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US stocks fall after inflation cools less than anticipated

US stocks fall after inflation cools less than anticipated

US consumer prices rose more than expected in January, according to the latest data from the Bureau of Labor Statistics released Tuesday morning. Investors had been closely watching the print for clues on when the Federal Reserve will begin cutting interest rates. Markets are now pricing in a nearly 80% chance the Fed cuts rates in June, bucking previous expectations that the central bank would begin cutting rates in May. “This was a bad report for those betting the Fed is going to start… Source link

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Nancy Pelosi Brutally Shades Trump Without Even Using His Name

Nancy Pelosi Brutally Shades Trump Without Even Using His Name

Rep. Nancy Pelosi (D-Calif.) put Donald Trump on blast on Monday ― and at one point found a dismissive way to refer to the former president without even using his name. “I’ll just use this word that is really lacking on the Republican side, both in the Congress and with what’s-his-name who used to be president,” the former House speaker said on CNN. “Respect.” The moment came during a discussion with Anderson Cooper about current House Speaker Mike Johnson (R-La.), who lost two… Source link

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Trump wants to install new RNC leadership, including his daughter-in-law as co-chair

Trump wants to install new RNC leadership, including his daughter-in-law as co-chair

NEW YORK (AP) — Donald Trump called Monday night for a leadership change at the Republican National Committee in an attempt to install a new slate of loyalists — including his daughter-in-law — atop the GOP’s political machine even before the former president formally secures the party’s next presidential nomination. Current RNC Chair Ronna McDaniel says she has no plans to leave the committee until at least after South Carolina’s Feb. 24 primary election. Still, Trump is calling for… Source link

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Steelers release QB Mitchell Trubisky

Steelers release QB Mitchell Trubisky

Steelers release QB Mitchell Trubisky – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

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Layoffs hit gaming in 2024: The industry’s biggest headwinds

Layoffs hit gaming in 2024: The industry’s biggest headwinds

Nearly 6,000 gaming industry workers have already been laid off in 2024, according to PC Gamer reporting, while 2023 saw well over 10,000 job cuts across video game studios. Are industry employers correcting themselves after seeing surging interest in gaming dating back to the pandemic? LightShed Partners Media and Technology Analyst Brandon Ross joins Yahoo Finance to comment on the headwinds contributing to these lay offs seen across the gaming sector. “A big one was actually mobile games… Source link

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Avis, Arista Networks, ZoomInfo: After-Hours Earnings

Avis, Arista Networks, ZoomInfo: After-Hours Earnings

Yahoo Finance Live anchor Julie Hyman breaks down the details around Avis Budget Group’s (CAR) fourth-quarter revenue miss, Arista Networks (ANET) stock after posting a fourth-quarter beat, and ZoomInfo Technologies’ (ZI) better-than-expected results. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Luke Carberry Mogan. Video Transcript JULIE HYMAN: Let’s take a look at what is trending… Source link

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