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SCOTS BUDGET: At a glance Click here to visit the Scotland home page for the latest news and sport By DAILY MAIL REPORTER Published: 17:50 EST, 4 December 2024 | Updated: 17:50 EST, 4 December 2024 e-mail View comments The thresholds for the 42p higher rate of income tax, the 45p advanced rate and the 48p top rate will all be frozen, which will draw tens of thousands more workers into paying them. Thresholds for paying the basic 20p rate and 21p intermediate rate will rise by 3.5 per cent, providing a maximum benefit of £14.51 a year. No further increases in income tax rates will be introduced before the end of this parliament in 2026, and no new bands will be created. The ‘additional dwelling supplement’, or second homes tax, will rise from 6 per cent to 8 per cent while Land and buildings transaction tax rates will be frozen and a review will be launched next spring. The council tax freeze will be lifted, and no cap will be applied on increases by the Scottish Government while funding for local authorities will rise by more than £1 billion, to £15 billion. Health and social care funding will rise by £2 billion, to a record £21.7 billion, with the extra money partly used to tackle soaring waiting times. Spending on social security will rise by nearly £800 million. It is forecast to rise further from £6.9 billion in 2025/26 to £8.8 billion in 2029/30. Devolved benefits will rise in line with inflation next year. The two-child benefit cap will be scrapped in Scotland - although not until 2026 and ministers have not yet provided any detail. The move will require the cooperation of the UK Government. Public sector workers will be given a nine per cent pay rise over the next three years, under the pay policy set out by the Scottish Government. Pubs and restaurants will be provided with 40 per cent business rates relief but retail and leisure firms will not receive any business rates relief in Scotland next year, despite the two sectors being supported with 40 per cent relief south of the Border. Farmers said that a commitment to £660 million of support fell short of their demands. Housing funding will be restored to the levels of two years ago, following a backlash at a cut in last year’s budget. It will include £786 million for affordable housing. Culture funding will rise by a record £34 million. An ‘external affairs’ budget - which includes spending on international offices, will rise from £26.3 million this year to £27.6 million. Share or comment on this article: SCOTS BUDGET: At a glance e-mail Add commentJon Batiste scores his first No. 1 on Billboard ’s Classical Albums chart, as his new project, Beethoven Blues , debuts atop the list dated Nov. 30. It’s the first in a planned series of solo piano albums, and on this release, Batiste interprets familiar works by composer Ludwig van Beethoven. Beethoven Blues also bows at No. 1 on Billboard ’s Classical Crossover Albums chart, another first for Batiste. The Grammy- and Academy Award-winning entertainer also sees Beethoven Blues bow at No. 9 on the Top Album Sales chart, with 13,000 copies sold in the U.S. in the week ending Nov. 21, according to Luminate. That marks his biggest sales week ever. (Keep reading for a full recap of the week’s top 10-selling albums.) Batiste has previously notched seven top 10-charting sets on both the Traditional Jazz Albums and overall Jazz Albums charts, including one No. 1, Social Music , in 2014. Beethoven Blues is his first title to chart on any of Billboard ’s classical albums charts. On the all-genre Billboard 200, Beethoven Blues enters at No. 64, landing Batiste’s highest-debut ever, and fifth charting effort in total. The album’s first-week sales were aided by its availability across four vinyl variants (including two signed editions), two CD variants (one signed) and a digital download album. In support of the project, Batiste appeared on The Kelly Clarkson Show (Nov. 11) and The Jennifer Hudson Show (Nov. 18), and had a significant profile in The New York Times on Nov. 19. Billboard ’s Top Album Sales chart ranks the top-selling albums of the week based only on traditional album sales. The chart’s history dates back to May 25, 1991, the first week Billboard began tabulating charts with electronically monitored piece count information from SoundScan, now Luminate. Pure album sales were the sole measurement utilized by the Billboard 200 albums chart through the list dated Dec. 6, 2014, after which that chart switched to a methodology that blends album sales with track equivalent album units and streaming equivalent album units. The Classical Albums chart ranks the most popular classical albums of the week, ranked by equivalent album units. The Classical Crossover Albums chart ranks the top-selling classical crossover titles of the week. Jazz Albums and Traditional Jazz Albums rank the week’s most popular jazz and traditional jazz albums, respectively, by equivalent album units earned. As for the rest of the latest Top Album Sales chart’s top 10: ATEEZ’s GOLDEN HOUR: Part.2 debuts at No. 1 (179,000; the act’s best sales week ever), Linkin Park’s From Zero debuts at No. 2 (72,000), Jin’s Happy debuts at No. 3 (66,000), ENHYPEN’s chart-topping Romance: Untold jumps 26-4 (51,000; up 1,473% after a deluxe reissue), MF Doom’s MM..Food re-enters at a new high of No. 5 (27,000; up 2,875% after a deluxe reissue), TOMORROW X TOGETHER’s former leader The Star Chapter: SANCTUARY falls 1-6 (17,000; down 82%), Sabrina Carpenter’s Short n’ Sweet fall 4-7 (15,000; though up 24%), Shawn Mendes’ Shawn debuts at No. 8 (nearly 14,000) and Gwen Stefani’s Bouquet debuts at No. 10 (11,000).
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CHARLOTTE, N.C. , Dec. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25 th interest in a share of the Preferred Stock (CUSIP No. 060505FQ2) (the "Depositary Shares"). The Depositary Shares will be redeemed simultaneously with the Preferred Stock on the upcoming dividend payment date on January 28, 2025 (the "Redemption Date"), at a redemption price of $1,000 per depositary share. Declared dividends of $21.50 per depositary share in respect of the outstanding Depositary Shares for the full current semi-annual dividend period from, and including, July 28, 2024 to, but excluding, January 28, 2025 will be paid separately on January 28, 2025 , to holders of record on January 1, 2025 , in the customary manner. Accordingly, the redemption price of $1,000 per depositary share does not include any accrued and unpaid dividends. Dividends on the redeemed Depositary Shares will cease to accrue on the Redemption Date. The Depositary Shares are held through The Depository Trust Company ("DTC") and will be redeemed in accordance with the applicable procedures of DTC. Payment to DTC for the Depositary Shares will be made by Computershare Inc. and Computershare Trust Company, N.A., collectively, as redemption agent. The address for the redemption agent is as follows: Computershare Trust Company, N.A. Attn: Corporate Actions 150 Royall St. Canton, MA 02021 This press release does not constitute a notice of redemption under the certificate of designation governing the Preferred Stock or the deposit agreement governing the Depositary Shares. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States , serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States , its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 , and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts . www.bankofamerica.com Investors May Contact: Lee McEntire , Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum , Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Reporters May Contact: Jocelyn Seidenfeld , Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com View original content to download multimedia: https://www.prnewswire.com/news-releases/bank-of-america-announces-full-redemption-of-its-series-mm-preferred-stock-and-related-depositary-shares-302338391.html SOURCE Bank of America Corporation
Published 3:31 pm Tuesday, December 24, 2024 By Data Skrive The NBA lineup today, which includes the Denver Nuggets versus the Phoenix Suns, is sure to please. Read our betting odds preview below for a breakdown of all the important games in the NBA today. Get the latest news sent to your inbox Sign up for NBA League Pass to get access to games, live and on-demand, and more for the entire season and offseason. Watch ESPN originals, The Last Dance and more NBA content on ESPN+. Use our link to sign up for ESPN+ or the Disney bundle. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Jamaica Being Positioned as a Regional Technology and Innovation Hub
ORCHARD PARK, N.Y. (AP) — Gratifying as it was for Sean McDermott to catch up with his family and get some rest during Buffalo’s bye week, the Bills coach on Wednesday found comfort returning to his weekly routine and familiar wardrobe — a gray T-shirt and sweatpants. “When I’m not wearing those, I go to my closet and I don’t know what to wear. I’m kind of like not myself,” he said before pulling up his hoodie for emphasis to reveal the gray shirt he had on underneath. “So I was telling some of the guys this morning, ‘It’s good to be back.’” Though there remain challenges ahead, these are upbeat times in Buffalo . The Bills (9-2) are off to their best start since 1992. They remain in contention for the AFC’s top seed by entering their break following a 30-21 win over Kansas City (10-1). And Buffalo is in position to clinch its fifth straight AFC East title as early as Sunday. To do so, the Bills would need Miami to lose to Green Bay on Thursday night, and Buffalo to win its game over San Francisco (5-6) on Sunday night. Buffalo has won six straight since back-to-back losses at Baltimore and Houston, and scored 30 or more points in each of its past five outings. Refreshed as McDermott sounded and appeared, it didn’t take long for him to revert to his game-at-a-time script when assessing what’s on the line this weekend. “We’re mostly focused on our level of play this week against a good football team,” he said. McDermott shed little light on the status of Buffalo’s lengthy list of injured players. There’s no timetable yet on Matt Milano being activated off injured reserve, even though the starting linebacker practiced fully for the first time since tearing his left biceps during a training camp practice in mid-August. Milano has actually missed nearly 14 months since sustaining a season-ending injury to his right leg in Week 5 last season. Milano revealed little during a brief interview following practice. “I feel all right. Getting back into it with the team,” said Milano, who no longer wore a red non-contact jersey in practice. Meantime, rookie receiver Keon Coleman, who has missed two games with a right wrist injury, and starting right tackle Spencer Brown, who missed one game with an ankle injury, were limited in practice. Tight end Dalton Kincaid (knee) was Buffalo's only player not practicing. The Bills also opened the three-week window for backup rookie defensive tackle DeWayne Carter (wrist) and backup offensive lineman Tylan Grable (groin) to return. McDermott has another positive going for him revolving around the bye week. The Bills are 8-0 coming out of their break since McDermott took over as coach in 2017. “I don’t really have the, hey, this is exactly what we do formula,” McDermott said on whether he’s changed his bye week approach. “It’s more of us really just getting back to what we do, getting back to basics.” AP NFL: https://apnews.com/hub/nfl
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Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. Alex Veiga, The Associated Press Dec 26, 2024 1:14 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message FIL:E - People photograph the New York Stock Exchange in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File) Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. Gains by retailers and health care stocks helped temper the losses. Trading volume was lighter than usual as U.S. markets reopened following the Christmas holiday. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Treasury yields fell in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was up less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 10 points, or less than 0.1%, as of 3:20 p.m. Eastern time. The Nasdaq composite was up 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.5%, Micron Technology was up 1.3% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.5%, Amazon was down 0.4%, and Netflix gave up 0.7%. Tesla was among the biggest decliners in the S&P 500, down 1.4%. Health care stocks helped lift the market. CVS Health rose 1.4% and Walgreens Boots Alliance rose 3.9% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3.1%, Ross Stores added 1.8%, Best Buy was up 2.5% and Dollar Tree gained 3.6%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4.2% and 15.9%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.58% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. ___ AP Business Writers Elaine Kurtenbach and Matt Ott contributed. Alex Veiga, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business Boxing Day shoppers take advantage of tax holiday amid cost of living crisis Dec 26, 2024 12:08 PM Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away Dec 26, 2024 10:25 AM Canada’s women’s pro sports landscape transformed with arrival of PWHL, NSL and WNBA Dec 26, 2024 8:50 AM Featured FlyerImmersion Cooling Market to grow by USD 988 Million (2024-2028), driven by rising data center investments, Report on how AI drives market transformation - Technavio
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Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Liz Hatton, a photographer who has been on This Morning and met the likes of Kate Middleton , has passed away aged 17 after an 'unbelievably brave' battle with cancer. Liz passed away in the early hours of Wednesday morning at her home in Harrogate, North Yorkshire less than a year after being diagnosed with an incurable desmoplastic small round cell tumour. Sharing the heartbreaking news in a statement posted to X, Liz's mum hailed her daughter's 'kindness, empathy and courage'. She penned: "Our incredible daughter Liz died in the early hours of this morning. She remained determined to the last. Even yesterday she was still making plans. We are so very proud of the kindness, empathy and courage she has shown in the last year. She was not only a phenomenal photographer, she was the best human, and the most wonderful daughter and big sister we could ever have asked for. No one could have fought harder for life than she did. "There is a gaping Liz shaped hole in our lives that I am not sure how we will ever fill. We have so much gratitude to every single one of you, whether you offered to help, or liked or shared posts - you ensured Liz’s last two months were her very best. She flew high until the end. We have two last favours to ask," the emotional post continued. "Firstly, we would like to ask you to share one of her photos - on your social media, or in real life, however you can. Let’s let her go out with a bang. #LizHatton (photos will follow in a thread but do also feel free to choose your own from @lizhatton_photography on Instagram) Secondly, if you can we would like you to help us with a mission to raise money to fund research into Desmoplastic Small Round Cell Tumour. With no charity in the UK or internationally funding into effective treatments are lacking. In 2024 a 15% 5 year survival rate is simply not enough. Together we can change that. Whether you can share, donate or raise funds - please be our village one more time." She concluded the statement by urging followers to donate to Liz's JustGiving page, with the proceeds going to help other families. Please check back regularly for the latest on this developing story as it is updated in real time here . From inside celeb homes to weddings, fashion and beauty, get the latest on the stories that matter to you by following OK! every time you see our name. Follow OK! on Instagram - CLICK HERE Join our 2m followers on Facebook - CLICK HERE View exclusive inside homes, weddings and BTS photoshoots on YouTube - CLICK HERE Follow OK! on TikTok - CLICK HEREMarvel Rivals hero banning is the change Overwatch needs, but it has two major flaws
McDermott, AFC East-leading Bills refreshed coming out of bye week, and looking ahead to host 49ersLast-minute bargain hunters send holiday retail sales higher than last year, Mastercard says