Seana Smith

OpenAI is reportedly in early talks with the California Attorney General's office to transition from being a non-profit to a public benefit corporation, according to a report from Bloomberg . Catalysts hosts Seana Smith and Madison Mills break down what investors need to know about the ChatGPT maker's for-profit shift.

"Taco Bell US is on fire. I mean, they're killing it with everyday value, with some abundant value, and they seem to be working very well, resonating very well with consumers on innovation. And so that's helping offset some of the softness we're seeing globally, which is fairly widespread across the different brands, across the different markets, whether it's driven by macro pressures, still continued issues going on in the Middle East tied to everything that's going on over there. It's hard for the company to kind of push through with its brands to win some traffic in that kind of context," Tower tells Yahoo Finance.

The 2024 presidential election could have huge implications for US corporate tax rates as Vice President Kamala Harris could push the tax rate higher

Election Day has arrived, and either Vice President Kamala Harris or former President Donald Trump will become the 47th president of the United States. Raymond James' Washington policy analyst and managing director Ed Mills joins Morning Brief to examine top policy issues the elected official will have to deal with. Mills points to two key policy issues that could influence market dynamics in the year ahead - the debt limit negotiations and the future of tax extensions. Regarding the debt limit, Mills notes that the US will not default on its debt obligations. However, he warns this could still become "a bond market story for next year." The longer the debt limit remains unresolved, the more the Treasury markets could be depressed. On the tax extension front, Mills notes Democrats would likely favor removing the $10,000 cap on state and local tax (SALT) deductions. However, investors would have to question how much Republicans would want to cut taxes in terms of size and how that would ultimately impact the federal deficit and bonds. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith

In This Article Ferrari ( RACE ) stock is sinking in Tuesday's intraday session following weaker-than-expected third quarter sales figures.

In This Article Shares of Wynn Resorts ( WYNN ) plummeted on Tuesday after the casino operator reported weaker-than-expected third quarter results.

In This Article The 2024 US presidential election carries significant market ( ^DJI ^IXIC ^GSPC ) implications, with different potential

While traders are making their way to the exchange floor, American voters are heading out to vote in the 2024 presidential election.

Catalysts Hosts Seana Smith and Madison Mills sit down with top Wall Street and economics experts to examine the top headlines moving the market as

While equity markets ( ^DJI ^IXIC ^GSPC ) adjust to November and election-related volatility, stocks could have more room to run higher especially as seasonality themes become core to market themes.