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(The Center Square) – State and national officials lauded former President Jimmy Carter for his public service after learning of his death Sunday afternoon at the age of 100. President Joe Biden said an official state funeral would be held for Carter in Washington. "He was a man of great character and courage, hope and optimism," Biden said. "We will always cherish seeing him and Rosalynn together. The love shared between Jimmy and Rosalynn Carter is the definition of partnership and their humble leadership is the definition of patriotism." President-elect Donald Trump urged everyone to keep the Carter family in their thoughts and prayers. "The challenges Jimmy faced as President came at a pivotal time for our country and he did everything in his power to improve the lives of all Americans," Trump said in a statement released from his campaign. "For that, we all owe him a debt of gratitude." Former president Bill Clinton gave Carter and his wife Rosalynn the Medal of Freedom in 1999. "From his commitment to civil rights as a state senator and governor of Georgia; to his efforts as President to protect our natural resources in the Arctic National Wildlife Refuge, make energy conservation a national priority, return the Panama Canal to Panama, and secure peace between Egypt and Israel at Camp David; to his post-presidential efforts at the Carter Center supporting honest elections, advancing peace combating disease, and promoting democracy; to his and Rosalynn's devotion and hard work at Habitat for Humanity--he worked tirelessly for a fairer, better world," Clinton and his wife Hillary said in a statement. Former president George W. Bush hailed Carter as a man of deeply held convictions. "President Carter dignified the office," Bush said on social media. "And his efforts to leave behind a better world didn't end with the presidency. His work with Habitat for Humanity and the Carter Center set an example of service that will inspire Americans for generations." Carter served as Georgia's governor from 1971-1975 before becoming president. Under his leadership, the European and Japanese state trade offices were launched, as well as the Georgia Film Commission," Gov. Brian Kemp said. "He and former First Lady Rosalynn Carter's support of the civil rights movement in the place of its birth is also remembered with deep appreciation." Lt. Gov. Burt Jones said Carter exemplified what it meant to be a public servant. "I had the honor of meeting him and his wife, and I will never forget that day," Jones said. "They were kind, wonderful, accepting and exactly what they portrayed every day, two people devoted to lifting up those in their community who needed help the most. President Carter's legacy will live on in the numerous nonprofits, charities and organizations Rosalynn, his family and him started."None
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
OTTAWA — Two senior members of the federal cabinet were in Florida Friday pushing Canada's new $1.3 billion border plan with members of Donald Trump's transition team, a day after Prime Minister Justin Trudeau himself appeared to finally push back at the president-elect over his social media posts about turning Canada into the 51st state. Finance Minister Dominic LeBlanc and Foreign Affair Minister Melanie Joly shared few details of their meetings in Palm Beach, simply saying in a statement the U.S. officials they met with took notes and agreed to relay messages to Trump. "Minister LeBlanc and Minister Joly had a positive, productive meeting at Mar-a-Lago with Howard Lutnick and Doug Burgum, as a followup to the dinner between the prime minister and President Trump last month," wrote Jean-Sébastien Comeau, a spokesman for LeBlanc. Lutnick is Trump's nominee for commerce secretary, and Burgum is the former governor of North Dakota and current nominee for secretary of the interior. When announcing Lutnick as his commerce pick Trump said the chief executive of the financial firm Cantor Fitzgerald would be in charge of the Trump "tariff and trade agenda." "Both Ministers outlined the measures in Canada’s Border Plan and reiterated the shared commitment to strengthen border security as well as combat the harm caused by fentanyl to save Canadian and American lives." He added the ministers agreed to continue the discussions in the coming weeks. Joly is also expected to meet in Florida with senator Lindsay Graham Friday evening. This trip comes less than four weeks before Trump is sworn in again as president. He has threatened to impose a new 25 per cent import tariff on Canada and Mexico the same day over concerns about a trade imbalance, as well as illegal drugs and migration issues at the borders. The broad strokes of Canada's new border plan were made public Dec. 17, including a new aerial intelligence task force to provide round-the-clock surveillance of the border, and improved efforts using technology and canine teams to seek out drugs in shipments leaving Canada. Comeau said earlier Friday morning the ministers would also emphasize the negative impacts of Trump's threatened tariffs on both Canada and the U.S. Comeau said the ministers were to build on the discussions that took place last month when Trudeau and LeBlanc met Trump at Mar-a-Lago just days after Trump first made his tariff threat. It was at that dinner on Nov. 29 when Trump first raised the notion of Canada becoming the 51st state, a comment LeBlanc has repeatedly since insisted was just a joke. But Trump has continued the quip repeatedly in various social media posts, including in his Christmas Day message when he said Canadians would pay lower taxes and have better military protection if they became Americans. He has taken to calling Trudeau "governor" instead of prime minister. It isn't clear if LeBlanc raised the issue with Trump's team in Palm Beach Friday. Trudeau had not directly responded to any of the jabs, but on Thursday posted a link to a six-minute long video on YouTube from 2010 in which American journalist Tom Brokaw "explains Canada to Americans." "Some information about Canada for Americans" was all he wrote in the post. The video, which originally aired during the 2010 Vancouver Olympics, explains similarities between the two countries, including their founding based on immigration, their trading relationship and the actions of the Canadian Army in World War 2 and other modern conflicts. "In the long history of sovereign neighbours there has never been a relationship as close, productive and peaceful as the U.S. and Canada," Brokaw says in the video. Former Bank of Canada governor Mark Carney, who is at the centre of some of Trudeau's recent domestic political troubles, also called out Trump's antics on X Thursday, calling it "casual disrespect" and "carrying the 'joke' too far." "Time to call it out, stand up for Canada, and build a true North American partnership," said Carney, who Trudeau was courting to join his cabinet before Chrystia Freeland resigned as finance minister last week. Freeland's sudden departure, three days after Trudeau informed her he would be firing her as finance minister in favour of Carney, left Trudeau's leadership even more bruised than it already was. Despite the expectation Carney would assume the role, he did not and has not made any statements about it. LeBlanc was sworn in as finance minister instead the same day Freeland quit. More than two dozen Liberal MPs have publicly called on Trudeau to resign as leader, and Trudeau is said to be taking the holidays to think about his next steps. He is currently vacationing in British Columbia. He did not make a public statement about the meeting as of publication. This report by The Canadian Press was first published Dec. 27, 2024. Alessia Passafiume, The Canadian PressAnimal Tracking Bracelet Market Outlook and Future Projections for 2030JASPER, ALTA. — This year, Kim Stark's kids took responsibility for decorating the family Christmas tree. Ornaments include toy cars, puzzle pieces, string and a pair of binoculars — things her three young daughters had handy after the family lost their home in summer’s devastating Jasper wildfire. "I have the most wonderful tree on the planet," said Stark. "It's part of our story and part of who we are. “If (the kids) are happy, I'm happy." Stark is part of the fabric of the Jasper townsite, a 10-year member of the fire department and owner of a coffee shop and bakery. Her family, plus three furry pets and a fish, are living in a condo as they navigate rebuilding their home. “(The kids) miss our house, and we talk about our house,” said Stark. “We make sure we go to our neighbourhood, so that it doesn't become somebody else's neighbourhood.” Stark and other residents are anxious and nervous for the future following the fire that hit the town July 24. About 5,000 residents and 20,000 visitors were safely evacuated before the fire breached the western edge of town and destroyed 350 homes and businesses, including 820 housings units. The Insurance Bureau of Canada pegged the damage at $880 million. Six months after the fire, debris is still being cleared — lot by lot. Locals including Stark are quick to say things could have been worse. But anxiety over temporary living situations and what may be a long and slow rebuild process has many residents and municipal leaders feeling unsettled heading into 2025. For Sabrina Charlebois and David Leoni, the top concern is the Alberta government's $112-million modular housing project. It's to put up 250 pre-built rental units in the town and rent them to those displaced by the fire. Social Services Minister Jason Nixon said the first homes should be ready by late January or early February, with the rest in April. The majority are to be multi-bedroom suites to accommodate families. “If we can get all of our approvals on time, we definitely are on time to be able to build in the context of what we promised,” Nixon said. It’s complicated, he added, given there are layers of government with an Alberta town in a national park. Charlebois was born and raised in Jasper. The fire destroyed her childhood home, which her late father built, as well as the salon where she worked. "It's better than nothing," she said of the housing project, noting at least 2,000 residents were displaced so demand could outnumber the new units. Charlebois, who has been staying in a hotel, said it's understandable projects like this take time. But "we're six months into this, and there's no homes for anyone." "My fear is not finding a place to live, because I have to be out of my hotel by the spring," she said. Leoni, a dentist and former Olympic biathlete, and his family also lost their home, as did seven staff at his clinic. He said the April cutoff date Charlebois is facing also applies to his staff staying in hotels. "Hopefully that's concurrent with the provincial government's opening of these modular units that they're putting in, because we're going to lose staff," said Leoni. "Without them I can't do anything." The clinic needed to replace $160,000 worth of equipment and required a top-to-bottom scrub before appointments resumed in October. Leoni estimates his patient list is down one-third because of the fire. Whether those patients return remains to be seen. Charlebois and Leoni both said their anxiety is heightened when they consider the unpredictable nature of the town's tourism economy and how it could complicate the pace of rebuilding. It’s a catch-22: residents need houses in order to rebuild and restart the economy, but they can’t restart the economy without tourists. And tourists require services, which require workers, who require housing. Bill Given, the town's chief administrator, said he's optimistic the municipality can "thread the needle.” But he has his own anxieties when it comes to rebuilding, namely the complexity of Jasper operating under both federal and provincial oversight. "An associated risk of that is that individual agendas from different orders of government overtake the public interest in delivering on what Jasper needs," Given said. "I think there's also a risk, maybe somewhat smaller, that private interests overtake the broader public interest." Jasper Mayor Richard Ireland, who lost his home in the fire, said they have to find a way. "Failure is not an option for anybody," said Ireland. "We have one chance to get this right, and that's what we have to do." In the meantime, Stark and her daughters watch from behind a fence as what's left of their home is cleared away. "I'm super excited just to have a hole instead of a burnt spiral staircase that was coming up in my backyard. “Now,” she said, “it's just this beautiful dirt. "There's future there." This report by The Canadian Press was first published Dec. 27, 2024. Jack Farrell, The Canadian Press
State championship reign for Santa Margarita girls golf ends with runner-up finish to Torrey PinesMessi's son debuts at Argentina youth tournament as grandparents watchChicago Atlantic Real Estate Finance, Inc. (REFI) to Issue Quarterly Dividend of $0.47 on January 13th
Percentages: FG .463, FT .632. 3-Point Goals: 5-11, .455 (Mincy 2-5, Parrish 1-1, King 1-2, Stewart 1-2, Harvey 0-1). Team Rebounds: 0. Team Turnovers: 1. Blocked Shots: 4 (Harvey, Peterson, Pierce, Stewart). Turnovers: 10 (Harvey 2, Pierce 2, King, Mincy, Parrish, Peterson, Scott, Stewart). Steals: 9 (Stewart 3, Mincy 2, King, Peterson, Pettaway, Pierce). Technical Fouls: None. Percentages: FG .271, FT .444. 3-Point Goals: 6-27, .222 (Harper 2-3, Nelson 1-2, Farmer 1-3, Galette 1-4, Maxey 1-6, Kirkland 0-1, Uijtendaal 0-2, Wilkerson 0-2, Carroll 0-4). Team Rebounds: 0. Team Turnovers: None. Blocked Shots: 2 (Dynes, Galette). Turnovers: 15 (Galette 4, Carroll 3, Harper 2, Maxey 2, Wilkerson 2, Nelson, Uijtendaal). Steals: 6 (Farmer 3, Harper, Maxey, Nelson). Technical Fouls: None. A_103 (7,203).World number one Luke Humphries continued his bid for back-to-back World Championship titles after easing through to the last 16. While there was high drama in Alexandra Palace on the first day back after the Christmas break, where Damon Heta threw a nine-dart finish, Humphries enjoyed a serene evening. He beat Nick Kenny 4-0 to set up a mouth-watering fourth-round meeting with two-time champion Peter Wright. Kenny was unable to produce the form that saw him beat Raymond van Barneveld in the previous round and Humphries did not need to be anywhere near his best. “It was one of those games I didn’t want to take for granted,” he said. “I expected a tough game and I wasn’t firing, I felt there is so much more to give, I felt there was more to come out of me. “I didn’t want to give anyone an inch because they can take a mile. “I’m not going to give up this world title without a fight, I wasn’t at my best but when someone pushes me I know I can come up with the goods.” Earlier in the day Heta set the tournament alight on its resumption with a stunning nine-dart finish before bowing out. The Australian, seeded ninth, achieved darting perfection in the second set of his match with Luke Woodhouse to earn a cool £60,000 payday. However, his joy was short-lived as Woodhouse won a thrilling battle 4-3, having trailed 3-1. Heta was millimetres away from throwing a nine-darter in the previous round when he missed the double 12, but he made no mistake this time in the first match after the Christmas break. Heta’s feat was the second time a nine-darter has been thrown in the 2025 tournament and the 16th of all time at the World Championship, following Christian Kist’s effort before Christmas. As well as landing the Australian a hefty payday, it also saw a lucky fan in Ally Pally win a £60,000, with £60,000 also being donated to Prostate Cancer UK. There were several other titanic battles, none better than Gerwyn Price’s sudden-death leg victory over Joe Cullen. Price looked like he was going to have an easy night when he coasted into a 3-0 lead, but Cullen hit back to send it to a decider, which went all the way. Cullen landed a ‘Big Fish’ 170 checkout to send the tie to a sudden-death leg on his throw but Price hit some big numbers to steal victory. “That was tough, I just wanted to get over the winning line,” he said during his on-stage interview. “He kept coming back, the crowd were way behind him. “I thought I was going to lose, but I kept in there right to the end and got the win. “He played some good darts at the right times. I put myself in that position, I got myself out of it and I’m still in.” Seventh seed Jonny Clayton also battled to victory after squandering a 3-0 lead against Daryl Gurney. Gurney then had six darts to send the decider to a tiebreaker but lost his nerve and Clayton stole a 4-3 win. Stephen Bunting and Peter Wright, who was suffering from a chest infection, enjoyed much more safe passages with routine wins over Madars Razma and Jermaine Wattimena respectively.
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The United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine, U.S. officials said Friday, as the Biden administration pushes to get as much aid to Kyiv as possible before leaving office on Jan. 20. Related video above: Biden works to cement legacy during final month in office The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It also will provide Stinger missiles and 155 mm- and 105 mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia has launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defense officials acknowledged that that the Defense Department may not be able to send all of the remaining $5.6 billion in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin. Many U.S. and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he won't provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about $4.35 billion. Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Zelenskyy decide it’s time to negotiate. One senior defense official said that while the U.S. will continue to provide weapons to Ukraine until Jan. 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about $1.2 billion remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. If the new package is included, the U.S. has provided more than $64 billion in security assistance to Ukraine since Russia invaded in February 2022.
Lampkin, Freeman power Syracuse past Bucknell, 75-63 in final nonconference tune-upBIRMINGHAM, Ala. , Dec. 16, 2024 /PRNewswire/ -- RxBenefits, Inc., the employee benefits industry's first technology-enabled pharmacy benefits optimizer (PBO), announced today that Robert Gamble has been appointed Chief Executive Officer, effective immediately. Gamble succeeds Wendy Barnes , who has decided to pursue another professional opportunity. Gamble has also joined the RxBenefits Board of Directors. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.NEW YORK (AP) — U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Story continues below video Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.
