
NEW YORK (AP) — U.S. stock indexes fell Thursday following some potentially discouraging data on the economy . The S&P 500 slipped 0.5% for its fourth loss in the last six days. It’s a pause for the index, which has been rallying toward one of its best years of the millennium . The Dow Jones Industrial Average lost 234 points, or 0.5%, and the Nasdaq composite sank 0.7% from its record set the day before. A report early in the morning said more U.S. workers applied for unemployment benefits last week than expected. A separate update, meanwhile, showed that inflation at the wholesale level, before it reaches U.S. consumers, was hotter last month than economists expected. Neither report points to imminent disaster, but they dilute one of the hopes that’s driven the S&P 500 to 57 all-time highs so far this year : Inflation is slowing enough to convince the Federal Reserve to keep cutting interest rates, while the economy is remaining solid enough to stay out of a recession. Of the two reports, the weaker update on the job market may be the bigger deal for the market, according to Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley. A surge in egg prices may have been behind the worse-than-expected inflation numbers. “One week doesn’t negate what has been a relatively steady stream of solid labor market data, but the Fed is primed to be sensitive to any signs of a softening jobs picture,” he said. Traders are widely expecting the Fed will ease its main interest rate at its meeting next week. If they’re correct, it would be a third straight cut by the Fed after it began lowering rates in September from a two-decade high. It’s hoping to support a slowing job market after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy and to prices for investments, but they could also provide more fuel for inflation. A cut next week would have the Fed following other central banks, which lowered rates on Thursday. The European Central Bank cut rates by a quarter of a percentage point, as many investors expected, and the Swiss National Bank cut its policy rate by a steeper half of a percentage point. Following its decision, Switzerland’s central bank pointed to uncertainty about how U.S. President-elect Donald Trump’s victory will affect economic policies, as well as about where politics in Europe is heading. Trump has talked up tariffs and other policies that could upend global trade. He rang the bell marking the start of trading at the New York Stock Exchange on Thursday to chants of “USA.” On Wall Street, Adobe fell 13.7% and was one of the heaviest weights on the market despite reporting stronger profit for the latest quarter than analysts expected. The company gave forecasts for profit and revenue in its upcoming fiscal year that fell a bit shy of analysts’. Warner Bros. Discovery soared 15.4% after unveiling a new corporate structure that separates its streaming business and film studios from its traditional television business. CEO David Zaslav said the move “enhances our flexibility with potential future strategic opportunities,” raising speculation about a spinoff or sale. Kroger rose 3.2% after saying it would get back to buying back its own stock now that its attempt to merge with Albertsons is off . Kroger’s board approved a program to repurchase up to $7.5 billion of its stock, replacing an existing $1 billion authorization. All told, the S&P 500 fell 32.94 points to 6,051.25. The Dow Jones Industrial Average dropped 234.55 to 43,914.12, and the Nasdaq composite sank 132.05 to 19,902.84. In stock markets abroad, European indexes held relatively steady following the European Central Bank’s cut to rates. Asian markets were stronger. Indexes rose 1.2% in Hong Kong and 0.8% in Shanghai as leaders met in Beijing to set economic plans and targets for the coming year. South Korea’s Kospi rose 1.6% for its third straight gain of at least 1%, as it pulls back following last week’s political turmoil where its president briefly declared martial law. In the bond market, the 10-year U.S. Treasury yield rose to 4.33% from 4.27% late Wednesday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Artificial intelligence. Abortion. Guns. Marijuana. Minimum wages. Name a hot topic, and chances are good there's a new law about it taking effect in 2025 in one state or another. Many of the laws launching in January are a result of legislation passed this year. Others stem from ballot measures approved by voters. Some face legal challenges. Here's a look at some of the most notable state laws taking effect: FILE - Director of Photography Jac Cheairs and his son, actor Wyatt Cheairs, 11, take part in a rally by striking writers and actors outside Netflix studio in Los Angeles on Friday, July 14, 2023. (AP Photo/Chris Pizzello, File) California, home to Hollywood and some of the largest technology companies, is seeking to rein in the artificial intelligence industry and put some parameters around social media stars. New laws seek to prevent the use of digital replicas of Hollywood actors and performers without permission and allow the estates of dead performers to sue over unauthorized AI use. Parents who profit from social media posts featuring their children will be required to set aside some earnings for their young influencers. A new law also allows children to sue their parents for failing to do so. FILE - In advance of Instagram CEO Adam Mosseri's Congressional testimony, to illustrate the harms children face on social media, parent activists brought an "Instagrinch" to the Capitol building in Washington, Dec. 7, 2021. (Eric Kayne/AP Images for ParentsTogether, File) New social media restrictions in several states face court challenges. A Florida law bans children under 14 from having social media accounts and requires parental consent for ages 14 and 15. But enforcement is being delayed because of a lawsuit filed by two associations for online companies, with a hearing scheduled for late February. A new Tennessee law also requires parental consent for minors to open accounts on social media. NetChoice, an industry group for online businesses, is challenging the law. Another new state law requires porn websites to verify that visitors are at least 18 years old. But the Free Speech Coalition, a trade association for the adult entertainment industry, has filed a challenge. Several new California measures aimed at combating political deepfakes are also being challenged, including one requiring large social media platforms to remove deceptive content related to elections and another allowing any individual to sue for damages over the use of AI to create fabricated images or videos in political ads. FILE - Parents, students, and staff of Chino Valley Unified School District hold up signs in favor of protecting LGBTQ+ policies at Don Antonio Lugo High School, in Chino, Calif., June 15, 2023. (Anjali Sharif-Paul/The Orange County Register via AP, File) In a first nationally, California will start enforcing a law prohibiting school districts from adopting policies that require staff to notify parents if their children change their gender identification. The law was a priority for Democratic lawmakers who wanted to halt such policies passed by several districts. FILE - Christian F. Nunes, president of National Organization for Women speaks as abortion rights activists and Women's March leaders protest as part of a national day of strike actions outside the Supreme Court, Monday, June 24, 2024, in Washington. (AP Photo/Mark Schiefelbein, File) Many states have passed laws limiting or protecting abortion rights since the U.S. Supreme Court overturned a nationwide right to the procedure in 2022. One of the latest is the Democratic-led state of Delaware. A law there will require the state employee health plan and Medicaid plans for lower-income residents to cover abortions with no deductible, copayments or other cost-sharing requirements. FILE - Gov. Tim Walz speaks before a crowd gathered for a rally on the steps of the state Capitol in St. Paul, Minn., Wednesday evening, Aug. 7, 2019. Lt. Gov. Peggy Flanagan, center left, and his wife Gwen Walz, center right, stand by him. (Jeff Wheeler/Star Tribune via AP, File) A new Minnesota law prohibits guns with "binary triggers" that allow for more rapid fire, causing a weapon to fire one round when the trigger is pulled and another when it is released. In Delaware, a law adds colleges and universities to a list of school zones where guns are prohibited, with exceptions for those working in their official capacity such as law officers and commissioned security guards. Kentucky is becoming the latest state to let people use marijuana for medical purposes. To apply for a state medical cannabis card, people must get written certification from a medical provider of a qualifying condition, such as cancer, multiple sclerosis, chronic pain, epilepsy, chronic nausea or post-traumatic stress disorder. Nearly four-fifths of U.S. states have now legalized medical marijuana. Minimum wage workers in more than 20 states are due to receive raises in January. The highest minimum wages will be in Washington, California and Connecticut, all of which will top $16 an hour after modest increases. The largest increases are scheduled in Delaware, where the minimum wage will rise by $1.75 to $15 an hour, and in Nebraska, where a ballot measure approved by voters in 2022 will add $1.50 to the current minimum of $12 an hour. Twenty other states still follow the federal minimum wage of $7.25 an hour. FILE - A man talks on his cell phone while driving in Los Angeles, Monday June 30, 2008. (AP Photo/Kevork Djansezian, File) In Oregon, using drugs on public transit will be considered a misdemeanor crime of interfering with public transportation. While the measure worked its way through the legislature, multiple transportation officials said drug use on buses and trains, and at transit stops and stations, was making passengers and drivers feel less safe. In Missouri, law enforcement officers have spent the past 16 months issuing warnings to motorists that handheld cellphone use is illegal. Starting with the new year, penalties will kick in: a $150 fine for the first violation, progressing to $500 for third and subsequent offenses and up to 15 years imprisonment if a driver using a cellphone cause an injury or death. But police must notice a primary violation, such as speeding or weaving across lanes, to cite motorists for violating the cellphone law. Montana is the only state that hasn't banned texting while driving, according to the National Conference of State Legislatures. FILE - Surrounded by members of the legislature and signs touting saving families money, Kansas Gov. Laura Kelly announces her 'Axe the Food Tax' campaign at Dillons grocery store in Topeka, Kan., Monday, Nov. 8, 2021 by holding an axe. (Evert Nelson/The Capital-Journal via AP, File) Tenants in Arizona will no longer have to pay tax on their monthly rent, thanks to the repeal of a law that had allowed cities and towns to impose such taxes. While a victory for renters, the new law is a financial loss for governments. An analysis by Arizona's nonpartisan Joint Legislative Budget Committee estimated that $230 million would be lost in municipal tax revenue during the first full fiscal year of implementation. Meanwhile Alabama will offer tax credits to businesses that help employees with child care costs. Kansas is eliminating its 2% sales tax on groceries. It also is cutting individual income taxes by dropping the top tax rate, increasing a credit for child care expenses and exempting all Social Security income from taxes, among other things. Taxpayers are expected to save about $320 million a year going forward. FILE - Election board inspector Pat Cook readies "I Voted" stickers for voters during early voting in Oklahoma City, Friday, Oct. 29, 2010. (AP Photo/Sue Ogrocki, File) An Oklahoma law expands voting privileges to people who have been convicted of felonies but had their sentences discharged or commuted, including commutations for crimes that have been reclassified from felonies to misdemeanors. Former state Sen. George Young, an Oklahoma City Democrat, carried the bill in the Senate. "I think it's very important that people who have gone through trials and tribulations in their life, that we have a system that brings them back and allows them to participate as contributing citizens," Young said. Associated Press writers Trân Nguyễn in Sacramento, California; Kate Payne in Tallahassee, Florida; Jonathan Mattise in Nashville, Tennessee; Randall Chase in Dover, Delaware; Steve Karnowski in Minneapolis; Bruce Schreiner in Frankfort, Kentucky; Claire Rush in Portland, Oregon; Summer Ballentine in Jefferson City, Missouri; Gabriel Sandoval in Phoenix; Kim Chandler in Montgomery, Alabama; John Hanna in Topeka, Kansas; and Sean Murphy in Oklahoma City contributed. Republican presidential candidate former President Donald Trump is surrounded by U.S. Secret Service agents at a campaign rally, Saturday, July 13, 2024, in Butler, Pa. (AP Photo/Evan Vucci) President Joe Biden walks to the Oval Office after attending the House Democratic Caucus Issues Conference, Thursday, Feb. 8, 2024, in Washington. (AP Photo/Evan Vucci) Democratic presidential nominee Vice President Kamala Harris and running mate Minnesota Gov. Tim Walz arrive during a campaign rally at Desert Diamond Arena, Friday, Aug. 9, 2024, in Glendale, Ariz. (AP Photo/Julia Demaree Nikhinson) A delegate looks at her phone during the Republican National Convention Wednesday, July 17, 2024, in Milwaukee. (AP Photo/Julia Demaree Nikhinson) Jocardo Ralston, 47, from Pennsylvania, looks up to a television to watch the presidential debate between President Joe Biden and Republican presidential candidate former President Donald Trump at Tillie's Lounge on Thursday, June 27, 2024, in Cincinnati. (AP Photo/Carolyn Kaster) Supporters of Republican presidential candidate former President Donald Trump look on as a bus carrying Democratic presidential nominee Vice President Kamala Harris passes by following a campaign event, Sunday, Aug. 18, 2024, in Rochester, Pa. (AP Photo/Julia Demaree Nikhinson) Attendees look on at a campaign rally for Democratic presidential nominee Vice President Kamala Harris, Friday, Oct. 25, 2024, in Houston. (AP Photo/Annie Mulligan) Democratic presidential nominee Vice President Kamala Harris arrives to speak on the final day of the Democratic National Convention, Thursday, Aug. 22, 2024, in Chicago. (AP Photo/Jacquelyn Martin) Republican presidential candidate former President Donald Trump gestures as he arrives at the Republican National Convention Wednesday, July 17, 2024, in Milwaukee. (AP Photo/Julia Demaree Nikhinson) Republican presidential nominee former President Donald Trump speaks at a campaign rally at PPG Paints Arena, Monday, Nov. 4, 2024, in Pittsburgh, Pa. (AP Photo/Evan Vucci) Democratic presidential nominee Vice President Kamala Harris, left, and former first lady Michelle Obama arrive to speak during a campaign rally, Saturday, Oct. 26, 2024 at the Wings Event Center in Kalamazoo, Mich. (AP Photo/Jacquelyn Martin) A supporter greets Republican presidential nominee former President Donald Trump after a campaign event at the Cobb Energy Performing Arts Centre, Tuesday, Oct. 15, 2024, in Atlanta. (AP Photo/Alex Brandon) A political advertisement for Democratic presidential nominee Vice President Kamala Harris is displayed on the Sphere, Monday, Nov. 4, 2024, in Las Vegas. (AP Photo/John Locher) Democratic presidential nominee Vice President Kamala Harris walks toward reporters to speak before boarding Air Force Two, as she departs Las Vegas from Harry Reid International Airport, Thursday, Oct. 10, 2024, en route to Arizona. (AP Photo/Jacquelyn Martin) A voter works on her ballot at a polling place at the Ronald Reagan Presidential Library on Election Day, Tuesday, Nov. 5, 2024, in Simi Valley, Calif. (AP Photo/Chris Pizzello) Former President Donald Trump waits for the start of proceedings in Manhattan criminal court, Tuesday, April 23, 2024, in New York. Before testimony resumes Tuesday, the judge will hold a hearing on prosecutors' request to sanction and fine Trump over social media posts they say violate a gag order prohibiting him from attacking key witnesses. (AP Photo/Yuki Iwamura, Pool) Republican presidential nominee former President Donald Trump dances after speaking at a campaign event Tuesday, Sept. 24, 2024, in Savannah, Ga. (AP Photo/John Bazemore) Democratic presidential nominee Vice President Kamala Harris looks at a monitor of the event from backstage, just before taking the stage for her final campaign rally, Monday, Nov. 4, 2024, in Philadelphia. (AP Photo/Jacquelyn Martin) Republican presidential nominee former President Donald Trump is prayed over with Pastor Paula White during the National Faith Summit at Worship With Wonders Church, Monday, Oct. 28, 2024, in Powder Springs, Ga. (AP Photo/Brynn Anderson) Forgiato Blow wears a necklace with a likeness of former President Donald Trump before Republican presidential nominee former President Donald Trump speaks at a campaign event at the Cobb Energy Performing Arts Centre, Tuesday, Oct. 15, 2024, in Atlanta. (AP Photo/Alex Brandon) Elon Musk jumps on the stage as Republican presidential nominee former President Donald Trump speaks at a campaign rally at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa. (AP Photo/Evan Vucci) Voters stand in line outside a polling place at Madison Church, Tuesday, Nov. 5, 2024, in Phoenix, Ariz. (AP Photo/Matt York) Democratic presidential nominee Vice President Kamala Harris hugs President Biden during the Democratic National Convention Monday, Aug. 19, 2024, in Chicago. (AP Photo/Charles Rex Arbogast) Republican presidential nominee former President Donald Trump speaks during a campaign rally at Lee's Family Forum, Thursday, Oct. 31, 2024, in Henderson, Nev. (AP Photo/Julia Demaree Nikhinson) Republican presidential nominee former President Donald Trump is reflected in the bullet proof glass as he finishes speaking at a campaign rally in Lititz, Pa., Sunday, Nov. 3, 2024. (AP Photo/Matt Rourke) Democratic presidential nominee Vice President Kamala Harris, bottom center, greets supporters after speaking during a campaign rally Saturday, Oct. 26, 2024 at the Wings Event Center in Kalamazoo, Mich. (AP Photo/Jacquelyn Martin) Democratic presidential nominee Vice President Kamala Harris speaks during a campaign rally outside the Philadelphia Museum of Art, Monday, Nov. 4, 2024, in Philadelphia. (AP Photo/Matt Slocum) A young girl holds a "Black Voters for Harris-Walz" sign outside of Democratic presidential nominee Vice President Kamala Harris' election night watch party at Howard University, Tuesday, Nov. 5, 2024, in Washington. (AP Photo/Terrance Williams) Democratic presidential nominee Vice President Kamala Harris, left, shares a laugh with second gentleman Doug Emhoff, after reuniting in Pittsburgh, Monday, Nov. 4, 2024, aboard Air Force Two, just before taking off from Pittsburgh for her final campaign rally in Philadelphia. (AP Photo/Jacquelyn Martin, Pool) With tears streaming down her face, a supporter of Democratic presidential nominee Vice President Kamala Harris applauds as Harris delivers a concession speech after the 2024 presidential election, Wednesday, Nov. 6, 2024, on the campus of Howard University in Washington. (AP Photo/Jacquelyn Martin) Bikers show their support for President-elect Donald Trump while riding on I-84, Wednesday, Nov. 6, 2024, near Lords Valley, Pa. (AP Photo/Robert F. Bukaty) Republican presidential nominee former President Donald Trump stands on stage with steelworkers as he speaks during a campaign rally at Arnold Palmer Regional Airport, Saturday, Oct. 19, 2024, in Latrobe, Pa. (AP Photo/Evan Vucci) Supporters cheer as Republican presidential nominee former President Donald Trump speaks during a campaign event, Sunday, Sept. 29, 2024, in Erie, Pa. (AP Photo/Matt Rourke) Democratic presidential nominee Vice President Kamala Harris appears on NBC's "Saturday Night Live," with Maya Rudolph, Saturday, Nov. 2, 2024 in New York. (AP Photo/Jacquelyn Martin) A delegate wearing a small American flag on his ear watches as Republican presidential candidate and former president, Donald Trump, speaks during the final day of the Republican National Convention Thursday, July 18, 2024, in Milwaukee. (AP Photo/Paul Sancya) Democratic presidential nominee Vice President Kamala Harris hugs a child after speaking during a campaign event at Washington Crossing Historic Park, in Washington Crossing, Pa., Wednesday, Oct. 16, 2024. (AP Photo/Jacquelyn Martin) President Joe Biden pauses before he addresses the nation from the Oval Office of the White House in Washington, Wednesday, July 24, 2024, about his decision to drop his Democratic presidential reelection bid. (AP Photo/Evan Vucci, Pool) Republican presidential nominee former President Donald Trump departs after speaking at a campaign event at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa. (AP Photo/Alex Brandon) A voter watches the stage before former first lady Michelle Obama speaks at campaign rally in support of Democratic presidential nominee Vice President Kamala Harris, Tuesday, Oct. 29, 2024, in College Park, Ga. (AP Photo/Brynn Anderson) Republican presidential nominee former President Donald Trump and Democratic presidential nominee Vice President Kamala Harris shake hands before the start of an ABC News presidential debate at the National Constitution Center, Tuesday, Sept. 10, 2024, in Philadelphia. (AP Photo/Alex Brandon) Republican presidential nominee former President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Julia Demaree Nikhinson) Stay up-to-date on the latest in local and national government and political topics with our newsletter.Published 5:40 pm Friday, November 22, 2024 By Data Skrive The Portland Trail Blazers (6-9) are keeping their eye on five players on the injury report, including Jerami Grant, ahead of their Saturday, November 23 game against the Houston Rockets (11-5) at Toyota Center. The Rockets have listed zero injured players. The game begins at 8:00 PM ET. Watch the NBA, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. Get the latest news sent to your inbox In their last matchup on Wednesday, the Rockets secured a 130-113 victory over the Pacers. Alperen Sengun scored a team-high 31 points for the Rockets in the win. The Trail Blazers’ last game was a 109-99 loss to the Thunder on Wednesday. Shaedon Sharpe scored 21 points in the Trail Blazers’ loss, leading the team. Sign up for NBA League Pass to get live and on-demand access to NBA games. Get tickets for any NBA game this season at StubHub. Catch NBA action all season long on Fubo. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .
Partner and national leader, capital advisory, Deloitte LLP Age 36 I don’t have a particular career highlight to point to, but I take great pride in my resilience and willingness to tackle challenges. I’ve discovered that I thrive in ambiguous and tough environments, where I feel most energized, engaged, and effective. A special thanks to David for encouraging me to push my limits. Navigating the corporate world and making career moves, whether within your organization or externally, can be intimidating. I’ve experienced this process a few times, and each time has been just as challenging as the first. I want to extend my gratitude to Paul for his invaluable guidance throughout. My colleagues describe my leadership style as open-minded. By adopting an individualistic approach and understanding people’s motivations, I can build trust with my team more effectively. Once that trust is established, it fosters openness to feedback and enhances performance. However, trust can be fragile, so it’s essential to nurture it continuously. I’d like to express my gratitude to Dean for his inspiration. My background is primarily in the corporate sector. To be an effective practitioner, relationship builder, leader and colleague, it’s crucial to stay curious and attuned to the dynamics of your market. Transitioning from a technical expert to a leader and impactful marketplace participant is a challenging journey. I strive to think critically, write persuasively and speak convincingly. Charisma is an incredibly powerful trait, and when paired with technical expertise and execution skills, it can create a significant positive influence. I’d like to thank Russell for his insightful guidance. I grew up playing a lot of soccer and continued at the university level. The shift from being a solid youth player to struggling in university was tough. My coach had an old-school, straightforward approach. I quickly realized I needed to learn two important lessons: Success doesn’t happen overnight, and it’s essential to focus on the process rather than the results. Embracing patience and concentrating on what I could control proved invaluable. I’m grateful to Alan for encouraging me to take a different approach. I don’t have a clear definition of success, but I want to thank Brent for encouraging me to reflect on what it means for me. I seek to create an environment where I can thrive in my career and make a meaningful impact on my family and community. This environment can at times feel like a high-stakes game, leading to stress if not managed well. This underscores the importance of creating a disciplined approach to my professional and personal responsibilities. Finding balance between order and chaos is an ongoing challenge, but I’m lucky to have a wonderfully supportive spouse. I make an effort to stay as active as possible, so my days usually include hiking, running, cycling and exercise classes. I play more golf in the summer and ski in the winter. I also love exploring fields outside my expertise, so I often dive into books, podcasts and audiobooks. With young children, spending time with extended family is also a top priority—after all, what’s life about if not connection? Thanks, Stuart, for setting this example. I aspire to have a greater impact on my family, community and country. With children of my own, I often reflect on the kind of world I want to leave for them. We live in a time of uncertainty and conflict, but I believe Canada, with its talented people, rule of law, stable democracy and abundant resources, has the potential to thrive if managed well. Canada is a remarkable place, and I’m committed to doing my part to make it even better. Four people in my life have laid the foundation for my early career success. To my wife, Eliza, thank you for creating a purposeful and shared life; to my brother, Adam, for always pushing me to compete; to my mother, Kathy, for selflessly prioritizing my interests over her own; and to my grandma Diane and late grandpa Pat for exemplifying resiliency, generosity and gratefulness in their life. I am truly thankful to all of you. The commitment to be resilient and to do hard things consciously so I can gain truth, wisdom and a sense of agency Nikkei Place Foundation, and The Nikkei National Museum and Cultural Centre A good book and a beach possibly with a drink that has a lime in it Chilliwack Okeya Kyujiro in Vancouver by Daron Acemoglu and James Robinson, by Marcus Aurelius and by Daniel Kahneman Stand up for what you believe in and speak out when others hesitate Dean Kirkham, co-CEO of Trez Capital and Phil Vanderpol, CEO of Vitalus Nutrition I’m a twin and one quarter Japanese.TSB investigating plane landing incident at Halifax Stanfield International AirportThe Biden-Harris White House has wished Americans a “Happy Kwanzaa” — a holiday invented in 1966 by a racist extremist who served prison time for torturing a woman. Vice President Kamala Harris — who was born just two years before the holiday’s inception — claimed in 2020 that she and her family used to gather around, “across multiple generations,” and discuss Kwanzaa’s “seven principles” — which are identical to the principles of left-wing terrorist organization Symbionese Liberation Army. Harris wrote on X in 2020 that her family’s “Kwanzaa celebrations are one of my favorite childhood memories,” garnering thousands of critical comments pointing out that the holiday’s founder, Maulana Karenga (born Ronald McKinley Everett, pictured above), was a violent radical: Despite the backlash, the White House has once again posted a “Happy Kwanzaa” message on social media: Happy Kwanzaa from the Biden-Harris Administration! Posted by The White House on Thursday, December 26, 2024 A 1971 Los Angeles Times article detailed the testimony of a victim of Karenga: Deborah Jones, who once was given the Swahili title of an African queen, said she and Gail Davis were whipped with an electrical cord and beaten with a karate baton after being ordered to remove their clothes. She testified that a hot soldering iron was placed in Miss Davis’ mouth and placed against Miss Davis’ face and that one of her own big toes was tightened in a vise. Karenga, head of “US” [which purportedly stands for United Slaves, though that is disputed], also put detergent and running hoses in their mouths, she said. They also were hit on the heads with toasters. According to a 2019 survey by AP-NORC, just 3 percent of Americans celebrate Kwanzaa — though the study has a 4-point margin of error. Theoretically, it could be less than a single percentage point, and definitely far fewer than those who celebrate traditional religious holidays like Christmas and Hanukkah around the same time of the year. Karenga set the date for Kwanzaa as December 26 to be an alternative to Christmas, declaring Christianity a “white religion” with a “white God” that black people should not celebrate. As conservative writer Ann Coulter put it, “Kwanzaa is a fake holiday invented in 1966 by black radical/FBI stooge Ron Karenga — aka Dr. Maulana Karenga, founder of United Slaves, the violent nationalist rival to the Black Panthers.” She compared Karenga to former Ku Klux Klan leader David Duke, saying it is as if he “invented a holiday called ‘Anglika,’ which he based on the philosophy of ‘Mein Kampf.'” “The United Slaves were proto-fascists, walking around in dashikis, gunning down Black Panthers,” Coulter added. To be fair, President-elect Donald Trump also wished Kwanzaa celebrators a happy holiday during his time in office — but never claimed that he celebrated it himself.
Barclays PLC Buys 18,940 Shares of Sonic Automotive, Inc. (NYSE:SAH)Teenage student philanthropist spreads Christmas cheer at Ocho Rios drop-in centre
La Salle defeats Stetson 92-77Geode Capital Management LLC raised its position in Blend Labs, Inc. ( NYSE:BLND – Free Report ) by 6.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,767,104 shares of the company’s stock after acquiring an additional 283,207 shares during the quarter. Geode Capital Management LLC owned approximately 1.88% of Blend Labs worth $17,880,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors also recently modified their holdings of BLND. FMR LLC raised its holdings in shares of Blend Labs by 15.8% in the 3rd quarter. FMR LLC now owns 26,148 shares of the company’s stock valued at $98,000 after purchasing an additional 3,576 shares during the period. ClariVest Asset Management LLC increased its position in Blend Labs by 2.9% during the second quarter. ClariVest Asset Management LLC now owns 252,059 shares of the company’s stock worth $595,000 after buying an additional 6,988 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in Blend Labs in the second quarter valued at approximately $31,000. Xponance Inc. bought a new stake in Blend Labs in the second quarter valued at approximately $35,000. Finally, EP Wealth Advisors LLC lifted its position in shares of Blend Labs by 8.2% in the second quarter. EP Wealth Advisors LLC now owns 212,841 shares of the company’s stock valued at $502,000 after buying an additional 16,084 shares during the last quarter. Institutional investors own 52.56% of the company’s stock. Analyst Upgrades and Downgrades BLND has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their target price on Blend Labs from $4.50 to $6.50 and gave the stock an “overweight” rating in a report on Thursday, December 5th. The Goldman Sachs Group upped their price objective on shares of Blend Labs from $3.40 to $3.90 and gave the company a “buy” rating in a report on Thursday, November 7th. JMP Securities assumed coverage on shares of Blend Labs in a research note on Wednesday, December 18th. They set an “outperform” rating and a $7.00 target price for the company. Keefe, Bruyette & Woods upped their price target on shares of Blend Labs from $3.25 to $3.85 and gave the company a “market perform” rating in a research note on Thursday, November 7th. Finally, UBS Group raised their price objective on shares of Blend Labs from $3.00 to $4.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Blend Labs has an average rating of “Moderate Buy” and an average target price of $5.11. Insider Buying and Selling at Blend Labs In other Blend Labs news, insider Oxana Tkach sold 18,324 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $5.18, for a total value of $94,918.32. Following the transaction, the insider now directly owns 88,677 shares of the company’s stock, valued at $459,346.86. This trade represents a 17.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, Director Timothy J. Mayopoulos sold 42,721 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $5.00, for a total transaction of $213,605.00. Following the sale, the director now owns 387,620 shares in the company, valued at $1,938,100. This represents a 9.93 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 201,782 shares of company stock valued at $1,011,478 in the last three months. Corporate insiders own 13.21% of the company’s stock. Blend Labs Trading Down 2.5 % Shares of BLND opened at $4.29 on Friday. Blend Labs, Inc. has a 12 month low of $2.08 and a 12 month high of $5.53. The firm’s 50 day moving average is $4.51 and its 200-day moving average is $3.67. The stock has a market capitalization of $1.10 billion, a PE ratio of -12.62 and a beta of 1.33. Blend Labs Profile ( Free Report ) Blend Labs, Inc engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. Read More Five stocks we like better than Blend Labs Health Care Stocks Explained: Why You Might Want to Invest Buffett Takes the Bait; Berkshire Buys More Oxy in December There Are Different Types of Stock To Invest In Top 3 ETFs to Hedge Against Inflation in 2025 Overbought Stocks Explained: Should You Trade Them? These 3 Chip Stock Kings Are Still Buys for 2025 Receive News & Ratings for Blend Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blend Labs and related companies with MarketBeat.com's FREE daily email newsletter .AI in Games Market to grow by USD 4.5 Billion from 2024-2028, fueled by rising adoption of AR and VR games, Report on AI-driven market evolution - Technavio