29 superph
29 superph
Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.Millions more Americans might get access to GLP-1 drugsIsraeli Prime Minister Benjamin Netanyahu’s security Cabinet has approved a ceasefire deal with the Lebanese militant group Hezbollah, clearing the way for the truce to take effect. The late-night vote came shortly before President Joe Biden was expected to announce details of the deal in Washington. Biden called the ceasefire in Lebanon "good news," but it’s not clear how the truce will affect the Israel-Hamas war in Gaza. In the hours before Israel agreed to the ceasefire, residents of Beirut endured the most intense wave of Israeli strikes on the capital and its southern suburbs since the start of the 13-month war. Israel was apparently signaling it intended to pummel the country before any ceasefire takes hold. Hezbollah also fired rockets into Israel, triggering air raid sirens across the country’s north. Hezbollah began attacking Israel on Oct. 8, 2023, a day after Hamas’ attack on southern Israel, in support of the Palestinian militant group. That has set off more than a year of fighting escalated into all-out war in September with massive Israeli airstrikes across Lebanon and an Israeli ground invasion of the country’s south. It’s not clear how the ceasefire will affect the Israel-Hamas war in Gaza, where more than 44,000 people have been killed and more than 104,000 wounded in the 13-month war between Israel and Hamas, according to Gaza’s Health Ministry. ——— Here's the Latest: JERUSALEM — Prime Minister Benjamin Netanyahu’s security Cabinet has approved a ceasefire deal with Hezbollah, clearing the way for the truce to take effect. Netanyahu’s office said the plan was approved by a 10-1 margin. The late-night vote came shortly before President Joe Biden was expected to announced details of the deal in Washington. Earlier, Netanyahu defended the ceasefire, saying Israel has inflicted heavy damage on Hezbollah and could now focus its efforts on Hamas militants in Gaza and his top security concern, Iran. Netanyahu vowed to strike Hezbollah hard if it violates the expected deal. WASHINGTON — Rep. Mike Waltz, President-elect Donald Trump’s designate to be national security adviser, credited Trump’s victory with helping bring the parties together toward a ceasefire in Lebanon. “Everyone is coming to the table because of President Trump,” he said in a post on X on Tuesday. “His resounding victory sent a clear message to the rest of the world that chaos won’t be tolerated. I’m glad to see concrete steps towards deescalation in the Middle East.” He added: “But let’s be clear: The Iran Regime is the root cause of the chaos & terror that has been unleashed across the region. We will not tolerate the status quo of their support for terrorism.” BEIRUT — Israeli jets targeted a building in a bustling commercial area of Beirut for the first time since the start of the 13-month war between Hezbollah and Israel. The strike on Hamra is around 400 meters (yards) from the country’s central bank. A separate strike hit the Mar Elias neighborhood in the country’s capital Tuesday. There was no immediate word on casualties from either strike, part of the biggest wave of attacks on the capital since the war started. Residents in central Beirut were seen fleeing after the Israeli army issued evacuation warnings for four targets in the city. Meanwhile, the Israeli army carried out airstrikes on at least 30 targets in Beirut’s southern suburbs Tuesday, including two strikes in the Jnah neighborhood near the Kuwaiti Embassy. Lebanon’s Health Ministry reported that 13 people were injured in the strikes on the southern suburbs. BEIRUT — Hezbollah has said it accepts the ceasefire proposal with Israel, but a senior official with the group said Tuesday that it had not seen the agreement in its final form. “After reviewing the agreement signed by the enemy government, we will see if there is a match between what we stated and what was agreed upon by the Lebanese officials,” Mahmoud Qamati, deputy chair of Hezbollah’s political council, told the Al Jazeera news network. “We want an end to the aggression, of course, but not at the expense of the sovereignty of the state.” of Lebanon, he said. “Any violation of sovereignty is refused.” Among the issues that may remain is an Israeli demand to reserve the right to act should Hezbollah violate its obligations under the emerging deal. The deal seeks to push Hezbollah and Israeli troops out of southern Lebanon. JERUSALEM — Israeli Prime Minister Benjamin Netanyahu said Tuesday that he would recommend his Cabinet adopt a United States-brokered ceasefire agreement with Lebanon’s Hezbollah, as Israeli warplanes struck across Lebanon, killing at least 23 people. The Israeli military also issued a flurry of evacuation warnings — a sign it was aiming to inflict punishment on Hezbollah down to the final moments before any ceasefire takes hold. For the first time in the conflict, Israeli ground troops reached parts of Lebanon’s Litani River, a focal point of the emerging deal. In a televised statement, Netanyahu said he would present the ceasefire to Cabinet ministers later on Tuesday, setting the stage for an end to nearly 14 months of fighting. Netanyahu said the vote was expected later Tuesday. It was not immediately clear when the ceasefire would go into effect, and the exact terms of the deal were not released. The deal does not affect Israel’s war against Hamas in Gaza, which shows no signs of ending. BEIRUT — Lebanon’s state media said Israeli strikes on Tuesday killed at least 10 people in Baalbek province the country’s east. At least three people were killed in the southern city of Tyre when Israel bombed a Palestinian refugee camp, said Mohammed Bikai, a representative of the Fatah group in the area. He said several more people were missing and at least three children were among the wounded. He said the sites struck inside the camp were “completely civilian places” and included a kitchen that was being used to cook food for displaced people. JERUSALEM — Dozens of Israeli protesters took to a major highway in Tel Aviv on Tuesday evening to call for the return of the hostages held by Hamas in Gaza, as the country awaited news of a potential ceasefire in Lebanon between Israel and Hezbollah. Protesters chanted “We are all hostages,” and “Deal now!” waving signs with faces of some of the roughly 100 hostages believed to be still held in Gaza, at least a third of whom are thought to be dead. Most of the other hostages Hamas captured in the Oct. 7, 2023 attack were released during a ceasefire last year. The prospect of a ceasefire deal in Lebanon has raised desperation among the relatives of captives still held in Gaza, who once hoped that the release of hostages from Gaza would be included. Instead of a comprehensive deal, the ceasefire on the table is instead narrowly confined to Lebanon. Dozens of Israelis were also demonstrating against the expected cease-fire, gathering outside Israel’s military headquarters in central Tel Aviv. One of the protesters, Yair Ansbacher, says the deal is merely a return to the failed 2006 U.N. resolution that was meant to uproot Hezbollah from the area. “Of course that didn’t happen,” he says. “This agreement is not worth the paper it is written on.” FIUGGI, Italy — Foreign ministers from the world’s industrialized countries said Tuesday they strongly supported an immediate ceasefire between Israel and Hezbollah and insisted that Israel comply with international law in its ongoing military operations in the region. At the end of their two-day summit, the ministers didn’t refer directly to the International Criminal Court and its recent arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defense minister over crimes against humanity . Italy had put the ICC warrants on the official meeting agenda, even though the G7 was split on the issue. The U.S., Israel’s closest ally, isn’t a signatory to the court and has called the warrants “outrageous.” However, the EU’s chief diplomat Josep Borrell said all the other G7 countries were signatories and therefore obliged to respect the warrants. In the end, the final statement adopted by the ministers said Israel, in exercising its right to defend itself, “must fully comply with its obligations under international law in all circumstances, including international humanitarian law.” And it said all G7 members — Canada, France, Germany, Italy, Japan, the United Kingdom and the United States – “reiterate our commitment to international humanitarian law and will comply with our respective obligations.” It stressed that “there can be no equivalence between the terrorist group Hamas and the State of Israel.” The ICC warrants say there's reason to believe Netanyahu used “starvation as a method of warfare” by restricting humanitarian aid and intentionally targeted civilians in Israel’s campaign against Hamas in Gaza — charges Israeli officials deny. BEIRUT — An Israeli strike on Tuesday levelled a residential building in the central Beirut district of Basta — the second time in recent days warplanes have hit the crowded area near the city’s downtown. At least seven people were killed and 37 wounded in Beirut, according to Lebanon’s Health Ministry. It was not immediately clear if anyone in particular was targeted, though Israel says its airstrikes target Hezbollah officials and assets. The Israeli military spokesman issued a flurry of evacuation warnings for many areas, including areas in Beirut that have not been targeted throughout the war, like the capital’s commercial Hamra district, where many people displaced by the war have been staying. The warnings, coupled with fear that Israel was ratcheting up attacks in Lebanon during the final hours before a ceasefire is reached, sparked panic and sent residents fleeing in their cars to safer areas. In areas close to Hamra, families including women and children were seen running away toward the Mediterranean Sea’s beaches carrying their belongings. Traffic was completely gridlocked as people tried to get away, honking their car horns as Israeli drones buzzed loudly overhead. The Israeli military also issued warnings for 20 more buildings in Beirut’s suburbs to evacuate before they too were struck — a sign it was aiming to inflict punishment on Hezbollah in the final moments before any ceasefire takes hold. TEL AVIV, Israel — The independent civilian commission of inquiry into the October 2023 Hamas attack on Israel has found Prime Minister Benjamin Netanyahu directly responsible for the failures leading up to the attack, alongside former defense ministers, the army chief and the heads of the security services. The civil commission presented its findings today after a four-month probe in which it heard some 120 witnesses. It was set up by relatives of victims of the Hamas attack, in response to the absence of any state probe. The commission determined that the Israeli government, its army and security services “failed in their primary mission of protecting the citizens of Israel.” It said Netanyahu was responsible for ignoring “repeated warnings” ahead of Oct. 7, 2023 for what it described as his appeasing approach over the years toward Hamas, and for “undermining all decision-making centers, including the cabinet and the National Security Council, in a way that prevented any serious discussion” on security issues. The commission further determined that the military and defense leaders bear blame for ignoring warnings from within the army, and for reducing the army’s presence along the Gaza border while relying excessively on technological means. On the day of the Hamas attack, the report says, the army’s response was both slow and lacking. The civil commission called for the immediate establishment of a state commission of inquiry into the Oct. 7 attack. Netanyahu has opposed launching a state commission of inquiry, arguing that such an investigation should begin only once the war is over. JERUSALEM -- The Israeli military says its ground troops have reached parts of Lebanon’s Litani River — a focal point of the emerging ceasefire. In a statement Tuesday, the army said it had reached the Wadi Slouqi area in southern Lebanon and clashed with Hezbollah forces. Under a proposed ceasefire, Hezbollah would be required to move its forces north of the Litani, which in some places is some 30 kilometers (20 miles) north of the Israeli border. The military says the clashes with Hezbollah took place on the eastern end of the Litani, just a few kilometers (miles) from the border. It is one of the deepest places Israeli forces have reached in a nearly two-month ground operation. The military says soldiers destroyed rocket launchers and missiles and engaged in “close-quarters combat” with Hezbollah forces. The announcement came hours before Israel’s security Cabinet is expected to approve a ceasefire that would end nearly 14 months of fighting. BEIRUT — Israeli jets Tuesday struck at least six buildings in Beirut’s southern suburbs Tuesday, including one that slammed near the country’s only airport. Large plumes of smoke could be seen around the airport near the Mediterranean coast, which has continued to function despite its location beside the densely populated suburbs where many of Hezbollah’s operations are based. The strikes come hours before Israel’s cabinet was scheduled to meet to discuss a proposal to end the fighting between Israel and Hezbollah. The proposal calls for an initial two-month ceasefire during which Israeli forces would withdraw from Lebanon and Hezbollah would end its armed presence along the southern border south of the Litani River. There were no immediate reports of casualties from Tuesday’s airstrikes. FIUGGI, Italy — EU top diplomat Josep Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. “The two-state solution will come later. Everything will come later. But we are talking about weeks or days,” for desperate Palestinians, he said. “Hunger has been used as an arm against people who are completely abandoned.” It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court’s decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel’s closest ally, has called the warrants “outrageous.” Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. “Like it or not, the International Criminal Court is a court as powerful as any national court,” Borrell said. “And if the Europeans don’t support International Criminal Court then there would not be any hope for justice,” he said. Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. “The two-state solution will come later. Everything will come later. But we are talking about weeks or days,” for desperate Palestinians, he said. “Hunger has been used as an arm against people who are completely abandoned.” It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court’s decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel’s closest ally, has called the warrants “outrageous.” Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. “Like it or not, the International Criminal Court is a court as powerful as any national court,” Borrell said. “And if the Europeans don’t support International Criminal Court then there would not be any hope for justice,” he said. (edited)
Partnering with hummel and Northwell Health, the new kit honors the club's iconic local roots. WESTCHESTER COUNTY, N.Y. , Nov. 26, 2024 /PRNewswire/ -- The Westchester Soccer Club (WSC) – the first homegrown professional sports club to call New York's most populous suburb home – debuted the team's inaugural home kit last week at an event with Northwell Health, its front of kit sponsor and official health partner. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Boonsong release stirs flap
BIG 12 THIS WEEKFairfax Financial intends to redeem cumulative preferred shares
Share Tweet Share Share Email Speed and efficiency are paramount. As consumers and businesses demand faster, more reliable banking services, Automated Clearing House (ACH) processing has emerged as a game-changer. This system has revolutionized how money moves between bank accounts, making it faster, more secure, and cost-effective. But how exactly does ACH processing speed up bank transfers? Let’s explore this essential part of the banking ecosystem. What Is ACH Processing? The Automated Clearing House (ACH) is a network that facilitates electronic payments and transfers between financial institutions. Unlike traditional methods of transferring money, which can take days, ACH processes transfers in batches. This allows for faster and more efficient transactions. ACH is commonly used for various payment types, including payroll deposits, vendor payments, and bill payments. ACH transactions are processed in batches, meaning that several transactions can be processed simultaneously. This significantly reduces the time needed to move funds compared to traditional wire transfers. ACH payments are not only faster but also more affordable, making them a preferred option for businesses and consumers alike. How ACH Processing Speeds Up Bank Transfers ACH processing speeds up bank transfers in several ways. The traditional banking system often relies on physical checks, paper-based transfers, or manual processing, all of which can be slow and prone to errors. ACH eliminates much of the inefficiency by automating the process and allowing for digital transfers. Batch Processing One of the main features of ACH processing is its use of batch processing. Instead of processing each payment individually, ACH systems group multiple transactions into a single batch. This is then transmitted to the receiving bank or financial institution for settlement. Because it processes payments in bulk, ACH significantly reduces the time it takes to complete transactions. For example, payroll processors may use ACH to deposit paychecks for thousands of employees at once. This method is far faster than processing each individual payment manually. By consolidating payments into batches, ACH reduces both the time spent on transactions and the costs associated with each transfer. Reduced Intermediaries Another key feature of ACH is that it minimizes the number of intermediaries involved in the transaction. With traditional bank transfers, there are often multiple parties involved, such as correspondent banks or clearinghouses. These intermediaries can delay the transfer, adding extra time and complexity to the process. With ACH, however, the payment is typically transmitted directly between the sender’s and the recipient’s financial institutions. This streamlining of the process reduces delays and ensures that funds are transferred as quickly as possible. Real-Time Payment Initiatives In recent years, ACH networks have also incorporated real-time payment initiatives. With the introduction of the Same-Day ACH program, for example, payments can be processed and settled on the same day. Previously, ACH payments could take one or two business days to settle, but Same-Day ACH ensures that funds are available much faster. These advancements in ACH processing mean that businesses and consumers no longer need to wait for extended periods for funds to clear. Whether it’s a vendor payment or a personal transfer, Same-Day ACH offers a level of speed and convenience previously unavailable in the traditional banking system . Benefits of ACH Processing for Bank Transfers The benefits of ACH processing go beyond just speed. It also offers numerous advantages for both businesses and individuals. Cost-Effective One of the biggest reasons businesses prefer ACH transfers is the cost savings. Traditional wire transfers often come with high fees, especially for international transactions. In contrast, ACH transfers are typically much cheaper. For businesses that need to process large volumes of payments, this can translate into significant savings over time. Additionally, since ACH payments are fully electronic, there are fewer operational costs associated with them. There’s no need to print, mail, or manually process paper checks, which helps businesses save on materials, postage, and labor. Enhanced Security ACH transfers are often more secure than traditional payment methods. Paper checks are vulnerable to fraud, and wire transfers can be subject to cyber threats. ACH payments, however, rely on encryption and other security measures to ensure that funds are transferred safely. Furthermore, ACH payments are subject to oversight by the National Automated Clearing House Association (NACHA), which enforces strict rules to protect against fraud . Convenience For individuals, ACH processing offers a great deal of convenience. Automatic bill payments, such as utility bills and subscription services, can be scheduled through ACH. This removes the need for manual transfers, ensuring that payments are always made on time. Many businesses also offer ACH as a payment option for customers, providing an easy and reliable way to pay for goods and services. For employees, payroll direct deposit is another example of how ACH speeds up banking. Rather than waiting for a paper check, workers can have their pay deposited directly into their bank accounts, often within the same day. This process is not only faster but also eliminates the risk of lost or delayed checks. Reduced Human Error Human error can lead to costly mistakes in the banking system. Manual processes, like writing checks or transferring funds between banks, are prone to errors. ACH automation reduces the need for manual input, minimizing the chances of mistakes. Additionally, ACH transfers are carefully monitored and tracked, making it easier to identify and correct any issues that may arise. Accessibility and Flexibility ACH processing offers flexibility, allowing users to initiate payments on their own schedules. Whether it’s paying bills, sending money to family members, or making a business transaction, ACH provides 24/7 access to funds. This is especially beneficial in our increasingly digital world, where consumers expect instant access to financial services. Common Uses of ACH Transfers ACH transfers are used in many different sectors, serving both personal and business banking needs. Some of the most common uses of ACH include: Payroll Direct Deposit One of the most common uses of ACH processing is payroll direct deposit. Businesses use ACH to deposit employees’ paychecks directly into their bank accounts, ensuring they receive their wages quickly and securely. Bill Payments Many individuals use ACH to automate bill payments, such as utility bills, rent, and credit card payments. By scheduling payments in advance, ACH users ensure they never miss a due date, avoiding late fees and improving their credit scores. Vendor Payments Businesses often use ACH to pay their suppliers and vendors. By using ACH for recurring payments, companies can avoid the hassle of writing and mailing checks. ACH payments are especially useful for B2B transactions, where large amounts of money may be exchanged . Consumer Payments Consumers also use ACH to make one-time or recurring payments for goods and services. Online retailers and service providers often accept ACH payments, making it a convenient way for customers to pay for purchases without relying on credit cards. Tax Payments In some cases, ACH is used for paying taxes. The Internal Revenue Service (IRS) accepts ACH payments for individuals and businesses. This option is not only faster but also more secure than sending a paper check. Future of ACH Processing As technology continues to advance, the future of ACH processing looks promising. With the rise of real-time payment systems and blockchain technology, the ACH network may become even faster and more efficient in the years to come. Financial institutions are also working on improving the user experience, offering even more options for instant payments and better integration with digital wallets. One area of growth is in the international ACH network. While ACH has long been a U.S.-based system, efforts are underway to expand its reach and allow for faster international transfers. This would make ACH an even more attractive option for global payments. Conclusion Automated Clearing House (ACH) processing has revolutionized the way money moves between bank accounts. By automating and batching transactions, reducing intermediaries, and offering real-time payment options, ACH significantly speeds up bank transfers. This has made it the go-to solution for businesses and consumers who want faster, more secure, and more cost-effective payment methods. With the growing adoption of ACH for everything from payroll to bill payments, it’s clear that this system is here to stay. As technology continues to evolve, we can expect ACH to become even faster and more efficient , providing an even better banking experience for all. Related Items: Automated Clearing House , Real-Time Payment Initiatives , Speeding Up Bank Transfers Share Tweet Share Share Email Recommended for you Streamlining Your Business with International Payment Processing and Recurring Payment Solutions Comments
DiNardo Won’t Seek Re-Election As Chair Of CT Democrats
Although earnings season is now in the rearview for the majority of TSX stocks, there are still a handful of high-quality companies that have yet to report earnings. Earnings season is always an important time for investors since it gives us an updated look into how businesses are performing. Plus, since there is still so much uncertainty in both the economy and the stock market, this earnings season is even more important to get an idea of how these high-quality TSX stocks are faring in this environment. So, if you’ve got cash on the sidelines you’re looking to put to work, here are three high-quality TSX stocks that analysts expect to report strong earnings this quarter. One of the best TSX stocks that continues to report strong earnings There’s no question that one of the best stocks on the market is ( ). So, many investors will certainly be watching when it reports earnings before the market opens tomorrow, Wednesday, December 4. Analysts estimate that Dollarama will report a 6.2% increase in revenue year over year to just shy of $1.57 billion for the quarter ended October 31st. Furthermore, analysts also estimate that Dollarama’s normalized (EPS) will increase by 6.8% year over year to $0.98. That’s not just another quarter of impressive growth; it also shows how consistent Dollarama is. In fact, Dollarama has grown its sales in every single quarter for more than a decade now. Furthermore, its sales have grown by more than 5% year over year for every quarter dating back to the middle of 2021. Therefore, Dollarama is certainly a stock to watch when it reports earnings tomorrow. A top bank stock expected to report impressive earnings For the quarter that ended on October 31, analysts estimate that CIBC’s revenue will increase to just over $6.5 billion, a jump of 11.6% year over year. Furthermore, and more importantly, analysts predict that its normalized EPS will jump to $1.78, an increase of 13.6% year over year. Plus, in addition to the strong earnings that investors are expecting from the TSX bank stock, CIBC could also increase its dividend this quarter, driving up an already compelling of 4% even higher. Therefore, while it’s always important to keep an eye on how the big banks are performing in Canada, CIBC is especially intriguing this quarter. One of the best retail stocks in Canada While both Dollarama and CIBC are set to report earnings this week, ( ) will report its earnings on January 10 for the quarter that just ended on November 30. As one of the most impressive growth stocks in Canada, many investors will be watching Aritzia closely, especially since analysts expect its stellar growth to continue. Currently, analysts estimate that its revenue will increase to just shy of $700 million for the quarter, a 6.7% jump year over year. Furthermore, Aritzia’s normalized EPS is expected to increase to $0.63, a 34% jump year over year, as Aritzia continues to rebound and see its improved operations help strengthen its . For comparison, in the same quarter last year, Aritzia managed net income margins of just 8.1%, and this quarter, analysts expect margins of 10.5%, which is a massive jump year over year. So, with Aritzia clearly turning its business around and with years of growth potential ahead of it, it’s certainly one of the best stocks to keep your eye on, especially while it continues to trade undervalued. In fact, not only is Aritzia still trading off its all-time high despite posting consistent growth in its revenue and operations, but it’s also trading cheaply according to its valuation metrics. For example, it currently trades at a forward price-to-earnings ratio of 24.2 times, which is still below its five-year average of 27.8 times. Therefore, if you’re looking for a high-quality stock that’s both cheap and has significant growth potential, Aritzia is certainly a top choice for Canadian investors.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.
Nike to Re-Release the Air Foamposite Pro "Pearl"With Black Friday sales in full swing, there are still plenty of terrific deals to take advantage of. It’s the perfect time to shop for expensive electronics, including TV’s. Until Cyber Monday, you’ll be able to snag a high-end TV at a nice discount. Several top brands are offering huge deals on their best models. We’re seeing fantastic discounts on Samsung, LG, Sony and Hisense TVs. Whether you want a big-screen TV or something smaller for casual viewing, there are many options to consider getting during this sale event. Last updated on Nov. 30, 2024, at 2 a.m. ET. In this article: Samsung 55-Inch Class QLED 4K The Frame Series Smart TV , LG 77-Inch Class OLED B4 Series Smart TV and Hisense U6 Series 65-Inches ULED 4K Smart TV . The cool thing about this smart TV is that it features an Art mode you can enable, which displays modern and classic art pieces whenever you’re not watching. The color volume is fantastic, the matte film reduces light glare and the frame is customizable with multiple color bezel options. If you’re looking for an affordable 4K smart TV, this 65-inch LED model won’t disappoint. Motion Xcelerator reduces blur and lag, and object tracking delivers impressive 3D surround sound. It supports HDR and Mega Contrast to minimize the difference between light and dark areas. This Roku TV offers a sharp 4K resolution and supports HDR10+ technology, which enhances color, contrast and brightness. The home screen is customizable with shortcuts to your favorite apps, and the voice remote lets you effortlessly search for paid and free content. Are you looking for a solid TV for casual viewing? This 40-inch Amazon Fire TV has plenty to offer. The Fire TV platform provides quick access to live TV, video games and music, and the remote has a dedicated Alexa button for launching apps, searching for content and controlling smart devices on your network. This TV boasts Quantum Dot technology for reproducing stunning visuals and bright colors. When mounted, its AirSlim design allows it to blend seamlessly with your wall. The advanced processor automatically transforms non-UHD content into 4K and improves sound. You’d be hard-pressed to find a better TV for your home entertainment hub than this 77-inch LG smart TV. OLED technology produces accurate colors and deep blacks, and the a8 AI processor automatically fine-tunes the picture quality based on what you’re watching. Plus, it features NVIDIA G-Sync, AMD FreeSync Premium and VRR for improved gaming. This high-end smart TV boasts advanced OLED HDR+ technology, which enhances image brightness and clarity. Dolby Atmos and Object Tracking Sound Lite produce excellent sound quality, and the 144-hertz refresh rate delivers ultrasmooth motion for gaming and live sports. Plus, the smart Tizen OS offers streaming and gaming access. If you want a cheap smart TV for a smaller room in your home, this 42-inch Insignia Fire TV is the one for you. It’s a full HD TV with a 1080p resolution and a built-in Fire TV interface for streaming content from apps such as Netflix, Prime Video and Disney+. The Alexa voice remote makes it easy to find your favorite movies. This Hisense 65-inch TV features advanced Mini-LED technology for reproducing dark blacks and vibrant colors. Dolby Vision delivers superior picture quality, and the dedicated game mode provides a variable refresh rate for smooth gaming. The voice remote is convenient for finding content, and the smart TV interface is intuitive. If you have the space in your home for this massive TV, you’ll love the cinematic experience it offers. QLED technology delivers dazzling visuals and rich colors, and HDR Pro+ boosts contrast, brightness and clarity no matter what you watch. It has an integrated Google TV interface and is compatible with Alexa. Amazon Fire TV 43-Inch 4-Series 4K UHD Smart TV 38% OFF Amazon Fire TV 65-Inch Omni QLED Series 4K UHD Smart TV 25% OFF Amazon Fire TV 50-Inch Omni Series 4K UHD Smart TV 31% OFF Sony 75-Inch 4K Ultra HD Google TV Bravia TV 28% OFF Samsung 55-Inch Class QLED 4K Q80D Series Quantum HDR+ Smart TV 33% OFF LG 86-Inch Class UHD Smart TV 23% OFF LG 55-Inch Class QNED85T Series LED Smart TV 13% OFF Prices listed reflect time and date of publication and are subject to change. Check out our Daily Deals for the best products at the best prices and sign up here to receive the BestReviews weekly newsletter full of shopping inspo and sales. BestReviews spends thousands of hours researching, analyzing and testing products to recommend the best picks for most consumers. BestReviews and its newspaper partners may earn a commission if you purchase a product through one of our links.NFL Thanksgiving, Black Friday Capsules
These Black Friday TV deals are still going strong
These Black Friday TV deals are still going strong
Samuel Woods: Leading AccureOne's Revolution in Digital FinanceSean ‘Diddy’ Combs is denied bail for a third timeYouth cricketers leave for Under 19 Asia Cup
‘We didn’t have a good day’: Greens set to suffer significant election losses
Ukraine finished 6th in mixed relay at the World Cup in KontiolahtiRetailers coax Black Friday shoppers into stores with big discounts and giveaways NEW YORK (AP) — Retailers in the U.S. have used giveaways and bigger-than expected discounts to reward shoppers who ventured out on Black Friday. The day after Thanksgiving still reigns for now as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. Analysts reported seeing the biggest crowds at stores that offered real savings. They say many shoppers are being cautious with their discretionary spending despite the easing of inflation. Stores are even more under the gun to get shoppers in to buy early and in bulk since there are five fewer days between Thanksgiving and Christmas this year. Online sales figures from Thanksgiving Day gave retailers a reason to remain hopeful for a lucrative end to the year. The ruble's in a slump. For the Kremlin, that's a two-edged sword Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other. Over time a weaker ruble could mean higher prices for imports from China, Russia's main trade partner these days. President Vladimir Putin says things are under control. One wild card is sanctions against a key Russian bank that have disrupted foreign trade payments. If Russia finds a workaround for that, the ruble could regain some of its recent losses. Why your favorite catalogs are smaller this holiday season PORTLAND, Maine (AP) — While retailers hope to go big this holiday season, customers may notice that the catalogs arriving in their mailboxes are smaller. Many of the millions of catalogs getting sent to U.S. homes were scaled down to save on postage and paper. Some gift purveyors are sending out postcards. In a sign of the times, the American Catalog Mailers Association rebranded itself in May as the American Commerce Marketing Association. Despite no longer carrying an extended inventory of goods, industry experts say catalogs help retailers cut through the noise and still hold their own in value because of growing digital advertising costs. Massachusetts lawmakers push for an effort to ban all tobacco sales over time BOSTON (AP) — A handful of Massachusetts lawmakers are hoping to persuade their colleagues to support a proposal that would make the state the first to adopt a ban meant to eliminate the use of tobacco products over time. Other locations have weighed similar “generational tobacco bans.” The bans phase out the use of tobacco products based not just on a person's age but on birth year. Lawmakers plan to file the proposal next year. If approved, the bill would set a date and ban the sale of tobacco to anyone born after that date forever, eventually banning all sales. Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city HANOI, Vietnam (AP) — Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial capital of Ho Chi Minh in the south. It is expected to cost $67 billion and will stretch 1,541 kilometers (957 miles). The new train is expected to travel at speeds of up to 350 kph (217 mph), reducing the journey from the current 30 hours to just five hours. The decision was taken by Vietnam’s National Assembly on Saturday. Construction is expected to begin in 2027 and Vietnam hopes that the first trains will start operating by 2035. But the country has been beleaguered by delays to its previous infrastructure projects. Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth. The European Union’s harmonized index of consumer prices rose 2.3 percent, up from 2.0% in October, according to EU statistics agency Eurostat. However, worries about growth mean the Dec. 12 ECB meeting is not about whether to cut rates, but by how much. Market buzz says there could be a larger than usual half-point cut in the benchmark rate, currently 3.25%. Stock market today: S&P 500 and Dow post gains and close out best month of 2024 NEW YORK (AP) — Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year. The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 188 points, or 0.4%. The Nasdaq added 0.8%. Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later. Investors were looking to see how much shoppers are willing to spend on gifts for the holidays. Black Friday unofficially kicked off the holiday shopping season, although retailers had been offering early deals for weeks. Macy’s and Best Buy each gained around 2%. From T-shirts to thongs, how indie film merchandise became a hot commodity LOS ANGELES (AP) — Merchandise is nothing new. But in recent years, movie-inspired streetwear has exploded in popularity among film buffs, thanks in part to viral marketing campaigns put on by independent film studios. Take the hourslong line for one-day-only “Anora” pop-up in Los Angeles, for instance. Clothes are promoted as trendy and in limited supply and are often made in collaboration with popular brands. The experience of watching movies has become a less collective one in recent years. For many fans, repping their favorite films in public is a way to combat that. Santa's annual train visit delivers hope and magic to one corner of coal country ON BOARD THE SANTA TRAIN (AP) — Since 1943, the people of Appalachian Kentucky, Virginia, and Tennessee have looked forward to Santa’s arrival. Not in a sleigh on their rooftops, but on a train. At each stop of the CSX Santa Train there are dozens to hundreds of people. Many crowd around the back, where Santa and his helpers toss stuffed animals. Meanwhile groups of volunteer “elves” fan out with gifts, making sure every child goes home with something. Many of the children who line the tracks on the Saturday before Thanksgiving, waiting for Santa, are the third, fourth or fifth generation to do so. Sandra Owens has been coming for 43 years and now brings her grandchildren. She says, “The faces of the kids, that’s what makes me happy. You can’t see anything better.” Donald Trump's call for 'energy dominance' is likely to run into real-world limits WASHINGTON (AP) — Donald Trump is creating a National Energy Council that he says will establish U.S. “energy dominance” around the world. It will be key in Trump’s pledge to sell more oil to allies and his intent to move away from President Joe Biden’s focus on climate change. But the president-elect’s energy wishes are likely to run into real-world limits. For one, U.S. oil production under Biden is already at record levels. And Trump’s bid to boost oil supplies and lower U.S. prices is complicated by his threat to impose 25% import tariffs on Canada and Mexico, two of the largest sources of U.S. oil imports.
