From the Yahoo Finance Newsroom Here's how Bitcoin could hit $225,000: Analyst Analyst Mark Palmer shares a few tidbits about why bitcoin is still a bullish play. Yahoo Finance • 27 minutes ago HOOD COIN Stock market today: Dow, S&P 500 hold near record highs to kick off final month of banner 2024 Investors are looking ahead to a week of labor data that could influence the scope of interest-rate cuts. Trump’s pick to run FCC is an ominous sign for Big Tech The country’s tech titans might need to start fortifying defenses against the agenda of incoming Federal Communications Commission chair Brendan Carr. Stock market's record run sets stage for December gains, pros say The market’s record year may have more room to run, with sentiment buoyed by recent outperformance and historical trends. The crypto investors who could land inside Trump's White House Donald Trump is pledging to be a pro-crypto president, and the new administration’s affinity for digital assets likely won’t stop with the commander in chief. Tesla's Elon Musk may not be the only one cashing in on humanoid robots The race to cash in on humanoid robots is well underway. Crucial jobs report kicks off December trading: What to know this week Key updates on the health of the US labor market are set to greet investors in the first week of December trading. Blockchain will be a game changer for independent artists, Web3 Media president says Creating can become more financially lucrative with blockchain and Web 3.0 technology, said Chris Lyons, president of Web3 Media at a16z crypto. Walmart, Abercrombie and Fitch among top retail stock picks this holiday season It's a mixed bag for retailers this holiday season as Walmart continues to come out on top. Tension over return to office mandates portends coming battle in 2025 CEOs want their workers to return to the office, but flexible work arrangements are still crucial for the majority of workers. Trump's Treasury pick, tariffs, and retail therapy: 3 themes that drove markets this week ICYMI: Here's what happened in markets during this holiday-shortened trading week. Stock market today: Dow, S&P 500 close at record highs to cap winning month for US stocks Stocks finished off a winning month of November at record highs to cap a holiday-shortened trading session. Why veterans shouldn't overlook public service careers For veterans transitioning back to civilian life after their military service, the public sector can offer a fresh purpose and career path. Microsoft FTC probe 'not a complete shocker,' analyst says Microsoft stock was lagging behind its tech peers on Friday as investors reacted to news the company is facing a broad inquiry from the FTC. Turnarounds uncertain at Macy's, Kohl's, Nordstrom as department stores enter the holiday season Is the 6 a.m. Black Friday thrill still there. and what does it mean for department stores? Black Friday? Try Black November, says retail veteran Mickey Drexler Retail legend Mickey Drexler on what makes the holiday consumer of 2024 tick. Wall Street sees 'slower' pace of Fed rate cuts in 2025 Markets project just two Fed rate cuts next year as inflation remains sticky. Disney is all in on cruise ships. Here's why investors should care. Disney is doubling down on its cruise ship business. Analysts say the expansion should help boost both top and bottom-line growth. Elon Musk calls for 'deleting' the Consumer Financial Protection Bureau President-elect Trump's adviser on government efficiency, Elon Musk, called for eliminating the Consumer Financial Protection Bureau. Black Friday tech tips for shopping for video games, headphones, TVs, and more How to score the best deals on tech this Black Friday, whether shopping in stores or online. How Trump's tariffs might warp two crucial readings on the health of the US economy In carrying out campaign promises on trade and the border, Trump risks worsening the inflation dilemma that catapulted him to power. Musk is promising massive cuts in red tape. But Trump's agenda could add regulations elsewhere. Elon Musk and Vivek Ramaswamy are promising to go to war with government red tape. But they will face formidable foes — and perhaps not just from the "unelected bureaucrats" they often pillory. Mortgage rates edge lower after Trump picks Bessent to lead Treasury Mortgage rates were little changed this week as financial markets reacted to President-elect Donald Trump’s slate of Cabinet picks. The US labor market has become 'low-hire, low-fire' Fewer Americans are filing for unemployment benefits. But that doesn't mean companies are hiring. Key Fed inflation gauge shows PCE 'going sideways' October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate decision. Stock market today: S&P 500, Nasdaq slide after key Fed inflation gauge shows faltering progress Investors are looking to a reading on the Fed's preferred inflation gauge to provide clues to rate cuts. Dell stock sinks after company warns AI spending 'will not be linear' Dell Technologies stock sank Wednesday as the company took a cautionary approach to its fourth quarter guidance, warning that AI growth "will not be linear." Home contract activity jumps for third straight month as consumers shrug off higher rates Home contract signings rose in October for the third consecutive month as homebuyers took advantage of growing inventory levels and shook off higher mortgage rates. Airline stocks soar as demand for premium travel booms Airline industry watchers see a strong end-of-the-year finish for the stocks of big US carriers 2 bullish charts showing how Block is breaking out post-election Technical patterns don't only measure prices, they measure belief. New FAFSA launches early to cautiously positive reception The new FAFSA launched to largely positive reviews, though some families reported encountering minor glitches. Talking bitcoin at Thanksgiving is different this time The annual tradition of talking crypto at the Thanksgiving table has a new wrinkle for 2024. HP earnings in line with expectations, CEO says tariffs would hit the consumer HP CEO Enrique Lores weighs in on potential tariffs from the Trump administration. Stock market today: S&P 500, Dow notch fresh records as Wall Street shrugs off Trump's tariff threat Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico. Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving capital condition. Best Buy CEO on potential Trump tariffs: Consumers will bear the brunt The potential of increased tariffs just got more real. Experts: How Trump's healthcare picks could impact global health President-elect Donald Trump's nominees for the country's top health agencies and his previous track record in office have sparked concerns globally about a potential rise in "anti-science" views and the defunding of global public health efforts. Why Trump gets away with tariffs Most Americans aren't sure what tariffs are, and they're conflicted about whether they matter or not. Abercrombie & Fitch CEO on tariffs: We'll manage through it Abercrombie & Fitch CEO Fran Horowitz strikes a bullish tone on the holidays, warns on tariff impact. Trump's new tariff threats show he 'doesn't see allies, only adversaries' A threat of new tariffs from President-elect Donald Trump has Wall Street telling clients this may only be the beginning of a new era for US trade policy. Medicare expert explains costly enrollment mistakes to avoid Medicare expert Melinda Caughill reveals some of the hidden truths about Medicare enrollment, insurance agents, and coverage gaps. New home sales slump to lowest level in almost two years High mortgage rates and impacts from Hurricanes Helene and Milton put a damper on buyer demand. Thanksgiving dinner offers a glimpse into how we're doing on inflation The price of Thanksgiving dinner is down considerably the past two years but still higher than pre-pandemic — a window into the overall path of inflation. DEI rollback reaches Walmart as backlash mounts Walmart is scaling back some of its diversity initiatives, becoming one of the most prominent companies yet to make such an about-face as activist pressure builds. Consumer confidence rises to highest level since July 2023 Consumers said they are feeling better about the US economy as fears of a slowdown in the labor market continue to fade. Donald Trump lays down his first marker on tariffs. What happens next could be unpredictable. It took Donald Trump three weeks to provide his first concrete signal that he is serious about imposing new tariffs, setting up a flurry of diplomatic and legal maneuverings in the weeks and months to come. Best Buy broadly misses earnings estimates as consumers pull back on appliances, electronics For the 12th consecutive quarter, Best Buy posted negative same-store sales growth. Net sales and earnings per share also missed estimates. Trump aims for Obama-like federal deficits Trump's pick for Treasury secretary wants to cut federal deficits to the levels of Barack Obama's presidency. Those days are long gone. Amgen shows 20% weight loss in once-monthly injectable MariTide Amgen's latest once-monthly weight loss drug data looks "OK," analysts say, as its path to approval still remains murky. Wall Street still doesn't know what to make of Donald Trump: Morning Brief Wall Street's debate over what parts of Donald Trump's proposed policies will actually be enacted in 2025 have led to a choppy few weeks of trading action.
