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Many all-stars of fall hailed from Forecaster Country
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NoneNEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq composite pulled back 0.6% from its own record. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia’s drop overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world’s second-largest economy. Roughly three in seven of the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at close to the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. “Investors should enjoy this rally while it lasts—there’s little on the horizon to disrupt the momentum through year-end,” according to Mark Hackett, chief of investment research at Nationwide, though he warns stocks could stumble soon because of how overheated they’ve gotten. On Wall Street, Interpublic Group rose 3.6% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 10.2%. Macy’s climbed 1.8% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 0.5% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . All told, the S&P 500 fell 37.42 points to 6,052.85. The Dow dipped 240.59 to 4,401.93, and the Nasdaq composite lost 123.08 to 19,736.69. In the oil market, a barrel of benchmark U.S. crude rallied 1.7% to settle at $68.37 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, added 1.4% to $72.14 per barrel. The price of gold also rose 1% to $2,685.80 per ounce amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, including a 12.4% jump for electric-vehicle company Nio and a 7.4% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol ’s brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Inter Milan Goals All Onside In 5-Star Thrashing Of Hellas Verona – Poland Star Lucky To Avoid Second Yellow
A fan who racially abused player in a social media post was banned from attending all games for three years on Tuesday. Charles Ogunmilade, who is Black, admitted to sending a "grossly offensive" message on X, which he claimed was satire of what a racist white person would say. He posted the offensive comment in April 2023 after Partey, a international who is Black, missed a shot during Arsenal's 3-3 draw with . The court in London was informed the post on X was reported to the police, who visited Ogunmilade's home. He said the comment was intended to be a sarcastic quote among a group of friends. "I am not a racist person," Ogunmilade said in court. While issuing his sentence, magistrate Shaoni Myer said Ogunmilade's early guilty plea, prior good character and experience of racism were taken into account. The soccer banning order also requires him to surrender his passport to police whenever the men's national team plays an away game abroad. He was ordered to pay a fine and costs totaling £260 ($325).The Book Club: “Hum” and more short reviews from readers
AKRON, Ohio (AP) — Nate Johnson scored 25 points to help Akron defeat Alabama State 97-78 on Sunday. Read this article for free: Already have an account? To continue reading, please subscribe: * AKRON, Ohio (AP) — Nate Johnson scored 25 points to help Akron defeat Alabama State 97-78 on Sunday. Read unlimited articles for free today: Already have an account? AKRON, Ohio (AP) — Nate Johnson scored 25 points to help Akron defeat Alabama State 97-78 on Sunday. Johnson added five rebounds for the Zips (4-2). Bowen Hardman scored 19 points, shooting 6 for 7 from beyond the arc. Isaiah Gray went 4 of 7 from the field to finish with 11 points. The Hornets (3-3) were led by CJ Hines with 19 points. Tyler Mack added 18 points and Antonio Madlock scored 17. Akron took the lead with 6:46 left in the first half and did not relinquish it. Johnson led their team in scoring with 13 points in the first half to help put them up 50-41 at the break. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. Advertisement
SADO, Japan (AP) — Japan held a memorial ceremony on Sunday near the Sado Island Gold Mines , listed this summer as a UNESCO World Heritage site after the country moved past years of historical disputes with South Korea and reluctantly acknowledged the mines' dark history. However, it has not offered an apology. At these mines, hundreds of Koreans were forced to labor under abusive and brutal conditions during World War II, historians say. Japanese officials at Sunday’s ceremony time paid tribute for the first to “all workers” including Korean laborers who died at the mines, without acknowledging they were forced laborers — part of what critics call a persistent policy of whitewashing Japan's history of sexual and labor exploitation before and during the war. The ceremony, supposed to further mend wounds, renewed tensions between the two sides. South Korea boycotted Sunday's memorial service citing unspecified disagreements with Tokyo over the event. “As a resident, I must say (their absence) is very disappointing after all the preparations we made,” said Sado Mayor Ryugo Watanabe. “I wish we could have held the memorial with South Korean attendees.” The Associated Press explains the Sado mines, their history and the controversy. The 16th-century mines on the island of Sado, about the size of the Pacific island of Guam, off the western coast of Niigata prefecture, operated for nearly 400 years, beginning in 1601, and were once the world’s largest gold producer. They closed in 1989. During the Edo period, from 1603 to 1868, the mines supplied gold currency to the ruling Tokugawa Shogunate. Today, the site has been developed into a tourist facility and hiking site where visitors can learn about the changes in mining technology and production methods while looking at the remains of mine shafts and ore dressing facilities. Critics say the Japanese government only highlights the glory of the mines and covers up its use of Korean victims of forced labor and their ordeals. The mines were registered as a cultural heritage site in July after Japan agreed to include an exhibit on the conditions of Korean forced laborers and to hold a memorial service annually after repeated protests from the South Korean government. A few signs have since been erected, indicating former sites of South Korean laborers’ dormitories. A city-operated museum in the area also added a section about Korean laborers, but a private museum attached to the main UNESCO site doesn't mention them at all. At the UNESCO World Heritage Committee July meeting, the Japanese delegate said Tokyo had installed new exhibition material to explain the “severe conditions of (the Korean laborers’) work and to remember their hardship.” Japan also acknowledged that Koreans were made to do more dangerous tasks in the mine shaft, which caused some to die. Those who survived also developed lung diseases and other health problems. Many of them were given meager food rations and nearly no days off and were caught by police if they escaped, historians say. But the Japanese government has refused to admit they were “forced labor.” South Korea had earlier opposed the listing of the site for UNESCO World Heritage on the grounds that the Korean forced laborers used at the mines were missing from the exhibition. South Korea eventually supported the listing after consultations with Japan and Tokyo’s pledge to improve the historical background of the exhibit and to hold a memorial that also includes Koreans. Historians say Japan used hundreds of thousands of Korean laborers, including those forcibly brought from the Korean Peninsula, at Japanese mines and factories to make up for labor shortages because most working-age Japanese men had been sent to battlefronts across Asia and the Pacific. About 1,500 Koreans were forced to work at the Sado mines, according to Yasuto Takeuchi, an expert on Japan’s wartime history, citing wartime Japanese documents. The South Korean government has said it expects Japan to keep its pledge to be truthful to history and to show both sides of the Sado mines. “The controversy surrounding the Sado mines exhibit underscores a deeper problem” of Japan’s failure to face up to its wartime responsibility and its growing “denialism” of its wartime atrocities, Takeuchi said. All workers who died at the Sado mines were honored. That includes hundreds of Korean laborers who worked there during Japan’s 1910-1945 colonization of the Korean Peninsula. At Sunday’s ceremony, four Japanese representatives, including central and local government officials and the head of the organizing group, thanked all mine workers for their sacrifice and mourned for those who died. None offered any apology to Korean forced laborers for the harsh treatment at the mines. Attendants observed a moment of silence for the victims who died at the mines due to accidents and other causes. The ceremony dredged up long-standing frustrations in South Korea. About 100 people, including officials from Japan’s local and central government, as well as South Korean Foreign Ministry officials and the relatives of Korean wartime laborers, were supposed to attend. Because of South Korea's last-minute boycott, more than 20 seats remained vacant. The Foreign Ministry said in a statement Saturday it was impossible to settle the disagreements between both governments before the planned event on Sunday, without specifying what those disagreements were. There has been speculation that the South Korean boycott might have been due to the presence of parliamentary vice minister Akiko Ikuina at Sunday's ceremony. In August 2022, Ikuina reportedly visited Tokyo’s controversial Yasukuni Shrine , weeks after she was elected as a lawmaker. Japan’s neighbors view Yasukuni, which commemorates 2.5 million war dead including war criminals, as a symbol of Japan’s past militarism. Her visit could have been seen as a sign of a lack of remorse. Some South Koreans criticized the Seoul government for throwing its support behind an event without securing a clear Japanese commitment to highlight the plight of Korean laborers. There were also complaints over South Korea agreeing to pay for the travel expenses of Korean victims’ family members who were invited to attend the ceremony. Critics say Japan’s government has long been reluctant to discuss wartime atrocities. That includes what historians describe as the sexual abuse and enslavement of women across Asia, many of them Koreans who were deceived into providing sex to Japanese soldiers at frontline brothels and euphemistically called “comfort women,” and the Koreans who were mobilized and forced to work in Japan, especially in the final years of World War II. Korean compensation demands for Japanese atrocities during its brutal colonial rule have strained relations between the two Asian neighbors, most recently after a 2018 South Korean Supreme Court ruling ordered Japanese companies to pay damages over their wartime forced labor. Japan’s government has maintained that all wartime compensation issues between the two countries were resolved under the 1965 normalization treaty. Ties between Tokyo and Seoul have improved recently after Washington said their disputes over historical issues hampered crucial security cooperation as China’s threat grows in the region. South Korea’s conservative President Yoon Suk Yeol announced in March 2023 that his country would use a local corporate fund to compensate forced labor victims without demanding Japanese contributions. Japan’s then-Prime Minister Fumio Kishida later expressed sympathy for their suffering during a Seoul visit. Security, business and other ties between the sides have since rapidly resumed. Japan’s whitewashing of wartime atrocities has risen since the 2010s, particularly under the past government of revisionist leader Shinzo Abe . For instance, Japan says the terms “sex slavery” and “forced labor” are inaccurate and insists on the use of highly euphemistic terms such as “comfort women” and “civilian workers” instead. Takeuchi, the historian, said listing Japan’s modern industrial historical sites as a UNESCO World Heritage is a government push to increase tourism. The government, he said, wants “to commercialize sites like the Sado mines by beautifying and justifying their history for Japan’s convenience.” Associated Press writer Kim Tong-hyung in Seoul, South Korea contributed to this report.
The Washington Commanders put kicker Austin Seibert on injured reserve Tuesday, just over 48 hours since he missed an extra point that would have tied the score with 21 seconds left against Dallas. Seibert also missed a field-goal attempt and another extra point in the loss to the Cowboys. He missed the previous two games with a right hip injury but said afterward he was fine and made the decision to play. The Commanders filled that roster spot by signing running back Chris Rodriguez Jr. off their practice squad. Austin Ekeler had a concussion and Brian Robinson Jr. sprained an ankle Sunday. AP NFL: https://apnews.com/hub/nflPresident-elect Donald Trump’s vow to implement additional tariffs on China, Canada and Mexico on day one of his presidency signals the start of a wild ride in currency markets, strategists say, warning it would be risky for investors to underestimate the impact on foreign exchange rates. Trump said Monday he would sign an executive order on January 20 imposing a 25 per cent tariff on all goods coming from Canada and Mexico, a move that could violate the terms of a regional free trade agreement. The former president, who has previously called tariff “the most beautiful word in the dictionary”, also said he plans to raise tariffs by an additional 10 per cent on all Chinese products coming into the US. The announcements prompted a knee-jerk reaction in currency markets, with the US dollar rising more than 2 per cent against the Mexican peso and notching a four-year high against the Canadian dollar. “I think the first reaction here is that investors should get ready for a wild ride in FX volatility,” said Kamakshya Trivedi, head of global foreign exchange, interest rates and emerging markets strategy research at Goldman Sachs. The US dollar index, which measures the greenback against six major currencies, was 0.25 per cent higher at 106.89 on Tuesday. The index closed 0.6 per cent lower in the previous session as investors welcomed hedge fund manager Scott Bessent as Trump’s pick for U.S. Treasury chief. Sean Smith Jackson Hewett The euro and pound sterling were both trading little changed against the dollar, paring earlier gains. “This is going to be something that we are all going to have to get used to. It is going to be volatile moves in FX markets because, you know, currencies are to some extent the primary means of responding to any sort of tariff announcement,” Trivedi told CNBC’s Street Signs Europe on Tuesday. Goldman’s Trivedi said investors should be prepared for wild swings in currency markets over the coming months — but also over the long term, since tariffs are highly likely to be a prominent feature of Trump’s return to the White House. There are a few unknowns for investors, Trivedi said, citing the extent to which Trump’s tariffs could be used simply as a negotiating tool, whether they are reflective of a “maximalist” position or whether the impact of tariffs have already been priced in by financial markets. “But I do think at the end of the day, we are going to see an increase in tariffs on a number of economies, primarily China, and I think that is going to elicit a stronger dollar response on a broad basis,” Trivedi said. The former president’s tariff announcements via social media platform Truth Social were far lower than some of his campaign pledges, but strategists remain wary about the potential for further announcements and the prospect for retaliatory measures. Trump has previously suggested he could implement a blanket 20 per cent tariff on all goods imported into the US, with a tariff of up to 60 per cent for Chinese products and one as high as 2000 per cent on vehicles built in Mexico. “The market seems to expect this trade war to be effectively just a long negotiation process, where the US gets something and China, Europe, Mexico probably have to give something,” Luca Paolini, chief strategist at Pictet Asset Management, told CNBC’s Squawk Box Europe on Tuesday. Daniel Newell Sam Meredith “The point that we are making here, is that there is a possibility that Trump will implement significant tariffs [and] there will be a lot of pressure in China and Europe, and we know how this will end,” he added. Strategists at Dutch bank ING said Tuesday that while Trump’s tariff threats could be seen as a negotiating tactic before he takes office in January, it would be risky for investors to underestimate the impact on currency markets. “Whilst most in the market assume that Trump will be using tariffs as a large bargaining stick — in this case to tighten US border controls — we would be careful of dismissing their market impact as some grandstanding,” ING’s Chris Turner said in a research note. “If 25 per cent tariffs came close to seeing the light of day in Mexico, USD/MXN would be a 24/25 story, not just 21. We already think the currencies of Mexico and Canada will have a tougher Trump 2.0 than they did during his first term,” he added. Similarly, strategists at Citi expect the incoming Trump administration to use tariffs as a bargaining tool. “We are still reasonably cautious. I mean, obviously realising that one headline can make the [Mexican] peso move by 1.5 per cent to 2 per cent like it did overnight,” Luis Costa, global head of emerging markets strategy at Citi, told CNBC’s Squawk Box Europe on Tuesday. “To us, it is absolutely obvious that the Trump administration will use tariffs as one important lever to negotiate with [Mexican President Claudia] Sheinbaum’s government. It is probably something that is more about negotiation rather than about imposing tariffs,” he added. CNBC
Iowa QB Cade McNamara slams 'ridiculous' rumors
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Augusta company chosen over local dealership for new LF cruiser
Sports Buildings Market Size, Latest Trends, Growth Status, Top Major Players And Forecast To 2033 11-25-2024 12:47 AM CET | Advertising, Media Consulting, Marketing Research Press release from: The Business Research Company Sports Buildings Market The Business Research Company recently released a comprehensive report on the Global Sports Buildings Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The sports buildings market size has grown strongly in recent years. It will grow from $164.31 billion in 2023 to $173.54 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to sporting events and leagues, urbanization and recreation trends, government investment in sports, community engagement, corporate sponsorship and funding.. The sports buildings market size is expected to see strong growth in the next few years. It will grow to $216.43 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to global sporting events, emphasis on health and wellness, smart and sustainable infrastructure, public and private sector investments, popularity of professional sports. Major trends in the forecast period include modular and prefabricated construction, technology-enhanced training facilities, augmented and virtual reality experiences, community engagement and social spaces, global sporting events influence.. Get The Complete Scope Of The Report @ https://www.thebusinessresearchcompany.com/report/sports-buildings-global-market-report Market Drivers and Trends: The rising interest of people in sports worldwide is expected to propel the growth of the sports buildings market going forward. The rising disposable incomes, increased health consciousness and the growing popularity of organized sports events, have raised the interest of people in sports. Sports facilities, such as stadiums, arenas, and gymnasiums, are in more demand due to people's increased interest in participating in physical activity. For instance, in March 2023, according to National Collegiate Athletic Association, a US-based non-profit organization that regulates student athletics, the number of student-athletes competing in NCAA women's championship sports increased by 5% from 10,726 student-athletes in 2020-2021 to 226,212 student-athletes in 2021-22. Therefore, the rising interest of people in sports globally is driving the growth of the sports buildings market. Technological innovations in the sports building market have emerged as a key trend. Major companies operating in the sports building market are focused on incorporating new technologies, such as artificial intelligence, to improve safety and strengthen their position in the market. For instance, in March 2023, Acrisure Stadium, a US-based stadium, partnered with Evolv Technology, a US-based AI weapons detection security screening provider, to install Evolv Express solutions. Evolv Express solution is an AI solution that distinguishes between commonplace items and threats at its gates to detect weapons from attendees without checking their belongings. Key Benefits for Stakeholders: • Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry. • Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning. • Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition. • Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights. • Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=9699&type=smp Major Key Players of the Market: AECOM Technology Corporation; M. A. Mortenson Company; Clark Construction Group; Turner Construction; Gilbane Building Company; Whiting-Turner Contracting Co.; Brasfield & Gorrie LLC; Barton Malow Holdings LLC; STO Building Group; Shawmut Design and Construction; PCL Construction Enterprises Inc.; McCownGordon Construction LLC; JE Dunn Construction Group; Nabholz Construction Crop.; Hellas Construction Inc.; Populous Holdings Inc.; Hellmuth Obata + Kassabaum Inc.; NBBJ; Gensler; ROSSETTI Architects; Eckersley O'Callaghan Limited; HKS Inc.; SmithGroup; DLR Group; CannonDesign Inc.; EwingCole Inc.; Morphosis Architects; TVS Design Inc.; Mancini Duffy; HNTB Corporation Sports Buildings Market 2024 Key Insights: • The sports buildings market will grow to $216.43 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. • Rising Sports Enthusiasm Fuels Growth In The Sports Buildings Market • Technological Advancements Driving Innovation In Sports Buildings Market • North America was the largest region in the sports buildings market in 2023 We Offer Customized Report, Click @ https://www.thebusinessresearchcompany.com/Customise?id=9699&type=smp Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model Learn More About The Business Research Company The Business Research Company ( www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide. This release was published on openPR.Meet the typical billionaire. He’s not exactly surprising.