Yahoo News

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, spoke with Yahoo Finance to discuss the COVID-19 recovery, economic inequality, and the future of Fed policy. Below is a transcript of his appearance on Feb. 4, 2021. – RAPHAEL BOSTIC: This is a very large was, logistical challenge and one that we really never tried to do before. So I think there’s been a lot of learning. I know here in Atlanta, the counties have really started to understand how to engage with the public, just to… Source link

Activist short-seller Carson Block, the founder of Muddy Waters Research, says the “markets are broken,” and it’s causing investors who traditionally focus on the fundamentals to have to trade on the technicals. “They were broken before GameStop (GME), but GameStop and these meme stocks just show how broken they are now. Now, the reason they’re broken is because fundamentals matter less and less every day,” Block told Yahoo Finance Live on Wednesday. While it’s a confluence of factors that… Source link

The Guardian ‘Please send more vaccines’: Covid crisis engulfs California’s farming heartland Fresno county, a region in the state’s central valley made up of 999,000 people, is recording 450 new coronavirus cases per day Medical workers at Community medical center in Fresno county care for a coronavirus patient in the intensive care unit. Photograph: Community Medical Center California officials have signaled optimism that the latest, most deadly wave of the pandemic is starting to… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

A man’s chest x-ray has delivered a disturbing explanation behind a bizarre bout of swallowing difficulty and throat dryness. Bradford Gauthier, from the US state of Massachusetts, began experiencing the abnormal symptoms earlier this week and initially put it down to them being an uncomfortable side effect of shovelling snow. “I woke up this morning, felt fine, but when I tried to drink a glass of water it wouldn’t go down, I had to lean over to let it spill out into the sink. Gross,” Source link

Thursday isn’t quite as busy as originally expected, especially for those of you in the Northeast. Three games have been postponed: the Devils versus the Penguins, the Islanders versus the Sabres, and now the Avalanche versus the Wild. That still leaves eight NHL games taking place. I had actually written these recommendations up before the COL-MIN news, so there are a couple alterations where the info might be sparser. However, I didn’t want to leave those unhelpful suggestions in. Here are… Source link

Another impressive comeback from the Hornets on Wednesday fell short as the Sixers survived the late rally to earn a 118-111 win. Trailing by as many as 26 late in the second quarter, Charlotte used big runs in the third and fourth quarters to make the second half an interesting one. A 27-9 run in the third quarter, particularly, cut the deficit to single digits and though Philly responded to push the lead back to double digits, the Hornets stayed within shouting distance the remainder of the… Source link

Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While Tesla was the one grabbing headlines in the United States, with over 700% gains in 2020… A Chinese competitor most folks have never heard of was already showing up Elon Musk’s EV juggernaut. Nio, “the Chinese Tesla,” has rolled out over 75,000 electric vehicles to date. And with their ET7 electric car boasting a record range of 621 miles on one… Source link