Yahoo News

Nearly half of Americans earning more than $100K now report living paycheck to paycheck — here are the consequences Americans are still grappling with high inflation — the consumer price index was 8.3% in August — and even the wealthy are teetering on the edge. About 6-in-10 Americans were living paycheck to paycheck in August, according to a recent report produced by commerce data platform PYMNTS and personal loans website LendingClub. And even those who earn six-figure incomes are… Source link

This article is part of our Yahoo DFS Baseball series. With both American League Division Series having the day off Wednesday, the National League will take center stage. First up will be Zack Wheeler and the Phillies playing Game 2 of their series with the Braves, who will start Kyle Wright. A pitcher’s duel could loom for Game 2 of the series between the Padres and Dodgers with Yu Darvish starting against Clayton Kershaw. Only two games doesn’t leave us with many options on Yahoo,… Source link

(Bloomberg) — JPMorgan Chase & Co.’s boss Jamie Dimon says the US stock market could suffer another “easy 20%” drop, which would push the benchmark index below 3,000 — a level it hasn’t seen since the depths of the coronavirus pandemic. Most Read from Bloomberg So what would another slide of that magnitude actually look like and which stocks would get hit hardest? For one thing, it would be painful for investors, with technology and so-called growth shares likely taking the brunt of… Source link

I’m 63 and have zero retirement, just Social Security benefits. How can I begin saving? And where can I begin investing this late in the game? -Rita Saving for retirement is certainly easier and has a greater impact on you the earlier you begin, which you seem to understand. The longer you wait, the less time you have to put aside money. Additionally, the compounding effects from interest, dividends and growth have less time to work for you. Regardless of how late you start, however, I don’t… Source link

‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — just issued a dire warning over ‘extremely low’ capacity. Here are 3 stocks for protection The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. “Today there is spare capacity that is extremely low,” Saudi Aramco CEO Amin Nasser says at a conference in London. “If China… Source link

(Bloomberg) — US stocks swung between gains and losses as markets digested upbeat corporate news and data on producer prices that will keep pressure on the Federal Reserve to tighten policy. Treasuries held steady, while UK markets were roiled once again by policy concerns. Most Read from Bloomberg The S&P 500 fluctuated as the benchmark attempted to stage a comeback after a five-day losing streak. Consumer staples and health care topped the leaderboard with gains in PepsiCo Inc. and Moderna… Source link

Once opening lineups have been introduced this preseason, you can find the Phoenix Suns’ players bunched at their side of the court. A group of larger-than-life bowling pins, joyfully rattling and ramming against each other, all bouncing off the hardwood. Never mind the team is up for sale, following the expose of Robert Sarver’s long-rumored behaviors. Never mind that debut defeat at the hands of the … Adelaide 36ers? The giggliest Sun might even be the tallest, starting center Deandre… Source link

Rising mortgage rates have sidelined many would-be homebuyers, but for institutional investors, it has become an opportunity as home builders try to unload properties. “What we’re seeing is builders have to make their quota. They have to make the end-of-the-year numbers,” Kinloch Partners Cofounder and CEO and President Bruce McNeilage told Yahoo Finance Live (video above). “So they’re reaching out to folks like us, the institutional owners of houses, and we’re buying in bulk using those as… Source link

U.S. stock futures were higher Wednesday but pared some earlier gains as investors weighed producer price data that came in slightly higher than expected. S&P 500 futures (^GSPC) rose 0.2% while futures on the Dow Jones Industrial Average (^DJI) ticked up 0.15%. The technology-heavy Nasdaq Composite (^IXIC) rose by 0.2%. Wall Street has been keeping a close eye on monetary action overseas, as Bank of England Governor Andrew Bailey announced the bank would end its emergency bond-buying program… Source link

ZOZO CHAMPIONSHIP Chiba, JapanAccordia Golf Narashino Country Club – Par 70 – 7,079 yardsField – 78 entrantsPurse – $11M The Preview The PGA Tour makes the overseas trek from Las Vegas to Japan this week as Accordia Golf Narashino Country Club plays host to the ZOZO Championship for the third time since the event’s inception in 2019. The par-70 layout measures less than 7,100 yards, but tree-lined fairways and a handful of doglegs make the course play a bit longer than it looks on paper,… Source link