Reported 6 months ago
Argentina's black market peso weakened 3.91% against the dollar, reaching a record low of 1,280 per greenback due to rising political tensions, slow grains exports, and the government's decision to cut interest rates. The gap between the official and parallel exchange rates widened to about 44%, impacting by delays in reform plans and the need for a pact with regional governors in Congress for the libertarian President Javier Milei to move forward with his agenda.
Source: YAHOO
Reported 6 months ago
The Biden administration has announced the cancellation of an extra $7.7 billion in student loan debt for 160,000 American borrowers, following previous forgiveness measures. Yahoo Finance Senior Columnist Rick Newman outlines the steps borrowers can take to determine eligibility for loan forgiveness, with the Department of Education extending the consolidation deadline to June 30. The ongoing relief efforts aim to address student debt challenges among millions of borrowers in the United States.
Source: YAHOO
Reported 6 months ago
Nepal spinner Sandeep Lamichhane had his visa rejected to enter the United States for the T20 World Cup, despite having a previous rape conviction overturned. Lamichhane, a former captain, expressed disappointment over the decision and cited a similar visa denial in 2019. The 23-year-old's exclusion from Nepal's squad had sparked controversy, with his first match scheduled against Netherlands in Texas on June 4th.
Source: YAHOO
Reported 6 months ago
Jordan Spieth commended Xander Schauffele for enhancing his game by quietly and methodically increasing his speed, which ultimately led to his recent major championship win at the PGA Championship. Schauffele's commitment to intense post-round workouts resulted in improved ball speed and allowed him to hit shorter clubs into greens, gaining a competitive edge over four rounds. Spieth also highlighted Schauffele's patience and consistency as key factors that led to his success and predicted that this victory is just the beginning of more to come.
Source: YAHOO
Reported 6 months ago
Alexander McClay Williams, a wrongfully convicted Black teen who was executed in 1931 for a murder he did not commit, is now the subject of a lawsuit filed by his family against the state of Pennsylvania. He was the youngest person ever executed in Pennsylvania at the age of 16, and his family seeks justice for his wrongful conviction.
Source: YAHOO
Reported 6 months ago
One of Australia’s largest hedge funds, Caledonia, is sticking with its concentrated bet on Zillow Group Inc. despite a 26% slump in Zillow's shares this year. Caledonia, founded by the Darling family in 1992, manages about $11 billion and is known for its high conviction bets. The fund holds a roughly $2.2 billion stake in Zillow, which is among the world’s most concentrated US equity positions held by a hedge fund. Caledonia remains optimistic about Zillow's potential for future growth, with a target to triple its value by the end of next year.
Source: YAHOO
Reported 6 months ago
Anna Chlumsky, Nate Corddry, and Christian Borle join the cast of Evil's final season, with Chlumsky playing Ellie, who befriends a grieving Kristen. Corddry portrays Paul Jr., consumed by his doppelgänger, and Borle takes on the role of Neil, a defender of a physicist. The final season will feature 14 episodes, resolving mysteries including the fate of Leland and Kristen's baby, and premieres on Paramount+ this week.
Source: YAHOO
Reported 6 months ago
法国媒体和企业集团Lagardere表示，他们正接近将《巴黎竞赛》杂志以1.2亿欧元（1.3亿美元）的企业价值出售给奢侈品巨头LVMH。Lagardere指出，已经就出售达成初步谅解备忘录，与LVMH进行独家谈判。LVMH已拥有财经报纸《雷声报》以及日报《巴黎人报》，而对于Paris Match杂志的出售预计将于9月底前完成。Vivendi媒体集团去年收购了Lagardere，并目前拥有该集团的59.71%股份。
Source: YAHOO
Reported 6 months ago
Yahoo Sports' The Cheap Seats addresses concerns of fantasy baseball managers about struggling stars like Pablo López, encouraging patience based on his promising indicators despite current performance. Advice on handling other player situations, including Corbin Carroll and Xander Bogaerts replacements, is provided. The article also discusses beliefs in players like Tyler O'Neill and Cedric Mullins, offering insight and suggestions. Additionally, the piece explores baseball-themed questions and favorite ballpark foods in an engaging manner.
Source: YAHOO
Reported 6 months ago
Amazon.com investors voted against all 14 resolutions at the annual shareholder meeting, including disclosing more about carbon emissions, oversight on artificial-intelligence development, and forming a committee to address policy positions, lobbying expenditure, working conditions, and packaging materials. CEO Andy Jassy indicated no plans for a dividend and mentioned an upcoming update for Alexa's generative AI. The full investor vote tally will be provided later, as shares in the retailer remained mostly unchanged on Wednesday.
Source: YAHOO
Reported 6 months ago
The Abandons, a new Western series on Netflix created by Sons of Anarchy's Kurt Sutter, has commenced production. The cast photo showcases Gillian Anderson, Lena Headey, and others. Set in 1850s Oregon, the show follows diverse families battling corrupt forces seeking their land, delving into themes of survival, law, and violence. Alongside Heady and Anderson, the cast includes Nick Robinson, Diana Silvers, and more. Filming is ongoing in Calgary, with Sutter serving as creator and showrunner.
Source: YAHOO
Reported 6 months ago
The U.S. Cyber Trust Mark Initiative will introduce consumer labels on smart devices like baby monitors and fitness trackers to help consumers choose products that meet federal cybersecurity standards and are less vulnerable to hacking. The labels, similar to the Energy Star program, are expected to start appearing on devices before the holiday shopping season, providing security information through QR codes and involving industry participants like Amazon, Google, and Samsung. This initiative aims to empower consumers and encourage manufacturers to improve cybersecurity in their products amidst the rise of cybercrime associated with internet-connected devices.
Source: YAHOO
Reported 6 months ago
The Houston Rockets, along with several other NBA teams, are closely monitoring the situation surrounding Donovan Mitchell of the Cleveland Cavaliers. Mitchell has one year left on his contract and faces a decision on a contract extension this summer. If he does not sign, the Rockets and other teams are prepared to pursue a trade for the All-NBA player. Houston, looking to bolster its roster and move away from rebuilding mode, sees Mitchell as a potential key addition to their team alongside young talents like Jalen Green and Alpren Sungun. Mitchell's future in Cleveland remains uncertain, with various teams waiting to see if he becomes available for a trade.
Source: YAHOO
Reported 6 months ago
The article reports that the Chinese government has threatened retaliatory tariffs on European Union and US-made vehicles in response to the EU's investigation into Chinese EV subsidies and the White House's tariff escalation on Chinese goods. The China Chamber of Commerce to the EU mentioned that China might increase temporary tariff rates on imported cars with large-displacement engines up to 25%, compared to the current 15%. This threat impacted the shares of European luxury automakers exporting such vehicles to China. The EU's investigation into Chinese EV subsidies is ongoing, with a deadline set for July 4, while President Biden announced new tariffs on Chinese products, including EVs. This situation reflects the escalating tensions in the US-China trade relationship.
Source: YAHOO
Reported 6 months ago
San Francisco 49ers running back Christian McCaffrey did not attend the start of OTAs, with his absence reportedly not being related to his contract. However, his contract is seen as problematic with him making $11.8 million this year, less than other offensive players on the team despite his significant contributions. While the issue is not pressing currently, it may become a concern as the start of the season approaches.
Source: YAHOO
Reported 6 months ago
Larne swimmer Danielle Hill has secured her spot at the Paris Olympics by achieving the qualifying time of 59.11 in the 100m backstroke at the Irish National Swimming Championships. This accomplishment marks her second consecutive Olympic qualification, having also made it to the Tokyo Olympics. Hill's achievement of breaking the one-minute barrier in the event makes her the first Irish woman to do so. Conor Ferguson, another Larne swimmer, will have one final opportunity to reach the Paris qualifying time in the 100m backstroke final after narrowly missing out in the semi-finals.
Source: YAHOO
Reported 6 months ago
The 2024 Indianapolis 500, featuring eight former winners and Kyle Larson attempting to run both the Indy 500 and Coca-Cola 600 in the same day, has had its start delayed due to severe thunderstorms. Larson is set to start the Indy 500 in fifth and the 600 from the rear. Team Penske, with a front-row sweep in qualifying, aims for their 20th Indy win, while Chevrolet-powered cars dominate the field. Former winners like Power, Newgarden, Rossi, and Sato are also in contention, with Castroneves vying for a record fifth win.
Source: YAHOO
Reported 6 months ago
The article from NBC Sports Boston warns the Boston Celtics not to get complacent after their rousing Game 1 win, as history has shown that momentum can quickly shift in the NBA playoffs. Despite their impressive victories in the past, the Celtics have often struggled to maintain consistency and have let opportunities slip away. The article emphasizes the importance of not underestimating their opponents, highlighting previous instances where the Celtics have faltered after appearing to have the upper hand. While Boston may be favored to win against the Indiana Pacers, it is cautioned that victory is never guaranteed in the playoffs.
Source: YAHOO
Reported 6 months ago
Babe Ruth's jersey from the legendary 'Called Shot' home run in the 1932 World Series against the Chicago Cubs is set to hit the auction block this summer. The jersey has been photo-matched to images from Game 3 of the series and is expected to become the most expensive sports collectible ever auctioned, potentially surpassing the $12.6 million record set by a Mickey Mantle Topps baseball card in 2022. Ruth's iconic home run moment remains one of the most famous in baseball history, and the jersey's auction is part of Heritage Auctions' "Summer Platinum Night Sports Auction" scheduled for August 23-25.
Source: YAHOO
Reported 6 months ago
Operation HOPE CEO John Hope Bryant shares insights on building wealth in a high inflationary environment, emphasizing the importance of financial literacy and practical money tips. Bryant recommends addressing financial challenges head-on, boosting credit scores, tracking expenses, and curbing unnecessary spending to foster financial stability and growth. He also highlights the significance of open conversations about finances.
Source: YAHOO
Reported 6 months ago
Operation HOPE CEO John Hope Bryant discusses the importance of "relationship capital" for new college graduates entering the workforce, advising them to prioritize building connections, expanding networks, and seizing opportunities in the office. Bryant stresses that success in the professional world is heavily reliant on relationships and suggests that grads focus on improving their financial literacy to manage debt and start saving for the future. He also encourages grads to actively seek out opportunities in the office rather than opting for remote work to establish strong connections and increase their chances of career advancement.
Source: YAHOO
Reported 6 months ago
The article discusses the significance of Nvidia and its technology in the markets and for investors. Nvidia's upcoming earnings report is highly anticipated by Wall Street, as the chip-making giant has played a key role in driving the tech sector and the S&P 500 with its stock price climbing over 91% year-to-date. Nvidia is a leader in producing advanced chips, particularly graphics processing units (GPUs) used in artificial intelligence (AI) applications, making it a bellwether for AI demand. The company generates a significant portion of its revenue from data centers, which are crucial for supporting AI technologies. The market is eagerly awaiting Nvidia's earnings report to see how it will impact investor sentiment and market trends.
Source: YAHOO