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Democrats Move Gingerly to Seek Burton House Seat

It is a delicate situation: Democratic Rep. Sala Burton, whose district encompasses 75% of this city, is battling cancer. And various politicians–some of them her friends–are openly lining up support to go after her seat, should it suddenly come open.

Politics are always lively in the city that has produced such powerful operators as Burton’s late husband, Phillip, Assembly Speaker Willie Brown and Lt. Gov. Leo McCarthy. But the next election in the 5th Congressional District–whenever it comes–promises to be especially intense because it will pit increasingly powerful gay and neighborhood activists against the old Democratic machine built by Phil Burton and Brown.

“This thing is the talk of the town,” said Paul Ambrosino, a young San Francisco political consultant. “There’s really only been one hot race for this seat since Phil Burton won it 20 years ago. So nobody knows precisely what the values of the voters are or how the various voting blocs might respond.”

Sala Burton, 61, underwent surgery for colon cancer in August and recently went back into George Washington University Hospital. She met Saturday with relatives and friends in Washington and announced that she hopes to finish out her term but will not seek reelection in 1988.

“It’s an awful situation,” said Paul Pelosi, whose wife, Nancy, a San Francisco socialite and longtime Democratic activist, is a close friend of Sala Burton and wants to succeed her when she leaves Congress.

“I really believe Sala is going to get better,” Nancy Pelosi said in an interview. “I will seek her seat in 1988 if she does not run.”

Pelosi, former chairwoman of the California Democratic Party, is well-connected to numerous national Democratic figures and has helped many of them raise money. She could expect them to return the favor, and she would also get help from former Rep. John Burton, Sala Burton’s brother-in-law, and from Brown and McCarthy, who have been close to Pelosi for years.

Until recently, that kind of support from the Democratic establishment would have made Pelosi the heavy favorite. But that is no longer the case, according to political consultants familiar with the district.

65% Democratic

With 65% of its voters registered Democratic, the 5th Congressional District has long been a stronghold of liberal, pro-labor forces.

But its working-class character has been altered in recent years by the influx of young, upwardly mobile professionals, or Yuppies. In the 1984 Democratic presidential primary, for example, Yuppie favorite Gary Hart of Colorado stunned the supporters of former Vice President Walter Mondale by winning five of the six national convention delegates.

Gays and neighborhood groups are increasingly active in the district.

What this means, according to consultants in the city, is that an establishment candidate like Pelosi would face a major battle for the 5th District from Harry Britt, a gay activist and champion of renters’ rights who who has served on the San Francisco Board of Supervisors since 1979. He has announced that he will run if Burton’s seat becomes open.

“The (Burton) machine expects us to always give them their votes, but this time it’s different,” said Dick Pabich, Britt’s political consultant, who explained that better leadership on the AIDS issue is the major goal of the gay community.

AIDS a ‘Top Priority’

“If Harry won, his top priority in Congress would be AIDS,” Pabich said. “Some members of Congress, like (Los Angeles Democratic Rep. Henry) Waxman have been helpful on this, but there is no one back there really out front in a leadership role on AIDS.”

San Francisco political consultant Clint Reilly said: “The gays feel they have paid their dues, that they’ve come of age. They believe it is their turn, and Britt is their candidate. I would expect money to pour in from gays all over the country if there is a special election for this seat.”

Political consultants say Britt would go into a special election with a significant bloc of gay votes, a bloc that would be magnified in importance if turnout is low, as expected.

Also mentioned as possible candidates for the Burton seat are Supervisors Bill Maher and Carol Ruth Silver, both Democrats.

Even Mayor Dianne Feinstein, who is in the last year of her tenure, has considered running for the seat while she bides her time for a possible statewide candidacy later. Some of her advisers have urged her to run if Burton resigns, even if that comes before the end of Feinstein’s term as mayor. But Deputy Mayor Hadley Rolfe said: “She wants to finish out her last year as mayor; it’s very important to her.”

Should Burton not be able to finish out her term, Gov. George Deukmejian would have to call a special election. It would be preceded by an open primary, meaning that Democrats and Republicans could vote for candidates of either party.

That could be significant, according to Reilly, because if the Republicans do not come up with a credible candidate of their own, one of the Democratic candidates could benefit from a bloc of the Republican votes if they could be motivated to turn out.

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Trent Alexander Arnold: How Conor Bradley helped Liverpool move on

It was only the shadow of brilliant Real keeper Thibaut Courtois that threatened to stop Liverpool getting what they merited, with a stunning individual performance that revived memories of how he defied them when Jurgen Klopp’s team lost the 2022 Champions League final in Paris.

The Belgian made a string of magnificent saves, including four from Dominik Szoboszlai and a remarkable reflex stop from Virgil van Dijk’s header, before even he was powerless to stop Mac Allister’s header from the Hungarian’s free-kick.

Liverpool’s narrow victory margin does not touch the sides of their domination from first whistle to last, these crucial three points pushing them into sixth place in the Champions League table, a standing that will put them in the last 16 without the need to resort to a play-off if maintained.

Szoboszlai and Mac Allister ruled midfield, while Florian Wirtz provided some of the subtle touches that made his name at Bayer Leverkusen. Hugo Ekitike was a constant menace.

Liverpool were, unlike so often this season, rock solid at the back as Kylian Mbappe was marginalised, delivering a dreadful, error-strewn display. Vinicius had been beaten by Bradley long before the end.

If it was a miserable night for Alexander-Arnold, it was not much better for Jude Bellingham, offered the Anfield stage to deliver a reminder of his class before England head coach Thomas Tuchel names his squad to face Serbia and Albania after excluding him last time.

He provided one moment of danger in the first half when he forced Giorgi Mamardashvili to save with his legs, but was otherwise anonymous as Real failed to establish any sort of stranglehold.

Bellingham conceded the free-kick in a dangerous position that led to Mac Allister’s goal, offering little as Real tried to force their way back into contention, although he was not alone there.

He offered words of sympathy to Alexander-Arnold: “Obviously, it is one of those things in football. The fans booing isn’t a reflection of how they feel about him.

“I think it is more to give their team the edge and throw him off a little bit. I am sure they’re appreciative of what he has done for the club.”

Alexander-Arnold, once an Anfield idol, probably could not wait to get back to his new Madrid home, while life for Liverpool suddenly looks much brighter ahead of Sunday’s meeting with Manchester City at Etihad Stadium.

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Gavin Newsom’s gamble on Prop. 50 may be his most calculated yet

Gov. Gavin Newsom stepped to the microphone at the state Democratic headquarters in mid-August with the conviction of a man certain he was on the right side of history, bluntly saying California has a moral obligation to thwart President Trump’s attempt to tilt the balance of Congress.

Over the next 2½ months, Newsom became the public face of Proposition 50, a measure designed to help Democrats win control of the U.S. House of Representatives by temporarily redrawing California’s congressional districts.

Newsom took that leap despite tepid support for a gerrymandering measure in early polls.

With Tuesday’s election, the fate of Proposition 50 arrives at a pivotal moment for Newsom, who last week acknowledged publicly that he’s weighing a 2028 presidential run. The outcome will test not only his political instincts but also his ability to deliver on a measure that has national attention fixed squarely on him.

From the outset, Newsom paired his conviction with caution.

“I’m mindful of the hard work ahead,” Newsom said in August, shortly after lawmakers placed Proposition 50 on the ballot.

It was familiar territory for a governor who has built a career on high-stakes political bets. As San Francisco mayor, his decision to issue same-sex marriage licenses in 2004 made him a progressive icon. It also drew accusations he’d energized conservative turnout that year in the presidential election that ended with George W. Bush winning a second term.

As the state’s newly elected governor, he suspended the death penalty in 2019 despite voters having twice rejected measures to do so, calling it a costly and biased system that “fails to deliver justice” — a move that drew fury from law enforcement groups and victims’ families. His decision to take on Florida Gov. Ron DeSantis in a 2023 prime-time debate hosted by Sean Hannity on Fox News was intended to showcase his command of policy and political agility, but instead fell flat amid an onslaught of insults.

With Proposition 50, Newsom placed himself at the center of another potentially career-defining gamble before knowing how it would land. Ahead of Tuesday’s special election, polling suggests he may have played his cards right. Six out of 10 likely voters support Proposition 50, according to a survey by UC Berkeley’s Institute of Governmental Studies that was co-sponsored by The Times.

“You know, not everybody would have done it,” veteran Democratic strategist Gale Kaufman said. “He saw the risk and he took it.”

If approved by voters, the ballot measure would redraw California’s congressional maps to favor Democrats beginning with the 2026 midterm elections in hopes of discounting Republican efforts to gerrymander more seats for themselves. California introduced the measure in response to Trump and his political team leaning on Republican-led states to redraw their district lines to help Republicans retain control of the House.

The balance of power in the closely divided House will determine whether Trump can advance his agenda during his final two years in office — or face an emboldened Democratic majority that could move to challenge, or even investigate, his administration.

And while critics of the governor see a power-craving politician chasing headlines and influence, supporters say this is classic Newsom: confident, risk-tolerant and willing to stand alone when he believes he’s right. He faced intense backlash from his political allies when he had conservative personality Charlie Kirk as his inaugural guest on his podcast this year, on which Newsom said he believed it was “deeply unfair” for transgender athletes to compete in women’s sports. After Kirk was killed, Newsom regularly brought up that interview as a point of pride, noting the backlash he received from his own party over hosting a Trump ally.

In recent months Newsom struck a deal to stabilize struggling oil refineries, pushed cities to ban homeless encampments and proposed walking back healthcare coverage for undocumented immigrants — a series of moves that have tested his standing with progressives. Supporters say the moves show his pragmatic streak, while critics argue they reflect a shift to the center ahead of a possible presidential run.

“In so many ways, he is not a cautious politician,” said Jessica Levinson, a law professor at Loyola Law School. “His brand is big, bold decisions.”

With Proposition 50, Newsom has cast the redistricting counterpunch as a moral imperative, arguing that Democrat-led states must “fight fire with fire,” even if it means pausing a state independent redistricting process largely considered the gold standard. The measure upends a system Californians overwhelmingly endorsed to keep politics out of the map-drawing process.

Levinson said Newsom’s profile has been rising along with the polling numbers for Proposition 50 as he has booked national television shows like ‘The Late Show with Stephen Colbert” and appeared in an ad in favor of the ballot measure with former President Obama, Massachusetts Sen. Elizabeth Warren and other prominent Democrats that ran during the World Series.

“We are talking about Proposition 50 on a nationwide scale,” Levinson said. “And it’s really hard to talk about Proposition 50 without saying the words ‘Gov. Newsom of California spearheading the effort to pass.’”

California Republicans have called the effort misguided, arguing that the retaliatory response creates a slippery slope that would erode the independent redistricting process California voters have chosen twice at the ballot box.

“When you fight fire with fire, the whole world burns,” said California Rep. Kevin Kiley (R-Rocklin), whose district is among those that would be overhauled under Proposition 50. “Newsom is trying to claim that Texas did a bad gerrymandering, but what California is doing is a good gerrymander because somehow it’s canceling it out … I just think gerrymandering is wrong. It’s wrong in Texas and it’s wrong in California.”

Kiley said Newsom never has been one to shy away from national attention “and for pursing explicitly partisan goals.”

“He’s certainly used this as an opportunity to do both of those things,” Kiley said.

Out of the gate, the redistricting plan had lackluster support. Then came the flood of ads by proponents peppered with talking points about Trump rigging the election.

Supporters of Proposition 50 took in more than four times the amount that opponents raised in recent weeks, according to campaign finance reports filed with the state by the three main committees campaigning about the measure. Supporters of Proposition 50 raised so much money that Newsom told them “you can stop donating.”

Political analysts said the redistricting fight has given Newsom what every ambitious politician craves: a narrative. It’s allowed him to cast himself as a defender of democracy while reenergizing donors. That message sharpened when Trump administration officials said they’d monitor polling sites in several California counties at the state GOP’s request, prompting Newsom to accuse the Trump administration of “voter intimidation.”

Republican strategist Rob Stutzman said the campaign gave Newsom something he’d struggled to find: “an authentic confrontation” with Trump that resonates beyond California.

“And I think it’s worked well for him nationally,” Stutzman said. “I think it’s been great for him in some ways, regardless of what happens, but if it does lose, it’ll hurt the brand that he can win and there will be a lot of disgruntled donors.”

While Newsom has framed the measure as good for the country, Stutzman said it’s clear that Proposition 50 has been particularly good for the governor.

“He’s used it for his own purposes very, very effectively,” Stutzman said. “If he becomes the [presidential] nominee, you could look back and say this was an important part of him getting there.”

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Ohio panel and Virginia lawmakers move forward with congressional redistricting plans

An Ohio panel adopted new U.S. House districts on Friday that could boost the GOP’s chances of winning two additional seats in next year’s elections and aid President Trump’s efforts to hold on to a slim congressional majority.

The action by the Ohio Redistricting Commission came as Virginia’s Democratic-led General Assembly advanced a proposed constitutional amendment that could pave the way for redistricting in the state ahead of the 2026 congressional elections. That measure still needs another round of legislative approval early next year before it can go to voters.

Trump has been urging Republican-led states to reshape their U.S. House districts in an attempt to win more seats. But unlike in other states, Ohio’s redistricting was required by the state constitution because the current districts were adopted after the 2020 census without bipartisan support.

Ohio joins Texas, Missouri and North Carolina, where Republican lawmakers already have revised their congressional districts.

Democrats have been pushing back. California voters are deciding Tuesday on a redistricting plan passed by the Democratic-led Legislature.

The political parties are in an intense battle, because Democrats need to gain just three seats in next year’s election to win control of the House and gain the power to impede Trump’s agenda.

In a rare bit of bipartisanship, Ohio’s new map won support from all five Republicans and both Democrats on the redistricting panel. The Democratic Congressional Campaign Committee praised the Ohio Democrats “for negotiating to prevent an even more egregious gerrymander” benefiting Republicans.

Republicans already hold 10 of Ohio’s 15 congressional seats. The new map could boost their chances in already competitive districts currently held by Democratic Reps. Greg Landsman in Cincinnati and Marcy Kaptur near Toledo. Kaptur won a 22nd term last year by about 2,400 votes, or less than 1 percentage point, in a district carried by Trump. Landsman was reelected with more than 54% of the vote.

National Democrats said they expect to hold both targeted seats and compete to flip three other districts where Republicans have won by narrow margins.

Ohio residents criticize new map

Ohio’s commission had faced a Friday deadline to adopt a new map, or else the task would have fallen to the GOP-led Legislature, which could have crafted districts even more favorable to Republicans. But any redistricting bill passed by the Legislature could have been subject to an initiative petition campaign from opponents seeking to force a public referendum on the new map.

The uncertainty of that legislative process provided commissioners of both parties with some incentive for compromise.

But Ohio residents who testified to commissioners Friday denounced the new districts. Julia Cattaneo, who wore a shirt saying “gerrymandering is cheating,” said the new map is gerrymandered more for Republicans than the one it is replacing and is not the sort of compromise needed.

“Yes, you are compromising — your integrity, honor, duty and to represent Ohioans,” she said.

Added resident Scott Sibley: “This map is an affront to democracy, and you should all — every one of you — be ashamed.”

Republican state Auditor Keith Farber, a member of the commission, defended the map during a testy exchange with one opponent. Because many Democrats live in cities and many Republicans in rural areas, he said there was no way to draw a map creating eight Republican and seven Democratic districts — as some had urged — without splitting cities, counties and townships.

Virginia Democrats point at Trump to defend redistricting

Virginia is represented in the U.S. House by six Democrats and five Republicans. Democratic lawmakers haven’t unveiled their planned new map, nor how many seats they are trying to gain, but said their moves are necessary to respond to the Trump-inspired gerrymandering in Republican-led states.

“Our voters are asking to have that voice. They’re asking that we protect democracy, that we not allow gerrymandering to happen throughout the country, and we sit back,” Democratic Sen. Barbara Favola said.

The proposed constitutional amendment would let lawmakers temporarily bypass a bipartisan commission and redraw congressional districts to their advantage. The Senate’s approval Friday followed House approval Wednesday.

The developments come as Virginia holds statewide elections Tuesday, where all 100 seats in the House of Delegates are on the ballot. Democrats would need to keep their slim majority in the lower chamber to advance the constitutional amendment again next year. It then would go to a statewide referendum.

Republican Sen. Mark Obenshain said Democrats were ignoring the will of voters who had overwhelmingly approved a bipartisan redistricting commission.

“Heaven forbid that we actually link arms and work together on something,” Obenshain said. “What the voters of Virginia said is, ‘We expect redistricting to be an issue that we work across the aisle on, that we link arms on.’”

But Democratic Sen. Schuyler VanValkenburg, who has long championed the bipartisan redistricting commission, noted the panel still would be in charge of redistricting after the 2030 census.

“We’re not trying to end the practice of fair maps,” he said. “We are asking the voters if, in this one limited case, they want to ensure that a constitutional-norm-busting president can’t break the entire national election by twisting the arms of a few state legislatures.”

Indiana and Kansas could be next

Republican Indiana Gov. Mike Braun called a special session to begin Monday to redraw congressional districts, currently held by seven Republicans and two Democrats. But lawmakers don’t plan to begin work on that day. Although it’s unclear exactly when lawmakers will convene, state law gives the Legislature 40 days to complete a special session.

In Kansas, Republican lawmakers are trying to collect enough signatures from colleagues to call themselves into a special session on redistricting to begin Nov. 7. Senate President Ty Masterson says he has the necessary two-thirds vote in the Senate, but House Republicans have at least a few holdouts. The petition drive is necessary because Democratic Gov. Laura Kelly isn’t likely to call a session to redraw the current map that has sent three Republicans and one Democrat to the House.

Lieb, Diaz and Scolforo write for the Associated Press. Lieb reported from Jefferson City, Mo.; Scolforo from Harrisburg, Pa.; and Diaz from Richmond, Va. John Hanna in Topeka, Kan., and Isabella Volmert in Lansing, Mich., contributed to this report.

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Fenerbahce move EuroLeague games against Israeli sides over security concerns

Fenerbahce’s home EuroLeague fixtures against Israeli sides Maccabi Tel Aviv and Hapoel Tel Aviv next month have been relocated to Germany over security concerns.

The Turkish side were scheduled to host the clubs in Istanbul on 11 and 13 November, but the games will now be played in Munich on the same dates because of what Fenerbahce said were security measures implemented by Turkish authorities.

Fenerbahce said the games will be played at SAP Garden in the German city and be “open to the participation of our fans”.

The EuroLeague defending champions also had to relocate two games against Maccabi, originally scheduled to be held in Istanbul, to Lithuania last year.

Relations between Turkey and Israel have deteriorated since Israel launched a military campaign in Gaza in response to the Hamas-led attack on southern Israel on 7 October 2023.

Large anti-Israel demonstrations have taken place across Turkey since.

Last week, Fenerbahce and fellow EuroLeague side Efes Istanbul criticised the tournament organisers’ decision to allow Israeli clubs to resume playing at home from 1 December.

The Israeli teams have been playing their EuroLeague and EuroCup home games abroad since October 2023.

It is only the latest in a series of incidents where tensions surrounding the Israel-Gaza war have affected sports.

Earlier this month, a decision was made to bar Maccabi Tel Aviv football fans from attending the Europa League fixture against Aston Villa in Birmingham on 6 November on safety grounds.

Violence also broke out before Maccabi’s match against Ajax in the same competition in November last year.

There were also protests at the Israel national football team’s 2026 World Cup qualifier games in Norway and Italy this month.

Meanwhile, Israel-Premier Tech are to drop Israel from their name from next season after the cycling team, owned by Israeli-Canadian property billionaire Sylvan Adams, were at the centre of several disruptions by protesters during last month’s Vuelta a Espana in Spain.

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Taylor Sheridan to leave Paramount and will move to NBCUniversal in 2029

One of the biggest players in television is changing teams.

“Yellowstone” creator Taylor Sheridan will leave his longtime home at Paramount and move his overall deal to rival NBCUniversal in 2029, according to a person familiar with the matter who was not authorized to comment.

Sheridan’s deal with Paramount concludes at the end of 2028. Financial terms were not disclosed.

The move is a blow to Paramount, which has focused on wooing high-profile talent to the studio since its takeover by tech scion David Ellison and his Skydance Media.

The media company — which is now angling to buy Warner Bros. Discovery — has shelled out massive sums to acquire sports media rights, keep the iconic “South Park” cartoon and lure filmmakers away from competitors, including “Stranger Things” creators Matt and Ross Duffer and “A Compete Unknown” director James Mangold.

The NBC deal, first reported by Puck, will take effect in 2029.

Sheridan’s universe of “Yellowstone” shows, in particular, has been a key franchise for Paramount. Company executives specifically mentioned the creator’s shows as a “cornerstone” of the Paramount+ streaming service during a luncheon with reporters this summer.

The western-themed show, which debuted as a cable series in 2018, became one of the hottest scripted series on TV, a remarkable turnaround from its early days when “Yellowstone” was passed on by a number of potential homes before landing at Paramount.

The popularity of “Yellowstone” was a boon to Sheridan, leading to spinoffs such as “1923” and other shows from his production company including “Tulsa King,” “Landman” and “Mayor of Kingston.”

Representatives for Paramount and Sheridan did not respond immediately to a request for comment. NBCUniversal declined to comment.

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Rashford wants permanent Barcelona move from Manchester United | Football News

England international Marcus Rashford joined Barcelona on loan from childhood club Manchester United in July.

Barcelona forward Marcus Rashford says he hopes to remain at the Spanish club beyond his loan spell from Manchester United, describing the move as the change he needed after spending his entire career in England.

Barcelona are covering Rashford’s wages during this season-long loan after the Manchester-born player accepted a pay cut with an option to buy set at about 30 million euros ($35m).

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Rashford’s United contract runs through 2028, but his future at Old Trafford appears bleak after falling out with manager Ruben Amorim last year. The 27-year-old has since rediscovered his form under Barcelona coach Hansi Flick.

“For sure,” Rashford told ESPN on Thursday when asked if he wanted to remain in Barcelona. “I’m enjoying this football club, and I think for anybody who loves football, Barcelona is one of the key clubs in the history of the game. For a player it is an honour.”

The England international, who first revived his form during a short loan spell at Aston Villa last season, has gone a step further at Barcelona, scoring five goals and providing six assists in 12 appearances across all competitions.

Before what would be his first El Clasico on Sunday, Rashford said his move abroad has given him a new perspective.

“People forget this, but 23 years of my life was with Manchester United. So sometimes you just need a change. I think maybe this is the case with me, and I’m enjoying everything,” he said.

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Vance criticizes Israel’s parliament vote on West Bank annexation, says the move was an ‘insult’

Vice President JD Vance criticized on Thursday a vote in Israel’s parliament the previous day about the annexation of the occupied West Bank, saying it amounted to an “insult” and went against the Trump administration policies.

Hard-liners in the Israeli parliament had narrowly passed a symbolic preliminary vote in support of annexing the West Bank — an apparent attempt to embarrass Prime Minister Benjamin Netanyahu while Vance was still in the country.

The bill, which required only a simple majority of lawmakers present in the house on Wednesday, passed with a 25-24 vote. But it was unlikely to pass multiple rounds of voting to become law or win a majority in the 120-seat parliament. Netanyahu, who is opposed to it, also has tools to delay or defeat it.

On the tarmac of Tel Aviv’s Ben Gurion airport before departing Israel, Vance said that if the Knesset’s vote was a “political stunt, then it is a very stupid political stunt.”

“I personally take some insult to it,” Vance said. “The policy of the Trump administration is that the West Bank will not be annexed by Israel.”

Netanyahu is struggling to stave off early elections as cracks between factions in the right-wing parties, some of whom were upset over the ceasefire and the security sacrifices it required of Israel, grow more apparent.

While many members of Netanyahu’s coalition, including the Likud, support annexation, they have backed off those calls since U.S. President Trump said last month that he opposes such a move. The United Arab Emirates, a key U.S. and Israeli ally in the push to peace in Gaza, has said any annexation by Israel would be a “red line.”

The Palestinians seek the West Bank and the Gaza Strip, captured by Israel in the 1967 Mideast war, for a future independent state. Israeli annexation of the West Bank would all but bury hopes for a two-state solution between Israel and the Palestinians — the outcome supported by most of the world.

Gaza’s reconstruction and Palestinians’ return

Vance also unveiled new details about U.S. plans for Gaza, saying he expected reconstruction to begin soon in some “Hamas-free” areas of the territory but warning that rebuilding territory after a devastating two-year war could take years.

“The hope is to rebuild Rafah over the next two to three years and theoretically you could have half a million people live (there),” he said.

The war caused widespread destruction across the coastal Palestinian enclave. The United Nations in July estimated that the war generated some 61 million tons of debris in Gaza. The World Bank, the U.N. and the European Union estimated earlier this year that it would cost about $53 billion to rebuild.

The Israel-Hamas war has killed at least 68,280 Palestinians, according to the Health Ministry in Gaza, which does not distinguish between civilians and combatants in its count. The ministry maintains detailed casualty records that are seen as generally reliable by U.N. agencies and independent experts. Israel has disputed them without providing its own toll.

Intense U.S. push toward peace

Earlier this week, Vance announced the opening of a civilian military coordination center in southern Israel where some 200 U.S. troops are working alongside the Israeli military and delegations from other countries planning the stabilization and reconstruction of Gaza.

The U.S. is seeking support from other allies, especially Gulf Arab nations, to create an international stabilization force to be deployed to Gaza and train a Palestinian force.

“We’d like to see Palestinian police forces in Gaza that are not Hamas and that are going to do a good job, but those still have to be trained and equipped,” U.S. Secretary of State Marco Rubio said ahead of his trip to Israel.

Rubio, who is to meet with Netanyahu later on Thursday, also criticized Israeli far-right lawmakers’ effort to push for the annexation of the West Bank.

Israeli media referred to the nonstop parade of American officials visiting to ensure Israel holds up its side of the fragile ceasefire as “Bibi-sitting.” The term, utilizing Netanyahu’s nickname of Bibi, refers to an old campaign ad when Netanyahu positioned himself as the “Bibi-sitter” whom voters could trust with their kids.

In Gaza, a dire need for medical care

In the first medical evacuation since the ceasefire began on Oct. 10, the head of the World Health Organization said Thursday the group has evacuated 41 critical patients and 145 companions out of the Gaza Strip.

In a statement posted to X, Tedros Adhanom Ghebreyesus called on nations to show solidarity and help some 15,000 patients who are still waiting for approval to receive medical care outside Gaza.

His calls were echoed by an official with the U.N. Population Fund who on Wednesday described the “sheer devastation” that he witnessed on his most recent travel to Gaza, saying that there is no such thing as a “normal birth in Gaza now.”

Andrew Saberton, an executive director at UNFPA, told reporters how difficult the agency’s work has become due to the lack of functioning or even standing health care facilities.

“The sheer extent of the devastation looked like the set of a dystopian film. Unfortunately, it is not fiction,” he said.

Court hearing on journalists’ access to Gaza

Separately on Thursday, Israel’s Supreme Court held a hearing into whether to open the Gaza Strip to the international media and gave the state 30 days to present a new position in light of the new situation under the ceasefire.

Israel has blocked reporters from entering Gaza since the war erupted with the Hamas-led attack on Israel on Oct 7, 2023.

The Foreign Press Association, which represents dozens of international news organizations including The Associated Press, had asked the court to order the government to open the border.

In a statement after Thursday’s decision, the FPA expressed its “disappointment” and called the Israeli government’s position to deny journalists access “unacceptable.”

The court rejected a request from the FPA early in the war, due to objections by the government on security grounds. The group filed a second request for access in September 2024. The government has repeatedly delayed the case.

Palestinian journalists have covered the two-year war for international media. But like all Palestinians, they have been subject to tough restrictions on movement and shortages of food, repeatedly displaced and operated under great danger. Some 200 Palestinian journalists have been killed by Israeli fire, according to the Committee to Protect Journalists.

“It is time for Israel to lift the closure and let us do our work alongside our Palestinian colleagues,” said Tania Kraemer, chairperson of the FPA.

Brito and Lee write for the Associated Press. Lee reported from Washington. AP writers Josef Federman in Jerusalem, Melanie Lidman in Tel Aviv, Kareem Chehayeb in Beirut and Farnoush Amiri in New York contributed to this report.

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Gutsy move to increase housing and oil drilling. But not high-speed rail

Some witty person long ago gave us this immortal line: “No man’s life, liberty or property are safe while the legislature is in session.”

Humorist Will Rogers usually is credited — wrongly. Mark Twain, too, falsely.

The real author was Gideon J. Tucker, a former newspaper editor who founded the New York Daily News. He later became a state legislator and judge, and he crafted the comment in an 1866 court opinion.

Anyway, Californians are safe from further legislative harm for now. State lawmakers have gone home for the year after passing 917 bills. Gov. Gavin Newsom signed 794 (87%) and vetoed 123 (13%).

I’m not aware of any person’s life being jeopardized. Well, maybe after the lawmakers and governor cut back Medi-Cal healthcare for undocumented immigrants to save money.

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One could argue — and many interests did — that what the Legislature did to increase housing availability made some existing residential neighborhoods less safe from congestion and possible declining property values.

But kudos to the lawmakers and governor for enacting major housing legislation that should have been passed years ago.

Public pressure generated by unaffordable costs — both for homebuyers and renters — spurred the politicians into significant action to remove regulatory barriers and encourage much more development. The goal is to close the gap between short supply and high demand.

But legislative passage was achieved over stiff opposition from some cities — especially Los Angeles — that objected to loss of local control.

“It’s a touchy issue that affects zoning and is always going to be controversial,” says state Sen. Scott Wiener (D-San Francisco), who finessed through a bill that will allow construction of residential high-rises up to nine stories near transit hubs such as light-rail and bus stations. The measure overrides local zoning ordinances.

Wiener had been trying unsuccessfully for eight years to get similar legislation passed. Finally, a fire was lit under legislators by their constituents.

“The public understands we’ve screwed ourselves by making it so hard to build homes,” Wiener says.

But to win support, he had to accept tons of exceptions. For example, the bill will affect only counties with at least 15 passenger rail stations. There are eight: Los Angeles, Orange, San Diego, San Francisco, San Mateo, Santa Clara, Alameda and Sacramento.

“Over time it will have a big effect, but it’s going to be gradual,” Wiener says.

Dan Dunmoyer, who heads the California Building Industry Assn., calls it “a positive step in the right direction.”

Yes, and that direction is up rather than sideways. California could accommodate a cherished ranch-house lifestyle when the population was only a third or half the nearly 40 million people it is today. But sprawling horizontally has become impossibly pricey for too many and also resulted in long smog-spewing commutes and risky encroachment into wildfire country.

Dozens of housing bills were passed and signed this year, ranging from minutia to major.

The Legislature continued to peck away at the much-abused California Environmental Quality Act (CEQA). Opponents of projects have used the act to block construction for reasons other than environmental protection. Local NIMBYs — ”Not in my backyard” — have resisted neighborhood growth. Businesses have tried to avoid competition. Unions have practiced “greenmail” by threatening lawsuits unless developers signed labor agreements.

Another Wiener bill narrowed CEQA requirements for commercial housing construction. It also exempted from CEQA a bunch of nonresidental projects, including health clinics, manufacturing facilities and child-care centers.

A bill by Assemblymember Buffy Wicks (D-Oakland) exempted most urban infill housing projects from CEQA.

You can’t argue that the Legislature wasn’t productive this year. But you can spar over whether some of the production was a mistake. Some bills were both good and bad. That’s the nature of compromise in a functioning democracy.

One example: The state’s complex cap-and-trade program was extended beyond 2030 to 2045. That’s probably a good thing. It’s funded by businesses buying permits to emit greenhouse gases and pays for lots of clean energy projects.

But a questionable major piece of that legislation — demanded by Newsom — was a 20-year, $1-billion annual commitment of cap-and-trade money for California’s disappointing bullet train project.

The project was sold to voters in 2008 as a high-speed rail line connecting Los Angeles and San Francisco. It’s $100 billion over budget and far behind its promised 2020 completion. No tracks have even been laid. The new infusion of cap-and-trade money will merely pay for the initial 171-mile section between Merced and Bakersfield, which the state vows to open by 2033. Hot darn!

Newsom muscled through the bill at the last moment. The Legislature should have taken more time to study the project’s future.

One gutsy thing Democratic legislators and the governor did — given that “oil,” among the left, has become the new hated pejorative sidekick of “tobacco” — was to permit production of 2,000 more wells annually in oil-rich Kern County.

It was part of a compromise: Drilling in federal offshore waters was made more difficult by tightening pipeline regulations.

Credit the persistent Sen. Shannon Grove, a conservative Republican from Bakersfield who is adept at working across the aisle.

“Kern County knows how to produce energy,” she told colleagues during the Senate floor debate, citing not only oil but wind, solar and battery storage. “We are the experts. We are not the enemy.”

But what mostly motivated Newsom and legislators was the threat of even higher gas prices as two large California oil refineries prepare to shut down. Most Democrats agreed that the politically smart move was to allow more oil production, even as the state attempts to transcend entirely to clean energy.

Let’s not forget the most important bill the Legislature annually passes: the state budget. This year’s totaled $325 billion and allegedly covered a $15-billion deficit through borrowing, a few cuts and numerous gimmicks.

Nonpartisan Legislative Analyst Gabriel Petek last week projected deficit spending of up to $25 billion annually for the next three years.

In California, no state bank account is safe when the Legislature is in session.

What else you should be reading

The must-read: Sen. Scott Wiener to run for congressional seat held by Rep. Nancy Pelosi
California vs. Trump: Federal troops in San Francisco? Locals, leaders scoff at Trump’s plan
The L.A. Times Special: One of O.C.’s loudest pro-immigrant politicians is one of the unlikeliest

Until next week,
George Skelton


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Master of the Game : Sen. Byrd’s Deals to Move Jobs to West Virginia Outrage Colleagues

The very first thing you notice about the senior senator from West Virginia is that voice.

There is no doubt about it: Robert C. Byrd has the best voice in Washington.

It’s a deep yet tremulous 74-year-old voice that seems to descend upon the listener from on high, as if Byrd is somewhere above you, uttering eternal truths that are immediately being hammered into granite.

As he talks, Byrd dances through the octaves, carefully playing with his articulation of each vowel and consonant, surrounding his audience in the sweet darkness of sound.

Long, crafted pauses break his sentences, and during those silent moments time seems suspended; Byrd is then like nothing so much as a Shakespearean actor warming to the task.

The thought occurs that America is a safer place because Robert Byrd went into politics rather than into door-to-door sales.

Or is it?

“My voice, a political tool? I have never used my voice as a political tool,” insists Byrd in the sliding baritone that he has so often utilized as a political tool.

As he speaks, Byrd’s ornate Victorian-Era office in the Capitol Building is transformed into a personal stage. Beneath murals glorifying the Republic, Byrd paces the room, moves toward a shaft of sunlight and strikes a heroic pose beside a tall window.

He is a short, compact man, but his size belies the power of his presence. With his carefully coiffed silver hair, his high forehead and piercing eyes, and impeccably dressed in a vested dark suit, Byrd has the look of an important person not to be messed with, a fundamentalist preacher or a hanging judge.

Slowly, Byrd gets down to business. He moves to his desk, opens a drawer and pulls out a large black book. It is the Bible. Byrd turns to a coffee table in front of his audience, lifts the Bible and with sudden force slams the book down.

He slaps his hand onto the Bible. “Has Robert Byrd ever twisted arms to get the CIA to move jobs to West Virginia?”

His question to himself thunders through the room.

“Has Robert Byrd twisted arms at the FBI to move jobs to West Virginia?

“I swear on the Holy Bible that I have not!”

It is a bravura performance by the Senate’s premier dramatist.

Byrd, a Democrat, is here for some serious damage control. The former Senate majority leader and current chairman of the powerful Senate Appropriations Committee is under attack as Congress returns later this month, and he wants to get his side told.

The charge that Byrd is answering: that he has used his sway over the appropriations process, the flow of money, in the Senate to move–no, his real foes would say steal–thousands upon thousands of government jobs and take them to his depressed Mountain State.

Byrd’s pork-barrel deals have prompted the kind of shock and outrage from his colleagues that has rarely been seen here since Jimmy Stewart filibustered Claude Rains’ crooked dam project in “Mr. Smith Goes to Washington.”

“Everyone in this body knows what’s going on,” Rep. Frank R. Wolf (R-Va.) warned darkly in a recent emotional rebuke to Byrd on the floor of the House. “We all know what’s taken place. I believe that actions like this . . . are disgraceful.”

Byrd’s efforts to move FBI and CIA facilities and thousands of jobs to West Virginia–immediately transforming rural hamlets there into international centers of law enforcement and intelligence gathering–have drawn special fire.

The attacks have come from such diverse sources as right-wing House Minority Whip Newt Gingrich (“It makes no sense at all except as a pure abuse of power,” Gingrich blasted) to Tom Clancy, best-selling novelist and friend of the CIA (“The Duke of West Virginia,” Clancy wrote in The Washington Post, “. . . is taking serfs from one fiefdom and moving them to another–his–in return for which he will deign to grant favors to those willing to support his legislative kidnaping”).

To be sure, pork has never gone out of style in Washington. There is a good reason, after all, why Congress seems so reluctant to cut the bloated defense budget, even after the collapse of the Soviet Evil Empire; it’s because the Pentagon and the nation’s military contractors have been so efficient at spreading their largess (factories and jobs) throughout almost every congressional district in the country.

So when others in Congress say they are shocked–shocked!–to find pork-barrel politics going on, their protestations may be just a wee bit disingenuous.

Still, Byrd has been catching flak because he seems to have gone beyond the pale, the accepted norms of pork. At least by the standards of modern Washington, that is, where special interests usually bring home the bacon through less showy practices–and without leaving so many tracks.

Indeed, perhaps Byrd’s biggest mistake was that he failed to follow convention and work through a bunch of shadowy lobbyists; he has instead done pork the old-fashioned way–by dint of his brute power over the legislative process.

Byrd denies that he has abused his power or exerted undue pressure to persuade federal agencies to locate jobs and facilities in West Virginia, yet he remains quite open in his desire to do more for his state.

He has, in fact, publicly devoted himself and the remainder of his Senate career to the cause of stimulating the moribund West Virginia economy through a massive injection of government money and jobs. He even set a goal: to bring $1 billion home with him in the space of five years.

He has already exceeded that objective in just three years, and the way he has gone about it is a lesson in congressional power.

In 1989, Byrd surprised official Washington by stepping down as Senate majority leader to become chairman of the Senate Appropriations Committee. To most political pundits, it was a puzzling move; after all, as majority leader Byrd was a national figure. He was trading in the status of statesman for the grubby world of an obscure committee post, and few outside the Senate saw the logic in it.

Yet Byrd, a senator since 1959 (and a congressman even before that, dating to 1953) understood where real power lay in Congress.

At least the kind of power that was useful to West Virginia.

A master of parliamentary procedure and a self-taught expert on the history of the Senate, Byrd knew that while the highly visible majority leader could control the scheduling and the legislative pace in the Senate, the real substance of the Senate’s business was conducted at the committee level. Arguably the most powerful committee of all was Appropriations; while other panels could create new programs, Appropriations controlled all the money to run those programs.

“I had been in the leadership for 22 years, and that’s a long time,” Byrd says. “I had been spending all my time on the floor and on matters affecting the nation. I felt it was time to move on. I’m glad I walked away from it.”

And so, after a career in the Senate leadership, what better way to help West Virginia than to take the helm of Appropriations, where Byrd would be in a position to pick and choose which government spending programs to ship back home?

Today, Byrd doesn’t deny the obvious benefits his committee post offers West Virginia. What is good for West Virginia, Byrd explains, is good for America.

“Naturally, my state is part of this union. A highway in West Virginia versus another state . . . one shouldn’t look at it as if it is a highway in Mexico. All of these states are part of the same country.” Byrd adds that others shouldn’t begrudge West Virginia. Quoting Daniel Webster, he notes: “We don’t put lines of latitude on what public works do or don’t benefit us.”

The result: By last fall, more than $500 million in proposed federal spending for West Virginia for fiscal 1992 alone was moving through the Appropriations process in the Senate, according to Congressional Quarterly, a Washington journal that tracks Congress. A list of Byrd’s West Virginia-bound pork, compiled by Congressional Quarterly in the middle of the fall’s congressional session, was impressive; it ranged from $165 million in highway improvements to $600,000 in research grants for the study of a replacement for lime fertilizer.

More visible projects included the transfer of a 90-worker data processing division of the Bureau of Alcohol, Tobacco and Firearms; an Internal Revenue Service center employing 300, and a 700-worker office of the Bureau of Public Debt.

But his greatest coup was the FBI’s national fingerprinting laboratory, bringing as many as 2,600 workers to Clarksburg, W.Va.

Byrd didn’t win so much for his depressed home state by relying on friendships with his fellow senators; on the contrary, he has been successful almost exclusively because of the power of his position and his unrivaled grasp of the legislative process in the Senate–and in spite of the fact that many of his colleagues view him as cold and aloof.

“I don’t have close friends in the Senate,” Byrd quietly acknowledges. He adds, with a measure of pride: “I don’t socialize with anybody. I haven’t played a round of golf in my life.”

But with few allies to rely on, Byrd’s West Virginia-first campaign finally ran aground late in 1991 in the face of mounting congressional opposition. Thus, when Byrd tried to take the CIA, or at least a big chunk of it, to West Virginia, the rest of Congress put its foot down.

The CIA and Byrd had earlier agreed to transfer 3,000 workers to a new CIA office center to be built in West Virginia, consolidating a series of smaller offices scattered throughout the Washington area.

But this time, Byrd’s critics had seen enough.

Quickly, the House Intelligence Committee labeled the plan a “covert action.” Condemnation spilled out of Congress: “If this wasn’t so pathetic, it would be funny,” complained Rep. David O’B. Martin (R-N.Y.).

Wolf, a Republican from the northern Virginia suburbs of Washington whose district includes CIA headquarters, noted that Byrd’s actions would mean the agency would have to change its name to the “Decentralized Intelligence Agency.”

Eventually, the full House defied Byrd and has at least temporarily blocked the move.

In the face of so much criticism, Byrd repeatedly has insisted that the CIA followed a legitimate site selection process in choosing West Virginia; he also stresses that he believes his honor was impugned in the House debate over the CIA project.

How has he responded to such personal attacks?

He insists–dramatically, of course–that he remains above the fray.

“Those are innuendoes, willful misrepresentations of the facts,” Byrd says.

The lawyerly words flow slowly but steadily, as if he is pulling warm licorice from his mouth.

“I have turned my cheek to all of the innuendoes,” Byrd says.

He says again, more emphatically: “I have turned my cheek.”

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The S&P 500 Is Poised to Do Something That’s Only Happened 11 Times in 100 Years — and It Could Signal a Big Move for the Stock Market in 2026

The third time just might be the charm for investors.

Is past and present stock market performance a good predictor of how the market will perform in the future? It can be sometimes. Otherwise, no one would bother incorporating historical stock data into models that attempt to project future performance.

With that in mind, investors might want to pay attention to what’s going on now with the S&P 500 (^GSPC 1.56%) in relation to what it’s done in years past. The benchmark index is poised to do something that’s only happened 11 times in 100 years. And it could signal a big move for the stock market in 2026.

A person wearing glasses that are reflecting stock charts.

Image source: Getty Images.

The third time’s the charm

The S&P 500 soared 26% in 2023. It followed with a 25% gain in 2024. As of the market close on Oct. 10, 2025, the S&P is up a little over 11%. As things stand right now, it’s on course to finish the year with a double-digit percentage gain for the third consecutive year.

Such an achievement is rarer than you might think. Over the last 100 years, the S&P 500 has delivered double-digit returns for three consecutive years only 11 times. Technically, the index has only existed in its current form, including 500 companies, for 68 years. However, the S&P 500’s predecessor — the S&P 90 — dates back to 1926.

Granted, the stock market could end 2025 on a negative note. President Trump’s latest threat of additional 100% tariffs on all Chinese imports, on top of 30% tariffs already in place, is causing significant angst among investors.

It doesn’t help matters that the S&P 500 has been trading at record highs. The Buffett indicator, a ratio of total U.S. stock market capitalization to GDP, is well above a level that its namesake, legendary investor Warren Buffett, has said was “playing with fire.”

However, even if the S&P 500 falls over the next few weeks, a rebound to get the index back into double-digit gain territory would still be quite possible. Stocks often enjoy momentum at the end of a year thanks to a phenomenon known as the Santa Claus rally.

A history of big moves following three double-digit years

What could a third consecutive year of double-digit gains for the S&P 500 potentially mean for stocks in 2026? History shows that big moves often follow.

In three of the 11 cases over the last 100 years where the S&P jumped by double digits for three years in a row, the trend soon came to an abrupt end. For example, the S&P 500’s predecessor began with a bang in 1926, racking up three back-to-back double-digit returns. However, any student of history knows what happened in 1929: The stock market crash in October of that year brought a screeching halt to the previous momentum. The S&P finished the year down 8% and continued to decline for the next three years.

More recently, the index generated strong double-digit returns in 2019, 2020, and 2021. But the S&P 500 plunged 18% in 2022 as the Federal Reserve cranked up interest rates.

In four of the 11 cases, though, the strong momentum extended into a fourth year. The first occurrence came during World War II. The S&P soared 20% in 1942, followed by a gain of nearly 26% in 1943 and a 36% jump in 1944. The best was yet to come, with the index skyrocketing 36% in 1945 as the war ended.

Another great example of a three-year streak continuing into a fourth year was during the heady dot-com boom of the 1990s. The S&P 500 delivered returns of 22% or more in 1995, 1996, and 1997. It slowed only slightly in 1998, with a nice gain of 21%.

^SPX Chart

^SPX data by YCharts

How will the S&P 500 perform in 2026?

History shows that big moves are common after three consecutive years of double-digit gains by the S&P 500. Unfortunately, stocks tumble nearly as often as they jump in the following year. How will the S&P 500 perform in 2026? It’s impossible to know for sure.

What is possible to know, though, is that the S&P 500 has always risen over the long term in the past. The Rolling Stones weren’t talking about the stock market when they sang “Time Is on My Side,” but their premise definitely applies to investing. Regardless of what the S&P 500 does next year, investors who maintain a long-term perspective are likely to make money.

Keith Speights has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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Man Utd ‘interested in Jobe Bellingham and could make move after difficult Dortmund start with Amorim a fan’

MANCHESTER UNITED are one of multiple Premier League clubs interested in Jobe Bellingham, younger brother of Real Madrid star Jude.

Bellingham, 20, followed in his brother’s footsteps when he left newly-promoted Sunderland to join German giants Borussia Dortmund in the summer.

Jobe Bellingham of Borussia Dortmund reacts following a Bundesliga match.

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Jobe Bellingham has emerged as a target for Manchester UnitedCredit: Getty
Jobe Bellingham of England running with the ball during a UEFA European Under-21 Championship Qualifier match.

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Bellingham is an England youth internationalCredit: Getty

But now, according to reports from German outlet Bild, the midfielder’s next move could bring him back to the UK.

The highly-rated prospect has struggled to find minutes under manager Niko Kovac after starting in the opening two games of the season.

He has played just 74 minutes in the four league games since those games, and could grow frustrated at the lack of opportunities at the club, having been the main man at Sunderland last season.

These frustrations didn’t take long to boil over, with Jobe’s father Mark Bellingham reportedly storming to the dressing room to confront club officials after the youngster was substituted at half-time in their season opener against St Pauli.

The fallout from the scene saw the families of all players banned from the dressing room at Signal Iduna Park.

And it was not the only distraction affecting the youngster off the field, following news emerging on Monday that Mark and Jobe’s mother Denise Bellingham have appeared to separate after more than twenty years together.

United would pose an interesting option for the Stourbridge native to rekindle his meteoric rise, with their midfield struggles being one of their biggest issues under Ruben Amorim this season.

There is a sense that despite having much left to prove on the biggest stages, Bellingham could make an instant impact at Old Trafford.

CASINO SPECIAL – BEST CASINO BONUSES FROM £10 DEPOSITS

Sunderland AFC statistics for Jobe Bellingham, an attacking midfielder, for the 2024-25 season.

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However, if game time is the deal-breaker in Dortmund, then tales such as that of the consistently snubbed teenager Kobbie Mainoo could be a warning sign to steer clear.

Bellingham joined the Germans in summer for a fee of £27million, and it is hard to picture the Red Devils getting him for anything less than that.

Jude Bellingham spends quality time with his mother away from the football pitch

Another club interested in the England youth international’s services is reportedly Crystal Palace, who were also interested in him while he was with the Black Cats.

Palace have been excellent this season, sitting four places above United in sixth, despite having European football to contend with.

He could partner Eagles starlet Adam Wharton, or potentially open the door for an exit for the 21-year-old, who United are also interested in.

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Should You Buy and Hold Ford Stock to Beat the Market? History Says That’s Not a Brilliant Move.

The stock’s ultra-cheap valuation might entice investors looking to score big returns.

Ford (F -0.65%) impressed investors when it reported that U.S. unit sales jumped 8.2% year over year in the third quarter (ended Sept. 30). Key models are doing very well, like the F-Series pickup trucks, Mustang Mach-E, Expedition, and Bronco. The momentum is partly why shares have done well this year, rising 15% (as of Oct.10).

But can this auto stock beat the market for buy-and-hold investors? History provides a clear answer.

Ford front grill with Ford logo.

Image source: Getty Images.

Investors shouldn’t expect outsized long-term returns from Ford

In the past 10- and 20-year periods, Ford shares have generated total returns of 33% and 150%, respectively. These gains failed to exceed that of the S&P 500 index. And it’s not even close.

The disappointing performance likely won’t reverse course as we look to the next 10 or 20 years. Low growth, weak margins, huge capital expenditures, and cyclicality describe Ford’s business. It’s not controversial to say that this isn’t a high-quality company.

Ford shares might always trade at a cheap valuation

Ford’s valuation is dirt cheap. The market is offering the stock at a forward price-to-earnings ratio of 9, which makes the dividend yield hefty at 5.26%. This might look like a compelling opportunity.

However, there’s no reason to assume that the market will expand Ford’s valuation in the years ahead. Fast growth, wide margins, capital-light business models, and durable demand trends are traits that investors reward. Ford just doesn’t fit the bill.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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Big Money Move: NextEra Energy Soars to Fund’s Top Holding After $4 Million Buy, According to Recent Filing

Ausbil Investment Management Ltd disclosed a purchase of approximately $4.31 million in NextEra Energy (NEE -0.50%) shares, according to an SEC filing for the period ended September 30, 2025.

What Happened

According to a filing with the Securities and Exchange Commission dated October 08, 2025, Ausbil increased its position in NextEra Energy by 58,977 shares during the quarter. The fund held 140,270 shares, worth $11.04 million as of quarter-end.

What Else to Know

Fund bought shares, bringing its NextEra Energy stake to 5.9% of reportable AUM

Top holdings after the filing:

  • NEE: $11.04 million (5.9% of AUM) as of September 30, 2025
  • NSC: $10.08 million (5.4% of AUM) as of September 30, 2025
  • CSX: $10.06 million (5.4% of AUM) as of September 30, 2025
  • LNG: $7.71 million (4.1% of AUM) as of September 30, 2025
  • ES: $7.32 million (3.9% of AUM) as of September 30, 2025

As of October 8, 2025, shares were priced at $84.04, up 4.4% in the past year, underperforming the S&P 500 by 10.65 percentage points over the same period.

Company Overview

Metric Value
Revenue (TTM) $25.90 billion
Net Income (TTM) $5.92 billion
Dividend Yield 2.64%
Price (as of market close 10/08/25) $84.04

Company Snapshot

NextEra Energy generates, transmits, and distributes electric power through wind, solar, nuclear, coal, and natural gas facilities, with a growing portfolio in renewable energy and battery storage projects.

The company operates a regulated utility business and develops long-term contracted clean energy assets, earning revenue primarily from electricity sales and energy infrastructure services.

It serves about 11 million people through roughly 5.7 million customer accounts on the east and lower west coasts of Florida as of December 31, 2021.

NextEra Energy, Inc. is a leading North American utility and renewable energy provider with significant scale and a diversified generation portfolio. Its strategic focus on renewables and grid modernization positions it as a key player in the transition to sustainable energy.

Foolish Take

Ausbil Investment Management’s decision to acquire more than $4.3 million worth of NextEra Energy stock looks like a big bet on a stock that has underperformed the benchmark S&P 500 over the last year. Bear in mind, following this purchase, NextEra Energy is now Ausbil’s largest single position. The stock now represents nearly 6% of its total AUM, meaning the portfolio managers have strong conviction in NextEra’s potential.

Nevertheless, NextEra’s three-year performance isn’t anything to write home about. Shares have generated a three-year total return of only 18%, which equates to a compound annual growth rate (CAGR) of 5.8%. Meanwhile, the S&P 500 has generated a total return of 90% over that same period and a CAGR of 23.8%.

In other words, this is a notable buy, as it shows at least one large institutional money manager is making a significant bet on NextEra stock. Given the company’s key role within the North American utility industry and its focus on renewables and sustainable energy, investors who are seeking exposure to the utility sector may be well served by giving NextEra stock a closer look.

That said, NextEra’s chronic underperformance versus the S&P 500 should also be taken into account. No institutional move should ever be the sole reason for buying or selling a stock, and while this move is significant, NextEra stock still has much to prove.

Glossary

13F reportable AUM: Assets under management reported by institutional investment managers on SEC Form 13F, covering certain U.S. securities.
Dividend Yield: Annual dividends per share divided by the share price, expressed as a percentage.
Regulated utility: A utility company whose rates and operations are overseen by government agencies to protect consumers.
Long-term contracted clean energy assets: Renewable energy projects with multi-year agreements to sell electricity at set prices.
Grid modernization: Upgrading electric power infrastructure to improve reliability, efficiency, and support for renewable energy.
Battery storage projects: Facilities that store electricity for later use, helping balance supply and demand on the grid.
Stake: The ownership interest or shareholding an investor holds in a company.
Trailing the S&P 500: Underperforming the S&P 500 index over a specified period.
TTM: The 12-month period ending with the most recent quarterly report.
Quarter-end: The last day of a fiscal quarter, used for financial reporting and valuation.
Contracted revenue: Income guaranteed by signed agreements, often over multiple years.

Jake Lerch has positions in Norfolk Southern. The Motley Fool has positions in and recommends Cheniere Energy and NextEra Energy. The Motley Fool has a disclosure policy.

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Victoria Beckham’s daughter Harper is set to follow in her mum’s footsteps as she makes huge business move

VICTORIA Beckham’s daughter Harper is set to follow in her footsteps and become a beauty entrepreneur.

It comes after the fashion designer, 51, hinted that 14-year-old Harper could become the next Kylie Jenner.

Victoria Beckham and Harper Seven sitting on a green velvet couch.

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The 14-year-old could become the next Kylie JennerCredit: instagram/victoriabeckham
Harper Beckham in a pink and white dress and Victoria Beckham in a black dress.

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Harper has been increasingly popping up on her mum’s social media feedCredit: Instagram

Earlier this month the HIKU BY Harper, the proposed name for the skincare and beauty brand, was filed under two trademark applications by the business Victoria incorporated for Harper, H7B Limited, matching the teenager’s full name, Harper Seven Beckham.

A source said: “Harper loves fashion and make-up and has already started doing make-up tutorials. 

“The plan is to create a brand aimed at the younger market, taking inspiration for pop culture and Korean beauty.

The Beckhams are incredibly encouraging parents when it comes to their kids’ talents and exploring their hobbies and business ideas.  They’re a very entrepreneurial family.”

Harper has been increasingly popping up on mum Victoria’s Instagram feed and even set up her own account earlier this year.

Victoria said: “Harper is going to be one of two things. She’s either going to be a beauty mogul or she’s going to be a stand-up. She is hilarious.”

Last year Harper, who has been stepping out in custom-made dresses by her mother’s VB label, spoke publicly for the first time to present Victoria with a prestigious award for entrepreneurship, on behalf of Harper’s Bazaar magazine at its annual Women of the Year event.

She said: “I’m so nervous. Especially as tonight’s a school night. Hopefully this isn’t going to get me in trouble.

“My amazing mummy has built an incredible business from the ground up and has shown me the value of working hard.

“But above all, she’s taught me to always be kind and, even though she has a million things to do, she rarely misses school.”

Victoria Beckham left in tears as David shares emotional video after Netflix doc launch

Harper is still being made to do her homework in addition to her online make-up tutorials alongside her mum.

Victoria chooses to lead by example, instilling a work ethic into each of her four children.

While eldest son Brooklyn, 26, is forging a career with his own hot sauce company Stateside, former footballer Romeo is successfully modelling.

She told The Sun: “I mean, I feel sorry for these kids that are considered nepo-babies.

“The kids are simply the kids of their parents.

“It’s not their fault. Give them a chance.

“What matters is that people are good and kind.

“It is fine to be ambitious, but it is more important to be kind.”

Hiku by Harper makeup company logo.

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Hiku By Harper is the proposed name for the skincare and beauty brandCredit: hiku
Victoria and Harper Beckham outdoors.

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Victoria and David instil a good work ethic into each of her four childrenCredit: Instagram @victoriabeckham
Victoria Beckham and Harper Beckham posing outdoors at night, surrounded by candles.

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Victoria says she ‘feels sorry’ for kids that are considered ‘nepo-babies’Credit: instagram/victoriabeckham
Victoria Beckham and Harper Beckham together.

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The youngster could turn a business into the next huge beauty brandCredit: Instagram/@victoriabeckham

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A Place In The Sun boss warns don’t apply for show if you can’t make one ‘genuine’ move

There is one very strict rule for would-be homebuyers applying to take part in the long-running Channel 4 show, producer Siobhan O’Gorman has revealed

Siobhan O’Gorman, the TV producer who leads the A Place In The Sun team, has lifted the lid on how the hit Channel 4 show picks would-be house buyers to appear on the series.

She points out that some things have changed a lot since A Place In The Sun first aired 25 years ago: “The first-ever episode 25 years ago featured a couple looking for a holiday home in the French Pyrenees with a budget of £40,000,’ she told the Daily Mail. “That wasn’t a bad budget then, but today you wouldn’t get much for that.”

But other aspects are still very much the same, Siobhan adds: “We need to be sure every applicant is in a position to put in a genuine offer,” she says. “We have great relationships with estate agents all over Europe and beyond, so it’s important to maintain that.”

While something like two-thirds of applicants are hoping for a new home in Spain, many others get in touch with dreams of finding properties in Cyprus, Portugal and Greece.

“But we’re also seeing increased interest in countries such as Croatia, Turkey and Dubai,” Siobhan says.

Wherever they want to end up, applicants start by filling in a 12-page application form. Then Siobhan and the team go through every one, to identify house-hunters who are looking for properties in the areas that align with countries that the show is planning to visit in the coming season.

The next stage is an on-camera interview to assess whether the applicants will make for good TV, and whether their aspirations are realistic.

Competition is intense, Siobhan says: “‘It’s fair to say we have at least ten applications for every show and it’s 20 for some of the more popular resorts.”

Siobhan adds: “We like to reflect a variety of budgets and areas in each country, though, so we wouldn’t do six shows with the same budget and the same wish list in Mijas Costa in Spain, but we may do two shows there with differing budgets.”

All of this behind-the-scenes work helps A Place In The Sun look smooth and well-organised on screen. However, presenter Laura Hamilton, who has been with the show since 2012, describes one incident that she playfully christened “Mudgate” where anything that could go wrong, did go wrong.

As the team were trying to help a would-be expat find a retirement home in Abruzzo, Italy, a massive downpour caused mayhem.

The team were in multiple vehicles for social distancing reasons, and one by one, each one of them become mired down in slippery mud.

“We were there for three hours and had to have tractors pull us out,” Laura recalled. “I’m known for wearing high heels on the show because I’m quite short. I remember having these ridiculously high heels on and they got caked in mud.

“House hunter Sue was “mortified,” Laura recalled, blaming herself for choosing a remote rural location that didn’t even have proper tarmac roads. house. Laura tried to reassure Sue, telling her “It’s not your fault – and I always say you’ve got to love a house come rain or shine,” to which the embarrassed homebuyer replied: “Well, I definitely don’t love this one!”

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Sunny European country that Brits move to more than any other nation

A TikTok has named the top five countries that Brits are moving to – and you’d be surprised to find out that it’s not Australia in the top choice

Spain has been revealed as the top choice for Brits looking to relocate abroad, according to a TikTok video. The reason is quite typical, but it makes a lot of sense.

The laid-back lifestyle, warmer temperatures and stunning beaches are among the main reasons why Brits are choosing Spain over other countries.

While Australia might seem like an obvious choice for many, the long distance from the UK often deters people from making the move. Spain, on the other hand, offers similar benefits to Australia but without the lengthy journey, making it easier for Brits to return home when needed.

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In 2023, approximately 93,000 Brits decided to move abroad, the TikTok video revealed. The top five destinations for Brits included Italy, France, Australia, America and of course, Spain.

Italy just made it into the top five, welcoming 6,231 Brits in 2023. The country’s beautiful coastlines, stunning scenery and delicious cuisine are among the top reasons why it’s a favourite relocation destination.

France, which is one of the closest European countries to the UK, ranked fourth, with 9,393 Brits moving there. Despite its proximity, France offers a variety of landscapes that are notably different from those in the UK, including countryside and beaches.

In third place, Australia has attracted 10,416 Brits to its shores. It’s no surprise that this far-flung destination is a favourite among Brits, with its unique culture and stunning landscapes making it a dream relocation spot.

The United States takes the second spot, with 12,648 Brits choosing to call it home. The vast landscapes and endless opportunities of this English-speaking nation are a major draw for many. The rumours of British hating Americans, and vice versa, might be a myth after all.

And bagging the top spot is Spain, with 13,113 Brits swapping their UK homes for the sunny European country. According to the latest available data, there are around 293,000 to 300,000 registered British expats in Spain. Popular cities include Barcelona, Madrid, Valencia, Tenerife and Benidorm.

With its enviable lifestyle and proximity to the UK, it’s no wonder Spain is the number one choice for Brits looking to relocate – and it’s totally understandable!

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Gold climbs above $4,000 in a record move – what is behind the rally?


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Gold prices continue to climb as investors look for a safe place to park their capital during a moment of geopolitical uncertainty, with the US government shutdown entering its second week.

The precious metal has gained more than 55% this year, and market analysts say investors aren’t solely focused on its ability to protect against inflation.

“While stock markets have generally done well this year, gold has been a superstar,” said Russ Mould, investment director at AJ Bell.

“Traditionally, investors would load up on the shiny stuff when markets look gloomy, not when they’re motoring ahead. It shows that investors are hedging their bets, particularly as there are growing concerns that euphoria around AI has gone too far and the bubble could burst at some point.”

Gold sales often rise sharply when investors seek secure investments for their money and can’t find viable options in the stock market.

Even before the government shutdown in the US, gold saw dramatic gains as President Donald Trump’s barrage of tariffs threw the global economy into limbo.

More recently, falling interest rates have further boosted gold’s attractiveness, as interest-bearing investments promise lower returns.

Other precious metals have also risen in value amid the uncertainty. Silver futures are up over 65% since January, trading above $48 per ounce on Wednesday morning in Europe.

Why are prices going up?

Much of the recent economic turmoil stems from Trump’s trade wars.

Since the start of 2025, steep new duties imposed on goods coming into the US from around the world have strained businesses and consumers alike — inflating costs and weakening the job market. Due to higher costs and an uncertain outlook, hiring has plunged, and an increasing number of consumers are expressing pessimism about the US’ economic outlook.

A government shutdown in Washington has added to those anxieties. Key economic data has been delayed, leaving investors in the dark about the true state of the US economy.

Giovanni Staunovo, commodity analyst at UBS Global Wealth Management, also explained gold’s rise by pointing to the continued weakness of the US dollar and renewed rate cuts from the Federal Reserve. Last month, the Fed cut its key interest rate by a quarter-point — and projected it would do so twice more this year.

Gold is priced in US dollars, meaning that when the currency drops in value, the metal becomes relatively cheaper for foreign buyers.

What about jewellery?

Many jewellery merchants and dealers have increasingly reported surges in customers looking to check the value of gold they own — sometimes opting to melt or sell family heirlooms to cash in on the precious metal’s rising price.

At the same time, those in the market for gold jewellery may be feeling “sticker shock” if they can’t afford certain products anymore.

Larger retailers like Pandora and Signet, whose brands include Zales and Kay Jewelers, have acknowledged these headwinds in recent earnings calls.

“If I’m a guessing man here, we will see a general price rise for the category,” Pandora CEO Alexander Lacik said in an August earnings call, pointing to rising costs of gold and silver, as well as tariffs.

Is gold worth the investment?

Advocates of investing in gold call it a “safe haven” — arguing the commodity can serve to diversify and balance your investment portfolio, as well as mitigate possible risks down the road as a hedge against rising inflation. Some also take comfort in buying something tangible that has the potential to increase in value over time.

With high investment demand, Goldman Sachs has raised its forecast for precious metals from €4,300 to €4,900 per ounce by the end of 2026.

“There is a growing trend away from the classic portfolio structure with 60% in stocks and 40% in bonds. In the current environment, it is recommended to invest about 20% in alternatives such as precious metals and cryptos,” said Alex Kuptsikevich, FxPro chief market analyst.

Still, experts caution against putting all your eggs in one basket. And not everyone agrees that gold is a good investment. Critics say gold isn’t always the inflation hedge many claim, and that there are more efficient ways to protect against potential loss of capital, such as derivative-based investments.

“Gold is perceived by many market participants as a safe-haven asset. But investors need to be aware it has a volatility of 10-15%,” Staunovo noted. He added that smaller amounts of physical gold, such as gold coins or 1-gram bars, have larger ranges between buying and selling prices.

The Commodity Futures Trade Commission has also previously warned people to be wary of investing in gold. Precious metals can be highly volatile, the commission said, and prices rise as demand goes up. This means “when economic anxiety or instability is high, the people who typically profit from precious metals are the sellers”.

The commission added that it’s also important to be cautious of potential scams and counterfeits on the market.

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Jordan Henderson had ‘tough moments’ after Saudi Arabia move

England midfielder Jordan Henderson says he has had “tough moments” since leaving Liverpool for Saudi Arabia and could “have made different decisions”.

The 35-year-old was roundly criticised for leaving Liverpool in 2023 to play for Al-Ettifaq in a country where same sex-relationships are illegal.

Henderson had been a high-profile supporter of LGBTQ+ rights and apologised for letting down or hurting anyone in the community when he left Saudi Arabia to join Ajax six months later.

Henderson missed out on Gareth Southgate’s Euro 2024 squad but is back in the Premier League with Brentford and the England squad under Thomas Tuchel.

“I don’t think it was the reason why I missed the Euros,” Henderson said. “When I was in Saudi I think I was in every camp prior to the Euros.

“Timing, with everything in hindsight, yes – maybe I would have made different decisions.

“But at the time that’s how I felt and the decision I made was for many different reasons and only I know them reasons.

“I am not going to lie, over the past couple of years I have had some tough moments. It felt like a break-up when I left Liverpool.

“Of course I’m not perfect and I’ve made mistakes in the past. Of course I will have throughout my career.

“But all I’ve ever tried to do is the right thing.”

Henderson has won 85 caps since making his England debut against France in 2010.

He is in Tuchel’s squad to play Wales and Latvia this week and feels he still has plenty to offer on the pitch.

“The most important people are the manager, the coaching staff and the players and what they think,” said Henderson.

“Ask them what they think, if I am a cheerleader when I am here. I don’t think one of the best managers in Europe would be choosing me just to do that.”

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