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San Francisco 49ers lose Christian McCaffrey and his backup on same day as disaster continuesNasdaq, S&P 500 end at record highsBillionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest. Switzerland's biggest bank, which is among the world's largest wealth managers, said the number of dollar billionaires increased from 1,757 to 2,682 over the past 10 years, peaking in 2021 with 2,686. The 10th edition of UBS's annual Billionaire Ambitions report, which tracks the wealth of the world's richest people, found that billionaires have comfortably outperformed global equity markets over the past decade. The report documents "the growth and investment of great wealth, as well as how it's being preserved for future generations and used to have a positive effect on society", said Benjamin Cavalli, head of strategic clients at UBS global wealth management. Between 2015 and 2024, total billionaire wealth increased by 121 percent from $6.3 trillion to $14.0 trillion -- while the MSCI AC World Index of global equities rose 73 percent. The wealth of tech billionaires increased the fastest, followed by that of industrialists. Worldwide, tech billionaires' wealth tripled from $788.9 billion in 2015 to $2.4 trillion in 2024. "In earlier years, the new billionaires commercialised e-commerce, social media and digital payments; more recently they engineered the generative AI boom, while also developing cyber-security, fintech, 3D printing and robotics," UBS said. The report found that since 2020, the global growth trend had slowed due to declines among China's billionaires. From 2015 to 2020, billionaire wealth grew globally at an annual rate of 10 percent, but growth has plunged to one percent since 2020. Chinese billionaire wealth more than doubled from 2015 to 2020, rising from $887.3 billion to $2.1 trillion, but has since fallen back to $1.8 trillion. However, North American billionaire wealth has risen 58.5 percent to $6.1 trillion since 2020, "led by industrials and tech billionaires". Meanwhile billionaires are relocating more frequently, with 176 having moved country since 2020, with Switzerland, the United Arab Emirates, Singapore and the United States being popular destinations. In 2024, some 268 people became billionaires for the first time, with 60 percent of them entrepreneurs. "The year's new billionaires were mainly self-made," said UBS. The report said US billionaires accrued the greatest gains in 2024, reinforcing the country's place as the world's main centre for billionaire entrepreneurs. Their wealth rose 27.6 percent to $5.8 trillion, or more than 40 percent of billionaire wealth worldwide. Billionaires' wealth from mainland China and Hong Kong fell 16.8 percent to $1.8 trillion, with the number of billionaires dropping from 588 to 501. Indian billionaires' wealth increased 42.1 percent to $905.6 billion, while their number grew from 153 to 185. Western Europe’s total billionaire wealth rose 16.0 percent to $2.7 trillion -- partly due to a 24 percent increase in Swiss billionaires. UAE billionaires' aggregate wealth rose 39.5 percent to $138.7 billion. UBS said billionaires faced an "uncertain world" over the next 10 years, due to high geopolitical tensions, trade barriers and governments with mounting spending requirements. Billionaires will therefore need to rely on their previous distinctive traits: "smart risk-taking, business focus and determination". "Risk-taking billionaires are likely to be at the forefront of creating two technology-related industries of the future already taking shape: generative AI and renewables/electrification," UBS predicted. And more flexible wealth planning will be needed as billionaire families move country and spread around the world. The heirs and philanthropic causes of baby boom billionaires are set to inherit an estimated $6.3 trillion over the next 15 years, UBS said. rjm/gv

GM to sell its stake in Michigan battery plant to LG Energy SolutionThe Arizona Cardinals are 6-6 through 12 games, which makes them an average football team. That's much better than the previous two years, which both ended with just four wins. But after two straight frustrating losses, it's not providing much consolation for a franchise that feels as though it should be much better. The latest setback came on Sunday, when the Minnesota Vikings rallied to beat the Cardinals 23-22 . Arizona never trailed until Sam Darnold threw a 5-yard touchdown pass with 1:18 remaining that proved to be the winning score. It was a mistake-filled performance for the Cardinals, who racked up 10 penalties for 96 yards. That's a big reason they had to settle for five field goals and scored just one touchdown. The Cardinals were leading 19-16 in the fourth quarter and had first-and-goal at the Vikings 5, but Tip Reiman was called for a false start and then quarterback Kyler Murray was called for intentional grounding . The Cardinals kicked a field goal for a 22-16 lead, giving the Vikings the chance they needed to drive for the winning score. Murray threw two interceptions in the fourth quarter. “I thought we moved the ball well,” Murray said. “Again, it just comes down to not scoring touchdowns. Get down there and kick field goals and penalties bite us. It’s bad — it’s bad football.” The loss knocked the Cardinals out of first place in the NFC West, though they're still in decent playoff position. A pivotal game against the division-rival Seahawks looms on Sunday. Second-year coach Jonathan Gannon acknowledged the frustration of Sunday's loss, but said they've got to rebound quickly. “They’re disappointed and down, but it’s the NFL,” Gannon said. “They’ve got to put all their energy and focus into tomorrow.” Arizona's defense blamed itself for not coming up with a stop on the Vikings' winning drive, but the unit played exceptionally well for most of the afternoon. Mack Wilson and L.J. Collier both had two sacks and the Cardinals held Minnesota to just 273 total yards. For a group that looked as if it might be the team's weakness this season, it was another rock solid performance. The Cardinals aren't a good enough football team to overcome 10 penalties and get a win — particularly on the road. Reiman had a rough day, getting called for three false starts. His false start on the next-to-last offensive drive — coupled with Murray's intentional grounding penalty — proved to be extremely costly. “That was brutal,” Gannon said. “Just got to figure out ways to punch the ball in for touchdowns there, not field goals.” Rookie Marvin Harrison Jr. had five catches for 60 yards, including an impressive touchdown catch that put the Cardinals up 19-6. It was Harrison's seventh TD reception of the season. The No. 4 overall pick has been a little inconsistent in his first year, but there's little doubt he's a difference-maker for the offense. He's still got a chance to reach 1,000 yards receiving this season if he averages about 80 yards receiving over the final five games. Considering his talent, that's certainly possible. Gannon was second-guessed for his decision to kick a field goal late in the fourth quarter instead of trying for a touchdown at the Vikings 4 with 3:29 left. Chad Ryland made the 23-yard chip shot for a 22-16 lead, but the Vikings drove the field on the ensuing possession for the winning score. “I trust JG,” Murray said. “I see both sides. Go up six and make them score; trust the defense to go get a stop. Go for it, you don’t get it, they’ve still got to go down and score. If you do get it, you probably put the game away.” Said Gannon: "Yeah, I mean there’s thought about it. Just wanted to go up more than a field goal there. Definitely a decision point that we talked about. So be it.” The Cardinals came out of the game fairly healthy. Rookie DL Darius Robinson — the No. 27 overall pick — made his NFL debut against the Vikings after missing the first 11 games due to a calf injury. 1,074 — Running back James Conner's total yards from the line of scrimmage this season, including 773 on the ground and 301 in the passing game. The Cardinals return home for a game against the Seahawks on Sunday. AP NFL: https://apnews.com/hub/nfl

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A shooter kills UnitedHealthcare's CEO in an ambush in New York, police say NEW YORK (AP) — UnitedHealthcare’s CEO has been shot and killed in what police say is a “brazen, targeted attack” outside a Manhattan hotel where the health insurer was holding its investor conference. The shooting rattled the city and set off a massive dragnet hours before the annual Rockefeller Center Christmas tree lighting. Police say 50-year-old Brian Thompson was shot around 6:45 a.m. Wednesday as he walked alone to the New York Hilton Midtown from a nearby hotel. New York City Police Commissioner Jessica Tisch says the shooter appeared to be “lying in wait for several minutes” before approaching Thompson from behind and opening fire. Police have not yet established a motive. 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 the millions of people his decisions affected. The fatal shooting of UnitedHealthcare's chief executive on a midtown Manhattan sidewalk early Wednesday swiftly became a mystery that riveted the nation. Police say it was a targeted killing. Thompson was 50. He had run health care giant UnitedHealth Group Inc.'s insurance business since 2021. It provides health coverage for more than 49 million Americans. He had worked at the company for 20 years. The business run by Thompson brought in $281 billion in revenue last year. Thompson's $10.2 million annual compensation package made him one of the company’s highest-paid executives. Hegseth fights to save Pentagon nomination as sources say Trump considers DeSantis WASHINGTON (AP) — Pete Hegseth, Donald Trump’s Pentagon pick, is fighting to hold on to his Cabinet nomination amid growing questions about his personal conduct as the president-elect’s team considers alternatives, including Florida Gov. Ron DeSantis. But Hegseth says, “We’re not backing down one bit." The Trump transition team is concerned about Hegseth’s path to Senate confirmation and is actively looking at potential replacements, according to a person familiar with the matter. Hegseth is under pressure as senators weigh a series of allegations that have surfaced against him. Beyond DeSantis, there have been discussions about shifting Michael Waltz, who was named by Trump as his national security adviser, to the Defense Department Supreme Court seems likely to uphold Tennessee's ban on medical treatments for transgender minors WASHINGTON (AP) — Hearing a high-profile culture-war clash, the Supreme Court on Wednesday seemed likely to uphold Tennessee’s ban on gender-affirming care for minors. The justices’ decision, not expected for several months, could affect similar laws enacted by another 25 states and a range of other efforts to regulate the lives of transgender people, including which sports competitions they can join and which bathrooms they can use. The case is being weighed by a conservative-dominated court after a presidential election in which Donald Trump and his allies promised to roll back protections for transgender people. The Biden administration’s top Supreme Court lawyer warned a decision favorable to Tennessee also could be used to justify nationwide restrictions on transgender healthcare for minors. Peter Navarro served prison time related to Jan. 6. Now Trump is bringing him back as an adviser WASHINGTON (AP) — President-elect Donald Trump is bringing Peter Navarro back to the White House for his second administration. Trump announced Wednesday on Truth Social that Navarro will serve as a senior counselor for trade and manufacturing. He was a trade adviser in Trump's first term. Navarro served four months in prison after being held in contempt of Congress for defying a subpoena from the House committee that investigated the Jan. 6 attack on the U.S. Capitol. Trump also chose Daniel Driscoll as Army secretary, Jared Isaacman as NASA administrator and Adam Boehler as special presidential envoy for hostage affairs. Israeli strikes on a Gaza tent camp kill at least 21 people, hospital says KHAN YOUNIS, Gaza Strip (AP) — A Palestinian health official said Wednesday that at least 21 people were killed in Israeli strikes on a camp housing displaced people in Gaza. The Israeli military said it struck senior Hamas militants. The strikes hit in the Muwasi area, a sprawling coastal camp housing hundreds of thousands of displaced people. It came after Israeli forces struck targets in other areas of Gaza. According to Palestinian medics, strikes in central Gaza killed eight people, including four children. The war in Gaza is nearly 14 months old and showing no end in sight, despite international efforts to revive negotiations toward a ceasefire. South Korean President Yoon's martial law declaration raises questions over his political future SEOUL, South Korea (AP) — President Yoon Suk Yeol’s stunning martial law declaration lasted just hours, but experts say it raised serious questions about his ability to govern for the remaining 2 1/2 years of his term. The opposition-controlled parliament overturned the edict, and his rivals on Wednesday took steps to impeach him. Yoon's move baffled many experts. One analyst called his action “political suicide.” Yoon’s political fate may depend on whether a large number of people in coming days take to the streets to push for his ouster. Yoon hasn't commented on the impeachment bid. But the political instability he unleashed could make it more difficult for his government to nurse a decaying economy. French lawmakers vote to oust prime minister in the first successful no-confidence vote since 1962 PARIS (AP) — France’s far-right and left-wing lawmakers have joined together to vote on a no-confidence motion prompted by budget disputes that forces Prime Minister Michel Barnier and his Cabinet to resign. The National Assembly approved the motion by 331 votes. A minimum of 288 were needed. President Emmanuel Macron insisted he will serve the rest of his term until 2027. However, he will need to appoint a new prime minister for the second time after July’s legislative elections led to a deeply divided parliament. Macron will address the French on Thursday evening, his office said, without providing details. Barnier is expected to formally resign by then. 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. Harris found success with women who have cats, but Trump got the dog owner vote: AP VoteCast WASHINGTON (AP) — The lead-up to the 2024 election was all about cat owners. But in the end, the dogs had their day. Donald Trump won more than half of voters who own either cats or dogs, and he had with a big assist from dog owners. That's according to AP VoteCast, a survey of more than 120,000 voters. Dog owners were much more likely to support Trump over Kamala Harris. Cat owners were evenly split between the two candidates. Harris did end up decisively winning support from women who own a cat but no dog. Past comments by Trump's running mate, JD Vance, about “childless cat ladies” briefly became a campaign issue.InterDigital Declares Regular Quarterly Cash Dividend

“We are sending a very clear message in Pennsylvania, the use of AI to harm others, especially our children, will not be tolerated,” said state Sen. Tracy Pennycuick.

NEW YORK , Dec. 9, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global publishing market size is estimated to grow by USD 19.37 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 1.2% during the forecast period. Increase in demand for diversity in content is driving market growth, with a trend towards rise in number of self-published authors. However, decreasing market share of traditional publishing poses a challenge. Key market players include Adobe Inc., Amazon.com Inc., Bertelsmann SE and Co. KGaA, Bloomsbury Publishing Plc, Cambridge University Press, Georg von Holtzbrinck GmbH and Co. KG, Haufe Lexware GmbH and Co. KG, John Wiley and Sons Inc., McGraw Hill LLC, MPS Ltd., News Corp., Oxford University Press, Pearson Plc, PLANETA CORPORACION Srl, Scholastic Corp., Thomson Reuters Corp., Vivendi SE, White Falcon Publishing Solutions LLP, Wolters Kluwer NV, YUDU Ltd., Lerner Publishing Group, and Blue Heron Book Works. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered Type (Book publishing, Magazine publishing, and Newspaper publishing), Platform (Traditional and Digital), and Geography (North America, Europe, APAC, Middle East and Africa, and South America) Region Covered North America, Europe, APAC, Middle East and Africa, and South America Key companies profiled Adobe Inc., Amazon.com Inc., Bertelsmann SE and Co. KGaA, Bloomsbury Publishing Plc, Cambridge University Press, Georg von Holtzbrinck GmbH and Co. KG, Haufe Lexware GmbH and Co. KG, John Wiley and Sons Inc., McGraw Hill LLC, MPS Ltd., News Corp., Oxford University Press, Pearson Plc, PLANETA CORPORACION Srl, Scholastic Corp., Thomson Reuters Corp., Vivendi SE, White Falcon Publishing Solutions LLP, Wolters Kluwer NV, YUDU Ltd., Lerner Publishing Group, and Blue Heron Book Works Key Market Trends Fueling Growth The self-publishing trend has significantly increased the number of books in the global publishing market. Aspiring authors now have the opportunity to publish their work independently, retaining full control and earning higher royalties, typically around 60%-80% of the book's listed price. Self-publishing saves time, cost, and eliminates the risk of losing rights to traditional publishers. Digital platforms like Amazon KDP and Smashwords expand reach with minimal upfront costs, leading to an increase in indie and self-published authors and titles, fueling market growth. The publishing market is currently experiencing significant growth in various areas. One trending sector is eBooks, which have become increasingly popular due to their convenience and accessibility. Another trend is the use of chatbots for marketing and customer service in the publishing industry. Additionally, social media is playing a major role in promoting books and reaching new audiences. The use of analytics and data-driven insights is also becoming essential for publishers to make informed decisions. Furthermore, the rise of self-publishing and print-on-demand technology is giving authors more control over their work and reducing inventory costs. Overall, the publishing industry is adapting to new technologies and consumer preferences to stay competitive. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! • The publishing market faces challenges from shifting consumer preferences towards digital formats. Declining demand for traditional print publications, due to convenience and environmental concerns, puts pressure on profit margins with significant production and distribution costs. Major US newspapers, like The New York Times and The Wall Street Journal, have seen growth in digital subscriptions, but overall print demand continues to decline. Self-publishing platforms add competition, impacting market share and revenue for traditional publishers in both newspaper and book sectors. • In the publishing market, challenges abound for both traditional and digital players. Classics and new releases, sales and marketing, distribution and logistics, and digital transformation are key areas of concern. Diversifying revenue streams through subscriptions, e-books, and audiobooks is essential for staying competitive. The digital shift requires rich content, user-friendly platforms, and security. Localization and globalization add complexity, while regulatory compliance and data privacy are critical concerns. Collaboration and partnerships are vital for success in this dynamic industry. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This publishing market report extensively covers market segmentation by 1.1 Book publishing- The educational sector's demand for books continues to grow, driven by increasing student populations and expanding access to education. Publishers respond with digital solutions and diverse content. Governments in developing countries, such as India under Sarva Shiksha Abhiyan, prioritize free education. The rise of eBooks and audiobooks broadens the market, enabling instant access and increased consumption. Independent publishing adds unique voices and niche topics, fueling market growth. Education expansion remains a key driver for the book publishing segment. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) The publishing market encompasses a vast array of genres and formats, catering to the diverse reading preferences of individuals. Notable categories include Mystery, with its intriguing plots and puzzles reminiscent of jigsaws and Rubik's cubes; Educational books, which delve into the realms of Science, as explored by luminaries like Charles Darwin , Albert Einstein , Carl Sagan , and Richard Dawkins ; and Fiction, with its captivating narratives in Romance, Women's Fiction, Young Adult, and Classics. The marketplace is populated by local bookshops, such as Kitabay, and online portals, providing access to a multitude of prospects for both physical stores and online businesses. Stock market and housing market books offer insights into potential buyers' interests, while costs vary between formats and genres. Reading enthusiasts seek out these resources, expanding their knowledge and imagination. The Publishing Market encompasses a wide range of industries and sectors, including print and digital media, educational publishing, scientific, technical and medical (STM) publishing, and academic publishing. This market is driven by various factors such as increasing literacy rates, growing demand for knowledge and information, and the shift towards digital content. The market is also influenced by trends like self-publishing, open access publishing, and subscription models. Publishers are leveraging technologies like artificial intelligence and machine learning to enhance content discovery and personalization. The market is expected to grow significantly in the coming years due to these factors and the increasing adoption of digital content. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/publishing-market-to-expand-by-usd-19-37-billion-2024-2028-fueled-by-rising-demand-for-diverse-content-report-explores-ai-driven-market-transformation---technavio-302325004.html SOURCE TechnavioHENDERSON — Given the short-staffing over at Vance County Jail — and then for the sake of fairness — the Vance County Board of Commissioners approved Christmas bonuses for all county employees during its regular Monday meeting. Each full-time employee will receive $1,000 and each part-timer, $500. The total cost to the county comes out to $180,000. The biggest department by far is Social Services with 83 full-timers and one part-timer. Maj. Johnny Hawkins spoke to the commissioners last month, asking for more effort on their part vis-à-vis staffing at VCJ. Several HR-related matters were brought before the board that night. County Manager Renee Perry also recommended cutting off the opportunity to earn overtime pay for three division chiefs in the emergency services department who were, in essence, being paid for overtime hours when policy dictated that they should not. Employees at EMS can sign up for extra hours — save for division chiefs, who are considered “exempt” under the county’s current policy. Commissioner Carolyn Faines, a member of the Public Safety Committee, asked Director Javier Plummer whether cutting that pay will result in any worse service for county citizens, who replied that he couldn’t make an official diagnosis. “From an EMS director standpoint, do I anticipate the community taking a hit? Likely not,” said Plummer. “But I can’t promise either way.” However, there are other employees beyond those chiefs — one of whom earned an extra $30,000 one year — that can fill those same spots. And it’s possible the ongoing pay study will render those chiefs’ positions non-exempt when it wraps up around six months from now, said Perry. Commissioner Dan Brummitt, who passed the chair’s gavel to Sean Alston earlier at that meeting, protested. He suggested that the county should keep the door open for those chiefs, in order to provide an additional incentive for overtime given the short-staffing at the department, until the pay study wraps up or — at least until the HR Committee can discuss the matter first. “No,” said Perry — because they’d have to do the same for the VCSO as well. That’s how the issue came to her attention, she said. A motion was made to cease those overtime payments, and it passed with Brummitt casting the only dissenting vote. Sheriff Curtis Brame also went before the commissioners to request additional cash to hire private counsel in an ongoing civil asset forfeiture case, in which three deputies are charged with skirting state protocol in the seizure of a vehicle. District Attorney Mike Waters served Brame with special summons early in November, part of which was a demand to return the car. The sheriff, by his own admission, is fine with returning it. The county gave the sheriff $25,000 to hire Thomas Manning in 2021 — the budget has since shrunk down to $5,000 since it has gone untouched, besides $13,792. Manning is retiring — thus, Brame said, he needs a new attorney and needs the budget bumped back up to the original amount. The sheriff, a county employee, is being brought to court in his official capacity, which means he’s entitled to the services of County Attorney Jonathan Care. Brame doesn’t want Care’s services, however. Care is listed in the summons, said Brame, which he said represents a conflict of interest. Brame also seemed concerned that Care could be a potential witness in the case — Care thought otherwise. “I’ve clearly said I see no conflict, no reason why I can’t include and represent both as has been done in the past,” said Care. Also, the vehicle in question is worth $2,000-$3,000 and much more is being spent on the case surrounding it — more than the matter was worth, he said. Brame said that was tantamount to putting a “price on his head.” Individual criminal matters should not be reimbursed by the county, said Care. As mentioned, the DA served Brame with a special summons that was a civil offshoot of the criminal case involving that seized vehicle. Brame feared “agreeing to anything” in the summons that could result in him incriminating himself or those three deputies, hence his asking for a bigger attorney budget. Care obviously did not approve of the sheriff’s idea — nor did Perry. Nevertheless, the commissioners tabled discussions at Brummitt’s suggestion and left Care to file an extension on the case. Commissioner Yolanda Feimster expressed concerns over whether the sheriff’s request would be a wise use of taxpayer dollars. The criminal civil asset forfeiture case is currently moving through appellate court.

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Stock market today: Tech stocks and AI pull Wall Street to more recordsPeter Dutton has been accused of blocking a show of political unity and stopping a Liberal senator from reading out the local Labor MP’s statement in the wake of the Melbourne synagogue firebombing. Macnamara MP Josh Burns, who had physically lost his voice on Friday, appeared alongside Coalition foreign affairs spokesman James Paterson and a number of state and federal Liberals outside the Adass Israel synagogue on Friday, after the early morning terror attack. Mr Burns claims Senator Paterson had agreed to read out his words, but Opposition Leader Peter Dutton intervened. “James agreed to read out a statement from me, because I thought it was really important there be a united front,” Mr Burns told ABC RN Breakfast on Tuesday. “Unfortunately, right before we got on, Peter Dutton intervened and told James that he wasn’t allowed to read out the statement. “Peter Dutton told James that he wasn’t allowed to read out my words. I wanted to stand out with James and present a united front on this, and Peter Dutton decided that it was more important to play partisan games than to allow my words that I physically couldn’t speak to be read out.” Mr Burns’ statement, which labelled the attack a “disgrace and extremely dangerous” was instead ready by the Executive Council of Australian Jewry president Daniel Aghion. Mr Burns on Tuesday said despite having no voice, “I wanted to make sure that my community knew that I was there, and that we do this in a bipartisan way”. “I wanted to show unity,” he told ABC News. “If we’re going to play those sorts of politics, I don’t think it’s in our best interests. I compare that with community leaders who have been working with people avross the Parliament regardless of their political stripes. “I’ll stand up with anyone at this moment... I don’t care. I care about my community.” In response to Mr Burns’ claims, Senator Paterson on Tuesday said that he felt “very sorry that Josh Burns and his community have been abandoned by the Labor Party in the wake of this terror attack”. “But it is not the role of a Liberal frontbencher to act as a spokesman for a Labor MP,” Senator Paterson said. “One of the many senior Albanese Government ministers should have been there to speak if Josh was not able to.” The early morning attack was on Monday deemed a likely terror incident. Prime Minister Anthony Albanese has also stood up a federal taskforce, led by the Australian Federal Police and ASIO, to combat anti-Semitism. The Coalition have slammed Mr Albanese for not yet having visited the synagogue site - although he is expected to do so this week, potentially on Tuesday. Senator Paterson earlier told the ABC Melbourne’s Jewish community were “disappointed” in the lack of leadership shown by the entire Labor cabinet. “I think it is strange that we’re now five days on from this happening and the Prime Minister still hasn’t attended and nor has any senior national security minister of the government, not the Home Affairs Minister (Tony Burke), not the Attorney-General (Mark Dreyfus),” he said. The latest development in the politicking came after one of the world’s most prominent Jewish human rights organisations prepares to issue a global warning against travel to Australia. The Simon Wiesenthal Centre in the United States reached out to community members through social media in the wake of the Ripponlea attack to say: “Arsonists burned a Melbourne synagogue, built by Holocaust survivors, injuring Jews and damaging sacred religious items”. “Jews were trapped inside a Sydney synagogue by Hamas supporters, and a Jewish bakery in Melbourne was targeted by antisemites,” the organisation said, referencing other incidents that occured within days of the Melbourne terror attack. “These attacks coincide with Australia’s vote at the UN supporting an anti-Israel resolution calling for Israel to leave parts of Jerusalem and the West Bank — an action that would leave the Jewish state with indefensible borders.”Stock market today: Tech stocks and AI pull Wall Street to more recordsCopy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The dynamics of equity markets are changing. The focus is shifting from the dominance of a few major tech companies to much broader market participation. Market performance and earnings growth have been concentrated among a small cohort of companies, dubbed the magnificent seven (Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla) or Mag 7. Their returns have been heavily influenced by artificial intelligence (AI)‐linked growth, while innovations in health care, and specifically GLP‐1s, have also seen select companies benefit. These powerful investment trends remain, but peaking earnings growth for some of these companies point to change and lessen their appeal for investors. Although still in its infancy, the broadening of equity returns beyond the magnificent seven looks set to continue into 2025. Scott Berg, portfolio manager, global equities for T. Rowe Price. To be clear, however, these are high‐quality companies that have delivered strong profitability and free cash flow, and although the infrastructure and investment cycle for AI may be peaking, we believe we are only scratching the surface in terms of the potential benefits and use cases for AI. The market may question the return on investment on AI in the near term, but we expect continued innovation and productivity to come through as companies develop their AI capabilities. This is a megatrend that is real and is not going away. Don’t overlook emerging markets Emerging markets - which were prominent in many portfolios throughout the 1990s and during the BRICS era - have been deeply out of favour since the global financial crisis. However, they are starting to show early signs of recovery. Emerging market equities have undergone a massive derating since 2008. They trade at around a 35 per cent discount to their developed market (DM) peers[1], according to the financial data and analytics provider FactSet, and their weight in global indices has plummeted. Since the pandemic, things have gone from bad to worse. Emerging market shares have been hit by a strong dollar as US interest rates rose and stayed higher for longer; they have suffered from the dire performance of the Chinese economy and stock market since 2021, and in the last few years have been weighed down by general risk‐off sentiment among investors and a rise in geopolitical tensions. Now, investors have the added uncertainty of anticipated tariffs from the new US administration. Sponsored by T. Rowe Price This content has been funded by an advertiser and written by the Nine commercial editorial team. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? 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has unveiled changes to its leadership, welcoming a new chairman. This shift comes after chair announced that he will be stepping down from the role for personal reasons. Davies to Succeed Wiseman as Chair Wiseman’s successor is , a former chairman of the . Boasting two decades of experience as the Conservative MP for Shipley, Davies is known as a staunch gambling industry supporter, making him a perfect fit for Star Sports Group. Davies, who lost his seat to Anna Dixon, has had a long and successful career that has nevertheless been marred by a few controversies. Most recently, he wagered thousands of dollars on losing his seat in the latest election. He also placed a wager on his wife Esther McVey MP keeping her seat, which also happened. Despite the few hiccups, Davies was a successful politician, whose robust experience will bolster Star Sports’ leadership team. In the meantime, Russ Wiseman will be stepping down as chair in the position because of personal reasons. A former Sportingbet head of media, Wiseman, will remain affiliated with Star Sports and will serve the bookmaker as a senior advisor. The Bookmaker Welcomed the New Appointee Star Sports’ leadership was excited to welcome Davies on board and lauded his experience. , founder of the company, said that he is delighted to announce the new chairman. He [Davies] has a wealth of experience and is a valuable addition to our senior management team. We look forward to learning from him over the coming years. Keith also thanked Wiseman for his incredible support, saying that the entire company’s team respects his decision to stand down. He added that he looks forward to continuing the company’s relationship with Wiseman during his tenure as a senior advisor. Davies himself commented on the matter, expressing excitement about the opportunity to join Star Sports in what he called “an exciting time in the company’s history.” He said that he admires Keith and his team, as well as the business they have built. Davies revealed that his working life started in his mother’s betting shop, Marilyn Davies Bookmakers, which is why betting is “in his blood.” I’m hugely looking forward to working closely with Ben and his management team to fulfill the group’s growth strategy and commitment to operating responsibly. In other News, Star Sports Group was recently from the bookmaker Spreadex.Gary O’Neil accepts criticism from Wolves fans after heavy defeat at Everton​The International Energy Agency projects global oil supply will exceed demand by over 1 million barrels per day in 2025. This forecast assumes OPEC+ maintains its current production cuts throughout the period. ​Non-OPEC+ countries, particularly the United States, Canada, and Guyana, are expected to drive the surplus through increased production. This additional output could challenge OPEC+’s ability to maintain market balance. ​The post-covid-19 pandemic demand rebound has largely played out, with growth rates expected to moderate. China’s economic slowdown remains a key concern for demand projections, potentially limiting upside pressure on prices. ​Economic headwinds in major economies could further impact consumption patterns, with the transition to cleaner energy technologies also affecting demand growth rates in developed markets. Price forecasts and market expectations ​Major investment banks have provided conservative price outlooks for 2025. Trading commodities analysts at Goldman Sachs forecast Brent crude oil averaging $76.00 per barrel. ​J.P. Morgan takes a more bearish stance, projecting Brent at $73.00 per barrel and WTI at $64.00. These forecasts reflect expectations of ample market supply and moderate demand growth. ​The U.S. Energy Information Administration anticipates increasing global inventories will pressure prices. Their analysis suggests Brent could average $74.00 per barrel in the latter half of 2025. ​These projections indicate a relatively stable price environment, though geopolitical events and OPEC+ decisions could create significant volatility. Impact on energy trading strategies ​Oil trading strategies in 2025 will need to account for potential supply surpluses and price pressures. Risk management becomes crucial in this environment. ​Traders should monitor OPEC+ compliance with production agreements, as any breakdown in unity could accelerate price declines. The group’s response to market oversupply will be critical. ​Technical analysis of key support and resistance levels will help identify entry and exit points. The $70.00-80.00 range for Brent crude appears significant based on current forecasts. ​Commodity trading platforms offer various tools to manage exposure to oil price movements, including stop losses and limit orders. Key factors to watch ​Geopolitical developments remain crucial for oil markets. U.S. energy policy changes could significantly impact global supply dynamics and price movements. ​Chinese demand growth will be essential for market balance. Any significant economic stimulus measures could boost consumption and support prices. ​The pace of energy transition and electric vehicle adoption could affect demand projections. However, the impact may be limited in the 2025 timeframe. Source: IG

USC QB Miller Moss enters transfer portal after losing starting job to Jayden Maiava

West Chester University to Celebrate Winter Commencement with Four Ceremonies

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It was the fourth time this season they had conceded four or more and the performance showed why they have the Premier League’s worst defence. When O’Neil and the players went over to acknowledge the visiting supporters there were boos for a run of two wins in 14 league matches. “Whatever the fans think of me, there is definitely no-none working harder than me and I will continue to do so until someone tells me not to,” said O’Neil, who is under increasing pressure with his side second bottom of the table. “I go over there to see them because I appreciate every one of the Wolves fans. They have given me unbelievable support since I arrived at the football club,” he said. “We managed to produce some unbelievable stuff last season with a team that was heavily tipped by most of the nation for relegation. We managed to enjoy it together. “Now it is tough. I was happy to go over there and look them right in the face and take any criticism they want to throw at me. “I accept responsibility for my part in that. Whatever criticism they want to throw at me will not change how I feel about them. “Everyone at this football club needs to do more. We will get back to be ready to fight again on Monday (another crucial game against West Ham, whose manager Julen Lopetegui’s tenure is hanging by a thread). “I will work with everything I have. I will back myself to get the most out of the group. I understand the drive for change (but) you never know how much of a percentage of supporters it is.” Veteran Ashley Young ended Everton’s 370-minute wait for a goal with a 10th-minute free-kick, his first league goal for more than two years, and on-loan Lyon midfielder Orel Mangala blasted home his first for the club to establish a 2-0 half-time lead. Two Craig Dawson own goals secured Everton’s biggest home league win since April 2019, but manager Sean Dyche insisted their issues up front were far from sorted. He said: “It’s our fifth clean sheet in the last eight so the consistency has been there in one degree, we just haven’t been scoring goals. That’s been the hardest thing to find consistently and we haven’t solved it yet. “Goals change everything, they change opinions. That’s what football is like.” The victory was hugely important in a month in which, having been hammered 4-0 at Manchester United, they face top-six sides Liverpool, Arsenal, Chelsea, Manchester City and Nottingham Forest and undoubtedly eased some of the pressure on Dyche and his players. “I’ve told them how proud I am of them,” he added. “The challenges come thick and fast on and off the pitch and they just keep going. “It’s only a step and there are many more to go but it’s a good step and a positive step. “It’s a temporary moment in time because the next one is a big one (Saturday’s Merseyside derby).”