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While they might not be producing a wealth of offense, the Kings have been penurious defensively of late and will take that stinginess northward to San Jose for a matchup with the Sharks on Monday. They surrendered just one goal in each contest during their three-game homestand and no five-on-five markers, most recently restraining the Seattle Kraken in a 2-1 win. Seattle had won five of its past six games, whereas San Jose has dropped six of its past seven. David Rittich, who has made three straight starts since Darcy Kuemper sustained his second lower-body injury of the young campaign during a loss in Colorado, has posted six one-goal-allowed efforts in 11 starts, with five of those performances being wins. The sixth was a 1-0 loss to Buffalo on Wednesday, which coach Jim Hiller said he thought gave the Kings additional motivation against Seattle. “I think we played really well the last couple (games), but (against Seattle) we did something extra with obviously scoring goals, which gives us the opportunity to win,” Rittich said. Individual Kings had plenty of motivation, too. Their second-period power-play goal represented the first point in seven games for Kevin Fiala and the first goal in six for Quinton Byfield, as well as the first power-play goal by any King against a goalie in the past seven games. Byfield’s scoring woes have been longer-standing. Byfield said he’d like to better integrate the physical side of his game into his offense, but for now was pleased to have broken through, and with an authoritative snipe, no less. “It’s obviously tough. You do think about it, but you’ve got to stay positive. I’ve learned from the best, Kopi, all the time he’s just even keel,” said Byfield, referring to Kings captain Anze Kopitar. “I try to be happy, that’s just my personality. I don’t want to bring anyone else down around me. It always comes eventually, and hopefully it’ll pile up.” Saturday also marked Byfield’s 200th career game, and he joined seven other players who have crossed that threshold from his 2020 draft class. He accumulated those games across parts of five seasons, some of which saw him bounce between the NHL and AHL while he also battled serious injuries and illnesses. “It was tough. There was a lot of adversity and a lot of challenging moments in those 200 games,” Byfield said. There might not be a ton of adversity ahead for the Kings in San Jose, given that the Sharks remain in a half-decade-long rebuild still waiting to take off and have been mired in a funk lately, too. But the Kings managed to lose to them and another bottom-dweller, the Chicago Blackhawks, in the same week, and their 4-2 loss in San Jose on Oct. 29 featured an 0-for-6 display on the power play. Five days earlier, the Kings had beaten the Sharks, 3-2, in L.A. The No. 1 overall pick in the 2024 draft, Macklin Celebrini, did not compete in either meeting for San Jose. He’ll be healthy Monday and has scored seven points in 10 games, production spearheaded by three multi-point outings. Veteran Mikael Granlund’s 24 points are eight more than any other Shark has contributed this season.jolibet com 。

( MENAFN - NewsIn Asia) Nov 28 (AFP) – India's Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the company denies. “Since the intimation of the US DoJ (Department of Justice) indictment, the group has suffered a loss of nearly $55 billion in its market capitalisation across its 11 listed companies,” it said in a statement. The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme. It said they had“devised a scheme to offer, authorise, make and promise to make bribes payments to Indian government officials”. Adani Group issued a stiff denial, describing the charges as“baseless”. A statement on Wednesday said Adani officials are“only charged” with securities fraud, wire fraud conspiracy and securities fraud. Adani is a close ally of Hindu nationalist Prime Minister Narendra Modi and was at one point the world's second-richest man, and critics have long accused him of improperly benefitting from their relationship. The group said the action had led to“significant repercussions”, including“international project cancellations, financial market impact and sudden examination from strategic partners, investors and the public”. With a business empire spanning coal, airports, cement and media, Adani Group has weathered previous corporate fraud allegations and suffered a similar stock crash last year. The conglomerate saw $150 billion wiped from its market value in 2023 after a report by short-seller Hindenburg Research accused it of“brazen” corporate fraud. Denying Hindenburg's allegations, Adani called its report a“deliberate attempt” to damage its image for the benefit of short-sellers. MENAFN27112024000191011043ID1108934473 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.NEW YORK — Technology stocks are dragging down the market Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.3%, with more than 90% of stocks in the benchmark index losing ground. The benchmark index was managing to hold onto a modest gain for the week. The Dow Jones Industrial Average fell 418 points, or 1%, to 42,878 as of 1:43 p.m. Eastern time. The Nasdaq composite fell 1.8%. Technology stocks were the biggest weight on the market Friday. Semiconductor giant Nvidia slumped 2.7%. Its enormous valuation gives it an outsize influence on indexes. Other Big Tech stocks losing ground included Microsoft, with a 2% decline. A wide range of retailers also fell. Amazon fell 1.9% and Best Buy slipped 1.8%. The sector is being closely watched for clues on how it performed during the holiday shopping season. Energy stocks held up better than the rest of the market, with a loss of just 0.1% as crude oil prices rose 1.4%. The S&P 500 gained nearly 3% over a 3-day stretch before breaking for the Christmas holiday. On Thursday, the index posted a small decline. “There’s just some uncertainty over this relief rally we’ve witnessed since last week,” said Adam Turnquist, chief technical strategist for LPL Financial. Despite Friday’s drop, the market is moving closer to another standout annual finish . The S&P 500 is on track for a gain of around 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998. The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing. A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2% in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve’s interest rate policy this year. Expectations for interest rate cuts also helped drive market gains. The central bank recently delivered its third cut to interest rates in 2024. Even though Inflation has come closer to the central bank’s target of 2%, it remains stubbornly above that mark and worries about it heating up again have tempered the forecast for more interest rate cuts. Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under incoming President Donald Trump. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Amedisys rose 4.7% after the home health care and hospice services provider agreed to extend the deadline for its sale to UnitedHealth Group. The Justice Department had sued to block the $3.3 billion deal, citing concerns he combination would hinder access to home health and hospice services in the U.S. The move to extend the deadline comes ahead of an expected shift in regulatory policy under Trump. The incoming administration is expected to have a more permissive approach to dealmaking and is less likely to raise antitrust concerns. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. Markets in Europe gained ground. Bond yields held relatively steady. The yield on the 10-year Treasury rose to 4.61% from 4.59% late Thursday. The yield on the two-year Treasury slipped to 4.31% from 4.33% late Thursday. Wall Street will have more economic updates to look forward to next week, including reports on pending home sales and home prices. There will also be reports on U.S. construction spending and snapshots of manufacturing activity.

No problem with Taiwanese president visiting Pacific 'allies', CNMI's US congressman says

The American Athletic Conference is the only Football Bowl Subdivision league whose championship game matchup is set: Army vs. Tulane. The final week of the regular season will determine pairings for the other eight conferences. Here's a look at the possible matchups in the Power Four and Group of Five. All championship games are Dec. 7 except in the AAC, Conference USA and Mountain West, which will be played Dec. 6. SMU vs. Miami or Clemson. Miami is in if it beats Syracuse. Clemson is in if Miami loses. Oregon vs. Ohio State, Penn State or Indiana. Ohio State is in if it beats Michigan or if Penn State and Indiana lose this week. Penn State is in if it beats Maryland and Ohio State loses. Indiana is in if it beats Purdue and Ohio State and Penn State lose. Arizona State vs. Iowa State if both win this week. Multiple scenarios including BYU, Colorado and other teams exist otherwise. Georgia vs. winner of Texas-Texas A&M game. Army vs. Tulane. Jacksonville State vs. Liberty, Western Kentucky or Sam Houston. Liberty is in with a win over Sam Houston. WKU is in with a win over Jacksonville State and a Liberty loss. Sam Houston is in with a win over Liberty and a Jacksonville State win. Miami, Bowling Green and Ohio are tied for first place and control their destinies. Miami-Bowling Green winner is in, as is Ohio if it beats Ball State. Other scenarios exist that include those teams and Buffalo. Boise State vs. UNLV or Colorado State. If UNLV and CSU both win or lose their final regular-season games, the tie would be broken by either College Football Playoff rankings or results-based computer metrics. Louisiana-Lafayette at Marshall if both win their games this week. Other scenarios exist if one or both lose. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

The Organisation of Eastern Caribbean States says it has launched a consultancy to deliver a training programme, to assist the Registrars of Companies in Antigua and Barbuda, Dominica, Grenada, and St. Vincent and the Grenadines with integrating a new, updated platform for the online registration and incorporation of companies. It said that the Eastern Caribbean has witnessed significant advancement in transforming its business registration processes under the Regional Integration Through Growth Harmonisation and Technology. This initiative was part of broader regional efforts to implement the commitments under the Revised Treaty of Basseterre, which aims to promote the free movement of people, goods, and services in the Eastern Caribbean.Seibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the Cowboys LANDOVER, Md. (AP) — Austin Seibert missed his second extra point of the game with 21 seconds left after Washington’s Jayden Daniels and Terry McLaurin connected on an 86-yard touchdown, Dallas’ Juanyeh Thomas returned the ensuing onside kick attempt for a touchdown, and the Cowboys pulled out a 34-26 victory Sunday that extended the Commanders’ skid to three games. Seibert was wide left on the point-after attempt following a bad snap. On the ensuing onside kick attempt, Juanyeh Thomas returned it 43 yards for a touchdown as the Cowboys ended their losing streak at five in improbable fashion. Earlier in the fourth quarter, KaVonte Turpin returned a kickoff 99 yards for a TD. Patrick Mahomes and Chiefs win at the buzzer again, topping Panthers 30-27 on Shrader's field goal CHARLOTTE, N.C. (AP) — Patrick Mahomes threw for 269 yards and three touchdowns, Spencer Shrader kicked a 31-yard field goal as time expired and the Kansas City Chiefs beat the Carolina Panthers 30-27 to reach double-digit wins for the 10th straight season. The Chiefs bounced back from last week’s 30-21 loss at Buffalo and won at the buzzer yet again in a season of narrow escapes. Noah Brown caught two TD passes and DeAndre Hopkins also had a touchdown catch. Bryce Young finished 21 of 35 for 262 yards and a touchdown for the Panthers, who had their two-game winning streak snapped. From Maui to the Caribbean, college hoops' Thanksgiving tournaments a beloved part of the sport College basketball is ready for its Thanksgiving Week closeup. The schedule is full of early season tournaments that could create buzzworthy marquee matchups. And many of those come in warm-weather locations. The Maui Invitational in Hawaii turns 40 years old this year. It opens Monday with a field that includes two-time reigning national champion and second ranked UConn. The Battle 4 Atlantis men's tournament in the Bahamas opens Wednesday. It has a field topped by No. 3 Gonzaga. There are also multiple women's events in the Bahamas featuring ranked teams, including the fourth Atlantis women's tournament. AP Top 25: Alabama, Mississippi out of top 10 and Miami, SMU are in; Oregon remains unanimous No. 1 Alabama and Mississippi tumbled out of the top 10 of The Associated Press college football poll and Miami and SMU moved in following a chaotic weekend in the SEC. Oregon is No. 1 for the sixth straight week and Ohio State, Texas and Penn State held their places behind the Ducks. The shuffling begins at No. 5, where Notre Dame returned for the first time since Week 2 after beating Army for its ninth straight win. No. 6 Georgia and No. 7 Tennessee each moved up two spots. Miami, SMU and Indiana round out the top 10. Thitikul finishes eagle-birdie to win CME Group Tour Championship and claim record $4M prize NAPLES, Fla. (AP) — Down by two with two holes to play, Jeeno Thitikul knew exactly what was needed to capture the biggest prize in women’s golf history. And another eagle-birdie finish — for the second straight day — made it happen. Thitikul claimed the record-setting $4 million first-place check by winning the CME Group Tour Championship on Sunday. It was the biggest money prize in women’s golf history. Thitikul shot a 7-under 65 on Sunday and finished the week at 22 under, one shot ahead of Angel Yin (66). Yin had a two-shot lead walking to the 17th tee, only to wind up settling for the $1 million runner-up check. Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup title MALAGA, Spain (AP) — Jannik Sinner clinched Italy's second consecutive Davis Cup title and capped his breakthrough season at the top of tennis by beating Tallon Griekspoor 7-6 (2), 6-2 for a 2-0 win over the Netherlands in the final of the team competition in Malaga, Spain. Matteo Berrettini won Sunday's opening singles match 6-4, 6-2 against Botic van de Zandschulp. The Italians are the first country to win the Davis Cup twice in a row since the Czech Republic in 2012 and 2013. The No. 1-ranked Sinner stretched his unbeaten streak in singles to 14 matches and 26 sets. Netherlands reached the Davis Cup final for the first time. Verstappen still manages to win 4th straight F1 title in one of worst seasons of his Red Bull career LAS VEGAS (AP) — Max Verstappen won an unbelievable 19 races last season that included an incredible streak of 10 in a row in what would arguably go down as one of the greatest years in Formula 1 history. And yet it is this year’s eight-win season — his lowest victory total since 2020 — that Verstappen considers a career-defining campaign. Those eight wins were enough to win him a fourth consecutive F1 championship on Saturday night with his easy drive at the Las Vegas Grand Prix. The championship made Verstappen only the sixth driver in F1 history to win four or more titles. Maverick McNealy birdies the last hole at Sea Island to finally become PGA Tour winner ST. SIMONS ISLAND, Ga. (AP) — Maverick McNealy is finally a winner on the PGA Tour, and it took a shot he won't soon forget. McNealy was part of a four-way tie for the lead when he drilled a 6-iron to 5 feet on the final hole at Sea Island for birdie and a 68. That gave him a one-shot victory over Daniel Berger, Nico Echavarria and Florida State sophomore Luke Clanton. Berger and Henrik Norlander moved into the top 125 to keep full PGA Tour cards for next year. Clanton continued to show his promise. It was his second runner-up finish and fourth top 10 this year. When Harbaugh brothers meet for 3rd time Monday, Archie Manning can relate to Jack Harbaugh EL SEGUNDO, Calif. (AP) — Archie Manning can empathize with what Jack Harbaugh will be going through again on Monday night. For the first time in 11 years, the 85-year-old patriarch of the Harbaugh family has to be a neutral observer with Jim’s Los Angeles Chargers hosting John’s Baltimore Ravens in the third matchup between the coaching brothers. John Harbaugh has won the previous two matchups. Manning, more than anyone, knows the attention and conflicting emotions of these games. He had to go through it three times when his sons, quarterbacks Peyton and Eli Manning, faced off. Jack and Jackie Harbaugh attended the first two meetings but will not be at Monday’s game. Salah double sends Liverpool 8 points clear in Premier League as United draws first game with Amorim Mohamed Salah has sent Liverpool eight points clear in the Premier League by scoring twice to help his team rally to a 3-2 win over Southampton. It was a 10th victory in 12 league games for Liverpool, which took advantage of defending champion Manchester City’s 4-0 loss at home to Tottenham on Saturday. Salah scored in the 65th and 83rd minutes. Only Manchester United’s class of 1993-94 has had a larger lead than Arne Slot’s Liverpool at this stage of a Premier League campaign. Ruben Amorim is trying to recreate those glory days and his first game in charge of United ended in a 1-1 draw at Ipswich. Marcus Rashford scored after 81 seconds for United.

Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have reportedly developed a new technology that may change how cancer is treated. As reported by 'Interesting Engineering', this technology transforms colon cancer cells into cells that resemble normal cells, rather than destroying them. The research was published in -Advanced Science- and led by Professor Kwang-Hyun Cho of the Department of Bio and Brain Engineering. ET Year-end Special Reads Take That: The gamechanger weapon's India acquired in 2024 10 big-bang policy moves Modi government made in 2024 How governments tried to rein in the social media beast The team created a computer model of the gene network responsible for normal cell development. Using this model, they identified key molecular switches that can revert colon cancer cells back to a normal-like state. Unlike conventional therapies, which aim to destroy cancer cells, the KAIST team has taken a radically different approach. Their method targets the root cause of cancer development by addressing how cells regress along the differentiation pathway during their transformation into cancerous states. Using a computational "digital twin" of the gene network involved in cell differentiation, the researchers simulated and analyzed complex gene interactions. This allowed them to identify key molecular switches capable of reverting cancer cells to a normal-like state. Their findings were confirmed through molecular experiments, cellular studies, and animal trials. Traditional cancer treatments often cause serious side effects and cancer can return. This new approach aims to address these issues. “The fact that cancer cells can be converted back to normal cells is an astonishing phenomenon. This study proves that such reversion can be systematically induced,” Cho remarked. 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View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program The researchers believe this method could work for other cancers as well. By using the same computer modeling technology on different cancer gene networks, they hope to find similar molecular switches. Professor Cho explained the potential impact: “This research introduces the novel concept of reversible cancer therapy by reverting cancer to normal cells. It also develops foundational technology for identifying targets for cancer reversion through the systematic analysis of normal cell differentiation trajectories.” This new technology could lead to new cancer therapies with fewer side effects and a lower chance of cancer recurrence. (You can now subscribe to our Economic Times WhatsApp channel )

Second-warmest November on record means that 2024 is likely to be Earth's hottest yearThe latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Joe DeVito was on a long drive from a gig in Nashville to New York on Thursday with the news of a health insurance CEO being gunned down heavy on his mind. He saw that people were using the death as an opportunity to express anger at the health insurance industry and share their own stories of being denied coverage for care. Along the way, in Virginia, he pulled over at a rest stop to record a song about it. "I wanted to throw my two cents in and try and try and convey that rage, and why people are so mad," he tells The Independent. "As a songwriter, my job is to capture these emotions and sort of wrap them in melodies and rhymes in a way that makes them more digestible and helps people understand them," he adds. The song is a condemnation of the health insurance industry which the victim, Brian Thompson, had shaped and worked in for decades. It's part murder ballad and part protest song, both of which have roots in the folk tradition. The chorus echoes the words the killer had reportedly carved onto the bullet casings found at the scene: "Deny, defend, depose." DeVito, 26, closed his phone after uploading the video of him singing in his car to TikTok, and carried on driving. A little while later he got a call from his sister, who told him it was blowing up on social media. The song had racked up hundreds of thousands of... Richard Hall

By Josh Boak and Fatima Hussein, The Associated Press WASHINGTON — Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them. Trump has bold ideas on tax cuts, tariffs and other programs , but high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do. Not only is the federal debt at roughly $36 trillion, but the spike in inflation after the coronavirus pandemic has pushed up the government’s borrowing costs such that debt service next year will easily exceed spending on national security. The higher cost of servicing the debt gives Trump less room to maneuver with the federal budget as he seeks income tax cuts. It’s also a political challenge because higher interest rates have made it costlier for many Americans to buy a home or new automobile. And the issue of high costs helped Trump reclaim the presidency in November’s election. “It’s clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance,” said Shai Akabas, executive director of the economic policy program at the Bipartisan Policy Center. “The cost of housing and groceries is going to be increasingly felt by households in a way that are going to adversely affect our economic prospects in the future.” Akabas stressed that the debt service is already starting to crowd out government spending on basic needs such as infrastructure and education. About 1 in 5 dollars spent by the government are now repaying investors for borrowed money, instead of enabling investments in future economic growth. It’s an issue on Trump’s radar. In his statement on choosing billionaire investor Scott Bessent to be his treasury secretary , the Republican president-elect said Bessent would “help curb the unsustainable path of Federal Debt.” The debt service costs along with the higher total debt complicate Trump’s efforts to renew his 2017 tax cuts, much of which are set to expire after next year. The higher debt from those tax cuts could push interest rates higher, making debt service even costlier and minimizing any benefits the tax cuts could produce for growth. “Clearly, it’s irresponsible to run back the same tax cuts after the deficit has tripled,” said Brian Riedl, a senior fellow at the Manhattan Institute and a former Republican congressional aide. “Even congressional Republicans behind the scenes are looking for ways to scale down the president’s ambitions.” Democrats and many economists say Trump’s income tax cuts disproportionately benefit the wealthy, which deprives the government of revenues needed for programs for the middle class and poor. “The president-elect’s tax policy ideas will increase the deficit because they will decrease taxes for those with the highest ability to pay, such as the corporations whose tax rate he’s proposed reducing even further to 15%,” said Jessica Fulton, vice president of policy at the Joint Center for Political and Economic Studies, a Washington-based think tank that deals with issues facing communities of color. Trump’s team insists he can make the math work. “The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail, including lowering prices. He will deliver,” said Karoline Leavitt, the Trump transition spokeswoman. When Trump was last in the White House in 2020, the federal government was spending $345 billion annually to service the national debt. It was possible to run up the national debt with tax cuts and pandemic aid because the average interest rate was low, such that repayment costs were manageable even as debt levels climbed. FILE - Elon Musk speaks at a campaign rally, Oct. 27, 2024, in New York. (AP Photo/Evan Vucci, File) AP Congressional Budget Office projections indicate that debt service costs next year could exceed $1 trillion. That’s more than projected spending on defense. The total is also greater than nondefense spending on infrastructure, food aid and other programs under the direction of Congress. What fueled the increased cost of servicing the debt has been higher interest rates. In April 2020, when the government was borrowing trillions of dollars to address the pandemic, the yield on 10-year Treasury notes fell as low as 0.6%. They’re now 4.4%, having increasing since September as investors expect Trump to add several trillions of dollars onto projected deficits with his income tax cuts. Democratic President Joe Biden can point to strong economic growth and successfully avoiding a recession as the Federal Reserve sought to bring down inflation. Still, deficits ran at unusually high levels during his term. That’s due in part to his own initiatives to boost manufacturing and address climate change, and to the legacy of Trump’s previous tax cuts. People in Trump’s orbit, as well as Republican lawmakers, are already scouting out ways to reduce government spending in order to minimize the debt and bring down interest rates. They have attacked Biden for the deficits and inflation, setting the stage for whether they can persuade Trump to take action. Elon Musk and Vivek Ramaswamy , the wealthy businessmen leading Trump’s efforts to cut government costs , have proposed that the incoming administration should simply refuse to spend some of the money approved by Congress. It’s an idea that Trump has also backed, but one that would likely provoke challenges in court as it would undermine congressional authority. Russell Vought , the White House budget director during Trump’s first term and Trump’s choice to lead it again, put out an alternative proposed budget for 2023 with more than $11 trillion in spending cuts over 10 years in order to potentially generate a surplus. Michael Faulkender, a finance professor who served in Trump’s Treasury Department, told a congressional committee in March that all the energy and environmental components of Biden’s Inflation Reduction Act from 2022 should be repealed to reduce deficits. FILE - Acting OMB Director Russel Vought speaks during a press briefing at the White House, March 11, 2019, in Washington. (AP Photo/ Evan Vucci, File) AP Trump has also talked up tariffs on imports to generate revenues and reduce deficits, while some Republican lawmakers such as House Budget Committee Chairman Jodey Arrington, R-Texas, have discussed adding work requirements to trim Medicaid expenses. The White House was last pressured by high rates to address debt service costs roughly three decades ago during the start of Democrat Bill Clinton’s presidency. Higher yields on the 10-year Treasury notes led Clinton and Congress to reach an agreement on deficit reduction, ultimately producing a budget surplus starting in 1998. Clinton political adviser James Carville joked at the time about how bond investors pushing up borrowing rates for the U.S. government could humble the commander in chief. “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter,” Carville said. ”But now I would like to come back as the bond market. You can intimidate everybody.” More in Nation-World News What medical experts think of RFK Jr.’s health department nomination Suspect arrested in theft of $3,000 gold rose from 9/11 display Adultery is no longer illegal in New York