By ALEX VEIGA, AP Business Writer The average rate on a 30-year U. S. mortgage edged higher for the third week in a row, though it remains close to its low point this year. The average long-term mortgage rate ticked up to 6. 26% from 6. 24% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6. 84%. Three weeks ago, the average rate was at 6. 17%, its lowest level in more than a year. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also inched up this week. The rate averaged 5. 54%, up from 5. 49% last week. A year ago, it was 6. 02%, Freddie Mac said. When mortgage rates rise they reduce homebuyers’ purchasing power. The average rate on a 30-year mortgage has been stuck above 6% since September 2022, the year mortgage rates began climbing from historic lows. That’s helped kept sales of previously occupied U. S. homes stuck at around a 4-million annual pace going back to 2023. Historically, sales have typically hovered around 5. 2 million a year. While sales have been sluggish this year, they received a boost this fall as mortgage rates eased, remaining below 6. 4% since early September. Last month, they accelerated to their fastest pace since February. Mortgage rates are influenced by several factors, from the Federal Reserve’s interest rate policy decisions to bond market investors’ expectations for the economy and inflation. They generally follow the trajectory of the 10-year Treasury yield, which lenders use as a guide to pricing home loans. The 10-year yield was at 4. 10% at midday Thursday. That’s down slightly from from a week ago, but up from around 3. 95% on Oct. 22. Mortgage rates began declining this summer ahead of the Federal Reserve’s decision in September to cut its main interest rate for the first time in a year amid signs the labor market was slowing. The Fed lowered its key interest rate again last month, although Fed Chair Jerome Powell cautioned that further rate cuts weren’t guaranteed. Wall Street traders have reduced their bets that the Fed will cut its main interest rate at its next meeting in December, now giving it a roughly 44% probability, according to data from CME Group. That’s down from nearly 70% a couple of weeks ago, but better than the 30% chance before the release Thursday of the delayed September jobs report. The central bank doesn’t set mortgage rates, and even when it cuts its short-term rates that doesn’t necessarily mean rates on home loans will necessarily decline.
https://www.dailydemocrat.com/2025/11/20/mortgage-rates-nov-20/
Tag Archives: expectations
PM Karki on Simara event: We take youths’ anger, dissatisfaction seriously
Kathmandu, Nov 20: Prime Minister Sushila Karki expressed sadness over the tension and violence in Simara, Bara, on Wednesday. Writing on social media, she said this kind of disorder cannot be accepted in a democracy. “I want to make it clear that this kind of chaos has no place in a democracy. We have taken the anger of young people and the political dissatisfaction they feel very seriously,” she wrote. She said there is no excuse for damaging public property, blocking airports or taking the law into one’s own hands. “We respect freedom of expression, but that does not give anyone the right to damage public property, obstruct an airport or act outside the law,” she added. She said she has directed the home administration and security agencies to maintain peace and order, ensure safe movement for leaders of all political parties, and create a fair and fear-free environment for the election. She asked them to work with restraint and full readiness. She said young people’s expectations can be met only through the democratic process. She urged all sides to stay away from unnecessary political provocation and to trust the democratic system. People’s News Monitoring Service.
https://mypeoplesreview.com/2025/11/20/pm-karki-on-simara-event-we-take-youths-anger-dissatisfaction-seriously/
XAU/USD climbs above $4,050 amid risk-off sentiment
Gold price XAU/USD attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US economic data. The FOMC Minutes will be the highlights later on Wednesday, ahead of the US September Nonfarm Payrolls (NFP) report. US NFP reports for September and October 2025 were not released as scheduled due to a US government shutdown. The delay in employment data complicates the Federal Reserve’s (Fed) decisions regarding interest rates ahead of its December meeting. This, in turn, could boost a traditional safe-haven asset like Gold. The US employment report for September is now expected to be released on Thursday. The US economy is projected to see 50, 000 jobs added in September, while the Unemployment Rate is forecast to stay at 4. 3% during the same period. If the report comes in weaker than expected, this could exert some selling pressure on the US Dollar (USD) and support the USD-denominated commodity price. On the other hand, hawkish remarks from the Fed officials tempered expectations of a December rate cut and might cap the upside for the yellow metal. Fed Vice Chair Philip Jefferson said on Monday that the Fed should proceed “slowly” with further rate reductions. Meanwhile, several Fed policymakers, including Atlanta Fed President Bostic and Kansas City Fed President Schmid, voiced concerns about inflation or signaled support for holding rates steady. Traders are currently pricing in a 46. 6% chance of a 25 basis points (bps) rate cut in December, down from more than 60% last week, according to the CME FedWatch tool.
https://bitcoinethereumnews.com/finance/xau-usd-climbs-above-4050-amid-risk-off-sentiment/
Mets Projected To Sign Slugger To Blockbuster 5-Year, $95 Million Deal
The New York Mets came into the season with big expectations after adding Juan Soto and other top free agents last winter. But the Mets fell flat on their faces down the stretch and completely missed the postseason in favor of the Cincinnati Reds. This winter, the Mets need to add more talent to their roster if they want to get back to the postseason. Mets slugger Pete Alonso is headed to free agency, and the team’s first priority should be re-signing or replacing Alonso. Bleacher Report’s Tim Kelly recently predicted the Mets would sign Japanese slugger Munetaka Murakami to a massive five-year, $95 million deal. “Many of the teams we will discuss with Schwarber and Alonso make sense as possible landing spots for Murakami, although he runs the risk of being option B or C for many teams,” Kelly wrote. They’ll need to replace his power production in some manner, and Murakami as a first base/DH option-president of baseball operations David Stearns did personally scout him in Japan in August-makes sense.” The Mets will need to replace Alonso’s power in free agency if he leaves. Murakami is one of the only free agents on the market who could replace Alonso’s power for the Mets. There are questions about his bat-to-ball skills, but his power potential should be enough for the Mets to take a shot on him in free agency, especially if he’s going to sign for less than $100 million.
https://www.newsweek.com/mets-projected-to-sign-slugger-to-blockbuster-5-year-95-million-deal-11059856
New York Sirens 2025-26 PWHL preview: Retool brings star rookies and plenty of questions
Every original six PWHL franchise had to retool on the fly this offseason thanks to the expansion draft process that shook up the league. The New York Sirens’ changes, however, were a bit more deliberate. Sure, they lost top talent forwards Alex Carpenter, Jessie Eldridge and Gabby Rosenthal, and No. 1 goalie Corinne Schroeder to expansion Seattle and Vancouver. But general manager Pascal Daoust also traded forward Abby Roque to the Montreal Victoire in exchange for Kristin O’Neill, and No. 1 defender Ella Shelton to the Toronto Sceptres for the No. 3 pick in the 2025 draft, which turned into Patty Kazmaier winner Casey O’Brien. All this in an effort to shuffle the lineup and give New York a younger, new-look in 2025-26. But the question remains: Did the Sirens do enough? The roster The deadline for PWHL teams to finalize their 23-player rosters is Wednesday, Nov. 19. Strengths The Sirens have pretty clearly defined strengths and weaknesses. Let’s start with the fun part: New York has Sarah Fillier, the absolute best young player in the PWHL and the nucleus of the Sirens’ core. She’s a true double-threat in the offensive zone with elite hockey IQ and playmaking ability, but can also score when the puck is put on her stick. Nobody had more points (29) or assists (16) than Fillier last season. Her 13 goals ranked third. Fillier was named Rookie of the Year and to the PWHL’s First Team All-Stars alongside forwards Marie-Philip Poulin and Hilary Knight. “She had a remarkable impact on the league, and a remarkable impact here on our team,” said coach Greg Fargo. “She set a new standard for rookies.” Some days, Fillier is the second-best forward on the planet. The other player with the claim to that title? Fillier’s former linemate, Carpenter. In New York, Fillier and Carpenter were the best duo in the PWHL, combining on 10 goals in 26 games together. They’re both highly intelligent on the ice with the speed and skill to pull things off that most players couldn’t. As individual players, they each created space and demanded attention from opponents, which made them a nightmare to play against as a pair on a nightly basis. Now Fillier will need to prove she can be as productive without Carpenter centering her line. Last season, New York lost all four games with Carpenter out of the lineup, and Fillier did not score a goal. There are plenty of reasons to believe she’ll be just fine. Fillier and Carpenter clicked right away, but that’s also a credit to the work Fillier put into making a full-time switch to the wing after spending most of her career at center. “No one has more or higher expectations of her than herself; she wants to be the best player in the world,” said Fargo. “And you see that in how she prepares and you see it in how goes about trying to get better.” Fillier is not alone in New York this year, either. If we read into preseason, she’s likely playing beside O’Brien, who could do well in Carpenter’s absence. O’Brien, 24, is coming off a historic final season at the University of Wisconsin with 88 points and 62 assists in 41 games. It was the highest-scoring season in almost a decade, since Carpenter scored 88 for Boston College in 2016. She’s an excellent playmaker and has shown she has easy chemistry with elite wingers such as Kirsten Simms or Daryl Watts at Wisconsin which could make O’Brien the perfect fit beside Fillier. Weaknesses While a retool might have been necessary, the Sirens still lost their best center, best defender and best goalie and several other middle-of-the-lineup players. Frankly, it’s possible the team got worse at every position (at least on paper). With Carpenter (11 goals), Eldridge (9), Roque (8), Jade Downie-Landry (4), Chloé Aurard-Bushee (2) and Élizabeth Giguère (2) all gone, the Sirens have one proven offensive forward in the lineup next season. Outside of Fillier, there’s only one returning forward who scored more than one goal last season: Paetyn Levis. Even Team Canada forward Kristin O’Neill only had one goal last season for Montreal. Top draft picks such as O’Brien, Anne Cherkowski and No. 1 pick Kristýna Kaltounková should add some more skill to the top of the lineup, but New York will be hoping its returning depth forwards such as Elle Hartje, Taylor Girard and Emmy Fecteau can generate a bit more offense this season. Otherwise, the team might be asking too much of its youth movement regardless of how talented they are. On defense, the team traded star Ella Shelton. Yes, they got the No. 3 pick that turned into O’Brien, but that’s a pretty massive subtraction from a blue line that allowed the second-most shots against (859) last season, behind only the Boston Fleet. The rest of the blue line remains intact with the addition of Jincy Roese, who signed from Ottawa this summer, but they will need a collective bounce-back in front of Kayle Osborne, who only started 10 games in the New York crease last season. Captain Micah Zandee-Hart specifically has looked great at Canada camps all summer and could be up for a nice season. And the team appears to have confidence in Osborne, who has worked her way onto Team Canada’s goalie depth chart. But Schroeder (. 924) has one of the best career save percentages among starting goalies in the PWHL over the last two years, behind only Ann-Renee Desbiens in Montreal. That’s a lot of roster churn that has made New York look pretty top-heavy once again. Things might not work out this year retools rarely come together after just one season but we still have to give GM Pascal Daoust some credit for trying something new after two seasons in the basement. The big question What can we expect from No. 1 overall pick Kristýna Kaltounková? If New York isn’t going to repeat the issues of the last two seasons i. e., having only one line or one player who can produce the team is going to need Kaltounková to drive play from the second line. She absolutely has the skill level necessary to do that, and we’ve seen it at Colgate and with Czechia, but some of the roster attrition in New York this summer could complicate things. In preseason, we saw Kaltounková on a line with O’Neill. She’s an excellent, responsible middle-six center. That’s not the same as partnering with the No. 1 pick on a second line. If the plan is to have Fillier, O’Brien and Cherkowski together, it leaves New York one top offensive forward short, at least on paper. Kaltounková is also a rookie and it’s reasonable to expect some kind of learning curve. But, part of New York’s calculus in drafting Kaltounková first overall was the belief that she could make an immediate impact in the PWHL. She has a pro-ready shot, a solid frame (5-foot-9) and a physical edge to the way she plays. In her return to the Czech women’s national team at April’s world championships, Kaltounková tied for the team lead in scoring with four goals and six points, and really put on display to many scouts that her game at the college level can work against the best in the world, too. “I don’t know that there’s anybody in the draft that can shoot or score in the same ways Kalty can,” said Fargo. “When you look at Kalty and what she brings, I think the full package is really going to allow her to translate well to this level.” New York Sirens, NHL, Women’s Hockey 2025 The Athletic Media Company.
https://sports.yahoo.com/article/york-sirens-2025-26-pwhl-111607981.html
“We’re defending that title, no more Livingstone to stop us” – Fans react to RCB releasing star England all-rounder at IPL 2026 retention deadline
**RCB Release Liam Livingstone Ahead of IPL 2026 Auction: Fans React**
The 2025 IPL champions, Royal Challengers Bengaluru (RCB), have made a headline-grabbing decision ahead of the IPL 2026 auction by releasing star England all-rounder Liam Livingstone. The announcement came at the IPL retention deadline on Saturday, November 15.
### Livingstone’s Stint with RCB Comes to an End
Livingstone, 32, was one of RCB’s marquee signings at the IPL 2025 auction, joining for a hefty ₹8.75 crore. However, his season failed to meet expectations, with the Englishman accumulating just 112 runs in 10 games at an average of 16 and a strike rate of 133.33. He managed only a single half-century through the season.
Despite his underwhelming numbers, Livingstone delivered a vital 15-ball 25 in the grand finale, a cameo that helped RCB post a challenging total and ultimately secure their maiden IPL title. He also made a significant impact in the field with a sensational boundary catch to dismiss dangerman Josh Inglis for 39.
### Mixed Fan Reactions on Social Media
The release of Livingstone sparked a mix of opinions on social media platform X (formerly Twitter). While some fans praised RCB for making a tough but necessary decision, others pointed to Livingstone’s crucial contributions in high-pressure moments.
Here are some of the top fan reactions:
– “Livingstone is the best player released by RCB. Yes we’re defending that title. No more Livingstone to stop us,” posted a fan.
– “Livingstone gave 2 god knocks. One 50+ early in the group stage and that cameo in the final,” added another.
### RCB Release Seven More Players
RCB didn’t stop at Livingstone. In total, eight players were released this year—four overseas and four Indian players. Along with Livingstone, the overseas players let go include Lungi Ngidi, Tim Seifert, and Blessing Muzarabani.
On the domestic front, Mayank Agarwal was the most notable Indian player released. Swastik Chikara, Mohit Rathee, and Manoj Bhandage also parted ways with the franchise.
### What’s Next for RCB?
With these releases, RCB heads into the IPL 2026 auction with a healthy purse of ₹16.40 crore. The franchise will be eyeing the rare feat of defending their IPL title—something only Chennai Super Kings (CSK) and Mumbai Indians (MI) have achieved previously, in 2011 and 2020, respectively.
RCB enjoyed a stellar run in IPL 2025, finishing second in the league stage with nine wins from 14 matches and ultimately breaking their 17-year IPL title drought by triumphing over Punjab Kings (PBKS) in both Qualifier 1 and the final.
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*Stay tuned for more updates as RCB reshapes their squad ahead of the highly anticipated IPL 2026 season!*
https://www.sportskeeda.com/cricket/news-we-re-defending-title-livingstone-stop-us-fans-react-rcb-releasing-star-england-all-rounder-ipl-2026-retention-deadline
Bitcoin Price Prediction 2025: BTC Slides Below $100K as Traders Watch for a Reclaim and EV2 Presale Sees Rising Demand as Hype Grows
Bitcoin Trades Below $100,000 as Traders Watch the $101,000 Reclaim Level
EV2 Launches Token Presale with New Features and PvX Gameplay
Bitcoin continues to face pressure, slipping below the $100,000 mark amid shifting pricing expectations in the short term. As sellers dominate and volatility increases, attention is focused on reclaiming key levels to trigger the next directional trend. Meanwhile, the EV2 token presale is gaining momentum, attracting investors eager for early exposure to blockchain gaming.
**Bitcoin Faces Trend Pressure as Traders Monitor Key Technical Levels**
Crypto analyst Michaël van de Poppe recently noted that a market reversal could occur if Bitcoin’s price moves above the previous support zone around $101,000. He highlighted that Bitcoin remains weak below this level, with many traders believing the four-year cycle has topped, which has contributed to selling pressure.
At the time of writing, BTC was trading at approximately $97,000 following another 6% drop on the day. Trading volumes increased as sellers took profits. Chart analysis shows a sequence of lower lows and lower highs, indicating a short-term downward structure. The break below $100,000 has turned that level into resistance, intensifying pressure on buyers trying to regain ground.
Bitcoin has dropped below $95,000 and stabilized, but a trend reversal would require reclaiming the crucial $101,000 resistance level.
**BTC Technical Forecast: Bearish Momentum Prevails**
Technical indicators suggest a bearish outlook for Bitcoin. The 9-day Exponential Moving Average (EMA) sits near $100,176, well above the current price point. The MACD remains negative, with widening red bars that indicate selling momentum is still dominant. The Relative Strength Index (RSI) is nearing 31, entering oversold territory where short-term price bounces become more probable.
Support levels hold near $97,000 and $95,000, with deeper support around $92,500 if selling persists. Resistance remains strong at $100,500 and $102,500, with a potential push toward $105,000 if Bitcoin can successfully reclaim the $101,000 level.
**TradingView 4-Hour Chart Highlights**
Recent price action shows a decline accompanied by a bearish MACD crossover with a falling histogram, while the RSI trends downward toward oversold levels—signaling continued bearish energy.
**Price Prediction Outlook: Market Awaits Trend Confirmation**
With implied volatility elevated, traders are closely watching the $95,000 to $97,000 zone for signs of stabilization. A bounce from this area could spur a move toward $99,500, followed by a test of the $100,000 to $100,500 resistance zone. Closing above $102,500 might validate a short-term structure change.
Conversely, if support at $95,000 fails to hold, further declines toward $92,500 or, in case of heavier selling, around $89,000 could materialize. Analysts widely regard reclaiming $101,000 as key to initiating a broader recovery.
—
**EV2 Token Presale Opens Amid Growing Interest in PvX Looter-Shooter Gameplay**
While attention remains on Bitcoin, Funtico has launched the public presale for EV2, the token powering its upcoming open-world PvX (Player versus X) looter shooter, Earth Version 2. The presale offers 40% of the total token supply, granting early access to players and supporters. It is also available via the Ethereum network.
Earth Version 2 features large-scale battles, cinematic environments, and five customizable combat suits. Players can explore multiple worlds, collect modular loot, and compete across PvE, PvP, and PvEvP modes. A notable mode called Fracture challenges 25 players to collect color-coded cubes before entering a final survival phase.
The EV2 token is built on the Avalanche network and is priced at $0.01 during the presale, with approximately 1.15 billion tokens in existence. Participants can acquire tokens using an Avalanche-enabled wallet and redeem them after the presale concludes.
This project aims to bridge traditional gaming and decentralized finance by offering an in-game marketplace featuring rare, collectible digital assets that are monetized and upgradeable. According to EV2’s documentation, the roadmap includes marketplace integration and scheduled tournaments designed to sustain player engagement. Presale buyers will also receive exclusive bundles and in-game digital items.
—
**Further Observations**
Bitcoin’s downward trend is likely to continue until the $101,000 level is reclaimed. However, given the oversold conditions, a short-term rebound is possible. Meanwhile, the EV2 token presale continues to gain traction, reflecting growing enthusiasm in blockchain-based gaming.
—
**EV2 Presale Links:**
[Presale Website]
[Telegram]
[X]
—
*Disclaimer:* This is a sponsored article for informational purposes only. It does not reflect the views of Crypto Daily and is not intended as legal, tax, investment, or financial advice.
https://bitcoinethereumnews.com/bitcoin/bitcoin-price-prediction-2025-btc-slides-below-100k-as-traders-watch-for-a-reclaim-and-ev2-presale-sees-rising-demand-as-hype-grows/
Oilers GM Stan Bowman doesn’t sugarcoat Edmonton’s slumping start; take indirect dig at Stuart Skinner
**Edmonton Oilers GM Stan Bowman Gives Honest Assessment of Team’s Struggles**
The Edmonton Oilers have had a lacklustre start to the 2025-26 NHL season, holding a 7-6-4 record and sitting fifth in the Pacific Division, trailing behind teams like the Anaheim Ducks and the LA Kings. While the Oilers have showcased some strong performances, consistency remains elusive.
Speaking on Tuesday in Toronto after the NHL’s annual November GM meetings, General Manager Stan Bowman gave an honest evaluation of the team’s performance so far. “Sort of the way our team has been. I don’t know if they performed really any differently than our forwards and our defence. We’re just not clicking as a group. That position gets more attention. I’m not sure it’s more of a problem,” Bowman said, indirectly addressing concerns about the team’s goaltending without placing full blame on any individual.
**Goaltending Challenges**
Starting goaltender Stuart Skinner has appeared in 12 games this season, posting a 5-4-3 record with a 2.91 goals-against average (GAA) and an .883 save percentage. While Skinner has shown flashes of strong play, his numbers lag behind some of his rivals — such as Colorado’s Scott Wedgewood, who boasts a 10-1-2 record, and Florida’s Sergei Bobrovsky at 8-4-0. Notably, Skinner has struggled against Bobrovsky in the last two Stanley Cup Finals (2024 and 2025).
Backup goalie Calvin Pickard has appeared in six games, recording a 2-2-1 record with a 4.00 GAA and a .836 save percentage.
Bowman emphasized that inconsistency has affected the entire team: “We’ve had ups and downs throughout with both goalies, the defence and the forwards. It would probably be clearer if [goaltending was] costing us games night after night, but that’s just not it. We’ve had other things that have been costing us just as much.”
**Team Offense and Defense**
Offensively, Edmonton averages 3.06 goals per game, but defensively, they allow 3.47 goals against per game, highlighting ongoing concerns in defensive play. On the positive side, their power play remains a bright spot, ranking third in the NHL at an impressive 32.6 percent success rate.
Captain Connor McDavid leads the team with 24 points this season, continuing to be a critical driver for the Oilers’ offense.
**Oilers’ Recent Overtime Win Over Columbus**
The Oilers snapped their three-game losing streak with a thrilling 5-4 overtime victory against the Columbus Blue Jackets on Monday. Jack Roslovic scored the game-winning goal just 56 seconds into overtime.
Connor McDavid was instrumental in the comeback, scoring two goals in the third period and inspiring the team down the stretch. After the game, coach Kris Knoblauch praised McDavid’s effort, saying, “He just willed the team to win.”
Stuart Skinner contributed 18 saves in the victory, and defenseman Jake Walman added two goals for Edmonton.
—
As the season progresses, the Oilers will look to solve their inconsistencies and build momentum with strong contributions across all positions. Fans will be hoping the team can capitalize on their offensive talents and tighten up defensively to climb the Pacific Division standings.
https://www.sportskeeda.com/us/nhl/news-oilers-gm-stan-bowman-doesn-t-sugarcoat-edmonton-s-slumping-start-take-indirect-dig-stuart-skinner
Evening Reading – November 11, 2025
Welcome, Shackers, to the end of another Tuesday! We hope you’ve enjoyed everything we’ve had to share as we wind down into our last run of content for the year. The holiday season is almost upon us, and we hope you’re ready for all the fun it brings. As for us, it’s time to bring another day of posting to a close, so here’s your Evening Reading for today. Enjoy!
## In Case You Missed It at Shacknews
– **Pokemon Pokopia** gets March 2026 release date
– **Kingdom Come: Deliverance 2’s** Lead Gameplay Designer has jumped ship to CD Projekt RED
– **Pikmin 4 Version 1.1.0** patch notes bring Field Camera photo mode & Decor Pikmin
– **LEGO The Legend of Zelda** set coming in 2026
– **Reggie Fils-Aime** is surprised Xbox “has not yet embraced the Switch 2”
– **Sony CFO Lin Tao** says Destiny 2 has not reached expectations
– **The Game Awards 2025** will stream on Amazon Prime Video
– **Monster Hunter Wilds Title Update 4** arrives in December
– **Marvel Tokon: Fighting Souls** second closed beta coming in December
– **Sonic Racing: CrossWorlds** brings NiGHTS and AiAi to the starting line
– **Elden Ring Nightreign: The Forsaken Hollows expansion** announced
– **Octopath Traveler 0** is a tale of revenge and rebuilding
– **Lumines Arise review:** Hip to make squares
## More Stuff from The Internet!
**Happy Veterans Day!**
Whether you get one, two, or three days off, we hope those who served get at least one good one.
**RIP to a film legend**
Tatsuya Nakadai was unflappable in his onscreen presence. It’s no wonder Akira Kurosawa went back to him for lead roles.
**Gliding with you**
It must be so nice up there, the world spread out before you, together.
**New Zelda torture devices**
The beauty of Tears of the Kingdom is that there will always be good Tears content for the rest of forever, as long as creative players care to share it.
**A legend returns**
The best to do it. No doubt.
**Joyce joyously jostles depressed deep pocket**
I have rarely ever seen someone rile so effortlessly without ever making a direct attack. Joyce is a treasure.
**Fighting game backgrounds are breaking hearts**
Did you see Colossus hanging out in the back of the X-Mansion? Fans in shambles.
—
That covers the Evening Reading for this fine November 11.
If you’d like to support Shacknews, consider helping through **Shacknews Mercury**, where you can support the site for as little as a dollar a month. You can also check out our collection of free apps, including **Shackmaps**, where you can explore interactive maps from some of the best games out there, including Mario Kart World and Hollow Knight: Silksong.
Finally, take a look at **Bubbletron**, where you can assemble your latest billion-dollar start-up idea with daily randomized prompts. Can you find the day’s highest value and get the money hat?
Thanks for reading and checking out our content. We’ll be back in the morning with more features and coverage!
https://www.shacknews.com/article/146792/evening-reading-november-11-2025
Sony CFO Lin Tao says Destiny 2 has not reached expectations
It’s been a tumultuous period for Destiny 2 maker Bungie since the studio was acquired by Sony, and new financial data shows that the acquisition has impacted the parent company’s finances.
Sony recently published its Q2 2025 earnings report, revealing a significant impairment loss on a portion of its Bungie assets. The company recorded a loss of 31.5 billion yen (approximately $204.4 million USD) in connection with Destiny 2. This financial write-down signals that the popular live service game has not been performing up to Sony’s expectations.
Sony’s CFO, Lin Tao, confirmed these concerns during a subsequent Q&A session, as reported by Eurogamer. Addressing Destiny 2’s performance, Tao explained that, partially due to changes in the competitive environment, the levels of sales and user engagement have fallen short of what Sony anticipated at the time of acquiring Bungie.
This development highlights the challenges Sony faces in managing live service games and underscores the unpredictable nature of the gaming market, even for well-established titles like Destiny 2.
https://www.shacknews.com/article/146780/sony-destiny-2-not-reaching-expectations
