Josh Schafer

Josh Schafer is a reporter for Yahoo Finance with a focus on technology and artificial intelligence. He has experience covering the impact of emerging technologies on industries and markets. Prior to joining Yahoo Finance, he worked at CNBC where he reported on the latest developments in tech and AI. Josh has a Bachelor's degree in Journalism from the University of Missouri and is based in New York City.

84%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

90%

Examples:

  • The author has a tendency to use sensationalist language and selective reporting to emphasize certain points.
  • The author quotes experts without providing evidence or context to support their statements.

Conflicts of Interest

85%

Examples:

  • The author has a history of covering topics related to the companies they report on, which may create a conflict of interest.
  • There are instances where the author's personal opinions seem to influence their reporting.

Contradictions

85%

Examples:

  • Contradictions found in the articles such as unemployment rate increasing while job additions are rising.
  • Discrepancies between reported data and actual market performance.
  • Misreporting of stock market and index performance milestones.

Deceptions

75%

Examples:

  • The author uses misleading headlines and descriptions that do not accurately reflect the content of the article.
  • There are instances where the author twists facts or omits important information to support a particular narrative.

Recent Articles

Key Economic Data and Earnings Reports: Inflation, Fed Testimony, and Q2 Earnings Kick Off Busy Week for Investors

Key Economic Data and Earnings Reports: Inflation, Fed Testimony, and Q2 Earnings Kick Off Busy Week for Investors

Broke On: Monday, 08 July 2024 Investors will monitor key economic data, earnings reports from major financial institutions, and the Federal Reserve's interest rate decisions amid signs of cooling labor market data. The US Treasury's quarterly refunding update, inflation data, and Fed Chair Jerome Powell's testimonies will influence potential interest rate cuts in 2024. Second-quarter earnings from companies like JPMorgan, Wells Fargo, and Citi kick off on Friday.
Core Inflation Slows Down: PCE Index Shows Prices Rise at Softest Pace in Six Months

Core Inflation Slows Down: PCE Index Shows Prices Rise at Softest Pace in Six Months

Broke On: Friday, 28 June 2024 The Federal Reserve's preferred inflation measure, core PCE index, decelerated in May with a 0.1% increase from the prior month and a 2.6% yearly rise. Household spending rebounded while personal income reached $23.9 trillion, second only to March 2021 stimulus payments. Despite this, traders predict a 59.5% chance of a September rate cut due to slowing inflation and solid income growth.
Fed Officials and Retail Sales Data Suggest Possible Interest Rate Cuts

Fed Officials and Retail Sales Data Suggest Possible Interest Rate Cuts

Broke On: Wednesday, 19 June 2024 Six Federal Reserve officials indicated a potential for interest rate cuts due to economic data and their concerns about inflation not reaching the 2% target, while retail sales have reportedly slowed down. The Fed is expected to make data-dependent decisions.
Apple Intelligence: Revolutionizing Device Use with AI Features

Apple Intelligence: Revolutionizing Device Use with AI Features

Broke On: Tuesday, 11 June 2024 Apple unveils Apple Intelligence, a new AI feature set for iPhone, iPad, and Mac devices this fall. Siri updates, M1 chip integration, and potential partnerships with Google and OpenAI promise more personalized experiences.
Anticipated May Jobs Report: Expected Addition of 185,000 Jobs and Unemployment Rate at 3.9% - Implications for the Economy and Interest Rates

Anticipated May Jobs Report: Expected Addition of 185,000 Jobs and Unemployment Rate at 3.9% - Implications for the Economy and Interest Rates

Broke On: Thursday, 06 June 2024 Anticipated May jobs report may reveal insights into labor market's current state, with an expected addition of around 185,000 jobs and a 3.9% unemployment rate. Diverging predictions on implications for economy and interest rates.
Lululemon Defies Inventory Challenges and Raises Full-Year Profit Outlook

Lululemon Defies Inventory Challenges and Raises Full-Year Profit Outlook

Broke On: Wednesday, 05 June 2024 Lululemon reported stronger-than-expected earnings for Q1 2024, raising full-year profit outlook and increasing share buyback program despite inventory issues and slowing sales growth in the Americas. International markets showed strong momentum, offsetting challenges. Net income was $318 million on $1.4 billion in sales, missing analyst expectations.
Nvidia Surges Past Apple to Become Second Most Valuable US Company: Tech Stocks Rally Amidst Optimism for Interest Rate Cuts and Cooling Economy

Nvidia Surges Past Apple to Become Second Most Valuable US Company: Tech Stocks Rally Amidst Optimism for Interest Rate Cuts and Cooling Economy

Broke On: Wednesday, 05 June 2024 On June 5, 2024, the S&P 500 and Nasdaq Composite reached new record highs, with tech stocks leading the charge. Nvidia surged over 5% to become the second most valuable US company with a market cap of $3 trillion. Microsoft also saw gains, while other sectors like chip-equipment and food service contributed to overall market growth. ASML, Dutch Bros, Wingstop, Constellation Energy, and Netflix all experienced significant gains.
US Economy Grows Slower Than Initially Estimated: Revised Data Shows 1.3% Annualized Expansion in Q1, Consumer Spending Downgraded to 2%

US Economy Grows Slower Than Initially Estimated: Revised Data Shows 1.3% Annualized Expansion in Q1, Consumer Spending Downgraded to 2%

Broke On: Thursday, 30 May 2024 The US economy grew more slowly than initially estimated in Q1, with GDP expanding at an annualized rate of 1.3% due to a downward revision in consumer spending. This revision led to renewed expectations for a Federal Reserve interest rate cut and raised concerns about potential financial stress among consumers.
Consumer Confidence Rebounds in May Amidst Economic Uncertainty: Inflation Concerns and Job Market Bolster Optimism

Consumer Confidence Rebounds in May Amidst Economic Uncertainty: Inflation Concerns and Job Market Bolster Optimism

Broke On: Tuesday, 28 May 2024 Consumer confidence in the US rebounded in May, with both the Conference Board and University of Michigan indexes reporting increases. Consumers felt better about business conditions and their personal finances, but remained concerned about inflation. Unemployment remained low and wages grew at a solid pace, while CEOs expressed caution about economic growth.
Nvidia's Earnings Report and Microsoft's AI Event: A Week of Significant Catalysts for the Markets

Nvidia's Earnings Report and Microsoft's AI Event: A Week of Significant Catalysts for the Markets

Broke On: Sunday, 19 May 2024 Nvidia's earnings report, projected to show over 400% earnings growth and 242% revenue increase due to AI chip demand, will be a market catalyst. Microsoft's upcoming AI event and potential Fed interest rate cuts are also key focuses for investors. Retailers Target, Palo Alto Networks, and Lowe's report quarterly results this week, offering insights into retail sector health and consumer spending trends.