Reported 11 months ago
Britain's richest households are facing higher inflation rates compared to poorer segments due to high mortgage costs and rapid price increases in restaurants and hotels. The top 10% of households saw a 5% inflation rate in March, a shift from a year ago when the poorest were experiencing higher inflation rates. While the poor have been alleviated by cooling energy and food inflation, the wealthy are now feeling the impact with high mortgage costs and rising prices for discretionary items they consume more of, like restaurants and services. The figures highlight the effects of interest rate rises by the Bank of England on mortgage holders, with retirees experiencing a lower inflation rate at 3.4%.
Source: YAHOO
Reported 11 months ago
In a thrilling game, Jonquel Jones scored 10 of her 20 points in the fourth quarter to lead the New York Liberty to an 81-78 victory over the Phoenix Mercury. The Liberty, with a 5-2 record, made a decisive 9-0 run in the final minutes to secure the win. Sabrina Ionescu contributed with 22 points, nine assists, and six rebounds, while Natasha Cloud and Kahleah Copper led the Mercury's scoring efforts. The exciting WNBA matchup showcased a resilient Mercury team fighting back but ultimately falling short in New York's favor.
Source: YAHOO
Reported 11 months ago
Fidelity投資表示將不對投資者購買一組由小型資產管理公司發行的交易所交易基金（ETF）徵收新費用，已經與發行機構取得一致的收入分享協議。這項協議將為Fidelity帶來勝利，該公司最初面臨ETF社區對收入分享協議的抵制。去年，Fidelity要求包括Simplify Asset Management、Rayliant Global Advisors和AXS Investments在內的9家小型發行商協助分擔運營成本。這場爭吵讓投資者瞭解到交易平台的經濟學和它們在不斷增長的ETF市場中的角色。
Source: YAHOO
Reported 11 months ago
聯合國電信機構已經開始了年度“AI for Good”會議，希望指導企業、消費者和政府如何利用新技術的潛力，同時避免潛在風險。OpenAI首席執行官Sam Altman是這場會議的矚目演講嘉賓之一，在談論人工智能技術的社會前景時，他必須應對有關治理、AI語音爭議以及被罷黜董事的批評。與此同時，聯合國秘書長安東尼奧·古特雷斯通過視頻表示，人工智能正在改變我們的世界和生活，但必須注意潛在的偏見、虛假信息和安全威脅，確保開發中國家能夠利用AI，實現全球連接。
Source: YAHOO
Reported 11 months ago
Senate Majority Leader Chuck Schumer and 22 other Democratic senators are urging the Department of Justice to investigate and prosecute potential collusion and price-fixing in the oil industry following an FTC probe involving Scott Sheffield from Pioneer Natural Resources. The Democrats assert that such actions by Big Oil may have led to heightened energy costs for Americans and are calling for a comprehensive industry-wide investigation, citing national security concerns and consumer protection as priorities.
Source: YAHOO
Reported 11 months ago
特斯拉正準備在中國向當局註冊其'全自動駕駛'軟體，以預備計劃今年推出技術先進的功能，並考慮將軟體作為月費訂閱服務售予中國車主。特斯拉在中國銷售FSD將開啟該電動車製造商的新收入來源，該公司正加倍努力透過中國收集和處理的數據來推動其全球自動駕駛系統的發展。特斯拉也考慮將FSD授權給中國的其他汽車製造商。
Source: YAHOO
Reported 11 months ago
In Berkshire Hathaway's first-quarter filings, Warren Buffett's secret stock investment was finally revealed to be in Chubb Limited (NYSE: CB). This move aligns with Buffett's affinity for insurance businesses due to their reliable and predictable nature in generating cash flow and dividends. Compared to the volatile market sentiment towards high-growth opportunities, Chubb's stable performance and value proposition make it an appealing investment choice, supported by its consistent free cash flow growth and dividend increases over the years.
Source: YAHOO
Reported 11 months ago
英国政客敦促英美公司重新考虑在英国北部Woodsmith化肥项目停工，此举是英美公司在拒绝全球矿业公司采矿公司BHP Group的收购提议后宣布资产重组的一部分。英美公司称，Woodsmith自2017年开始施工以来，已为约兰开夏郡和英格兰东北部经济贡献了15亿英镑（19.1亿美元）。英美称，虽然仍在投资，但由于加强资产负债表，正在放缓该项目的开发，一旦条件合适，将加快速度，充分发挥Woodsmith作为跨代矿山的潜力。
Source: YAHOO
Reported 11 months ago
Source: BARRONS
Reported 11 months ago
Source: YAHOO
Reported 11 months ago
Source: YAHOO
Reported 11 months ago
During a campaign event, a reporter asked Joe Biden if he planned to serve his full four-year term if re-elected, to which Biden responded by jokingly asking if the reporter had fallen on his head, implying the question was absurd. The exchange took place at Philadelphia International Airport, and the pair struggled to communicate due to background noise. Joe Biden's response has gained attention on social media.
Source: YAHOO
Reported 11 months ago
Source: YAHOO
Reported 11 months ago
A 67-year-old individual with $100,000 saved and aiming to retire in three years seeks advice on maximizing Social Security and pension income. With concerns about peers having significantly more savings, they consider annuities but weigh the complexity and fees involved. Insights suggest refraining from locking up funds and instead focusing on a balanced investment portfolio or high-yield savings options to offset retirement expenses and potentially continue saving, emphasizing the importance of personal financial planning over comparison to others' savings.
Source: YAHOO
Reported 11 months ago
Salesforce shares dropped around 18% after its weakest quarterly revenue growth forecast, leading to worries about competition from AI and high interest rates impacting demand. The company may face a potential loss of over $48 billion in market value, reporting below-expectation quarterly revenue for the first time in years. Salesforce's AI-focused data cloud business played a significant role in deals above $1 million, but the company's forecast suggested a slowdown in software demand, prompting concerns among investors and analysts.
Source: YAHOO
Reported 11 months ago
Nvidia dominates the AI chip market, with earnings soaring to triple digits and analysts predicting the AI market could reach over $1 trillion by the end of the decade. Nvidia's stock price has surged by 600% in the past three years, hitting nearly $1,000 before the company announced a 10-for-1 stock split scheduled for June 7. However, the article highlights that buying Nvidia shares before or after the split doesn't affect the value of an investor's holding, as splits are merely mechanical movements. The split aims to attract a broader range of investors to Nvidia, but the company's strong market position, growth prospects, and reasonable valuation at 42x forward earnings estimates make it an attractive investment choice whether bought before or after the split.
Source: YAHOO
Reported 11 months ago
Amin Nasser是沙特阿美公司的首席執行官，他以四十年的職業生涯贏得了專業職業倫理的聲譽，努力為應對挑戰做好準備。他在沙特教育後，進入阿美公司，逐步晉升至首席執行官。Nasser在公司發展方面展現出強大的領導能力，例如帶領公司進軍天然氣領域。他的工作範疇不僅限於生產和推廣石油，還包括確保沙特政府有足夠的收入以維持運作和支持沙特皇室安全。
Source: YAHOO
Reported 11 months ago
U.S. stocks closed lower as the Nasdaq dropped over 1%, with technology shares being led by a disappointing Salesforce forecast. The economy's slower growth in the first quarter and a rise in weekly jobless claims also impacted the market. Salesforce shares fell 19.7% after forecasting lower profits and revenue for the second quarter. The S&P 500 technology sector declined 2.5%, while the Dow Jones fell 0.86% and the S&P 500 ended down 0.60%. Dell Technologies saw a 12% post-close drop, and HP shares rose 17% in regular trading. Tesla gained 1.5% after news of its 'Full Self-Driving' software registration in China, while Best Buy shares surged 13.4% and Kohl's slumped 22.9% after cutting its annual forecasts.
Source: YAHOO
Reported 11 months ago
Tesla's shareholders will vote on June 13 to ratify Elon Musk's $56 billion pay package, which was voided by a Delaware judge in January due to his improper control over the process. The shareholder vote could impact the future legal battles. If the pay is ratified, it may lead to further challenges. Regarding the potential move of Tesla's legal home to Texas, a shareholder lawsuit in Delaware in 2018 has expressed concerns about shifting legal disputes to a Texas court. Legal implications remain as Tesla navigates these hurdles.
Source: YAHOO
Reported 11 months ago
The article discusses how Social Security is a crucial income source for retirees, with many relying on it for a significant portion of their income. It highlights the importance of the annual Cost-of-Living Adjustment (COLA) based on inflation, and how the forecasted 2.66% increase for 2025 could surprise retirees due to factors such as ongoing inflation rates, consumer expectations, and the difference between the inflation experienced by seniors and the measurement used for COLA calculations. The article suggests that the actual costs experienced by seniors may be higher than reflected in the COLA increase, impacting retirees' buying power. Overall, these factors may lead to a disparity between seniors' expectations and the final COLA result.
Source: YAHOO
Reported 11 months ago
A former butcher and current sales director at Niman Ranch explains the key differences between sirloin and ribeye steaks. While ribeye offers rich flavor due to its fat content and features a flavorful ribeye cap, sirloin is a leaner and more affordable option that is versatile for various cooking methods. The article also includes cooking tips for both cuts to ensure an enjoyable steak experience, highlighting the importance of personal preferences when choosing between the two based on factors like flavor and cost.
Source: YAHOO
Reported 11 months ago
Source: BARRONS
Reported 11 months ago
Golden Goose Group SpA, a luxury sneaker brand, is commencing an initial public offering in Milan projected to be Italy's most significant listing in more than a year, reflecting a resurgence in Europe's equity capital markets. The company aims to raise €100 million from new share sales and existing stock sales by private equity firm Permira, potentially valuing Golden Goose at around €3 billion with net debt. The IPO comes amidst a recovering market that has seen increased stock market listings and proceeds, although some companies have postponed listings due to valuation concerns.
Source: YAHOO
Reported 11 months ago
A new pilot program under President Joe Biden's administration will restrict the eligibility of ethanol for U.S. sustainable aviation fuel (SAF) subsidies, potentially impacting the biofuel industry's growth and hindering the goal of producing 3 billion gallons of SAF by 2030. The program requires ethanol producers to meet strict climate-friendly farming practices to qualify for a $1.25/gallon production tax credit, with concerns raised about the limited number of farmers currently meeting the requirements and the overall impact on biofuel production.
Source: YAHOO
Reported 11 months ago
美國今日報告Nvidia股票何時拆股？您需要了解的情況詹姆斯·鮑威爾，美國今日，2024年5月30日上午6:07在強勁開年之後，科技巨頭Nvidia以為一股拆為十股方式回應。這家人工智慧和電腦硬件公司在上週的季度財報電話會議中宣布了拆分。公司報告顯示，與2023年第一季度相比，收入增長了260%以上，而數據中心收入從去年同期增長了427%，達到226億美元。該公司表示，這個增長部分受到了生成式人工智慧培訓需求的推動。
Source: YAHOO