getty images 7xm
ZAGREB (Reuters) -Borussia Dortmund eased past hosts Dinamo Zagreb 3-0 in the Champions League on Wednesday to stay firmly on course for a top-eight finish and automatic qualification to the knockout stage. Jamie Bynoe-Gittens fired last year's finalists into a deserved lead in the 41st minute before the unmarked Ramy Bensebaini headed in their second goal in the 56th. Forward Serhou Guirassy, back after a short illness, also got on the scoresheet in the 90th, slotting in after coming on as a substitute. The Ruhr valley club, who also hit the woodwork twice, have now won four of their five matches in the competition despite struggling on the road in the Bundesliga this season with no away wins. They are now on 12 points in fourth place of the new-format Champions League with three games left. Dinamo are on seven points in 23rd. The top eight teams automatically qualify for the knockout stage while the next 16 teams go into qualification playoffs. It was one-way traffic from the start with Dortmund controlling possession and hitting the woodwork through Bensebaini's looping header and Donyell Malen's effort a little later. The Dutch forward then saw Dinamo keeper Danijel Zagorac spectacularly stop his point-blank header in the 41st, seconds before the ball landed with Bynoe-Gittens who shook off two defenders and unleashed an unstoppable shot past the keeper. Bensebaini then did it better himself, heading in a corner after being left with far too much space in the box. Dinamo's Zagorac had to come to the rescue again in the 65th, palming a deflected Malen shot wide. Zagorac could do nothing in the final minute of the game when Guirassy broke clear and pounced on a deflected pass to slot in through the keeper's legs. (Reporting by Karolos Grohmann; editing by Clare Fallon)Percentages: FG 54.000, FT .714. 3-Point Goals: 8-20, .400 (L'Amoreaux 3-7, Andersen 2-6, Selimovic 2-2, Nicoletti Leite 1-2, J.Brown 0-2, McGruder 0-1) Blocked Shots: 3 (Coe 3) Turnovers: 17 (L'Amoreaux 4, Selimovic 4, J.Brown 3, Nicoletti Leite 2, Andersen 1, Beach 1, R.Brown 1, Team 1) Steals: 3 (Beach 1, J.Brown 1, Selimovic 1) Technical Fouls: None Percentages: FG 45.614, FT .667. 3-Point Goals: 7-26, .269 (Theuerkauf 2-8, Williams 2-4, Jones 1-5, Jordan 1-5, Andrews 1-1, Conley 0-1, Sørbye 0-2) Blocked Shots: None. Turnovers: 15 (Hinds 4, Cowles 3, Williams 3, Conley 2, Andrews 1, Jones 1, Team 1) Steals: 8 (Jones 3, Williams 3, Cowles 2) Technical Fouls: None A_788 Officials_Whitney Armstrong, Tom Danaher, Dee KantnerInvesting.com -- Morgan Stanley upgraded its view on consumer finance stocks to "attractive" given positive fundamentals and a friendlier regulatory environment. Key drivers include easing inflation, lower unemployment, and stable lending standards. Delinquencies, which slowed significantly in 2024, are expected to decline further in 2025. EPS growth for the sector is projected at 15%, marking the fastest pace in four years. The brokerage highlighted lighter regulatory pressure under a GOP-controlled government. Morgan Stanley (NYSE:MS) predicts the CFPB’s proposed late fee rule may not pass, boosting earnings for companies like Synchrony Financial (NYSE:SYF) and Bread Financial. Morgan Stanley upgraded to Synchrony to “overweight” from “underweight,” raising target price on the stock to $82 from $40. While Bread Financial was upgraded to “overweight” from “underweight,” taking target up to $76 from $35, adding that late fees are about 20-25% of BFH revenues. A $8 late fee cap implementation would have represented a material forward earnings hit without offsets. However, the lower likelihood of rule survival at this point rebalances the bull-bear skew for 2025 and beyond. MS analyst said they now expect late fee rule to either roll back or fail to make it past the courts. The rule has been stuck in the courts for 9 months now, and faces a high bar to make it past the conservative-dominated courts, including the Fifth Circuit and Supreme Court. Loan growth, however, remains a concern. Consumer lending is slowing, with card loan growth expected to stabilize at 3%-4% by mid-2025. The note flagged potential risks, including higher valuations and uncertainty over credit quality improvements. Yet, analysts remain optimistic about deregulation beneficiaries and firms with EPS catalysts in the next year. Related Articles Morgan Stanley boosts consumer finance outlook for 2025 UK's Starmer asks regulators to prioritise economic growth, Sky reports Investing.com's stocks of the week
The idea should be politically disqualifying: Imposing tariffs on imports raises prices paid by American consumers and businesses. No politician should be able to tell voters he’ll raise their costs, and receive their blessing. Yet Donald Trump does. He campaigned in the 2024 presidential race by promising aggressive new levies on imports from basically everywhere and won a convincing electoral college victory. Voters don’t seem to think Trump’s tariffs will harm them. Trump is now moving fast to put his tariffs into place once he takes office in January. He says one of his first-day priorities will be slapping a 25% tariff on imports from Mexico and Canada, and a new 10% levy on goods from China. Those are America’s top three trading partners , and they ship about $1.3 trillion in goods to the United States each year. If those taxes go into effect, they’d raise the cost of those imports by about $236 billion. Most economists say across-the-board tariffs impede efficiency , depress growth , and kill jobs . The Peterson Institute for International Economics estimates Trump’s full tariff plan would cost the typical household $2,600 per year in higher costs . Voters say, meh. Why the disconnect? Three reasons. First, tariffs are confusing. A recent Morning Consult poll asked voters about their views on tariffs and found that many people don’t even know what they are, exactly. Only 25% correctly said a tariff is a fee a US company pays to the US government to import a product. Sixty percent incorrectly said the foreign company or the foreign government pays the fee, and 15% said they don’t know. So most Americans mistakenly think somebody other than Americans pays the tariffs. Read more: How do tariffs work, and who really pays them? Yet 56% of Americans think US companies and consumers bear the majority of the costs imposed by tariffs. And they’re split on whether tariffs would be good or bad for the US economy. Thirty-eight percent think a 20% tariff would be good for the economy, while 41% think it would be bad, and 21% don’t know. The overall picture is that Americans have a poor understanding of tariffs and, not surprisingly, are conflicted about what they’re likely to accomplish. Second, Americans don’t feel like Trump’s tariffs caused any harm during his first term, when he placed new taxes on steel and aluminum imports and about half of all imports from China. Those tariffs did cause limited harm by raising costs to some US producers. But that came at a relatively benign time for the economy, when inflation was low and the massive COVID-era supply chain disruptions hadn’t happened yet. Trump also crafted those first-term tariffs in a way that raised the cost of intermediate goods, such as components, while keeping finished retail products off the list. Producers saw the price hikes but managed workarounds — such as getting components from Vietnam instead of China — that limited the impact felt by final purchasers, aka American shoppers. There was one exception: washing machines. Trump placed a 20% tariff on imported washing machines, which promptly raised the price of laundry equipment by 12% and boosted the profits of manufacturers. That’s a template for what’s likely to happen in Trump’s second term if he directly tariffs finished consumer goods. Third, Trump tends to threaten much larger tariffs than he actually imposes. When running for president in 2016, for instance, he said he might impose a 45% tariff on all Chinese imports. As president, however, he levied tariffs ranging from 7.5% to 25% on just half of Chinese imports, while exempting most finished consumer products. Trump watchers now understand that he threatens tariffs as a negotiating tactic. “While Trump is the 'Tariff Man' and will be willing to see through these proposals, we also see him as prepared and willing to back down in exchange for key policy concessions,” financial firm Raymond James explained in a Nov. 25 analysis. “The announcement of the tariffs — almost two months before Trump is sworn into office — should be viewed as a play to bring Mexico, Canada, and China to the negotiating table fairly early on." Trump wants China to crack down on illegal fentanyl shipments to the United States. He wants Mexico to do the same and also get better control of migrants passing through the country as they try to cross the US southwest border. It’s not clear what he wants from Canada, but he’ll assuredly come up with something. Economists versed in the unhappy history of tariffs worry that Trump will overplay his hand and tank the US economy. To many Americans, however, tariffs are an arcane concept that Trump uses to heckle adversaries with little impact on everyday life. If we’re lucky, it’ll stay that way. Rick Newman is a senior columnist for Yahoo Finance . Follow him on Twitter at @rickjnewman . Click here for political news related to business and money policies that will shape tomorrow's stock prices . Read the latest financial and business news from Yahoo Finance
DePaul cruises to win over Loyola MarylandFairfield 72, Wake Forest 65
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ended. In information made public Monday, the New Jersey Division of Gaming Enforcement fined DraftKings $20,000. It also levied $10,000 fines on Rush Street Interactive NJ and the sports betting technology company Kambi. According to documents released by the state, Rush Street accepted 16 bets worth $1,523 in Nov. 2021 on a college basketball game between the University of North Carolina-Asheville and Tennessee Tech University after the game had already concluded with a UNC victory. Kambi told the enforcement division that a trader had failed to manually remove that game from its betting markets, saying it had stopped receiving messages from its own sports data provider due to a network connectivity error. Kambi said it has updated its guidelines and retrained its traders to prevent a recurrence. Kambi, which is based in Malta, did not immediately respond to a message seeking comment Monday. Rush Street declined comment, and DraftKings had no immediate comment Monday. DraftKings stopped using Kambi in 2021. In March 2022 Rush Street took seven bets totaling just under $2,900 on three Magic City Jai Alai games after the results were already known. Kambi told the division it experienced a connectivity issue that allowed the bets to be accepted after the games were over. An explanation of what Kambi did to address the situation was blacked out in documents released by the division. A month earlier Rush Street took 13 wagers worth $8,150 with pre-match odds on a Professional Golf Association match after the event had already begun. In this case, Kambi told the division a newly hired trader failed to enter the correct closing time time for bets on the event. The trader and a supervisor underwent retraining. DraftKings was fined for taking bets on unapproved events including Russian basketball for nine months in 2020 and 2021. It eventually voided over $61,000 in bets and returned the money to customers after being directed to do so by the state. In this case, Kambi told the division it misidentified this particular Russian basketball league as one that was approved for wagering in New Jersey. DraftKings told the state it did not catch the error, either. In 2020, DraftKings accepted 484 wagers on unapproved table tennis matches. Kambi incorrectly enabled the events for wagering without conditions required by the state, the division said. In Feb. 2022, the division said DraftKings took pre-season NFL bets involving specific players but did not give the state specific information on what information was to be included in the bets, drawing 182 wagers worth nearly $7,000 that were later voided and refunded to customers. Follow Wayne Parry on X at www.twitter.com/WayneParryACMy problem is not being able to turn new relationships into meaningful friendships. I have met many wonderful people but have a problem getting close with anyone. Any suggestions? — Feeling Isolated Dear Isolated: I know it doesn’t feel like it, but you’re not alone. Many adults struggle to make the deep connections they want, especially later in life or in new communities. I turned to my friend and friendship expert Anna Goldfarb, author of “Modern Friendship: How to Nurture Our Most Valued Connections.” Here’s what she advises: “One of the best strategies for deepening a friendship is to provide what researchers call social identity support, which is seeing your friends for all the roles they play in their life: their race, class, gender and religion. This could look like asking to try their favorite dishes they grew up eating, including them in your cultural traditions and signaling that you’d like to be a part of theirs, too. “Another strategy is to recruit an accountability buddy. Identify a meaningful goal you both want to achieve — moving your body more, learning how to knit, watching every Matt Damon movie in chronological order — whatever floats your boat. Your friendship will deepen as you cheer on one another because you’re more invested in your successes.” Goldfarb told me, and I agree, that you’re off to a great start. So, you should congratulate yourself on making the effort and for continuing to try. It’s not always easy or as straightforward as we’d like, but you’re on the right path. Dear Eric: I enjoy your column and would like to make a comment regarding the letter from “Game Off” regarding her frustrations with her 10-year-old grandnephew who plays video games while on family vacation. I agree family time is important, and, in her own home, she should negotiate something with her niece so she can spend time with her grandnephew during visits. However, she’s completely out of touch regarding gaming. Many colleges now have competitive gaming teams supported by computing and graphic design faculty and they operate out of the athletics department just like other teams — it’s called “esports” and is becoming a big business. Her grandnephew may be headed to a successful career down the road through gaming. — Game Time Dear Game Time: You’re right, it’s all about balance. The letter writer can and should communicate her needs and wants regarding family visits. But she should also remain open to parenting choices that may not be what she would do in a similar circumstance. Additionally, while moderation is important when making decisions about gaming, you’re correct that it’s a growing and sometimes lucrative field of study and competition. The first esports college scholarship was given out in 2014 and there are currently more than 250 varsity-level esports programs across the United States and Canada, per the National Association of Collegiate Esports.PAY ATTENTION: Follow our WhatsApp channel to never miss out on the news that matters to you! Canadian investment fund Brookfield said Wednesday it has dropped its bid for Spanish pharmaceutical firm Grifols following disagreement over its valuation. Brookfield and the Grifols family, which owns about a third of the Barcelona-based company that makes medicine derived from blood plasma, have since July been in talks to take it private. Earlier this month Brookfield made a 6.45-billion-euro bid for Grifols, offering a tentative non-binding price of 10.50 euros ($11) per share. Grifols swiftly rejected the bid, saying it "significantly underestimated the fundamental prospects and long-term potential" of the company. In a statement sent to Spanish stock market regulator CNMV, Brookfield said it was "not in a position to continue with a potential offer" for Grifols. Grifols said its board agreed that "it is not feasible that the transaction goes ahead" and remains focused on "improving the company's long-term value". PAY ATTENTION: Legit.ng Needs Your Help! Take our Survey Now and See Improvements at LEGIT.NG Tomorrow Its share price plunged in January after US hedge fund Gotham City released a research note accusing the company of "manipulating" its reported debt and operational results to "artificially reduce" its debt ratio, and therefore its financing costs. Read also Vietnamese EV maker Vinfast reports $550 million Q3 loss Grifols has repeatedly denied the allegations. Gotham City is a prominent "short-seller" hedge fund that borrows stock in a company and sells it, hoping to buy it back cheaper to return it to the lender and pocket the difference. Grifols traces its history back to 1909, first as a blood analysis and transfusion laboratory before specialising in products derived from blood plasma. It is present in more than 30 countries including Australia, the United States and Japan. It posted revenue of 6.6 billion euros in 2023, a 10.9 percent increase over the previous year. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: AFPAfrican ministers champion ICT adoption for sustainable growth
TORONTO — Canada's main stock index pushed higher to end Monday up almost 150 points on light trading action, while U.S. stock markets also gained ahead of the Christmas break. "Today is a quiet pre-Christmas Day of trading," said Kevin Burkett, a portfolio manager at Victoria, B.C.-based Burkett Asset Management. While markets in both Canada and the U.S. were mild, Burkett suggests watching the markets closely during the holiday season, a contrast to what's typically a sleepy period for markets. "We're continuing to watch markets very closely here because you've got some tectonic plate shifting in terms of the macroeconomic backdrop," he said. "It's all the political conversations both in Canada and in the U.S." Burkett added fiscal policy seems to be disconnected from monetary policy in the post-pandemic period. "The fiscal policy may shift and that shift absolutely has market implications both in the short and long term," he said. The S&P/TSX composite index was up 149.50 points at 24,748.98. Statistics Canada released its latest numbers on Canada's economic growth, up 0.3 per cent in October — driven by the mining, quarrying, and oil and gas extraction sector. The loonie continued its slide, trading for 69.47 cents US compared with 69.61 cents US on Friday. The telecom sector was the biggest loser at the closing on TSX, which Burkett attributed to "tax loss selling happening at the end of the year." Competition Bureau Canada announced on Monday it was suing Rogers Communications Inc. for allegedly making misleading claims about its infinite wireless plans. The stock price for Rogers, which is hovering near 52-week lows, fell 0.7 per cent on Monday. Meanwhile, BCE was down almost 1.4 per cent and Telus dropped 0.9 per cent. Burkett suggested the day's poor performance among telecom companies was likely tax loss selling since it's almost the end of the year. "It's been a tough year for the communication services sector," he said. South of the border, communications services was the top-performing sector, led by large-cap tech companies. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. In New York, the Dow Jones industrial average was up 66.69 points at 42,906.95. The S&P 500 index was up 43.22 points at 5,974.07, while the Nasdaq composite was up 192.29 points at 19,764.89. The February crude oil contract was down 22 cents at US$69.24 per barrel and the February natural gas contract was down six cents at US$3.35 per mmBTU. The February gold contract was down US$16.90 at US$2,628.20 an ounce and the March copper contract was down one cent at US$4.09 a pound. This report by The Canadian Press was first published Dec. 23, 2024. Companies in this story: (TSX: GSPTSE, TSX: CADUSD, TSE: BCE, TSE: RCI. B) Ritika Dubey, The Canadian Press
12,000 Ooni ex-queen’s supporters demand justice as video proves govt aware of funfairAmgen's Phase 2 Results Were Not Bad, Don't Let Mr. Market Fool You
Robert Wickens moving up to IMSA GTD series in 2025 thanks to new Bosch hand controlsKatie Price’s eldest son Harvey joins her on stage in pantomime and dances for the crowd
Texas will look to win its fourth straight game and carry a measure of momentum into its inaugural season as a member of the Southeastern Conference when it hosts Northwestern State on Sunday afternoon in Austin, Texas. It's the final tune-up before the SEC gauntlet for the Longhorns (10-2), who roll into Sunday's game with 10 days of rest and after a 98-62 win over New Orleans on Dec. 19. Justin Pope led Texas with a career-high 42 points, the most for a member of the Longhorns since Reggie Freeman had 43 against Fresno State in 1996. Arthur Kaluma added 15 points and Chendall Weaver scored 12 for Texas, which played without star freshman guard Tre Johnson for the second straight game. Johnson has been listed as day-to-day for a return but would be a likely participant to get at least some playing time before the Longhorns' SEC opener at No. 13 Texas A&M on Jan. 4. Texas coach Rodney Terry is looking for focus on the defensive end from his team as it heads into league play. "We want to be playing Texas basketball defensively," Terry said. "We try to protect the paint, we try to keep the guys off the glass, (and be) physical (with our) block outs. Then try to get out and play to a strength of ours. We're a fast team but you've got to be able to get stops to be able to do that and play in transition." Northwestern State (5-6, 2-0 Southland Conference) heads to Austin after an 89-79 win at home over Southern-New Orleans on Dec. 20. Addison Patterson turned in a career performance in the win with 33 points, 10 rebounds and four assists as the Demons won for the third time in four games. The Demons have played four teams from power conferences -- Texas Tech, Oklahoma, LSU and, most recently, Cal on Dec. 14 -- and have lost by at least 16 points in each game. "Our guys are always ready to play," Demons coach Rick Cabrera said. "We had a really good Christmas break to decompress and recuperate. They are just ready and willing to play anyone regardless of conference. Texas is extremely talented, and we are looking forward to competing with one of the top programs in the country." The contest against Texas is the final non-conference game for Northwestern State, which returns to Southland Conference play at home against Nicholls on Jan. 4. The Longhorns have won all five previous games with Northwestern State, most recently a 105-57 victory at home in November 2017. --Field Level MediaHigh School Boys Pine Grill Roundball Classic Championship Turkeyfoot Valley 77, Shanksville-Shade 59: In Somerset, tournament most valuable player Bryce Nicholson ripped the Vikings for 27 points as the Rams rolled to the top of the Pine Grill podium. Zach Ryan added 16 points, 12 rebounds and eight assists in the win, while yanking down his 500th rebound at the varsity level. Turkeyfoot Valley’s Colt Rugg (11) and Ely Walker (10) also scored in double figures. Ryan and Rugg were named to the all-tournament team. Shanksville-Shade’s Grant Boozer, also an all-tournament team honoree, scored 11 points in support of Mike Kipp’s team-high 15 points. Braxton Newman chipped in 13 points, with Caleb Miller adding 10. Consolation North Star 54, Somerset 48 (OT): In Somerset, all-tournament team selection Andy Retassie led the Cougars with 25 points as they outlasted the host Golden Eagles to claim third place. Ethan Smith added 15 points in the victory. Somerset’s Aiden Roby, also on the all-tourney squad, netted 16 points, with teammate Chris Thompson pitching in 10 more. Friday Shanksville-Shade 72, Somerset 55: In Somerset, Grant Boozer amassed 22 points, Braxton Newman chipped in 17 and Braxton Faidley contributed 12 in the Panthers’ victory over the Golden Eagles. Aiden Roby topped Somerset with 22 points. Jacob Stoy added 11. Ron Davidson Roundball Classic Central Cambria 56, Cambria Heights 26: In Ebensburg, John Brouse’s 13 points and 10 more from Brayden Swope paced the Red Devils as they pasted the Highlanders. Central Cambria will battle Penn Cambria in Monday’s championship game. Penn Cambria 71, Conemaugh Township 48: In Ebensburg, Brandon Rabish made six 3-pointers and tallied a game-high 30 points as the Panthers clawed past the Indians. Caden Gibbons added 14 points, and Blake Lilly dished out 12 assists. Penn Cambria, which buried 11 treys, led 33-10 early in the second quarter, but Conemaugh Township went on a 20-0 run over the next five minutes to cut the deficit down to three. Penn Cambria outscored the Indians 38-18 the rest of the game. Conemaugh Township’s Colin Dinyar netted 25 points, and Ethan Matera chipped in 13. Non-tournament Friday DuBois Christian 50, Johnstown Christian 34: In Hollsopple, Isaac Smith produced 16 points, and Connor DeLarme and J.T. Hughes each added 13 as the visitors beat the Blue Jays. Dijon Coleman paced Johns- town Christian with 19 points. High School Girls Friday Richland 37, Bedford 32: In Bedford, Lanie Marshall had 12 rebounds – eclipsing 500 for her varsity career – and also scored 10 points as the Rams slipped past the Bisons. Trinity Macey led Richland with 16 points, while Marshall also registered eight blocks. Kasey Shuke’s 10 points led Bedford. Central Cambria 41, Penn Cambria 34: In Cresson, Alaina Long tallied 13 points, and Abigail Sheehan added 10 as the Red Devils beat the Panthers. Abbie George grabbed 11 rebounds. MaKenna McCoy led Penn Cambria with nine points. Johnstown Christian 37, DuBois Christian 33: In Hollsopple, Ellie Speigle supplied 16 game as the Blue Jays earned a slim victory. DuBois Christian’s Regan George netted 16 points, and Anna Shenkle added 12. (c)2024 The Tribune-Democrat (Johnstown, Pa.) Visit The Tribune-Democrat (Johnstown, Pa.) at www.tribune-democrat.com Distributed by Tribune Content Agency, LLC.
- Previous: freepik 7xm
- Next: how big is 7xm
