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(BPT) - The holidays are almost here! It means parties and events, hustle and bustle ... and figuring out what to buy for everyone on your list. Sometimes it's hard to get inspired with great ideas that your nears and dears will love at a price you can afford, right? The good news? Inspiration + savings are covered this year. One of the top gifts of Holiday 2024 is technology, and there are a lot of deals out there right now. Done and done! Here are 5 ideas for hot tech gifts for everyone on your list. Smartphones for the family T-Mobile is running a hot deal right now. Get four new smartphones at T-Mobile — this includes Samsung Galaxy S24 and other eligible devices — and four lines for just $100/month . It doesn't get better than that! These new Galaxy phones are tech-tastic, too, with features like AI, Circle to Search with Google, which can be used to help solve math problems and translate entire pages of text in a different language, and Note Assist with Galaxy AI, which lets you focus on capturing your notes and then Note Assist will summarize, format and even translate them for you. High tech spiral notebook for students We've got to admit, this is pretty cool. The Rocketbook looks (a bit) like a regular spiral, paper notebook. Here's the high tech twist: You can take notes, capture ideas, brainstorm, draw — whatever you do on paper — on the pad, and the Rocketbook digitizes your doodles and saves to the cloud device of your choice. Then you simply wipe the pad clean and it's good to go. Look for Black Friday and Cyber Monday sales at your favorite online retailer. Wrist-worthy smartwatches for athletes (or those who want to be) Everyone loves smartwatches (if you're not already tracking your sleep and heart rate, where have you been?) and the Google Pixel Watch 3 (41mm & 45mm) takes it to the next level with features for athletes or anyone who may be setting fitness goals for the coming year. The watch has workout prompts like Real Time Guidance — audio and haptic cues for when to sprint, cool down or maintain pace. It gives you the ability to program your workouts and even monitors your cadence and stride. It also has Offline Maps, with driving navigation, search and maps. Here's the deal of the century: Get it for free at T-Mobile when adding a qualifying watch line. Cute wireless keyboard for people who are all thumbs Who else is annoyed by typing email or texts or social posts on a smartphone? The Logitech Multi-Device Wireless Bluetooth Keyboard solves that problem with style! It comes in sweet colors like lavender, it's wireless, it's small and portable, and it works with just about any device. Pop it into your backpack or purse and you'll never have to thumb-out a message again. Speakers perfect for hosting and giving Have a music lover in your life or need the perfect hosting gift? T-Mobile has you covered. For a limited time, you can get the JBL Clip 5 for free when you pick up a Harman Kardon Onyx Studio 9 . The JBL Clip 5 is an ultra-portable Bluetooth speaker perfect for those on the go and the Onyx Studio 9's sleek design and booming sound will take care of all your holiday hosting needs. For more tech-tastic holiday gift inspiration, check out T-Mobile's holiday gift guide at t-mobile.com/devices/tech-gifts .The 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 . CHICAGO (AP) — (AP) — Des Watson led Loyola Chicago with 14 points and sealed the victory with a 3-pointer with 32 seconds remaining as the Ramblers knocked off South Florida 74-72 on Saturday. Watson shot 3 for 15 (2 for 8 from 3-point range) and 6 of 8 from the free-throw line for the Ramblers (8-0). Kymany Houinsou scored 12 points while finishing 5 of 7 from the floor and added seven rebounds and five assists. Jalen Quinn had 12 points and shot 4 of 8 from the field and 4 of 4 from the free-throw line. The Ramblers extended their winning streak to eight games. The Bulls (5-4) were led by Jayden Reid, who recorded 23 points, seven rebounds and four assists. Kasen Jennings added 13 points for South Florida. Jamille Reynolds had 12 points, 11 rebounds and four assists. Justin Moore scored six points in the first half and Loyola Chicago went into the break trailing 38-35. Watson scored a team-high nine points for Loyola Chicago in the second half, including their game-winning shot in the final minute. NEXT UP Loyola Chicago next plays Sunday against San Francisco at home, and South Florida will visit Utah State on Saturday. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
CHARLOTTE, N.C. — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. Front Row made the claim in a court filing and said it involved its proposed purchase of the charter from Stewart-Haas Racing. Front Row said the series would only approve it if Front Row and 23XI Racing dropped their court case. "Specifically, NASCAR informed us that it would not approve the (charter) transfer unless we agreed to drop our current antitrust lawsuit against them," Jerry Freeze, general manager of Front Row, said in an affidavit filed in the U.S. District Court of Western North Carolina. The two teams in September refused to sign NASCAR's "take-it-or-leave-it" final offer on a new revenue sharing agreement. All other 13 teams signed the deal. Front Row and 23XI balked and are now in court. 23XI co-owner Michael Jordan has said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR has argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Earlier this week, the suit was transferred to a different judge than the one who heard the first round of arguments and ruled against the two teams in their request for a temporary injunction to be recognized in 2025 as chartered teams as the case proceeds. The latest filing is heavily redacted as it lays out alleged retaliatory actions by NASCAR the teams say have caused irreparable harm. Both Front Row and 23XI want to expand from two full-time cars to three, and have agreements with SHR to purchase one charter each as SHR goes from four cars to one for 2025. The teams can still compete next season but would have to do so as "open" teams that don't have the same protections or financial gains that come from holding a charter. Freeze claimed in the affidavit that Front Row signed a purchase agreement with SHR in April and NASCAR President Steve Phelps told Freeze in September the deal had been approved. But when Front Row submitted the paperwork last month, NASCAR began asking for additional information. A Dec. 4 request from NASCAR was "primarily related to our ongoing lawsuit with NASCAR," Freeze said. "NASCAR informed us on December 5, 2024, that it objected to the transfer and would not approve it, in contrast to the previous oral approval for the transfer confirmed by Phelps before we filed the lawsuit," Freeze said. "NASCAR made it clear that the reason it was now changing course and objecting to the transfer is because NASCAR is insisting that we drop the lawsuit and antitrust claims against it as a condition of being approved." A second affidavit from Steve Lauletta, the president of 23XI Racing, claims NASCAR accused 23XI and Front Row of manufacturing "new circumstances" in a renewed motion for an injunction and of a "coordinated effort behind the scenes." "This is completely false," Lauletta said. Front Row is owned by businessman Bob Jenkins, while 23XI is owned by retired NBA Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin and longtime Jordan adviser Curtis Polk. NASCAR had been operating with 36 chartered teams and four open spots since the charter agreement began in 2016. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. The teams contend they must be chartered under some of their contractual agreements with current sponsors and drivers, and competing next year as open teams will cause significant losses. "23XI exists to compete at the highest level of stock car racing, striving to become the best team it can be. But that ambition can only be pursued within NASCAR, which has monopolized the market as the sole top-tier circuit for stock car racing," Lauletta said. "Our efforts to expand – purchasing more cars and increasing our presence on the track – are integral to achieving this goal. "It is not hypocritical to operate within the only system available while striving for excellence and contending for championships," he continued. "It is a necessity because NASCAR's monopoly leaves 23XI no alternative circuit, no different terms, and no other viable avenue to compete at this level."Zoren: Kudos again for 6 ABC’s takeover of Turkey Day paradeCanada not a significant source of fentanyl flowing into U.S., CBSA saysTariffs, tax cuts core to Trump’s economic agenda
PARIS >> President-elect Donald Trump, French President Emmanuel Macron and Ukraine’s leader Volodymyr Zelenskyy held talks in Paris today, brought together by a grand ceremony to mark the reopening of Notre Dame Cathedral. Macron convened the trilateral meeting ahead of an evening event he was hosting to celebrate the cathedral’s restoration five years after it was ravaged by fire. Zelenskyy and European leaders have been concerned that Trump, who takes office next month, could withdraw U.S. military aid to Ukraine at a crucial juncture in Kyiv’s battle to repel Russia. Zelenskyy said the meeting was “good and productive” and that the three men agreed to continue working together. “President Trump is, as always, resolute. I thank him,” Zelenskyy wrote on social media platform X. “We all want this war to end as soon as possible and in a just way.” Trump was on his first trip overseas since winning last month’s presidential election and the visit to Paris was seen as offering Macron an early opportunity to play the role of mediator between Europe and the incoming president, a role the French leader has relished in the past. Macron is a strong supporter of the NATO alliance and Ukraine’s fight, while Trump feels European nations need to pay more for their common defense. He has said a negotiated settlement is needed to end the Ukraine war. Arriving at the Elysee Palace, Trump told Macron they had enjoyed “really great success” working together during his first term in office. “And it certainly seems like the world is going a little crazy right now. And we’ll be talking about that,” Trump added. Trump gave Zelenskyy a firm handshake and patted him on the back before Macron stood between them and Trump smiled for the camera. The meeting between the three men lasted about 20 minutes. By inviting Trump to the reopening of Notre Dame, Macron was repeating a personalized approach that had some limited success during Trump’s first term, said Heather Conley, senior adviser to the board of the German Marshall Fund, which promotes U.S.-European ties. “Mr. Macron knows Mr. Trump greatly appreciates the pomp, circumstance and grandeur of state and he provides it to him in abundance,” Conley said. Trump later joined world leaders, royals and business tycoons for a ceremony that got underway with the tolling of Notre Dame’s great bourdon bell. Trump, who will be sworn in on Jan. 20, has already held discussions with a number of world leaders and members of his team are trying to get up to speed on a number of world crises, including Ukraine and the Middle East. Trump, a Republican, was in power when Notre Dame was devastated by fire in 2019 and visited France four times while president from 2017-2021, including D-Day anniversary ceremonies in 2019. “Symbolically, both Mr. Trump’s presidency and Notre Dame have been restored in approximately the same time period. His visit to Paris is also the opening salvo of his return to the world stage, further diminishing the final days of the Biden administration,” Conley said. President Joe Biden’s wife, first lady Jill Biden, was representing the United States at the Notre Dame event. Republican strategist Doug Heye said Trump would convey a statesman-like position in Paris. “It’s not images of him at Mar-a-Lago,” Heye said, referring to Trump’s Florida home where he has spent the bulk of his time since the election. “This is the biggest event of the world and he’ll be peer-to-peer with other leaders.” Macron, who is grappling with a deep political crisis at home after his government was ousted by parliament this week, pursued a non-confrontational approach toward Trump during the latter’s first term, hoping that by engaging with him he could win concessions. But as the years passed, policy decisions on climate, taxation and Iran in particular caused friction between the two leaders. By the end it was a more fractious relationship. There could well be disputes in Trump’s second administration, fueled by Trump’s desire to impose sweeping tariffs on Europe and other U.S. trade partners, and disagreement over how to handle the Ukraine-Russia conflict. Macron invited Trump to the annual Bastille Day military parade in Paris in July 2017, a spectacle that inspired Trump to order up his own military parade in Washington to mark America’s Independence Day in 2019. Trump hosted Macron at a White House state dinner in 2018, but a year later the two quarreled over comments Macron made about the state of NATO. “Trump coming to Paris is a ‘good coup’ by Emmanuel Macron,” said Gerard Araud, a former French ambassador to Washington. “It is indispensable to have a direct relationship with the only man who counts in the Trump administration, Trump himself.”None
Broncos, left tackle Garett Bolles agree on 4-year extension to protect rookie quarterback Bo NixStrictly Come Dancing viewers expressed their anger during the semi-final, feeling that Shirley Ballas was being overly complimentary and giving high scores to Pete Wicks. Pete, formerly of TOWIE fame, managed to reach the semi-final stage without once facing a dance-off, even as some deemed better dancers were voted off. Within moments of the semi-final starting, fans took to social media, with commenters suggesting he didn't merit his place in the competition beside Chris McCausland, Tasha Ghouri, JB Gill, and Sarah Hadland. And the outrage intensified after Pete's initial dance when head judge Shirley heaped acclaim on him, even nicknaming him 'Mr Strictly'. Shirley addressed Pete, stating: "You are Mr Strictly Come Dancing. You are what this show is about. Everybody at home, all the parents, will be sitting there and thinking, 'if Pete can do it, I can do it' and you will inspire people to go to the dance studio." She added: "You had no experience whatsoever coming in. I thought you did a very good job on your footwork and your neckline.... week one you were like this and today you were shining. You didn't make any mistakes, you did a grand job. You should walk with your head high - you are absolutely Mr Strictly Come Dancing," reports the Mirror . She then scored him high above the rest a nine out of 10 culminating in an impressive 32 out of 40 overall. Fans accused Shirley of favouritism, taking to social media platform X to vent their frustrations. One viewer exclaimed: "SHIRLEY CALLING PETE MR STRICTLY COME DANCING LIKE MONTELL DIDNT ALSO START FROM NOTHING BUT NEVER GOT THAT PRAISE. The bias is RIDICULOUS." Another wrote: "Sh*rley can retire after calling pete mr strictly come dancing after criticising tasha for coming out of lifts, it's completely unfair to treat contestants so differently. Pete is not the first or last person to start at nothing NOT EVEN IN THIS SERIES." Meanwhile, another added: "shirley calling pete 'mr strictly come dancing' when he shouldn't even be in the semi finals in the first place..." and one stated: "Shirley acting like Pete is God's gift to dancing and giving him a bloody 9." The outrage continued with: "Shirley giving that a 9? ? I've defended her all series but scoring that the same as JB and Sarah? Please.." The controversy comes after the previous weekend's surprise dance-off, which featured Olympian Montell Douglas and Tasha Ghouri fighting to stay in the competition. Eventually, Montell was sent packing following the judges' decision. Strictly Come Dancing is on BBC One and BBC iPlayer
Mum arrested after get ready with me videoCan Trump persuade the Supreme Court to stand aside so he can solve the TikTok problem?
Painstaking diplomacy and then anger at the climate talksNEW YORK , Nov. 25, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global data center IT equipment market size is estimated to grow by USD 73.6 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.44% during the forecast period. Rise in adoption of multi-cloud and network upgrades to support 5g is driving market growth, with a trend towards growing need for edge computing. However, increasing focus on data center consolidation poses a challenge.Key market players include Arista Networks Inc., China Huaxin Post and Telecom Technologies Co. Ltd., Cisco Systems Inc., CoreSite Realty Corp., CyrusOne LLC, Eaton Corp. Plc, Equinix Inc., Extreme Networks Inc., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., IEI Integration Corp., Infineon Technologies AG, International Business Machines Corp., Juniper Networks Inc., NetApp Inc., Nokia Corp., Oracle Corp., and Schneider Electric SE. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2017 - 2021 Segment Covered Product (Server equipment, Storage equipment, Network equipment, and Others), End-user (IT and telecommunication, BFSI, Government and public, Healthcare, and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa) Region Covered North America, Europe, APAC, South America, and Middle East and Africa Key companies profiled Arista Networks Inc., China Huaxin Post and Telecom Technologies Co. Ltd., Cisco Systems Inc., CoreSite Realty Corp., CyrusOne LLC, Eaton Corp. Plc, Equinix Inc., Extreme Networks Inc., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., IEI Integration Corp., Infineon Technologies AG, International Business Machines Corp., Juniper Networks Inc., NetApp Inc., Nokia Corp., Oracle Corp., and Schneider Electric SE Key Market Trends Fueling Growth The Data Center IT Equipment market is experiencing significant trends in the Foodservice Disposables sector. The Plastic segment is currently dominating, but Biodegradable plates are gaining popularity due to increasing Environmental concerns and Sustainability initiatives. The Household sector and Fast food consumption are major drivers, with the Coronavirus pandemic accelerating the shift towards Takeaway food and Food delivery apps. Urbanization and Changing consumer lifestyles are also contributing factors. Industry sources report that Biodegradable plates, particularly those made from renewable resources like sugarcane and cornstarch, are in high demand. The Westernization of food culture, including the growth of Fast-food chains and Small commercial eateries, is also driving sales. Events and Roadside vendors are adopting these eco-friendly options for their Foodservice industry needs. Manufacturing businesses are innovating to meet this demand, offering Customized disposable plates and Sustainable packaging solutions. The Food delivery industry, particularly Foodservice disposables market, is a major sales channel. Millennial consumers, who prioritize Convenience and Hygiene and safety, are a key demographic. However, there are Restraint Factors, including the Environmental impact and the need for Sturdiness and durability, that must be addressed. Overall, the market is expected to continue growing as the Foodservice industry adapts to evolving consumer preferences and Sustainable practices. The edge computing model, which processes IoT-generated data near its source, gained significant traction as the number of Internet-connected devices reached an estimated 11.7 billion in 2020. This massive growth in connected devices has led to the generation of vast amounts of data, driving demand for the global data center IT equipment market. The concept of IoT was popularized in the late 1990s through the use of RFID sensors in logistics and warehouses. As the number of connected devices continues to increase, the demand for data processing and storage solutions will follow suit. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This data center it equipment market report extensively covers market segmentation by 1.1 Server equipment- Data center servers play a crucial role in processing, storing, and distributing data for various applications and workloads. Enterprises and service providers rely on servers to support their operations, with rack servers being the most widely used type. These servers can be installed in frames called racks, accommodating other hardware equipment. Rack servers are popular among enterprises and SMEs due to their suitability for fixed business requirements and efficient use of space. The data center server infrastructure segment has seen significant growth in the past five years and is expected to continue expanding. This growth is driven by the increasing adoption of cloud services, data-intensive applications, and the need for scalable and high-performance computing solutions. The server equipment market is expected to grow steadily during the forecast period, with investments being made in the expansion and building of new data centers, as well as technology refresh cycles. Other server types include blade, tower, and modular servers, each catering to diverse computing requirements. Despite the capital expenditure (CAPEX) model's dominance, there is a shift towards the operational expenditure (OPEX) model to optimize server infrastructure utilization and reduce costs. This trend has also fueled the demand for server consolidation, virtualization, and containerization. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2017 - 2021) Research Analysis The Data Center IT Equipment Market is experiencing significant growth, driven by various factors in the foodservice industry. The plastic segment is currently dominating the disposable plates market due to its affordability and convenience. However, the household sector is shifting towards biodegradable plates as part of a growing trend towards sustainable practices. The coronavirus pandemic has further accelerated this trend as consumers demand more hygienic and disposable options. Urbanization and Westernization have led to an increase in fast food consumption and takeaway food chains, driving demand for disposable plates. Biodegradable plates made from renewable resources, such as sugarcane, corn starch, and potato starch, are gaining popularity due to their biodegradability and eco-friendliness. The food packaging industry is also embracing sustainability, with an increasing focus on sustainable packaging solutions. Millennials, who prioritize convenience and environmental concerns, are a key consumer demographic driving this trend. Restaurants, hotels, and commercial places are adopting customized disposable plates to enhance their branding and customer experience. Sales channels, including food delivery apps and roadside vendors, are also adopting biodegradable plates to meet consumer demand. Manufacturing businesses and the food delivery industry are investing in product innovations to meet the growing demand for sustainable and hygienic disposable plates. Environmental concerns, sustainability, and hygiene and safety are the key driving factors for the market, while restraints include cost and availability of raw materials. Market Research Overview The Data Center IT Equipment Market is experiencing significant growth due to the increasing demand for sustainable and eco-friendly solutions in various industries. One such segment witnessing is the Foodservice Disposables Market, which includes biodegradable plates made of plastic. The household sector, fast food consumption, and takeaway food chains are major contributors to this market's growth. The coronavirus pandemic has further accelerated the trend towards disposable plates due to hygiene and safety concerns. Biodegradable plates are gaining popularity due to their environmental benefits, aligning with the growing trend of sustainable packaging. Urbanization and Westernization have led to an increase in the number of commercial places, hotels, and restaurants, driving the demand for disposable plates. The foodservice industry, including roadside vendors and events, also contributes significantly to the market's growth. Product innovations, such as customized disposable plates, are trending, catering to the changing consumer lifestyles and preferences of millennials. The food delivery industry, including food delivery apps, is also driving the demand for biodegradable plates due to their convenience and sustainability. However, the market faces restraints due to the environmental impact and the need for sturdiness and durability. Overall, the Data Center IT Equipment Market's growth is influenced by various factors, including sustainability, convenience, changing consumer lifestyles, and environmental concerns. Industry sources suggest that manufacturing businesses are focusing on product innovations to cater to the evolving market demands. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/data-center-it-equipment-market-to-grow-by-usd-73-6-million-2024-2028-driven-by-multi-cloud-adoption-and-5g-network-upgrades-ai-redefining-market-landscape---technavio-302314113.html SOURCE Technavio
Federal Minister for Finance and Revenue Muhammad Aurangzeb on Saturday said that the investment was coming into the country and existing investment was fantastic. He said that the economy of the country was moving in the right direction. While briefing the media persons after a meeting with Overseas Investors Chamber of Commerce and Industry (OICCI), the Finance Minister said that they talked about structural reforms, taxation, energy, SOEs, privatization agenda and had to move with them in cooperation with existing investors. Aurangzeb said that the government would only provide policy framework and policy continuity, which was important. He said that these companies would help the government in terms of joint ventures, privatization of SOEs. He advised the private sector to include a component of export in their investments. The minister said that the country had import-led economy owing to that they got into the balance of payment problem. He was of the view, ‘If We have to end the boom and bust cycle and put forward the economy towards 4, 5 or 6th percent growth. It has to be export-led growth.’ He said that every single entity of this country should contribute to exports. He said that markets were available for ‘Made in Pakistan’ products. He said that they could not be complacent in the wake of the SBP Investors Confidence Report. ‘Why do I say that the private sector has to lead this country,’ he asked adding that SOEs had caused Rs6 trillion of loss during last 10 years. Aurangzeb, replying to a question, said that investors were coming here and political stability was an important component. He said that the loss of Rs190 was being endured every single day due to sit-ins. ‘We have to collectively contemplate about it. We should build tolerance. When we talk about the Charter of Economy does not matter, which administration comes in,’ he said adding we all should be on the same page for a stable Pakistan. He said that petroleum volume had grown up due to curb on smuggling. He said that they identified illegal stations, which had been sealed. They had also issued warnings to shops selling illegal cigarettes. Answering a question, he said we were talking about the Agriculture tax with the Sindh government. Punjab government had done work on it and Khyber-Pakhtunkhwa and Balochistan were working on it. The Finance Minister said that they were bringing real estate, agriculture, wholesalers and retailers under tax net. He said that they had to deepen and broaden the tax net. He further said that leakages in sales tax and income tax were being stopped through the digitalization process. Replying to a question on inflation, he said that a Standard Item Agenda had been introduced by the Economic Coordination Committee (ECC) to control prices of pulses, petroleum, transportation, in view of the decline in rates in international markets to provide relief to the people. He said that Price Control Committees had to be active to control the increase in prices.
Chris McCausland fans 'uncomfortable' as they issue same complaint over Big Fat Quiz of the Year appearanceAn Australian political analyst has revealed he is facing death threats after a social media post falsely accused him of murdering Brian Thompson, the CEO of UnitedHealthcare. The viral post has sparked widespread condemnation and raised concerns over the dangers of misinformation online. Joey Mannarino, whose image was falsely linked to the crime, shared his distress on X (formerly Twitter). The post in question paired his photo with that of the actual suspect, accompanied by the caption: "Possible match for the United Healthcare CEO assassin identified! Do you recognise this person?!" Mannarino expressed alarm over the post's potential consequences, tweeting, "How is this allowed? This can get me killed." His tweet, highlighting the dangers of being misidentified, quickly garnered attention, amassing over 19.4 million views. In response, some users clarified the error, stressing that Mannarino is not a suspect. A note appended to the original post clarified, "Incorrect claim. The picture on the right is Joey Mannarino, who is not a suspect." Despite this clarification, Mannarino shared the real-world fallout of the mistaken identity. He posted a screenshot of a threatening message he received, writing, "Due to this post, I'm receiving death threats like this one below from @smoking539675 in my inbox. This is not normal nor is this something someone should deal with as it puts my family and myself at risk. Someone must be held to account." Mannarino later shared another message, further highlighting the risks he faces. He also commented on the reach of the false claim, stating, "The tweet blaming me for killing the CEO has 13,000,000 views so far. About to write my own version of 'If I Did It...' like OJ did!" Social Media Backlash The incident has drawn widespread reactions from social media users, many expressing their outrage and support for Mannarino. "This is dangerous and depraved," one user wrote. Another added, "He thinks just because his account is satire, he can do whatever he wants. This is in poor taste and could potentially be dangerous for you." A third user commented, "This is how big problems start—false accusations can ruin lives." Others called the situation "unacceptable on every level." UnitedHealthcare CEO's Tragic Death Brian Thompson, the CEO of UnitedHealthcare, was fatally shot in Manhattan on December 4 in what police have described as a "brazen, targeted attack." The killing occurred during the company's annual investors meeting in New York. Thompson, a prominent figure in the corporate world, was reportedly involved in an insider trading case earlier this year. The 50-year-old Minnesotan's death has prompted an ongoing manhunt for the gunman. The tragic murder has sent shockwaves through the business community, with authorities continuing to investigate the circumstances surrounding the attack. This incident underscores the perils of misinformation in the digital age, with Mannarino's ordeal serving as a stark reminder of the real-world consequences of online falsehoods.
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 successorWatson and Loyola Chicago defeat South Florida 74-72
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