Reported 7 months ago
The CEO of Fiera Capital Corp., Jean-Guy Desjardins, believes that the conditions are favorable for the Bank of Canada to lower its policy interest rate to around 3% by the end of next year. He mentions that the market has not reacted significantly to signals of a potential rate cut and that the Canadian dollar has weakened in anticipation of this adjustment. The Bank of Canada is expected to continue cutting rates if inflation cools down, and Desjardins suggests that the central bank may have the flexibility to make further cuts based on market expectations and economic conditions.
Source: YAHOO
Reported 7 months ago
Ludvig Åberg, a 24-year-old Swedish golfer, is off to a good start at his first U.S. Open with veteran caddie Joe Skovron. Åberg, reminiscing about watching the 2014 U.S. Open, credited Skovron's guidance for his success in navigating Pinehurst No. 2. Despite the challenging course, Åberg stayed disciplined and patient, posting a 4-under 66 in the first round, placing him in second. His strategic approach and teamwork with Skovron have been key in his strong performance.
Source: YAHOO
Reported 7 months ago
阿根廷月通脹率在 5 月份放緩至 2022 年初以來的最低水平，這是總統哈維爾·米列內在市場疑慮持續存在的情況下的第五次溫和降幅，消費者物價上月上漲 4.2%，低於經濟學家預估的 5%，也是自 2022 年 1 月以來的最低水平。從一年前計算，通脹率跌至 276.4%，5 月份的通脹主要是由通訊費用和教育類別的價格上漲所導致。
Source: YAHOO
Reported 7 months ago
A watchdog group filed a petition urging the Environmental Protection Agency (EPA) to conduct additional soil studies near an Ohio train derailment site and warn against gardening there, following independent tests revealing high chemical levels in locally grown garlic. The nonprofit Government Accountability Project criticizes the EPA for not testing garden crops in East Palestine after the 2023 Norfolk Southern derailment, despite advising residents to continue gardening and consuming home produce.
Source: YAHOO
Reported 7 months ago
A middle-aged English businessman is suing Apple for over £5 million after his wife discovered 'deleted' messages to sex workers on their family's iMac computer, leading to their divorce. The man claims Apple's lack of transparency about deleted messages caused the marital issues, as messages he believed were erased appeared on other Apple devices. His lawyer accused Apple of misleading users by not clarifying that deleted messages can still show up on linked devices.
Source: YAHOO
Reported 7 months ago
A survey by the International Foundation of Employee Benefit Plans reveals that about one-third of U.S. employer health plans now provide coverage for GLP-1 drugs, such as Wegovy and Zepbound, for both diabetes management and weight loss. The use of these drugs for weight loss has increased, comprising 8.9% of employers' medical claims spending in 2024 from 6.9% in 2023. Global sales for GLP-1 drugs are projected to reach $150 billion annually by the early 2030s, but resistance from insurers remains a limiting factor for drugmakers despite high demand and efficacy.
Source: YAHOO
Reported 7 months ago
Source: BARRONS
Reported 7 months ago
In a recent Senate committee hearing, FAA Administrator Mike Whitaker admitted that the Federal Aviation Administration should have conducted more thorough inspections rather than relying on paperwork audits, referencing the failure of a Boeing 737 Max panel during an Alaska Airlines flight in January. Following the incident, the FAA has increased its oversight of Boeing by placing more inspectors in their factories and their chief supplier, Spirit AeroSystems. The FAA, along with the Justice Department and the National Transportation Safety Board, are continuing investigations into Boeing's manufacturing practices.
Source: YAHOO
Reported 7 months ago
In the absence of Kristaps Porziņģis due to injury, Boston Celtics' Xavier Tillman Sr. stepped up in Game 3 of the 2024 NBA Finals against Dallas, showcasing his versatility and valuable contribution. From guarding Luka Dončić to hitting critical shots, Tillman's preparedness, routine of solving sudoku puzzles before games, and his impactful play on the court have earned him recognition and praise from teammates and coaches, highlighting his readiness and determination in seizing opportunities on the big stage.
Source: YAHOO
Reported 7 months ago
TheStreet's recent interview with Retirement Daily expert Robert Powell at the NYSE discussed retirement savings options, highlighting various accounts like taxable, IRA, 401(k), Roth IRA, and health savings accounts. Powell emphasized the importance of diversifying funds across different accounts to ensure tax-efficient income in retirement, as saving solely in a 401(k) may result in significant tax implications upon withdrawal.
Source: YAHOO
Reported 7 months ago
Kim Petras impressed at MAC Cosmetics' Viva Glam Billion Dollar Ball as the brand's new ambassador, showcasing a lipstick-red ruched gown on the red carpet. The event celebrated the 30th anniversary of Viva Glam, with stars like Lourdes Leon, Teyana Taylor, and Winnie Harlow also attending in glamorous ensembles, embodying the Viva Glam spirit with their unique styles.
Source: YAHOO
Reported 7 months ago
With Euro 2024 underway, writers predict France vs Portugal in the final, with predictions on potential winners like Kylian Mbappe for Player of the Tournament and Portugal for overall victory. Young talents like Florian Wirtz, Jude Bellingham, and Lamine Yamal are highlighted, along with predictions for the Golden Boot winner and surprise packages like Ukraine and Austria. Italy is pointed out as a potential disappointment, while players like Artem Dovbyk and Khvicha Kvaratskhelia are ones to watch in the tournament.
Source: YAHOO
Reported 7 months ago
Gwyneth Paltrow showcased a casual yet chic summer outfit composed of aviator sunglasses, a tank top, and breezy trousers instead of jeans. Her choice of lightweight drawstring pants is perfect for travel and warm weather, complemented by the trendy Fisherman sandals that are gaining popularity in the summer fashion scene. The ensemble represents a shift towards comfy yet stylish summer attire, offering various alternatives to traditional airport outfits.
Source: YAHOO
Reported 7 months ago
最新的趨勢是辛辣風味，包括辣芥辣醬拖鞋、快餐的辣雞肉三明治以及金魚餅乾的最新推出——辣鹹味蒜泡。Campbell's最新系列湯品也跟上這一潮流，推出了Spicy Chicken Noodle、Spicy Tomato Soup、Spicy Nacho Cheese Soup以及Spicy Buffalo-Style Cream of Chicken Soup等辣湯。每種湯品都能夠單獨享用或用作配料，加入這些辣湯，讓你的一餐更加豐盛多樣。
Source: YAHOO
Reported 7 months ago
Former Goldman Sachs managing director Jim Bunch partners with law firm Linklaters and nonprofit Scope 3 Climate Capital to develop an alternative to carbon credits. The initiative aims to lessen private-sector dependency on carbon credits for achieving net-zero goals by focusing on corporate supply chains and introducing sector-transition acceleration contracts (STACs) that directly incentivize emissions reductions. This move comes as the voluntary carbon market, where carbon credits are traded, faces a 22% decline amid controversies, prompting companies to explore new approaches like STACs backed by structured finance and securitization techniques.
Source: YAHOO
Reported 7 months ago
Angel Reese, 22, made history as the first player in the 2024 rookie class to reach 100 points and 100 rebounds in the WNBA. Despite initial doubts about her transition to the professional league, Reese has been proving skeptics wrong with her strong performances, averaging 9.6 rebounds and 12.4 points per game. Leading in rebounds and steals among rookies, she trails only Caitlin Clark in points per game for the season, showcasing her talent on the court.
Source: YAHOO
Reported 7 months ago
Following a record amount of rainfall hitting south Florida, Broward, Collier, Lee, Miami-Dade, and Sarasota counties have been declared under a state of emergency by Governor Ron DeSantis, with Fort Lauderdale, Miami, and other cities also declaring emergency situations. The flooding, affecting cities like Naples, Miami, and Fort Lauderdale, has caused water levels to rise dangerously on roads and in parking lots, with ongoing recovery efforts underway and warnings issued to avoid driving through flooded areas to prevent further incidents.
Source: YAHOO
Reported 7 months ago
Amazon Prime Day 2024 is around the corner with top deals from major brands like Apple, Ninja, and Amazon. The event, anticipated to be in July like previous years, offers discounts on tech, outdoor essentials, kitchen upgrades, and more. Early markdowns include popular items like Apple AirPods, nonstick fry pans, and air purifiers. Subscribers can access exclusive deals, while non-members can sign up for a free trial to enjoy benefits like free shipping on orders over $25. Stay updated on emerging deals across various categories to make the most of Amazon Prime Day 2024.
Source: YAHOO
Reported 7 months ago
BLACKPINK's LISA has been teasing her solo music on TikTok by sharing snippets of her tracks during fit checks. Fans can expect more sneak peeks of her upcoming music by following her updates on the platform.
Source: YAHOO
Reported 7 months ago
The average rate on a 30-year loan has dipped to 6.95% this week, but meaningful declines are not expected anytime soon. A study suggests that most homebuyers, especially first-timers, require significantly lower rates before reentering the market, with predictions stating that substantial decline may not occur until the end of 2025. Even though inflation data showed signs of moderation, the Fed held benchmark rates steady at 5.25% to 5.50%, affecting consumer confidence and underscoring the lack of purchase affordability.
Source: YAHOO
Reported 7 months ago
John R. Tyson, the CFO of Tyson Foods, was suspended after being arrested for alleged drunk driving. He was found driving while intoxicated with a blood alcohol level over twice the legal limit. Curt Calaway, with 18 years at the company, was appointed as the interim CFO. Tyson, the great-grandson of the founder, had previously pleaded guilty to similar charges in 2022. Calaway, who previously led Tyson Foods’ prepared foods division, will take over immediately.
Source: YAHOO
Reported 7 months ago
Russia's Moscow Exchange ceased dollar and euro trading following broad US sanctions that targeted the central exchange, the National Clearing Center, and the National Settlement Depository. While over-the-counter transactions are still available, the halting of trading on the Moscow Exchange since the Cold War era is expected to drive up exchange rates. The new US sanctions aim to isolate Russia from foreign financial support, impacting the country's relationship with foreign currencies, with some Russian lenders already selling the US dollar at higher rates amid dwindling availability.
Source: YAHOO
Reported 7 months ago
美國財政部長葉倫表示，她相信中國最大的銀行注意到美國對俄羅斯的制裁並且不希望違反，但她補充說美國不排除在必要時採取行動。葉倫在紐約經濟俱樂部演講後告訴記者：“我認為中國最大的金融機構一直在努力遵守，並且非常不希望被指定為違反制裁的人。”她還表示，美國不排除對大型銀行進行指定，如果認為有系統的違規行為。葉倫還告訴記者，最新一輪對俄羅斯的制裁旨在對該國造成困擾，不太可能引起意外問題。她認為這些制裁是可行的並與盟友商討過。
Source: YAHOO
Reported 7 months ago
特斯拉股東起訴首席執行官伊隆·馬斯克和董事會成員，指控馬斯克決定創立競爭性人工智慧公司xAI，並從特斯拉轉移人才和資源至新創公司。這起訴訟是對馬斯克創辦xAI決定的最直接挑戰之一，也是在他威脅在特斯拉之外發展人工智慧的情況下提出的。股東將於特斯拉年度股東大會上投票以重新批准早些時候被法官否決的560億美元薪酬方案。
Source: YAHOO
Reported 7 months ago
美聯社財經報導，總統拜登將提名克里斯蒂·戈德史密斯·羅梅羅（Christy Goldsmith Romero）接替馬丁·格倫伯格（Martin Gruenberg）擔任美國聯邦存款保險公司（FDIC）主席。此前，格倫伯格因工作場所虐待指控而辭職。長期擔任金融監管者的戈德史密斯·羅梅羅目前是商品期貨交易委員會（CFTC）委員。她之前曾在財政部工作，參與處理了2008年金融危機期間借貸給陷入困境銀行的紓困計劃，並擔任喬治城大學的法學教授。
Source: YAHOO