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LOS ANGELES — Until he sustained a season-ending knee injury last week in the Western Conference final, Galaxy playmaker Riqui Puig was having a tremendous season. So I heard. I watched Puig play only twice this year, once in the Galaxy's season-opening 1-1 draw with Inter Miami and a second time in his team's Fourth of July defeat to LAFC at the Rose Bowl. Outside of short highlight clips on social media, I never saw the former Barcelona prospect, not even when he assisted on the goal that sent the Galaxy to the MLS Cup final. That wasn't a reflection of my interest. Some of my friends will make fun of me for publicly admitting this, but I like Major League Soccer. I covered the league in my first job out of college and have casually kept up with it since. I take my children to a couple of games a year. My 11-year-old son owns Galaxy and LAFC hats but no Dodgers or Lakers merchandise. When flipping through channels in the past, if presented with the choice of, say, college football or MLS, I usually watched MLS. But not this year. While the MLS Cup final between the Galaxy and New York Red Bulls will be shown on Fox and Fox Deportes, the majority of games are now exclusively behind a paywall, courtesy of the league's broadcasting deal with Apple. MLS Season Pass subscriptions were reasonably priced — $79 for the entire season for Apple TV+ subscribers, $99 for non-subscribers — but I was already paying for DirecTV Stream, Netflix, Amazon Prime, PlayStation Plus and who knows what else. MLS became a casualty in my household, as well as in many others, and the possibility of being out of sight and out of mind should be a concern for a league that is looking to expand its audience. Which isn't to say the league made a mistake. This was a gamble MLS had to take. Now in the second year of a 10-year, $2.5 billion deal with Apple, MLS did what Major League Baseball is talking about doing, which is to centralize its broadcasting rights and sell them to a digital platform. Regional sports networks have been decimated by cord cutting, making traditional economic models unsustainable. The move to Apple not only increased the league's broadcast revenues — previous deals with ESPN, Fox and Univision were worth a combined $90 million annually, according to multiple reports — but also introduced a measure of uniformity in the league. The quality of the broadcasts are better than they were under regional sports networks. Viewers know where to watch games and when, as every one of them is on Season Pass and most of them are scheduled to start at 7:30 p.m. local time either on Wednesday or Saturday. "That's been fueling our growth and driving our fan engagement," MLS Commissioner Don Garber said Friday at his annual state of the league address. Apple and MLS declined to reveal the number of League Pass subscribers, but the league provided polling figures that indicated 94% of viewers offered positive or neutral reviews of League Pass. The average viewing time for a game is about 65 minutes for a 90-minute game, according to Garber. In other words, the League Pass is well-liked — by the people who have it. The challenge now is to increase that audience. The launch of League Pass last year coincided with the arrival of Lionel Messi, which presumably resulted in a wave of subscriptions. But the league can't count on the appearance of the next Messi; there is only one of him. MLS pointed to how its fans watch sports on streaming devices or recorded television than any other U.S. sports league, as well as how 71% of its fans are under the age of 45. The league also pointed to how it effectively drew more viewers to the Apple broadcast of Inter Miami's postseason opener with a livestream of a "Messi Cam' on TikTok, indicating further collaborations with wide-reaching entities could be in its future. Garber mentioned how Season Pass is available in other countries. The commissioner also made note of how Apple places games every week in front of its paywall. "What we have, really, is a communication problem," Garber said. "This is new, and we've got to work with Apple, we've got to work with our clubs and we've got to work with our partners to get more exposure to what we think is a great product." The greatest benefit to the league could be Apple's vested interest in improving the on-field product. MLS insiders said Apple has not only encouraged teams to sign more high-profile players but also pushed the league to switch to a fall-to-spring calendar more commonplace in other parts of the world, reasoning that doing so would simplify the process of buying and selling players. The on-field product is what matters. The on-field product is why MLS continues to face competition for viewers from overseas leagues. The on-field product is why the league hasn't succeeded in converting every soccer fan into a MLS fan. And ultimately, if casual viewers such as myself are to pay to watch the Galaxy or LAFC on a screen of some kind, the on-field product will be why. Get local news delivered to your inbox!Who is Georgia's backup QB? Here's who entered the game for an injured Carson BeckJEFF PRESTRIDGE: Vernon is the small building society with a big heart showing the way
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Bulls continued their stampede at the Pakistan Stock Exchange (PSX) on Friday as shares gained more than 1,200 points in an unabated rally. The benchmark KSE-100 index climbed 1,274.55 points, or 1.27 per cent, to stand at 101,357.32 points from the last close of 100,082.77 at 4:38pm. Awais Ashraf, director research at AKD Securities, said the KSE-100 index was “maintaining its upward momentum, driven by expectations of a substantial rate cut in the upcoming Monetary Policy Statement (MPS) scheduled for next month as the KIBOR [Karachi Interbank Offered Rate] and T-bill yields approach 13pc”. The State Bank of Pakistan (SBP)’s Monetary Policy Committee is due to meet on December 16 to determine changes in the key interest rate. Yesterday, the KSE-100 index crossed the 100,000 milestone for the first time, which analysts attributed to the new International Monetary Fund loan coupled with fiscal and monetary discipline improving investors’ sentiments. They also noted a faster-than-expected fall in inflation and interest rates generating cash liquidity to the stock market. Despite the gains, the market’s price-to-earnings ratio still traded at 5x compared to the historical average of 7x, according to Mohammed Sohail, chief executive of Topline Securities. He noted there was a 20pc annual return in the rupee and a 13pc annual return in the greenback which stood as a “testament to resilience and potential” of the PSX. Separately, the yen rallied Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate cut next month, while equity markets were mixed as traders weigh the economic outlook during a second Trump administration. With Wall Street closed for the Thanksgiving break, there were few catalysts to drive business heading into the weekend and at the end of a rollercoaster month dominated by uncertainty in the wake of Donald Trump’s election victory. Traders are tracking developments surrounding the tycoon as he builds a hawkish cabinet and outlines his plans, including a threat to hammer China, Canada and Mexico with hefty tariffs on his first day. Eyes were also on Japan, where figures showed consumer prices in Tokyo — seen as a bellwether for the country — jumped to 2.6 percent in November, well up from October and much more than expected. The news ignited speculation the central bank will hike rates for a third time this year. Expectations for an increase in borrowing costs have picked up pace in recent weeks after Bank of Japan governor Kazuo Ueda said officials would have to tighten policy if the economy continued to perform in line with forecasts. Friday’s price data came as separate figures showed the jobs market remained tight. Bets on a rate increase have risen to more than 60 percent, according to Bloomberg News. The yen rallied Friday, hitting less than 150 per dollar for the first time in a month. The currency was also supported by forecasts that the Federal Reserve will lower US rates at its December meeting — narrowing the yield differential and making the Japanese unit more attractive to investors. The report “will probably strengthen the BoJ’s conviction that inflation momentum is building, with its two percent target looking (increasingly) secure”, said Taro Kimura, an economist with Bloomberg Economics. The BoJ hiked rates in March for the first time in 17 years as it looked to move away from a long-running ultra-loose monetary policy. However, a second, surprise lift at the end of July sparked turmoil on markets and led to a major unwind of the so-called “yen carry trade” in which investors used the cheaper currency to purchase higher-yielding assets. The stronger yen weighed Japanese exporters and pushed Tokyo stocks lower on Friday. Other Asian markets fluctuated, with Sydney, Seoul, Singapore, Manila, Jakarta and Taipei in the red, while Wellington, Mumbai and Bangkok were slightly higher. Hong Kong and Shanghai gained after Chinese authorities held a meeting to discuss plans to boost stunted consumption, a key goal for Beijing as they look to kickstart the world’s number two economy. The euro edged up but remained under pressure owing to uncertainty over budget cuts to reduce France’s huge deficit, and as Prime Minister Michel Barnier’s government struggles amid tough opposition from the right and left. Economic weakness in Germany in particular has also dampened enthusiasm in Europe. Oil prices rose after the OPEC+ alliance postponed a weekend meeting to December 5, with analysts saying there were signs of disagreement among the group over plans to increase output. Bitcoin was sitting at about $96,500, having suffered a big drop at the start of the week following its worst run since Trump’s electoral success. Still, it is widely tipped to top $100,000 on expectations the new president will ease restrictions on the digital currency market.Is the NORAD Santa tracker safe from a government shutdown?
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Bettiol's 22 lead Abilene Christian past Texas Southern 69-65Inflation is predicted to average 2.5% this year and 2.6% next year, according to forecasts from the Office for Budget Responsibility. The British Medical Association said the Government showed a “poor grasp” of unresolved issues from two years of industrial action, and the Royal College of Nursing called the pay recommendation “deeply offensive”. The National Education Union’s chief said teachers were “putting the Government on notice” that the proposed increase “won’t do”. The pay recommendations came after Chancellor Rachel Reeves called for every Government department to cut costs by 5%, as she started work on a sweeping multi-year spending review to be published in 2025. Independent pay review bodies will consider the proposals for pay rises for teachers, NHS workers and senior civil servants. The Department of Health said it viewed 2.8% as a “reasonable amount” to set aside, in its recommendations to the NHS Pay Review Body and the Doctors’ and Dentists’ Remuneration Board remit groups. A 2.8% pay rise for teachers in 2025/26 would “maintain the competitiveness of teachers’ pay despite the challenging financial backdrop the Government is facing”, the Department for Education said. The Cabinet Office also suggested pay increases for senior civil servants should be kept to no more than 2.8%. Paul Johnson, director of the influential economics think tank the Institute for Fiscal Studies (IFS), said it was “not a bad ballpark figure” and feels “just about affordable” given the Government’s public spending plans. The downside, he said, is that public sector workers have lost out since 2010 and unions will be upset that this is not making up the gap, he told Sky News’ Politics Hub with Sophy Ridge. “But given the constraints facing the Chancellor I think it’s pretty hard to argue for more for public sector pay when public sector services ... are under real strain,” he said. Unions expressed their disappointment in the recommendations, with some hinting they could be willing to launch industrial action. The Royal College of Nursing general secretary and chief executive called for “open direct talks now” to avoid “further escalation to disputes and ballots”. Professor Nicola Ranger said: “The Government has today told nursing staff they are worth as little as £2 extra a day, less than the price of a coffee. “Nursing is in crisis – there are fewer joining and too many experienced professionals leaving. This is deeply offensive to nursing staff, detrimental to their patients and contradictory to hopes of rebuilding the NHS. “The public understands the value of nursing and they know that meaningful reform of the NHS requires addressing the crisis in nursing. “We pulled out of the Pay Review Body process, alongside other unions, because it is not the route to address the current crisis. “That has been demonstrated today. “Fair pay must be matched by structural reform. Let’s open direct talks now and avoid further escalation to disputes and ballots – I have said that directly to government today.” Professor Philip Banfield, chairman of the British Medical Association’s council, urged the sector’s pay review body to “show it is now truly independent”. “For this Government to give evidence to the doctors’ and dentists’ pay review body (DDRB) believing a 2.8% pay rise is enough, indicates a poor grasp of the unresolved issues from two years of industrial action,” he said. He said the proposal is far below the current rate of inflation and that the Government was “under no illusion” when doctors accepted pay offers in the summer that there was a “very real risk of further industrial action” if “pay erosion” was not addressed in future pay rounds. “This sub-inflationary suggestion from the current Government serves as a test to the DDRB. “The BMA expects it to take this opportunity to show it is now truly independent, to take an objective view of the evidence it receives from all parties, not just the Government, and to make an offer that reflects the value of doctors’ skills and expertise in a global market, and that moves them visibly further along the path to full pay restoration.” The NEU’s general secretary, Daniel Kebede, said teachers’ pay had been cut by more than one-fifth in real terms since 2010. “Along with sky-high workload, the pay cuts have resulted in a devastating recruitment and retention crisis. Teacher shortages across the school system hit pupils and parents too. “A 2.8% increase is likely to be below inflation and behind wage increases in the wider economy. This will only deepen the crisis in education.” In a hint that there could be a return to industrial action he added: “NEU members fought to win the pay increases of 2023 and 2024. “We are putting the Government on notice. Our members care deeply about education and feel the depth of the crisis. This won’t do.” The offer for teachers is the “exact opposite of fixing the foundations” and will result in bigger class sizes and more cuts to the curriculum, Pepe Di’Iasio, general secretary of the Association of School and College Leaders, said: “The inadequacy of the proposed pay award is compounded by the Government’s intention that schools should foot the bill out of their existing allocations. “Given that per-pupil funding will increase on average by less than 1% next year, and the Government’s proposal is for an unfunded 2.8% pay award, it is obvious that this is in fact an announcement of further school cuts.” Paul Whiteman, general secretary at school leaders’ union NAHT, said: This recommendation falls far short of what is needed to restore the competitiveness of the teaching profession, to enable it to retain experienced professionals and attract new talent. Unison head of health Helga Pile said: “The Government has inherited a financial mess from its predecessors, but this is not what NHS workers wanted to hear. “Staff are crucial in turning around the fortunes of the NHS. Improving performance is a key Government pledge, but the pay rise proposed is barely above the cost of living.”
TikTok is inching closer to a potential ban in the US. So what's next? TikTok's future in the U.S. appeared uncertain on Friday after a federal appeals court rejected a legal challenge to a law that requires the social media platform to cut ties with its China-based parent company or be banned by mid-January. A panel of three judges on The U.S. Court of Appeals for the District of Columbia Circuit ruled unanimously that the law withstood constitutional scrutiny, rebuffing arguments from the two companies that the statute violated their rights and the rights of TikTok users in the U.S. The government has said it wants ByteDance, TikTok's parent company, to divest its stakes. But if it doesn't and the platform goes away, it would have a seismic impact on the lives of content creators who rely on the platform for income as well as users who use it for entertainment and connection. Here are some details on the ruling and what could happen next: In their lawsuit, TikTok and ByteDance, which is also a plaintiff in the case, had challenged the law on various fronts, arguing in part that the statute ran afoul of the First Amendment and was an unconstitutional bill of attainder that unfairly targeted the two companies. But the court sided with attorneys for the Justice Department who said that the government was attempting to address national security concerns and the way in which it chose to do so did not violate the constitution. The Justice Department has argued in court that TikTok poses a national security risk due to its connections to China. Officials say that Chinese authorities can compel ByteDance to hand over information on TikTok's U.S. patrons or use the platform to spread, or suppress, information. However, the U.S. hasn't publicly provided examples of that happening. The appeals court ruling, written by Judge Douglas Ginsburg, said the law was "carefully crafted to deal only with control by a foreign adversary." The judges also rejected the claim... HALELUYA HADERO Associated PressAston Villa march on in Champions League after beating RB Leipzig
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