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2025-01-21
Blanket tariffs will hurt workers on both sides of the border: USWShares of Fox Factory Holding Corp. ( NASDAQ:FOXF – Get Free Report ) have earned a consensus rating of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $41.50. Several analysts have weighed in on the company. Roth Mkm dropped their price objective on Fox Factory from $45.00 to $36.00 and set a “neutral” rating for the company in a report on Friday, November 1st. B. Riley decreased their target price on Fox Factory from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Robert W. Baird decreased their target price on Fox Factory from $45.00 to $38.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Bank of America decreased their target price on Fox Factory from $53.00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday, September 12th. Finally, Truist Financial decreased their target price on Fox Factory from $54.00 to $42.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Check Out Our Latest Report on FOXF Hedge Funds Weigh In On Fox Factory Fox Factory Stock Performance Fox Factory stock opened at $32.43 on Monday. The stock has a 50-day simple moving average of $37.93 and a 200 day simple moving average of $42.57. The company has a quick ratio of 1.62, a current ratio of 3.21 and a debt-to-equity ratio of 0.62. Fox Factory has a 12-month low of $30.92 and a 12-month high of $70.13. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 124.66, a P/E/G ratio of 2.60 and a beta of 1.65. Fox Factory ( NASDAQ:FOXF – Get Free Report ) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.07). The firm had revenue of $359.10 million for the quarter, compared to the consensus estimate of $366.86 million. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.05 earnings per share. On average, research analysts anticipate that Fox Factory will post 1.31 earnings per share for the current fiscal year. Fox Factory Company Profile ( Get Free Report Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products. Featured Articles Receive News & Ratings for Fox Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fox Factory and related companies with MarketBeat.com's FREE daily email newsletter .ST. PAUL — The Winnipeg Jets don’t have another defenceman like Dylan Samberg, who has stepped up to play a big role for the NHL’s No. 1 team so far this season. Read this article for free: Already have an account? To continue reading, please subscribe: * ST. PAUL — The Winnipeg Jets don’t have another defenceman like Dylan Samberg, who has stepped up to play a big role for the NHL’s No. 1 team so far this season. Read unlimited articles for free today: Already have an account? ST. PAUL — The Winnipeg Jets don’t have another defenceman like Dylan Samberg, who has stepped up to play a big role for the NHL’s No. 1 team so far this season. His extended absence due to a broken foot is looming large on a blue line that had, until Saturday night in Nashville, enjoyed a remarkable stretch of good health and good fortune. “He does so much for us,” said teammate Dylan DeMelo. “Not just shot blocking, but having a good stick and breaking up a lot of plays.” Winnipeg Jets defenseman Dylan Samberg (54) climbs over the boards and onto the bench after being injured in Saturday’s game against the Nashville Predators. (Mark Humphrey/Associated Press files) Playing on the second-pairing with the resurgent Neal Pionk, Samberg has been an unheralded shining star for the Jets. The 25-year-old Minnesota product is averaging a career-high 20:17 of ice time per game, which is fourth overall on the team behind Josh Morrissey, DeMelo and Pionk. He and Pionk are both plus-12 this year at even strength, which is terrific when you factor in they’re often paired against the other team’s best. Although offence isn’t his top priority, Samberg has already set a new career-high with three goals to go with three assists. And while he’s not at the physicality level of Brenden Dillon, the former teammate whose role he moved up to fill this year, the 6-4, 216-pound Samberg brings some size and grit to a back-end that doesn’t have a lot of it, especially with Logan Stanley also sidelined with an injury. Samberg can clear out the front of his net, be a menace on the penalty kill and get his hands dirty if needed. Digging into the advanced stats, Samberg’s Corsi For Percentage is 53.11, which tops all Winnipeg defencemen, according to the Natural Stat Trick website. That metric deals with a team’s puck possession when the player is on the ice. Anything above 50 per cent is considered good. Anything above 55 per cent is considered elite. Samberg ranks 18th overall among NHL D who have played at least 350 minutes. It’s a similar story for the Expected Goals Metric, where Samberg’s 53.52 per cent is second only to Pionk’s 54.92 per cent. Both are inside the league’s top 20 overall. “It would be a big loss if he’s out for any length of time,” captain Adam Lowry said following the 4-1 loss to the Predators, which wasn’t helped by the fact the Jets were playing for a second straight night and forced to go with just five defencemen for the majority of the contest after Samberg went down thanks to a Steven Stamkos slapper. There’s no clear timeline for Samberg, but a broken foot means multiple weeks, not days, for the team’s second-best left-shot defenceman. So where does the club go from here to fill what coach Scott Arniel says is a “big hole” on a roster that is surrendering just 2.43 goals per game, which is third-best in the league? The Jets spent Sunday resting and recovering here in the Twin Cities and will return to the ice on Monday for a marquee matchup with the Minnesota Wild. It’s a battle of 1 vs. 2 in the overall NHL standings, and who would have predicted that at the quarter-point of the campaign? Injuries are part of the game, and every team is going to deal with some key ones at various points. The Wild, for example, may not have leading scorer Kirill Kaprizov for a second straight game as he deals with a lower-body issue. Looking at internal solutions, Ville Heinola immediately jumps out, with the planets seemingly aligned in his favour for a change. The smooth-skating, puck-moving 23-year-old has been on the wrong end of some bad timing in his young career, dating back to training camp prior to the 2023-24 season when he was set to crack the opening-night roster, only to break his ankle in the final exhibition game. Heinola spent months recovering, then never got a sniff of the NHL as the Jets were flying high and not a single regular defenceman got hurt during the 82-game campaign, which Winnipeg finished fourth-overall with 110 points. Dylan Samberg defends against Pittsburgh Penguins’ Sidney Crosby in Friday’s game in Pittsburgh. (Gene J. Puskar/Associated Press files) This past September, with Dillon and Nate Schmidt both moving on in unrestricted free agency, the door was wide open for Heinola. But an infection in his surgically-repaired ankle forced him to go under the knife once again. Now, he’s back, having resumed skating a few weeks ago and playing two games with the Manitoba Moose on a conditioning assignment. After being held off the scoresheet in Thursday’s season debut, he had the primary assist on Saturday’s game-winning goal against the Rockford IceHogs at Canada Life Centre. Heinola flew to Minnesota on Sunday to join the Jets, and the 20th-overall pick in the 2019 draft seems likely to jump right into the lineup — perhaps beside Pionk. Arniel could opt to ease Heinola in by putting him on the third pairing beside Colin Miller and moving Haydn Fleury up to skate with Pionk. Fleury, by the way, has solid underlying metrics — his Corsi For Percentage is second on the Jets behind Samberg — albeit in much less minutes and a more sheltered role. The only other internal option right now is Dylan Coghlan, a 26-year-old journeyman signed as a free agent this past summer who has been a healthy scratch for all 21 games so far this year. As a right shot, it’s unlikely he slots in ahead of Heinola or Fleury at this point. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Stanley will factor in once he’s cleared, but he hasn’t played since Nov. 9 against Dallas and has only just resumed skating on his own, not taking any contact as he deals with an undisclosed mid-body injury. The other option is via the trade route, and you have to believe bolstering the blue line was already on general manager Kevin Cheveldayoff’s wish list prior to Samberg going down. A right-shot defender is the more likely target, with the idea of upgrading over Miller (and Coghlan), especially if the team believes top prospect Elias Salomonsson needs a full year to develop on the farm with the Moose. The Jets may not have Samberg for a while, but they do have the benefit of some time and patience thanks to a sizzling 17-4-0 start. There’s no reason to push the panic button or do anything rash, even if their resiliency is about to be tested in a big way. mike.mcintyre@freepress.mb.ca X and BlueSky: @mikemcintyrewpg Mike McIntyre is a sports reporter whose primary role is covering the Winnipeg Jets. After graduating from the Creative Communications program at Red River College in 1995, he spent two years gaining experience at the before joining the in 1997, where he served on the crime and justice beat until 2016. . Every piece of reporting Mike produces is reviewed by an editing team before it is posted online or published in print — part of the ‘s tradition, since 1872, of producing reliable independent journalism. Read more about , and . Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider . Our newsroom depends on its audience of readers to power our journalism. Thank you for your support. Mike McIntyre is a sports reporter whose primary role is covering the Winnipeg Jets. After graduating from the Creative Communications program at Red River College in 1995, he spent two years gaining experience at the before joining the in 1997, where he served on the crime and justice beat until 2016. . Every piece of reporting Mike produces is reviewed by an editing team before it is posted online or published in print — part of the ‘s tradition, since 1872, of producing reliable independent journalism. Read more about , and . Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider . Our newsroom depends on its audience of readers to power our journalism. Thank you for your support. Advertisement Advertisementwolf casino california



Tom Brady said during the Packers vs. 49ers game at Lambeau Field on Sunday that the football season doesn't really start until after Thanksgiving. The man won seven Super Bowls and made the playoffs basically every year of his career, so it makes sense that he would think that. But for some teams, the year is essentially already over by Thanksgiving. That is certainly the case for the New York Giants, who were crushed by the Tampa Bay Buccaneers on Sunday afternoon. The Bucs topped the Giants, 30-7, on Sunday at Metlife Stadium. This was the first game in the post-Daniel Jones era for the Giants and it did not go well. Following the game, some of New York's veteran players essentially accused their teammates of "quitting" on the year. Al Bello/Getty Images New York's veteran players are frustrated, claiming their teammates aren't giving 100 percent. “I personally don’t think everybody is giving 100 percent," Jermaine Eluemunor said postgame. New York Giants star Dexter Lawrence said that he thinks his team played "soft." It's ugly. Dexter Lawrence saying #Giants played “soft.” Malik Nabers with a similar assessment of team being soft. Jermaine Eluemunor saying “I personally don’t think everybody is giving 100%” The 2-9 Giants lost 30-7 to the Bucs. They play again on Thanksgiving against the Cowboys. Several different New York Giants players suggested that they disagreed with the decision to cut ties with Daniel Jones, too. “First, second quarter, I don’t get the ball,” Malik Nabers said in the locker room after the tough loss. “Start getting targets at the end. I mean, can’t do nothing. Start getting the ball when it’s 30-0. What do you want me to do?” Why isn't Nabers getting the ball early in games? “Talk to Dabes about that,” Nabers said. “They come up to me and ask me what plays I want and that was that. I don’t know.” "It ain't the QB... same outcome when we had DJ at QB" 😬 Malik Nabers spoke about the Giants QB situation after losing to TB 👀 (via @charlottecrrll , The Athletic) pic.twitter.com/0yUSpyB5Rr The Giants, 2-9 on the season, are set to take on the Cowboys at AT&T Stadium on Thanksgiving Day. Dallas, of course, is coming off a thrilling win over Washington. The Week 13 NFL game is scheduled to kick off at 4:30 p.m. E.T. on Thursday afternoon. It'll air on FOX.MISSOULA, Mont. (AP) — Marcus Adams Jr.'s 25 points helped CSU Northridge defeat Utah Tech 89-79 on Sunday night at the Stew Morrill Classic. Adams added five rebounds for the Matadors (4-1). Keonte Jones added 23 points while shooting 8 of 15 from the field and 5 for 10 from the line while they also had nine rebounds and three blocks. Scotty Washington had 19 points and went 7 of 14 from the field (3 for 6 from 3-point range). The Trailblazers (1-5) were led by Hakim Byrd, who posted 23 points. Utah Tech also got 15 points from Noa Gonsalves. Samuel Ariyibi finished with 14 points and three blocks. The Matadors play Denver and Utah Tech takes on Montana when the event wraps up on Monday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Chase Artopoeus has two TD passes, TD run as Chattanooga tops Austin Peay 24-17 in season finaleCounty commissioners vote 2-1 to approve a library tax increase for 2025

CLEVELAND — Miami Dolphins quarterback Tua Tagovailoa is no longer expected to play Sunday’s game against the Cleveland Browns. Tagovailoa was downgraded to doubtful Saturday as the Dolphins (7-8) traveled to Cleveland as he deals with his hip injury. Tagovailoa was already deemed questionable for Sunday’s 4:05 p.m. kickoff on Miami’s Friday injury report, but his hip injury was not largely considered concerning after he was also on the injury report for it last week and made it through the win over the San Francisco 49ers. He downplayed the significance of the ailing hip, which he first banged up in the Dec. 15 loss to the Texans in Houston, when he spoke to reporters Wednesday. “It’s good,” Tagovailoa said then. “It’s just like anyone else on the team and anyone else around the league. You get banged up little bit towards the ending of the year so just got to take care of that.” Tagovailoa also famously had his college career at Alabama cut short due to a hip injury. He recovered from it during his draft process in 2020, the Dolphins selected him with the No. 5 pick. Without Tagovailoa, the Dolphins likely start backup quarterback Tyler “Snoop” Huntley against the Browns. Third-stringer Skylar Thompson was elevated from the practice squad to the active roster Saturday ahead of Sunday’s game. The Dolphins, on Saturday, also placed cornerback Kendall Fuller on injured reserve. He was already ruled out for Sunday’s game with his knee injury and considered week to week with just two weeks remaining in the regular season. With the roster spot, Miami signed wide receiver Erik Ezukanma from the practice squad to the active roster, as Tyreek Hill (wrist) and Jaylen Waddle (knee) are questionable for Sunday. Along with Thompson, the Dolphins elevated cornerback Nik Needham from the practice squad for depth at cornerback with Fuller out and Storm Duck likely to play in nickel packages. Tagovailoa, this season, is vying for Drew Brees’ single-season completion percentage record. With Miami set to go with Huntley and the Browns in line to start Dorian Thompson-Robinson, the NFL is fortunate to have flexed out of airing Sunday’s Dolphins-Browns game out of prime time on the penultimate week of the regular season. Barrett to Bucs Unretired NFL edge rusher Shaquil Barrett is returning to the Tampa Bay Buccaneers. After Barrett, whom the Dolphins waived from the reserve/retired list Thursday, cleared waivers Friday, he agreed to sign with the Buccaneers, according to multiple reports. Barrett signed with the Dolphins as a free agent in March, retired in July before training camp and wished to come out of retirement in late November. Miami, caught off guard by the request on a short week before playing the Green Bay Packers on Thanksgiving night, did not activate him before its deadline, nor did the team immediately release him so he could join another team. The Dolphins reversed course on that decision this past week, with coach Mike McDaniel citing the organization did not believe waiving him would create a competitive disadvantage at this point. The Bucs (8-7) are tied with the Atlanta Falcons atop the NFC South, with the Falcons holding the tiebreaker. Tampa Bay can still win the division with two weeks remaining. Barrett never played a down for the Dolphins. He had 45 sacks, made two Pro Bowls and won a Super Bowl in his previous five seasons with the Bucs. ©2024 South Florida Sun-Sentinel. Visit sun-sentinel.com . Distributed by Tribune Content Agency, LLC.Friend of Quebec man killed in Florida boat explosion says his sister also injured

A flop of a season finale. The All Blacks farewelled respected centurion Sam Cane and veteran halfback TJ Perenara – as they finish their test careers and depart to Japan – with victory in their final outing of the year but the collective performance fell decidedly flat. This was a hemisphere away from the definitive lasting impression Scott Robertson sought to deliver after selecting his strongest available side for an opponent ranked No 10 in the world. The All Blacks saved one of their worst performances of the year – rivalled only by the loss to the Pumas in Wellington – for the last. After struggling to match the Italian physicality and cope with their defensive pressure the All Blacks reverted to their dominant scrum and maul to squeeze out an underwhelming win that improved Robertson’s maiden season at the helm to 10-4 (71% win ratio). Emerging from a deflating defeat against France in Paris last week, the All Blacks bookended their gruelling five-match northern tour by evoking more questions than answers. With the end in sight maybe the All Blacks hit the wall. Maybe they should have introduced more fresh legs and fringe players. On the basis of this performance, though, the All Blacks need serious improvements – none more so than with protecting their ruck ball. Leading 17-6 after a sloppy first half the All Blacks largely fumbled and bumbled their way to the finish. Mark Tele’a’s 70th-minute try marked the first points of the second spell and while Beauden Barrett’s late strike blew out the margin, the All Blacks’ inability to assert their authority is the overarching theme of this contest. That the All Blacks had to survive two yellow cards – one to Scott Barrett for a first-half croc roll cleanout and Anton Lienert-Brown copping the second following repeat team infringements while defending their line – reflects the intense pressure they endured. Mark Tele’a dots down to score the All Blacks' third try of the match. Photo / Photosport The All Blacks’ skill execution, discipline, lineout, carry and clean in the collisions were all well short of standards. Wallace Sititi, Will Jordan and Cam Roigard impressed at times and Asafo Aumua added notable impact from the bench. Otherwise, though, there were few positives for the All Blacks. It’s difficult to gauge Gonzalo Quesada’s Italian team. After a memorable Six Nations that included wins over Scotland and Wales a draw with France, Italy were humbled 50-18 by the Pumas before battling to a 20-17 win against Georgia this month. On this occasion, though, as they welcomed the All Blacks to the home of the Juventus football club for their debut in Turin, Italy fronted with passionate intent throughout. For all their fight and heart Italy fully deserved Tommaso Menoncello’s late try that temporarily offered hope. Italy succeeded by dragging the All Blacks into a dogfight. Their physicality, defensive line speed and breakdown pressure caused the All Blacks major frustrations to turn the contest into a slow, scrappy spectacle that suited Italy’s objectives to stay in the fight. Plagued by poor ruck presentation and cleanouts that have haunted them in recent weeks, the All Blacks struggled to develop phase play continuity and build consistent pressure. While Ethan de Groot’s return led an utterly dominant scrum platform, frustrations built elsewhere with the All Blacks lineout misfiring badly on their ball to lose three throws. All Blacks captain Barrett’s yellow card for a croc roll cleanout – deemed to have threatened his opponent’s knees/lower limbs by shifting excess weight on this area – pushed his side further on the back foot. Barrett’s exit did not, however, cost the All Blacks any points. Roigard, despite dealing with bobbling ball at the base and Italian defenders manhandling him, eventually provided the brief spark with a trademark snipe to claim the opening try. Sam Cane salutes the crowd after playing his final game for New Zealand. Photo / Photosport Even then, though, the All Blacks lacked patience and variety on attack. Before Jordan finally released the shackles late in the half with the second strike the All Blacks were guilty of forcing passes and failing to finish rare line breaks. The introduction of the All Blacks bench injected much-needed impact but it wasn’t enough to deliver a definitive statement. When the time comes to reflect the All Blacks will note they were one point short of an unbeaten northern tour. Such a haul would have projected a narrative of progress and positivity. In the end, though, Robertson’s first season will be difficult to assess. Their 14th and final performance of the year leaves the lasting impression of uncertainty about where they stand. All Blacks: Cam Roigard, Will Jordan, Mark Tele’a, Beauden Barrett tries, Beauden Barrett pen, con 3 Italy: Tommaso Menoncello try, Paolo Garbisi pen 2 HT: 6-17 Liam Napier has been a sports journalist since 2010 , and his work has taken him to World Cups in rugby, netball and cricket, boxing world title fights and Commonwealth Games.1 2 3 Kolkata: Shakespeare Sarani police has summoned BJP's Cooch Behar (South) legislator Nikhil Ranjan Dey and superintendent of Kyd Street MLA Hostel Sushanta Mondal to question them on how a hostel room booked in the name of an MLA was used to run an alleged extortion racket. On Dec 26, police had arrested three persons — including main accused Junedul Haque Chowdhury — for trying to extort Rs 5 lakh from Kalna Municipality chairperson Ananda Dutta using the name of Trinamool general secretary Abhishek Banerjee. Police have seized the register book of the MLA hostel. Kolkata police commissioner Manoj Verma told reporters: "We took timely action and stopped the fraud. The main accused has been arrested. Investigations are on to ascertain in detail how the accused entered the MLA hostel." An email has been sent to Dey, asking him to appear before police within the next three days, said sources. The MLA said, "If I receive any letter, email or phone call, I will definitely cooperate for the sake of the investigation. This is a sensitive issue. I also need to know who booked the room using my name and letter. The security of other legislators is also involved here. I haven't even heard the names of the arrested individuals. I didn't recommend anyone's name. Yet, how was the booking done in my name?" While Trinamool spokesperson Kunal Ghosh refused to comment on the issue, Bengal BJP general secretary Agnimitra Paul on Saturday said that the incident was "nothing but political vendetta". (With inputs from Rohit Khanna in Kolkata) Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .

SYRACUSE, N.Y. (AP) — Eddie Lampkin Jr. and Donnie Freeman each posted a double-double and Jaquan Carlos finished an assist shy of joining them as Syracuse closed out its nonconference schedule with a 75-63 win over Bucknell on Saturday. The Orange evened their record at 6-6 with their sixth win in seven home games, taking a 12-point lead at intermission and maintaining it through the second half, handing the Bison (4-9) their seventh straight loss. Syracuse, which lost its Atlantic Coast Conference opener to Notre Dame, finished nonconference play 6-5. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

Washington: In the heat of the 2000 presidential campaign, Vice President Al Gore took a break from barnstorming battleground states to attend a fundraiser for the Democratic National Committee in East Hampton, New York. Standing behind Gore onstage was Scott Bessent, a hedge fund manager and — at the time — a major donor to Democrats who cohosted the event at his home. On Saturday AEDT, Bessent was tapped by President-elect Donald Trump to be his Treasury secretary. Having won the trust of Trump and his inner circle, Bessent would lead a Republican economic agenda of cutting taxes, culling federal regulations and enacting sweeping tariffs. As Treasury secretary, Scott Bessent would help Donald Trump as he attempts to remake the US economy. Credit: AP The selection caps an extraordinary career arc for an investor who was once a protege of liberal billionaire philanthropist George Soros and gave money to top Democrats, including Hillary Clinton, John Kerry and Barack Obama. “He was very supportive of the causes and the people that we supported,” said Will Trinkle, a Democrat who cohosted the event with Gore. He noted that Bessent, who would be the first openly gay Treasury secretary, was a strong advocate for gay rights and marriage equality. If confirmed by the Senate, Bessent would help Trump as he attempts to remake the US economy. As Treasury secretary, Bessent would work to steer tax cuts through Congress, lead trade negotiations with China and help cull federal regulations that Trump believes are stifling the economy. Bessent, 62, declined to be interviewed. But friends and former colleagues described him as driven by data and as intellectually curious, with an ability to work with people from across the ideological and political spectrum. Raised in a fishing village in South Carolina, Bessent is the son of a real estate developer who experienced several of his own financial booms and busts. He went on to Yale University, where he was class treasurer, wrote for The Yale Daily News and wanted to become a journalist. In college, Bessent reflected on the challenges of being a Southerner in New England, writing in the paper in 1981: “I was the only one in the dorm who was heartbroken when George Wallace decided not to run for president.” Bessent studied political science but ended up working in finance after getting an internship with Jim Rogers, an investor and business partner of Soros’. In the 1990s, he worked as a partner at Soros Fund Management, gaining notoriety by betting against the British pound and earning the firm $US1 billion. After leaving to start his own fund, Bessent returned in 2011 to become Soros’ chief investment officer. By then, Bessent had become a major donor to Republican candidates. According to a summary of his donations provided by his office, Bessent has given about $US15 million ($23 million) to political causes over the years and all but $US300,000 has gone to Republicans. He gave $US1 million to Trump’s inauguration in 2016. Scott Bessent has described tariffs as a useful tool for achieving foreign policy objectives. Credit: Bloomberg Bessent was not part of Trump’s political orbit during his first campaign or term as president, but has known the Trump family for decades and was close friends with the president-elect’s late brother, Robert. This past spring, when many business leaders were hesitant to back Trump publicly as his legal troubles mounted, Bessent took a different view. He saw Trump as a “stock that goes up on bad news”, as he explained it to political analyst Mark Halperin last month, because every apparent setback appeared to strengthen his candidacy. Concerned about the exploding national debt and the need to change the international trading system, Bessent set up a meeting with Trump and started exchanging economic policy ideas. In recent months, Bessent has pitched a “3-3-3” plan that would aim for 3 per cent economic growth, reduce the budget deficit to 3 per cent of gross domestic product and increase domestic oil production by 3 million barrels per day. He also came up with an idea that would allow the president to essentially sideline the chair of the Federal Reserve, although he has backed down from that proposal in the face of opposition. In some policy areas, Bessent has demonstrated an inclination to temper Trump’s economic impulses. He suggested that Trump’s idea of assigning a 15 per cent tax rate to companies that produce their products in the US could run afoul of international trade laws. And he has described Trump’s plan for blanket tariffs as a “maximalist” negotiating strategy, suggesting that tariffs should be phased in to give markets time to adjust. Bessent was chosen after an internal tussle among Trump’s aides over the job. Howard Lutnick, Trump’s transition team co-chair and CEO of Cantor Fitzgerald, made a late pitch to secure the Treasury secretary role for himself. As Trump was deciding, sceptics of Bessent raised concerns about his ties to Soros and suggested he was not a true believer in tariffs. However, he won the public support of key advisers to Trump such as Larry Kudlow and Steve Bannon, who viewed him as the best choice. For Bessent, the challenge now will be remaining in Trump’s good graces as the president-elect once again looks to upend the international trading system and rewrite the tax code. Trump’s first Treasury secretary, Steven Mnuchin, often tried to dissuade Trump from imposing new tariffs and would attempt to calm markets as trade tensions flared. Still, he managed to maintain Trump’s trust. Stanley Druckenmiller, a hedge fund investor who worked with Bessent at Soros Fund Management, said that although Bessent is soft-spoken, he can also be “tough and persuasive” and that he has the right temperament to work for a demanding boss such as Trump. “If anybody can handle it, it’s Scott,” Druckenmiller said. This article originally appeared in The New York Times .

Sudan Army says recaptures key state capital

Mumbai: Parents And Director Booked For Fraudulent ₹4.5 Crore Fundraiser For Child's Treatment

Union Minister of Rural Development and Agriculture & Farmers’ Welfare, Shri Shivraj Singh Chouhan will launch the third edition of Nayi Chetna – Pahal Badlaav Ki, a national campaign against gender-based violence on 25th November 2024 in Rang Bhawan Auditorium, All India Radio, Sansad Marg, New Delhi. Union Minister of Women and Child Development Smt. Annpurna Devi will also grace the event in a collective effort of the government to eliminate gender-based violence. The month-long campaign, organized by the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) under the aegis of the Ministry of Rural Development, will run across all Indian States and Union Territories until 23rd December 2024. This initiative, led by DAY-NRLM’s extensive Self-Help Group (SHG) network, embodies the spirit of Jan Andolan. The campaign is a collaborative effort in the spirit of “whole of government” approach and will witness participation of 9 Ministries/Departments namely Ministry of Women and Child Development, Ministry of Health and Family Welfare, Department of School Education and Literacy, Ministry of Home Affairs, Ministry of Panchayati Raj, Ministry of Social Justice and Empowerment, Ministry of Youth Affairs and Sports, Ministry of Information and Broadcasting and Department of Justice. The Nayi Chetna campaign aims to amplify awareness and drive informed action against gender-based violence through grassroots initiatives. Since its inception, Nayi Chetna has mobilized millions nationwide, fostering a significant movement for gender equality and women’s empowerment. The first edition reached 3.5 crore people, supported by multiple line ministries, while Nayi Chetna 2.0 engaged 5.5 crore participants across 31 States and Union Territories, with over 9 lakh awareness activities on gender-based violence conducted nationwide. The objectives of Nayi Chetna 3.0 include raising awareness of all forms of gender-based violence, encouraging communities to speak out and demand action, providing access to support systems for timely assistance and empowering local institutions to act decisively against violence. The campaign’s slogan, “Ek Saath, Ek Awaaz, Hinsa Ke Khilaaf,” embodies the call for collective action through convergence efforts, adopting a whole-of-society and whole-of-government approach.Tulane QB Mensah transfers to Duke; Mississippi State’s Van Buren, Cal’s Mendoza enter portal

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Grant of Restricted Stock Units and Warrants to Employees in GenmabTaylor added 10 rebounds for the Falcons (2-4). Wesley Celichowski scored 14 points, going 6 of 11 and 2 of 3 from the free-throw line. Luke Kearney had 12 points and shot 4 for 5 from beyond the arc. The Lakers (4-3) were led by Aidan Reichert, who posted 11 points. Jeff Planutis added 10 points for Mercyhurst. Mykolas Ivanauskas also had seven points, six rebounds and three blocks. Air Force took the lead with 15:21 left in the first half and never looked back. The score was 31-24 at halftime, with Taylor racking up nine points. Air Force extended its lead to 45-26 during the second half, fueled by a 14-0 scoring run. Taylor scored a team-high 12 points in the second half as Air Force closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

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