[unable to retrieve full-text content]Here’s the math keeping housing inventory so low Yahoo Finance Source link
Read More »Google makes last shot at keeping its apps and the Play Store together on Android in India
The company appeals an antitrust ruling that’s about to take effect The European Union has taken a number of steps to curb the power of Big Tech in its jurisdiction — Google in particular has been on the receiving end of steep fines over antitrust violations. The company is also facing similar pushback from regulators in India. Back in October last year, the Competition Commission of India slapped the company with a fine of $161.9 million for compelling… Source link
Read More »‘Supply problem’ is keeping housing unaffordable, expert says
While many forecasts point to home prices declining next year amid slowing home sales, housing will remain unaffordable for many homebuyers, according to one expert. “We have a supply problem with housing,” Marc Norman, associate dean at the NYU Schack Institute of Real Estate, told Yahoo Finance Live (video above). “We’ll see the price declines, but I think the income gains that we are seeing lately are still not keeping up with the prices that we are seeing in the market — in most… Source link
Read More »Bill Ackman says Fed will fail to bring down inflation, keeping stocks under pressure
Billionaire hedge fund manager Bill Ackman has been urging the Federal Reserve to get serious on inflation since late last year. Now, he has doubts about the U.S. central bank’s ability to bring price stability down to its target. And thinks stock prices could remain under pressure as rates stay high amid this new environment. The Pershing Square Capital founder and CEO said Thursday in a quarterly call with investors that interest rates are “meaningfully below where they are going to… Source link
Read More »Central banks around the globe are keeping Wall Street up at night: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, September 29, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The Dow Jones Industrial Average (^DJI) rallied Wednesday — putting in its best showing in two months — on the back of a massive, risk-on reversal in global bond and currency markets. The U.S…. Source link
Read More »Cooper Rush, the ‘quiet killer’ tasked with keeping the Cowboys afloat without Dak Prescott
Hours after he took over for an injured Dak Prescott in Week 1, one of Cooper Rush’s former college teammates sent him a text. Rush had just gone from longtime backup to QB1 of the Dallas Cowboys in a matter of moments as news of the severity of Prescott’s thumb injury trickled through the Twitterverse. But Rush didn’t seem too interested in that when he messaged his friend back. “Hey man,” former Central Michigan wideout Jesse Kroll texted to Rush. “I’m pumped for the opportunity… Source link
Read More »‘Cash is still trash’ — Billionaire Ray Dalio says keeping money in a savings account is not safe. Here’s what he holds instead
‘Cash is still trash’ — Billionaire Ray Dalio says keeping money in a savings account is not safe. Here’s what he holds instead Some say cash is king. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, it may not be wise to keep too much of your investment money in cash these days. “Cash is not a safe investment, is not a safe place because it will be taxed by inflation,” Dalio told CNBC last year. This week, when CNBC asked him about his… Source link
Read More »Cathie Wood ‘keeping open mind’ on investing in General Motors as carmaker scales EV plans
General Motors (GM) has been revving up its electric vehicle business. And Cathie Wood is taking notice. The innovation-focused, Tesla (TSLA)-loving Ark Invest CEO — a vocal critic of legacy automakers who predicted not long ago that GM will go bankrupt — is changing her tune on the Detroit-based car manufacturer as it commits to an electric future, Wood signaled in an interview with Yahoo Finance. She also revealed that her investment management firm recently met with General Motors CEO… Source link
Read More »Google thanks Indian techie for keeping Android safe and secure
Search giant Google has applauded the efforts of an Indian techie for reporting and submitting vulnerabilities in Android, making the operating system safe for all users. In a blog post on Monday, Google revealed that Aman Pandey of Bugsmirror was regarded as the top-most researcher in terms of reporting and submitting vulnerabilities. In 2021, Aman Pandey submitted 232 vulnerabilities. “Since submitting their first report in 2019, Aman has… Source link
Read More »Packers reportedly will go all in on keeping Aaron Rodgers
The Green Bay Packers are hoping to avoid drama this offseason. The team is reportedly willing to go all in to retain All-Pro quarterback Aaron Rodgers on a long-term deal, according to ESPN’s Adam Schefter. The Packers are reportedly considering a contract situation similar to what the New Orleans Saints did with Drew Brees at the end of his career. The Saints would continue to extend Brees at high amounts, but add void years to his contract in order to spread Brees’ signing bonus among… Source link
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