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The recent political turmoil in South Korea has thrown the country into a state of uncertainty and tension, with the Ministry of National Defense confirming that the military chain of command remains under the control of Defense Minister Suh Wook, rather than President Moon Jae-in. The situation arises amid growing calls for President Moon's impeachment, following a series of political scandals and controversies that have rocked his administration.At its core, this saga encapsulates a profound reflection on human nature - the capacity for compassion and suspicion, empathy and distrust, generosity and skepticism. It underscores the complexities inherent in interpersonal interactions, where perceptions and perspectives can diverge dramatically, leading to a mosaic of conflicting narratives that challenge our notions of truth and reality.
NEW YORK (AP) — U.S. stocks rose to 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 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 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. The consequences otherwise for markets and the global economy could be painful. 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. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, 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 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. 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 for the job market . While lower interest rates can boost the economy, 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. The talk about tariffs overshadowed another mixed set of 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 imposed by the Fed to get inflation under control. 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. Kohl’s tumbled 17% 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 4.9% 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%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% 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 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady 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 inched up to 4.29% 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 $91,000, 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.Saquon Barkley is the NFL's version of Shohei Ohtani: AnalysisPercentages: FG 43.478, FT .667. 3-Point Goals: 7-15, .467 (Jackson 6-9, Richardson 1-4, Mair 0-2) Blocked Shots: 5 (Donovan 4, Fournier 1) Turnovers: 10 (Mair 3, Jackson 2, Thomas 1, Donovan 1, Richardson 1, Cotton 1, Wood 1) Steals: 8 (Jackson 2, Richardson 2, Thomas 1, Okananwa 1, Fournier 1, de Jesus 1) Technical Fouls: None Percentages: FG 46.296, FT .625. 3-Point Goals: 2-10, .200 (Glenn 1-1, Sundell 1-1, Poindexter 0-3, Walker 0-1, Sanchez 0-2, Sides 0-2) Blocked Shots: 3 (Poindexter 1, Sundell 1, Sanchez 1) Turnovers: 18 (Sides 4, Glenn 3, Sundell 3, Walker 3, Poindexter 2, Team 2, Taylor 1) Steals: 4 (Sundell 2, Taylor 2) Technical Fouls: None A_0 Officials_Brenda Pantoja, InFini Robinson, Cameron Inouye
Google Sues Over Mandatory Oversight Of Payment Arm
NoneSaquon Barkley is the NFL's version of Shohei Ohtani: Analysis
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However, many subscribers have voiced their dissatisfaction with this new policy. Some argue that they should have the freedom to access their account from multiple devices, especially in today's fast-paced and digital-centric world. Others feel that this restriction is simply a way for Tencent Video to increase its profits at the expense of user convenience. The debate continues as both sides present valid points and concerns.
World leaders have expressed grief and solidarity with South Korea after a devastating airplane crash at Muan International Airport killed 179 people. The tragedy, involving a Jeju Air passenger jet that exploded during landing, has drawn a wave of condolences and support from around the globe. US President Joe Biden led the messages of sympathy, highlighting the deep ties between the two nations. “Jill and I are deeply saddened by the loss of life in the Jeju Airlines accident. The American people share deep bonds of friendship with South Korea, and we stand ready to assist in any way needed,” Biden said in a statement released by the White House. Japanese Prime Minister Ishiba Shigeru extended heartfelt condolences on behalf of Japan. “I am deeply saddened by the loss of many precious lives due to the airplane accident that occurred in the ROK. On behalf of the Government and the people of Japan, I wish to express my sincere condolences for the loss of life and send my deepest sympathies to the bereaved families. My thoughts go out to all those who were injured, and I sincerely hope they will make a swift recovery,” his office stated. India’s External Affairs Minister, S. Jaishankar, also shared his sorrow. “Deeply saddened by the tragic airplane crash at Muan. Our thoughts are with the people of the Republic of Korea at this difficult time,” he tweeted. Australia’s Foreign Minister Penny Wong and UK Foreign Secretary David Lammy echoed similar sentiments, expressing their condolences to the victims and their families through official statements and social media. The global mourning comes as South Korea grapples with the aftermath of the disaster. Authorities confirmed that the Jeju Air plane, carrying 175 passengers and six crew members, skidded off the runway during landing, hitting a concrete barrier before bursting into flames. Only two people survived the crash. South Korea’s acting President Choi Sang-mok has declared Muan County a special disaster zone and visited the crash site to oversee operations. Jeju Air CEO Kim E-bae has taken full responsibility, pledging financial assistance to the victims’ families.Shares of communications platform Zoom Video Communications ( ZM -6.31% ) dropped on Tuesday after the technology company reported financial results for its fiscal third quarter of 2025. Everything in the quarter was actually fine. But going into the report, Zoom stock was at a two-year high and had risen over 50% in just a few months. It seems that financial results weren't quite inspiring enough to keep investors from taking recent profits off of the table. And that's why Zoom stock was down about 8% as of 2:45 p.m. ET. The beat and raise was modest for Zoom To reiterate, Zoom's financial results beat expectations on both the top and bottom lines. Moreover, management even raised its full-year guidance. Previously its guidance was for revenue of $4.630 billion to $4.640 billion, whereas now the revenue guidance is modestly higher at $4.656 billion to $4.661 billion. Similarly, Zoom's management expects full-year adjusted earnings per share (EPS) of $5.41 to $5.43, whereas before it only expected adjusted EPS of $5.29 to $5.31. Beating and raising guidance is good. But consider that Zoom's Q3 revenue was only up 3.6% year over year and guidance is only modestly higher. That's why investors weren't more upbeat about the report. One thing to watch One thing is for sure: Zoom is a profitable business with tons of cash. The company has $7.7 billion in cash, cash equivalents, and marketable securities. And it's on pace to generate about $1.6 billion in full-year free cash flow . With this, it's looking to give back to shareholders with a total buyback plan of about $2 billion as of this writing. The problem is that Zoom already repurchased 4.4 million shares in Q3 and yet the outstanding share count still went up due to stock-based compensation . Buyback plans boost the share price when the number of shares go down. So investors should keep an eye on stock-based compensation from here because it is one of the issues that's preventing Zoom stock from performing better.
DAYTONA BEACH, Fla. (AP) — Ndewedo Newbury scored 21 points as San Francisco beat Fordham 85-64 on Tuesday. Newbury shot 7 of 12 from the field, including 3 for 4 from 3-point range, and went 4 for 5 from the line for the Dons (5-2). Marcus Williams scored 19 points while going 8 of 12 (3 for 6 from 3-point range) and added five assists. Junjie Wang shot 3 of 4 from the field, including 2 for 3 from 3-point range, and went 3 for 4 from the line to finish with 11 points. Jackie Johnson III finished with 17 points for the Rams (3-5). Fordham also got 11 points and two steals from Jahmere Tripp. Josh Rivera finished with 10 points. San Francisco led 45-29 at halftime, with Newbury racking up 12 points. San Francisco extended its lead to 60-36 during the second half, fueled by a 12-1 scoring run. Williams scored a team-high 12 points in the second half. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
The deployment of smart fire protection and monitoring devices in Beijing schools reflects the city's commitment to prioritizing the safety and well-being of its educational community. By leveraging innovative technology and proactive safety measures, Beijing aims to create a secure and resilient learning environment that fosters academic excellence and empowers students to thrive.The retrial of the "Yang Niu Hua Case" has once again shed light on the issue of human trafficking in society and the need for justice and accountability. It serves as a reminder that the fight against human trafficking is an ongoing battle that requires vigilance, determination, and a commitment to protecting the rights and well-being of all individuals.
