Ally Financial (NYSE: ALLY) is somewhat of an under-the-radar bank stock, but it recently made news when Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) took a 9.3% stake in the fintech company. In this video, Matt Frankel, CFP, discusses the reasons Warren Buffett and his team may have liked the stock, and why it is on the top of his watch list now.
Comprehensive Analysis of Phillips 66's First Quarter Financial Performance
Burnt cookies are one thing, but your arms? No more!
The French-Canadian singer married the late René Angélil while wearing an elaborate, crystal-studded Swarovski tiara.
No more 'roast dinner and a walk' bios.
It’s flattering, comfortable and at £27.50, an absolute bargain.
"Pixar Pals Playtime Party" is a new show coming to Southern California's Disneyland for Pixar Fest. We caught a sneak peek.
When you pull the Strength tarot card in a tarot reading, here's what it could mean, including the upright and reversed interpretation plus some keywords.
The policing minister appeared to ask an audience member if Rwanda and Congo were different countries.
Protests have erupted across more than two dozen campuses, including New York, Texas and California.
The disaster at Chernobyl, located about 65 miles from Kiev in the former Soviet Union, is the worst nuclear power plant accident to date.
Stock up on cleaning must-haves and save a few bucks!
The San Diego County District Attorney's Office announced dozens of indictments over what is being called an "open air drug market" in the East Village.
Carnival's new cruise ship, Firenze, brings a touch of Italy to Southern California.
Get the latest information on the current tornado watch with our updates
Mary Law, who has died aged 91, had two stints playing the anxious guest-house proprietress Mollie Ralston in Agatha Christie’s long-running West End show The Mousetrap; she was also a stalwart of 1950s television, becoming the first British TV actress to go into space – as the science student Janet Campbell in the children’s series The Lost Planet (1954) – and making a fleeting appearance in the hospital soap opera Emergency Ward 10.
March's Personal Consumption Expenditures (PCE) data arrived hotter than expected and GDP figures point to an economic slowdown. In this environment, economists and investors alike are revisiting the Federal Reserve's rate cut outlook. Stifel Financial Chief Economist Lindsey Piegza joins Yahoo Finance to discuss the prospects for Fed cuts. Piegza notes that although March's PCE did not show "a material increase" in inflation, the Fed had been "expecting a sizable reversal" supporting the disinflationary trend. She suggests that this report could force another adjustment to the Fed's outlook and further delay any near-term rate cuts, with the possibility of rate hikes even coming back into consideration. Regarding consumer behavior, Piegza acknowledges that the consumer remains "very resilient." However, she observes that consumers are becoming more cost-conscious, carefully weighing their spending decisions and seeking value, leading to a slowdown in "broad-based growth." "Without more of a meaningful decline or improvement in inflation, after that minimal concession, I think the Fed's hands are tied, and we'd likely see the Fed move back to the sidelines for a second, extended pause," Piegza tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
Daimler Truck must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the United Auto Workers (UAW) union members. The workers are seeking higher pay, institution of cost-of-living adjustments and greater job security from the heavy-truck maker, UAW President Shawn Fain said during an online speech earlier this week. "Workers' wages at Daimler have not kept up," he said on Tuesday.
OTTAWA — Aamjiwnaang First Nation is declaring a state of emergency over a benzene leak linked to a neighbouring petrochemical facility. The community near Sarnia, Ont., which is surrounded by industrial facilities, raised the alarm last week as citizens fell ill and closed its offices to limit exposure to the cancer-causing substance. Leaders from the First Nation and international environment advocates also wrote to the federal environment minister on Thursday asking him to take immediate step
He bought the house with his ex-wife for £6.1 million in 2008
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