media consolidation is changing the landscape, making it important for AEW to remain a significant part of the conversation [15][16]
"The question really is, will AI be more augmenting labor or replacing labor?"
Yahoo Financeยท 2025-06-22 12:01
question really is will AI be more augmenting labor or replacing labor. AI should be creating jobs at the same time. It may be replacing it may be doing both.Anyone who's done any work with it with AI will will have been a little bit stunned at how capable it is and it's just a different thing. So I think this is something that certainly has transformational potential and probably we're in the very early stages of it. you know, they they say what you're seeing now compared to what you'll see in two years is ...
Trump family wants to make a mobile phone, but that could be tough to do in the US
Yahoo Financeยท 2025-06-21 20:00
Product Launch & Features - Trump family is launching a smartphone and mobile service called Trump Mobile [1] - The phone, named T1, is priced at $499 with a $100 down payment and is expected to be available in September [3] - Trump Mobile is a virtual mobile network operating on the three major US carriers: Verizon, AT&T, and T-Mobile [2] "Made in America" Claim & Controversy - The T1 phone is promoted as "Made in America," but experts doubt this claim [3][4] - The T1 phone's design is similar to the Wing Tech Revel, a Chinese-made phone [4][5] - The Revel 7, sold by T-Mobile under the Metro brand, uses a Qualcomm processor made in China [5] - Purism's Liberty phone, focused on security, costs $1,999 and took 10 years to develop US manufacturing capabilities [4][6][7] - Purism manufactures electronics in the US, but the phone frame is built in China [7] Market & Political Context - The launch aligns with the Trump administration's "Made in America" initiative [10] - The Trump administration has considered tariffs on Apple and Samsung if they don't manufacture in the US, but this is unlikely to happen soon [10][11] - There are doubts about whether the Trump Mobile project will materialize or remain "vaporware" [9]
How to save big on your next vacation with homeswapping
Yahoo Financeยท 2025-06-21 18:00
Travel Trends & Consumer Behavior - 90% of travelers are looking to reduce travel costs this summer [1] - Rising travel costs, with summer vacations costing $259 per person more than last year, coupled with frustration over limited and uncomfortable accommodation options, are driving travelers to seek creative and cost-effective alternatives [2][3] - 80% of US travelers feel frustrated with available travel options [3] Kindred's Home Swapping Platform - Kindred is a social network for travel, facilitating home stays between members who share their homes with each other [4] - Members pay a small service fee and a cleaning fee instead of nightly rates, significantly reducing accommodation costs [5] - Home swapping is resonating with remote workers seeking flexible travel and families with young children desiring larger, more comfortable, and kid-proofed accommodations [7][8] - 12% of travelers are now turning to home swapping options like Kindred [3] Popular Destinations - Popular cities for home swaps on Kindred include high-cost cosmopolitan destinations like New York City, Paris, London, and San Francisco [9]
Talk to AI like you're talking to a human.
Yahoo Financeยท 2025-06-21 17:30
AI Adoption in Small Businesses - AI tools are being integrated into existing platforms used by small businesses, such as Square [1] - Businesses should explore using tools like ChatGPT to improve efficiency [1] Practical Applications of AI - A hair salon uses ChatGPT to assist in determining hair color mixtures [1] - Using AI like ChatGPT is similar to communicating with a human, requiring clear guidance [2] - AI sped up the hair salon process by approximately 10 minutes [2]
More Americans are claiming Social Security early despite drawbacks: Tips to prepare for retirement
Yahoo Financeยท 2025-06-21 14:01
Social Security Trends - Americans claiming Social Security benefits between January and May are nearly 18% higher than the same period one year ago [1] - The surge in Americans claiming Social Security benefits at an early age (62) is the highest in over two decades [2] - Over 75% of Americans under 50 believe Social Security won't be there for them in full [6] Factors Driving Early Claims - Fear that Social Security may not be available in the future [2] - Legislation allowing previously ineligible individuals to claim Social Security benefits [3] Impact of Early Claiming - Claiming early (e g, at 62) can result in approximately a 30% reduction in benefits compared to full retirement age (e g, 67) [4] - Waiting until age 70 could yield about 30% higher benefits than claiming at age 67 [4] Future of Social Security - Adjustments to the Social Security system are expected, such as raising income requirements and increasing the retirement age [7] - Potential changes to the structure of Social Security may include prolonging when benefits can be taken or implementing means testing [9] Retirement Planning Strategies - Individuals should plan for their future including Social Security and even a potential decrease in benefits [9] - Younger individuals should start saving early, even with summer jobs, by opening a Roth IRA to take advantage of compound interest [11][12] - Consider additional income streams such as non-retirement accounts or side gigs [10]
Tesla's robotaxis to hit the streets: Don't expect them to dominate just yet, analyst warns
Yahoo Financeยท 2025-06-21 14:00
Robo Taxi Initiative & Safety - Tesla's robo taxi initiative and full self-driving (FSD) are critical long-term value drivers for the company [2] - The primary focus should be on ensuring a clean and smooth launch with an extremely high safety record, outweighing the importance of the number of vehicles deployed [7] - A risk to the robo taxi launch is the safety of the autonomous driving system, as any accident involving a robo taxi will attract significant attention [5][6] Rollout & Expansion - The robo taxi service is expected to start with a slow rollout, potentially involving 10 to 20 Model Y vehicles closely monitored by Tesla [4] - The rollout is anticipated to expand gradually over the next two to three quarters in multiple US cities [6] - One analyst estimates Tesla will launch and scale its robo taxi service to roughly 25 cities in the US over the next year [5] Competitive Advantages - Tesla's FSD system feels more natural compared to competitors [9] - Tesla's camerabased and AI-based system benefits from massive quantities of data for analysis [10] - Cost is a significant advantage, with a Tesla robo taxi potentially costing $30,000 to $40,000, while a competitor's fully equipped vehicle costs well over $100,000 [11] - Tesla's massive installed base of vehicles can be integrated into the robo taxi fleet, providing scalability [12][13] Upcoming Events & Expectations - Investors should monitor Q2 deliveries and Q2 results [14] - The company anticipates a solid sequential increase in sales in the second quarter [15] - Traction on the FSD front is expected, which should positively impact the stock as the year progresses [15][16]
SailGP is expected to generate more than $100 million in revenue in 2025.
Yahoo Financeยท 2025-06-21 11:30
Company Overview - SailGP was founded in 2018 by Larry Ellison and Sir Russell Coots [1] - SailGP features 12 nation-based teams competing in 13 Grand Prix events globally [1] - SailGP is described as the Formula 1 of sailing [1] Financial Performance & Investment - The season-long champion receives a $2 million prize [2] - Teams are now selling for $50 million or more to investor groups [2] - SailGP is expected to generate over $100 million in revenue for 2025 [3] Revenue Streams - Cities pay six-figure host fees, with Auckland, New Zealand paying over $1 million to host a Grand Prix [3] - SailGP receives millions annually from sponsors, including luxury brands like Rolex, Emirates, and Accor Hotels [3] Ownership Structure - Initially, the league fully owned six teams, but now 10 of 12 teams are privately owned [2] - Investor groups include celebrity owners like Kylian Mbappe, Anne Hathaway, and Gary Vaynerchuk [2]