Posts by Yahoo Finance

  • Ford vs. Chevy, McDonald's goes mobile in China and Greek lessons learned

    Yahoo Finance at Yahoo Finance 17 hrs ago

    U.S. stocks (^DJI, ^GSPC, ^IXIC) are largely shrugging off the continuing drama in Greece but that doesn't mean there aren't lessons to be learned. While the United States isn't on the edge of the cliff like Greece, an increasingly complicated and messy tax system doesn't help matters here at home. Could we one day be in Greek-like trouble if we don't change our ways?

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finances is watching today.

    IRS punts on policing nonprofits until after 2016 The IRS is reportedly expected to wait until after the 2016 elections to crack down on nonprofit campaign spending. IRS officials have conceded that there is little they can do to stem the flood of money anonymously channeled through nonprofit groups to various campaign interests.

  • Markets react to Greek drama; Private tech stock probe; Nike's big World Cup score

    Yahoo Finance at Yahoo Finance 19 hrs ago

    Stocks (^GSPC) in the U.S. are not joining in a big global market selloff after Greek voters said "no" to new austerity measures demanded by creditors.  The vote has increased fears Greece will be forced to exit the Euro zone.

    Yahoo Finance's Aaron Task indicates that while U.S. stock futures plunged on the news, the reaction has been much more muted since the opening bell.

    "It's a worry but it's not a 'Lehman moment,' as some people thought it might be," he says. "It's 'contained bloodshed,' I would call it.  It's not a 'Katie bar the door' kind of wild selloff, but it's early in the day and early in this process."

    Task points out one reason why U.S. investors might not be too panicky over the Greek situation is the possibility it might lead the Federal Reserve to hold off on raising borrowing costs.

    "The Fed is watching these developments very closely," he notes. "And so strength in the dollar and possible 'Grexit' and the possible ramifications of that--  one more reason why the Fed may delay any rate hike."

  • Tesla's charging troubles, Bill Gross gets a partner and Twitter's CEO shuffle

    Yahoo Finance at Yahoo Finance 5 days ago

    Yesterday's weak market bounce has given way to an all-out rally today with all three indices (^DJI, ^GSPC, ^IXIC) solidly in the green.

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    Get the Latest Market Data and News with the Yahoo Finance App

    Bill Gross was once the undisputed Bond King of Wall Street. Since moving from PIMCO to Janus (JNS) last September however, the fund he has led has disappointed with respect to both inflows and performance. Now the Denver-based Janus is buying a majority interest in Kapstream Capital and with it they are giving Gross a new partner - Kumar Palghat - a Kapstream founder and former PIMCO employee

     

  • Greece's white flag; Insurance mega merger; New Balance's new groove

    Yahoo Finance at Yahoo Finance 5 days ago

    Investors on both sides of the Atlantic are applauding the possibility of a deal between Greece and its creditors this morning. 

    Stocks (^GSPC) (^IXIC) (^DJI) are rallying on news Greek Prime Minister Alexis Tsipras  may accept most of the bailout terms by creditors after the country missed a debt payment to the IMF yesterday. 

    Economic data back in focus in he U.S.  Businesses added a better-than-expected 237,000 jobs in June according to payroll processor ADP. This comes ahead of tomorrow's closely watched jobs report. 

    Here's a look at some of the stocks the Yahoo Finance team will be watching for you

    Mega merger

     

  • Apple Music arrives, Obama's new overtime rules, Greek debt crowdsourcing

    Yahoo Finance at Yahoo Finance 6 days ago

    The major stock indices (^DJI, ^GSPC, ^IXIC) are bouncing after yesterday's big slide, but not by very much. Investors are still watching from across the Atlantic as Greece tries to find a way to stay afloat ahead of Sunday's referendum.

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    Apple Music launches The big news for techies and music fans alike today is the release of Apple Music (AAPL). The service allows users to stream millions of songs, create playlists and includes an internet radio station called Beats 1. Much of the functionality is similar to streaming leader Spotify.

    Get the Latest Market Data and News with the Yahoo Finance App

  • Stocks aim for a comeback; Next Greek Act; McDonald's upscale twist

    Yahoo Finance at Yahoo Finance 6 days ago

    What a difference a day makes. Wall Street is aiming to close out the second quarter on a high note after stocks (^GSPC) (^DJI) (^IXIC) posted their biggest drop this year yesterday.    

    Yahoo Finance Senior Columnist Michael Santoli says there was a little bit of chatter that perhaps Greece and its creditors will resume debt talks, and investors are starting to realize Athens' crisis is contained. 

    “I think once we registered the initial shock that they had called this referendum, and interrupted the negotiating process, after that it was kind of wait and see," he explains. "Honestly, I think the big rebound in the Chinese stock market overnight (000001.SS) also has people thinking, 'OK-- this isn’t some kind of unhinged chain reaction that is going to spill around the globe.'”

    Greece has until midnight tonight to meet  a $1.7 billion IMF payment and its bailout progam also expires today. 

  • Greece in crisis, Google's railroad warning and Amazon in China

    Yahoo Finance at Yahoo Finance 7 days ago

    U.S. stocks (^DJI, ^GSPC, ^IXIC) join the rest of the world, sliding lower as fear mounts over the Greek debt crisis. But Greece isn't the only locale facing financing troubles. Closer to home, Puerto Rico has plenty of debt troubles of its own. The U.S. territory's governor, Alejandro García Padilla, says the island is in a "death spiral" and their debt is "not payable." Here are some of the other stories yahoo Finance is keeping an eye on today.

    Amazon small business loans Amazon (AMZN) is expanding its small business lending program to eight countries including China. The program, called Amazon Lending, will offer short-term loans to sellers who participate in Amazon's marketplace. Amazon's Chinese competitor Alibaba (BABA) has a similar program in China and here in the U.S. Can either succeed in the other's home country?

  • Greece teeters on default; SpaceX explosion; Airbnb's whopping valuation

    Yahoo Finance at Yahoo Finance 7 days ago

    Wall Street kicking off the holiday-shortened week with a selloff. 

    Stocks are tumbling across the board with all three major indexes down sharply (^GSPC) (^DJI) (^IXIC)  in early trading as the risk of the Greek default grows  after Greece failed to strike a deal with its creditors over the weekend.  Athens has closed banks and the stock market, and imposed capital controls.

    The  Greek ETF  --  Global X FTSE Greece 20 ETF   ( GREK ) which tracks the performance of the 20 largest securities listed on the Athens Stock Exchange ( SAGD.AT ) is taking a big hit this morning. 

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some stocks the Yahoo Finance team will be tracking for you today.  

    Airbnb's BIG valuation 

    AIIB launches 

  • Gay marriage ruling, Tesla vs. Chevy and Boeing CEO's big retirement plan

    Yahoo Finance at Yahoo Finance 10 days ago

    The major stock indices are mixed, with the Dow (^DJI) and S&P (^GSPC) trading in the green, and the Nasdaq (^IXIC) slightly down, as investors continue to keep an eye on developments out of Greece. Much of the gains in the Dow are due to a surge in Nike's (NKE) stock, which rose 4.7% after the company reported a better-than-expected profit.

    Get the Latest Market Data and News with the Yahoo Finance App

    Here are some of the other stories Yahoo Finance is keeping an eye on today.

    Supreme Court declares same-sex marriage legal across U.S.

    Are CEO pensions too big?

    Nestle CEO: U.S. consumers feel threatened by big firms

    Chevy takes shot at Tesla with new all-electric Bolt

    More from Yahoo Finance:

    Money is keeping you awake

     

  • Greece, China in focus; Nike profit beats; Lululemon faces new woes

    Yahoo Finance at Yahoo Finance 10 days ago

    Wall Street (^GSPC) in a cautious mood today after stocks in China (000001.SS) sank and a key deadline approaches in the Greek debt crisis.

    In an exclusive interviewwith Yahoo Editor-in-Chief Andy Serwer, Treasury Secretary Jack Lew said while the U.S. may not be directly impacted by the situation with Greece, he's still keeping an eye on what's happening across the pond:

    It’s fundamentally a European challenge, but the European economy and the global economy don't need a shock right now.

    Get the Latest Market Data and News with the Yahoo Finance App

    Nike kicks it in high gear

    Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

    Related: Nike sprints to new high; Micron hits new low; Lululemon hit with a recall