Stock futures extend declines after Amazon, Apple earnings

Stock futures kicked off the overnight session Thursday evening, pointing to a lower open for the first session of May. Earnings results from some of the most heavily weighted companies in the major U.S. stock indices came in mixed after market close Thursday. Amazon (AMZN) posted first-quarter sales that jumped 26% over last year, but […]

The key to Trump winning reelection

President Trump thinks immigration is his strongest issue, since it helped build his voter base and catapult him to the White House in 2016. And he still hopes to persuade voters he’ll be better than Democrat Joe Biden at rebuilding an economy ravaged by coronavirus...

‘We’re going to take that location by location’

Tapestry CEO Jide Zeitlin — a long-time director who took over as CEO last September — has a lot on his plate right now to say the very least. Whereas he was once just developing a turnaround strategy at Tapestry prior to the COVID-19 outbreak triggering store...

Fed is tangled in a ‘spaghetti bowl’ of credit risk

The Federal Reserve is going to have a tough time unwinding the credit risk it’s absorbing amid the novel coronavirus, Allianz Chief Economic Adviser Mohamed El-Erian told Yahoo Finance in a new interview. El-Erian told Yahoo Finance’s On the Move on Thursday that the...