Reported 5 months ago
Federal Reserve Governor Christopher Waller expressed the need for holding interest rates higher for longer and waiting for more favorable inflation data before considering rate cuts. Hennion & Walsh CIO Kevin Mahn highlighted warning signs of an economic recession, including slowing GDP growth in the first quarter, decreased consumer sentiment, rising unemployment, and a consumer burdened with debt reducing spending. Mahn suggested that the market may have overestimated the Fed's ability to execute a soft landing, but anticipates that when the first rate cut occurs, both stocks and bonds will benefit.
Source: YAHOO
Reported 5 months ago
Los Angeles Lakers guard Austin Reaves fell short of qualifying for the Korn Ferry Tour event in Tennessee after shooting a 6-over 76 in the Monday qualifying round, placing him 11 shots behind the mark needed to make the tournament. Reaves, who is an avid golfer with a +2.2 Handicap Index, decided to participate in the event on a whim after being bored at home. Despite not making the cut, Reaves found the experience to be fun and challenging.
Source: YAHOO
Reported 5 months ago
The lead contractor building a Texas liquefied natural gas (LNG) plant for QatarEnergy and Exxon Mobil, known as Golden Pass LNG, has filed for Chapter 11 bankruptcy protection. Zachry Holdings, the main contractor for the $10 billion project, cited challenges at the site, including cost issues and unsuccessful negotiations for additional funding. Exxon, with a 30% stake, plans to review construction timing and continue supporting the project, which is expected to significantly expand U.S. LNG exports in the next year.
Source: YAHOO
Reported 5 months ago
Vince Gilmer, a former doctor serving life for murder and suffering from Huntington's disease, is expected to be released from prison this week after a conditional pardon granted in 2022. Despite delays and strict terms of the pardon, advocacy efforts have secured a hospital placement for him, providing more dignified care in his terminal phase. His case, involving the murder of his father whom he accused of abuse, gained attention through a popular radio program and book, highlighting flaws in the legal and healthcare systems.
Source: YAHOO
Reported 5 months ago
A Ryanair passenger removed the wheels from their suitcase in an attempt to avoid being charged extra fees by the airline, as reported by the NY Post on May 21, 2024.
Source: YAHOO
Reported 5 months ago
Caitlin Clark, a breakout basketball star, recently achieved a milestone by becoming the first female athlete since Michael Jordan to sign a multiyear deal with Wilson Sporting Goods Co. for her own signature basketball collection. The WNBA player will collaborate with the company on various basketball products, serve as a brand ambassador, and creatively direct her first-ever signature basketball line. This groundbreaking deal marks a significant moment for female athletes in the sports industry.
Source: YAHOO
Reported 5 months ago
The third season of "Bridgerton" has achieved its highest opening weekend viewership to date, with the first half of the season garnering 45.05 million views globally on Netflix after its May 16 premiere, translating to about 165.2 million hours of viewing time. This surpasses the previous season's opening weekend numbers, with the shorter run time and increased global subscriber base contributing to its success. Season three also marks the highest single weekly view count for any Netflix series since the streaming platform began ranking titles by views in June 2023.
Source: YAHOO
Reported 5 months ago
Dolphins coach Mike McDaniel confirmed that quarterback Tua Tagovailoa has been in and out of the team's offseason program, participating in Nick Saban's golf tournament. Tagovailoa has lost 10 to 15 pounds, aiming to be more agile in the upcoming season after a successful 2023 season where he led the league in passing yards.
Source: YAHOO
Reported 5 months ago
The Thai seafood supplier that owns Red Lobster Management LLC is disputing allegations that it pressured the now-bankrupt business into taking its shrimp while former management promoted an “endless” shrimp deal at its restaurants. The seafood supplier, Thai Union Group Plc, refutes claims made in a sworn statement by Red Lobster's CEO, Jonathan Tibus, regarding the company's influence on shrimp purchasing and the financial impact of the shrimp deal. Red Lobster recently filed for Chapter 11 bankruptcy and has a pending sale agreement with Fortress Investment Group.
Source: YAHOO
Reported 5 months ago
Tom Brady recently shared valuable advice with 2024 NFL rookies, emphasizing the importance of treating every day of practice as crucial, regardless of the event, and highlighting the significance of teamwork over individual branding on social media. Brady, along with Jay-Z and Fanatics CEO Michael Rubin, provided inspiration and insights to rookies like Drake Maye, Caleb Williams, and Jayden Daniels at a recent event, stressing the importance of mental toughness, football IQ, work ethic, and preparedness in addition to talent for achieving success in the NFL.
Source: YAHOO
Reported 5 months ago
Raheem Morris is bringing a new culture to the Atlanta Falcons team, aiming to maintain the existing foundation while adding his touch to it. With a mix of proven and young talent, including controversial moves like signing Kirk Cousins and drafting Michael Penix Jr., Morris is focused on reshaping the team amidst significant changes in the quarterback room. Early impressions of Morris and his coaching staff have been positive, as they emphasize a friendly and supportive environment that prioritizes hard work and improvement. The team is currently in offseason preparation mode, building excitement and optimism as they look ahead to the upcoming season under Morris' leadership.
Source: YAHOO
Reported 5 months ago
Lucy Hale dazzled in metallic Miu Miu sandals at the Cannes Film Festival while attending an event hosted by the brand. This appearance coincided with the launch of her new film project "Good Life," an Italian coming-of-age tale. Hale has been showcasing elevated pumps at recent events, such as shiny black pointed pumps at the Vanity Fair Europe event, but is also known for sporting casual sneakers like Alo Yoga's classic sneakers. The Miu Miu sandals she wore featured artificial crystals and a silver color design, aligning with the brand's edgy and bold aesthetic.
Source: YAHOO
Reported 5 months ago
Shares of fuel cell manufacturer Bloom Energy (NYSE: BE) surged by 10.1% due to being highlighted as a top pick in Barron's Magazine, as the company is poised to benefit from increasing energy demand resulting from AI data center buildouts. Bloom's unique fuel cell technology can provide grid-independent power sources for data centers, with recent partnerships with cloud data center operators like Intel. Despite recent revenue declines, Bloom's forecasted revenue growth and potential for positive operating income in 2024 make it a growth stock to watch, although its $3.3 billion market cap post-surge doesn't make it a cheap stock.
Source: YAHOO
Reported 5 months ago
Newly hired American Airlines flight attendants are facing challenges due to low starting wages, long working hours, and the inability to renegotiate wages since 2019. A leaked employment verification letter reveals that new flight attendants can expect a yearly salary of $27,315 before taxes, sparking discussions on fair wages and the impact of inflation. The union representing American Airlines workers has raised concerns about the low pay, which qualifies some attendants for food stamps in certain states, highlighting disparities between employee earnings and executive salaries. Negotiations for a new contract are ongoing to address these issues, including demands for higher hourly wages and compensation for unpaid work hours.
Source: YAHOO
Reported 5 months ago
The article highlights 22 easy pasta salad recipes perfect for spring and summer, ideal for BBQs or as a side dish for grilled meat or fish. From Mediterranean Orzo Salad to Chicken Caesar Pasta Salad and Garlicky Tomato Pasta Salad, there are options for vegans, vegetarians, and omnivores. The recipes feature a variety of flavors, such as Thai-inspired noodle salad, Tex-Mex flavors, and BBQ chicken pasta salad. These pasta salads are quick to make and offer a refreshing and flavorful option for warm-weather dining.
Source: YAHOO
Reported 5 months ago
Aaron Rodgers, the Jets quarterback, provided an update on his return from a torn Achilles injury, stating that he feels physically good with no limitations during team activities. However, he noted the need to sharpen the mental aspect of his game following an extended layoff. Rodgers expressed confidence in his abilities but acknowledged the pressure to perform better this season to secure his place on the team.
Source: YAHOO
Reported 5 months ago
The article discusses how a licensed insurance agent managed to lower her car insurance rate after facing a significant increase. She suggests five steps to take if experiencing a rate hike: understand the cause of the increase, review coverage needs, seek applicable discounts, consider the vehicle being insured, and explore shopping around for better rates. By adjusting coverage, reinstating discounts, and optimizing the policy, she was able to lower her premium without compromising protection.
Source: YAHOO
Reported 5 months ago
A worker at a Queens liquor store in Ridgewood, NYC, was arrested after a robber was shot inside the store during an attempted robbery. The worker, Francisco Valerio, 53, was charged with reckless endangerment. The incident involved two 20-year-old men who assaulted Valerio, with one of them being shot in the abdomen and taken to the hospital in critical condition. Authorities are still working on identifying the suspects and pending charges.
Source: YAHOO
Reported 5 months ago
Apple is seeking to have a U.S. antitrust lawsuit, filed by the Justice Department and 15 states in March alleging the company monopolized the smartphone market, dismissed. Apple argues that it faces strong competition from established rivals, and the complaint fails to prove the ability to charge supra-competitive prices or restrict output. The lawsuit accuses Apple of using its market power to extract more money from various entities, but Apple refutes these claims, stating that consumers have the choice to switch to competitor platforms if unhappy with Apple's limitations.
Source: YAHOO
Reported 5 months ago
Starwood Capital Group's SREIT, one of America's largest REITs, is facing a severe cash crunch due to challenges in the real estate market, including higher borrowing costs, fewer buyers, and investor redemption requests. Despite receiving $1.3 billion in redemption requests in Q1 2024 and only paying out less than half, SREIT's liquidity has decreased significantly, with its current balance at $750 million. Options to ease the crisis include selling assets, halting redemptions, or borrowing, all of which come with significant drawbacks. If SREIT fails to navigate these challenges, it could have long-term implications for REIT investing.
Source: YAHOO
Reported 5 months ago
The article provides a simple recipe for a four-ingredient pasta salad that utilizes store-bought shortcuts for convenience. The key ingredient is marinated mini mozzarella balls, which act as both cheese and dressing. The other ingredients include cooked pasta and two of your choice, such as vegetables, cured meats, or herbs. Suggestions for ingredient combinations are given, along with step-by-step instructions on how to make the pasta salad. The dish can be prepared ahead of time and is perfect for summer cookouts or picnics.
Source: YAHOO
Reported 5 months ago
The article discusses how favorite colors can reflect personality traits. For example, white symbolizes purity and innocence, red represents boldness and intensity, purple signifies sophistication and creativity, blue conveys trust and calmness, green is associated with growth and vitality, orange represents energy and warmth, yellow is linked to positivity and brightness, and pink exudes tenderness and femininity. Each color is connected to specific characteristics and emotions, offering insights into individual preferences and personalities.
Source: YAHOO
Reported 5 months ago
Houston Texans wide receiver Tank Dell participated in the team's organized team activities just over three weeks after being one of 10 victims shot outside an Orlando bar on April 28. Dell, who suffered a minor leg injury in the shooting, joined his teammates in drills and was not limited in practice. Despite missing games due to a broken leg earlier in the season, Dell's trainer confirmed he is back to 100% fitness and ready to play.
Source: YAHOO
Reported 5 months ago
The article discusses the screen time of castaways on the 46th season of "Survivor" after 23 days of gameplay. The data was calculated based on stand-alone screen time, excluding certain moments, and will be updated after the season finale. The final five players are from different tribes, with speculation about who will secure enough jury votes to win the $1 million grand prize.
Source: YAHOO
Reported 5 months ago
Connecticut Sun's Alyssa Thomas has been named the WNBA Eastern Conference Player of the Week for her outstanding performances in the 2024 season, leading her team to a 3-0 record. Thomas is averaging nearly a triple-double with 16.7 points, 11.7 rebounds, and 9.3 assists per game. This marks her 10th Player of the Week award in her career, and she is off to a strong start, making history with impressive stats.
Source: YAHOO