Workflow
Yahoo Finance
icon
Search documents
Crypto’s resilience faces new test amid Middle East tensions and new legislation
Yahoo Finance· 2025-06-13 15:05
Bitcoin still holding above the $100,000 level, but losing some ground as stocks slump amid increasing M East tension. We're taking a look at cryptoreated stocks as well, including Coinbase, also largely lower along with the broader market. So, does this spell the end of the risk on rally for right now or could impending legislation and a crypto friendly administration prove to be a boost.I want to bring in Brady Dale, Axio's crypto reporter here. Brady, good to have you back on the program with us. just ta ...
Bessent on U.S. deficit: “We did not get here overnight.”
Yahoo Finance· 2025-06-13 14:58
is we did not get here overnight. Uh I have gained about 10 lbs since inauguration. I'm not going to cut off my arm to get back to my January 20th weight.But we don't have a chance of returning to a balanced budget if we don't return to preandemic levels of spending. And I've laid out a number of options. Leave social security, Medicare, and interest as they are as you spend.But all their outlays, actual outlays, increase them by population growth and inflation. we literally would have a baseline spending s ...
Oil prices see biggest jump in 3 years on Israel-Iran escalations. Analyst talks risk for producers.
Yahoo Finance· 2025-06-13 14:54
Oil futures spiking, seeing their biggest gain in three years. And as we're monitoring the violence that's breaking out between Iran and Israel, this is prompting concerns around the outlook for supply in the region. Joining us now on the outlook for energy sector here.We've got Fernando Valet who is the hedgei risk management energy analyst. Good to have you here. Taking some time this morning.just walk us through where this immediately kind of initiates some of your attention to flow into especially when ...
Investors should not be taking risks right now amid geopolitical uncertainty, analyst says
Yahoo Finance· 2025-06-13 14:23
Geopolitical risk rattling investors and global financial markets this morning. So, how should investors on edge prepare for increasing geopolitical tensions. Joining us now, we've got Alex Morris, FM Investments CEO and CIO.Alex, good to have you here with us today. Just help us make sense of what we're seeing in the region as it is of of course being evaluated through the lens of investors here this morning. Yeah, certainly some some terrible things happening across the world and you know investors should ...
Trump and the future of CFTC and crypto, investing in trash could pay off, Fed rate cut outlook
Yahoo Finance· 2025-06-13 03:32
Market Overview & Regulation - The report highlights the latest financial news as of June 12, 2025 [1] - CFTC Acting Chairman Caroline Pham discussed digital asset regulation under the Trump administration, investor protection from fraud, and the legitimacy of prediction markets at Coinbase's State of Crypto Summit [1] Company Specific Insights - WM CFO Davina Rankin believes trash is a resilient growth business [1] Economic Outlook - Former Cleveland Fed President Loretta Mester discussed the outlook for Fed rate cuts [1] - Uncertainty regarding tariffs in the second half of the year may cause the Fed to hold rates despite positive economic data [1]
Why this trash stock is a treasure for investors
Yahoo Finance· 2025-06-12 23:43
[Music] Well, trash has been good for investors this year. The biggest player in the industry has risen 17% year-to- date. It's trading near a record high.That compares with a less than 3% gain for the S&P 500. We're talking about WM, the company formerly known as Waste Management. We've been focusing on stocks like this that have been overperforming amid a volatile year for our series, the why behind the high.And we're joined now by WM CFO Deina Ranken. Deina, thank you so much for being here. Happy to be ...
What slowing economic data and a volatile dollar mean for investors
Yahoo Finance· 2025-06-12 23:38
So maybe Art, we'll start big picture here because I'm curious. Art, what is the latest Art Hogan target, year-end target for the S&P. Art, where are we.Yeah, so our target is 6200, which uh doesn't seem that aggressive in the here and now, but certainly felt aggressive uh back in April. So I I would tell you this. I think we've done a good job of going from a defensive first quarter where everyone was piling into things like consumer staples, utilities, healthcare, gold, and treasuries to where now we feel ...
Pres. Trump welcomes State of Crypto Summit
Yahoo Finance· 2025-06-12 23:30
Many have called me the first crypto president. That's an honor. I really do consider that a very big honor actually.I created the first presidential working group on digital assets. I named a pro- freedom pro-novation SEC chair, a great man named Paul Atkins, and we created the US Strategic Bitcoin Reserve and the United States Digital Asset Stockpile. But we are not done yet.My administration is working with Congress to pass the Genius Act, supporting the creation of dollarbacked stable coins, and we also ...
Coinbase CEO Brian Armstrong explains why bitcoin could become the world's reserve currency
Yahoo Finance· 2025-06-12 23:15
Market Trends & Potential Risks - Bitcoin could become the world's reserve currency due to the US debt situation [1] - All-time highs in US debt are coinciding with all-time highs in Bitcoin [4] - US government needs to control spending to preserve the American experiment [6] Coinbase Products & Services - Coinbase is moving into financial services like payments, borrowing, and lending, aiming to replace people's bank accounts [10] - Coinbase Business was announced for startups and medium-sized businesses to manage finances and payments [14][15] - Partnership with Shopify to power USDC payments for Shopify merchants and an AMEX Bitcoin card were announced [16] - Coinbase has launched a credit card with AMEX and a debit card with Visa [18] Regulatory Landscape - Regulation will be a huge boon for crypto, and Coinbase is actively working to get legislation passed [26] - The Stablecoin Act, the Genius Act, and the Clarity Act need to be passed into law [27] Partnerships & Investments - Coinbase is an equity holder and the largest distribution partner for Circle (USDC) with a substantial economic arrangement [19][20] - Coinbase would consider buying Circle if they were interested [22] Company Performance & Strategy - S&P 500 index inclusion has made Coinbase's stock less volatile [23][24] - Coinbase is shipping product at a startup pace [17]
What a trillion-dollar defense budget really means for veterans
Yahoo Finance· 2025-06-12 22:19
Defense Budget Analysis - The episode analyzes President Trump's trillion-dollar defense budget, examining its implications for national security and the economy [1] - It explores the winners and potential fallout of this significant spending plan [1] - The discussion includes the impact on veterans, the economy, and national security [1] Key Areas of Focus - The analysis covers areas like AI and space tech within the defense budget [1] - The episode addresses the true cost of debt associated with the budget [1] Podcast & Finance Information - Warrior Money is a vodcast focused on assisting military veterans transitioning to civilian life through financial education [1] - Yahoo Finance provides stock data, news, and resources for managing finances [1]