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An orderly selloff in the US government bond market continued for a fifth straight day, with the 30-year bond’s yield posting its biggest weekly increase of the year. Driven in part by shifting expectations the Federal Reserve will cut interest rates next month and potentially pause next year, the rise in yields back toward their November highs also was fueled by weak demand for an auction of 30-year debt Thursday. The yield for that tenor reached 4.61% on Friday, about 28 basis points higher on the week. Shorter-maturity yields rose by smaller increments, while the the 10-year’s was up by 25 basis points to 4.40%, exceeding the three-month bill’s on Friday for the first time since 2022. Conviction that the Fed will drop its target for the US overnight lending rate to a range of 4.25%-4.5% on Dec. 18 moved toward certainty this week after November inflation data in line with expectations were viewed as no obstacle. That was keeping downward pressure on short-term yields, while longer maturities priced in a risk that policymakers will simultaneously signal an intention to pause cuts next year amid economic resilient and halting progress toward lower inflation. Yields are “pricing in a Fed that is going to sit here for a little bit,” Rick Rieder, BlackRock chief investment officer for global fixed income, said on Bloomberg Television. “The economy is in a good shape. Inflation, if anything, is bending up.” The extra yield offered by long- versus short-maturity yields “is not enough at this point of time.” Next week’s Fed meeting includes an updated summary of economic projections showing where officials see interest rates over the next three years and their estimate of the neutral rate — a theoretical level that neither stimulates or restricts the economy. In September, the projections anticipated a drop in the policy rate to 3.25%-3.5%, or four quarter-point cuts assuming one next week. While traders continue to price in that a quarter-point rate cut next week will be followed by two more in 2025, economists at Deutsche Bank AG and BNP Paribas have predicted no Fed action in 2025. BNP Paribas expects next week’s action to be accompanied by hawkish language supporting that view. They see the 10-year Treasury yield rising to 4.65% next year. “Ideally, you cut at this December meeting because you’re continuing your 25-basis-point cut per meeting path and leave open a strong likelihood that you’re going to pause in January,” said Jason Pride, chief of investment strategy and research at Glenmede. “Next year, they are going to be deciding between two and four cuts,” said Pride. “There is lot of the debate around the inflationary aspects of the next administration’s policies on tariffs and immigration.” Activity in interest-rate futures this week suggested some traders see the potential for a surprise cut early next year. Open-interest data in recent days indicated that new long positions had been set in February federal funds futures, anticipating quarter-point rate cuts in both December and January. Two- to 30-year Treasury yields rose for a fifth-straight day Friday, with the 10-year note’s nearly reaching 4.40%, still some 10 basis points below its November highs. None of the daily moves were large by historical standards, however, and an index of Treasury market volatility declined to its lowest level of the year. The yield spread between Treasury’s three-month bills and 10-year notes is a proxy for how investors see Fed policy affecting economic activity. It became inverted in October 2022 as the Fed was raising rates. When it had been inverted for 13 months last December, Campbell Harvey — the Duke University professor who first established the predictive qualities of an inverted curve back in the 1980s — said it amounted to a recession threat that the Fed should address via rate cuts. What Bloomberg strategists say... “The disinversion of the three-month versus 10-year curve will make it more attractive for carry traders to buy longer-term debt, reducing the chance of an abrupt withdrawal of leverage from the system, and allowing deeply negative swap spreads to rise.” — Simon White, macro strategist. Read more on MLIV. Read: Pioneering Yield-Curve Economist Sees US Able to Dodge Recession The shifting Fed policy outlook “has caused a lot of volatility in the short-end of the yield curve which filters into the curve,” said Vineer Bhansali, founder of the Newport Beach, California-based asset-management firm LongTail Alpha. He said the firm had invested for a steeper yield curve, “and to the degree we’ve had more bullets to spend, we’ve added to the position.” The possibility that economic conditions will keep inflation from slowing all the way back to the Fed’s 2% target may cause further yield-curve steepening. The US is “in a structurally higher rate, inflation and volatility environment” than it was for most of the past two decades, Daniel Siluk, head of global short duration and liquidity, portfolio manager at Janus Henderson. “We are reticent to move further out the curve in terms of the way we invest because yield curves are still quite flat.” With assistance from Edward Bolingbroke and Ye Xie. This article was generated from an automated news agency feed without modifications to text.S&P/TSX down more than 100 points, U.S. markets mixed ahead of rate decisiondream casino slots app 。

Montana families deemed eligible to receive the state’s child care subsidy for low-income earners will now automatically qualify for a separate program that provides nutritional and breastfeeding support to caretakers of young children. The Montana Department of Public Health and Human Services announced Friday that Best Beginnings scholarship recipients will no longer have to prove separate eligibility for the Women, Infants and Children nutritional program. Participants in either program must earn a household income at or below 185% of the federal poverty line, currently $47,767 annually for . WIC enrollees must be pregnant, postpartum, breastfeeding or have a child younger than 5. “Both of these programs serve many of the same families, so as a way to improve customer service we made the decision to streamline the eligibility process for families,” said Lacy Little, Montana WIC program director, in an emailed statement. “This will make it easier for families to gain access to the nutritional food and support the WIC program provides.” This change comes in the wake of and its handling of the Medicaid redetermination process that led to over 115,000 people being disenrolled from the joint federal-state health insurance program. During the unwinding period, droves of people said they didn’t receive re-enrollment information in a timely fashion or at the correct mailing address. DPHHS reported some of the longest help line wait times in the country, and many people couldn’t access in-person support in their local communities partly due to the closure of 19 public assistance offices in 2017. More than 60 organizations that serve a wide variety of vulnerable families and children across the state in June, calling on him to improve access to public benefits by allocating funding to DPHHS specifically to hire more staff and modernize systems. WIC offers a spate of resources for families and pregnant or postpartum women including special food packages, peer counseling, lactation experts, baby food, breastfeeding support and pumps, access to trained staff and more. Roughly 13,400 women, infants, and children are enrolled in Montana, but that accounts for just 55% of eligible families, according to the state health agency. DPHHS hopes that more closely linking child care with WIC will spur enrollment. Lawmakers expanded the Best Beginnings program in 2023 to make more families eligible. The Legislature passed a bill that increased the income threshold to the 185% of the federal poverty line mark. Families who make closer to that line pay higher co-pays than those who earn less. Some Democrats in the state Legislature as well as child care advocates have said they in the upcoming session, noting that families in more expensive areas such as Gallatin County earn above the current income threshold but still not enough to pay for child care. Providers say they can’t reduce their fees because of rising costs such as rent and the need to pay wages that will attract workers in these pricey communities. Gianforte’s budget proposal does not fund a larger Best Beginnings program. To enroll in WIC or learn more about the benefits it offers, families can visit , contact their local WIC clinic or visit The state office may be reached at 1-800-433-4298 or emailed atGavin McKenna will suit up for Canada at the world junior hockey championship. Set to turn 17 next week, the star forward with the Western Hockey League's Medicine Hat Tigers headlines the country's 25-player roster for the annual tournament announced Friday. McKenna, who is projected as the potential top pick at the 2026 NHL draft, will be joined by a pair of fellow youngsters battling for the No. 1 selection spot in June -- 18-year-old winger Porter Martone and 17-year-old defenceman Matthew Schaefer. Five of seven eligible returnees from last year's squad that finished a disappointing fifth in Sweden are back, with forwards Easton Cowan, Brayden Yager and Carson Rehkopf getting the nod, while defencemen Oliver Bonk and Tanner Molendyk will anchor the blue line. The two players unable to hold onto their spots for the event set to run Dec. 26 to Jan. 5 in Ottawa are forward Matthew Wood and goaltender Scott Ratzlaff. Making up the rest of the group up front are Bradly Nadeau, Jett Luchanko, Luca Pinelli, Berkly Catton, Ethan Gauthier, Calum Ritchie, Tanner Howe, Cole Beaudoin and Mathieu Cataford. Nadeau didn't attend selection camp in Ottawa this week, but was guaranteed a spot after being made available by the NHL's Carolina Hurricanes from their American Hockey League affiliate. Canada's defence corps also includes Andrew Gibson, Sam Dickinson, Caden Price, Sawyer Mynio and Beau Akey. The hockey powerhouse's three-headed crease contingent is made up of goaltenders Jack Ivankovic -- another 17-year-old eligible for June's NHL draft -- Carter George and Carson Bjarnason. "We believe we have assembled a competitive and talented roster that will give us the best opportunity to win a gold medal on home ice," Hockey Canada's Peter Anholt, who leads the under-20 program's management group, said in a statement. "We look forward to them wearing the Maple Leaf with pride." The Canadians, who will be looking to add to a record 20 gold medals at the annual showcase, were ousted in last year's quarterfinals thanks to a last-minute loss to Czechia. Among the other notable cuts Friday were Calgary Flames defence prospect Zayne Parekh and Beckett Sennecke, who was selected No. 3 overall by the Anaheim Ducks at the 2024 draft. Both players were late injury additions for selection camp and are eligible to try out again next year. Canada will now hold training camp in Petawawa, Ont., before pre-tournament games against Switzerland, Sweden and Czechia. The hosts open Group A at the Canadian Tire Centre, home of the NHL's Ottawa Senators, on Boxing Day against Finland. The defending champions United States, Latvia and Germany make up the rest of the field. Group B at TD Place, home of the Ontario Hockey League's Ottawa 67's, includes Sweden, Czechia, Slovakia, Switzerland and Kazakhstan. Russia remains banned by the International Ice Hockey Federation due to that country's ongoing war in Ukraine. Ottawa last hosted the world juniors in 2009 when Canada defeated Sweden to secure a record-tying fifth straight gold. Cameron, who guided the country atop the podium in 2022 after winning silver in 2011, was an assistant coach on the staff of the late Pat Quinn at that tournament 15 years ago in the nation's capital. "This group of 25 players is excited for the opportunity to wear the Maple Leaf in front of Canadian fans in Ottawa, and to represent their country in our quest to win a gold medal," he said in a statement. "This is a great accomplishment for these players and their families. "We know they will enjoy the world juniors experience while bringing the competitiveness needed for us to be successful and accomplish our goal." This report by The Canadian Press was first published Dec. 13, 2024.

Syrian Kurds seek to preserve autonomy following Assad's fall

JAMAICA, N.Y. , Dec. 13, 2024 /PRNewswire/ -- The New Terminal One at John F. Kennedy International Airport (JFK) today announced that Turkish Airlines will begin operations at the new terminal when it opens in 2026. Turkish Airlines will also unveil a brand new, state-of-the-art lounge for its premium customers, launching the next phase of the award-winning airline's growth at its top U.S. gateway. The New Terminal One, set to be the largest international terminal in the United States , will offer best-in-class amenities and innovative technology for a transformational and efficient travel experience. The New Terminal One is a key component of the Port Authority of New York and New Jersey's $19 billion transformation of JFK Airport into a world-class gateway, which will include two new terminals, the modernization and expansion of two existing terminals, a new ground transportation center, and an entirely new, simplified roadway network. Turkish Airlines, which currently flies 19 times weekly from JFK Airport to its hub at Istanbul , providing seamless connections to its extensive global network, will continue to offer top-tier service from the new terminal. As part of its expansion in the JFK market, Turkish Airlines will open an 11,000-square-foot lounge in the New Terminal One – twice the size of the airline's lounge at the existing Terminal 1. The new lounge will feature premium amenities, expansive views of JFK Airport's airfield and provide direct boarding access to aircraft, offering unmatched convenience for Turkish Airlines' business class customers and top-tier frequent flyers. Recognized for its exceptional in-flight service, Turkish Airlines recently received the World Class Award from the Airline Passenger Experience Association (APEX) for the fourth consecutive year, placing it among just 10 airlines in the world to have received this prestigious recognition. Turkish Airlines was also chosen as the Best Airline in Europe nine times by Skytrax. Over the years Turkish Airlines also received accolades from Skytrax and other prestigious organizations numerous times for its Business and Economy Class offerings and Lounges. Turkish Airlines offers service to 351 destinations, including 25 in the Americas. Turkish is a member of the Star Alliance and will join other alliance members at the New Terminal One: LOT Polish Airlines, EVA Air and Air China. "We are thrilled to welcome Turkish Airlines to the New Terminal One at JFK, where their commitment to world-class customer service aligns perfectly with our mission to provide an unparalleled customer experience," said The New Terminal One Chief Executive Officer Jennifer Aument . "We look forward to working closely with our colleagues at Turkish Airlines to elevate the travel experience for customers from 2026 and beyond." Turkish Airlines Chairman of the Board and the Executive Committee Prof. Ahmet Bolat stated: "We are excited to bring Turkish Airlines' world-class service to the New Terminal One at JFK, further enhancing our passengers' travel experience with a state-of-the-art-lounge. This move underlines our commitment to continue our growth in the U.S market." In addition to Turkish Airlines, the New Terminal One has partnered with several other global carriers, including Air France, KLM, Etihad, LOT Polish Airlines, Korean Air, EVA Air, Air Serbia, SAS, Neos and Philippine Airlines. Air China is also partnering with the terminal on elevating the travel experience for Chinese customers visiting New York . The New Terminal One is focused on improving the customer experience by collaborating with potential airline partners. This includes working with airline teams across all customer journey touchpoints. Set to be JFK Airport's largest terminal when complete, the New Terminal One will offer a world-class customer experience and additional widebody aircraft gate capacity – providing international airlines a unique opportunity to grow their service at JFK, the top global gateway to the U.S. About The New Terminal One The New Terminal One at John F. Kennedy International Airport is a bold and exciting project to develop a world-class international terminal that will serve as an anchor terminal in the Port Authority's $19 billion transformation of JFK into a global gateway to the New York metropolitan area and the United States . The New Terminal One will set a new standard for design and service, aspiring to obtain a Top 5 Skytrax ranking and be considered one of the finest airport terminals in the world. The New Terminal One is being built on sites now occupied by Terminal 1 and the former Terminal 2 and Terminal 3, where it will anchor JFK's south side. Construction is taking place in phases. The first phase, including the new arrivals and departures halls and first set of 14 new gates, is expected to open in 2026. At completion, anticipated in 2030, the New Terminal One will be 2.6 million square feet, making it the largest terminal at JFK and nearly the same size as LaGuardia Airport's two new terminals combined. The New Terminal One will be a 23-gate, state-of-the-art, international-only terminal. Sustainably designed and future-focused, the terminal will feature expansive, naturally lit public spaces, cutting-edge technology, and an array of amenities, all designed to enhance the customer experience and compete with some of the highest-rated airport terminals in the world. The New Terminal One consortium of labor, operating, and financial partners is led by Ferrovial, JLC Infrastructure, Ullico, and Carlyle. The New Terminal One is being built by union labor and is committed to local inclusion and labor participation, focusing on diversity and capacity-building opportunities, including ambitious participation goals of 30% for minority and women-owned enterprises, 10% for local business enterprises and 3% for service-disabled veteran-owned businesses. To learn more about the New Terminal One at JFK International Airport, visit https://www.anewjfk.com/projects/the-new-terminal-one/ About Turkish Airlines Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 491 (passenger and cargo) aircraft flying to 351 worldwide destinations in 130 countries (298 international destinations and 53 domestic destinations within Turkiye). More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram. View original content to download multimedia: https://www.prnewswire.com/news-releases/turkish-airlines-to-begin-operations-at-the-new-terminal-one-at-jfk-and-unveil-world-class-lounge-302331710.html SOURCE The New Terminal One at JFK

MALIBU, Calif., Dec. 13, 2024 (SEND2PRESS NEWSWIRE) — As the Franklin Fire nears containment, having scorched over 4,000 acres and displaced thousands of residents, the Satellite Phone Store ( satellitephonestore.com ) is stepping up to provide critical communication solutions to assist recovery efforts and prepare communities for future emergencies. The Franklin Fire, which destroyed six homes and damaged others, left many areas without reliable communication infrastructure. Satellite communication devices such as sat phones & starlink terminals , which function independently of damaged cell networks, are proving essential for both emergency responders and returning residents. IN RESPONSE TO THE CRISIS, THE SATELLITE PHONE STORE IS OFFERING: “A WAKE-UP CALL FOR PREPAREDNESS” “Disasters like the Franklin Fire remind us how essential reliable communication is during and after an emergency,” said Tina Blanco, CEO of Satellite Phone Store. “We’re here to help Malibu recover, but we also want to encourage everyone to think ahead. It’s never too late to prepare for the unexpected, and having the right tools can make all the difference.” SATELLITE COMMUNICATION: A LIFELINE DURING AND AFTER A CRISIS As displaced residents begin returning home, satellite communication tools are helping: With the wildfire starting to be under control, attention now shifts to the importance of emergency preparedness. Wildfires, earthquakes, and other natural disasters can happen at any time, and satellite communication ensures connectivity when traditional networks fail. WHY PREPAREDNESS MATTERS The Satellite Phone Store emphasizes the importance of readiness for future emergencies: PREPARE TODAY FOR TOMORROW’S EMERGENCIES As Malibu rebuilds, the Satellite Phone Store urges individuals and communities to take action now to prepare for what’s next. Reliable communication tools aren’t just for disasters—they’re a safeguard for the unexpected challenges of the future. About Satellite Phone Store: The Satellite Phone Store, a division of Connecta Satellite Solutions LLC , is a global leader in satellite communication technology. Specializing in satellite phones, portable internet hotspots, GPS trackers, and emergency equipment, the company equips families, businesses, and governments with tools to stay connected in extreme conditions. For more information, visit https://SatellitePhoneStore.com/ or call 1-877-324-6913. MEDIA CONTACT: Lacey Moore Website: SatellitePhoneStore.com Email: Care@SatellitePhoneStore.com Phone: 1-877-324-6913 Locations: California, Florida, Alaska NEWS SOURCE: Satellite Phone Store Keywords: Telecom and VoIP, Emergency, Telecom, Technology, Internet, Natural Disasters, malibu wildfires, portable internet, satellite internet, sat phones, franklin fires, emergency response, california, MALIBU, Calif. This press release was issued on behalf of the news source (Satellite Phone Store) who is solely responsibile for its accuracy, by Send2Press® Newswire . Information is believed accurate but not guaranteed. Story ID: S2P122844 APDF15TBLLI To view the original version, visit: https://www.send2press.com/wire/satellite-phone-store-steps-in-to-support-malibu-wildfire-recovery-with-lifesaving-communication-tools/ © 2024 Send2Press® Newswire, a press release distribution service, Calif., USA. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.

The future of business is here, and it's powered by artificial intelligence. BRISBANE, Australia , Dec. 14, 2024 /PRNewswire/ -- Click Start Digital, a leader in e-commerce business solutions, has launched its new AI-Integrated Training Platform, designed to help entrepreneurs start and scale their online businesses with ease. This upgrade enhances its renowned training programs by integrating AI tools for market research, automation, and growth strategies. With over 13 years of expertise, Click Start Digital is revolutionizing the way entrepreneurs approach business, delivering smarter, faster results using cutting-edge technology. How to Launch Your E-Commerce Business Using AI Click Start Digital combines innovative AI tools with proven expertise to make launching an online store simple and effective. For those wondering how to start a business, the platform offers a transformative approach. From idea generation to scaling, entrepreneurs gain the knowledge, tools, and strategies they need to thrive in today's competitive marketplace. What Sets Click Start Digital Apart? Why AI is a Game-Changer for E-Commerce AI tools are reshaping business operations with benefits such as predictive analytics for high-demand products and automation for personalized customer experiences. With Click Start Digital, entrepreneurs can: About Click Start Digital For over a decade, Click Start Digital has helped entrepreneurs launch and grow successful e-commerce businesses. Combining bespoke websites, AI-powered tools, and expert support, it has become a trusted partner for thousands turning their business dreams into reality. To learn more, visit Click Start Digital .fatido Wolfe Research analysts listed stocks with potential dividend cuts as part of its “short screen stock ideas” report. These are stocks have more than 3.5% dividend yield, more than 3.5x net debt/EBITDA or more than 80% payout ratio or more than 80% dividend/FCFE (free cash

Walker's 20 help IU Indianapolis knock off Trinity Christian 106-49President-elect Donald Trump said this week he would enact steep new tariffs on three key U.S. trade partners unless certain demands were met by each as part of Trump's expected crackdowns on drugs and border crossings by undocumented immigrants. Tariffs, a tax on imported goods, are typically costs that are passed along by businesses to buyers of products. Canada, China and Mexico, the three countries targeted, rank among Georgia's biggest trade partners. The U.S. is the largest importer of goods in the world, and such tariffs, if implemented, would likely raise prices on things like automobiles and food produced in Mexico and Canada; clothes, toys and electronics made in China; and other goods. What would such substantial tariffs mean for Peach State businesses and consumers? Here's what you need to know. What did Trump call for this week? Trump said in an online post that when he takes office, he intends to immediately impose tariffs of 25% on goods coming from Mexico and Canada. He said he would impose tariffs of 10% on goods from China. Can he do that without congressional approval? Yes. For the most part, tariffs can be imposed by a president with executive orders. There would almost certainly be challenges, since new tariffs might violate the trade pact made with Mexico and Canada during Trump's first term. What exactly is a tariff? A tariff is a tax on goods crossing a border. It is paid by whatever company or person is bringing in the goods. Since it adds to the importers' price, they typically tack it onto the price tag for the company or consumer. Georgia trade with Trump's targets China is the top import source for Georgia, amounting to about $17.5 billion in goods last year, according to the state's Department of Economic Development. Mexico was the third-largest importer with $13.7 billion in goods. Canada is farther down the list, but still shipped about $6.5 billion into the state. What are the potential upsides of a tariff? It makes imports more expensive. So, it can prevent some importers from undercutting U.S.-made products. With enough time, tariffs can provide an incentive for U.S. manufacturers to expand their production and for foreign manufacturers to build plants in the United States. Tariffs during Trump's first term against all foreign makers of washing machines eventually created U.S. jobs, although consumers paid more for the machines. What are the potential downsides of tariffs? They nearly always raise prices for U.S.companies and consumers. And because U.S. factories may not be able to expand quickly enough if the import taxes price out foreign goods, tariffs may cause shortages, experts say. Moreover, they often hurt other U.S. manufacturers, since many factories have to import parts used in production. "The United States does not make things in their totality — no nation does," said Susan Ariel Aaronson, professor of international affairs and director of the Digital Trade and Data Governance Hub at George Washington University. "This will create more inflation and jeopardize jobs." Tariffs on steel during Trump's first term did mean more jobs at U.S. steelmakers, economists say. However, even more jobs were lost among many companies that used steel in production whose costs went up. Tariffs are blunt instruments and the law includes no official tracking of any tariff's effectiveness, Aaronson said. "This is a 19th century tool." What's the likely effect of the tariffs? Some companies that buy from those three countries are expected to try to stock up on imports be-fore Trump's inauguration in January. That will soften the blow for them and their customers in the near term. Longer range predictions vary widely, partly because some experts think Trump is bluffing, using tariffs as bargaining chips and not set policy. But even if his follow-through were certain, the response of other countries is not — and if there are U.S. tariffs, some countries are bound to retaliate. During Trump's first term, tariff retaliation hurt U.S. farmers and forced the government to pay tens of billions of dollars to soften the blow. This time, economists at JPMorgan Chase say tariffs will slow overall economic growth and raise unemployment, but neither effect will be large. Much more pessimistic are researchers at the Peterson Institute for International Economics, which sees a possible global trade war that would stymie growth and reignite inflation. Why is Trump vowing to raise tariffs? This is not a surprise move. In his first term, Trump imposed tariffs and all through the campaign, he promised higher tariffs that would spark more manufacturing growth, create many jobs and bring in billions of dollars to the U.S. Treasury. However, on Monday his vow to raise tariffs was pegged to what he said was an "invasion" of immigrants from Central America through Mexico and the flow of fentanyl. That rationale drew some skepticism. Critics say tariffs will have no impact on the drug trade. "This is all about symbolism," Aaronson said. Georgia's top import markets in 2023 The value of goods that entered Georgia from other countries last year. 1. China: $17.5 billion 2. South Korea: $14.8 billion 3. Mexico: $13.7 billion 4. Germany: $10.3 billion 5. Japan: $7.1 billion 6. Canada: $6.5 billion The top import products to Georgia in 2023: 1. Motor vehicles: $13 billion 2. Immunological products: $6.9 billion 3. Telephone set and electrical apparatus: $3.6 billion 4. Motor vehicles parts & accessories: $3.6 billion 5. Construction-related heavy machinery such as bulldozers, graders, excavators, etc.: $3.4 billion Source: Georgia Department of Economic Development Be the first to know Get local news delivered to your inbox!