Yahoo News

U.S. stock futures wavered ahead of the open Thursday after inflation data for December showed prices increased at a slower annual rate, in a report that was in line with expectations from economists. Futures tied to the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) hovered around the flatline. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were down about 0.2%. U.S. Treasury yields ticked down. The yield on the benchmark 10-year U.S. Treasury note fell to 3.54% from… Source link

Homebuilder KB Home (KBH) reported revenue and profits that missed estimates in the fourth quarter as its net orders plunged and the value of its backlog fell 25% against the same quarter last year. The Los Angeles-based homebuilder posted quarterly results that missed Wall Street expectations, with earnings per share coming at $2.47 against $2.86 expected by Bloomberg consensus. Revenue in the quarter totaled $1.94 billion in Q4, less than the $1.98 billion expected by analysts compiled by… Source link

BREVARD, Fla. — NASA astronaut Frank Rubio and Russian cosmonauts Sergey Prokopyev and Dmitri Petelin are faced with extending their stay aboard the International Space Station by several months and will require a new ride home after their Russian MS-22 Soyuz spacecraft sprang a leak last month. The trio was supposed to use that spacecraft to return to Earth in March. Wednesday, NASA and Russian space officials unveiled a plan to launch an empty Soyuz capsule to the ISS to ferry them back… Source link

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 12, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. The final consumer price index of 2022 is due out Thursday morning, and is expected to show prices rose 6.5% over the… Source link

Ezra Miller is accused of stealing liquor bottles from a friend’s home in Vermont. (Photo: WireImage) Ezra Miller will plead guilty in their felony burglary case as part of a deal reached with prosecutors, Yahoo Entertainment has confirmed. The 30-year-old actor will cop to a single, lesser charge of unlawful trespassing as they’re accused of stealing liquor bottles from a neighbor’s Vermont home last year. Miller, who is nonbinary, previously pleaded not guilty to one count of burglary and… Source link

Ezra Miller is accused of stealing liquor bottles from a friend’s home in Vermont. (Photo: WireImage) Ezra Miller avoided jail in their felony burglary case as part of a deal reached with prosecutors, Yahoo Entertainment has confirmed. The 30-year-old actor copped to a single, lesser charge of unlawful trespassing as they’re accused of stealing liquor bottles from a neighbor’s Vermont home last year. “Ezra Miller pled guilty this morning to a misdemeanor unlawful trespass in Vermont Superior… Source link

Claire Barrow, left, pictured with her mother, Heather Barrow, and Mia have found others with the same rare health conditions thanks to social media. (Courtesy of Claire and Heather Barrow and Mia) Thanks to social media, a growing number of people have found that health conditions they were once told were rare aren’t that uncommon after all. One such person is 39-year-old Mia, who posted on TikTok about experiencing painful Bartholin’s cysts. In a video that’s been liked nearly 53,000 times,… Source link

Jeff Beck performs at Helsinki Blues Festival on June 19, 2022. (Photo: Lehtikuva/Jussi Nukari via Reuters) Jeff Beck, one of the most innovative and influential guitar gods of the 1960s’ British Invasion and the No. 5 entry on Rolling Stone’s ranking of the 100 greatest guitarists of all time, has died suddenly at age 78. The shocking news — which comes just two months after the eight-time Grammy-winner and two-time Rock & Roll Hall of Fame inductee wrapped his concert tour with friend… Source link