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Louisville will aim to end a three-game losing streak when it hosts UTEP on Wednesday, but beating the Miners may not be an easy feat. UTEP (6-2) comes to the Derby City winners of three straight, most recently beating Seattle 88-72 on Saturday. The Miners shot 56.1 percent (32 of 57) and used a 24-2 first-half run to essentially put the game away. Coach Joe Golding said that first-half performance may have been UTEP's best in his four years leading the school. "I thought offensively and defensively the first 20 minutes we were really locked in and ready to go. (The game) never got close," he said. "We kept it at 20-plus points for the majority of the game. Our ball movement was terrific." Ahamad Bynum led the Miners with 19 points on 7-of-9 shooting off the bench, while Otis Frazier III added 18 points and five assists. Frazier (13.6 points per game) and Bynum (12.1 ppg) are among four UTEP players averaging in double figures. Bynum leads the country shooting 63.3 percent from beyond the 3-point arc, though he has attempted just 30 threes, making 19. Louisville (5-4) also started hot in its last game but could not sustain its momentum in a 76-65 home loss to then-No. 9 Duke on Sunday. Coach Pat Kelsey's team, which had just seven players healthy, made 10 of its first 14 shots to build a 30-16 lead before the Cardinals' lack of depth caught up to them. Louisville shot just 9-of-37 (24.3 percent) after its hot start and was outscored 43-28 after halftime. Terrence Edwards Jr. paced the Cardinals with 21 points in his first game as a reserve this season. Edwards (11.9 ppg) is one of four Louisville scorers averaging double figures, led by Chucky Hepburn leads the team in scoring (14.3 ppg) and is second in the country with 3.2 steals per game. The Cardinals entered the season with expectations of rotating 10 or more players to utilize Kelsey's up-tempo attack. However, swingman Kasean Pryor (knee) and guard Koren Johnson (shoulder) will both miss the rest of the season, while forward Aboubacar Traore (arm) is out indefinitely. After Sunday's loss, Kelsey did not rule out adding players to the roster during the season. "Everything's on the table," he said. "I don't sleep, figuring out what buttons to push to get this team to be the best that they can be. We'll scour every inch of the Earth to figure out how we can improve our team. And whether that happens or not, I have no idea, but I'm willing to try anything." --Field Level MediaQUIZ: IA Interrogates!
From left, Uprise Investment Management CEO Moon Yil-ho, Uprise CEO Lee Choong-yeub and Doomoolmori Investment Advisory CEO Lee Seung-kyu speak to The Korea Times at Uprise's headquarters in Seoul, Friday. Courtesy of Uprise By Lee Yeon-woo It wasn’t Lee Choong-yeub’s first startup. Having successfully exited two previous ventures aimed at leveraging information technology to modernize underdeveloped sectors of traditional industries, he set his sights on a new challenge. In 2018, Lee observed inefficiencies in the investment sector and founded Uprise, launching a robo-advisor platform called dndn to bridge service gaps. Moon Yil-ho, a veteran fund manager at Samsung Asset Management for a decade, shared a similar vision. A former classmate of Lee’s, Moon had grown disillusioned with the repetitive cycle of creating and selling exchange-traded funds despite the market’s growth. He believed there was untapped value in integrating investment elements and delivering them effectively to customers. This conviction led him to join Uprise three and a half years ago. Meanwhile, across Seoul, a team came together in 2015, inspired by the financial innovation of U.S.-based robo-advisors. They called themselves Doomoolmori and launched their own robo-advisor service, Boolio. Among the founding members was Lee Seung-kyu, then a graduate student in statistics. Confident in his ability to analyze data and approach investments from a statistical perspective, he took charge of developing and implementing their solutions. In late November, these three individuals, each from different backgrounds, made an unexpected announcement — the merger of their respective robo-advisor platforms. The merged service will hold managing assets worth 530 billion won ($370 million), becoming the largest of its kind in the industry. As part of the merger, Uprise’s Lee Choong-yeub will serve as CEO of the newly established entity named Horizon Wealth. It will subsequently acquire two investment advisory subsidiaries, each led by Moon and Doomoolmori's Lee Seung-kyu. From left, Doomoolmori Investment Advisory CEO Lee Seung-kyu, Uprise CEO Lee Choong-yeub and Uprise Investment Management CEO Moon Yil-ho attend a press meeting announcing their merger at a cafe in Seoul, Nov. 26. Courtesy of Uprise The strategic decision was driven by recent regulatory changes. Financial authorities had introduced a sandbox program permitting individual retirement pension investments through robo-advisors. The accumulated funds in the pension currently total around 400 trillion won and are steadily growing. But at the same time, most subscribers are facing old-age poverty, with only 10 percent of subscribers actively managing their investments. The potential for growth was clear. Read More Individual retirement pension balance of major banks rises by $7.9 bil. due to aging society Financial authorities, labor ministry vow to expand retirement pension market "Robo-advisors are an industry at the intersection of finance and IT services," Moon told The Korea Times. "At dndn, we’ve excelled in delivering solutions to customers. When I analyzed the market, I saw that Doomoolmori, while once a competitor, excelled in developing cutting-edge solutions. I thought merging our strengths would create significant synergy." Lee Seung-kyu agreed. "Many clients approach us with details of their disposable income, earnings and long-term financial goals, asking for guidance on growing their retirement funds steadily over time. To meet these needs, we’ve developed algorithms that provide personalized advice." He added that the merger process was surprisingly smooth, saying, "There was hardly any disagreement. Both companies shared a similar vision for business synergy and an aligned outlook on the industry’s future." Lee Choong-yeub viewed the sandbox as a pivotal moment in the robo-advisor market. In the U.S., robo-advisors manage over half of defined contribution retirement plans. Other countries that produce successful robo-advisor companies, like Singapore and Japan, have also opened their pension market to the industry, he added. "In the U.S., many retirees discover they’ve grown wealthy because their retirement funds have been actively invested in U.S. stocks. In Korea, however, most people don’t actively manage their retirement funds. Instead, the majority remains in savings accounts earning just 1 to 2 percent annually, leading to significant opportunity costs," Lee Seung-kyu said. "Korea faces many challenges, but the aging population is the most pressing. We will focus on closing the gaps in retirement preparedness, helping to address this critical issue."
The large mysterious drones reported flying over parts of New Jersey in recent weeks appear to avoid detection by traditional methods such as helicopter and radio, according to a state lawmaker briefed Wednesday by the Department of Homeland Security. In a post on the social media platform X, Assemblywoman Dawn Fantasia described the drones as up to 6 feet in diameter and sometimes traveling with their lights switched off. The Morris County Republican was among several state and local lawmakers who met with state police and Homeland Security officials to discuss the spate of sightings that range from the New York City area through New Jersey and westward into parts of Pennsylvania, including over Philadelphia. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.The opinions expressed below are Jon Keller's, not those of WBZ, CBS News or Paramount Global. BOSTON - The election and the changing of power could be big topics at this year's holiday celebrations. But how do you keep the political drama from poisoning important relationships? Most want to avoid political talk Many of us are on edge these days, and politics has a way of pushing us over that edge. In a pre-Thanksgiving CBS News/YouGov poll , 71% said they would try to avoid talking about politics over the holiday. "It makes sense that people are feeling a lot of feels right now," said Marblehead-based etiquette expert Jodi R.R. Smith, of Mannersmith Etiquette Consulting, who suggests political discussions should be avoided if you're sure they're going to be toxic. But, "We are allowed to talk about politics. If we stop talking about it, we can never come together on anything. The question is: Is this the time and place?" How to avoid politics at holiday events Smith advised planners of a fall wedding to insert language in the invitation and program politely requesting that differences be set aside to focus on the couple, and it worked. But Boston etiquette expert Roseanne Thomas, of Protocol Advisors, suggested you have the right to reject unwanted political talk. "You don't have to get involved if you don't want to. If you do, you listen respectfully; you kind of let them know that you've heard what they said; if you want to share your opinions, you do, but otherwise, you say 'OK, that's interesting,' and you move on," she said. Her getaway line and Smith's are notably similar. "'That's interesting, but do you know what I find fascinating?' And you can take the conversation, and move it somewhere else altogether," said Smith. And if guests persist in talking politics? "'If you'll excuse me,' and remove yourself from the situation," Smith said. The experts say you always want to take the high road, even if that means politely walking away from a conversation or avoiding the gathering altogether. Send cookies and your regrets, advised Smith, and consider reconnecting when things cool down. But, Thomas observed, political nerves are more frayed than ever, and people need to remember one thing before they engage: You are not going to change Uncle Bob's or Cousin Jane's mind over the egg nog. Jon Keller is the political analyst for WBZ-TV News. His "Keller @ Large" reports on a wide range of topics are regularly featured during WBZ News at 5 and 6 p.m.