Reported 4 months ago
Despite increased financial literacy, Professor Teresa Ghilarducci argues that American workers are financially worse off in retirement compared to previous generations, attributing this issue to a flawed system. While financial literacy has improved, the structure of retirement savings doesn't align with the current workforce, leading to challenges in retirement planning. Ghilarducci emphasizes the importance of reform and the disparities between those with access to well-structured retirement plans and those who are left behind, highlighting the impact of luck and system design on retirement outcomes.
Source: YAHOO
Reported 4 months ago
As the seventh season of '9-1-1' comes to a close, viewers witness Bobby's fate, shocking departures, and other twists that set the stage for Season 8. Amidst game-changing events, such as Bobby fighting for his place at 118 under new leadership and Christopher grappling with Eddie's actions, the stars provide insight into the characters' futures. With dynamics shifting and dramatic developments unfolding, fans are left eager to see how the story unfolds in the upcoming season.
Source: YAHOO
Reported 4 months ago
A new analysis published in the journal Travel Medicine and Infectious Disease revealed that the chikungunya virus (CHIKV), a commonly contracted mosquito-borne disease, may have more severe health impacts than previously thought, causing long-lasting joint pain for years. This discovery raises concerns for travelers in regions with increasing mosquito activity due to climate change, highlighting the need for better disease surveillance and prevention efforts to combat the spread of mosquito-borne illnesses.
Source: YAHOO
Reported 4 months ago
美元将在美国通货膨胀数据公布后首次出现月度下跌；数据显示美国个人消费支出物价指数四月份增长0.3%，与三月份的增长相符。投资者等待美联储即将削减利率的明确时间。欧元略微上扬，欧元区通胀压力超出预期，对欧洲央行前景产生困扰。日元疲软，而美元略微上涨，日本财政大臣发出警告，称过度货币波动问题。日本财务省数据显示，过去一个月，日本当局为支持日元在外汇市场干预了9.79万亿日元（62.2亿美元）的资金，未触发对未来行动的担忧。
Source: YAHOO
Reported 4 months ago
Investors are waiting to find out if Japan intervened in the currency market to support the yen with a potential record-breaking amount of ¥9.4 trillion spent in April and May. The Ministry of Finance is set to release data that will reveal the extent of the intervention, which could impact market sentiment depending on the amount spent and the effectiveness of the intervention. The yen is currently trading at 156.65 to the dollar, having weakened significantly recently, and a lack of intervention could lead to further strengthening of the dollar-yen exchange rate.
Source: YAHOO
Reported 4 months ago
Pluralsight Inc., backed by Vista Equity Partners, has moved assets away from private credit lenders in a strategic move to raise fresh financing. The company transferred intellectual property into a new subsidiary and utilized these assets to secure financing from Vista, weakening existing lenders' claims against the IP. This tactic, known as a 'dropdown,' is uncommon in the private credit market and has been used to pay interest to current lenders. Some lenders have sought advice on the situation, and the leveraged buyout of Pluralsight by Vista in 2021 involved around $1 billion in debt financing from direct lenders.
Source: YAHOO
Reported 4 months ago
Lenovo Group Ltd. shares are expected to continue outperforming peers due to their bargain valuations and growth potential in emerging markets, attracting investors to the Chinese computer maker. The company's stock is the best performer on Hong Kong’s benchmark Hang Seng Index, with new PCs incorporating artificial intelligence driving sales growth. A recent alliance with Saudi Arabia’s sovereign wealth fund is anticipated to enhance Lenovo’s presence and profits in the Middle East and Africa. Despite short-term concerns about potential dilution from a $2 billion convertible bond sale, the strategic move aligns with China President Xi Jinping’s push for increased financial and technology cooperation with Arab nations. Analysts are positive on Lenovo's outlook, with options traders also showing optimism.
Source: YAHOO
Reported 4 months ago
The Sacramento Kings have reportedly offered head coach Mike Brown a three-year, $21 million contract extension, with potential bonuses that could increase the total value to $27 million. However, no agreement has been reached as Brown is seeking around $10 million annually. Talks between Brown and the Kings have been tabled due to a gap in negotiations, with Brown aiming to secure a deal that would make him one of the highest-paid NBA coaches.
Source: YAHOO
Reported 4 months ago
Japanese authorities have spent approximately $62 billion intervening in the foreign exchange market to support the yen over the past month, preventing it from reaching new lows but not reversing its longer-term declines. Despite these significant interventions, the yen's weakness persists, with market attention focused on potential future interventions as the currency hovers near a critical threshold. Finance Minister Shunichi Suzuki has issued intervention warnings, and authorities are prepared to act to counter excessive yen moves, with expectations of further intervention efforts in the future.
Source: YAHOO
Reported 4 months ago
Hollywood celebrities react to former President Trump's guilty verdict with a mix of rage and rapture on social media, with figures like Caitlyn Jenner, Rob Schneider, Kathy Griffin, and Mark Hamill expressing their opinions. Some celebrities were outraged by the verdict, while others rejoiced, such as Griffin who thanked Stormy Daniels and Hamill who simply tweeted "Guilty" 34 times in reference to the 34 counts against Trump. Joy Behar, a host on "The View," did not make a statement but retweeted Stephen King's comment on the verdict.
Source: YAHOO
Reported 4 months ago
Ukrainian model Sawa Pontyjska is reportedly suing the Cannes Film Festival after alleging that she was "brutally restrained" by a female security guard on the red carpet, causing her pain and trauma. Pontyjska shared a clip of the confrontation on TikTok, which garnered over 16 million views, and is seeking 100,000 euros in damages for physical assault and psychological damage. The festival has not yet commented on the situation.
Source: YAHOO
Reported 4 months ago
Oil prices remained stable as investors awaited U.S. inflation data to gauge demand outlook before turning focus to the upcoming OPEC+ meeting. Brent futures were slightly up at $82.00 a barrel, while WTI crude was down at $77.87. Brent futures are set for a monthly loss of nearly 7% after a surprise build in U.S. fuel inventories, despite a deeper draw in crude oil stocks. The market is also watching for the U.S. inflation data release and the OPEC+ meeting on Sunday, where discussions are ongoing about extending oil production cuts into 2025, potentially leading to a rise in oil prices.
Source: YAHOO
Reported 4 months ago
Klay Thompson appears to be heading towards free agency as the Golden State Warriors have not made progress on extending his contract. Despite the team's desire to retain Thompson, they have not actively pursued an extension, leading the 34-year-old to explore external options for the first time in his career. While multiple teams may be interested, Thompson is focused on joining a team where he can win rather than just chasing money. The Warriors have roster issues to address before extending Thompson, with the veteran guard no longer filling the role of a primary shot creator. Thompson's potential departure from the Warriors could mark a significant change for the team and player alike as they navigate contract negotiations this summer.
Source: YAHOO
Reported 4 months ago
39-year-old Estonian men, Sergei Potapenko and Ivan Turõgin, have been accused of orchestrating a massive fraud worth $575 million targeting U.S. investors. The men allegedly operated a cryptocurrency mining scheme where they misled customers by offering virtual currency mining rights for a fee, but in reality, they had minimal mining capacity and used investors' money to purchase real estate, luxury cars, and gifts. The FBI is investigating the case, and the defendants are facing charges filed in the Western District of Washington.
Source: YAHOO
Reported 4 months ago
Shonda Rhimes bids farewell to the series finale of 'Station 19', a spinoff of Grey's Anatomy, in a special tribute on Instagram thanking the cast, writers, and crew for their talent and dedication. Rhimes acknowledges the impact of the show's characters on building and changing communities through storytelling, expressing gratitude for their transformative power.
Source: YAHOO
Reported 4 months ago
The Chicago Bears will be the 18th team to participate in HBO's "Hard Knocks" documentary, as announced by the NFL, the Bears, and Max. The Bears qualified for forceful participation due to their absence from the documentary in the last 10 years since its inception in 2001. The Bears will be joining other teams like the New York Giants in this offseason version of the documentary, with the Bears' episode set to air on August 6th.
Source: YAHOO
Reported 4 months ago
Draymond Green of the Golden State Warriors rejected critics claiming that the Boston Celtics had an easy path to the NBA Finals, emphasizing the Celtics' ability to adjust and perform well throughout the playoffs despite facing various challenges. Green highlighted his team's own dominant playoff run in 2017 and pointed out that making it to the Finals is always a tough accomplishment, regardless of the opponents faced. The Celtics, who finished the regular season strongly and have only two losses so far in the playoffs, will aim to prove their critics wrong when they face the winner of the Minnesota Timberwolves-Dallas Mavericks series in the Finals starting on June 6.
Source: YAHOO
Reported 4 months ago
A Lebanese-American lawyer, Jinan Chehade, has filed a lawsuit against the national law firm Foley & Lardner, alleging discrimination based on her Arab Muslim background and political statements regarding Israel's actions in Gaza. Chehade claims she was fired by the firm the day before she was supposed to start her job in their Chicago office, following a hostile interrogation about her social media posts and associations. Foley & Lardner maintains that their decision to rescind Chehade's job offer was justified due to her statements regarding attacks by Hamas.
Source: YAHOO
Reported 4 months ago
BuzzFeed shared stories of 24 people discovering that unusual things their bodies do are not normal, creating a community where readers found validation and shared experiences. Examples include someone with synaesthesia seeing sounds, another with indigo-colored sweat due to chromhidrosis, and others with conditions like Alice in Wonderland Syndrome and musical ear. These revelations helped individuals feel less alone in their unique bodily experiences, offering a sense of validation and understanding.
Source: YAHOO
Reported 4 months ago
In a podcast on Yahoo Sports, experts discuss how the run game is experiencing a resurgence in the 2024 NFL season, with a focus on teams weaponizing their rushing attacks and the potential impact on various positions like OCs, WRs, TEs, and linemen. The episode explores trends, efficient teams, and potential top-run teams based on 2023 data, highlighting the evolving strategies in the league.
Source: YAHOO
Reported 4 months ago
New York Giants tight end Darren Waller recently released a bizarre music video titled "Who Knew (Her Perspective)" about his divorce from Las Vegas Aces star Kelsey Plum, complete with scenes re-creating their arguments and a fake Plum stabbing him in the back. Waller explained the song as an attempt to write from someone else's perspective and reflect on personal growth, with the video receiving mixed reactions of derision, confusion, and laughter. Waller, who has faced personal struggles in the past, is also contemplating retirement from football.
Source: YAHOO
Reported 4 months ago
In Tokyo, inflation accelerated in May, with consumer prices excluding fresh food rising by 1.9%, largely due to utility costs related to renewable energy surcharges, matching economists’ expectations. The Tokyo inflation figures typically serve as a leading indicator for national trends, suggesting a similar acceleration nationwide. Despite weaker-than-expected industrial output in April, the Bank of Japan (BOJ) remains on track for a potential rate hike in the coming months, with the governor indicating a gradual increase in interest rates. The BOJ's next policy decision is set for June 14.
Source: YAHOO
Reported 4 months ago
Billionaire investor Nelson Peltz has sold his entire stake in Disney for $1 billion, following a proxy battle. Peltz, who owns Trian Fund Management, sold his shares at $120 per share, adding to his wealth. This move comes after Disney shareholders rejected Peltz's request for multiple board seats, and his criticism of the company's performance and "woke" messaging in its content. After the sale, Disney's stock price dropped to around $100 per share.
Source: YAHOO
Reported 4 months ago
John Mackey是Whole Foods的创始人，他认为进入一家Whole Foods是一种怀旧之情。他最近在《财富》杂志讨论了他的新回忆录《The Whole Story: Adventures in Love, Life, and Capitalism》。Mackey详细描述了公司的诞生和早期发展，从其在德克萨斯州奥斯汀的一间三层维多利亚式住宅中的谦逊嬉皮开始，到其被亚马逊以137亿美元收购的540家商店连锁。他还分享了对迷幻药物的启发，称之为“灵感之源”，并透露了自己的新企业Love.Life的愿景，该品牌将提供冥想、呼吸工作和迷幻疗法等治疗服务。
Source: YAHOO