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Jimmy Carter, 39th US president, Nobel winner, dies at 100
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.Jimmy Carter, 39th president, remembered for his integrity and devotion to humanity
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Harris' campaign leaders say there was a 'price to be paid' for shortened campaign against TrumpLITTLETON — State Rep. James Arciero and state Sen. Jamie Eldridge recently presented a check for $100,000 to the town of Littleton for the installation of solar panels on the new Littleton Senior Center. “Senator Eldridge and I are pleased we were able to secure this important funding for the new Littleton Senior Center which will not only serve our elder population, but will do so in an environmentally important way as we seek to implement carbon neutral energy use in public projects,” said Arciero, who sponsored an amendment to the fiscal 2025 state budget in May which was accepted in the final budget proposal. This funding will install solar panels on the roof of the new senior center. This will help reduce the costs associated with energy used at the senior center which promises to become an important location for expanded senior activity. “I am proud to work with my House colleague Representative Jim Arciero to secure a $100,000 earmark from the FY25 state budget to install 65 Kw of solar panels on the new Littleton Senior Center,” said Eldridge. “We were so happy to see the impressive progress on The Center on Shattuck Street, Home of Elder Services, Council on Aging and Veterans Services building, and we look forward to seeing this beautiful new center running on clean energy, saving the town and people of Littleton funds. As always a tremendous thank you to Littleton Electric Light and Water Departments for working with Littleton to expand solar to municipal buildings, and combating climate change.” This funding follows a similar allocation of $110,000 in the 2021 state budget, which Eldridge spearheaded in the Senate and Arciero secured in the House for solar panels on the new Reuben J. Hoar Public Library, which was recently built behind the Littleton Town Hall after having outgrown its space in that building.
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(WISH) — Parkinson’s disease is a neurodegenerative disorder that impacts a million people living in the United States. While most people are older than 60 when diagnosed, 1 in 10 people with Parkinson’s are now being diagnosed before age 50. A new technological method may offer hope for people diagnosed with Parkinson’s disease. News 8’s Brittany Noble has details in Tuesday’s Health Spotlight. This story was created from a script aired on WISH-TV. Health Spotlight is presented by Community Health Network .Walmart’s DEI rollback signals a profound shift in the wake of Trump’s election victory
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(TNS) — The University of Colorado Boulder has created a free resource to help people recover their loved ones' digital accounts or make plans for their own after death. The Digital Legacy Clinic at CU Boulder is a pro-bono service offered to the public to help with issues around digital legacy and online data accounts. They can help family members recover photos, emails and social media accounts belonging to a deceased loved one, and they can help people make an end-of-life plan for their own digital accounts. Jed Brubaker, the founder of the clinic and a CU Boulder professor, said the average Internet user has about 190 online accounts and produces 850 gigabytes of data each year. "That's a whole lot of photos, letters and personal history, and it would be a shame if that were lost," Brubaker said. "And the truth is, the technology platforms just haven't kept up with our end-of-life needs, so at the clinic, we're here to bridge that gap." Brubaker's work has focused on the digital afterlife for 15 years. His work has directly informed the design and development of Facebook's Legacy Contact, a feature that allows a user to select someone to manage their memorialized profile after their death. Without a feature like that, social media accounts that are inaccessible to anyone but their owner can exist long after that person has died, sending out routine birthday notifications, friend anniversary notices and memories. However, most technology platforms don't allow users to name a beneficiary like they would in a financial account. "I think the tech sector is in need of some help to figure out what the best practices are so that every platform has some kind of support for end-of-life planning because most of them don't right now," Brubaker said. The clinic, which has a research and education focus, is partly funded by a $550,000 National Science Foundation grant. A team of specially-trained students respond to inquiries from clients and help them navigate digital accounts. Master's student Rory O'Flynn helped develop the website for the clinic and has helped support a client. The client she worked with had a brother who died but still had portfolios online. She helped the client archive the brother's photos, shut down part of the accounts and memorialize the rest privately for his family. "It was actually really cool," O'Flynn said, adding, "It's really, really interesting because it's not something many people think of until it happens to them." Digitized photos, videos, art, music, stories, blogs or professional work can all be lost after death. Losing it can be a loss of memories, and it can be devastating for loved ones. "It's not just data," Brubaker said. "There are personal stories, there are personal histories, there are family heritage. It's hard to overstate the symbolic value of this." The logistical burden of not being able to access those accounts can worsen stress and suffering when loved ones are already grieving. "It's about reducing suffering and reducing extra areas of stress when someone is grieving, whether it's grieving their eventual death or grieving the loss of a loved one," doctoral student and researcher Dylan Thomas Doyle said. "When someone dies, there's so many tasks and there's so many emotions that come up." Brubaker said many people don't know how to talk about death. He hopes the clinic will help by providing clarity. "We can take them through the process and take them step by step and reduce the ambiguities and uncertainties and show them how to do this," Brubaker said. The clinic is open to anyone of all ages. For more information or to request support, visit .
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