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Meet the leadership of the Fed's new task forces
Yahoo Finance Video38d agoneutralVIDEO
Meet the leadership of the Fed's new task forces

Federal Reserve Chairman Kevin Warsh has revealed the leadership of the US central bank's new task forces to review monetary policy and even communication on the Fed's interest rate messaging. Yahoo Finance Senior Fed Reporter Jennifer Schonberger breaks down who the new task force leaders are.

U.S. Stocks Rise As War Jitters Ease
The Wall Street Journal38d agoneutral
U.S. Stocks Rise As War Jitters Ease

FINANCE U.S. stocks rose as fears about a return to full-blown war in Iran subsided, bringing down oil prices and quelling inflation expectations. The Dow Jones Industrial Average rose 139.02, or 0.27%, to 52487.

Kura Sushi USA Q3 Earnings Call Highlights
MarketBeat38d agoneutral
Kura Sushi USA Q3 Earnings Call Highlights

Kura Sushi USA (NASDAQ:KRUS) reported higher fiscal third-quarter sales and improved restaurant-level profitability despite negative comparable sales and continued pressure from tariffs on imported ingredients, executives said on the company’s earnings call. President and CEO Hajime Uba said the co

What Will Push This Market Into Its Next Gear? Maybe the $7 Trillion Cash Pile on the Sidelines.
24/7 Wall St.38d agoneutral
What Will Push This Market Into Its Next Gear? Maybe the $7 Trillion Cash Pile on the Sidelines.

$7 trillion. That is the scale of the cash pile parked in money market funds and short duration instruments, waiting for a reason to deploy. The reasons are stacking up fast. What It Means The economics of holding cash are eroding in real time. The Federal Reserve’s target rate upper bound sits at 3.75%, down ... What Will Push This Market Into Its Next Gear? Maybe the $7 Trillion Cash Pile on the Sidelines.

PepsiCo Q2 earnings: US consumers are cutting back on snacking amid inflation
Yahoo Finance Video38d agoneutralVIDEO
PepsiCo Q2 earnings: US consumers are cutting back on snacking amid inflation

PepsiCo (PEP) stock slides in Thursday's pre-market after the food company's second quarter earnings results illustrated how Americans are cutting back on snacking amid inflationary pressures. Yahoo Finance Senior Reporters Pras Subramanian and Brooke DiPalma sit down with Monetary Matters Network co-founder Jack Farley to talk about the earnings release and the state of the US consumer.

Sony Approved to Launch Sony Stablecoin
99bitcoins38d agoneutral
Sony Approved to Launch Sony Stablecoin

In crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations have slowed since yesterday, dropping from over $532M to $345M, with over $240M of that figure coming from long positions, ...

Shifting Fed Policy and Rising Bond Yields Could Finally Crack the Stock Market
Barrons.com38d agoneutral
Shifting Fed Policy and Rising Bond Yields Could Finally Crack the Stock Market

The Federal Reserve’s first policy meeting under Chairman Kevin Warsh highlighted a big focus on artificial intelligence spending. Bond markets are listening. Minutes of the Fed’s June meeting, where interest rates were kept unchanged at between 3.5% and 3.75% but communication was sharply pared back under Warsh’s new leadership, suggested a hawkish stance among Fed governors, many of whom remained focused on inflation pressures in the world’s biggest economy.

This Earnings Season Is the Stock Market’s Biggest Test
Barrons.com38d agoneutral
This Earnings Season Is the Stock Market’s Biggest Test

Baseball legend Tommy Lasorda, the former Los Angeles Dodgers manager who won two World Series, didn’t have much time for the idea of “pressure” in professional sports. Stock markets are different matter, however. The looming second-quarter earnings season—set against the pullback in big tech stocks, the resurgence of global geopolitical risks, and the specter of renewed inflation—has investors on edge.

John Deere owners will get the right to repair their own equipment under a new FTC settlement
Associated Press38d agoneutral
John Deere owners will get the right to repair their own equipment under a new FTC settlement

It looks like John Deere owners can soon feel free to fix their own machines. The Federal Trade Commission and attorneys general from several states secured a right-to-repair settlement Wednesday with agriculture equipment giant Deere & Co. — commonly known as John Deere — that requires the company to let farmers and independent shops fix their own equipment.

Inflation Fears Retake the Stage
The Wall Street Journal39d agoneutral
Inflation Fears Retake the Stage

Markets tumbled after President Trump said the ceasefire with Iran may be over. Speaking in Turkey at the NATO summit, the president said the U.S. was likely to continue strikes. The Nasdaq Composite, however, managed a 0.2% gain.

AT&T leaves rivals flat-footed as bankrupt carrier folds
TheStreet39d agoneutral
AT&T leaves rivals flat-footed as bankrupt carrier folds

Dish DBS, the satellite TV and wireless subsidiary of EchoStar, filed for prepackaged Chapter 11 bankruptcy on June 30 in federal court in Houston. The filing ends months of speculation about the future of the industry's would-be fourth wireless carrier. More than 88% of Dish's bondholders ...

Stocks Little-Changed After Fed Minutes Release
Barrons.com39d agoneutral
Stocks Little-Changed After Fed Minutes Release

Stocks were little-changed after the Fed released minutes from its latest meeting. The Federal Open Market Committee held rates steady in June, and the meeting was the first under the leadership of Chairman Kevin Warsh. The Dow was down 600 points, or 1.6%, the S&P 500 was down 0.4%, and the Nasdaq was down 0.1%.