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Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.

Hertz loses another $200 million from its EVs

Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Yahoo Finance 7 minutes ago
HTZ
-20.46%
HTZWW
-16.25%
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Earnings latestInflationFed's path forwardStock market newsPremium newsPersonal finance

Stock Market News

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(Bloomberg) -- Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to

Wall Street Gets GDP Wake-Up Call as Stocks Slide: Markets Wrap

(Bloomberg) -- Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to
Bloomberg 21 minutes ago
META
-11.18%
^GSPC
-0.73%
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From the Yahoo Finance Newsroom

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Losses at Peacock narrowed to $639 million compared to a loss of $704 million in the prior-year period

Peacock losses narrow as Comcast hints at future price hikes

Losses at Peacock narrowed to $639 million compared to a loss of $704 million in the prior-year period
Yahoo Finance 1 hour ago
CMCSA
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Chipotle Q1 earnings: Three biggest takeaways for consumers

Chipotle Mexican Grill (CMG) delivered a robust first-quarter earnings report, beating analyst expectations on both the top and bottom lines. Yahoo Finance Reporter Brooke DiPalma joins Wealth! to discuss the top three key takeaways that consumers should be aware of following the company's results. Yahoo Finance also spoke to Chipotle CFO Jack Hartung earlier this morning on the restaurant's earnings figures. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
17m ago
CMG
+6.66%
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Economic News

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Federal suit alleges AI system injured Union Pacific employee

Federal suit alleges AI system injured Union Pacific employee
FreightWaves 2 hours ago
UNP
Oil Fluctuates as Slower US Growth Counters Stockpile Decline

Oil Fluctuates as Slower US Growth Counters Stockpile Decline
Bloomberg 2 hours ago
Yellen: Subpar U.S. growth may get revised up, inflation will ebb

Yellen: Subpar U.S. growth may get revised up, inflation will ebb
Reuters 3 hours ago
First Citizens Boosts NII Forecast on Fewer Fed Rate Cuts

First Citizens Boosts NII Forecast on Fewer Fed Rate Cuts
Bloomberg 3 hours ago
FCNCA
Weak GDP, strong prices, highlight Fed dilemma

Weak GDP, strong prices, highlight Fed dilemma
Reuters 3 hours ago
US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes

US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes
Bloomberg 3 hours ago
^GSPC
-0.73%
Q1 US GDP shows surprise slowing and uncomfortable inflation

Q1 US GDP shows surprise slowing and uncomfortable inflation
Reuters 4 hours ago
^GSPC
-0.73%
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship

Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
Bloomberg 4 hours ago
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Housing

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Average long-term US mortgage rate climbs for fourth straight week to highest level since November

Average long-term US mortgage rate climbs for fourth straight week to highest level since November
Associated Press Finance 1 hour ago
FMCC
-0.72%
Mortgage Rates in the US Climb for a Fourth Week to Reach 7.17%

Mortgage Rates in the US Climb for a Fourth Week to Reach 7.17%
Bloomberg 1 hour ago
Homebuyers Shun New Real Estate in Vancouver, Hurting Builders

Homebuyers Shun New Real Estate in Vancouver, Hurting Builders
Bloomberg 3 hours ago
European Real Estate Deals Slump to Lowest Level in 13 Years

European Real Estate Deals Slump to Lowest Level in 13 Years
Bloomberg 9 hours ago
DOJ charges one of America’s top LOs in alleged mortgage fraud scheme

DOJ charges one of America’s top LOs in alleged mortgage fraud scheme
HousingWire 19 hours ago
Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges

Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges
Bloomberg 23 hours ago
BX
KREF
Fears of Ravaged Commercial Real Estate Market Have Eased, DoubleLine Says

Fears of Ravaged Commercial Real Estate Market Have Eased, DoubleLine Says
Bloomberg yesterday
US 30-Year Mortgage Rate Rises to Five-Month High of 7.24%

US 30-Year Mortgage Rate Rises to Five-Month High of 7.24%
Bloomberg yesterday
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Earnings

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Meta’s Earnings Flop Sparks $400 Billion Selloff in Tech Stocks

Meta’s Earnings Flop Sparks $400 Billion Selloff in Tech Stocks
Bloomberg 2 hours ago
META
-11.18%
Comcast's (NASDAQ:CMCSA) Q1 Earnings Results: Revenue In Line With Expectations

Comcast's (NASDAQ:CMCSA) Q1 Earnings Results: Revenue In Line With Expectations
StockStory 4 hours ago
CMCSA
Carter's Earnings: What To Look For From CRI

Carter's Earnings: What To Look For From CRI
StockStory 10 hours ago
CRI
What To Expect From Charter's (CHTR) Q1 Earnings

What To Expect From Charter's (CHTR) Q1 Earnings
StockStory 10 hours ago
CHTR
NKE
What To Expect From Colgate-Palmolive's (CL) Q1 Earnings

What To Expect From Colgate-Palmolive's (CL) Q1 Earnings
StockStory 10 hours ago
CL
KMB
New BASF CEO greeted with drop in Q1 earnings

New BASF CEO greeted with drop in Q1 earnings
Reuters 13 hours ago
Nvidia supplier SK Hynix expects full chip recovery after strong earnings on AI boom

Nvidia supplier SK Hynix expects full chip recovery after strong earnings on AI boom
Reuters 18 hours ago
NVDA
^YH311
Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results

Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results
Yahoo Finance 19 hours ago
CMG
+6.66%
MCD
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Personal Finance

The amount you pay in property tax, or real estate tax, is set by your local government. Learn how property taxes factor into your monthly mortgage payments.

Property tax: How to calculate and pay what you owe
Yahoo Personal Finance 13 minutes ago
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Tech

(Bloomberg) -- US regulators reinstated net neutrality rules that aim to ensure everything on the internet is equally accessible, reclaiming authority over broadband service and setting the stage for legal challenges.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push

US Revives Net Neutrality to Establish Authority Over Internet
Bloomberg 1 hour ago
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Crypto

(Bloomberg) -- For 71 days in a row, BlackRock Inc.’s Bitcoin fund enjoyed a remarkable run, amassing almost $18 billion in one of the biggest exchange-traded fund launches ever. Now, investors have stopped piling in as the crypto fever eases.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for P

The 71-Day Inflow Boom Ends for BlackRock’s Bitcoin ETF Giant
Bloomberg 2 hours ago
BLK
-0.78%
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