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e sabong jay costura Powell: Fed's independence from politics is vital to its interest rate decisions WASHINGTON (AP) — Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome. Speaking at the New York Times’ DealBook summit, Powell addressed a question about President-elect Donald Trump’s numerous public criticisms of the Fed and of Powell himself. During the election campaign, Trump had insisted that as president, he should have a “say” in the Fed’s interest rate policies. Despite Trump’s comments, the Fed chair said he was confident of widespread support in Congress for maintaining the central bank’s independence. UnitedHealthcare CEO kept a low public profile. Then he was shot to death in New York NEW YORK (AP) — Brian Thompson led one of the biggest health insurers in the US but was unknown to millions of people his decisions affected. The fatal shooting of UnitedHealthcare's chief executive on a midtown Manhattan sidewalk Wednesday became a mystery that riveted the nation. Police say it was a targeted killing. Thompson was 50. He had worked at the company for 20 years and had run health care giant UnitedHealth Group Inc.'s insurance business since 2021. It provides health coverage for more than 49 million Americans and brought in $281 billion in revenue last year. Thompson's $10.2 million annual compensation made him one of the company’s highest-paid executives. Trump nominates cryptocurrency advocate Paul Atkins as SEC chair President-elect Donald Trump says he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission. Atkins is the CEO of Patomak Partners and a former SEC commissioner. Trump calls Atkins a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. The SEC oversees U.S. securities markets and investments. If confirmed next year by the new Republican-led Senate, Atkins would replace Gary Gensler, who's been leading the U.S. government’s crackdown on the crypto industry. Atkins was widely considered the most conservative SEC member during his tenure and known to have a strong free-market bent. Australia is banning social media for people under 16. Could this work elsewhere — or even there? It is an ambitious social experiment of our moment in history. Experts say it could accomplish something that parents, schools and other governments have attempted with varying degrees of success — keeping kids off social media until they turn 16. Australia’s new law was approved by its Parliament last week. It's an attempt to swim against many tides of modern life — formidable forces like technology, marketing, globalization and, of course, the iron will of a teenager. The ban won’t go into effect for another year. But how will Australia be able to enforce it? That’s not clear, nor will it be easy. White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign WASHINGTON (AP) — A top White House official says at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered the new details Wednesday about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that a number of telecommunication firms and countries impacted could still grow. GivingTuesday estimates $3.6B was donated this year, an increase from 2023 NEW YORK (AP) — U.S. donors gave $3.6 billion on Tuesday, an increase from the past two years, according to estimates from the nonprofit GivingTuesday. The Tuesday after Thanksgiving, now known as GivingTuesday, has become a major annual day for nonprofits to fundraise and otherwise engage their supporters. In both 2022 and 2023, nonprofits in the U.S. raised $3.1 billion on GivingTuesday. This year, 18.5 million people made donations to nonprofits and another 9.2 million people volunteered. Both the number of donors and the number of volunteers increased by 4% since 2023, according to the nonprofit GivingTuesday's estimates. Pete Hegseth's mother says The New York Times made 'threats' by asking her to comment on a story A basic tenet of journalism — calling someone for comment on a story — was seen as a threat by defense secretary nominee Pete Hegseth's mother. Penelope Hegseth appeared on Fox News Channel to talk about her son, whose nomination by President-elect Trump to lead the Pentagon is threatened by a series of stories about his past behavior. One came this past weekend, when The New York Times wrote about a private email Penelope Hegseth sent to her son about his treatment of women. She said on Fox News that she felt threatened when the Times called her about the email, which she had quickly regretted sending. The Times said they were engaging in routine journalism. District of Columbia says Amazon secretly stopped fast deliveries to 2 predominantly Black ZIP codes The District of Columbia is alleging in a lawsuit that Amazon secretly stopped providing its fastest delivery service to residents of two predominantly Black neighborhoods in the city. The district says the online retailer still charged residents of two ZIP codes millions of dollars for a service that provides speedy deliveries. The complaint filed on Wednesday in District of Columbia Superior Court revolves around Amazon’s Prime membership service. The lawsuit alleges Amazon in mid-2022 imposed what it called a delivery “exclusion” on the two low-income ZIP codes. An Amazon spokesperson says the company made the change based on concerns about driver safety. The spokesperson says claims that Amazon's business practices are discriminatory are “categorically false.” Biden says 'Africa is the future' as he pledges millions more on the last day of Angola visit LOBITO, Angola (AP) — President Joe Biden has pledged another $600 million for an ambitious multi-country rail project in Africa as one of the final foreign policy moves of his administration. He told African leaders Wednesday that the resource-rich continent of more than 1.4 billion people had been “left behind for much too long. But not anymore. Africa is the future.” Biden used the third and final day of his visit to Angola to showcase the Lobito Corridor railway. The U.S. and allies are investing heavily to refurbish train lines in Zambia, Congo and Angola in a region rich in critical minerals to counter China's influence. The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans NASHVILLE, Tenn. (AP) — The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two years. Since launching the tour in 2023, Swift has shattered sales and attendance records. It's even created such an economic boom that the Federal Reserve took note. But for many who attended the concerts, and the millions more who eagerly watched on their screens, the tour also became a beacon of joy. It's become a chance not only to appreciate Swift’s expansive music career, but also celebrate the yearslong journey fans have taken with her.



The states that saw the most active attacks against election certification two years ago certified the results of this year’s races without controversy this week, prompting the Arizona secretary of state to proclaim that “election denialism” is a thing of the past. Others said they weren’t so sure. Certification proceeded normally this year in part because Donald Trump won the presidential race, quieting his supporters after he had spent the campaign making unsubstantiated claims that he could lose only through widespread cheating . The statewide certification votes Tuesday in Nevada and New Mexico follow a vote Monday to certify the results in Arizona. In all three states, the certification process was tumultuous during the 2022 midterms when Democrats won most statewide offices. Those controversies followed attempts by Trump and his allies to halt or challenge certification in Michigan, Georgia and other battleground states in 2020, disrupting what until then had been a routine administrative process. This year, some who have been the most vocal in questioning the integrity of elections have instead been celebrating Trump’s victory. “The results are being accepted in the manner that they are, in part, because those who have been eroding trust or casting doubt on the integrity of U.S. elections have a result they feel good about,” said David Levine, a former local election official in Idaho who now advises on election administration issues. “Hopefully we can get back to a place where Americans can feel confident in the results even if it’s one they disagree with.” On Tuesday, Nevada and New Mexico certified their statewide results with little discussion. During Monday’s certification in Arizona, Secretary of State Adrian Fontes reflected on the lack of controversy this year. “I think the age of election denialism, for all intents and purposes, is dead,” he said. Sitting next to Fontes, state Attorney General Kris Mayes, a fellow Democrat, said she was more skeptical. Her Republican opponent in 2022 spent two years challenging his loss . “Do I think election denialism is dead? No, I don’t,” she said. “We’ll see over the next couple of election cycles what happens, but I don’t think we’re there yet.” Public confidence in elections has dropped since Trump challenged his loss in 2020 and made false claims of widespread fraud, particularly among Republicans . Some Republicans began targeting the certification process, when local and state boards certify the results after local election officials provide them with the final tally of votes. A firestorm erupted in Georgia over the summer when the state election board, with a new pro-Trump majority, attempted to politicize the certification process with changes later blocked by the courts. While certification battles did not surface after the Nov. 5 election , a vocal segment within the Republican Party remains deeply skeptical of election processes, particularly of the availability of mail ballots and the use of ballot scanners to tally votes. During a forum Monday on the social platform X led by the group Cause of America, the group's director expressed doubt about voting equipment. Shawn Smith, who also is a retired Air Force colonel, argued the certification process suppresses legitimate concerns and goes against “the sovereignty of the people.” Although not as widespread as four years ago, this sentiment did surface sporadically at the local level this month. In Washoe County, Nevada, which includes Reno and voted narrowly for Vice President Kamala Harris, the vote to certify the results was 3-1 with one abstention. Commissioner Jeanne Herman has consistently voted against certification and did not make a public comment about her vote this year. Commissioner Mike Clark, a staunch Trump supporter who had also previously voted against certification, said he would abstain and left before the vote. “I am not an election denier and clearly the person I wanted to win, won this state,” Clark said before leaving the meeting. “However, that does not mean that all the protocols were followed and that we can truly certify the election.” Such skepticism, whether in Nevada or elsewhere, leaves the door open to certification disputes during future elections. The questioning of election results isn't limited to Republicans. Even though Harris quickly conceded after losing all seven presidential battleground states , online posts among her supporters continue to raise concerns about her loss. One Reddit community that has amassed 23,000 members features a steady drumbeat of Democrats scrutinizing a result they can’t believe is real. Some posting in the group have issued calls to contact Harris and her running mate to ask them to demand a recount or otherwise object to the outcome. Among the battlegrounds, Michigan was among those where Trump and his allies pressed to halt certification of the 2020 election for Democrat Joe Biden amid false claims of fraud and manipulation. Two Republican members of the Wayne County Board of Canvassers who initially opposed certification eventually relented. The state board of canvassers eventually voted to certify, even after one Republican member abstained. This year, the state board voted unanimously on Nov. 22 in favor of certifying and praised the state’s election workers. In Georgia, Secretary of State Brad Raffensperger certified his state’s results on Nov. 22. Four years ago, the Republican state official was facing immense pressure from Trump and his allies to investigate their unsubstantiated claims of fraud. Also certifying results Tuesday, and doing so unanimously, was the state Board of Elections in North Carolina. It was the only presidential battleground state won by Trump in 2020 — and the only one where he and his allies didn't make claims of fraud. Cassidy reported from Atlanta. Associated Press writers Susan Montoya Bryan in Albuquerque, New Mexico, Ken Ritter in Las Vegas, Scott Sonner in Reno, Nevada, and Ali Swenson in New York contributed to this report.By Colton Pouncy, James Boyd and Jelani Scott The Detroit Lions (10-1) added another dominant win to their magical season on Sunday as the club cruised to a 24-6 victory over the Indianapolis Colts (5-7) after turning in another smash-mouth performance to remain perfect on the road. Week 12 marked the ninth time this campaign that the Lions topped 20 points and the third time their defense held an opponent to less than 10 points. Detroit’s latest standout showing of complementary football saw running back Jahmyr Gibbs lead the way on a day where the second-year star made team history. With 99 scrimmage yards, including 90 on the ground, and two touchdowns, Gibbs became the third Lion (Billy Sims, Barry Sanders) to record 1000-plus scrimmage yards and 10-plus TDs in his first two seasons. Advertisement Lions defensive coordinator Aaron Glenn’s unit again proved why they’re one of the NFL ’s best red zone defenses after limiting Indy to two first-half field goals on their only two trips, the first of which came after what could’ve been a pivotal dropped Colts TD. A slew of penalties on both sides and miscues throughout the game coupled with Detroit forcing four punts and a turnover on downs in the second half stamped an all-around difficult day for the Colts and QB Anthony Richardson , who played admirably in his second game back under center. Lions grind out win despite lukewarm offensive effort This was a strange game. The Lions’ offense struggled more than we’re used to seeing. They were well below their points average of 33.6, settling for just 24. They had to grind for everything, and it often wasn’t pretty. But they got the job done again. The defense held the Colts to just six points — three after the opening drive of the game — but avoided some big plays that were dropped or called back because of penalties. You take that eight days a week if you’re the Lions, but there’s plenty to clean up from a game like this one. With the win, the Lions improve to 10-1 on the season. They’ve won nine in a row. Next up: the Chicago Bears on Thanksgiving. — Colton Pouncy, Lions beat writer Lions win possibly came at a cost Several Lions players suffered injuries in this one. Kalif Raymond was ruled out with a foot injury. Taylor Decker suffered knee and ankle injuries. CB Carlton Davis III suffered a knee injury. RB David Montgomery suffered a shoulder injury. Decker was able to return to action, while Montgomery and Davis remained on the sideline, perhaps ready to go back in if needed. But still, this feels like a weekly occurrence. Injuries are certainly piling up for this team. It feels like injuries are the only thing that can slow the Lions down right now. It’s worth monitoring the status of several players heading into back-to-back Thursday games. — Pouncy Advertisement No help for Anthony Richardson Richardson picked up where he left off last week and looked like a player who was in control of the offense, though he didn’t get much help from his counterparts in Indianapolis’ 24-6 loss to Detroit. The second-year pro still had his share of errant throws, but he was also playing behind an offensive line that featured three rookies and was constantly under siege. Richardson wasn’t sacked but was hit six times and pressured even more. Richardson finished 11-of-28 passing for 172 yards. His best throw came on a 39-yard deep shot to Alec Pierce in the second quarter that put Indianapolis in the red zone with a chance to take an early lead. However, tight end Drew Ogletree dropped a walk-in touchdown two plays later, and Indianapolis settled for a field goal. Indy’s offense never recovered and finished with a season-low six points. Richardson is now 4-4 as a starter this season as Indianapolis suffered its fourth loss in five games. — James Boyd, Colts beat writer Penalties, penalties and more penalties The Colts committed 10 penalties for a total of 75 yards, with several penalties negating their big plays. Indianapolis had gains of 30, 21 and 19 yards called back after being flagged. Despite starting three rookie offensive linemen, it was star left guard Quenton Nelson who violated the rules the most. He was flagged for being an ineligible man downfield, illegal use of hands and a false start. Richardson was also penalized for intentional grounding in the fourth quarter. Indianapolis’ 10 penalties are a season-high and the second-most it has had in a single game over the last five years. Richardson led the Colts with 10 carries for 61 yards as the Lions swallowed up running back Jonathan Taylor . The 2021 league rushing champ totaled just 11 carries for a season-low 35 yards and had just one carry for 14 yards in the second half. — Boyd Required reading (Photo: Grace Hollars / IndyStar / USA Today Network)

Panthers TE Ja'Tavion Sanders has been released from the hospital

The US brokerage industry saw its first disruption in decades when Robinhood pioneered commission-free trading in 2013. NEW YORK - Robinhood Markets will expand into Asia next year, with its local headquarters to be in Singapore, chief executive officer Vlad Tenev said. “We plan to be serving customers across Asia soon,” Mr Tenev said on Dec 4 at the firm’s investor day in New York. The global expansion announcement comes on the heels of the US-based company entering the UK this year, offering some though not all of its trademark services to those customers. Mr Tenev also said the retail brokerage will expand its contracts offerings linked to specific events - potentially even to sports competitions - building on the firm’s success with those tied to this year’s US presidential race. Long dominated by high-profile names like Vanguard, Charles Schwab and Fidelity Investments, the US brokerage industry saw its first disruption in decades when Robinhood pioneered commission-free trading in 2013. It has been credited with bringing change to the US stock market industry by making trading of certain stocks and exchange-traded funds accessible by app 24 hours a day, five days a week. The 11-year-old trading app, which became synonymous with mom-and-pop investors in 2021, is now seeking to mature into a full-fledged financial services provider and compete with established brokerages that serve institutional investors. The company had 11.8 million monthly active users and 1.98 million premium customers, as of June 30. Robinhood’s shares climbed 3.5 per cent to $40 in New York on Dec 4. They have more than tripled this year. BLOOMBERG, REUTERS Join ST's WhatsApp Channel and get the latest news and must-reads. Read 3 articles and stand to win rewards Spin the wheel now

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