Trump's tariffs in his first term did little to alter the economy, but this time could be different WASHINGTON (AP) — Donald Trump loved to use tariffs during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared. This time, though, his tariff threats might be different. The president-elect is talking about going much bigger — on a potential scale that creates more uncertainty about whether he’ll do what he says and what the consequences could be. His proposed tariffs against Canada and Mexico could blow up an existing trade deal. US consumer price increases accelerated last month with inflation pressures resilient WASHINGTON (AP) — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled. According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. That is up from just 2.1% in September, though it is still only modestly above the Fed’s 2% target. Trump fills out his economic team with two veterans of his first administration WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. Trump on Tuesday announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate WASHINGTON (AP) — The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth. The Commerce Department reported that growth in U.S. gross domestic product — the economy’s output of goods and services — slowed from the April-July rate of 3%. But the GDP report still showed that the American economy — the world’s largest — is proving surprisingly durable. Growth has topped 2% for eight of the last nine quarters. Trump’s latest tariff plan aims at multiple countries. What does it mean for the US? WASHINGTON (AP) — President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. On Monday, Trump sent shockwaves across the nation’s northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as part of his effort to crack down on illegal immigration and drugs. Trump said he will impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders. The UK will consult on sales targets for automakers during the transition to electric vehicles LONDON (AP) — Britain’s new Labour government will launch a consultation on sales targets set for auto manufacturers during the transition to electric vehicles. That's in the wake of the decision by Stellantis, the owner of Vauxhall, to close its van factory in southern England at the potential cost of 1,100 jobs. Business Secretary Jonathan Reynolds told lawmakers Wednesday that the problems encountered by Stellantis in the transition to electric vehicles are not unique, adding that the government will do all it can to prevent the closure of the plant. Stellantis blamed its decision on the U.K.’s “stringent” zero-emission vehicle mandate that sets strict targets for manufacturers. After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical DETROIT (AP) — While sales of electric vehicles surge in China, the spread of more environmentally friendly vehicles is stumbling in the United States and Europe as carmakers and governments struggle to meet years-old promises about affordability and charging stations. And consumers worried more about price and practicality are holding back where first-adopter climate warriors once piled in. Range, charging infrastructure and higher prices are sore points among both electric car enthusiasts and skeptics in Europe and the U.S. China is the exception. Driven by government subsidies and mandates, vehicles with electric motors, including plug-in hybrids that combine electric and fossil fuel motors, topped 50% of sales in July. Stock market today: Wall Street wavers as Big Tech stocks fall NEW YORK (AP) — Stocks wavered on Wall Street as losses for Big Tech companies offset gains elsewhere in the market. The S&P 500 was down 0.5% in afternoon trading on Wednesday, even though more stocks were rising than falling within the index. Losses for Nvidia and Microsoft helped pull the index lower. Dell sank after reporting revenue that fell shy of forecasts, and HP fell after giving a weaker-than-expected outlook. The Dow Jones Industrial Average slipped 0.2% from its record high a day earlier. The Nasdaq composite fell 1.1%. U.S. markets will be closed Thursday for Thanksgiving. Average rate on a 30-year mortgage in the US slips to 6.81% The average rate on a 30-year mortgage in the U.S. eased this week, though it remains near 7% after mostly rising in recent weeks. The rate slipped to 6.81% from 6.84% last week, mortgage buyer Freddie Mac said Wednesday. That’s still down from a year ago, when the rate averaged 7.22%. The average rate on a 30-year mortgage has been mostly rising since sliding to a two-year low of 6.08% in late September. Elevated mortgage rates and rising home prices have kept homeownership out of reach of many would-be homebuyers. U.S. home sales are on track for their worst year since 1995. Landmark fish and meat markets in London to close, ending 1,000 years of tradition LONDON (AP) — Two of London’s most famous markets — one selling fish, the other meat — are set to close in the coming years, bringing an end to traditions stretching back to medieval times. On Wednesday, The City of London Corporation, the governing body in the capital city’s historic hub, is set to present a bill to Parliament to bring an end to its responsibilities to operate the Billingsgate fish market and the Smithfield meat market, both of which have existed in some shape or form since the 11th century. That comes a day after the corporation decided not to relocate the markets to a new development just east of London in Dagenham.
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CHICAGO — With a wave of her bangled brown fingertips to the melody of flutes and chimes, artist, theologian and academic Tricia Hersey enchanted a crowd into a dreamlike state of rest at Semicolon Books on North Michigan Avenue. “The systems can’t have you,” Hersey said into the microphone, reading mantras while leading the crowd in a group daydreaming exercise on a recent Tuesday night. The South Side native tackles many of society’s ills — racism, patriarchy, aggressive capitalism and ableism — through an undervalued yet impactful action: rest. Hersey, the founder of a movement called the Nap Ministry, dubs herself the Nap Bishop and spreads her message to over half a million followers on her Instagram account, @thenapministry . Her first book, “Rest Is Resistance: A Manifesto,” became a New York Times bestseller in 2022, but Hersey has been talking about rest online and through her art for nearly a decade. Hersey, who has degrees in public health and divinity, originated the “rest as resistance” and “rest as reparations” frameworks after experimenting with rest as an exhausted graduate student in seminary. Once she started napping, she felt happier and her grades improved. But she also felt more connected to her ancestors; her work was informed by the cultural trauma of slavery that she was studying as an archivist. Hersey described the transformation as “life-changing.” The Nap Ministry began as performance art in 2017, with a small installation where 40 people joined Hersey in a collective nap. Since then, her message has morphed into multiple mediums and forms. Hersey, who now lives in Atlanta, has hosted over 100 collective naps, given lectures and facilitated meditations across the country. She’s even led a rest ritual in the bedroom of Jane Addams , and encourages her followers to dial in at her “Rest Hotline.” At Semicolon, some of those followers and newcomers came out to see Hersey in discussion with journalist Natalie Moore on Hersey’s latest book, “We Will Rest! The Art of Escape,” released this month, and to learn what it means to take a moment to rest in community. Moore recalled a time when she was trying to get ahead of chores on a weeknight. “I was like, ‘If I do this, then I’ll have less to do tomorrow.’ But then I was really tired,” Moore said. “I thought, ‘What would my Nap Bishop say? She would say go lay down.’ Tricia is in my head a lot.” At the event, Al Kelly, 33, of Rogers Park, said some of those seated in the crowd of mostly Black women woke up in tears — possibly because, for the first time, someone permitted them to rest. “It was so emotional and allowed me to think creatively about things that I want to work on and achieve,” Kelly said. Shortly after the program, Juliette Viassy, 33, a program manager who lives in the South Loop and is new to Hersey’s work, said this was her first time meditating after never being able to do it on her own. Therapist Lyndsei Howze, 33, of Printers Row, who was also seated at the book talk, said she recommends Hersey’s work “to everybody who will listen” — from her clients to her own friends. “A lot of mental health conditions come from lack of rest,” she said. “They come from exhaustion.” Before discovering Hersey’s work this spring, Howze said she and her friends sporadically napped together in one friend’s apartment after an exhausting workweek. “It felt so good just to rest in community,” she said. On Hersey’s book tour, she is leading exercises like this across the country. “I think we need to collectively do this,” Hersey explained. “We need to learn again how to daydream because we’ve been told not to do it. I don’t think most people even have a daydreaming practice.” Daydreaming, Hersey said, allows people to imagine a new world. Hersey tells her followers that yes, you can rest, even when your agenda is packed, even between caregiving, commuting, jobs, bills, emails and other daily demands. And you don’t have to do it alone. There is a community of escape artists, she said of the people who opt out of grind and hustle culture, waiting to embrace you. The book is part pocket prayer book, part instruction manual, with art and handmade typography by San Francisco-based artist George McCalman inspired by 19th-century abolitionist pamphlets, urging readers to reclaim their divine right to rest. Hersey directs her readers like an operative with instructions for a classified mission. “Let grind culture know you are not playing around,” she wrote in her book. “This is not a game or time to shrink. Your thriving depends on the art of escape.” The reluctance to rest can be rooted in capitalist culture presenting rest as a reward for productivity instead of a physical and mental necessity. Hersey deconstructs this idea of grind culture, which she says is rooted in the combined effects of white supremacy, patriarchy and capitalism that “look at the body as not human.” American culture encourages grind culture, Hersey said, but slowing down and building a ritual of rest can offset its toxicity. The author eschews the ballooning billion-dollar self-care industry that encourages people to “save enough money and time off from work to fly away to an expensive retreat,” she wrote. Instead, she says rest can happen anywhere you have a place to be comfortable: in nature, on a yoga mat, in the car between shifts, on a cozy couch after work. Resting isn’t just napping either. She praises long showers, sipping warm tea, playing music, praying or numerous other relaxing activities that slow down the body. “We’re in a crisis mode of deep sleep deprivation, deep lack of self-worth, (and) mental health,” said Hersey. According to Centers for Disease Control and Prevention data from 2022 , in Illinois about 37% of adults aren’t getting the rest they need at night. If ignored, the effects of sleep deprivation can have bigger implications later, Hersey said. In October, she lectured at a sleep conference at Gustavus Adolphus College in Minnesota, where her humanities work was featured alongside research from the world’s top neuroscientists. Jennifer Mundt, a Northwestern clinician and professor of sleep medicine, psychiatry and behavioral sciences, praises Hersey for bringing the issue of sleep and rest to the public. In a Tribune op-ed last year, Mundt argued that our culture focuses too heavily on sleep as something that must be earned rather than a vital aspect of health and that linking sleep to productivity is harmful and stigmatizing. “Linking sleep and productivity is harmful because it overshadows the bevy of other reasons to prioritize sleep as an essential component of health,” Mundt wrote. “It also stigmatizes groups that are affected by sleep disparities and certain chronic sleep disorders.” In a 30-year longitudinal study released in the spring by the New York University School of Social Work, people who worked long hours and late shifts reported the lowest sleep quality and lowest physical and mental functions, and the highest likelihood of reporting poor health and depression at age 50. The study also showed that Black men and women with limited education “were more likely than others to shoulder the harmful links between nonstandard work schedules and sleep and health, worsening their probability of maintaining and nurturing their health as they approach middle adulthood.” The CDC links sleeping fewer than seven hours a day to an increased risk of obesity, diabetes, hypertension, heart disease and more. Although the Nap Ministry movement is new for her followers, Hersey’s written about her family’s practice of prioritizing rest, which informs her work. Her dad was a community organizer, a yardmaster for the Union Pacific Railroad Co. and an assistant pastor. Before long hours of work, he would dedicate hours each day to self-care. Hersey also grew up observing her grandma meditate for 30 minutes daily. Through rest, Hersey said she honors her ancestors who were enslaved and confronts generational trauma. When “Rest Is Resistance” was released in 2022, Americans were navigating a pandemic and conversations on glaring racial disparities. “We Will Rest!” comes on the heels of a historic presidential election where Black women fundraised for Vice President Kamala Harris and registered voters in a dizzying three-month campaign. Following Harris’ defeat, many of those women are finding self-care and preservation even more important. “There are a lot of Black women announcing how exhausted they are,” Moore said. “This could be their entry point to get to know (Hersey’s) work, which is bigger than whatever political wind is blowing right now.” Hersey said Chicagoans can meet kindred spirits in her environment of rest. Haji Healing Salon, a wellness center, and the social justice-focused Free Street Theater are sites where Hersey honed her craft and found community. In the fall, the theater put on “Rest/Reposo,” a performance featuring a community naptime outdoors in McKinley Park and in its Back of the Yards space. Haji is also an apothecary and hosts community healing activities, sound meditations and yoga classes. “It is in Bronzeville; it’s a beautiful space owned by my friend Aya,” Hersey said, explaining how her community has helped her build the Nap Ministry. “When I first started the Nap Ministry, before I was even understanding what it was, she was like, come do your work here.” “We Will Rest!” is a collection of poems, drawings and short passages. In contrast to her first book, Hersey said she leaned more into her artistic background; the art process alone took 18 months to complete. After a tough year for many, she considers it medicine for a “sick and exhausted” world. “It’s its own sacred document,” Hersey said. “It’s something that, if you have it in your library and you have it with you, you may feel more human.” lazu@chicagotribune.comKingstone stock soars to 52-week high, hits $16.33
Manchester City blew a 3-0 lead to draw 3-3 against Feyenoord in a Champions League thriller on Tuesday and extend its winless run to six games. The English champions did snap a five-game losing streak but did little to boost confidence ahead of Sunday’s trip to Premier League leaders Liverpool by conceding three times in the final 15 minutes. Pep Guardiola admitted his star-studded squad were “fragile” and lacking in confidence after the worst run of his managerial career. Two goals from Erling Haaland, either side of Ilkay Gundogan’s deflected effort, looked set to restore some order for City. But the defensive frailties that have been the root cause for a staggering collapse in recent weeks was exposed in the closing stages. Anis Hadj Moussa, Santiago Gimenez and David Hancko hit back to salvage a vital point for the Dutch giants. ALSO READ | Robert Lewandowski hits Champions League century as Barcelona beats Brest 3-0 A draw leaves City with plenty of work to do to reach the knockout stages with trips to Juventus and Paris Saint-Germain to come in its next two Champions League games. Only the top eight progress directly to the last 16 with a place in the top 24 of the 36-team table enough to reach the playoff round. City drop to 15th on eight points from five matches, just one point ahead of Feyenoord in 20th. Guardiola reacted to a first home defeat for two years in a 4-0 humbling by Tottenham on Saturday by making three changes. Jack Grealish, Matheus Nunes and Nathan Ake came into the starting line-up but it still took City time to find its rhythm. Nerves around a far from full Etihad Stadium were frayed when Igor Paixao wasted a big chance to give the Dutch giants the lead. Instead, City got the break it needed when Haaland was fouled inside the box from a corner. The Norwegian missed from the penalty spot in City’s 4-1 thrashing by Sporting Lisbon last time out in the Champions League. This time Haaland was clinical and smashed the ball into the net in relieving his frustrations of recent weeks. Gundogan’s volley from the edge of the box that deflected in off Hancko gave City breathing space early in the second half. Haaland then slid in to meet Nunes’ cross for his 46th Champions League goal in 44 appearances in the competition to seemingly put City on easy street. But there was a sting in the tail for the home side after Josko Gvardiol’s slack backpass allowed Moussa in to round Ederson and fire in from a narrow angle. Guardiola held his head in his hands in response and worse was to come when Ederson failed to deal with Jordan Lotomba’s near-post effort and the ball fell kindly for Gimenez to make it 3-2. More kamikaze defending gifted Feyenoord an equaliser as Rico Lewis played Paixao onside. He eased around the onrushing Ederson and crossed for Hancko to head into an unguarded net. City has now conceded two or more goals in six consecutive games for the first time since 1963. There was still time for more drama as Grealish’s shot came back off the crossbar in City’s search for a late winner. Instead it had to settle for a point that will feel just as damaging as the previous five defeats for a side so used to winning. Comments Related Topics Manchester City / Feyenoord / UEFA Champions League 2024-25 / Premier League / Erling Haaland Latest on SportstarElon Musk 's ex-girlfriend Grimes is opening up about the couple's custody battle, calling out the billionaire for becoming "unrecognizable" to her. In a recent post on X about creativity and motherhood, the 36-year-old singer revealed that she was allegedly not allowed to see one of her children for five months. Grimes and Musk share two sons, X Æ A-Xii and Techno Mechanicus , and a daughter, Exa Dark Sideræl , together. 🤩🤩 SIGN UP for Parade's Trending News newsletter & we'll keep you in the know on the viral pop culture moments & celebrity news everyone is talking about 🗞️🗞️ "Spent a year locked in battle in a state with terrible mothers rights having my instagram posts and modeling used as reasons I shouldn't have my kids and fighting and detaching from the love of my life as he becomes unrecognizable to me, with a fraction of his resources (or iq/ strategy experience), all the while I didn't see one of my babies for 5 months," Grimes wrote on the social media platform owned by Must. The mom of three of Musk's children added, "And this is only what can be said publicly, since most of my experience these last years should remain behind closed doors." According to the Daily Mail , Musk sued for custody of his three children in Texas, the location of his business headquarters. Grimes counter-sued, filing a "petition to establish parental relationship" in a California court, claiming that Musk was withholding access to her kids and that he prevented them from seeing their terminally ill maternal grandmother. Related: Stephen King Addresses Rumor He Called Elon Musk the "New First Lady" While the Texas dispute was reportedly settled, Grimes claimed that she was left almost "bankrupt." Grimes has been publicly supportive of Musk's transgender daughter, Vivian Jenna , since her father disowned her. Musk shares Vivian with his first wife, Justine Wilson . Musk was recently selected for a role in Donald's Trump's cabinet, leading the so-called "Department of Government Efficiency" or DOGE. Next: Whoopi Goldberg Makes a Bold Declaration About Elon Musk's "Actual" Political Role
Mumbai: Following the recent conclusion of the state assembly elections, the city has witnessed a sudden surge in political hoardings, with numerous banners and posters congratulating the victorious candidates. However, despite the growing number of such advertisements, the BMC has yet to finalise and enforce a comprehensive 'Outdoor Advertisement Display' policy to regulate the proliferation of these hoardings. This policy was initially framed in September, in the aftermath of the tragic billboard crash in Ghatkopar, which claimed the lives of 17 people. Last week, the Bombay High Court strongly criticised the Maharashtra government and civic bodies across the state for not taking its directives on curbing illegal hoardings and banners "seriously." During the state assembly election, the city was flooded with hoardings from political parties and candidates. Even though the election has concluded, these hoardings continue to dominate the city's landscape. Instead of election-related advertisements, hoardings now congratulating newly elected MLAs and thanking voters can be seen at numerous locations. Activists and citizens have raised concerns and blamed the civic authorities for their apathy in taking action against the illegal hoardings. Annually, the civic body removes around 15,000 to 20,000 illegal hoardings, with 45% related to birthday wishes for political leaders or festive celebrations. These hoardings surge during elections or festivals. The BMC's new draft policy mandates written permission for all advertisements, and unauthorised displays will face penalties under Section 471 of the BMC Act, 1888, and The Maharashtra Prevention of Defacement of Property Act, 1995, which could result in up to three months' imprisonment or a Rs. 2,000 fine. However, the policy was delayed due to the model code of conduct for the state assembly election. Bhushan Gagrani, the municipal commissioner, said, "We have already started removing political banners and hoardings at many locations. However, in some areas, new banners appear even after our removal efforts. We will expedite the finalisation of the outdoor advertisement display policy to address this issue at the earliest." Meanwhile, the BMC is yet to review 381 suggestions and objections received from citizens, government agencies, social activists, and advertisers in September. After which, the draft policy will be finalised and approved by the BMC's administrator.
Three generations of Lebanese know the pain and suffering resulting from Israeli invasions of their country. Equally, three generations of Israelis know the cost – if not the futility – of invading Lebanon. The invasion of 1982 was intended to beat back Palestinian militant groups, install a pro-Israel government and provide “40 years of peace”. Instead, it birthed Hezbollah. In the 42 years since, Israeli soldiers have entered Lebanon twice more – in 2006, and again this year – to try to eliminate the threat of Hezbollah. This year’s invasion is already three weeks longer than the last. It has been far more injurious to Lebanese civilians, too; more than 3,000 have been killed since October, while nearly a quarter of the country has been displaced. And while Israeli forces have killed several senior Hezbollah commanders as well as the group’s leader, Hassan Nasrallah, Hezbollah remains a political force in Lebanon. Tuesday’s news of a ceasefire, therefore, is not the product of an overwhelming Israeli victory. It has emerged, more likely, out of a growing realisation in both sides that a victory scenario does not exist. Hezbollah, for its part, has already drawn the ire of many Lebanese for dragging them to war and holding the political system in the country hostage. Despite the heavy price Lebanon has paid, Hezbollah had remained stubborn in rejecting solutions for the country’s many troubles. Also, its attacks have made little material difference in Gaza, where Israeli forces have killed more than 44,000 Palestinians and brought the enclave to complete ruin. And yet, Israel cannot afford to wage a war on two fronts forever. Hezbollah may be both injured and embarrassed, but it is not defeated. Meanwhile, discontent is growing among many Israelis – their government appears no closer to freeing the remaining hostages in Gaza and Prime Minister Benjamin Netanyahu seems uninterested in a ceasefire deal there, and has used a televised speech to say the ceasefire in Lebanon will allow it to refocus on its operations in Gaza. The proposed 60-day ceasefire in Lebanon, brokered by the US, would see Israeli forces withdraw from southern Lebanon, while Hezbollah commits to withdrawing its forces north of the Litani River. The Lebanese Army will deploy in southern Lebanon alongside the existing UN peacekeeping force, restoring state control to an area that was previously almost exclusively the domain of Hezbollah. That would be a good thing for Lebanese sovereignty, though it is undercut somewhat by Israel’s insistence that it be allowed to bomb Lebanon unilaterally if it perceives a threat in the future. The deal is, in broad strokes, a restoration of the terms set out by UN Security Council Resolution 1701, which encapsulated the ceasefire terms that ended the 2006 war. The events of the past year – in Israel, Gaza and Lebanon – have left the world in fear that things will never again be the same in the Middle East. In light of this, a return to a status quo of sorts, at least in southern Lebanon, would give some hope that the wider spiral of violence can yet subside. There are plenty of spoilers that could blow up this deal. Itamar Ben-Gvir, a far-right Israeli minister, has been vocal in his opposition, arguing that Israel should not withdraw until Hezbollah is destroyed. A statement from Israeli army spokesman Col Avichay Adraee telling Lebanese civilians that they are prohibited from entering villages under Israeli eviction orders or areas near Israeli troops strikes another discordant tone. One can only imagine the reaction if Hezbollah were to issue a similar edict to displaced Israeli northerners wanting to return to their homes. On the Lebanese side, there is virtually “zero trust” that Israel will stick to the terms, one official told The National. In the absence of any trust, many things can go wrong. This is why the diplomatic efforts seen thus far must be maintained. A sustained commitment from Washington to an American-led committee that will oversee the development of a permanent ceasefire – especially during the current US political transition – is vital. Similarly important are the moves taking place in Lebanon to elect a president and restore some kind of political stability. If this ceasefire can be made to hold while diplomats work to untangle the knots in Israel’s other conflicts, then eventually there will be reason to trust again. There is nothing to be gained by Israel, Lebanon or Hezbollah by allowing this moment of cautious optimism to be squandered.Outstanding Arsenal thump Sporting 5-1 in Lisbon
Alec Baldwin goes off on ‘uninformed’ Americans, female directors and wife’s ‘trauma’
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