Memorial Day Travel, Dow Drops 600 Points, and an Airline for Dogs

Nearly 44 million people are expected to travel during the Memorial Day weekend, and travel website Skyscanner has put together a list of destinations to avoid if you are looking for a relaxing holiday. See the list here.
͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌  
Politics

 The Senate voted 43 to 50 to block a bipartisan border security bill for a second time Thursday, in what critics believed was an attempt to bolster Democrat messaging on the border crisis. (More)

➤ Former Republican presidential candidate Nikki Haley said she will vote for Donald Trump this November, despite having said during the primaries that Trump was “not qualified” to lead the nation. (More)  

The Biden administration is expected to announce an additional $275 million in military aid for Ukraine today. This would be the fourth installment of aid for Ukraine since last month’s foreign aid bill passed. (More)  

The Supreme Court reversed a lower court’s ruling in a 6-3 decision Thursday, saying that South Carolina’s Republican-controlled legislature did nothing wrong during congressional redistricting. (More)  

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7 Mistakes People Make When Choosing A Financial Advisor

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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.

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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

The Phillies' 11-4 victory over the Rangers Wednesday moved Philadelphia’s record to 36-14— the best 50-game MLB season start since the 2001 Seattle Mariners. (More)  

➤ The Cleveland Cavaliers fired coach J.B. Bickerstaff after five seasons Thursday, despite guiding the team to its first Eastern Conference semifinals in six seasons. (More)

Uzbekistani gymnast Oksana Chusovitina will miss her first Olympic Games since 1992 after an injury prevented the 48-year-old from qualifying for the national team. (More)  

➤ Yesterday's results: MLB | NBA | WNBA | NHL 

Finance

Trend LineMarket Report   05/23/2024

NASDAQ
Natl. Assoc. of Securities Dealers Automated Quotations
16,736.03
-0.39%
SPX
S&P 500
5,267.84
-0.74%
DJI
Dow Jones Industrial Average
39,065.26
-1.53%
BTC
Bitcoin
$67,853.7
-2.35%
GOLD
Per Ounce
$2,330.65
-2.60%
CYTK
Cytokinetics, Incorporated
$48.98
-17.31%

Big Stock Move: Cytokinetic stock fell 17% Thursday after the company announced pricing of a public offering of its shares at $51 a share. (More)

➤ Stocks fell heavily Thursday in the market's worst day of 2024, with the Dow falling 600 points despite a rally Nvidia shares. (More)

➤ Shares of Chinese tech giant Alibaba fell by more than 5% Thursday, following a report the company has considered selling convertible bonds to raise $5 billion. (More) 

➤ Salaries for Florida housekeepers are as high as $150,000 a year as a shortage of household staff applicants ignited a bidding war among wealthy Palm Beach and South Florida residents. (More)

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Try SmartAsset's no-cost tool to get matched with up to 3 vetted financial advisors serving your area. While your advisor matches may not necessarily be associated with the above institutions, consulting a fiduciary can be a great first step towards a comfortable retirement. Get your financial advisor matches today.

Science & Technology

The Euclid space mission released five new images of far-flung cosmic objects in much closer detail than previously seen, using both visible and infrared light. (See Images)

➤ Scientists are using a new technique to create lab-grown diamonds in 15 minutes at normal atmospheric pressure and without a starter gem, a breakthrough for creating lab-grown gems. (See Video)

Paleontologists working in a rich fossil field in Patagonia uncovered the bones of a new species of dinosaur they dubbed Koleken inakayali. It has only miniature, vestigial arms. (See Image)

The Rotator
Feel Good Friday

A teenage violinist who broke her wrist just before a gig was still able to perform after her father, a professional fiddle player, stepped up to handle the bow for her in a remarkable duet. (See Video)

How to propose to a book lover: Put the engagement ring inside a fake romance novel titled “Marry Me, Mon Cutie” that you design yourself, then give it to your intended in a real bookstore. Works every time. (See Video)

An Oregon homeowner came across a deer and a rabbit in the backyard and shot an adorable video of what looks like a play-date for Bambi and Thumper. (See Video)

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Et Cetera

 Bark Air, the first airline dedicated to dogs and their owners, launched Thursday, offering Gulfstream G5 jet travel to dogs regardless of size or breed. Tickets run $6,000 for domestic travel. (More)  

In other canine news, drug-sniffing dogs helped law enforcement officials seize nearly six tons of narcotics inside a shipment of produce this week, keeping $18 million in drugs off the streets. (More)  

Billionaire Robert Hale Jr. gifted every 2024 graduate of the University of Massachusetts Dartmouth with $1,000 last week and challenged the students to give half of it away. (More)  

Flying together with our sponsor  

 GoDonut is a clever and convenient stand for phones, tablets, and e-readers that makes it easy to enjoy your mobile devices anywhere, hands-free. (See it here)

Poll Position

Have you ever reconnected with an old friend from your past?

  1. Yes
  2. No

Thursday's Results:

Have you ever visited Graceland?

  1. No: 75.2%
  2. Yes: 24.8%

Quote BoxDaily Quote

Quote

“We haven’t seen any pullback in travel since the pandemic. Year after year, we have seen these numbers continue to grow. We don’t know when it’s going to stop." 

—  AAA spokesperson Aixa Diaz on Memorial Day weekend travel growth.

TriviaToday's Trivia

What Chicago Street is also known as The Magnificent Mile?

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UN Orders Israel Out, a Soccer Playing Elk Revisited, and a Lost WWII Sub Found

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