Traders boost bets Fed will keep rates on hold this year
Despite a stronger-than-expected reading for third-quarter U.S. economic growth, traders on Thursday added to bets the Federal Reserve
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US economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes
The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace
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ECB pauses record streak of rate hikes
LONDON The European Central Bank broke the longest streak of interest rate rises in its 25-year history on
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Sandro Tonali’s reported ban brings calls for ’empathy and support’ from charity
Asking a footballer who is addicted to gambling to play in stadiums plastered in betting logos is akin to making an alcoholic work in a pub, campaigners have said. The Big Step campaign, part of the Gambling With Lives charity, has said Newcastle midfielder Sandro Tonali deserves “empathy and support” for his gambling rather than a 10-month ban. Italian football federation (FIGC) president Gabriele Gravina said on Thursday the 23-year-old had been suspended for 10 months and ordered to undertake a further eight-month rehabilitation programme, according to reports in Italy. The player’s agent, Giuseppe Riso, has said his client is living with a gambling addiction. The PFA is understood to be working with and continuing to support Tonali. “Footballers are human and if they are suffering from addiction they deserve empathy and support, not lengthy bans,” the Big Step said in a statement issued to the PA news agency. “Every football game is wall-to-wall with gambling ads, not just across shirts but around stadiums and related media content. “Sending someone addicted to gambling into this environment is like sending an alcoholic to work in a pub. If you force young footballers to endorse addictive products then don’t be surprised if they use them. “Ending all gambling advertising and sponsorship in football, including all parts of the shirt and in every stadium, will help to prevent harm to those on and off the pitch.” Gravina told reporters: “An agreement has been reached between the federal prosecutor and Sandro Tonali. “The plea agreement is for 18 months, of which eight months is for rehabilitation, which involves therapeutic activity and making at least 16 public appearances. “The rules call for a certain number of years of suspension, but the plea bargain and extenuating circumstances have been taken into consideration and the players’ collaboration went above and beyond, therefore we must continue to respect the rules we have established for ourselves.” Tonali was one of several players named in the FIGC’s investigation, which also saw Juventus midfielder Nicolo Fagioli banned for seven months. Read More It doesn’t add up – North Wales Crusaders chief on IMG’s new grading system England ‘at end of cycle’ in ODIs – Michael Atherton England bowled out for just 156 in must-win World Cup clash with Sri Lanka
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Weekly applications for US jobless benefits rises slightly
The number of Americans applying for jobless benefits rose last week but remains historically low as the labor market continues to show strength amid high interest rates and inflation
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Ranking the 8 best players who didn't sign rookie extensions
Only 14 of the 27 eligible players signed rookie scale extensions. Of the 13 that didn’t, these are the eight best, all of whom will now be restricted free agents this summer.
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Marlboro maker cuts profit forecast as smokers swap to cheaper brands
Tobacco giant Altria Group cut its annual profit forecast on Thursday as more smokers swapped its higher priced
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KFC shuts Lesotho stores over South Africa bird flu
Lesotho has banned poultry imports from South Africa, leaving the fast food chain short of chicken.
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Could David de Gea actually rejoin Man Utd as a free agent?
The truth behind reports suggesting a potential return to Manchester United for goalkeeper David de Gea. The 32-year-old left the club on a free transfer in the summer and remains unemployed.
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Barcelona vs. Real Madrid live stream, schedule preview: Watch LaLiga online
Both Barcelona and Real Madrid were victorious in the Champions League this week and they face eachother in La Liga on Saturday.
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Top Wind Firm’s Profits Fall Even as Clean Energy Booms in China
Xinjiang Goldwind Science & Technology Co., the largest wind-turbine maker, said profit plunged as a price war continues
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Manchester United vs. Manchester City live stream, schedule preview: Watch Premier League online
It will be an emotional fixture at Old Trafford this Sunday as the first Manchester derby since the passing of Sir Bobby Charlton takes place.
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