[unable to retrieve full-text content]High rates haven’t always been a problem for stocks Yahoo Finance Source link
Read More »A 15-year problem that has plagued corporate America is finally turning around
American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think the developments in labor productivity could help the stock market survive stickier-than-expected inflation that has emerged as a concern in recent weeks. “If… Source link
Read More »Commercial real estate a ‘manageable’ problem but some banks will close: Powell
Federal Reserve chair Jerome Powell is predicting that more small banks will likely close or merge due to commercial real estate weaknesses, but that the problem is ultimately “manageable.” The central bank official made this point during a 60 Minutes interview that aired Sunday night. It was Powell’s first comments about the industry following a new bout of turmoil cascading through the stocks of many regional banks. “I don’t think there’s much risk of a repeat of 2008,” Powell said,… Source link
Read More »Is Purdy a problem? Change is coming in Buffalo
Is Purdy a problem? Change is coming in Buffalo | Sunday Night Blitz Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »Apple could have a new problem: Uncle Sam
Apple (AAPL) has long avoided the government-induced antitrust headaches now plaguing Big Tech rivals like Amazon (AMZN), Google (GOOG, GOOGL), and Meta (META). Until now. The Justice Department is reportedly in the final stages of deciding whether to wage a sweeping legal attack on Apple that could compound headwinds already picking up steam for the world’s most valuable company in a rough start to the new year. According to the New York Times, US antitrust investigators are wrapping up a… Source link
Read More »Discord users say Jack Teixeira only leaked documents to show off. That's a problem for the US military, which uses the app as a conduit for recruitment: reports – Yahoo News
[unable to retrieve full-text content]Discord users say Jack Teixeira only leaked documents to show off. That’s a problem for the US military, which uses the app as a conduit for recruitment: reports Yahoo News Source link
Read More »Earnings estimates keep falling, which might be no problem for stocks
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 Friday, January 20, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. Corporate earnings season will be in full swing by the end of next week. Big banks, airlines, and Netflix (NFLX) have all released… Source link
Read More »Wild Bed Bath & Beyond stock moves expose a larger problem with investing
For vocal Bed Bath & Beyond bear Anthony Chukumba, the recent gyrations in Bed Bath & Beyond’s stock — despite the retailer being on the brink of bankruptcy — underscore the need for people to boost their financial literacy. “It is a living, breathing example of the need for financial literacy education in the United States,” the Loop Capital analyst said on Yahoo Finance Live (video above). “I mean, Bed Bath & Beyond is going to go bankrupt.” Bed Bath & Beyond finished Friday’s session… Source link
Read More »Why Salesforce layoffs may actually be a problem for the stock
In the wake of Salesforce’s (CRM) mass layoff announcement last week, Wall Street may have overlooked one key element in its haste to predict better profit margins from the tech giant. According to Bernstein analyst Mark Moerdler, who published a critical client note on Salesforce Wednesday, mass firings may actually hinder sales growth and, as a result, profit margins. “Salesforce recently announced a ~10% employee reduction, in addition to comments on other cuts, which will only drive… Source link
Read More »Google Chrome Is About to Be Problem on Your Parents’ PC
Photo: Evan Lorne (Shutterstock) Many of our parents’ computers are essentially held up with duct tape. How these ancient behemoths manage to power on each day is an eternal mystery. But if your parents are running an old version of Windows, specifically Windows 7, 8, or 8.1, be warned: Google Chrome is about to get rocky. Google will end support for Chrome on Windows 7, 8, and 8.1 on Jan. 10. While this news might seem like short notice, it really isn’t. Chrome 109 will be the final… Source link
Read More »