OKLAHOMA CITY — Tariffs, tax cuts, deregulations and escalated deportations are commonly discussed as likely components of the new economic environment in 2025, but it’s not likely all four of these areas change drastically, according to a national economy expert. Marci Rossell, former chief economist at CNBC and Co-Host of SQUAWK Box, spoke to the crowd of at least 400 business professionals at the Oklahoma City Convention Center Tuesday about what the economy might look like under President-elect Donald Trump in Oklahoma and across the U.S. Trump has proposed steep tariffs on Canada, China and Mexico, and continues to stand by his plan, telling Kristen Welker on NBC’s Meet the Press Sunday he doesn’t believe U.S. consumers will see the price of goods increase if the taxes are implemented, but he “can’t guarantee anything.” Some economists predict that Trump’s potential tariffs on the country’s top three trading partners will in fact increase prices for consumers. The Federal Reserve’s most recent Beige Book, which contains a summary of economic reports, showed that this has also become a concern for business owners, but before panicking over what could be, Rossell suggests looking at the current state of the economy and bond markets. “I think we can look to financial markets to give us some sense of how policy next year at the national level is likely to evolve, and what effect that is likely to have on the business climate,” Rossell said Tuesday. Financial markets have responded favorably since the election, with the S&P 500 experiencing a historic rally post-election. Rossell believes that’s because financial markets are suggesting a high probability of tax cuts and deregulation, and stock prices are sending a signal that the new administration will be successful doing so. The value of the U.S. dollar relative to the euro and yen has rallied in the last month, and the 10-year treasury bond has also performed well since the election, Rossell said, adding that the Federal Reserve Board will likely cut their benchmark rate next week, but if inflation doesn’t reach their 2% target, they might hold steady in early 2025. She said if interest rates stay higher in the U.S. than other countries, that will mean a stronger dollar. “The movement in the stock market was pretty significant, but the movement in the bond market was less so. And so this suggests to me that the probability of really high tariffs and a lot of deportations is a lot lower than the probability of tax cuts and deregulation,” Rossell said. “(And we know) that tariffs are a lot harder to implement and a lot more costly when it comes to the possibility of retaliation and the effects and that will have on businesses everywhere. It makes great talk during your campaign, but it’s a lot more difficult and costly to implement when policy actually is put into place.” An increase in deportations is possible, Rossell said, but it’s unlikely to happen at a rate of millions every quarter. She noted the Trump administration deported roughly 37,000 people every quarter in 2016, suggesting we might see about 160,000 additional deportations this year and into next year, and any increase will affect the hospitality, construction and agriculture industries at a disproportionate rate. As for the state economy, Rossell said Oklahoma is poised to continue benefiting from an in-migration trend that began during the COVID-19 pandemic. She said 7.8% of the U.S. population moved interstate last year, and while 89,000 left Oklahoma, 107,000 moved here, presumably due to an increased desire from Americans to seek a low cost-of-living area that has safe places to live. “It’s a moment, it’s an opportunity for all sorts of states and communities to really market to the rest of the world,” Rossell said. “The things you want are the things that we have. You want a safe community, you have a safe community.”Daily Post Nigeria NCC moves towards digital justice Home News Politics Metro Entertainment Sport Sponsored NCC moves towards digital justice Published on November 24, 2024 By Daily Post Staff In a bid to regulate the country’s digital transformation, the Nigerian Communications Commission (NCC) has called for a strategic collaboration with the judiciary. The workshop, with the theme, “The role of the judiciary in accelerating digital transformation in Nigeria,” was organised by NCC in collaboration with the National Judicial Institute (NJI). Speaking, the EVC noted that a functional digital economy is built on investor and consumer confidence, which are impossible in the absence of the rule of law- a critical element that is supplied by the judiciary. “Ensuring and regulating Nigeria’s digital transformation is not a task that the NCC can fulfil alone. It involves strategic collaboration with key partners, and the judiciary remains one of our most important stakeholders in this regard. “As the digital landscape continues to evolve at an unprecedented pace, the judiciary stands as a vital pillar in shaping a present and a future where technology serves humanity. The judiciary is not simply a bystander observing the digital revolution; instead, it is an active participant, playing a continuous role in shaping the legal frameworks that govern this new technological era. “The judiciary’s ability to adapt and evolve alongside technological advancements is paramount to ensuring that the benefits of digital transformation are accessible to all, while mitigating potential risks. “As the digital age advances, judicial officers must constantly adapt to ensure that the rule of law is as effective and enforceable in the online realm as it is in the world of brick and mortar. One key challenge lies in adapting existing legal principles to the complexities of emerging and evolving technologies. “Nigerians are eager to see a new chapter of digital justice, where the roles played by the judiciary are effectively translated and adapted into online contexts, as follows: protecting fundamental rights, enforcing digital contracts and resolving disputes, developing digital jurisprudence and promotion of innovation,” he said. Maida, who expressed gratitude to NJI, said the workshop will enrich the development of communications law in Nigeria, and produce outcome that will be of immense benefit to all stakeholders. 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Lamar Jackson says a lot without saying anything before characterizing his time under former Ravens coachWASHINGTON , Nov. 22, 2024 /PRNewswire/ -- Today, SHRM , the trusted authority on all things work, and the SHRM Foundation announced that Clarvida , one of the nation's leading providers of behavioral health and human services, will join the SHRM Foundation Untapped Talent initiative as the first-ever Visionary Partner. The Untapped Talent initiative helps organizations champion and implement inclusive hiring practices by engaging underutilized talent pools, including veterans, military spouses, individuals with disabilities, individuals aged 60 and older, those with a criminal record, opportunity youth, and others. As a Visionary Partner, Clarvida is making a bold commitment to hire untapped talent for the communities it serves. Clarvida is an expert at tackling the complex challenges facing people across the United States of America , through community-based solutions such as psychiatric services, counseling and therapy, foster care, and autism services. There is a severe labor shortage in the American economy, and the behavioral health sector alone is projected to face a shortage of 250,000 professionals by 2025. Hiring from untapped talent pools benefits individual workers, communities, businesses, and the economy as a whole. In fact, research indicates that inclusive hiring practices result in a 22% lower turnover rate, benefiting both employees and the communities they serve. SHRM Foundation will provide evidence-based strategies, learning, and actionable resources—such as the Employing Abilities at Work and Military Community at Work certificates—to Clarvida's People team to empower them in hiring untapped talent. As a Visionary Partner, Clarvida will focus on training Talent Acquisition and Operations teams, creating educational pipelines, and placing individuals in roles that align with their strengths and career goals. The organization, an Atar Capital affiliate, will pilot the Untapped Talent initiative in eight states—California, Georgia , Idaho , Illinois , Oregon , Pennsylvania , Washington , and West Virginia—and aims to expand to 17 states by 2026. "We applaud Clarvida for making such a visionary commitment to drive societal progress and community impact," said Wendi Safstrom , SHRM Foundation president. "By increasing awareness and implementing targeted strategies, Clarvida will enhance their workforce with diverse and capable talent while serving as a model for other organizations. The value of untapped talent must be recognized as more than a matter of social good or community goodwill. Workers from untapped talent pools provide high return on investment and unique, in-demand skills. Greater inclusivity in hiring practices opens doors to more equitable and diverse work environments where both businesses and employees can thrive." "America's labor shortage demands immediate and innovative solutions, and this initiative represents a bold step forward in reimagining how we recruit and support diverse talent," said Steve Wigginton , CEO of Clarvida. "Through our partnership with the SHRM Foundation, Clarvida is creating a replicable model for inclusive hiring that benefits individuals, families, and entire communities. Individuals from untapped talent pools can thrive in roles that align with their skills, while communities benefit from expanded access to quality care." "Workplace leaders and HR professionals can also join in the Untapped Talent initiative," said Safstrom. "Adopting SHRM Foundation's training programs and creating tailored onboarding and development pathways can help companies of all sizes offer structured career opportunities for all, even with limited resources." For more information on the Untapped Talent initiative, visit https://untappedtalent.shrm.org . About Clarvida Clarvida, formerly Pathways Health and Community Support, LLC, is a national provider of behavioral health and human services that serves nearly 60,000 clients and thousands of underserved communities annually. Clarvida is an expert at tackling the complex challenges facing people across America, with operations in 17 states. The company delivers innovative, personalized, community-based solutions such as psychiatric services, counseling and therapy, foster care, autism services and residential services for individuals with intellectual and developmental disabilities. As a champion for those who receive care and those who provide it, Clarvida's mission is to empower people to achieve their personal best, by being the nation's preferred provider, employer and community partner for health and human services. View original content to download multimedia: https://www.prnewswire.com/news-releases/shrm-foundation-and-clarvida-announce-partnership-to-champion-inclusive-hiring-through-untapped-talent-initiative-302314594.html SOURCE ClarvidaIn Minnesota, Locals Indulge in a 'Hot-and-Cold' RitualAFC standouts meet when Herbert, Chargers host Jackson's Ravens on Monday night
CHARLESTON, S.C. (AP) — Kobe Sanders scored 27 points, including five of six from the free throw line in the closing minutes, and Nevada pulled away late to beat Oklahoma State 90-78 for a fifth-place finish at the Charleston Classic on Sunday. Nevada's lone loss in its first six games came in the tournament's opening round when the Wolf Pack fell to Vanderbilt 73-71. The Cowboys never led in the contest and Nevada grabbed the lead for good on Justin McBride's tip-in with under 13 minutes left to take a 14-12 lead. Tre Coleman hit two free throws and Chuck Bailey II hit a late jumper to put Nevada up 40-33 at intermission. Abou Ousmane's tip-in at the 5:21 mark got the Cowboys within five, 75-70 but Brandon Love answered with a three-point play seconds later and the Wolf Pack pulled away. Tyler Rolison's 3 with 1:38 left pushed the lead to 84-73. Sanders hit 7 of 10 shots from the field, including 3 of 5 from distance, and was 10 of 13 from the line with three assists and a steal to lead Nevada. Nick Davidson had 23 points on 9 of 16 shooting and Love was a perfect 5-for-5 from the floor and contributed 11 points. The Wolf Pack shot 33 of 56 from the field (58.9%), including 7 of 18 from beyond the arc. Marchelus Avery and Arturo Dean both came off the Oklahoma State bench to score 15 and 13 points, respectively. Robert Jennings II and Ousmane each scored 11 points. Both teams completed the November portion of their schedule. Nevada plays host to Washington State on Dec. 2. Oklahoma State plays at Tulsa on Dec. 4. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballKobe Sanders scores 27 points, Nevada never trails in 90-78 win over Oklahoma State
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