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Donald J. Trump joined Yahoo Finance’s Adam Shapiro for a wide ranging conversation covering topics such as the U.S. economy, COVID-19 vaccines, cryptocurrencies, and his thinking on a third run for the presidency in 2024. Below is a complete transcript of the conversation from October 1. ADAM SHAPIRO, anchor and correspondent: Donald Trump was elected November 8th, 2016 to become the 45th President of the United States. During his administration, there was historic law passed, the Tax Cuts… Source link

(Bloomberg) — Amazon.com Inc. shares fell sharply on Monday, taking the e-commerce giant into negative territory for the year, as a sustained rise in Treasury yields is hurting the earnings outlook for companies with high valuations. Most Read from Bloomberg Amazon shares fell as much as 2.5% on Monday and were on track for a sixth straight negative session, the longest such streak for Amazon since an eight-day drop that ended in August 2019. With the decline, the stock is now down 1.4% for… Source link

There are fears the government is secretly ordering Google to provide information on innocent users who typed in certain search terms. (Photo by Chris Jackson/Getty Images) Getty Images The U.S. government is secretly ordering Google to provide data on anyone typing in certain search terms, an accidentally-unsealed court document shows. There are fears such “keyword warrants” threaten to implicate innocent web users in serious crimes and are more common than… Source link

Former President Donald Trump says the country has a debt problem and that the ongoing debt ceiling fight can be “a very strong card to play [where Republicans] can get a lot of what they want.” In an exclusive interview with Yahoo Finance, Trump said the prospect of a government default, which could plunge the country into a recession, can and should be a Republican lever to stop the Democratic spending efforts, including the multitrillion-dollar package of social spending currently being… Source link

Although businesses may be struggling with unexpected cargo delays, supply chain bottlenecks may not be resolved in the near term. “I don’t see a line of sight where this ends anytime soon,” Weston LaBar, head of strategy at Cargomatic, a freight load-matching company, told Yahoo Finance Live (video above). Some experts even expect the supply chain problems to hit the holiday shopping season. Container ships have been delayed for days at major ports on the West Coast, and trucking routes have… Source link

Donald J. Trump joined Yahoo Finance for a wide-ranging conversation covering topics such as the U.S. economy, COVID-19 vaccines, cryptocurrencies, and his thinking on a third run for the presidency in 2024. The full interview will be released on Monday. Former President Donald Trump told Yahoo Finance that inflation is one of the issues that will help him determine if he will run for the Republican presidential nomination in 2024. Soaring prices have become a fixture of the pandemic-era… Source link

Supply chain bottlenecks are squeezing businesses big and small. One expert explains why it’s so hard to iron out the major kinks affecting global trade. “There really is a perfect storm going on,” Adam Compain, senior vice president at project44, a supply chain technology provider, told Yahoo Finance Live (video above). Compain laid out three major reasons why ports are so backed up and there’s red-hot demand for truckers.  “First and foremost is customer expectations have risen only in one… Source link

Stock futures pointed to a lower open on Monday, giving back some of Friday’s gains as traders awaited new economic and earnings data this week to confirm or assuage concerns over supply chain challenges, inflation and the pace of the labor market’s recovery.  Contracts on the S&P 500 fell by 0.4% with about two hours to go until the opening bell. Last Friday, the first day of October and the fourth quarter, the blue-chip index logged its best start to the month since 2007 with a jump of… Source link

In this article, we discuss the 10 stocks Billionaire David Tepper is selling. If you want to skip our detailed analysis of Tepper’s history, investment philosophy, and hedge fund performance, go directly to Billionaire David Tepper is Selling These 5 Stocks. Legendary investor, philanthropist and co-founder of the public equity investment fund Appaloosa Management, David A. Tepper specializes in distressed debt investments. After earning his B.A in Economics from the University of Pittsburgh… Source link

Global EV Charging and Energy Management Provider Wallbox and Kensington Capital Acquisition Corp. II Complete Closing of Business Combination BARCELONA, Spain & WESTBURY, N.Y., October 04, 2021–(BUSINESS WIRE)–Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced it has completed its business combination with Kensington Capital Acquisition Corp. II (NYSE: KCAC), a special purpose acquisition company. The business… Source link