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Uruguay's voters choose their next president in a close runoff with low stakes but much suspenseThe AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . CONWAY, S.C. (AP) — CJ Happy scored 16 points off the bench to lead Princeton past Portland, 94-67 to claim the seventh-place trophy at the Myrtle Beach Invitational tournament on Sunday. Happy went 7 of 9 from the field (2 for 4 from 3-point range) for the Tigers (5-3). Caden Pierce went 6 of 8 from the field (3 for 4 from 3-point range) to add 15 points. Blake Peters shot 5 for 11, including 4 for 10 from beyond the arc to finish with 14 points. The Pilots (2-5) were led by Vukasin Masic, who posted 12 points and four assists. Mikah Ballew added 12 points for Portland. Jinup Dobuol finished with 10 points. Princeton took the lead with 19:43 left in the first half and did not relinquish it. The score was 52-29 at halftime, with Pierce racking up 15 points. Princeton extended its lead to 61-29 during the second half, fueled by a 9-0 scoring run. Malik Abdullahi scored a team-high eight points in the second half as their team closed out the win. NEXT UP Princeton next plays Wednesday against Nazareth at home, and Portland will host Denver on Sunday. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Kingswood Capital Management Acquires IDX, a Leading Provider of Data Breach Response Services and Digital Privacy Protection

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The People's Party Of Canada has seemingly faded from the scene. The party that went by that name has been largely inactive. But the political ferment and fervour once associated with that movement have grown more intense as it has been mimicked by Conservative leader Pierre Poilievre. There is one difference between then and now that could alter that trajectory. The PPC was driven largely by conservatism. It never had a singular leader of its own whose brand was a driving force in itself. The current movement is essentially copycatted by Poilievre. Its future, short-term and long, will depend largely on him. So imagine my bewilderment when Poilievre's mysterious turnaround from Harper to far right came. Most became aware of Poilievre's shortcomings – and continue to compensate for them. Perhaps, they view their leader as a self-regulatory strategy, riding the disciplinary coattails of the more fortunate and experienced politicos. Taken together, within the social self-regulatory process, by which we draw close to others to compensate for our own flaws, the overwhelming evidence suggests that the two leaders and their platforms couldn't possibly be any different. Perhaps the mere presence of Poilievre signals the fall of actual conservatism. But there remains the possibility that should Poilievre be more of an albatross for his party, it would indeed be an irony if he ultimately saved Bernier from another political shellacking. William Perry Victoria76ers face reality as startling statistic forces team to reconsider their future | Sporting News

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The whiplash-inducing, “Hun­ger Games”-style race to become Donald Trump’s Treasury secretary made it easy for the media to ignore what has been going on with Janet Yellen — and the absolute mess she’s leaving for her successor. Yellen — who, it was revealed Friday, will be replaced as Treasury secretary in January by hedge fund mogul Scott Bessent — was Joe Biden’s pick to run the office that is essentially the country’s CFO. Indeed, it could be the most important cabinet position in the White House given the importance of the US economy. Americans put Trump in office largely over his handling of the economy during his first term — job growth and wages that kept place with a low inflation rate. Despite her gold-plated résumé, Ivy League degrees, and time served as Fed chair, Yellen gave the country just the opposite. Her boss paid the price politically as the American people paid the price economically. And according to my sources, the American people aren’t done paying the price for Yellen’s mismanagement even if most of the financial media is overlooking the fiscal time bomb she devised — one that could blow up once Trump takes office. Specifically, my sources who follow the bond market say Yellen has been setting a trap for the incoming Trump administration through the way she financed the massive $1.8 trillion federal budget deficit that exploded during the Biden years with the accumulation of $36 trillion in debt. Yellen has been moving away from long-term debt to finance the shortfalls to shorter-dated securities, essentially rolling over deficits with more and more Treasury bills instead of the normal way of debt issuance through 10- and 30-year debt. That’s according to an analysis by Robbert van Batenburg of the influential Bear Traps Report, who estimates that around 30% of all debt is the short-term variety — aka 2-year and shorter notes — compared to 15% in 2023. Didn’t lock in low rates In an era of low interest rates, Yellen & Co. could have locked in relatively cheap interest payments for years by issuing more 10- and 30-year debt. So why go there? Politics, according to Yellen’s Wall Street critics. Because the Biden administration has taken spending to new and some say unsustainable levels, Yellen needed to engage in a bit of financial chicanery to keep interest rates low and not spook the stock market during an election year, her critics say. If she had financed deficits with 10- and 30-year bonds, that would have caused a rise in interest rates that impact consumers, i.e. mortgages and credit cards. Yields on the 10-year bond have remained under 5%, a key level that has coincided with a run-up in stocks. If rates move to 5% and above, it would also probably cause a decline in the stock market because stocks would be competing with higher-yielding super-safe treasuries for investors’ money. She was playing with additional fire because rates on short-dated debt, while low, began to spike in recent years when the Fed raised its base rate to fight inflation. As van Batenburg puts it: “The Treasury now faces a substantial volume of short-term debt maturing annually, which must be refinanced at significantly higher interest rates. Current market rates for short-term debt, while slightly lower than recent peaks, remain elevated compared to historical levels. This mismatch between low-cost historical debt and high-cost replacement debt is driving a substantial increase in the government’s interest expense.” Scary stuff. Average Americans got screwed by inflation and then higher rates that made homeownership less affordable. Rich people luxuriated in gains from higher financial-asset prices. But yields on the 10-year have been inching up to that danger zone of 5%. It could set the stage for a stock market collapse or even worse if the bond market starts to factor in not just higher deficits given Biden’s spending spree, but also the need to issue more long-dated debt because short-term borrowing is more expensive. Thanks, Janet. Gensler’s SEC land mines Speaking of cleaning up messes, SEC Chairman Gary Gensler announced last week he doesn’t plan to stick around until his term ends in 2026. His replacement is still in question as this column goes to press, though sources say long-time securities lawyer and ex-SEC commissioner Paul Atkins has the inside track. While Wall Street’s top cop won’t face the same existential worries being faced by the new Treasury secretary, it won’t be a cakewalk, either. “Cleaning up after Gensler is like avoiding land mines left behind by the retreating Japanese soldiers,” an SEC insider told me. Gensler, during his three-plus years as Biden’s SEC chair, basically defied the agency’s congressional mandate. He turned what’s essentially an investor-protection agency into a climate-activist arm of the Biden administration by trying to impose costly and absurd disclosures on public companies about their carbon footprint, nearly impossible to accurately gauge. His enforcement arm became a de facto regulator of the $3.5 trillion crypto business; instead of setting clear rules for the industry, he brought cases, stifling innovation of all-important blockchain technology in the US and pushing it overseas. Staff morale is at an all-time low due to Gensler’s brusque management style. I can go on, but I don’t want to scare whoever’s taking Gary’s place. Originally published as US economy: Secretary of Treasury Janet Yellen departs from office - as she leaves a trail of mess for her successorStudents Urged To Pursue Skills Training At HEART/NSTA Trust

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ACA.stmgirlshoops.112624.204.jpgClemson 75, Penn St. 67