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Opposition fighters are at Damascus' gates. Who are they and what now?NoneNone
(The Center Square) – Of the many costly security missteps uncovered at the rally site in Butler, Pa. where a would-be assassin nearly killed Donald Trump, one deterrent may have been relatively affordable. Rep. Pat Fallon said the U.S. Secret Service could have fashioned a rudimentary fence made of caution tape, signs, posts and stakes around the AGR building on July 13 for roughly $410. The agency’s decision to unman the outside of the building and exclude it from an overall security perimeter around the Butler Farm Show Grounds that day has drawn much criticism from lawmakers on the task force assembled to investigate both attempts on Trump’s life, the second occurring at a Mar-a-Lago golf course in September. During a heated seven-minute exchange with Acting Secret Service Director Ronald Rowe Jr., the Republican congressman from Texas said the agency’s $2 billion funding increase seemed far in excess of what it would have cost to have functioning drones, more coordinated radio communications, agents on a nearby water tower and security deterrents available in Butler. “What sticks in our craw is when we report to our constituents, we have to say, ‘Hey, this federal agency failed epically, and then they wanted to almost double their budget,’” Fallon said. The conversation devolved into a shouting match after Fallon then accused Rowe of showing up at a 9/11 memorial ceremony in New York City for political purposes only. Rep. Pat Fallon, of Texas, questions Secret Service Acting Director Ronald Rowe Jr. during Congressional task force hearing on the attempted assassination of President-elect Donald Trump in Butler, Pa.US says terror designation doesn't bar talks with Syrian rebel group
TE Connectivity PLC stock underperforms Monday when compared to competitorsCopy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The dynamics of equity markets are changing. The focus is shifting from the dominance of a few major tech companies to much broader market participation. Market performance and earnings growth have been concentrated among a small cohort of companies, dubbed the magnificent seven (Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla) or Mag 7. Their returns have been heavily influenced by artificial intelligence (AI)‐linked growth, while innovations in health care, and specifically GLP‐1s, have also seen select companies benefit. These powerful investment trends remain, but peaking earnings growth for some of these companies point to change and lessen their appeal for investors. Although still in its infancy, the broadening of equity returns beyond the magnificent seven looks set to continue into 2025. Scott Berg, portfolio manager, global equities for T. Rowe Price. To be clear, however, these are high‐quality companies that have delivered strong profitability and free cash flow, and although the infrastructure and investment cycle for AI may be peaking, we believe we are only scratching the surface in terms of the potential benefits and use cases for AI. The market may question the return on investment on AI in the near term, but we expect continued innovation and productivity to come through as companies develop their AI capabilities. This is a megatrend that is real and is not going away. Don’t overlook emerging markets Emerging markets - which were prominent in many portfolios throughout the 1990s and during the BRICS era - have been deeply out of favour since the global financial crisis. However, they are starting to show early signs of recovery. Emerging market equities have undergone a massive derating since 2008. They trade at around a 35 per cent discount to their developed market (DM) peers[1], according to the financial data and analytics provider FactSet, and their weight in global indices has plummeted. Since the pandemic, things have gone from bad to worse. Emerging market shares have been hit by a strong dollar as US interest rates rose and stayed higher for longer; they have suffered from the dire performance of the Chinese economy and stock market since 2021, and in the last few years have been weighed down by general risk‐off sentiment among investors and a rise in geopolitical tensions. Now, investors have the added uncertainty of anticipated tariffs from the new US administration. Sponsored by T. Rowe Price This content has been funded by an advertiser and written by the Nine commercial editorial team. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. Latest In Financial services Fetching latest articles Most Viewed In Companies
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Syrian rebels advance on Damascus, Assad's rule at stake