Yahoo Finance

Federal Reserve Chair Jerome Powell told lawmakers that the Fed is not in a rush to adjust interest rates, reiterating a cautious stance as central bank policymakers digest signs of stubborn inflation and policy uncertainties from the new Trump administration. "With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need to be in a hurry to adjust our policy stance," Powell said in his testimony before the Senate Banking Committee. More: https://lnkd.in/eRivANqk

Every investor wants to make smart decisions, but if investing were easy, no one would ever take a loss. Today’s phrase of the day is “smart money.” Yahoo Finance's Jared Blikre defines it as “institutional investors, hedge funds, pensions, and pros who are thought to have superior research, execution, and market access, often moving ahead of retail traders.” Nick Colas, who has spent most of his career in institutional investing, agrees that professional investors have more information than retail investors. But he argues that the real distinction between “smart money” and “dumb money” isn’t just access to information. More: https://lnkd.in/e3KBqBpN

How will President Donald Trump's tariffs impact the economy? The Yahoo Finance audience broadly expects Trump’s tariffs to raise prices and damage the economy. More: https://lnkd.in/eeG2AQ_X

Nvidia on Friday disclosed its latest equity holdings, and the reveal led to some wild swings in the fortunes of companies that saw their shares bought or sold by the chip giant. https://lnkd.in/eBgZ6G9a

President Donald Trump says his protectionist trade policy will boost the US economy and revive domestic manufacturing. Many savvy investors doubt it. https://lnkd.in/exerFfQ9

US mortgage rates remain elevated over this past week, according to new data out from Freddie Mac, with the 30-year fixed rate mortgage slipping slightly to 6.87% while the 15-year moves up from 6.05% to 6.09%. Yahoo Finance senior housing reporter Claire Boston breaks down the latest rate moves: https://lnkd.in/eMsAcSX6

In the past 30 days, the average price of a Tesla has declined 1%, according to data from CarGurus. That brings the decline over the past 90 days to 5.49%. The fastest price declines are being witnessed in the Cybertruck. https://lnkd.in/eXCDsdrV

Renaissance Macro expects a "banner" year for IPOs this year, with an estimated volume range of 155 to 195 companies coming to market. They could collectively raise $40 billion to $55 billion in funding. https://lnkd.in/e7RbPYmj

The cost of producing pennies continues to draw scrutiny, as the US Mint — a bureau within the U.S. Department of the Treasury — spends more than two cents to manufacture each one-cent coin. President Donald Trump took to Truth Social to announce he ordered the stop of all further penny production, calling it "wasteful." Yahoo Finance anchor Julie Hyman examines the factors driving up penny production costs, from rising metal prices to manufacturing expenses. More: https://lnkd.in/ed9gyzCM

Disney has joined a growing list of companies that have removed or altered their diversity, equity, and inclusion (DEI) initiatives after the Trump administration filed executive orders to dismantle federal DEI programs within the US government. https://lnkd.in/ekF2pU6s