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Chris Clarke appointed practice leader of Homeland Security & Law Enforcement; Bryan Miller to lead newly combined Defense, Diplomacy, & Intel (DDI) practice MCLEAN, Va. , Dec. 16, 2024 /PRNewswire/ -- Guidehouse, a global consultancy providing advisory, digital, and managed services to the commercial and public sectors, has named Shannon White the new leader of its Defense & Security segment effective Jan. 1, 2025 . White succeeds John Saad , who has been named President of Guidehouse. Additionally, Chris Clarke will take on White's former role as Guidehouse's Defense & Security's Homeland Security & Law Enforcement practice leader. White brings a wealth of expertise in the national security sectors, along with a proven ability to deliver complex, high-impact solutions. With a track record of driving innovation and meaningful results, she has been instrumental in shaping Guidehouse's growth and impact across its diverse portfolio. Under her leadership, the Defense & Security segment will continue to focus on delivering mission-critical solutions to address the nation's most pressing defense and security challenges. "Shannon is a passionate leader whose experience will be invaluable as we continue to support purpose-driven initiatives to preserve security across the U.S.," said John Saad , President of Guidehouse. "Her strategic vision and expertise will accelerate Guidehouse's growth through transformative engagements with our clients in the defense, national security, and public sectors." Chris Clarke , Homeland Security & Law Enforcement practice leader Clarke, a partner at the firm, brings over 20 years of experience engaging with clients on complex challenges, with a focus on risk management and financial transformation. He has worked extensively across the U.S. Department of Homeland Security, U.S. Department of Justice, and the Intelligence Community leading hundreds of consultants to deliver a range of services in support of solving strategic challenges for Guidehouse clients. Bryan Miller , Defense, Diplomacy, & Intel (DDI) practice leader To position the firm for additional growth and to align with the evolving needs of its clients, Guidehouse has combined Defense & Security's Defense & Intelligence and Diplomacy & Development practices into a newly combined Defense, Diplomacy, & Intel (DDI) practice under the leadership of Bryan Miller . Miller, a partner at the firm, has over 20 years of industry experience focused on delivering strategy, supply chain and transformation programs to the U.S. Government. "This new structure strengthens our capabilities and provides a more cohesive approach to serving these interconnected client missions," added Saad. "Chris and Bryan are remarkable leaders with unmatched expertise in navigating the complexities of public safety and national security. We congratulate them on these new roles and are confident they will drive tremendous value for our clients and teams." Named a Military Friendly® Employer for six consecutive years, Guidehouse's Defense & Security segment serves U.S. diplomatic, intelligence, law enforcement, and defense agencies. Backed by proven success in helping clients compete, deter, and win, the firm delivers mission-critical optimization, technology modernization, and financial management solutions. About Guidehouse Guidehouse is a global consultancy providing advisory, digital, and managed services to the commercial and public sectors. Guidehouse is purpose-built to serve the national security, financial services, healthcare, energy, and infrastructure industries. Disrupting legacy consulting delivery models with its agility, capabilities, and scale, the firm delivers technology-enabled and focused solutions that position clients for innovation, resilience, and growth. With high-quality standards and a relentless pursuit of client success, Guidehouse's more than 18,000 employees collaborate with leaders to outwit complexity and achieve transformational changes that meaningfully shape the future. guidehouse.com Media Contact: Cecile Fradkin, cfradkin@scprgroup.com , Guidehouse View original content to download multimedia: https://www.prnewswire.com/news-releases/guidehouse-names-shannon-white-leader-of-defense--security-segment-302332867.html SOURCE Guidehouse
Military Armored Vehicles And Counter Ied Vehicle Market Driven by Demand for Immersive Technologies Across Industries 11-24-2024 08:20 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Verified Industry Insights Military Armored Vehicles And Counter Ied Vehicle Market Global Military Armored Vehicles And Counter Ied Vehicle Market Impact of AI and Automation The military armored vehicles and counter-IED vehicle market is witnessing robust growth, fueled by increasing geopolitical tensions and rising defense budgets worldwide. Governments are investing heavily in modernizing military fleets to enhance mobility, protection, and operational efficiency. The growing threat of asymmetric warfare, including the use of improvised explosive devices (IEDs), has significantly driven demand for advanced counter-IED vehicles. Technological advancements, such as integration of active protection systems, AI-driven situational awareness, and lightweight yet durable armor materials, are further boosting market expansion. Emerging economies in Asia-Pacific and the Middle East are rapidly acquiring these vehicles to strengthen their defense capabilities. Additionally, the demand for multi-role armored vehicles suitable for both combat and humanitarian missions is creating new growth opportunities in this sector. The dynamics of the military armored vehicles and counter-IED vehicle market are influenced by evolving security threats, defense spending priorities, and technological advancements. While rising threats from terrorism and regional conflicts drive demand, budget constraints in certain countries pose challenges for procurement. Innovations in vehicle design, including modular systems and hybrid powertrains, are shaping competitive strategies among manufacturers. The market also faces pressure to develop cost-effective solutions that balance performance with affordability. Regional disparities in adoption rates, with North America and Europe focusing on modernization and Asia-Pacific expanding capabilities, further define market trends. Moreover, increasing emphasis on survivability, mobility, and interoperability of armored vehicles highlights the need for continuous R&D. Export regulations and geopolitical factors also impact market dynamics, influencing global trade and partnerships. The Military Armored Vehicles And Counter Ied Vehicle Industry was worth $24 billion in 2023 and is forecasted to reach $36 billion by 2033, growing at a CAGR of 4.2% over the period 2024-2033. This report covers various segments and analyzes the key trends and factors influencing the market significantly.. The growth is being attributed to increasing demand in different sectors, Military Armored Vehicles And Counter Ied Vehicle technological advancement, and changing habits of consumers and industry towards sustainable and efficient technologies. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)@ https://www.verifiedindustryinsights.com/download-sample/1340464/?utm_source=OpenPr&utm_medium=072 Key Players in theMilitary Armored Vehicles And Counter Ied Vehicle Industry BAE Systems General Dynamics Lockheed Martin Rheinmetall Oshkosh Defense Northrop Grumman Thales Group Leonardo S.p.A. KMW+Nexter Defense Systems Navistar Defense L3Harris Technologies Global Military Armored Vehicles And Counter Ied Vehicle Market Segmentation: Military Armored Vehicles And Counter Ied Vehicle Industry by Armored Personnel Carriers Wheeled APCs Tracked APCs Low-profile APCs Military Armored Vehicles And Counter Ied Vehicle Industry by Main Battle Tanks Heavy Tanks Light Tanks Upgraded Tanks Military Armored Vehicles And Counter Ied Vehicle Industry by Counter IED Vehicles Mine Resistant Ambush Protected (MRAP) Vehicles Explosive Ordnance Disposal (EOD) Vehicles Electronic Countermeasure Vehicles Military Armored Vehicles And Counter Ied Vehicle Industry by Support Vehicles Recovery Vehicles Logistics Vehicles Command and Control Vehicles Market Segmentation Dynamics of Military Armored Vehicles And Counter Ied Vehicle Market: The global Military Armored Vehicles And Counter Ied Vehicle market comprises numerous types, each targeting specific market demands. More types that are familiar to the customers are, hardware, software and service based solutions. Hardware solutions comprise tangible goods that include sensors, devices and components for power applications. Software solutions aid in improving functions by automating systems, analyzing data and integrating artificial intelligence to make systems more functional and efficient. Service based offering include providing support, running maintenance and offering consultancy services to ensure that Military Armored Vehicles And Counter Ied Vehicle systems are able to operate optimally and provide satisfactory value over time. All these segments combine to satisfy customer needs with these different types of helping in growth of global Military Armored Vehicles And Counter Ied Vehicle market. Global Usage of Military Armored Vehicles And Counter Ied Vehicle: Businesses, consumers, and governmental bodies use the Military Armored Vehicles And Counter Ied Vehicle resources within the respective jurisdictions. Military Armored Vehicles And Counter Ied Vehicle products are incorporated into businesses operating in manufacturing, retail, healthcare, and other industries to increase efficiency, reduce costs, and boost performance. The consumers' needs are evolving due to changing lifestyles, new technologies, and growing demand for easy solutions. At the same time, Military Armored Vehicles And Counter Ied Vehicle are employed by the governments to sustain the public order, construct and develop infrastructure, and provide better services. Different end-user groups use products for different purposes which determine the development of products and trends in the market. Firms which are able to meet the diverse demands of the end-users stand a good chance to prosper in the competitive landscape of the Military Armored Vehicles And Counter Ied Vehicle sector. Global Market by Region: North America Europe Asia-Pacific Latin America Middle East & Africa The Military Armored Vehicles And Counter Ied Vehicle market at the global level depicts notable regional differences wherein North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa all to overall growth. North America has the highest level of technology use and is continually supported by the demands of healthcare, automotive and industrial. Europe has inbuilt objectives of sustainability, compliance with regulations and advances in automotive and energy industries. Asia-Pacific is projected to be the fastest region driven mainly by industrialization, middle class growth and technology investment. Latin America and the Middle East and Africa are considered as new markets with potential growth for infrastructures and adoption of technology. It is essential to appreciate these regional aspects and their interrelations in order to formulate appropriate growth strategies for the Military Armored Vehicles And Counter Ied Vehicle market. Receive a Discount By Purchasing This Report @ https://www.verifiedindustryinsights.com/ask-for-discount/1340464/?utm_source=OpenPr&utm_medium=072 Frequently Asked Questions (FAQ) on the Global Military Armored Vehicles And Counter Ied Vehicle Market promotion Q. What is the growth forecast of the global Military Armored Vehicles And Counter Ied Vehicle market? A. The Military Armored Vehicles And Counter Ied Vehicle Industry was worth $24 billion in 2023 and is forecasted to reach $36 billion by 2033, growing at a CAGR of 4.2% over the period 2024-2033. This report covers various segments and analyzes the key trends and factors influencing the market significantly.. It is obvious that demand for Military Armored Vehicles And Counter Ied Vehicle products will grow in the future as global markets expand. Factors such as rising consumer demand, technological advancements, and increasing industrial applications are fueling the market's expansion. As businesses and industries seek out possible advancement in operational efficiency and customized goods, the market's stable CAGR is expected to be witnessed. Q. Which regions have been influential in creating the need for Military Armored Vehicles And Counter Ied Vehicle in the countries that they operate in? A. Military Armored Vehicles And Counter Ied Vehicle's growth in volume has been derived mainly from Asia-Pacific primarily due to - accelerated industrial growth, urban expansion, and technological enhancement. This is closely followed by North America which will primarily be driven by technology enhancement and high consumption. Europe also remains a key market contributing towards Military Armored Vehicles And Counter Ied Vehicle demand fueled by the increasing trend towards innovative solutions sustainability. South America and Middle eastern and African regions too are increasingly becoming targets with awakening demand from infrastructures development and expanding industries. Q: What are the primary forces impacting the global Military Armored Vehicles And Counter Ied Vehicle industry? A: The expansion of the global Military Armored Vehicles And Counter Ied Vehicle market is mainly determined by technical advancement, transformation of customer requirements, and the growing requirement for efficiency across different regions. The infusion of advanced technologies like AI, automation, and IoT is improving the capability of products and creating new opportunities. Also, the trend towards greener approaches, the accompanying regulatory environment, and the rising adoption of Military Armored Vehicles And Counter Ied Vehicle in the developing economies are some major trends that are expected to influence the market. Q: Who dominates the global Military Armored Vehicles And Counter Ied Vehicle market? A: The global Military Armored Vehicles And Counter Ied Vehicle marketplace has matured companies as well as new innovators. The best companies have established excellence in marketing, have a wide range of products and are innovative. These companies are focused on upgrading their products and services, increasing their research and development activities as well as branching out into other core areas for regulatory advantages. Mergers and acquisitions are also part of the strategies that the top players deploy to ensure their success in the market. Q: In what manner are technologies supporting the growth of Military Armored Vehicles And Counter Ied Vehicle industry? A: Technology is revolutionizing the global Military Armored Vehicles And Counter Ied Vehicle industry by enhancing the features of products, increasing the efficiency of operations and creating new market opportunities. With the use of advanced technologies like AI, machine learning, automation, the production processes are being made more efficient, costs are being lowered and quality is increasing. The Internet of Things (IoT) also adds to the functionality and connectivity of products, resulting in more value for customers. There is also the emergence of digital transformation and data analytics enabling the businesses to understand their customers more comprehensively and thereby adjust their offers and marketing. Technology is enabling organizations to develop faster and better address the challenges in the market that is perpetually changing. 🔍 For More Information or Query, Visit @ https://www.verifiedindustryinsights.com/report/global-military-armored-vehicles-and-counter-ied-vehicle-industry/?utm_source=OpenPr&utm_medium=072 Categorized Aerospace and Defense: Military Vehicles and Weaponry The Global Military Armored Vehicles And Counter Ied Vehicle Market which is within the scope of Aerospace and Defense and further divided into specific structures under Military Vehicles and Weaponry has been growing tremendously with the increase in demand for new solutions and improvements. This market contains a large portfolio of applications and products to serve the various demands in the industry. With companies increasing the need to be efficient and productive, global Military Armored Vehicles And Counter Ied Vehicle Market has the potential to grow even further with a healthy outflow of money towards R&D. In addition, the increased demand for sustainability and regulatory measures are also altering the change in focus for the firms, encouraging them to develop green solutions. However, perhaps the most exciting development has been the emergence of a large number of new market participants, as well as existing ones who have an established presence in the industry. The market seems to have plenty of opportunities that stoke the growth and trends well enough to cater to the demand. 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Our primary cause is to enhance our clients through the delivery of a wide range of analytical research modalities that assist with strategic decision making as well as enhancing sustainable development to those clients. Since our establishment, we have experienced analysts and subject matter experts (SMEs) whose responsibilities include analyzing the market trends and competitive forces. In any and all research endeavors, when clients' needs come first, we strive to employ best practices in the industry while constantly being innovative and bold. We work with sectors such as health care, technology, finance, manufacturing and energy and customise our reports per sector. All in all, the aim of Verified Industry Insights is to aid organizations fuse through complex networks or landscapes in business and attain their goals or targeted objectives. Get in Touch with Us Mr. Edwyne Fernandes Verified Industry Insights Tel: +1 743 222 5439 This release was published on openPR.Dan Fitzsimons Sells 8,895 Shares of Pure Storage, Inc. (NYSE:PSTG) Stock
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North Korea and Russia are fortifying their relationship through sports, as ministers from both nations convened in Pyongyang on Sunday. The talks were aimed at bolstering exchanges between their respective sports sectors. Russia's Minister of Sport, Mikhail Degtyarev, alongside his North Korean counterpart, Kim Il Guk, formalized their future cooperation by signing a protocol for sports exchanges slated for 2025. This sporting collaboration unfolds amid heightened diplomatic and military ties, causing international concern over North Korea's involvement in Russia's conflict with Ukraine. (With inputs from agencies.)A drone, a plane or something else? Here’s how to identify what’s flying above you
BAKU – In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change. It's a far-from-perfect arrangement, with many parties still deeply unsatisfied but some hopeful that the deal will be a step in the right direction. Recommended Videos World Resources Institute president and CEO Ani Dasgupta called it “an important down payment toward a safer, more equitable future,” but added that the poorest and most vulnerable nations are “rightfully disappointed that wealthier countries didn’t put more money on the table when billions of people’s lives are at stake.” The summit was supposed to end on Friday evening but negotiations spiraled on through early Sunday. With countries on opposite ends of a massive chasm, tensions ran high as delegations tried to close the gap in expectations. Here's how they got there: What was the finance deal agreed at climate talks? Rich countries have agreed to pool together at least $300 billion a year by 2035. It’s not near the full amount of $1.3 trillion that developing countries were asking for, and that experts said was needed. But delegations more optimistic about the agreement said this deal is headed in the right direction, with hopes that more money flows in the future. The text included a call for all parties to work together using “all public and private sources” to get closer to the $1.3 trillion per year goal by 2035. That means also pushing for international mega-banks, funded by taxpayer dollars, to help foot the bill. And it means, hopefully, that companies and private investors will follow suit on channeling cash toward climate action. The agreement is also a critical step toward helping countries on the receiving end create more ambitious targets to limit or cut emissions of heat-trapping gases that are due early next year. It’s part of the plan to keep cutting pollution with new targets every five years, which the world agreed to at the U.N. talks in Paris in 2015. The Paris agreement set the system of regular ratcheting up climate fighting ambition as away to keep warming under 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial levels. The world is already at 1.3 degrees Celsius (2.3 degrees Fahrenheit) and carbon emissions keep rising. What will the money be spent on? The deal decided in Baku replaces a previous agreement from 15 years ago that charged rich nations $100 billion a year to help the developing world with climate finance. The new number has similar aims: it will go toward the developing world's long laundry list of to-dos to prepare for a warming world and keep it from getting hotter. That includes paying for the transition to clean energy and away from fossil fuels. Countries need funds to build up the infrastructure needed to deploy technologies like wind and solar power on a large scale. Communities hard-hit by extreme weather also want money to adapt and prepare for events like floods, typhoons and fires. Funds could go toward improving farming practices to make them more resilient to weather extremes, to building houses differently with storms in mind, to helping people move from the hardest-hit areas and to help leaders improve emergency plans and aid in the wake of disasters. The Philippines, for example, has been hammered by six major storms in less than a month , bringing to millions of people howling wind, massive storm surges and catastrophic damage to residences, infrastructure and farmland. “Family farmers need to be financed," said Esther Penunia of the Asian Farmers Association. She described how many have already had to deal with millions of dollars of storm damage, some of which includes trees that won't again bear fruit for months or years, or animals that die, wiping out a main source of income. “If you think of a rice farmer who depends on his or her one hectare farm, rice land, ducks, chickens, vegetables, and it was inundated, there was nothing to harvest,” she said. Why was it so hard to get a deal? Election results around the world that herald a change in climate leadership, a few key players with motive to stall the talks and a disorganized host country all led to a final crunch that left few happy with a flawed compromise. The ending of COP29 is "reflective of the harder geopolitical terrain the world finds itself in,” said Li Shuo of the Asia Society. He cited Trump's recent victory in the US — with his promises to pull the country out of the Paris Agreement — as one reason why the relationship between China and the EU will be more consequential for global climate politics moving forward. Developing nations also faced some difficulties agreeing in the final hours, with one Latin American delegation member saying that their group didn't feel properly consulted when small island states had last-minute meetings to try to break through to a deal. Negotiators from across the developing world took different tacks on the deal until they finally agreed to compromise. Meanwhile, activists ramped up the pressure: many urged negotiators to stay strong and asserted that no deal would be better than a bad deal. But ultimately the desire for a deal won out. Some also pointed to the host country as a reason for the struggle. Mohamed Adow, director of climate and energy think tank Power Shift Africa, said Friday that “this COP presidency is one of the worst in recent memory,” calling it “one of the most poorly led and chaotic COP meetings ever.” The presidency said in a statement, “Every hour of the day, we have pulled people together. Every inch of the way, we have pushed for the highest common denominator. We have faced geopolitical headwinds and made every effort to be an honest broker for all sides.” Shuo retains hope that the opportunities offered by a green economy “make inaction self-defeating” for countries around the world, regardless of their stance on the decision. But it remains to be seen whether the UN talks can deliver more ambition next year. In the meantime, “this COP process needs to recover from Baku,” Shuo said. ___ Associated Press reporters Seth Borenstein and Sibi Arasu contributed to this report. ___ The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org .A DISABLED man is being demanded to pay back $36,000 in Social Security after they reportedly overpaid him for 24 years. Retired postal worker Ron Bonasso is in his seventies and has to work two jobs to make ends meet because he cannot collect his Social Security . Despite paying into Social Security for years, Ron could not collect this money because of two key provisions: the Windfall Elimination Provision and Government Pension Offset. These two aspects of Social Security reduce benefits for nearly 3 million Americans, namely public servants who received a pension from a job that did not pay Social Security taxes. Ron said: "I'm just trynna make ends meet here, it's been no picnic. "There's a whole bunch of us who have been retired all these years who got schooled by Social Security ." read more in social security The Social Security Fairness Act, which passed the Senate with a 76-20 vote on December 21, will remove these two provisions. The bill will also end a second provision that reduces Social Security benefits for those workers' surviving spouses and family members. Senate Majority Leader Chuck Schumer said: "The Senate finally corrects a 50-year mistake." Shannon Benton, executive director for the Senior Citizens League, which advocates for retirees, commented that the bill 's passage is "a monumental victory for millions of public service workers who have been denied the full benefits they've rightfully earned. Most read in Money "This legislation finally restores fairness to the system and ensures the hard work of teachers , first responders and countless public employees is truly recognized." Once signed into law , the legislation's effective date involves Social Security payments for months after December 2023, according to the text of the bill . Democrats uniformly voted for the measure, while Republicans in the Senate were split, with 20 voting to pass it and 20 voting against it. Republicans who spoke against the bill largely objected to its cost, noting that the measure would accelerate the Social Security trust fund's projected insolvency by about six months. This is reportedly estimated to be roughly a decade away. Emerson Sprick, associate director of economic policy at the Bipartisan Policy Center, said: "the fact that there is such overwhelming support in Congress for exactly the opposite of what policy researchers agree on is pretty frustrating." The Committee for a Responsible Federal Budget, a nonpartisan fiscal think tank, is also warning the extra cost will affect the program's future . Here's how to supplement your Social Security: Given the uncertainty surrounding Social Security’s long-term future, it’s essential for workers to consider ways to supplement their retirement income. Senior Citizens League executive director, Shannon Benton recommends starting early with savings and investing in retirement accounts like 401(k)s or IRAs. 401(k) Plans A 401(k) is a retirement account offered through employers, where contributions are tax-deferred. Many employers also match employee contributions, typically between 2% and 4% of salary, making it a valuable tool for building retirement savings. Maxing out your 401(k) contributions, especially if your employer offers a match, should be a priority. IRAs An Individual Retirement Account (IRA) offers another avenue for retirement savings. Unlike a 401(k), an IRA isn’t tied to your employer, giving you more flexibility in your investment choices. Contributions to traditional IRAs are tax-deductible, and the funds grow tax-free until they are withdrawn, at which point they are taxed as income. "We are racing to our own fiscal demise," the group's president, Maya MacGuineas, said in a statement. "It is truly astonishing that at a time when we are just nine years away from the trust fund for the nation’s largest program being completely exhausted, lawmakers are about to consider speeding that up by six months." Read More on The US Sun Republican Senator Ted Cruz on the Senate floor on Wednesday said the bill as written will "throw granny over the cliff". The House of Representatives last month approved the bill in a 327-75 vote, which means that Senate approval sends it to Democratic President Joe Biden to sign into law .
Sterling Holdco Moves Ahead in RecapitalisationNEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four . The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial-intelligence offerings in particular. The market’s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time, as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting. For now, the general expectation among traders is that the Fed may cut a couple more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times so far this year and is heading for one of its best years of the millennium . The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin , which set another all-time high. But its stock ended the day down by les than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies . Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. AP Business Writer Elaine Kurtenbach contributed.
Some quotations from Jimmy Carter . We have a tendency to exalt ourselves and to dwell on the weaknesses and mistakes of others. I have come to realize that in every person there is something fine and pure and noble, along with a desire for self-fulfillment. Political and religious leaders must attempt to provide a society within which these human attributes can be nurtured and enhanced. — from 1975 book “Why Not the Best?” Our government can express the highest common ideals of human beings — if we demand of government true standards of excellence. At this Bicentennial time of introspection and concern, we must demand such standards. — “Why Not the Best?” I am a Southerner and an American, I am a farmer, an engineer, a father and husband, a Christian, a politician and former governor, a planner, a businessman, a nuclear physicist, a naval officer, a canoeist, and among other things a lover of Bob Dylan’s songs and Dylan Thomas’s poetry. — “Why Not the Best?” Christ said, “I tell you that anyone who looks on a woman with lust has in his heart already committed adultery.” I’ve looked on a lot of women with lust. I’ve committed adultery in my heart many times. This is something that God recognizes I will do — and I have done it — and God forgives me for it. But that doesn’t mean that I condemn someone who not only looks on a woman with lust but who leaves his wife and shacks up with somebody out of wedlock. — Interview, November 1976 Playboy. This inauguration ceremony marks a new beginning, a new dedication within our Government, and a new spirit among us all. A President may sense and proclaim that new spirit, but only a people can provide it. — Inaugural address, January 1977. It’s clear that the true problems of our nation are much deeper — deeper than gasoline lines or energy shortages, deeper even than inflation and recession. ... All the legislation in the world can’t fix what’s wrong with America. ... It is a crisis of confidence. — So-called “malaise” speech, July 1979. But we know that democracy is always an unfinished creation. Each generation must renew its foundations. Each generation must rediscover the meaning of this hallowed vision in the light of its own modern challenges. For this generation, ours, life is nuclear survival; liberty is human rights; the pursuit of happiness is a planet whose resources are devoted to the physical and spiritual nourishment of its inhabitants. — Farewell Address, January 1981. We appreciate the past. We are grateful for the present and we’re looking forward to the future with great anticipation and commitment. — October 1986, at the dedication of the Carter Presidential Library and Museum. War may sometimes be a necessary evil. But no matter how necessary, it is always an evil, never a good. We will not learn to live together in peace by killing each other’s children. — December 2002, Nobel Peace Prize acceptance speech. Fundamentalists have become increasingly influential in both religion and government, and have managed to change the nuances and subtleties of historic debate into black-and-white rigidities and the personal derogation of those who dare to disagree. ... The influence of these various trends poses a threat to many of our nation’s historic customs and moral commitments, both in government and in houses of worship. — From 2005 book “Our Endangered Values.” I think that this breakthrough by Barack Obama has been remarkable. When he made his speech (on race) a few months ago in Philadelphia, I wept. I sat in front of the television and cried, because I saw that as the most enlightening and transforming analysis of racism and a potential end of it that I ever saw in my life. — August 2008, commenting on then-Sen. Barack Obama’s candidacy. I think it’s based on racism. There is an inherent feeling among many in this country that an African-American should not be president. ... No matter who he is or how much we disagree with his policies, the president should be treated with respect. — September 2009, reacting to Rep. Joe Wilson’s shout of “You lie!” during a speech to Congress by President Barack Obama. I’m still determined to outlive the last guinea worm. — 2010, on The Carter Center’s work to eradicate guinea worm disease. You know how much I raised to run against Gerald Ford? Zero. You know how much I raised to run against Ronald Reagan? Zero. You know how much will be raised this year by all presidential, Senate and House campaigns? $6 billion. That’s 6,000 millions. — September 2012, reacting to the 2010 “Citizens United” U.S. Supreme Court decision permitting unlimited third-party political spending. I have become convinced that the most serious and unaddressed worldwide challenge is the deprivation and abuse of women and girls, largely caused by a false interpretation of carefully selected religious texts and a growing tolerance of violence and warfare, unfortunately following the example set during my lifetime by the United States. — From 2014 book “A Call to Action.” I don’t think there’s any doubt now that the NSA or other agencies monitor or record almost every telephone call made in the United States, including cellphones, and I presume email as well. We’ve gone a long way down the road of violating Americans’ basic civil rights, as far as privacy is concerned. — March 2014, commenting on U.S. intelligence monitoring after the Sept. 11, 2001, terror attacks We accept self-congratulations about the wonderful 50th anniversary - which is wonderful - but we feel like Lyndon Johnson did it and we don’t have to do anything anymore. — April 2014, commenting on racial inequality during a celebration of the Civil Rights Act’s 40th anniversary. I had a very challenging question at Emory (University) the other night: “How would you describe the United States of America today in one word?” And I didn’t know what to say for a few moments, but I finally said, “Searching.” I think the country in which we live is still searching for what it ought to be, and what it can be, and I’m not sure we’re making much progress right at this moment. — October 2014 during a celebration of his 90th birthday. The life we have now is the best of all. We have an expanding and harmonious family, a rich life in our church and the Plains community, and a diversity of projects at The Carter Center that is adventurous and exciting. Rosalynn and I have visited more than 145 countries, and both of us are as active as we have ever been. We are blessed with good health and look to the future with eagerness and confidence, but are prepared for inevitable adversity when it comes. — From 2015 book, “A Full Life.”
Mystery drone sightings continue in New Jersey and across the US. Here's what we know