Reported 11 months ago
The surge in immigration is significantly impacting the labor market, with the US adding 272,000 jobs in May, higher than expected. Economist Wendy Edelberg explains that a surge in immigration, totaling about 5.5 million people in 2022 and 2023, has greatly influenced the labor supply. Although President Biden's executive order restricting immigration from the southern border may reduce the number of asylum seekers allowed to work legally, the overall effect on the US economy is expected to be minimal as it has successfully absorbed the immigrant influx without major disruptions, resulting in a strong labor market for both foreign-born and native-born workers.
Source: YAHOO
Reported 11 months ago
US stocks dipped on Friday as a stronger-than-expected jobs report raised concerns about interest-rate cuts, with the S&P 500 and Nasdaq Composite slipping slightly. However, all three major indexes still closed the week in positive territory. The May jobs report revealed 272,000 job additions, surpassing expectations, while the unemployment rate rose to 4.0%. Elsewhere, GameStop's stock plummeted 40% despite Keith Gill's positive remarks in a live stream, Nvidia's 10-for-1 stock split is anticipated, and investors are preparing for the Fed's policy meeting next week to decipher interest rate projections.
Source: YAHOO
Reported 11 months ago
Reported by Central News Network at 9:48 am on June 7, 2024, a Shiba Inu named 'Meatball' got lost in the mountainous area of Xindian. Local police officers on patrol found the dog wandering around, suspected it to be a lost pet due to the collar it was wearing, and took it back to the station in their patrol car to contact the owner. The Shiba Inu's adorable appearance while riding in the police car melted hearts. The dog was quickly reunited with its thankful owner who expressed gratitude for the officers' help.
Source: YAHOO
Reported 11 months ago
GameStop's stock dropped nearly 40% as the company announced plans to sell millions of shares, coinciding with a YouTube livestream featuring 'Roaring Kitty,' aka Keith Gill. Gill, known for his role in the 2021 meme stock rally, expressed confidence in GameStop's management during the stream. The stock, already on a decline after missing earnings estimates, halted trading multiple times. Gill's reemergence on social media has prompted investigations and speculation, with GameStop shares experiencing significant volatility in recent weeks.
Source: YAHOO
Reported 11 months ago
2024年法國網球公開賽在Roland Garros已進入準決賽階段，年僅21歲的阿爾卡拉茲(男子種子排名第3)將與22歲的辛納(男子種子排名第2)在紅土球場上交鋒。阿爾卡拉茲成功預測了Sinner將在今年升至世界第一，這位新晉世界第二順利取代受傷退出法網的前世界第一德約科維奇的位置。比賽將在6月7日美國東部時間早上8:30後開始，觀眾可通過Tennis Channel、NBC或Peacock觀看直播。除有線電視外，觀眾可以考慮使用Fubo Elite、ExpressVPN或其他流媒體平台免費收看法網比賽。
Source: YAHOO
Reported 11 months ago
Source: INVESTORS
Reported 11 months ago
Semiconductor giant Nvidia is preparing for its 10-for-1 stock split, resulting in 10 times as many shares at a lower individual share price. Insights from Yahoo Finance's Jared Blikre on Nvidia's historical performance after previous splits, including a 4-for-1 split in 2021. The split aims to make Nvidia stock more affordable, with the market capitalization expected to remain unchanged. Nvidia's remarkable growth in the semiconductor industry and stock value, positioning it as a significant player alongside Apple in the market, is highlighted.
Source: YAHOO
Reported 11 months ago
Nine-year-old guitar prodigy, Maituo, from China, has been gaining attention for his incredible arpeggio skills showcased in a recent Instagram and YouTube video where he plays at a remarkable speed of 240bpm. The young talent has left even seasoned players in awe, with some jokingly apologizing to their guitars for not being as proficient. Despite some critics questioning the musicality of his performance, Maituo's dedication and talent have earned him over 164,000 fans and admiration from prominent guitarists like Tyler Larson.
Source: YAHOO
Reported 11 months ago
The Taipei City Indigenous Peoples Commission is hosting the 'adihay ko foting Blessing you with plenty of fish' special exhibition from June 7 to September 22, 2024 in Taipei City, coinciding with the opening on the day prior to the United Nations' 'World Oceans Day'. The exhibition aims to explore the relationship between indigenous traditions, local knowledge, and the sea, encouraging global attention to ocean conservation. Featuring rich coastal Amis Indigenous marine culture, the exhibition emphasizes the importance of harmonious coexistence with nature and sustainability through art, interactive areas, and educational materials on marine conservation practices, garnering deep reflection on the human-nature relationship.
Source: YAHOO
Reported 11 months ago
The May US jobs report revealed a stronger job growth of 272,000 jobs added to the economy, surpassing expectations. Sectors such as retail experienced an uptick with 13,000 new roles, led by building material and garden equipment dealers. The healthcare industry added 68,000 jobs, notably in ambulatory care facilities. Additionally, leisure and hospitality saw a significant gain of 42,000 jobs, potentially influencing the Federal Reserve's stance on interest rate cuts. This growth reflects trends and potential impacts on the economy and monetary policy.
Source: YAHOO
Reported 11 months ago
As the last long weekend of 2024, 7-11's over 6,950 stores are offering discounts on popular items and exclusive dual perks for OPENPOINT members, including special deals on traditional rice dumplings, coffee combos, and ice slushes for the holiday season to save big during the Dragon Boat Festival. From June 6th to June 10th, enjoy the 'Fun Rice Dumplings for Summer Dragon Boat Festival Member Double Benefits' activity, featuring various promotions like 2 cups of CITY CAFE latte coffee for 100 yuan and various discounts on noodles and teas to stock up on daily essentials. Additional cakes and ice cream offers are also available. The stores have expanded stock quantities to accommodate the influx of travelers during the holiday, ensuring 7-ELEVEN is the go-to spot for all festive needs.
Source: YAHOO
Reported 11 months ago
On the evening of June 6th in Fuzhou, Jiangxi, mainland China, a 59-year-old former deputy director surnamed Li of the Natural Resources Bureau was driving and collided with a pregnant woman who was expecting twins. Despite efforts to save her, the pregnant woman tragically passed away. The incident occurred at the junction of Heng'an Road and Longshan Road. The official, now a level-one senior officer in the Natural Resources Bureau of Dongxiang District, was not on duty at the time and has been criminally detained. The scene was chaotic with damaged vehicles and bicycles. Video footage showed the aftermath, and the tragic event has caused great sorrow in the community.
Source: YAHOO
Reported 11 months ago
US stocks fell as bond yields surged following a better-than-expected May jobs report that saw the addition of 272,000 jobs with a rise in average hourly earnings to 4.1%. The 10-year US Treasury yield spiked to 4.40%. Despite the positive numbers, the unemployment rate increased to 4.0%, leading to doubts about a potential interest rate cut from the Federal Reserve. Stock indexes showed declines, and other news included updates on Elon Musk's pay package, GameStop's stock performance, and more in commodities and crypto markets.
Source: YAHOO
Reported 11 months ago
Ishana Night Shyamalan, daughter of M. Night Shyamalan, shared how seriously she took her father's advice on pursuing filmmaking before directing her debut movie, 'The Watchers'. Despite the release of M. Night's film 'Trap' shortly after, Ishana emphasized that they are not in competition and cherish the experience of filmmaking together. The family bond and support were evident at the New York City premiere, where Ishana expressed gratitude towards her father for his guidance and influence on her artistic journey.
Source: YAHOO
Reported 11 months ago
TVLine.com provides updates on various 'missing' TV shows that have either been on hiatus, have no official word on renewal or cancellation, or have been off the air for an extended period. Updates include the status and potential return of shows like 61st Street on The CW, The Flight Attendant on Max, The Lord of the Rings: The Rings of Power on Prime Video, and many others, offering insights on their production status, premiere dates, and potential futures.
Source: YAHOO
Reported 11 months ago
The article discusses market updates, including the Friday jobs data release awaiting the Federal Reserve's interest rate decision. Notable is Nvidia's 10-for-1 stock split, crossing $3 trillion market cap, and remaining a leader in generative AI technology. Market actions and tech insights are detailed, along with Roaring Kitty's livestream after GameStop's rally, while regulatory scrutiny intensifies on big tech firms like Nvidia, Microsoft, and OpenAI for potential antitrust violations around AI dominance.
Source: YAHOO
Reported 11 months ago
The U.S. added 272,000 nonfarm payroll jobs in May, with unemployment at 4%, surpassing expectations. This strong job market may affect the Federal Reserve's future decisions. Economists maintain projections for a July rate cut due to softening labor market conditions and cooling inflation, but recent robust job growth challenges this prediction. They discuss the impact on markets and the Fed's timeline, questioning the sustainability of market highs given current data that may point to broader economic challenges and potential risks of delaying rate adjustments.
Source: YAHOO
Reported 11 months ago
During a legislative session, lawmaker Chiu Jung-Tai addressed concerns over the Executive Yuan challenging the Legislative Yuan's amendments to the Legislative Powers and Procedures Act and other laws. Premier Chiu Jung-Tai emphasized that the focus should be on whether bills have undergone proper procedures and discussions, not on party support. This exchange came as part of a larger discussion on constitutional responsibilities and procedures within Taiwan's government structure.
Source: YAHOO
Reported 11 months ago
Boxing fans can tune in to watch the Adrien Broner vs. Blair Cobbs fight tonight at the Seminole Hard Rock Hotel and Casino in Hollywood, FL for 10 rounds of welterweight action. The main event begins at 8 p.m. ET with the fighters expected to step into the ring around 11 p.m. ET. The fight is available exclusively through pay-per-view on Triller TV for $40, featuring a full fight card including other matches like Ian Green vs. Roy Barringer and Cassius Chaney vs. Michael Hunter.
Source: YAHOO
Reported 11 months ago
In this article, The Motley Fool discusses how some billionaires, including John Overdeck and Ken Griffin, have recently invested in Pfizer and Merck. Despite Pfizer's recent struggles, its success in the COVID-19 market and expanding pipeline make it a favorable long-term investment. Merck, known for Keytruda, continues to grow in the oncology market with new promising products and acquisitions. Both companies have a history of increasing dividends and are considered attractive for income-seeking long-term investors.
Source: YAHOO
Reported 11 months ago
Following the 0403 earthquake, Hualien's tourism industry suffered and the county government is working on revitalizing it with subsidies. Taipei DPP Councilor Li Jianchang previously criticized Hualien residents for supporting certain politicians, causing others to refrain from visiting the area. However, he later apologized for his comments. This sparked a backlash from People First Party spokesperson Xu Qianqing, who criticized the politicization of the situation. Li later expressed regret for his previous remarks and encouraged support for Hualien's future.
Source: YAHOO
Reported 11 months ago
Roaring Kitty, also known as investor-influencer Keith Gill, planned a live event to celebrate becoming a billionaire thanks to GameStop's stock surge, but saw his plans unravel after the company announced a large stock issuance, causing a premarket drop of 15%. The unexpected move dashed hopes of Gill hitting the $65 threshold needed for his stock to reach billion-dollar value and caused concerns of market manipulation due to Gill's social media sharing. Despite a potential SEC investigation, Gill's massive position in GameStop may pose challenges for him to cash in his paper fortune without crashing the market.
Source: YAHOO
Reported 11 months ago
On the morning of June 7, 2024, the Executive Yuan presented seven reasons for the reconsideration of the parliamentary reform bill, which veteran media personality Chen Fengxin criticized as 'three rumors and four verbal battles,' urging the public to see through the German influence behind Premier Cho Jung-tai. Chen pointed out discrepancies in the Executive Yuan's justifications, emphasizing the importance of a thorough legislative process and questioning the credibility of Cho Jung-tai's administration. The controversy centers around alleged misinformation to discredit the Legislative Yuan and create political conflicts, with Chen highlighting the lack of concrete proposals by the Executive Yuan and the need for impartial investigations by the judiciary.
Source: YAHOO
Reported 11 months ago
Kyrie Irving在賽後記者會上透露波士頓觀眾仍牽動著他的心。雖然他在比賽中表現平平，但他對喧嘩和批評的反應顯示他依然受到城市情緒的影響。對於綠衫軍的球迷來說，升起第18面冠軍旗幟的渴望使他們向前邁進，但Kyrie卻難以放手。
Source: YAHOO
Reported 11 months ago
When it comes to travel destinations in Europe, the Balkan Peninsula, known for its diverse cultures and rich history, is often overlooked. A travel agency offers a 17-day itinerary from Budapest, Hungary, exploring 9 countries and 11 world heritage sites, including Romania, Bulgaria, Kosovo, Macedonia, Albania, Montenegro, Bosnia, Croatia, and Hungary. The tour showcases the region's vibrant cities, historic sites, natural landscapes, and cultural treasures, making it a must-visit destination for travelers seeking an enriching experience.
Source: YAHOO