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2025-01-12
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betmgm Global stock markets mostly retreated Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval. After winning numerous records in the weeks since the November 5 US presidential election, US stocks fell for the second straight day as analysts pointed to profit-taking. But Alphabet jumped more than five percent after Google showed off a new quantum computing chip that it described as a significant breakthrough in the field, arguing it could lead to advances in drug discovery, fusion energy and other areas. The Paris stock market retreated as French party leaders gathered at President Emmanuel Macron's Elysee Palace office to chart a route towards a new government. The euro also fell ahead of the European Central Bank's monetary policy meeting on Thursday. The ECB is expected to lower interest rates by 25 basis points amid weak eurozone growth. Independent analyst Andreas Lipkow said traders were taking a cautious approach ahead of the ECB meeting. The main US indexes struggled as traders eyed US consumer price inflation (CPI) data due Wednesday, which could play a role in whether the US Federal Reserve decides to cut interest rates next week. On Wall Street, "tomorrow's CPI report is in full focus with a looming rate-decision from the Fed coming," analyst Bret Kenwell of trading platform eToro said in a note. Following recent spending and jobs data "traders have felt even more emboldened to bet on a December rate cut, while the Fed has done little... to quiet that expectation," he added. Earlier, stock markets weighed "concerns that China's economic stimulus measures might not have a long-lasting effect", noted Dan Coatsworth, investment analyst at AJ Bell. The growth plan comes as Beijing contemplates Donald Trump's second term in the White House. The US president-elect has indicated he will reignite his hardball trade policies, fueling fears of another standoff between the economic superpowers. The Shanghai stock market ended higher but Hong Kong fell. Seoul's Kospi index rallied more than two percent after tumbling since President Yoon Suk Yeol declared short-lived martial law on December 3. On the corporate front, shares in Stellantis rose around one percent on the Paris stock exchange after the car giant and Chinese manufacturer CATL announced plans for a $4.3-billion factory making electric-vehicle batteries in Spain. Walgreens Boots Alliance soared 17.7 percent following reports that it could be acquired by private equity firm Sycamore Partners. Boeing jumped 4.5 percent as it announced it was resuming production at two Seattle-area plants that had been shuttered for nearly three months due to a labor strike. New York - Dow: DOWN 0.4 percent at 44,247.83 (close) New York - S&P 500: DOWN 0.3 percent at 6,034.91 (close) New York - Nasdaq Composite: DOWN 0.3 percent at 19,687.24 (close) Paris - CAC 40: DOWN 1.1 percent at 7,394.78 (close) Frankfurt - DAX: DOWN 0.1 percent at 20,329.16 (close) London - FTSE 100: DOWN 0.9 percent at 8,280.36 (close) Hong Kong - Hang Seng Index: DOWN 0.5 percent at 20,311.28 (close) Shanghai - Composite: UP 0.6 percent at 3,422.66 (close) Tokyo - Nikkei 225: UP 0.5 percent at 39,367.58 (close) Seoul - Kospi: UP 2.4 percent at 2,417.84 (close) Euro/dollar: DOWN at $1.0529 from $1.0554 on Monday Pound/dollar: UP at $1.2773 from $1.2757 Dollar/yen: UP at 151.92 yen from 151.21 yen Euro/pound: DOWN at 82.42 from 82.73 pence West Texas Intermediate: UP 0.1 percent at $68.59 per barrel Brent North Sea Crude: UP 0.1 percent at $72.19 per barrel burs-jmb/nro



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A local driver seems to not be worried about driving without insurance. Vancouver police pulled over a Tesla on Nov. 21, 2024, for driving without insurance. It wasn't the first time for this driver this year, according to a social media post by the VPD's traffic section. Or the second. Or the third. In the last year, the driver had been pulled over four times across Metro Vancouver, with incidents in Vancouver, Burnaby, and Coquitlam. Police note he was operating as a rideshare driver at the time he was pulled over. In fact, according to a photo shared by the police, it was the fourth time since May, meaning he's been pulled over more than once every two months for the same issue. "Traffic enforcement used ALPR (Automated Licence Plate Recognition) to catch this driver for no vehicle insurance," state police. Officers issued a $598 for the infraction, and the vehicle was towed. If the driver pays in under 30 days, the fine is reduced to $573; altogether, the fines for driving with no insurance four times add up to at least $2,292. However, while it was the fourth such infraction for the driver this year, his Tesla wasn't impounded, according to the VPD traffic section. "A vehicle with no insurance could be towed to a person’s residence if it can’t be parked on public property," Sgt. Steve Addison tells V.I.A. A note has been sent to the Superintendent of Motor Vehicles and Passengers about the driver, according to the traffic section. The Superintendent of Motor Vehicles and Passengers is a provincial office that acts as the authority for drivers in B.C. and has different powers from the police and can prohibit a person from driving if they have an "unsatisfactory driving record," according to the government .According to the data from the National Retail Federation and consumer research firm Prosper Insights & Analytics, 183.4 million people in the U.S. will shop (in-store and online) from Thanksgiving through Cyber Monday. Meanwhile, Black Friday alone is expected to see 131.7 million shoppers. But where, how, and why are consumers spending their cash? Shopify's 2024 holiday retail survey examined trends for the holiday season by looking at responses from 2,000 consumers in the U.S. and another 16,000 in Australia, Canada, France, Germany, Italy, Japan, Spain, and the U.K. Here are some key details about consumer behavior this holiday season: Related: 5 Black Friday Strategies to Turn Holiday Browsers into Instant Buyers What Is the Outlook for Black Friday? In the Shopify survey, young adults (25-34) reported that they will be increasing their Black Friday spending, with 28% planning to spend more this year and 55% aiming to finish their shopping by the end of November. For those who aren't shopping on Black Friday, 65% reported doing most of their holiday shopping between October to December, while 23% percent were found to start shopping for the holidays in June. Related: Shoppers Spent $17 Billion on Small Business Saturday Last Year. This Expert Says It's Not Too Late to Make It a Huge Day for You This Weekend. What Shoppers Care About A notable trend included how valuable "free shipping" was to shoppers. The perk would influence 47% of consumers if offered, according to the report, much higher than when a company provides "a great customer experience" (31%) or "loyalty schemes" (20%). Related: The Bold Moves That Drive This Family-Run Company's Success 27% of people surveyed said they will wait for the big sales to start shopping, and spend time comparing prices at different retailers. Of the 35 to 44 age group, 85% reported having clear brand preferences. Younger shoppers ages 18 to 24 were more influenced by recommendations on social media. The report found that conscious shopping was important with 26% of shoppers planning to shop more sustainably this year. One in five (22%) surveyed said they were looking to buy from independent brands. The report found that 60% of consumers use a "hybrid shopping" approach to the holidays, buying small items online and larger ones in-store. There was also a "shift towards in-store product discovery" among younger shoppers. Shopping and recommendations on social media were still popular—55% of shoppers surveyed reported being active on Instagram and TikTok. Related: This Is the Most Important Part of Starting a Business, According to Daymond John, an Entrepreneur Worth $350 MillionJonah Goldberg Among elites across the ideological spectrum, there's one point of unifying agreement: Americans are bitterly divided. What if that's wrong? What if elites are the ones who are bitterly divided while most Americans are fairly unified? History rarely lines up perfectly with the calendar (the "sixties" didn't really start until the decade was almost over). But politically, the 21st century neatly began in 2000, when the election ended in a tie and the color coding of electoral maps became enshrined as a kind of permanent tribal color war of "red vs. blue." Elite understanding of politics has been stuck in this framework ever since. Politicians and voters have leaned into this alleged political reality, making it seem all the more real in the process. I loathe the phrase "perception is reality," but in politics it has the reifying power of self-fulfilling prophecy. People are also reading... Sheriff: 1 arrested, 1 wanted after Statesville man strangled, robbed Basketball transfer Patterson back home at West Iredell to 'bring in some wins' Baseball league cries foul as Iredell plans to charge to use Jennings Park fields Silverado stolen in Iredell County linked to federal charges against multi-state car theft ring Lake Norman residents voice concerns with Marshall Steam Station changes Alexander County man charged with murder in death of grandmother Statesville falls to Hickory, Mooresville tops NW Guilford in football playoffs Mooresville's Farmer, Graham picked to play in Shrine Bowl Historian, writer Bill Moose subject of Iredell County Historical Society event Monday Statesville Police Department welcomes first police attorney, Stephanie Adkins Statesville man hands out free meals at Thanksgiving to keep promise to God Iredell deputies charge Catawba County men with stealing Duke Energy wire The Tulsa World and Lee Enterprises deadly police chase investigation See who had babies at Iredell Memorial: Oct. 24-Nov. 15 16 siblings were to be separated until Cornerstone Christian Academy staff stepped up in Statesville Like rival noble families in medieval Europe, elites have been vying for power and dominance on the arrogant assumption that their subjects share their concern for who rules rather than what the rulers can deliver. Gobble up these 14 political cartoons about Thanksgiving Political cartoonists from across country draw up something special for the holiday In 2018, the group More in Common published a massive report on the "hidden tribes" of American politics. The wealthiest and whitest groups were "devoted conservatives" (6%) and "progressive activists" (8%). These tribes dominate the media, the parties and higher education, and they dictate the competing narratives of red vs. blue, particularly on cable news and social media. Meanwhile, the overwhelming majority of Americans resided in, or were adjacent to, the "exhausted majority." These people, however, "have no narrative," as David Brooks wrote at the time. "They have no coherent philosophic worldview to organize their thinking and compel action." Lacking a narrative might seem like a very postmodern problem, but in a postmodern elite culture, postmodern problems are real problems. It's worth noting that red vs. blue America didn't emerge ex nihilo. The 1990s were a time when the economy and government seemed to be working, at home and abroad. As a result, elites leaned into the narcissism of small differences to gain political and cultural advantage. They remain obsessed with competing, often apocalyptic, narratives. That leaves out most Americans. The gladiatorial combatants of cable news, editorial pages and academia, and their superfan spectators, can afford these fights. Members of the exhausted majority are more interested in mere competence. I think that's the hidden unity elites are missing. This is why we keep throwing incumbent parties out of power: They get elected promising competence but get derailed -- or seduced -- by fan service to, or trolling of, the elites who dominate the national conversation. There's a difference between competence and expertise. One of the most profound political changes in recent years has been the separation of notions of credentialed expertise from real-world competence. This isn't a new theme in American life, but the pandemic and the lurch toward identity politics amplified distrust of experts in unprecedented ways. This is a particular problem for the left because it is far more invested in credentialism than the right. Indeed, some progressives are suddenly realizing they invested too much in the authority of experts and too little in the ability of experts to provide what people want from government, such as affordable housing, decent education and low crime. The New York Times' Ezra Klein says he's tired of defending the authority of government institutions. Rather, "I want them to work." One of the reasons progressives find Trump so offensive is his absolute inability to speak the language of expertise -- which is full of coded elite shibboleths. But Trump veritably shouts the language of competence. I don't mean he is actually competent at governing. But he is effectively blunt about calling leaders, experts and elites -- of both parties -- stupid, ineffective, weak and incompetent. He lost in 2020 because voters didn't believe he was actually good at governing. He won in 2024 because the exhausted majority concluded the Biden administration was bad at it. Nostalgia for the low-inflation pre-pandemic economy was enough to convince voters that Trumpian drama is the tolerable price to pay for a good economy. About 3 out of 4 Americans who experienced "severe hardship" because of inflation voted for Trump. The genius of Trump's most effective ad -- "Kamala is for they/them, President Trump is for you" -- was that it was simultaneously culture-war red meat and an argument that Harris was more concerned about boutique elite concerns than everyday ones. If Trump can actually deliver competent government, he could make the Republican Party the majority party for a generation. For myriad reasons, that's an if so big it's visible from space. But the opportunity is there -- and has been there all along. Goldberg is editor-in-chief of The Dispatch: thedispatch.com . Get opinion pieces, letters and editorials sent directly to your inbox weekly!

Rodgers says he's undecided about playing next season, but Jets are his 'first option' if he returns Aaron Rodgers is still contemplating whether he wants to play football next season. And if he does return, he said during his weekly appearance on “The Pat McAfee Show” on Tuesday that he prefers it to be with the New York Jets. The star quarterback, who turns 41 next Monday, denied a recent report that he wants to keep playing next year but not with the Jets. He said he needs to see how he feels physically and where the Jets stand with a new general manager and coach. He added that the Jets will also have to want him playing for them. That will all factor into his decision. Court rejects request to sideline San Jose State volleyball player on grounds she’s transgender A federal appeals court has upheld a ruling that allows a San Jose State women’s volleyball team member to play in the Mountain West Conference tournament after complaints said she should be ineligible on grounds that she’s transgender. The 10th U.S. Circuit Court of Appeals ruled Tuesday that a U.S. Magistrate in Denver was correct in allowing her to play. The magistrate and the appeals court said the players and others who sued should have filed their complaint earlier, rather than waiting until less than two weeks before the tournament was to begin to seek an emergency injunction. Lewandowski joins Ronaldo and Messi in Champions League 100-goal club. Haaland nets 2 but City draws ROME (AP) — Robert Lewandowski joined Cristiano Ronaldo and Lionel Messi as the only players in Champions League history with 100 or more goals. But Erling Haaland is on a faster pace than anyone after boosting his total to 46 goals at age 24. Lewandowski’s early penalty kick started Barcelona off to a 3-0 win over previously unbeaten Brest to move into second place in the new single-league format. Ronaldo leads the all-time scoring list with 140 goals and Messi is next with 129. Haaland scored a brace as City was held 3-3 by Feyenoord. Inter Milan beat Leipzig 1-0 to move atop the standings. Bayern Munich beat Paris Saint-Germain 1-0. Atalanta, Arsenal and Bayer Leverkusen also won. Traffic citations against Dolphins' Tyreek Hill dismissed after officers no-show at hearing MIAMI (AP) — Traffic citations issued to Miami Dolphins star wide receiver Tyreek Hill after a September altercation with police have been dismissed after the charging officers didn’t attend a court hearing. Hill’s tickets for careless driving and failing to wear a seat belt were dismissed after the Miami-Dade Police officers failed to show up for a Monday hearing. The tickets were issued after Hill was stopped outside Hard Rock Stadium for allegedly speeding before the Dolphins' season opener on Sept. 8. The stop escalated and an officer pulled Hill from the car, forced him to the ground and handcuffed him. North Carolina football coach Mack Brown won't return for 2025 season North Carolina coach Mack Brown won’t return for the 2025 season. The school announced the move Tuesday with a statement from athletic director Bubba Cunningham. The school said Cunningham informed the 73-year-old College Football Hall of Fame member that there would be a coaching change. Brown is set to coach the regular-season finale on Saturday against rival N.C. State, though a decision hasn’t been made about whether Brown will coach a bowl game. Brown is in his second stint with the program and won a national championship at Texas. Lionel Messi has his new coach: Javier Mascherano's hiring by Inter Miami is now complete FORT LAUDERDALE, Fla. (AP) — Lionel Messi and Javier Mascherano are together again, this time with Inter Miami. The former Barcelona and Argentina teammates have reunited, with Inter Miami announcing Tuesday that Mascherano’s hiring as the club’s new coach is complete. The sides struck a deal late last week for Mascherano to replace Gerardo “Tata” Martino, who stepped aside for personal reasons. Mascherano most recently was Argentina’s under-20 team coach. Mascherano says he was “drawn to the organization’s undeniable ambition." Will Utah State or Boise State forfeit vs. San Jose State in the Mountain West semifinals? LAS VEGAS (AP) — A team that previously boycotted at least one match against the San Jose State women’s volleyball team will be faced with another decision whether to play the school, this time in the Mountain West Conference semifinals with a shot at the NCAA Tournament on the line. Five schools forfeited matches in the regular season against San Jose State, which carried a No. 2 seed into the conference tournament in Las Vegas. Among those schools: No. 3 Utah State and No. 6 Boise State, who will face off Wednesday with the winner scheduled to play the Spartans in the semifinals on Friday. NBA says Hawks violated player participation policy by sitting Trae Young for Cup game The NBA fined the Atlanta Hawks $100,000 after an investigation determined that guard Trae Young could have played in an NBA Cup game against the Boston Celtics on Nov. 12. The Hawks listed Young on their injury report that night as out because of tendinitis in his right Achilles. Atlanta wound up winning the game anyway, 117-116. The issue, the NBA said, was that the Hawks were in violation of the league’s player participation policy — which focuses primarily on what the league defines as star players, a group that Young would qualify for since he was an All-Star selection last season. Texas and Texas A&M reunite Saturday in SEC after bitter breakup tore apart a football tradition COLLEGE STATION, Texas (AP) — Texas and Texas A&M first met Texas on the football field in 1894 in a rivalry that would cut across the state and through families for generations. It would not last. In 2011, Texas A&M announced it was leaving Texas and the Big 12 behind to join the Southeastern Conference, determined to focus only on a bright future, not dwell on a sentimental past. Bitter finger pointing and hard feelings eventually gave way to shrugs of indifference and mutters of “good riddance." Then Texas joined the SEC this season. The No. 3 Longhorns and No. 20 Aggies finally meet again Saturday night in College Station with a berth in the SEC championship game on the line. Oklahoma's throwback offensive approach against Alabama gets LSU's attention NORMAN, Okla. (AP) — Oklahoma appears to have borrowed from the past to cure its recent offensive ills. The Sooners, best known this century for a passing prowess that has produced four Heisman Trophy-winning quarterbacks, took it back to the 20th century against Alabama. They ran 50 times for 257 yards while only throwing 12 times in a 24-3 win over the Crimson Tide. Oklahoma quarterback Jackson Arnold ran for 131 yards against Alabama. LSU coach Brian Kelly has taken notice ahead of their upcoming game. The Tigers rank 14th out of 16 SEC teams against the run.Tokio Marine North America Services Named One of Computerworld's 2025 Best Places to Work in IT

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