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US stocks mostly rose Friday after a report showed a healthy jobs market, and Paris rallied as President Emmanuel Macron vowed to serve out his full term and end France's political crisis. Oil fell on concerns of oversupply and Bitcoin held at a level over $100,000 after hitting records Thursday. The world's biggest economy gained 227,000 jobs in November, more than analysts expected and up from a revised 36,000 in October, said the US Department of Labor. "The US jobs market has emphatically rebounded following October's disappointing data," said Neal Keane, head of global sales trading at ADSS. October's figures had been depressed by hurricanes and workers' strikes, while November's increases may have been exaggerated by the end of a strike at Boeing in particular -- and by retail hiring ahead of the holiday season. US stocks mostly closed higher, with the broad-based S&P 500 and tech-focused Nasdaq both hitting fresh records, although the Dow retreated slightly. Investors are mostly betting that November's jobs numbers, while comforting, are probably not strong enough to deter the Federal Reserve from cutting interest rates again this month. "Investors needed a reassuring jobs report and that's exactly what they got," said eToro analyst Bret Kenwell. "The market still favors a rate cut from the Fed later this month and this report may not change that expectation." The Paris stock market closed up 1.3 percent on "hope that President Emmanuel Macron will serve out his term and that a (French) budget can be passed in the coming weeks," noted Derren Nathan, head of equity research at Hargreaves Lansdown. Macron on Friday was holding talks with French political leaders on the left and right as he seeks to quickly name a new prime minister after Michel Barnier's government was ousted in a historic no-confidence vote. Macron adopted a defiant tone in an address to the nation Thursday evening, just 24 hours after parliament voted out Barnier over his 2025 budget plan, which included unpopular austerity measures forced through without a vote using special powers. The luxury sector benefitted also from hopes of a pickup in Chinese demand. Gucci owner Kering topped the Paris CAC 40 as its shares gained more than six percent, while LVMH rose more than three percent. French video game company Ubisoft jumped 13 percent on takeover speculation. Frankfurt closed slightly higher, other continental markets were mixed, and London slid. In Asia, shares in Seoul sank more than one percent and the won weakened to about 1,420 per dollar as lawmakers prepared to hold an impeachment vote Saturday after President Yoon Suk Yeol's dramatic, short-lived imposition of martial law this week. While analysts said the economic fallout from the crisis would likely be limited, a political storm is ongoing. Hong Kong and Shanghai rallied as investors grew hopeful of fresh stimulus when top Chinese leaders including President Xi Jinping meet to discuss economic policy next week. Bitcoin hovered above $100,000 after having blasted to the historic peak of $103,800 Thursday on news that US President-elect Donald Trump had picked crypto proponent Paul Atkins to head the nation's markets regulator. New York - Dow: DOWN 0.3 percent at 44,642.52 points (close) New York - S&P 500: UP 0.3 percent at 6,090.27 (close) New York - Nasdaq Composite: UP 0.8 percent at 19,859.77 (close) Paris - CAC 40: UP 1.3 percent at 7,426.88 (close) Frankfurt - DAX: UP 0.1 percent at 20,384.61 (close) London - FTSE 100: DOWN 0.5 percent at 8,308.61 (close) Tokyo - Nikkei 225: DOWN 0.8 percent at 39,091.17 (close) Hong Kong - Hang Seng Index: UP 1.6 percent at 19,865.85 (close) Shanghai - Composite: UP 1.1 percent at 3,404.08 (close) Euro/dollar: DOWN at $1.0566 from $1.0591 on Thursday Pound/dollar: DOWN at $1.2740 from $1.2760 Dollar/yen: DOWN at 149.97 yen from 150.09 yen Euro/pound: DOWN at 82.93 from 82.97 pence West Texas Intermediate: DOWN 1.6 percent at $67.20 per barrel Brent North Sea Crude: DOWN 1.4 percent at $71.12 per barrel gv/rl/bys/ahaB.C. Premier David Eby said B.C. will slay its record-setting deficit of $9 billion through growth and sound fiscal planning, not "harsh austerity cuts" or "under-funding services" as he reached out to business leaders to make a case for investment in physical and social infrastructure. Eby made these comments while speaking in Vancouver Tuesday, (Dec. 10), at an event hosted by the B.C. Chamber of Commerce, which has previously raised concerns about B.C.'s fiscal direction. That tension surfaced during the opening of the informal question-and-answer session between Eby and Fiona Famulak, chamber president and chief executive officer. "We don't always agree, but we can always have — and we always do have — candid and frank conversations, and I know you are always up for tough questions, because you always answer them," Famulak said. "What you have just said minutes ago, a lot of good things have been said." Eby acknowledged relations could be better. "So my commitment is that you will find a government that is hoping, with your support, to hit reset on this relationship, to move forward with the tariff threat that we are facing in a unified way, with the massive opportunity in this province to deliver it for British Columbians and that four years from now...we can look back and go, 'man, we did a lot of good work together.'" Eby's prepared remarks touched on a range of subjects, including tomorrow's meeting with Prime Minister Justin Trudeau as well as provincial and territorial leaders to discuss threatened tariffs of 25 per cent on all Canadian goods by incoming-president U.S. Donald Trump. But if a singular theme ran through Eby's speech, it was his promise to reform permitting for natural resource projects. He pointed to yesterday's announcement that his government would free nine new wind energy projects from the required environmental assessments. He then added that those projects would go through a singular rather multiple permitting windows. Eby said these changes will help get these projects off the ground three to five years faster than otherwise in framing them as the first of many changes to speed up permitting in various areas. One of the central sectors concerned about permitting is the mining sector. More to come...Lindsey Vonn takes another step in comeback at age 40, competes in a pair of downhills
Dame Prue Leith claimed TV executives have been “very weak” amid the Gregg Wallace furore, adding that they should be “tough with their presenters”. On Friday, BBC bosses said they would be supporting MasterChef production company Banijay UK as it investigates allegations of misconduct against Wallace, after he stepped away from hosting the BBC One cooking show. In a message sent to staff, director-general Tim Davie , and Charlotte Moore, the BBC’s chief content officer, said the corporation will not “tolerate behaviour that falls below the standards we expect”. The Great British Bake Off star Dame Prue told Cathy Newman on Times Radio that she believed TV executives are “very weak” when managing talent. “For goodness sake, they can replace Gregg Wallace. They can replace anybody. So they should be tough with their presenters,” the 84-year-old said. “They should be very clear about whatever the rules are. I do think they’ve been weak. “But I don’t want to say that he should be sacked because I don’t know what the crime is.” Dame Prue said she understands the decision for Wallace to “step aside while they investigate things” but does not agree that people “should be cancelled or sacked”. At the start of the week, Wallace apologised for claiming complaints about his behaviour came from “a handful of middle-class women of a certain age”, adding he will “take some time out”. His lawyers have previously strongly denied “he engages in behaviour of a sexually harassing nature”, according to BBC News. “He should just stay off social media because he’s just digging himself deeper and deeper into a hole because he’s too insensitive to understand how offensive it is,” Dame Prue said. “But that’s his problem, that he’s insensitive. “He hasn’t, that I can see, disobeyed the law. I don’t believe people should be cancelled or sacked. “I can see why you would ask somebody to step aside while they investigate things, which I suppose is what they’re doing. “But I think the tragedy in this is that I bet you Gregg has no idea what he’s done wrong.” Dame Prue also voiced concerns that the industry could be inundated with “boring” presenters if it becomes “too regulated and too organised” because “nobody will ever dare say anything”. “And that’s silly too,” she said. “But I think broadcasters need to know. It is very tricky because I do a little programme on ITV on Saturday morning and it’s a cooking programme and every now and again, the production company will say, don’t say that because it’ll be offensive and I think that it’s not offensive. “And then I suppose that’s a Gregg Wallace thing. Maybe I don’t realise. I mean, for example, language changes all the time.” Earlier this week, Banijay UK said in a statement: “It is important to note that MasterChef welfare processes are regularly adapted and strengthened and there are clear protocols to support both crew and contributors. “These include multiple ways of reporting issues, including anonymously. HR contact details are promoted and contributors are assigned a point of contact on set available to discuss any issues or concerns.” This week, the BBC announced it was pulling a Celebrity MasterChef Christmas Cook Off special and a MasterChef Strictly Christmas special from its December TV schedules amid the controversy.S&P/TSX composite down more than 100 points Tuesday, U.S. stock markets also lower
The new LNP government claims Cross River Rail will cost more than $17 billion and not be ready until 2029. Labor had promised Cross River Rail would be delivered with a budget of $5.4 billion, with most construction finished by 2025 and passenger services starting in 2026. But the LNP says when finished, the tunnel must be independently certified by the National Safety Regulator, which would take at least two years, and also pointed the finger at lost workdays due to industrial action. The government says $5 billion was “hidden” and included integration works to connect the tunnel with the existing rail network, stabling to park the trains, a new signalling system, buses to carry passengers while stations and tracks were being built, and additional maintenance equipment. But opposition transport spokesman Bart Mellish accused Transport Minister Brent Mickelberg of “cooking the books”. “No government, business or person has included the cost of maintenance for the life of an asset when calculating the cost to build the project,” he said. “It’s also concerning that the new government isn’t committed to a 2026 opening of the project. “Also, adding the cost of buses to be used across the whole of south-east Queensland to the project is also laughable.” In a first for the state, Logan City Council has rolled out AI-powered surveillance systems at a town pool to safeguard against drowning. The technology at Gould Adams Park Aquatic Centre uses cameras focused on the pool to identify signs of struggle in the water, then sends real-time alerts on smart watches worn by lifeguards. Mayor Jon Raven said the alert system would give “greater peace of mind” to swimmers. “For those in our community who can’t swim or are not confident in the water – this could help save someone’s life,” he said. “While there’s no replacement for adequate supervision from parents, caregivers and lifeguards, this technology will be an extra layer of safety around pools.” The council said the cameras only detected generic behaviours, and could not capture facial or body imagery. It expected to continue rolling out the technology to other pools it managed across the next few years. Debate has kicked off in Queensland parliament over the government’s youth justice bill, with Labor trying – and failing – to have key parts delayed until early next year. Shadow attorney-general Meaghan Scanlon moved opposition amendments after the dinner break last night to address many stakeholders’ concerns about consultation lasting just days, and adverse outcomes. The amendments, voted down by the LNP and Katter’s Australian Party, would have returned more than a dozen clauses for “full and proper examination” by a committee. “While we acknowledge the outcome of the election and the policy that was taken to it by the LNP, that policy was in slogan and infancy form at best,” Scanlon said. Attorney-General Deb Frecklington accused Labor of simply trying to delay the laws and “laughing about victims ... about the people of Queensland who want to be safe in their homes over Christmas”. “All they want to do with this amendment is say to the people of Queensland, ‘Be afraid over Christmas. Be afraid on Boxing Day.’” Debate resumes today, with the bill set to pass by 5.30pm on Thursday with what Frecklington described as “technical amendments”, yet to be detailed, she would introduce to “strengthen and clarify the bill”. Prime Minister Anthony Albanese has delivered an extended defence of his response to antisemitism, in the wake of the terror attack on the Adass Israel synagogue in Melbourne on Friday, and the vandalism in Sydney this morning. Facing criticism from the Coalition, including Liberal senator Jane Hume’s accusation that he had “emboldened and enabled” antisemtic crimes”, the prime minister detailed his initial response to the Adass synagogue firebombing. [On Friday], I’d been briefed by the AFP. I’d rung in to ... ABC Melbourne and responded publicly. We put out a statement. I’d spoken to Josh Burns, I’d spoken to Mr Spiegelman. I’d spoken to other Jewish community leaders as well. I visited a synagogue in Perth. On Saturday evening, we received a request for additional security funding, because the $20 million we had provided was almost expended. On Sunday morning, less than 24 hours later, I responded with support for $32.5 million of additional funding.” He continued that on Monday the National Security Committee met, and the authorities formally declared the firebombing an act of terrorism. The AFP operation Avalite was then formed and announced at a press conference. Albanese also pointed to other responses including the “landmark” ban on the Nazi salute and hate symbols, and the appointment of Jillian Segal as the special envoy to combat antisemitism. “We criminalised doxxing, something that was called for, but which unfortunately, the opposition voted against,” Albanese said. “We now have legislation before the parliament to criminalise hate speech, including the urging or threatening, of course, or violence against other individuals or groups because of who they are and what their beliefs are.” Bringing the man believed to have seriously scalded a Brisbane baby with hot coffee to justice will likely be a “slow burn” after he escaped to an unknown country. The suspect reportedly came up behind a young mother at Hanlon Park in Stones Corner about midday on August 27, and tipped the contents of a Thermos on her nine-month-old boy before running away. Four days later – and just hours before investigators say they confirmed his identity – the man flew out of Sydney Airport to an unknown country. “That remains an active investigation, so you know that may well be a slow burn,” Queensland Police Commissioner Steve Gollschewski told Brisbane Times yesterday. When asked for a rough time frame, he said it would be inappropriate to comment. “I can’t speculate on that. It’ll depend on the offender and our ability to identify, locate and bring him back to justice.” Labor Minister Clare O’Neil says reports that claimed the prime minister was heckled on his visit to the Adass synagogue in Melbourne on Tuesday were overblown. In an interview on Seven’s Sunrise , it was put to O’Neil that people yelled phrases at Anthony Albanese including “You’re late” and “Nice day for tennis,” referring to the tennis match Albanese played in Perth the day after the firebombing of the synagogue. Prime Minister Anthony Albanese visited the Adass Israel synagogue on Tuesday. Credit: Justin McManus “I’d just say I saw some of the reporting of that, I think, you know, some of those people weren’t even from that local community,” O’Neil said. “I was actually at the Adass synagogue a little bit later that afternoon speaking to members of the community. People were grateful that the prime minister was there, they were pleased to have him there and of course to see him make that commitment to help rebuild the synagogue there and to invest to try to rescue those sacred Torahs that have been damaged in the fire.” O’Neil said that while she was “sure there angry and upset people”, she did not think that was the “universal experience of having the PM there”. “The PM, in my view, has shown real leadership, he’s come to the synagogue, done the things people want a prime minister to do, he has made that commitment to rebuild the synagogue, has set up this task force to show we’re cracking down on any of this behaviour.” Prime Minister Anthony Albanese has responded to the antisemitic vandalism in Sydney’s east, the second time the suburb of Woollahra has been targeted in a month. Albanese said the incident was an “outrage” and “another antisemitic attack”. He said he would be briefed by the Australian Federal Police’s Operation Avalite, the task force that was assembled this week in response to the Adass Israel Synagogue terror attack in Melbourne on Friday. “I stand with the Jewish community and unequivocally condemn this attack. There is no place for hatred or antisemitism in our community.” Home Affairs Minister Tony Burke also posted a statement to X, calling the attack an “abhorrent attempt to intimidate our Jewish community”. “It will not be successful,” Burke wrote. Don’t forget your umbrella today – the Bureau of Meteorology predicts more rain across Brisbane, this morning and this afternoon, following the downpour late yesterday, although it should be clearing by this evening. The top temperature isn’t expected to hit 30 degrees – warmer days are ahead, however. Here are the stories making the rounds beyond Brisbane this morning: The organisers of alternative music festival Good Things have been accused of ignoring allegations of sexual assault, harassment and anti-social behaviour – including men groping women, filming up girls’ skirts, and abusing those who turned down their advances. A group of Australian women who underwent hysterectomies after reporting severe side-effects from a permanent sterilisation device has lost a class action against pharmaceutical giant Bayer , with a judge noting that chronic pelvic pain was common for many women. Prime Minister Anthony Albanese has called out the influence of News Corp’s alleged bias, warning colleagues during a cabinet meeting that Rupert Murdoch’s media empire was openly working to back Opposition Leader Peter Dutton . ‘An insult to the intelligence of the American people’: The alleged shooter of a CEO in the US has broken his silence after his arrest. Tourists at the famous monkey forest in Bali have been crushed to death by falling branches . New York prosecutors have filed a murder charge against Luigi Mangione, 26. In the hours since his apprehension, his baffling journey from star student to murder suspect has begun to come into focus. Good morning, thanks for joining us for Brisbane Times’ live news blog. It’s Wednesday, December 11, and we’re expecting more rain today and a top temperature of 28 degrees. In this morning’s local headlines: A culture of discrimination in Queensland Police is making it harder to recruit and retain officers, according to a 236-page Queensland Human Rights Commission report which identified ingrained prejudice against female, Indigenous and minority officers. Premier David Crisafulli has moved to make good on his campaign promise there would be no changes to abortion laws under an LNP government: by stopping parliament from discussing the topic . What began as a trickle has become a flood, with Brisbane’s sunny climate, a vibrant hospitality scene and the looming Olympics luring Melbourne restaurateurs north . Dolphins forward Josh Kerr has declared Max Plath will go where Plath’s famous father could not, and help Queensland regain the State of Origin shield as early as the 2025 series.
Daniel Jones isn't technically free to sign with any NFL team he wants just yet, but that should be the case come Monday, Nov. 25. The New York Giants released their long-time quarterback, who started 69 games during his six-year tenure with the franchise, on Friday. The team did so less than two years after inking Jones to a four-year, $160 million contract. Adam Schefter of ESPN reported Saturday that Jones should clear waivers by Monday and will likely get snapped up quickly thereafter. However, Schefter added that there are specific stipulations Jones will seek, even though he is unlikely to find a starting gig from the jump. Jasen Vinlove-Imagn Images Jones, who was officially waived Saturday by the Giants, is expected to have multiple options but likely will prefer to finish this season on a playoff-contending team, where he will be involved in big games, rather than going to a meandering quarterback-needy team not remotely in playoff contention, according to sources. Multiple playoff-contending teams are likely to inquire about Jones and his level of interest, but it will not be long before Jones is finishing out the season somewhere other than New York. Jones makes the most sense as a backup on a team without a great option after QB1, which should bring the Miami Dolphins firmly into the mix. Miami is on a two-game winning streak and has moved back to 4-6, with the 3-8 New England Patriots coming to town on Sunday. The Dolphins currently sit ninth in the AFC playoff picture , but are beginning to look closer to the league's best offense, which they were in 2023 with a healthy Tua Tagovailoa the entire year. © Kirby Lee-Imagn Images Jones won't get on the field if Tagovailoa stays healthy, but that is a precarious bet for Miami to make given its QB's recent history of serious head trauma. The Dolphins clearly had zero viable plans behind Tagovailoa earlier this year, as three different backups floundered in his absence, during which the team was able to win just one game. There is no guarantee that Jones can lead the offense as effectively as a healthy Tagovailoa. But he does have a big arm, he can push the football downfield to the Dolphins' speedy playmakers on the edge and he adds elements of size, sturdiness and scrambling capability that Tagovailoa simply can't match. Jones is likely to be available at a more than reasonable price, perhaps even a pro-rated league minimum deal or a little bit above that, for the remainder of 2024. As such, the Dolphins brass should already be on the line ringing the 27-year-old signal caller ahead of his impending free agency. Related: Tua Tagovailoa Addresses Scary Decision in Dolphins-RamsFormer NFL Star Jason Kelce Involved In Golf Cart Accident
