Singapore CPI inflation hits over 2-year low in January
-- Singapore consumer price index inflation grew at its slowest pace in more than two years in January, aided by decreasing fuel and housing costs, while tight...
-- Singapore consumer price index inflation grew at its slowest pace in more than two years in January, aided by decreasing fuel and housing costs, while tight...
In the trading world, where investors continually search for strategies that balance risk with reward, the covered call stands out as a sophisticated yet accessible strategy. Pioneered by those looking ...
-- Japanese manufacturing activity shrank more than expected in February, preliminary data showed on Thursday, while service sector activity grew at a slower pace as...
Mortgage rates are once again rising, causing grief for many would-be homeowners. Meredith Whitney — dubbed the "Oracle of Wall Street" for predicting 2008's Great Financial Crisis — previously sat down with Yahoo Finance to explain what she called the "Silver Tsunami": how baby boomers aging closer to retirement age will seek to downsize their current living situation, ultimately freeing up a large volume of housing inventory. Meredith Whitney Advisory Group CEO Meredith Whitney joins Yahoo Finance again to give further insight into how the housing market is in a transitional phase and which regions will see the brunt of that transition. Whitney gives historical context and outlines the economics behind why people are moving, and to where:"Over the last 60 years, it's been a coastal Sun Belt revolution and I think what I believe, or I saw, over ten years ago was that people are going to start moving based on state dynamics in terms of better cost of living. No income tax dates. And you've seen that. So Texas, Tennessee, the Carolinas, Nevada, Utah — those have all been the strong states and the weaker states have seen out-migration. That's California, New York, Pennsylvania, New Jersey, Illinois. And so what you see, out-migration jobs have already gone so companies have relocated. Texas is the state with the most Fortune 500 companies. That wasn't the case ten years ago." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
-- Japanese exports grew much more than expected in January, boosted by improved overseas demand for automobiles and electronics, although sluggish domestic demand saw...
Oil is making a comeback. And if that continues, we could all be in a lot of trouble… unless we own energy stocks. Why? Because the real concern now is that inflation isn’t dead yet. I’ve written about the link between oil prices and inflation expectations before. Broadly speaking, because oil goes into literally every aspect of the economy, it is the closest barometer we have for real-time insights on cost-push inflation rising or falling. I argued late last year that oil is what broke inflatio
Stocks, so far, are higher for the month of February. But it has been a wild ride, with earnings reports and inflation data causing a lot of volatility. Yahoo Finance's Jared Blikre take a closer look at some of the areas if the market that have been performing well despite the whipsaw market action. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.
According to CoinDesk, Virginia's Subcommittee on General Government has allocated $17,192 a year to the Blockchain and Cryptocurrency Commission. The funds will help run the committee and cover travel expenses. The commission was recently legislated to make recommendations related to blockchain technology and cryptocurrencies. The proposed funds will be allocated in 2025 and 2026, slightly less than the $22,048 a year set aside for the Artificial Intelligence Commission over the same period. Meanwhile, the Virginia Autism Advisory Council will receive $12,090 yearly for the two years. Virginia recently established the Blockchain and Cryptocurrency Commission in the legislative branch of the state department, as per a 2024 session report. The commission will consist of 15 members who will study and make recommendations for blockchain technology and digital assets. The yearly expenditure of $17,192 is estimated to cover the costs associated with meetings, including travel expenses.
Money market funds, known for their low risk, low transaction costs, and returns that are typically better than regular savings accounts, along with the flexibility of buying and selling at any time without the long-term commitment required for fixed deposits, are a popular tool for parking idle funds.However, are money market funds guaranteed to preserve capital? Under what circumstances might they incur losses? In theory, money market funds are capital-preserving, but there are always exceptions in the financial market.
Electricity is the only component within the energy index that is still seeing a year-over-year increase in inflation.