The S&P 500 slipped 0.3% on Friday, Sept. 5, 2025, as a soft jobs report raised concerns about the U.S. economy’s growth trajectory.
Lululemon shares dropped after the athletic apparel maker reported underwhelming same-store sales and cut its outlook.
Broadcom topped quarterly estimates, highlighting strong AI demand, and shares of the chipmaker surged.
Major U.S. equities indexes lost ground Friday after the Bureau of Labor Statistics released its latest employment report.
The data showed the U.S. added fewer-than-expected jobs in August, and a downward revision to earlier estimates revealed the economy shed jobs in June, the first month of losses since 2020.
The S&P 500 slid 0.3% on the final day of the holiday-shortened trading week. The Dow was down 0.5%, while the tech-heavy Nasdaq ended the session with a fractional loss of less than 0.1%.
Lululemon Athletica (LULU) shares fell the most of any stock in the S&P 500 on Friday, plummeting 18.6%. The maker of athletic apparel posted softer-than-expected same-store sales growth for its fiscal second quarter and trimmed its full-year revenue guidance, pointing to tariff impacts and sluggish U.S. sales. Jefferies analysts suggested Lululemon could face even tougher conditions ahead, citing competitive pressures and doubts about the company’s pipeline of new designs.
Shares of Kenvue (KVUE) dropped 9.4% after The Wall Street Journal reported the Department of Health and Human Services, under the leadership of Robert F. Kennedy, Jr., plans to release a report suggesting a link between autism and pregnant women’s use of Tylenol. The popular over-the-counter painkiller is made by Kenvue subsidiary McNeil Consumer Healthcare. A Kenvue spokesperson on Friday contested the claims allegedly made by the report.
Advanced Micro Devices (AMD) shares tumbled 6.6% after Seaport Research downgraded the chipmaker’s stock to “hold” from “buy.” Analysts pointed to signs of slowing demand for AMD’s artificial intelligence accelerators, and noted it could become difficult for the company to meet lofty expectations.
Broadcom (AVGO) shares surged 9.4%, logging the top performance in the S&P 500, after the chipmaker reported better-than-expected sales and adjusted profit for its fiscal third quarter. Demand for AI semiconductors boosted Broadcom’s performance, with AI revenue rising 63% year-over-year. The company also said it had secured $10 billion in orders from a new customer, which reports later suggested was OpenAI.
Shares of pool equipment supplier Pool Corp. (POOL) advanced 5.5% after Friday’s weak jobs report cemented the case for an interest rate cut at the Federal Reserve’s policy meeting later this month. Expectations of a rate cut caused the 10-year Treasury yield, which influences mortgage rates, to sink to its lowest level since April. Elevated mortgage rates have kept the U.S. housing market in a deep freeze for the last three years, which has dragged on the businesses of homebuilders and home goods producers like Pool.
Tesla (TSLA) proposed a new compensation plan for CEO Elon Musk that could be worth roughly $1 trillion. Reaching that amount would require the electric vehicle maker’s CEO and world’s richest person to achieve certain performance targets, including helping Tesla reach a market cap of $8.5 trillion and a total of 20 million vehicle deliveries. Negotiations around Musk’s compensation have grown contentious in the past, and shareholders are set to vote on the proposed package on Nov. 6. Tesla stock added 3.7% Friday.
Moutcha Bay and Newton Cove Resort are sister resorts on Vancouver Island’s “salmon highway”
Moutcha Bay Resorts Chalets
Published September 5, 2025 03:00PM
Ever come across an incredible hotel that stops you mid-scroll and makes you think, Wow, wouldn’t it be something to stay there? We do, too—all the time. Welcome to Friday Fantasy, where we highlight amazing hotels, lodges, cabins, tents, campsites, and other places perched in perfect outdoor settings. Read on for the intel you need to book an upcoming adventure here. Or at least dream about it.
After a long day of travel, I woke up and walked outside my cedar yurt overlooking the Nootka Sound on Vancouver Island. The still green water perfectly reflected the tree-covered hills and mountains on the opposite shoreline, as the heavy fog slowly gave way to sunlight. A few anglers prepped their boats for a day of fishing, while a lone sea lion briefly made an appearance before disappearing under the water. Two chatty kayakers paddled across the bay, while some double-crescent cormorants made a momentary appearance before disappearing into the fog. I could have sunk into a lounger and watched the scene for hours, but there were too much to get into here to stay idle any longer.
This July, I traveled more than 2,500 miles to catch some wild Pacific coho salmon and check out two fishing lodges I’d been hearing so much about. Moutcha Bay and Newton Cove Resort, both owned by Nootka Marine Adventures, are located on the coast of Vancouver Island in British Columbia, surrounded by Sitka spruce forests and the Pacific Ocean—and minutes from “salmon highway,” a prime spot to catch salmon on their migratory path June though September.
Lodging
The two lodges each have their own appeal. Moutcha Bay is a little bit fancier, with the cedar yurts and waterfront chalets almost demanding you slip into a fluffy robe, sink into a comfy chair, and stare out into the surrounding beauty. Newton Cove is more remote, only accessible by seaplane or boat. Comfortable outdoor seating areas, each surrounding a propane fire pit, encourage camaraderie among the anglers. It is the perfect spot for spinning stories about the ones that got away.
(Photo: Newton Cove Resort)
My first day on the water was mostly spent looking for bears and other wildlife, eventually making do with a gaggle of sea otters floating across the water and the occasional bald eagle overhead. The other boat passengers and I eventually made our way to Yuquot, a small First Nations village where we briefly chatted with Sanford Williams, a master carver of totem poles as he labored on his newest creation, and then hiked to a rocky beach where we had a light lunch.
After two nights at Moutcha Bay, I took a 45-minute boat ride to its sister property Newton Cove, a floating resort just off the Esperanza Inlet. At first glance, the surroundings seem a bit non-descript, but when I entered my room and the various common areas, I felt immediately comfortable, like being wrapped in a Winslow Homer painting. Everything was impeccably clean and well organized. Enjoying a cocktail around the fire pit in the evening, while watching the sun disappear behind the mountains and hearing the shoreline come alive with life, was a great way to cap the day.
Fishing Along Salmon Highway
I came all this way to fish, and it was finally the day. Rolling out in one of the resort’s fishing boats, we traveled where the fish had been biting recently, a stretch of unprotected water where the waves kept bouncing the front of the moving boat like an angry trampoline. I rarely ever get seasick when fishing, but by the time we reached our destination and began trolling, I was vomiting off the side of the 32-foot boat. But that wasn’t going to stop me from catching fish.
Soon I watched the fishing rod directly in front of me violently jerk up and down, signaling a fish had taken the bait, inadvertently setting the hook in its mouth. With wobbly legs, I stood up, grabbed the rod, and started reeling. The fish had other ideas though. As I took a quick rest, I watched as the line zipped off the reel, as the wily fish dove deeper into the ocean, trying to escape. For the next few minutes, I’d fight for a bit, then it would fight, and back and forth until the salmon had exhausted itself. I finally lifted my defeated adversary into the boat, and after a moment of compassionate unpleasantness, placed it in a cooler with the rest of the day’s fish.
(Photo: Robert Annis)
When fishing in British Columbia, you need to be cognizant of the province’s regulations. Chinook and coho salmon must be hatchery-raised and larger than 45 cm (17.7 inches) and 30cm (11.8 inches), respectively, to keep. You can keep a maximum of two per species per day. That meant that most of the fish we caught needed to return to the ocean. I reeled in at least a dozen while keeping three, while my buddy caught just as many and kept one massive chinook that had me green with envy (or maybe that was just the seasickness). Upon returning to Newton Cove, we compared our catches with the other boat that docked around the same time, happily sharing fish stories from our day on the water.
The resort staff will clean, filet, and freeze your catch, boxing it for your return trip home. The next time I’d see my coho would be on a plate, drenched in butter and lemon, atop a bed of asparagus, while the rockfish would be diced, seasoned with Tajin, and served on tortillas. I couldn’t help but smile, again.
(Photo: Robert Annis)
Adventure Intel
If you’re new to saltwater fishing, Nootka Marine Adventures offers an Anglers Academy which pairs guests up with experienced guides who will not only get you some fish, but also teach you about marine safety, how saltwater tides affect fishing, where to fish, and more. Upon graduation, there’s no cap-and-gown ceremony, but you will receive a discount on boat rentals during subsequent visits.
While fishing is the main attraction for both resorts, there are plenty of other options for fun. Folks driving to Moutcha Bay traverse the so-called Tree to Sea Drive from Gold River. The fairly rough gravel road is just over 36 miles, with Moutcha Bay around the middle, the Tahsis village at the terminus, and opportunities for adventure scattered throughout. I crossed at least a half dozen creek and river access points that made me kick myself for not bringing my fly rod and waders.
About 10 miles along the road, you’ll find a trail leading to Upana Caves, where you can do a self-guided tour through the caverns, leading to both a waterfall and an underground river. Given my rather crippling claustrophobia, I chose to ignore that sign, but luckily there are three other above-ground waterfalls along the route that you can hike to and capture some beautiful selfies in front of the flowing water.
Malaspina Lake is a great place to swim, fish for stocked rainbow trout, or watch wildlife like bald eagles, black bears, and the occasional cougar. Leiner River Recreation Site offers some fun hikes, while the Boulder Patch Trail leads to a popular rock-climbing spot along the river.
Wildlife watching is a must at the floating Newton Cove Resort. Start your mornings at the beach, looking for brown bears foraging for clams, sea lions, and various aquatic wildlife. Most boat rides also include a wildlife watching element, where you can see bears, whales, and sea otters among others.
Kayak and stand-up paddleboards are available to rent at both locations. Nothing beats a quiet, solitary paddle through gorgeous environments to get you centered and ready to start your day.
Room Intel
Moutcha Bay’s cedar yurts are gorgeous and modern, featuring a bedroom with an attached bathroom which is, in turn, also attached to the living room and kitchen area. A second bedroom is located in an upstairs loft. Massive windows look over the bay, but if you’d rather breathe in the sea air, you can relax on a lounger on the deck, which also boasts a grill and outside dining area.
For folks on more of a budget, Moutcha Bay offers a small campground with several waterfront sites as well.. The 28 RV-friendly sites have both water and power hookups and are located a short walk away from washhouses with flush toilets and hot showers
The rooms at Newton Cove are a bit more basic than Moutcha Bay’s yurts, but still very clean and comfortable. The scenery surrounding the resort makes it nearly impossible to not be outside enjoying it.
Newton Cove Resort is a floating wilderness resort tailored to anglers.
Eat and Drink
Being a floating resort makes food deliveries more difficult, so Newton Cove’s breakfast menus are fairly limited—omelets, breakfast sandwiches, and the like. While dinners are typically pre-prepared by the chef and customized based on allergies and dietary restrictions. During my visit, each three-course dinner was more amazing than the last. The perfectly prepared scallops were a personal favorite, as well as the steak and broccolini dish that served as my party’s send off. Meals and drinks are part of Newton Cove’s all-inclusive package, so you’re encouraged to get your money’s worth.
At Moutcha Bay, meals are a la carte, leaning heavily on upscale pub fare like ling cod tacos, tuna tataki, pizza, and poutine. (It’s still Canada, after all.) My friends and I paired our meals with a variety of Vancouver-area craft beers and custom cocktails.
If you ask the staff at either resort nicely, they may even cook your freshly caught fish that evening for your dinner.
When to Go
Moutcha Bay Resort is open from June to September, while you can stay at Newton Cove from July to September. July and August are generally the prime months for salmon fishing.
How to Get There
Fly into Comox (YQQ) on Vancouver Island, then drive approximately three hours to Moutcha Bay. The last 45 minutes to an hour will be on a lumpy dirt road, but the bumps and jostles will be worth the trip. Reaching Newton Cove requires a less than one-hour boat ride from Moutcha Bay. You can reach either resort by direct seaplane flight from Seattle, Vancouver, or Gold River.
Details and How to Book
Prices at Moutcha Bay start at around $949 CAD per person for a basic two-night stay, with a three-night stay with two days of self-guided fishing beginning at $1,849. Newton Cove rates begin at $5999 CAD for a three-night fully guided fishing trip in a private suite for two guests, three full days of guided fishing, fish processing services, and meals.
Nootka Marine Adventures offers standard itineraries for individual lodges, but they can also do custom bookings that include combinations of both Moutcha Bay, Newton Cove, and a third lodge, Nootka Sound.
Pakistani-origin British politician Shabana Mahmood walks towards UK parliament in London, Britain.— Reuters/File
Shabana Mahmood, a British lawmaker of Pakistani origin, was named the country’s new interior minister on Friday as Prime Minister Keir Starmer undertook his first major cabinet reshuffle since becoming premier in July 2024.
Starmer brought in his “loyal friends” on Friday in a sweeping reshuffle intended to restore his authority after the resignation of his deputy, Angela Rayner.
After reshaping his Downing Street team last week to bolster his economic advice, a ministerial reshuffle had been expected.
Mahmood, 44, a former barrister and the most senior Muslim in UK politics, takes charge of the Home Office after serving as justice minister.
She has been an MP since 2010 and has held several shadow portfolios, but declined to serve in Jeremy Corbyn’s team when he was party leader.
The shake-up followed the resignation of deputy premier Angela Rayner. Other key moves saw Yvette Cooper, previously at the Home Office, become foreign minister, while David Lammy moved up to deputy prime minister and justice secretary.
Rayner’s departure meant it was much deeper than widely predicted, forcing Starmer to draw a line under more than a week of distracting speculation over her tax affairs.
Starmer could do little to protect Rayner after Britain’s independent adviser ruled that she had breached the ministerial code by failing to pay the correct tax.
“Angela is a ‘big beast’ and hard to replace,” said one Labour lawmaker, adding that the three new appointments were “sound” if not overly exciting.
A large-scale study has found that daily walking can significantly reduce the risk of chronic lower back problems. Credit: Stock
Walking frequently is linked to reduced back pain, and it’s the total amount of walking that matters most, not how intense it is.
A large research effort examined how daily walking relates to the likelihood of developing chronic lower back problems. If people adopt the simple guidance that emerges, the approach could ease back pain for many and reduce costs for healthcare systems.
The results are clear: people who walk more tend to have fewer lower back issues, and total time on foot matters more than speed or intensity. In practical terms, walking longer is more beneficial than walking faster.
“People who walk more than 100 minutes every day have a 23 per cent lower risk of lower back problems than those who walk 78 minutes or less,” said Rayane Haddadj.
He is a PhD candidate at the Department of Public Health and Nursing at the Norwegian University of Science and Technology (NTNU), and is part of a research group that specifically studies musculoskeletal disorders.
The findings were published in JAMA Network Open and have already drawn significant attention.
Even leisurely strolls are beneficial
It probably comes as no surprise that physical activity is good for your back, but until now, we have not actually known whether the amount of low-intensity walking we do also helps.
“Intensity also plays a role in the risk of long-term back problems, but not as much as the daily amount of walking,” emphasized Haddadj.
A total of 11,194 people participated in the study, which is part of the Trøndelag Health Study (The HUNT Study). What makes this study unique is that the volume and intensity of daily walking were measured using two sensors that participants wore on their thighs and back for up to a week.
The results may be important in relation to preventing chronic back problems. Until now, there has been little research on the prevention of these types of musculoskeletal problems. It is well known that physical activity can prevent a wide range of illnesses and ailments. This study is important because it confirms that physical activity, and especially daily walking, can help prevent long-term lower back problems.
Back pain is a very common ailment
“The findings highlight the importance of finding time to be physically active – to prevent both chronic back problems and a number of other diseases. Over time, this could lead to major savings for society,” said Paul Jarle Mork, a professor at NTNU’s Department of Public Health and Nursing.
Back and neck problems cost society several billion kroner every year. Musculoskeletal disorders are likely the largest expense within the Norwegian healthcare system.
Back pain is one of the most common health problems in Norway. Depending on what you include, between 60 and 80 per cent of us will experience back problems at some point in our lives. At any given time, around one in five Norwegians has back trouble.
The causes are many and complex, but the solution might be as simple as putting on your shoes and going for a walk – each and every day.
Reference: “Volume and Intensity of Walking and Risk of Chronic Low Back Pain” by Rayane Haddadj, Anne Lovise Nordstoga, Tom Ivar Lund Nilsen, Eivind Schjelderup Skarpsno, Atle Kongsvold, Mats Flaaten, Jasper Schipperijn, Kerstin Bach and Paul Jarle Mork, 13 June 2025, JAMA Network Open. DOI: 10.1001/jamanetworkopen.2025.15592
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ISLAMABAD: A significant IT system breakdown at the Central Directorate of National Savings (CDNS) has brought fresh investments in national savings schemes to a complete standstill. This disruption has caused severe financial losses and delayed the issuance of digital prize bonds.
The system has been down for the past ten to fifteen days, severely affecting around 3.5 million account holders, including senior citizens and pensioners. Despite ongoing efforts to restore the system, only partial recovery has been achieved so far, leaving many customers still facing difficulties.
While payments to account holders are continuing, the department’s operations remain disrupted. ATM cards are malfunctioning, the mobile app for online transactions is not functioning correctly, and biometric verification has been suspended.
The system failure has halted the opening of new accounts, the acceptance of deposits, and the purchase of savings schemes and certificates, resulting in significant losses for the government.
CDNS had also been preparing to issue digital prize bonds in denominations of Rs5,000, Rs10,000, Rs25,000, and Rs40,000, but these plans have been delayed due to the ongoing technical issues.
Officials assured that expert teams are working on a complete system restoration, with hopes for a swift resolution.
Kylian Mbappe draws level with Thierry Henry on 51 goals for France in 2-0 win against Ukraine in World Cup qualifier.
Published On 5 Sep 20255 Sep 2025
France struck early through Michael Olise and sealed the points with a late Kylian Mbappe breakaway to beat Ukraine 2-0 and open their World Cup qualifying campaign in style.
Mbappe’s 82nd-minute strike on Friday, set up by his Real Madrid teammate Aurelien Tchouameni at the end of a rapid counterattack, lifted the forward to 51 international goals, drawing him level with Thierry Henry in second place on France’s all-time scoring list, behind Olivier Giroud (57).
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Second-half substitute Ousmane Dembele, who had already missed training this week with a thigh issue, aggravated the same injury after replacing Desire Doue at the interval.
Doue had sustained a knock on his right calf before halftime and could not continue. Dembele’s evening also ended early as he came off in the 81st minute, making way for Hugo Ekitike to earn his first cap.
Les Bleus had dominated the opening half in a slick 4-2-3-1 formation, their pace and movement repeatedly pulling Ukraine apart.
Olise gave them the lead after 10 minutes, sliding in a Bradley Barcola pass, and only goalkeeper Anatoliy Trubin’s sharp reflexes prevented further damage as he denied Olise a second and later blocked Dembele after a delicate Tchouameni chip over the defence.
Ukraine, who had threatened early with dangerous crosses into the box, came alive after the hour. Ibrahima Konate cleared off the line from Ivan Kalyuzhnyi before Illia Zabarnyi struck Mike Maignan’s post, briefly putting France’s backline under real pressure.
But once Mbappe sprinted clear to deliver the killer blow with a low drive, Deschamps’s side were able to see out the closing minutes with comfort.
The result gives the 2018 world champions an early edge in Group D against the toughest opposition. The group also includes Iceland and Azerbaijan.
France host Iceland, who destroyed Azerbaijan 5-0, in Paris on Tuesday, while Ukraine travel to Baku.
A rare total lunar eclipse “blood moon” will be visible from the UK on Sunday night for the first time since 2022.
The moon is expected to turn a surreal deep, dark red as the Earth passes directly between the sun and the moon, casting its shadow across the lunar surface.
According to the Met Office, the moon will take on a reddish hue because it will be illuminated by light that has passed through the Earth’s atmosphere and has been bent back towards the moon by refraction, scattering blue light and allowing red wavelengths to reach the moon.
Where skies are clear, the eclipse will be visible at about 7.30pm on Sunday. The Met Office recommends people keen to see the phenomenon plan to be somewhere with as clear a view of the eastern horizon as possible, ready for the lunar eclipse to peak in the UK at 7.33pm. In built-up areas this might mean going to a hill or viewpoint.
The eclipse – sometimes referred to as a “blood moon” – will be visible to the naked eye and unlike solar eclipses is safe to view directly as the moon’s reflected light is not as bright.
Dr Ed Bloomer, an astronomer at the Royal Observatory Greenwich, said the moon will rise over the UK just in time for people to see the tail end of the eclipse. He said: “The moon is pretty unmistakable in the sky, so the most important thing is to face the right direction.
“It’ll be rising towards the east, and head southwards over the course of the night. As it rises, the most important thing will be whatever is low on your horizon. A flat landscape, or an elevated position makes for the best visibility – literally so there aren’t things like buildings, trees, or other things in the way.
“A lunar eclipse like this is a great opportunity for observing with kids too. It isn’t too late for us in the UK, the target is nice and easy and minute by minute you will notice changes (good for short attention spans).”
People eager to see the eclipse are advised to check the forecast in their area over the weekend, but the Met Office said the clearest skies for viewing the blood moon are most likely to be across the south-west and parts of eastern England.
The Royal Observatory Greenwich said the next partial lunar eclipse will not be until August 2026. Other regions well positioned to view the eclipse include Australia, China, India, the Philippines and parts of Africa.
But most of North and South America will miss out entirely as they will be on the sunlit side of the planet during the event.
Throughout history, blood moons have stirred awe and superstition. Ancient cultures from Norse to South American, Native American to Chinese, interpreted the red moon as a sign of divine anger or supernatural conflict, while biblical texts warned that “the sun will be turned into darkness and the moon into blood before the day of the Lord comes, that great and terrible day”.
EXCLUSIVE: Up for grabs in the TIFF marketplace is Foster, a 1980s-set action thriller led by James Franco and directed by Emmy winner Timothy Woodward Jr (Studio City). Produced by Born To Burn Films, the film co-stars Ron Perlman and Natalie Burn. International sales are being handled by Top Film Distribution, and the project is being introduced to TIFF buyers, with delivery planned for 2026.
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Haunted by his past and clawing his way through sobriety, Donald “Don” Foster (Franco) just wants some peace. When a troubled addict (Burn) leaves her young son on his doorstep, Don is dragged back into the violent underworld he thought he left behind. Hunted by the ruthless crime boss that Don worked for and learned all the boss’s sinister secrets — Perlman plays him — Don has a reason to seek redemption.
“This is James’s movie — raw, relentless, and character-driven,” said Woodward Jr. “We’re building a grounded 1980s world with practical action, real danger, and no gloss.” Pic’s being shopped by Anastazja Bankowska of Top Film Distribution.
LAHORE: PPP Chairman Bilawal Bhutto Zardari arrived in Lahore on Thursday to show his solidarity with the flood victims in the region.
According to Hasan Murtaza, the General Secretary of Central Punjab, Bilawal will visit Kasur on Friday to offer support to the flood-affected residents. Murtaza emphasized that Bilawal’s visit has no political engagements scheduled in Punjab; his primary focus will be on aiding flood victims and participating in relief efforts.
On Saturday, Bilawal will head to Multan to witness the destruction caused by the floods firsthand. Before leaving for Multan, he will also visit the residence of Altaf Qureshi to offer his condolences.
