Reported 11 months ago
A Reddit discussion explored perceptions of wealth among individuals who grew up poor, where wealth was often associated with being able to afford necessities without second thoughts. While the average American deems a net worth of $2.2 million as wealthy, those who experienced poverty defined wealth by the ability to enjoy everyday luxuries and freedoms taken for granted by others. The thread noted indicators like easy access to healthcare, buying new items instead of secondhand, receiving a car as a gift, affording fresh produce, and more, emphasizing the true value of financial stability and planning to provide freedom and security.
Source: YAHOO
Reported 11 months ago
In a May 31st article by 'Persuade Miss', various summer cooling tips are shared, including wearing light-colored and breathable clothing, using parasols, hats, and thin outerwear for sun protection, and consuming hydrating fruits like melons and tomatoes. The article also recommends portable cooling gadgets like cool towels, handheld fans, cooling sprays, cooling patches, and cooling wipes to beat the heat while out and about. Additionally, suggested cooling products include moisturizing mineral sprays and refreshing wet wipes. These gadgets aid in maintaining a comfortable and cool state during hot summer days, while enhancing the overall cooling experience.
Source: YAHOO
Reported 11 months ago
Luka Doncic shares his initial thoughts on the upcoming NBA Finals matchup between the Boston Celtics and Dallas Mavericks, acknowledging the Celtics as the best team in the league with strong offensive and defensive weapons. Despite his impressive performance in previous meetings, Doncic recognizes the challenge ahead and highlights the importance of playing hard and showcasing amazing basketball to compete against the Celtics. Game 1 is scheduled for June 6 at TD Garden.
Source: YAHOO
Reported 11 months ago
The NFL is moving towards an 18-game regular season, sparking negotiations between players and team owners over revenue sharing. The NFLPA aims to increase the revenue split to 50% or beyond, potentially netting players millions. An 18-game schedule would pave the way for international games and increased revenue, presenting challenges such as restructuring the offseason, improving player health benefits, field conditions, and in-season load management. Despite resistance from team owners, the league is determined to make the 18-game season a reality by 2029.
Source: YAHOO
Reported 11 months ago
As former President Donald Trump receives unprecedented conviction on all 34 felony charges in his hush money trial, the market and broader landscape are left to ponder the implications. Analysts like Renato Mariotti dive into what's next, if an appeal is likely, and how Trump's base might react. Meanwhile, Costco's strong quarter, with increased same-store sales, demonstrates value consumer behavior amidst inflation concerns. Financial experts like Oliver Chen highlight Costco's appeal and agility in delivering high-quality products at competitive prices, offering a unique position in the consumer market.
Source: YAHOO
Reported 11 months ago
4月的核心PCE上涨0.2%，年增长率为2.8%，这导致国债收益率（^TYX, ^TNX, ^FVX）下降，推动了通货膨胀放缓但价格压力仍是重大风险的环境。美国摩根大通固定收入、货币及大宗商品首席投资官Kay Herr解释称，从三个月年化的角度看，3月的4.4%数字下降至4月的3.46%，是一个相当有意义的下降。她强调了美联储在降息或维持较高利率之间做出决策的双重 mandate 目标。
Source: YAHOO
Reported 11 months ago
華爾街的交易失敗率在周四上升，提醒人們本周轉向更快速交易系統帶來的挑戰。華爾街在進行到T+1系統的第一天交易時，説明交易定履行失敗水平略微增加至高於平均水平。此次上升比眾多行業參與者在轉換之前預測的小得多，轉換將美國股票結算時間縮短為一天。華爾街還面臨了另一個名為T+1的大型測試：MSCI Inc.指數的重新平衡。
Source: YAHOO
Reported 11 months ago
Source: INVESTORS
Reported 11 months ago
The parent company of Montreal’s Just For Laughs comedy festival, Groupe Juste Pour Rire Inc., is selling select assets as part of court-directed bankruptcy protection. Quebec City-based ComediHa! has agreed to acquire some assets in a sale and solicitation process initiated by Just for Laughs for restructuring, pending approval from the Québec Superior Court. The sales agreement is subject to a hearing on June 3, with both parties refraining from public comment until then. The move comes after Groupe Juste Pour Rire announced its restructuring under Canada’s Bankruptcy and Insolvency Act and reveals outstanding debts to secured creditors, including the National Bank of Canada and Bell Media. This development follows the acquisition of Just For Laughs in 2018 by ICM Partners and local Quebec investors, with CAA holding a small stake in the festival post the ICM acquisition and Howie Mandel no longer part of the ownership consortium.
Source: YAHOO
Reported 11 months ago
Russian tennis player Andrey Rublev experienced a meltdown and was knocked out of the French Open in the third round by Matteo Arnaldi. Rublev's outburst included arguing with the umpire, smashing his racket, and hitting his own knee with his racket. Expressing deep disappointment in his behavior and performance, Rublev acknowledged giving his opponent an advantage due to his actions. In contrast, Italian player Jannik Sinner advanced smoothly, winning his match with confidence, while Spanish player Carlos Alcaraz also secured a win, showing improvement in his game at the tournament.
Source: YAHOO
Reported 11 months ago
During Costco's Q3 earnings call, new CFO Gary Millerchip assured investors that the $1.50 hot dog combo price is safe, addressing recent speculation following former CFO Richard Galanti's comments hinting at a possible price hike. The iconic $1.50 price, set in the mid-1980s, has remained unchanged due to co-founder James Sinegal's insistence and Costco's cost-saving measures. Costco's strong sales performance in Q3 2023 indicates the hot dog deal may stay affordable for the foreseeable future.
Source: YAHOO
Reported 11 months ago
Costco sees strong sales in gold bars and silver coins, estimating around $200 million per month in sales, with these high-value items helping to drive e-commerce growth. Despite low markups on these items, the appeal lies in their exclusivity and attraction for collectors. Costco's strategy of selling these metals online has paid off, with digital sales increasing by 20.7% compared to last year. The exclusivity of these items also serves as a way to attract new members, making them a valuable asset for the company's online sales growth.
Source: YAHOO
Reported 11 months ago
Fantasy analyst Dalton Del Don highlights five starting pitchers making moves in fantasy baseball. Ben Brown impresses with his strikeout numbers and spotlight-worthy knuckle curve, while Michael King proves his potential despite fluctuating stats. Hunter Brown shows a resurgence in performance, and MacKenzie Gore is steadily proving himself as an ace despite tough matchups. Blake Snell remains a buy-low candidate with potential for improvement. These pitchers offer fantasy baseball managers intriguing options to consider.
Source: YAHOO
Reported 11 months ago
Following a fan confrontation caught on video, Mayor Michael Collins of Margate, New Jersey, publicly apologized to Jason and Kylie Kelce, offering to pay for a redo date night. The incident involved a resident berating the retired Philadelphia Eagles center and his wife in a parking lot, which led to a heated exchange. The Kelces have not commented publicly, with the fan later apologizing and expressing regret for her actions.
Source: YAHOO
Reported 11 months ago
ISS has joined Glass Lewis in advising against reinstating Tesla CEO Elon Musk's voided multibillion dollar pay package. The $44.9 billion package was previously valued at $56 billion in January. ISS criticized the package for failing to align Musk's financial interests with Tesla stockholders, with concerns about Musk's time spent on other ventures remaining unaddressed. Glass Lewis and ISS both recommended against the compensation package due to its potential dilution of shareholder value, despite Tesla's claim that it incentivized Musk to create over $735 billion in shareholder value since its approval in 2018.
Source: YAHOO
Reported 11 months ago
Lars Winkelbauer, a former high-ranking executive at Polar Air Cargo, has been sentenced to four years in prison for his involvement in defrauding the company of nearly $33 million. Winkelbauer, who served as COO for three years, was arrested in Thailand and extradited to the US. The scheme involved nine people, and he pleaded guilty to conspiracy to commit wire fraud and money laundering. In addition to the prison term, he was ordered to forfeit $6.7 million and repay Polar Air Cargo $32.9 million. The case also involved kickbacks received from customers and vendors in exchange for favorable contracts, resulting in significant financial harm to the company.
Source: YAHOO
Reported 11 months ago
2023/24年歐洲冠軍聯賽本週末將在倫敦溫布萊球場舉行，由多特蒙德對陣皇家馬德里的比賽結束。這將是皇家馬德里第15次冠軍聯賽冠軍賽，而多特蒙德自1997年以來首次爭取冠軍聯賽冠軍。皇家馬德里目前被認為在勝利機會上領先多特蒙德。想觀看倫敦溫布萊球場內所有足球比賽動作嗎？以下是觀看歐洲冠軍聯賽決賽的方式，包括開賽時間、串流資訊、勝率等。
Source: YAHOO
Reported 11 months ago
On the last trading day of the month, US stocks finished positively, with all three major indexes having their sixth positive month in the last seven. Despite two days of sharp losses, the Dow Jones rose 1.5%, the S&P 500 climbed 0.8%, and the Nasdaq Composite closed just below breaking even. The S&P and Nasdaq had their best May performances since 2003, while the Dow saw its best May since 2020. Investors showed signs of taking a break as Nvidia shares dipped and the Personal Consumption Expenditures price index rose 0.2% in April, marking a slowing from March. Bond yields fell, with the 10-year Treasury dropping to around 4.5% after the inflation report.
Source: YAHOO
Reported 11 months ago
Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit alleging racial discrimination against its Black financial advisers. The lawsuit accused the company of underpaying, promoting less, and terminating more African American advisers compared to white colleagues, leading to fewer advancements to senior roles. The settlement includes compensation for about 1,375 class members, programmatic relief like reviewing diversity initiatives, and training. While not admitting wrongdoing, Bank of America, which owns Merrill, aims to focus on assisting Black financial advisers and clients, noting a significant increase in Black advisers and team representation over the past decade.
Source: YAHOO
Reported 11 months ago
The US dollar is on track for its first monthly loss since December as inflation concerns ease, strengthening expectations that the Federal Reserve may reduce interest rates before the year ends. This shift in the dollar's momentum comes after Fed Chair Jerome Powell downplayed rate hike worries and a milder-than-expected rise in the consumer price index reduced inflation fears. The dollar's retreat has been accompanied by a decline in bullish bets on the currency, with speculators cutting long positions for a fifth consecutive week.
Source: YAHOO
Reported 11 months ago
The article discusses how the maintenance and upkeep of the US national parks are crucial due to the increasing number of visitors. The National Park Service faces a maintenance backlog now at $22 billion from $13 billion in 2020. Construction projects in parks like Great Basin National Park are impacting visitor access, with closures and restrictions in place. Parks will face temporary closures for repairs, such as at Great Basin National Park and Great Smoky Mountains National Park, with infrastructure improvements and road maintenance planned to enhance visitor experience in the long run.
Source: YAHOO
Reported 11 months ago
布鲁克林篮网宣布2024-25赛季Jordi Fernandez将带领全新的教练团队，包括Steve Hetzel、Juwan Howard等九名助教，以重建球队并带领球队走向正确方向。最引人注目的是Howard，他在任职密歇根大学主教练五个赛季后回到NBA，此前他曾在迈阿密热火担任过助教。
Source: YAHOO
Reported 11 months ago
Authorities in Poland stated that a fake news report appearing on the national news agency, falsely claiming Prime Minister Donald Tusk was mobilizing 200,000 men, was likely the result of a cyberattack by Russia-sponsored hackers aiming to interfere with the upcoming European Parliament election. Government officials emphasized the significance of the election amidst Russia’s destabilization strategy. Russian authorities have not responded to the allegations yet, with Poland facing ongoing cyber threats and hybrid warfare tactics from Russia and Belarus.
Source: YAHOO
Reported 11 months ago
Gap's first quarter sales growth across all brands was attributed to new marketing efforts and innovative products. The CEO emphasized the company's continued focus on improvement and long-term success. Analysts highlighted Gap's successful marketing approach and value pricing as key factors driving sales, with similar success seen at other retailers like Birkenstock, Abercrombie & Fitch, Ralph Lauren, and Deckers. The retail sector is witnessing a divide between companies that resonate with cautious consumers and those that struggle to attract spending. Gap's performance reflects the importance of product innovation and compelling marketing strategies in engaging customers.
Source: YAHOO
Reported 11 months ago
The FDA is examining the safety and efficacy of MDMA as a treatment for PTSD, as advocates push for psychedelic drugs to be used in medicine. While patients showed significant improvement in PTSD symptoms with MDMA and therapy, the FDA raised concerns over interpretation of research, potential for abuse, and safety risks such as heart problems. If approved in August, MDMA would become a prescription medication for certified doctors. The drug is part of a growing interest in psychedelics for mental health conditions like depression, addiction, and anxiety.
Source: YAHOO