Latest News View More Osamu Suzuki, who led Japanese automaker into India, dies at 94 Osamu Suzuki, an ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. The inexpensive, boxy, 660-cc cars specific to Japan benefited from generous tax breaks, but demanded a stringent reining-in of costs that proved to be a key part of the automaker's DNA. Even so, Suzuki's thriftiness was legendary: he would order factory ceilings lowered to save on air-conditioning and fly economy class on airplanes even at an advanced age. Reuters • 17 minutes ago European Shares Steady While US Futures Decline: Markets Wrap China Launches Probe Into Beef Imports as Local Farmers Struggle Indian Rupee Posts Steepest Single-Day Loss Since February 2023 Thai Government Suffers Setback in Bid to Sway Central Bank Nissan Megadeal Sets Up Next Fight for Bankers in Japan M&A Boom Bitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down Stock Market News View More Stock market today: Indexes close mixed as traders hold out hope for a Santa Claus rally The Dow closed slightly higher on Thursday while the Nasdaq and S&P 500 closed lower in the second day of a so-called Santa Claus rally period. Business Insider • 3 hours ago Stock market today: Asian shares are mixed as China reports lower industrial profits Toyota stock surges 9% after report says the carmaker aims to double profitability ‘Squid Game’ Stocks Tank in Korea on Netflix New Season Letdown Asian stocks meander, yen at 5-month low in thin year-end trading 'What a difference a year makes': Stocks in this sector are set to surge in 2025 after a disappointing year, Citi says Analyst resets Netflix stock price target ahead of 2025 Earnings View More BOJ produces estimates on how future rate hikes affect earnings The Bank of Japan released for the first time estimates on how future interest rate hikes could affect its earnings, which showed it will briefly suffer red ink of up to $13 billion if short-term borrowing costs were to go up to 2%. The estimates, disclosed on Thursday in a research paper, underscore the BOJ's resolve to keep pushing up short-term interest rates - now at 0.25% - to levels deemed neutral to the economy in coming years. The BOJ conducted estimates based on several scenarios, including one in which short-term rates move up to around 1-2% in the course of several years, while the spread between short- and long-term rates move between 0.25% point and 0.75% point. Reuters • 5 hours ago Atkore (ATKR): Buy, Sell, or Hold Post Q3 Earnings? Tyson Foods (TSN): Buy, Sell, or Hold Post Q3 Earnings? Q3 Earnings Roundup: Hudson Technologies (NASDAQ:HDSN) And The Rest Of The Specialty Equipment Distributors Segment Reflecting On Traditional Fast Food Stocks’ Q3 Earnings: Papa John's (NASDAQ:PZZA) Sonos (SONO): Buy, Sell, or Hold Post Q3 Earnings? Oxford Industries (OXM): Buy, Sell, or Hold Post Q3 Earnings? ETF inflows hit record high in 2024: What to expect from 2025 ETF inflows reached a record high in 2024 with $1 trillion inflows. CFRA head of ETF data and analytics Aniket Ullal joins Wealth host Brad Smith to discuss ETFs' groundbreaking year and look ahead at what's next for ETFs in 2025. Ullal attributes the record-high ETF inflows to "a few things," including "the growth in active ETFs" with support from non-indexed ETFs, traditional indexed ETFs, as well as the launch of crypto ETFs like spot bitcoin (BTC-USD). Looking ahead to 2025, Ullal says, "We think $1 trillion is a hard act to follow ... this year was the perfect storm in terms of having very strong equity market performance." He adds, "Our projection for next year is that we expect ETF flows to be somewhere between about $500 billion to $1 trillion. That's a wide range, but probably not matching what we saw this year. That's not a bad number." He highlights ETFs exposed to the financial sector are likely to benefit from regulation under Trump, naming the Invesco KBW Bank ETF (KBWB), S&P Regional Banking ETF (KRE), and ARK Fintech Innovation ETF (ARKF) as bullish picks. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. 02:05 Why Netflix's NFL broadcast success is a big deal for the stock 03:40 Trump's tariff policy will benefit industrials long-term: Analyst 02:15 Three reasons why Trump won't treat India like China 02:16 Why consumer staple stocks like Walmart & Costco crushed it in 2024 From the Yahoo Finance Newsroom View More You don’t have to buy a home to become independently wealthy Stock market today: Dow ekes out gains, bitcoin slumps as 'Santa Claus' rally takes a pause Mortgage rates rise again, finishing the year at 6.85% — just about the way they started Apple stock touches intraday high after nod of confidence from Wall Street From Microsoft to Nvidia, the AI agents are coming in 2025 Crypto got everything it wanted in 2024 Disney's CEO search is a top priority for Bob Iger in 2025. Here's who's in the running. Trump made major economic promises in 2024. Global players get their say in 2025. Premium News View More Where Is Venture Capital Going in 2025? Netflix’s Christmas Day NFL Games Reach 24 Million U.S. Viewers Equities Close Mixed After Christmas Holiday FDA Proposes Standardized Testing to Detect Asbestos in Talc-Containing Cosmetic Products Equities Flat Intraday in Post-Christmas Trading Tariffs Could Undermine Potential 'Santa Rally' in Early 2025, Saxo Bank Says Retail Sales Rise More Than Expected During Holiday Season, Mastercard Report Shows Weekly Jobless Claims Post Surprise Decline Housing View More Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising US accuses Rocket Homes of illegal kickbacks in mortgage scheme The Container Store, buffeted by rough housing market and competition, seeks bankruptcy protection The comeback of REITs: Top ways to play commercial real estate Holiday superfans: What it’s like to be the baddest Christmas decorators on the block Why a housing market 'thaw' never came in 2024 Office Rebound Expected in 2025 While Other Real Estate Stocks to See Trouble US mortgage rates rise after three straight weekly declines Personal Finance How do I stop automatic payments from my bank account? Yahoo Personal Finance • 9 hours ago What is a mortgage note, and why do you need one? Best money market account rates today, December 26, 2024 (earn up to 5.00% APY) Tech Ride-hailing Unicorn InDrive Invests in Pakistan’s Grocery Startup Krave Mart Bloomberg • 4 hours ago Japan’s Nidec Makes $1.6 Billion Unsolicited Bid for Makino Oil prices set for weekly gain on China expectations Crypto The IRS And Crypto Staking Rewards: What You Need To Know! TheStreet • 8 hours ago Why Altcoins Were Tumbling on Thursday If You Gifted Your Family $100 In Bitcoin, Dogecoin And Ethereum Last Christmas, Here's How Much They Would've Had This Christmas More News Microsoft Invested Nearly $14 Billion In OpenAI But Now Its Reducing Its Dependence On The ChatGPT-Parent: Report Microsoft Corporation (NASDAQ:MSFT) is reportedly planning to reduce its dependence on ChatGPT-maker OpenAI. What Happened: Microsoft has been working on integrating internal and third-party artificial intelligence models into its AI product, Microsoft 365 Copilot, reported Reuters, citing sources familiar with the effort. This move is a strategic step to diversify from the current underlying technology of OpenAI and reduce costs. The Satya Nadella-led company is also decreasing 365 Copilot’s de Nvidia dominated 2024 big-time. Next year? Plenty of challenges. Nvidia dominated 2024, and 2025 is looking just as good. But there's turbulence on the horizon. Hunting For Magnificent Growth Next Year? Check Out These 7 Stocks. None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth. When the Hassle of Moving Cash Is and Isn’t Worth It With the Fed cutting rates, some savers say they are done moving money from bank to bank in pursuit of the best return on cash. Oil Edges Higher Amid Geopolitical Tensions OIL MARKETS 0208 GMT — Oil prices edge higher in early Asian trading amid heightened geopolitical tensions. The geopolitical premium will likely persist due to escalating tensions between Russia and Ukraine and the conflicts in the Middle East, Galaxy Futures says in a research note. Monthly Sector Review We retain a recommended Over-Weight on the Utilities sector. Stocks in this sector have been positive throughout 2024 in anticipation of lower interest rates, and the group really took off in the third quarter as that possibility became a likelihood. In addition to the sector’s attraction as a source of income now that bond yields are coming down, we expect Utilities to benefit from providing the power needs of the fast-growing AI data center market. Apple, the world's most-valuable company, could soon be valued at more than $4 trillion. Apple, the world's most-valuable company, could soon be valued at more than $4 trillion. Best CD rates today, December 25, 2024 (up to 4.27% APY) Looking for the best CD rates available today? Here’s a look at where to find the highest rates and whether now is a good time to invest in a CD. Mortgage and refinance rates today, December 25, 2024: Interest rates jump week over week These are today's mortgage and refinance rates. Rates have increased since last week. Lock in your rate today. Daily Spotlight: Bond Spreads Narrow Treasury bond yields have been rising in recent weeks as concerns over inflation have returned since the election. Meanwhile, corporate bond yields have headed higher as well, but not as rapidly as Treasury yields (as fixed-income investors are less concerned about a slowing economy and potential recession). As a consequence, spreads between corporate and Treasury bond yields have narrowed. The spread between AAA-rated corporate bonds and 10-year government bonds in November was 78 basis points (bps), below the 35-year average of 122 bps and down about 30 bps from August. The gap between the government 10-year bond yield and a BAA-rated bond (still investment grade) in November was 142 basis points, below the historical average spread of 229 bps and down about 40 bps in the past three months. We watch these spreads closely for a couple of reasons. First, from an asset-allocation standpoint, tight corporate bond spreads signal that corporate bond prices are above historical fair value, and we may look to under-weight the segment in our model portfolios. As well, from a broad market standpoint, the changes in the spreads offer clues to the bond market's view of corporate financial strength -- which appears to be improving given the narrowing spreads.
