Reported 7 months ago
CBS executives are reportedly frustrated with Tom Selleck following the cancellation of "Blue Bloods," as the 79-year-old actor has been complaining about potentially losing his California ranch due to the show's end, claiming financial difficulties despite earning a substantial $56 million from the series. Insiders reveal that Selleck's behavior has caused tension given the stark contrast between his wealth and the modest salaries of the show's crew, many of whom are now facing unemployment and financial strain.
Source: YAHOO
Reported 7 months ago
Several cities in China, including Hefei and Wuhan, have reduced down payments for first-time homebuyers and lowered mortgage loan interest rates in response to recent stimulus measures aimed at boosting sluggish property demand. This move comes after the central bank announced the lowest allowed down payment ratio and the elimination of the floor level of interest rates. These actions are part of broader efforts to stabilize the country's struggling property sector, which has been experiencing a downturn since 2021. The measures are expected to benefit homebuyers and investors, but it may take some time for policy changes to translate into increased home sales.
Source: YAHOO
Reported 7 months ago
Lucie Silvas and John Osborne, a married couple and parents of twins, collaborated on a track titled "Workin' on a Beautiful Song" for Volume Two of the children's music album "Growin' Up Country," set to be released on June 28. The song will be out on Friday, and Silvas expressed how important it is for their twins to have their parents on a song together as a way to communicate with children through music. The project also features songs from other artists like Runaway June and Twinnie.
Source: YAHOO
Reported 7 months ago
The European Chips Act is expected to attract over $100 billion in private investment to the European semiconductor industry by 2030, according to a European Commission official. The initiative aims to bolster Europe's semiconductor sector in response to similar programs in the US, Japan, and China. Companies like Intel and TSMC have already announced plans for significant investments in chip manufacturing facilities in Germany, with the Commission working on funding for R&D pilot lines and a design platform to support chip development.
Source: YAHOO
Reported 7 months ago
New research from McGill University and the London School of Hygiene & Tropical Medicine reveals that substituting plant proteins for even half of a person's red or processed meat intake could increase their life expectancy by nearly nine months. The study, published in Nature Food, suggests that adopting a plant-based or plant-forward diet could provide considerable health benefits, especially for men, while also decreasing diet-related carbon pollution.
Source: YAHOO
Reported 7 months ago
A 61-year-old woman is seeking advice as her 51-year-old husband wants a divorce after 20 years of marriage. The husband is proposing to give her his $275,000 401(k) in exchange for their $250,000 house. The woman, who had previously used her 401(k) to pay off debts and cover expenses during her husband's illness, is questioning if this offer is fair, as she may be entitled to half of his 401(k) due to the community property laws in their state. The columnist advises her to consult with legal and financial professionals to ensure a fair division of assets considering the tax implications and past financial decisions made during the marriage.
Source: YAHOO
Reported 7 months ago
Moderna, known for its COVID-19 vaccine, has been utilizing AI technology for years to enhance its efficiency in the laboratory. Recently, the company expanded its collaboration with OpenAI, with AI expected to advance drug discovery processes and increase overall efficiency. While Moderna's vaccine revenue is declining post-pandemic, its pipeline and AI investments suggest potential for revenue growth. The company's use of ChatGPT tools has already shown cost-saving benefits, making it more efficient. While the AI investment is promising, investors should also consider Moderna's pipeline and long-term potential when determining if the stock is a buy.
Source: YAHOO
Reported 7 months ago
Source: YAHOO
Reported 7 months ago
A recent study from Boston University's Questrom School of Business indicates that Massachusetts could lose nearly $1 billion in tax revenue annually by 2030 due to wealthy residents leaving the state because of high taxes and housing costs. The trend of residents moving out of Massachusetts to other states, such as Florida and New Hampshire, has accelerated during the pandemic as remote work opportunities have made it more feasible to live elsewhere. If this trend continues, over 96,000 residents making $19.2 billion in income could leave the state annually by 2030, resulting in a significant loss of tax revenue for Massachusetts.
Source: YAHOO
Reported 7 months ago
A recent study by S&P Global Mobility reveals that American vehicle owners are holding onto their cars for a record average of 12.6 years, despite easing supply disruptions due to the COVID-19 pandemic. The report indicates that the average age of cars and light trucks in the U.S. has increased by two months from 2023, with older vehicles expected to make up 70% of those in operation in the next five years. This trend is seen as a positive development for the aftermarket and vehicle service industry in the U.S. as repair opportunities are projected to grow with vehicle age. Additionally, the average age of battery-powered vehicles is expected to increase in the short term due to challenges in EV sales growth caused by high interest rates and consumer sentiments.
Source: YAHOO
Reported 7 months ago
Since President Javier Milei took office in Argentina and started cutting state spending, thousands of construction workers, like Pablo Vazquez, have been laid off, leading to a significant economic downturn in the construction sector. Milei's austerity measures have halted public infrastructure projects, resulting in a 42% drop in construction activity and tens of thousands losing their jobs. While these measures aim to address the country's fiscal deficit, they have sparked concerns over rising unemployment and economic instability.
Source: YAHOO
Reported 7 months ago
The U.S. Consumer Financial Protection Bureau announced that they will extend some credit card consumer protection rules to buy now, pay later (BNPL) lenders like Affirm, Klarna, and Afterpay. This move aims to bring more oversight to the rapidly growing BNPL sector, requiring BNPL lenders to investigate disputes, offer refunds for returned products, and provide periodic billing statements similar to credit card companies. The new rule, effective in 60 days, will focus on the "pay in four" installment product and aims to standardize consumer protections across the industry.
Source: YAHOO
Reported 7 months ago
The article discusses how large US companies within the S&P 500 are enhancing their adjusted earnings per share by excluding certain expenses from their net income, such as litigation costs and the amortization of intangible assets. A study by Calcbench Inc. and Suffolk University found that in 2023, about 260 S&P 500 companies made combined adjustments totaling nearly $182 billion, leading to an average adjusted net income of around $3.1 billion per company. The article highlights the ongoing debate regarding the use of non-GAAP measures by companies and the scrutiny from regulators, including the Securities and Exchange Commission, on such practices.
Source: YAHOO
Reported 7 months ago
Nvidia's stock has surged 206% in the past year due to its dominance in AI data center chips and impressive operational results. Three reasons to buy include its spectacular performance, ability to stay ahead of competition, and low valuation. However, there's a caution that the AI market may not meet expectations, leading to a possible slowdown in Nvidia's growth. Investors are advised to consider these factors before investing.
Source: YAHOO
Reported 7 months ago
The article discusses a viral video from 1938 showing a woman appearing to use a cellphone, sparking time travel theories. However, the video is real and unaltered, with the woman likely holding a device that resembles a cellphone. Various explanations, including the possibility of a Siemens hearing instrument or a small portable radio, were suggested by social media users, debunking the time travel claims. A YouTube user claimed the woman was his great-grandmother testing wireless phones at a Dupont factory, although this remains unverified. The article highlights past instances of debunked time travel claims and emphasizes the lack of concrete evidence in this specific case.
Source: YAHOO
Reported 7 months ago
In 2024, the Eagles are facing questions about how much they can rely on linebacker Nakobe Dean, who is entering his third NFL season. Dean's first year as a starter was marred by injuries, leading to uncertainty about his role and impact on the team. Despite injuries and competition in the linebacker group, the Eagles' management has expressed continued belief in Dean's abilities. As the team navigates changes to the linebacker group under a new defensive coordinator, Dean aims to prove himself and fulfill his potential.
Source: YAHOO
Reported 7 months ago
NASCAR Cup teams are gearing up for the Coca-Cola 600 weekend after a successful All-Star event, with eight drivers having won races so far this season. Kyle Larson aims to compete in both the Indianapolis 500 and the Coca-Cola 600 on the same day. Teams like Hendrick Motorsports are on a winning streak on 1.5-mile speedways, while drivers like Martin Truex Jr. and Kyle Busch have impressive track records at Charlotte Motor Speedway. Overall, teams are facing a mix of good and bad news as they head into the 14th race of the season.
Source: YAHOO
Reported 7 months ago
Simply Recipes報導了如何保存櫻桃，來自櫻桃專家梅蓮娜·野村（Meleyna Nomura）。建議將櫻桃放在冰箱保存，並保持乾燥，以防止軟化和腐敗。此外，文章也提到了如何凍結櫻桃以延長保存時間，建議在消費前先讓凍櫻桃解凍。
Source: YAHOO
Reported 7 months ago
Target reported a decline in quarterly revenue due to higher prices on essentials impacting shopper spending, along with profit results below analyst expectations and a muted profit outlook. The retailer posted its fourth consecutive quarter of declines in comparable sales but anticipates a return to sales growth this quarter. Shares dropped nearly 10% in premarket trading. Target is implementing strategies like price cuts on consumer basics, a new membership program, store updates, and expanding store-owned brand offerings to boost sales and compete with Walmart and Amazon.
Source: YAHOO
Reported 7 months ago
Stocks finished down on Wednesday, with the Dow Jones Industrial Average losing 201 points, the S&P 500 slipping 0.27%, and the Nasdaq dropping 0.18%, following the release of Federal Reserve meeting minutes and Nvidia's earnings release. The Fed's minutes indicated a longer wait for inflation to cool and debate over the impact of interest rates on the economy. Additionally, Target shares plunged over disappointing earnings, while Tesla shares remained down for the year despite a recent increase in demand. The CBOE's VIX volatility index closed at a three-and-a-half-year low, and the UK called for a general election in July. Lastly, Buzzfeed shares soared after an investor revealed a stake in the media group.
Source: YAHOO
Reported 7 months ago
OG Anunoby was determined to play in Game 7 despite a hamstring strain, but only lasted five minutes due to movement limitations. Jalen Brunson expressed disappointment in his performance, acknowledging his fractured hand impacted his play. Tyrese Haliburton found motivation during the game by interacting with a fan courtside named Jon Chertit, according to The Pat McAfee Show.
Source: YAHOO