Reported 6 months ago
At UFC 302 in Newark, fighters received a total of $281,500 in UFC Promotional Guidelines Compliance pay, with Islam Makhachev earning the highest at $42,000. The program replaces the previous Athlete Outfitting Policy and pays fighters based on their number of UFC bouts and other relevant experience, with champions receiving $42,000 and title challengers $32,000. Additionally, fighters also receive royalty payments for UFC merchandise sales bearing their likeness. The total amount paid out in 2024 so far is $3,264,500.
Source: YAHOO
Reported 6 months ago
Stocks concluded the month of May with a stumble as investors paused on AI enthusiasm and speculated about the Federal Reserve's interest rate trajectory. This week, focus is on the labor market updates, including the May jobs report release on Friday, job openings data, private wage growth updates, and service and manufacturing sector activity readings. The market also awaits earnings reports from companies like CrowdStrike, Lululemon, and Dollar Tree. May's inflation update showed a slight increase, impacting investor expectations of rate cuts. The article also mentions a potential lack of breadth in the market rally and highlights the importance of broadening participation for sustained market growth.
Source: YAHOO
Reported 6 months ago
Writer, educator, and finance TikTok creator Kyla Scanlon highlights common misconceptions many Americans have about the economy, such as ignoring its relevance and misunderstanding concepts like inflation. Scanlon's observations reveal the diverse economic realities experienced by individuals. The discussion covers various economic aspects, including social media, Scanlon's new book 'In this Economy? How Money and Markets Really Work,' and expert insights presented in the full episode of Asking for a Trend by Yahoo Finance.
Source: YAHOO
Reported 6 months ago
A mother seeking advice from Slate's parenting column, Care and Feeding, expresses fury towards her own mom for taking her 5-year-old child out without permission in unsafe conditions. The columnist suggests considering the mother's potential mental health issues while deciding on future interactions. In another scenario, a parent grapples with the realization that their deceased sister may have neglected her son, seeking advice on how to handle the situation. Additionally, a parent is unsure about their discomfort regarding a friend's mother's values and political beliefs impacting their daughter's friendship, and finally, an uncle seeks advice on taking his grieving niece on a trip despite objections from his sister-in-law.
Source: YAHOO
Reported 6 months ago
The article discusses the increasing trend of tech companies paying dividends to investors, highlighting companies like Microsoft, Taiwan Semiconductor, and Oracle as good options. Microsoft, with a reliable dividend history and strong market position, offers potential for long-term dividend growth. Taiwan Semiconductor, dominating the semiconductor industry, provides a sustainable dividend yield. Lastly, Oracle, known for database management and cloud services, shows steady market outperformance and dividend growth potential, making it a favorable choice for tech investors.
Source: YAHOO
Reported 6 months ago
As enthusiasm for artificial intelligence and China’s economic stimulus wanes, sinking corporate profits in emerging markets are causing concern for equity investors. With nearly half of companies in the MSCI Emerging Markets Index missing analyst estimates and profits down 10% compared to the previous year, the sustainability of the $2.1 trillion rally fueled by AI-related stocks is in question. Weak earnings momentum in China and rising operating expenses in other regions are contributing to the struggle, with the MSCI EM index facing potential declines of 10% to 15% if companies continue to miss estimates.
Source: YAHOO
Reported 6 months ago
The Motley Fool article discusses the current status of Nvidia (NASDAQ: NVDA) stock after exceeding Wall Street's expectations in its first-quarter report, attributing the success to the demand for AI systems and generative AI platforms. With a market capitalization of $2.85 trillion, Nvidia's stock reached all-time highs. While the company has various growth catalysts, including strong financial performance, demand for AI chips, and new applications, its high valuation and stock performance suggest caution in buying now. The article suggests holding onto Nvidia shares and waiting for a potential price correction before considering additional investment.
Source: YAHOO
Reported 6 months ago
South Africa’s ruling African National Congress (ANC) has initiated talks with potential allies to form a government after losing its parliamentary majority, prompting a coalition discussion. Despite the electoral setback diminishing ANC's power to around 40.2% of the vote, the party is exploring various options, including coalition agreements or a possible rerun of the election. The party is firm on President Cyril Ramaphosa's leadership and will not entertain demands for his resignation. The ANC is considering forming alliances with different parties to retain influence in the government amidst the post-election dynamics.
Source: YAHOO
Reported 6 months ago
A 31-year-old bystander was accidentally shot in the hand during an incident on an Upper East Side subway in Manhattan. The shooting occurred when a suspected shooter fired a gun during an argument on a northbound 4 train, missing the intended target and hitting the bystander instead. The victim was taken to a hospital while the shooter fled the scene. Police have not made any arrests in connection with the incident.
Source: YAHOO
Reported 6 months ago
According to a study by ConsumerAffairs, Memphis, Tennessee, has been identified as the city with the highest rate of deadly car accidents in the United States in 2022. With 207 deadly car crashes marking 33.33 per 100,000 people, Memphis topped the list of 195 cities analyzed, despite being sixth in total deadly car wrecks for the year. The study utilized car crash data from the National Highway Traffic Safety Administration to determine these rankings.
Source: YAHOO
Reported 6 months ago
Claire Messud's new book 'This Strange Eventful History' is a multi-generational tale delving into family secrets from World War II to the 21st century. The prologue of the book explores themes of storytelling, healing, and the interconnectedness of past and present, offering various possible starting points for the narrative that circles and eddies, reflecting on shame, lineage, and the complex web of family history. Published by W.W. Norton & Company, the book invites readers to explore the intricate lives of the characters and the universal human experiences they navigate.
Source: YAHOO
Reported 6 months ago
With concerns rising among Americans about retirement and savings, Acorns CEO Noah Kerner discussed the financial pressures leading to worries about homelessness. Yahoo Finance Contributor Ross Mac delves into savings accounts at different ages and addresses common retirement queries. For expert insights and market updates, watch Wealth! with this episode. The discussion explores savings goals and retirement planning, such as having one times your salary saved by 30, three times by 40, and so forth, suggesting factors like investing 15% of income and using tax-advantaged accounts like IRAs to help meet retirement targets.
Source: YAHOO
Reported 6 months ago
Caitlin Clark and the struggling Indiana Fever face the New York Liberty tonight at 7 p.m. ET. Despite the Fever's challenging season, Clark continues to make waves in the league. This match marks their third encounter this season, with previous losses to the Liberty. Fans can catch the game on NBA TV and WNBA League Pass. Details on how to watch and stream the game without cable are provided, emphasizing platforms like Fubo TV and DirecTV Choice for WNBA coverage.
Source: YAHOO
Reported 6 months ago
United Parcel Service (UPS) has steadily grown its dividend for 15 years, currently offering a 4.7% yield. UPS plans to pay a quarterly dividend of $1.63 in 2024, totaling about $5.4 billion for the year. With a payout ratio averaging 84% over the past decade, UPS seems to balance its high dividend payouts with financial stability, making it an attractive consideration for income investors.
Source: YAHOO
Reported 6 months ago
Steve Guttenberg, a famous actor and author, reveals in an exclusive interview that he managed to steer clear of the drug and party culture that pervaded '80s Hollywood, unlike many of his peers. Guttenberg shares that while he did try cocaine, it was never a part of his lifestyle, and he eventually left Hollywood initially due to the competitive and uninviting atmosphere. Despite returning and landing iconic roles in films like Police Academy, Cocoon, and Three Men and a Baby, Guttenberg reflects on the fleeting nature of success in the industry and credits his late father for supporting his career choices.
Source: YAHOO
Reported 6 months ago
The updated projections for the Enjoy Illinois 300 show Team Penske's Ryan Blaney as the favored winner after strong practice and qualifying performances, with Denny Hamlin and Martin Truex Jr. following behind. The first half of the season has seen eight winners so far, leaving room for potential title contenders to emerge. Other drivers to watch include Kyle Busch, Joey Logano, Alex Bowman, Ross Chastain, and Carson Hocevar, with Racing Insights' projections detailing the full race results.
Source: YAHOO
Reported 6 months ago
Analyst Jason Gabelman discusses the recent consolidations in the oil industry, including Hess merging with Chevron and ConocoPhillips acquiring Marathon Oil. Gabelman believes that these mergers will result in larger companies having more control over US oil production, leading to moderate growth and more stable oil prices. This stability is expected to benefit consumers facing tighter budgets and high inflation. The analyst emphasizes that the consolidations will create a healthier environment for shareholders and reduce the volatility in oil prices, ultimately supporting higher and more stable oil prices.
Source: YAHOO
Reported 6 months ago
Investors with $1,000 considering higher-risk options may want to look into NextEra Energy Partners and Medical Properties Trust, which offer double-digit dividend yields. NextEra Energy Partners sustains its payouts through stable cash flow and aims for 5-8% annual dividend growth, despite challenges like high dividend payout ratios and lower growth rate expectations. Medical Properties Trust, with a yield of around 12%, has successfully addressed balance sheet issues through debt repayment and finding new tenants for properties. While these stocks offer significant income potential, their high-risk profiles require investors willing to take on more risk for potential rewards.
Source: YAHOO
Reported 6 months ago
Tech stocks have seen growth in 2024, driven by optimism in artificial intelligence (AI) advancements benefiting various tech sectors like cloud computing and chip production. Despite market fluctuations, the tech industry has shown resilience, with the Nasdaq-100 Technology Sector index climbing 409% over the past decade. Two top tech stocks to consider are Advanced Micro Devices (NASDAQ: AMD), known for its chip technology and expanding AI position, and Amazon (NASDAQ: AMZN), offering diverse investments with strong revenue performances in e-commerce and Amazon Web Services (AWS), especially in AI. Both companies have shown potential for long-term growth, making them attractive investments for 2024 and beyond.
Source: YAHOO
Reported 6 months ago
Some Gen Xers born between 1965 and 1980 are saving impressively in their 401(k) plans, with an average balance of $543,400, almost on par with baby boomers. Fidelity data shows long-term Gen X savers averaging higher balances than baby boomers, with Gen X contributing an extra $200 on average. Many boomers are already retired, while some Gen Xers are saving more aggressively as retirement nears, benefiting from increased contribution limits for older individuals. Fidelity research reveals that 401(k) millionaires hit a record high of 485,000 savers in the first quarter, showcasing the success of consistent saving and increased contributions over time.
Source: YAHOO
Reported 6 months ago
In this heartfelt opinion piece, Brent W. Beasley shares his personal journey of being diagnosed with Alzheimer’s disease at 57, detailing the emotional challenges and the medical treatments he undergoes to manage the disease. Despite facing memory loss and other difficulties, Brent emphasizes the importance of support from his wife, family, and friends in helping him stay positive and engaged while living with Alzheimer’s. He also highlights the valuable resources and guidance provided by the Alzheimer’s Association for individuals and families dealing with Alzheimer’s, advocating for taking charge of brain health and living well with the disease.
Source: YAHOO
Reported 6 months ago
An inheritance tax, often confused with estate tax, is levied on assets inherited upon someone's passing. Estate taxes are based on the estate's value and could be subject to federal and state exemptions. Inheritance taxes, collected only by certain states, focus on the relationship between the heir and the deceased. Only six states impose inheritance taxes, with rates varying based on the beneficiary's relationship to the deceased. Spouses are usually exempt, while other relatives may be taxed based on location and relationship. Strategies to avoid inheritance tax include setting up trusts or receiving the inheritance as gifts to minimize tax obligations.
Source: YAHOO
Reported 6 months ago
Parents share their experiences and advice when their children come out as transgender, emphasizing the importance of listening, affirming their identity, and providing support. Experts recommend thanking the child for sharing, learning about their experience, and creating a safe environment. The article also discusses forms of gender affirmation, dealing with family and friends, and navigating the challenges of raising a transgender child in today's society.
Source: YAHOO
Reported 6 months ago
The CEO of Chewy, Sumit Singh, explains why pet food prices have significantly increased over the last three years, citing an 'unprecedented amount of inflation' passing through the system. While prices traditionally rose by 2% to 4%, they are now climbing in double-digit percentages. Singh anticipates incremental discounting in the latter half of the year as vendors and retailers work to stimulate demand. Despite the ongoing price floor, consumers may expect some relief through discounts. Singh highlights an emphasis on profitability and value for consumers in Chewy's future plans.
Source: YAHOO
Reported 6 months ago
Kuehne+Nagel, a global supply chain provider, is constructing a 363,000-square-foot logistics warehouse in El Paso, Texas, to support cross-border trade with Mexico and accommodate the increasing freight shipments between El Paso and Juarez. The new facility consolidates four warehouses into one, enhancing operational efficiencies and services for global companies investing in Mexico. Concurrently, Canadian government opens a trade office in Arizona, a Chinese automotive supplier invests in Aguascalientes, Mexico, and a new 500,000-square-foot logistics hub is being built near Dallas.
Source: YAHOO