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NEW YORK (AP) — U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses, after President-elect Trump said he plans to impose sweeping tariffs on Mexico, Canada and China as soon as he takes office. U.S. automakers and other companies that could be hurt particularly by such tariffs fell. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are rising toward 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. People are also reading... The S&P 500 climbed 0.5% and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average added 81 points, or 0.2%, to its own record set the day before, while the Nasdaq composite was 0.5% higher, with less than an hour remaining in trading. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada's main index edged down by just 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. 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. General Motors sank 8.2%, 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 3.9%. 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 to the job market . While lower interest rates can boost the overall economy and prices for investments, 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. Unlike tariffs in Trump's first term, his proposal from Monday night would affect products across the board. Trump’s tariff talk came almost immediately after U.S. stocks rose Monday amid excitement about his pick for Treasury secretary, Scott Bessent. The hope was the hedge-fund manager could steer Trump away from policies that balloon the U.S. government deficit, which is how much more it spends than it takes in through taxes and other revenue. The talk about tariffs overshadowed another set of mixed 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 instituted by the Fed to get inflation under control. Kohl’s tumbled 17.6% 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 4.7% 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%. 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. J.M. Smucker jumped 5.4% for one of the biggest gains in the S&P 500 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 2.8% for Amazon and 2% for Microsoft were the two strongest forces lifting the S&P 500. In the bond market, Treasury yields rose 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 climbed to 4.30% 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 $91,600, 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. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. The business news you need Get the latest local business news delivered FREE to your inbox weekly.
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Thanksgiving Weekend Sports Guide: Your roadmap to NFL matchups, other games, times, odds
has sold more than 1 million copies since its launch, with additional players jumping in via Xbox Game Pass. The news was announced by developer GSC Game World, which claimed this was just the start of the game’s adventure. “No wonder it feels a bit crowdy in the Zone. A million copies were sold, and much more stalkers joined the artifact hunt with Game Pass,” the studio . “The Heart of Chornobyl emanates stronger with each of us.” So far, has hit a 24-hour peak of 121,335 players on Steam (via ) and that number will likely rise in future – particularly as GSC Game World begins to release the first patches and content updates for the game. Notably, the launch of has been accompanied by an array of issue reports, as players have encountered rafts of bugs in the game. Many players have reported issues running the game on their PC, with any attempt resulting in visual glitches and poor resolution. Some have claimed enemies tend to spawn directly in front of you, creating a real dissonance in exploration. Others have issues with stealth, gun combat, fast travel, and random game freezes. GSC Game World is working to address STALKER 2’s bugs Despite all this, sentiment towards is largely positive, with many players enjoying the experience regardless. There’s also a clear throughline in player feedback: they’ll patiently wait for new patches, as GSC Game World continues to work on the game and address its major bugs. has rightfully earned a fair bit of leeway: it was developed under incredibly difficult conditions, as much of the studio team was forced to evacuate from their home country of Ukraine mid-development, due to Russia’s invasion. Some of the team remained in Ukraine, while others evacuated to the Czech Republic, understandably causing complications with smooth development. While ‘s path from launch hasn’t been entirely smooth, GSC Game World has committed to addressing the major issues with the game, creating a better experience for those one million players+ now wandering its wasteland. Those keen to jump in once its rougher edges are smoothed can stay tuned for updates via and .A fan of the Too Good To Go app has praised her "best ever" bag after spending just £5 on food that would have retailed for well over £100. The app allows supermarkets, shops, cafes and restaurants to sell food nearing its sell-by or use-by dates at reduced prices, preventing it from going to waste. These are known as surprise bags, as customers don't know what they'll receive when they order. The delighted shopper took to TikTok to show off her haul, which she acquired from a Gail's Bakery branch in Central London. "This is by far the best Too Good To Go bag I've ever bought," she exclaimed. "Gail's can be a bit hit and miss but this was a BIG hit." In her video, she detailed her bargain: "I got incredibly lucky - they gave me three whole bags as they'd had a particularly quiet day. The bread selection included two white San Francisco sourdough loaves (worth £4.60 each), a garlic and rosemary focaccia (£3.30) and four brown sourdough loaves (£4.60 each)." She was equally thrilled with the pastries, showing off her two butter croissants (£2.65 each) and a whopping eight blueberry and custard brioche buns (£4.10 each). Four chocolate muffins and a blueberry one followed (£3.30 each), before she went on to detail the refrigerated items too. These included three mango, passionfruit and chia seed pots (£4.30 each), two beetroot, lentil and goat's cheese salads (£6.80 each) and one spelt, cauliflower and ferments salad (£6.80). The woman was overjoyed with her bargain, sharing the impressive haul with family and friends and stocking up her freezer. She gleefully noted that the actual value of the food was a substantial £118.80. The woman's followers were quick to express their envy and support, with one commenting: "You hit the bread jackpot!" Another remarked: "All those sourdough loaves to freeze! I'm very jealous of you!" A third reflected on the positive impact of the app: "I am so glad that Too Good to Go exists. Imagine how much food has been saved." Whilst a fourth TikTok user was astounded by the normal cost, stating: "Looks delicious and definitely worth £5 - but the fact this would cost over £100 normally is insane." In November 2024, fans of Too Good To Go learned they can now have boxes of surplus food delivered straight to their door. The popular app has launched Too Good To Go Food Parcels in addition to their 'surprise bags' in store. The company says the new Food Parcels will come from larger-scale manufacturers and will include products that are "perfectly good" but won't go to supermarkets due to minor issues like damaged labels or packaging changes. Products included in the parcels will include ambient items such as coffee, tea, snacks, soups, sauces, pasta, and confectionery.
FRANCINE is frantic. Months before the 2024 election and immediately after President Joe Biden invited President-elect Donald Trump to the White House for an orderly transition of power, she was elated that Trump won. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.Transworld Business Advisors of Eastern North Carolina Celebrates Five Years of Service and Achievement
The bullet-riddled bodies of the two cops were seen lying inside a police van near a temple in Udhampur (PTI photo) JAMMU: A policeman allegedly shot dead his colleague with an AK-47 assault rifle before turning the weapon on himself in Jammu and Kashmir's Udhampur district early Sunday, officials said. The two policemen along with another colleague were travelling from north Kashmir's Sopore to the Subsidary Training Centre (STC), Talwara, in Reasi district of Jammu region when the incident took place. The bullet-riddled bodies of the two cops were seen lying inside a police van near the Kali Mata temple in Rehembal area of Udhampur around 6.30 am. Officials said the head constable opened fire at the driver over some argument before ending his own life. A selection grade constable, who was also travelling in the vehicle, escaped unhurt and is being questioned, they said. Udhampur SSP Amod Ashok Nagpure said the accused used his AK 47 assault rifle in the firing. "They were posted in Sopore and belonged to Kashmir. The accused constable shot dead his colleague before killing himself," the officer said. "Initial probe reveals it is a case of fratricide and suicide," police said. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .Why EVgo Stock Surged Over 25% This Week and Could Rally Even Higher
Share Tweet Share Share Email Despite appearing sidelined and even abandoned by Nicolás Maduro’s government while detained in the United States, Colombian businessman Alex Nain Saab Morán has regained significant influence within Venezuela’s power structure, now relentlessly pursuing those who betrayed him. Many of his informers, who had enjoyed a sense of respite while Saab was in U.S. custody, now find themselves in his crosshairs once again. Recently, President Maduro appointed Saab as Minister of Industry and National Production, replacing Pedro Tellechea, who shortly after his dismissal was detained by SEBIN (Venezuelan intelligence service) and charged by the Public Prosecutor’s Office. Tellechea stands accused of having “handed over the Automated Control and Command System, known as the brain of PDVSA, to a company linked to U.S. intelligence services.” Tellechea’s removal is yet another example of Saab’s ongoing purge of rivals, many of whom are now behind bars. Last year, former business partner Álvaro Pulido Vargas , and earlier this year, former finance minister Simón Zerpa, were both arrested. Zerpa’s arrest was reportedly an act of retaliation after he disclosed details about the flight carrying Saab to Iran to U.S. authorities—a flight that led to Saab’s detention in Cape Verde during a refueling stop. Zerpa had a close connection with U.S. prosecutor Kurt Lunkenheimer, while Pulido Vargas cooperated with the DEA, providing information about Saab and Venezuelan government figures in exchange for an end to his prosecution in the U.S. The South Florida prosecutors, initially Michael Nadler and later Lunkenheimer, oversaw Saab’s case from his indictment to his trial. Through his lawyers, David B. Rivkin Jr. and Joseph M. Schuster, Saab accessed the entire case file, gaining detailed information about all those who had contributed to his incarceration. He is now focused on seeking retribution against them. Tellechea, meanwhile, has privately been accused by Saab of selectively awarding contracts to suppliers for the government’s oil-for-food program, which Saab himself managed until his detention. Among the primary beneficiaries of this new arrangement was businessman Jorge Giménez Ochoa, a close ally of Vice President Delcy Rodríguez and the president of the Venezuelan Football Federation. Giménez is currently under investigation in Spain as part of the “Aldama plot,” where he allegedly profited from selling overpriced masks during the COVID-19 pandemic. Another figure linked to the redistribution of this program is businessman Antonio González Morales, who attempted to take over the food distribution business under the CLAP system. According to the investigative outlet ArmandoInfo , both Giménez and González Morales share partnerships in various ventures, including Alimentos Fruca, Turismo Real, Constructora 2GM, and Alimentos Lual, among others. Now, several businessmen who rival Saab are under his scrutiny as he seeks retribution against those who crossed him. The execution of Saab’s vendetta has been supported by Diosdado Cabello, recently appointed Minister of Interior and Justice, who appears to be reclaiming influence within Maduro’s inner circle at the expense of siblings Jorge and Delcy Rodríguez. Shortly after assuming office, Cabello appointed Major General Javier Marcano Tábata as head of the Military Counterintelligence Directorate, replacing Iván Hernández Dala, and his cousin, Major General Alexis Rodríguez Cabello, as head of SEBIN, taking over from General Gustavo González López. These shifts have sidelined the Rodríguez siblings, whose influence is now diminished by the alliance between Cabello and Saab, as they consolidate their power. With the backing of Attorney General Tarek William Saab—recently reaffirmed in his position by the National Assembly—the formidable alliance between Cabello and Saab has established a powerful judicial arm. This duo now has free rein to compile cases and detain those they see fit, continuing their strong and unyielding control over the apparatus of Venezuelan state power. Related Items: Saab , Tightens Grip Share Tweet Share Share Email CommentsNoneValero Energy (NYSE: VLO ) shares fell for seven straight sessions as the stock closed 0.9% lower at $138.56 on Wednesday. The energy stock slipped 1.6% in the preceding six sessions. The stock has advanced 6.6% so far this year, compared to the 25.8% rise in the broader S&PSerbia presented Expo flag
SANTA CLARA, Calif. (AP) — Brock Purdy threw one short pass in the open portion of practice for the San Francisco 49ers as he remains slowed by an injury to his throwing shoulder that has already forced him to miss a game. Purdy spent the bulk of the session of Wednesday's practice open to reporters as either a spectator or executing handoffs outside of one short pass to Jordan Mason. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Stock market today: Wall Street rises to records despite tariff talkThe legacy of Chief Obafemi Awolowo, one of Nigeria’s most revered political and intellectual figures, continues to shape the nation’s landscape, even decades after his passing. A nationalist, federalist, and visionary, Awolowo played a critical role in Nigeria’s political and constitutional development. His ideals, which centred around unity, democracy, and social justice, have left an indelible mark on the fabric of Nigerian society. Chief Awolowo’s commitment to education, self-reliance, and equitable development laid the groundwork for many of the nation’s institutions. His role in promoting federalism, fighting for the rights of the marginalized, and advocating for inclusive governance resonates in Nigeria’s modern-day political struggles up until today. Many Nigerians, both within and outside of politics, strive to uphold these ideals and carry forward his ideals of cultural renaissance and social justice, advocating for a stronger and more united Nigeria. But beyond the broad scope of these influential figures, one person stands at the forefront of ensuring that Chief Awolowo’s legacy remains alive, relevant, and impactful: Dr. Tokunbo Awolowo Dosumu, the sage’s last-born child. Dr. Tokunbo Awolowo Dosumu, the Executive Director and Co-Founder of the Obafemi Awolowo Foundation, is a steadfast champion of her father’s vision. She has become the driving force in preserving and expanding his legacy, ensuring it continues to influence the national conversation. Her work within the Foundation, alongside her other leadership roles, embodies the ideals her father fought for—integrity, education, good governance, and national development. A former Ambassador to the Netherlands and an active participant in Nigeria’s political discourse, Tokunbo has been an advocate for national development and women’s empowerment. She is carrying her father’s vision forward by playing significant roles in various strategic positions, such as her tenure as the Chairman of the Governing Council of Lagos University Teaching Hospital and as a delegate at the 2014 National Constitutional Conference. In these roles, she advocated for a political restructuring that would ensure a more inclusive and equitable Nigeria, something that mirrors her father’s lifelong efforts to ensure the prosperity and unity of the nation. Tokunbo is a key figure behind the Obafemi Awolowo Prize for Leadership. This biennial award recognizes individuals who demonstrate excellence in leadership and good governance, qualities that Awolowo himself epitomized. Through this award, she continues to spotlight global leaders who reflect the values of her father, ensuring that his ideals remain integral to the nation’s political and social ethos. Her upcoming webinar, “Building a Viable Society in Challenging Times: The Critical Role of Women,” reflects her ongoing mission to empower women and raise their voices in the struggle for national development, while remaining a true Ambassador of her father’s vision. Like the Sage himself, Tokunbo has an unyielding commitment to the progress of Nigeria, its people, and its future. She is the bridge between the ideals of the past and the aspirations of the present, ensuring that the values Chief Obafemi Awolowo fought for continue to thrive in a modern world. Through the Obafemi Awolowo Foundation, she upholds her father’s commitment to nation-building in ways that resonate with the challenges and opportunities of today. As the Chairman of African Newspapers of Nigeria, publishers of the iconic Nigerian Tribune titles, Tokunbo continues to provide a platform for meaningful discourse on governance, leadership, and the future of the nation. The forthcoming webinar, “Building a Viable Society in Challenging Times: The Critical Role of Women,” promises to be a remarkable convergence of influential voices committed to national progress. Hosted by the Obafemi Awolowo Foundation under the visionary leadership of Dr. Tokunbo Awolowo Dosumu, this event continues the legacy of Chief Obafemi Awolowo by fostering meaningful conversations around governance, leadership, and inclusivity. Among the distinguished dignitaries set to participate are the Chairman, The Vice President of Nigeria. His Excellency Kashim Shettima; the Distinguished Guest, Governor of Lagos State. Babajide Sanwo-Olu; and the Keynote Speaker, Her Excellency Dr. Amina Mohammed, whose tireless advocacy for sustainable development and women’s empowerment has earned global recognition. ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE 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
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