
Legendary St. John's basketball coach Lou Carnesecca has died at the age of 99, News 4 sports reporter Bruce Beck has confirmed Saturday. Carnesecca, a two-time National Coach of the Year and three-time Big East Coach of the Year, was enshrined in the National Basketball Hall of Fame in 1992. In addition to his tenure at St. John's, he also coached the New York Nets of the ABA. The legendary coach own more than 500 games in his 24 seasons at St. John's, taking the team to the Final Four in 1985. He also helped pave the way for the BIG EAST as it is now known. "A founding father of the BIG EAST Conference and an international ambassador for the game worldwide, Coach Carnesecca was inducted into the Naismith Memorial Basketball Hall of Fame in 1992. In addition to his legendary coaching career, he has touched the lives of countless individuals and has made a positive impact on the St. John’s University community for the last eight decades," the school posted in September. Beck posted a tribute to Carnesecca on social media: "With tears in my eyes - I say goodbye to Lou Carnesecca. What a run - 99 years of living life to its fullest. What a coach. What a man. What a friend. I was so honored to host his TV show for 7 years on @msgnetworks & so blessed to have him in my life for 46 years. RIP Louie. I have lost a second father - the world has lost a Saint. 💙💜 @StJohnsBBall @StJohnsU @naismith_hall ."Savings targets could cost 10,000 civil service jobs
Sarnia police are seeking the public’s help in finding any new leads for a cold case from over 20 years ago. On Dec. 28, 2001, police say a physical fight broke out behind a local bar on Christina Street. Robert (“B.J.”) Raymond was stabbed in the chest, which ultimately led to his death. The person responsible for Raymond’s death has not been identified. All unsolved cases remain open until an arrest is made and charges are laid, according to police. At the time of a murder, witnesses are often reluctant to speak to police because they fear retaliation from others. These fears can fade as time passes. Investigators continue to appeal to the public for help and any information that can assist in identifying the person or persons responsible and can help solve this violent crime. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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These LEGO Kits Are On Sale For Boxing Day 2024 The Waterpik Advanced Water Flosser Will Make Cleaning Your Teeth So Much Easier — And It's 41% Off For Boxing Day London Top Stories Fatal crash in Middlesex County New Year’s Eve in London’s Victoria Park Can you help solve this cold case in Sarnia? 'Let's not panic': Canada picks up the pieces after ugly Latvia loss at world juniors St. Thomas police investigating retail theft 'Pretty limited' options for Liberal MPs calling for leadership change 4.1 magnitude earthquake in western Quebec felt in Ottawa and Montreal Rainfall warning in effect across midwestern Ontario CTVNews.ca Top Stories 'Pretty limited' options for Liberal MPs calling for leadership change As calls mount within the federal Liberal Party for Prime Minister Justin Trudeau to step down as leader, one political analyst says there’s little his detractors can do to force his hand. 2 teenagers arrested, 1 suspect at-large after attack involving bear spray, machete A pair of teenaged boys have been charged with aggravated assault after police said they attacked a man with bear spray and a machete Friday evening. Possible explosion at Metro Vancouver strip mall under investigation Police and firefighters were called to the scene of a potential explosion at a Metro Vancouver strip mall Sunday morning. Plane crashes and bursts into flames while landing in South Korea, killing 179 A jetliner skidded off a runway, slammed into a concrete fence and burst into flames Sunday in South Korea after its landing gear apparently failed to deploy. All but two of the 181 people on board were killed in one of the country’s worst aviation disasters, officials said. Recognize the name Jolt Cola? The 1980s soda aims to make a comeback — this time with even more caffeine Jolt Cola, the soda brand that gained attention in the 1980s for offering “all the sugar and twice the caffeine,” is heading back to stores in 2025. This time, it’s promising more than twice the original caffeine content. Looking to get rid of your Christmas tree? This farm will feed it to its goats Now that the holidays are almost over, many people may be looking to dispose of their Christmas tree. One farm in Massachusetts is letting people do just that, in a furry and eco-friendly way. 'Let's not panic': Canada picks up the pieces after ugly Latvia loss at world juniors Canada was embarrassed on home soil 3-2 by Latvia — a country it had thumped by a combined 41-4 score across four previous meetings — in a shocking shootout Friday. 4.1 magnitude earthquake in western Quebec felt in Ottawa and Montreal The earth moved in the Maniwaki area this Sunday morning. No damage was reported after a 4.1 magnitude earthquake rattled the Maniwaki area in western Quebec, according to Earthquakes Canada. TSB investigating airplane landing incident at Halifax airport The Transportation Safety Board of Canada says they are investigating an aircraft incident at the Halifax Stanfield International Airport that caused temporary delays to all flight operations Saturday night. Kitchener Cambridge industrial plant dealing with major damages after fire A fire Saturday morning has a Cambridge industrial plant dealing with major damage. Emergency crews respond to Mapleton, Ont. barn fire Mapleton, Ont. emergency crews are battling a barn fire that broke out Sunday morning. Plane crashes and bursts into flames while landing in South Korea, killing 179 A jetliner skidded off a runway, slammed into a concrete fence and burst into flames Sunday in South Korea after its landing gear apparently failed to deploy. All but two of the 181 people on board were killed in one of the country’s worst aviation disasters, officials said. Barrie Deluxe taxi goes up in flames in Barrie parking lot Some locals were quick to pull out their cellphones and capture a minivan as it went up in hot flames in a Barrie parking lot. Region under rainfall warning, fog advisory Many areas across Simcoe Muskoka, upper York Region and Grey County are under rainfall warnings and fog advisories as of Sunday morning. $47K in drugs seized, man arrested in alleged domestic assault Police in Owen Sound made one arrest and seized a ‘large’ quantity of multiple drugs after responding to an alleged domestic assault on Saturday. Windsor Crews battle two apartment fires in under two hours Windsor Fire and Rescue responded to two calls at Ouellette Avenue apartment buildings Sunday morning. 'Pretty limited' options for Liberal MPs calling for leadership change As calls mount within the federal Liberal Party for Prime Minister Justin Trudeau to step down as leader, one political analyst says there’s little his detractors can do to force his hand. Woman with outstanding warrant arrested in Chatham One person has been arrested after Chatham-Kent police officers conducted a traffic stop Saturday in Chatham. Northern Ontario Mississauga tow truck driver charged for impersonating a cop in northern Ont. A southern Ontario resident has been charged for allegedly impersonating a peace officer during a towing incident in northwestern Ontario. 'Pretty limited' options for Liberal MPs calling for leadership change As calls mount within the federal Liberal Party for Prime Minister Justin Trudeau to step down as leader, one political analyst says there’s little his detractors can do to force his hand. Montreal motorist dead after 5-vehicle collision in Kirkland Lake: OPP Ontario Provincial Police in Kirkland Lake, Ont., are investigating a multi-vehicle collision on Highway 11 that killed one person. Sault Ste. Marie Provincial police investigate fatal commercial vehicle crash in northwestern Ont. Ontario Provincial Police are investigating a fatal crash on Highway 17 between Sistonen's Corner to Upsala in northwestern Ontario. Mississauga tow truck driver charged for impersonating a cop in northern Ont. A southern Ontario resident has been charged for allegedly impersonating a peace officer during a towing incident in northwestern Ontario. Man shot by officer after firing at police car near Thunder Bay: SIU Ontario's Special Investigations Unit is probing a shooting near Thunder Bay in which a man was shot and wounded by a police officer on Boxing Day. Ottawa 4.1 magnitude earthquake in western Quebec felt in Ottawa and Montreal The earth moved in the Maniwaki area this Sunday morning. No damage was reported after a 4.1 magnitude earthquake rattled the Maniwaki area in western Quebec, according to Earthquakes Canada. Here's how you can watch CTV News at Six on Sundays during the NFL season With CTV broadcasting NFL football games on Sundays this season, CTV News at Six will be broadcasting live on our website and the CTV News App. Eastern Ontario farm wants your Christmas trees to feed its animals: ’They do like the fresh needles’ An animal farm in eastern Ontario wants your Christmas trees for its goats, sheep, alpacas and cattle to feed on. Toronto ‘Significant rainfall,’ and fog expected in the GTA, much of southern Ontario Sunday It’s expected to be a wet and foggy day across the Greater Toronto Area (GTA) Sunday, with as much as 30 mm of rain expected in some locations. Suspect charged after woman found dead at Niagara Falls home A suspect has been charged after a woman was found dead inside her Niagara Falls home. SIU investigating after Toronto cops discharge sock round, less-lethal firearm at man that resulted in serious injuries The province’s police watchdog is investigating after Toronto officers discharged sock round and less-lethal firearm at a man who had allegedly stabbed another person in the city’s Rockcliffe-Smythe area on Saturday morning. Montreal Over a dozen community groups refuse to leave Montreal centre despite eviction order More than a dozen groups have refused to vacate a community centre in Montreal's Ahuntsic neighbourhood despite an eviction order from their landlord, Quebec's largest school service centre. Earthquake near Maniwaki felt in Gatineau, Ottawa, and Montreal A 4.1 magnitude earthquake struck near Maniwaki, Que., on Sunday morning, according to Earthquake Canada. Authorities change plan to free stranded vessel near Vercheres The Canadian Coast Guard announced on Sunday morning that a change of strategy was underway to salvage the vessel that ran aground on Christmas Eve in the St. Lawrence River, in the Verchères sector of the Montérégie region. Atlantic TSB investigating airplane landing incident at Halifax airport The Transportation Safety Board of Canada says they are investigating an aircraft incident at the Halifax Stanfield International Airport that caused temporary delays to all flight operations Saturday night. N.B. entrepreneur honours memory of mother with 'thank you' note legacy N.B. entrepreneur Emily Somers honours her mother with 'thank you' notes. N.S. man hospitalized after collision in Bridgewater: police A 75-year-old Lunenburg County man is in hospital after being struck by a vehicle in Bridgewater, N.S., Friday morning. Winnipeg 2 teenagers arrested, 1 suspect at-large after attack involving bear spray, machete A pair of teenaged boys have been charged with aggravated assault after police said they attacked a man with bear spray and a machete Friday evening. Experts, province urge caution over ice conditions after man dies in Hanover The province, along with outdoor enthusiasts, are urging people to use caution near frozen bodies of water after a man died when his skid steer loader fell through the ice. Cross-country ski race returns to Windsor Park The Prairie Holiday Loppet made its long-awaited return to Winnipeg’s Windsor Park Saturday, with dozens of racers hitting the trails. Calgary 1 man hospitalized after being shot in leg near Calgary’s Drop-In Centre One man was taken to hospital after a shooting downtown Saturday night. 1 arrested after 3 stabbed in Airdrie, including 2 youth Airdrie RCMP have arrested a male in connection with multiple aggravated assaults that left three people injured. Jonathan Huberdeau scores twice as Calgary Flames beat San Jose Sharks 3-1 Jonathan Huberdeau scored twice and the Calgary Flames beat San Jose 3-1 on Saturday night, handing the Sharks their seventh straight loss. Edmonton Edmonton street photographer captures moments and people one frame at a time A local photographer who is passionate about capturing moments in one-hundredth of a second embraced many styles of his trade before landing on one which truly represents his mantra: street photography. 2 vehicles fall through ice at Sylvan Lake, promoting police warning RCMP issued a warning Saturday after two vehicles fell through the ice on Sylvan Lake. Olympic Games in 2026 on the horizon for world champion ski jumper Alex Loutitt The words "why not me" are tattooed on the back of Alexandria Loutitt's hand between her thumb and wrist. Regina Regina police charge 2 youths in city's 6th homicide of 2024 Two Regina teens are facing murder charges in connection to the death of a Regina man on Boxing Day. Regina man showcases local bead supply business Jeramy Hannah recently began selling beading supplies, after he realized the beaders in his life were struggling with a lack of local vendors, prompting him to create a business called Bead Bro. 'A great holiday memory': Echo Valley Provincial Park gets plenty of visitors at Skate the Park launch Families and groups of friends made use of the good weather as the new season of Skate the Park got underway at Echo Valley Provincial Park. Saskatoon U18 provincials curling tournament underway in PA Teams from across Saskatchewan are in Prince Albert for the U18 curling provincials. Police made two arrests following a shooting in Saskatoon A swift response from Saskatoon police led to the arrest of a man and woman following a reported shooting Friday afternoon. Saskatoon fire crews battle house fire Saskatoon firefighters responded to a house fire on the 100 block of Klassen Crescent Friday afternoon. Vancouver 2 shot during fight outside Surrey pub Two people were injured in a shooting outside of a Surrey pub in the early hours of Sunday morning, according to authorities. Possible explosion at Metro Vancouver strip mall under investigation Police and firefighters were called to the scene of a potential explosion at a Metro Vancouver strip mall Sunday morning. How to recycle your Christmas tree in Metro Vancouver During the first weeks of January, cities in Metro Vancouver offer several options for recycling Christmas trees, from putting them in the green bin, to curbside pick-up, to chipping fundraisers that benefit local charities. Vancouver Island Victoria police seek witnesses, additional victims after hit-and-run spree A woman is facing seven charges after allegedly committing multiple hit-and-run crashes in a stolen vehicle while impaired, according to police in B.C.'s capital. Online child exploitation spiked during lockdowns. Police worry it's here to stay Online predators are becoming increasingly resourceful in trolling media platforms where children gravitate, prompting an explosion in police case loads, said an officer who works for the RCMP Integrated Child Exploitation Unit in British Columbia. Vancouver man defrauded Chinese developers of US$500K, court rules A Vancouver man has been ordered to pay more than US$500,000 after a B.C. Supreme Court judge found he had defrauded the would-be developers of a real estate project in China of that amount. Stay ConnectedHow to Watch Purdue vs Indiana: Live Stream College Football, TV Channel
Pair of original MLS clubs to play for Cup title
Norris defies orders to help Piastri and Verstappen loses the Qatar pole to Russell
DALLAS — Delta and United became the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. That is squeezing smaller low-fare carriers like Spirit Airlines , which recently filed for bankruptcy protection. Some travel-industry experts think Spirit’s troubles indicate that travelers on a budget will be left with fewer choices and higher prices. Other discount airlines are on much better financial footing than Spirit, but they too are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic . Most industry experts think Frontier Airlines and other so-called ultra-low-cost carriers will fill the vacuum if Spirit shrinks , and that there is still plenty of competition to prevent prices from spiking. Spirit Airlines lost more than $2.2 billion since the start of 2020. Frontier has not reported a full-year profit since 2019, though that slump might end this year. Allegiant Air’s parent company is still profitable, but less so than before the pandemic. Those kind of numbers led United Airlines CEO Scott Kirby to declare recently that low-cost carriers were using “a fundamentally flawed business model” and customers hate flying on them. Kirby’s touchdown dance might turn out to be premature, but many analysts are wary about the near-term prospects for budget airlines, which charge cheaper fares but more fees than the big airlines. A traveler speaks with a Spirit Airlines agent May 24 at Hartsfield-Jackson Atlanta International Airport ahead of Memorial Day in Atlanta. Low-cost airlines grew in the last two decades by undercutting big carriers on ticket prices, thanks in large part to lower costs, including hiring younger workers who were paid less than their counterparts at Delta Air Lines, United and American Airlines . Wages soared across the industry in the past two years, however, narrowing that cost advantage. The big airlines rolled out and refined their no-frills, “basic economy” tickets to compete directly with Spirit, Frontier and other budget carriers for the most price-sensitive travelers. The budget airlines became less efficient at using planes and people. As their growth slowed, they wound up with more of both than they needed. In 2019, Spirit planes were in the air an average of 12.3 hours every day. By this summer, the planes spent an average of two more hours each day sitting on the ground, where they don't make money. Spirit's costs per mile jumped 32% between 2019 and 2023. Another issue is that airlines added too many flights. Budget airlines and Southwest Airlines were among the worst offenders, but full-service airlines piled on. To make up for a drop in business travel, the big carriers added more flights on domestic leisure routes. The result: Too many seats on flights into popular tourist destinations such as Florida and Las Vegas, which drove down prices, especially for economy-class tickets. Rows of seats are shown Sept. 26 on a retrofitted Southwest Airlines jet at Love Field in Dallas. Low-cost airlines are responding by following the old adage that if you can't beat them, join them. That means going premium, following the rapidly growing household wealth among upper-income people. The top one-fifth of U.S. households by income added $35 trillion in wealth since 2019 and holds nearly nine times the wealth of the middle fifth, according to the Federal Reserve . Frontier Airlines organized its fares into four bundles in May, with buyers of higher-priced tickets getting extras such as priority boarding, more legroom and checked bags. The airline dropped ticket-change or cancellation fees except for the cheapest bundle. Spirit followed in August with similar changes, blocking middle seats and charging passengers more for the comfort of aisle and window seats. Spirit Airlines CEO Ted Christie received a $3.8 million retention bonus a week before the Florida-based carrier filed for Chapter 11 bankruptcy. Christie will retain the bonus if he remains with the company for another year. The airline's stock has dropped over 90% this year. It has faced challenges including a blocked $3.8 billion merger with JetBlue and failed talks with Frontier. The pandemic disrupted Spirit's operations and travel patterns, reducing its daily aircraft utilization and increasing costs. Demand has shifted to full-service airlines as higher-income travelers vacation more, while inflation impacts lower-income consumers. JetBlue Airways , which began flying more than 20 years ago as a low-cost carrier but with amenities, is digging out from years of steady losses. Under new CEO Joanna Geraghty, the first woman to lead a major U.S. airline, JetBlue is cutting unprofitable routes, bolstering core markets that include the Northeast and Florida, and delaying deliveries of $3 billion worth of new planes. Starting next year, Southwest Airlines will toss out a half-century tradition of “open seating” — passengers picking their own seat after boarding the plane. Executives say extensive surveying showed 80% of customers preferred an assigned seat, and that's especially true with coveted business travelers. More crowded planes also might be pushing passengers to spend more to escape a middle seat in the back of the plane. A Frontier Airlines jet takes off July 5, 2022, from Denver International Airport in Denver. In other parts of the world, budget carriers are doing just fine. They bounced back from the pandemic just like their more highbrow competitors. Some industry experts say low-cost carriers in Asia and Europe have always attracted a more diverse mix of passengers, while in the U.S., affluent and middle-class travelers look down their noses at low-cost carriers. Jamie Baker, an analyst for JPMorgan, says he has many college friends who work in London and fly Irish airline Ryanair all the time, but he hardly knows anyone who has ever been on a Spirit or Frontier plane. A small plane tows a banner April 13, 2016, over Flint Bishop International Airport as part of ceremonies marking Allegiant Air joining the airport. Delta CEO Ed Bastian is less dismissive of the “lower-end carriers” in the U.S. than United's Kirby. "I don’t see that segment ever disappearing,” Bastian said after Spirit’s bankruptcy filing. “I think there’s a market for it.” At the same time, he said the upscale moves by ultra-low-cost carriers are having no effect on his airline. Delta targets upscale travelers but also introduced basic-economy fares a decade ago, when discounters emerged as a growing threat to poach some of Delta's customers. “Just calling yourself a premium carrier and actually being a premium carrier are two totally different things,” Bastian said “It's not the size of the seat or how much room you have; it's the overall experience.” As frequent flyers know, air travel isn't cheap. With the summer months in full swing, demand for air travel is expected to reach record numbers in 2024 as airlines continue to recover after the COVID-19 pandemic. Luckily for those who are looking for ways to save on travel , one way to cut costs on your next vacation may be in finding the right places to fly in and out of. FinanceBuzz looked at average domestic airfares from the 45 busiest airports in the U.S. to learn which airports are best for travelers on a budget, as well as which ones to avoid if you are trying to travel affordably. Overall, the national average airfare cost decreased by 3.1% from 2022 to 2023 when adjusted for inflation (which translates to a 0.9% increase in non-adjusted dollars). The last time inflation-adjusted airfare costs dropped year-over-year was during the start of the COVID-19 pandemic, when it fell 18% between 2019 and 2020. Largely, this is good news for consumers who can spend less on airfare and have more room in their budget for hotels , restaurants, and other travel fees. In addition to earning rewards on airfare, most travel credit cards offer rewards for spending in these areas, which can offset overall vacation costs. Based on Bureau of Transportation Statistics, the above chart shows inflation-adjusted average airline fares over the past 25 years. For this report, we compared domestic airfares from the 45 busiest airports in the U.S. using data published by the U.S. Department of Transportation . Orlando International Airport (MCO) had the lowest airfare cost in the country at $265.58 on average. Home to iconic theme parks like Universal Studios, Sea World, and most notably, Walt Disney World, Orlando is one of America's top tourist destinations. This is welcome news for those bracing for expensive park tickets and food prices at the House of Mouse. Beyond saving with a Disney credit card on park-related purchases, visitors can also maximize savings by using a credit card like the Chase Sapphire Reserve which offers an annual travel credit, or even using a 0% APR credit card if you don't want to pay for your entire vacation at once. Another Florida-based airport, Fort Lauderdale-Hollywood International Airport (FLL), has the second-lowest average airfare cost in the country — tickets here are only about $5 more expensive than Orlando's. Just a few dollars behind FLL is Las Vegas's Harry Reid International (LAS), where fares cost $272.15 on average. LAS is also the last airport on our list where average airfare costs are less than $300. Oakland International Airport (OAK) has the fourth-lowest average airfare costs in the country at $303.79. And the fifth-least expensive airport, Chicago Midway International (MDW), comes in at $308.27. For the third year in a row, Dulles International Airport (IAD) and San Francisco International Airport (SFO) have the two highest average fares in the country. Flights from Dulles cost $488.40 on average in 2023, while flights from San Francisco cost $444.59. Some silver lining for travelers who need to travel through Dulles: IAD is home to some of the best airport lounges in the country, including the recently-opened Capital One Lounge, available to Capital One Venture X or Venture Rewards credit card holders. With free food, drinks, and recharging stations, lounges can be one easy way to offset otherwise-expensive airport costs. Salt Lake City International Airport (SLC) has the third-highest average airfare in the country, with an average cost of $438.34. Last on our top-five list of the most expensive airports are Charlotte Douglas International Airport (CLT) and Detroit Metro Airport (DTW). Average airfare from Charlotte cost $436.80 last year, while flights from Detroit had an average price tag of $427.05. Seattle-Tacoma International Airport (SEA) was the biggest affordability winner over the last year, dropping prices by more than $18 on average. SEA jumped from 36th most-affordable place last year to 28th place this year — an increase of eight spots. Raleigh-Durham International Airport (RDU) and Portland International Airport (PDX) experienced similar jumps, rising by seven spots each. RDU went from 24th place in 2022 to 17th in 2023, while PDX went from 42nd to 35th. Two different airports fell by eight spots in our affordability rankings, tied for the biggest drop of the year. The average fare at Sacramento International Airport (SMF) rose by $18.66 year-over-year, which led SMF to go from 18th in last year's affordability rankings to 26th this year. Prices rose even more at St. Louis Lambert International Airport (STL), going up by $19.64 on average from one year to the next. Consequently, STL fell from 21st to 29th place in terms of affordability. As you plan your travel, you'll find costs can vary widely at a single airport. With a little research and smart planning, you can find a deal at any airport. Here are a few tips to save on airfare: We looked at 2023 airfare data released by the U.S. Department of Transportation in May 2024 to compare domestic airfares by origin city. This report calculated average fares based on domestic itinerary fares. "Itinerary fares" consist of round-trip fares, unless only a one-way ticket was purchased. In that case, the one-way fare was used. Fares are based on total ticket value, including the price charged by the airline plus any additional taxes and fees levied at the time of purchase. Fares include only the price paid at booking and do not include fees for optional services like baggage fees. Averages also do not include frequent-flyer or "zero fares" or a few abnormally high reported fares. This stor y was produced by FinanceBuzz and reviewed and distributed by Stacker Media. Receive the latest in local entertainment news in your inbox weekly!Revolutionary Technology Steals the Show at Epic Sports Event
We're almost at the end of another incredible year for the ASX share market. Many investors may be sitting on sizeable gains from various from 2024. A year ago, I that fund managers, certain ASX shares and retailers with a would do well. Two years ago, amid a sell-off in the market, I ASX tech shares could rebound. Overall, I think my expectations have played out, but that wasn't too surprising, given that those sectors started from a devalued base. Multiple parts of the markets have rallied in the last two years, and the valuations in those sectors may now be in 'overstretched' territory. It seems like difficult buying for investors who want to pay a good price. When I invest, I think about the . What happens in the next 12 or so months won't change my general optimism about the future of Australia and the world. I don't believe we should base our investment decisions on just the next 12 months. However, finding beaten-up sectors that are contrarian or undervalued ideas could be helpful for returns in the shorter-term and longer-term. So, which ASX sectors could beat the market in 2025? For fun, here are my thoughts on how the next year could play out pleasingly for some areas of the market. As some readers may already know, I've been pointing out that many ASX have been falling recently, with some trading close to their 52-week lows. High have significantly increased the cost of debt and pushed down asset prices, including commercial property prices, hurting this ASX sector. But, the is starting to see evidence that in Australia is moving in the right direction. The RBA said in its December statement: The November SMP forecasts suggest that it will be some time yet before inflation is sustainably in the target range and approaching the midpoint. Recent data on inflation and economic conditions are still consistent with these forecasts, and the Board is gaining some confidence that inflation is moving sustainably towards target. If rates are cut during 2025, ASX REITs could get a real boost with their financials, their property valuations and investor confidence. Some of the names I'm looking at include ( ), ( ) and ( ). The sector has consolidated in recent years, with a number of mergers. Despite that, several LICs are trading at discounts to their , which means investors can buy $1 of shares for less than $1. For example, ( ) is trading at a NTA discount of approximately 10%, which is close to the largest discount it has traded at over the past decade. The increase in the discount means that the has increased and may appeal to investors more during 2025, particularly if/when interest rates are cut in Australia next year. Another sector that's hitting 52-week and 15-month lows is the , with names like ( ) and ( ) suffering. It's understandable why energy stocks are down – energy prices have dropped amid a change in the dynamic over the last couple of years. However, global interest rate cuts and the new incoming Republican US administration could lead to an increase in economic demand and help push energy prices higher. The alone from ASX energy shares could beat the market return in 2025. But if energy prices do rebound, this ASX sector could be near the top of the charts for 2025, rather than the bottom.
LUSAIL, Qatar (AP) — Lando Norris ignored team orders and handed his McLaren teammate Oscar Piastri the sprint race in Qatar on Saturday, while Formula 1 champion Max Verstappen was stripped of the pole position. His penalty elevated George Russell to first on the grid. With McLaren eyeing its first F1 constructors' title in 26 years and Russell close behind for Mercedes, Norris was told by the team over the radio to “finish in this order,” ahead of Piastri. He chose to gift his teammate the win anyway, easing off to the right on the exit of the final corner and then swooping back across in front of Russell, who finished third. “The team told me not to do it, but I thought I could get away with it and we did,” Norris said. "Honestly, I don’t mind. I’m not here to win sprint races. I’m here to win races and the championship, but that’s not gone to plan." Norris was paying Piastri back for doing the same in the sprint race in Brazil when Norris was still fighting Verstappen for the drivers’ title. “I made my mind up in Brazil when it happened,” Norris said. “I needed to do something to give it back.” Piastri said he hadn't expected Norris to take the risk. “I was aware it could happen. I was a bit surprised that with George half a second (away) it did,” Piastri said. “It just shows off our teamwork and the lack of egos within the team.” It continues a season where McLaren’s race tactics have often been a talking point, such as when Norris and Piastri swapped for the lead in Hungary after a lengthy and often awkward radio exchange with the team. On Saturday, Norris started on pole position and kept the lead at the start as Piastri squeezed past Russell for second. As Russell repeatedly attacked Piastri, Norris dropped back instead of building a lead. That put Piastri within one second of Norris, allowing the Australian to use the DRS overtaking aid for extra speed. Russell said he found the McLaren teamwork “pretty infuriating” while stuck behind Piastri and also objected to what he saw as late moves from Piastri to defend the position. “Hopefully we can have a proper race (on Sunday) rather than this team orders stuff,” Russell said. The F1 champion thought he'd secured his first pole position since the Austrian GP in June, but a lengthy stewards' inquiry gave him a one-place penalty for driving “unnecessarily slowly” in an incident with Russell, who moved up to first on the grid. The Mercedes driver complained over the radio that it was “super dangerous” that he'd had to avoid Verstappen, who was ahead of him on the racing line as both drivers prepared for their final runs of qualifying. The stewards agreed Verstappen was going too slowly as he tried to cool his tires but didn't apply the usual three-place penalty because neither driver was trying to set a fast time. Verstappen hadn't been much of a factor in the sprint but he returned to form in qualifying, beating Russell by just .055 of a second on his last run. “Crazy. I mean, honestly, I didn’t expect that,” Verstappen said. “We did change a bit on the car but I never thought it would make such a swing in performance.” Norris was .252 off the pace and lines up third, with Piastri fourth, followed by Ferrari's Charles Leclerc, Mercedes' Lewis Hamilton and Ferrari's Carlos Sainz Jr. McLaren increased its lead over Ferrari in the constructors’ championship to 30 points, and has both of its drivers ahead of the Ferraris on the grid. Teams can earn a maximum 88 more points from the grand prix in Qatar and next week’s Abu Dhabi GP. Red Bull dropped to 67 points behind McLaren in the standings as Verstappen — crowned the drivers' champion for the fourth time last week in Las Vegas — finished eighth and his Red Bull teammate Sergio Perez was last after a pit stop to change his car's nose. AP auto racing: https://apnews.com/hub/auto-racingFox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020
Pair of original MLS clubs to play for Cup titlePHILADELPHIA — A.J. Brown usually doesn’t talk until Friday, but he knew that wasn’t going to fly ahead of the Eagles’ Week 15 game against the Pittsburgh Steelers. Not after injured teammate Brandon Graham said the receiver had a problem with quarterback Jalen Hurts. Not when the Eagles are 11-2 and riding a nine-game winning streak that so many fear could be derailed by an unexpected controversy.
None-- Shares Facebook Twitter Reddit Email Melania Trump said her son Barron Trump was a critical part of President-elect Donald Trump 's winning campaign. During a stop by "Fox & Friends" on Friday, the soon-to-be first lady said her 18-year-old son with Trump was “very vocal” about how his father should reach out to young people. "He brought in so many young people," she said. "He knows his generation." "Nowadays, the young generation doesn't sit in front of TV anymore," she continued. "It was incredible how he brought in success. He knew exactly who his father needed to contact and talk to." Melania's interview confirmed a report by Time that Barron acted as his father's unofficial new media consultant. The outlet's post-mortem of the election revealed that Donald Trump was approached in July by a GOP operative carrying a list of podcast appearances to consider. Related How this dark-horse hard seltzer helped reelect Donald Trump "Have you talked this over with Barron?" Trump reportedly said. "Call Barron and see what he thinks and let me know." The morning show also played a viral clip of typically silent Barron speaking, juxtaposing it with a clip of him as an eight-year-old. In the 2010 video, Barron still carries a Slovenian accent to match his mother's. "I'm very proud of him about his [knowledge of politics] and giving advice to his father," she said. Watch the full interview below: Read more about Melania Trump The play behind Melania Trump's delayed defense of her nude pictures "I felt a deep responsibility to respect tradition": Melania Trump recounts Rose Garden revamp "It was a mess": Melania Trump "questions the results" of 2020 election in new memoir MORE FROM Alex Galbraith Advertisement:
COLUMBUS, Ohio (AP) — A fight broke out at midfield after Michigan 13-10 on Saturday as players attempted to plant their flag and were met by who confronted them. Police had to use pepper spray to break up the players, who threw punches and shoves in the melee that overshadowed the rivalry game. Ohio State police said in a statement “multiple officers representing Ohio and Michigan deployed pepper spray.” Ohio State police will investigate the fight, according to the statement. After the Ohio State players confronted their bitter rivals at midfield, defensive end Jack Sawyer grabbed the top of the Wolverines’ flag and ripped it off the pole as the brawl moved toward the Michigan bench. Eventually, police officers rushed into the ugly scene. Ohio State coach Ryan Day said he understood the actions of his players. “There are some prideful guys on our team who weren’t going to sit back and let that happen,” Day said. The two Ohio State players made available after the game brushed off questions about it. Michigan running back Kalel Mullings, who rushed for 116 yards and a touchdown, didn’t like how the Buckeyes players involved themselves in the Wolverines’ postgame celebration. He called it “classless.” “For such a great game, you hate to see stuff like that after the game,” he said in an on-field interview with Fox Sports. “It’s just bad for the sport, bad for college football. But at the end of the day, you know some people got to — they got to learn how to lose, man. ... We had 60 minutes, we had four quarters, to do all that fighting.” Michigan coach Sherrone Moore said everybody needs to do better. “So much emotions on both sides,” he said. “Rivalry games get heated, especially this one. It’s the biggest one in the country, so we got to handle that better.” ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college football: and Mitch Stacy, The Associated PressCanadian telecoms monitoring networks amid massive cyberespionage campaign from China
US budget airlines are struggling. Will pursuing premium passengers solve their problems?