Reported 6 months ago
Berkshire Hathaway Inc. Chairman and CEO Warren Buffett asserts that the economic gap is not caused by the rich exploiting the poor but is a consequence of an advanced market-based economy. Buffett proposes expanding the Earned Income Tax Credit (EITC) as a solution to address income inequality, emphasizing that other approaches like increasing the minimum wage may have adverse effects. Despite adjustments to the EITC in 2024, Buffett's comprehensive vision for the program remains unfulfilled, while bipartisan support for the Child Tax Credit (CTC) aims to uplift children out of poverty.
Source: YAHOO
Reported 6 months ago
France forward Kylian Mbappe, 25, has shared that 'things and people made me unhappy' during his final year at Paris St-Germain, where he is the club's all-time leading goalscorer. Refusing a contract extension last August led to a stand-off with PSG. Mbappe praised PSG boss Luis Enrique and adviser Luis Campos for helping him, and he looks forward to joining Real Madrid on a five-year deal, expressing excitement and humility for this new chapter.
Source: YAHOO
Reported 6 months ago
Ashley Graham, a model and advocate for size inclusivity, has released a book titled 'A Kids Book About Beauty' to empower children ages 5 to 9 to embrace themselves. She emphasizes the importance of positive self-talk and teaching her three sons about self-acceptance and healthy eating habits. Graham believes in leading by example and instilling positive ideals in children through self-love and confidence.
Source: YAHOO
Reported 6 months ago
The resurgence of meme trading sparked by a post from 'Roaring Kitty' raises questions on whether social media can be trusted for financial guidance. Yahoo Finance contributor Ross Mac analyzes the advantages and drawbacks of relying on online platforms for investment advice. He emphasizes the importance of caution, due diligence, and qualification of advice-givers when considering financial tips from social media or online forums to avoid falling prey to scams or losing money. It's crucial to assess the credibility of the source, do thorough research, and make investments wisely without risking substantial losses.
Source: YAHOO
Reported 6 months ago
A technical glitch at the New York Stock Exchange led to trading halting on 40 stocks, including Berkshire Hathaway's class A shares inaccurately displayed as plummeting 99.9%. The article discusses market guardrails like market wide circuit breakers, limit up/limit down pauses, and clearly erroneous trades implemented to prevent unnecessary volatility. A breakdown of these safety measures and how the stock exchange detects and handles issues is provided, with insights on recent incidents and actions taken by exchanges to maintain market integrity.
Source: YAHOO
Reported 6 months ago
儘管在過去一個月大幅下降，但房屋貸款利率仍遠高於7%，前瞻下一次美國就業報告和聯邦儲備委員會政策制定者下次會議。根據HousingWire的Mortgage Rates Center顯示，30年定期貸款平均利率在週二為7.23%，與一週前僅下跌2個基點，與過去一年相比，30年利率從6.88%上升至今年的 6.94%。最新的10年期美國國債利率波動，以及去年與今年之間的息差改善，影響了貸款利率。聯邦勞工局預計將於周五公佈5月份的就業報告，預測當月新增19萬個職位，失業率預計將保持在3.9%。聯邦公開市場委員會將於6月11-12日舉行會議並公佈經濟預測摘要。預計聯儲局不會改變基準利率，預期2024年的多次利率下調預期已破滅。
Source: YAHOO
Reported 6 months ago
来自缅因州的蓝移航天公司计划从明年开始从东北部最偏远的地方发射小卫星，以将缅因州变成商用纳米卫星发射的中心。公司已经进行了超过三年的努力，并最近成功进行了一轮筹资，使商业亚轨道发射计划有望在2025年开始。蓝移公司的CEO兼创始人Sascha Deri表示，目前小型卫星市场依赖大型公司（如埃隆·马斯克的SpaceX）部署卫星，导致等待时间过长。从缅因州发射小型卫星可以改变这一现状。
Source: YAHOO
Reported 6 months ago
In the latest April's US Job Opening and Labor Turnover Survey (JOLTS), a decline in job openings to 8.06 million was reported, the lowest since February 2021. Bankrate Senior Economic Analyst Mark Hamrick notes that this normalization reflects the economy's process post-pandemic disruptions, indicating a relatively healthy post-COVID stabilization. He mentions the Federal Reserve's focus on stable prices, attributing the inflation to supply chain disruptions rather than wage gains. Hamrick expects one to two rate cuts by the end of the year, highlighting that there's a long way to go before reaching that point.
Source: YAHOO
Reported 6 months ago
Kristaps Porzingis is likely to make his return in Game 1 for the Boston Celtics after being sidelined for over a month with a calf injury. Although there is some uncertainty surrounding his condition, Porzingis' comeback is crucial for the Celtics as they face the Dallas Mavericks in the NBA Finals, providing them with a key player for both offense and defense. The Celtics plan to keep his status as a game-time decision until the official practice open to the media on Wednesday.
Source: YAHOO
Reported 6 months ago
The article provides a comprehensive list of past winners of the U.S. Open golf tournament from 1895 to the present day, including details on the scores, venues, and champions of each year's event. Notable champions like Tiger Woods, Jack Nicklaus, and Ben Hogan are highlighted, showcasing the tournament's rich history and prestigious winners at courses such as Torrey Pines, Winged Foot, and Pebble Beach.
Source: YAHOO
Reported 6 months ago
A Redfin survey shows that 91% of Gen Z adults prioritize housing affordability as their top voting issue for the upcoming 2024 election, influenced by high mortgage rates and low inventory levels. Redfin's Chief Economist emphasizes the need for increasing supply to sustainably address affordability, noting that short-term rental affordability may improve in areas with growing inventory. Homebuyers are advised to prioritize affordability when making purchase decisions in the current market environment, as the housing market continues to face challenges amidst inflation pressures.
Source: YAHOO
Reported 6 months ago
Major League Baseball has issued a lifetime ban to San Diego Padres' Tucupita Marcano for betting on baseball games involving his own team while injured in the 2023 season, placing over 387 bets totaling $150,000. Marcano lost every parlay involving the Pittsburgh Pirates, the team he was on, winning only 4.3% of his MLB bets. Four other players were suspended for one year for gambling on baseball. This incident is part of a series of recent gambling scandals in various sports leagues.
Source: YAHOO
Reported 6 months ago
Mexico's incoming administration, led by Finance Minister Rogelio Ramírez, has committed to lowering the federal budget deficit from nearly 6% to about 3% of GDP in the upcoming years to address the recent financial turmoil. The Mexican peso and stock markets experienced significant declines, prompting efforts to stabilize the economy, including promises to improve the financial situation of Petroleos Mexicanos. However, analysts express doubts on the feasibility of achieving a rapid deficit reduction, which may impact Mexico's sovereign debt rating. Claudia Sheinbaum, the presidential candidate of President Andrés Manuel López Obrador's Morena party, won the recent election, potentially signaling changes that could impact democratic institutions and business environment in Mexico.
Source: YAHOO
Reported 6 months ago
After the NY Rangers' loss to the Florida Panthers in the Eastern Conference Final, players shared insights on the season's end. Adam Fox revealed playing through a knee injury during the playoffs, despite underperformance. Chris Kreider remains optimistic about the team's championship potential, while Vincent Trocheck acknowledged Igor Shesterkin's outstanding play. Coach Peter Laviolette expressed disappointment with falling short of their Stanley Cup goal, highlighting the belief and determination within the organization to achieve success in the future.
Source: YAHOO
Reported 6 months ago
A National True Cost of Living Coalition survey shows that nearly half of respondents lack $500 in savings, while one in five Americans do not have an emergency fund, according to Bankrate. Financial expert Monique White advises starting saving as soon as possible, even if it's just $15, and suggests methods like automatic transfers and credit builder accounts. By tailoring savings plans to individual financial situations, individuals can establish different funds for emergencies, regular expenses, retirement, and aspirations, rather than aiming for a traditional 3 to 6-month emergency fund. Prioritizing retirement accounts and taking advantage of employer match programs are also crucial steps in preparing for future financial stability.
Source: YAHOO
Reported 6 months ago
Between (2015) Season 2 is a Canadian TV series available for streaming on Netflix. Starring Jennette McCurdy, it follows the story of a pregnant teenager in a town plagued by a mysterious illness. Season 2 explores new dynamics among characters like Wiley, Adam, Chuck, Liam, and more. To watch, users can access Netflix through different plans starting at $6.99 per month, offering ad-supported to ad-free viewing options in HD or Ultra HD on various devices. The show delves into the aftermath of a calamity that affects only those under 21, focusing on the challenges faced by survivors left to their own devices.
Source: YAHOO
Reported 6 months ago
Major League Baseball's plans to hold a series in Paris fell through due to various factors, leading to the upcoming Mets-Phillies London Series at London Stadium. MLB aims to emphasize the UK for international growth, with the London games proving successful economically and in expanding the league's global exposure. While there are no immediate plans for games in Paris, MLB continues to explore potential international locations and venues, with London being a successful base for expanding into Europe.
Source: YAHOO
Reported 6 months ago
ABB主席彼得·沃瑟表示，雖然ABB公司未見到電動化和自動化領域的放緩，但卻注意到美國補貼和補助的減少正在影響建設電動汽車充電基礎設施。他指出這需要更多的私人資金和投資，因為電動汽車需求存在，並強調電動車充電基礎設施需要私人主導的推動。沃瑟還就拜登總統對中國進口徵收關稅發表看法。
Source: YAHOO
Reported 6 months ago
美國的商務旅行已經回歸，紐約的一次行業會議上，酒店高層表示各家公司正在以比疫情前更高的水平和價格預訂商務旅行。但大型公司現在更著重於美國境內的旅行，而不再進行長途國際商務旅行。小型和中型企業在過去幾年中帶動了恢復，但大型企業的預訂量也在上升。酒店CEOs指出商務旅行的回升也推動了團體商務旅行的復甦。
Source: YAHOO
Reported 6 months ago
The spread of highly pathogenic avian influenza from poultry to cattle, and recently to humans, has sparked worry among federal and state authorities in the US. With outbreaks affecting dairy farms and a few cases in farmworkers, officials are closely monitoring the situation but believe the risk to the public is currently low. Government agencies are collaborating to combat the virus, conducting tests on cattle and implementing biosecurity measures. Despite concerns, efforts aim to contain the spread and mitigate economic impacts on farmers.
Source: YAHOO
Reported 6 months ago
Ippei Mizuhara, the ex-interpreter for baseball star Shohei Ohtani, is set to plead guilty to bank and tax fraud in a sports betting scandal where he embezzled nearly $17 million from Ohtani. Mizuhara misused his relationship with Ohtani to steal money for sports gambling, with winning bets totaling $142 million and losing bets around $183 million. Despite no evidence of Ohtani's involvement, Mizuhara faces serious charges with up to 30 years in federal prison for bank fraud and up to three years for subscribing to a false tax return.
Source: YAHOO
Reported 6 months ago
The Logic是一家加拿大的商業和科技新聞出版物，從包括Financial Times集團風險投資部門在內的一組投資者處籌集了新的擴張資金。FT Ventures將成為這家位於多倫多的新聞公司的少數股東，該公司於2018年成立。該公司的業務模型主要基於付費訂閱，過去六個月內增長了近60％。
Source: YAHOO
Reported 6 months ago
During a recent interview, Patriots' offensive coordinator Alex Van Pelt expressed his satisfaction with the development of rookie quarterback Drake Maye, the No. 3 overall pick in this year's draft. Van Pelt commended Maye for grasping the team's instructions and improving his play on the field, particularly in areas like calling plays from the huddle and maintaining rhythm while playing. Despite the positive strides, Maye is not expected to be the starting quarterback for New England in the immediate future, as current quarterback Jacoby Brissett remains in that role. However, as Maye continues to improve, it is believed he will eventually take over as the starting quarterback.
Source: YAHOO
Reported 6 months ago
Miley Cyrus is reportedly still seeking closure and hoping for a face-to-face meeting with Liam Hemsworth to fully move on from their past relationship. Despite claiming she doesn't want to reconcile, Miley feels she needs closure that Liam is unwilling to provide, as he has moved on from their relationship and doesn't see the need to revisit their past. Miley's frustration is heightened by the fact that Liam maintains close relationships with her family members, making her feel hurt by his avoidance.
Source: YAHOO