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AP Business SummaryBrief at 7:36 a.m. ESTStock yards bancorp president sells $258k in shares

Downing throws for 2 TDs, runs for another, Elon tops North Carolina A&T 31-21

‘Bigg Boss 18’: Salman Khan talks about old ‘arrogant’ police station videoWASHINGTON (AP) — President said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that had and likely got credit for helping people out through this simple, effective act of branding. Biden did the second-guessing as he delivered a speech at the Brookings Institution defending his economic record and challenging Trump to preserve Democratic policy ideas when he returns to the White House next month. Related Articles As Biden focused on his legacy with his term ending, he suggested Trump should keep the Democrats’ momentum going and ignore the policies of his allies. The president laid out favorable recent economic data but acknowledged his rare public regret that he had not been more self-promotional in advertising the financial support provided by his administration as the country emerged from the pandemic. “I signed the American Rescue Plan, the most significant economic recovery package in our history, and also learned something from Donald Trump,” Biden said at the Washington-based think tank. “He signed checks for people for 7,400 bucks ... and I didn’t. Stupid.” The decision by the former reality TV star and real estate developer to add his name to the checks sent by the U.S. Treasury to millions of Americans struggling during the coronavirus marked the first time a president’s name appeared on any IRS payments. Biden and Vice President , who , largely failed to convince the American public of the strength of the economy. The addition of 16 million jobs, funding for infrastructure, new factories and investments in renewable energy were not enough to overcome public exhaustion over inflation, which spiked in 2022 and left many households coping with elevated grocery, gasoline and housing costs. More than 6 in 10 voters in November’s election described the economy as “poor” or “not so good,” according to AP VoteCast, an extensive survey of the electorate. who felt the economy was in bad shape, paving the way for a second term as president after his 2020 loss to Biden. Biden used his speech to argue that Trump was inheriting a strong economy that is the envy of the world. The inflation rate fell without a recession that many economists had viewed as inevitable, while the and applications to start new businesses are at record levels. Biden called the numbers under his watch “a new set of benchmarks to measure against the next four years.” “President-elect Trump is receiving the strongest economy in modern history,” said Biden, who warned that Trump’s planned tax cuts could lead to massive deficits or deep spending cuts. He also said that Trump’s promise of broad tariffs on foreign imports would be a mistake, part of a broader push Tuesday by the administration to warn against Trump’s threatened action. Treasury Secretary Janet Yellen also issued a word of caution about them at a summit of The Wall Street Journal’s CEO Council. “I think the imposition of broad based tariffs, at least of the type that have been discussed, almost all economists agree this would raise prices on American consumers,” she said. Biden was also critical of Trump allies who have pushed , a policy blueprint from the Heritage Foundation that calls for a complete overhaul of the federal government. Trump has disavowed participation in it, though parts were written by his allies and on economics, immigration, education policy and civil rights. “I pray to God the president-elect throws away Project 2025,” Biden said. “I think it would be an economic disaster.”

Digital Logistics Consulting Market May Set a New Growth Story |DHL Consulting, McKinsey

In the competitive world of high-tech semiconductors, Nvidia is currently enjoying a commanding lead. The company has cornered the market for advanced AI accelerator chips, boosting its market cap to a staggering $3.4 trillion as of December 2024, second only to Apple . But as the AI frenzy continues, will Nvidia maintain its dominance, or will rivals catch up by the decade’s end? Experts suggest that despite Nvidia’s soaring success, the competitive landscape could shift by 2029. Heavyweights like Amazon and Alphabet , members of the “Magnificent Seven” of tech stocks, are poised to challenge Nvidia’s supremacy. These companies have a track record of innovation, having successfully pioneered fields such as cloud computing and video social media. Both Amazon and Alphabet have embraced AI and are continually evolving to meet changing market demands. This adaptability gives them a unique edge, potentially allowing them to overtake Nvidia in market value. Projections estimate that Alphabet’s earnings could grow at 16% annually, while Amazon’s growth might hit 18%, placing them in an excellent position to cross the $5 trillion valuations by 2029. Despite Nvidia’s impressive growth, several challenges loom. Competitors like AMD and Broadcom are launching competitive AI chips, while Amazon and Alphabet are developing custom chips for their ecosystems. Nvidia also faces production challenges, relying on third-party manufacturers with limited capacities. Hence, while Nvidia’s rise is remarkable, its future dominance is uncertain. Meanwhile, watching Amazon and Alphabet, whose growth narratives appear robust and steady, seems like a wise long-term investment strategy. Is Nvidia’s Dominance in AI at Risk? Key Competitors and Emerging Trends to Watch The semiconductor industry is abuzz with Nvidia’s current dominance in the AI accelerator chip market, yet questions loom about the sustainability of its lead. As Nvidia’s market cap reaches a staggering $3.4 trillion by the end of 2024, analysts and investors are keenly observing whether the company can maintain its position or if competitors will close the gap by the end of the decade. Rivals in the Race: Amazon and Alphabet Nvidia’s key competitors, Amazon and Alphabet , are not only stalwarts in the tech industry but also pioneers in embracing and evolving with AI technologies. Both companies are substantial players among the “Magnificent Seven” group, indicating their strength and capacity for innovation. As projections suggest, with a possible annual earnings growth of 16% for Alphabet and 18% for Amazon, these companies are on a trajectory that could potentially lead them to surpass Nvidia’s market cap, possibly even crossing $5 trillion by 2029. Market Dynamics and Competitive Landscape The intense competition Nvidia faces comes from companies like AMD and Broadcom , which are launching competitive AI chips. There’s also considerable momentum from Amazon and Alphabet in creating custom chips tailored to their respective ecosystems. This strategic move in chip design and production is crucial, as it not only reduces reliance on third-party manufacturers but also enhances product integration and performance. Challenges Nvidia Faces Despite its commanding market presence, Nvidia encounters several challenges that might impact its growth and market dominance: – Production Bottlenecks : Nvidia’s dependence on third-party manufacturers subjects it to potential production constraints, which could adversely affect supply and innovation cycles. – Increased Competition : As the industry expands, new entrants and established companies launching competitive technologies heighten the pressure on Nvidia to continue to innovate rapidly. Strategic Insights and Predictions While Nvidia’s rise is undoubtedly impressive, its future dominance is precarious due to these emerging challenges and competitors. Industry experts suggest that investing in Amazon and Alphabet, with their robust growth narratives and innovative capabilities, may prove to be a wise long-term strategy for investors. In conclusion, the tech landscape’s rapidly evolving dynamics, including custom chip development and intensifying competition, will be pivotal in determining whether Nvidia retains its dominance or if giants like Amazon and Alphabet will take the lead by decade’s end. For further details about these companies, their innovations, and market strategies, visit their main domains: Nvidia , Amazon , and Alphabet .

“One of the most universal cravings of our time is a hunger for compelling and creative leadership,” wrote one of our mentors, political scientist James MacGregor Burns. Yet, nowadays, leaders nearly everywhere are having a rough time. Syrians have tossed out their brutal dictator and are scrambling to put together provisional leadership. South Koreans have impeached their president, who briefly declared martial law. Several incumbent African leaders have been defeated or replaced. Canadians are calling on Prime Minister Justin Trudeau to resign. Germans have passed a vote of no confidence in their leader. The leaders of Japan, France and the United Kingdom are under fire. College presidents have been fired or are resigning in record numbers. Corporate CEOs and many big-city mayors are in trouble. An excellent FBI director, appointed by Donald Trump nearly eight years ago, is being ill-advisedly forced to resign. U.S. voters this year rejected President Joe Biden's administration. Biden earned about 57% approval in early 2021 is now leaving the White House with a 37% rating. And even though former President Donald Trump boasts of being one of the greatest presidents of all time, his Gallup approval ratings during his first term averaged a modest 41%. He left the White House with a 34% approval rating. Why are leaders today having such a hard time? And what does this mean for the U.S. in the next few years? Effective leadership remains in many ways the most baffling of the performing arts. There is often an element of mystery about it. Intuition, passion, flair and stagecraft come into play, along with strategic reasoning and problem solving. Stagecraft — or the lack of it — has been front and center in recent times. Biden, while credited with important accomplishments, lacked stagecraft. His limited communication and inspirational skills, combined with his health challenges, proved a major handicap. A curious contrast is the currently popular Argentinean President Javier Milei. A Trump admirer, Milei is even more libertarian and anti-government, and even more of a theatrical and operatic showman, than Trump. So far, "chainsaw" Milei, who is trying to fight inflation, is popular. Argentina, however, is known to be rough on its leaders, so time will tell. Leadership in these polarized times is complicated. The U.S. has witnessed a hardening of party loyalties for Democrats and Republicans. This is occurring even while most U.S. voters tell pollsters they are moderate and increasing numbers are registering to vote as independent or unaffiliated. There are now sizable activist voting groups who view political leaders through highly critical political party lenses. In their eyes, only their own party has the correct philosophy and the right programs. These activists are quick to blame the opposition party for policies they deem weird or wrongheaded. Obamacare, Trump's tax cuts, COVID shutdowns, electric vehicle mandates — these are all examples of policies that the opposition party blamed on leadership overreach. Today's instant internet communications trigger nationwide feuds. Even if the political mood of the country was less polarized than it is today, leadership is hard because of many inherent paradoxes. For example, we want a strong, bold leader, yet we are suspicious of a leader becoming autocratic or violating constitutional norms. After the Watergate scandal in 1972, President Richard Nixon famously commented "If the president does it, it's not illegal." Nixon, of course, was forced to resign in 1974, and most Americans were appalled at his claim. Another paradox is that we simultaneously want visionary, leadership that brings out the best in us, yet we also want incremental, pragmatic policy changes. In the past election, for example, Democrats were blamed for being too aggressive on “woke-ism” and not bold enough on border security and illegal immigration. President John Quincy Adams had a succinct definition of a leader: “If your actions inspire others to dream more, learn more, do more, and become more, you are a leader.” Leadership is a collective enterprise. It is an ongoing, subtle, and often complicated interplay between widely shared common desires and a leader's capacity to understand and respond to those desires. President-elect Trump is in an unusual position. He already has experience as president. His party has narrow control of the Senate, the House and the Supreme Court. The Republican Party is more unified now than when he moved into the White House in 2017. And, at least for now, Trump enjoys support by big business and the working class. But he does not have an electoral mandate from voters. While he won the 2024 election, the election was relatively close. Biden won by a bigger margin in 2020. And more than a third of eligible voters didn't bother to vote in November. During his first term, Trump enjoyed strong stock market increases until the pandemic came along. His allies say that Trump is inclined to consider how the stock market does as akin to a national poll. Thus, the performance of the market might, in some ways, limit Trump’s popularity, providing guardrails in his second term. Trump likes to compare himself to President Abraham Lincoln, and there are several opportunities for Trump to win more public support. Americans yearn to see a sensible ending of the wars in Ukraine and Gaza. Trump wants to be a negotiator in these areas, and he could be a successful peacemaker. He should join with our allies and help rebuild a viable Syria — though his much-talked-about department to cut government spending and his isolationist views may undercut such efforts. Americans want more effective border control but do not favor the huge mass deportations that Trump has proposed. Trump should win approval for a more limited and nuanced solution to border control and the illegal immigration issue. This will be tricky, because Trump has made virtually impossible claims as to what he will do at the border and all at once. He must find an acceptable moderate balance on the immigration issue, and this will be a daunting challenge for him. Trump will earn applause for sensible efforts to lessen waste in government operations. Nobody favors waste, but few favor government shutdowns. Some agencies could be consolidated. Some regulations can surely be reduced. And some programs can be postponed or delivered over a longer time span. The soaring national debt is a major problem. Trump faces tough leadership decisions on both tax cuts and government spending reductions. But Trump will face a huge backlash if he and his super-wealthy advisers go after the most popular programs like Social Security, Medicare or veterans’ entitlements. Trump is trying to win approval by joining the movement to end daylight saving time. Most presidents have feuded with the media, yet Trump has taken criticism of the media to the next level. But Trump as president needs and basks in media attention. The media needs him. Leadership and intimidation don't mix well for very long. Trump and some of his supporters have expressed their desire to get “revenge” on his political opponents. He would be well-advised to control these impulses and concentrate on improving the economy. His models should be Lincoln and Ulysses S. Grant — not Lear and Othello. As a letter writer to The New York Times said recently about Trump: “Imagine a presidency in which the president seeks to uplift the most vulnerable and implement programs that benefit all Americans, not just those who vote for him.” Leaders are lifters. Trump is a gifted campaigner, a good storyteller, and he is an accomplished showman, as was former President Ronald Reagan. But even though he is inheriting a strong national economy, Trump has set high expectations for himself. He has made countless promises, and he will be presiding over a country that has become even more skeptical of national leaders and national institutions. He won the presidency in good part because inflation was high, and groceries were expensive. But inflation is not coming down as fast as we would like, and additional tariffs may well be inflationary. American voters seem to want what former President Warren G. Harding promised in 1920 — “A Return to Normalcy.” That is a promise that will be hard to achieve in this time of constant change. His decisions about the Jan. 6, 2021, insurrection at the U.S. Capitol will continue to be controversial. His TikTok decisions will divide. His deference to Elon Musk could prove problematic. We yearn for leaders to unite us as well as help us solve problems. Opportunities are always there for a new presidential administration, and the hopes for Trump’s presidency are high in many places. But exercising effective leadership is hard to do.The Apple iOS 18 has been rolled out and it brings some important features including call recording, hiding apps and much more. Well, as users are installing the latest update there has been reports of battery draining issue. Battery draining issue is a massive issue and if you are one of those who are facing it, you should not worry about that. We have mentioned some hacks through which you can improve the battery health on your iPhone (post iOS 18 update) Have you ever wondered that a mere restart can fix a lot of things? Yes! You read it right. If you are facing battery draining issue after applying Apple iOS 18 on your iPhone, you can restart it and the issue might get fixed. Simultaneously press and hold the side button and either volume button. After some seconds you can see the sliders. Now, drag the slider to right in order to turn off the iPhone. Just wait for 30 seconds or 1 minute and then start the device. In case you are facing the issue of battery drainage on your device post the iOS 18 update, you can simply relax and let your device finish the background processing. Post a new update, the device takes some time to finish background processing and you need not worry if you face the issue of battery. If you are using an older iPhone and facing battery drainage post iOS 18 update, you should ensure whether you battery is alright or not. Open Settings > Battery > Battery Health & Charging In case the maximum capacity is more than 80% there are no issues. However, if the battery capacity falls below 80% you might need to be worried. You can ensure that you device will keep good battery health if you avoid battery draining issue on your iPhone. In order to check which application is draining you battery health massively, you have to go to the settings and find that. If you find an app that is unused, simply uninstall it. In case you have an app that is used on regular basis and consuming a lot of battery you can update it. Updating your existing application can work wonders. An updated can save you from the issue of battery drainage. Making sure that all the apps are up-to-date can save you from battery drainage issue.

TD Cowen Forecasts Strong Price Appreciation for Williams-Sonoma (NYSE:WSM) StockWhy Morgan Stanley's Wealth Management Focus Makes It A Standout