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2025-01-09   

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SHANGHAI/BEIJING: China's top electric vehicle producer BYD is set to show further market share gains when November vehicle sales data is released on Monday, putting it on course to exceed its annual goal and overtake Ford and Honda in global sales. BYD has been on an extraordinary expansion this year, growing capacity and undertaking a massive hiring spree to turbocharge revenue, which overtook EV leader Tesla in the third quarter. Aided by robust sales in China that continued in recent months, BYD is now on course to beat its annual sales target of 4 million vehicles, more than Japan's Honda and Detroit-based Ford in 2024 worldwide sales. The Chinese electric vehicle giant delivered 3.76 million vehicles in the first 11 months this year including 506,804 units sold in November. Its strong sales, led by a competitive lineup of models with its latest plug-in hybrid technology , are likely to show the firm added more market share when the China Passenger Car Association (CPCA) releases industry-wide November vehicle sales data. 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By comparison, Volkswagen's two joint ventures with SAIC and FAW Group took a combined 12.5% market share in the January-October period, compared with 14.2% last year. If that sales momentum continues, BYD could sell more than 6 million units in the next 12 months, which would put it on par with the world's leading automaker groups such as General Motors and Stellantis. The Chinese firm aims to deliver 5-6 million cars in 2025, Citi analysts said in a recent note after a meeting with the automaker's management. BYD didn't respond to a request for comment. During August to October, the automaker added nearly 200,000 units in production capacity and hired 200,000 workers for auto and part manufacturing, an executive said in November. The total number of BYD employees was close to one million as of September, up from around 703,500 at the end of 2023. Its efforts to boost scale have helped it outpace rivals in growth, better control costs and win a brutal price war in China that has squeezed many foreign automakers. BYD has asked dozens of its suppliers for price cuts, according to a recent state-owned media report. In the latest sign of foreign car makers' deepening woes in China, GM said last week it would take more than $5 billion in charges on its China operation due to restructuring and declining value of its joint venture that has suffered losses and declining sales. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )

Data readiness is the ability of an organization to collect, manage and effectively use data. This concept is never more crucial than during the holiday season, which for many retailers represents their most important time of year. As retailers seek to maximize their impact during this peak period and retain customers after the holiday season, the ability to leverage real-time data becomes even more critical. A PYMNTS Intelligence report, “ The Platform Business Data Readiness Survey: How Real-Time Data Can Drive Growth ,” created in collaboration with Fiserv , examines the growing importance of data readiness for businesses aiming to optimize operations and unlock market potential. The study reveals that 62% of platform businesses view real-time data as crucial to their strategies, with those leveraging such insights 1.5 times more likely to experience higher revenue growth. Real-time data facilitates quicker decision-making, enabling companies to respond to market changes, track customer behavior and customize marketing efforts to enhance engagement and conversions. Data as a Retention Tool In an interview with PYMNTS, Martin Qiu , Associate Professor, Lazaridis School of Business and Economics , Wilfrid Laurier University in Ontario, said how data readiness can offer retailers a range of tools to retain customers and elevate business performance. “Data readiness offers retailers multiple means to boost business performance,” Qiu said. “Data readiness can facilitate converting new shoppers who are attracted by seasonal shopping promotions into loyal customers through strategic customer experience management.” Specifically, Qiu added, during holiday promotions, retailers can capture first-time customers’ engagement through integrated feedback systems, ratings collection and social sharing initiatives, while correlating these insights with their purchase patterns. “By analyzing this rich dataset, retailers can identify promising customer segments and develop targeted loyalty programs tailored to their characteristics,” he said. “By doing so, retailers can nurture these relationships beyond the holiday season, effectively converting seasonal buyers into return customers. This data-driven approach to customer experience highlights the value of data readiness in customer relationship management (CRM).” Gleaning Insights Expanding on this, Sudip Mazumder , senior vice president, retail industry lead, North America, at digital consultancy Publicis Sapient , told PYMNTS a solid data foundation is essential for capturing valuable customer insights during the holiday season. “Data readiness plays a pivotal role in data capture during the holidays and post-holiday engagement, offering numerous benefits to retailers,” Mazumder said. “Omnichannel integration facilitates seamless customer journeys during the holiday season. Data readiness ensures a smooth transition between online and offline channels, enabling retailers to track customer behavior across various devices and touch points. “A robust data foundation allows for personalized experiences, as retailers can analyze customer data to tailor product recommendations, promotions and experiences to individual preferences during the holiday season,” he added. “Additionally, data-driven optimization enhances checkout processes, reducing cart abandonment and improving conversion rates. Integrating loyalty programs with data collection systems can further capture valuable customer shopping preferences.” After the holidays, Mazumder said retailers can leverage this same data for post-holiday engagement and retention. “Regarding post-holiday engagement and retention, retailers can use the data captured for advanced customer micro-segmentation, allowing targeted marketing,” he said. “Retailers can deliver highly personalized marketing campaigns by segmenting customers based on purchase history, preferences and demographics. This approach includes offering tailored promotions and discounts to encourage repeat purchases and foster customer relationships even after the holidays. “Lifecycle marketing strategies, such as win-back campaigns, use data to identify inactive customers and re-engage them with personalized offers and incentives,” Mazumder added. “Retailers can also identify opportunities to enhance the shopping experience and strengthen customer relationships by analyzing customer journeys.” This data-driven approach extends beyond customer engagement and retention, also playing a crucial role in product development and innovation after the holiday season, Mazumder said. “Data also supports product development and innovation post-holidays,” he said. “Analyzing trends helps retailers identify emerging consumer preferences, informing future product development and assortment planning. Evaluating customer feedback and reviews provides valuable product improvement and innovation insights. By prioritizing data readiness and effectively leveraging customer data, retailers can optimize their holiday season performance, build stronger customer relationships and drive long-term growth.” What Businesses Can Do With Data Bellamy Grindl , principal and founder of Retailytics , told PYMNTS that data readiness is key during the holidays, “especially for brands that see a big revenue spike. For seasonal brands, November can be as big as 25% of annual revenue.” Grindl offered some best practices for retailers: Segmenting shoppers to focus on high-value customers versus one-time buyers. Using real-time data to adjust inventory, pricing and promotions on the fly. Personalization, like tailored emails or product recommendations, to boost conversion. Launch retention campaigns post-holiday to turn seasonal shoppers into loyal customers. Keep teams aligned so decisions are driven by shared data insights.

For the first time in over a decade, Jim Harbaugh and John Harbaugh will coach opposing teams. Jim's Los Angeles Chargers will host John's Baltimore Ravens on Monday Night Football . It's the third time they'll square off, with Baltimore last defeating Jim's San Francisco 49ers in the Super Bowl on Feb. 3, 2013. The Week 12 rematch won't be easy for their parents, but Jack and Jackie Harbaugh aren't in Inglewood for Monday's game. Last week, Jack said on The Lounge podcast that they'll be in Florida with their daughter Joani, son-in-law Tom Crean, and two grandchildren. Monday marks the couple's 63rd wedding anniversary, and they'll stay down south for Thanksgiving. "We are choosing to go down there and celebrate Thanksgiving with them and be able to watch the game with them," Jack said . "And we'll have a lot of fun and enjoyment doing that." Speaking to reporters Wednesday , Jim said his mom and dad "rightfully" decided to spend Thanksgiving with Joani while the brothers remain focused on football. He called it "really cool" that he and his brother will face each other on their parents' anniversary. Gregory Shamus/Getty Images Jack wouldn't play favorites ahead of the matchup. While the former coach typically watches and discusses game film with his sons, he hasn't this week to stay neutral. John tried to help his parents navigate the uncomfortable moment by reminding them that Monday's game isn't the Super Bowl. Unlike their last encounter, both brothers will keep fighting for a playoff spot regardless of the Week 12 outcome. However, Jack doesn't expect to feel much calmer once the primetime game kicks off at 8:15 p.m. ET. "I'm sure it'll be about the way it was in the Super Bowl. My nerves were good until kickoff," Jack said. "Once the ball was kicked off and then all at once, your body goes into a different mode – one of absolutely nothing that you can do personally to affect the outcome, but you're emotionally charged to be a part of it and to see how it all comes together. "I'm a total fan. And I'm going to watch and enjoy a great competition." Related: Jim Harbaugh Has Blunt Mindset Heading Into Game Against His BrotherJessica Kartalija, who left Channel 3 abruptly in September, has landed at Channel 6. A 6abc spokesperson said Kartalija is working at the station as a part-time reporter. At Channel 3, she was co-anchor to Ukee Washington for 6 and 11 p.m. newscasts. Kartalija’s move to Channel 6 is interesting because while personnel at most of the station’s competitors play musical chairs, “Action News” rarely takes on someone who has been on a different outlet’s air. While I can cite several notable defections from Channel 6 to other pastures — Larry Kane, Marc Howard, Dave Frankel, Steve Levy, Mike Strug — I can only think of one previous time 6abc hired someone who’d worked for a rival. That was Jillian Mele, who had been at Channel 10 and on NBC Sports Philadelphia’s “Breakfast on Broad.” Mele came and went from Channel 6 within a year. When leaving Channel 3, Kartalija said in a Facebook message that she didn’t know what was next for her but that she intended to stay in the Philadelphia area. Channel 6, with its 46 consecutive years of highest market ratings and congenial format, is a great spot for anyone in television news to find a berth. It will be interesting to see how Kartalija progresses at her new station. Meanwhile, the last person who left Channel 6 with some splash, sportscaster Jamie Apody, has surfaced periodically on Channel 29 and did well appearing recently with Fox Philly regulars Breland Moore and Jason Martinez on a “Phantastic Sports Shows” that preceded an important Eagles game (and win!). Mike Schmidt, who people, and at least one Broadway play, have argued is the best third baseman in the history of baseball is the subject of a documentary, fittingly called, as Harry Kalas would say, “Michael Jack Schmidt,” and streaming at 8 p.m. Thursday on the MLB Network. The program marks the first time MLB has profiled a Phillie or any Philadelphia athlete. Schmidt, who retired in the middle of the 1989 season, was interviewed and no doubt speaks openly about his career, which included three Most Valuable Player citations in 1980, 1981 and 1986. Subjects discussed included the love, tension, and conflict he felt towards Phillies fans. Two of Schmidt’s luminous contemporaries, catcher Johnny Bench from the Cincinnati Reds and fellow third baseman — and 1980 MVP recipient from the American League — George Brett from the Kansas City Royals, will talk about playing against Schmidt and his demeanor on the field. Like Schmidt, both Bench and Brett have been admitted to Major League Baseball’s Hall of Fame. Three Sixers veterans, Julius Erving, Charles Barkley, and Doug Collins will speak about what it’s like to be a professional athlete in Philadelphia. John Middleton, Phillies’ chief partner and CEO, is interviewed along with former Phils and Schmidt teammates Larry Bowa, Larry Andersen, John Kruk, Garry Maddox and Von Hayes. Schmidt’s wife of more than 50 years, Donna, and longtime baseball analyst Jayson Stark are also seen in the documentary. Good news on several fronts. Peacock has announced a second season for its currently unfolding hit, “The Day of the Jackal.” The best new series of the season, “Jackal” stars Eddie Redmayne as a cold-bloodedly professional assassin who nonetheless wins audience support, even after the sad killing of someone who helped him in one of his more complicated assignments. It prominently features Lashana Lynch as an equally ruthless MI-6 agent in what turns out to be a frustrated pursuit of the Jackal. Knowing there’s to be a second season answers one question. The Jackal survives his current skein of assassinations, unlike the outcomes in the 1971 novel by Frederick Forsyth or the 1973 movie with Edward Fox, on a mission to kill Charles DeGaulle. There is also a 1997 movie starring Bruce Willis, but that veers markedly from the tone and story of Forsyth’s thriller. “Thriller” is the perfect way to denote the Peacock series with the excellent Redmayne, who can chill and charm as needed. “Jackal” is episodic, so it keeps fans on tenterhooks awaiting each Thursday when a new hourlong program is released. The final episode of Season 1, which goes into much more than the Jackal’s murderous ways or his adversaries’ unlikeable tactics in trying to foil him, airs this week. Lynch’s agent can seem more disregarding and willing to use or expend people than the Jackal. Can’t wait. For either the ending or Season 2. Another episodic show that keeps me returning to see all of its intricacies is “Before,” on Apple TV, which is steadily becoming an outlet to keep constant track of. “Before” has so many twists and turns, it keeps you active in wondering how everything ties together. Threads include a boy, age 8 (Jacobi Jupe) who keeps hovering around the Brooklyn home of a renowned but mostly retired child psychologist (Billy Crystal) who has secrets and mysteries on his own. One involves the death of his wife (Judith Light) by alleged suicide but possible murder just before the boy begins to be seen or leave traces of himself. The psychologist is so talented, that he is drawn back to practice by social workers and court officials who believe he alone can help specific children. It is in this context that he agrees to tackle a new case, one that turns out to be — you guessed it! — the troubled boy who keeps seeking his attention. The psychologist has become familiar with the boy, a frequently placed and frequently returned foster child, now in the care of a woman (Rosie Perez) who lives a few blocks from him, albeit in an apartment, in Brooklyn. The plot becomes complex when the child seems to know the psychologist and, on some level, fear him. Meanwhile, the doctor is sincere in wanting to quell the boy’s debilitating anxiety. The weekly release of each part of “Before” adds to its suspense. So many threads are dangled, so much engages your attention and starts you guessing, you look forward to Fridays and each new set of information and clues. For Crystal, an executive producer of “Before,” the psychologist’s role is a change of pace. While Crystal’s doctor gets to reel off some of the caustic bon mots for which the comedian is known, his part is serious, and he approaches it so. In fact — and this may only be me — I know I’m watching Billy Crystal, a performer I’ve enjoyed since his days as Jody on “Soap,” but I have the impression I’m seeing Dustin Hoffman. That’s a compliment. Crystal brings so much nuance and texture to the psychologist, especially when the doctor is trying to solve some conundrum in the boy’s care or is confronted with something difficult about his alleged past or relationship with his late wife, he mirrors the depth and intensity of Hoffman. Jacobi Jupe also has a remarkable range for a child actor, good as that breed is these days. He makes you share his fears and apprehensions and believes there is truth behind what at first sounds like strange pronouncements or an unexpected explanation, as when he is showing the psychologist a picture he’s painted and pointing out who different figures are. Writer Sarah Thorp keeps you coming back to each episode and some key information has yet to be revealed. For instance, it would be odd for a performer of the caliber of Judith Light to accept a role that is so unfulfilled eight episodes into a 10-part series. I, for one, am waiting for the sequence in which we learn more about Light’s character and see a proven actress doing work that might daunt others. Rosie Perez is touching as the foster parent who wants a child and is keen to have Jupe’s troubled child in her life. There is also fine work by Sakina Jaffrey and Ava Lalezarzadeh. Six stars, five from show business, and one from football, strip to bring attention to charities involved in men’s health on a two-hour special, “The Full Monty,” airing at 8 p.m. Monday on Fox (Channel 29). Lighting will mask the final moment when “black-ish’s” Anthony Anderson, James Van Der Beek, Taye Diggs, “Dancing with the Stars’ ” Bruno Tonioli, Tyler Posey, and Kansas City Chiefs defensive tackle Chris Jones bare all in an effort to create awareness and boost gifts to the Prostate Cancer Foundation, the Colorectal Cancer Alliance, and the Testicular Cancer Society. In addition to their strip, you’ll see footage of the men working with choreographer Mandy Moore. Van Der Beek, for one, talks about his experience with cancer. Among his and his castmates’ goals is to encourage men to be tested for illnesses that are better controlled the earlier they are found. Nick Kayal, who helms the 6 to 10 a.m. weekday show on WPHT (1210 AM), was impressed by having a piece he wrote about Pennsylvania politics picked up by one of my favorite news sources, Real Clear Politics (RCP). I depend on RCP and other online news outlets, such as The Free Press and Substack, to offer a panoply of stories from several publications and broadcast organizations, even X, to keep me informed about what folks on both sides of an issue. While the sites I mentioned lean toward the conservative, as do I, a down-the-line libertarian, they carry articles offering opposing and alternative points of view. They allow me to compare issues from varying angles and determine where I stand, rather than offering the outright propaganda and skewed ideology that mar most newspapers and render television news — networks, cable, or streamers — frequently unwatchable. Kayal’s sidekicks on ‘PHT are Greg Stocker and Dawn Stensland, who takes the mic from 10 a.m. to noon with her own show. Others on 1210 are my estimable friend, Dom Giordano (noon to 3 p.m.), with whom I hope to be heard again now that some of the politics has cooled down, and Rich Zeoli (3 to 7 p.m.). The recent election inflated some cable news stations’ ratings. Since the Nov. 5 voting, which declared Donald Trump the winner over Kamala Harris, both CNN and MSNBC have seen diminished ratings. On some days, they look like half of what they were when Trump and Harris were vying for the presidency. Alas, there was no Philadelphia finalist in 2024 for Kelly Clarkson’s “Good Neighbor of the Year Award,” but while listening to the stories of this year’s group of nominees, the second in which Clarkson and staff did an extensive national search to nominate local charities doing extraordinary work, I thought back to the amazing young local man I saw during Clarkson’s 2023 “Good Neighbor” cycle. Tyrique Glasgow confronted what seemed like the overwhelming adversity of his past to positively renew his life by founding the Young Chances Foundation which does a wealth of important work in his South Philadelphia community. Nominated last year by Channel 10’s Frances Wang, Glasgow used earnings and donations triggered by “The Kelly Clarkson Show” (3 p.m. weekdays on Channel 10) to obtain a 25-passenger van to transport seniors and others in his community, only one among several services Young Chances provides. Tyrique was so impressive, that I recalled him as this year’s candidates were speaking. The winner and recipient of a $100,000 prize last year was A Place at the Table from Raleigh, N.C. This year’s finalists are from Phoenix, D.C., Dallas, Atlanta, Kansas City, Cleveland and Seattle.

Walmart finally restocked the $249 Ninja SLUSHi and fans are grabbing it ‘frost’ and furiouslySome passive income ideas really are simple. Here’s one!BOILING SPRINGS, N.C (AP) — Leo Colimerio scored 27 points and Queens University held off Gardner-Webb 85-83 on Saturday. Colimerio shot 8 for 12 (3 for 5 from 3-point range) and 8 of 9 from the free-throw line for the Royals (6-5). He made two foul shots with 9 seconds left to give the Royals a four-point lead. Malcolm Wilson scored 11 points, finishing 5 of 6 from the floor. Nasir Mann shot 3 for 6, including 2 for 4 from beyond the arc to finish with nine points. Darryl Simmons II finished with 23 points and two steals for the Runnin' Bulldogs (4-7). Jamaine Mann added 18 points and seven rebounds. Pharell Boyogueno had nine points and four assists. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

A big battery will plug into the solar corridor to the south of Canberra, with the profits to go to the taxpayer in a revenue-sharing first. Located next to existing powerlines and solar farms, construction has begun on Eku Energy's $400 million project that will bring 200 jobs for local tradies. The 250 megawatt/500 MW hour Williamsdale battery energy storage system located 35km south of Canberra will store enough renewable energy to power one-third of the capital for two hours during peak demand periods when it comes online in 2026. A critical energy asset for greater energy security and a bulwark against future price spikes, it is also a crucial step in the fight against climate change, according to ACT Chief Minister Andrew Barr. Importantly, a revenue-sharing deal means profits from the project will flow to the ACT and pay for more clean energy and other services for a growing population, he said in Williamsdale. "That is an important principle for our community, who want to see investment in renewable energy and battery storage not only supporting the effectiveness and reliability of our energy network but generating revenue." Recently re-elected and already the nation's longest-serving political leader, Mr Barr says the revenue-sharing model could be extended nationally as a good template for government procurement. Working with Evoenergy, Tesla Energy and the Australian Energy Market Operator, the Williamsdale battery will also be part of the NSW energy market and the broader east coast energy market. "The electrons flow in real time so what we would be replacing is the next most expensive form of generation when we dispatch," Eku Energy chief executive Daniel Burrows told AAP. It will provide additional supply when the market is tight, which should help lower wholesale prices and support making more clean energy available when it is required, he said. The battery will also provide more grid security by responding within milliseconds to demand and storing energy when it is abundant. "What we have in Australia is a prevalence of distributed energy - rooftop solar, large-scale wind and batteries - and a reasonably sophisticated grid," Mr Burrows said. "As we're doing business all around the world, other businesses, other governments, other industry players are looking to what happens here as to how we might manage the energy transition." Not a player in a nuclear energy future, he says Eku Energy focuses on projects that are "genuinely the most cost-effective and will stand the test of time". A $500 million community grants program set up by the company will be available to eligible local non-profit organisations for employment and education, social and environment initiatives. Another $500,000 will go to an Australian National University program that has been a testing ground for neighbourhood batteries and other technology. "Research funding in this area helps ensure we remain at the forefront of advancing technology for a clean energy future," Battery Storage and Grid Integration Program co-director Heather Logie says. Minister for Climate Change, Environment, Energy and Water Suzanne Orr donned high-vis gear to shovel dirt alongside Mr Barr in her first public engagement in her new portfolio. Simon Corbell, the architect of the ACT's clean energy transition as a Labor minister more than a decade ago, is one of her heroes, she told AAP. "Everyone has a different journey in coming to politics and mine has definitely been flavoured by the environmental movement," she said. Ms Orr, first elected in 2016, replaced former energy and emissions reduction minister Greens Leader Shane Rattenbury in the new government that has taken power without the ACT Greens as a partner. Canberra has already achieved a nation-leading 100 per cent renewable electricity supply and the ACT is aiming for net-zero emissions by 2045. The territory is phasing out household gas, with support for households to buy new appliances, electric vehicles, solar panels and batteries. But Ms Orr said the next stage of the transition will be more than "care and maintenance" of what has already been achieved. "I don't think anyone wants to rest on their laurels," she said. The Big Canberra Battery project that Mr Barr began as climate action minister will include the large-scale system in Williamsdale and neighbourhood-scale batteries at nine government sites.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. 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. Get the latest local business news delivered FREE to your inbox weekly.

Mighty DPP invades once mighty MCP bedroomBuchanan scores 28 off the bench, Boise State downs South Dakota State 83-82

Reaction came too late, says City boss after 3-0 defeat to AltrinchamHUNTINGTON, W.V. (AP) — Marshall has withdrawn from the Independence Bowl after a coaching change resulted in much of its roster jumping into the transfer portal. The Thundering Herd were slated to play Army on Dec. 28 in Shreveport, Louisiana. But the Independence Bowl and Louisiana Tech announced on Saturday that the Bulldogs will take on the 19th-ranked Black Knights instead. Marshall said it pulled out “after falling below the roster minimum that was deemed medically safe.” The Herd (10-3) beat Louisiana-Lafayette 31-3 last weekend to win the Sun Belt Conference Championship for the first time. The program has won seven games in a row in the same season for the first time since 2020. “We apologize for the nature and timing of this announcement and for the turmoil it has brought to bowl season preparations for Army, the Radiance Technologies Independence Bowl, the American Athletic Conference and ESPN,” Sun Belt Commissioner Keith Gill said in a statement. Coach Charles Huff left Marshall for Southern Miss last Sunday, and Tony Gibson, the defensive coordinator at North Carolina State, was announced as his replacement less than an hour later. By Thursday, at least 25 Marshall players had entered the transfer portal. Gibson held a meeting shortly after arriving on campus in Huntington to introduce himself to the team. He followed that up with phone calls, text messages and more meetings Friday and Saturday. “Any time coaches leave to take other jobs, it is emotional,” Gibson said at a news conference Thursday. “And kids that are 18-to-22 years old are going to make emotional decisions instead of just breathing for a day or two.” It's the first bowl for Louisiana Tech (5-7) since 2020. The Bulldogs have won two of their last three games, but they haven't played since a 33-0 victory over Kennesaw State on Nov. 30. “We are excited to accept the opportunity to play in the Radiance Technologies Independence Bowl against a fantastic and storied program as Army,” Louisiana Tech athletic director Ryan Ivey said in a release. “I believe our football program is moving toward positive structure and the opportunity to play in this bowl adds to that momentum. We are looking forward to being in Shreveport for this matchup.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

The ultimate good health gift guide: Boost your loved ones' wellbeing for 2025 with our health gurus' Christmas picks By MAIL ON SUNDAY Published: 16:54 GMT, 8 December 2024 | Updated: 17:06 GMT, 8 December 2024 e-mail View comments From a blender that makes healthy ice cream at push of a button to goggles that show how far you've swum, we've created the ultimate 2024 gift guide for you to treat your health-conscious loved ones this Christmas ... Must-have tech Fitbit Sense 2 advanced smartwatch £219 The latest smartwatch from health and fitness line Fitbit is brand's most advanced – able to identify users' stress patterns as well as advise on managing users with guided breathing exercises and meditation. It also analyses sleep patterns, monitors heart rate and much more. ee.co.uk Fitbit's latest smartwatch (left) is able to identify users' stress patterns, while Suri's electric toothbrush has taken social media by storm for its compact size and sustainable make-up Suri Sustainable Electric Toothbrush, now £63.75 This award-winning device took social media by storm this year. It's half the size of traditional electric toothbrushes – making it portable – and is also made from sustainable materials. trysuri.com DeluxeSkin Period Pain Relief £79.99 This battery-operated device uses a combination of heat and massage therapy to relieve period pain and cramping. It is cordless and can be worn discreetly under clothes – a vast improvement on clutching a hot water bottle to your stomach. Battery life is about three hours. deluxeskin.uk DeluxeSkin's device uses a combination of heat and massage therapy to relieve period pain and cramping, while OpenSwim's headphones using bone-conduction technology that converts sound to vibrations which travel into the inner ear OpenSwim Pro bluetooth waterproof on-ear headphones £135 These miraculous headphones by Shokz are 100 per cent waterproof – using bone-conduction technology that converts sound to vibrations which travel into the inner ear. They work in depths of up to two metres for two hours, as well as on dry land. argos.co.uk Fit for Christmas Form Smart Swim 2 goggles £249 These futuristic goggles provide real-time metrics as you swim – displaying heart rate, time, distance, pace and stroke rate on the lenses. Wearers can opt in to personalised coaching, as well as workout and training plans, which provide motivating lap-by-lap instructions in the goggles. They have a 14-hour battery life. selfridges.com These Form Smart Swim 2 futuristic goggles provide real-time metrics as you swim, while WholyMe's Target relief balm uses natural ingredients to soothe aches in muscles and joints WholyMe Target relief balm £34.99 Packed with 12 powerful natural ingredients, including arnica, juniper and frankincense, this organic balm – free of ultra-processed ingredients – soothes aches in muscles and joints. boots.com Cork foot massage tools set £37 This set, made by classic German sandal company Birkenstock comes with two massage balls and a roller to ease tension and soothe achy soles. birkenstock.com Birkenstock's massage tools set includes two balls and a roller to ease tension and soothe achy soles, while Gen Z's favourite runners, Hokas, have ultra-padded soles and are amazingly light Hoka Clifton 9 £130 Gen Z's favourite running shoe Hoka have ultra-padded soles but they are amazingly light – making for an even more effortless walk or jog. And the colour range would please any runner wanting to impress. jdsports.com Treats for food fans Wonder Oven £155 The latest offering from cult cookware brand Our Place is a six-in-one oven that can air fry, bake, roast, grill, reheat and toast. It requires far less oil than other methods, which produces much healthier meals. selfridges.com Our Place's Wonder Oven is a six-in-one oven that can air fry, bake, roast, grill, reheat and toast, while Tenderheart is a cookbook that can help you achieve your five-a-day with delicious dishes Tenderheart by Hetty Lui McKinnon £35 This cookbook can help achieve your five-a-day, with each chapter dedicated to a different fruit or vegetable. It is full of healthy yet delicious dishes that can turn veg from a side dish into the main event. waterstones.com Ninja Creami ice cream & frozen dessert maker £149.99 This ice-cream maker can transform frozen fruit into sorbet in minutes. For healthier alternatives to the naughty tub of Ben & Jerry's, you can also use the machine to create your own frozen yogurt, smoothies and more. johnlewis.com Ninja's ice-cream maker can transform frozen fruit into sorbet in minutes, and drinking rose chai tea can ease pain and inflammation, aid digestion, relieve cramps and protect cells JP's Originals Rose Chai Tea £12 Natural health advocates claim rose tea can ease pain and inflammation, aid digestion, relieve cramps and even protect cells from 'damage'. It also smells gorgeous and is wonderfully soothing and relaxing to drink. harrods.com Grandkids go-to Gisou Honey Infused Hair Oil £19 This TikTok-famous hair oil comes with tween and teen approval. The serum combines Mirsalehi honey, coconut and sweet almond oil to quench dry hair and repair damage right at the cuticle. Hair looks shinier, less frizzy and more supple – and we think it's the bee's knees. selfridges.com Gisou's TikTok-famous hair oil comes with tween and teen approval, as does the Owala Freesip water bottle Owala Freesip water bottle £23 Move over Stanley, the Owala is the new cult water bottle. The stainless-steel flask has triple-layer insulation to keep drinks cold, can be sipped or swigged, and comes with a flip-top that can be locked shut to keep germs out and stop leaks. It also comes in a dazzling array of colours. owalalife.com Cosrx Advanced Snail 96 Mucin Power Essence gel £24.99 This serum, which went viral earlier this year, is made from snail slime – and is surprisingly effective. It reduces redness, hydrates the skin, smoothes blemishes and is safe for most skin types – including sensitive and young skin. selfridges.com Cosrx's serum reduces redness, hydrates the skin, smoothes blemishes and is safe for most skin types. Pickleball has taken Britain by storm, and is great for getting the kids moving Nettie Pickleball Set £140 Get the kids in your life moving with this fun pickleball set – the racket game that took Britain by storm this summer. The kit comes with two brightly coloured paddles, pickleballs and sweatbands – plus a handy tote bag to carry all the gear around. freepeople.com Beauty bonus boost Dermalogica Pro-Collagen Banking Serum £89 Y2K (the trendy term used by Gen Z to describe the 2000s) skincare brand Dermalogica is having a comeback with its heralded collagen serum – said to firm skin and protect it from pollution damage. selfridges.com Dermalogica's Pro-Collagen Banking Serum is said to firm skin and protect it from pollution damage, while Isamaya and Facegym's Sculpt tool helps release tension while contouring Isamaya x Facegym Sculpt 01 £50 It may look like a torture device, but Facegym's latest tool is nothing but pleasurable. Each part of the facial massager targets a different area of the face and scalp, releasing tension while contouring the jaw and lifting the brows. facegym.com Dyson Airwrap i.d. multistyler and dryer £479.99 Dyson's futuristic Airwrap – which uses hot air to curl or straighten hair without causing heat damage – produced with a new edition this year. This has six different brushes, dryers and curling barrels in two colours. dyson.co.uk Dyson's Airwrap uses hot air to curl or straighten hair without causing heat damage. Biodance's Bio-collagen Real Deep Mask is said to give flawless 'glass skin' Bio-collagen Real Deep Mask £28 These Korean collagen face masks by Biodance wowed fans on the internet this year – and are said to be the ultimate ticket to flawless 'glass skin'. The full-face mask turns clear when the ingredients have soaked in and peels off in a satisfying sheet. Box of four. superdrug.com Dream gifts Body Compression Sock £96 Ever heard the phrase 'sleep like a baby'? Now (at a price) you can. Swaddelini's adult swaddle helps cradle you to sleep, with soft fibres that allow for breathable compression. It's gone viral on TikTok thanks to those who've used it to help nod off during red-eye flights. swaddelini.com Swaddelini's adult swaddle helps cradle you to sleep, while Ross J. Barr's sleep patches go on your temples 15 minutes before bed to help ease you into sleep Ross J. Barr Sleep Patches £15 Pop these patches on your temples 15 minutes before bed to ease into sleep quickly and help deeper rest. They work best when you massage in the essential oils to release the herbs, and can be left on all night. rossbarr.com Ostrichpillow Heatbag £60 Did you know hot water bottles have a two-year lifespan – and ignoring this risks one bursting with disastrous consequences? This microwavable heatbag is great for soothing aches and pains, snuggling on the sofa, or keeping toes warm without the same dangers. ostrichpillow.co.uk Ostrichpillow's microwavable heatbag is great for soothing aches and pains. Briiv's air purifier uses natural materials to filter out toxins as you sleep Briiv Air Filter £329 ( briiv.co.uk ) Some studies estimate that indoor air pollution can be three-and-a-half times worse than outdoor pollution in British towns and cities, so it's vital to ensure the air in our homes is as clean as possible. This air purifier uses natural materials – equivalent to hundreds of houseplants – to filter out toxins as you sleep. TikTok Share or comment on this article: The ultimate good health gift guide: Boost your loved ones' wellbeing for 2025 with our health gurus' Christmas picks e-mail Add commentBroad jump

Manyise who was a radiographer by profession died on Sundayafter an InterAfrica bus he was travelling in rammed into a stationary trucknear Dabuka along the Harare-Bulawayo Highway. He was among the seven passengers who died on the spot. Hisbrother Dr Maseko Manyise confirmed the death in a telephone interview with TheMirror. Manyise was buried in Mavhungwe area under Chief Nyajena on Thursday. Weare saddened by the untimely death. He was a minister in the church, an exceptionalcommunicator and was remarkable in the way he solved problems. He was asociable man and he impacted the lives of people through his sound advice andinspiration,” said Dr Manyise. The deceased was working at Fort Street Medical and DentalSurgery in Bulawayo. He did his primary education (Grade 1-3) at Chiwawa inNyajena from 1985 to 1987. He transferred to Nyajena primary and completedGrade 7 in 1987. He went to Nyabata High for his Ordinary Level education.He joined the Army in 1998 and fought in the DRC war from 1999-2000. He trainedas a radiographer during his stint in the Army. He obtained a Theology Degree in 2022 from the NationalUniversity of Science and Technology. He retired from the Army in 2021 andjoined the private sector as a radiographer based at Fort Street Medical andDental Surgery in Bulawayo. The deceased who was a member of the Mutendi -ZionChristian Church (ZCC) is survived by his wife Rejoice Chihanga and twochildren, a girl (20) and a boy (15). Masvingo Mirror

Menendez brothers' bid for freedom delayed until JanuaryMarshall withdraws from Independence Bowl matchup against Army

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