Reported about 1 year ago
In May, US job growth surged and wages accelerated, leading traders to delay expectations for Federal Reserve interest-rate cuts. Nonfarm payrolls increased by 272,000, beating projections, while average hourly earnings rose by 0.4% from April and 4.1% from a year ago. The unemployment rate also increased to 4%, posing challenges for the Biden administration as voters express concerns about the economy and inflation. The strong labor market is likely to influence the Fed's monetary policy decisions, potentially delaying rate cuts until at least the end of 2024.
Source: YAHOO
Reported about 1 year ago
When switching from a traditional bank to an online bank, there can be a learning curve as online banks lack physical locations to deal with physical money, affecting transactions like depositing cash. Options for cash deposits may include using in-network ATMs, visiting retail partners, transferring from linked accounts, or sending wire transfers, with considerations on deposit limits, access time to funds, and fees. Various online banks offer different methods, such as ATM networks, retail partner deposits, and linked account transfers. Each method has its pros and cons, including access time to funds and potential fees involved, so it's essential to choose one that suits your needs.
Source: YAHOO
Reported about 1 year ago
After Stevan Ditter claimed Micah Lussier from season 2 of Perfect Match sucked the fun out of everything, Micah responds, stating that he never took the time to know her. Despite initially being paired up, the two developed connections with other people, leading to tension between them. Episode 6 ended with a cliffhanger, as fans wait to see if Kaz picks Micah or Holly, leaving one of them eliminated.
Source: YAHOO
Reported about 1 year ago
Karol G has been honored as Billboard's Latin Woman of the Year for 2024 at the Latin Women In Music event. Recognized for her outstanding achievements in music and touring, Karol G became the first woman to top the Billboard 200 with an all-Spanish-language album, won multiple Latin Grammy Awards, and grossed over $155 million on tour. Known for empowering up-and-coming artists, especially women, Karol G's impact extends beyond her musical success, making her a deserving recipient of this prestigious award.
Source: YAHOO
Reported about 1 year ago
Carlos Alcaraz and Alexander Zverev have advanced to the 2024 French Open men's singles final at Roland-Garros, marking the first final appearance for both players. Zverev secured his spot after defeating Casper Ruud in four sets, while Alcaraz triumphed over Jannik Sinner in a five-set thriller. This will be a historic final as it will not be won by a member of the 'Big 3' (Nadal, Djokovic, Federer) for just the second time since 2005.
Source: YAHOO
Reported about 1 year ago
遊戲商店（GameStop，GME）股票價格一度劇烈波動，股價最近因迷因交易象徵Keith Gill的回歸而大幅上漲。然而，這些漲幅並未持久，因為該公司的第一季結果未能達到收入預期。為提升流動性，GameStop宣布計劃出售高達7500萬股，此舉嚴重影響了股票的表現。欲了解更多專家見解和最新市場動態，請點擊此處觀看Morning Brief的完整集。
Source: YAHOO
Reported about 1 year ago
Source: INVESTORS
Reported about 1 year ago
According to the latest data from the Taiwan Depository & Clearing Corporation, although the Taiwan stock market hit a new high this week, the number of top holders increased by only 32 households compared to last week, indicating a cautious and fearful attitude among major investors. Stocks with the highest increase in top holders this week include fibrous fabric manufacturer Far Eastern New Century Corporation and Shin Kong Financial Holding, each added seven households; followed by Hong Yie Corporation, Chang Wah Electromaterials, GIGABYTE Technology, China Airlines, and Yuanta Financial Holdings, which each added six households. Analysts suggest that the increase of 32 households in top holders this week, compared to 4 the previous week, is a significant decrease, signaling a reduced willingness among top investors to chase prices as the market climbs, with a general collective sense of caution and fear among major holders.
Source: YAHOO
Reported about 1 year ago
Taiwan Semiconductor (TSM) experienced a significant 30% increase in sales in May driven by the growing demand for artificial intelligence. The company's latest earnings were discussed by Yahoo Finance's Seana Smith and Brad Smith, highlighting TSM's performance in comparison to other major players in the AI industry. This positive sales report reflects the continuous demand for AI in the market, emphasizing TSM's significant role as a key chip maker for Apple and NVIDIA.
Source: YAHOO
Reported about 1 year ago
YouTuber蔡阿嘎大動作表示解雇元老員工蘿拉，指其嚴重違反公司政策造成損失，並切割對方合作。蔡阿嘎答覆老闆拜地基主問題時感慨表示要抱持善良心存善念才會有好事。
Source: YAHOO
Reported about 1 year ago
Celine Dion reveals in an NBC interview that her stiff-person syndrome diagnosis has had a significant effect on her voice, causing muscle spasms that can be severe enough to cause injuries, including broken ribs. Despite the challenges, Dion remains determined to continue working towards being able to perform live again and has made occasional public appearances. A documentary detailing her health battle is set to be released later this month.
Source: YAHOO
Reported about 1 year ago
The Bureau of Labor Statistics reports the addition of 272,000 nonfarm jobs to the US economy, causing US equities to slide. GameStop shares drop nearly 20% in premarket trading after announcing the filing to sell up to 75 million class A shares. Nvidia will undergo a 10-for-1 stock split, making individual shares more affordable starting June 10. Yahoo Finance breaks down these key updates for investors on June 7. For more market insights, watch the full episode of Morning Brief with Yahoo Finance reporters Josh Schafer, Jared Blikre, and Madison Mills.
Source: YAHOO
Reported about 1 year ago
Denim, a fintech platform, received a $63 million warehouse facility from Silicon Valley Bank to scale its operations for broker customers. Since its founding in 2017 as Axle Payments, the company has raised a total of $235.4 million. Denim offers financial services to various segments of the supply chain, including freight brokers, and has recently integrated services into MyCarrierPortal for LTL brokers. In other news, OneRail acquires Orderbot to enhance its last-mile delivery network, and Qargo raises $14 million in Series A funding to expand its transport management platform.
Source: YAHOO
Reported about 1 year ago
During an annual snake survey in Ohio, a wildlife officer found an eastern Massasauga rattlesnake, a rare and threatened species in the state. The small, thick-bodied snakes with heart-shaped heads and vertical pupils have been declining in numbers due to extensive farming, with only nine counties having reported sightings since 1976. Despite having a potentially lethal venom, they are not aggressive and primarily feed on small rodents, frogs, and other snakes. The discovery highlights the importance of conserving this species, which is considered threatened under the Endangered Species Act and is one of only three venomous snakes in Ohio.
Source: YAHOO
Reported about 1 year ago
NFL fans have filed a class-action suit against the league over the Sunday Ticket package, alleging antitrust violations and forcing fans to pay for out-of-market games that were shown on CBS and FOX in other markets. The suit, covering almost 2.5 million subscribers from 2012 to 2022, seeks $21 billion in damages, with the Sunday Ticket rights previously held by DirecTV and switched to Google-owned YouTube TV in 2023 for $449 per season. This legal action comes as stocks aim to close the week positively on the NYSE amid GameStop's net sales drop and the U.S. economy adding 272,000 jobs in May.
Source: YAHOO
Reported about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year ago
Source: INVESTORS
Reported about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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