NEW YORK (AP) — Technology stocks are dragging down the market as Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.6%, with more than 80% of stocks in the benchmark index losing ground. The benchmark index was managing to hold onto a modest gain for the week. The Dow Jones Industrial Average fell 475 points, or 1.1%, to 42,850 as of 11:35 a.m. Eastern time. The Nasdaq composite fell 2%. Technology stocks were the biggest drag on the market Friday. Semiconductor giant Nvidia slumped 2.4%. Its enormous valuation gives it an outsize influence on indexes. Other Big Tech stocks losing ground included Microsoft, with a 1.9% decline. A wide range of retailers also fell. Amazon fell 2% and Best Buy slipped 1%. The sector is being closely watched for clues on how it performed during the holiday shopping season. Energy was the only sector within the S&P 500 rising. It gained 0.4% as crude oil prices rose 1.2%. Investors don't have much in the way of corporate or economic updates to review as the market moves closer to another standout annual finish. The S&P 500 is on track for a gain of just under 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998. The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing. A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2% in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve's interest rate policy this year. Expectations for interest rate cuts also helped drive market gains. The central bank recently delivered its third cut to interest rates in 2024. Even though Inflation has come closer to the central bank's target of 2%, it remains stubbornly above that mark and worries about it heating up again have tempered the forecast for more interest rate cuts. Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under incoming President Donald Trump. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Amedisys rose 4.5% after the home health care and hospice services provider agreed to extend the deadline for its sale to UnitedHealth Group. The Justice Department had sued to block the $3.3 billion deal, citing concerns he combination would hinder access to home health and hospice services in the U.S. The move to extend the deadline comes ahead of an expected shift in regulatory policy under Trump. The incoming administration is expected to have a more permissive approach to dealmaking and is less likely to raise antitrust concerns. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. Markets in Europe gained ground. Bond yields held relatively steady. The yield on the 10-year Treasury remained at 4.59% from late Thursday. The yield on the two-year Treasury slipped to 4.31% from 4.33% late Thursday. Wall Street will have more economic updates to look forward to next week, including reports on pending home sales and home prices. There will also be reports on U.S. construction spending and snapshots of manufacturing activity.The single mother who runs OnlyFans and insists it's a feminist site amid Lily Phillips and Bonnie Blue controversy
NoneEPL Wrap: Teen’s header piles pressure on Ange, Fulham rise into Euro spots with Brighton winIndian Share Market Opens Flat, Nifty Above 24,600The Kingdom of Saudi Arabia’s real estate developer ROSHN Group recently held the groundbreaking ceremony for ALMANAR, its inaugural fully integrated residential community in Makkah. The event was held under the patronage of advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region Prince Khalid Al-Faisal. During the event, attendees had the opportunity to explore the show villas and discover the diverse residential typologies available within the community, highlighting the Group’s mission to transform urban development and improve quality of life in the Kingdom. ALMANAR, a 21 million square meter community by ROSHN, features 33,000 residential units, a sustainable living environment, and green spaces, focusing on human needs. برعاية كريمة من صاحب السمو الملكي الأمير خالد الفيصل بن عبدالعزيز آل سعود، أمير منطقة #مكة_المكرمة ، وبحضور معالي أمين العاصمة المقدسة، أ. مساعد الداود، وسعادة الرئيس التنفيذي للهيئة الملكية لمدينة مكة المكرمة والمشاعر المقدسة، م. صالح الرشيد، وسعادة الرئيس التنفيذي للهيئة العامة... pic.twitter.com/lGWmwourJD It ensures effortless access to a wide array of community facilities and services, including schools, mosques, shopping centers, and healthcare facilities. With vibrant streets, open spaces, and recreational areas, ALMANAR fosters social connections, strengthens community bonds, and cultivates a deep sense of belonging. The community is strategically situated within the Al-Haram Boundaries, just 20 minutes from the Grand Mosque, less than an hour from King Abdulaziz Airport in Jeddah, and two minutes from Makkah Gate. It is distinctive in its location and design, blending traditional architecture with modern materials, resulting in a distinctive destination. “Spanning over 21 million square meters, ALMANAR will offer over 33,000 homes and provide over 150 amenities to cater to residents’ needs.” “ALMANAR Community represent a pivotal step creating an integrated living environment within Makkah Al-Mukarramah, which will be only 20 minutes away from Al-Masjid Al-Haram. As ROSHN Group, we are committed to both raising the quality of life and contribute to reshaping the urban landscape in Makkah Al-Mukarramah.” ROSHN Group’s Acting Group CEO Dr Khalid Johar said.
HOUSTON (AP) — Rockets forward Amen Thompson threw Heat guard Tyler Herro to the floor to trigger an altercation that resulted in six ejections in the closing minute of Miami's 104-100 victory over Houston on Sunday. Thompson and Herro became entangled with Miami about to inbound the ball leading 99-94 with 35 seconds left. Thompson grabbed Herro by the jersey and tossed him, with referee Marc Davis describing it as Thompson “body slams Herro .” “I didn’t see it live, but I re-watched it,” Rockets coach Ime Udoka said. “They were in each other’s face, bumping chests a little bit, and one guy’s stronger than the other.” Herro, Thompson, and Udoka were ejected, as were Heat guard Terry Rozier, Rockets guard Jalen Green, and Rockets assistant coach Ben Sullivan. Davis said Green and Rozier escalated the altercation, while Sullivan was assessed a technical foul and ejected for unsportsmanlike comments as the referee was trying to redirect the Rockets' Alperen Sengun. The altercation occurred after Miami had come from 12 points down in the second half to regain the lead with the help of Houston missing 11 straight shots in the fourth quarter. Herro keyed the comeback, leading all scorers with 27 points and adding nine assists and six rebounds. He believed that's what frustrated Thompson. “Guess that’s what’s happens when someone’s scoring, throwing dimes, doing the whole thing,” Herro said. “I’d get mad, too.” Herro said he had never spoken to Thompson, who did not talk to reporters after Sunday’s game, so there was no previous bad blood between the two. “Just two competitors going at it, playing basketball,” Herro said. “It was a regular game that we were playing throughout.” Houston's Fred VanVleet had been ejected just before the fight, with Davis saying VanVleet made contact with him after being called for a 5-second violation. The win for Miami came 24 hours after losing 120-110 in Atlanta. The Heat were missing second-leading scorer Jimmy Butler for a fifth straight game, so Herro was proud of his team played against one of NBA’s best teams this season. “They’re top two, three in the West,” Herro said. “Very good defense. Got a bunch of young, athletic guys that can really play, so that’s a good win for us. That’s a stepping stone. We go 2-1 on the road. Put ourselves in a position to win yesterday, and I like how it’s going. We just got to continue to keep getting better.”WASHINGTON (AP) — The acting director of the Secret Service said Thursday that the agency is “reorganizing and reimagining” its culture and how it operates following an assassination attempt against Donald Trump on the campaign trail. Members of a bipartisan House task force investigating the attempt on Trump's life pushed Ronald Rowe on how the agency’s staffers could have missed such blatant security vulnerabilities leading up to the July 13 shooting at a rally in Butler, Pennsylvania. At one point, the hearing devolved into a shouting match between Rowe and a Republican congressman. Rowe promised accountability for what he called the agency’s “abject failure” to secure the rally in Butler, where a gunman opened fire from a nearby building. Trump was wounded in the ear, one rallygoer was killed and two others were wounded. Another assassination attempt two months later contributed to the agency’s troubles. That gunman waited for hours for Trump to appear at his golf course in Florida, but a Secret Service agent thwarted the attack by spotting the firearm poking through bushes. The task force has been investigating both attempts, but it was the July shooting that dominated Thursday’s hearing. Its inquiry is one of a series of investigations and reports that have faulted the agency for planning and communications failures. The agency’s previous director resigned, and the Secret Service increased protections for Trump before the Republican won the November election. Rowe was repeatedly asked by flabbergasted lawmakers how problems so obvious in hindsight were allowed to happen. Rep. Jason Crow, a Colorado Democrat, said it was “just wild to me” that at a time of tech advances, the Secret Service was using text messages and emails to communicate in real time about threats. He also asked Rowe why so many things went wrong that day “yet nobody said anything.” Rowe said the agency used to have a culture where people felt comfortable speaking up. “I don’t know where we lost that,” he said. “We have to get back to that.” Rowe said the agency is putting a much stronger emphasis on training — something previous investigations found was lacking — and on doing more regular reviews of events to see what went right and where improvements can be made. “We are reorganizing and reimaging this organization," Rowe told lawmakers. He said the agency needs to identify possible leaders much earlier in their careers instead of just promoting people to command positions because they have been around a long time. The hearing was largely cordial, with members of Congress stressing the bipartisan nature of their work and praising Rowe for cooperating with their investigation even as they pushed him for explanations. But at one point, Rowe and Rep. Pat Fallon, a Texas Republican, faced off — shouting over each other as other members pleaded for order. Fallon pulled out a photo of President Joe Biden, Trump and others at this year's Sept. 11 ceremony in New York and asked Rowe why he was at the event, suggesting it was to burnish his prospects at getting the director job permanently. Trump has not yet named his pick to lead the agency. “I was there to show respect for a Secret Service member that died on 9/11. Do not invoke 9/11 for political purposes!” Rowe shouted. “You wanted to be visible because you were auditioning for this job that you’re not going to get!” Fallon later shot back. Rowe roared back: "You are out of line, Congressman. You are out of line!” “You're a bully,” Fallon said. This was the task force’s second public hearing and the first time that Rowe has addressed its members in public. The panel has until Dec. 13 to release its final report. Rep. Mark Green, a Tennessee Republican, said the agency’s conduct during the July shooting seemed almost “lackadaisical.” He said some of the issues that went wrong that day were ”really basic things.” “It speaks of an apathy or a complacency that is really unacceptable in an organization like the Secret Service,” Green said. The task force conducted 46 transcribed interviews, attended over a dozen briefings and reviewed over 20,000 documents. Members also visited the site of both assassination attempts and went to the FBI’s laboratory in Quantico, Virginia, to look at evidence. Rowe said Thursday that the agency's internal investigation , whose findings were released last month, identified failures by multiple employees. He noted that the quality of the advance work — the people who scope out event locations ahead of time — did not meet agency standards. He vowed accountability for those who fell down on the job. Many of the investigations have centered on why buildings near the rally with a clear line of sight to the stage where Trump was speaking were not secured in advance. The gunman, Thomas Crooks, climbed onto the roof of one of them and opened fire before being killed by a Secret Service counter-sniper. Rowe pointed to the failure to protect the building as the most glaring oversight that day. He also was asked about the morale of agents and new hires. Rowe said applications are actually up this year — the agency made a net gain of about 200 agents during the past fiscal year, meaning both new agents were hired and veteran agents retained.WASHINGTON (AP) — President-elect pick for intelligence chief fresh scrutiny Monday on Capitol Hill about amid the of that country’s hardline Assad rule. Gabbard ignored shouted questions about her as she ducked into one of several private meetings with senators who are being asked to confirm . Related Articles But the Democrat-turned-Republican Army National Reserve lieutenant colonel delivered a statement in which she reiterated her support for Trump’s America First approach to national security and a more limited U.S. military footprint overseas. “I want to address the issue that’s in the headlines right now: I stand in full support and wholeheartedly agree with the statements that President Trump has made over these last few days with regards to the developments in Syria,” Gabbard said exiting a Senate meeting. The incoming president’s Cabinet and top administrative choices are dividing his Republican allies and , if not full opposition, from Democrats and others. Not just Gabbard, but other Trump nominees including Pentagon pick Pete Hegseth, were back at the Capitol ahead of what is expected to be volatile confirmation hearings next year. The incoming president is working to put his team in place for an of mass immigrant deportations, firing federal workers and rollbacks of U.S. support for Ukraine and NATO allies. “We’re going to sit down and visit, that’s what this is all about,” said Sen. Mike Rounds, R-S.D., as he welcomed Gabbard into his office. Meanwhile, Defense Secretary pick to be picking up support from once-skeptical senators, the former Army National Guard major denying sexual misconduct allegations and pledging not to drink alcohol if he is confirmed. The president-elect’s choice to lead the FBI, , who has written extensively about locking up Trump’s foes and proposed dismantling the Federal Bureau of Investigation, launched his first visits with senators Monday. “I expect our Republican Senate is going to confirm all of President Trump’s nominees,” said Sen. Tom Cotton, R-Ark., on social media. Despite widespread concern about the nominees’ qualifications and demeanors for the jobs that are among the highest positions in the U.S. government, Trump’s team is portraying the criticism against them as nothing more than political smears and innuendo. Showing that concern, have urged Senate leaders to schedule closed-door hearings to allow for a full review of the government’s files on Gabbard. Trump’s allies have described the in particular as similar to those lodged against Brett Kavanaugh, the former president’s Supreme Court nominee who denied a sexual assault allegation and went on to be confirmed during Trump’s first term in office. Said Sen. Lindsey Graham, R-S.C., about Hegseth: “Anonymous accusations are trying to destroy reputations again. We saw this with Kavanaugh. I won’t stand for it.” One widely watched Republican, Sen. Joni of Iowa, herself a former Army National Guard lieutenant colonel and sexual assault survivor who had been criticized by Trump allies for her cool reception to Hegseth, appeared more open to him after their follow-up meeting Monday. “I appreciate Pete Hegseth’s responsiveness and respect for the process,” Ernst said in a statement. Ernst said that following “encouraging conversations,” he had committed to selecting a senior official who will “prioritize and strengthen my work to prevent sexual assault within the ranks. As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” Ernst also had praise for Patel — “He shares my passion for shaking up federal agencies” — and for Gabbard. Once a rising Democratic star, Gabbard, who represented Hawaii in Congress, arrived a decade ago in Washington, her surfboard in tow, a new generation of potential leaders. She ran unsuccessfully for president in 2020. But Gabbard abruptly left the party and briefly became an independent before joining with Trump’s 2024 campaign as one of his enthusiasts, in large part over his disdain for U.S. involvement overseas and opposition to helping Ukraine battle Russia. Her visit to Syria to meet with then-President Bashar Assad around the time of Trump’s first inauguration during the country’s bloody civil war stunned her former colleagues and the Washington national security establishment. The U.S. had severed diplomatic relations with Syria. Her visit was seen by some as legitimizing a brutal leader who was accused of war crimes. Gabbard has defended the trip, saying it’s important to open dialogue, but critics hear in her commentary echoes of Russia-fueled talking points. Assad fled to Moscow over the weekend after Islamist rebels overtook Syria in a surprise attack, ending his family’s five decades of rule. She said her own views have been shaped by “my multiple deployments and seeing firsthand the cost of war and the threat of Islamist terrorism.” Gabbard said, “It’s one of the many reasons why I appreciate President Trump’s leadership and his election, where he is fully committed, as he has said over and over, to bring about an end to wars.” Last week, the nearly 100 former officials, who served in both Democratic and Republican administrations, said in the letter to Senate leaders they were “alarmed” by the choice of Gabbard to oversee all 18 U.S. intelligence agencies. They said her past actions “call into question her ability to deliver unbiased intelligence briefings to the President, Congress, and to the entire national security apparatus.” The Office of the Director of National Intelligence was created after the Sept. 11, 2001, attacks to coordinate the nation’s intelligence agencies and act as the president’s main intelligence adviser.
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, /PRNewswire/ -- PEAK6 Investments LLC ("PEAK6") today announced that, effective , it will move its global headquarters from its current location in to the company's existing office in , which it established in 2021. PEAK6 affiliates PEAK6 Group LLC, PEAK6 Strategic Capital LLC, PEAK6 APX Holdings LLC and PEAK6 LLC will also relocate their global headquarters to . PEAK6 will maintain its office in . " has been a cornerstone of PEAK6's growth for over a decade," said PEAK6 Co-Founder and Co-CEO, , who continued, "With the majority of our talented workforce now based in and emerging as our largest office, moving our headquarters was an important decision to be closer to our team. We're excited for the next chapter of PEAK6 that will be written from our new headquarters." unique blend of creativity, technology and culture provides the ideal environment for PEAK6. The city's highly educated workforce, business climate, and strong entrepreneurial spirit have enabled us to attract top talent and drive innovation. PEAK6 uses technology to find a better way of doing things. The company's first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6's core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, We Insure, FOCUS, Zogo, Evil Geniuses and Poker Power. View original content to download multimedia: SOURCE PEAK6 InvestmentsNone
Silver Strikers and FCB Nyasa Bullets have said their new coaches will be at liberty choose their backroom staff. The Bankers have confirmed the appointment of Peter Mgangira as the head coach, replacing his former boss Peter ‘Mjojo’ Mponda who is set to take over from Zimbabwean Kallisto Pasuwa at Bullets. The development points to local teams adapting to modern ways of managing clubs. Silver chief executive officer (CEO) Patrick Chimimba confirmed in an interview yesterday that Mgangira will choose who he wants to work with. “Silver Strikers FC has given the head coach the liberty to choose his backroom staff,” he said. Apart from Mgangira, who was Mponda’s first assistant, Silver’s backroom staff has second assistant coach Young Chimodzi Jnr, strikers trainer Zicco Mkanda, data analyst Tawonga Chimodzi, welfare manager Cassim Wasili, team manager Emmanuel Chipatala, team doctor Chikondi Kaminga, physiotherapist Andrew Mtalimanja and kit manager Baby Kamwambi. On the other hand, Bullets acting CEO Albert Chigoga said: “I suppose that the modern game of football gives coaches an opportunity to bring their own coaching staff. “While continuity in most cases is ideal, allowing any coach to bring on board his support staff is practically ideal. This has always been the practice at Bullets lately.” Bullets’ current backroom staff includes assistant coach Michael Ngore, strikers trainer Heston Munthali, physical trainer Fischer Kondowe, team manager James Chilapondwa and Vincent Gona as goalkeepers coach. Meanwhile, Mgangira said in an interview yesterday that he is ready for his new task. “I have always been ready, I was just waiting for an opportunity and I feel this is the right time,” he said. The former Flames, Silver and Jomo Cosmos midfield maestro added: “I know the culture and the club’s demands. I will give it my all for the sake of those who love the team. “However, this will not be a one-man show, I will need the support from management, fellow technical panel members, supporters and indeed the players. We’ll need to pull in the same direction to achieve results.” On whether he is under pressure, having taken over the mantle after winning the TNM Super League title, Mgangira said: “Pressure is always there, but remember I was part of the title winning team and I know which buttons to press. That alone gives me extra motivation and the hunger.” In a confirmation statement released on Saturday, Silver described Mgangira as a dedicated member of the coaching panel and the club’s distinguished former player. “Mr Mgangira brings unparalleled knowledge of the club’s culture and values. His extensive coaching experience, combined with his qualifications, position him as the ideal candidate to steer the team forward,” reads the statement “Mr Mgangira has been an integral part of the Silver Strikers technical panel, contributing significantly to the club’s success, including the 2024 TNM Super League championship title.”
TUCSON, Ariz. (AP) — Snoop Dogg has nearly as many ties to football as he does to rap music. The entertainer coached youth football for years and created the Snoop League, an after-school program for inner city Los Angeles youths. Snoop has been a guest analyst on football broadcasts and his son, Cordell Broadus, played Division I football. When Snoop took his latest step, becoming the sponsor of a bowl game, he had a demand: Find a way for all players in the game to receive name, image and likeness (NIL) money. “This was Snoop's idea,” said Kym Adair, executive director of the Snoop Dogg Arizona Bowl presented by Gin & Juice. “He was having conversations with people he knows in the college football world and I got a call that said he wants us to be the first bowl to make this commitment and that's what we did.” The beneficiaries are Colorado State and Miami (Ohio), who will conclude their seasons Saturday at Arizona Stadium in the Arizona Bowl. The bowl is classified as a 501(c)(3), so all revenue goes to charity. And, being one of the few bowls not tied to ESPN, it opens the door for unique sponsorship opportunities. The bowl was previously sponsored by Barstool Sports and the digital media company used its own cast of characters on the broadcast, which was streamed on its digital platforms. Snoop Dogg takes over this year. The rapper/entertainer is the latest celebrity to sponsor a bowl, following the footsteps of Jimmy Kimmel and Rob Gronkowski at the LA Bowl. And, Snoop being Snoop, he wanted to put his own spin on his own bowl. “College football fans are exhausted by the constant talk around NIL, conference realignment, coach movement, transfer portal and super conferences,” Snoop said in a video posted on social media. “So it’s time that we get back to the roots of college football — when it was focused on the colleges, the players and the competition, the community, the fan experience and the pageantry.” With that will be an NIL component. The bowl can't pay players just for playing in the bowl, but both teams participated in football clinics on Friday and will get paid for their services. Other bowls have given single players NIL opportunities, but this is believed to be the first to offer it to every player on both teams. “I love the fact that the Arizona Bowl is unique and tries new things, and obviously having Snoop here is unique,” Colorado State coach Jay Norvell said. “The NIL component, it’s the future. It’s what football has become now. We think it’s fantastic for our kids and then the interaction with the kids is the hidden gem of the whole thing.” The NIL component of the Snoop Dogg Arizona Bowl comes a month after a similar effort in The Players Era Festival basketball tournament in Las Vegas. The eight-team tournament said it paid out $9 million in NIL money to participating players for activities outside the competition. It also offered $50 million in NIL opportunities over the next three years for services and activities compliant with NCAA regulations. Are the Players Era Festival and Arizona Bowl the start of a new future? It is not out of the question in big-time college athletics, where schools are already preparing for the era of revenue sharing with players next year. “Revenue sharing between the players and the athletic departments is already on the horizon, so whether that takes the place of these types of arrangements or they're completely separate has yet to be determined," Adair said. "We're just trying to be flexible, ahead of the curve and make an impact any way we can.” Just the way Snoop wants it. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballJust one mutation can make H5N1 bird flu a threat to humans, California researchers say