
In the fiscal policy arena, next year is expected to see a significant increase in government spending on infrastructure projects, social welfare programs, and healthcare. The emphasis will be on boosting economic activity and addressing social inequalities. This shift towards more proactive fiscal policies aims to stimulate demand, create jobs, and support vulnerable populations.
In a recent cybersecurity revelation, a sophisticated Android malware known as DroidBot has been uncovered, posing a serious threat to users of mobile banking applications. DroidBot is a malicious Trojan that is designed to mimic legitimate banking apps and has been specifically crafted to target customers of 77 different overseas banks.Meanwhile, Inter Milan will face Bayer Leverkusen in what promises to be a closely contested match at the San Siro. Inter Milan, led by manager Simone Inzaghi, will be looking to secure their place in the knockout stages with a strong performance against the German side. With players like Edin Dzeko, Nicolo Barella, and Lautaro Martinez in fine form, Inter Milan will be aiming to continue their impressive run in the Champions League and assert their dominance in the group.
As the end of the year approaches, many small and medium-sized banks in China are taking a bold move to increase their deposit interest rates, defying the overall trend of lowering interest rates in the banking industry. This unexpected move has attracted attention and sparked discussions among financial experts, customers, and industry analysts.
While the airstrikes have achieved success in disrupting ISIS's activities, the battle against terrorism is far from over. The eradication of ISIS requires a comprehensive approach involving military, diplomatic, and humanitarian efforts to address the root causes of extremism and prevent the resurgence of terrorist groups in the future.NoneOpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump's inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration. A spokesperson for OpenAI confirmed the move on Friday. The announcement comes one day after Meta, the parent company of Facebook and Instagram, said it donated $1 million to the same fund. Amazon also said it plans to donate $1 million. Also Read : OpenAI CEO Sam Altman predicts this technology will be more ‘significant’ than AGI: Report “President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead," Altman said in a statement. Altman, who is in a legal dispute with rival Elon Musk, has said he is “not that worried” about the Tesla CEO's influence in the incoming administration. Also Read: Donald Trump takes over New York Stock Exchange after scoring Time's Person of the Year title Trump is putting Musk, the world’s richest man, and Vivek Ramaswamy, an entrepreneur and former Republican presidential candidate, in charge of the new Department of Government Efficiency, or DOGE, which is an outside advisory committee that will work with people inside the government to reduce spending and regulations. Also Read: Mark Zuckerberg's Meta donates $1 million to Donald Trump’s inaugural fund: Report Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging that the maker of ChatGPT betrayed its founding aims of benefiting the public good rather than pursuing profits. Musk recently escalated the lawsuit by asking a federal judge to stop OpenAI’s plans to convert itself into a for-profit business more fully.
In conclusion, the recent rally in both A-share and Hong Kong stocks is a positive sign for investors and reflects growing confidence in the markets. While short-term fluctuations are to be expected, the overall trend remains positive, driven by improving economic fundamentals and positive corporate performances. Investors should stay informed, stay diversified, and remain vigilant in managing their investment portfolios in an ever-changing market environment.
AP Sports SummaryBrief at 6:24 p.m. ESTNone
'Democracy and freedom': Jimmy Carter's human rights efforts in Latin AmericaThe anticipation was high as the nominations for the 82nd Golden Globe Awards were finally revealed, setting the stage for what promises to be an exciting and competitive award season. Among the numerous categories, one that has particularly caught the attention of both fans and industry insiders is the Best Actress category, which is shaping up to be a battle of the titans with some of the most talented and acclaimed actresses in the industry vying for the prestigious award.
Budgetary outlay to be in sync with 'Viksit Bharat' goal: MoS for Finance
1. Guardiola's Unlikely Visit to GironaMan City blows 3-goal lead and gets booed by fans in draw with Feyenoord in Champions League
Recognizing the importance of accessibility for all passengers, the Fengtai Bus Station has made significant upgrades to ensure that the facility is fully inclusive for individuals with disabilities or special needs. Wheelchair ramps, designated seating areas, and accessible restrooms have been installed to facilitate smooth and hassle-free travel experiences for all passengers. By prioritizing accessibility, the station aims to create a welcoming and accommodating environment for everyone in the community.NEW YORK (AP) — Walmart's sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups. The changes announced by the world's biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programs aimed at elevating minority and women-owned businesses and employees. The retreat from such programs crystalized with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion programs a priority. Trump's incoming deputy chief of policy will be his former adviser Stephen Miller , who leads a group called America First Legal that has aggressively challenged corporate DEI policies. “There has been a lot of reassessment of risk looking at programs that could be deemed to constitute reverse discrimination,” said Allan Schweyer, principal researcher at the Human Capital Center at the Conference Board. “This is another domino to fall and it is a rather large domino,” he added. Among other changes, Walmart said it will no longer give priority treatment to suppliers owned by women or minorities. The company also will not renew a five-year commitment for a racial equity center set up in 2020 after the police killing of George Floyd. And it pulled out of a prominent gay rights index . Schweyer said the biggest trigger for companies making such changes is simply a reassessment of their legal risk exposure, which began after U.S. Supreme Court’s ruling in June 2023 that ended affirmative action in college admissions. Since then, conservative groups using similar arguments have secured court victories against various diversity programs, especially those that steer contracts to minority or women-owned businesses. Most recently, the conservative Wisconsin Institute for Law & Liberty won a victory in a case against the U.S. Department of Transportation over its use of a program that gives priority to minority-owned businesses when it awards contracts. Companies are seeing a big legal risk in continuing with DEI efforts, said Dan Lennington, a deputy counsel at the institute. His organization says it has identified more than 60 programs in the federal government that it considers discriminatory, he said. “We have a legal landscape within the entire federal government, all three branches -- the U.S. Supreme Court, the Congress and the President -- are all now firmly pointed in the direction towards equality of individuals and individualized treatment of all Americans, instead of diversity, equity and inclusion treating people as members of racial groups,” Lennington said. The Trump administration is also likely to take direct aim at DEI initiatives through executive orders and other policies that affect private companies, especially federal contractors. “The impact of the election on DEI policies is huge. It can’t be overstated,” said Jason Schwartz, co-chair of the Labor & Employment Practice Group at law firm Gibson Dunn. With Miller returning to the White House, rolling back DEI initiatives is likely to be a priority, Schwartz said. “Companies are trying to strike the right balance to make clear they’ve got an inclusive workplace where everyone is welcome, and they want to get the best talent, while at the same time trying not to alienate various parts of their employees and customer base who might feel one way or the other. It’s a virtually impossible dilemma,” Schwartz said. A recent survey by Pew Research Center showed that workers are divided on the merits of DEI policies. While still broadly popular, the share of workers who said focusing on workplace diversity was mostly a good thing fell to 52% in the October survey, compared to 56% in a similar survey in February 2023. Rachel Minkin, a research associate at Pew, called it a small but significant shift in short amount of time. There will be more companies pulling back from their DEI policies, but it likely won’t be a retreat across the board, said David Glasgow, executive director of the Meltzer Center for Diversity, Inclusion and Belonging at New York University. “There are vastly more companies that are sticking with DEI," Glasgow said. "The only reason you don’t hear about it is most of them are doing it by stealth. They’re putting their heads down and doing DEI work and hoping not to attract attention.” Glasgow advises organizations to stick to their own core values, because attitudes toward the topic can change quickly in the span of four years. “It’s going to leave them looking a little bit weak if there’s a kind of flip-flopping, depending on whichever direction the political winds are blowing,” he said. One reason DEI programs exist is because without those programs, companies may be vulnerable to lawsuits for traditional discrimination. “Really think carefully about the risks in all directions on this topic,” Glasgow said. Walmart confirmed will no longer consider race and gender as a litmus test to improve diversity when it offers supplier contracts. Walmart says its U.S. businesses sourced more than $13 billion in goods and services from diverse suppliers in fiscal year 2024, including businesses owned by minorities, women and veterans. It was unclear how its relationships with such business would change going forward. Organizations that have partnered with Walmart on its diversity initiatives offered a cautious response. The Women’s Business Enterprise National Council, a non-profit that last year named Walmart one of America's top corporation for women-owned enterprises, said it was still evaluating the impact of Walmart's announcement. Pamela Prince-Eason, the president and CEO of the organization, said she hoped Walmart's need to cater to its diverse customer base will continue to drive contracts to women-owned suppliers even if the company has no explicit dollar goals. “I suspect Walmart will continue to have one of the most inclusive supply chains in the World,” Prince-Eason wrote. “Any retailer's ability to serve the communities they operate in will continue to value understanding their customers, (many of which are women), in order to better provide products and services desired and no one understands customers better than Walmart." Walmart's announcement came after the company spoke directly with conservative political commentator and activist Robby Starbuck, who has been going after corporate DEI policies, calling out individual companies on the social media platform X. Several of those companies have subsequently announced that they are pulling back their initiatives, including Ford , Harley-Davidson, Lowe’s and Tractor Supply . Walmart confirmed to The Associated Press that it will better monitor its third-party marketplace items to make sure they don’t feature sexual and transgender products aimed at minors. The company also will stop participating in the Human Rights Campaign’s annual benchmark index that measures workplace inclusion for LGBTQ+ employees. A Walmart spokesperson added that some of the changes were already in progress and not as a result of conversations that it had with Starbuck. RaShawn “Shawnie” Hawkins, senior director of the HRC Foundation’s Workplace Equality Program, said companies that “abandon” their commitments workplace inclusion policies “are shirking their responsibility to their employees, consumers, and shareholders.” She said the buying power of LGBTQ customers is powerful and noted that the index will have record participation of more than 1,400 companies in 2025.
Real Madrid, led by their charismatic coach Carlo Ancelotti, have had a strong start to their Champions League campaign this season. With a formidable squad boasting the likes of Karim Benzema, Vinicius Junior, and Luka Modric, the Spanish side has demonstrated their attacking prowess and defensive solidity in their previous matches. However, they will face a stern test against the Italian champions, who have been in scintillating form both domestically and in Europe.2. Malfunctioning Heating Systems:Carter, 39th president, dies at 100