Reported 8 months ago
The article discusses how despite The Conference Board's US Consumer Confidence rising in May after three months of declines, a Harris Poll from The Guardian shows that many Americans are not optimistic about the US economy. The poll revealed that 49% of Americans believe the S&P 500 is down for the year, despite the index reaching record numbers in 2024. Yahoo Finance Senior Columnist Rick Newman highlights the contrasting views on the economy, with some feeling positive due to stock market gains while others are concerned about inflation's impact on their daily lives, emphasizing the need for continued education and awareness of economic realities among Americans.
Source: YAHOO
Reported 8 months ago
Denny Hamlin has claimed the top spot in the NASCAR Power Rankings after finishing fifth in the rain-shortened Coca-Cola 600 race, taking control of the Cup standings with 13 stage points and three wins this season. Kyle Larson, who missed his first Cup race due to rain, fell to third in the standings. Brad Keselowski moved up to third in the rankings with consistent performances, while William Byron, Chase Elliott, and other drivers also made notable appearances in the top 10.
Source: YAHOO
Reported 8 months ago
The article discusses the release of a new metallic MechaGodzilla figure by Super7, standing at 20 inches tall with missile-firing fingers, inspired by vintage jumbo-scale toys from the '70s and '80s. This new merchandise launch comes amidst a surge in popularity for Godzilla, with recent successes like winning an Oscar for visual effects, a blockbuster movie release, and the announcement of additional content like a second season of "Monarch: Legacy of Monsters" and spin-off shows. The MechaGodzilla figure will soon be available for purchase on Super7.com.
Source: YAHOO
Reported 8 months ago
Johnny Wactor, a 37-year-old actor known for his role on "General Hospital," was tragically shot and killed during an alleged robbery in Los Angeles. Following his death, his ex-fiancée and family members, including his mother and brothers, shared their grief and memories of him. His ex-fiancée addressed the shooter in an emotional Instagram video, urging for community support and condemning the violence. The incident occurred when Wactor confronted men trying to steal his car's catalytic converter, stepping in front of a co-worker and being fatally shot. The LAPD is still searching for the suspects.
Source: YAHOO
Reported 8 months ago
The Miholl V-Neck Top on Amazon, currently priced at $23 with an on-page coupon, is a popular choice among over 5,000 shoppers for its flattering and slimming design, especially praised for its lacy sleeves that cater well to those with larger arms. The versatile top is made of polyester and spandex, offering comfort and style suitable for various occasions, with options for sizes up to XXL and three different styles of V-neck. Reviewers highlighted its figure-flattering features, though some noted slight sizing and color discrepancies.
Source: YAHOO
Reported 8 months ago
During a press conference outside the courthouse where Donald Trump's criminal hush money trial is ongoing, actor Robert De Niro clashed with a bystander who interrupted him while he was praising former police officers Harry Dunn and Michael Fanone for their actions on January 6. The bystander called the men "traitors" during the exchange.
Source: YAHOO
Reported 8 months ago
Taylor Swift is reportedly investing an exorbitant amount, approximately $4.3 million, in hair, makeup, fashion, and wages for her backup band to ensure her Eras tour wardrobe malfunctions are fixed and do not happen again. The budget includes around $500,000 for products and $225,000 for dancers' costumes, with millions allocated for outfit adjustments due to the intensity of dance movements causing holes in garments. Swift's commitment to maintaining her iconic fashion comes as she wears about $1.3 million worth of clothing each performance night.
Source: YAHOO
Reported 8 months ago
The article discusses a new rule by the Securities and Exchange Commission called Trading Day Plus One Business Day (T+1), which aims to speed up the settlement of buy and sell trades for investors. This new regulation reduces the settlement time from two days to one day for transactions involving stocks, corporate bonds, ETFs, municipal securities, some mutual funds, and limited partnerships. The rule change is seen as a way to make portfolio assets more liquid and improve trading efficiency, building upon previous settlement cycle reductions.
Source: YAHOO
Reported 8 months ago
Crude oil futures are on the rise ahead of the upcoming OPEC+ meeting, with expectations that oil prices may increase, particularly after OPEC extended production cuts in March. Morgan Stanley's Martijn Rats discusses the potential for oil prices to remain below $75 per barrel for Brent crude and how seasonal demand during the summer months could impact prices. Rats suggests that if prices fall below $75, it could become challenging to sustain them for an extended period due to the impact on US Shale production. He forecasts that prices could potentially reach $90 per barrel and emphasizes the significance of seasonal demand trends in influencing the market.
Source: YAHOO
Reported 8 months ago
Cofco International Ltd., the trading arm of China’s largest food company, is relocating its downtown Chicago office to the suburbs, specifically Oak Brook, due to high costs and safety concerns, including persistent crime in the city's central business district. This move, affecting a small office of around 40 people, is seen as another setback for a city facing corporate departures and rising vacancy rates, with crime incidents still high despite a recent decrease. The relocation is expected to take place by the end of the third quarter or the last three months of the year.
Source: YAHOO
Reported 8 months ago
Bette Nash, known as the world's longest-serving flight attendant, has passed away at the age of 88. American Airlines, her employer, announced her death, noting her nearly 70-year career caring for passengers in the air. Nash began her flight attendant career with Eastern Airlines in 1957 and later moved to American Airlines. She held the title of the world's longest-serving flight attendant, as confirmed by Guinness World Records. Nash died on May 17 after a recent breast cancer diagnosis, still employed with American Airlines at the time.
Source: YAHOO
Reported 8 months ago
The article highlights the benefits of incorporating canned foods into a blood-sugar-friendly diet for better overall health, as recommended by dietitians. Canned fish such as tuna and salmon, canned chicken, canned vegetables, canned tomatoes, canned beans, canned pumpkin, and canned fruit are among the top choices for managing blood sugar levels. Suggestions include pairing canned fruits with protein or fat, choosing low-sodium options, and being mindful of added sugars. Canned foods are praised for their convenience, affordability, and nutritional value in maintaining stable blood sugar levels when combined with a balanced diet.
Source: YAHOO
Reported 8 months ago
Wedbush Securities upgraded Airbnb (ABNB) from Neutral to Outperform, increasing its price target to $165 from $160. The investment firm highlighted Airbnb's strong web traffic amid a rise in consumer interest for vacations, encouraging investors to capitalize on the company's current relative weakness. Analysts are questioning whether the spike in web traffic will translate into actual bookings for Airbnb, especially as the travel industry navigates the post-COVID recovery phase.
Source: YAHOO
Reported 8 months ago
21 Savage brought his American Dream Tour to Toronto's Budweiser Stage and surprised the crowd by bringing out Drake for a guest appearance, performing hits like "Knife Talk" and "Rich Flex." The duo's chemistry was evident, following 21 Savage joining Drake on tour the previous year. This comes after 21 Savage topped the Billboard 200 with his American Dream album and was named to Time's TIME100 list. The tour will continue across North America, including stops in Michigan, Ohio, NYC, Atlanta, and Florida.
Source: YAHOO
Reported 8 months ago
29-year-old Lexi Thompson has announced her retirement from full-time golf after the 2024 LPGA season. Thompson, who will be competing in her 18th consecutive U.S. Women's Open this week, expressed that she is ready to explore new experiences beyond a full-time golf schedule and is looking forward to spending more time with family, friends, and her dog. Thompson, who has 15 worldwide wins since turning pro in 2010, plans to evaluate her tournament participation on a part-time basis in the future.
Source: YAHOO
Reported 8 months ago
Ontario's pension fund, OMERS, is reportedly exploring selling a stake in Leeward Renewable Energy, a Texas-based company valued at about $3.5 billion including debt. OMERS is working with advisers to generate interest in the company, which owns and operates solar, wind, and energy storage facilities across the US. Leeward, led by CEO Jason Allen, is developing new projects and aims to commercialize over 1,000 megawatts of renewable energy capacity in the coming years.
Source: YAHOO
Reported 8 months ago
Bank of America Senior Equity Analyst Rafe Jadrosich discusses the best homebuilding stocks in a tight real estate market, highlighting Toll Brothers (TOL) and PulteGroup (PHM) as top picks due to their attractive valuations and unique market positions. Toll Brothers is noted for its high return on equity and competition against smaller private builders, while PulteGroup stands out for selling across various price points and being aggressive in stock buybacks. These factors make them well-positioned in the current market cycle.
Source: YAHOO
Reported 8 months ago
Jax Taylor confirmed that Zack Wickham does not wear a wig, and his unique hairstyle is comprised of 100% real hair. Despite the authenticity of Zack's hair, Jax acknowledged that it is unconventional and has attracted a lot of attention and speculation. Zack himself addressed the rumors in a TikTok video, emphasizing that his hair is real and that he has no secrets about it. Jax, who has experience with hair growth products, supported Zack's claim and reassured that his hair is genuine.
Source: YAHOO
Reported 8 months ago
Source: WSJ
Reported 8 months ago
Texas Instruments has received a $2.5 billion investment from Elliott Investment Management, which includes a dynamic capacity management strategy aimed at helping the semiconductor company achieve positive free cash flow by 2026. Elliott is pushing for Texas Instruments to prioritize free cash flow per share growth, citing past performance and potential for improvement. The investment is seen as significant, although the impact on the share price has been minimal so far.
Source: YAHOO
Reported 8 months ago
The Daily Beast is undergoing a restructuring process as new leadership aims to reduce the organization's losses, with plans to implement a buyout program to cut down the newsroom staff. The Daily Beast Union, consisting of 37 members, is currently negotiating with management regarding the reduction. Speculations suggest that up to 40% of unionized staffers may be affected by the buyout. Former ABC executive Ben Sherwood and former Hearst executive Joanna Coles have recently taken on leadership roles within the organization, which has reportedly been a financial burden for owner Barry Diller since its establishment in 2013.
Source: YAHOO
Reported 8 months ago
Shares of Norwegian Cruise Lines (NCLH) are rising after the company increased its full-year guidance, with Mizuho upgrading the stock to Buy. Yahoo Finance's Seana Smith and Madison Mills discuss the latest trends in the cruise sector, highlighting strong performances from Norwegian and Viking. Norwegian Cruise Lines hiked its outlook ahead of its Investor Day presentation, while Viking saw a 1.5% increase following its IPO debut on the New York Stock Exchange. Both companies are capitalizing on strong demand and cost-cutting measures, prompting optimism from investors and analysts.
Source: YAHOO
Reported 8 months ago
Source: INVESTORS
Reported 8 months ago
According to an article on Yahoo Finance, the small-cap market is expected to experience a "broad-based breakout" in 2024, with analyst Ari Wald highlighting that the Russell 2000 has been able to hold its 200-day average, indicating a potential positive trend for small caps in the second half of the year. Wald suggests that investors should buy market pullbacks in anticipation of higher market highs and notes that small caps need to participate in absolute price terms for overall market growth. Wald emphasizes the importance of small-cap involvement alongside the large-cap market movement for a balanced market rally.
Source: YAHOO
Reported 8 months ago
Campbell Soup announced plans to downsize its Jeffersonville, Indiana site and close the Tualatin, Oregon facility, resulting in 415 job cuts. The company aims to enhance growth, improve return on capital, and optimize manufacturing and distribution. The Oregon closure is expected by July 2026, impacting 120 of 330 employees initially, while part of Indiana operations will move to North Carolina and Pennsylvania, affecting about 85 of 230 workers. Campbell plans $230 million in investments by 2026 in modern facilities, creating 210 jobs. Last year, expansion at the Richmond, Utah plant was announced. Shares fell 2% following the news.
Source: YAHOO