- Yahoo Finance Video
Memorial Day: What do shoppers plan on buying this holiday?
As Memorial Day Weekend approaches, questions arise as to where American shoppers will be spending their money and finding the best deals as consumer spending evidently slows. Yahoo Finance Retail Reporter Brooke DiPalma highlights the top categories that consumers will be spending the most in this holiday weekend. 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
- Yahoo Finance Video
This is NOT 'a set it and forget it' environment: Strategist
As US Equities (^GSPC, ^DJI, ^IXIC) are trading at record highs, with the Dow Jones Industrial Average hovering above a record 40,000, new investing strategies may emerge, but how should investors frame this environment in their portfolios? US Bank Asset Management Group Chief Investment Officer Eric Freedman and Mizuho Securities USA US Chief Economist Steven Ricchiuto joins Wealth! to give insight into investors as how to manage their portfolios as markets reach these record high levels. Freedman tells investors to keep the Fed in mind: "The key consideration is where will we actually see interest rates settle out over time. And there's been a little more of a reconciliation between the Fed and the market in 2024. But 2025 and 2026 there's a bit of a disparity there. And one of the reasons why we think there's a disparity is because we think that the market expects commodity inflation to actually hang around and potentially even inflate from here. So one of the things that we're doing in portfolios is actually hedging with physical commodities."Freedman also affirms this market is "Probably never a set it and forget it just because it is... one of those environments where where things are moving around quite a bit." He also lays out three areas where he is focusing right now: energy, technology, and the equal-weighted S&P. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Associated Press
University of California academic workers strike to stand up for pro-Palestinian protesters
Graduate students at the University of California, Santa Cruz walked off their jobs and went on strike Monday, the first campus to do so as part of a systemwide protest against a public university they say has violated the speech rights of pro-Palestinian advocates. United Auto Workers Local 4811 represents 48,000 graduate students who work as teaching assistants, tutors, researchers and other academic workers on the 10-campus UC system.
