Reported 5 months ago
Kelly Rowland attracted attention at the 2024 Cannes Film Festival when she appeared to admonish a female security guard on the red carpet. A lip-reading expert revealed that the incident started when the guard stepped on Rowland's dress, leading to an apology from the guard which Rowland initially accepted. However, her demeanor changed when the guard allegedly said something disrespectful, causing Rowland to assertively respond. This incident followed Rowland's previous abrupt exit from NBC's 'Today' show, with sources suggesting it was due to dissatisfaction with her dressing room and persistent questions about her relationship with Beyoncé. Despite the drama, Hoda Kotb and Jenna Bush Hager publicly expressed their admiration for Rowland and welcomed her back on the show.
Source: YAHOO
Reported 5 months ago
The article provides a summer entertainment guide, highlighting upcoming family-friendly movies for the season. Staff picks include "Inside Out 2," where Riley navigates puberty with her emotions, "Despicable Me 4" with Gru and the Minions facing a new nemesis, "The Garfield Movie" following the adventures of the sarcastic cat, "Harold and the Purple Crayon" based on a beloved children's book, and "Descendants: The Rise of Red" for a streaming option with new characters. The guide aims to offer options for both kids and adults to enjoy during the summer months.
Source: YAHOO
Reported 5 months ago
Jack in the Box fans who have been clamoring for the return of the Chick N Tater Melt sandwich will be delighted to know that the fast-food chain is bringing it back for a limited time following its discontinuation last year. Teaming up with rapper and actor Ice Cube, Jack in the Box will offer the Ice Cube Munchie Meal from June 3 to July 14, featuring the beloved sandwich along with other sides and a drink for $12.
Source: YAHOO
Reported 5 months ago
Chinese automaker Li Auto is facing a class action lawsuit from US investors for allegedly overstating the demand for its vehicles, including the Li Mega minivan. The lawsuit claims that Li Auto revised its vehicle delivery outlook for the first quarter of 2024 due to lower-than-expected order intake, leading to losses for investors. Additionally, the lawsuit alleges that the company engaged in securities fraud by failing to disclose accurate information about its business operations and prospects.
Source: YAHOO
Reported 5 months ago
The article highlights 14 iconic and memorable celebrity maternity looks, featuring a range of styles from bump-baring two-pieces to sheer and chic outfits, showcasing how these celebrity moms flawlessly rocked their pregnancy fashion.
Source: YAHOO
Reported 5 months ago
The article discusses Heidi Klum's appearance at the Cannes Film Festival and her poolside moment in a knit gold swimsuit, without revealing its source. It suggests an Amazon dupe for a similar swimsuit look and includes Heidi's emphasis on sun safety, recommending a tinted sunscreen by La Roche Posay.
Source: YAHOO
Reported 5 months ago
Source: BARRONS
Reported 5 months ago
The number of Americans filing for unemployment benefits decreased last week, with jobless claims falling to 215,000. Despite the Federal Reserve's efforts to loosen the labor market, layoffs remained historically low. The four-week average of claims rose slightly to 219,750, indicating stability in the job market. Even though the Fed raised interest rates in a bid to control inflation, the economy remains healthy with strong consumer spending. Job cuts have been announced by various companies recently, leading to a total of 1.79 million Americans collecting jobless benefits as of the week ending May 11.
Source: YAHOO
Reported 5 months ago
Kinder Morgan has acquired oil and gas assets in West Texas from Avad Energy Partners for around $100 million, including 265 wells and 11,600 acres with potential for increased oil production through enhanced recovery techniques like carbon dioxide injection. The deal reflects the industry's response to the Inflation Reduction Act's $60 per tonne tax credit for carbon sequestration, making older oilfields more financially feasible. Kinder Morgan plans to leverage carbon capture incentives to boost production from these properties and is considering divesting older conventional oilfields while focusing on higher-potential assets. The acquisition aligns with the company's commitment to staying in the exploration and production business, with estimates suggesting an additional 100-300 million barrels of oil could be extracted from the acquired field over time.
Source: YAHOO
Reported 5 months ago
Source: INVESTORS
Reported 5 months ago
Nvidia's stock price targets were upgraded by analysts following the company's strong first-quarter earnings report, which revealed record revenue and a positive outlook. CEO Jensen Huang reassured investors about the transition from H100 to H200 chips and the upcoming Blackwell system, prompting analysts to raise price targets and ratings for the stock. Despite concerns about maintaining market share in inference workloads, Nvidia's shares surged to an all-time high of over $1,000, indicating a positive market response.
Source: YAHOO
Reported 5 months ago
Despite Ralph Lauren forecasting annual revenue growth below market expectations, the company beat quarterly results and named insider Justin Picicci as its new chief financial officer, replacing Jane Nielsen. The apparel maker's shares rose 2% in morning trade as it predicted strong margins for the year, with a focus on improving gross margins by up to 100 basis points. Ralph Lauren has been shifting towards direct-to-consumer channels and digital sales to attract more customers, with its fourth-quarter revenue of $1.57 billion surpassing estimates, driven by robust demand in Europe and Asia. Sales in China grew over 25%, and the company reported better-than-expected earnings of $1.71 per share.
Source: YAHOO
Reported 5 months ago
A recent analysis by the Associated Press and CNHI News has revealed that Black Americans are significantly underrepresented in residential care communities, such as assisted living facilities, in the United States. While nearly half of Americans over 65 will require some form of long-term care, Black Americans are less likely to utilize these community living settings and more likely to reside in nursing homes. Factors contributing to this disparity include financial barriers, cultural preferences, insurance coverage, and the physical location of residential care communities, highlighting the complex challenges faced by older Black Americans in accessing appropriate care.
Source: YAHOO
Reported 5 months ago
The article reports that weekly jobless claims in the U.S. have decreased, indicating a strong labor market supporting the economy. The decline in claims follows two consecutive weeks and suggests that despite slowing job growth due to Federal Reserve interest rate hikes, layoffs remain low. Economists note that the labor market remains robust, with companies holding onto workers amid challenges in finding labor. The Federal Reserve has raised interest rates to slow demand, but the labor market continues to show strength, with no major signs of unraveling.
Source: YAHOO
Reported 5 months ago
Saquon Barkley, a running back in the NFL since 2018, recently joined the Philadelphia Eagles as a free agent and feels like a rookie again as he adjusts to a new team, playbook, and organization. Despite his experience, Barkley is embracing the opportunity to learn and grow with his new teammates, aiming to contribute positively to the team. The Eagles are hoping for a fresh start after a challenging season, and Barkley's mindset reflects the team's commitment to improvement and unity.
Source: YAHOO
Reported 5 months ago
Google is partnering with Foxconn to manufacture its Pixel smartphones in Tamil Nadu, India, according to sources. The production of the latest models will take place at Foxconn's existing facility in the state. This move comes as global manufacturers seek to diversify their supply chains away from China, with India being considered as an alternative. The investment in Tamil Nadu is distinct from a separate partnership between Dixon and Google for smartphone production in India. Google, Foxconn, and the Tamil Nadu government have not yet responded to requests for comment on this development.
Source: YAHOO
Reported 5 months ago
A retro dessert recipe called Omaha Cake, shared on Reddit's r/Old_Recipes, has gained popularity among Redditors. The recipe involves a quickbread-style cake made with simple ingredients like sugar, eggs, oil, flour, and baking powder, along with a can of pie filling of choice. The cake is described as reminiscent of home-cooked treats from simpler times. Personalizing the recipe, the author used homemade mulberry preserves turned into pie filling and added a thin powdered sugar icing drizzle on top. Tips for making the cake include using cooking spray for easy removal, checking doneness with a toothpick, experimenting with different pie fillings, and adding citrus juice to the icing for extra flavor.
Source: YAHOO
Reported 5 months ago
Foreign investors are increasingly buying Turkish lira-denominated government bonds, with the largest monthly inflow into the country's domestic debt on record. In the past four weeks, overseas investors purchased a net $5.5 billion of Turkish debt, the highest level since February 2021. This surge in purchases follows Turkey's central bank implementing a larger-than-expected interest rate hike in March, along with promises of monetary orthodoxy and lower inflation. Foreign sentiment towards Turkish assets has improved, with Bank of America strategists recommending lira forwards and Citigroup Inc. suggesting that Turkish markets are on the cusp of a "Renaissance moment."
Source: YAHOO
Reported 5 months ago
According to a Reuters poll of stock analysts, the global equity bull run is showing signs of fatigue, with most major stock indexes not expected to repeat last year's stellar performance. Analysts believe a near-term correction is unlikely, as financial markets are scaling back 2024 rate cut expectations and stock indexes are already trading close to lifetime highs. Despite this, a strong global economy, ongoing tech stock boom, and solid corporate profit fundamentals are likely to prevent any major drop in stock prices in the near future. Most analysts do not foresee a correction of 10% or more over the next three months, with expectations for muted equity returns in 2024. The S&P 500 is forecasted to end the year near current levels, while Japan's NIKKEI index is expected to gain another 5%. European and British stocks are predicted to have little headway or slight declines by year-end, with India's benchmark BSE index leading its peers with a gain of over 8% for the remainder of the year.
Source: YAHOO
Reported 5 months ago
Vanessa Hudgens relied on her experience from her High School Musical days and musical theater background while competing on The Masked Singer as Goldfish in season 11. She expressed gratitude for being able to express herself freely on the show and emphasized the importance of hard work and dedication. Vanessa ultimately won the competition, beating out 14 other celebrity contestants, and shared her journey of self-discovery during her time on the show.
Source: YAHOO
Reported 5 months ago
Mexico's economy showed weak growth at the beginning of the year with a 0.3% expansion in the first quarter and a slowdown in March, while annual inflation accelerated to 4.78% in May, above the 3% target. These economic challenges come just days before the presidential election on June 2, with the next president inheriting a difficult economic situation due to weakening demand for exports, bad weather affecting agriculture, and limited room for interest rate cuts. Despite government spending efforts to boost the economy, the data highlights the struggles the next administration will face in sustaining growth.
Source: YAHOO
Reported 5 months ago
The Red Nose Day 2024 campaign, led by Comic Relief US, aims to fight child poverty by incorporating whimsical and fun elements such as a life-sized cookie, a monster truck ride, and partnerships with brands like Lego. The campaign seeks to evoke childhood wonder and raise donations to support underserved American children, particularly relevant as child poverty rates doubled in 2022 due to the pandemic. Through interactive experiences and partnerships with entertainers and corporations, the campaign hopes to emphasize the importance of providing children with a healthy and joyful childhood.
Source: YAHOO
Reported 5 months ago
Source: BARRONS
Reported 5 months ago
Source: BARRONS
Reported 5 months ago
Mexico's consumer prices rose more than expected in the first two weeks of May, with annual inflation reaching 4.78%, slightly above the forecasted 4.75%. The country's central bank, Banxico, held its interest rate steady at 11% amidst rising inflation pressures, with core inflation slowing to 4.31%. The persistence of high inflation is attributed to strong domestic consumption bolstered by remittances and cash transfer programs, particularly in light of the upcoming presidential election. Banxico's policymakers have revised their inflation forecasts upward, indicating a slow path toward reaching the 3% target by the end of 2025.
Source: YAHOO