The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.
NoneOAK BROOK, Ill., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. HUBG today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on December 20, 2024, to stockholders of record as of December 6, 2024. Hub Group's quarterly cash dividend program, initially set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995. These forward- looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that might cause the actual performance of Hub Group to differ materially from those expressed or implied by this discussion and, therefore, should be viewed with caution. Further information on the risks that may affect Hub Group's business is included in filings it makes with the SEC from time to time, including those discussed under the "Risk Factors" section in Hub Group's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. Hub Group assumes no obligation to update any such forward-looking statements. ABOUT HUB GROUP: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers' needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers' supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company HUBG with over $4 billion in revenue, our nearly 6,000 employees and drivers across the globe are always in pursuit of "The Way Ahead" – a commitment to service, integrity and innovation. For more information, visit hubgroup.com. SOURCE: Hub Group, Inc. CONTACT: Lorna Williams, Investor Relations, lornawilliams@hubgroup.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trump vows to pursue executions after Biden commutes most of federal death row
Pope Francis kicks off a yearlong Jubilee that will test his stamina and Rome's patience VATICAN CITY (AP) — Pope Francis has opened the great Holy Door of St. Peter's Basilica. The ceremony kicks off the 2025 Holy Year. It's a celebration of the Catholic Church that is expected to draw some 32 million pilgrims to Rome. And it will test the pope’s stamina and the ability of the Eternal City to welcome them. This begins the Christmas Eve Mass. The ceremony inaugurates the once-every-25-year tradition of a Jubilee. Francis has dedicated the 2025 Jubilee to the theme of hope. Bethlehem marks a second subdued Christmas Eve during the war in Gaza BETHLEHEM, West Bank (AP) — Bethlehem is marking another somber Christmas Eve under the shadow of war in Gaza. Manger Square lacked its usual festive lights and crowds of tourists on Tuesday. Instead, the area outside the Nativity Church was quiet. The church was built atop the spot where Jesus is believed to have been born. The war, the violence in the occupied West Bank it has spurred and the lack of festivities has deeply hurt Bethlehem's economy. The town relies heavily on Christmas tourism. The economy in the West Bank was already reeling because of restrictions placed on laborers preventing them from entering Israel during the war. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about one hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by an issue with a vendor technology that maintains its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled. Haiti gangs fire on journalists covering a planned hospital reopening, leaving casualties PORT-AU-PRINCE, Haiti (AP) — Suspected gang members have opened fire on journalists in Haiti’s capital as they were covering the attempted reopening of the country’s largest hospital, wounding or killing an unknown number of people. The country's interim president, Leslie Voltaire, said in an address to the nation that journalists and police were among the victims of the vicious Christmas Eve attack. He did not specify how many casualties there were, or give a breakdown for the dead or wounded. Radio Télé Métronome said earlier on Tuesday that seven journalists and two police officers were wounded in the shooting. Street gangs have taken over an estimated 85% of Haiti’s capital, Port-au-Prince. Middle East latest: Israeli raid and airstrikes in West Bank kill at least 8 Palestinians The Palestinian Health Ministry says at least eight people were killed by Israeli military operations in the northern West Bank. The ministry said three of the dead were killed by Israeli airstrikes. The attacks took place around the city of Tulkarem and nearby refugee camps. The Israeli military said it opened fire after militants attacked soldiers, and it was aware of some uninvolved civilians who were harmed in the raid. Elsewhere in the occupied West Bank, the Palestinian city of Bethlehem was marking a somber Christmas Eve under the shadow of the war in Gaza. Most festivities were cancelled and crowds of tourists were absent. Caitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. NFL players who use platform to share their faith say it's their duty to spread their love of Jesus ALLEN PARK, Mich. (AP) — Jake Bates was standing on the turf in his hometown of Houston when asked to reflect on an unlikely journey from learning how to sell bricks to making game-winning kicks for the Detroit Lions. Bates used his platform as an NFL player to spread his love of Jesus. A month later, Bates told The Associated Press it is a duty to share his faith. The NFL is filled with players and coaches who feel the same way, such as Houston's C.J. Stroud, Atlanta's Kirk Cousins, and Lamar Jackson and John Harbaugh of the Baltimore Ravens. Major storm pounds California's central coast, blamed for man's death and partially collapsing pier SANTA CRUZ, Calif. (AP) — A major storm has pounded California’s central coast bringing flooding and high surf that was blamed for fatally trapping a man beneath debris on a beach and later partially collapsing a pier, tossing three people into the Pacific Ocean. The storm was expected to bring hurricane-force winds and waves up to 60 feet Monday as it gained strength from California to the Pacific Northwest. Some California cities have ordered beachfront homes and hotels to evacuate early Monday afternoon. Forecasters have warned that storm swells would continue to increase throughout the day. Medellin Cartel victims demand truth and justice as cartel boss Fabio Ochoa walks free in Colombia BOGOTÁ, Colombia (AP) — The return of the notorious drug trafficker Fabio Ochoa to Colombia, following his deportation from the United States, has reopened old wounds among the victims of the Medellin cartel, with some expressing their dismay at the decision of Colombian authorities to let the former mafia boss walk free.Some of the cartel victims said on Tuesday that they are hoping the former drug lord will at least cooperate with ongoing efforts by human rights groups to investigate one of the most violent periods of Colombia’s history, and demanded that Colombian prosecutors also take Ochoa in for questioning.CARACAS (AP) — Six Venezuelan government opponents who have sheltered for months at the decried Sunday that local police and intelligence agents were stationed outside of it for hours. The move prompted the U.S. government to call it a serious violation of international law and Argentina’s Foreign Ministry to describe it as an act of harassment. Most of the opponents belong to the Vente Venezuela party led by . It denounced what it called “a new siege by hooded officials” that began Saturday night and extended into Sunday. The incident occurred hours after Machado called for a massive mobilization on Dec. 1, prompting Venezuela’s minister of the interior to accuse the political leader of being part of a new conspiracy attempt against the government of President Nicolás Maduro. Vente Venezuela said in a statement that the diplomatic headquarters remains without electricity and is surrounded by “regime vehicles” that are preventing traffic from circulating in the area. It said communication signals also were scrambled. Argentina’s Foreign Ministry said in a statement late Saturday that the deployment of armed troops and the closing of streets in the vicinity “constitute a disturbance of security.”. It also called on the international community to condemn the incident, which the U.S. did. On Sunday, the U.S. Embassy in Venezuela posted on X that the U.S. “strongly condemns the acts of harassment against asylum seekers.” “The deployment of armed forces and blockades seriously violate international law,” it said. “We demand that the Venezuelan regime respect its international obligations, cease these intimidating actions and guarantee safe passage for asylum seekers.” Diplomatic relations between the two countries have been broken since 2019. The opposition members entered the embassy in March after the Venezuelan Attorney General’s Office issued arrest warrants and accused them of promoting alleged acts of violence to destabilize the government. In August, Argentina’s request to guard its embassy after the Venezuelan government ordered the expulsion of Argentine diplomatic personnel following statements by its president, Javier Milei, that he would not recognize “another fraud” in Venezuela after the y. A month later, Venezuela revoked Brazil’s authorization to guard the embassy, alleging it had evidence of the use of the facilities “for the planning of terrorist activities and assassination attempts.” Brazil and Argentina have rejected those accusations. The Associated Press
Johnson 0-1 0-0 0, Lampkin 7-13 3-3 17, Deck 5-7 2-3 13, Hardaway 3-5 2-4 9, Wooten 9-13 3-6 23, Talley 3-5 0-0 7, Brackens 0-0 0-0 0, Brannon 0-0 0-0 0, McGrew 0-2 0-0 0, Moore 0-1 0-0 0, Price 0-1 0-0 0, Totals 27-48 10-16 69 Augmon 1-2 0-0 2, McFarland 0-1 0-0 0, Blair 4-12 7-7 18, Cooke 2-8 1-2 5, Love 6-16 6-6 19, Bostock 0-4 0-0 0, Chevalier 1-2 0-0 2, Merchant 3-11 1-4 7, Totals 17-56 15-19 53 3-Point Goals_North Texas 5-13 (Deck 1-2, Hardaway 1-2, Wooten 2-5, Talley 1-1, McGrew 0-2, Price 0-1), Houston 4-20 (Blair 3-6, Cooke 0-2, Love 1-6, Bostock 0-2, Chevalier 0-1, Merchant 0-3). Assists_North Texas 17 (Hardaway 5), Houston 3 (Love 2). Fouled Out_None. Rebounds_North Texas 38 (Lampkin 10), Houston 26 (Love 8). Total Fouls_North Texas 18, Houston 18. Technical Fouls_None. A_864.A new year brings new 2025 makeup trends to obsess over, and this year's most popular looks are bolder than ever. After an era of and , makeup is back in full force and meant to be noticed. According to celebrity makeup artist , making a statement is especially important in 2025. “Glam is making a comeback,” says Luna, whose clients include Megan Fox, Jennifer Coolidge, and Mel B. “More and more I'm getting requests from clients to raise the bar when it comes to makeup. ‘Blah’ is out. Women want to be seen." global makeup artist agrees, adding that high shine and sparkle is going to be everywhere. It's also the easiest way to add extra flair to a look, which anyone can execute—no matter their skill level. “Shimmer is a huge 2025 trend, and I couldn’t be happier about it,” he says. “It was all over the runways and social media as well. Oh, and most importantly, 's makeup looks! We’re having fun with makeup again, and I can’t think of an easier way to quickly amplify your eye look. Anybody can do it. What I love about the shimmer trend is that you can apply a soft, subtle amount or really pack it on for a full glam look.” If you're more of a makeup minimalist, fear not! Good skin will always be in. According to celebrity makeup artist , hydrated and healthy skin is great to wear alone or as prep for makeup. “Hydration is key—your base needs to be hydrated to start off,” says Ortega, whose clients include Christina Aguilera, Lana Del Rey, and Becky G. “This comes from the right moisture products, products that protect your skin barrier, and of course, drinking enough water! I love the .” Ready to get glammed in 2025? Ahead, professional makeup artists share their top 2025 makeup trends for the new year. When it comes to makeup in 2025, more is more. “From a bold liner to a smokey eye, making a statement is back on the table with no negotiations,” says Luna, who created this disco-inspired eye for Jojo. “Expect a shift in makeup as a whole. Glam is here to take up some space.” Get the look using a palette with plenty of bold colors and finishes, like the or . Chinchilla says a perfectly flushed face will never go out of style, but it looks especially fresh in 2025. “Sheer to medium coverage with a glowy gorgeous finish is the name of the game next year,” he says. “It’s the ‘got ready in 5 minutes look' but still serving face.” To recreate, create a stained “wash of color” on the eyes, lips, and cheeks. “The runways are loving this look, and so are celebrities like and ,” he says. According to Luna, glowy is still very much in for 2025. Try the trend with glam to match. For the best light-reflecting products, we recommend the or . Pro tip: Don't forget to add some highlighter to the shoulders and collarbone. “Wearable modern retro eyes are huge for 2025,” says Chinchilla. “We’ve been seeing it all over the runways and on celebs like , , and —all of whom have been bringing the glam back. I think we’ve all been doing the natural no makeup look for so long that we’re ready to pull out our makeup and have some fun while expressing ourselves.” Don't be intimidated by the geometric shape—Chinchilla recommends the , which makes drawing lines a breeze. “They’re super creamy and glide on, but once they dry, they last for up to 36 hours," he says. "It’s the only pencil liner I trust for my celebrity clients, and they’re amazing in the waterline as well. They simply do not budge.”For Iowa, it's a chance to tune up going into the bulk of its Big Ten Conference schedule. For New Hampshire, it's an opportunity to collect a nice paycheck and perhaps even pull off a memorable upset. The Hawkeyes and Wildcats will finish their nonconference schedules Monday night when they meet in Iowa City. Iowa (9-3) last played on Dec. 21, erasing an 11-point second-half deficit to outgun Utah 95-88 in Sioux Falls, S.D. Payton Sandfort scored a season-high 24 points and added eight rebounds for the Hawkeyes, while Owen Freeman added 16 despite running into foul trouble. Hawkeyes coach Fran McCaffery praised fifth-year senior Drew Thelwell, Iowa's sixth-leading scorer, who matched his season high with 15 points. "The energy in the building was phenomenal. Drew was right in the middle of that," McCaffery said. "His defense and drawing six fouls, those are stats that are critical to a team's ability to win. Get to the bonus, get to the double bonus. We do that by driving the ball and drawing fouls and that's what we did." Freeman is averaging a team-high 17.1 points and shooting 66.1 percent from the field, while Sandfort adds 16.7 ppg. Iowa has its usual high-powered attack, ranking seventh in Division I in scoring at 87.8 ppg and canning 50.2 percent from the field. The Hawkeyes could add more gaudy offensive numbers against New Hampshire (2-12), which has lost six straight games, including a 90-83 decision on Dec. 22 at Stonehill. The Wildcats have experienced trouble defensively, allowing opponents to sink 45.2 percent of their field goal attempts and score 76.5 ppg. Coming off a successful 2023-24 campaign that saw the Wildcats go 16-15 and win a game in the America East Conference tournament, New Hampshire returned just three players and had to replace AEC Player of the Year Clarence Daniels and his 19.4 ppg. It hasn't gone to the plan of second-year coach Nathan Davis, but he's still hopeful his team can figure things out in conference play. "We've improved across the board as far as our talent level," he said this summer. "I like our pieces." This is the first meeting between the Wildcats and Hawkeyes. --Field Level Media
Trump vows to pursue executions after Biden commutes most of federal death row
These holiday gifts change the game when building fires, printing photos, watching birds and more