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  • Yahoo Finance Video

    Strong data is 'good news' for markets, but may delay Fed cuts

    Stocks (^GSPC, ^IXIC, ^DJI) are trading higher after consumer sentiment and pending home sales data came in better-than-expected. BlackRock Senior Macro Investment Strategist for iShares EMEA Laura Cooper joins Yahoo Finance Live to discuss what this means for markets. Cooper calls the data "good news," saying it shows continued strength in the economy. She highlights that the commentary out of the Federal Reserve has pointed to the fact that officials are "willing to live with a higher degree of inflation," but that hasn't deterred them from a possible easing cycle— though strong data could prompt a delay. Cooper suggests that if no interest rate cut materializes in June, there could be "a knee-jerk reaction" in markets that slows down equities' momentum. Cooper also emphasizes that the market is being driven by "relatively strong fundamentals," which still bodes well for the equity market. Regarding inflation, Cooper notes that the data so far shows it is hotter-than-expected. However, in light of the PCE print set to be released on Friday — expected to be cooler than anticipated— she states that there needs to be a slew of prints that indicate slowing inflation for the Fed to be "comfortable" enough to cut rates. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • PR Newswire

    GALE NAMED ADVERTISING AGENCY OF THE YEAR BY CAMPAIGN U.S.

    Business Agency GALE has been named the Advertising Agency of the Year at the 2024 Campaign U.S. Agency of the Year Awards, an annual event that celebrates agencies leading the industry in creativity and effectiveness.

  • PR Newswire

    Gale Primary Sources Release Four New Archives Devoted to Contributions from Underrecognized Communities

    Gale, part of Cengage Group, is continuing its support of academic initiatives in diversity, equity and inclusion (DEI) with the release of four new archives on the Gale Primary Sources (GPS) platform. These archives unlock perspectives on interdisciplinary subjects, including the histories of LGBTQ+ communities in North America, the treatment of disabilities in society, refugeeism and relief work during the Cold War period and the environmental impact of colonial policies in Africa and Asia – a