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Lawmakers press Pentagon to re-ground Ospreys until safety issues can be addressed
After Trump’s win, Black women are rethinking their role as America’s reliable political organizersTech and growth stocks have dragged Wall Street's main indexes lower at the end of an upbeat holiday-shortened week that was driven by expectations around a traditionally strong period for markets. Yields on some US Treasury notes were higher on the day, with the ones on the benchmark 10-year note hovering near an over seven-month high they hit on Thursday. The yields on the benchmark 10-year note were last at 4.587 per cent. Rate-sensitive growth stocks dropped with Nvidia down three per cent and Tesla off by 3.8 per cent, while Microsoft shed two per cent. Ten of the 11 major S&P sectors, including information technology and consumer discretionary fell the most, down about two per cent and 1.9 per cent, after powering most of the broader market's gains in 2024. "Tech, which has had a tremendous run, is starting to pull back. It is the beginning of a healthy correction that will get focused in on over the next four to eight weeks as we switch administrations," said Jay Woods, Chief Global Strategist at Freedom Capital Markets. In early trading on Friday, the Dow Jones Industrial Average fell 329.50 points, or 0.76 per cent, to 42,996.30, the S&P 500 lost 70.22 points, or 1.16 per cent, to 5,967.60 and the Nasdaq Composite lost 356.63 points, or 1.77 per cent, to 19,665.01. As of Thursday's close, the S&P 500 had recovered most of last week's losses that stemmed from the US Federal Reserve projecting fewer interest rate cuts in 2025 and hurting risk appetite. All three indexes are still set for weekly gains, with the benchmark index now about 2.3 per cent below its all-time high of 6,099.97 points clinched on December 6. With three sessions left to close out the year, markets are in the stock-buying season called the "Santa Claus rally" - the last five sessions of December and the first two of January. Since 1969, the S&P 500 has climbed 1.3 per cent on average in the seven-day trading period, according to the Stock Trader's Almanac. US equities have broadly extended their gains from a stellar November, when Donald Trump won the US presidential election, as hopes of pro-business policies under the incoming administration stoked optimism. Trading volumes in this holiday-shortened week have been below the average of the last six months and are likely to remain subdued until Jan. 6. The next major focus for markets will be the December employments report due on Jan. 10. Among individual movers, Amedisys gained four per cent after the home health service provider and insurer UnitedHealth extended the deadline to close their $US3.3 billion ($A5.3 billion) merger. Declining issues outnumbered advancers by a 3.01-to-1 ratio on the NYSE and by a 3-to-1 ratio on the Nasdaq. The S&P 500 posted two new 52-week highs and two new lows, while the Nasdaq Composite recorded 44 new highs and 35 new lows.
Republicans were ‘traumatised’ by revelations about spy ‘Stakeknife’CHENNAI: It wasn’t an auspicious start for new coach Scott Flemming as Team India succumbed to a 53–69 defeat against Qatar in the second window qualifier of the FIBA Asia Cup 2025 at the Nehru Indoor Stadium in Chennai. Flemming emphasised taking it one step at a time, focusing on the upcoming match against Kazakhstan. He reflected on missed opportunities that cost the host dearly on Friday evening. India produced a decent show, going toe-to-toe with the Asian powerhouse. Captain Muin Bek stood out for India, scoring the team’s first points in the early minutes and finishing as its highest scorer. India dominated the first two quarters, heading into the break with the scores reading India: 31, Qatar: 36. However, after the break, India struggled to match Qatar’s pace and was pushed onto the back foot. For more than five minutes, the team failed to penetrate the circle as Qatar’s Hashim Abbasher and Tyler Harris controlled the game with quick moves and accurate throws. The scoreline shifted significantly after the third quarter, with India trailing at 39 points to Qatar's 50. “I’ve only been here since August. I can’t coach a team to improve significantly in just two months. We took shots, but they didn’t go in, so we’re not making excuses. Qatar has players with height and athleticism that we lack, and they outplayed us. As a team, we need to focus on our strengths. We have good shooters, but it just didn’t click tonight,” said Flemming at the post-match conference. India attempted numerous three-pointers, unable to break into the Qatari inner circle, but most of these efforts failed, ultimately costing the team dearly. “We’ll continue working on our finishing and executing our plays. It wasn’t a terrible game in terms of assists and turnovers, so at least we took care of the basketball for the most part,” Flemming added. In the final quarter, Muin Bek managed to score a few baskets, but it wasn’t enough. India ended the game winless and now sits at the bottom of Group E in the qualifier standings.None
Live Blog: Soo Greyhounds at Erie OttersInternational Paper Co. stock rises Friday, still underperforms marketSokoto State Governor, Ahmed Aliyu, has launched the distribution of cash grants to 9,700 beneficiaries under the Livelihood Grant and Social Cash Transfer Payment schemes, part of the Sokoto Community Action for Resilient and Economic Stimulus (SOSCARES) program. This initiative aims to improve living conditions, reduce poverty, and promote self-reliance among residents. Since assuming office, Governor Aliyu’s administration has disbursed financial support to thousands of beneficiaries under the Sokoto CARES program. Aliyu stated this at the flag-off payment of Livelihood and Social Cash Transfer Grants to beneficiaries under the Sokoto State CARES Programme. The programme is among many programmes being introduced by Governor Ahmed Aliyu’s administration to improve the living conditions of people, reduce poverty as well promote their self-dependency. Gov Aliyu said his administration on Assumption of leadership, disbursed several financial supports to thousands of beneficiaries under the Sokoto CARES programme. Under the Small and Medium Enterprises Scheme state government disbursed N1.5 billion to over 8,300 beneficiaries with the lowest grant size of One hundred thousand and a maximum size of Five hundred. Similarly, Under Fadama CARES a total of over 48,000 smallholder farmers received various agricultural inputs. ‘We have equally constructed many rural roads across the 3 senatorial zones across the state to facilitate transportation of farm produce to markets. This is in addition to the disbursement of grinding machines and small ruminants to hundreds of beneficiaries free of charge. ‘Today’s event is yet another ground-breaking one, we would insha Allah commence the disbursement of Livelihood Grant to Economically Active beneficiaries to support their livelihood. According to him, a total of 9,700 beneficiaries will start receiving their alert today, of N75,000, N100,000 and N150,000 each. This grant is to support and encourage your livelihood endeavours. Aliyu said his administration has equally inherited a payment backlog of 4 months of Social Cash Transfers of 40,000 each to 1,950 beneficiaries. A total of 640 beneficiaries have so far corrected their BVN with their NIN in line with the CBN provisions, and they will start receiving their alert today. He further said reconciliation of the remaining will continue simultaneously with their payment, No one will be left behind. The State government has already made funds available to the Delivery Platforms for the enrolment of a new set of beneficiaries. 3,000 new beneficiaries would be enrolled under Social Cash Transfers, 10,000 beneficiaries under Livelihood and over 13,000 new beneficiaries under Operational Grants to SMEs, all of these are with immediate effect. He reiterates his administration’s determination to continue to introduce poverty reduction initiatives to make teeming Populace productive and enterprising. He calls on the beneficiaries of the social cash transfer, Operational Grants and other forms of interventions to make the best use of the monies given to them by investing the money in the best way that it will generate income for them. While commending other partners in the poverty reduction interventions for their uncommon support towards making our programmes successful.
Albion dominated for large periods on a foggy evening at the Amex Stadium Brighton were booed off after their winless run was stretched to six Premier League games by a frustrating goalless draw against away-day strugglers Brentford. Albion dominated for large periods on a foggy evening at the Amex Stadium and hit the woodwork inside four minutes through Julio Enciso. Bees goalkeeper Mark Flekken also made a string of important saves before being forced off injured in the 36th minute, albeit his replacement Hakon Valdimarsson was rarely tested on his Premier League debut. Brentford, who remain without a top-flight away win this term, had an early Yoane Wissa finish ruled out for offside following VAR intervention but barely threatened, despite an improved second-half showing. The Seagulls remain 10th ahead of Monday’s trip to Aston Villa, with Thomas Frank’s visitors a position and two points below moving towards their New Year’s Day showdown with Arsenal. Brighton have plummeted from second place to mid-table amid a poor run of form which has increased scrutiny on head coach Fabian Hurzeler. Seagulls chief executive Paul Barber called for perspective from fans in his programme notes after revealing he revealed emails “full of doom and gloom” following the recent 3-1 home defeat to rivals Crystal Palace. Enciso, one of two players recalled by Hurzeler following Saturday’s 1-1 draw at West Ham, almost gave Albion a dream start. A poor pass from Bees goalkeeper Flekken was intercepted by Carlos Baleba and, following a neat layoff from Joao Pedro, Paraguay forward Enciso curled against the right post. Brentford arrived in Sussex with the worst away record in the division, having previously taken a solitary point from 24 available this term. Flekken saved well from Baleba and then collected a tame header from the unmarked Enciso before the away side thought they had snatched a 13th-minute lead. After being slipped in by Mads Roerslev at the end of a swift counter-attack, Wissa thumped high into the net beyond Seagulls keeper Bart Verbruggen only to be ruled marginally offside. Flekken made further saves from Brajan Gruda and Matt O’Riley before hurting himself keeping out a deflected Kaoru Mitoma cross and being replaced by 23-year-old Iceland international Valdimarsson. Brentford remained on the back foot and, aside from Wissa’s disallowed effort, offered little going forward in a one-sided opening period which somehow ended level. Brighton defender Jan Paul van Hecke produced a crucial block to deny Wissa as the west London club began the second half brightly before Christian Norgaard’s ambitious effort deflected wide amid groans from increasingly restless home fans. Hurzeler responded with a triple change, introducing Yasin Ayari, Simon Adingra and Yankuba Minteh in place of O’Riley, Gruda and Mitoma. Albion forward Pedro then escaped punishment in the 76th minute after swinging an arm at Bees substitute Yehor Yarmoliuk without making contact before defender Ben Mee became the second visiting player to depart injured. The introduction of Solly March in the 88th minute for his first appearance since suffering a serious knee injury in October last year briefly lifted the mood on the terraces. But, following a frantic five minutes of added time, some Seagulls supporters vented their displeasure at full-time as their club’s wait for victory goes on.
Taylor Sheridan asked Texas legislators to support film incentives. Here’s what could happen