Economic Outlook & Uncertainty - The economic outlook for 2026 is uncertain due to confusing economic indicators [1][2] - Policy driving inflation and a large, growing deficit contribute to economic uncertainty [3] - The economy is not well-poised to handle a shock [3] Tariffs & Inflation - Tariffs are considered inflationary [4] - Wholesalers initially absorbed tariff costs, but these are now starting to impact prices, including food [5] - Economic analysis suggests tariffs ultimately translate to higher prices [6] - Tariff revenue is offsetting the deficit increase from the budget bill, but this may not continue if tariffs are challenged [8] Trade Deficit & Tariff Effectiveness - Tariffs have not rescued the deficit [9] - The trade deficit is wider year-to-date [10] - The primary benefit of tariffs has been creating a negotiating environment, though this is not considered a sustainable approach [11] - Higher prices and a weaker global economy are negative consequences of tariffs [12] Impact on American Households - Americans are worried about the cost of healthcare, housing, and food, which consume most of their paycheck [13] - Potential loss of healthcare support could lead to significant cost increases or lack of coverage for millions [14] - An eighth of the country faces extreme insecurity when nutrition benefits (SNAP) are threatened [16] - The economy is lopsided, with those living paycheck to paycheck struggling [17]

Core Insights - Rising inflation, stagnant salaries, and high living costs are prompting baby boomers to return to work, while Gen Z is proactively saving for retirement [1][5][7] Group 1: Gen Z Saving Trends - Gen Z is opening retirement accounts as early as 19 years old, indicating a more conservative financial approach compared to previous generations [2][4] - Approximately 47% of Gen Z employees aged 24 to 28 are on track to maintain their lifestyle in retirement, outperforming baby boomers (40%) and Gen Xers (41%) [6] Group 2: Baby Boomers' Financial Struggles - Despite being the wealthiest generation, many baby boomers are facing financial difficulties, with 14% having "unretired" and another 4% considering it due to rising living costs [7] - Annual household bills have increased by $1,250, making it challenging for baby boomers to retire comfortably [7] Group 3: Cultural Shifts in Investment - Gen Z's saving habits reflect a broader trend of embracing retro culture, with a preference for traditional investment methods over newer trends [3]

Welcome to Yahoo Finance's flagship show, Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures holding on to gains this morning. That's after a drop of more than 2% last week for the S&P 500 and NASDAQ despite a rebound on Friday. Didn't salvage the week.The bounce in futures coming even as crypto assets are still falling. Bitcoin back above $85,000, but it's off the highs it notched over the weekend. The riskoff sentiment coming as investors questi ...

Market Overview - US stock futures are holding onto gains after a drop of more than 2% last week for the S&P 500 and NASDAQ, despite a rebound on Friday [1] - Bitcoin is back above $85,000 but has fallen from weekend highs, reflecting risk-off sentiment as investors question potential Fed interest rate cuts in December [2] - Upcoming PPI and retail sales data will provide insights into inflation and consumer state, while the White House plans to announce a framework to reduce healthcare costs this week [3][4] Retail Sector Insights - Airlines expect to carry over 31 million people during the Thanksgiving holiday, indicating a strong travel demand post-government shutdown [5] - Retail earnings reports are anticipated, with companies like Kohl's and Best Buy expected to perform better than previously thought, particularly in electronics sales [10][11] - Kohl's interim CEO Michael Bender is expected to be named permanent CEO, as the company struggles with negative same-store sales growth [15][16] Federal Reserve Commentary - Fed Governor Chris Waller supports a rate cut in December, citing a softening job market and potential downward revisions to the September jobs report [19][20] - Boston Fed President Susan Collins does not see a strong need for a rate cut, indicating possible dissent within the Fed [22] - Market sentiment shifted after New York Fed President John Williams suggested a near-term rate cut, impacting stock market expectations [23][24] Cryptocurrency Market - Institutional investors are currently sidelined, with ETF outflows in November reaching $3.5 billion, the highest since February [27] - The crypto market has seen a significant sell-off, with $1.3 trillion in market cap wiped out, representing a 31% decline [28] - MicroStrategy's Bitcoin purchases are being closely monitored, with expectations of further acquisitions following recent price declines [30] Company-Specific Developments - Tesla's stock is buoyed by CEO Elon Musk's announcement regarding the company's AI chip development, which is expected to enhance self-driving technology [32] - Novo Nordisk's Alzheimer's drug trial did not yield significant results, negatively impacting its stock as it faces competition in the GLP-1 market [34] - Oscar Health and Centene stocks are rising due to reports of a proposed two-year extension of Obamacare subsidies, which could stabilize health insurance premiums [35]

Core Insights - A significant number of Americans are altering their retirement plans due to the current economic climate, with 35% delaying retirement and 53% revising their retirement strategies [1] Group 1: Retirement Planning Changes - 51% of adults cite insufficient savings as a reason for delaying retirement, while 46% point to inflation and 32% to the changing economic environment [1] - The New York Life survey indicates that many Americans are facing a financial confidence gap, with 87% of those working with a financial advisor feeling more confident in their savings ability compared to 49% without professional guidance [6] Group 2: Recommended Strategies - Retirement planning should include protection-oriented solutions such as annuities, which can provide guaranteed income and help retirees manage spending in a high-inflation environment [3][5] - Incorporating inflation-adjusted income into retirement strategies is essential for building lasting financial confidence [4] Group 3: Financial Professional Guidance - Collaborating with a financial professional can significantly enhance confidence in retirement planning, especially in the face of economic uncertainty [6]

Israel lowered interest rates on Monday for the first time in almost two years, with policymakers encouraged a ceasefire in Gaza will help keep risks to inflation under control https://t.co/lNW2zcDa1m ...

Do you want us now to discuss. What's that. >> Yeah.To discuss the challenges ahead for the Fed. Former Boston uh Fed President Eric Rosenrren, I think. Uh it's good to see you.Um Eric, and and you you you listen to to Mr. . Williams, New York Fed President also. And think did you see the Fed futures.They almost doubled uh after his comments. So he holds some sway in your view. Well, he holds some sway because normally the president of the New York Fed wouldn't take a position different than what the chair ...

Federal Reserve Policy Outlook - The New York Fed President's comments significantly influenced market expectations, with Fed futures nearly doubling after his strong support for a 25 basis point cut in December [2][3] - There is speculation that dissenting votes may arise, with some presidents likely opposing any cuts, while others may support a pause in policy changes until more data is available [4][8] Labor Market Concerns - The labor market has shown signs of weakness, with the unemployment rate at 4.4% and payroll employment growth at 119,000, raising concerns about potential further deterioration [6][7] - Inflation remains a critical issue, currently at 3%, which affects affordability and complicates the Fed's decision-making process regarding interest rates [7][9] Economic Indicators and Risks - The Fed's current stance is influenced by a combination of weak labor data and elevated inflation, leading to discussions about the need for potential policy adjustments [8][14] - There are concerns about the impact of labor supply shocks and the slow growth of the labor force due to immigration policies, which could affect payroll employment growth [11][12]

Company Overview - United Rentals, Inc. (URI) has a market cap of $50.9 billion and operates as a leading equipment rental company across the United States, Canada, Europe, Australia, and New Zealand, providing a wide range of construction and industrial equipment rentals, sales, and related services [1] Stock Performance - Over the past 52 weeks, URI shares have declined by 5.1%, underperforming the S&P 500 Index, which has increased by 11%. However, on a year-to-date basis, URI shares have risen by 14.4%, surpassing the S&P 500's gain of 12.3% [2] - URI shares have also underperformed compared to the Industrial Select Sector SPDR Fund (XLI), which returned 4.9% over the same period [3] Financial Performance - In Q3 2025, United Rentals reported revenue of $4.23 billion, exceeding expectations, but shares fell by 7.8% the following day due to adjusted EPS of $11.70 missing forecasts. Investor sentiment has been negatively impacted by inflation, high interest rates, and rising operating costs, which have squeezed margins and reduced profitability [4] Earnings Forecast - For the fiscal year ending December 2025, analysts predict a slight decrease in adjusted EPS to $43.13. United Rentals has a mixed earnings surprise history, having topped consensus estimates in one of the last four quarters while missing in three [5] Analyst Ratings - Among 22 analysts covering URI, the consensus rating is a "Moderate Buy," consisting of 12 "Strong Buy" ratings, two "Moderate Buys," seven "Holds," and one "Strong Sell" [5] - The current analyst sentiment is more bullish than three months ago, with nine "Strong Buy" ratings. Argus Research analyst Kristina Ruggeri has raised the price target to $945 while maintaining a "Buy" rating. The mean price target of $991.32 indicates a 23.9% premium to current price levels, while the highest price target of $1,169 suggests a potential upside of 46.1% [6]

♦️ Donald Trump plays down tensions with prominent MAGA Republicans.♦️ Zohran Mamdani says he is “establishing a productive relationship” with the president.♦️ The rise in inflation had “nothing to do with tariffs”, treasury secretary insists.Keep up with US politics https://t.co/ba6UUGssU0 ...