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Poll shows broad support for vaccines, rising concern over decline in childhood immunizations

Poll shows broad support for vaccines, rising concern over decline in childhood immunizations

RALEIGH, N.C. (WPTF) — A new national poll is revealing a rare point of agreement among American voters across the political spectrum: strong support for keeping FDA-approved vaccines accessible. The survey, conducted by the Partnership to Fight Infectious Disease, also highlights growing alarm over declining childhood vaccination rates in the wake of the COVID-19 pandemic.

Candace DeMatteis, Vice President of Policy and Advocacy for the organization, says the findings point to both a shared commitment to public health and a concern that momentum is slipping.

“Sixty-nine percent say they’re very concerned about declining vaccination rates in the U.S.,” said DeMatteis. “But it is important also—as our polls show—a vast majority of people do follow through on the recommendations their healthcare providers give them and they get vaccinated.”

According to the Centers for Disease Control and Prevention (CDC), childhood immunizations save around four million lives globally each year. Looking ahead, the agency estimates that the measles vaccine alone could save nearly 19 million lives by 2030, with the hepatitis B vaccine projected to save another 14 million.

Even with an overall high uptake, DeMatteis says the survey confirmed that misinformation and distrust continue to chip away at confidence in vaccines. Still, she says personal relationships with medical professionals make a key difference.

“There is a lot of mistrust, and COVID helped spread that,” said DeMatteis. “But people still do very much trust their personal healthcare provider. It makes sense—the person who knows the medicine, the science, and knows you is the one best equipped to recommend what fits you.”

The Partnership’s data also shows that support for future vaccine development remains high. Respondents overwhelmingly favored continued innovation in medical science, including the creation of new vaccines—something DeMatteis says is especially important for maintaining U.S. leadership in health and technology.

“They see the U.S. as an innovator,” she said. “North Carolina is a great example of that in terms of medical innovation, and they wanted to see that maintained. That ensures us early access and supports the jobs that come with it.”

In North Carolina, the measles vaccination rate for children currently stands at 93.8%—slightly below the CDC-recommended 95% threshold but still ahead of many other states. DeMatteis says maintaining and improving those numbers will require continued focus and public outreach.

Data from the CDC also shows that every dollar spent on immunization in low- and middle-income countries saves $52 in future healthcare costs. The cost to fully immunize a child in those regions has fallen from over $24 in 2013 to just $18 today.

As public health leaders work to counteract vaccine hesitancy and misinformation, advocates say the message is simple: staying protected saves lives—and unity around science may be one of the nation’s strongest tools moving forward.

Invasive Alabama bass threaten native fish and tournaments across North Carolina

Invasive Alabama bass threaten native fish and tournaments across North Carolina

RALEIGH, N.C. (WPTF) — A fast-spreading invasive fish is raising alarms across North Carolina—and wildlife officials say it’s already threatening some of the state’s most popular game fish. The North Carolina Wildlife Resources Commission is warning anglers to be on the lookout for Alabama bass, an aggressive species now turning up in waters far beyond where it was first spotted.

Kin Hodges, Fisheries Biologist with the Commission, says the issue isn’t just about where these fish are—but what they’re doing to native species.

“Alabama bass are a close relative of two of our most popular sport fish in the state: the largemouth bass and the smallmouth bass,” said Hodges. “And they have a unique ability to degrade the populations of both of those species to a tremendous level.”

The largemouth bass can be found statewide, while smallmouth bass are typically concentrated in North Carolina’s foothills and mountain regions. Both have long been staples of the state’s sport fishing culture—but that balance is being disrupted.

Originally detected in a lake along the North Carolina-Georgia border in the 1980s, Alabama bass seemed to remain confined to one area for years. But that changed in the early 2000s, when anglers began illegally moving them to new lakes—most notably, Lake Norman.

“They got put in Lake Norman and they took off,” said Hodges. “That seemed to really set off a chain reaction of people continuing to take them from Lake Norman and moving them to more and more lakes.”

The expansion has been swift and widespread. Alabama bass have now been reported from the mountains to the central Piedmont and even down toward the coast.

“Those are through a combination of intentional introductions where fishermen are continuing to move them and release them on purpose,” said Hodges. “But also just the fact that a lot of our lakes and dams are on river systems—so once you put them into a certain lake, they’re not going to stay there.”

Because the fish can move downstream through dams and into river systems, containing their spread has become increasingly difficult. Wildlife officials say it’s also becoming more challenging to assess just how much harm the Alabama bass are doing.

Adding to the concern is the potential economic impact—especially on North Carolina’s summer bass fishing tournaments. According to Hodges, Alabama bass tend to be smaller, which could alter the competitive landscape.

“A largemouth bass—on a good lake—a tournament fisherman might average catching three-to-four pounders,” he explained. “On your average lake with Alabama bass, that number might be one-to-two pounds.”

That kind of change matters in tournaments, where the biggest catch is everything.

As the Alabama bass continues to push into new waters, state wildlife officials are urging anglers to avoid moving fish between lakes and report any unusual catches. The commission hopes increased awareness will slow the spread of a species that’s quickly shifting the balance in North Carolina’s waterways.

Disney to pay almost $439 million to take full control of streaming service Hulu

Disney to pay almost $439 million to take full control of streaming service Hulu

By MICHELLE CHAPMAN AP Business Writer

Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service.

The move closes out an appraisal process that’s dragged on for a few years. Disney said in November 2023 that it was acquiring a 33% stake in Hulu from Comcast for at least $8.6 billion. That amount reflected Hulu’s guaranteed floor value of $27.5 billion, according to a regulatory filing.

Disney has run Hulu since 2019, when Comcast ceded its authority to Disney and effectively became a silent partner.

Hulu began in 2007 and quickly evolved into as a service backed by entertainment conglomerates who hoped to stave off the internet with an online platform for their own TV shows. Disney joined in 2009, planning to offer shows from ABC, ESPN and the Disney Channel. A decade later, Disney gained majority control of the business when it acquired 21st Century Fox.

Disney said in a regulatory filing on Monday that its appraiser arrived at a valuation below the guaranteed floor value during the initial phase of the appraisal process, while NBCUniversal’s appraiser arrived at a valuation substantially in excess of the guaranteed floor value.

A third appraiser was brought in and concluded that The Walt Disney Co. will pay $438.7 million for the Hulu stake.

“We are pleased this is finally resolved. We have had a productive partnership with NBCUniversal, and we wish them the best of luck,” Disney CEO Bob Iger said in a statement. “Completing the Hulu acquisition paves the way for a deeper and more seamless integration of Hulu’s general entertainment content with Disney+ and, soon, with ESPN’s direct-to-consumer product, providing an unrivaled value proposition for consumers.”

The transaction is anticipated to close by July 24. It’s not expected to impact Disney’s fiscal 2025 adjusted earnings forecast.

Shares of Disney rose slightly in morning trading on Tuesday.

North Carolina auto insurance rates are going up 5% on average in settlement

North Carolina auto insurance rates are going up 5% on average in settlement

RALEIGH, N.C. (AP) — North Carolina automobile insurance rates are poised to increase statewide by a 5% average this fall as part of an agreement reached between state regulators and the insurance industry.

The settlement announced on Monday by Insurance Commissioner Mike Causey is lower than the average 22.6% rate increase for private passenger vehicles that had been originally requested in February by the North Carolina Rate Bureau, which represents insurance companies. The bureau’s requested average rate in an updated March filing increased to 23%, the state Insurance Department said.

Without a settlement, the industry was headed to a scheduled Sept. 22 rate hearing in which a hearing officer would have considered the bureau’s premium rate level request. That hearing is now canceled.

The rate changes will take effect on new and renewed policies starting Oct. 1.

“With factors such as distracted driving, excessive speeding and increased automobile repair costs putting upward pressure on insurance rates, I am happy that we were able to hold the average increase to 5%,” Causey said in a news release. The automobile premium rates will remain among the lowest in the nation, the Republican elected commissioner said.

The agreement also includes an average statewide 16.3% decrease on motorcycle liability insurance rates.

The bureau’s previous rate filing in 2023 ultimately resulted in a settlement that led to an overall average 4.5% increase per year for two years.

Judge dismisses Justin Baldoni’s $400M lawsuit against ‘It Ends With Us’ costar Blake Lively

Judge dismisses Justin Baldoni’s $400M lawsuit against ‘It Ends With Us’ costar Blake Lively

By MICHAEL HILL Associated Press

A judge on Monday dismissed the lawsuit that actor and director Justin Baldoni filed against his “It Ends With Us” costar Blake Lively after she sued him last year for sexual harassment and retaliation.

U.S. District Court Judge Lewis Liman’s decision is the latest development in the bitter legal battle surrounding the dark romantic film.

Baldoni and production company Wayfarer Studios countersued in January for $400 million, accusing Lively and her husband, “Deadpool” actor Ryan Reynolds, of defamation and extortion.

The New York judge ruled that Baldoni can’t sue Lively for defamation over claims she made in her legal claim, because allegations made in a lawsuit are exempt from libel claims. Liman also ruled that Baldoni’s claims that Lively stole creative control of the film didn’t count as extortion under California law.

The judge, however, said Baldoni could revise the lawsuit if he wanted to pursue different claims related to whether Lively breached or interfered with a contract. His legal team indicated it planned to do so.

“Ms. Lively and her team’s predictable declaration of victory is false,” one of Baldoni’s lawyers, Bryan Freedman, said in a statement. He said that Lively’s claims that she was sexually harassed on the film set, and then subjected to a secret smear campaign intended to taint her reputation, were “no truer today than they were yesterday.”

“It Ends With Us,” an adaptation of Colleen Hoover’s bestselling 2016 novel that begins as a romance but takes a dark turn into domestic violence, was released in August, exceeding box office expectations with a $50 million debut. But the movie’s release was shrouded by speculation over discord between Lively and Baldoni.

The judge also dismissed Baldoni’s defamation lawsuit against The New York Times, which had reported on Lively’s sexual harassment allegations.

“Today’s opinion is a total victory and a complete vindication for Blake Lively, along with those that Justin Baldoni and the Wayfarer Parties dragged into their retaliatory lawsuit, including Ryan Reynolds, (publicist) Leslie Sloane and The New York Times,” Lively’s attorneys, Esra Hudson and Mike Gottlieb, said in a prepared statement.

The lawyers said they “look forward to the next round” of seeking attorneys’ fees, treble damages and punitive damages.

A spokesperson for The New York Times said they were “grateful to the court for seeing the lawsuit for what it was: a meritless attempt to stifle honest reporting.”

“Our journalists went out and covered carefully and fairly a story of public importance, and the court recognized that the law is designed to protect just that sort of journalism,” Charlie Stadtlander said in an emailed statement.

Lively appeared in the 2005 film “The Sisterhood of the Traveling Pants” and the TV series “Gossip Girl” from 2007 to 2012 before starring in films including “The Town” and “The Shallows.”

Baldoni starred in the TV comedy “Jane the Virgin,” directed the 2019 film “Five Feet Apart” and wrote “Man Enough,” a book challenging traditional notions of masculinity.

Dick Vitale has an extension with ESPN — and a college basketball event in his honor

Dick Vitale has an extension with ESPN — and a college basketball event in his honor

By AARON BEARD AP Basketball Writer

Dick Vitale is inextricably intertwined with college basketball, with his iconic voice, exuberant style and enthusiastic catchphrases melding into a soundtrack for nearly five decades of the sport’s history.

And the broadcasting great’s influence is sticking around next season, too, both in person on game days and through an addition to the college basketball calendar named in his honor.

ESPN announced Monday that Vitale has signed a contract through the 2027-28 season, while ESPN Events is launching the Dick Vitale Invitational — the first matchup being a season-opening tilt between Duke and Texas on Nov. 4 in Charlotte, North Carolina.

Fittingly, the announcement comes on the 86th birthday of the affectionately known “Dickie V,” and months after Vitale returned to the airwaves after being gone for two years amid a fourth battle with cancer. The Basketball Hall of Famer, also a former college and NBA coach, has been with ESPN since its 1979 launch and called the network’s first college basketball broadcast.

“So many times, awards and honors come to people after they’re long gone,” Vitale said in an interview with The Associated Press. “And to get it while you’re living is just a great, great feeling.”

Vitale’s career is built around his zeal for college basketball, one familiar for fans who have grown up watching games called by Vitale. That style is so authentically distinctive that it can come only from Vitale himself, down to his catchphrases like calling freshmen “Diaper Dandies” and imploring coaches to “better get a TO, baby!” at key moments.

“I think for a lot of people, he represents the voice of the sport,” said Clint Overby, vice president of ESPN Events. “For a lot people he embodies all that’s great about the sport. So we’re excited to do this with him and excited he agreed to participate.”

Paying tribute

Overby said discussions about a Vitale-named event had been tossed around going back years, with conversations reaching Vitale in recent months in what Vitale called “a shock.”

ESPN Events is partnering with the Charlotte Sports Foundation after they worked together previously on the Jumpman Invitational and Ally Tipoff events for men’s and women’s college basketball in Charlotte. After the Duke-Texas game, Overby said, ESPN Events will evaluate how the Invitational will evolve with scheduling, format and even the potential to involve multiple nights in multiple cities.

Overby believes it’s a worthy tribute to the man who welcomed him to college basketball as Overby watched games on TV while growing up in Wisconsin.

“I’d turn on a late-night basketball game and he would be there,” Overby said. “So for a lot of years, he was kind of my window into that world. And I’m not alone. I think he provided that voice of the sport to so many people as the sport and TV were emerging together.”

Getting back

Vitale sounds eager to get back to courtside this fall, calling it “the best medicine in the world” to join partners like Dave O’Brien and Dan Shulman.

“I feel really good,” Vitale said. “I really do.”

Vitale had surgery last summer to remove cancerous lymph nodes from his neck. He was previously treated for melanoma and lymphoma, and had radiation treatments last year for vocal cord cancer. He described feeling “trapped” afterward not being able to speak, leaving him to scribble eraser board messages to communicate.

“I tell people: ‘If you know somebody battling cancer, really take a moment, send them a text message, something encouraging, send them a prayer,” Vitale said. “Because I know what it did for me. It lifted me big time in some of my darkest moments.”

Now he calls himself “fortunate,” “blessed” and “lucky” while offering thanks to family and ESPN for supporting his recovery.

He announced he was cancer-free in December, returned Feb. 8 for Clemson’s home win against Duke, then became emotional during the Atlantic Coast Conference Tournament in March when telling colleagues live that it felt “like a miracle to sit here with you guys.”

Looking ahead

It’s among several ways cancer has touched Vitale, a longtime fundraiser for cancer research. He notably helped friend Jim Valvano to the stage at the 1993 ESPYs, where Valvano delivered his famous “Don’t give up” speech, then helped him off with now-retired Duke Hall of Fame men’s coach Mike Krzyzewski. Valvano died of adenocarcinoma less than two months later.

The V Foundation announced last month that the 20th annual gala in Vitale’s name had raised $12.5 million for pediatric cancer research in the past year and more than $105 million in its history — continuing work Vitale said “might be the greatest achievement of my life.”

As for broadcasting, Vitale said he’d love to reach the 50-year milestone with ESPN in 2029.

“I do it because I love it and I feel mentally sharp enough to do it,” Vitale said. “I would never do it if I was at a point in my life I couldn’t remember names, didn’t know players, teams, coaches, strategy. But I feel so strong about that.

“So many people would say to me, ‘Dick, you’ve made enough, you’ve had enough success, why don’t you just relax?’ They don’t realize: It is relaxing! Every game for me is relaxing!”

Black Cow

Black Cow

Black Cow

Photo by Getty Images

Black Cow Recipe from Food.

Prep time: 5 minutes

Cooking time: n/a

Serving size: 1 servings

Ingredients

  • 2 scoops vanilla ice cream
  • 1 tablespoon chocolate syrup
  • 1 1⁄2ounces whipped cream
  • 10 ounces root beer

Directions

  1. Pour root beer over ice cream and chocolate syrup in a large glass. Garnish with whipped cream and maraschino cherry.
Sly Stone, leader of funk revolutionaries Sly and the Family Stone, dies at 82

Sly Stone, leader of funk revolutionaries Sly and the Family Stone, dies at 82

By HILLEL ITALIE AP National Writer

NEW YORK (AP) — Sly Stone, the revolutionary musician and dynamic showman whose Sly and the Family Stone transformed popular music in the 1960s and ’70s and beyond with such hits as “Everyday People,” “Stand!” and “Family Affair,” died Monday at age 82

Stone, born Sylvester Stewart, had been in poor health in recent years. His publicist Carleen Donovan said Stone died in Los Angeles surrounded by family after contending with chronic obstructive pulmonary disease and other ailments.

Founded in 1966-67, Sly and the Family Stone was the first major group to include Black and white men and women, and well embodied a time when anything seemed possible — riots and assassinations, communes and love-ins. The singers screeched, chanted, crooned and hollered. The music was a blowout of frantic horns, rapid-fire guitar and locomotive rhythms, a melting pot of jazz, psychedelic rock, doo-wop, soul and the early grooves of funk.

Sly’s time on top was brief, roughly from 1968-1971, but profound. No band better captured the gravity-defying euphoria of the Woodstock era or more bravely addressed the crash which followed. From early songs as rousing as their titles — “I Want To Take You Higher,” “Stand!” — to the sober aftermath of “Family Affair” and “Runnin’ Away,” Sly and the Family Stone spoke for a generation whether or not it liked what they had to say.

Stone’s group began as a Bay Area sextet featuring Sly on keyboards, Larry Graham on bass; Sly’s brother, Freddie, on guitar; sister Rose on vocals; Cynthia Robinson and Jerry Martini horns and Greg Errico on drums. They debuted with the album “A Whole New Thing” and earned the title with their breakthrough single, “Dance to the Music.” It hit the top 10 in April 1968, the week the Rev. Martin Luther King was murdered, and helped launch an era when the polish of Motown and the understatement of Stax suddenly seemed of another time.

Led by Sly Stone, with his leather jumpsuits and goggle shades, mile-wide grin and mile-high Afro, the band dazzled in 1969 at the Woodstock festival and set a new pace on the radio. “Everyday People,” “I Wanna Take You Higher” and other songs were anthems of community, non-conformity and a brash and hopeful spirit, built around such catchphrases as “different strokes for different folks.” The group released five top 10 singles, three of them hitting No. 1, and three million-selling albums: “Stand!”, “There’s a Riot Goin’ On” and “Greatest Hits.”

For a time, countless performers wanted to look and sound like Sly and the Family Stone. The Jackson Five’s breakthrough hit, “I Want You Back,” and the Temptations’ “I Can’t Get Next to You” were among the many songs from the late 1960s that mimicked Sly’s vocal and instrumental arrangements. Miles Davis’ landmark blend of jazz, rock and funk, “Bitches Brew,” was inspired in part by Sly, while fellow jazz artist Herbie Hancock even named a song after him.

“He had a way of talking, moving from playful to earnest at will. He had a look, belts, and hats and jewelry,” Questlove wrote in the foreword to Stone’s memoir, “Thank You (Falettinme Be Mice Elf Agin),” named for one of his biggest hits and published through Questlove’s imprint in 2023. “He was a special case, cooler than everything around him by a factor of infinity.”

In 2025, Questlove released the documentary “Sly Lives! (aka The Burden of Black Genius).”

Sly’s influence has endured for decades. The top funk artist of the 1970s, Parliament-Funkadelic creator George Clinton, was a Stone disciple. Prince, Rick James and the Black Eyed Peas were among the many performers from the 1980s and after shaped in part by Sly, and countless hip-hop artists have sampled his riffs, from the Beastie Boys to Dr. Dre and Snoop Dogg. A 2005 tribute record included Maroon 5, John Legend and the Roots.

“Sly did so many things so well that he turned my head all the way around,” Clinton once wrote. “He could create polished R&B that sounded like it came from an act that had gigged at clubs for years, and then in the next breath he could be as psychedelic as the heaviest rock band.”

A dream dies, a career burns away

By the early ’70s, Stone himself was beginning a descent from which he never recovered, driven by the pressures of fame and the added burden of Black fame. His record company was anxious for more hits, while the Black Panthers were pressing him to drop the white members from his group. After moving from the Bay Area to Los Angeles in 1970, he became increasingly hooked on cocaine and erratic in his behavior. A promised album, “The Incredible and Unpredictable Sly and the Family Stone” (“The most optimistic of all,” Rolling Stone reported) never appeared. He became notorious for being late to concerts or not showing up at all, often leaving “other band members waiting backstage for hours wondering whether he was going to show up or not,” according to Stone biographer Joel Selvin.

Around the country, separatism and paranoia were setting in. As a turn of the calendar, and as a state of mind, the ’60s were over. “The possibility of possibility was leaking out,” Stone later explained in his memoir.

On “Thank You (Falettinme Be Mice Elf Agin),” Stone had warned: “Dying young is hard to take/selling out is harder.” Late in 1971, he released “There’s a Riot Going On,” one of the grimmest, most uncompromising records ever to top the album charts. The sound was dense and murky (Sly was among the first musicians to use drum machines), the mood reflective (“Family Affair”), fearful (“Runnin’ Away”) and despairing: “Time, they say, is the answer — but I don’t believe it,” Sly sings on “Time.” The fast, funky pace of the original “Thank You (Falettinme Be Mice Elf Agin)” was slowed, stretched and retitled “Thank You For Talkin’ to Me, Africa.”

The running time of the title track was 0:00.

“It is Muzak with its finger on the trigger,” critic Greil Marcus called the album.

“Riot” highlighted an extraordinary run of blunt, hard-hitting records by Black artists, from the Stevie Wonder single “Superstition” to Marvin Gaye’s “What’s Going On” album, to which “Riot” was an unofficial response. But Stone seemed to back away from the nightmare he had related. He was reluctant to perform material from “Riot” in concert and softened the mood on the acclaimed 1973 album “Fresh,” which did feature a cover of “Que Sera Sera,” the wistful Doris Day song reworked into a rueful testament to fate’s upper hand.

By the end of the decade, Sly and the Family Stone had broken up and Sly was releasing solo records with such unmet promises as “Heard You Missed Me, Well I’m Back” and “Back On the Right Track.” Most of the news he made over the following decades was of drug busts, financial troubles and mishaps on stage. Sly and the Family Stone was inducted into the Rock & Roll of Fame in 1993 and honored in 2006 at the Grammy Awards, but Sly released just one album after the early ’80s, “I’m Back! Family & Friends,” much of it updated recordings of his old hits.

He would allege he had hundreds of unreleased songs and did collaborate on occasion with Clinton, who would recall how Stone “could just be sitting there doing nothing and then open his eyes and shock you with a lyric so brilliant that it was obvious no one had ever thought of it before.”

Sly Stone had three children, including a daughter with Cynthia Robinson, and was married once — briefly and very publicly. In 1974, he and actor Kathy Silva wed on stage at Madison Square Garden, an event that inspired an 11,000-word story in The New Yorker. Sly and Silva soon divorced.

A born musician, a born uniter

He was born Sylvester Stewart in Denton, Texas, and raised in Vallejo, California, the second of five children in a close, religious family. Sylvester became “Sly” by accident, when a teacher mistakenly spelled his name “Slyvester.”

He loved performing so much that his mother alleged he would cry if the congregation in church didn’t respond when he sang before it. He was so gifted and ambitious that by age 4 he had sung on stage at a Sam Cooke show and by age 11 had mastered several instruments and recorded a gospel song with his siblings. He was so committed to the races working together that in his teens and early 20s he was playing in local bands that included Black and white members and was becoming known around the Bay Area as a deejay equally willing to play the Beatles and rhythm and blues acts.

Through his radio connections, he produced some of the top San Francisco bands, including the Great Society, Grace Slick’s group before she joined the Jefferson Airplane. Along with an early mentor and champion, San Francisco deejay Tom “Big Daddy” Donahue, he worked on rhythm and blues hits (Bobby Freeman’s “C’mon and Swim”) and the Beau Brummels’ Beatle-esque “Laugh, Laugh.” Meanwhile, he was putting together his own group, recruiting family members and local musicians and settling on the name Sly and the Family Stone.

“A Whole New Thing” came out in 1967, soon followed by the single “Dance to the Music,” in which each member was granted a moment of introduction as the song rightly proclaimed a “brand new beat.” In December 1968, the group appeared on “The Ed Sullivan Show” and performed a medley that included “Dance to the Music” and “Everyday People.” Before the set began, Sly turned to the audience and recited a brief passage from his song “Are You Ready”:

“Don’t hate the Black,

don’t hate the white,

if you get bitten,

just hate the bite.”

US stocks drift higher as trade talks start with China in hopes of avoiding a recession

US stocks drift higher as trade talks start with China in hopes of avoiding a recession

By STAN CHOE AP Business Writer

NEW YORK (AP) — U.S. stocks drifted through a quiet Monday as the world’s two largest economies began talks on trade that could help avoid a recession.

The S&P 500 edged up by 0.1% and is within 2.3% of its record, which was set in February. The Dow Jones Industrial Average slipped by 1 point, which is well below 0.1%, and the Nasdaq composite added 0.3%.

Officials from the United States and China met in London to talk about a range of different disputes that are separating them. The hope is that they can eventually reach a deal that will lower each’s punishing level of tariffs against the other, which are currently on pause, so that the flow of everything from tiny tech gadgets to enormous machinery can continue.

Hopes that President Donald Trump will lower his tariffs after reaching such trade deals with countries around the world have been among the main reasons the S&P 500 has rallied so furiously since dropping roughly 20% from its record two months ago. It’s back above where it was when Trump shocked financial markets in April with his wide-ranging tariff announcement on what he called “Liberation Day.”

This may be the shortest sell-off following a shock of heightened volatility on record, according to Parag Thatte, Binky Chadha and other strategists at Deutsche Bank. Typically, stocks take around two months to bottom following a spike in volatility and then another four to five months to recover their losses. This time around, stocks have basically made a round trip in less than two months.

But nothing is assured, of course, and that helped keep trading relatively quiet on Wall Street Monday.

Some of the market’s biggest moves came from the announcement of big buyout deals. Qualcomm rallied 4.1% after saying it agreed to buy Alphawave Semi in a deal valued at $2.4 billion. IonQ, meanwhile, rose 2.7% after the quantum computing and networking company said it agreed to purchase Oxford Ionics for nearly $1.08 billion.

On the losing side of Wall Street was Warner Bros. Discovery, which flipped from a big early gain to a loss of 3% after saying it would split into two companies. One will get Warner Bros. Television, HBO Max and other studio brands, while the other will hold onto CNN, TNT Sports and other entertainment, sports and news television brands around the world, along with some digital products.

Tesla recovered some of its sharp, recent drop. The electric vehicle company tumbled last week as Elon Musk’s relationship with Trump broke apart, and it rose 4.6% Monday after flipping between gains and losses earlier in the day.

The frayed relationship could end up damaging Musk’s other companies that get contracts from the U.S. government, such as SpaceX. Rocket Lab, a space company that could pick up business at SpaceX’s expense, rose 2.5%.

All told, the S&P 500 rose 5.52 points to 6,005.88. The Dow Jones Industrial Average slipped 1.11 to 42,761.76, and the Nasdaq composite rose 61.28 to 19,591.24.

In stock markets abroad, indexes were modestly lower in Europe after rising across much of Asia.

Chinese markets climbed even though the government reported that exports slowed in May, growing 4.8% from a year earlier after jumping more than 8% in April. China also reported that consumer prices fell 0.1% in May from a year earlier, marking the fourth consecutive month of deflation.

Stocks rallied 1.6% in Hong Kong and rose 0.4% in Shanghai.

In the bond market, the yield on the 10-year Treasury eased to 4.48% from 4.51% late Friday. It fell after a survey by the Federal Reserve Bank of New York found that consumers’ expectations for coming inflation eased a bit in May.

That provides some relief for the Fed, which has been keeping its main interest rate steady as it waits to see how much Trump’s tariffs will raise inflation and how much they will hurt the economy. A persistent increase in expectations for inflation among U.S. households could drive behavior that creates a vicious cycle that only worsens inflation.

Economists expect a report coming on Wednesday to show inflation across the country accelerated last month to 2.5% from 2.3%.

___

AP Writer Jiang Junzhe contributed.

College sports commissioners laud $2.8B antitrust settlement, call for Congress to act

College sports commissioners laud $2.8B antitrust settlement, call for Congress to act

By ERIC OLSON AP College Football Writer

Conference commissioners lauded a judge’s approval of a $2.8 billion antitrust lawsuit settlement as a means for bringing stability and fairness to an out-of-control college athletics industry but acknowledged there would be growing pains in implementing its terms.

In a 30-minute virtual news conference Monday, commissioners of the ACC, Big Ten, Big 12, Pac-12 and SEC renewed their call for congressional action to supplement and even codify the settlement and emphasized that cooperation at every level of college sports would be necessary to make it work.

They said it was too early to address how violators of rules surrounding revenue sharing and name, image and likeness agreements would be punished and noted newly hired College Sports Commission CEO Bryan Seeley would play a major role in determining penalties.

The new era of college athletics has arrived after U.S. District Judge Claudia Wilken gave final approval Friday night to what’s known as House vs. NCAA. Beginning July 1, each school can share up to about $20.5 million with their athletes and third-party NIL deals worth $600 or more will be analyzed to make sure they pay appropriate “market value” for the services being provided by athletes.

Some of the topics addressed Monday:

Binding conferences to terms

The conferences drafted a document that would bind institutions to enforcement policies even if their state laws are contradictory. It would require schools to waive their right to pursue legal challenges against the CSC. It also would exempt the commission from lawsuits from member schools over enforcement decisions, instead offering arbitration as the main settlement option.

Consequences for not signing the agreement would include risking the loss of league membership and participation against other teams from the Power Four conferences.

Big 12 Commissioner Brett Yormark said the document remains a work in progress but that he’s gotten no pushback from his schools.

“I look to get that executed here in short order,” he said, “and know it will be very necessary for all the conferences to execute as well.”

Directives on revenue sharing

There has been no directive given to individual schools on how to determine the allocation of revenue-sharing payments, commissioners said. It’s widely acknowledged that athletes in football and basketball are expected to receive the majority of the money.

“I know for all five of us no one is forgetting about their Olympic sports and continuing to make sure we’ve invested a high level for all of our sports,” ACC Commissioner Jim Phillips said.

College Sports Commission CEO

The commissioners said Seeley, as Major League Baseball executive vice president of legal and operations, was uniquely qualified to lead the CSC, which is charged with making sure schools adhere to the rules.

“Culture doesn’t change overnight,” Seeley told The Athletic over the weekend. “I don’t expect that to happen overnight, but I do think that the schools that have signed on to the settlement want rules and want rules to be enforced. Otherwise they wouldn’t have signed on to the settlement. I think student-athletes want a different system. So I think there is a desire for rules enforcement. There’s a desire for transparency.”

Sankey said Seeley is well-versed in areas of implementation, development and adjustment of rules and in NIL disputes requiring arbitration.

Yormark said: “You want people not to run away from a situation but to run to a situation. He ran here, and he’s very passionate to make a difference and to course correct what’s been going on in the industry.”

Skepticism about enforcement

Deloitte’s “NIL Go” program and LBI Software will track NIL deals and revenue-sharing contracts, and the commissioners shot down skepticism about the ability of those tools to enforce terms of the settlement. SEC Commissioner Greg Sankey said football and basketball coaches he spoke with in February were unanimous in wanting regulation.

“They have the responsibility to make what they asked for work,” he said.

Congressional action

NCAA President Charlie Baker has been pushing Congress for a limited antitrust exemption that would protect college sports from another series of lawsuits, and the commissioners want a uniform federal NIL law that would supersede wide-ranging state laws.

“We’re not going to have Final Fours and College Football Playoffs and College World Series with 50 different standards,” Sankey said, “so that’s a starting point.”

Big Ten Commissioner Tony Petitti said the willingness of administrators to modernize the college athletics model should prompt federal lawmakers to move on codifying the settlement.

Sankey’s meeting with Trump

Sankey confirmed a Yahoo Sports report that he and Notre Dame athletic director Pete Bevacqua played golf with President Donald Trump on Sunday. Sankey said he appreciates Trump’s interest in college sports and that it was helpful to share perspectives on the path forward. Trump reportedly considered a presidential commission on college sports earlier this year.

Sankey declined to disclose details of their talks.

“I think those are best left for the moment on the golf course,” he said.

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