GSA Capital Partners LLP acquired a new position in shares of Myers Industries, Inc. ( NYSE:MYE – Free Report ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,767 shares of the industrial products company’s stock, valued at approximately $246,000. Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Myers Industries by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 2,846,620 shares of the industrial products company’s stock valued at $65,956,000 after purchasing an additional 182,215 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Myers Industries by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,604,324 shares of the industrial products company’s stock worth $21,466,000 after buying an additional 4,777 shares in the last quarter. Gabelli Funds LLC boosted its stake in Myers Industries by 3.9% during the second quarter. Gabelli Funds LLC now owns 1,572,250 shares of the industrial products company’s stock valued at $21,037,000 after buying an additional 58,500 shares during the period. Renaissance Technologies LLC boosted its stake in Myers Industries by 8.3% during the second quarter. Renaissance Technologies LLC now owns 1,480,597 shares of the industrial products company’s stock valued at $19,810,000 after buying an additional 113,100 shares during the period. Finally, Victory Capital Management Inc. purchased a new position in Myers Industries during the second quarter worth about $13,684,000. Institutional investors own 90.82% of the company’s stock. Wall Street Analyst Weigh In Separately, KeyCorp downgraded Myers Industries from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, November 6th. Myers Industries Price Performance MYE stock opened at $11.13 on Friday. The firm has a 50 day simple moving average of $12.65 and a two-hundred day simple moving average of $13.96. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.80 and a quick ratio of 1.11. The stock has a market cap of $414.70 million, a PE ratio of 26.50 and a beta of 1.23. Myers Industries, Inc. has a one year low of $10.35 and a one year high of $23.63. Myers Industries ( NYSE:MYE – Get Free Report ) last posted its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.04). The firm had revenue of $205.07 million during the quarter. Myers Industries had a return on equity of 14.75% and a net margin of 1.88%. During the same period in the prior year, the firm earned $0.38 EPS. On average, analysts predict that Myers Industries, Inc. will post 0.95 EPS for the current fiscal year. Myers Industries Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date is Tuesday, December 3rd. Myers Industries’s payout ratio is currently 128.57%. Myers Industries Profile ( Free Report ) Myers Industries, Inc engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. Read More Want to see what other hedge funds are holding MYE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Myers Industries, Inc. ( NYSE:MYE – Free Report ). Receive News & Ratings for Myers Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Myers Industries and related companies with MarketBeat.com's FREE daily email newsletter .
ABOUT €10.05, that’s the amount my emergency fund made last year, was what one person told me recently. They saved hard to get to the amount they needed which was €15,000 and there was great satisfaction when they did and rightly so. Now they were more comfortable with their job security and whilst they weren’t becoming complacent about it either because they knew redundancy or an illness could happen at any time, they didn’t think they would need access to this money any time soon, at least they hoped they wouldn’t. Which is why they were wondering could they do something different with their emergency fund and put it somewhere else into something sensible, where it would earn more than €10 each year. They’ve put in the heavy lifting but now they feel as if they’re wasting the amount it can grow by if they keep it in a savings account. And they’re not wrong. However before I continue and tell you what my advice to them was, let me first very quickly tell you what an emergency fund is and why you need one because it's often overlooked. It’s an account where you save and place money into that will help cover and pay for sudden unforeseen events happening like an unexpected redundancy, car or home repairs that aren’t covered by insurance, washing machine packs in, four new tyres etc. So, it’s meant to protect you and your family from unexpected expenses that could lead to financial hardship if you’re not prepared. And financial advisors will typically suggest that people keep at least three to six months of their net monthly income in their emergency fund but these multiples could be higher, it will really depend on someone circumstances i.e. a self-employed person whose income is more irregular might be best advised to keep as much as nine months of their income in their emergency fund. And your emergency fund is money I believe that should be set apart from any other accounts you have, it's a standalone account. Anyway, back to the question that was asked of me and that was where was the best place someone could put their €15,000 emergency fund into, where it would hold its value and where it would earn some money as well? And just to let you know because I forgot to tell you, €15,000 was about four months of their monthly income. Okay, the ideal scenario for their emergency fund and anyone else’s for that matter is where; It’s accessible if you need access to it quickly, the capital is 100% protected and the interest rate is earning enough that it’s at least keeping up with inflation so it at least holds its value. And on that last point if the account your emergency money is in isn’t earning say 1.5% (I’m going to use that number as it’s about the current rate of inflation) then in real terms it's going down in value which begs the question, should you invest your emergency fund? This is a question you need to consider carefully because if you do the obvious upside is that it could earn a whole lot more in interest. And people are well aware of this because they’ve seen how well markets have performed this year i.e. the S&P 500 is up about 23% year to date. But that’s not always going to be the case and if we look at the same index in 2022, it was -18.11%. So, investing money into markets like this has a double edged sword i.e. it can go up and it can go down. And when you invest in equities or track indices like the S&P 500 your capital has a 0% capital guarantee. If the person I met invested €15,000 at the beginning of this year in an investment account that tracks the S&P500 they would have made €3,450 before taxes. And if they invested €15,000 at the beginning of 2022 they would have lost €2,716 which would have meant they lost about three weeks of their emergency fund. The problem with investing in equities and market indices is that they can dip at any given time, which can create a problem if they happen to fall at the same time you need the money. Imagine how you’d feel if the market began to nosedive and at the same time you’re given notice that your job is at risk and you look at your emergency fund balance and see it’s worth a third less than what it was before the market began to fall. READ MORE: Limerick traders make plea over 'detrimental' closure of street Having said that over time investing in equity based accounts or tracking stock markets indices will outperform basic deposit and savings accounts and outperform them by some margin at that, but the unknown of course is when an emergency strikes. It could strike as I just said when markets are down and when your fund is down and you don’t have time for it to recover because you need the money now. And that’s the trouble with investing your emergency fund which is why I would err on the cautious side where the capital guarantee trumps all other considerations. You don’t want to worry about what’s happening with your emergency money particularly when markets are going down. You want the sleep well account knowing that your money is safe and all of it will be there when you need it but it does need to hold its value nonetheless and leaving it in an account where its earning 0.10% or 0.25% isn’t going to do that for you. So as I see it you have two options and they are: Find an account that is earning at a minimum 1.5% net where the capital is guaranteed and you have immediate access to it. And does that account exist? It does. I found three accounts very quickly on The Competition and Consumer Protection Commission’s website where you can compare what rates are on offer from the various providers and the website is www.ccpc.ie. If you search like I did you’ll find that bunq.com are offering a gross rate of 3.36%, and raisin.ie have access to banks who are offering between 3.16% and 3.25% on accounts called, demand deposit easy access. The second option is: Invest part of your emergency fund in an equity based account You could choose a hybrid approach where say 80% of your emergency fund is in one of those 100% capital guaranteed accounts I just referred to and invest 20% in an equity based account that doesn’t carry any explicit capital guarantee. By doing this, you have the peace of mind knowing that the majority of your funds are capital guaranteed earning a rate that is at least matching or beating inflation and the remaining 20% is invested in accounts that could earn seven times more than what you’d get on deposit and if it earned seven times less, at least you’ve kept your loss low relative to the total amount you have set aside for emergency purposes. And whether you invest some or all or none of your emergency fund is a personal decision that you should consider carefully because investments can be risky but they can also be very rewarding so I’d say get advice and take your time when making a decision like this. And what’s good and works for someone else may not be the right way for you and that’s okay as well. And just to state the obvious but I will anyway, it’s never a good idea to keep your emergency money at home under your mattress or in your wardrobe or whatever you’d choose to hide it because you’re missing out on two important things (a) protection of your money against theft and (b) the potential to earn interest because what’s 100% sure is that if you keep it at home in cash you’re earning and will always earn 0%. And let me leave you with one last thought about emergency funds and this is aimed at people who don’t have one. The best advice I’ve ever heard about emergency funds is that the best time to build one is when you don’t have an emergency, not when you’re in the middle of one. The motivation to build one is that you’ll have more control and more peace of mind should something unexpected happen. And I’d say whilst you're building the fund, worry less about the interest and more about the amount you save each month because that’s what’s going to get you to the amount you need, not the interest rate. Liam Croke is MD of Harmonics Financial Ltd, based in Plassey. He can be contacted at liam@harmonics.ie or www.harmonics.ieHunter Sallis poured in 31 points and Wake Forest needed most of those in a 67-57 home victory against Detroit Mercy on Saturday at Winston-Salem, N.C. Davin Cosby had 11 points as the Demon Deacons (6-1) won their second straight since their only loss, which came a week earlier at Xavier. But it wasn't easy as the visiting Titans (3-3) were persistent as they trimmed a 19-point deficit to nine points with plenty of time remaining (5:54). Orlando Lovejoy led the Titans with 15 points and TJ Nadeau had 13 points and nine rebounds off the Detroit Mercy bench despite shooting 1-for-8 on 3-pointers. Jared Lary added 10 points. Wake Forest doubled up the Titans in 3-point production by making 10 compared to Detroit Mercy's five. But the Demon Deacons took more than half of their attempts (61) from beyond the 3-point arc (35). As a result, they were just 9-for-13 on free throws. The Titans also held a 48-31 advantage in rebounding. Some of that might have been attributed to the absence of Wake Forest center Efton Reid III, who has been dealing with migraines. Detroit Mercy trailed 36-23 at halftime, but Wake Forest couldn't put the Titans away. Sallis shot 12-for-18 from the field and made five 3-point shots. He ended up two points shy of his career-high mark. Sallis came through with clutch shots, including a 3-pointer to go up by 12 with 4:59 left. Cosby had three 3-pointers before hitting his lone 2-point basket with 3:33 left to push the lead back to 14. The Titans shot only 5-for-19 on 3-pointers and they checked in at 33.3 percent overall from the field. Detroit Mercy was charged with 14 turnovers compared to only five for Wake Forest. Detroit Mercy was coming off Wednesday night's victory at Ball State. That outcome marked the team's first true road triumph since February 2023, but the Titans couldn't duplicate it. --Field Level MediaThe unprecedented delay of 12 days in formation of the government by the National Democratic Alliance in Maharashtra has ultimately confirmed that the ruling coalition registered a historic victory even though it was a badly divided house. Not to speak just about the long time taken in the ‘appointment’ of the chief minister, it remained a mystery as to why the biggest constituent, the Bharatiya Janata Party, took more than 11 days to ‘elect’ its legislative party leader in the Assembly. Devendra Fadnavis should in the normal course have been elected as the BJP LP leader the very next day of the result. With only Fadnavis taking oath as the chief minister and Eknath Shinde and Ajit Pawar as his two deputies, it remains to be seen how long it will take to expand the cabinet. After the wrangling for the post of CM, now the tussle is on for prize portfolios, especially Home and Finance. Even after such a big victory, things are still so confusing in this camp and the top leaders of the three ruling partners are so mistrustful of each other that it remains a puzzle as to how the NDA managed to win 230-odd seats in the House of 288. In a normal situation, such a divided house should have never won the election. Immediately after the November 23 election result, the media was quick to hold the differences within the Congress-led Maha Vikas Aghadi responsible for its rout. At the same time, many anchors and experts showered fulsome praise on the Mahayuti workers, especially of the BJP, which enjoyed the backing of Rashtriya Swayamsevak Sangh. But the developments after November 23 raise a question: Was Mahayuti a united house? Or is it that if our public opinion-makers could not make out any real reasons behind the BJP’s victory they cook up the theory of rock-solid unity within the saffron camp? These gentlemen and ladies in the studios and newsrooms have no explanation as to why the same magic of unity and commitment were not shown by the diehard cadres of saffron camp in Jharkhand, where they suffered a humiliating defeat—maybe because they were already out of power. The result here too may have been different had they been in power as in the case of Haryana and Maharashtra. There was never any such unity in the NDA camp. Whatever the journalists are speaking and writing as afterthoughts following the November 23 result the fact is that the NDA was a much-divided house than the Maha Vikas Aghadi—though it is also true that the latter had its quota of problems. Till the start of polling on November 20 there was suspense over Ajit Pawar’s post-election moves. Not only had he, but even the BJP leaders Ashok Chavan and Pankaja Munde criticized Uttar Pradesh chief minister Yogi Adityanath for his ‘Baten Gay to Katen Gay’ remarks. On the other hand the then BJP’s deputy chief minister Devendra Fadnavis jumped to the support of Yogi. The murder of Baba Siddiqui, a leader of the Ajit Pawar faction of the Nationalist Congress Party, and that too so close to the election, added another twist to the whole political scenario. Yet the media persons hardly asked any pointed questions to the BJP bigwigs. They would have created a storm had any such sensational murder taken place in the INDIA combine-ruled state. Now the long drama in the formation of the government in Maharashtra only exposed the fact that there was complete confusion and anarchy in the NDA camp even throughout the election campaign. It is another thing that Mahayuti still won. Perhaps the idea of ‘managing’ the media worked in its favour. However, it is feared that if the tussle refuses to die down, the politics in Maharashtra may witness some more drama in the future. As the BJP alone has 132 MLAs, besides the support of seven Independents, there is every likelihood of Fadnavis clipping the wings of his two deputies, especially Shinde. Splitting the factions of Shiv Sena and Nationalist Congress Party led by them is not a big deal. Since 2014 a new political culture has come into being in India, especially in the states where the BJP and its allies registered big victories. The chief ministers are ‘elected’ by the legislators after more than one or two weeks. In contrast, where the party had won the election narrowly or where it had actually lost the name of the chief minister is announced within hours. The February-March 2017 Assembly elections in Uttar Pradesh and Goa are the best examples. Though the BJP and its allies won 320-odd seats in Uttar Pradesh in the House of 403 it took 10 days for the state to get a chief minister. There was widespread squabbling within. While the central leadership had thrown its weight behind Manoj Sinha, now governor of Jammu and Kashmir, Yogi Adityanath virtually hijacked the post. In total contrast, Goa got a BJP chief minister on the counting day (March 11) itself even though the saffron party could win only 13 seats in the House of 40. The Congress had emerged as the biggest party with 17 seats but it was not invited first to form the government. How rank outsiders had been installed as the chief ministers of Rajasthan, Madhya Pradesh, Uttarakhand, Gujarat, etc. came as a complete surprise to even the strongest apologists of the saffron camp in the media. First time MLAs had been thrust from the above in a couple of instances. In at least one case even the new incumbent to the top post was not a legislator. The way the split was engineered in Karnataka after the 2018 Assembly election defeat perhaps had no parallel in the history of India. The same act was repeated in Maharashtra. In both cases, the judiciary let down the country. As it is very easy to flog a dead horse the media persons are still busy flaying the leadership of Congress for the defeat in Maharashtra, when the question they should now ask forcefully is what had prevented the victorious camp from forming the government and distributing the portfolios at the earliest. In the last decade, the BJP has mastered the fine art of winning elections notwithstanding massive anti-incumbency wave and bitter inner-party/alliance fighting as in Haryana and MaharashtraWake Forest keeps Detroit Mercy at arm's length for win
H&M CELEBRATES NEW STORE WITH CHRISTINA AGUILERA NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Today at noon, H&M celebrated the reopening of its iconic Times Square flagship, located at 1472 Broadway, with a special appearance and ribbon cutting ceremony with global pop superstar Christina Aguilera . The refined space, featuring elevated aesthetics and materials, includes immersive experiences showcasing the very best of the brand's fashion identity. At the time of opening, the store will showcase a variety of fashion-forward collections including the H&M Studio Holiday Capsule, which was launched in select stores and online today, offering a modern take on partywear. The store caps off a season of investment and reignited direction for the Swedish brand in its U.S. home of New York City . "I am so excited to be here at H&M's gorgeous new store, in Times Square no less," said Christina Aguilera . "What perfect timing for this location to reopen with their new collection just before the start of the holiday season. We're very excited to bring on the joy for the season!" This fall, H&M celebrates the launch of its most impressive season of fashion yet, which will be on full display at the new Times Square store. The fully redesigned flagship is an elevated, dynamic space featuring women's and men's collections, including special shop-in-shop destinations for H&M Move, the brand's sport offering, as well as denim, lingerie, and accessories. The location will also carry clothing for children ranging from newborn to 10 years old. "H&M debuted in the US nearly 25 years ago with a flagship location in New York City . As a pivotal city for our brand, we continue to invest in our NYC stores to ensure they remain cutting-edge and inspirational to our ever-evolving customer," says Michael Beaumont , Regional Head of Expansion for H&M Americas. "With this refreshed flagship store, customers will be able to see and feel H&M's strengthened brand identity firsthand through hyper-curated artistic and design elements, innovative technologies, and interactive experiences — all anchored by H&M's diverse fashion offerings." The focus on customer experience is reflected in the brand-new immersive fitting area, a first in North America , where fashion lovers can explore trends, try on looks, and bring their style dreams to life. The fitting rooms, a first offer a customizable, multi-sensory experience with LED screens in the floor and ceiling, along with interactive mirrors. Customers can express themselves by selecting visual themes and music based on their style choices and moods, making the shopping experience more personalized and engaging. With visuals and music curated specifically for the new store, these rooms will also encourage customers to create and share their own content. "Our Times Square location is an amazing new space for customers to interact with our brand as well as each other," says Linda Li , Head of Customer Activation and Marketing for H&M Americas. "Features like our new immersive fitting rooms combine music, fashion and fun to let our customers become their own style star." The redesigned flagship showcases impressive new design features like an iconic glass wall flanking each side of the main escalator, designed by Denver based agency, Hovercraft. This signature piece combines art and technology into a multi-story ambient light display, providing customers with a dazzling show on their way to the upper levels. Other interior upgrades include fluted concrete panels, seamless terrazzo flooring, custom built wood fitting rooms and two enormous LED screens on the ground and second floor. Contact: mediarelations.us@hm.com For more images of the opening and new store, click here . For more information from the H&M group and press images visit hmgroup.com/media View original content to download multimedia: https://www.prnewswire.com/news-releases/hm-reopens-iconic-times-square-flagship-in-new-york-city-as-new-brand-showcase-302313611.html SOURCE H&MNone
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Live updates as firefighters battle blaze at Manor Social Club in SheffieldFifty years ago this month I moved to Sacramento and a few months later, just after Jerry Brown became governor, began covering politics for the long-defunct Sacramento Union newspaper. I have lived in five different homes — soon to be six — and my workplaces have always been in downtown Sacramento, near the Capitol. That experience, plus research for my 1985 book on California megatrends, forms the background of some observations about the Sacramento region’s evolution. So here goes: In 1974 the six-county region (Sacramento, Yolo, Yuba, Placer, Sutter and El Dorado) was home to barely a million people. However it was on the cusp of explosive growth, as was the entire state, thanks to a wave of migration and a baby boom. Today the region has about 2.5 million residents, making it the nation’s 28th largest metropolitan region, equal to the Las Vegas and Austin, Texas areas. Much of the growth has been in Sacramento’s suburbs, so the city now contains just a fifth of the region’s population and has ceased to be its economic center, while jobs and businesses have flourished in the suburbs. As the local economy evolved from state and federal government employment — including four large military bases — into technology and other fields, voters had two opportunities to merge the city with what were mostly unincorporated communities in Sacramento County. Merger would have made Sacramento the nation’s seventh or eighth largest city, with the economic and cultural clout that comes with size. But voters rejected both proposals, one in 1974, the other in 1990, and several suburbs incorporated into cities. Related Story: Political Conflicts and Missed Opportunities The consolidation failures reflected historic economic and political conflicts between the city and its suburbs which today still undermine cooperative policymaking and are visible in chaotic responses to the ever-growing homelessness crisis and the perpetual wrangling over transportation issues. Glen Sparrow, who headed the 1974 consolidation effort, later blamed Sacramento’s “civic gentry” — its long-dominant families — for torpedoing its passage because they didn’t want Sacramento to grow. The 1990 effort died because suburban voters saw city officials as incompetent ideologues, while Sacramento’s dominant Democrats feared that suburban Republicans would take control. The failures blocked the city from controlling development outside its borders, and its downtown commercial district, once full of department stores, withered. It regained some momentum after the Sacramento Kings downtown basketball arena opened in 2016. But the proliferation of homeless encampments, a fatal gang shootout, a violent demonstration and the pandemic, which emptied state offices, erased much of that progress. Meanwhile city government has become a model of dysfunction, with officials squabbling over mundane issues, chronic budget deficits and ceaseless conflicts with the county government, particularly over homelessness. Related Story: Flubbed Opportunities for Regional Growth The lack of cohesion means that Sacramento has flubbed opportunities to gain status among metro regions. Two examples involve its unique positioning at the juncture of two major rivers, the Sacramento and the American. Local officials blocked a canal that would have connected the Sacramento River to the channel that carries ocean-going ships to a Yolo County port and its lake, thereby missing an opportunity for spectacular waterfront development a la Southern California’s Marina del Rey. While the city is redeveloping an old railyard adjacent to downtown, it could have done something truly special by redirecting some American River water through canals, emulating San Antonio’s famous Riverwalk. A third is a failure to fully capitalize on the closure of McClellan Air Force Base in the 1990s. While the base has undergone a workable conversion to civilian use, its unique facilities also could have become another campus of the California Polytechnic State University, fueling off-campus technology businesses. Regions prosper when they have united and visionary leadership — such as North Carolina’s Research Triangle. Sacramento lacks that vision.
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A disease often thought to only affect 18th century sailors is reemerging in Canada. Earlier this week, doctors identified 27 cases of scurvy caused by prolonged and severe vitamin C deficiency in northern Saskatchewan. Experts say the confirmed diagnoses highlight a broader issue with poverty and food insecurity in rural and remote communities across the country. “Vitamin C comes from lots of different food sources, but if you don't get those food sources, the body can't do what it needs to do,” said Dr. Jeff Irvine, a physician researcher with Northern Medical Services in La Ronge, Sask. Irvine was asked to help investigate the prevalence of scurvy in his northern community of La Ronge after his colleague confirmed a single case of the disease. Irvine looked back at the last 51 vitamin C blood tests performed on patients in La Ronge over the last 14 years. Fifty of the tests took place between mid-2023 and spring 2024, with 27 of those results showing low levels of vitamin C. Those blood results paired with physical exam results indicated the 27 patients were positive for scurvy, Irvine said. The patients’ ages ranged from 20 to 80 years old. Nearly eight in 10 were Indigenous. “We have reason to believe that the scope of the problem might be larger than we think at this point,” said Dr. Nnamdi Ndubuka, a medical health officer with the Northern Inter-Tribal Health Authority. Common symptoms of scurvy include fatigue, joint pain, bruising, bloody gums and loose teeth. The disease can be difficult to diagnose due to its rarity and the fact that vitamin C levels aren’t routinely tested, Irvine said. The main source of vitamin C is fruits and vegetables, like oranges and broccoli. Daily recommended doses vary based on age and sex. Adult men should consume 90 mg of vitamin C each day while adult women should get 70 mg per day. “It’s sort of a canary in the coal mine,” Irvine said. “If they're lacking nutrients of vitamin C, they’re bound to be lacking other nutrients as well.” Last month, a study published in the Canadian Medical Association Journal detailed a recent case of scurvy treated in a Toronto hospital. A 65-year-old woman went to the emergency department after eight days of progressive leg weakness and poor mobility, according to the study. Her gums were bleeding, and she had large patches of bruises on her legs. Prior to hospitalization, the woman’s prolonged diet consisted of processed and non-perishable canned food. The study’s authors called it a “complex example of food insecurity manifesting as an uncommon diagnosis.” Food insecurity across Canada Food insecurity across the provinces rose to 22.9 per cent in 2023, an increase from 18.4 per cent the year before, according to data from Statistics Canada. Nova Scotia, Prince Edward Island and Saskatchewan saw the highest rates of food insecurity between 28 and 29 per cent. Black and Indigenous populations were the most affected. “If you go to northern communities and rural communities, you see that the situation is even much worse,” said Hassan Vatanparast, a professor in the College of Pharmacy and Nutrition at the University of Saskatoon. Transportation costs and food shelf life play a role in what foods are stocked in rural and remote grocery stores. It’s easier and more economical for grocers to sell non-perishable foods, Vatanparast said, which can mean vitamin-rich food are less accessible. Another challenge is the high cost of fresh produce in these communities. A 2022 report from the Saskatchewan Health Authority found an average family of four in a northern community paid roughly $80 more for nutritional groceries each week compared to a family in the southern part of the province. “We have bigger issues than vitamin C deficiency. It’s about health equity, it is about food insecurity, it is about equitable distribution of resources and accessibility and availability,” Vatanparast said. It can take one to three months of low vitamin C intake to lead to scurvy, according to Irvine. But patients can start to see improvements in a few days once the vitamin is reintroduced either through food or supplements. All patients were treated with vitamin C supplements in La Ronge. “It is a very easy thing to prevent and very easy thing to treat. You just need to have vitamin C available to do that,” Irvine said.Mutual of America Capital Management LLC Boosts Holdings in Sun Communities, Inc. (NYSE:SUI)
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Hedge fund manager Scott Bessent is a credible, safe choice for US Treasury secretary -- and one that is likely positive for markets -- observers said Saturday following President-elect Donald Trump's highly anticipated nomination. His selection came after competition for the top economic job spilled into the open last weekend, with the world's richest man Elon Musk throwing his support instead behind Trump's transition team co-chair Howard Lutnick. Lutnick has since been named commerce secretary to lead Trump's tariff and trade agenda, and Bessent's nomination days later appears to be uncontroversial for now. "Scott Bessent is a credible, mainstream pick for Treasury Secretary," said Jason Furman, a professor at Harvard University and former top White House economic adviser. "I could see previous administrations as having chosen him," Furman, a former chair of the Council of Economic Advisers, told AFP. But a key difference is that Bessent, 62, has had to adopt and defend views on topics like tariffs, in a way "he never would have in pursuit of the job for a previous Republican administration." Tariffs are a key part of Trump's economic agenda, with the Republican president-elect vowing sweeping duties on allies and adversaries alike. In an opinion piece published earlier this month on Fox News, Bessent defended the potential use of tariffs as a means to raise revenue for the government, protect strategic US industries and negotiate with trading partners. He would be one of the first openly gay Cabinet officials if confirmed by the Senate, and the first at the helm of the Treasury Department. Jens Nordvig, chief executive of data and analytics firm Exante Data who has worked with Bessent, drew a contrast between his demeanor and that of other Trump supporters. While some Trump allies have a tendency towards "general sweeping statements," Bessent is an "analytical thinker, and he communicates accordingly," Nordvig told AFP. He counts Bessent among his early clients. More from this section "I would expect his messaging to be very focused, to get his key points across, without any unnecessary flamboyance or gusto," Nordvig added of the Wall Street veteran. Calling Bessent a "safe choice," Brookings senior fellow in economic studies David Wessel told AFP: "He will be an adult in the room for the Trump administration." Besides Bessent, others seen as top contenders for Treasury chief in recent days included former Federal Reserve governor Kevin Warsh, Apollo Global Management chief executive Marc Rowan, and Tennessee Senator Bill Hagerty. It remains to be seen if Bessent will be a big influence "moderating some of the administration's more aggressive trade policy" or simply be a spokesman, Wessel said. He does not have much experience in dealing with Congress either, and this would be important next year as the Trump administration works to raise the debt ceiling and effort a tax bill to deliver on his economic promises. Bessent would also have to grapple with the country's debt burden, with debt borrowed at much lower interest rates previously and Trump's plans estimated to add trillions over time. In an open letter published Saturday, Nordvig called for "thoughtful leadership" at the Treasury, saying a realistic approach to tax cuts and bond issuance was needed. He also sounded a hopeful note, saying Bessent would work to reduce extreme risks for markets. Krishna Guha, vice chairman of Evercore ISI, believes Bessent's nomination "will be well received by financial markets," given his deep understanding of markets and macro conditions. Guha also warned of the risk of bond yields spiking and "pushing up mortgage rates and tanking the housing market, while also causing stocks to sell off." In his past administration, Trump has viewed the stock market as a gauge of his success. bys/md
NoneWheel of Fortune contestants whiffing their bonus puzzles is nothing new, but on December 4’s episode, a player came up short on a $40,000 puzzle that left fans joking that she may never want to visit a Disney theme park again. The game show’s latest big miss involved Vandana Patel, an Indian fusion food expert from Chicago. She won the episode and proceeded to the coveted bonus round with $20,600, a trip to Florida, and the selection of “What Are You Wearing?” as her category. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.