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Don Lemon on leaving TV and betting big on himself
Yahoo Finance· 2025-06-18 14:51
Money, success, and starting over. From growing up in a segregated neighborhood in Baton Rouge to earning $5 an hour in his first media job, Emmy Award-winning journalist Don Lemon shares how his earliest financial lessons shaped his views on wealth, self-worth, and ambition. Don opens up to David and John Auten-Schneider about the myth of media money, the reality of lifestyle creep, and how homeownership became his greatest wealth-building tool. Don also gets candid about the financial risks of entrepreneu ...
Overlooked AI stocks as Big Tech trade gets crowded
Yahoo Finance· 2025-06-18 14:44
According to the Bank of America Global Fund Manager Survey, Long Mag 7 is one of the most crowded trades on Wall Street. But my next guest has some alternative ways to play artificial intelligence. I want to bring in Dan Newman who is the Futurum CEO.Great to have you here back in studio with us. Hey Brad, good to see you. So let's talk about this because a lot of people have already piled into Mag 7, but you believe that there are other places that are non-Mag 7 that they could find some exposure to gener ...
LIVE: Fed Chair Jerome Powell delivers remarks on interest rate decision and Fed policy
Yahoo Finance· 2025-06-18 13:47
Market Focus - Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, and advanced tools [1] - Yahoo Finance aims to help users manage their financial life [1] Fed Policy & Interest Rates - Fed Chair Jerome Powell delivers remarks on interest rate decision and Fed policy [1] Yahoo Finance Platform - Yahoo Finance offers the latest news and data at financeyahoo-com [1] - Yahoo Finance has apps available on Apple and Android [1] - Yahoo Finance maintains a social media presence on X, Instagram, TikTok, Facebook, and LinkedIn [1]
How to buy a home: Cleaning up your credit, saving for a down payment, getting a mortgage
Yahoo Finance· 2025-06-17 23:46
Homeownership Tips - Experts like Barbara Corcoran from Shark Tank share tips for becoming a homeowner [1] - Advice includes saving for a down payment, improving credit scores, and determining affordability [1] - The report highlights the importance of understanding the housing market [1] Financial Guidance - The report discusses using cash gifts for down payments [1] - Wells Fargo provides insights on cleaning up credit and down payment strategies [1] - Debt Free Guys offer advice on saving for a down payment [1] Resources - Yahoo Finance provides free stock ticker data, news, and portfolio management resources [1] - The report encourages readers to download the Yahoo Finance app on Apple and Android devices [1] - Yahoo Finance is active on social media platforms like X, Instagram, TikTok, Facebook, and LinkedIn [1]
Stocks slide, Trump Org announces phone to be made in the US, Fanatics CEO talks sports festival
Yahoo Finance· 2025-06-17 22:41
Asking for a Trend anchor Josh Lipton breaks down the day's market trends for June 17, 2025. Stocks close lower over dwindling hopes that Israel-Iran hostilities will end. Yahoo Finance's market reporter Josh Schafer breaks down the day's trading. The Trump Organization recently announced a mobile phone project. Yahoo Finance's Dan Howley breaks down why it would be difficult to manufacture a phone in the US. Fanatics Fest NYC kicks off this Friday in New York City. Josh speaks with the CEO Lance Fensterman ...
Despite the Fed being 'late at every turning point,' it's still a good time to invest in stocks
Yahoo Finance· 2025-06-17 21:17
Market & Economic Outlook - Investors are largely focused on economic fundamentals and earnings growth, with a decent economy indicated by a potential 1.8% to 2% growth [3] - Consumer savings rate increased, providing a cushion for future spending despite negative retail sales numbers [4] - Consumers spend based on permanent income, which remains strong with rising average hourly earnings, creating a favorable environment for stock investors [5] Federal Reserve Policy - The Federal Reserve has been consistently late at turning points, potentially due to focusing on backward-looking data [6] - The current Fed funds rate may be too high, negatively impacting consumers and small businesses while benefiting banks [8] - The Fed may be late in cutting rates and is expected to make adjustments in the fall rather than the summer [7] AI and Technology Trends - Companies are increasingly adopting new technologies powered by AI [20] - Old economy companies, like Walmart and LVMH, are pivoting to digital technologies such as AI and robotics [10] - AI is being utilized across various business functions, including marketing, product development, and supply chain management [10] - AI is improving client support with cost savings of over $2 per event and increased consumer satisfaction [11] - Companies like Accenture are benefiting from helping other companies embrace AI, making them a long-cycle budgetary item [13] - The AI spending is still in early stages, with hyperscalers continuing to invest heavily [18][19] Company Specifics - Microsoft paid $13 billion for 49% of future profits from OpenAI, including exclusive rights to compute power and intellectual property [16] - OpenAI is now objecting to the terms of the deal with Microsoft, seeking to become a public benefit corporation and offering Microsoft 33% of the company [17] - Oracle is experiencing a backlog in demand that they cannot meet, indicating supply constraints across hyperscalers [21]
Why you should avoid the TINA trade (for now)
Yahoo Finance· 2025-06-17 20:30
Joining me now is Matt Stucky. He's the chief portfolio manager for equities at Northwestern Mutual Wealth Management. And Matt, you know, markets seem to be taking a breather today after yesterday's bounceback.How do you think investors are processing the latest risks here. Not just tariffs and inflation, but now that escalating geopolitical headwinds are on the table, that's another risk that we're going to have to deal with. Well, good morning, Ally.Thanks for having me back. Um yeah, there is no shortag ...
Why waiting to invest could cost you more than you think
Yahoo Finance· 2025-06-17 18:43
Investment Strategies - Interactive Brokers' chief strategist emphasizes risk management, advocating for capital preservation and high-quality dividend stocks [1] - The report highlights the importance of understanding personal risk tolerance for successful investing [1] - Responsible use of options to enhance income is explored [1] Market Trends - AI and algorithmic trading are reshaping the markets [1] Resources - Yahoo Finance provides free stock ticker data, up-to-date news, and portfolio management resources [1]
Here’s the next big investing theme in the Trump economy
Yahoo Finance· 2025-06-17 18:38
It could be a pressure cooker of a summer for the US economy, and not because of the warmer weather. Tariffs from the Trump administration don’t appear to be going anywhere anytime soon, forcing businesses to raise prices on consumers and delay key projects. At the same time, the Federal Reserve is in no hurry to cut interest rates amid stagflation fears. Economic data has also begun to weaken, with the latest evidence being the employment readings from the last three months. Yahoo Finance executive editor ...
The number 1 mistake retirees make with money
Yahoo Finance· 2025-06-17 17:43
Retirement Planning - Focuses on balancing a happy retirement with leaving a sizable inheritance for family [1] - Discusses maximizing tax efficiency in retirement planning [1] - Addresses portfolio aggressiveness and ensuring expenses don't exceed income [1] Yahoo Finance Resources - Provides free stock ticker data, up-to-date news, and portfolio management resources [1] - Offers comprehensive market data and advanced tools for financial management [1] - Encourages users to download the Yahoo Finance app on Apple and Android devices [1] - Promotes following Yahoo Finance on various social media platforms [1]