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The Associated Press NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing . But it wasn’t just Apple, Nvidia and the like. Bitcoin , gold and other investments also drove higher. Here’s a look at some of the numbers that defined the year. All are as of Dec. 20. Remember when President Bill Clinton got impeached or when baseball’s Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S. stock market closed out a second straight year with a leap of at least 20%, something the S&P 500 is on track to do again this year. The index has climbed 24.3% so far this year, not including dividends, following last year’s spurt of 24.2%. The number of all-time highs the S&P 500 has set so far this year. The first came early, on Jan. 19, when the index capped a two-year comeback from the swoon caused by high inflation and worries that high interest rates instituted by the Federal Reserve to combat it would create a recession. But the index was methodical through the rest of the year, setting a record in every month outside of April and August, according to S&P Dow Jones Indices. The latest came on Dec. 6. The number of times the Federal Reserve has cut its main interest rate this year from a two-decade high, offering some relief to the economy. Expectations for those cuts, along with hopes for more in 2025, were a big reason the U.S. stock market has been so successful this year. The 1 percentage point of cuts, though, is still short of the 1.5 percentage points that many traders were forecasting for 2024 at the start of the year. The Fed disappointed investors in December when it said it may cut rates just two more times in 2025, fewer than it had earlier expected. That’s how many points the Dow Jones Industrial Average rose by the day after Election Day, as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world . The more widely followed S&P 500 soared 2.5% for its best day in nearly two years. Aside from bitcoin, stocks of banks and smaller winners were also perceived to be big winners. The bump has since diminished amid worries that Trump’s policies could also send inflation higher. Related Articles Economy | Holiday shoppers increased spending by 3.8% despite higher prices Economy | US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high Economy | A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now? Economy | An analyst looks ahead to how the US economy might fare under Trump Economy | How to avoid financial stress during the holiday season The level that bitcoin topped to set a record above $108,000 this past month. It’s been climbing as interest rates come down, and it got a particularly big boost following Trump’s election. He’s turned around and become a fan of crypto, and he’s named a former regulator who’s seen as friendly to digital currencies as the next chair of the Securities and Exchange Commission, replacing someone who critics said was overly aggressive in his oversight. Bitcoin was below $17,000 just two years ago following the collapse of crypto exchange FTX. Gold’s rise for the year, as it also hit records and had as strong a run as U.S. stocks. Wars around the world have helped drive demand for investments seen as safe, such as gold. It’s also benefited from the Fed’s cut to interest rates. When bonds are paying less in interest, they pull away fewer potential buyers from gold, which pays investors nothing. It’s a favorite number of Elon Musk, and it’s also a threshold that Tesla’s stock price passed in December as it set a record. The number has a long history among marijuana devotees, and Musk famously said in 2018 that he had secured funding to take Tesla private at $420 per share . Tesla soared this year, up from less than $250 at the start, in part because of expectations that Musk’s close relationship with Trump could benefit the company. That’s how much revenue Nvidia made in the nine months through Oct. 27, showing how the artificial-intelligence frenzy is creating mountains of cash. Nvidia’s chips are driving much of the move into AI, and its revenue through the last nine months catapulted from less than $39 billion the year before. Such growth has boosted Nvidia’s worth to more than $3 trillion in total. GameStop’s gain on May 13 after Keith Gill, better known as “Roaring Kitty,” appeared online for the first time in three years to support the video game retailer’s stock, which he helped rocket to unimaginable heights during the “ meme stock craze ” in 2021. Several other meme stocks also jumped following his post in May on the social platform X, including AMC Entertainment. Gill later disclosed a sizeable stake in the online pet products retailer Chewy, but he sold all of his holdings by late October . That’s how much the U.S. economy grew, at annualized seasonally adjusted rates, in each of the three first quarters of this year. Such growth blew past what many pessimists were expecting when inflation was topping 9% in the summer of 2022. The fear was that the medicine prescribed by the Fed to beat high inflation — high interest rates — would create a recession. Households at the lower end of the income spectrum in particular are feeling pain now, as they contend with still-high prices. But the overall economy has remained remarkably resilient. This is the vacancy rate for U.S. office buildings — an all-time high — through the first three quarters of 2024, according to data from Moody’s. The fact the rate held steady for most of the year was something of a win for office building owners, given that it had marched up steadily from 16.8% in the fourth quarter of 2019. Demand for office space weakened as the pandemic led to the popularization of remote work. That’s the total number of previously occupied homes sold nationally through the first 11 months of 2024. Sales would have to surge 20% year-over-year in December for 2024’s home sales to match the 4.09 million existing homes sold in 2023, a nearly 30-year low. The U.S. housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. A shortage of homes for sale and elevated mortgage rates have discouraged many would-be homebuyers.Revised GDP series will have new, real-time data sources
President-elect Donald Trump now makes his return to golf greens after White House comeback President-elect Donald Trump has returned to his West Palm Beach golf course following his resounding victory over Vice President Kamala Harris in the 2024 election, reported The New York Post. Trump, known for his love of golf, was seen riding in his golf cart and greeting club members, just months after surviving an assassination attempt on the same course. IPL 2025 mega auction IPL Auction 2025: Who went where and for how much IPL 2025: Complete list of players of each franchise Trump had momentarily stepped away from golfing during the intense final stretch of his campaign and after the shocking incident on September 15. Ryan Wesley Routh , the accused gunman, reportedly exploited a known security flaw at the Trump International Golf Club to attempt the attack. The Secret Service intervened, spotting Routh’s rifle barrel emerging from the tree line and neutralising the threat before apprehending him later. Now back in his element, Trump has made the golf course a regular lunchtime stop. He was recently spotted wearing a MAGA hat and a red quarter-zip sweater, warmly engaging with members and their families. During one encounter, Trump invited a young girl to sit in his golf cart, joking, “Oh, I love that girl. I love that hair. Can I buy your hair? I’ll pay you millions for it.” Earlier, Trump was also seen playing golf with his granddaughter Kai Trump, who has set her sights on surpassing his “club championship” record. When not on the golf course, Trump has been focused on selecting his cabinet members and political appointees for his incoming administration. Over the weekend, he was seen dining with his wife Melania, her father Victor Knavs, and his son Barron Trump, who is on a break from his studies at New York University. Trump also met with key advisers, including Elon Musk, as he continues to shape his leadership team for his next term. Enhanced security following assassination attempts The Secret Service has significantly increased security at Trump’s events and properties following two assassination attempts in recent months. In addition to the September 15 incident, Trump narrowly escaped another attack at a July rally in Butler, Pennsylvania, where a gunman fired at him, wounding him in the ear. Mar-a-Lago, Trump’s private residence, has seen security measures tightened considerably. According to The New York Post, the northern entrance to the estate has been closed off, requiring members to detour through West Palm Beach. The resort and its surrounding areas are regularly swept by Secret Service and Department of Homeland Security officers when Trump is on-site, with members subjected to rigorous airline-style security checks.How Much Would your favorite childhood toy cost today?
Mission to Bring Austin Tice Home: A U.S. Push for a Journalist's FreedomHow the stock market defied expectations again this year, by the numbers
Essex Police have closed an investigation into a journalist for alleged incitement of racial hatred over a post online that has since been deleted. An independent review will be launched into the force’s handling of the case. Telegraph columnist Allison Pearson said she was wearing her dressing gown when she was spoken to by two constables from Essex Police on Remembrance Sunday, about a year-old post on social media platform X, formerly Twitter. News of the visit sparked a backlash, including from former Conservative prime ministers Boris Johnson and Liz Truss, who both called the incident “appalling”, and X owner Elon Musk. Essex Police had been carrying out an investigation under the Public Order Act but said on Thursday that it decided to take “no further action” after the Crown Prosecution Service advised that no charges should be brought. The force added that the National Police Chiefs’ Council hate crime lead has agreed to conduct an independent review into the force’s handling of the matter. An Essex Police spokesman said: “We investigate crimes reported to us without fear or favour. “We’re sometimes faced with allegations of crime where people have strong opposing views. “That’s why we work so hard to remain impartial and to investigate allegations, regardless of where they might lead.” Conservative Party leader Kemi Badenoch and shadow home secretary Chris Philp called for the guidelines on non-crime hate incidents (NCHIs) to be reviewed in the wake of the case against Ms Pearson being dropped. Very pleased that Essex Police have now dropped this investigation into @AllisonPearson . Journalists should not be getting visits from the police for expressing opinions. The credit goes to Allison for standing her ground. Non-crime hate incident reports have increased... — Kemi Badenoch (@KemiBadenoch) November 21, 2024 Ms Badenoch said in a post on X, formerly Twitter: “Journalists should not be getting visits from the police for expressing opinions. “Non-crime hate incident reports have increased exponentially as they appear to be used beyond the original intentions of the legislation created over 20 years ago. “It’s time to look (yet again) at the guidelines and review whether the overall policy is still fit for purpose.” Mr Philp took to social media to say: “It should never have come to this. The police should not be policing thought or speech. “Police time should only be spent on criminality or behaviour likely to lead imminently to criminality. “I urge the Govt to urgently change the guidelines on NCHIs to stop it happening again.” Reform UK leader Nigel Farage said he was “delighted” the case has been dropped, adding that his party would “repeal” hate speech laws. Speaking on her Planet Normal podcast, Ms Pearson said the visit by Essex Police “upset” her. “Whatever I did or didn’t tweet, if somebody found it offensive, that to me is still not a reason for two policemen to come to my house on a Sunday morning,” she said.WASHINGTON (AP) — A person accused of accosting U.S. Rep. Nancy Mace in a Capitol Office building pleaded not guilty on Wednesday to a misdemeanor assault charge. Witnesses told police that James McIntyre, 33, of Chicago, shook Mace's hand in an “exaggerated, aggressive” manner after approaching the South Carolina Republican in the Rayburn House Office Building on Tuesday evening, according to a police affidavit. Mace, who is identified only by her initials in a court filing, posted a string of social media messages about the incident. She said she was “physically accosted” at the Capitol, and she thanked President-elect Donald Trump for calling her Wednesday morning to check on her condition. “I’m going to be fine just as soon as the pain and soreness subside,” Mace wrote. Mace declined to be treated by a paramedic after her encounter with McIntyre, who was arrested Tuesday by the Capitol Police, the affidavit says. Mace told police that McIntyre said, “Trans youth serve advocacy,” while shaking her hand. Last month, Mace that would prohibit any lawmakers and House employees from “using single-sex facilities other than those corresponding to their biological sex.” Mace said the bill is aimed specifically at Delaware Democrat Sarah McBride — the to be elected to Congress. A magistrate judge ordered McIntyre’s release after an arraignment in Superior Court of the District of Columbia. Efforts to reach an attorney for McIntyre weren't immediately successful.Find the links between the words to win today's game of Connections. Looking for Monday’s Connections hints and answers instead? You can find them here: Hey, there! This will already be the last work or school day of the week for many people ahead of a travel day tomorrow. In any case, I hope your week’s off to a terrific start. Today’s NYT Connections hints and answers for Tuesday, November 26, are coming right up. How To Play Connections Connections is a free, popular New York Times daily word game. You get a new puzzle at midnight every day. You can play on the NYT website or Games app. You’re presented with a grid of 16 words. Your task is to arrange them into four groups of four by figuring out the links between them. The groups could be things like items you can click, names for research study participants or words preceded by a body part. There’s only one solution for each puzzle, and you’ll need to be careful when it comes to words that might fit into more than one category. You can shuffle the words to perhaps help you see links between them. This Viral Smart Bassinet Is 30% Off With The Snoo Black Friday Sale The 50 Best Black Friday Deals So Far, According To Our Deals Editors Each group is color coded. The yellow group is usually the easiest to figure out, blue and green fall in the middle, and the purple group is usually the most difficult one. The purple group often involves wordplay. Select four words you think go together and press Submit. If you make a guess and you’re incorrect, you’ll lose a life. If you’re close to having a correct group, you might see a message telling you that you’re one word away from getting it right, but you’ll still need to figure out which one to swap. If you make four mistakes, it’s game over. Let’s make sure that doesn’t happen with the help of some hints, and, if you’re really struggling, today’s Connections answers. As with Wordle and other similar games, it’s easy to share results with your friends on social media and group chats. If you have an NYT All Access or Games subscription, you can access the Connections archive . This includes every previous game of Connections , so you can go back and play any of those that you have missed. Aside from the first 60 games or so, you should be able to find my hints for each grid via Google if you need them! Just click here and add the date of the game for which you need clues or the answers to the search query. What Are Today’s Connections Hints? Scroll slowly! Just after the hints for each of today’s Connections groups, I’ll reveal what the groups are without immediately telling you which words go into them. Today’s 16 words are... And the hints for today’s Connections groups are: What Are Today’s Connections Groups? Need some extra help? Be warned: we’re starting to get into spoiler territory. Today’s Connections groups are... What Are Today’s Connections Answers? Spoiler alert! Don’t scroll any further down the page until you’re ready to find out today’s Connections answers. This is your final warning! Today’s Connections answers are... I got a little lucky with a 50/50 shot on my last life to extend my streak to five wins. Here's how I fared: 🟨🟨🟨🟨 🟩🟩🟩🟩 🟪🟦🟪🟪 🟪🟦🟪🟪 🟪🟦🟪🟪 🟪🟪🟪🟪 🟦🟦🟦🟦 It probably says a lot about me that the first thing I thought of when I saw PLAZA was Die Hard (as in Nakatomi Plaza) and The Shining for OVERLOOK (the hotel where the film is set). RITZ is a hotel name too, but I didn't see a fourth word that quite fit. Nonetheless, I got the yellows first. Easy enough. OVERLOOK made sense with the rest of the greens, so I got those next. I thought that TURTLE, GOLDFISH, RITZ and ANIMAL might make up a group of crackers as the blues, so I went with the other four words. That left me one away from a group. I swapped out CLUB for RITZ, but I was still one away. Same thing with ANIMAL. Darn. I was confident that GOLDFISH had to be a cracker, so I tried TURTLE, and that fit the bill. The blues were left for the win. I am unfamiliar with CLUB crackers. I am also sure that I have never in my life heard of the ELOISE series of kids books. I would have had no chance with that group if I didn't have a solid idea about the crackers. And, yes, I did have to use Google for a clue that made sense for the purples. That’s all there is to it for today’s Connections clues and answers. Be sure to check my blog for hints and the solution for Wednesday’s game if you need them. P.S. Let's go with a pair of tracks from a Welsh band that had a couple of hits in the mid-2000s. Every so often, "Monster" and its incredibly hooky chorus will get lodged in my brain and stay there for weeks on end. Follow-up single "Raoul" is a fun one too: If you’re so inclined, please do follow my blog for more coverage of Connections and other word games and even some video game news, insights and analysis. It helps me out a lot!
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Essex Police have closed an investigation into a journalist for alleged incitement of racial hatred over a post online that has since been deleted. An independent review will be launched into the force’s handling of the case. Telegraph columnist Allison Pearson said she was wearing her dressing gown when she was spoken to by two constables from Essex Police on Remembrance Sunday, about a year-old post on social media platform X, formerly Twitter. News of the visit sparked a backlash, including from former Conservative prime ministers Boris Johnson and Liz Truss, who both called the incident “appalling”, and X owner Elon Musk. Essex Police had been carrying out an investigation under the Public Order Act but said on Thursday that it decided to take “no further action” after the Crown Prosecution Service advised that no charges should be brought. The force added that the National Police Chiefs’ Council hate crime lead has agreed to conduct an independent review into the force’s handling of the matter. An Essex Police spokesman said: “We investigate crimes reported to us without fear or favour. “We’re sometimes faced with allegations of crime where people have strong opposing views. “That’s why we work so hard to remain impartial and to investigate allegations, regardless of where they might lead.” Conservative Party leader Kemi Badenoch and shadow home secretary Chris Philp called for the guidelines on non-crime hate incidents (NCHIs) to be reviewed in the wake of the case against Ms Pearson being dropped. Very pleased that Essex Police have now dropped this investigation into @AllisonPearson . Journalists should not be getting visits from the police for expressing opinions. The credit goes to Allison for standing her ground. Non-crime hate incident reports have increased... — Kemi Badenoch (@KemiBadenoch) November 21, 2024 Ms Badenoch said in a post on X, formerly Twitter: “Journalists should not be getting visits from the police for expressing opinions. “Non-crime hate incident reports have increased exponentially as they appear to be used beyond the original intentions of the legislation created over 20 years ago. “It’s time to look (yet again) at the guidelines and review whether the overall policy is still fit for purpose.” Mr Philp took to social media to say: “It should never have come to this. The police should not be policing thought or speech. “Police time should only be spent on criminality or behaviour likely to lead imminently to criminality. “I urge the Govt to urgently change the guidelines on NCHIs to stop it happening again.” Reform UK leader Nigel Farage said he was “delighted” the case has been dropped, adding that his party would “repeal” hate speech laws. Speaking on her Planet Normal podcast, Ms Pearson said the visit by Essex Police “upset” her. “Whatever I did or didn’t tweet, if somebody found it offensive, that to me is still not a reason for two policemen to come to my house on a Sunday morning,” she said.Garrett Wilson has experienced a lot of losing in his three seasons with the New York Jets. Ten losses in his rookie year. Ten last year. And 10 — and counting — this season. The latest came Sunday, when New York held a late lead at Miami but blew it and lost, something that has been an embarrassingly way too common theme. "When you’re up in the fourth quarter, all of a sudden it starts to feel like you have a losing problem,” the wide receiver said after the Jets' 32-26 overtime loss . “You have a gene or some (thing).” It's as good a theory as any at this point, especially for frustrated fans who have watched the Jets (3-10) miss the postseason for 14 straight years . It's the longest active drought in the NFL, a skid that also currently tops any franchise in the NBA, WNBA, NHL or Major League Baseball. “Losing hurts in general,” right guard Alijah Vera-Tucker said Monday. “So when you stack up those L's, that's obviously not where anybody in this building wants to be. That's not anybody's standard at all.” Instead, these Jets are setting dubious marks. They have lost a franchise-worst five games in which they held a fourth-quarter lead. And they've done it in three straight games. New York has nine consecutive losing seasons, also the longest active skid in the NFL. The Jets couldn't even enjoy what interim coach Jeff Ulbrich said Monday was Aaron Rodgers' “best performance of the season.” The 41-year-old quarterback threw for 339 yards — ending a 34-game 300-yard passing drought in the regular season — and a 3-yard touchdown pass to Davante Adams. It wasn't enough. Not when the defense and special teams were having costly breakdowns. Again, with the Jets holding a late lead. And losing. “I wouldn’t say more frustrating, but probably equally frustrating,” Ulbrich said of the latest loss. “There has been, in my opinion, seven games that have come down to the end of the game and have been within one score and we didn’t get it done, and for a lot of different reasons when you look at the span of that seven games. “But we haven’t been good enough in those moments, and we need to be.” What’s working The passing game. The Jets' offense with Rodgers hasn't been nearly as dynamic through the air as most expected. But it has come alive lately, and probably not coincidentally with Rodgers overcoming some nagging leg injuries. The 300-yard game at Miami had Rodgers looking more like the vintage version of the four-time MVP. He was 27 of 39 passing with a season-high 8.7 yards per attempt, leading the Jets to a season-best 402 total yards. “I thought he did a very good job, and obviously the statistics would support that,” Ulbrich said. “He had an excellent day. I thought the offense had probably their best performance of the year.” What needs help Defense vs. the screen. Tua Tagovailoa made quick work of the Jets' defense with a quick release and the Dolphins' use of screen passes. Ulbrich counted 12 of them. “I've never been a part of a game like that,” he said. Ulbrich credited Miami for offsetting New York's aggressive front and slowing it. “I’m taking a hard look at our screen defense,” he said. “We need to be better vs. the screens. Sometimes that’s from an execution standpoint and that’s sometimes from a call standpoint. So we’ve got to make sure that that type of day doesn't occur for the defense. And I have a big part of that.” Stock up LB Jamien Sherwood. With C.J. Mosley going down with various injuries, Sherwood's playing time has increased in his fourth season — and he has produced. He had 18 total tackles, including 13 solo, against the Dolphins and added to his team-leading season total. Sherwood became the first player in the NFL to have 18 or more tackles, two or more for losses and one pass defensed since Denver's Alex Singleton did so in Week 6 of the 2022 season. Stock down Special teams. Anders Carlson made all four of his field-goal attempts, including a go-ahead 42-yarder with 52 seconds left in the fourth quarter. But his kickoff on the ensuing play was returned 45 yards by Malik Washington, helping set up Jason Sanders' 42-yarder with 7 seconds remaining. Carlson acknowledged he was supposed to kick into the end zone for a touchback but mis-hit it. The coverage unit also fell flat in limiting Washington's return. Injuries Ulbrich had no new information on the injuries to RT Morgan Moses, who hurt his left wrist in pregame warmups and left after the first half, or special teams ace Irvin Charles (knee). ... RB Breece Hall (knee) and CB Sauce Gardner missed the game, but Ulbrich said “I’d like to think they’ve got a chance” to play Sunday at Jacksonville. Key number 0 — The Jets had no hits on Tagovailoa, who threw 47 times. “As soon as he snapped the ball, the ball was gone,” Sherwood said. What’s next New York heads to Jacksonville next Sunday, when the loser will move up in the draft order. The Jets currently hold the No. 7 spot, according to tankathon.com, while the Jaguars (3-10) are at No. 5 entering Monday. ___ AP NFL: https://apnews.com/hub/NFL Dennis Waszak Jr., The Associated PressA Nevada commissioner has shot down Rupert Murdoch’s effort to change his family trust to give full control of his media empire to his eldest son, Lachlan, in order to ensure Fox News would retain its conservative editorial bent. In an at-times blistering decision that was filed on Saturday, commissioner Edmund J. Gorman Jr. found that the father and son, who currently leads Fox News parent company Fox Corp and News Corp, had acted in “bad faith” in their attempts to modify the irrevocable trust, the New York Times reported . As it is currently written, the family trust would divide control of the powerful right-wing media empire – which also includes the New York Post , Wall Street Journal and several other British and Australian newspapers – between Murdoch’s four eldest children following the 93-year-old mogul’s death. Gorman contended in his ruling that the proposal to revise the trust amounted to little more than a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” within the Murdoch empire, and did not take into account the “impacts such control would have over the companies or the beneficiaries” of the family trust. Adam Streisand, a lawyer for Rupert Murdoch, told the Times that they were disappointed in the ruling and intended to file an appeal. With the trust remaining unchanged, it sets up a possible scenario in which the other three heirs – James, Elisabeth and Prudence – could potentially out-vote Lachlan for control of the sprawling media conglomerate, even though Lachlan currently runs both Fox and News Corp. While Prudence has been the least involved in the family business, Rupert has at various times considered choosing Lachlan, James or Elisabeth to succeed him. Within the past few years and with James and Elisabeth known to hold more politically moderate views than their dad and older brother, Rupert sought to lock in the right-wing slant of Fox News and his other media properties by positioning Lachlan to take charge. The effort to strip the other three children of all voting power while keeping Lachlan entrenched at the top began in earnest in the middle of last year. At that time, according to the court documents, the children had begun discussing the strategy of dealing with their father’s death behind the scenes, spurred on by the episode in the HBO series Succession when fictional family patriarch Logan Roy suddenly passes away. Under the initial trust agreement , which was meant to be binding, the voting shares would be divided equally among the four oldest children after Rupert’s death. This was due to negotiations with Rupert’s second wife Anna – the mother of James, Lachlan and Elisabeth – who was concerned that her ex-husband’s younger children with his third wife, Wendi Deng, would receive equal voting power. Prudence is Murdoch’s first child with his first wife, Patricia Booker . With a provision in the trust giving Rupert the right to make changes as long as he is acting in all beneficiaries’ best interests, Lachlan and his father looked at a way of amending the arrangement to consolidate Lachlan’s power. It also sought to marginalize James, who they were worried was planning a “coup” with Elisabeth and Prudence to push out Lachlan after their father’s death. Ultimately, Gorman sided overwhelmingly against Rupert and his eldest son, claiming they operated secretly for months and had the ulterior motive of keeping Lachlan in power to keep Fox as a right-wing operation. “The effort was an attempt to stack the deck in Lachlan Murdoch’s favor after Rupert Murdoch’s passing so that his succession would be immutable,” Gorman wrote. “The play might have worked; but an evidentiary hearing, like a showdown in a game of poker, is where gamesmanship collides with the facts and at its conclusion, all the bluffs are called and the cards lie face up,” he added.
British archaeologist Howard Carter opened the tomb of the Egyptian pharaoh Tutankhamun on November 26, 1922, in the Valley of the Kings in Egypt. The news sparked excitement across the world because most of the royal tombs had been plundered from early times and Tutankhamun's was the first to be found almost entirely undisturbed. But the discovery also sparked media reports about a deadly curse for anyone who dared break into a pharaoh's tomb. Speculation about the curse gained momentum when Carter's financial backer, English aristocrat Lord Carnarvon (shown), died just weeks later from blood poisoning. Other sudden and violent deaths followed: an Egyptian prince and expedition benefactor was shot dead by his wife in 1923; then in 1924 the British governor of Sudan was assassinated. The ensuing public frenzy about a pharaoh's curse gradually subsided, but sprang back to life in 1939 when Carter died alone and depressed of cancer aged 64. Midway through a news bulletin on November 26, 1977, a UK television broadcast was interrupted by an other-worldly voice. "This is the voice of Vrillon, a representative of the Ashtar Galactic Command, speaking to you. "For many years you have seen us as lights in the skies. "We speak to you now in peace and wisdom as we have done to your brothers and sisters all over this, your planet Earth." After six minutes, the channel returned to regular programming. The channel, Southern Television, blamed a hoaxer "jamming the transmitter". Widely considered one of the greatest films of all time, Casablanca premiered in New York on November 26, 1942. The film's release was rushed to take advantage of the publicity of the capture of Casablanca by American and British troops during World War II. Following its release it became a hit and went on to win three Oscars at the Academy Awards. Thousands of naked people filled Australia's iconic Bondi Beach on November 26, 2022, to help raise awareness of skin cancer. The event was organised by acclaimed American photographer Spencer Tunick. The more than 2500 participants represented the number of lives lost to skin cancer every year in Australia. Funds raised from the sale of Tunick's photos were donated to skin cancer research. Australian cricket captain Kim Hughes broke down in tears when he announced his shock resignation on November 26, 1984. Hughes had led the team for 28 matches but shocked the nation when he quit following a heavy defeat by the powerful touring West Indies side. He was succeeded by Allan Border. Hollywood's first colour film was released on November 26, 1922. The Toll of the Sea told the story of a Chinese woman who falls in love with a American man. It was a star-making turn for Anna May Wong, who became one of the biggest stars of the silent era. Wong would later leave Hollywood for Europe because she was tired of being passed over for white actors in "yellowface". Central Brisbane became a warzone when mass brawls between Australian and US troops erupted on November 26, 1942, during World War II. The incident became known as The Battle of Brisbane and left an Australian soldier dead and many from both nations injured. The normally warm camaraderie between the two allies during World War II descended into violence after incidents involving alcohol and social and racial divisions. (State Library Queensland) On November 26, 1976, the British punk rock group Sex Pistols released their debut single, Anarchy in the UK. The iconic punk song, which later appeared on the band's album, Never Mind the Bollocks, Here's the Sex Pistols , became an anthem for disheartened young people across the world. The group was dropped by their record company EMI two months later for a foul-mouthed appearance on a live television show.NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured many familiar winners, such as Big Tech, which got even bigger as their . But it wasn’t just Apple, Nvidia and the like. , gold and other investments also drove higher. Here’s a look at some of the numbers that defined the year. All are as of Dec. 20. Remember when President Bill Clinton got impeached or when baseball’s Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S. stock market closed out a second straight year with a leap of at least 20%, something the S&P 500 is on track to do again this year. The index has climbed 24.3% so far this year, not including dividends, following last year’s spurt of 24.2%. The number of all-time highs the S&P 500 has set so far this year. The first came early, on Jan. 19, when the index capped a two-year comeback from the swoon caused by high inflation and worries that high interest rates instituted by the Federal Reserve to combat it would create a recession. But the index was methodical through the rest of the year, setting a record in every month outside of April and August, according to S&P Dow Jones Indices. The latest came on Dec. 6. The number of times the Federal Reserve has cut its main interest rate this year from a two-decade high, offering some relief to the economy. Expectations for those cuts, along with hopes for more in 2025, were a big reason the U.S. stock market has been so successful this year. The 1 percentage point of cuts, though, is still short of the for 2024 at the start of the year. The Fed disappointed investors in December when it said it may cut rates just two more times in 2025, fewer than it had earlier expected. That’s how many points the Dow Jones Industrial Average rose by the day after Election Day, as investors made bets on what Donald will mean for the economy and the . The more widely followed S&P 500 soared 2.5% for its best day in nearly two years. Aside from bitcoin, stocks of banks and smaller winners were also perceived to be big winners. The bump has since diminished amid worries that Trump’s policies could also send inflation higher. The level that bitcoin topped to set a record above $108,000 this past month. It’s been climbing as interest rates come down, and it got a particularly big boost following Trump’s election. He’s turned around and become a fan of crypto, and he’s named a former regulator who’s seen as friendly to digital currencies as the next chair of the Securities and Exchange Commission, replacing was overly aggressive in his oversight. Bitcoin was below $17,000 just two years ago following the Gold’s rise for the year, as it also hit records and had as strong a run as U.S. stocks. Wars around the world have helped drive demand for investments seen as safe, such as gold. It’s also benefited from the Fed’s cut to interest rates. When bonds are paying less in interest, they pull away fewer potential buyers from gold, which pays investors nothing. It’s a favorite number of Elon Musk, and it’s also a threshold that Tesla’s stock price passed in December as it set a record. The number has a long history among marijuana devotees, and Musk famously said in 2018 that he had secured funding to take Tesla private at . Tesla soared this year, up from less than $250 at the start, in part because of expectations that Musk’s close relationship with Trump could benefit the company. That’s how much revenue Nvidia made in the nine months through Oct. 27, showing how the artificial-intelligence frenzy is creating mountains of cash. Nvidia’s chips are driving much of the move into AI, and its revenue through the last nine months catapulted from less than $39 billion the year before. Such growth has boosted Nvidia’s worth to more than $3 trillion in total. after Keith Gill, better known as “Roaring Kitty,” appeared online for the first time in three years to support the video game retailer’s stock, which he helped rocket to unimaginable heights during the “ ” in 2021. Several other meme stocks also jumped following his post in May on the social platform X, including AMC Entertainment. Gill later disclosed a sizeable stake in the online pet products retailer Chewy, but he . That’s how much the U.S. economy grew, at annualized seasonally adjusted rates, in each of the three first quarters of this year. Such growth blew past what many pessimists were expecting when inflation was topping 9% in the summer of 2022. The fear was that the medicine prescribed by the Fed to beat high inflation — high interest rates — would create a recession. Households at the lower end of the income spectrum in particular are feeling pain now, as they contend with still-high prices. But the overall economy has remained remarkably resilient. This is the vacancy rate for U.S. office buildings — an all-time high — through the first three quarters of 2024, according to data from Moody’s. The fact the rate held steady for most of the year was something of a win for office building owners, given that it had marched up steadily from 16.8% in the fourth quarter of 2019. Demand for office space weakened as the pandemic led to the popularization of remote work. That’s through the first 11 months of 2024. Sales would have to surge 20% year-over-year in December for 2024’s home sales to match the 4.09 million existing homes sold in 2023, a nearly 30-year low. The U.S. housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. A shortage of homes for sale and elevated mortgage rates have discouraged many would-be homebuyers.Triller group director Felix Wong sells $2,000 in common stock
NT company’s substantial investment in capacity and jobs