Stock futures opened slightly higher Monday evening, with traders awaiting key new data on the state of the consumer. Contracts on each of the S&P 500, Dow and Nasdaq traded slightly in the green.  Investors are set to receive monthly retail sales data from the Commerce Department Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating… Source link

Thomas Barkin, president of the Federal Reserve Bank of Richmond, spoke with Yahoo Finance to discuss rising inflation and the future of Fed policy. Below is a transcript of his appearance on November 15, 2021. — BRIAN CHEUNG: Joining us here in an exclusive interview on Yahoo Finance live is the Federal Reserve Bank of Richmond President Tom Barkin. President Barkin it’s great to have you on the show this afternoon. Just wanted to start off with the breaking news that we had gotten about… Source link

Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images At Google’s weekly all-hands meeting on Thursday afternoon, CEO Sundar Pichai and cloud boss Thomas Kurian tried to address concerns about the company’s potential pursuit of a… Source link

COLUMBUS, Ga., Nov. 15, 2021 /PRNewswire/ — Aflac Incorporated (NYSE: AFL) today announced that its Board of Directors has declared the first quarter dividend of $0.40 per share, payable on March 1, 2022, to shareholders of record at the close of business on February 16, 2022. This represents a 21.2% increase over the previously declared fourth quarter dividend. (PRNewsfoto/Aflac Incorporated) Commenting on the announcement, Aflac Incorporated Chairman and Chief Executive Officer Daniel P…. Source link

While COVID-19 booster shot eligibility is continuing to expand in the U.S., not all doctors believe that’s where the focus should be in the fight against the coronavirus. “Honestly, I think that boosters right now are a bit of a distraction away from where we should be focused, which is getting first doses, especially since we know that even now, even with Delta surging, the primary doses of the vaccines are highly protective against serious infection, against hospitalization,” Dr…. Source link

Oatly (OTLY) shares are tanking after the oat-milk producer missed revenue expectations for its latest quarter and slashed its sales guidance.  The results were “disappointing, but also transitory,” Cowen senior analyst Brian Holland told Yahoo Finance Live.  Revenue came in at $171.1 million in the third quarter, missing consensus expectations of $185.7 million, based on Bloomberg data. The company forecasts sales will come in at more than $635 million for the year, a downward revision from… Source link

New Jersey, United States,- The recent report on “Ride Hailing Market Report 2021 by Key Players, Types, Applications, Forecast to 2028” offered by Verified Market Research®, comprises a comprehensive investigation into the geographical landscape, industry size along with revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the Ride Hailing Market.   An… Source link

(Bloomberg) — Michael Burry may have ditched some of his biggest shorts — at least for now. Most Read from Bloomberg Scion Asset Management, which Burry founded and runs as chief executive officer, had cut back to only a handful of positions as of the end of September, according to a regulatory filing made on Monday. Among trades that the firm closed in the third quarter were bets against Cathie Wood’s flagship ARK Innovation ETF, Elon Musk’s Tesla Inc. and the biggest Treasuries… Source link

Secretary of Transportation Pete Buttigieg oversees a giant chunk of the new $1 trillion infrastructure bill: Roads, bridges, ports, airports, railways, and more fall under his purview. It’s around half of the $550 billion in new spending, including $110 billion toward surface transportation, another $105 billion for rail, and $42 billion for seaports and airports. During a conversation with Yahoo Finance Live on Monday, Buttigieg laid out next steps once the “ink is dry” on the bill to get… Source link

Washington Football Team star Chase Young will miss the rest of the season with a torn ACL, head coach Ron Rivera revealed Monday. Young sustained the injury during the team’s stunning upset win over the Tampa Bay Buccaneers on Sunday. The injury occurred in the second quarter, as Young attempted to rush Tom Brady. Young was turned away by offensive lineman Donovan Smith, and fell to the ground in pain.  Young was helped off the field with assistance from teammates and trainers. He was ruled… Source link