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Japan's famous sake joins UNESCO's cultural heritage list, a boost to brewers and enthusiasts
South Korean President Yoon's impeachment fails as his ruling party boycotts voteAmerican and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month. While the Dow fell slightly, the other two major US indices advanced, led by the tech-rich Nasdaq, which piled on almost two percent to close above 20,000 points for the first time. The consumer price index (CPI) rose to 2.7 percent last month from a year ago, up slightly from 2.6 percent in October. "With the CPI numbers broadly in line, it is likely that the Fed will not be derailed and will cut rates again next week," Jochen Stanzl, chief market analyst at CMC Markets. "The data is not a showstopper for the current bull run on Wall Street," he added. Ahead of the data, investors priced in an 86 percent chance the Fed will cut interest rates next week by a quarter percentage point. That rose to more than 98 percent after the CPI data was published. Stocks in Paris and Frankfurt rose ahead of the European Central Bank's own interest rate announcement on Thursday, with analysts expecting another cut as it seeks to boost eurozone growth. Investors are also eyeing political developments in France, where officials said President Emmanuel Macron aims to name a new prime minister "within 48 hours" as he seeks to end political deadlock following the ouster of Michel Barnier. In company news, shares in German retail giant Zalando shed more than four percent on Frankfurt's DAX index, after it acquired domestic rival About You in a deal worth around 1.1 billion euros ($1.2 billion). Shares in Zara owner Inditex slid more than six percent after a record quarterly profit for the group fell short of market estimates. Among US companies, Google parent Alphabet earned 5.5 percent as it announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date. That added to gains after Google also announced Tuesday details of a breakthrough quantum chip. Shares in Shanghai rose but Hong Kong gave up an early rally to end in the red. Traders were keeping tabs on China to see if it will announce further measures to support its struggling economy as leaders were to gather Wednesday for a conference to hammer out next year's agenda. President Xi Jinping and other top leaders on Monday announced their first major shift in policy for more than a decade, saying they would "implement a more active fiscal policy and an appropriately relaxed" strategy. Those remarks sparked hopes for more interest rate cuts and the freeing up of more cash for lending. New York - Dow: DOWN 0.2 percent at 44,148.56 (close) New York - S&P 500: UP 0.8 percent at 6,084.19 (close) New York - Nasdaq Composite: UP 1.8 percent at 20,034.89 (close) London - FTSE 100: UP 0.3 percent at 8,301.62 (close) Paris - CAC 40: UP 0.4 percent at 7,423.40 (close) Frankfurt - DAX: UP 0.3 percent at 20,399.16 (close) Tokyo - Nikkei 225: FLAT at 39,372.23 (close) Hong Kong - Hang Seng Index: DOWN 0.8 percent at 20,155.05 (close) Shanghai - Composite: UP 0.3 percent at 3,432.49 (close) Euro/dollar: DOWN at $1.0498 from $1.0527 on Tuesday Pound/dollar: DOWN at $1.2752 from $1.2771 Dollar/yen: UP at 152.40 yen from 151.95 yen Euro/pound: DOWN at 82.31 from 82.42 pence Brent North Sea Crude: UP 1.8 percent at $73.52 per barrel West Texas Intermediate: UP 2.4 percent at $70.29 per barrel burs-jmb/mlmNone
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LOS ANGELES — He’d been battered for weeks, lingering on the turf in pain at various points in previous wins over Nebraska and UCLA, always game enough to return a few players later after gingerly limping off. But running back Woody Marks, long USC’s Iron Man at running back, couldn’t return after another blow Saturday against Notre Dame. After a first-quarter handoff for nine yards, Marks laid on the turf for a few beats before stumbling to his feet, appearing slightly disoriented as he entered a medical tent on USC’s sideline. He eventually returned to the sideline as redshirt freshman Quinten Joyner took his place, but walked off into the Los Angeles Memorial Coliseum tunnel at the two-minute mark of the first half as the CBS broadcast reported he’d be out for the rest of the afternoon . It was a massive loss for USC’s offense, and could’ve served as the end of Marks’ time in a Trojans jersey depending on his bowl-game decision. If so, what a run it has been for the Mississippi State transfer: finishing with 1,133 yards on the ground in 12 games, putting together one of the more complete seasons by any USC running back in recent memory. They came marching one by one down the barrel of the Coliseum, adorned with wreaths of honor, USC’s Easton Mascarenas-Arnold and Jaylin Smith and Woody Marks all exchanging hugs with Lincoln Riley as an early crowd erupted in claps for its program pillars. It was a moment of levity, USC honoring beloved seniors Saturday afternoon on the final day of its regular season. It was also, however, a sobering reality. With Mascarenas-Arnold, Smith and Marks went 138 combined tackles and four interceptions and 1,421 yards from scrimmage; with left guard Emmanuel Pregnon and center Jonah Monheim went two crucial pieces of a much-improved Trojans offensive line. Walking out from the tunnel on Senior Day, certainly, doesn’t provide an end-all, be-all on players’ futures. But it gave a hint, certainly, that several names who still carried eligibility – Mascarenas-Arnold, Smith, wide receiver Kyron Hudson – could be moving on come the winter. “We’ll have a few guys, obviously, who will have some decisions to make on if they go pro or if they stay and play another year,” Riley said Tuesday, when asked how he might adjust USC’s offensive personnel in the offseason. “Not a ton, but we’ve got a couple guys that have those decisions. We’ll just see. We’re going to try to get the right talent in here.” USC will be hard-pressed to add that talent, certainly, as eyes turn ahead to a bowl-game slot and the 2025 season. If every player honored on USC’s announced Senior Day graphic moves on , either via the NFL draft or the transfer portal, USC stands to lose 17 players from its offense, defense and special teams who started Saturday against Notre Dame. Here’s the breakdown: Offense: WR Kyle Ford, TE Lake McRee, RB Woody Marks, C Jonah Monheim, LG Emmanuel Pregnon, RT Mason Murphy, WR Kyron Hudson Defense: S Akili Arnold, LB Easton Mascarenas-Arnold, LB Mason Cobb, CB Jacobe Covington, DT Nate Clifton, DT Gavin Meyer, CB Jaylin Smith, CB Greedy Vance Jr. Special teams: P Eddie Czaplicki, K Michael Lantz It’s still probable, as Riley mentioned, that a few of those names elect to stay at USC for another season. McRee, Murphy and Hudson, in particular, are redshirt juniors and would likely see their draft stock elevated by a return for a prominent senior year at USC. Still, the Trojans will have major work to do in the transfer portal and with depth development this offseason, particularly at center, replacing Monheim, and cornerback. Related Articles Not a day after the NFL’s Chicago Bears canned head coach Matt Eberflus following a 23-20 loss to the Detroit Lions , former star quarterback and No. 1 overall draft pick Caleb Williams was back at the Coliseum on for his USC jersey-retirement ceremony in a palate cleanser of a Saturday afternoon. Williams, the Heisman Trophy winner who conquered opposing defenses and NIL riches in his time at USC, took a moment to thank the Coliseum crowd upon leading the Trojans out of the tunnel Saturday. “Number 13 is back,” Williams announced over the PA, speaking in a microphone to wide cheers. “And not only – is in the rafters now, because of all of you.”
Vikings have ruled out tight end Josh Oliver. What does that mean for the running game?None