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Gainers Kore Group Holdings KORE stock increased by 14.9% to $2.16 during Thursday's pre-market session. The market value of their outstanding shares is at $36.7 million. Zedge ZDGE stock rose 10.89% to $2.95. The company's market cap stands at $41.7 million. Gaxos.AI GXAI shares moved upwards by 9.8% to $2.8. The company's market cap stands at $10.3 million. Asset Entities ASST shares rose 8.36% to $0.48. The company's market cap stands at $4.2 million. Shenandoah SHEN stock rose 7.47% to $13.8. The company's market cap stands at $753.5 million. FingerMotion FNGR shares rose 7.27% to $1.18. The company's market cap stands at $67.4 million. Losers Baosheng Media Gr BAOS shares decreased by 26.1% to $5.25 during Thursday's pre-market session. The company's market cap stands at $8.0 million. Brera Holdings BREA stock decreased by 20.0% to $0.8. The market value of their outstanding shares is at $10.6 million. Direct Digital Holdings DRCT stock fell 16.72% to $3.09. The company's market cap stands at $46.6 million. Treasure Global TGL stock fell 8.18% to $0.21. The market value of their outstanding shares is at $2.2 million. Onfolio Holdings ONFO stock decreased by 6.67% to $1.26. The company's market cap stands at $6.4 million. VS Media Holdings VSME stock fell 6.62% to $1.13. The market value of their outstanding shares is at $3.6 million. The company's, H1 earnings came out 3 days ago. See Also: www.benzinga.com/money/best-communication-services-stocks/ This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
WASHINGTON (AP) — A tax break for millionaires, and almost everyone else. An end to the COVID-19-era government subsidies that some Americans have used to purchase health insurance. Limits to food stamps, including for women and children, and other safety net programs. Rollbacks to Biden-era green energy programs . Mass deportations . Government job cuts to “drain the swamp.” Having won the election and sweeping to power, Republicans are planning an ambitious 100-day agenda with President-elect Donald Trump in the White House and GOP lawmakers in a congressional majority to accomplish their policy goals. Atop the list is the plan to renew some $4 trillion in expiring GOP tax cuts , a signature domestic achievement of Trump's first term and an issue that may define his return to the White House. “What we’re focused on right now is being ready, Day 1,” said House Majority Leader Steve Scalise, R-La., after meeting recently with GOP colleagues to map out the road ahead. The policies emerging will revive long-running debates about America's priorities , its gaping income inequities and the proper size and scope of its government, especially in the face of mounting federal deficits now approaching $2 trillion a year . The discussions will test whether Trump and his Republican allies can achieve the kinds of real-world outcomes wanted, needed or supported when voters gave the party control of Congress and the White House . “The past is really prologue here,” said Lindsay Owens, executive director of the Groundwork Collaborative, recalling the 2017 tax debate. Trump’s first term became defined by those tax cuts, which were approved by Republicans in Congress and signed into law only after their initial campaign promise to “repeal and replace” Democratic President Barack Obama's health care law sputtered, failing with the famous thumbs-down vote by then-Sen. John McCain, R-Ariz. The GOP majority in Congress quickly pivoted to tax cuts, assembling and approving the multitrillion-dollar package by year’s end. In the time since Trump signed those cuts into law, the big benefits have accrued to higher-income households. The top 1 percent — those making nearly $1 million and above — received about a $60,000 income tax cut, while those with lower incomes got as little as a few hundred dollars, according to the Tax Policy Center and other groups. Some people ended up paying about the same. “The big economic story in the U.S. is soaring income inequality,” said Owens. “And that is actually, interestingly, a tax story.” In preparation for Trump’s return, Republicans in Congress have been meeting privately for months and with the president-elect to go over proposals to extend and enhance those tax breaks, some of which would otherwise expire in 2025. That means keeping in place various tax brackets and a standardized deduction for individual earners, along with the existing rates for so-called pass-through entities such as law firms, doctors' offices or businesses that take their earnings as individual income. Typically, the price tag for the tax cuts would be prohibitive. The Congressional Budget Office estimates that keeping the expiring provisions in place would add some $4 trillion to deficits over a decade. Adding to that, Trump wants to include his own priorities in the tax package, including lowering the corporate rate, now at 21% from the 2017 law, to 15%, and doing away with individual taxes on tips and overtime pay. But Avik Roy, president of the Foundation for Research on Equal Opportunity, said blaming the tax cuts for the nation's income inequality is “just nonsense” because tax filers up and down the income ladder benefited. He instead points to other factors, including the Federal Reserve's historically low interest rates that enable borrowing, including for the wealthy, on the cheap. “Americans don’t care if Elon Musk is rich,” Roy said. “What they care about is, what are you doing to make their lives better?” Typically, lawmakers want the cost of a policy change to be offset by budget revenue or reductions elsewhere. But in this case, there's almost no agreed-upon revenue raisers or spending cuts in the annual $6 trillion budget that could cover such a whopping price tag. Instead, some Republicans have argued that the tax breaks will pay for themselves, with the trickle-down revenue from potential economic growth. Trump’s tariffs floated this past week could provide another source of offsetting revenue. Some Republicans argue there's precedent for simply extending the tax cuts without offsetting the costs because they are not new changes but existing federal policy. “If you’re just extending current law, we’re not raising taxes or lowering taxes," said Sen. Mike Crapo, R-Idaho, the incoming chairman of the Senate Finance Committee, on Fox News. He said the criticism that tax cuts would add to the deficit is “ridiculous.” There is a difference between taxes and spending, he said, "and we just have to get that message out to America.” At the same time, the new Congress will also be considering spending reductions, particularly to food stamps and health care programs, goals long sought by conservatives as part of the annual appropriations process. One cut is almost certain to fall on the COVID-19-era subsidy that helps defray the cost of health insurance for people who buy their own policies via the Affordable Care Act exchange. The extra health care subsidies were extended through 2025 in Democratic President Joe Biden's Inflation Reduction Act, which also includes various green energy tax breaks that Republicans want to roll back. The House Democratic leader, Rep. Hakeem Jeffries of New York, scoffed at the Republican claim that they've won “some big, massive mandate” — when in fact, the House Democrats and Republicans essentially fought to a draw in the November election, with the GOP eking out a narrow majority. “This notion about some mandate to make massive, far-right extreme policy changes, it doesn't exist — it doesn't exist,” Jeffries said. Republicans are planning to use a budgetary process, called reconciliation, that allows majority passage in Congress, essentially along party lines, without the threat of a filibuster in the Senate that can stall out a bill’s advance unless 60 of the 100 senators agree. It’s the same process Democrats have used when they had the power in Washington to approve the Inflation Reduction Act and Obama's health care law over GOP objections. Republicans have been here before with Trump and control of Congress, which is no guarantee they will be able to accomplish their goals, particularly in the face of resistance from Democrats. Still, House Speaker Mike Johnson, R-La., who has been working closely with Trump on the agenda, has promised a “breakneck” pace in the first 100 days “because we have a lot to fix.” The story has been corrected to reflect that Lindsay Owens of the Groundwork Collaborative spoke of ‘income inequality,' not ‘income equality.’ Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!'Syrians are celebrating the end of a 13-year war - but what happens next can't be ignored'
NoneThe long sports-filled Thanksgiving weekend is a time when many Americans enjoy gathering with friends and family for good food, good company and hopefully not too much political conversation. Also on the menu — all the NFL and college sports you can handle. Here's a roadmap to one of the biggest sports weekends of the year, with a look at marquee games over the holiday and how to watch. All times are in EST. All odds are by BetMGM Sportsbook. • NFL: There is a triple-header lined up for pro football fans. Chicago at Detroit, 12:30 p.m., CBS: Rookie quarterback Caleb Williams and the Bears go against the Lions, who are one of the favorites to reach the Super Bowl in February. Lions favored by 10. New York at Dallas, 4:30 p.m., Fox: The Giants and Cowboys are both suffering through miserable seasons and are now using backup quarterbacks for different reasons. But if Dallas can figure out a way to win, it will still be on the fringe of the playoff race. Cowboys favored by 3 1/2. Miami at Green Bay, 8:20 p.m., NBC/Peacock: The Packers stumbled slightly out of the gate but have won six of their past seven games. They'll need a win against Miami to try to keep pace in the NFC North. Packers favored by 3. • College Football: Memphis at No. 18 Tulane, 7:30 p.m., ESPN. If college football is your jam, this is a good warmup for a big weekend. The Tigers try to ruin the Green Wave’s perfect record in the American Athletic Conference. Tulane is favored by 14. Kansas City Chiefs quarterback Patrick Mahomes works in the pocket against the Carolina Panthers during the first half of Sunday's game in Charlotte, N.C. • NFL: A rare Friday showdown features the league-leading Chiefs. Las Vegas at Kansas City, 3 p.m. Prime Video: The Chiefs and quarterback Patrick Mahomes are 12-point favorites over the Raiders. • College Basketball: Some of the top programs meet in holiday tournaments around the country. Battle 4 Atlantis championship, 5:30 p.m., ESPN: One of the premier early season tournaments, the eight-team field includes No. 3 Gonzaga, No. 14 Indiana and No. 24 Arizona. Rady Children's Invitational, 6 p.m., Fox: It's the championship game for a four-team field that includes No. 13 Purdue and No. 23 Mississippi. • College Football: There is a full slate of college games to dig into. Oregon State at No. 11 Boise State, noon, Fox: The Broncos try to stay in the College Football Playoff hunt when they host the Beavers. Boise State favored by 19 1/2. Oklahoma State at No. 23 Colorado, noon, ABC: The Buffaloes and Coach Prime are still in the hunt for the Big 12 championship game when they host the Cowboys. Colorado favored by 16 1/2. Georgia Tech at No. 6 Georgia, 7:30 p.m., ABC: The Bulldogs are on pace for a spot in the CFP but host what could be a tricky game against rival Georgia Tech. Georgia favored by 19 1/2. • NBA. After taking Thanksgiving off, pro basketball returns. Oklahoma City at Los Angeles Lakers, 10 p.m., ESPN: The Thunder look like one of the best teams in the NBA's Western Conference. They'll host Anthony Davis, LeBron James and the Lakers. Los Angeles Lakers forward LeBron James dunks during the first half of a Nov. 23 game against the Denver Nuggets in Los Angeles. • College Football. There are more matchups with playoff implications. Michigan at No. 2 Ohio State, noon, Fox: The Wolverines are struggling one season after winning the national title. They could make their fan base a whole lot happier with an upset of the Buckeyes. Ohio State favored by 21. No. 7 Tennessee at Vanderbilt, noon, ABC: The Volunteers are a fairly big favorite and have dominated this series, but the Commodores have been a tough team this season and already have achieved a monumental upset over Alabama. Tennessee favored by 11. No. 16 South Carolina at No. 12 Clemson, noon, ESPN: The Palmetto State rivals are both hanging on the edge of the CFP playoff race. A win — particularly for Clemson — would go a long way toward clinching its spot in the field. Clemson favored by 2 1/2. No. 3 Texas at No. 20 Texas A&M, 7:30 p.m. ABC: The Aggies host their in-state rival for the first time since 2011 after the Longhorns joined the SEC. Texas favored by 5 1/2. Washington at No. 1 Oregon, 7:30 p.m., NBC: The top-ranked Ducks have been one of the nation’s best teams all season. They’ll face the Huskies, who would love a marquee win in coach Jedd Fisch’s first season. Oregon favored by 19 1/2. • NBA: A star-studded clash is part of the league's lineup. Golden State at Phoenix, 9 p.m., NBA TV: Steph Curry and the Warriors are set to face the Suns' Big Three of Kevin Durant, Devin Booker and Bradley Beal. • NFL: It's Sunday, that says it all. Pittsburgh at Cincinnati, 1 p.m., CBS: Joe Burrow is having a great season for the Bengals, who are struggling in other areas. They need a win to stay in the playoff race, hosting a Steelers team that's 8-3 and won five of their past six. Bengals favored by 3. Arizona at Minnesota, 1 p.m., Fox: The Cardinals are tied for the top of the NFC West while the Vikings are 9-2 and have been one of the biggest surprises of the season with journeyman Sam Darnold under center. Vikings favored by 3 1/2. Philadelphia at Baltimore, 4:25 p.m., CBS: Two of the league's most electric players will be on the field when Saquon Barkley and the Eagles travel to face Lamar Jackson and the Ravens. Ravens favored by 3. San Francisco at Buffalo, 8:20 p.m. NBC/Peacock: The 49ers try to get back to .500 against the Bills, who have won six straight. Bills favored by 7. • NBA. The best teams in the Eastern Conference meet in a statement game. Boston at Cleveland, 6 p.m., NBA TV: The defending champion Celtics travel to face the Cavs, who won their first 15 games to start the season. • Premier League: English soccer fans have a marquee matchup. Manchester City at Liverpool, 11 a.m., USA Network/Telemundo. The two top teams meet with Manchester City trying to shake off recent struggles. • Auto Racing: The F1 season nears its conclusion. F1 Qatar Grand Prix, 11 a.m., ESPN2 – It's the penultimate race of the season. Max Verstappen already has clinched his fourth consecutive season championship. - Seasons coached: 23 - Years active: 1981-2003 - Record: 190-165-2 - Winning percentage: .535 - Championships: 0 Dan Reeves reached the Super Bowl four times—thrice with the Denver Broncos and once with the Atlanta Falcons—but never won the NFL's crown jewel. Still, he racked up nearly 200 wins across his 23-year career, including a stint in charge of the New York Giants, with whom he won Coach of the Year in 1993. In all his tenures, he quickly built contenders—the three clubs he coached were a combined 17-31 the year before Reeves joined and 28-20 in his first year. However, his career ended on a sour note as he was fired from a 3-10 Falcons team after Week 14 in 2003. - Seasons coached: 23 - Years active: 1969-91 - Record: 193-148-1 - Winning percentage: .566 - Championships: 4 Chuck Noll's Pittsburgh Steelers were synonymous with success in the 1970s. Behind his defense, known as the Steel Curtain, and offensive stars, including Terry Bradshaw, Franco Harris, and Lynn Swann, Noll led the squad to four Super Bowl victories from 1974 to 1979. Noll's Steelers remain the lone team to win four Super Bowls in six years, though Andy Reid and Kansas City could equal that mark if they win the Lombardi Trophy this season. Noll was elected to the Pro Football Hall of Fame in 1993, two years after retiring. His legacy of coaching success has carried on in Pittsburgh—the club has had only two coaches (Bill Cowher and Mike Tomlin) since Noll retired. - Seasons coached: 21 - Years active: 1984-98, 2001-06 - Record: 200-126-1 - Winning percentage: .613 - Championships: 0 As head coach of Cleveland, Kansas City, Washington, and San Diego, Marty Schottenheimer proved a successful leader during the regular season. Notably, he was named Coach of the Year after turning around his 4-12 Chargers team to a 12-4 record in 2004. His teams, however, struggled during the playoffs. Schottheimer went 5-13 in the postseason, and he never made it past the conference championship round. As such, the Pennsylvania-born skipper is the winningest NFL coach never to win a league championship. - Seasons coached: 25 - Years active: 1946-62, '68-75 - Record: 213-104-9 - Winning percentage: .672 - Championships: 7 The only coach on this list to pilot a college team, Paul Brown, reached the pro ranks after a three-year stint at Ohio State and two years with the Navy during World War II. He guided the Cleveland Browns—named after Brown, their first coach—to four straight titles in the fledgling All-America Football Conference. After the league folded, the ballclub moved to the NFL in 1950, and Cleveland continued its winning ways, with Brown leading the team to championships in '50, '54, and '55. He was fired in 1963 but returned in 1968 as the co-founder and coach of the Cincinnati Bengals. His other notable accomplishments include helping to invent the face mask and breaking pro football's color barrier . - Seasons coached: 33 - Years active: 1921-53 - Record: 226-132-22 - Winning percentage: .631 - Championships: 6 An early stalwart of the NFL, Curly Lambeau spent 29 years helming the Green Bay Packers before wrapping up his coaching career with two-year stints with the Chicago Cardinals and Washington. His Packers won titles across three decades, including the league's first three-peat from 1929-31. Notably, he experienced only one losing season during his first 27 years with Green Bay, cementing his legacy of consistent success. Born in Green Bay, Lambeau co-founded the Packers and played halfback on the team from 1919-29. He was elected to the Hall of Fame as a coach and owner in 1963, two years before his death. You may also like: Countries with the most active NFL players - Seasons coached: 29 - Years active: 1960-88 - Record: 250-162-6 - Winning percentage: .607 - Championships: 2 The first head coach of the Dallas Cowboys, Tom Landry held the position for his entire 29-year tenure as an NFL coach. The Cowboys were especially dominant in the 1970s when they made five Super Bowls and won the big game twice. Landry was known for coaching strong all-around squads and a unit that earned the nickname the "Doomsday Defense." Between 1966 and 1985, Landry and his Cowboys enjoyed 20 straight seasons with a winning record. He was elected to the Hall of Fame in 1990. - Seasons coached: 29 - Years active: 1991-95, 2000-23 - Record: 302-165 - Winning percentage: .647 - Championships: 6 The most successful head coach of the 21st century, Bill Belichick first coached the Cleveland Browns before taking over the New England Patriots in 2000. With the Pats, Belichick combined with quarterback Tom Brady to win six Super Bowls in 18 years. Belichick and New England split after last season when the Patriots went 4-13—the worst record of Belichick's career. His name has swirled around potential coaching openings , but nothing has come of it. Belichick has remained in the media spotlight with his regular slot on the "Monday Night Football" ManningCast. - Seasons coached: 40 - Years active: 1920-29, '33-42, '46-55, '58-67 - Record: 318-148-31 - Winning percentage: .682 - Championships: 6 George Halas was the founder and longtime owner of the Chicago Bears and coached the team across four separate stints. Nicknamed "Papa Bear," he built the ballclub into one of the NFL's premier franchises behind players such as Bronko Nagurski and Sid Luckman. Halas also played for the team, competing as a player-coach in the 1920s. The first coach to study opponents via game film, he was once a baseball player and even made 12 appearances as a member of the New York Yankees in 1919. He was inducted into the Hall of Fame in 1963 as both a coach and owner. - Seasons coached: 33 - Years active: 1963-95 - Record: 328-156-6 - Winning percentage: .677 - Championships: 2 The winningest head coach in NFL history is Don Shula, who first coached the Baltimore Colts (losing Super Bowl III to Joe Namath and the New York Jets) for seven years before leading the Miami Dolphins for 26 seasons. With the Fins, Shula won back-to-back Super Bowls in 1972 and 1973, a run that included a 17-0 season—the only perfect campaign in NFL history. He also coached quarterback great Dan Marino in the 1980s and '90s, but the pair made it to a Super Bowl just once. Shula was inducted into the Hall of Fame in 1997. Story editing by Mike Taylor. Copy editing by Robert Wickwire. Photo selection by Lacy Kerrick. 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Greg Lindberg Releases Family Christmas Video After National News Stories About His ChildrenThe Tampa Bay Rays have had six of their 2025 regular-season games shifted to the early season due to weather issues from playing outside, Major League Baseball announced Monday. The Rays' usual home, domed Tropicana Field, was damaged by Hurricane Milton last month with almost all of its roof shredded and no possibility of playing there next year. As a result, the Rays moved their 2025 home games from St. Petersburg to the New York Yankees training complex at nearby Tampa, which has an 11,000-seat outdoor stadium. An April series scheduled against the Los Angeles Angels that had been set for California will instead be played April 8-10 in Florida. A series between the two which had been set for August in Florida will now be hosted by the Angels on August 4-6. A Rays series against the Minnesota Twins planned in Minneapolis from May 26-28 will instead be played on the same dates in Tampa while a series that had been set for Tampa on July 4-6 will now be played in Minnesota. Florida summers can bring extreme heat and rain. js/bsp
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The Trudeau government’s two-pronged announcement of a goods and services tax holiday on certain “essential” items and its pledge to dole out $250 to millions of people in the country have left economists scrambling to gauge the impact of Ottawa’s $6.3-billion, election-style splurge. With Canada’s economy facing several headwinds, the stimulus cheques and the sales tax break on items such as groceries, children’s clothing, beer and Christmas trees are expected to spur consumers to open their wallets, boosting economic growth in the near term. However, the sugar high could fade quickly, as shoppers simply shift around the timing of their purchases. And the jolt of spending – coming on top of recent hotter-than-expected inflation data – may help convince the Bank of Canada to slow its pace of interest-rate cuts. The new big-ticket spending proposals also raise questions about Ottawa’s ability to stay within its self-imposed deficit guardrails, especially if, as some economists think, Prime Minister Justin Trudeau decides to make the sales tax changes permanent as a way to placate angry voters. “Once politicians get the idea that, ‘Oh, playing with the GST, playing with things that are taxable or not,’ is a political winner, they’re never going to stop. And that is not good for the budget and it’s not good for tax policy,” said Stephen Gordon, an economics professor at Laval University. Coming in at around 0.2 per cent of gross domestic product, Ottawa’s package will ripple through the economy – but it’s hardly a game-changer. The economics team at Bank of Montreal boosted its GDP growth estimate for the first quarter of 2025 to 2.5 per cent from 1.7 per cent, but trimmed its GDP growth forecast for the third quarter, when the effect of the stimulus fades. Avery Shenfeld, chief economist at Canadian Imperial Bank of Commerce, said that the tax rebates could theoretically increase GDP by as much as a quarter-percentage-point next year, especially because fiscal stimulus has a bigger impact when there is slack in the economy, as is currently the case. “But that’s only if these cheques are permitted to raise the federal deficit,” Mr. Shenfeld wrote in a client note. “If Ottawa is merely shifting funds from what it otherwise would have spent elsewhere, in order to stick to a given deficit target, the impact could be negated.” It’s also unclear how much the stimulus cheques will increase consumer spending, with people potentially pocketing the money or using it to pay down debt, rather than going shopping Mr. Shenfeld said the overall package would likely have a “very marginal” impact on upcoming Bank of Canada interest-rate decisions. This view was shared by other Bay Street economists, although there was a broad agreement that Ottawa’s stimulus essentially seals the deal for a quarter-point rate cut at the next Bank of Canada meeting in December, rather than another half-point cut, as happened in October. “On its own, this probably doesn’t move the needle so significantly because of the fact that it’s not massive and it is temporary,” said Taylor Schleich, director of economics and strategy at National Bank Financial. However, complicating that is the fact the measures come at the same time as stimulus is rolling out from other levels of government, inflation has picked up and housing markets are potentially reaccelerating, he said. “If the Bank of Canada was on the fence about cutting 25 or 50 basis points, perhaps all of this data taken together leads them more towards a more gradual easing approach in the near term,” he said. Bank of Canada Governor Tiff Macklem said last month that the bank is less concerned than it was about government spending fuelling inflation and working at cross purposes to the bank’s still-restrictive monetary policy now that inflation is largely under control. “We’re no longer trying to get inflation down. Government spending is not pushing against us getting inflation down, we’ve got it down,” he told the Senate Banking Committee. It’s so far impossible to say how the two measures will impact the federal government’s bottom line, because Ottawa has yet to produce its final spending and revenue picture for the past fiscal year. However, in an Oct. 17 report , the Parliamentary Budget Officer, Canada’s budgetary watchdog, estimated the deficit for 2023-24 would come in at $46.8-billion, deeper than the $40-billion deficit laid out in the government’s 2024 budget. The government’s own fiscal guardrail aims to maintain the 2023-24 deficit at or below $40.1-billion. The stimulus cheques and GST changes will likely erode the government’s fiscal standing in the coming months, according to Derek Holt, head of capital markets economics at Bank of Nova Scotia, who speculated in a Friday note to clients that the planned two-month GST holiday “is very likely to turn permanent and blow through Ottawa’s finances.” In a separate report, Mr. Holt estimated if the GST changes were made permanent, along with the stimulus cheques, the changes would result in a $14-billion hit to federal finances in fiscal 2025-26 and $10-billion a year in subsequent years. Over a five-year horizon, if the GST changes remained permanent, “the cumulative deficit would balloon by about an extra $52-billion,” he wrote. Even if the changes remain temporary, economists tend to view these types of stimulus measures dimly, thinking of them as inefficient and poorly targeted. “If they wanted to beef up the income support at lower income levels then you either increase the GST rebates or the Canada Child Benefit, things like that. Just across the board $250 to everybody, that’s clearly electoral,” Prof. Gordon said. Luc Godbout, an economics professor at the Université de Sherbrooke, said the temporary nature of tax cuts will cause consumers to shift the timing of their consumption and complicate things for retailers. And higher-income individuals may also benefit disproportionately from the GST break on things such as restaurant meals. “These are not measures that were thought out from an economic perspective, but from a political perspective,” he said in an e-mail. Nor do the stimulus cheques or GST changes do anything to “impact our long-term growth trajectory or close the competitive gap we have with the U.S.” when it comes to attracting business investment, said Kevin Milligan, a professor of economics at the Vancouver School of Economics at the University of British Columbia. “When you’re in a world of being in deficit and there’s not a macroeconomic need for it, I don’t see these as economically defensible measures,” he said.Remains found in Pennsylvania in 1973 are identified as a missing 14-year-old
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Do tree-shaped Reese’s actually taste better than a regular peanut butter cup?Geneva, Switzerland , Dec. 26, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that it received formal written confirmation from The Nasdaq Stock Market, LLC ("Nasdaq”) confirming that the Company has regained compliance with Nasdaq's minimum bid price requirement. The regaining of compliance is a result of the Company's closing bid price of the Ordinary Shares being at least $1.00 for at least 10 consecutive business days prior to January 28, 2025 deadline, as described in the initial notice from Nasdaq received by the Company on August 1, 2024. The closing bid price of the Company's Ordinary Shares has been at $1.00 per share or greater from December 11 to December 24, 2024. Accordingly, Nasdaq Listing Qualifications Staff has determined that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and the matter is now closed. About SEALSQ SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com . Forward Looking Statements This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to implement its growth strategies; SEALSQ's ability to successfully launch post-quantum semiconductor technology; SEALSQ's ability to capture a share of the quantum semiconductor market; the growth of the quantum computing market; SEALSQ's ability to expand its U.S. operations; SEALSQ's ability to make additional investments towards the development of a new generation of quantum-ready semiconductors; SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the quantum computing market; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 [email protected] The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / [email protected] Katie Murphy Tel: +212 836-9612 / [email protected]