August home sales have reportedly seen a month-over-month decline of 7.1% from July. Yahoo Finance Reporter Dani Romero breaks down the current housing market, shedding light on why it is currently a seller's market amid elevated mortgage rates. She also notes why the first week of October could be the best time to buy a home all year, according to Realtor.com.
‘Quit saving your money’: Prolific investor Grant Cardone says there's only 1 thing that will bring you true wealth — and it's not your job or being cheap. Here's what it is and how to do itTORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
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Investors 'should not care' about govt. shutdown in Q4: ExpertA government shutdown was averted late Saturday evening as Congress approved a short-term 45-day federal funding bill. The bill is designed to keep the government open until November 17, providing lawmakers a window to fully develop a proper federal spending budget. Isaac Boltansky, Director of Policy Research at BTG, shares with Yahoo Finance that while a government shutdown was averted, it is still expected in the fourth quarter. He characterizes this bill as the federal government 'punting' tough decisions to a later date, with no real resolution on spending policies, such as providing aid to Ukraine. Boltansky ultimately believes investors should not be concerned. 'The one thing that scared me the most is that we wouldn't collect and report official government data, through the shutdown,' Boltansky tells Yahoo Finance, adding: 'At least we've got 6 more weeks of that.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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UBS initiatives coverage on Sunnova as oil prices remain elevatedUBS analysts initiate coverage for the Texas-based solar panel company Sunnova (NOVA). Yahoo Finance’s Jared Blikre takes a closer look at rising oil prices and the overall outlook for energy sector stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Oil prices on the rise, Bitcoin passes $28K: What to watchOil prices continue to rise as global demand increases while production from OPEC+ decreases, with many bets placed that oil will reach $100 per barrel. In addition, bitcoin (BTC-USD) reached just over $28k, with some experts wondering if it's headed towards a rally. Yahoo Finance Markets Reporter Ines Ferre joins the Live show to break down China's oil demands and Congress' letter to the SEC to approve a spot bitcoin ETF. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Chinese EV makers shine in Sept. deliveries, while Tesla lags in Q3Chinese EV makers Nio Inc. (NIO), Li Auto (LI), XPeng Motors (XPEV) reportedly delivered 66,831 vehicles in the month of September, while Tesla (TSLA) shares tick down in early market trading after missing on third-quarter delivery estimates. Yahoo Finance Live compares the electric vehicle manufacturers' performances, breaking down potential regional trends. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Earnings, September jobs report: What to watch this weekThe first week of October is off to a busy start. Yahoo Finance’s Josh Schafer takes a dive into what investors should look out for, including earnings from Levi Strauss & Co. (LEVI) and cannabis company Tilray Brands (TLRY), as well as the September jobs report expected out on Friday. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Billionaire Bill Ackman would consider deal with X: ReportBillionaire investor Bill Ackman received approval for his SPARC, or special purpose acquisition rights company, and is looking to put it to use. When asked, Ackman said he would consider a deal with Elon Musk’s X, formerly Twitter, according to the Wall Street Journal. Yahoo Finance Tech Editor Dan Howley discusses Ackman's comments and investor appetite for X. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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