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EXCLUSIVE: Conservative firebrand and Republican Arizona Senate candidate Kari Lake is offering a solution to her own party following its multiple election losses last week, telling Fox News Digital that success at the polls would come to the GOP in 2024 because its voters would ‘show up’ to vote for one major name on the ballot.

‘When we get President Trump on the ticket, we get some great people who are going to put the citizens of their states and the country first,’ Lake said, just days removed from an election night that saw Republicans lose a gubernatorial race in deep-red Kentucky and Democrats winning total control of the Virginia state legislature.

‘I have faith that in 2024, people are going to show up in such massive droves because things have gotten so bad. And when President Trump’s on the ticket, they’re going to show up. He brings people out, he brings enthusiasm,’ she said.

Lake admitted more campaigning could have been done to boost the candidate’s in Tuesday’s election, but said Kentucky was always going to be a tough race for Republicans to flip considering only two GOP governors had been elected in the state over the past few decades. 

She also argued driving up voter enthusiasm in an off-election year was more difficult.

A number of Republicans attempted to blame former President Donald Trump for the losses, including his presidential primary opponent, former New Jersey Gov. Chris Christie.

‘Trump endorsed candidate Daniel Cameron loses the Governor’s race in DEEP RED Kentucky. Another loss for Trump. The losing will only end for Republicans if we rid ourselves of Donald Trump. Trump—loser in ‘18, ‘20, ‘21, ‘22 and now ‘23,’ Christie wrote on X.

Florida Gov. Ron DeSantis, another Trump opponent, joined in during Wednesday’s Republican presidential debate, saying during his opening remarks, ‘[Trump] said Republicans were gonna get tired of winning — what we saw last night, I’m sick of Republicans losing.’

When asked about that blame being placed on Trump, Lake pointed to the re-election victory of GOP Gov. Tate Reeves in Mississippi, as well as that of Louisiana Attorney General Jeff Landry, who flipped his state’s gubernatorial seat from Democrats in an election last month.

‘He got very involved in those races, and so his endorsement means a lot,’ she said.

Lake, in turn, placed some blame for the Kentucky loss on the Republican Governors Association (RGA), who she said ‘could have done a lot more’ to win. She also ripped Iowa Gov. Kim Reynolds, who chairs the organization, for being distracted with her support for DeSantis’s presidential campaign.

‘I think that was a misstep, frankly,’ she said. 

Lake also responded to criticism that Republican abortion policy also contributed to the losses, including in Ohio where a ballot initiative asking voters if the ‘right’ to an abortion should be enshrined in the state constitution was overwhelmingly approved.

‘I’m a big believer that no matter what the abortion laws are, how many weeks, whatever it is, what we need to do as Republicans and, frankly, just as citizens, is figure out why women are choosing to have abortions,’ she said.

‘Oftentimes it’s because they don’t feel they can afford their baby. And it’s tough in this economy. You know, people can’t even afford life on their own. And then you add a baby to the mix. And it’s a very scary prospect for women,’ she added.

Lake argued that Republicans should focus instead on how to help women and families in those situations, and that it could be done through tax breaks and ‘baby bonuses.’

‘I want to make sure that we’re helping women and really, truly give them choices so that they don’t make the tragic choice,’ she said.

Lake went on to cite Hungary’s significant abortion rate drop, which fell 23% from 2010-2015, and continued falling thereafter, according to government statistics. The drop reportedly happened without any introduction of new abortion restrictions, and instead came alongside the introduction of ‘pro-family’ government policies, that included defining life as beginning at conception and encouraging adoption. 

‘They cut abortions in half by empowering families, empowering women to be the parents that they could be. And I think that’s where we should be focused right now. We could cut abortions in half, and that would be absolutely wonderful to see all those beautiful babies and see all those wonderful parents who are happy that they made the choice to keep their children,’ she said.

The race for Arizona Senate is expected to be one of the most closely watched in the 2024 election cycle. Lake’s only major opponent in the Republican primary is Pinal County Sheriff Mark Lamb.

Fox News’ Aubrie Spady contributed to this report.

This post appeared first on FOX NEWS

President Biden is set to meet with Chinese President Xi Jinping this week in California— a meeting that officials hope will ease tensions in the bilateral relationship between the United States and the People’s Republic of China, and one that comes at a time in need of ‘intense diplomacy.’

The meeting is set to take place in San Francisco’s Bay Area on Wednesday Nov. 15. Senior administration officials said the specifics of the location will not be shared ‘for operational security reasons.’

The White House says Biden and Xi are expected to discuss the relationship between the United States and China, including the importance of maintaining ‘open lines of communication.’

A senior administration official said the two leaders will also discuss ‘managing competition responsibly,’ along with a range of regional, global and transnational issues, including Russia’s war in Ukraine, the Israel-Hamas war, and the growing conflicts in the Middle East.

‘There will be a conversation on North Korea about some of our concerns with respect to the relationship with Russia in Ukraine,’ a senior official said. ‘I think with respect to the Middle East, I believe that the president will underscore our desire for China to make clear in its burgeoning relationship with Iran that it is essential that Iran not seek to escalate or spread violence in the Middle East, and to warn, quite clearly, that if Iran undertakes provocative actions anywhere, that the United States is prepared to respond and respond promptly.’

The two are also expected to discuss additional ‘potentially contentious’ topics, including election interference, with Biden planning to warn Xi about potential election influence operations.

The meeting this week will be the second in-person meeting between Biden and Xi since the beginning of the Biden administration in January 2021, but the ‘seventh interaction,’ the official said.

Biden and Xi last met in Nov. 2022 on the sidelines of the G20 Summit in Bali, Indonesia, where they agreed more direct communication between U.S. and Chinese leadership was desirable. 

‘Both leaders have a long-standing relationship that began when they were both vice presidents,’ the official said. ‘They have known each other for roughly a dozen years.’ 

Officials said that in the last eight months, the Biden administration has been working to ‘restore diplomatic interaction.’ In that time period, White House National Security Advisor Jake Sullivan met with Chinese Director Wang Yi three times; Secretary of State Antony Blinken, Treasury Secretary Janet Yellen, and Commerce Secretary Gina Raimondo have traveled to Beijing; and China has sent its vice president, foreign minister and other senior officials to the United States for meetings.

‘At the start of this administration, the PRC was convinced that the United States was in terminal decline,’ the official said. ‘Around the world, there were doubts about our staying power, our economic vitality, our commitment to our allies, and the health of our democracy.’ 

The official added: ‘Much of that has changed under President Biden’s leadership.’

‘Over the last nearly three years, the administration surveyed the strategic landscape, assessed the challenge and took a series of purposeful strategic steps both at home and abroad in a diplomatic context that we think is sustaining,’ the official continued.

But the meeting between Biden and Xi Wednesday comes at a critical time— a time that Biden administration officials say is ripe for ‘high-level diplomacy.’

‘First, we are going into this meeting with game-changing investments in American strength at home through the bipartisan infrastructure law, the Chips and Science Act and the Inflation Reduction Act,’ the official explained. ‘ Second, we’re going into this meeting having deepened our alliances and partnerships abroad in ways that would have been unimaginable just a few years ago.’

The official added: ‘After investing at home and strengthening ties with allies and partners abroad, now is precisely the time for high-level diplomacy.’

The Biden administration says its approach is ‘steady and consistent.’

‘We’re not stepping back from our interests and values. We’re moving forward on them,’ a senior official said, while stressing they are ‘clear-eyed about this.’

‘We also believe that intense competition requires and demands intense diplomacy, to manage tensions and to prevent competition from verging into conflict or confrontation,’ an official said. ‘We expect China to be around and to be a major player on the world stage for the rest of our lifetimes.’

Biden administration senior officials say that the meeting keeps in line with the United States’ ‘decades of experience’ in talking to and ‘working with competitors when our interests call for it.’

‘And this meeting with President Xi is in keeping with that tradition in American statecraft,’ an official said. ‘And at this meeting, I think you can expect us to draw on that experience as we both stabilize the relationship and deliver in material, tangible ways for the American people.’

The goal of the meeting, an official said, is not to return with ‘deliverables,’ but rather to ensure the administration is ‘managing the competition, preventing the downside risk of conflict and ensuring channels of communication are open.’

One critical line of discussion, officials said, will be regarding open lines of communication between U.S. and Chinese military channels—especially in light of the Chinese surveillance balloon that traversed the continental United States in February.

‘This is absolutely critical. And when we’re talking about managing risks, about avoiding conflict, this is exactly the sort of communication we need to be having, both at senior levels of our two militaries, but also operator to operator,’ the official said. ‘The balloon comes up often in the context of the need for communications between our two sides. And I think the balloon episode underscored the difficulty we had at the time to be able to establish high level, consequential communications with Beijing.’

‘We’ve made that case persistently and consistently,’ the official continued. ‘I think you can expect the President to raise the broad parameters of ‘mil to mil’ engagement with President Xi next week.’

The official said that Biden and administration officials have raised the issue in ‘every encounter.’

‘I think it is fair to say that the Chinese have been reluctant. And so the president is going to press assertively next week,’ the official said.

This post appeared first on FOX NEWS

In the aftermath of another disappointing election night for Republicans, questions need to be asked about supposedly non-partisan get-out-the-vote (GOTV) operations Democrats are using to ensure their low-propensity voters – and only their low-propensity voters – get to the polls. 

On March 7, 2021, Executive Order on Promoting Access to Voting, President Joe Biden instructed every federal agency to submit a plan to leverage their agency’s personnel and assets to help turn out the vote. For example, agencies might use internal data to identify aid recipients who are not registered to vote, then use agency personnel to get them registered and ensure their ballot is cast and counted.  

Anyone who criticizes GOTV efforts gets accused of wanting to suppress voting. But it’s not voting to which we should object – it’s the exclusive collection of ballots from Democratic voting blocks.  

Citing the need for ‘equity,’ Biden’s order explicitly directed agencies to target Black and Native American communities, Hispanic and Latino voters, ‘civil rights and disability rights advocates,’ convicted felons, and voters who work for the federal government.  

What does each of these voting blocs have in common? As I explained in my book, ‘The Puppeteers,’ all of these groups have a long history of lopsided support for Democrats. One of the reasons the left is so good at getting low-propensity voters to the polls may be because they’ve figured out how to make taxpayers fund their GOTV operations. 

So, what did these agencies do ahead of the 2022, 2023, and the upcoming 2024 election? Taxpayers don’t get to know that. The Biden administration has refused to disclose the plans submitted by hundreds of federal agencies, claiming executive privilege prevents their release. 

Freedom of Information Act lawsuits are in the courts, but the executive privilege claim by Biden is slowing the release of the action plan. Why so secretive if it is so good and important? 

That secrecy argument is bogus on its face. But it may take ongoing lawsuits years to force their disclosure. Meanwhile Democrats are winning elections with the help of more than 2 million federal employees. 

Elections are administered by states. Federal employees are hired to administer federal programs, not to help the ruling party get out the vote to specific groups that tend to vote for the ruling party. In fact, federal employees are explicitly prohibited by law from participating in political activities. 

The 1939 Hatch Act was created to ‘ensure that federal programs are administered in a nonpartisan fashion.’ But by targeting Democratic constituencies, Biden has weaponized the whole federal government in pursuit of partisan objectives and partisan candidates. 

Biden’s approval rating is underwater on nearly every critical issue. Republicans should have the wind at their backs on the economy and inflation, on energy, on foreign policy, on border issues, on crime and many more. Yet for three cycles in a row, Republican candidates have underperformed expectations. 

The truth is the Biden administration doesn’t really want to get out all the votes. They want to get out all the Democratic voters. And it’s working very well for them. Nonprofits, unions, and now the federal government work non-stop to get out the preferred vote. 

So, what did these agencies do ahead of the 2022, 2023, and the upcoming 2024 election? Taxpayers don’t get to know that. The Biden administration has refused to disclose the plans submitted by hundreds of federal agencies, claiming executive privilege prevents their release. 

Where is the Republican infrastructure to turn out our own low propensity voters? What is the party doing to support those who are challenging the partisan deployment of federal agencies? Voters will tell you their No. 1 issue is the economy and inflation. But what lobby is out there targeting voters who care about that issue? And where is the dragnet of attorneys fighting for the integrity of the vote? 

As 2024 approaches, Republicans cannot afford to sit back and watch as Democrats vacuum up all of their low-propensity voter ballots while the GOP fights among themselves. Republicans have to get serious about challenging the left’s dominance in this area.  

It isn’t enough to be right on the issues. Winning campaigns need appealing candidates and a plan to get out the vote. This is the challenge for Republicans. 

This post appeared first on FOX NEWS

The combination of a pause in the Fed’s rate hikes and strong year-end seasonal tendencies have created an opportunity for investors to end the year on a positive note. The fly in the ointment, in the short term, could be a bad set of readings on the upcoming Consumer (CPI) and Producer (PPI) price gauges. Aside from that, the negative sentiment on Wall Street is still thick enough to push prices higher.

As I noted last week, “The stock market seems to have bottomed, as short sellers panicked and recently frightened buyers rushed back into the markets. It’s about time, as the signs of a pending reversal have been in place for the past two months, namely a slowing economy and fears about the Fed’s rate hike cycle, which have been mounting as investor’s pessimism rose to a fever pitch.”

On the other hand, Fed Chairman Powell proved once again that a few words can kill any rally, when he noted the central bank was “not confident” that inflation was fully vanquished on 11/9/23 and stocks sank. Whether that was just tough talk or a sign that he knows what the CPI and PPI numbers will show is anyone’s guess. Thankfully, the market recovered, although, as I discuss below, breadth remains weaker than one would hope for.

That said, there is no substitute for being prepared for any eventuality. For now, the trend is bullish, so here are three groups that should move higher, barring any unpleasant surprises.

It’s What’s Inside That Matters; Three Sectors Worth Watching as the Year End Rally Develops

Most investors focus on areas of the market which are exhibiting strength. That’s because, in bull markets, strength usually leads to further strength. This, of course, is the essence of momentum investing.

At the same time, it’s also useful to review the action in weak sectors, as underperformers are often future areas of value. Moreover, it’s important to know what you’re buying. Here is what I mean.

The software sector encompasses a wide swath of companies ranging from security companies to app developers, along with those in the increasingly popular AI sector. With so many companies, it’s often more practical to buy into a diversified portfolio, such as an ETF.

One such ETF is the Invesco Dynamic Software ETF (IGPT), recently renamed Invesco AI and Next Gen Software ETF, which is closing in on what could be a major breakout. But don’t let the title fool you; this ETF holds the usual large-cap tech stocks that typically rally when the tech sector moves into a rising trend, such as what is currently developing and is evident in the price chart for the Invesco QQQ Trust ETF (QQQ). QQQ holds many of the same companies, but currently trades at ten times the price of IGPT.

So, you can pay ten times more for QQQ, or get the same general market exposure via IGPT for a fraction of the price. Consider that IGPT is currently trading below $40 per share, which means you can own shares in Meta (META), Alphabet (GOOGL), Adobe (ADBE), and even NVDIA (NVDA) for a fraction of the price of each of these blue chips.

And here’s what the price chart is telling us regarding IGPT:

The ETF is back in bullish territory, as it just crossed above its 200-day moving average;Accumulation/Distribution (ADI) is moving higher after a recent consolidation as short sellers leave the scene;On Balance Volume (OBV) is in an established uptrend, as buyers come in; andA move above $36 will likely take this ETF higher, as long as the bullish trend in the technology sector remains in place.

Another bullish sector which remains undervalued is the uranium mining sector, as in the Global X Uranium ETF (URA), in which I own shares and which is a core holding at Joe Duarte in the Money Options.com. Nuclear power is slowly becoming an option for areas of the world which are trying to find a compromise between clean fuels and reliable power generation.

URA’s appeal has been boosted by the demise of the renewable power sector over the last few months, due to the expense burden and supply chain challenges required to build wind turbines. Note the difference in the performance of URA versus the First Trust ISE Global Wind Energy ETF (FAN).

For one, URA is in a bullish consolidation pattern after its recent breakout. Note the excellent support at $26, where the 50-day moving average and a large Volume-by-Price (VBP) bar continue to attract buyers. Moreover, note the bullish uptrend in OBV as buyers sneak into the shares.

Certainly, FAN is in a consolidation pattern of its own after its recent collapse. Note, however, that neither ADI or OBV have turned up yet, which means that there is currently little interest in these shares from bullish investors. On the other hand, from a contrarian standpoint, it’s not a bad idea to keep an eye on this ETF as the cycle works itself out. All it would take for this sector to bottom out would be something like a large infusion of government cash, such as what may be materializing in Europe, according to reports.

I recently recommended an ETF which is now breaking out in a big way. Join the smart money at Joe Duarte in the Money Options.com, where you can have access to this ETF and a wide variety of bullish stock picks FREE with a two-week trial subscription.

Bonds Retain Bullish Tone Ahead of Inflation Numbers

As I noted last week, bond yields have made at least a short-term top. In fact, just three weeks ago, the U.S. Ten Year note yield (TNX) hit the 5% point, an event that unhinged both stock and bond traders.

Since then, things have quieted down and TNX has settled into a trading range, with 4.5% and the 50-day moving average as the floor.

If the inflation numbers are bullish, and TNX breaks below 4.5%, expect a big move up in stocks.

Keep an eye on the SPDR S&P Homebuilders ETF (XHB), specially the $78-$80 area. If CPI and PPI are bullish and bond yields fall, XHB should rise as short sellers get squeezed. Note the improvement in ADI, as the shorts cover their bets, while OBV is still holding steady, as buyers remain patient.

I’ve recently posted several detailed articles on mortgage rates, bonds, and homebuilders at my Buy Me a Coffee page. You can access them here. For the perfect price chart set up, check out my latest Your Daily Five video here.

Market Breadth Lags Rally as Indexes Outperform

The NYSE Advance Decline line (NYAD) has bottomed out, but has yet to cross above its 50- or 200-day moving averages. So, for now, NYAD is neutral to slightly positive. If it doesn’t show a bit more pop in the next few weeks, it may signal that the rally will have short legs.

In contrast, the Nasdaq 100 Index (NDX) is nearing a breakout after rallying above its 50-day moving average. Both ADI and OBV turned higher as short sellers cover (ADI) and buyers move in (OBV). A move above 15,800-16,000 would likely extend the rally further.

The S&P 500 (SPX) is also lagging NDX, but has delivered a minor breakout above 4400. SPX is well above its 200-day moving average, returning to bullish territory after its recent dip below 4150. Moreover, it has now survived a test of the 4350 support area.

VIX is Back Below 20

The CBOE Volatility Index (VIX) is well below 20. This is bullish.

A rising VIX means traders are buying large volumes of put options. Rising put option volume from leads market makers to sell stock index futures, hedging their risk. A fall in VIX is bullish, as it means less put option buying, and it eventually leads to call buying. This causes market makers to hedge by buying stock index futures, raising the odds of higher stock prices.

To get the latest information on options trading, check out Options Trading for Dummies, now in its 4th Edition—Get Your Copy Now! Now also available in Audible audiobook format!

#1 New Release on Options Trading!

Good news! I’ve made my NYAD-Complexity – Chaos chart (featured on my YD5 videos) and a few other favorites public. You can find them here.

Joe Duarte

In The Money Options

Joe Duarte is a former money manager, an active trader, and a widely recognized independent stock market analyst since 1987. He is author of eight investment books, including the best-selling Trading Options for Dummies, rated a TOP Options Book for 2018 by Benzinga.com and now in its third edition, plus The Everything Investing in Your 20s and 30s Book and six other trading books.

The Everything Investing in Your 20s and 30s Book is available at Amazon and Barnes and Noble. It has also been recommended as a Washington Post Color of Money Book of the Month.

To receive Joe’s exclusive stock, option and ETF recommendations, in your mailbox every week visit https://joeduarteinthemoneyoptions.com/secure/order_email.asp.

Vince McMahon plans to sell a substantial chunk of his stake in TKO, the parent company of WWE, the wrestling empire founded by his father, TKO said in a release Thursday

TKO’s stock fell 5% after the closing bell Thursday. The stock closed at $84.90 during regular trading.

McMahon intends to sell 8.4 million of his shares, worth about $700 million. He owned more than 28 million shares as of August, according to a regulatory filing. The company said it and several executives are looking to buy shares from McMahon. The longtime wrestling honcho has a net worth of $2.8 billion, according to Forbes.

The move could be an indication that McMahon, 78, plans to get out of his family business, which has been the dominant player in professional wrestling for about four decades, launching the careers of Dwayne “The Rock” Johnson, John Cena and many other crossover stars.

Earlier this year, WWE merged with UFC to form TKO, which is majority owned by Endeavor Group, the talent agency and media company run by Ari Emanuel.

McMahon is executive chairman of TKO. In August, WWE said he was served with a federal grand jury subpoena related to allegations that he paid millions of dollars in hush money to women who accused him of sexual misconduct. He said at the time he has “always denied any intentional wrongdoing and continue to do so.”

He also went on medical leave in July after he had spinal surgery.

Endeavor, meanwhile, is exploring strategic alternatives as its market value hasn’t lived up to expectations since it went public in 2021. Endeavor’s biggest shareholder, investment firm Silver Lake, said it could take the company private.

This post appeared first on NBC NEWS

Americans are starting to feel like shoplifting is becoming an epidemic.

It’s becoming a mainstream worry that is contributing to fears about crime and the fate of major cities. New York City is experimenting with new ways to address shoplifting, for example, as complaints of stealing from retailers reportedly increased 77% from 2017 to 2022.

In October, former President Donald Trump said he would support shooting shoplifters, an indication that he sees those fears as a political asset.

To hear some retailers explain it, an outbreak of shoplifting, and especially “organized retail theft,” where merchandise is stolen en masse and resold online, is forcing them to close some stores and lock up merchandise elsewhere.

“We are living in a nation where stealing is no longer considered a crime, and those stealing are not criminals,” David Johnston, the vice president of asset protection and retail operations for the Washington, D.C.-based National Retail Federation, wrote in September.

But for all of the extreme statements, it’s hard to tell if there has really been a notable increase in shoplifting nationwide. Law enforcement often does not distinguish between theft from retailers and other kinds of robbery.

The broad category of larceny, however, is lower than it was before the pandemic. The Council on Criminal Justice, a nonpartisan think tank, says larceny fell 7% in the first half of 2023 compared to the same time period in 2019.

Dylan Carden and Phillip Blee, two analysts for the financial services firm William Blair & Co., say that on a national level, it looks like theft and other forms of inventory loss — which retailers call “shrink” — are just returning to normal after they fell to unusually low levels in 2020 and 2021 because of the pandemic.

But what’s happening in individual cities can be very different from a national average, and the NRF has said its members are indeed reporting more theft. Along with other retailer groups, it spent the last couple of years focusing on organized retail theft specifically.

The group points to surveys of its members to show that theft is rising. That survey data can’t be easily verified, but even so, it shows the increase in overall theft has been less dramatic than the words the NRF is using to describe the situation.

Still, its lobbying efforts resulted in a federal law that requires online sales platforms to collect and disclose some sellers’ identities. This is meant to deter the sale of stolen goods online. Some states have passed similar laws.

Now, the NRF and other groups are backing a new law that would impose harsher sentences for theft and make it easier to bring federal theft charges. Retailers say that will deter thieves, but critics argue it’s reminiscent of the government’s 1970s-era approach to combating illegal drugs, the hallmark of which featured heavy-handed policing tactics that led to mass incarceration.

Journalists have pointed out that some of the stores being closed by companies like Target do not seem to be the same stores that have experienced the most shoplifting. On the other hand, not all shoplifting is reported, and the effects of an increase in theft could be complex.

There are other factors that could contribute to greater shrink. For one, stores have generally cut back on staff, which can create more opportunities for theft. They also discourage employees from getting involved when they see someone stealing.

There’s also the increasing prevalence of self-checkout kiosks, which also create an opportunity to steal — or might push law-abiding customers to give up on a malfunctioning scanner and walk out of the store.

Carden and Blee say that shoplifting, especially “organized” stealing of items that are later flipped online, seems to have increased somewhat. And they agree that retailers may not have a lot of options. Many of them are choosing to lock up merchandise even though it costs them sales when customers choose to shop elsewhere, or give up on trying to find an employee to retrieve the items they need.

Even with that in mind, they say there are indications that companies are overstating the problem, and that in some cases, they are doing so to distract from their own mistakes.

In a report published in October, Carden and Blee wrote that even though theft is “likely elevated,” retailers could be using that to pull attention away from recent internal struggles that have hurt their businesses, like inventory problems or an overreliance on price cuts to boost sales.

“We also believe some more recent permanent store closures enacted under the cover of shrink relate to underperformance of these locations,” they said.

They added that company employees at distribution centers have more opportunities to steal merchandise than people inside stores, and those thefts are harder to trace — even though they are less dramatic than cellphone footage of “smash and grab” robberies.

“I don’t think you’ll ever hear a company tell you that employee theft is higher,” Blee told NBC News in an interview. He said stores rarely talk about that kind of theft because it makes them look like they’ve hired the wrong people and failed to keep track of their own merchandise.

Neil Saunders, the managing director at the consulting company GlobalData, told NBC News that theft has been growing, but store closures are rarely the result of theft alone, no matter what retailers may say. And because companies don’t disclose many details around shrink, there is speculation that they use it to cover for their own errors.

“In some ways, theft is a great excuse as it absolves a retailer of any responsibility as theft is somewhat outside of their control,” Saunders wrote in an email. “I don’t think anyone denies the problem of theft, it’s just that a lot more transparency and nuance is needed in the discussion.”

This post appeared first on NBC NEWS

Draymond Green’s latest ejection left plenty of confusion on the Golden State Warriors sideline.

Green, who often wears his emotions – for better or worse – on the court, found himself in the middle of an altercation Saturday with Cleveland Cavaliers star Donovan Mitchell in the third quarter in San Francisco. Though the situation was heated and the two stars continued to jaw back and forth, no punches were thrown and control was restored.

After a lengthy review by officials to determine what had happened, they came away giving Green a second technical foul, which is grounds for an automatic ejection.

Green finished the game with eight points, five rebounds and four assists in the Warriors’ 118-110 loss to the Cavs.

Why was Draymond Green suspended against the Cavaliers?

Green drew his second technical after a third quarter squabble with Mitchell, who seemed to take exception with being the recipient of a hard shove by Green one play before. As Green dribbled across midcourt, Mitchell charged at him and gave him a shove of his own. The two exchanged words as a referee and teammates stepped in to defuse the situation.

After referees reviewed to see if Mitchell’s push was worthy of a flagrant foul, the decision was made that Green – on the previous play – did in fact make contact with Mitchell after he knocked the ball away. They assessed the technical to Green, who responded by laughing in disbelief, before clapping and playing to the crowd as he made his way to the locker room. Mitchell, who was given a common foul for his shove, responded by holding up two fingers in reference to the second technical.

‘I had never heard this rule, but apparently you can retroactively call a technical from two plays before upon review,’ Warriors coach Steve Kerr said after the game. ‘There’s a lot of plays I’d like to go back to from three years ago. It was bizarre.’

‘I didn’t know you could take something from a previous play, but I guess I didn’t know the rules,’ Warriors’ Kevon Looney said.

Green’s first technical foul came in the first quarter after a dispute with the referee. He didn’t seem all that surprised to be the victim of such a strange second technical foul.

‘I am the same person that got suspended from the NBA Finals for flagrant fouls that were all called from after the game,’ Green told ESPN following the defeat. ‘Nothing surprises me.’

How many times has Draymond Green been ejected in his career?

Saturday night’s ejection was Green’s first of the season and 17th of his career. That includes regular season and playoffs combined and is the most among active players.

This post appeared first on USA TODAY

With about six minutes left in the first half against Penn State, J.J. McCarthy completed a pass for no gain to tight end Colston Loveland. He wouldn’t make another official attempt.

Playing without coach Jim Harbaugh, suspended by the Big Ten on Friday for his part in the program’s sign-stealing scandal, Michigan went run-heavy and almost run-always in a 24-15 win against Penn State.

McCarthy finished with eight attempts, completing seven for 60 yards. The Wolverines ran the ball 46 times for 227 yards, led by Blake Corum’s 145 yards and two touchdowns, and leaned on one of the nation’s top-ranked defenses in a throwback win against the first legitimate contender on this year’s schedule.

The Nittany Lions had allowed only 545 rushing yards all season before meeting the Wolverines, with just one opponent cracking the 100-yard mark and no Big Ten opponent going for more than 80 yards. Michigan ran for 418 yards on 7.6 yards per carry in last year’s 41-17 win.

Penn State finished with just 238 yards of offense on 4.2 yards per play and converted just four times on third down. Quarterback Drew Allar hit on 10 of 22 throws for 70 yards, an average of 3.2 yards per pass, with a garbage-time touchdown with two minutes left.

Michigan held the Nittany Lions at arm’s length from the start, frustrating an opponent that entered the weekend with a shot at winning the Big Ten East and playing for the conference championship despite an earlier loss to Ohio State.

So while the 24-15 final represents Michigan’s smallest margin of victory on the season — the closest score before Saturday was 24 points against Rutgers on Sept. 23 — the level of game control remained the same: Penn State had multiple chances to tie the game in the second half but never really threatened the Wolverines, who had answers for everything the Nittany Lions brought to the table.

That’s going to impress the College Football Playoff selection committee. But how will this group treat Harbaugh’s suspension? Going off the on-field performance, the win at Penn State continues to paint the Wolverines as one of the best teams in the Bowl Subdivision and a uniquely constructed contender for the national championship.

Michigan and the Nittany Lions lead Saturday’s biggest winners and losers:

Winners

Georgia

All-America tight end Brock Bowers was back for Georgia after missing only two games with an injured ankle and, to almost zero surprise, made an immediate impact with 34 receiving yards and a touchdown. Whether coincidence or not, Bowers’ return came in top-ranked Georgia’s most convincing result of the season, a 52-17 shelling of Mississippi that saw the Bulldogs look the part of a team chasing college football history. The defense started slow, giving up a pair of 75-yard touchdown drives in the first quarter and early second, before holding Jaxson Dart and the Rebels scoreless the rest of the way. Offensively, Carson Beck threw for 306 yards, Kendall Milton ran for 127 yards and two scores and the Bulldogs had at least 200 yards through the air and on the ground for the second time this year and the 13th time since the start of the 2021 season.

Florida State and Washington

The two top playoff contenders escaped upsets to remain unbeaten. Jordan Travis threw for 265 yards and a touchdown to help Florida State beat Miami 27-20 and secure back-to-back 10-win seasons for the first time since 2016-17. While Travis made another Heisman Trophy statement, Miami freshman Emory Williams completed 8 of 23 throws for 175 yards and two scores before being injured on the Hurricanes’ final drive; former starter Tyler Van Dyke replaced Williams and was intercepted to end the game. Washington survived another close call, this time with a 35-28 win against Utah that saw the defense clamp down and hold the Utes scoreless in the second half. The win will improve the Huskies’ reputation with the selection committee but won’t be enough to move them into Tuesday’s top four.

Missouri

Missouri was seen as a borderline bowl team in August, maybe as a seven-win team coming out of September and now, after trouncing Tennessee 36-7 in a crucial SEC East matchup, is probably headed for a New Year’s Six bowl barring a collapse in its last two games against Florida and Arkansas. The win against the Volunteers featured another terrific game from running back Cody Schrader, a deserving all-SEC pick and All-America contender who had 205 rushing yards, 116 receiving yards and a touchdown. At 8-2 with losses to LSU and Georgia, the Tigers have very nice wins against Kansas State and Tennessee to help compile the résumé needed to finish around the top 10 of the final playoff rankings.

Marvin Harrison Jr.

Ohio State’s superstar wide receiver had a Heisman-worthy game in the Buckeyes’ 38-3 blowout of overmatched Michigan State, pulling down seven passes for 149 yards with three touchdowns, one coming on a 19-yard run for the game’s first score. Harrison gave up some ground in the Heisman amid OSU’s slow start on offense in September, allowing Washington quarterback Michael Penix Jr. and others to move to the front of the race. But that’s changed since October: Harrison has at least 100 receiving yards in six of his past seven games and has at least one score in each of his last six. This run matches up with increased production from quarterback Kyle McCord, who had 335 yards and three touchdowns against the Spartans.

Virginia Tech

Virginia Tech has made major in-season strides in coach Brent Pry’s second year and is on the doorstep of a bowl bid after a 48-22 takedown of Boston College that stands as one of the top performances in recent program history. The Hokies had 600 yards of offense, the program’s most in a game since 2009 and the most on the road against a Power Five opponent since gaining 675 yards against Pittsburgh in 1993, and the 48 points were Tech’s second-most in an ACC road game. Winners of three of four and four of six, the Hokies need to win one of two against North Carolina State and Virginia to get back to bowl play for the first time in two years; taking two of three, including the bowl game, would lock down the program’s first winning finish since 2019.

Clemson

Better late than never for Clemson, which has looked the part of a Top 25 team the past two weeks after heading into November a shocking 4-4. After running all over Notre Dame last Saturday, the Tigers racked up a season-high 465 yards of offense against FBS competition and rolled to a 42-21 win against Georgia Tech. Will Shipley was back at running back after missing the game against the Fighting Irish and had 107 yards of total offense, Phil Mafah had a team-high 96 yards on 17 carries and quarterback Cade Klubnik tossed a career-high four touchdowns, playing his best game of an uneven sophomore season that hasn’t gone as expected in ACC play. Defensively, the Tigers held the league’s second-best offense by yards per game to just 254 yards with four turnovers.

Auburn

You wouldn’t call it pretty. But this has quietly been a successful year for new Auburn coach Hugh Freeze, who has the Tigers in bowl play and likely headed for a winning record after a 48-10 thrashing of Arkansas. This is Auburn’s third win in a row after going 0-4 to start SEC play and its most lopsided league win since topping LSU by 37 points, 48-11, in 2020. Now, let’s be honest about one thing: Arkansas is a pitiful mess. But the Tigers dominated on both sides, doubling up the Razorbacks in yardage (517 to 255) and averaging 6.4 yards per carry.

Central Florida

The what-the-hell-just-happened score of the day: UCF 45, Oklahoma State 3. The Cowboys had won five in a row after dropping to 2-2 in September and were on track for an unexpected Big 12 championship game appearance behind a major star turn from running back Ollie Gordon, who has muscled into the Heisman race after a slow start. On the other hand, UCF had not hit the ground running as first-year members of the Power Five, with its only Big 12 win coming against fellow newcomer Cincinnati. But the Knights were dominant: John Rhys Plumlee had 373 yards of total offense, RJ Harvey ran for 206 yards and three scores, four receivers had at least one catch of 37 or more yards and Gordon had just 25 yards on 12 carries with a long of 5 yards.

Losers

Florida

Florida’s defense is painful to watch and the offense isn’t nearly good enough to pick up the slack. The result is a team that’s average at best and very often worse, as during a 52-35 loss to LSU that served as quarterback Jayden Daniels’ latest Heisman showcase and left the Gators in very real danger of a second losing season in a row under coach Billy Napier. Most of the Tigers’ 701 yards of offense came from Daniels, who put together one of the most complete games in FBS history with 372 passing yards, 234 rushing yards and five touchdowns. (He’s the first Bowl Subdivision player to throw for at least 350 yards and run for 200 in the same game.) Daniels’ opposite number, Graham Mertz, threw for 311 yards and a score but wasn’t able to keep pace with Daniels and the Tigers. Florida is now 5-5 with only one good win (Tennessee) and faces the real possibility of missing out on bowl play altogether with games at Missouri and home for FSU to close the regular season.

Wisconsin

After losing 24-10 to Northwestern — honestly, it wasn’t even that close — Wisconsin has dropped four of five games and lost any real chance of playing for the Big Ten championship in coach Luke Fickell’s debut season. From here, given the state of this offense, the goal should be simply securing bowl eligibility in two games against teams also clawing for that sixth win without any offensive punch in Nebraska and Minnesota. The Badgers haven’t missed the postseason since 2001 and haven’t won fewer than four league games in a non-COVID season since 2008.

James Franklin

Saturday’s loss drops Franklin to 4-16 against Ohio State and Michigan, once again highlighting the major flaw in his tenure: the inability to get PSU past these two Big Ten heavyweights and over the hump. Overall, the Nittany Lions are 19-0 since the start of last season against every opponent but the Buckeyes and Wolverines. That facts looms over the program even as Penn State prepares for a 10-win regular season and a possible New Year’s Six bowl depending on whether or not the Big Ten champion reaches the playoff.

Colorado

Colorado led Arizona 24-17 after two quarters but slumped against one of the top second-half teams in the FBS and lost 34-31 on a 24-yard field goal as time expired, putting the Buffaloes’ already flimsy bowl hopes on serious life support. Now 4-6, CU closes the regular season with road games against Washington State and Utah — the first one pretty winnable given the Cougars’ recent swoon, the second much less so. The defense allowed more than 400 yards for the eighth time, including at least 195 rushing yards for the third game in a row. But the offensive line did a better job protecting quarterback Shedeur Sanders, who threw for 262 yards, ran for a team-best 42 yards and had three combined touchdowns.

Vanderbilt

Vanderbilt: still terrible. The Commodores gave up 487 yards and lost 47-6 to South Carolina to fall to 2-9 overall and 0-7 in the SEC heading into the season finale against Tennessee on Nov. 25. A loss there would drop coach Clark Lea to 9-27 over three seasons and mark Vanderbilt’s third winless finish in SEC play in the past four years.

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Even when you play for John Wooden, you have regrets.

It took Andy Hill 25 years after leaving his college campus to realize how much Wooden meant to him. Those were lost years in which he could have learned even more from the late UCLA men’s basketball coach.

‘I’m the butt of the joke,’ Hill, a little-used guard on three Bruins national championship teams in the early 1970s, tells USA TODAY Sports. ‘I’m the laugh of the punch line. Twenty-five years? Really?’

Hill thought Wooden didn’t care much about him because he was a reserve. He was more stern father than coach.

It’s true that Wooden paid more attention to his starters than his bench players. But when Hill allowed himself to open his eyes to the bigger picture, he realized Wooden was instructing all of his players equally.

After Hill became president of CBS Productions, he realized his most valuable life lessons came from his coach. That’s when he reached back out to Wooden … 2½ decades later.

He and ‘Coach’, as Hill always recalled Wooden, collaborated on a top-selling book on leadership, ‘Be Quick – But Don’t Hurry!’ That was in 2001, and the men continued an enduring friendship until Wooden died at 99 in 2010.

As they grew closer, Hill told his coach he thought Wooden didn’t give him enough attention when they were at UCLA. ‘I’m really sorry,’ Wooden replied. ‘I should have done better.’

Wooden, UCLA’s coach from 1948-1975, believed part of the definition of success is you never quite get there. The journey of self-discovery is more important, and each day was an opportunity to get better, not just to win.

‘Wooh, he was a curious guy,’ Hill, now 73, said in our interview last week. ‘He was always looking to find out about people, which is why, most of the time, when I would take people over to his apartment after breakfast, and I’d walk ’em out, they’d start to cry. Almost every one of them. ‘Wow, John Wooden was asking me all these questions?’ … He knew more about them than they knew about him.’

More than 13 years after Wooden’s death, one wonders what the coach who won a record 10 Division I men’s basketball national titles (twice as many as Mike Krzyzewski) would think of today’s sports landscape? Amateurs are monetized and the desire to win outweighs teaching players the proper manner in which to go about it – and that’s just at the youth level.

We can still listen to Wooden. We can think of sports, particularly youth sports, as a journey to discover strong characteristics about ourselves; the focus should not just be on the end results.

Here are five tips Wooden embodied that could empower your young athlete in today’s sports world:

1. Your character matters more than your reputation

I thought about Wooden when we got home from my son’s 14-and-under baseball tournament in Maryland last weekend. I had watched a hitter on the other team, at the instruction of his coach, call timeout to tie his shoes and adjust his batting gloves for at least 30 seconds.

This would be a fairly ordinary move unless you consider the fact that youth travel baseball is timed, and the umpire had just announced there were five minutes left in the game. This team was stalling to kill the rest of the clock because it was ahead.

Baseball, of course, isn’t timed in this manner in high school, college or the pros. And yet stalling when ahead is a practice I have seen a number of times in both of my son’s pre-high school baseball careers.

I related this story to Hill, who told me one of his life’s disappointments was not creating a certification process for coaches of youth sports based on Wooden’s teachings.

‘Most people who coach kids are frustrated former athletes or people who didn’t quite make it, and they really don’t understand what the goal is and what the job and really get no instruction in it,’ says Hill, who now watches kids sports as a grandfather. ‘And it’s sad because, as I know at 73, in those teenage years coaches have more time with your youngsters than you do. And the youngster is much more interested in what the coach has to say than what you have to say.’

What I saw in Maryland wasn’t the type of lesson Wooden had in mind when he said he was more teacher than coach. Wooden, who taught English to high schoolers in Indiana before he went to California, created what was termed the “Pyramid of Success.” The pyramid gave those under his supervision something to aspire to other than a high mark on a test or a lot of points in a game.

It stacked 25 personal traits and characteristics − from loyalty and cooperation at the bottom to competitive greatness at the top − that he thought essential for success.

These coaches at my son’s tournament perhaps weren’t officially breaking any rules, but they were violating a foundational principle of Wooden’s pyramid: Team spirit.

Team spirit is not just listening to your coaches because they say to do something. It’s listening to yourself. If you, or your teammates or parents, sense something that doesn’t seem right, it probably isn’t.

Wooden defined team spirit as ‘a genuine consideration for others. An eagerness to sacrifice personal interest of glory for the welfare of all.’

This coach’s reputation might be for winning but his character will be defined by how his team went about doing it. Don’t let your character as an athlete be defined in this way, too.

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2. In sports, and in life, you control one thing: You

If you’re playing to win without embracing the skills and habits it takes to win, you’re missing a key point: We try to win so we can get better. Getting better, not just winning, helps us make high school teams and develop life skills that help us face adversity.

Wooden equated success with putting forth one’s best effort to achieve his or her full potential, which brought peace of mind.

‘There is nothing more satisfying for a teacher than watching his students making his lessons their own,’ he said.

Game time, to Wooden, was a chance for his players to showcase how much they had learned in working toward achieving that potential.

He rarely ‘coached’ during games, preferring to sit and watch his players execute what he had thoroughly prepared them to do. For the same reason, he didn’t like to call timeouts.

If we have ingrained good lessons from our parents and coaches, we don’t need to look at those figures during games. We just need to look within ourselves.

‘When the game starts, the coach’s job is really over,’ says Hill, applying the name of one of the chapters in the book he co-wrote with Wooden. ‘Let the kid go. Empower him. Tell him you trust him. Don’t hover.’

If you look around at your kids’ games, you’ll see how many parents hover. These same parents loudly challenge the calls of umpires and referees. Let your kids influence the results of games. Don’t try and do it yourself.

3. Know how to win and how to lose …

When their ‘win’ was sealed at my son’s tournament, the other team’s players taunted ours by telling them to ‘have a nice trip home.’ They were happy, solely because they won.

How would they have reacted if they had lost? Youth and travel sports tend to be consumed by end results. Coaches of many club teams charge large fees for you to play for them; parents pay that money expecting to win.

But when we focus solely on winning, we forget the sports journey always has a winner and a loser. How you react to both situations, and react within the journey to get there, equally help shape you as an athlete and as a person.

When you know you have done your best, you can walk calmly to the other team and shake hands. Self control is another foundation of Wooden’s pyramid, and we saw it every time he sat seemingly emotionless on the bench as he observed his players, win or lose.

Remember, those players are watching the coach, too. In practice, even if he was strict, Wooden never used profanities. If your coach uses them, it doesn’t mean you have to do it, too.

‘I love Mick Cronin,’ Hill said of UCLA’s current men’s basketball coach. ‘(But) I wish Mick didn’t swear, just because I know that, ultimately, it’s not informative; it doesn’t help you as a teacher… For some reason, our sports courts are the only places where that language is still allowed. And it gives people a very false impression that they might be able to use it elsewhere… The truth of it is, actually, you can’t. You’ll get fired very, very quickly.

‘The interesting thing is, if you watch NBA games, those coaches don’t (swear at) their players at all. They’re millionaires; they can’t do that.’

4. … but like Caleb Williams, it’s OK to show emotion along the way

Late in life, when Wooden reconnected with Hill, he told him there was one trait he regretted leaving out of his pyramid: Love. Out of nowhere, Wooden once told Hill in those years that he loved him. He was learning to express himself better.

Think about USC quarterback Caleb Williams’ reaction to his team’s loss to Washington last weekend. Williams ran over to his family in the stands and leapt into their arms. He started to cry.

 ‘I love seeing Caleb Williams crying on the sidelines,’ Hill says. ‘You should care. Kid puts his heart and soul into it. And the end of the day, that’s part of what sports teaches you to do. And guess what? It also teaches you the next morning you get up and you go back to work.’

When your young athletes try their best but loses, don’t scold them for coming up short. Show them some love. Wooden would agree.

When he and Hill made appearances together, the single most asked question of the coach was: “What do you think of Bobby Knight?” Wooden was a native of the state where Knight rose to fame as a college basketball coach known for winning but also for demoralizing his players with his words, and sometimes his actions. 

‘He would do a minute and a half of the finest, down-home Indiana kiss-his-ass potpourri you have ever heard,’ Hill says of Wooden. ‘And then finish with one line: ‘I just wouldn’t want anyone I love to play for him.’ ‘

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5. The side with the best players usually wins but we need to see what happens

The opposing coach last weekend also spoke to the heavy-hitting first baseman on my son’s team. While coaching first base, he told our player he should come play for their team. You know, the winning team.

Wooden often said it himself: The team with the best players almost always wins. He also had a slew of All-Americans on his teams, including Kareem Abdul-Jabbar, Bill Walton, Sidney Wicks and Henry Bibby.

But Wooden also found many hidden gems. He didn’t just seek out players with skills, but also the temperament and ability to withstand pressure. (He also once didn’t offer a player a scholarship because he felt the player was rude to his mother during a recruiting visit.)

In youth sports, coaches often try and load up on talent in hopes of winning as many games as possible. Remember, though, if you’re playing at this level, talent doesn’t matter nearly as much as it does in college or the pros. I would argue that many of the traits that make up Wooden’s pyramid have a stronger impact when talent isn’t as dominant a factor.

Among these qualities: Enthusiasm, loyalty, friendship, industriousness, intentness, initiative, alertness, self-control, team spirit, poise and confidence.

Unranked James Madison’s men’s basketball team won on the home floor of No. 4 Michigan State by exhibiting many of these qualities. Most everyone would agree the Dukes had inferior talent.

The next time you watch a major upset in sports, think of some of Wooden’s keys that make up a successful athlete. Then consider how many of these qualities your youth team has.

If you look closely, the outcome, win or lose, is firmly in your hands.

Steve Borelli, aka Coach Steve, has been an editor and writer with USA TODAY since 1999. He spent 10 years coaching his two sons’ baseball and basketball teams. He and his wife, Colleen, are now sports parents for a high schooler and middle schooler. His column is posted weekly. For his past columns, click here.

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The New England Patriots had one last gasp within minutes to score a go-ahead touchdown Sunday against the Indianapolis Colts.

Quarterback Mac Jones was not the one behind center in an attempt to lead the offense down the field in Germany.

New England benched Jones for the final drive following an interception he threw on the previous drive. From the Colts’ 15-yard line and with the Patriots trailing 10-6, Jones took a snap on second-and-2 and targeted tight end Mike Gesicki – except the former first-round pick severely underthrew Gesicki, and Colts defensive back Julian Blackmon came up with the easy interception.

Said Jones after the game: ‘It was a terrible throw. Practiced it, hit it in practice. Just not a good throw. I knew where to go – I just didn’t do it right.’

Backup Bailey Zappe replaced Jones and the Patriots picked up two first downs. Disaster struck again for New England. Following a fake kneel attempt, Zappe threw over the middle of the field into a heavily covered area for an interception that effectively ended the game.

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After the game, Patriots coach Bill Belichick revealed little on the reasoning behind the change.

‘I just thought it was time for a change,’ said Belichick, who also refused to commit to a starting quarterback moving forward.

Belichick also would not reveal whether Jones’ health was a factor in the decision. Jones, who went into the X-ray room after the conclusion of the game, said after the game he was ‘bruised but good.’

Jones was 15-for-20 for 170 yards prior to taking a seat.

The Patriots have now lost six of their last seven games and are on track to secure a top-five pick in the 2024 NFL draft.

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