Balances for non-prime borrowers, or people with credit scores. The world’s biggest business news platform: Get the free Yahoo Finance app and subscribe to our morning newsletter, the Morning Brief. Generation Z consumers and those with low credit scores are falling behind on credit card and auto loan bills and accumulating credit card debt at a pace not seen since before the pandemic. Your subscription will automatically renew at the end of.
Payment will be charged to your Google Play Store account as soon as you confirm the purchase.
For Yahoo Finance Plus Essential: You can choose to be billed 34.99 monthly or 349.99 annually. * Early August business surveys from United States, Germany, France, euro zone, UK, Japan. As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting to feel financial pressure. For Yahoo Finance Plus Lite: You can choose to be billed 24.99 monthly or 249.99 annually. Key developments that should provide more direction to U.S. import yfinance as yf msft yf.Ticker(MSFT) get stock info get historical market data. Fed chief Jerome Powell is widely expected to disavow any notion in markets that the central bank will pivot to an easier monetary setting any time soon.įutures markets are now seeing peak Fed rates for the cycle - the so-called terminal rate - as high as 3.8%. Note: yahoo finance datetimes are received as UTC.
Download Yahoo Finance app on your phone. outperformance given its distance from the specific pipeline shocks in natural gas and better behaved world oil markets, crude prices didn't help much on Tuesday as they ticked higher again on reports OPEC may be minded to clip supply to prevent any further slide.Īll of which sets the scene for a relatively stern Federal Reserve message at its annual Jackson Hole conference later this week. Download Yahoo Finance app helps with personalized finance news, alerts, reviews and learn more about Yahoo finance app. Britain's equivalent reading missed forecasts, just a whisker above the expansion threshold in August and a day after Citi forecast UK inflation could hit 18% early next year. At Yahoo Finance, you get 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. With Europe's Ukraine-related natural gas price shock at the epicenter of the worries, driving the euro's slide back through parity this week to its lowest levels in almost 20 years, there was some modest market relief on Tuesday as flash August business surveys for the region were less awful than feared.īut the surveys still showed the second consecutive month of contracting activity that points to overall euro zone output shrinking for the third quarter as a whole.