US homeowners are now paying an average of $18,118 a year on property taxes, homeowners’ insurance, maintenance, energy and various other expenses linked to owning a home. That’s nearly the cost to buy a used car and represents a 26% increase from four years ago when it cost $14,428 annually to own and maintain a home. https://yhoo.it/3XIt43E
Yahoo Finance
Online Audio and Video Media
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Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Sign up for our daily morning newsletter, the Morning Brief through our profile URL. Sign up for Yahoo Finance's Morning Brief Newsletter. Need-to-know market analysis and finance news delivered right to your inbox: https://bit.ly/3Fq3C7C
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Updates
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The NYSE trading floor has changed a lot since its peak in the 1980s, mainly due to advances in technology. While computers now handle most trades, there are still real people on the floor doing important work for investors around the world. What was it like to work on the floor in the '80s? "Crazy," if you ask TradeMas Inc. senior floor trader Peter Tuchman. "There were thousands and thousands of people," Tuchman told Yahoo Finance Executive Editor Brian Sozzi. "It was open outcry auction market." More: https://lnkd.in/eyNmWb4A #yahoofinance #finance #trading #markets #money #investing
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Pay increases for American workers have continued to fall from highs reached during the post-pandemic reopening. And that's as true for folks keeping the same job as it is for those finding a new gig. According to new data from ADP released this week, annual wage increases for workers who stayed in their same job increased at the slowest rate in nearly three years in June. For job changers, annual wage increases slid for a third straight month. "We are in a different regime than we've been in the past where that job-stayer growth was either flat or even rising," ADP chief economist Nela Richardson said during a call with reporters on Wednesday. "The question before us is just how low is [it] going to get? The idea that job stayer growth would go back to pre-pandemic levels is still being challenged." Read more: https://lnkd.in/edqsppAr #yahoofinance #finance #money #work
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US job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. The US economy and job market have been remarkably resilient in the face of the Federal Reserve's campaign to raise interest rates to rein in inflation. Defying expectations of a recession, the U.S. economy kept growing and employers kept hiring. https://yhoo.it/3VM31pv
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Is America saving enough for retirement? Data from a new study showed the lion’s share of Vanguard plan participants are loading up their account balances, but there are also more taking money out through hardship withdrawals. https://yhoo.it/3VNVYga
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About 24% of stocks have outperformed the S&P 500 over the past two decades, according to TKer. With the tech sector largely reporting better-than-expected results thanks to the generative AI hype, the index has seen a year of record highs. But do earnings paint a full picture of a company? And what does it mean for the overall economy? Below, Sam Ro, CFA breaks down why you need understand what's behind a company's bottom line, and why the metric is crucial. More: https://lnkd.in/e3eWm3Ce #yahoofinance #finance #economics #money #investing
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This Fourth of July, sticker shock will still be present at the register. Those hosting cookouts can expect to spend a little more. A barbecue index showed that a 10-person barbecue this year will cost Americans roughly $99, the most on record, with key fixings such as beer, beef, soda, and lettuce making up nearly two-thirds of the overall cost. https://yhoo.it/45OQ1nQ
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Is NVIDIA the "poster child" of the bull market? Stifel chief equity strategist Barry Bannister joins Yahoo Finance's Morning Brief to give insight into Nvidia's recent performance, its weight on the S&P 500, and what investors need to consider for the broader market moving forward. More: https://lnkd.in/e_EimKWs #yahoofinance #finance #tech #AI #investing #markets
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Tesla stock extended gains on Wednesday, rising more than 6% after jumping 10% on Tuesday as Wall Street weighed in on the electric carmaker's quarterly vehicle delivery results that topped expectations. Tesla stock has now gained more than 70% since its most recent low in late April. https://yhoo.it/3zu46eg
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Paramount stock jumped on Wednesday, gaining about 7% after The Wall Street Journal reported the media giant's proposed merger with Skydance Media is back on the table in a new form. Shari Redstone, who controls Paramount through her family's holding company National Amusements, ended merger talks with Skydance in June after months of back and forth talks. Under the new proposed agreement, according to the Journal, Skydance would purchase National Amusements for $1.75 billion and then merge with Paramount, which owns a slew of media assets, including CBS, BET, SHOWTIME, and MTV, along with its namesake studio business and streaming platform. The two sides have also agreed to a 45-day "go-shop period," which allows other potential bidders to submit offers. "It's just a whole lot of uncertainty," Bloomberg Intelligence senior analyst Geetha Ranganathan said of the new deal in an interview with Yahoo Finance, adding the terms are "not very clear at this point." More: https://lnkd.in/exGAphde #yahoofinance #finance #entertainment #money #stocks #investing #markets