- Yahoo Finance Video
Finding resilience in the market: Stocks in Translation
Inflation is on the top of everyone's minds as expenses continue to pile up and cause volatility throughout the market. Oil (BZ=F, CL=F) remains in flux as geopolitical tensions endure while the flow of goods through that region are also in trouble. While issues persist, parts of the market continue to thrive on the heels of a big week of earnings and economic data. Yahoo Finance Markets Reporter Jared Blikre is joined by NewEdge Wealth Senior Portfolio Manager Ben Emons for the latest episode of Stocks in Translation to discuss where to find resilience in the market, give incredible insight into potential moves from the Federal Reserve, the energy sector, and more. For more expert insight and the latest market action, click here This post was written by Nicholas Jacobino
- WWD
Kering Forecasts 40-45% Drop in H1 Operating Profit as Gucci Sales Tumble
The French luxury group said overall revenues fell 11 percent in the first quarter.
- Associated Press
Spain approves plan to compensate victims of Catholic Church sex abuse. Church will be asked to pay
Spain on Tuesday approved a plan aimed at making reparation and economic compensation for victims of sex abuses committed by people connected to the Catholic Church. It also announced the future celebration of a public act of recognition for those affected and their families. The Minister of the Presidency and Justice, Félix Bolaños, said the plan was based on recommendations in a report by Spain's Ombudsman last year. From that report he said it was concluded that some 440,000 adults may have suffered sex abuse in Spain by people linked to the church and that roughly half of those cases were committed by clergy.
