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just now (453+ words) News from The City, market updates plus comment and analysis from our business desk The proportion of people planning to splash out this Christmas has shrunk sharply compared with last year, research suggests. On average, households expect to spend "596, down from "774 last year, Yorkshire Building Society found. The proportion planning to spend more than "1,000 has plummeted to 15%, down from just over half (51%) last year. More than half (55%) of people in the latest survey said they feel stressed about their finances and nearly a quarter (24%) plan to use a credit card to cover the cost. Among those borrowing, expectations around when they will clear their debt vary widely. Around half (51%) expect to clear festive debt within three months, while a quarter (24%) anticipate taking up to a year. Yorkshire Building Society said more than 12 million current accounts in the UK are thought…...

1+ min ago (165+ words) I did it: Thor Chuan Leong celebrates after winning gold in the 6 red snooker event. " GLENN GUAN/The Star BANGKOK: Thor Chuan Leong reclaimed his men's snooker 6-red crown in style, shutting out host country cuiest Poramin Danjirakul in the final at Thunder Dome in Muang Thong Thani on Friday (Dec 12)." The 37-year-old overpowered the Thai player 5-2 to regain the SEA Games gold medal he last won in the event when Myanmar hosted the SEA Games in 2013." Chuan Leong thus extended Malaysia's outstanding record in the 6-red singles event after the feats by Lim Kok Leong and Moh Keen Hoo in Vietnam (2022) and Cambodia (2023)." Chuan Leong now has a chance to add to his gold medal tally if he and teammates Kok Leong and Keen Ho can reach the men's team snooker final." But they first must beat hosts Thailand…...

1+ min ago (55+ words) Quantum computing threatens to upend the cryptography that secures bitcoin and all blockchain-based digital assets, such as stablecoins. Oops, something went wrong Quantum Computing Could Bring Bitcoin Chaos. Rush Is On To Stop Crypto-geddon. Quantum computing threatens to upend the cryptography that secures bitcoin and all blockchain-based digital assets, such as stablecoins....

1+ min ago (94+ words) Livestream brought to you by: WINSTON-SALEM, N.C. " An 18-year-old student involved in a deadly stabbing at North Forsyth High School in Winston-Salem will not face charges, police announced. The incident happened around 11 a.m. Tuesday. Police say the teen and a 16-year-old friend were fighting over a vape pen when the 16-year-old pulled out a knife. Officers say the two struggled, and the 16-year-old was stabbed accidentally. He died from his injuries. VIDEO: Teen charged as adult in Concord convenience store shooting...

2+ min ago (361+ words) A major shift in everyday payments is starting in the Gulf. ADNOC Distribution, the region's largest network of fuel and convenience outlets, is preparing to let customers pay for fuel and in-store purchases using a government-approved digital token " marking one of the first large-scale retail tests of a sovereign-backed stablecoin. Rather than launching a crypto experiment of its own, the retailer has partnered with Al Maryah Community Bank, which will provide the payment rails through its AEC Wallet. Drivers will be able to settle transactions with AE Coin " the UAE's regulated, dirham-backed digital currency " directly from the app at pumps, car washes and Oasis convenience stores. This integration spans nearly a thousand ADNOC Distribution locations across the UAE, Saudi Arabia and Egypt, instantly putting the stablecoin inside one of the region's busiest retail ecosystems. AE Coin isn't a speculative asset....

2+ min ago (218+ words) Politicians in Jersey have voted to approve the budget for 2026-2029. Ten States members voted against it and 29 voted for it. The government said it would spend an extra "60m on health compared to last year, raise the income tax threshold, and fund 15 hours of free nursery care a week for two to three year olds. Spending plans faced opposition from politicians calling it a budget of short-term fixes. In the budget it said: "Whilst the revenue growth provided in this budget, coupled with the Health and Care Jersey Financial Recovery Plan, will help address immediate pressures on the Health and Care budget for 2026, there remains a growing future funding gap." It said additional funding would be required over the coming years to maintain Jersey's health services. Plans to charge patients for using Jersey's A&E department for non-urgent treatment have been…...

2+ min ago (523+ words) A man who sold sex abuse material of children in the Philippines to a former Cambridge music teacher pleaded guilty in Boston federal court on Wednesday. Christopher Allan Tisoy, 27, a Filipino national residing in Baltimore, Maryland, was charged by an information on Oct. 29 with one count of sexual exploitation of children and attempt and conspiracy, along with one count of conspiracy to commit sex trafficking of children. Tisoy had been arrested in May alongside former Cambridge music teacher Joshua DeWitte, 50, of Cambridge. Both were indicted in October and remain in federal custody. At the time DeWitte is suspected of the crimes, he was a music teacher at the Buckingham, Browne & Nichols K-12 School, according to the U.S. Attorney's office andMiddlesex District Attorney Marian Ryan's Office. He was placed on leave in January while Cambridge police "continue their investigations," Head of School Jennifer…...

2+ min ago (248+ words) Political observers were shocked late on Thursday night when Donald Trump made a comment about his son, Barron, that some deemed to be "weird." At an event, the president said of his wife Melania's most recent project, "I just heard about that for the first time. The only thing I can tell you, I know one thing for sure, it's going to be great for children. I don't know what it is she's doing. She loves children. She's got a wonderful boy. And she's very proud of her boy." Critics online were quick to note that it appeared Trump was distancing himself from Barron, his youngest child. Liberal podcaster Brian Tyler Cohen said, "Uh, SHE'S got a wonderful boy?" Washington Post reporter Matt Viser quoted the president saying, "She's got a wonderful boy. She's very proud of her boy," and…...

2+ min ago (279+ words) Dhaka, Dec 12 (PTI) Critically ill former prime minister Khaleda Zia's son Tarique Rahman, who has been living in self-exile in London for 17 years, will return to Bangladesh on December 25, the BNP said on Friday. The announcement by the Bangladesh Nationalist Party (BNP) came as its 80-year-old chairperson Zia's health condition deteriorated and she was placed on ventilator support on Thursday. "We are pleased to announce that our Acting Chairman Tarique Rahman will return to Dhaka on December 25," BNP Secretary General Mirza Fakhrul Islam Alamgir told reporters after a meeting of the party's policy-making standing committee. Alamgir added: "The party welcomes him." Rahman, the self-exiled 60-year-old has been living in London since 2008. For obscure reasons, he has been unable to return home and be with his ailing mother. Instead, he steers the party as its de facto leader through virtual platforms....

2+ min ago (806+ words) ROCHESTER " Nearly 19% of Olmsted County homeowners are projected to see their county-based property taxes decline next year, leaving the majority poised for increased bills. Added to the increased expenses are city, township and school taxes. While Olmsted County's overall tax collection is expected to increase by 6.8%, the Rochester City Council has approved a nearly 6% increase and other communities are facing higher rates of increase. Meanhile, the Rochester School Board is poised to consider a 3.5% tax levy increase. Since the increases are related to overall collections amid growth that is shifting taxable values of local properties, the rates of increase are not directly transferred to increases seen in individual tax bills. As budgets and related tax levies continue to be finalized this month, qualified homeowners have some options for mitigating the tax impact. With each taxpayer's share of the overall tax…...