Carter Center came to former president in a dreamDURHAM, N.H. (AP) — Kinkead Dent threw for 246 yards and ran for another 56 yards and a touchdown as UT Martin rolled to a 41-10 win over New Hampshire in an FCS first-round game on Saturday. The Skyhawks (9-4) advance to face unbeaten and top-seeded Montana State (12-0) in the second round. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Trump says he can't guarantee tariffs won't raise prices, won't rule out revenge prosecutions
Where Will Realty Income Stock Be in 3 Years?Prime minister Narendra Modi on Sunday gave a clarion call for unity and brotherhood in the country in his final Mann ki Baat episode of the year, and urged people to “annihilate the feeling of division and hatred in the society” while he hailed the upcoming Kumbh Mela as a unique scene of unity in diversity. Modi also announced that a special website named constitution75.com has been created to connect the citizens of the country with the legacy of the Constitution. As the Prime Minister informed his audience of the preparations for the Maha Kumbh in Prayagraj from January 13, he hailed the spiritual festival as a manifestation of India’s diversity where there is no discrimination against anyone and everyone is treated equally. “The speciality of the Maha Kumbh is not only in its vastness. The speciality of the Kumbh is also in its diversity. Crores of people congregate for this event. Lakhs of saints, thousands of traditions, hundreds of sects, many akharas, everyone becomes a part of this event. There is no discrimination anywhere, no one is big, no one is small. Such a scene of unity in diversity will not be seen anywhere else in the world. Therefore, our Kumbh is also the Maha Kumbh of unity. This time’s Maha Kumbh will also bolster the mantra of Maha Kumbh of unity.” “Let me tell all of you; when we participate in the Kumbh, let us bring along this resolve of unity with us. Let us also make a resolve to annihilate the feeling of division and hatred in society. If I have to say it in a few words, then I will say Mahakumbh Ka Sandesh, Ek Ho Poora Desh... The message of the Mahakumbh, let the whole country be united... and putting it in another way, I will express Ganga Ki Aviral Dhara, Na Bate Samaj Hamara... Like the uninterrupted flow of the Ganga, let our society be undivided. Friends, this time in Prayagraj, devotees from the country and the world will also be witness to the digital Maha Kumbh,” the PM added. This is the second time in as many months that the PM has spoken about unity and peace in society. On November 11, speaking virtually at the 200th-anniversary celebrations of the Shri Swaminarayan Temple in Vadtal, Gujarat, Modi urged for collective action to safeguard national integrity. “Unity among citizens and integrity of the nation is important to make India a developed nation by 2047. Some forces are working to divide our society on the basis of caste, faith, language, social status, gender, and the rural-urban divide. We must recognise the gravity of these attempts by those who seek to harm our nation, understand the threat they pose, and work collectively to defeat such divisive acts,” Modi said. The PM also informed that for the first time an AI chatbot will be used at the mega carnival of humanity. “With the help of digital navigation, you will be able to reach different ghats, temples, and akharas of sadhus. The same navigation system will also help you reach parking spaces. For the first time, an AI chatbot will be used in the Kumbh event. All kinds of information related to the Kumbh will be available in 11 Indian languages through the AI chatbot. Anyone can ask for any kind of help through this chatbot, either by typing text or by speaking in. The entire fair area is being covered with AI-powered cameras,” the PM said. If a person gets separated from one’s kith and kin during the Kumbh, these cameras will help find them and devotees will also get the facility of a digital lost and found centre, the PM added. He spoke of how devotees will also be provided information about government-approved tour packages, accommodation and homestays on their mobile phones and a facility to click selfies with #EktaKaMahakumbh. As the government is making mega plans to celebrate 75 years of the installation of the Constitution — which has also been at the centre of major political battles in the recent past between the Congress and the BJP — the Prime Minister in his Mann ki Baat announced that a special website has been created to bring the common people closer to the spirit of the document. “On January 26, 2025, our Constitution is completing 75 years. It is a matter of great honour for all of us. The Constitution, handed over to us by our Constitution makers, has stood the test of time in every sense of the term. The Constitution is our guiding light, our guide. It is on account of the Constitution of India that I am here today, being able to talk to you. This year, on Constitution Day, the 26th of November, many activities have commenced that will go on for a year. A special website named constitution75.com has also been created to connect the citizens of the country with the legacy of the Constitution,” the PM said. “In this”, Modi added, “you can read the Preamble of the Constitution and upload your video. You can read the Constitution in myriad languages; you can also ask questions pertaining to the Constitution. I urge the listeners of Mann Ki Baat, school-going children, college-going youth, to visit this website and become a part of it.” Modi also touted the ministry of information and broadcasting’s upcoming WAVES Summit in New Delhi that the ministry wants to turn into India’s flagship entertainment conference, akin to what the Cannes Film Festival is to France. “A great opportunity is on the way to showcase India’s creative talent to the world. Next year, for the first time, the World Audio Visual Entertainment Summit, that is, WAVES Summit is going to be organised in our country. All of you must have heard about Davos, where the world’s economic giants gather. Similarly, in the WAVES Summit, giants from the media and entertainment industry and people from the creative world will come to India. This summit is an important step towards making India a hub of global content creation. I feel proud informing you that the young creators of our country are also joining with full enthusiasm in the preparations for this summit. When we are moving towards a $5 trillion economy, our creator economy is bringing in a new energy. “I would urge the entire entertainment and creative industry of India -- whether you are a young creator or an established artist, associated with Bollywood or regional cinema, a professional from the TV industry, an expert in animation, gaming or an innovator in entertainment technology -- to be a part of the WAVES Summit,” he said. The WAVES Summit was earlier scheduled to be held in Goa alongside IFFI in November but was rescheduled to four months later. Modi also told the country about the first Bastar Olympics that concluded earlier this month and saw the participation of 165,000 players from seven districts. “You will also be happy to know that this is taking place in the region which was once a witness to Maoist violence,” he said. The events included athletics, archery, badminton, football, hockey, weightlifting, karate, kabaddi, kho-kho, and volleyball. “Bastar Olympics is not just a sports event. It is a platform where development and sports are merging together, where our youth are honing their talent and building a new India,” he said.
NoneST. LOUIS — Matvei Michkov scored 26 seconds into overtime and the Philadelphia Flyers beat the St. Louis Blues 3-2 on Saturday night. Owen Tippett and Tyson Foerster also scored for Philadelphia, and Aleksei Kolosov had 25 saves. Dylan Holloway and Jake Neighbours scored for St. Louis. Jordan Binnington finished with 28 saves. Neighbours tied the score with 19 seconds left in regulation, putting in a loose puck from just outside the crease. Tippett tapped in the puck from the right side after a pass from Michkov at 9:15 of the first period. Holloway tied it 1-1 with 8:49 remaining in the third, and Foerster scored on a rebound to put the Flyers back ahead 51 seconds later. Takeaways Flyers: Veteran Sean Couturier ended a four-game point streak (three goals, two assists). Philadelphia Flyers right wing Tyson Foerster, center, has a shot blocked by St. Louis Blues defenseman Justin Faulk, right, during the first period of an NHL hockey game Saturday, Nov. 30, 2024, in St. Louis. Credit: AP/Jeff Le Blues: Defenseman Philip Broberg was back on the ice on day after coming off injured reserve after recovering from a lower body injury and missing 12 games. He was hurt in a game against Toronto on Nov. 2. Key moment Binnington recorded two eye-popping saves late in the second period with the Blues trailing 1-0. Binnington was sprawled in the crease blocking a backhand shot by Tracy Konecny with 1:02 remaining. Sean Couturier nabbed the loose puck, but a prone Binnington made an acrobatic glove save on the goal line seconds later to prevent a sure goal. Key stat The Flyers are 4-0-1 in their last five games, with three of them going into overtime. Since their victory over the Blues on Halloween night, Philadelphia has gone 8-3-2. Up next Blues visit Winnipeg to begin a four-game trip, and Flyers host Florida on Thursday. St. Louis Blues defenseman Justin Faulk, left, pressures Philadelphia Flyers center Morgan Frost, right, during the first period of an NHL hockey game Saturday, Nov. 30, 2024, in St. Louis. Credit: AP/Jeff Le __ AP NHL: https://apnews.com/hub/NHL
Inflation has been one of the top concerns for the US economy in 2024. And it looks like fears over sticky prices will continue in 2025. "We expect a gradual deceleration from where we are, but to levels that are still uncomfortably high for the Fed," Deutsche Bank chief economist Matthew Luzzetti told Yahoo Finance in an interview. So far this year, inflation has moderated but remains stubbornly above the Federal Reserve's 2% target on an annual basis, pressured by hotter-than-expected readings on monthly "core" price increases, which strip out volatile food and energy costs. In November, the core Personal Consumption Expenditures (PCE) index and the core Consumer Price Index (CPI), both closely tracked by the central bank, rose 2.8% and 3.3%, respectively, over the prior-year period. "Inflation is primarily going to be driven by the services side of the economy," Luzzetti said, calling out core services like healthcare, insurance, and even airfares. "Shelter inflation is also still high, and although it'll come down over the next year, it's likely that it could remain somewhat elevated." According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2.2%, before cooling to 2.2% in 2026 and 2.0% in 2027. This largely aligns with Wall Street's current projections. Out of the 58 economists surveyed by Bloomberg, the majority see core PCE moderating to 2.5% in 2025 but they do expect less of a deceleration in 2026, with the bulk of economists anticipating a higher 2.4% reading compared to the Fed. "The risks are certainly tilted in the direction of higher inflation," Nancy Vanden Houten, lead US economist at Oxford Economics, told Yahoo Finance. "A lot of the risk comes from the possibility of certain policies being implemented under the Trump administration on tariffs and on immigration." President-elect Donald Trump's proposed policies, such as high tariffs on imported goods, tax cuts for corporations, and curbs on immigration, are considered potentially inflationary by economists. Those policies could further complicate the Federal Reserve's path forward for interest rates. In a press conference following the Federal Reserve's last interest rate decision of the year, Federal Reserve Chair Jerome Powell said the central bank expects "significant policy changes" but cautioned that the extent of policy adjustments remains uncertain. "We need to see what they are and what effects they have," he told reporters at the time, adding the Fed is "thinking about these questions" and will have "a much clearer picture" once policies are implemented. For some, the picture is already clearer than not. Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz said at Yahoo Finance's annual Invest conference last month that the US economy has achieved a soft landing, in which prices stabilize and unemployment remains low. "But that ends Jan. 20," he warned, referring to Inauguration Day. Tariffs have been one of the most talked-about promises of Trump's campaign. The president-elect has pledged to impose blanket tariffs of at least 10% on all trading partners, including a 60% tariff on Chinese imports. "It will be inflationary," Stiglitz said. "And then you start thinking of the inflationary spiral, the prices go up. Workers will want more wages. And then you start thinking of what happens if others retaliate [with their own duties]." Stiglitz believes Powell will raise interest rates if inflation pressures persist. "You combine the higher interest rates and the retaliation from other countries, you're going to get a global slowdown," he said. "Then you have the worst of all possible worlds: inflation and stagnation, or slow growth." BNP Paribas issued a grim 2025 outlook, expecting the Fed to pause its easing cycle next year amid a "substantial rise in inflation from late 2025 into 2026" due to the rollout of tariffs. The firm sees CPI settling at 2.9% by the end of next year before climbing to 3.9% by the end of 2026. Meanwhile, Minneapolis Fed president Neel Kashkari categorized a possible retaliation by other countries as a "tit-for-tat" trade war , which would keep inflation elevated over the long term. Investors are starting to take notice of the risk. In the latest Global Fund Manager Survey from Bank of America released earlier this month, expectations of a "no landing" scenario, in which the economy continues to grow but inflation pressures persist, hit an eight-month high. In the United States, Congress typically sets tariffs, but the president has the authority to impose certain ones under special circumstances , and Trump has vowed to do so. It remains unclear which policies will be a priority once Trump takes office or if he'll fully commit to the promises he's already made. "Our baseline is that we do get tariffs next year, but they start relatively low and targeted," Luzzetti said, projecting a 20% cumulative rise in tariffs on China, in addition to more targeted levies on Europe. "Things like the universal baseline tariff, which is this across-the-board tariff rate that Trump has threatened, we don't think that that gets implemented," he said. Still, the economist believes that whatever tariffs Trump does choose to implement will lead to higher inflation over time. He's baked in zero interest rate cuts from the Federal Reserve next year for that reason. "Our view is that inflation does not come below 2.5% next year and that the Fed would not be comfortable with that, and therefore would not keep cutting rates," he said. "But also we have an expectation that the economy will remain quite resilient." And the US economy has been resilient throughout the course of 2024. Retail sales once again topped estimates for the month of November, GDP remains strong and above trend, the unemployment rate continues to hover at around 4% , and despite future uncertainty and its bumpy path down to 2% , inflation has moderated. "There's just a good amount of tailwinds to an economy that is already receiving solid growth momentum, and the Fed has just undertaken 100 basis points of rate cuts this year," Luzzetti said. "All that, we think, sets a pretty solid floor under growth over the next year." Alexandra Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal , LinkedIn, and email her at alexandra.canal@yahoofinance.com. 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