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NoneU.S. stocks held steady on Thursday, as technology shares dipped following recent gains, with investors on edge for Friday's expected jobs report. Yet, the indexes stayed near recent highs. Despite a 0.3% slip in the S&P 500 technology index from its record high, major U.S. indexes showed resilience. UnitedHealth shares dropped 4.7%, significantly affecting the Dow and S&P 500, after the CEO of its insurance unit, Brian Thompson, was fatally shot in New York in a targeted attack. Forecasters predict Friday's employment numbers will reveal a 200,000 increase in November's nonfarm payrolls. Anticipation builds as market participants assess economic conditions and upcoming Fed actions, influenced by a new pro-market administration and Chair Powell's comments on the strengthened economy and rate adjustments. (With inputs from agencies.)
Seibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the CowboysTech billionaire Elon Musk spent at least $270 million to help Donald Trump win the US presidency, according to new federal filings, making him the country's biggest political donor. SpaceX and Tesla CEO Musk, the world's richest person, was an ardent supporter of Trump's White House campaign -- funneling money into door knocking operations and speaking at his rallies. His financial backing, which has earned him a cost-cutting advisory role in Trump's incoming government, surpassed spending by any single political donor since at least 2010, according to data from nonprofit OpenSecrets. The Washington Post reported that Musk spent more this election cycle than Trump backer Tim Mellon, who gave nearly $200 million and was previously the Republican's top donor. Musk donated $238 million to America PAC, a political action committee that he founded to support Trump, filings late Thursday with the Federal Election Commission showed. An additional $20 million went to the RBG PAC, a group that used advertising to soften Trump's hardline reputation on the key voter issue of abortion. Musk has been an ever-present sidekick for Trump since his election victory in November, inviting him to watch a rocket launch in Texas by his SpaceX company. Trump has selected the South African-born tycoon and fellow ally Vivek Ramaswamy to head the so-called Department of Government Efficiency, through which the pair have promised to deliver billions of dollars of cuts in federal spending. However, with Musk's businesses all having varying degrees of interactions with US and foreign governments, his new position also raises concerns about conflict of interest. The president-elect has nominated several people close to Musk for roles in his administration, including investor David Sacks as the so-called AI and crypto czar. Meanwhile, billionaire astronaut Jared Isaacman, who has collaborated with Musk's SpaceX, was named the head of US space agency NASA. pgf-bjt/acbFootball clubs ‘alarmed’ by lack of consultation on regulator – Karren Brady
With Marc de Grandpre as president and GM and Julian de Guzman as sporting director, the New York Red Bulls come with a distinctly Canadian flavour. On Saturday, both will be cheering on their team as it takes on the Los Angeles Galaxy, led by former Toronto FC coach Greg Vanney, in the MLS Cup final in Carson, Calif. De Grandpre is in his second stint with the Major League Soccer club while de Guzman, a Toronto native and former Canada captain, joined the front office in February. "We're all excited. This is a big moment for the club," said de Grandpre, a Montreal native. "We haven't been here since 2008 (when the Red Bulls lost 3-1 to Columbus in their first final appearance). "This is like a Game 7 ultimately and we're going to leave it all out there and hope for the best," he added. "We're very proud of the team, the players and where we're at. (Saturday), I guess, before kickoff anxiety will kick in but we have to enjoy the moment. These are not moments that occur every year or every other year. We're lucky, fortunate and we're grateful to be here and we'll soak it all in as an organization." While the fourth-place Galaxy (19-8-7) finished 12 places and 17 points ahead of the Red Bulls (11-9-14) in the overall league standings, one can argue the New Yorkers arrive at Dignity Health Sports Park as the team of destiny. Entering the playoffs as the seventh-ranked team in the Eastern Conference, the Red Bulls are the lowest-ever seed to reach the MLS championship game. The Red Bulls started the season with just one loss in their first 10 league outings (4-1-5) and went unbeaten in their first 12 league outings at Red Bull Arena (7-0-5) before losing 2-0 to Philadelphia on Aug. 31. But they limped into the playoffs after winning just one of their last nine regular-season outings (1-5-3). The lone win (4-1) during that run came Oct. 2 at lowly Toronto. De Grandpre points to the break for the Leagues Cup, which ran July 26 to Aug. 25, for the loss of form during that run. The Red Bulls played just two Leagues Cup games, losing to Toronto and Mexico's Pachuca both on penalty kicks, with a 25-day pause before resuming MLS play. "The team managed to persevere, stay resilient and get us into the playoffs," said de Grandpre. "And they're true to the form they were showing early in the season. "It's a group of players who truly enjoy being with each other, love each (other), care for each other and have totally embraced what (German coach) Sandro (Schwarz) has brought to the table in terms of culture and the way we approach the matches. You can feel it in the room. It's a special group of people." The Red Bulls are making the most of their record 15th-straight post-season appearance. They started the playoffs with a bang, upsetting defended champion and second-seeded Columbus 1-0 on the road and then via penalty shootout in Harrison, N.J., to win the best-of-three first-round series. They went on to dispatch No. 6 New York City FC 2-0 in the Eastern Conference semifinal and No. 4 Orlando City 1-0 in the conference final. The Red Bulls have made sure their fans will be on hand to cheer on the team. The club bought almost 2,000 tickets for members of its supporters groups and season-ticket holders as well as for its front office, custodial and security staff from its stadium and training facility, and food and beverage partners. "We want to make sure we reward our fans and that our most important human capital is with us — our staff, the people who make it happen ever day. We want to reward them as well," said de Grandpre. Some 700 members of the Red Bulls supporters groups also each received US$300 as well as a ticket to help defray travel costs. De Grandpre started with Bauer Hockey in Montreal and then, after graduate school in the U.S., became one of the first marketing employees for Red Bull North America in late 1999. In 2006, when the Austria-based energy drink giant bought the New York/New Jersey MetroStars, de Grandpre was tasked with rebranding the franchise to the Red Bulls. He spent two years as the team's managing director before moving on to Qualcomm (wireless technology), Imax (immersive cinema) and KIND (healthy snack foods), rejoining the Red Bulls in April 2014 as GM. "Ever since then, it's been a pleasurable experience, very rewarding. I've surrounded myself and the organization with the best talent in the business," he said. "And I believe that is why we are here today. It's been a long road, but the right way to get there, that's for sure." In 2015, de Grandpre was honoured with the league's Doug Hamilton Executive of the Year award. This report by The Canadian Press was first published Dec. 6, 2024. Follow @NeilMDavidson on the X platform. Neil Davidson, The Canadian PressSeibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the Cowboys LANDOVER, Md. (AP) — Austin Seibert missed his second extra point of the game with 21 seconds left after Washington’s Jayden Daniels and Terry McLaurin connected on an 86-yard touchdown, Dallas’ Juanyeh Thomas returned the ensuing onside kick attempt for a touchdown, and the Cowboys pulled out a 34-26 victory Sunday that extended the Commanders’ skid to three games. Seibert was wide left on the point-after attempt following a bad snap. On the ensuing onside kick attempt, Juanyeh Thomas returned it 43 yards for a touchdown as the Cowboys ended their losing streak at five in improbable fashion. Earlier in the fourth quarter, KaVonte Turpin returned a kickoff 99 yards for a TD.
US stocks mostly rose Friday after a report showed a healthy jobs market, and Paris rallied as President Emmanuel Macron vowed to serve out his full term and end France's political crisis. Oil fell on concerns of oversupply and Bitcoin held at a level over $100,000 after hitting records Thursday. The world's biggest economy gained 227,000 jobs in November, more than analysts expected and up from a revised 36,000 in October, said the US Department of Labor. "The US jobs market has emphatically rebounded following October's disappointing data," said Neal Keane, head of global sales trading at ADSS. October's figures had been depressed by hurricanes and workers' strikes, while November's increases may have been exaggerated by the end of a strike at Boeing in particular -- and by retail hiring ahead of the holiday season. US stocks mostly closed higher, with the broad-based S&P 500 and tech-focused Nasdaq both hitting fresh records, although the Dow retreated slightly. Investors are mostly betting that November's jobs numbers, while comforting, are probably not strong enough to deter the Federal Reserve from cutting interest rates again this month. "Investors needed a reassuring jobs report and that's exactly what they got," said eToro analyst Bret Kenwell. "The market still favors a rate cut from the Fed later this month and this report may not change that expectation." The Paris stock market closed up 1.3 percent on "hope that President Emmanuel Macron will serve out his term and that a (French) budget can be passed in the coming weeks," noted Derren Nathan, head of equity research at Hargreaves Lansdown. Macron on Friday was holding talks with French political leaders on the left and right as he seeks to quickly name a new prime minister after Michel Barnier's government was ousted in a historic no-confidence vote. Macron adopted a defiant tone in an address to the nation Thursday evening, just 24 hours after parliament voted out Barnier over his 2025 budget plan, which included unpopular austerity measures forced through without a vote using special powers. The luxury sector benefitted also from hopes of a pickup in Chinese demand. Gucci owner Kering topped the Paris CAC 40 as its shares gained more than six percent, while LVMH rose more than three percent. French video game company Ubisoft jumped 13 percent on takeover speculation. Frankfurt closed slightly higher, other continental markets were mixed, and London slid. In Asia, shares in Seoul sank more than one percent and the won weakened to about 1,420 per dollar as lawmakers prepared to hold an impeachment vote Saturday after President Yoon Suk Yeol's dramatic, short-lived imposition of martial law this week. While analysts said the economic fallout from the crisis would likely be limited, a political storm is ongoing. Hong Kong and Shanghai rallied as investors grew hopeful of fresh stimulus when top Chinese leaders including President Xi Jinping meet to discuss economic policy next week. Bitcoin hovered above $100,000 after having blasted to the historic peak of $103,800 Thursday on news that US President-elect Donald Trump had picked crypto proponent Paul Atkins to head the nation's markets regulator. New York - Dow: DOWN 0.3 percent at 44,642.52 points (close) New York - S&P 500: UP 0.3 percent at 6,090.27 (close) New York - Nasdaq Composite: UP 0.8 percent at 19,859.77 (close) Paris - CAC 40: UP 1.3 percent at 7,426.88 (close) Frankfurt - DAX: UP 0.1 percent at 20,384.61 (close) London - FTSE 100: DOWN 0.5 percent at 8,308.61 (close) Tokyo - Nikkei 225: DOWN 0.8 percent at 39,091.17 (close) Hong Kong - Hang Seng Index: UP 1.6 percent at 19,865.85 (close) Shanghai - Composite: UP 1.1 percent at 3,404.08 (close) Euro/dollar: DOWN at $1.0566 from $1.0591 on Thursday Pound/dollar: DOWN at $1.2740 from $1.2760 Dollar/yen: DOWN at 149.97 yen from 150.09 yen Euro/pound: DOWN at 82.93 from 82.97 pence West Texas Intermediate: DOWN 1.6 percent at $67.20 per barrel Brent North Sea Crude: DOWN 1.4 percent at $71.12 per barrel gv/rl/bys/ahaStock market today: Wall Street slips below its records as bitcoin briefly pops above $100,000
Apple Cash: How to use it to send and receive moneyTORONTO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- AGF Management Limited reported total assets under management (AUM) and fee-earning assets 1 of $53.6 billion as at November 30, 2024. 1 Fee-earning assets represent assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers. About AGF Management Limited Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations. Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $54 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B. AGF Management Limited shareholders, analysts and media, please contact: Ken Tsang Chief Financial Officer 416-865-4338, InvestorRelations@agf.com
Article content There appears to be a genetic explanation for yo-yo dieting, where people gain weight, go on a diet, and then put the pounds back on. Recommended Videos According to new research published in the journal Nature , obesity can prompt fat cells to store “memories” of the body once being overweight. The genetic change to the cells can help explain yo-yo dieting, says Ferdinand von Meyenn, professor of nutrition and metabolic epigenetics at the Federal Institute of Technology in Zurich, Switzerland. “The fat cells remember the overweight state and can return to this state more easily,” von Meyenn said in a news release . Researchers looked for molecular causes of the yo-yo effect in mice and noticed genetic changes to the rodents’ fat cells. When they were put on a diet, the mice lost weight. However, they regained it more quickly when put on a high-fat diet. After analyzing fat tissue in humans who had the size of their stomachs reduced or gastric bypass surgeries, researchers noticed the samples had the same epigenetic — how cells control gene activity without changing the DNA sequence — markers in the nucleus. “That means we’ve found a molecular basis for the yo-yo effect,” von Meyenn said. One thing researchers haven’t investigated is how long fat cells can remember the body being obese. RECOMMENDED VIDEO “Fat cells are long-lived cells,” said Laura Hinte, a doctoral student who took part in the research. “On average, they live for 10 years before our body replaces them with new cells.” Hinte adds that there is no way to erase this memory from the cells. “Maybe that’s something we’ll be able to do in the future,” said Hinte. “But for the time being, we have to live with this memory effect.” To combat yo-yo dieting, von Meyenn said, there is only one way to avoid this weight cycling. “It’s precisely because of this memory effect that it’s so important to avoid being overweight in the first place,” he said. “Because that’s the simplest way to combat the yo-yo phenomenon.”Mufasa: The Lion King Video Previews New Lin-Manuel Miranda Song By A new is out, previewing a new upcoming song from that will appear in the prequel film. What’s in the new Mufasa: The Lion King video? The new video previews one of the movie’s upcoming songs, “I Always Wanted a Brother,” which was written by the critically acclaimed Miranda for the film. The song sees Mufasa (Aaron Pierre) and Taka (Kelvin Harrison Jr.) sing about how the pair have always wanted a partner. Check out the new song from Mufasa: The Lion King below: is directed by Jenkins from a screenplay written by Jeff Nathanson. Just like the first installment, the film blend live-action filmmaking techniques with photoreal computer-generated imagery. It features the voices of Aaron Pierre, Kelvin Harrison Jr., John Kani, Tiffany Boone, Kagiso Lediga, Preston Nyman, Mads Mikkelsen, Thandiwe Newton, Lennie James, Anika Noni Rose, Keith David, Seth Rogen, Billy Eichner, Donald Glover, Blue Ivy Carter, Braelyn Rankins, Theo Somolu, Folake Olowofoyeku, Joanna Jones, Thuso Mbedu, Sheila Atim, Abdul Salis, Dominique Jennings and Beyoncé Knowles-Carter. Sign-up today for access to Disney+, Hulu, and ESPN+ “The film explores the unlikely rise of the beloved king of the Pride Lands. Rafiki relays the legend of Mufasa to young lion cub Kiara, daughter of Simba and Nala, with Timon and Pumbaa lending their signature schtick,” reads the official synopsis. “Told in flashbacks, the story introduces Mufasa as an orphaned cub, lost and alone until he meets a sympathetic lion named Taka—the heir to a royal bloodline. The chance meeting sets in motion an expansive journey of an extraordinary group of misfits searching for their destiny—their bonds will be tested as they work together to evade a threatening and deadly foe.” Anthony Nash has been writing about games and the gaming industry for nearly a decade. When he’s not writing about games, he’s usually playing them. You can find him on Twitter talking about games or sports at @_anthonynash. Share article