Monday, June 3, 2024

Politics

President Biden is expected to sign an executive order as soon as Tuesday allowing him to “shut down” the border with Mexico if crossings surge past a certain level. The GOP called it “too little, too late.” (See Details)

Anthony Fauci will offer his first congressional testimony in nearly two years today to a GOP-led committee investigating alleged misconduct under his leadership. (More)

➤ Harvard University announced that it would no longer speak out on political or social issues that don’t impact the school’s “core function” in an effort to tamp down ongoing student protests. (More)

 Vermont has become the first state to pass a law requiring fossil fuel companies to help pay for damage caused by climate change. The governor says the state expects lengthy lawsuits to follow. (More)

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The Flyover

7 Mistakes People Make When Choosing A Financial Advisor

Working with a financial advisor can be a crucial part of any healthy retirement plan. 

Research suggests that people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.¹ But choosing the wrong one could wreak havoc. Avoid these 7 mistakes when hiring an advisor so you can work to potentially save years of stress. See the list

With thousands of options available, finding an advisor can seem daunting. That’s why SmartAsset developed a free quiz to help match you with up to 3 vetted financial advisors serving your area, each legally bound to work in your best interest. It’s never too late to work towards a comfortable retirement. 

Get your financial advisor matches today.

1. “Journal of Retirement Study Winter” (2020). The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of your future results. Please follow the link to see the methodologies employed in the Journal of Retirement study.

Sports

A hard foul between plays that knocked Indiana Fever star Caitlin Clark to the floor by Chicago Sky guard Chennedy Carter on Saturday has been upgraded to a flagrant-1 violation after the WNBA reviewed the play. (See Video)

➤ HBO and the NFL will feature the Chicago Bears in the upcoming training camp documentary series “Hard Knocks.” The show has featured the Cardinals, Colts, and Dolphins In previous seasons. (More)

Colorado University defensive back Shilo Sanders, son of Coach Deion Sanders, reportedly filed for bankruptcy in October 2023 to discharge $11 million in debt from a high school civil suit. (See Details)

➤ Yesterday’s results: MLB | NBA | WNBA | NHL | PGA | LPGA | MLS | NASCAR

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Finance

Trend LineMarket Report   Previous Week

NASDAQ
Natl. Assoc. of Securities Dealers Automated Quotations
16,735.02
0.01%
SPX
S&P 500
5,277.51
+0.18%
DJI
Dow Jones Industrial Average
38,686.32
0.97%
BTC
Bitcoin
$67,888.0
+0.24%
GOLD
Per Ounce
$2,345.80
+0.02%

➤ A Tesla shareholder sued Tesla CEO Elon Musk, accusing him of insider trading over selling $7.5 billion worth of Tesla shares in late 2022. (More)

➤ A global shortage of oranges has sent prices soaring, prompting some orange juice makers to consider using alternative citrus fruits to make the popular breakfast drink. (More)

➤ Live Nation, the parent company of Ticketmaster, has been hit with a data breach that could affect as many as 500 million customers. The company confirmed the hack in a filing with the SEC Friday. (See Details)

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Annuity vs. 401(k): Which Can Be Better for Retirement?

Annuities and 401(k) plans are popular retirement savings vehicles. While similar in some ways, they also have important differences. Check out the pros and cons of each as you consider the approach for you. Learn more.

Consulting a financial advisor could help you determine a plan that factors your assets and taxes into your overall retirement goals. Try SmartAsset’s no-cost tool to get matched with up to 3 vetted financial advisors serving your area. It’s never too late to plan to work toward a comfortable retirement. Get your financial advisor matches today.

Science & Technology

➤ China landed an uncrewed spacecraft on the far side of the moon Sunday, on its way to becoming the first nation to retrieve rock and soil samples from the dark lunar hemisphere. (See Video)

➤ The planets align today for a “planet parade” featuring Jupiter, Mercury, Uranus, Mars, Neptune, and Saturn in an apparent line as their orbits orient along the same path. (See Diagram)

A fern has been discovered with more DNA than any other living thing. It’s a tiny plant, but scientists say its genome would stretch nearly 330 feet when unraveled. (See Photos)

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➤ Want to kill 99% of airborne germs in any room? Just turn on Purifair. (Watch it Work)

The Rotator
Monday Manifest

➤ Mexican voters went to the polls Sunday for a historic vote that’s expected to elect ruling party candidate Claudia Sheinbaum as the country’s first woman president. (More)

South Africa’s ruling ANC party lost its governing majority for the first time since 1994 in the country’s most sweeping political shift since the end of apartheid. (More)

Russia threatened former world chess champion Garry Kasparov with criminal charges for violating the country’s “foreign agent” law. Kasparov fled Russia a decade ago for fear of persecution. (More)

Et Cetera

 Media mogul Rupert Murdoch, 93, got married for the fifth time on Saturday to new wife Elena Zhukova, 67, a retired Russian biologist. (See Photos)

The 12-string acoustic guitar played by Beatle John Lennon on “Help” has sold for a record $2.9 million at auction. The guitar was recently found in an attic after being lost for 50 years. (See Photo

 A two-year-old “pint-sized Picasso” in Germany sells his abstract paintings of dinosaurs and horses for around $7,000 each, though one bidder has offered $148,000 for a specific painting. (See Paintings)

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Poll Position

Do you socialize with your neighbors?

  1. Yes
  2. No

Saturday’s Results:

What level of sunscreen do you wear?

  1. 30 SPF: 29.3%
  2. 50 SPF: 29.0%
  3. What’s Sunscreen? 23.6%
  4. Other: 7.3%
  5. 15 SPF: 6.4%
  6. 100 SPF: 4.4%

Quote BoxDaily Quote

Quote

“There will not be a permanent ceasefire until all our objectives are met.”

— Israeli Prime Minister Benjamin Netanyahu on his tentative acceptance of a multi-phase deal for a six-week truce in Gaza.

TriviaToday’s Trivia

What nation knighted a penguin?

Show me the answer

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