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2025-01-23
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago. It lost ground for the week following three weeks of gains. The Dow Jones Industrial Average slipped 0.2 percent. The Nasdaq composite edged up 0.1 percent. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. RH, formerly known as Restoration Hardware, surged after raising its revenue forecast. Treasury yields rose in the bond market. On Friday: The S&P 500 fell 0.16 points, or less than 0.1 percent, to 6,051.09. The Dow Jones Industrial Average fell 86.06 points, or 0.2 percent, to 43,828.06. The Nasdaq composite rose 23.88 points, or 0.1 percent, to 19,926.72. The Russell 2000 index of smaller companies fell 14.19 points, or 0.6 percent, to 2,346.90. For the week: The S&P 500 is down 39.18 points, or 0.6 percent. The Dow is down 814.46 points, or 1.8 percent. The Nasdaq is up 66.95 points, or 0.3 percent. The Russell 2000 is down 62.10 points, or 2.6 percent. For the year: The S&P 500 is up 1,281.26 points, or 26.9 percent. The Dow is up 6,138.52 points, or 16.3 percent. The Nasdaq is up 4,951.37 points, or 32.7 percent. The Russell 2000 is up 319.82 points, or 15.8 percent. The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.casino games craps

LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. "Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.’’ Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." AP auto racing: https://apnews.com/hub/auto-racingNone

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MIAMI — Despite star running back Javian Mallory sidelined with a lingering hamstring issue, West Boca Raton rode a dominating defensive effort and big plays on offense in winning their first football state championship . Related Articles High School Sports | West Boca Raton wins 6A state championship 26-7 | PHOTOS Playing on the biggest stage, there was no stage fright for the Bulls as they completed a 15-0 season with a 26-7 victory over Kissimmee Osceola on Friday afternoon at Pitbull Stadium on the campus of FIU. It is the first state championship for West Boca and the first state title for a Palm Beach County school since Pahokee eight years ago, first for a county large school since Dwyer in 2013 and the first for a school from south Palm Beach County since American Heritage-Delray was victorious in 2011. “There are a lot of good teams in Palm Beach County, and we played a lot of them and Western from Broward, so it is nice being the top dog, but our schedule during the season prepared us for this moment,” West Boca coach Dylan Potts said. “We knew at the beginning of the season whether we got in going 10-0 or 7-3, the goal was to win a state championship.” The West Boca defense, anchored by defensive tackle Xavier Reid, held 10 of their 15 opponents to eight points or fewer this season. Reid had five tackles and a blocked punt to set up a score. Maxwell Reed led the team with nine tackles, while Aaron Ford and Jamar Thompson each contributed seven tackles. West Boca jumped out to a 10-0 lead as they scored on their first two possessions. The Bulls wasted little time after the defense held the Kowboys (12-3) on their first series. After an incomplete pass, Mason Mallory found junior wide receiver Kyle Andrews alone behind the defense for a 60-yard touchdown. The Bulls capitalized on an Osceola turnover to extend the lead to 10-0 on a 23-yard field goal by John Farfan with 4:51 remaining in the first quarter. West Boca got the ball when Reid blocked a punt that gave West Boca the ball on the Kowboys’ 7. The Bulls got nowhere, and Farfan pushed the margin to 10-0 with a 23-yard field goal. “We came out fast in the first quarter and we needed a big play,” Reid said. “I was able to block the kick. It was a game-changer. It’s amazing...spectacular. Every second we worked to get here.” The Kowboys came to life as they drove 69 yards in 10 plays capped by a 1-yard plunge by UCF commit Taevion Swint with 4:25 to go in the first half to trim the lead to 10-7. Swint finished the game with 14 carries for 115 yards. The Bulls’ defense allowed 0 yards passing and just 170 total yards. Osceola missed a chance to tie the game at the end of the first half when Adrian Gonzalez pushed his 42-yard field goal attempt to the left with 17 seconds remaining. Farfan connected on a 41-yarder to make it 13-7 and then Mason Mallory found Mark Hanniford on the sideline. He outjumped two Kowboys defenders, made one cut to his right, and waltzed into the end zone for a 47-yard TD to extend the lead to 19-7. Hanniford finished with two catches for 140 yards and two scores. “We hadn’t lost all season, so that’s what I was thinking when I ran past their DBs,” Hanniford said. “Missing Javian took a big chunk of our offense away. We missed him, but the defense was strong, and we made plays. It takes 11 players to win a game.” The Bulls iced the game when Trey Moran connected with Hanniford on a 93-yard touchdown pass, touching off a wild celebration on the West Boca sideline. Potts said the game plan all week was to throw the ball and not settle for the run. The Bulls finished with 1 yard on the ground and 241 in the air, including three TDs. Mason Mallory (Javian’s cousin) was 6 of 11 with 147 yards, while Moran added the 93 yards and TD toss. “All the credit goes to those boys over there,” said Potts, pointing to his celebratory sideline. “They worked so hard to get to this point. They played the biggest game of their lives in the biggest moment of their lives. Those kids put so much work in. All three phases, we played lights-out. They were locked in the last five weeks and that is hard to do. They were resilient all year and they finished the job. “It’s the first state championship for us and we are just happy to represent the school, the county and the community. It’s everything we thought we could do this season, but we believe in the work ethic and what the kids accomplished this year. It was something special and I think they could do it again.” Mason Mallory, a junior, said the team was confident. “The coaches have put their trust in me since I was a freshman,” Mallory said. “Nobody knows how much work we put in and we finished 15-0. We knew we could throw the ball on them. My teammates tried to stay calm, cool and collected and I am so happy right now.” Javian Mallory danced and jumped up and down the sideline as he celebrated with his team. “My teammates told me not to worry, that they had my back,” said the junior Super 11 selection by the Sun Sentinel. “I am so proud of my guys, and I believe in them so much. Next year, I get to play. We are going back-to-back.” FAU signee Damon Allen said the game proved that defense wins championships. “We played lights-out defense,” Allen said. “Everybody did their job today.”Star of the new film, 'Reagan,' Dennis Quaid, discusses the legacy of the former president, the film's perspective and its audience reception. "Reagan," the first full-length feature chronicling the life of former President Ronald Reagan, topped Amazon's Best Sellers list after becoming available on Blu-ray, DVD and Digital earlier this month. The film, which stars Dennis Quaid as the 40th president, was released on Blu-ray on November 19 and immediately rose to the top of Amazon's Best Sellers in Blu-ray charts over the weekend. A press release for the movie said the show leapfrogged past ‘Spider-Man: Across The Spider-Verse’, ‘Despicable Me 4’ and ‘The Lord of the Rings: The Motion Picture Trilogy set." I WORKED FOR RONALD REAGAN AND I LOVE HOW LIBERAL CRITICS ARE UPSET ABOUT THE NEW MOVIE Dennis Quaid plays President Ronald Reagan in the new movie, "REAGAN." ((Noah "Nanea" Hamilton/Rawhide Pictures)) "Reagan" outperformed box office expectations in its opening weekend in September, taking the third spot behind "Deadpool & Wolverine" and "Alien: Romulus." Despite boasting a 98% score on Rotten Tomatoes, the biographical drama became a target of left-wing outlets who widely panned the film. The Daily Beast called "Reagan" "the worst movie of the year." Brutal reviews were also published in The Washington Post, Variety, The Wrap and The Hollywood Reporter ahead of the film's opening weekend. In an interview with Fox News Digital last August, Quaid brushed off concerns that portraying a Republican president would get him "canceled." "It's a biopic. It's a love story. It's about all of us as America, where we used to be," Quaid said. "A lot of that gets twisted because people have agendas. And so, yeah, they tried to cancel me a couple of times, but so what?" Reagan may have been a divisive figure to some on the left, Quaid said, but the film about his life is not "political." ‘REAGAN’ STAR DENNIS QUAID BRUSHES OFF BEING ‘CANCELED,’ SAYS FACEBOOK CENSORED MOVIE The film is based on the 40th president. (Getty Images) "When Reagan was president as well, you know, they called him a warmonger. But this is the guy who ended the Cold War, by the way, and made peace with the Soviets. But it took a cold warrior like that. ... And they called him a third-rate actor, this and that," Quaid remarked. Elya Baskin, who also stars in the film, described the significance of his casting in an op-ed he penned for Fox News Digital last year. "When I was offered a role in a picture called "Reagan," I read the script and knew right away that I had to play this role. You see, the role I was asked to play was that of a Soviet citizen by the name of B.E. Kertchman, who, in the 1920s defected to the United States," he wrote. "When I came to America 45 years ago, I thought that I had landed in paradise. People I met were friendly and generous, and the abundance of goods was mind-blowing. In the Soviet Union, I had to spend hours in lines to buy simple things like toilet paper and I could not speak openly about ideas that were not state approved. In America, I could openly express my opinions on everything without fear of being prosecuted," Baskin continued. "I always assumed that it would stay like that in America forever. Unfortunately, I was wrong. This new country that I cherished deeply began to change. I started to notice Marxist ideology – discredited countless times around the world – slowly creeping in into different aspects of our lives," he said. "Traditional moral values were being overturned and using simple common sense was becoming anathema to the intellectual elite. CLICK HERE TO GET THE FOX NEWS APP "Today, just as in the Soviet Union, I have to hide my true feelings and am afraid to express them openly. Those basking in their subjective opinion of what is politically and socially correct just now control what I'm allowed to say and will soon dictate what I am permitted to think." He described the film as possibly the "most important" of his career, characterizing his role in "Reagan" as a "warning." Yael Halon is a reporter for Fox News Digital. Story tips can be sent to yael.halon@fox.com .

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ST. PAUL, Minn. (AP) — Josh Norris broke a tie on a power play with 7:18 left, Leevi Merilainen made 30 saves in his fifth NHL game and the Ottawa Senators beat the Minnesota Wild 3-1 on Sunday night. Ottawa has won seven of its past nine games, while the Wild have lost five of their past seven. The Senators won in Minnesota for the first time since 2016. With starter Linus Ullmark and backup Anton Forsberg out with injuries, the Senators have been relying on Merilainen and Mads Sogaard since before the NHL holiday break. Frederick Gaudreau opened the scoring for Minnesota late in the first period. Ridly Greig tied it early in the second. Claude Giroux added an empty-netter. Takeaways Senators: A team that finds itself surprisingly in a playoff position after missing the postseason the past six seasons topped a Western Conference contender in Minnesota. Norris has been a big part of the Senators' surge and now ranks second on the team with 14 goals. Wild: A lower-body injury kept Kirill Kaprizov out of his second straight game, but Joel Eriksson Ek returned after missing 11 games with a lower-body injury. The Wild are 17-5-4 with Eriksson Ek in the lineup and 5-6-0 without him. Key moment The Wild killed one penalty midway through the third, but Jared Spurgeon went to the box seconds later on a holding call. Norris scored on the power play. Up next The Senators’ nine-game trip continues Thursday at Dallas night. The Wild host Nashville on Tuesday night. ___ AP NHL: https://apnews.com/hub/nhl Phil Ervin, The Associated Press

By John Victor D. Ordoñez, Reporter PHILIPPINE lawmakers should boost next year’s funding for programs geared toward improving early mathematics, literacy, and modern training courses for teachers to address the poor performance of Filipino students in these subjects compared to their global counterparts, analysts said at the weekend. “Incentives can also be provided for teachers to specialize in science technology, engineering, mathematics which are critical to reducing math anxiety and improving teaching pedagogies,” John Paolo R. Rivera, a senior research fellow at the Philippine Institute for Development Studies (PIDS), said in a Viber message. “Government may allocate funding for early childhood education programs that introduce foundational math concepts in an engaging and stress-free environment.” In the Organization for Economic Cooperation and Development’s (OECD) 2022 Programme for International Student Assessment (PISA) published on Nov. 14, Filipino students showed among the highest levels of mathematics anxiety among 15-year-old students globally. Previously, 16% of Filipino students attained at least Level 2 proficiency in mathematics, significantly lower than the 69% average across OECD countries. “The government should allocate funds to build more additional school buildings because having more than 30 students affect the quality of learning, teachers training, hire additional admin staff to lighten the load of teachers from too many administrative tasks,” Maria Ella Calaor-Oplas, an economics professor who specializes in human capital development research at De La Salle University, said in a Facebook Messenger chat. The Department of Education has been allocated some P751.68 billion next year, while state colleges and universities will be given a budget of P117.97 billion, based on the Senate’s Finance committee report of the 2025 national budget bill. Senators are set to start proposing amendments to the proposed 2025 P6.352-trillion budget this week. Last year, the Education department failed to meet its target of building 6,379 classrooms, having only built 3,600. Senator Sherwin T. Gatchalian earlier said the country lacks about 165,443 classrooms around the country. Senator and Finance Committee chairperson Mary Grace Natividad S. Poe-Llamanzares earlier said the budget bill would include an additional P9.9 billion for teaching materials next year. “More support must be given to local education boards to help them perform their mandates,” Michael Henry Ll. Yusingco, a fellow at the Ateneo de Manila University Policy Center, said in a Facebook Messenger chat. “Their autonomy must be zealously protected. And the community itself must do their part here.” In an earlier assessment by the OECD, the Philippines ranked 63 rd out of 64 countries in a 2022 global assessment that ranked 15-year-old students worldwide in producing and evaluating original ideas that would translate into effective solutions. Filipino students were also among the world’s weakest in mathematics, reading and science as the Philippines ranked 77 th out of 81 countries in all categories, performing worse than the global average in another PISA 2022 assessment. On the other hand, the Philippines placed 22 nd out of 111 countries in the 2022 English Proficiency Index by Education First. “The investment is simple: restore the education in mother tongue policies then invest in training faculty and upgrade the basic facilities of basic education institutions,” Hansley A. Juliano, who teaches political science at the Ateneo de Manila University, said in a Facebook Messenger chat. “You cannot teach in a place with subpar facilities and places you cannot conduct classes when the heat rises or when it rains.” The Second Congressional Commission on Education (EDCOM II) and the PIDS said in a report in May that there is a “severe underinvestment” in the welfare of very young children in the Philippines, causing their early education to suffer. The government only spends about P3,870 per child for health, compared with the $150 (P8,809.95) that other lower and middle-income countries spend on children’s health, the report showed. Meanwhile, a recent survey found 31% and 30% of Gen Z and Millennial Filipinos, respectively cited the quality of education as the top challenge faced by the country. Filipinos also emerged as the least satisfied with the cost of education in Southeast Asia with a satisfaction rate of 43% and 38% for Gen Zs and millennials, respectively. This is based on a survey, conducted by Vero Advocacy and Kadence International, which polled over 2,700 Millennials and Gen Z respondents from six Southeast Asian nations, including 453 Filipinos. Despite being among Southeast Asia’s least satisfied with employment opportunities, education quality, and healthcare access, Filipino youth remain hopeful about their future, it also found. It found that more than 42% of young Filipinos expect their lives to improve in the next five years, signaling strong resilience even as they face critical issues in their daily lives. The survey showed that 43% of Gen Z Filipinos anticipate a “much better” future, with another 42% expecting it to be “better.” Millennials share similar levels of optimism at 84%, placing young Filipinos among the region’s most hopeful. They were more optimistic than their peers in Singapore (69%) and Malaysia (77%), and nearly on par with youth in Indonesia, Vietnam, and Thailand, where optimism rates hover around 89%. — with Chloe Mari A. Hufana

Trump's lawyers rebuff DA's idea for upholding his hush money conviction

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