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State broadcaster Pakistan Television on Tuesday announced that it had secured domestic broadcasting rights to all Asian Cricket Council (ACC) events from 2025 to 2027. “PTV Sports proudly announces the acquisition of television rights in Pakistan for all ACC events from 2025 to 2027!” it said in a post on Instagram. It said the events included in the package were the Men’s Asia Cup 2025 and 2027, Women’s Asia Cup 2026 and the U19 and Emerging Asia Cup tournaments. The Men’s Asia Cup is scheduled to be held from September 9 to 28 at its new venue — the United…

Beau Lark | Corbis | VCG | Getty ImagesPresident Donald Trump’s “big beautiful bill” enacted trillions in tax breaks that could benefit wealthy Americans — but some will see a smaller deduction for charitable gifts starting in 2026, experts say.  When you itemize tax breaks, you can claim the charitable deduction, depending on earnings and type of asset given. But Trump’s spending package added two key changes for itemizers.Starting in 2026, there will be an itemized charitable deduction “floor,” which only allows the tax break once it exceeds 0.5% of your adjusted gross income. The new legislation also caps the benefit…

State broadcaster Pakistan Television on Tuesday announced that it had secured domestic broadcasting rights to all Asian Cricket Council (ACC) events from 2025 to 2027. “PTV Sports proudly announces the acquisition of television rights in Pakistan for all ACC events from 2025 to 2027!” it said in a post on Instagram. It said the events included in the package were the Men’s Asia Cup 2025 and 2027, Women’s Asia Cup 2026 and the U19 and Emerging Asia Cup tournaments. The Men’s Asia Cup is scheduled to be held from September 9 to 28 at its new venue — the United…

Credit card balances are ticking higher in 2025, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.Balances rose by $27 billion in the second quarter to a collective $1.21 trillion — in line with last year’s all-time high. The total is up 2.3% from the previous quarter.At the same time, “we are still seeing elevated delinquency rates for credit cards,” the New York Fed researchers found, with 6.93% of balances transitioning to delinquency over the last year.”This looks to be a little bit of catch up,” the researchers said on a press call Tuesday, in…

EUGENE: Noah Lyles surged past Kenny Bednarek to win a heated 200-metre race in a world-leading time at the USA Track and Field Championships on Sunday, turning to stare down Bednarek as the sprint rivals crossed the finish line. Lyles, the three-times world champion in the event, trailed coming off the bend but stormed to the front to cross in 19.63 seconds, the fastest time in the world this season in a huge statement ahead of next month’s World Championships in Tokyo. Bednarek — winner of Friday’s 100m — finished in 19.67, and then shoved Lyles in the back after…

LAHORE: The Pakistan Hockey Federation (PHF) has secured an extension from the International Hockey Federation (FIH) until Aug 20 to confirm the country’s participation in the upcoming FIH Pro League, as it awaits a formal response from the government regarding the provision of required funding. Speaking to reporters at the National Hockey Stadium here on Monday, PHF president Tariq Hussain Bugti said the federation had requested the FIH to extend the original Aug 12 deadline due to the pending government approval. “We asked the FIH to extend the deadline for confirming Pakistan’s participation to Aug 20 because we are still…

LAHORE: Pakistan finished 13th in the Under-19 World Volleyball Championship after defeating hosts Uzbekistan in straight sets in the positional match in Tashkent, Uzbekistan on Sunday. The visitors dominated the contest with set scores of 25-18, 25-19, 25-18, capping off a commendable campaign in the global event. Pakistan secured a total of 75 points in the match, including 35 from attacks, eight through blocks, six on serves, and benefitting from 26 errors by the opponents. Mohammad Yahya and Muhtat Ali Shah were the standout performers for Pakistan, contributing 14 and 10 points, respectively. “This is just the beginning of a…

EUGENE: Noah Lyles surged past Kenny Bednarek to win a heated 200-metre race in a world-leading time at the USA Track and Field Championships on Sunday, turning to stare down Bednarek as the sprint rivals crossed the finish line. Lyles, the three-times world champion in the event, trailed coming off the bend but stormed to the front to cross in 19.63 seconds, the fastest time in the world this season in a huge statement ahead of next month’s World Championships in Tokyo. Bednarek — winner of Friday’s 100m — finished in 19.67, and then shoved Lyles in the back after…

LAHORE: The Pakistan Hockey Federation (PHF) has secured an extension from the International Hockey Federation (FIH) until Aug 20 to confirm the country’s participation in the upcoming FIH Pro League, as it awaits a formal response from the government regarding the provision of required funding. Speaking to reporters at the National Hockey Stadium here on Monday, PHF president Tariq Hussain Bugti said the federation had requested the FIH to extend the original Aug 12 deadline due to the pending government approval. “We asked the FIH to extend the deadline for confirming Pakistan’s participation to Aug 20 because we are still…

LAHORE: Pakistan finished 13th in the Under-19 World Volleyball Championship after defeating hosts Uzbekistan in straight sets in the positional match in Tashkent, Uzbekistan on Sunday. The visitors dominated the contest with set scores of 25-18, 25-19, 25-18, capping off a commendable campaign in the global event. Pakistan secured a total of 75 points in the match, including 35 from attacks, eight through blocks, six on serves, and benefitting from 26 errors by the opponents. Mohammad Yahya and Muhtat Ali Shah were the standout performers for Pakistan, contributing 14 and 10 points, respectively. “This is just the beginning of a…