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For many years, Alberta has been among the priciest provinces in Canada when it comes to car insurance rates. This has continued to worsen over the last five years and a new report suggests that legal costs are largely to blame.The Insurance Bureau of Canada commissioned a study by consulting firm MNP, which has found legal costs alone account for 20 per cent of the premiums drivers pay. This amounts to approximately $1.
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Costco earnings call worries investors despite beating estimatesCostco (COST) shares trend lower in Wednesday's pre-market session after reporting its fourth-quarter earnings results yesterday. While Costco beat earnings and revenue estimates, investors reacted negatively to other details: Costco cited weaker-than-expected same-store sales growth, higher wage expenses, and no plans to increase membership fees in its earnings call. Yahoo Finance Reporter Brooke DiPalma breaks down the details of Costco's earnings call and what this means for the future of the company. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Costco Q4 earnings preview: High gas prices expected to fuel Costco sales, foot trafficCostco's value proposition — especially when it comes to cheap gasoline — continues to bring in customers.
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Wall Street hopes for bounce-back, Coinbase CEO joins YF: Yahoo Finance LiveMarkets are looking to recover from a rough day of trading yesterday. The Dow saw its worst day of trading since March, dragged down by recent signals from the Fed and growing concerns over a government shutdown. In crypto, SEC Chair Gary Gensler is set to testify before the House over Bitcoin ETFs. Yahoo Finance has an exclusive interview with Coinbase CEO Brian Armstrong (COIN) at 3 p.m. ET to get his thoughts on the testimony and much more. Trending tickers today include Costco (COST), Amazon (AMZN), and Rivian (RIVN).Top guests today include:9 a.m. ET - Tom Forte, D.A. Davidson Managing Director, Senior Research Analyst9:20 a.m. ET - Takeshi Niinami Suntory Holdings CEO9:40 a.m. ET - Maya MacGuineas, Committee for a Responsible Federal Budget President10:40 a.m. ET - Isabella Casillas Guzman, SBA Administrator11:00 a.m. ET - Fmr. Sen. Byron Dorgan (D) North Dakota
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Nissan unveils all-electric Ariya: Yahoo Finance test drivesNissan (NSANY, 7201.T) has unveiled the 2023 Ariya, its all-electric crossover SUV. Yahoo Finance's Rick Newman and Pras Subramanian highlight their experience test driving the Ariya and share their thoughts on the EV's pricing and charging range. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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FTC’s suit against Amazon, Biden visits autoworkers: Yahoo Finance LiveThe FTC, along with 17 states, has filed an antitrust lawsuit against Amazon, alleging that the tech giant used its “monopoly power” to inflate prices, which has harmed consumers. Meanwhile, President Biden visited UAW members who are still striking against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA). Other trending tickers on Yahoo Finance today include Fisker (FSR), Sirius XM Holdings (SIRI), and Rivian (RIVN).3:05 p.m. ET - Mozelle Thompson, Former FTC Commissioner 3:35 p.m. ET - Michael Linford, Affirm CFO3:45 p.m. ET - Ann Berry, Threadneedle Strategies Founder4:05 p.m. ET - Senator Ron Johnson (R- Wisconsin)4:20 p.m. ET - Dr. Zeke Emanuel, Vice Provost for Global Initiatives at The University of Pennsylvania and Chair of the Department Of Medical Ethics and Health Policy
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