The Biden administration held a state dinner at the White House on Wednesday, hosting a powerhouse list of guests including JPMorgan Chase (JPM) CEO Jamie Dimon, Amazon Founder Jeff Bezos (AMZN), and Apple CEO Tim Cook (AAPL). The event honored Japanese Prime Minister Fumio Kishida and his wife while showcasing some of the top executives across the country. Senior Columnist Rick Newman joins Yahoo Finance to break down the powerful guest list at the White House State Dinner and what it means for the Biden administration. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Nicholas Jacobino
The Biden administration held a state dinner at the White House on Wednesday, hosting a powerhouse list of guests including JPMorgan Chase (JPM) CEO Jamie Dimon, Amazon Founder Jeff Bezos (AMZN), and Apple CEO Tim Cook (AAPL). The event honored Japanese Prime Minister Fumio Kishida and his wife while showcasing some of the top executives across the country.
Senior Columnist Rick Newman joins Yahoo Finance to break down the powerful guest list at the White House State Dinner and what it means for the Biden administration.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance.
The U.S. and its allies believe Iran or its proxies will imminently retaliate against Israel. The potential assault could involve missile or drone strikes against military and government targets. Bloomberg's Rosalind Mathieson reports.
Strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% this year, the International Monetary Fund's chief said Thursday, below the annual historic average and a warning sign about potential lackluster performances through the 2020s. “Without a course correction, we are indeed heading for ‘the Tepid Twenties’ -– a sluggish and disappointing decade,” said Kristalina Georgieva, the organization's managing director, in announcing the economic projection and longer-term outlook.
There are a handful of new deals this year from the likes of Citigroup Synchrony Financial and JPMorgan Chase that are worth considering. Many preferred securities are higher in price, reducing their yields, despite an increase in the yield on the Treasury 30-year bond of more than half a percentage point to 4.6%. Issuers have redeemed $11 billion of preferred stock, paying cash to holders.
Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) kicked off its annual Google Cloud Next conference on Tuesday, April 9th in Las Vegas. Google used the ongoing conference that gathered over 30,000 visionaries and world’s industry leaders to make an explicit declaration that Google Cloud is placing generative AI at the center of its offerings with the aim to revolutionize business operations. Unsurprisingly, Google showed its ambition for enterprise AI products goes beyond streamlining tasks as Google CEO,
Investors responded to the selloff in U.S. fixed income markets Wednesday by snapping up holdings in the bellwether iShares 20+ Year Treasury Bond exchange-traded fund (ETF), data on Thursday showed. Hotter-than-expected consumer price readings for March sent investors in both U.S. stocks and bonds scurrying to hit the "sell" buttons Wednesday, driving bond yields sharply higher. But ETF investors at the long end of the yield curve seemed undaunted by the fact that net asset values plunged to levels last seen in November.
