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Pakistani teams on Thursday displayed their prowess at the Amerigol Latam Cup ice hockey tournament in Coral Springs, Florida in the United States with the men’s team clinching the Division III championship and the women’s team claiming the Division II bronze medal in their debut appearance. The tournament is designed to showcase talent from regions where ice hockey is a growing sport and “break barriers and unite non-traditional hockey markets in a thrilling display of skill, passion, and camaraderie”, according to the organisers’ website. A press release from the National Hockey League (NHL), stated that this year’s Latam Cup features…

Federal Reserve Chair Jerome Powell said Friday that, “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”Getty Images Markets move on gaps between reality and expectations. I expect the gap that could emerge after Nvidia reports second-quarter earnings next Wednesday will move markets more than what Federal Reserve Chair Jerome Powell said on Friday in Jackson Hole, Wyoming. How so? Investors are growing worried about how much companies are investing in artificial intelligence and how few of them are getting a payoff. Unless Nvidia beats investor expectations and raises guidance, its stock could plunge.…

Matthew Breetzke slammed a superb 88 and speedster Lungi Ngidi claimed five wickets as South Africa crushed Australia by 84 runs to win the second one-day international (ODI) and the series in Mackay on Friday. The Proteas took out the opening game by a thumping 98 runs, making the third and final match on Sunday a dead rubber. World champions Australia have now lost the past five ODI series against South Africa, with their batsmen again failing to fire. After skipper Aiden Markram won the toss and opted to bat, Breetzke crunched eight fours and two sixes to continue his…

Chair of the US Federal Reserve Jerome Powell speaks during a news conference following the July 29-30 Federal Open Market Committee (FOMC) meeting in Washington, DC on July 30, 2025. Mandel Ngan | AFP | Getty ImagesFederal Reserve Chair Jerome Powell hinted at possible interest rate cuts in the near future during a speech on Friday at the central bank’s annual event in Jackson Hole, Wyoming. “The shifting balance of risks may warrant adjusting our policy stance,” Powell said.That may bode well for homeowners who have been hoping to refinance mortgages with high rates, experts say.The central bank’s benchmark rate influences…

A student studies in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesWhen the Trump administration first announced in April that it would soon resume student loan collection efforts, it said notices for wage garnishment would resume “later this summer.” It’s still a timeframe the Education Department has cited in comments, as recently as earlier this month.But with Labor Day coming up, it has yet to reveal a specific date.The department did not respond to a request for comment on the timeline of wage garnishments.”Getting these programs set…

The Bengaluru stadium where 11 cricket fans died during celebrations in June will no longer host the ICC Women’s Cricket World Cup matches including the opening game, the sport’s governing body said on Friday. The 13th edition of the women’s showpiece 50-over tournament will begin on Sept 30. Pakistan is set to play its matches in Sri Lanka following India’s refusal to travel to Pakistan for the Champions Trophy earlier this year, which resulted in a “hybrid model” being decided upon. Mumbai will instead be one of the four Indian venues for the tournament, along with the Sri Lankan capital…

Saleema Imtiaz is set for her umpiring debut in the upcoming women’s ODI series between Pakistan and South Africa in Lahore, the Pakistan Cricket Board (PCB) announced on Friday, alongside confirming other match officials for the series. Last year, Saleema became the first Pakistani female official to join ICC’s International Panel of Development Umpires, enabling her to officiate women’s bilateral international matches and ICC women’s events. The three-match One-Day International series will be staged at Lahore’s Gaddafi Stadium from September 16-22. Saleema, who is part of the ICC International Panel of Umpires will be joined by Australia’s Claire Polosak, who…

A “Now Hiring” sign hangs in the window of a hair salon in the Greater Boston town of Medford, Massachusetts, August 12, 2025.Brian Snyder | ReutersWage growth is doing something odd these days.Typically, wages grow at a faster clip each year for workers who switch jobs, compared to those who stay in their current role.That makes sense: Workers generally leave a job when they find something better for them, which often includes a higher salary, according to labor economists.But in 2025, the roles have reversed as workers, faced with a souring job market, shift from job-hopping to “job hugging” —…

Novak Djokovic hopes a selective approach to his scheduling will give him the best chance to win the US Open in his unrelenting pursuit of a record 25th Grand Slam. The 38-year-old Djokovic has not played since a comprehensive semi-final defeat by Jannik Sinner at Wimbledon last month, skipping the two main US Open warm-up events in Toronto and Cincinnati. He briefly returned to court on Tuesday for the revamped mixed doubles in New York but lasted just 43 minutes as he and partner Olga Danilovic crashed out in the first round. A four-time US Open champion, Djokovic suffered his…

Teenager Mehr Khaliq had a strong debut at the Asian Shooting Championships with a top 20 finish in the Women’s 10m Air Rifle among a field of 54 participants. She ranked 18th with a final score of 627.9 and a series breakdown of 103.2, 104.1, 104.2, 105.1, 104.8, 106.5, 627.9. Only the top eight performers make it through to the final. Mehr’s next event is 10m Air Rifle Mixed Team where she’s partnered up with Sulaiman Khan. India’s veteran markswoman Elavenil Valarivan won gold in the event with a 253.6. She claimed silver in the same event last year and…