Morning Brief anchor Julie Hyman breaks down the latest market moves for October 16, 2025.
Fed Governor Waller, who is reportedly on the shortlist to become the next Fed Chair, is in favor of cutting rates at the end of October when the Fed meets for its FOMC meeting. Senior reporter Jennifer Schonberger breaks down the details.
Chocolate company Nestlé announced it will be cutting 16,000 jobs in a cost cutting effort as part of the company’s turnaround plan.
#youtube #jobs #news
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
