Reported 4 months ago
NBA Hall of Famer Alonzo Mourning recently revealed his battle with prostate cancer and the surgery he underwent to treat it, emphasizing the importance of men getting checked for a disease that often shows no symptoms until it's advanced. Mourning shared his story with ESPN, recounting his diagnosis, treatment, and recovery process to highlight the significance of routine health checkups for early detection and prevention.
Source: YAHOO
Reported 4 months ago
Penn State's internal review in 2019 uncovered evidence of tension between football coach James Franklin and a former team doctor, unable to determine if NCAA bylaws or Big Ten standards were violated. The report revealed conflicts between Franklin and the doctor but left uncertain if any rules were broken, prompting further investigation recommendations. The doctor, Dr. Scott Lynch, won a $5.25 million wrongful termination lawsuit, claiming Franklin influenced medical decisions. Penn State maintains its commitment to athletes' well-being and NCAA compliance.
Source: YAHOO
Reported 4 months ago
According to Bank of America Corp., US companies are benefiting from lower borrowing costs in the investment-grade market due to upgrades in ratings, faster earnings growth, and improved profit margins. The bank's strategists highlighted a more positive fundamental outlook for large corporations compared to leverage metrics, cautioning against focusing solely on backward-looking accounting metrics. Risk premiums have been tightening, approaching levels last seen in 2021, which is attributed to factors beyond leverage affecting spreads in the investment-grade market. Various metrics, such as debt-to-enterprise value and credit ratings, indicate improvement, with net upgrades totaling $129 billion over the past year for high-grade companies.
Source: YAHOO
Reported 4 months ago
The Real Madrid website crashed after the long-awaited signing of Kylian Mbappe was confirmed, redirecting fans to an 'offside' error message. The French forward signed a deal with Real Madrid for the next five seasons, earning €15 million a season plus a €150 million signing bonus. He will join the Spanish club in July, teaming up with players like Vinicius Jnr and Jude Bellingham. Mbappe expressed his excitement on Instagram, calling it a dream come true to join Real Madrid.
Source: YAHOO
Reported 4 months ago
Morgan Stanley warns that the increasing uncertainty surrounding the US election could jeopardize popular macro trades as investors rush to reduce exposures. Strategies such as being long the dollar against lower-yielding peers and holding underweight positions in longer-term Treasuries could face pressure as investors pare back risk before November, impacting macro markets. The strategists also highlight risky macro positions as elections approach, such as duration-neutral Treasury yield curve steepeners, underweight US duration versus Europe and Canada, and being long the US dollar against lower-yielding currencies. Despite the crowdedness of the long dollar trade, they anticipate the currency will see some support in the coming months as global bond yields decline faster than in the US.
Source: YAHOO
Reported 4 months ago
The meme stock frenzy reignited as meme trader 'Roaring Kitty' disclosed a $175 million position in GameStop, prompting discussion on the impact of meme stock rallies on investors and the market. RapidRatings International Executive Chair James Gellert highlighted the frothy market phenomena, warning that not all investors will profit from such trading scenarios and emphasizing that someone loses in this high-momentum environment. While acknowledging profit potential, Gellert cautioned that investors need to be cautious in meme stock trading as not everyone can make gains.
Source: YAHOO
Reported 4 months ago
Primavera Sound Barcelona 2024 presented an exceptional lineup with artists like Lana Del Rey, SZA, Pulp, and Troye Sivan, attracting fans globally to enjoy music, community, and cultural experiences. Despite lower ticket sales seen in other festivals, Primavera's emphasis on inclusivity, reasonable ticket prices, diverse lineup with a 50/50 gender balance, and late start times with various offsite events created a remarkable festival atmosphere. From intimate artist performances to inclusive layouts and touching tributes, the festival offered a unique and unforgettable experience, distinguishing itself in the festival scene.
Source: YAHOO
Reported 4 months ago
Shares of Taiwan Semiconductor Manufacturing (TSM), also known as TSMC, surged up to 4% on Monday following positive developments at the Computex trade show in Taiwan. Nvidia CEO Jensen Huang's announcement that Nvidia is accelerating its product upgrade cycle to one year has direct implications for TSMC, as the company is the second-largest customer for TSMC AI processors. TSMC's foundry, which produces most of the world's advanced semiconductors used in AI, reported a 60% year-over-year sales increase in April driven by high demand for AI processors. With the growing AI market expected to be worth $1.3 trillion by 2032, TSMC's strong position in the AI sector makes it an attractive investment.
Source: YAHOO
Reported 4 months ago
Valentina Shevchenko is open to facing Alexa Grasso in a trilogy bout at UFC 306 at Sphere, clarifying that the event is not related to Mexican Independence Day. After their rematch ended in a split draw, the third fight is expected to take place in September 2024. Shevchenko emphasizes the importance of mental strength and readiness while expressing determination to secure a definitive victory without relying on judges, aiming to reclaim the 125-pound championship title.
Source: YAHOO
Reported 4 months ago
Struggling Pennsylvania hospital chain Tower Health is planning to exchange almost $1 billion in existing debt for new funds as part of its financial turnaround efforts. The system aims to secure additional liquidity by exchanging existing bonds, supported by a $142.5 million new municipal bond sale for working capital. Tower Health expects to return to profitability this fiscal year after experiencing improvements in operating income and patient volume, following challenges exacerbated by the pandemic and a failed 2017 merger. The debt swap will provide the system with a longer-term financial strategy without haircutting current debt holders.
Source: YAHOO
Reported 4 months ago
A recent poll by Gallup found that while New York City is known as the 'city that never sleeps,' only 42% of New Yorkers feel they are getting as much sleep as they need, with 57% stating they would feel better with more sleep. The poll revealed that only 26% of respondents get the recommended eight or more hours of sleep, with younger women under 50 being more likely to report insufficient rest. Factors affecting New Yorkers' sleep include noise pollution in the city, multiple jobs, and early wake times inconsistent with their circadian rhythm. Sleep medicine specialist Dr. Matthew Ebben suggests finding one's specific sleep needs by gradually increasing time in bed until feeling alert and refreshed during the day, highlighting that both insufficient and excessive sleep can lead to issues like insomnia.
Source: YAHOO
Reported 4 months ago
The Yahoo Finance video discusses maximizing credit card rewards for summer travel by focusing on budget, travel habits, and daily spending; as well as the upcoming Dollar Tree quarterly earnings report. The Dollar Tree is in a turnaround with CEO Rick Derringer focusing on opening new Dollar Tree stores, closing unprofitable Family Dollar stores, and reopening 99 Cents Only locations as Dollar Tree stores. Analysts offer insights into Dollar Tree's strategies, challenges, and consumer behavior amidst inflation pressures and changing consumer spending habits.
Source: YAHOO
Reported 4 months ago
明尼蘇達維京人隊與明星廣收手賈斯汀·傑佛遜達成了創紀錄的合同續約，一直延續至2028賽季，隊伍週一宣布。憑藉瓦拉里(FWME)足球的協商，傑佛遜的合同延長4年，總額1.4億美元，據多份報導指出有1.1億美元是保證金，這將使這位24歲球員成為史上薪水最高的非四分衛球員。
Source: YAHOO
Reported 4 months ago
The 2024 NBA Finals between the Celtics and the Mavericks showcases star talents like Tatum and Doncic, but the outcome could hinge on supporting players. Porzingis' potential return for the Celtics could be crucial, along with contributors like White's defense, Hauser's shooting, Holiday's all-around skills, and Pritchard's impact off the bench. For the Mavericks, players like Washington, Jones Jr., Kleber, Lively, and Gafford will need to step up to support Doncic and Irving for a chance at an upset.
Source: YAHOO
Reported 4 months ago
Bananas are a popular fruit in the U.S., known for being a good source of potassium and fiber. Eating a banana daily can lead to increased energy levels from potassium, better digestion from fiber and prebiotics, weight loss support due to resistant starch, improved immune system, and balanced sleep. Nutritionists suggest consuming one to two bananas a day to reap the benefits without overdoing it.
Source: YAHOO
Reported 4 months ago
Financial guru Dave Ramsey advised Teresa, a 61-year-old woman in Arkansas with a $26,000 tractor debt among $69,000 total. Ramsey stressed selling assets and clearing debt before retirement planning, emphasizing Baby Steps to Financial Peace. Despite the urgency, Ramsey reassured Teresa that with proper actions, financial security is attainable. The advice resonates with many facing debt challenges amid inflation, reflecting the importance of seeking financial advice for debt relief and retirement savings.
Source: YAHOO
Reported 4 months ago
The Consumer Financial Protection Bureau (CFPB) in the United States has announced the establishment of a public registry to identify nonbank financial companies found violating consumer laws, aiming to deter corporate repeat offenses. The new regulations require nonbank entities like debt collectors, mortgage lenders, and credit reporting companies to report actions taken against them to the CFPB. The registry will help monitor repeat offenders and ensure accountability for breaking the law, with the first registrations expected in January 2025.
Source: YAHOO
Reported 4 months ago
Oil prices fell by as much as 3.5% following OPEC's decision to unwind voluntary cuts sooner than expected, raising demand worries for 2025. West Texas Intermediate (CL=F) settled at $74.27 per barrel while Brent (BZ=F) closed at $78.36. The move was accompanied by technical selling and limited interest in buying due to soft demand. Saudi Arabia's oil alliance extended 3.6 million bpd in cuts until the end of 2025, with a phased unwinding of an additional 2.2 million bpd expected to begin in October. Analysts predict a demand slowdown in 2025, with JPMorgan viewing the decision as 'market neutral' for oil prices in 2024.
Source: YAHOO
Reported 4 months ago
Cyndi Lauper宣布將舉行大型《女孩就是要開心》告別巡迴演唱會，這是為了慶祝她數十年的音樂生涯而舉辦的23場體育館演唱會。巡演將於2024年10月開始，持續到12月，演出城市包括多倫多、底特律、波士頓、紐約市、納什維爾、亞特蘭大、達拉斯、休斯頓、洛杉磯、舊金山、西雅圖等。
Source: YAHOO
Reported 4 months ago
The U.S. manufacturing activity gauge contracted more than expected in May, leading to a decline in Treasury yields and a weakening U.S. dollar. The Institute for Supply Management reported that manufacturing activity declined for the second consecutive month, causing yields on the benchmark 10-year Treasury bond to fall by nine basis points, with the 30-year yield also retreating. This led to a rally in the iShares 20+ Year Treasury Bond ETF. The U.S. dollar index weakened against peers as traders increased wagers on a potential September rate cut. Key highlights from the ISM Manufacturing PMI report showed decreases in the New Orders, Production, and Prices Indexes, with an increase in the Employment Index. Supplier order commitments and capital expenditures are being deferred due to a lack of demand and ongoing economic conditions.
Source: YAHOO
Reported 4 months ago
Lady Gaga, also known as Stefani Germanotta, stood as the maid of honor at her sister Natali Germanotta's seaside wedding in Maine, alongside her partner Michael Polansky. The singer looked radiant in a peach-colored dress, hair pinned up elegantly with pink flowers, and was seen adjusting Natali's veil at the ceremony. The wedding, held at the Viewpoint Hotel in Maine, was a family affair attended by Gaga and Natali's relatives, showcasing their close bond as sisters and colleagues in the fashion industry.
Source: YAHOO
Reported 4 months ago
In this article, Madison Mills and Seana Smith discuss the impact of May's PMI data showing a slight decline and OPEC's decision to extend oil production cuts until 2025. They analyze the implications for future interest rate cuts by the Federal Reserve and the macroeconomic factors influencing oil prices. The show also covers the stock reactions of trending stocks like Nvidia, Spotify, and JetBlue. Additionally, there is an in-depth discussion on how the decision-making process and geopolitical factors are influencing the oil market and why Tesla's CEO expresses optimism towards EVs despite current losses.
Source: YAHOO
Reported 4 months ago
Mustard oil, commonly used in Northern India, Bangladesh, Pakistan, China, and Russia, was banned in the U.S. due to high levels of erucic acid linked to heart disease. Despite being labeled for external use only, culinary use has increased. Mustard oil is favored for sautéing, deep frying, and adding flavor to curries. Ayurveda utilizes it for various health benefits. Health risks associated with mustard oil consumption are debated, with U.S. guidelines differing from Indian views praising its heart health benefits. Consumers are advised to weigh the risks and make informed choices.
Source: YAHOO
Reported 4 months ago
Lower-income Americans have scaled back their travel spending in April, leading to decreased demand for hotel stays in the U.S. Wealthier Americans continued to travel, but the decline in lower-income travelers' bookings affected the overall U.S. hotel room demand, especially in midscale and economy hotels. CoStar adjusted its yearly forecast due to slowing GDP and reduced demand from cost-conscious travelers, anticipating a 2.1% rise in average daily room rates and a 2% increase in revenue per available room in 2024, lower than previous projections. Overall, occupancy levels are expected to drop slightly to 62.8% compared to 63% in 2023, with a 0.8% supply growth in 2024.
Source: YAHOO
Reported 4 months ago
Browns' head coach Kevin Stefanski expressed excitement about receiver Elijah Moore's potential for the upcoming season. Stefanski mentioned Moore's versatility and ability to line up in different spots as factors contributing to the team's plans to increase Moore's involvement in their offense in 2024. With Moore's previous success and the addition of Deshaun Watson as the quarterback, the Browns are optimistic about the receiving corps lineup featuring Moore, Jerry Jeudy, and Amari Cooper.
Source: YAHOO