jili update

Article content In Canada, truly cheap cars are officially a relic of the past. Just seven short years ago, it was possible to buy a brand-new car in Canada for less than $10,000 before fees. Now, going into 2025, the cheapest new car in Canada is priced just over $20,000. And this comes right as affordability is hitting a tipping point for Canadian households. How did we get here? There are three major factors involved. Here, we’ll walk through what’s driving vehicle prices up in Canada; and what you can do as a car buyer to keep your own vehicle costs as low as possible. Where have all the cheap cars gone? One major factor driving up vehicle prices in Canada is that our subcompact car segment is all but dead. This happened for one very simple reason: we weren’t buying them. RIP to the Chevrolet Sonic (2018); Ford Fiesta (2019); Nissan Micra (2019); Honda Fit (2020); Toyota Yaris (2020); Chevrolet Spark (2022); Hyundai Accent (2022); Kia Rio (2023); and the penultimate nail in the coffin, the Mitsubishi Mirage (2024). The Mirage was the final car left in Canada with a manufacturer’s suggested retail price (MSRP) of less than $20,000 before fees: $16,998, to be exact. Dan Dakin, Manager of Communications Strategy and Public Relations for Mitsubishi Motors Canada, tells Driving.ca there’s enough inventory on dealer lots to last a few months into 2025. But the 2024 model year will be the Mirage’s last , and once those final units are gone, they’ll take the final sub-$20,000 MSRP with them. “In Canada, the Mirage was the lowest-selling vehicle in the Mitsubishi Motors lineup,” Dakin explains. “[This decision] allows Mitsubishi to shift its focus and resources on growing the SUV lineup.” You’ll find that same sentiment echoed by every automaker that’s cut its cheapest cars. Manufacturers can only sell what people will buy. This leaves exactly one subcompact car on Canada’s new-vehicle market, the 2025 Nissan Versa, which has a starting MSRP of $20,798 before fees. (Including destination charges and dealer fees, the 2025 Nissan Versa S is priced at $23,406.) This makes the 2025 Versa the most affordable new car in Canada . Cars are more expensive to build The second thing driving up prices is that cars are more expensive to build today than they were a decade ago. Crash safety standards are more stringent. Built-in infotainment screens were once a premium feature, but mandatory back-up cameras have made them a given. Radar-based safety systems require more sensors and on-board computing. And that’s before factoring in features Canadians have come to expect as standard, such as heated front seats and smartphone integration. “We can’t build Chevy Cavaliers from the ‘90s because they would never pass regulation,” says Robert Karwel, Director of Customer Success in the Data and Analytics Division for J.D. Power & Associates in Canada. “They have to be safer, cleaner, and increasingly not combustion-powered. Don’t look for vehicles as a whole in our marketplace to be getting cheaper any time soon.” Inflation is driving car prices up The third thing affecting vehicle prices in Canada is influencing prices on just about everything else: inflation. “The COVID craziness happened, massive inflation like we haven’t seen for a generation in Canada, and everything got really expensive,” Karwel explains. And when the costs of doing business go up for automakers, those costs inevitably gets passed on to you, the customer. “The automotive industry has seen some price increases in recent years, driven by a number of factors which rise from supply-chain disruptions, transportation costs, to the cost of raw materials, and the overall inflation,” Douâa Jazouli, Manager of Product and Technology Communications for Nissan Canada, told Driving.ca. “Let’s not forget,” Karwel adds, “the [Canadian auto workers union], Unifor; and the [U.S. United Auto Workers union], their wages went up 25% to 30% in the last round [of collective bargaining agreement negotiations]. Where do we think that’s going to come [from]? I’m not saying there’s anything wrong with that. This is how the economy works.” Young people are being priced out of Canada’s new-vehicle market What’s the inevitable end result of the death of cheap cars and the subsequent rise in entry-level new vehicle prices? Canadians with lower budgets are being priced out of the new-vehicle market. Karwel says his statistics show young people are taking the biggest hit. “Roughly 25% of the [new-car] market was under 35 years of age [prior to 2020],” Karwel says. “Post-COVID, it dropped to about 20% to 21%. That doesn’t sound like a lot, but that’s a number that doesn’t [typically] change very quickly.” Karwel points out that young people who live in urban environments may opt out of vehicle ownership because they have access to public transit and ride-hailing. But he also sees rising vehicle prices pushing young buyers into the used-car market. And since interest rates on used cars are consistently higher than on new cars, that’s not a great place for cash-strapped young Canadians to be. “The average [Canadian monthly] financing payment is still about $850,” says Karwel. “We were hitting close to $900 last year. It’s [roughly] $200 per month more than pre-COVID. So, we pushed those buyers away. We’re not really doing ourselves any favours with younger folk if payments are high by immediately historical norms.” Even as new cars get more expensive, there are good reasons to choose them over used cars. New cars can usually be financed with lower interest rates, and they often have better average fuel economy ratings than older ones. They also come with manufacturer warranties that help mitigate unexpected expenses, which helps keep costs stable for the first few years of ownership. If you’d still like to buy a new car but aren’t sure where to start as vehicle prices trend upward, here are a few points to consider. Choose the smallest vehicle you can live with With subcompact cars all but gone, subcompact SUVs are now the de facto entry point for most brands in Canada. And Canadians are increasingly choosing them as a relatively affordable option. This is not only true of the people who would formerly have chosen a cheap car: some of us are downsizing from larger SUVs and even trucks to save money. In fact, Karwel says subcompact SUV has overtaken midsize SUV over the past 12 months to become the third-largest sales segment in Canada. As you dive into shopping for subcompact SUVs, it’s important to know how this segment is structured. Some of these vehicles come with the features Canadians expect from SUVs, such as available all-wheel-drive (AWD), a high seating position, and plenty of ground clearance. Examples include the Hyundai Kona , Kia Seltos , Nissan Kicks , Toyota Corolla Cross , and Subaru Crosstrek . If you want an affordable small vehicle with SUV capability, these are good options. However, there’s another, more budget-oriented sub-segment of subcompact SUVs. Many of these are closer to hatchbacks than SUVs, but come with the “SUV” label to make them more appealing. The Hyundai Venue , Kia Soul , and Nissan Kicks Play are examples. These are all more car-like than the options above, and come exclusively with front-wheel-drive (FWD). If your budget is pushing you toward these vehicles, you should know that, apart from some interior height, they’re not giving you much more capability than a subcompact or compact car would. While the sub-$20,000 car is dead, more affordable cars like the subcompact Nissan Versa or compacts such as the Nissan Sentra , Toyota Corolla , Hyundai Elantra , and the new Kia K4 are still out there. If you’re looking at price above all else, consider these before you look at the cheapest subcompact SUVs. Incentives are back, so shop around more aggressively At the height of the semiconductor shortage, dealers were selling every single vehicle they could get their hands on. This left zero room for negotiation: you paid the price they asked, or they sold the car to someone else. Those days are now behind us, and incentives are starting to resurface . This can take the form of up-front cash discounts and lower interest rates. Some brands also offer incentives for returning customers and discounts for students or active military personnel. Don’t get your hopes up if you’re shopping within a very popular segment, though. Karwel says compact SUVs, and especially hybrids, are still selling as fast as dealers can get them, so you’re unlikely to see price drops there. But if you’re willing to buy a lower-trim vehicle or within a less popular segment — again, at the budget end, we’re thinking small cars, here — you’ve got more power as a buyer than you did a couple of years ago. It’s worth doing some cross-shopping and putting pressure on salespeople to score yourself a better deal. Get clear on how financing and leasing work Most people walk into a dealership focused solely on the monthly payment they can afford. Taking the time to learn more about how buying a new car works is very important . It’s not a one-size-fits-all process, and being informed will help you make an arrangement that works for you. For example, Karwel says most new car buyers in Canada today choose to finance for 84 months (or seven years). This gives you a lower monthly payment than a 60-month/five-year term, but that doesn’t mean it’s automatically the best choice for you. What if your household needs change in seven years? What if you move and can’t take the car with you? If you need to sell your car well before its financing term is up, you could find yourself in a situation called “negative equity.” This happens when you owe more on your car than what it’s worth on the used-car market. In this situation, you’ll need to carry the remaining balance over into your next car loan, and it will take you longer to get that car into the black. It can be a dangerous spiral into increasing unaffordability. Karwel says we’re seeing negative equity trending back upward in Canada after a brief reprieve during the pandemic. He says it’s not yet approaching record levels, and he’s not worried yet, but it’s something he’s monitoring. A trend he’s more concerned about is the increase in used-vehicle buyers choosing 84-month financing. Depending on the age of the used vehicle when you buy it, a seven-year term means it could reach the end of its life before you’ve finished your payments, leaving you paying for a car you can no longer use. Depending on your answers to these questions, you may be better off getting a less expensive vehicle that you can pay off faster if your budget allows it. Consider a lease or a Certified Pre-owned vehicle Leasing is another option for buyers on a budget. It tends to be more affordable than financing, but it comes with its own set of challenges. For one, you don’t own the vehicle at the end of the lease, so the money you spend benefits the dealership instead of you. There are also strict limits on how you can drive the vehicle and financial penalties if you surpass those limits. And if your situation changes, breaking a lease is very complicated, time-consuming, and costly. But if it’s the only way to get a monthly payment you can afford, then leasing may be your best choice. For some buyers, Certified Pre-Owned vehicles (CPO) can be a good alternative. CPO vehicles are newer used vehicles that are inspected by automaker-certified mechanics to ensure they’re in good shape. They typically come with some amount of warranty coverage and lower interest rates than uncertified used cars. CPO vehicles are more expensive than equivalent non-CPO used vehicles because of this, but they’re more affordable than new vehicles. “Financial solutions such as leasing and certified pre-owned financing are useful tools to address affordability in the marketplace,” says Mark Di Donato, President and Chief Executive Officer for Hyundai Capital Canada Inc. Di Donato points out you can also lower your vehicles payments by making a larger down payment up front and choosing to make more frequent payments, such as bi-weekly instead of monthly. “The ability to customize an automotive lease or loan through security deposits, down payments, contract term, payment frequency and loyalty incentives, are other ways that OEMs, dealers, and lenders help to match a vehicle payment to a specific customer budget,” Di Donato says. Put off your next vehicle purchase if you can One of the best things you can do to keep your car payments affordable is to not have one at all. If you’re shopping for a new car because your current one is older but it’s paid off and in good shape, you’ll benefit greatly from keeping it on the road and putting some money away every month instead. This will allow you to save up for a larger down payment on a future purchase, which will ultimately save you money. In short, when you’re buying a new car, you have more levers to pull than you might think. Even as new vehicle prices go up, there are a variety of tools at your disposal to keep your car costs manageable. With this information at hand, you’ll find it easier to work through your options and make a decision that’s right for you. Sign up for our newsletter Blind-Spot Monitor and follow our social channels on X , Tiktok and LinkedIn to stay up to date on the latest automotive news, reviews, car culture, and vehicle shopping advice.jili update 。

IoT in Manufacturing Market: IoT in Manufacturing to Reach USD 2114.33B by 2031 12-02-2024 09:26 PM CET | IT, New Media & Software Press release from: SkyQuest Technology IOT in Manufacturing Market Scope: Key Insights : IOT In Manufacturing Market size was valued at USD 321 billion in 2022 and is poised to grow from USD 395.79 billion in 2023 to USD 2114.33 billion by 2031, growing at a CAGR of 23.30% during the forecast period (2024-2031). Discover Your Competitive Edge with a Free Sample Report : https://www.skyquestt.com/sample-request/iot-in-manufacturing-market Access the full 2024 Market report for a comprehensive understanding @ https://www.skyquestt.com/report/iot-in-manufacturing-market In-Depth Exploration of the global IOT in Manufacturing Market: This report offers a thorough exploration of the global IOT in Manufacturing market, presenting a wealth of data that has been meticulously researched and analyzed. It identifies and examines the crucial market drivers, including pricing strategies, competitive landscapes, market dynamics, and regional growth trends. By outlining how these factors impact overall market performance, the report provides invaluable insights for stakeholders looking to navigate this complex terrain. Additionally, it features comprehensive profiles of leading market players, detailing essential metrics such as production capabilities, revenue streams, market value, volume, market share, and anticipated growth rates. This report serves as a vital resource for businesses seeking to make informed decisions in a rapidly evolving market. Trends and Insights Leading to Growth Opportunities The best insights for investment decisions stem from understanding major market trends, which simplify the decision-making process for potential investors. The research strives to discover multiple growth opportunities that readers can evaluate and potentially capitalize on, armed with all relevant data. Through a comprehensive assessment of important growth factors, including pricing, production, profit margins, and the value chain, market growth can be more accurately forecast for the upcoming years. Top Firms Evaluated in the Global IOT in Manufacturing Market Research Report: Siemens AG (Germany) IBM Corporation (US) Microsoft Corporation (US) Cisco Systems Inc. (US) General Electric Company (US) Rockwell Automation Inc. (US) ABB Ltd. (Switzerland) Honeywell International Inc. (US) Bosch Rexroth AG (Germany) Schneider Electric SE (France) Key Aspects of the Report: Market Summary: The report includes an overview of products/services, emphasizing the global IOT in Manufacturing market's overall size. It provides a summary of the segmentation analysis, focusing on product/service types, applications, and regional categories, along with revenue and sales forecasts. Competitive Analysis: This segment presents information on market trends and conditions, analyzing various manufacturers. It includes data regarding average prices, as well as revenue and sales distributions for individual players in the market. Business Profiles: This chapter provides a thorough examination of the financial and strategic data for leading players in the global IOT in Manufacturing market, covering product/service descriptions, portfolios, geographic reach, and revenue divisions. Sales Analysis by Region: This section provides data on market performance, detailing revenue, sales, and market share across regions. It also includes projections for sales growth rates and pricing strategies for each regional market, such as: North America: United States, Canada, and Mexico Europe: Germany, France, UK, Russia, and Italy Asia-Pacific: China, Japan, Korea, India, and Southeast Asia South America: Brazil, Argentina, Colombia, etc. Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, and South Africa This in-depth research study has the capability to tackle a range of significant questions that are pivotal for understanding the market dynamics, and it specifically aims to answer the following key inquiries: How big could the global IOT in Manufacturing market become by the end of the forecast period? Let's explore the exciting possibilities! Will the current market leader in the global IOT in Manufacturing segment continue to hold its ground, or is change on the horizon? Which regions are poised to experience the most explosive growth in the IOT in Manufacturing market? Discover where the future opportunities lie! Is there a particular player that stands out as the dominant force in the global IOT in Manufacturing market? Let's find out who's leading the charge! What are the key factors driving growth and the challenges holding back the global IOT in Manufacturing market? Join us as we uncover the forces at play! To establish the important thing traits, Ask Our Experts @ https://www.skyquestt.com/speak-with-analyst/iot-in-manufacturing-market Table of Contents Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Market Size Analysis from 2023 to 2030 11.6 COVID-19 Outbreak: Medical Computer Cart Industry Impact Chapter 2 Competition by Types, Applications, and Top Regions and Countries 2.1 Market (Volume and Value) by Type 2.3 Market (Volume and Value) by Regions Chapter 3 Production Market Analysis 3.1 Worldwide Production Market Analysis 3.2 Regional Production Market Analysis Chapter 4 Medical Computer Cart Sales, Consumption, Export, Import by Regions (2023-2023) Chapter 5 North America Market Analysis Chapter 6 East Asia Market Analysis Chapter 7 Europe Market Analysis Chapter 8 South Asia Market Analysis Chapter 9 Southeast Asia Market Analysis Chapter 10 Middle East Market Analysis Chapter 11 Africa Market Analysis Chapter 12 Oceania Market Analysis Chapter 13 Latin America Market Analysis Chapter 14 Company Profiles and Key Figures in Medical Computer Cart Business Chapter 15 Market Forecast (2023-2030) Chapter 16 Conclusions Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 351-333-4748 Email: sales@skyquestt.com About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. This release was published on openPR.California Democratic governor ‘disappointed’ in Biden’s pardon of sonNvidia has dominated the AI narrative in the stock market, captivating investors and the media after soaring 2,190% over the past five years and becoming the most valuable company in the world for a brief period (it's currently No. 2). However, Nvidia is far from the only opportunity in the AI or semiconductor space. In fact, one chipmaker just reported 400%-plus year-over-year data center revenue growth and overall revenue growth of 84% to $8.7 billion in its latest earnings report (for the quarter ending Nov. 28). I'm talking about Micron Technology ( MU 3.48% ) , the memory-chip specialist that is surprisingly down 44% from its recent peak, despite that blowout growth. That discount and its potential in AI make the stock an appealing buy right now. Let's review the company's recent results first and then get into the buy case. What is Micron? Micron is a leader in memory chips, including DRAM, NAND, and high bandwidth memory (HBM). The company is also an integrated device manufacturer, meaning it both designs and manufactures its own chips like Intel and Samsung do. Memory chips are a highly cyclical business, prone to price fluctuations and industry gluts, and owning its own foundries makes Micron more exposed to the boom and bust cycle in semiconductors. Running foundries requires a high level of capital, but the integrated business model allows the company to better capture margins when the business is performing well. The chart below, which shows Micron's price compared to its previous high, gives a sense of how volatile the stock has been. As you can see, over the last decade, the stock has fallen by 40% or more on four occasions before hitting a new all-time high. Data by YCharts. Cyclicality and volatility are part of the risk in investing in Micron, but there's no question the semiconductor sector is in a boom right now, driven by the explosive growth of AI, though some subsectors like PCs and smartphones are weaker. In addition to Nvidia's blowout growth, industry bellwether Taiwan Semiconductor Manufacturing recently reported revenue growth of 36% in the third quarter to $23.5 billion, showing strong growth in the sector. Noting strong AI demand, management said that data center revenue topped 50% of total revenue for the first time in the quarter, following a trail first blazed by Nvidia in the chip sector. That now makes the vast majority of Micron's revenue from the data center, where AI computing is taking place. Why Micron stock tumbled on the report After reporting fiscal first-quarter earnings on Wednesday, Micron stock plunged as much as 19% on Thursday on its weak second-quarter guidance. However, the company has a history of being conservative with its guidance, and the weakness was due to consumer markets like smartphones, whereas the AI business remains strong. HBM, the part of the business closely tied to AI, is seeing impressive growth. The company said it's on track to achieve its HBM target for the fiscal year and reach a "substantial record" in HBM revenue, including "significantly improved profitability, and free cash flow" in the fiscal year. Micron expects a sequential decline in revenue and adjusted earnings per share (EPS) in the second quarter, falling from $8.7 billion to $7.9 billion and for adjusted EPS to slip from $1.79 to $1.43. However, management's explanation for the weak outlook should reassure investors. CEO Sanjay Mehrotra said the company had warned previously that seasonality and customer inventory reductions in consumer-facing segments like smartphones would affect Q2 results. He added, "We are now seeing a more pronounced impact of customer inventory reductions," and continued, "We expect this adjustment period to be relatively brief and anticipate customer inventories reaching healthier levels by spring, enabling stronger bit shipments in the second half of fiscal and calendar 2025." In other words, the issues causing the weak second-quarter guidance look like just a speed bump for the company rather than a sustained headwind, and management expects to return to sequential growth in the second half of the year. For a stock to fall 17% on a one-time guidance cut feels like a misread by the market and a buying opportunity for investors. Why Micron is a no-brainer buy A sell-off driven by short-term news often presents a good buying opportunity, but there's more to Micron's buy case than that. Micron is clearly capitalizing on the AI boom with the surge in data center revenue, and with its largest customer, which is believed to be Nvidia, now making up 13% of its revenue. A close relationship with Nvidia is clearly a tailwind at this stage of the AI boom as Nvidia just reported 94% growth in year-over-year revenue in its Q3 report. Micron's results are notoriously lumpy and cyclical, but it has the ability to generate huge profits under the right circumstances -- and those seem to be shaping up as the AI boom plays out. For example, Micron expects the addressable market for HBM to jump from $16 billion in 2024 to $64 billion in 2028 and to $100 billion in 2030. Even if it just maintains its market share in that segment, its HBM revenue will be up 4x in four years and 6x and six years. Finally, Micron stock is also much cheaper than its AI and chip stock peers, trading at a forward P/E of just 10 based on this year's estimates. While those estimates are likely to come down after its guidance, Micron still looks like a bargain at any price near that. Micron investors should monitor the chip and AI cycle closely, but there's a lot of upside potential in the stock. Getting back to its peak this summer would mean a 75% jump for the stock, and shares could continue to rally further over the next year or two, especially if it continues to see strong growth in the data center. Micron is the rare AI stock that offers rapid growth and a good value right now.

For orchardist and Freshco director Greig Taylor there is nothing better than looking out over his orchard knowing he is growing apples efficiently and cost-effectively. He has called on technology and evolution to enhance effective water usage in his orchards and wants more people to understand how they do it. Taylor opened up one of his orchards to Hawke’s Bay Today earlier this year to help reassure the public that water was being put to good use and not wasted. “As water users, we feel there is a lack of understanding and a bit of education we can do.” At River Cottage Orchard on Davis Rd in Longlands, Hastings, Taylor is now seeing the impacts of his improved tree structures.

The Dow Jones Industrial Average ( ^DJI 1.18% ) might be the best-known of the major stock market indexes, but experienced investors know that the S&P 500 ( ^GSPC 1.09% ) is the index that best reflects the overall market. As the name implies, the index holds 500 of the top U.S. large-cap stocks. In order to join it, a company must be based in the U.S., be profitable on a generally accepted accounting principles ( GAAP ) basis over its last four quarters, and have a "large-cap" market cap, generally meaning above $10 billion. S&P Global , which runs the index, also considers liquidity, share float, and the stock's contribution to sector balance in the index. The S&P 500's managers review the index every quarter and generally swap one or two stocks in and out based on these criteria, so we're likely to see some more changes and new entrants next year. Two stocks in particular looking ripe to join the vaunted index are AppLovin ( APP 6.98% ) and The Trade Desk ( TTD -0.97% ) . The market's AppLovin it AppLovin has somewhat quietly been one of the best-performing large-cap stocks of 2024, going parabolic following its third-quarter earnings report. Through Dec. 19, the stock is up 700% year to date as the mobile adtech company has posted skyrocketing growth this year. Revenue jumped 39% in the third quarter to $1.2 billion, and its margins have dramatically expanded thanks to its investments in AI, including its Axon engine, an AI-driven platform that optimizes ad placement, enhancing ROI for its customers. Net income in the quarter jumped 300% to $434 million, while adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) rose 72% to $72 million. Its software platform, built on Axon and its AppDiscovery marketing software, has become its primary growth driver, contributing more than two-thirds of its revenue in the quarter. AppLovin's other segment is Apps, which consists of more than 200 free-to-play mobile games, though growth in that segment was essentially flat in the third quarter. The emergence of AI and adtech is clearly what's driving the business. After its surge last year, AppLovin now has a market cap of $107 billion, which would rank it in the top 100 of S&P 500 companies by market cap. Even if the valuation falls, it seems hard to exclude it from the index based on recent trends. The Trade Desk has earned it Another adtech stock deserving of a spot in the S&P 500 is The Trade Desk. The Trade Desk has long been considered the leading independent demand-side platform (DSP) in adtech, as its tools help brands and ad agencies effectively manage and optimize their campaigns across an array of platforms, including Connected TV (CTV) and retail media. The Trade Desk has also established itself as a linchpin of the industry through products like Unified ID 2.0 (UID2), which gives brands a way of tracking users without using cookies, making it more amenable to internet privacy standards. Like AppLovin, The Trade Desk has also delivered solid growth of late. Revenue rose 27% in its third-quarter earnings report, while GAAP net income jumped 141% to $94 million. The business has long earned high marks for customer satisfaction, as it's reported customer retention of at least 95% every quarter for the last 10 years. Additionally, The Trade Desk continues to roll out new products like its Kokai AI platform and Ventura, a new streaming TV operating system, bringing it into direct competition with Roku . The Trade Desk has been profitable for several years now, and its market cap of $62.3 billion would put it well within the 200 most valuable companies in the S&P 500. Why joining the S&P 500 matters Gaining admission to the S&P 500 is about more than just recognition. When stocks are added to the broad-market index, the exchange-traded funds (ETFs) that track those indexes must buy them. ETFs like the Vanguard S&P 500 ETF now have total assets of more than $1 trillion, meaning an average of more than $2 billion is being invested in each stock in the index, though the fund leans heavily toward the most valuable stocks in the S&P 500, as the current market cap of the index is around $50 trillion. For that reason, stocks tend to jump when they are added to the S&P 500. S&P Global rebalances the index on a quarterly basis, so the next opportunity for these two stocks to gain admission will be in March. Based on this evidence, you shouldn't be surprised to see AppLovin and The Trade Desk join the S&P 500 at some point next year.Lou Carnesecca, a Hall of Fame coach who took St. John’s University to national basketball prominence and who was known for his quick wit and colorful courtside persona, died Saturday. He was 99. His death was confirmed by Brian Browne, a spokesperson for the university, who provided no other details. When Carnesecca took over as the St. John’s head coach in 1965, the university, while rich in basketball tradition, played as an independent. It had begun a gradual move to the Jamaica section of the New York City borough of Queens from the Bedford-Stuyvesant neighborhood of Brooklyn 10 years earlier, and its Alumni Hall athletic building was only 4 years old. With the founding of the Big East Conference in 1979, St. John’s began competing regularly against leading basketball programs. Carnesecca took St. John’s to 18 NCAA Tournaments and six NITs, including the 1989 championship, and his teams won the Big East Tournament championship in 1983 and 1986. St. John’s won 526 games while losing 200 in Carnesecca’s two stints there, from 1965-70 and then, after his three seasons coaching the New York (now Brooklyn) Nets in the old American Basketball Association, from 1973-92. St. John’s was ranked No. 1 in the two major national polls for five consecutive weeks late in the 1984-85 season. Led by the All-American Chris Mullin (a future St. John’s coach), Mark Jackson, Walter Berry and Bill Wennington — all New Yorkers except for Wennington, who was from Montreal — St. John’s reached the NCAA Tournament’s Final Four that season before falling to Georgetown in the semifinals. Midway through the season, Carnesecca caught a cold, and his wife, Mary, suggested that he wear a sweater for his next game. He went through his closet and picked out a garish dark brown one with large red and blue chevrons across the front, a gift he had received a few years earlier from a visiting Italian coach. He wore the sweater through a prolonged winning streak, though as Carnesecca remarked to reporters at one point, “It’s ugly, isn’t it.” Fans sent him sweaters after that, and Carnesecca began wearing them regularly at courtside while roaming the sidelines, dancing up and down as he exhorted his players to greater feats. Carnesecca, known to just about everyone as Looie, spent hours watching game films at his home, though he wasn’t always the most organized at times, as a former St. John’s trainer, Lou DelCollo, told it. “You’d pick up the reel that was labeled as the first half of the Georgetown game, put it on the projector and find out it was the second half of the Providence game,” DelCollo told the Los Angeles Times in 1985. Although Carnesecca never won an NCAA championship, longtime Duke coach Mike Krzyzewski was highly impressed. “In sports you’re often judged by what you haven’t done,” he told The Atlanta Journal-Constitution in 1991. “But what Louie has done is just incredible.” Carnesecca was elected to the Naismith Memorial Basketball Hall of Fame in Springfield, Massachusetts, in 1992. Luigi Carnesecca was born Jan. 5, 1925, in Manhattan, the only child of Alfredo and Adele Carnesecca, Italian immigrants who owned an East Harlem delicatessen. He attended St. Ann’s Academy in Manhattan (now Archbishop Molloy High School in Queens), sitting on the bench as a basketball scrub, but he did experience a thrilling moment at the old Madison Square Garden on Eighth Avenue. “I was a terrible player,” he once told George Vecsey of The New York Times. “But I always wanted to be a coach. I was coaching little kids in the neighborhood, so they put me on the team at St. Ann’s, but I never played.” He added: “This was in the days when we played high school games in the Garden, and we were up by 40 points against St. Simon Stock, and the coach put me in, Dave Tobey, God rest his soul. “I was smart enough not to take the ball out of bounds, because, hah, I knew I would never get it back, so I got the ball and as soon as I cross the 10-second line, I let it fly. I didn’t even hit the rim or the backboard. The coach just took me right out of the game, and that was it.” After service in the Pacific with the Coast Guard during World War II, Carnesecca enrolled at St. John’s, where he got into three games as a junior varsity basketball player and played the infield for the baseball team. Following his graduation in 1950, he coached basketball and baseball at St. Ann’s. He returned to St. John’s in 1957 as an assistant basketball coach under Joe Lapchick, a former New York Knicks coach, and was succeeded in his high school posts by Jack Curran, who coached at Archbishop Molloy for 55 years. Carnesecca was named head coach at St. John’s when Lapchick retired. He won his 100th game in 1970, then left St. John’s for a lucrative contract as general manager and coach of the Nets. His teams made the ABA playoffs in each of his seasons and reached the league finals in 1972, losing to the Indiana Pacers. He had an overall record of 114-138 with the Nets. Carnesecca grew weary of the pro basketball grind. “It’s pretty hard to give the same halftime talk 118 times a year,” he said while announcing his retirement as St. John’s coach in April 1992. St. John’s renamed Alumni Hall as Lou Carnesecca Arena in November 2004. When Mullin was introduced by Carnesecca at his own Hall of Fame induction in 2011, he said, “I chose the best coach in the best city.” Following his coaching years, Carnesecca became a special assistant to the St. John’s president, working in community relations. St. John’s said in a statement that Carnesecca is survived by his wife of 73 years, Mary (Chiesa) Carnesecca; a daughter, Enes Carnesecca; a granddaughter, Ieva; a niece, Susan Chiesa; and a nephew, John Chiesa. In January 2001, Madison Square Garden raised a red and white banner emblazoned “526,” for Carnesecca’s 526 career victories in 24 seasons at St. John’s. “I’d be less than honest if I said I wasn’t thrilled,” he told the Times days before the ceremony, reflecting on how a boy raised by immigrant parents who ran a deli had succeeded in big-time sports. “I could have been slicing salami.” ——— This article originally appeared in The New York Times . © 2024 The New York Times Company

Blues supporters also sang the name of head coach Maresca during the closing stages of an emphatic success sealed by goals from Axel Disasi, Christopher Nkunku, Noni Madueke, Cole Palmer and substitute Jadon Sancho. Bottom club Southampton briefly levelled through Joe Aribo but were a man down from the 39th minute after captain Jack Stephens was sent off for pulling the hair of Marc Cucurella. Chelsea, who have endured an underwhelming period since Todd Boehly’s consortium bought the club in 2022, climbed above Arsenal and into second place on goal difference, seven points behind leaders Liverpool. “It was a very good feeling, especially because you can see that they are happy, that is our target,” Maresca said of the atmosphere in the away end. “We work every day to keep them happy and tonight was a very good feeling, especially the one that they can see that Chelsea’s back. This is an important thing.” Maresca rotated his squad in Hampshire, making seven changes following Sunday’s impressive 3-0 win over Aston Villa. Following a sloppy start, his side, who stretched their unbeaten run to six top-flight games, could easily have won by more as they hit the woodwork three times, in addition to squandering a host of chances. “I’m very happy with the five we scored,” said the Italian. “I’m not happy with the first 15, 20 minutes, where we struggled. The reason why we struggled is because we prepared the game to press them man to man and the first 15, 20 minutes we were not pressing them man to man. “After 15, 20 minutes we adjust that and the game was much better. For sure we could score more but five goals they are enough.” Southampton manager Russell Martin rued a costly “moment of madness” from skipper Stephens. The defender’s ridiculous red card was the headline mistake of a catalogue of errors from the beleaguered south-coast club as they slipped seven points from safety following an 11th defeat of a dismal season. “I don’t think anyone will be as disappointed as Jack,” Martin said of Stephens, who was sent off for the second time this term after tugging the curls of Cucurella as Saints prepared to take a corner. “I haven’t got to sit down and talk with him about that at all. He will be hurt more than anyone and it’s changed the game for us tonight, which is disappointing. “I think they have to describe it as violent conduct; it’s not violent really but there’s no other explanation for that really. It’s a moment of madness that’s really cost us and Jack.” Southampton repeatedly invited pressure with their risky attempts to play out from defence, with goalkeeper Joe Lumley gifting Chelsea their second goal, scored by Nkunku. While Saints were booed off at full-time, Martin, who was missing a host of key players due to injuries and suspensions, praised the effort of his depleted team. “When they see such a big scoreline and a couple of the goals we concede, I understand it (the jeers),” he said. “It’s football, it’s emotive, people feel so much about it, it’s why it’s such a special sport in this country and so big. “I understand it but I feel really proud of the players tonight, some of the football we played at 11 v 11 was amazing. “For an hour with 10 men we’ve dug in so deep, there were some big performances. I’m proud of them for that and I’m grateful for that because that’s not easy in that circumstance.”In a nutshell: Nearly a year after its initial announcement, OpenWrt enthusiasts can now purchase the first "official" router powered by the namesake open-source firmware. The OpenWrt One model includes everything necessary for a robust networking experience – though it comes at a price. Non-profit Software Freedom Conservancy (SFC) partnered with OpenWrt to develop OpenWrt One, the first reference router based on the OpenWrt project. Announced in January, OpenWrt One is a wireless router focused on software freedom and the right to repair. The router features a MediaTek MT7981B SoC CPU and an MT7976C chip for Wi-Fi 6 connectivity. Its base hardware specifications include 1 GB of DDR4 RAM, 128 MB SPI NAND and 4 MB SPI NOR flash storage, two Ethernet ports (2.5 Gbit and 1 Gbit), a USB host port, and an M.2 2042 slot for NVMe storage devices. A USB-C port is also available as an alternative power source. The hardware is built on Banana Pi's open-source boards and is available in two options: a pre-assembled unit priced at $89 or as a router board for $68.42. According to SFC, the OpenWrt One is versatile, hacker-friendly, and essentially unbrickable, thanks to a dedicated switch that allows separate flashing of the NOR and NAND portions of the flash memory. OpenWrt One comes with the "stock" OpenWrt firmware, a Linux-based embedded operating system that can be configured either through a command-line interface or the LuCI GUI. SFC assures that users and developers can modify almost every aspect of the device, and the base unit has passed all FCC compliance tests. Source code and schematics are available under a GPL open-source license. SFC stated that OpenWrt One customers can achieve copyleft compliance, software right to repair, and FCC compliance within a single product for the first time. While some industry professionals claim that FCC requirements can conflict with the right to repair, SFC argues that these concerns are merely unfounded fear, uncertainty, and doubt. OpenWrt One could make an interesting gift for technology enthusiasts and programmers interested in pioneering advancements in the open-source router scene. Additionally, the OpenWrt project and SFC receive a $10 donation with every purchase, which will help fund future OpenWrt development efforts and support the software freedom movement as a whole.Marquette vs. Iowa State LIVE STREAM (12/5/24): How to watch, time, TV channel for men’s college basketball

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Luanda (Angola), Dec 3 (AP) President Joe Biden arrived for his long-awaited first presidential visit to sub-Saharan Africa on Monday to the cheers of thousands in Angola, where he will highlight an ambitious US-backed railway project meant to counter China's influence on the continent of over 1.4 billion people. Biden's three-day visit to Angola will focus largely on the Lobito Corridor railway redevelopment in Zambia, Congo and Angola. It aims to advance the US presence in a region rich in the critical minerals used in batteries for electric vehicles, electronic devices and clean energy technologies. Also Read | Attack on Bangladesh Mission in Agartala: Interim Government Demands Thorough Investigation Into Attack on Diplomatic Mission Amid Arrest of Chinmoy Krishna Das. Biden's trip comes weeks before Republican Donald Trump takes office on Jan. 20, finally delivering on Biden's pledge to visit sub-Saharan Africa. On his way to Angola, he stopped in the Atlantic Ocean island nation of Cape Verde for a brief, closed-door meeting with Prime Minister Ulisses Correia e Silva. Biden plans to meet with Angolan President João Lourenço in the capital, Luanda, where crowds lined the streets for his arrival, and visit the National Slavery Museum. He also will travel to the Atlantic port city of Lobito for a look at the rail project. He will announce new developments on health, agribusiness and security, White House officials said. Also Read | Philippines 'Food Poisoning': 3 Dead, 32 Hospitalised After Eating Endangered Sea Turtle Stew. Biden had been expected to visit Africa last year after reviving the US-Africa Summit in December 2022. The trip was pushed back to 2024 and delayed again this October because of Hurricane Milton, reinforcing a sentiment among some Africans that their continent is still low priority for Washington. The last US president to visit sub-Saharan Africa was Barack Obama in 2015. Biden did attend a United Nations climate summit in Egypt in North Africa in 2022. “I just kind of push back on the premise that this is some Johnny-come-lately trip at the very end,” national security spokesman John Kirby told reporters on board Air Force One on the way to Angola, noting that top administration officials had visited Africa, including Vice President Kamala Harris. “This is something he (Biden) has been focused on since he became president of the United States.” A new strategy Critical minerals are a key field for US-China competition, and China has a stranglehold on Africa's critical minerals. The US has for years built relations in Africa through trade, security and humanitarian aid. The 800-mile (1,300-kilometer) railway upgrade is a different move and has shades of China's Belt and Road foreign infrastructure strategy. The Biden administration has called the corridor one of the president's signature initiatives, yet Lobito's future and any change in US engagement with the continent depends on the incoming administration of President-elect Trump. “President Biden is no longer the story,” said Mvemba Dizolele, director of the Africa Program at the Center for Strategic and International Studies, a Washington-based think tank. “Even African leaders are focused on Donald Trump.” A fit for Trump's vision? The US has committed USD 3 billion to the Lobito Corridor and related projects, administration officials said, alongside financing from the European Union, the Group of Seven leading industrialized nations, a Western-led private consortium and African banks. “A lot is riding on this in terms of its success and its replicability,” said Tom Sheehy, a fellow at the United States Institute of Peace, a nonpartisan federal research institution. He called it a flagship for the G7's new Partnership for Global Infrastructure and Investment, which was driven by Biden and aims to reach other developing nations as a response to China's Belt and Road. Many are optimistic that the Lobito project, which won't be complete until well after Biden has left office, will survive a change of administration. Blunting China has bipartisan backing and is high on Trump's to-do list. “As long as they keep labeling Lobito one of the main anti-China tools in Africa, there is a certain likelihood that it's going to keep being funded,” said Christian-Géraud Neema, who analyzes China-Africa relations for the Carnegie Endowment for International Peace. Kirby said the Biden administration hopes Trump and his team see the value in Lobito but “we are still in office. We still have 50 days. This is a key major development not just for the United States and our foreign policy goals in Africa, but for Africans.” Only a starting point The Lobito Corridor will be an upgrade and extension of a railway line from the copper and cobalt mines of northern Zambia and southern Congo to Angola's port of Lobito, strengthening a route west for Africa's critical minerals. It also ultimately aims to extend from Zambia and Congo to Africa's east coast through Tanzania and be a coast-to-coast rail link. While Biden's administration called it a “game-changer” for US investment in Africa, it's little more than a starting point for the US and its partners, with China dominant in mining in Zambia and Congo. Congo has more than 70% of the world's cobalt, with most heading to China to reinforce its critical mineral supply chain that the US and Europe rely on. Michelle Gavin, a former adviser on Africa to Obama, said the US had failed to take Africa seriously over multiple administrations, a bipartisan trend. The Lobito Corridor was “not just about trying to blunt China, but trying to imagine, OK, what does it look like if we actually were to show up in a more serious way?” she said. “It's one project. It's one good idea. And I'm very glad we're doing it. It's not enough.” (AP) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Trump nominates cryptocurrency advocate Paul Atkins as SEC chair

DENVER — It’s been a long, hard road back to the field for Browns receiver Michael Woods II, but he might actually get in the game Monday night vs. the Broncos. Wood was elevated from practice squad on Monday in large part because receiver Cedric Tillman has been ruled out with his concussion suffered during the Steelers game when he took a hard blow to the head from linebacker Patrick Queen. Woods, the Browns’ 6th round pick in 2022 out of Oklahoma, hasn’t played since he caught five passes for 45 yards as a rookie in and played on special teams. That offseason, Woods suffered a ruptured Achilles tendon in an independent workout in Houston with Deshaun Watson, and sat out the 2023 season. He was also suspended the final six games of that year for violating the league’s personal conduct policy. Woods had a nice training camp, but was waived Aug. 27th and signed back to the practice squad. He’ll join 2024 fifth-round pick Jamari Thrash and former Chief Kadarius Toney, who was also elevated from the practice as possible extra targets for Jameis Winston. Jerry Jeudy and Elijah Moore will start the game and get the bulk of the targets, along with tight end David Njoku. The Browns also expect to start veteran safety Rodney McLeod in place of Juan Thornhill, who’s ruled out with his calf injury after suffering it Monday in practice. McLeod, playing in the final six games of his career before he retires, will start opposite Grant Delpit. Germain Ifedi will also make his second straight start at left tackle in place of Dawand Jones (broken fibula). Jedrick Wills Jr. (knee) was ruled out on Saturday. The Broncos lead the NFL with 44 sacks, and will pressure Winston more than other teams have. Earlier in the day, the Browns signed defensive tackle Jowon Briggs off the practice squad, and waived Bailey Zappe. Defensive end Cameron Thomas, claimed via waivers last week, is active for the game. More Cleveland Browns coverage Former Browns head coach named interim HC at North Carolina Browns vs. Broncos predictions, picks and best bets: Browns look to play spoiler again Where to watch Cleveland Browns vs Broncos on Monday Night Football tonight Week 14 NFL Preview: Find everything you need to know with our Week 14 NFL preview. BROWNS INACTIVES #1 S Juan Thornhill #19 WR Cedric Tillman #27 RB D’Onta Foreman #35 CB Chigozie Anusiem #71 T Jedrick Wills Jr. #92 DT Sam Kamara #96 DE James Houston EXPECTED LINEUP CHANGES #65 Germain Ifedi starts at LT #12 Rodney McLeod Jr. starts at S FLIPCARD CHANGES Signed #97 DT Jowon Briggs to active roster from practice squad Claimed #96 DE James Houstin via waivers Claimed #99 DE Cameron Thomas via waivers Waived #2 QB Bailey Zappe Waived #92 DE Elerson Smith Elevated #87 WR Kadarius Toney from practice squad Elevated #81 WR Michael Woods II from practice squad Football Insider newsletter free trial: Take a minute and sign up for a free trial of our Football Insider newsletter, featuring exclusive content from cleveland.com's Browns reporters.Ruben Amorim gives blunt 10-word response over Marcus Rashford's Manchester United exile following Wolves defeat Marcus Rashford was left out of the Manchester United squad once again He has not featured since the defeat of Viktoria Plzen in the Europa League LISTEN NOW: It's All Kicking Off! Are Tottenham managers treated differently to other managers? By DOMINIC HOGAN Published: 23:32 GMT, 26 December 2024 | Updated: 23:32 GMT, 26 December 2024 e-mail 20 shares View comments Manchester United head coach Ruben Amorim refused to be drawn on questions over the continued absence of Marcus Rashford from his side, with the Red Devils losing a third game in a week on Boxing Day. Rashford has not featured for his side since the Europa League win ovre Viktoria Plzen in Czechia, having admitted in a bombshell interview that he is 'ready for a new challenge'. The forward has since not featured for United, sitting out each of the last four games, three of which have ended in defeats for the Old Trafford club. With results not going the way Amorim might want, naturally the intensity ratchets up, specifically with regard to topics like players not featuring, and what conclusions might be drawn from such absences. As such, Amorim kept his cards close to his chest when the questions naturally turned to the absent star, who has hardly been tearing up any trees with his form this term, scoring just four in 15 Premier League games. 'It's always the same reason it's going to be,' he told Prime Video when asked about Rashford. Ruben Amorim refused to be drawn on questions over Marcus Rashford's continued absence Rashford has missed the last four games since United's clash against Viktoria Plzen earlier this month 'We have to be the same professionals, the same guys, winning or losing. Losing, I have to be stronger. I will continue with my idea until the end.' 'If he's not here, you can make your mind up,' the Man United head coach added. Rashford's continued exclusion from the side has been a topic of conversation more or less since his interview was made public earlier this month. While Amorim will know that the best way to make questions go away is to turn results around - if indeed he is bothered at all by the enquiries - it is also perhaps important so early in his rein that a line be drawn. As former Man United defender Wes Brown suggested on Prime Video's coverage, though, Rashford's form makes it difficult to force his way into the side with the likes of Amad Diallo thriving under the new regime. 'It's disappointing again that he's not in the squad,' Brown said on Prime Video. 'It seems the manager has set his terms: "If you want to be in the squad, these are the terms you go by – whether it's training, off the field, whatever". 'And ultimately, that has not been sorted out yet. It'll be a very sad day if we do see Marcus go. Amorim dropped Rashford for the Manchester derby - which his side went on to win 2-1 Rashford had a brilliant 2022-23 season, but Foster claimed the forward has 'lost that fire' 'But ultimately, you have to be on the same wavelength as the manager. I honestly think it's getting close [to Amorim's strongest line-up]. I think this is as close as you're going to get right now.' After 30 goals in the 2022-23 season, Rashford struggled to live up to the levels he had set in 2023-24, with his inconsistent form continuing into 2024-25. Mail Sport had reported earlier this month that the club may listen to offers as low as £40million for the English forward. However, Ben Foster, who played for United, West Brom , Watford and Birmingham in the Premier League , ripped into Rashford and suggested that that fee might still be a touch too high. 'Marcus Rashford...' he said on his Cycling GK podcast . 'There's so many people that talk about him that say "on his day, on his day". 'His day is once every 10 games. Genuinely, it's once every 10 games and you can't have a luxury player in the modern game that will give you one game out of 10, it's as simple as that. 'Coupled with fact that he gets so much reputation and baggage and everything that comes with it, I don't think Mikel Arteta wants that anywhere near that Arsenal. 'He has to get away from Manchester United. I think it'll be an MLS (move) or something. It's going to have to be a massive wage cut.' Rashford said last week he is 'ready for a new challenge' in an interview after he was dropped 'Once that fire goes, can you get that back?,' he added. 'It has to come from him. I don't think he can get it back. 'Again, you're talking about money which does really ruin everything lads. 'Once people have that massive contract and they've got that five years in the bank and they've got everything they'll ever need for the rest of their life, that takes it (that fire) away. 'They were talking £40m you know as well. Even 10, I ain't paying £10m... because of everything.' Premier League Manchester United Ruben Amorim Share or comment on this article: Ruben Amorim gives blunt 10-word response over Marcus Rashford's Manchester United exile following Wolves defeat e-mail 20 shares Add comment

French lawmakers vote to oust prime minister in the first successful no-confidence vote since 1962Factbox-US targets China’s chip industry with new restrictionsAnge Postecoglou aims subtle dig at Arsenal and other Premier League rivals

AP Business SummaryBrief at 4:44 p.m. EST"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?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.

US stocks experience mixed fortunes on quiet day of trading