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New England Patriots safety Jabrill Peppers got some good news on Monday, as he was removed from the NFL's commissioner's exempt list. According to the Boston Herald's Doug Kyed , the 29-year-old was removed because " the baseline suspension for a violation of the personal conduct policy involving the actions for which he's accused is six games, and he's already missed seven games." After the news was announced, Peppers took to social media to share his reaction to his reinstatement. On Instagram, the former Michigan Wolverine posted a photo of himself smiling with the caption"Smitle through it all, it's gon be alright!" A post shared by Jabrill Peppers (@teamjreall) As Kyed notes, the NFL may still impose additional discipline at the end of this process. The next step is the jury trial which will take place on Jan. 22. At this point, the league has permitted Peppers to return to the practice field and play for the Patriots. We will see if New England does the same. MORE PATRIOTS NEWS Winners and losers from Patriots’ Week 12 matchup vs. Dolphins Takeaways from New England’s loss to Miami Where Patriots sit in 2025 NFL draft order after Week 12 Patriots should consider coaching/front office changes
No. 23 Texas A&M aims to hand Oregon first loss at Players EraThe Cavaliers and new head coach Kenny Atkinson have been the story of the 2024-25 NBA season. Cleveland is getting it done on both ends of the court, and no team has a better record. We’re only a month into the season, so there’s plenty of time for things to change. As it stands now, the Eastern Conference is extremely top heavy, and the Cavs should continue racking up wins. The stars could be aligning for a deep postseason run, and I’m breaking down the Cavaliers’ NBA Championship odds. I’ll also review two more betting markets worth considering. Editor’s note: Click here to learn how to read betting odds and bet on sports . Cavaliers NBA Championship odds (+1300) BetMGM : +1200 bet365 : +1200 Caesars : +1100 Fanatics : +1200 FanDuel : +1200 DraftKings : +1300 Despite Cleveland’s unexpected start to the season, you still can get terrific value on the Cavaliers' NBA championship odds. DraftKings provides the best value, as a $100 wager returns $1,300. It’s no surprise to see the Celtics in the top spot of NBA championship odds markets. However, I’m slightly shocked to see some of the teams listed above the Cavaliers. BetMGM gives better odds to the Thunder (+500), Knicks (+850) and Mavericks (+1000). Cleveland’s 15-0 record was a franchise-best for consecutive wins to open a season. Only three other teams in NBA history have conquered that feat. Unfortunately, the hot streak ended earlier this week when the Cavs visited Boston and lost, 120-117. It was only the third time Cleveland gave up more than 115 points. Expectations were high for Atkinson when he inherited a roster that made the Eastern Conference semifinals. Still, nobody imagined things would go so well this early in the year. Atkinson’s up-tempo offensive philosophy has the Cavaliers scoring the most points per game in the NBA. Donovan Mitchell and Co. aren’t just taking more shots, either. Cleveland leads the league in field-goal percentage. The uptick in scoring isn’t forcing the Cavs to make sacrifices on defense. Cleveland ranks in the top half of the NBA in average points allowed, a sign of a well-balanced squad. The 2024-25 NBA season is still young, and more time is needed to sort out the Finals contenders and pretenders. But at +1200 odds or longer, the Cavaliers deserve consideration if you’re looking to place an NBA championship bet. Cavaliers Eastern Conference winner odds (+500) BetMGM : +500 bet365 : +500 Caesars : +425 Fanatics : +475 FanDuel : +500 DraftKings : +500 Only four teams have stood out in the East: the Cavaliers, Celtics, Magic and Knicks. Every other squad is below .500, and the foursome mentioned above has the star power to compete in the postseason. All roads to the NBA Finals lead through Boston, as the Celtics look poised to defend the Larry O’Brien Trophy. If it does come down to Cavs versus Celtics in the Eastern Conference Finals, let’s review how the teams matched up in their first meeting earlier this week. Cleveland’s high-flying offense was held to 40 points in the first half, and Boston led by 17 at the break. The Cavs’ deficit grew to 21 in the second half until Cleveland tallied 40 third-quarter points. The Cavaliers kept it close in the final 12 minutes, but the Celtics kept answering and never surrendered the lead. Mitchell led all scorers with 35 points, but Darius Garland had his worst game of the year. Garland hit 14.3% of his shots, went 0-for-6 from three and finished with eight points. It was his first game without a three-pointer. The Celtics’ bigger guards got the better of Garland, which is cause for concern in future meetings. In Cleveland’s defense, Max Strus, Isaac Okoro, Caris LeVert and Dean Wade were inactive. It’s easy to point to the Cavaliers’ lack of depth as a reason for the loss. I’m not putting much stock in an early-season defeat on the road, and the Cavaliers should be in the mix for the conference title because of the lack of quality teams in the East. Cavaliers win total and odds BetMGM : 56.5 (-110 to the over) bet365 : 56.5 (-105 to the over) Caesars : Not available Fanatics : Not available FanDuel : 56.5 (-110 to the over) DraftKings : Not available I may be beating a dead horse, but facing a weak Eastern Conference provides faith in the Cavaliers surpassing their win total. It would be notable to reach the totals listed above, as Cleveland has won 55+ games in only one season since 2010. The three worst teams in the East (Raptors, Wizards and 76ers) have yet to crack five wins, and 11 of the 15 squads are below .500. The Cavs are the only Central Division team with a winning record. Mitchell is the obvious star in Cleveland. The 28-year-old leads the team in scoring, three-pointers and steals, but it’s not a one-man show at Rocket Mortgage FieldHouse. Mitchell and Garland are a strong one-two punch. Garland is an efficient three-point shooter and excels at creating shots for his teammates. Evan Mobley’s scoring is up from his previous three seasons, and he’s benefitted greatly from Atkinson’s offensive scheme. Mobley and Jarrett Allen give the Cavs an offensive presence near the rim, making Cleveland a high-level scoring threat from multiple areas of the court. Mobley and Allen also provide excellent rim defense and rebounding. Starting the season 15-0 wasn’t a fluke, and there’s no reason why the Cavaliers’ winning ways can’t continue. More Sports Betting bet365 bonus code unlocks $150 bonus or $1K first-bet for Steelers vs. Browns on TNF bet365 Ohio bonus code: $150 bonus or $1K first-bet safety net for Steelers vs. Browns Steelers vs. Browns top player prop picks for TNF: How to bet bad weather game Steelers vs. Browns predictions and best bets: Expect the unexpected in bad weather game Latest FanDuel promo code for NBA Cup Cavs vs. Celtics: $150 bonus and NBA League Pass
South Sudan’s Kiir says Tumaini Initiative complements peace dealGovernor Uba Sani of Kaduna on Tuesday commissioned 10 roads within Kaduna metropolis. The projects were commissioned ten months after the groundbreaking in February. Speaking at the event, the governor noted that the completed roads will enhance connectivity and accessibility for residents, farmers, business owners, and other road users in Kaduna and its environs. Mr Sani further said that the new roads, “will reduce travel time, enhance security, boost trade and commerce, and foster social interaction among our citizens.” He added that the, “well-constructed roads are the backbone of economic activity, enhancing transportation, connecting people and businesses, and connecting farmers and citizens to markets, schools, and healthcare facilities.” According to him, the commissioning “symbolises the progress we are making together as a community and reflects our collective aspirations for a better tomorrow.” He, therefore, urged all stakeholders, including community leaders, local government officials, and citizens, to take ownership of the roads. “Let us work together to ensure they are well-maintained and utilised to their fullest potential. These roads are not just for transportation; they are conduits for economic growth, social interaction, and community development,” he added. The commissioned roads are Garba Ja Abdulkadir Road, Bissau Road, Unguwan Muazu township Roads, including Water Intake Road, off Yakowa Road. Other are the Yakubu Gowon Residential Layout Roads, the Kawo Layout Roads, off ‘Yan Awaki Road, the State House Roads Network, and the Stadium Roundabout to Command Junction Road. The others are the residential layout off Gobarau Road; the residential layout off Kinshasha Road, Sultan-Surame road and Ohinoyi Road. Mr Sani also promised that in the second quarter of 2025, his administration will commission 12 more roads, including the 5.525 km asphaltic road from Airport Road to Tudun Biri Community, Kaduna State. He recalled that, “Our administration has performed the groundbreaking for the construction of 70 roads totalling 770 kilometres across the three senatorial districts of Kaduna State. “While a number of these projects have already been successfully completed, the remaining ones are progressing steadily towards completion,” he added.
By MEAD GRUVER and AMY BETH HANSON, Associated Press A judge on Monday rejected a request to block a San Jose State women’s volleyball team member from playing in a conference tournament on grounds that she is transgender. Monday’s ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to continue competing in the Mountain West Conference women’s championship scheduled for later this week in Las Vegas. The ruling comes after a lawsuit was filed by nine current players who are suing the Mountain West Conference to challenge the league’s policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. While some media have reported those and other details, neither San Jose State nor the forfeiting teams have confirmed the school has a trans women’s volleyball player. The Associated Press is withholding the player’s name because she has not publicly commented on her gender identity. School officials also have declined an interview request with the player. Judge Crews referred to the athlete as an “alleged transgender” player in his ruling and noted that no defendant disputed that San Jose State rosters a transgender woman volleyball player. He said the players who filed the complaint could have sought relief much earlier, noting that the individual universities had acknowledged that not playing their games against San Jose State this season would result in a forfeit in league standings. He also said injunctions are meant to preserve the status quo. The conference policy regarding forfeiting for refusing to play against a team with a transgender player had been in effect since 2022 and the San Jose State player has been on the roster since 2022 – making that the status quo. The player competed at the college level three previous seasons, including two for San Jose State, drawing little attention. This season’s awareness of her identity led to an uproar among some players, pundits, parents and politicians in a political campaign year. The tournament starts Wednesday and continues Friday and Saturday. San Jose State is seeded second. The judge’s order maintains the seedings and pairings for the tournament. Several teams refused to play against San Jose State during the season, earning losses in the official standings. Boise State and Wyoming each had two forfeits while Utah State and Nevada both had one. Southern Utah, a member of the Western Athletic Conference, was first to cancel against San Jose State this year. Nevada’s players stated they “refuse to participate in any match that advances injustice against female athletes,” without providing further details. Crews served as a magistrate judge in Colorado’s U.S. District Court for more than five years before President Joe Biden appointed him to serve as a federal judge in January of this year. Gruver reported from Cheyenne, Wyoming, and Hanson from Helena, Montana.SAN ANTONIO (AP) — Colorado secured what it said was record insurance coverage for quarterback Shedeur Sanders and Heisman Trophy winner Travis Hunter as the star duo opted to complete their college careers in the Alamo Bowl rather than sit out and prepare for the NFL draft. Colorado would not disclose the amount of insurance coverage each received, citing privacy laws. Coach Deion Sanders and athletic director Rick George both said it was the largest in college football history. “We happen to have two players that are probably going to be the first two picks of the NFL draft,” Sanders said Monday. “We all know who those two are and they have received, I think, the highest number of coverage that has ever been covered in college football. It far exceeds anyone that has ever played this game of college football.” While college programs maintain insurance policies for their athletes in case of injury, Colorado increased disability coverage for its entire roster in the Alamo Bowl. Sanders, the coach of the No. 20 Buffaloes, ensured his QB son and two-way star Hunter received larger policies since both are expected to be among the top 10 selections in the upcoming NFL draft. “It was his idea we should get disability insurance for our athletes for this game to ensure that they played and if there was some kind of injury that they would be well taken care of," George said. “So, we worked together on that. We’re excited about it. We think it’s great that all our players are playing in the game. That’s what all bowl games should be like.” Colorado (9-3, No. 23 CFP) will face the 17th-ranked BYU Cougars (10-2, No. 17 CFP) in the Alamo Bowl on Saturday. While most teams are scrambling with starters opting out of bowl games this year to enter the transfer portal or NFL draft, the Buffaloes did not lose any player on their two-deep roster. “It’s more than what I got (when he played at Kansas State),” Colorado linebackers coach Andre’ Hart said. “They gave us a helmet and said pop this on your leg and get out there and play. For them to get that (increased insurance coverage), I just think it’s beneficial. To talk about where the game is, where it’s going and how leadership is taking care of the players, I thought that’s excellent.” Shedeur Sanders completed 337 of 454 passes for 3,926 yards and 35 touchdowns this season. Many scouting services have Sanders rated as the top quarterback in this year's draft. Hunter received the Heisman Trophy as a two-way standout at cornerback and wide receiver. He had 92 receptions for 1,152 yards and 14 touchdowns and as a cornerback had four interceptions, broke up 11 passes and limited the opposition to 22 receptions on 688 defensive snaps. “They’ve taken care of us, everybody,” Colorado running back Micah Welch said. “It really means a lot to have every teammate up here. That's a big thing. What I like about Coach Prime, they’re taking care of us.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballNo arbitrary addition, deletion in Maha voters list, EC tells Cong
AP Business SummaryBrief at 6:28 p.m. EST
Shohei Ohtani wins 3rd AP Male Athlete of the Year award, tying Michael Jordan for 1 shy of recordThe Giants were a no-show against the Bucs after releasing quarterback Daniel Jones
(The Center Square) - Prominent Democratic Congressman Ro Khanna, D-Calif., urged Gov. Gavin Newsom to include Tesla in the governor’s plans for a California electric vehicle credit — which Newsom said would not include Tesla. Earlier on Monday, Newsom announced his plan to create a California credit if the Trump administration follows through with plans to nix the $7,500 federal EV credit. “Tesla makes over 550,000 vehicles in Fremont in my district & employs over 20,000,” said Khanna on X. “Let's not play politics with keeping manufacturing in California. It would be foolish to exclude Tesla. Have we learned nothing from snubbing [Elon Musk] at the Biden EV summit?” In 2021, President Joe Biden held an electric vehicle summit at the White House, notably not inviting Elon Musk, whose Teslas were half of electric vehicles sold in the U.S. at the time. After Trump’s re-election, Musk responded to a video of Biden telling General Motors CEO Mary Barra she “led” and “electrified the entire automobile industry." “You will not find a better friend than me, nor a worse enemy,” said Musk on X. The Wall Street Journal reported Musk’s snubbing at the EV summit was a headline factor in Musk's decision to oppose Democrats and back Trump. According to the IRS, the current $7,500 federal EV credit is income limited to individual earners making up to $150,000, heads of households making up to $225,000, and married couples making up to $300,000 per year. The vehicles also have a price limit of $55,000 for a sedan, or under $80,000 for a SUV or truck, and must be assembled in the US and meet battery and mineral requirements to qualify for the full $7,500 nonrefundable tax credit.
MISSOULA, Mont. (AP) — Marcus Adams Jr.'s 19 points helped CSU Northridge defeat Denver 89-60 on Monday night. Adams also added 11 rebounds for the Matadors (5-1). Keonte Jones added 17 points while shooting 4 of 6 from the field and 8 for 8 from the line and also had five rebounds and three blocks. PJ Fuller shot 2 of 8 from the field, including 0 for 4 from 3-point range, and went 6 for 6 from the line to finish with 10 points. Nicholas Shogbonyo led the way for the Pioneers (3-4) with 15 points. Pedro Lopez-Sanvicente added 10 points and two blocks for Denver. The Associated Press created this story using technology provided by and data from .Brazil's Air Force confirmed Friday the successful launch of an unmanned rocket into space. The unit was built with 100% national technology, it was also explained at the Barreira do Inferno Center in Parnamirim, in the State of Rio Grande do Norte. The VS-30 suborbital sounding rocket took off at 13:19 and remained in space for 2 minutes and 50 seconds before landing in the Atlantic Ocean. The entire mission lasted 5 minutes and 50 seconds and ended the first phase of Operation Potiguar. The Brazilian-built spacecraft is about eight meters long and weighs 1.5 tons at liftoff. It can carry up to 330 kilograms. Friday's flight was filled with more than 1,000 letters from public school students. Although suborbital vehicles cannot enter orbit, they can reach altitudes above the atmosphere. They are used in scientific and technological experiments of interest to various industries, such as pharmaceuticals, metallurgy, food, and cosmetics. The purpose of the launch was to train the team, as well as to test equipment and processes. According to the FAB, the rocket followed the trajectory as planned, and the telemetry and radar response systems functioned correctly throughout the flight. The initiative seeks to generate greater Brazilian autonomy in launching events of this type of vehicle, Department of Aerospace Science and Technology (DCTA) Director Brigadier Maurício Augusto Silveira de Medeiros explained. In the second phase of Operation Potiguar, scheduled for the second half of 2025, another rocket of the same model will be used to qualify the recovery system for the upper part of the vehicle, known as the microgravity suborbital platform (PSM). (Source. Xinhua)
(Bloomberg) — Never miss an episode. Listen and follow The Big Take DC on Apple Podcasts, Spotify or wherever you get your podcasts. After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent to be the next Treasury secretary. On today’s Big Take DC podcast, hosts Saleha Mohsin and David Gura discuss why Trump chose Bessent, and how Bessent might approach the job. Listen and follow The Big Take DC on Apple Podcasts, Spotify or wherever you get your podcasts. Terminal clients: click here to subscribe. Here is a lightly edited transcript of the conversation: David Gura: The hedge fund manager Scott Bessent is President-elect Donald Trump’s pick ... to be the next Secretary of the Treasury, and he finally got the nod ... after a very public – and kinda messy! – competition. Saleha Mohsin: It was a knife fight for a very stressful job. Gura: Bloomberg’s Saleha Mohsin covered that contest, as it played out – on television, on op-ed pages, and at Mar-a-Lago, where Trump has been preparing for his second term. And it dragged on for weeks: Mohsin: Scott Bessent looked like he was tipped to get the job, easy peasy. And then, he left town, he left Palm Beach, and Howard Lutnick, the co-chair of Trump’s transition efforts, and CEO of Cantor Fitzgerald, he moved in. Gura: And, Saleha says: Mohsin: We had Lutnick out there, talking and having his allies come in for him, and against Bessent, and then you had Bessent doing the same thing... Gura: That strategy backfired. Saleha says it made the president-elect so irritated, that he brought in more candidates, including Kevin Warsh, a former Federal Reserve governor, and Marc Rowan, the CEO of Apollo Global Management. In the end, Trump nominated Lutnick to run the Commerce Department... Warsh reportedly said he’s more interested in the job of Fed chair, when that opens up. So, Bessent got Treasury: Gura: What was it that sort of tipped things in his favor at the end? Mohsin: It might have been that no one really, other than Bessent, really wowed Trump. Gura: Trump has picked someone who knows Wall Street, and that seems to have impressed Wall Street: stocks rose and the dollar weakened, after the president-elect announced his decision. I’m David Gura, and this is the Big Take DC, from Bloomberg News. Today on the show, I’m joined by my co-host Saleha Mohsin to talk through... who is Scott Bessent? And if he’s confirmed by the US Senate, how will he approach the job, and advance his boss’ economic agenda? So President-elect Trump made this announcement after the market closed on a Friday. I think I got the email at 6:55 Eastern time. As you and our colleagues have talked to investors, what are they telling you about the president-elect’s pick? Mohsin: Markets seem happy. They see Bessent as bringing stability, which is something that we had in Trump 1.0. You know, as much turnover as you saw in Trump’s Cabinet, Steven Mnuchin stayed as Treasury secretary for all four years, and he was able to leverage relationships because people knew this man is going to stay, and he understands the plumbing of the global financial system. You know, that’s something that markets really want. They want stability, and if Bessent can somehow manage to provide that, I think he’ll end up being a successful Treasury secretary. Gura: What kind of career has Scott Bessent had up to this point? What’s his background? Mohsin: Yeah so he worked for George Soros. He was involved in the investor bet that broke the pound in the early ‘90s. And so he comes with a keen interest in currency policy. And you can tell he talks about that a lot and Donald Trump talks about dollar policy a lot. He also set up and ran his own hedge fund since about 2015 or 16, I think, he has been overseeing that and it was about a year or a little over a year ago that he re-entered Trump’s orbit, and started looking at Trump’s policies and saw that Trump’s stock was going to go up and he was right. Gura: You said “re-entered” Trump’s orbit. When did they meet? Mohsin: So, Bessent told me that he has known the Trump family for like 30 years, uh, and I think he knew Trump’s brother, and so he said, Oh, well, Donald Trump probably knew my face, but didn’t quite know exactly who I was, but he was close to Donald Trump Jr. That was sort of his door into Trump world about a year ago, and that’s how he got a first meeting with Donald Trump. Gura: What do your sources say about how the work that he’s done, so working with these big hedge funds, is likely to shape his perspective on this job, and maybe it would just be useful for you to describe all that a Treasury secretary has to do. It’s a huge remit. Mohsin: Yeah, it’s, it’s huge. People like to call the Treasury secretary the Chief Financial Officer of the United States, but that actually only refers to one third of the job. A Treasury secretary oversees debt issuance. And that’s somewhere we could see from a Treasury secretary Scott Bessent, a little bit of creativity, maybe in how our massive deficit is issued and how that’s structured and, and sort of the tenor of notes and things. He’s also going to be involved in tax policy and financial stability, international economic diplomacy. So being the representative for that at G7 and G20 meetings. And then the other big component is national security, and foreign policy by way of economic sanctions. Gura: As you talk to investors about him, do any of them express any reservations about him not having experience in Washington, not being a creature of D.C.? Not being someone like Janet Yellen, for instance, who spent the bulk of her career in Washington in a lot of these big, high profile jobs doing quite a bit of management? Mohsin: So there’s always a steep learning curve for a Treasury secretary, particularly when it comes to dealings with Congress. The example that comes up frequently, a more recent kind of screw up there or confusion or misreading of the room is Steven Mnuchin. I think it was 2017, he had to raise the debt ceiling and he went into a room full of Republican lawmakers and it was a private conference and said, just raise the debt ceiling for me. And they burst out of that room telling every reporter that this is what he said, “for me.” We’re not going to do it for you. We serve the American people, not you. And it was such a blunder. You know, Steven Mnuchin came in, he didn’t know any lawmakers very closely or how all this stuff really worked from a Washington perspective, did not have experience in the public sector. Tim Geithner knew. He came from the Federal Reserve. He’d been at Treasury as a civil servant in the 90s. Hank Paulson had no experience on that front. You would, you would hope people like that, they come in without hubris of knowing what you don’t know and then relying on people to help you navigate. And also just understanding that you come from a world where it’s about relationships and deal making, um, and just learning on the fly. You know, Bessent comes from Wall Street, but he doesn’t have the same experience of some of the big heavyweights that we’ve seen as Treasury secretary. So Bob Rubin, Hank Paulson, Steven Mnuchin, they loomed large because of their Goldman experience. Paulson, he was CEO, and he said that something about the way at Goldman you learn about serving the client, not serving your own ego, really prepared him to work in government, where his biggest client was the President. So Bessent doesn’t come from that sort of traditional part of Wall Street. Gura: After the break... What we know about how aligned Bessent is with Trump, and what that could tell us about how Bessent may approach the role of Treasury secretary.... Scott Bessent, President-elect Donald Trump’s nominee to be the next treasury secretary, helped Trump hone his messaging – about the economy – on the campaign trail. And when Trump announced he’d picked Bessent to lead Treasury, he said will quote, “support my Policies that will drive U.S. Competitiveness, and stop unfair Trade imbalances, work to create an Economy that places Growth at the forefront, especially through our coming World Energy Dominance.” How much uncertainty is there, Saleha, about where Scott Bessent stands on the president-elect’s biggest economic priorities? Mohsin: We know quite a bit, David, because he was, Bessent was kind of openly auditioning for this role. He would meet with reporters, do ed boards. He’s written op-eds for the Journal, for The Economist, for Fox, talking about different policies. I think it was Friday, November 15th, Bessent wrote an op ed talking about how supportive he is of tariffs as a tool of foreign policy, trade policy, national security. And so markets now are digging into those comments, things that he’s said, they kind of see someone with a Wall Street pedigree like Bessent as someone who might be a bit of a, a hindrance to Trump’s more protectionist or populist tendencies, but, that’s the open question to me, is how much say will Scott Bessent as Treasury secretary have over tariffs, if you have Howard Lutnick over at Commerce, who’s also overseeing USTR, the US Trade Representative’s office, to focus on tariffs and trade. I think markets should kind of keep an eye on how much sway Bessent really has with tariffs. Gura: We had this knife fight play out in the run up to these nominations of Howard Lutnick and Scott Bessent. Are people confident that the fight ends there, that when that moves into the Cabinet room, we’re not going to see the same kind of, of fighting? Mohsin: No, people are not confident in that at all. [laughs] In the first administration, we saw these kinds of knife fights play out. You know, cabinet officers leaking to the press or going on Fox News to make their case for the policy that they want implemented over someone else. And it doesn’t always bode well. Lutnick has secured a pretty big job. He has Commerce secretary, he’s also overseeing USTR, and that’s a new idea. Trump decided to put that under Lutnick’s purview, so the two men do not get along. That’s why it didn’t turn out where one is NEC director and one’s Treasury secretary, because Trump and the team realize these two men can’t work together. Gura: Scott Bessent said in an interview over the weekend, his top priority is going to be taxes. Is he going beyond just pushing for the continuation of the so called Trump tax cuts? Is it, is it bigger than that? Mohsin: Oh, I, yeah, I want, I have so many questions on how tax policy is going to unfold because you know, the first hundred day plan is a huge thing that we’re going to be watching for as we see officials rolled out and policy plans rolled out and, and signals given. Trump’s 2017 tax cuts, some of those tax cuts expire at the end of 2025, I think. Republicans own Congress, both chambers in their hands. So let’s see how far they can get. But I don’t know that Bessett has said anything, in grave detail, uh, about where that would go. We know publicly Donald Trump has talked about a lot of different kinds of tax cuts. Gura: Bessent is someone who has not shied away from talking about the deficit. He talked about it during an interview on Bloomberg Television, back in October: Bessent: I am very concerned about what is happening right now. We have never had a budget deficit like this. We are at 7% of GDP in terms of the deficit. We’ve never had this deficit. When it’s not a recession, not a war. And what do we have to show for it? Gura: How does he plan to reduce the size of the deficit? Mohsin: Yeah, I love deficit talk because everyone comes up with these great ideas of how to reduce the deficit, but Congress needs to do that, right? A Treasury secretary can lead the charge. Congress is the keeper of the purse, when it comes to spending and, and taxes. Any time an administration or a government has accomplished that, it is because Wall Street or investors or markets have thrown a tantrum that you have too much deficit. And I don’t see how a Trump administration or Congress makes the very difficult trade offs and cuts in spending that will be unpopular with voters unless they can blame it on markets or blame it on someone else. Gura: Scott Bessent’s going to play a role in picking the next chair of the Federal Reserve, advising the President elect on that. Mohsin: Yeah, let’s talk about the Fed. Donald Trump thinks that presidents should have a say on interest rates. We don’t know what that really means. And so I don’t know maybe this is some kind of creative thinking on Bessent’s part to say, okay look, he really wants to fire Powell or he really wants to set monetary policy or have a say. Maybe the way to do it where we’re not just causing a constitutional and markets crisis by sacking the Federal Reserve Chair, we do it by creating this shadow Fed Chair situation where you nominate or announce the name of who you will pick, send to the Senate for confirmation to be the next Federal Reserve Chair, and that person is providing forward guidance on what they would do, so markets start to look to that person’s comments over the sitting Federal Reserve Chair. But this is my number one question to Scott Bessent right now, is like how would that play out and how seriously should we take this plan? Gura: Effectively like a Fed chair in waiting. Mohsin: Yeah. Yeah. Gura: You covered the Treasury Department when Steven Mnuchin was running it, and he was there, as you said, for all four years of Donald Trump’s first term. If Scott Bessent is confirmed, what is going to determine how successful he is at the job? Mohsin: With Trump, it’s always maintaining Trump’s trust, and always making sure you’re aware of who he’s meeting with and trying to be the last person in the room as Bessent learned when he left Palm Beach and thought that he had bagged the job of Treasury secretary and then it kind of blew up. Mnuchin learned that. Steven Mnuchin learned that if you leave the president with Peter Navarro, then the trade advisor and like a you know a known China hawk, in the room with president too long, Trump is going to start asking questions like can we aggressively intervene in the US dollar to make it weaker and can we do x y and z that might really blow up, um, foreign relations or economic relations with other countries? So I think Scott, Scott Bessent will have to learn sort of to make sure that you stay in the good graces of the president, stay visible and are keeping tabs and keeping Treasury-related policies firmly in the hands of the Treasury department and not let others encroach on that remit.OTTAWA — NDP Leader Jagmeet Singh says his party will not support a Liberal plan to give Canadians a GST holiday and $250 unless the government expands eligibility for the cheques, saying the rebate leaves out "the most vulnerable." The Liberals announced a plan last week to cut the federal sales tax on a raft of items like toys and restaurant meals for two months, and to give $250 to more than 18.7 million Canadians in the spring. Speaking after a Canadian Labour Congress event in Ottawa, Singh says he's open to passing the GST legislation, but the rebate needs to include seniors, students, people who are on disability benefits and those who were not able to work last year. Singh says he initially supported the idea because he thought the rebate cheques would go to anyone who earned under $150,000 last year. But the so-called working Canadians rebate will be sent to those who had an income, leaving out people Singh says need the help. The government intends to include the measures in the fall economic statement, which has not yet been introduced in the House of Commons. The proposed GST holiday would begin in mid-December, lasting for two months. It would remove the GST on prepared foods at grocery stores, some alcoholic drinks, children's clothes and toys, Christmas trees, restaurant meals, books, video games and physical newspapers. A privilege debate has held up all government business in the House since late September, with the Conservatives pledging to continue a filibuster until the government hands over unredacted documents related to misspending at a green technology fund. The NDP said last week they had agreed to pause the privilege debate in order to pass the legislation to usher in the GST holiday. Singh said Tuesday that unless there are changes to the proposed legislation, he will not support pausing the debate. The Bloc Québécois is also pushing for the rebates to be sent to seniors and retirees. This report by The Canadian Press was first published Nov. 26, 2024. David Baxter, The Canadian Press
Holidays readily come to mind as the year wraps up and Christmas approaches... or signup to continue reading Especially for Aussies, because Christmas is our intro to summer holidays. The education world prepares for a new academic or school year, and there's annual leave for workers, with maintenance scheduled to ensure the best use of downtime. Our northern hemisphere friends anticipate a shorter break during winter's shortened days and extended nights. But warmly clad in spectacular sweaters, they'll enjoy equally spectacular Christmas markets, sleighrides, and other festivities. Holly Days feature in these festivities, as yuletide merchandising moves into overdrive. There's an emphasis on mystery and magic in lavish decorations, special sale offers, gift lists and surprises, as diet-destroying menus dominate all the partying. With annual performance bonuses in the air, charitable agencies tap into this generosity, raising funds to support the people who are struggling. But imagine inviting everyone to your birthday party and seeing them all enjoying themselves, consuming your food and drink, giving each other presents, and then leaving without even mentioning you... Yet this happens each year, for Christmas signifies Jesus' birth. The date may well be wrong, but with Rome's Saturnalia - a season of giving - coming every December 25, the church adopted it to emphasise God's special gift to the whole world, shown in sending Jesus Christ as a baby in Bethlehem. As a Holy Day, Christmas invites us to respond to God's offer for us to realise what he is like; and to know him personally, since he knows what being human is like. For he's fully aware of our value, our potential, and all that interferes with our potential. We might anticipate reliving special memories from popular literature, art, music, movies, or a range of religious events that Christmas has inspired, but God's grace also comes unexpectedly. It was on Christmas Eve 1914 that a brief, unofficial truce spontaneously occurred between the trenches, as German, French, and British troops sang Christmas carols and exchanged gifts in no man's land. Our pressures may never reach the depth of the dangers they faced, but God's grace can reach into our most traumatic moments. Better still, as we recognise his presence with us and trust him to calm our fears or resentments - however justified they are - he trusts us to rise above the pain and share his grace with others in their challenges. At any time - not only at Christmas. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. 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Fresh daily!SAN ANTONIO (AP) — Colorado secured what it said was record insurance coverage for quarterback Shedeur Sanders and Heisman Trophy winner Travis Hunter as the star duo opted to complete their college careers in the Alamo Bowl rather than sit out and prepare for the NFL draft. Colorado would not disclose the amount of insurance coverage each received, citing privacy laws. Coach Deion Sanders and athletic director Rick George both said it was the largest in college football history. “We happen to have two players that are probably going to be the first two picks of the NFL draft,” Sanders said Monday. “We all know who those two are and they have received, I think, the highest number of coverage that has ever been covered in college football. It far exceeds anyone that has ever played this game of college football.” While college programs maintain insurance policies for their athletes in case of injury, Colorado increased disability coverage for its entire roster in the Alamo Bowl. Sanders, the coach of the No. 20 Buffaloes, ensured his QB son and two-way star Hunter received larger policies since both are expected to be among the top 10 selections in the upcoming NFL draft. “It was his idea we should get disability insurance for our athletes for this game to ensure that they played and if there was some kind of injury that they would be well taken care of," George said. “So, we worked together on that. We’re excited about it. We think it’s great that all our players are playing in the game. That’s what all bowl games should be like.” Colorado (9-3, No. 23 CFP) will face the 17th-ranked BYU Cougars (10-2, No. 17 CFP) in the Alamo Bowl on Saturday. While most teams are scrambling with starters opting out of bowl games this year to enter the transfer portal or NFL draft, the Buffaloes did not lose any player on their two-deep roster. “It’s more than what I got (when he played at Kansas State),” Colorado linebackers coach Andre’ Hart said. “They gave us a helmet and said pop this on your leg and get out there and play. For them to get that (increased insurance coverage), I just think it’s beneficial. To talk about where the game is, where it’s going and how leadership is taking care of the players, I thought that’s excellent.” Shedeur Sanders completed 337 of 454 passes for 3,926 yards and 35 touchdowns this season. Many scouting services have Sanders rated as the top quarterback in this year's draft. Hunter received the Heisman Trophy as a two-way standout at cornerback and wide receiver. He had 92 receptions for 1,152 yards and 14 touchdowns and as a cornerback had four interceptions, broke up 11 passes and limited the opposition to 22 receptions on 688 defensive snaps. “They’ve taken care of us, everybody,” Colorado running back Micah Welch said. “It really means a lot to have every teammate up here. That's a big thing. What I like about Coach Prime, they’re taking care of us.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
YEAR IN REVIEW: Surrey's Top 10 entertainment stories of 2024Mixed day for global stocks as market hopes for 'Santa Claus rally'
A voting machine firm suing Fox News now wants to probe Murdoch family trust fightThe BGL Automotive Aftermarket Insider – AAPEX/SEMA Show Recap , /PRNewswire/ -- Investor interest in automotive aftermarket M&A will remain high in 2025 as favorable tailwinds, including an increasingly aging car parc, more miles traveled, and the proliferation of new technologies, continue to drive the industry forward, according to an industry report released by the Automotive Aftermarket investment banking team at Brown Gibbons Lang & Company (BGL). Inside the report, BGL shares its annual recap of the 2024 AAPEX and SEMA Shows in . The automotive aftermarket M&A environment and strategies impacting current and future deal activity are discussed, and optimism and interest in the sector remain high. Political discussion pervaded conversations more than ever before among company owners and investors, largely due to the unique timing of the show and our U.S. Presidential Election. Through discussions with owners and other industry leaders, BGL identified key strategies that companies are employing to navigate uncertainty and challenges facing the industry. Key takeaways include: How the scarcity of quality assets in 2023 and 2024 has sparked fierce competition among buyers Why owners and investors should act soon to seize the opportunities in the non-discretionary aftermarket segment The factors behind a surging M&A interest in suppliers of replacement parts and mission-critical services Why more miles, older vehicles, and a growing car parc are creating continued value of non-discretionary parts and service providers BGL's maintains coverage of the broad automotive sector, including the automotive supply chain, automotive aftermarket, and the on- and off-highway commercial vehicle sectors. Our team has executed numerous transactions for private, public, or institutionally-backed companies in the automotive industry, including M&A sell-side advisory, financial restructuring advisory, and capital markets advisory. Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on , , , , and other strategic matters. BGL has investment banking offices in , , , , and , and real estate offices in , , and . The firm is also a founding member of REACH Cross-Border Mergers & Acquisitions, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of and . For more information, please visit . View original content to download multimedia: SOURCE Brown Gibbons Lang & Company