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Argentines Need Pesos Amid Milei's Dollarization Pitch

Reported 6 months ago

President Javier Milei's shock-therapy economic policies have led to an unexpected surge in demand for pesos in Argentina, with more people selling their dollar savings for pesos to cope with reduced buying power. The trend, reflected in official central bank data, marks a significant shift from buying dollars to selling them since at least 2018, as Milei abandons price controls and maintains a strong grip on the peso's value, causing higher prices in dollar terms despite a lesser peso devaluation. The president proposes a co-existence of the US dollar and peso as legal tender, alongside plans to eventually close the central bank.

Source: YAHOO

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Conor McGregor UFC 303 Press Conference Cancelled, Fans Concerned About Fight with Michael Chandler

Reported 6 months ago

Conor McGregor's Dublin press conference for the upcoming fight against Michael Chandler at UFC 303 was canceled with no reason given, sparking concerns among fans about the status of the fight scheduled for 29 June in Las Vegas. McGregor's past actions have led fans to speculate that he may be responsible for the cancellation, especially after footage of him partying in Dublin emerged. The postponement comes a week after fans raised issues over McGregor's preparation, as he has not fought since breaking his leg in July 2021.

Source: YAHOO

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Hedge funds ditch shares as bullish bets hurt performance, says Morgan Stanley

Reported 6 months ago

Global hedge funds sold off equities last week, facing a challenging period as U.S. main indexes dropped, impacting their long bets, according to Morgan Stanley. The bank observed the pain concentrated on the funds' long positions, with the S&P 500 falling 0.48% and tech companies like Dell Technologies disappointing. Hedge funds also increased short trades in Europe and Asia. Despite Americas-based long/short funds declining 0.9% for the week versus the S&P's 1.3% drop, they only captured 35% of the index's gains in May, as per Morgan Stanley's report.

Source: YAHOO

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Benefits of Riddles for Kids of All Ages

Reported 6 months ago

Riddles are a fun and beneficial way to engage with kids, promoting critical thinking, problem-solving skills, memory, concentration, attention span, language skills, cognitive development, reasoning, and creative thinking. Riddles also help enhance verbal communication skills, foster creativity and imagination, and can even be used to teach various subjects. Divided into categories for preschoolers, school-aged kids, and tweens/teens, a list of 75 age-appropriate riddles is provided to enjoy with children while reaping these educational advantages.

Source: YAHOO

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Stock market today: Stocks slide amid weak manufacturing data, GameStop rallies after return of 'Roaring Kitty'

Reported 6 months ago

US stocks slid on Monday as the tech-heavy Nasdaq and S&P 500 fell, while the Dow Jones dropped around 1% amid weak manufacturing data and uncertainty over Fed rate cuts. GameStop shares surged over 100% after 'Roaring Kitty' revealed a significant position, sparking speculation of a meme rally. Meanwhile, oil prices fell on OPEC+ production cuts, and Spotify announced price hikes. The ISM report showed further manufacturing contraction, while Nvidia shares rose premarket. Salesforce's disappointing earnings impacted software stocks, and June historically poses challenges for the stock market.

Source: YAHOO

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Justin Timberlake Halts Texas Tour Stop to Help Fan in Need of Assistance: 'House Lights Up'

Reported 6 months ago

During a Texas tour stop, Justin Timberlake paused his performance to assist a fan in need, asking for help from the audience. In a clip shared on social media, he can be heard saying, 'We need some assistance right here about five rows back.'

Source: YAHOO

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Coherent Stock Soars 20% After Announcing New CEO

Reported 6 months ago

Shares of Coherent (NYSE: COHR) surged 19.5% after the laser maker announced that Jim Anderson, CEO of Lattice Semiconductor, will become its new CEO. The news led to a 15% drop in Lattice shares. Anderson's successful leadership at Lattice, with shares rising significantly, has investors excited about his move to Coherent. Coherent, despite recent growth in stock performance, faces challenges such as significant debt and lack of profitability. Investors are hopeful Anderson can help the company address these issues and drive growth.

Source: YAHOO

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De Beers Ends Lab-Grown Diamond Experiment

Reported 6 months ago

De Beers has decided to stop the controversial program of selling lab-grown diamond jewelry after six years, where they aimed to differentiate natural diamonds from man-made stones. The company's CEO is overhauling the business amid the impending split from owner Anglo American Plc, with plans to focus on promoting natural diamonds again. Synthetic diamond prices have dropped, impacting the industry, and De Beers will use up existing inventory of lab-grown stones before deciding the business's future.

Source: YAHOO

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L-Theanine和鎂對焦慮管理的影響

Reported 6 months ago

本文介紹了L-Theanine和鎂這兩種受歡迎的個別補充品如何影響焦慮,以及它們在焦慮和其他情況中可能相互補充的效果。L-Theanine主要存在於茶葉中,可幫助放鬆但保持專注。鎂則是身體內300多種反應中的一種重要礦物質,對心律、血糖控制、神經傳導等過程起著重要作用。建議在醫療專業人員的指導下個別使用補充品,並討論您的具體目標。

Source: YAHOO

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Marjorie Taylor Greene demands Fauci jailed for ‘repulsive evil science’ in heated Covid hearing

Reported 6 months ago

During a chaotic hearing, Rep. Marjorie Taylor Greene verbally attacked Dr. Anthony Fauci, accusing him of engaging in what she called 'repulsive evil science' while demanding he be prosecuted. Greene criticized Fauci for his comments on science and research funding, particularly highlighting experiments on beagles under NIH. The intense exchange took place at the Select Subcommittee on the Coronavirus Pandemic, where Republicans aimed to challenge Fauci on his role in Covid-19 origins and response.

Source: YAHOO

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Proposal Revealed for Bank of America Stadium Renovations in Charlotte

Reported 6 months ago

The Carolina Panthers and the city of Charlotte have unveiled a proposal for renovating Bank of America Stadium, with plans to share costs. The city would contribute $650 million from existing taxes, while Panthers ownership would invest at least $688 million, including past spending and future commitments. The goal is to enhance fan experiences, drive economic impact, and ensure the stadium remains a valuable asset for the community through 2045. Charlotte's city council will review the proposal in the upcoming weeks.

Source: YAHOO

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Russian disinformation campaign targets Paris Olympics, says Microsoft

Reported 6 months ago

Microsoft reported that Russia has intensified an online disinformation campaign aimed at France and the upcoming Paris Olympics, featuring fake news websites and a documentary film to discredit the International Olympic Committee and suggest potential violence at the games. The campaign, attributed to Russian-backed entities known as Storm-1679 and Storm-1099, involved fabricated threats against Israelis attending the Olympics, with a feature-length film titled 'Olympics Has Fallen' created to criticize IOC leadership. Microsoft warned that the Kremlin's propaganda machine is likely to continue undermining the games as they approach, especially after the IOC's decision to allow Russian athletes to compete as neutrals.

Source: YAHOO

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Dollar Tree Q1 earnings: What to expect

Reported 6 months ago

Dollar Tree (DLTR) is set to release its first quarter earnings report as part of a strategic turnaround plan. Analysts are expecting Q1 EPS of $1.44 on revenue of $7.6 billion, representing a 4% growth. CEO Rick Dreiling has been implementing changes, such as opening new Dollar Tree stores and closing unprofitable Family Dollar locations. Despite facing challenges like inflation and changing consumer behavior, Dollar Tree is focusing on price adjustments and strategic store openings to navigate the current environment.

Source: YAHOO

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2024年界定“股息年”的5支股票

Reported 6 months ago

本文探讨了自1927年以来股息再投资对标普500总回报的显著影响,尤其是在美国债券收益率下降时。随着利率的下降,具有股息支付的股票变得更具吸引力,其股息更加吸引人。分析师指出,2024年将成为“股息年”,预计利率下降将推动货币市场基金的收益率下降。在此背景下,投资者将受益匪浅,其中一些推荐的股票包括Bristol-Myers Squibb、Cisco Systems、Civitas Resources、Nike和Gilead Sciences。

Source: YAHOO

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Technical issues briefly halt trading for some NYSE stocks in the latest glitch to hit Wall Street

Reported 6 months ago

A technical issue caused the temporary halt of trading for some New York Stock Exchange stocks, leading to at least one stock, Berkshire Hathaway, experiencing a brief 99.97% price plunge before recovering. The NYSE stated that trading was halted for several stocks due to a technical issue related to pricing data publication, but the problem was resolved. This incident follows recent glitches in Wall Street, including a delay in real-time pricing for the S&P 500 index and the implementation of a faster stock trade settlement system recommended by the SEC after the 2021 'meme-stock' craze.

Source: YAHOO

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Where to start when planning for retirement

Reported 6 months ago

Retirement planning has evolved with the rise of contribution plans like 401Ks as the main source of retirement income. Goldman Sachs Asset Management Senior Retirement Strategist, Chris Ceder, emphasizes the importance of saving early for retirement and personalized planning, especially for Gen X. This generation is lagging in retirement savings compared to Gen Z and millennials. The article discusses how different generations are adapting to the changes in retirement planning and the importance of technological innovations in providing personalized retirement plans for individuals.

Source: YAHOO

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Struggles of a Former Stay-at-Home Dad Trying to Re-Enter the Workforce After Nearly 20 Years

Reported 6 months ago

A Gen X stay-at-home dad who became a full-time caretaker in the mid-2000s and later faced divorce is now finding it challenging to secure a job he's qualified for after nearly two decades out of the workforce. Having difficulty bridging the gap in his work history and skills, he ponders entry-level positions while hoping his settlement money will last a few more years before seeking employment opportunities such as teaching, hospitality, national parks, or office roles, even considering relocating to a more affordable area. Juggling parenting responsibilities until his kids graduate high school, he anticipates a delayed career return.

Source: YAHOO

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Mike 'The Situation' Sorrentino Drug Addiction and Recovery Journey

Reported 6 months ago

Mike 'The Situation' Sorrentino, known from 'Jersey Shore,' revealed on a podcast that he spent $600,000 annually on opioids and cocaine before hitting 'rock bottom'. Reflecting on his past as a drug dealer and his struggles with addiction, Sorrentino credited his path to recovery to therapy, anger management, and self-awareness. He emphasized the importance of addressing addiction physically, mentally, and spiritually, offering advice to others to seek help and not give up on themselves. Despite facing legal issues and a prison sentence, Sorrentino has been sober for nine years, crediting his wife for her unwavering support throughout his journey.

Source: YAHOO

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Trevor Lawrence Hopes for Extension Before Training Camp

Reported 6 months ago

Jacksonville Jaguars quarterback Trevor Lawrence expressed his wish to have a contract extension finalized before the start of training camp to move forward with peace of mind. Lawrence, not stressing over the deal, trusts it will be resolved, as head coach Doug Pederson revealed ongoing negotiations with Lawrence's representatives for a new deal after missing the playoffs last season.

Source: YAHOO

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Bitcoin Briefly Tops $70,000 With GameStop Mania Spurring Crypto

Reported 6 months ago

Bitcoin briefly surpassed $70,000 as crypto investment products saw inflows for the fourth consecutive week, driven by the GameStop frenzy and memecoin speculation. Inflows of $185 million were recorded in the week through May 31, with investors putting $2 billion into digital-asset products, including Bitcoin ETFs. The surge in Bitcoin was attributed to a spillover effect from GameStop's gains fueled by a Reddit account, leading to a rise in other cryptocurrencies. A cryptocurrency on the Solana blockchain using GameStop's name and logo surged over 120% on Monday, despite having no affiliation with the company. Ethereum also saw increased inflows, following excitement over ETFs investing in Ether in the US.

Source: YAHOO

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Markets Are Unhappy With Sheinbaum’s Landslide Win in Mexico. Here’s Why.

Reported 6 months ago

Writing summary...

Source: BARRONS

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Sophia Bush and Ashlyn Harris Kiss in Front of the Eiffel Tower on Romantic Paris Getaway

Reported 6 months ago

Ashlyn Harris and Sophia Bush are enjoying a romantic getaway in Paris, as shared by Harris on Instagram. The couple, who started dating in Oct. 2023, were seen kissing in front of the Eiffel Tower and admiring sunsets during their vacation. Bush recently addressed engagement rumors and expressed joy after publicly coming out as queer. Harris showed support for Bush's essay on her Instagram Stories, stating 'Proud of you babe.'

Source: YAHOO

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Spencer Rattler needs some coaching on how to paint the Saints’ logo

Reported 6 months ago

During the NFL Rookie Premiere, Spencer Rattler, the New Orleans Saints quarterback, attempted to paint his team's logo but ended up with a muddied star instead of the recognizable fleur-de-lis. Despite his artistic struggles, Rattler took it in good humor, adding gold glitter to his creation. The event has been a hit with rookies, showcasing their painting skills, with Rattler's attempt drawing attention for its unique interpretation.

Source: YAHOO

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Test of Male Birth Control Treatment Produces Promising Results

Reported 6 months ago

A new male birth control gel, containing testosterone and the synthetic hormone Nesterone, has shown promising results in clinical trials by effectively reducing sperm count without affecting libido. The gel, applied daily to the shoulder blades, reduced sperm counts to below one million per millimeter, making it a potential contraceptive option. With minimal side effects reported by participants, such as acne and weight gain, the gel could be a game-changer if approved by the FDA, offering a new male birth control alternative to vasectomies and condoms.

Source: YAHOO

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Stuart Hogg in shock retirement U-turn after ‘reset’ in rehab

Reported 6 months ago

Stuart Hogg is in talks to join Montpellier in the Top 14 after surprising retirement last summer, despite discussions with Newcastle Falcons last month not materializing. Hogg, who faced legal issues involving his estranged wife, spoke about his rehab journey and the need for a reset. Montpellier, who have also signed Billy Vunipola and controversially Mohamed Haouas, are considering adding Hogg to their roster for the upcoming season.

Source: YAHOO

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