In a society where pursuing higher education is often considered a top priority, one young student from Wuhan University has made the bold decision to forgo postgraduate studies. Instead, she has amassed over 10,000 RMB in savings and ventured into various career paths to find her true calling.In recent days, the A-share market has shown a strong bullish trend, signaling the beginning of a major uptrend. Institutional investors have been actively increasing their long positions in anticipation of further gains. This surge in market sentiment has been driven by a combination of positive factors, including strong corporate performance, government support for the economy, and improved investor confidence.niceph 22 。

Biden will decide on US Steel acquisition after influential panel fails to reach consensus WASHINGTON (AP) — A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel. The Committee on Foreign Investment in the United States on Monday sent its long-awaited report to President Joe Biden, a longtime opponent of the deal. Some federal agencies represented on the panel were skeptical that allowing a Japanese company to buy an American-owned steelmaker would create national security risks. That's according to a U.S. official familiar with the matter. Both Biden and President-elect Donald Trump opposed the merger and vowed to block it. Nippon Steel says it is confident the deal will go ahead. Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Survey: Small businesses are feeling more optimistic about the economy after the election A survey shows small business owners are feeling more optimistic about the economy following the election. The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021. The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record high of 110. NFIB Chief Economist Bill Dunkelberg said small business owners became more certain about future business conditions following the presidential election, breaking a nearly three-year streak of record high uncertainty. The survey also showed that more owners are also hoping 2025 will be a good time to grow. 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. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. Stock market today: Wall Street rallies ahead of Christmas Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59% An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market.In conclusion, the release of 12 bottles of "Black Myth" cola for 46.12 CNY is a bold and innovative move that caters to the growing trend of limited edition collaborations in the entertainment industry. Whether you choose to purchase this exclusive product depends on your appreciation for the "Black Myth" franchise, your interest in collectible items, and your willingness to invest in a unique and limited edition offering. The decision is yours – would you buy it?

TV’s Dr. Oz invested in businesses regulated by agency Trump wants him to leadGovernor Siminalayi Fubara of Rivers State has commenced the payment of the newly implemented N85,000 minimum wage to state workers, fulfilling a promise he made earlier this year. The payment, which began with November salaries, has been widely celebrated by civil servants in the state. Fubara had announced the wage increase in response to President Bola Tinubu’s approval of an N70,000 national minimum wage in July; he pledged a higher wage for state workers, citing the state’s robust Internally Generated Revenue (IGR) as a sustainable source for the increase. Under Fubara’s administration, Rivers State’s IGR has seen significant growth, rising from N11 billion under the previous government to N27 billion, enabling the execution of developmental projects without external borrowing. Chukwuma Osunna, Chairman of the Nigeria Civil Service Union, Rivers State Chapter, confirmed the payment in an interview. “The Governor has fulfilled his promise, as of today, November 27, 2024, I can confirm that he has paid the N85,000 new minimum wage to workers, and the workers are happy,” he said. ALSO READ: Rivers: Fubara approves N85,000 minimum wage for civil servants “We met under the joint council, sat with the Head of Service, saw the salary chart and confirmed that the N85,000 is well calculated and implemented in the November salary of workers, so, payment started today and by tomorrow, other banks will start to pay too” Workers in the state expressed gratitude, noting that the wage increase would boost their morale and improve their productivity. TRIBUNEONLINE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel now

The news of NVIDIA's market value plummeting sent shockwaves through the global financial markets, with investors and industry analysts scrambling to make sense of the sudden downfall. The company, known for its cutting-edge graphics processing units (GPUs) and artificial intelligence capabilities, had long been regarded as a pioneer in the field of high-performance computing. However, the unfolding scandal has tainted its reputation and raised serious concerns about its future prospects.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. Wemby at The Garden. LeBron vs. Steph. The NBA's Christmas Day lineup, as always, has star power LeBron James made his Christmas debut in 2003. Victor Wembanyama was born 10 days later. That’s right: James has been featured on the NBA’s big day for longer than Wembanyama has been alive. And on Wednesday the league’s oldest player and brightest young star will be big parts of the holiday showcase. It’s another Christmas quintupleheader, with Wembanyama and the San Antonio Spurs visiting the New York Knicks, Minnesota going to Dallas for a Western Conference finals rematch, Philadelphia heading to Boston to renew a storied rivalry, James and the Los Angeles Lakers taking on Stephen Curry and the Golden State Warriors, and Denver playing at Phoenix. Pro Picks: Chiefs will beat the Steelers and Ravens will edge the Texans on Christmas Day Playoff berths, draft positioning and more are up for grabs in Week 17. There’s going to be plenty of football on television this holiday week with the NFL playing games on five out of six days, starting with a doubleheader on Christmas Day featuring four of the AFC’s top five teams. Patrick Mahomes and the two-time defending Super Bowl champion Kansas City Chiefs visit Russell Wilson and the Pittsburgh Steelers on Wednesday. Then, two-time NFL MVP Lamar Jackson and the Baltimore Ravens take on C.J. Stroud and the Houston Texans. The Bears host the Seahawks on Thursday night and there are three games on Saturday, making Sunday’s schedule light at nine games. Falcons drafting Penix no longer a head-scratcher with rookie QB shining in place of benched Cousins It was the most surprising first-round pick in a long time when the Atlanta Falcons chose Michael Penix Jr. with the eighth overall selection in the NFL draft last April. That came just six weeks after the Falcons had signed free agent quarterback Kirk Cousins to a four-year, $180 million deal with $100 million in guarantees. But that move is no longer a head-scratcher after Penix's solid starting debut in place of a benched and turnover-prone Cousins. Several teams have fared well with new quarterbacks this season including the Steelers, Broncos, Vikings and Commanders. Lindsey Vonn thinks her new titanium knee could start a trend in skiing. And pro sports in general ST. MORITZ, Switzerland (AP) — Lindsey Vonn thinks her new titanium knee could be the start of a trend in ski racing. The 40-year-old American standout had replacement surgery in April and returned to the World Cup circuit after nearly six years last weekend. She says her knee feels “amazing" and that "it’s something to seriously consider for athletes that have a lot of knee problems.” Her surgery was the first of its kind in World Cup skiing. Vonn had a robot-assisted surgery in April with part of the bone in her right knee cut off and replaced by two titanium pieces. She was planning her comeback a month later. Boise State's legacy includes winning coaches and championship moments No. 8 and third-seeded Boise State is preparing for its third trip to the Fiesta Bowl. This time it's in a playoff quarterfinal against No. 5 and sixth-seeded Penn State on New Year’s Eve. Boise State's first appearance on the national stage was in a memorable victory over Oklahoma in the Fiesta Bowl on Jan. 1, 2007. But former coach Chris Petersen said the victory in that bowl three years later over TCU was even more meaningful for the program. Players have mixed feelings about being on the road on Christmas as NFL adds more holiday games OWINGS MILLS, Md. (AP) — Games on Christmas aren’t new to the NFL. The Miami Dolphins famously beat the Kansas City Chiefs in a playoff game on Dec. 25, 1971 — a double-overtime classic that still holds the record for the NFL’s longest game. In 2020, New Orleans running back Alvin Kamara tied an NFL record with six touchdowns in a game when the Saints beat Minnesota on Christmas. Lately the league has been much more aggressive about scheduling games on Christmas. That's been met with mixed feelings among the players. Baltimore tackle Ronnie Stanley says there is an offensive line Christmas party planned for Friday at center Tyler Linderbaum’s house. Quarterback Lamar Jackson’s plan is to celebrate on Thursday. Embiid ejected after drawing 2 technicals in game against Wembanyama and Spurs PHILADELPHIA (AP) — Philadelphia 76ers star Joel Embiid was ejected in the first half of Monday night’s game against San Antonio after drawing two technical fouls. Referee Jenna Schroeder ejected Embiid with 2 minutes, 59 seconds left in the second quarter. The seven-time All-Star received the first technical for arguing with Schroeder, and received another technical — and ejection — from Schroeder before any more game time elapsed. Embiid was close to Schroeder, but it wasn’t clear from replays whether he made contact with the official. An enraged Embiid charged toward the officials after the ejection and was restrained by teammate Kyle Lowry, head coach Nick Nurse and several assistants. Nikki Glaser uses Prime Video's NFL postgame show appearances to help prepare for Golden Globes INGLEWOOD, Calif. (AP) — Nikki Glaser has become a familiar face to football fans this season. Her breakthrough performance at the Tom Brady Roast on May 5 paved the way for five appearances on Amazon Prime Video’s “Thursday Night Football” postgame show. Glaser said before last Thursday’s game between the Denver Broncos and Los Angeles Chargers that doing her “Late Hits” segment was a no-brainer following her success at the Brady roast. Leaving Thunder, Bucks off the NBA's Christmas game list has those teams feeling snubbed Oklahoma City leads the Western Conference and has a MVP candidate in Shai Gilgeous-Alexander. Milwaukee has the NBA’s leading scorer in Giannis Antetokounmpo. They were the teams that made their way to the NBA Cup final. By any measure, they’re both very good teams. And neither will play on Christmas Day this year. Bah, humbug. The NBA faces the same challenge every summer, figuring out which 10 teams will get the honor of playing on Christmas Day. But the Bucks and Thunder are right to feel snubbed.

Class A state championship: Billings Central wins first state title since 2018 with victory over LaurelThe performance data of private equity funds for the first 11 months of the year has just been released, revealing impressive results across the board. A staggering majority of the funds, exceeding 90%, have achieved floating profits in excess of one billion RMB. This achievement showcases the resilience and adaptability of the private equity industry in the face of a volatile market environment.

On ‘ Morning Joe ’, the panelists discussed the potential fracture of the political alliance between US President- elect Donald Trump and Tesla CEO Elon Musk while prompted by Donald Trump's recent speech asserting his control over the partnership, reported Huffpost. ET Year-end Special Reads Top 10 equity mutual funds of the year. Do you have any? How India flexed its global power muscles in 2024 2024 was the year India became the talk of America According to Huffpost, host Jonathan Lemire noted that the lighthearted remarks made by US President- elect Donald Trump about SpaceX CEO Elon Musk being the ‘Shadow President’ indicated his insecurity regarding Elon Musk's growing influence. The conversation then pretty swiftly shifted to what could lead to a breakup with panelist Sam Stein suggesting that their relationship is largely based on convenience as Donald Trump hugely appreciates Elon Musk's financial support and media platform. Additionally, Sam Stein also issued a warning that if Elon Musk begins to overshadow Donald Trump in terms of influence, severe tensions will likely arise for sure, asserted Huffpost. Jonathan Lemire pretty humorously proposed that a Time Magazine cover portraying Elon Musk as the true leader could be a breaking point. The panelists also highlighted that while Elon Musk has supported Donald Trump politically, any perception of him stealing the spotlight could actually jeopardize their alliance, noted Huffpost. This recent dynamic actually reflects a broader concern about power and influence within their relationship while both figures are known for their desire for attention. 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On ‘Morning Joe’, the panelists discussed the potential fracture of the political alliance between US President- elect Donald Trump and Tesla CEO Elon Musk while prompted by Donald Trump's recent speech asserting his control over the partnership. What did Morning Joe host Jonathan Lemire recently note regarding the friendship between Donald Trump and Elon Musk? Morning Joe host Jonathan Lemire noted that the lighthearted remarks made by US President- elect Donald Trump about SpaceX CEO Elon Musk being the ‘Shadow President’ indicated his insecurity regarding Elon Musk's growing influence. (You can now subscribe to our Economic Times WhatsApp channel )As snow blankets the Colorado mountains, outdoor enthusiasts have a unique opportunity: the winter hut trip. Whether you’re a skier or a snowshoer, a hut trip offers an excellent opportunity to connect with nature while exploring the rugged beauty of the state’s wilderness and enjoying the warmth and camaraderie of a cozy mountain hut. From the towering peaks of the San Juan Mountains to the snow-covered trails in Summit County, Colorado’s winter hut trips provide an unforgettable experience for adventurers of all levels. Huts fill up fast, so check each property’s for pricing and availability. Located between Telluride and Silverton near the top of Ophir Pass in the San Juan Mountains, the Opus Hut was built for backcountry skiers, mountaineers, hikers and mountain bikers. At 11,700 feet, the hut sits at treeline with low-angle glades below and open slopes above. While intermediate powder skiing is available out the back door of the hut, owner Travis Mohrman said the terrain is best suited for experienced backcountry skiers. Mohrman estimates that 15% to 20% of the groups visiting Opus Hut do so with guides. “They’re not personally comfortable with the terrain or they’re not from the area,” Mohrman said. “They guides are knowledgeable about local conditions — what the snow is, what’s safe and what’s not safe.” The cabin accommodates up to 20 people in five rooms. Some visitors book the whole hut and bring friends and family, while others reserve available beds in unbooked rooms. The hut features solar-powered lighting and 110-volt outlets for charging electronic devices. It also has filtered drinking water, hot and cold tap water, and indoor composting toilets. It provides full bedding and clean sleeping bag liners. During winter, the hut has four to six employees who sleep in a separate cabin. They prepare meals with natural, organic, and, when possible, locally grown products. The hut accommodates vegetarian, vegan, and gluten-free diets–just be sure to inform the staff beforehand. It also offers beer, wine, and a limited selection of spirits for purchase. “You can travel much lighter if you don’t have to bring in your food,” said Mohrman, who took over the hut three years ago. “You don’t have to focus on the upkeep of being in the backcountry.” Reservations for Opus Hut open Aug. 1. “The winter fills up quick,” Mohrman said. “Every winter weekend books in the first five minutes.” Nestled at 11,200 feet in the San Juan National Forest, Campfire Ranch Red Mountain Pass is the perfect base for exploring world-class skiing, split boarding, snowshoeing, and ice climbing. Located between Silverton and Ouray, it’s is accessible during the winter via a half-mile backcountry over-snow approach. Campfire Ranch is an ideal choice for novices. While other Colorado hut systems require you to carry your own food, bring sleeping bags, and live off-grid, this one provides food service, solar-powered electricity, Wi-Fi, and bedding. The dog-friendly cabin accommodates eight people. “We took a hospitality approach to remove barriers to entry for people who want to have the experience but don’t have the gear or the knowledge,” said Katrin Meiusi, director of marketing for the properties. Campfire Ranch first opened a campground on the Taylor River in Almont near Crested Butte. RVs are not permitted at the campground, which is open from May to October. Amenities include unlimited firewood, clean bathrooms, and drinkable well water. The 38 backcountry huts managed by the non-profit 10th Mountain Division Hut Association are connected by 350 miles of trails among some of the tallest peaks in the lower 48 states. All huts, some of which accommodate up to 17 people, have kitchens with propane burners for cooking — propane is provided. They provide pots, pans, potholders, dishware, cooking and eating utensils, a percolator or French press for coffee, salt and pepper, paper towels, dish soap, hand sanitizer, cleaning supplies and trash bags. Some huts have ovens and propane grills. All huts provide lighting from on-site solar power, propane or a generator. A few huts also have outlets for charging small devices such as phones. The huts have either an outhouse or an indoor bathroom with toilet paper supplied. All huts include mattresses and pillows, but you must bring your sleeping bag and pillowcase. Summit Hut Association operates five backcountry huts open for winter from November to May. Francie’s and Janet’s cabins are also open for summer use from July to September. All huts have solar-powered lights, fully stocked kitchens, and wood-burning stoves. Francie’s, Janet’s, and Sisters’ cabins have saunas and indoor toilets. The association hosts its annual Backcountry Ball fundraiser in October at The Maggie on Peak to kick off the season. The event includes dinner, drinks, a silent auction and entertainment. Proceeds help maintain the network of backcountry cabins.Michigan's defense of national title fell short, aims to cap lost season with win against Ohio State

SMU has plenty to play for when it closes the regular season against California on Saturday afternoon in Dallas. The Mustangs (10-1, 7-0 Atlantic Coast Conference), who checked in at No. 9 in the latest College Football Playoff rankings on Tuesday, would like to send their seniors off the right way. They would also like to complete a perfect regular season before appearing in the ACC title game in their first year in the conference. Most importantly, they want to continue to strengthen their playoff case. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. The Markup presents a guide to keeping someone's plans private through every step of an abortion in any state, including Florida and South Dakota. Click for more. How do I protect my privacy if I'm seeking an abortion?There are a lot of exchange-traded funds ( ) for investors to choose from on the ASX. But three of the best could be named below. Here's what you need to know about them: ( ) One of the best ASX ETFs out there is arguably the . This hugely popular fund aims to track the performance of the Nasdaq-100 Index (before fees and expenses). The Nasdaq-100 is home to 100 of the largest non-financial companies listed on the Nasdaq market. This includes many companies that are at the forefront of the new economy such as ( ), ( ), and ( ). The fund manager, Betashares, highlights that its strong focus on technology means that "NDQ provides diversified exposure to a high-growth potential sector that is under-represented in the Australian sharemarket." ( ) Another ASX ETF to unwrap this Christmas is the . If you are inspired by Warren Buffett and his style of investing, then this fund could be the one for you. That's because this Buffett-inspired ETF gives investors access to a group of companies that have fair valuations and sustainable competitive advantages or . These are the qualities that the Oracle of Omaha will often look for when he is finding investments for ( ). At present, the fund is invested across ~50 shares including the likes of ( ), ( ), and ( ). This focus on sustainable competitive advantages appears to work. Over the past 10 years, the index this fund tracks has generated an average return of 16.7% per annum. Finally, a third ASX ETF that would be great to unwrap at Christmas is the This fund is home to the highest quality companies in the world. To qualify, these companies need to score highly on metrics such as returns on equity and profitability, low leverage, and earnings stability. There are currently approximately 150 shares included in the future. These shares come from a range of geographies and global sectors, many of which are under-represented in the Australian share market. Betashares' recently the ETF as one for investors to buy. It notes that "a focus on quality, defence, and patience can pay off for investors."

2 years into process, DEEM says financing ready to start Bader Field developmentAnd as the cold takes hold, we find ourselves drawn together in a shared experience of endurance. Strangers exchange knowing glances on the street, bonded by a common enemy in the form of winter's icy touch. Small acts of kindness abound as we offer a helping hand to those in need, a reminder that even in the coldest of times, warmth can be found in human connection.

NEW YORK (AP) — U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. 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.Novak Djokovic has whipped the tennis world into a frenzy after announcing that the recently retired Andy Murray was joining his coaching team ahead of the Australian Open next year . Murray, who retired after the summer Olympics , will join the 24-times Grand Slam champion in the off-season and coach him through to the opening grand slam event of 2025. Djokovic shared the news on his social media channels overnight (AEDT), with an old image of himself and Murray during a doubles a match at the Australian Open way back in 2006. Know the news with the 7NEWS app: Download today “He never liked retirement anyway,” Djokovic said. Fans and coaches were stunned by the news which quickly overshadowed the Davis Cup finals. Tennis coach Mathias Degardin said: “No way!!!!!! Murray coaching Djoko hahaha. That’s the best news of the year, I can’t believe it!” While well-known mentor and former star Brad Gilbert said: “Good 👍 move 👊😎💪.” Andy Murray’s mum, Judy, reacted with a popcorn emoji, while journalist Puneet said, “No way!!! Oh my God.” Another fan said: “Is this real life?” Murray’s representatives also put out statements from both players on Saturday. “I’m going to be joining Novak’s team in the off-season, helping him to prepare for the Australian Open,” Murray said. “I’m really excited for it and looking forward to spending time on the same side of the net as Novak for a change, helping him to achieve his goals.” Djokovic has spent more weeks at No. 1 than any other player in tennis history while old rival Murray won three major trophies and two Olympic singles gold medals and finished 2016 atop the ATP rankings. He retired as a player after the Paris Summer Games in August. “I am excited to have one of my greatest rivals on the same side of the net, as my coach,” said Djokovic, whose 2024 season is over. “Looking forward to start of the season and competing in Australia alongside Andy, with whom I have shared many exceptional moments on the Australian soil.” Both men are 37 and were born a week apart in May 1987. They started playing each other as juniors and wound up meeting 36 times as professionals, with Djokovic holding a 25-11 advantage. That includes an 11-8 lead head-to-head in finals, and 8-2 at Grand Slam tournaments. Djokovic beat Murray four times in the Australian Open final alone, in 2011, 2013, 2015 and 2016. Next year’s Australian Open starts on January 12. - With AAP

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