Astrological Predictions for June 2, 2024
Read about the astrological predictions for Geminis, Cancer, Leos, Virgos, Libras, Scorpios, Sagittarians, Capricorns, Aquarians, and Pisces for June 2, 2024. Find out what the stars have in store for you today!
Ticketmaster Confirms Massive Hack Impacting 560 Million Customers
Ticketmaster, owned by Live Nation, confirms a major hack impacting 560 million customers. Hackers demand $500,000 ransom to prevent data sale. Australian government and FBI offer support. Data breach part of larger cyberattack involving Snowflake. Santander also affected by same hacking group. Potential for more breaches to be exposed.
WNBA Stars Fight to Remove Kelly Loeffler in ‘Power of the Dream’ Documentary
Discover the powerful fight of WNBA stars to remove former team owner Kelly Loeffler in the new documentary ‘Power of the Dream’. Produced by Dawn Porter, Tracee Ellis Ross, Sue Bird, and Nneka Ogwumike, the film showcases how players united against Loeffler during the Black Lives Matter movement in 2020, leading to her removal and the team’s new direction towards social justice.
Federal Reserve Bank of Minneapolis President Neel Kashkari Addresses Possibility of Interest-Rate Increases
Federal Reserve Bank of Minneapolis President Neel Kashkari addresses the possibility of interest-rate increases, emphasizing the need for more evidence of cooling inflation before considering rate cuts. Despite acknowledging the current restrictive policy stance, Kashkari stresses the importance of assessing demand impact before making new policy decisions. The Federal Open Market Committee is expected to maintain interest rates at a 23-year high during their upcoming meeting in June. Kashkari warns of risks in the commercial property market and anticipates surprises in the distribution of potential losses.
PLDT Inc. Expands Network Infrastructure with Guam Point-of-Presence Establishment
PLDT Inc. expands network infrastructure with the establishment of a physical point-of-presence in Guam, enhancing connectivity between Asia-Pacific and the US. The strategic move aims to empower businesses and individuals in an interconnected world. The addition of Guam PoP enables a direct Philippines-to-Guam route, unlocking interconnection opportunities for carriers in the region. Collaboration with STC Group to improve international voice services for overseas Filipino workers further solidifies PLDT’s position in the global telecommunications landscape.
Access Denied to Webpage Containing Chief Economist Information
Access to a webpage containing information related to chief economists and economics news has been denied, leaving users frustrated and unable to view the content. Efforts to resolve the issue and restore access are ongoing, with users advised to seek alternative sources of information in the meantime.
California Explores Road Charge Program to Combat Declining Gas-Tax Revenues
California is considering a ‘road charge’ pilot program to address declining gas-tax revenues by charging vehicle owners based on miles driven, not fuel type. The proposed rate could be between US$0.02 to $0.04 per mile. This shift aims to support road infrastructure funding amid the rise of fuel-efficient and zero-emission vehicles.
Direxion Daily Semiconductors Bear 3x Shares Trading Activity Increases by 40% on Friday
Direxion Daily Semiconductors Bear 3x Shares (NYSEARCA:SOXS) saw a surge in trading activity, with the stock price reaching $29.00. Institutional investors like Jane Street Group LLC and Simplex Trading LLC made significant adjustments to their positions. Learn more about the fund’s performance and investment strategy in our featured articles.
Rise of ‘Build-to-Rent’ Communities in Housing Market
Discover the rise of ‘build-to-rent’ communities as a solution to the housing crisis, offering renters high-quality, modern homes without the burden of ownership. With a growing demand among younger tenants, these communities are providing a promising solution to the affordability crisis in the housing market.
Costco Stock Declines Despite Exceeding Revenue and Earnings Expectations
Costco’s fiscal 2024 third-quarter results exceeded expectations with a 9.1% increase in revenue and a 29% rise in earnings per share. Despite the positive performance, the decision to keep membership fees unchanged raised questions about potential fee adjustments. Analysts remain optimistic about Costco’s stock, with a consensus target price of $805.82 and a majority recommendation to Buy, highlighting the company’s growth potential.