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fb777 new link West Virginia knocks off No. 3 Gonzaga in overtimePresident-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. But what if, as many economists expect, interest rates remain elevated, well above their pre-pandemic lows? Trump could point a finger at the Federal Reserve, and in particular at its chair, Jerome Powell, whom Trump himself nominated to lead the Fed. During his first term, Trump repeatedly and publicly ridiculed the Powell Fed, complaining it kept interest rates too high. Trump’s attacks on the Fed raised widespread concern about political interference in the Fed’s policymaking. Powell, for his part, emphasized the importance of the Fed’s independence: “That gives us the ability to make decisions for the benefit of all Americans at all times, not for any particular political party or political outcome.” Political clashes might be inevitable in the next four years. Trump’s proposals to cut taxes and impose steep and widespread tariffs are a recipe for high inflation in an economy operating at close to full capacity. And if inflation were to reaccelerate, the Fed would need to keep interest rates high. Because Powell won’t necessarily cut rates as much as Trump will want. And even if Powell reduces the Fed’s benchmark rate, Trump’s own policies could keep other borrowing costs — such as mortgage rates — elevated. The sharply higher tariffs that Trump vowed to impose could worsen inflation. And if tax cuts on things like tips and overtime pay — another Trump promise — quickened economic growth, that, too, could fan inflationary pressures. The Fed would likely respond by slowing or stopping its rate cuts, thereby thwarting Trump’s promises of lower borrowing rates. The central bank might even raise rates if inflation worsens. “The risk of conflict between the Trump administration and the Fed is very high,” Olivier Blanchard, former top economist at the International Monetary Fund, said recently. If the Fed increases rates, “it will stand in the way of what the Trump administration wants.” Yes, but with the economy sturdier than expected, the Fed’s policymakers may cut rates only a few more times — fewer than anticipated just a month or two ago. And those rate cuts might not reduce borrowing costs for consumers and businesses very much. The Fed’s key short-term rate can influence rates for credit cards, small businesses and some other loans. But it has no direct control over longer-term interest rates. These include the yield on the 10-year Treasury note, which affects mortgage rates. The 10-year Treasury yield is shaped by investors’ expectations of future inflation, economic growth and interest rates as well as by supply and demand for Treasuries. An example occurred this year. The 10-year yield fell in late summer in anticipation of a Fed rate cut. Yet once the first rate cut occurred Sept. 18, longer-term rates didn’t fall. Instead, they began to rise again, partly in anticipation of faster economic growth. Trump also proposed a variety of tax cuts that could swell the deficit. Rates on Treasury securities might then have to be increased to attract enough investors to buy the new debt. “I honestly don’t think the Fed has a lot of control over the 10-year rate, which is probably the most important for mortgages,” said Kent Smetters, an economist and faculty director at the Penn Wharton Budget Model. “Deficits are going to play a much bigger role in that regard.” Occasional or rare criticism of the Fed chair isn’t necessarily a problem for the economy, so long as the central bank continues to set policy as it sees fit. But persistent attacks would tend to undermine the Fed’s political independence, which is critically important to keeping inflation in check. To fight inflation, a central bank often must take steps that can be highly unpopular, notably by raising interest rates to slow borrowing and spending. Political leaders typically want central banks to do the opposite: keep rates low to support the economy and the job market, especially before an election. Research has found that countries with independent central banks generally enjoy lower inflation. Even if Trump doesn’t technically force the Fed to do anything, his persistent criticism could still cause problems. If markets, economists and business leaders no longer think the Fed is operating independently and instead is being pushed around by the president, they’ll lose confidence in the Fed’s ability to control inflation. Once consumers and businesses anticipate higher inflation, they usually act in ways that fuel higher prices — accelerating their purchases, for example, before prices increase further, or raising their own prices if they expect their expenses to increase. “The markets need to feel confident that the Fed is responding to the data, not to political pressure,” said Scott Alvarez, a former general counsel at the Fed. He can try, but it would likely lead to a prolonged legal battle that could even end up at the Supreme Court. At a November news conference, Powell made clear that he believes the president doesn’t have legal authority to do so. Most experts think Powell would prevail in the courts. And from the Trump administration’s perspective, such a fight might not be worth it. Powell’s term ends in May 2026, when the White House could nominate a new chair. It is also likely the stock market would tumble if Trump attempted such a brazen move. Bond yields would probably increase, too, sending mortgage rates and other borrowing costs up. Financial markets might also react negatively if Trump is seen as appointing a loyalist as Fed chair to replace Powell in 2026. Yes, and in the most egregious cases, it led to stubbornly high inflation. Notably, President Richard Nixon pressured Fed Chair Arthur Burns to reduce interest rates in 1971, which the Fed did, as Nixon sought reelection the next year. Economists blame Burns’ failure to keep rates sufficiently high for contributing to the entrenched inflation of the 1970s and early 1980s. Thomas Drechsel, an economist at the University of Maryland, said that when presidents intrude on the Fed’s interest rate decisions, “it increases prices quite consistently and it increases expectations, and ... that worries me because that means inflation might become quite entrenched.” Since the mid-1980s, with the exception of Trump in his first term, presidents have scrupulously refrained from public criticism of the Fed. “It’s amazing, how little manipulation for partisan ends we have seen of that policymaking apparatus,” said Peter Conti- Brown, a professor of financial regulation at the University of Pennsylvania’s Wharton School. “It really is a triumph of American governance.” Get local news delivered to your inbox!Aces guard Kate Martin was selected by the Golden State Valkyries in Friday’s expansion draft. The Valkyries are the WNBA’s 13th franchise and will begin play next season. Martin, entering her second season, averaged 2.6 points, 1.6 rebounds and 0.9 assists in 11.5 minutes per game last season as a rookie out of Iowa. Her new team will be led by coach Natalie Nakase, who left her role as the Aces’ lead assistant for Golden State. When the Aces selected Martin with the No. 16 pick of the WNBA draft, Nakase was a vocal proponent of the decision. This is a developing story. Check back for updates.

A new state-of-the-art laboratory facility and administration building totalling over US$12 million was commissioned for the Guyana National Bureau of Standards (GNBS) at the National Exhibition Centre at Sophia, Georgetown. The facility, officially declared opened by President Dr Mohamed Irfaan Ali on Wednesday, underscores Guyana’s progress in strengthening standards and quality—key pillars of sustainable development and global competitiveness. The modern structure equips the GNBS with international-standard laboratory facilities, ensuring reliability, ample space for consumer protection tests, and the certification of production standards. It also boasts advanced equipment to maintain ISO accreditation and offers enhanced calibration capabilities for temperature, moisture, volume, pressure, and electricity. President Ali noted that upon assuming office, the government identified key agencies vital for transforming, diversifying, and enhancing the competitiveness of Guyana’s economy, with GNBS being one of them. He said, “ So, not only were we to invest in the physical infrastructure, but we also had to invest heavily in the human capital development, policy transformation and regulatory innovation. Those were additional investments that were required to fuel what this new building will achieve.” The president emphasised the importance of standardisation for market access, trust, and credibility in today’s evolving economy. “ Our entire future that we are building that rests on the international marketplace requires this foundational investment. The economy requires standards. We have to be able to set those standards and educate the public and investors about the standards ,” President Ali underscored. He also highlighted the role of testing in providing verifiable indicators, enhancing competitiveness and brand development. “So, if we apply the best standards, then, most times when you have the certification, your products will carry a different value,” he pointed out. Meanwhile, Minister of Tourism, Industry and Commerce Oneidge Walrond described the facility as a significant step toward equipping Guyana to support micro, small, and medium-sized enterprises (MSMEs), protect consumers, and improve livelihoods. The GNBS plays a crucial role in ensuring local products and services meet international standards, fostering consumer confidence. The facility will enable GNBS to provide over 500 standards spanning agriculture, construction, energy, tourism, and other sectors, promoting a culture of excellence for Guyanese businesses. This project was funded by the government with support from the Inter-American Development Bank (IDB). Country Representative of the IDB, Lorena Solorzano Salazar said the facility’s establishment marks a significant milestone in the partnership between the government and the IDB. She highlighted its role in strengthening private sector operations and fostering diversification across industries such as construction, engineering, tourism, and health. Present at the event were also the Minister within the Ministry of Housing and Water Susan Rodrigues, the Permanent Secretary of the Ministry, Sharon Roopchand-Edwards, the Executive Director of the GNBS, Trevor Bassoo and representatives from the business and diplomatic communities. (DPI)Preview: Strasbourg vs. Reims - prediction, team news, lineupsBLOUNTVILLE — The artwork of three Sullivan County Schools students will be on Christmas cards again for the holidays this year. The trio of students, one each from elementary, middle and high schools across the county, were chosen the tops in their age categories in the system's annual Christmas Card art competition. The three winners are Annabella Woods, a fifth grader at Holston Elementary School in Blountville; Amelia Green, a sixth grader at Sullivan Central Middle School in Blountville; and Elly Bowen, a ninth grader at West Ridge High School in Blountville. The county Board of Education at its meeting Tuesday, Dec. 10, recognized the three for their work with a certificate, their original artwork framed and $10 in Pal’s Bucks spendable like cash at area Pal’s Sudden Service locations. OTHER RECOGNITIONS The board also honored: • Kim Moody for being named Tennessee School Nurse of the Year; • Leslie Watson for being Sullivan County Bus Driver of the Month for November. The monthly awards so far have recognized drivers Kourtney Baker in September, Dorothy Anderson in October and Waymond Manis in November.. Transportation director Justin Steffey started the recognition program; and • The Sullivan East High School Naval Junior ROTC or Reserve Officers Training Corps for its work in the Nov. 11 Veterans Day dedication of a new veterans memorial in Blountville. East NJROTC students Ethan Aliff and Damian Saucier, both seniors, lead the Pledge of Allegiance after a moment of silence at Tuesday night’s meeting. To view a vertical video of the pledge, go to the Kingsport Times News Facebook or Instagram reels online. Also attending the meeting Tuesday night with the NJROTC students was Major Chris Fain, senior naval science instructor at Sullivan East High. In addition, the board in its monthly Spotlight on Learning viewed a work-based learning video about WBL program at West Ridge and Sullivan East high schools, produced by two audio-visual WBL students from West Ridge. The two audio-video WBL students are Zak Elliot and Austin Keen, and their instructor is Jason Sanderford. OTHER ACTIONS As previously reported, the board, among other things: • Approved a bus conduct policy amended to specify that drivers must notify a school system administrator of the transportation director before removing a student from a bus for disciplinary issues; • Approved a more than $2 million LED lighting project through Excel Energy Co. that is guaranteed to pay for itself in electricity savings over nine years of low-interest loan payback; and • Joined an insulin lawsuit handed by the Frantz Group on behalf of school systems nationwide. The insulin lawsuit seeks compensation for alleged price-gouging for insulin in school district with self-insured health coverage. The attorneys will be paid only if the suit is successful out of proceeds of a ruling or settlement. All votes were 6-0 with Chairman Matt Price absent. Price did not attend the meeting, but came by before the meeting started and after a work session was done, because he was working in his capacity as a Sullivan County Sheriff’s Office detective to find two Sullivan Central Middle School students who went missing Tuesday after leaving the school. The two students, a girl and boy, were found, according to a Tennessee Bureau of Investigation social media post shared around midnight. TBI and the sheriff’s office had sought the public’s cooperation in keeping an eye out for the missing teenagers. Stay Informed: Subscribe to Our Newsletter Today

Team claims NASCAR rescinded approval to buy charterFederal appeals court upholds law requiring sale or ban of TikTok in the US A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the law - which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January — is constitutional, rebuffing TikTok’s challenge that the statute ran afoul of the First Amendment and unfairly targeted the platform. TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to the Supreme Court. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.BUCHAREST, Romania (AP) — A top Romanian court on Friday annulled the first round of the country's presidential election, days after allegations emerged that Russia ran a coordinated online campaign to promote the far-right outsider who won the first round. The Constitutional Court’s unprecedented decision — which is final — came after President Klaus Iohannis declassified intelligence on Wednesday that alleged Russia organized thousands of social media accounts to promote Calin Georgescu across platforms such as TikTok and Telegram. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

P/E Ratio Insights for Copa HoldingsNone

Guy Ritchie’s big-budget TV set robbed by daring thieves who stole camera equipmentBiobanks Market: Long-Term Value & Growth Seen Ahead | Merck, GenVault, Thermo Fisher Scientific 12-07-2024 12:42 AM CET | Advertising, Media Consulting, Marketing Research Press release from: HTF Market Intelligence Consulting Pvt. Ltd. Biobanks Market HTF MI recently introduced Global Biobanks Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Thermo Fisher Scientific, Qiagen, Merck, Brooks Life Sciences, Hamilton, BD Biosciences, Tecan, BioCision, Taylor-Wharton, Greiner Bio-One, Biolife Solutions, Biobank Norway, Biostorage Technologies, GenVault, Tissue Solutions. Download Sample Report PDF (Including Full TOC, Table & Figures) 👉 https://www.htfmarketreport.com/sample-report/3289902-global-biobanks-market-2?utm_source=Akash_OpenPR&utm_id=Akash According to HTF Market Intelligence, the Global Biobanks market is expected to grow from $95 Billion USD in 2024 to $170 Billion USD by 2032, with a CAGR of 6.5% from 2024 to 2032. The Biobanks market is segmented by Types (Population, Disease-Oriented, Stem Cell, Umbilical), Application (Genomics, Drug Discovery, Transplantation, Oncology) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA). Definition: Encompasses facilities and services for collecting, storing, and managing biological samples (e.g., blood, tissue, DNA) for research and therapeutic purposes. The market is driven by advancements in genomics, personalized medicine, and drug discovery. Dominating Region: • North America Fastest-Growing Region: • Asia-Pacific Have a query? Market an enquiry before purchase 👉 https://www.htfmarketreport.com/enquiry-before-buy/3289902-global-biobanks-market-2?utm_source=Akash_OpenPR&utm_id=Akash The titled segments and sub-section of the market are illuminated below: In-depth analysis of Biobanks market segments by Types: Population, Disease-Oriented, Stem Cell, Umbilical Detailed analysis of Tank Container Shipping market segments by Applications: Genomics, Drug Discovery, Transplantation, Oncology Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions: • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.) • North America (United States, Mexico & Canada) • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.) • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.) • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia). Buy Now Latest Edition of Biobanks Market Report 👉 https://www.htfmarketreport.com/buy-now?format=1&report=3289902?utm_source=Akash_OpenPR&utm_id=Akash Biobanks Market Research Objectives: - Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years. - To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks). - To analyze the with respect to individual future prospects, growth trends and their involvement to the total market. - To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market. - To deliberately profile the key players and systematically examine their growth strategies. FIVE FORCES & PESTLE ANALYSIS: In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry. • Political (Political policy and stability as well as trade, fiscal, and taxation policies) • Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates) • Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles) • Technological (Changes in digital or mobile technology, automation, research, and development) • Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions) • Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability) Get 10-25% Discount on Immediate purchase 👉 https://www.htfmarketreport.com/request-discount/3289902-global-biobanks-market-2?utm_source=Akash_OpenPR&utm_id=Akash Points Covered in Table of Content of Global Biobanks Market: Chapter 01 - Biobanks Executive Summary Chapter 02 - Market Overview Chapter 03 - Key Success Factors Chapter 04 - Global Biobanks Market - Pricing Analysis Chapter 05 - Global Biobanks Market Background or History Chapter 06 - Global Biobanks Market Segmentation (e.g. Type, Application) Chapter 07 - Key and Emerging Countries Analysis Worldwide Biobanks Market Chapter 08 - Global Biobanks Market Structure & worth Analysis Chapter 09 - Global Biobanks Market Competitive Analysis & Challenges Chapter 10 - Assumptions and Acronyms Chapter 11 - Biobanks Market Research Methodology Key questions answered • How Global Biobanks Market growth & size is changing in next few years? • Who are the Leading players and what are their futuristic plans in the Global Biobanks market? • What are the key concerns of the 5-forces analysis of the Global Biobanks market? • What are the strengths and weaknesses of the key vendors? • What are the different prospects and threats faced by the dealers in the Global Biobanks market? Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia. Nidhi Bhawsar (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 sales@htfmarketreport.com About Author: HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies. We offer services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making. This release was published on openPR.

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Dr. Suganthan Kayilasanathan Launches New Personal Website to Inspire Future Generations of Healthcare Professionals 12-11-2024 11:24 PM CET | Politics, Law & Society Press release from: Getnews / PR Agency: Erase Technologies, LLC Dr. Suganthan Kayilasanathan, esteemed family physician and entrepreneur, is proud to announce the launch of his new personal website, a comprehensive resource dedicated to sharing his medical journey and offering valuable advice to aspiring doctors. The website is designed to guide, educate, and inspire those interested in pursuing a career in medicine. Through this innovative platform, Dr. Kayilasanathan aims to connect with medical students, residents, and young professionals by providing insights into the challenges and rewards of a medical career. The site features personal anecdotes, professional milestones, and practical advice on navigating medical education and patient care. Additionally, it offers resources on work-life balance, incorporating holistic practices into medical practice, and the importance of continual learning and adaptation in the medical field. "Launching this website is a heartfelt initiative to give back to the medical community by fostering a supportive environment for the next generation of physicians," said Dr. Kayilasanathan. "I believe that sharing my experiences and lessons learned can help others not only in their professional journeys but also in achieving personal fulfillment in this demanding field." The website also includes a blog where Dr. Kayilasanathan will regularly post articles on the latest advancements in medical technology, health care policies, and his own experiences in family medicine. Visitors to the site can also find information on Dr. Kayilasanathan's upcoming speaking engagements, workshops, and community involvement. For more information about Dr. Suganthan Kayilasanathan and to explore his new website, please click here [ https://www.suganthankayilasanathan.com/ ]. About Dr. Suganthan Kayilasanathan Dr. Suganthan Kayilasanathan is a family physician based in Toronto, Ontario. With a career dedicated to enhancing patient care through both traditional methods and modern technology, Dr. Kayilasanathan is committed to improving healthcare accessibility and effectiveness. His passion for medicine and community service is evident through his extensive volunteer work and his efforts to mentor future healthcare professionals. Media Contact Contact Person: Dr. Suganthan Kayilasanathan Email: Send Email [ http://www.universalpressrelease.com/?pr=dr-suganthan-kayilasanathan-launches-new-personal-website-to-inspire-future-generations-of-healthcare-professionals ] City: Toronto State: Ontario Country: Canada Website: https://www.suganthankayilasanathan.com/ This release was published on openPR.Buy BHP and these ASX dividend shares now - The Motley Fool Australia

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The Portland Trail Blazers hope to head home for Thanksgiving on a happier and healthier note when they conclude a five-game trip Wednesday night against the Indiana Pacers. The Trail Blazers stagger into Indianapolis after a short-handed 123-98 drubbing at the hands of the Memphis Grizzlies on Monday. Five regulars -- Scoot Henderson, Kris Murray, Matisse Thybulle, Donovan Clingan and Deandre Ayton -- all sat out with injuries. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Each year, an estimated 46 million turkeys are consumed on Thanksgiving alone, with production largely concentrated in a handful of states. To determine the top turkey producers in the U.S., researchers ranked states based on 2023 total turkey production, measured in pounds. Click for more. Thanksgiving's Hometown Heroes: The States You Can Thank for Your Turkey Dinner