GOP senator rejects Jamie Dimon’s call to end debt limit

Sen. Mike Braun (R., Ind.) told Yahoo Finance that JPMorgan Chase CEO Jamie Dimon is “condoning a broken system” by suggesting eliminating the debt ceiling. Dimon told President Biden on Wednesday that he thinks the U.S. should “get rid” of the debt ceiling, arguing “we don’t need to have this kind of brinksmanship every couple of years.” “Jamie wouldn’t say that for his own business,” said Braun. “His board of directors would get rid of him.”  Senate leaders came to an agreement on Thursday… Source link

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The price of Red Bull, other energy drinks may be about to skyrocket

Ingesting 300 milligrams of caffeine before 6:00 a.m. in one shot may be about to get much costlier.  And you could blame inflation in aluminum, and energy drink leader Red Bull.  “A price increase would be preferable, and meaningfully favorable for trading in Monster shares, but we believe Monster remains committed to following Red Bull (we ascribe a slightly greater than 50/50 likelihood that Red Bull takes price, with an announcement needed before year-end),” said Stifel analyst Mark… Source link

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Nearly 80% of US workers are concerned about their mental health as burnout skyrockets: survey

More than a year and a half into the pandemic, the mental health of workers nationwide is deteriorating at an alarming rate. Nearly 80% of workers are worried about their mental health, and those concerns are nearly double that of physical health, according to a recent Conference Board survey of 1,800 U.S. workers. “In April, we were much more optimistic that there would be a return to the new normal or the next normal. I think we’ve found that that’s not really happening and it has had an… Source link

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‘The end of physical currency, cash, is certainly drawing near’: Economist

Physical currency and hard cash may soon be a thing of the past, Eswar Prasad, Cornell University economics professor and author of “The Future of Money” told Yahoo Finance Live. “The end of physical currency, cash, is certainly drawing near, and cryptocurrencies, including bitcoin (BTC-USD), have certainly paved the way for that revolution,” Prasad said. The digitalization of transactions has been well underway for the past few decades, but serious discussions regarding a fully-digital… Source link

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Yahoo & Tubi team for new tools to streamline CTV ad buying

Global media and tech company Yahoo today announced it is expanding its partnership with FOX Entertainment’s ad-supported video-on-demand (AVOD) platform Tubi. Under the new deal, media planners and buyers using Yahoo’s demand-side platform (DSP) will gain access to Tubi’s entire streaming content library. The move aims to help connected TV (CTV) advertisers improve efficiency in the buying process. As connected television viewership soars, so too… Source link

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Cannabis ‘is a huge opportunity’ for long-term investors, Ross Gerber says

The consolidation in cannabis stocks since their February highs presents a lot of potential for long-term marijuana investors holding fast, according to one investment advisor. “For investors who are looking at the long game, this is a huge opportunity because the players in cannabis have only gotten stronger over the last year,” Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said on Yahoo Finance Live (video above).  “The numbers that I’ve looked at… Source link

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Yahoo and Tubi Partner to Streamline CTV Planning & Buying

Yahoo and Tubi partner to offer CTV streaming inventory and open demand via Yahoo DSP, simplifying the CTV planning and buying process NEW YORK, October 07, 2021–(BUSINESS WIRE)–Yahoo today announced the expansion of its partnership with Tubi, FOX Entertainment’s breakthrough ad-supported video-on-demand (AVOD) service, bringing incremental efficiencies to the planning and buying of connected TV (CTV). Building on Yahoo and Tubi’s supply-side (SSP) relationship, the expansion offers… Source link

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Yahoo and Tubi Partner to Streamline CTV Planning & Buying

NEW YORK–(BUSINESS WIRE)–Yahoo today announced the expansion of its partnership with Tubi, FOX Entertainment’s breakthrough ad-supported video-on-demand (AVOD) service, bringing incremental efficiencies to the planning and buying of connected TV (CTV). Building on Yahoo and Tubi’s supply-side (SSP) relationship, the expansion offers Yahoo demand-side platform (DSP) advertisers direct access to Tubi’s unmatched AVOD content library, making it easier to plan and buy… Source link

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