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NEW YORK (AP) — U.S. stocks are rising toward 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 0.5% and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average added 81 points, or 0.2%, to its own record set the day before, while the Nasdaq composite was 0.5% higher, with less than an hour remaining in trading. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada's main index edged down by just 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. 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. General Motors sank 8.2%, 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 3.9%. 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 to the job market . While lower interest rates can boost the overall economy and prices for investments, 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. Unlike tariffs in Trump's first term, his proposal from Monday night would affect products across the board. Trump’s tariff talk came almost immediately after U.S. stocks rose Monday amid excitement about his pick for Treasury secretary, Scott Bessent. The hope was the hedge-fund manager could steer Trump away from policies that balloon the U.S. government deficit, which is how much more it spends than it takes in through taxes and other revenue. The talk about tariffs overshadowed another set of mixed 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 instituted by the Fed to get inflation under control. Kohl’s tumbled 17.6% 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 4.7% 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%. 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. J.M. Smucker jumped 5.4% for one of the biggest gains in the S&P 500 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 2.8% for Amazon and 2% for Microsoft were the two strongest forces lifting the S&P 500. In the bond market, Treasury yields rose 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 climbed to 4.30% 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 $91,600, 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. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!

United States president-elect Donald Trump says his meeting with Prime Minister Justin Trudeau at Mar-a-Lago Friday was productive. Trump says in a post on Truth Social they discussed the drug crisis, particularly fentanyl, as well as illegal immigration and trade. More coming. The Canadian PressIndia needs to address Dhaka’s concerns, Bangladesh optimistic about good bilateral relations: Foreign Affairs Adviser PTI Updated: November 30th, 2024, 22:04 IST in International , Prime News 0 Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin Dhaka: Amid an ongoing diplomatic row over the arrest of a Hindu priest, Bangladesh on Saturday said India needs to address Dhaka’s longstanding concerns to improve bilateral ties but remained optimistic about good relations with bilateral interests protected. Bangladesh’s Foreign Affairs Adviser Touhid Hossain also acknowledged that there is a “change in the relations” between the two neighbours after August 5 and said it is a “reality.” Also Read Cyclonic storm ‘Fengal’ begins landfall near Puducherry: IMD 2 hours ago Bangladesh: Three Hindu temples vandalised in Chattogram 9 hours ago India needs to address Bangladesh’s longstanding concerns to improve bilateral ties between Dhaka and New Delhi, Hossain said adding: “Bangladesh’s previous (ousted) government addressed the concerns of India, but India did not address Bangladesh’s concerns.” Deposed prime minister Sheikh Hasina fled to India on August 5 following widespread protests against her Awami League-led government over a controversial job quota system. Three days later, Muhammad Yunus, a Nobel laureate, took over as the Chief Adviser of the interim government. The diplomatic row erupted between India and Bangladesh after Hindu priest Chinmoy Krishna Das, a former member of International Society for Krishna Consciousness (ISKCON), was arrested from Dhaka’s Hazrat Shahjalal International Airport on Monday. Das, the spokesperson for the Bangladesh Sammilita Sanatani Jagran Jote, was denied bail and sent to jail by the Chattogram’s Sixth Metropolitan Magistrate court in a sedition case on Tuesday. It triggered clashes between his supporters and the security personnel that led to the killing of a lawyer. Hossain was speaking at a roundtable titled ‘Bangladesh-India Relations: Expectations, Barriers and Future’ organised by the South Asian Institute of Policy and Governance (SIPG) and the Department of Political Science & Sociology (PSS), North South University here, state-run news agency Bangladesh Sangbad Sangstha (BSS) said. The Foreign Affairs Adviser acknowledged that “there is a change in the relations after August 5,” and said, “This is reality” but remained optimistic about bilateral relationship despite current diplomatic challenges. “Dhaka wants to remain optimistic that we would be able to establish a good relation with India making sure that bilateral interests are protected,” BSS said quoting Hossain. He emphasised the importance of a national consensus on foreign policy, saying Bangladesh could not fully capitalise its potentials due to political divisions. Following this week’s anti-Hindu incidents — including Das’ arrest and attacks on Hindu temples and community members — India on Friday said the interim government in Bangladesh must live up to its responsibility of protecting all minorities as it expressed serious concern over the “surge” of extremist rhetoric and increasing incidents of violence against Hindus as well as attacks on temples. External Affairs Minister S Jaishankar told Parliament that India has taken serious note of incidents of violence against minorities in Bangladesh and that it is the primary responsibility of Dhaka to protect the life and liberty of all the citizens, including minorities. On the other hand, Bangladesh on Friday expressed deep concern over the violent protest at the Deputy High Commission in Kolkata and urged New Delhi to ensure the safety of all its diplomatic missions in India. Among other issues, Hossain also pointed out that there has been no progress on crucial issues between Bangladesh and India such as the Teesta water sharing agreement or the troubling problem of border killings, the BSS added. PTI Tags: Bangladesh India Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you're human:

Scanlan: Time for legislators to protect womenCheck out the report card from Nebraska's 44-25 win against Wisconsin on Saturday at Memorial Stadium. Who can name Nebraska's last 100-yard rusher in a game, before Emmett Johnson achieved the feat Saturday? Johnson ran like he had something to prove, repeatedly shedding the first Badger to get to him. His best run of the day may have been a 19-yard burst in the third quarter when he patiently followed pulling linemen Ben Scott and Henry Lutovsky. Dante Dowdell has a knack for the end zone, scoring three times. (Trivia answer: Chubba Purdy ... against Wisconsin last year). Dylan Raiola has his rhythm back. He spent most of the game hovering around a 70 percent completion rate, which is reminiscent of his first four or five games. The ball is getting out of his hands quicker, and those pitch-and-catches are finally going for big gains. One of his best throws of the day was originally ruled a touchdown on a fade ball to Isaiah Neyor, but replay confirmed he didn't get a foot down. Jahmal Banks had a great TD snag in which he leaped, snared the ball and got his toes down. People are also reading... Recap: Here's how Joey Graziadei will win 'Dancing with the Stars' Zitel bound over to district court in death of child They fell in love with Beatrice. So they opened a store in downtown. At the courthouse, Nov. 16, 2024 Kidnapping in Nebraska prompted police chase that ended with 3 dead on I-29 in Missouri Chamberlain among seven inducted into Nebraska Baseball HOF No change in bond amounts in child abuse death case Harmonizers to perform Just Askin': Dana Holgorsen noncommittal on future, ranking a big week for Nebraska Athletics Clabaugh family presents Outstanding Educator award Inside Nebraska volleyball’s finishing kick for a Big Ten title: First up, Wisconsin Courthouse lighting ceremony planned for Sunday Historical society appoints board members, elects officers Believers bought airplane for dead preacher thinking he’d rise from grave to fly in it How one Virginia woman persevered through abuse, oppression in Christian 'cult' John Bullock's second tackle for loss of the game stopped Wisconsin's Tawee Walker on fourth-and-1 midway through the third quarter, and it felt like an early dagger for the home team. Bullock was a standout on senior day. The Huskers had some open-field tackling issues but held their own on third- and fourth-down situations. Darrion Dupree was a nice change-of-pace option for the Badgers, averaging 7.5 yards on his seven attempts. Wisconsin found success early on slant passes, including one that went to Vinny Anthony for 42 yards after Isaac Gifford whiffed on a tackle. After that, Braedyn Locke was able to open it for deep balls, including touchdown tosses of 24 and 58 yards. Wisconsin's Vinny Anthony had a big day, racking up six catches for 128 yards and Locke threw for more yards than he has in his past five games. A cool moment for DeShon Singleton, who came down with an interception in his final game at Memorial Stadium. Brian Buschini is having a great season, and Saturday was another notch on his belt. First, he ripped a 52-yard punt that flipped field possession, and he followed that up with a 49-yard boot that went out of bounds at the Wisconsin 3-yard line. Equally as impressive was kicker John "ol' reliable" Hohl, who made all three of his field goals and stayed clean on extra points. Oh, and how about Jacory Barney's 55-yard kick return to open the game? NU's third phase is trending up after a turbulent stretch. A question we might not ever get an answer to: Why was Matt Rhule forced to use a challenge to review Wisconsin's first-quarter touchdown? Don't all scoring plays get reviewed automatically? In a similar situation later in the game, Wisconsin was spared from using a challenge for officials to take another look at a Nebraska touchdown, which was reversed. Also, the unsportsmanlike conduct penalty on Micah Mazzccua for spiking the ball on a touchdown felt unnecessary. Nebraska scored a touchdown on its first possession of a game for the first time since the Northern Iowa game. A true tone-setter. There's plenty to unpack from Holgorsen's play sheet — it's no coincidence it only took him two games to pop a 100-yard rusher. And, 44 points for a team that has scored 20 (twice), 17, 7 and 14 in its past five games. That'll do. For the first time in 49 days, Nebraska won a football game. That was a long 49 for everyone involved. This one is a little more cathartic than usual, too, as the Huskers finally wrapped their arms around a bowl berth. It also takes a big bite out of the pressure NU faces on Black Friday vs. Iowa, which is no longer a "must-win." Get local news delivered to your inbox!None

Casey’s concession comes more than two weeks after Election Day, as a grindingly slow ballot-counting process became a spectacle of hours-long election board meetings, social media outrage, lawsuits and accusations that some county officials were openly flouting the law. Republicans had been claiming that Democrats were trying to steal McCormick’s seat by counting “illegal votes.” Casey’s campaign had accused of Republicans of trying to block enough votes to prevent him from pulling ahead and winning. In a statement, Casey said he had just called McCormick to congratulate him. “As the first count of ballots is completed, Pennsylvanians can move forward with the knowledge that their voices were heard, whether their vote was the first to be counted or the last," Casey said. The Associated Press called the race for McCormick on Nov. 7, concluding that not enough ballots remained to be counted in areas Casey was winning for him to take the lead. As of Thursday, McCormick led by about 16,000 votes out of almost 7 million ballots counted. That was well within the 0.5% margin threshold to trigger an automatic statewide recount under Pennsylvania law. But no election official expected a recount to change more than a couple hundred votes or so, and Pennsylvania's highest court dealt him a blow when it refused entreaties to allow counties to count mail-in ballots that lacked a correct handwritten date on the return envelope. Republicans will have a 53-47 majority next year in the U.S. Senate. Follow Marc Levy at twitter.com/timelywriter

Stock market today: Wall Street rises toward records despite tariff talkSIU: driver that fled OPP traffic stop in Arva fatally injured

British Columbia’s new official Opposition leader is facing the first major test of his leadership. Thirteen BC Conservative MLAs have written a letter to Leader John Rustad demanding action to restore “confidence in the core values” of the Conservative caucus, and singling out one of their caucus colleagues. The letter, first obtained by CKNW Radio host Jas Johal , comes just weeks after the fledgling BC Conservative party came within three seats of forming a majority government in B.C.’s provincial election. The issue revolves around Surrey-Cloverdale Conservative MLA Elenore Sturko’s response to the Nov. 22 ouster of Vancouver Police Board vice-chair Comfort Sakoma-Fadugba, following a series of posts she made on social media. In screenshots of the Instagram stories posted to Reddit , Sakoma-Fadugba suggested Christianity underpins Canadian culture and values, raised concerns about secular education “erasing Christian values from the lives of our children,” and mused that exposure to Diwali celebrations in schools could lead to Hinduism becoming the “dominant cultural influence.” The posts also raised concerns about gender transitioning among children and a “woke culture that pits children against their parents,” and criticized “mass immigration” and a “growing aversion to assimilation.” Police board Chair Frank Chong subsequently said he asked for Sakoma-Fadugba’s resignation, stating the social media posts “do not reflect the value of the Board and are inconsistent with our code of conduct.” In their letter to Rustad, the MLAs express dismay that Sturko subsequently appeared in a CBC interview where she “endorsed the resignation on the basis that these views were ‘offensive’ and undermined trust in police.” “Under your leadership, the Conservative Party of BC has consistently denounced ‘cancel culture’ and stood for the Charter rights of British Columbians to enjoy free expression and freedom of religion,” the letter states. The MLAs then add that “there are unanswered questions regarding the extent to which Ms. Sturko’s statements were vetted in advance by senior staff.” The letter claims Sturko’s comments caused Sakoma-Fadugba “undue harm” and calls on Rustad to “invite” the Surrey MLA to apologize to her and to “advance conciliatory discussions” with the former board member. In the alternative, it asks Rustad to apologize on the party’s behalf. Rustad has previously pledged that his MLAs would be free to speak their minds. Signatories to the letter include MLAs from around the province, including South Surrey MLA Bruce Chapman who was forced to apologize for resurfaced social media comments in which he called Palestinians “little inbred walking talking breathing time bombs.” Sturko declined to comment, while Rustad’s communications staff said there was no update to share at this time. The full list of signatories includes:MANCHESTER, England (AP) — Manchester City's players were booed by their own fans Tuesday after blowing a three-goal lead against Feyenoord in the Champions League to extend their winless run to six games. Jeers rang around the Etihad Stadium after the final whistle of a dramatic 3-3 draw. After five-straight losses in all competitions, City looked to be cruising to victory after going three up inside 50 minutes. But Feyenoord mounted an improbable comeback and leveled the game in the 89th minute to leave the home crowd stunned. While the worst losing streak of Guardiola’s managerial career was brought to an end, his wait for a first win since Oct. 26 goes on. Erling Haaland had scored twice, with Ilkay Gundogan also on target to put City in control. But goals from Anis Hadj Moussa in the 75th, Santiago Gimenez in the 82nd and David Hancko in the 89th turned the game on its head. City's players, including Bernardo Silva, Josko Gvardiol and Haaland looked visibly frustrated as they left the field to cheers of the delirious traveling Dutch fans in the away section of the stadium. City plays Premier League leader Liverpool on Sunday — defeat would leave it 11 points adrift of its title rival. James Robson is at https://twitter.com/jamesalanrobson AP soccer: https://apnews.com/hub/soccerBEIJING , Nov. 23, 2024 /PRNewswire/ -- A news report from chinadaily.com.cn : Representatives discuss hot topics faced by countries in digitalization China's forward-looking vision on the future development of the internet offers a glimpse into how cooperation can narrow the digital divide across the world, at a time when an economic slowdown and impeded globalization have stunted growth worldwide, said government officials and industry experts on Friday. They made the remarks at the 2024 World Internet Conference Wuzhen Summit that ended in Wuzhen, Zhejiang province on Friday. They also sought more global cooperation to advance the development of the internet in less-developed economies and enhance digital competence for all. Ren Xianliang, secretary-general of the WIC, said at a news conference, "More efforts should be made to help make the internet a new frontier for all parties to cooperate and continue to create more convergence of interests, growth points of cooperation and new highlights of win-win scenarios in cyberspace." "All parties around the world are expected to join hands to build a cyber world where human beings coexist, jointly create a digital future of win-win cooperation and make cyberspace better for all peoples of the world," he said. More than 1,800 representatives from governments, international organizations, industry associations, internet enterprises, universities and think tanks from over 130 countries and regions attended this year's summit, addressing some of the hottest topics faced by countries in digitalization. Teo Nie Ching , deputy minister of communications of Malaysia , said at the conference that digital transformation is not solely about technological advancement, but also a reflection of human values and actions. "As technology progresses, we must uphold a core principle of people-centered and holistic development to ensure that technological applications truly serve the common good and promote share to the progress," Teo said. A United Nations report found that 2.6 billion individuals globally still lack internet access and a sharp digital divide can also be observed among economies, among industries and between urban and rural areas. Although many less technologically advanced regions, such as Africa , possess a strong willingness to build an inclusive and equitable digital world, the rapid advancement of technologies often poses a huge challenge to developing countries — how to actively participate and keep pace with this growth, said Nii Narku Quaynor , chairman of Ghana Dot Com. Against this backdrop, reinforcing open access to internet channels, digital content and technologies can greatly benefit emerging economies in the digital world, he said. Eyeing a higher-level of inclusiveness, connectivity and cooperation in the internet sector, a statement on global digital cooperation was released by a sub-forum of the WIC. The statement highlighted the importance of advancing international cooperation on data exchange, enhancing cross-border data connectivity, and narrowing gaps in data circulation, as well as more initiatives to build an open and mutually beneficial international framework for data collaboration. Intensified efforts should also be made to deepen international exchanges on technology standards, ethical guidelines and legal frameworks, advancing a widely accepted global AI governance system, said the statement. It also called for human-centered and ethically sound approaches to cutting-edge technologies such as AI, encouraging safe, reliable, fair and transparent research and development as well as applications of AI. At the opening ceremony of WIC, Chinese Vice-Premier Ding Xuexiang also stressed the need for the international community to jointly deal with problems such as the digital divide and a grave cybersecurity situation to build a better digital future. The digital divide continues to widen, and the situation of cybersecurity has become more severe, Ding said, adding that the international community is in greater need than ever of jointly advancing a community with a shared future in cyberspace. China has been sharing the opportunities of modernization with countries around the world and injecting strong impetus into global modernization, Ding said. View original content to download multimedia: https://www.prnewswire.com/news-releases/china-set-to-narrow-digital-divide-302314740.html SOURCE chinadaily.com.cnNone

2 Incredible Growth Stocks to Buy With $1,000 Right NowGeorge Horne believes Glasgow’s demanding run to the URC title this year will make them a more formidable force in Europe. Warriors open their Champions Cup campaign at home to Sale Sharks next weekend, with many pundits tipping them as dark horses. Last season’s campaign ended in frustration when they lost a narrow contest away to Harlequins in the last 16. Glasgow, though, bounced back from that setback to seal domestic supremacy, defeating the Stormers, Munster and then the Bulls to clinch the trophy, the latter two away from home. Horne hopes that experience will bolster their European campaign that also includes a home tie against Racing 92 and away trips to Toulon and, once more, Harlequins. The Scotland scrum-half said: “The European Cup is so special. We obviously want to win the league but to go far in Europe is a massive goal of the squad as well. We were disappointed after our loss to Harlequins so this year we want to go as far as we can. “We were on the cusp of a massive away win that would have put us into a quarter-final in Europe. So it was a low point but also a huge turning point for the squad. “It was the first time we knew we could compete with the best teams away from home. Then look at what happened at the end of the season. We had another couple of really disappointing defeats away to the Lions and the Bulls and then that kind of springboarded us into that playoff run. “We don't want to lose at all but sometimes you've got to take the lessons and get better from it and I think we did that.” Horne was surprisingly omitted from the Scotland team for the autumn games against Fiji and South Africa but used it as a spur. He revealed: “I took it as a bit of a kick up the backside. I was proud of myself for the way I responded in training and just my general work ethic around the team. Thankfully I got a chance against Portugal and then Australia.”