Supply chain tightness is causing heightened concern over the growth of the U.S. economy while companies mired in trucking and shipping delays scramble to find alternative routes. “The supply chains are everything at this point,” Frances Donald, global chief economist and global head of macroeconomic strategy at Manulife Investment Management, told Yahoo Finance Live (video above). “It’s never been harder to create an outlook for the fourth quarter in large part because we have absolutely no… Source link
Read More »What is short selling? Yahoo U explains
For more business and finance explainers, check out our Yahoo U page. Buying a stock is often a bet that the stock’s price will go up. But what if you want to bet on a stock price going down? Short selling is one way to do that, and involves a few extra steps than simply buying a stock. It also comes with high risk. How does one short sell a stock? First, an investor borrows a share of a company, usually from a broker (likely in a margin account). The investor then sells the share in the… Source link
Read More »Supply chain bottlenecks will persist unless one of two things happens, expert explains
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
Read More »‘There really is a perfect storm’ of supply chain issues, logistics expert explains
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
Read More »The war on WikiLeaks and Julian Assange: Yahoo News Explains
In April 2010, when WikiLeaks founder Julian Assange appeared at the National Press Club to release a classified video depicting a U.S. military helicopter killing 18 people, he was hailed in some circles as a hero. More than a decade later, new reporting reveals the depths of the CIA’s war against Assange and WikiLeaks during the Trump administration. Yahoo News National Security Correspondent Zach Dorfman explains. Video Transcript ZACH DORFMAN: When Julian Assange appeared at the National… Source link
Read More »What is the debt ceiling? Yahoo U explains.
For more business and finance explainers, check out our Yahoo U page. For the federal government, “raise the roof” is anything but fun — it means things could spiral into disaster. It all concerns a legislative feature that has existed in American politics for over 100 years: the debt ceiling. As a mechanism to enforce prudence over government spending, Congress establishes a statutory limit on the amount of money that the federal government owes. When the government breaches that limit,… Source link
Read More »‘We forgot how bad these diseases are,’ doctor explains
Unvaccinated Americans are still driving a surge in COVID-19 hospitalizations and deaths in various parts of the country, and one doctor believes that the country needs to appreciate the power of vaccines throughout history. “For us in the medical field and for the population in general, we forgot how bad these diseases are — how bad smallpox, how bad polio, how bad measles is — because they’ve been eradicated for the largest part in many parts of the world, especially the developing… Source link
Read More »Company behind massive Carolina Panther AR explains why ‘this is going to be the future’
The Carolina Panthers entered the world of augmented reality (AR) after the them showed fans a 30-second clip of a “mixed-reality” panther pouncing onto the scoreboard and tearing the opposing Jets’ team flag at midfield before kickoff during their first game of the NFL season last week. While the panther wasn’t actually in the stadium at all, the live mixed-reality show created by The Famous Group presented a three-dimensional type experience for fans inside Bank of America… Source link
Read More »Unvaccinated and vaccinated people ‘are not in the same ballpark’ of risk, doctor explains
Amid fears of new variants emerging and evading COVID-19 vaccines, health experts are repeatedly pointing out that being fully vaccinated is very different from being unvaccinated. “We have to be very clear about who we’re talking about,” Dr. Jeremy Faust, an emergency physician at Brigham and Women’s Hospital and an instructor at Harvard Medical School, said on Yahoo Finance Live (video above). “The Delta variant is extraordinarily dangerous for the unvaccinated, and it presents a… Source link
Read More »Student loan crisis arose from ‘giving families a blank check,’ author explains
The student loan debt crisis arose after legislative changes over the years that created a system of largely unchecked lending to millions of students, according to a reporter and author of a new book. “If you just keep on issuing student debt in the same fashion, which is basically giving families a blank check, you’re just going to have more and more families end up in unrepayable debt over the years, and it doesn’t really solve the underlying issue,” Josh Mitchell, Wall Street Journal… Source link
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