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Lucknow: Taking cognisance of the viral video showing sanitation workers sprinkling water on platform as part of cleaning process causing inconveinence to passengers sleeping there, the railway authorities on Sunday summoned the concerned staff and counselled them. The footage, captured on Dec 25 by volunteers distributing refreshments and blankets to homeless individuals, showed cleaning staff using mugs to throw water on the platform as part of a cleaning routine. The cleaning process led to "inconveinence" to the sleeping passengers, including women and children, forcing them to vacate the area. The incident sparked widespread criticism and outrage on social media platforms regarding the staff's inconsiderate behaviour. The Lucknow division Northern Railway's public relations office responded on Sunday through the DRM's official ‘X' account, stating: "The staff had been counselled on the matter, and railway has also advised passengers to avoid sleeping on platforms. Charbagh station provides adequate facilities, including waiting halls, dormitories and retiring rooms, which passengers are encouraged to utilize. Railway staff clean platforms when the passenger movement is low." A railway representative explained that Charbagh station's nine platforms, each spanning 600-700 metres, require cleaning during night hours when footfall is minimal. The maintenance staff must complete their duties within this limited time frame when passenger movement is reduced. Lucknow: Taking cognisance of the viral video showing sanitation workers sprinkling water on platform as part of cleaning process causing inconveinence to passengers sleeping there, the railway authorities on Sunday summoned the concerned staff and counselled them. The footage, captured on Dec 25 by volunteers distributing refreshments and blankets to homeless individuals, showed cleaning staff using mugs to throw water on the platform as part of a cleaning routine. The cleaning process led to "inconveinence" to the sleeping passengers, including women and children, forcing them to vacate the area. The incident sparked widespread criticism and outrage on social media platforms regarding the staff's inconsiderate behaviour. The Lucknow division Northern Railway's public relations office responded on Sunday through the DRM's official ‘X' account, stating: "The staff had been counselled on the matter, and railway has also advised passengers to avoid sleeping on platforms. Charbagh station provides adequate facilities, including waiting halls, dormitories and retiring rooms, which passengers are encouraged to utilize. Railway staff clean platforms when the passenger movement is low." A railway representative explained that Charbagh station's nine platforms, each spanning 600-700 metres, require cleaning during night hours when footfall is minimal. The maintenance staff must complete their duties within this limited time frame when passenger movement is reduced. Stay updated with the latest news on Times of India . Don't miss the yearly horoscope 2025 and Chinese horoscope 2025 for Rat , Ox , Tiger , Rabbit , Dragon , Snake , Horse , Goat , Monkey , Rooster , Dog , and Pig zodiac signs. Spread love this holiday season with these New Year wishes and messages .(The Center Square) – Legislators in Washington, D.C., have taken a number of steps over the past few days to push for insurance and pharmaceutical reforms to be passed before the end of the year. On Wednesday, a bicameral group of Republican and Democrat lawmakers held a press conference discussing the need for pharmacy benefit manager reform to protect small pharmacies across the country and “save lives.” “Whether you are a Republican, Democrat, or an independent, we all want the same thing. We want accessible, affordable, quality health care,” said Rep. Buddy Carter, R-Ga. “We’re not here today to just discuss one bill or to discuss just one patient’s story. We're here because there's broad, bipartisan pharmacy benefit manager, or PBM, reform that is needed to save lives.” Pharmacy benefit managers are the middlemen responsible for managing the drug prices covered by health insurance plans. According to the Harvard Political Review , the problem with pharmacy benefit managers is that they “have vertically integrated with pharmacy chains and health insurers through massive conglomerates.” That then allows them to abuse their power to cut out small pharmacies and increase prices. Carter also signed a letter that was released last week calling on the Department of Justice to dig into the role pharmacy benefit managers played in the opioid epidemic. Reps. Raja Krishnamoorthi, D-Ill., Deborah Ross, D-N.C., and Cliff Benz, R-Ore., all joined him in signing that letter. “The opioid crisis has devastated communities in North Carolina and across the country, and PBMs may have fueled it by prioritizing profits over people,” Ross said on social media . “That’s why I joined a letter calling on the DOJ to investigate their role and hold these bad actors accountable.” The letter looked at recent reports on the largest pharmacy benefit managers, CVS Caremark, Express Scripts, and OptumRx which state that they “colluded and conspired to steer patients towards OxyContin in exchange for $400 million.” OxyContin is a trade name for the narcotic oxycodone hydrochloride, a painkiller available by prescription only. This and the general “lack of transparency” is just one of the many complaints that legislators aired on Wednesday. “My colleagues who are joining me today, Democrats and Republicans ... all recognize that PBMs are decreasing the accessibility, the affordability, and therefore the quality of health care in America,” Carter said. “We have an opportunity, right now, to advance bipartisan legislation that increases reporting requirements, which would heighten transparency and shine a light on the opaque practices of these PBMs.” Carter was also joined by Sen. James Lankford, R-Okla., who is leading the effort to get legislation passed in the U.S. Senate. “This year, we're losing about one pharmacy a day in America,” Lankford said. “We want leadership to be able to take this up and to bring it up in the end-of-year package ... Stop holding up legislation that is bipartisan, bicameral, and solving a problem that Americans need solved.”
Synopsys fiscal Q4 results beat expectations, but soft guidance weighs
WASHINGTON — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee. The Republican not only wanted someone who jibes with him, but an official who can execute his economic vision and look straight out of central casting while doing so. With his Yale University education and pedigree trading for Soros Fund Management before establishing his own funds, Bessent will be tasked with a delicate balancing act. Trump expects him to help reset the global trade order, enable trillions of dollars in tax cuts, ensure inflation stays in check, manage a ballooning national debt and still keep the financial markets confident. “Scott will support my Policies that will drive U.S. Competitiveness, and stop unfair Trade imbalances, work to create an Economy that places Growth at the forefront, especially through our coming World Energy Dominance,” Trump said in a statement. But for all the confidence, Trump was cautious in picking the 62-year-old, a sign that he understood the stakes after winning a presidential election largely shaped by inflation hitting a four-decade peak in 2022. He felt comfortable making faster decisions on Fox News host Pete Hegseth for defense secretary, Florida Sen. Marco Rubio for secretary of state and Robert F. Kennedy Jr. for health and human services secretary. His choice of Bessent went against the opinion of billionaire Elon Musk, who is co-leading Trump’s advisory panel known as the “Department of Government Efficiency” initiative. The head of Tesla and SpaceX posted on his social media site X before Trump’s selection that Bessent would be “a business-as-usual choice.” The pick also showed the internal tensions of a candidate who won by appealing to blue-collar voters but who depends on an administration staffed by those, who like Trump, enjoy a life of extreme wealth. Senate Finance Committee Chair Ron Wyden, D-Ore., was unimpressed by Bessent. “Donald Trump pretends to be an economic populist, but it wouldn’t be a Trump Treasury Department without a rich political donor running the show,” Wyden said in a statement rushed out immediately after the announcement Friday evening. “When it comes to the economy, the government under Trump is of, by, and for the ultra-wealthy.” Bessent caught Trump’s attention during the campaign with his ideas for 3% growth, a reduced budget deficit equal to 3% of gross domestic product and 3 million additional barrels a day of oil production. Larry Kudlow, the TV host and a director of the White House National Economic Council during Trump’s initial term, supported him. But critics in Trump’s orbit said Bessent was weak on tariffs. Another onetime contender, Howard Lutnick, the billionaire CEO of the investment firm Cantor Fitzgerald, was more pro-tariffs but less reassuring to some business leaders. Trump picked him to head the Commerce Department and take the lead on trade issues. Trump also looked at other candidates, including former Federal Reserve governor Kevin Warsh, Marc Rowan, the chief executive of Apollo Global Management, and Sen. Bill Hagerty, R-Tenn. Trump’s decision on his treasury chief is tied in part to most Republican voters’ biggest motivation for returning him to the White House: the state of the U.S. economy and the pressure from high prices. According to AP VoteCast, an early November survey of about 120,000 voters nationwide, about 3 in 10 voters said they wanted total upheaval in how the country is run. Bessent has been deeply critical of President Joe Biden’s economic policies, saying in remarks at the conservative Manhattan Institute that he was “alarmed” by the size of government spending and deficits and that Biden had embraced a “central planning” mindset that he thought belonged on “the scrap heap of history.” Biden, for his part, chose Janet Yellen, the former Federal Reserve chair, to be his treasury secretary, relying on her credibility as an economist as his administration successfully pushed for $1.9 trillion in pandemic aid in 2021. But inflation jumped as the United States recovered from pandemic shutdowns, driven by supply chain challenges, global conflict and — according to Biden administration critics — an excessive amount of pandemic aid. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Government officials and economists are uncertain about what Trump would prioritize. The Republican campaigned on jacking up tariffs against China and other trade partners. But people in his economic orbit privately insist that what he cares about are fair terms in which other countries such as China don’t disadvantage the United States by subsidizing industries, manipulating currencies and suppressing their own workers’ wages. The president-elect wants to extend and expand his 2017 tax cuts, many of which are set to expire after 2025. He’s also proposed an array of tax cuts, such as no taxes on tips or overtime pay or Social Security benefits, that would create possible deficit increases. The Committee for a Responsible Federal Budget, an independent fiscal watchdog, estimated that Trump could possibly add between $1.7 trillion to $15.6 trillion to projected deficits over 10 years, a sign of the uncertainty regarding his economic plans. The economist Olivier Blanchard, a senior fellow at the Peterson Institute for International Economics, this week laid out the contradictions of “Trumponomics.” Deficit-funded tax cuts and tariff hikes could be inflationary, yet Trump won November’s election in large part because of voter frustration with inflation. There’s also his promise of deportations of unauthorized immigrants that could lower employment, though it’s not clear what Trump will do once in office. “The U.S. should be thinking about reducing the deficit, quite apart from Trump,” Blanchard said in a webcast. “Trump is probably going to make it worse.” Trump’s treasury secretary might ultimately face the additional responsibility of trying to pressure Fed Chair Jerome Powell to do as Trump wants, since the inflationary pressures outlined by Blanchard likely mean the Fed would try to slow growth to keep inflation from overheating, likely upsetting Trump. “The risk of a conflict between the Trump administration and the Fed is very high,” Blanchard said in a webcast.Purdue Fort Wayne defeats Green Bay 83-67
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Allar puts critics on mute, keeps winning for Penn State
During the last three months, 13 analysts shared their evaluations of Leidos Holdings LDOS , revealing diverse outlooks from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 1 0 0 Last 30D 1 0 0 0 0 1M Ago 4 3 1 0 0 2M Ago 1 2 0 0 0 3M Ago 1 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $201.0, a high estimate of $230.00, and a low estimate of $175.00. This upward trend is apparent, with the current average reflecting a 13.21% increase from the previous average price target of $177.54. Exploring Analyst Ratings: An In-Depth Overview The perception of Leidos Holdings by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Tobey Sommer Truist Securities Lowers Buy $185.00 $205.00 David Strauss Barclays Raises Overweight $210.00 $165.00 Matthew Akers Wells Fargo Raises Overweight $230.00 $183.00 Jason Gursky Citigroup Raises Buy $220.00 $194.00 Cai von Rumohr TD Cowen Raises Buy $200.00 $175.00 Ken Herbert RBC Capital Raises Sector Perform $180.00 $145.00 Tobey Sommer Truist Securities Raises Buy $205.00 $175.00 Gavin Parsons Goldman Sachs Raises Buy $228.00 $205.00 Peter Arment Baird Raises Outperform $218.00 $180.00 Jason Gursky Citigroup Raises Buy $194.00 $169.00 Seth Seifman JP Morgan Raises Overweight $185.00 $175.00 Matthew Akers Wells Fargo Raises Overweight $183.00 $172.00 Tobey Sommer Truist Securities Raises Buy $175.00 $165.00 Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Leidos Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company. Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Leidos Holdings compared to the broader market. Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance. Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Leidos Holdings's market standing. Stay informed and make data-driven decisions with our Ratings Table. Stay up to date on Leidos Holdings analyst ratings. Unveiling the Story Behind Leidos Holdings Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides technologically latest services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions. Understanding the Numbers: Leidos Holdings's Finances Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position. Positive Revenue Trend: Examining Leidos Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.86% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector. Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.69%, the company showcases strong profitability and effective cost control. Return on Equity (ROE): Leidos Holdings's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 8.03%, the company may face hurdles in generating optimal returns for shareholders. Return on Assets (ROA): Leidos Holdings's ROA excels beyond industry benchmarks, reaching 2.77% . This signifies efficient management of assets and strong financial health. Debt Management: Leidos Holdings's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.11 . Analyst Ratings: What Are They? Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter. Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors. If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro . Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SCOTTSDALE, Ariz. — Even when Penn State quarterback Drew Allar gets some praise, it's usually a backhanded compliment. They say he's a good game manager and stays within himself, or that he doesn't try to do too much. They mention he might not be flashy, but he gives the team a chance to win. And here's the thing about Penn State since Allar stepped under center: The Nittany Lions have won games. A lot of them. Sometimes that's hard to remember considering the lukewarm reception he often gets from fans. "I get it — we have a really passionate fan base and they're a huge part of our success," Allar said Sunday at College Football Playoff quarterfinals media day. "For us, we always want to go out there every drive and end with a touchdown, so when we don't do that, there's nobody more frustrated than us." The polarizing Allar is having a solid season by just about any standard, completing more than 68% of his passes for 3,021 yards, 21 touchdowns and seven interceptions while leading the sixth-seeded Nittany Lions to a 12-2 record and a spot in the Fiesta Bowl for Tuesday's game against No. 3 seed Boise State. But in a college football world filled with high-scoring, explosive offenses, Allar's no-frills performances often are the object of ire. The Penn State offense is a run-first bunch, led by the talented combo of Nicholas Singleton and Kaytron Allen. "If we had a nickel for every time there was a Monday morning quarterback saying some BS stuff, we'd all be pretty rich," offensive coordinator Andy Kotelnicki said. "I think part of being a quarterback, especially at Penn State but really anywhere, is how you respond to and manage criticism." The 20-year-old Allar has made strides in that department after a trying 2023 season that finished with a 10-3 record. He says that's largely because once fall camp started back in August, he logged off the social media platform X. Allar said negative online experiences wore on him last year, and his phone number was leaked a few times, which added to the stress. He finally realized that controlling outside narratives was impossible, so the best course of action was to eliminate a needless distraction. "I've been more mentally free, as much as that sounds crazy," Allar said. "I think that's been a huge difference for me this year." The biggest criticism of Allar — and really Penn State as a whole during the 11-year James Franklin era — is that he isn't capable of winning the big games. He's 0-2 against rival Ohio State and threw a late interception against Oregon in the Big Ten title game earlier this month, which sealed the Ducks' 45-37 victory. He wasn't great in the CFP's first round, either, completing just 13 of 22 passes for 127 yards as Penn State muscled past SMU 38-10 on a cold, blustery day to advance to the Fiesta Bowl. But the quarterback is confident a better performance — aided by a game that will be played in comfortable temperatures in a domed stadium — is coming. "For me, I just have to execute those (easy) throws early in the game and get our guys into rhythm," Allar said. "Get them involved early as much as I can and that allows us to stay on the field longer, call more plays and open up our offense more. That will help us a ton, building the momentum throughout the game." Allar might be a favorite punching bag for a section of the Penn State fan base, but that's not the case in his own locker room. Star tight end Tyler Warren praised his quarterback's ability to avoid sacks, saying that the 6-foot-5, 238-pounder brings a toughness that resonates with teammates. "He's a football player," Warren said. "He plays quarterback, but when you watch him play and the energy he brings and the way he runs the ball, he's just a football player and that fires up our offense." Now Allar and Penn State have a chance to silence critics who say that the Nittany Lions don't show up in big games. Not that he's worried about what other people think. "I think it's a skill at the end of the day — blocking out the outside noise," Allar said. "Focusing on you and the process and being honest with yourself, both good and bad." Get local news delivered to your inbox!ANC calls for accountability over Western Cape Education Department's IT tenderParty City to close its stores as company files for bankruptcy LOS ANGELES (AP) — Party City announced that it's going to “wind down” its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide. The company said Saturday it has also filed for Chapter 11 bankruptcy protection "to maximize value for the benefit of the company’s stakeholders.” The New Jersey-based retailer said it will keep more than 95% of its 12,000 employees to help with the process of closing down. Customers have flocked to Party City for Halloween costumes, favors for children’s birthday parties and decorations for New Year’s Eve celebrations for nearly 40 years. It has faced growing competition from Walmart and Target and from occasion-based pop-up stores such as Spirit Halloween. A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now? Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check. Most people shouldn't get their hopes up about receiving the cash. The IRS says it’s distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns after missing one of the COVID stimulus payments or receiving less than the full amount. The IRS says most taxpayers eligible for the federal stimulus payments received them. Bluesky finds with growth comes growing pains — and bots Bluesky has seen its user base soar since the U.S. presidential election, boosted by people seeking refuge from Elon Musk’s X, or wanting an alternative to Meta’s Threads and its algorithms. The platform grew out of the company then known as Twitter and was eventually intended to replace it. While this is still very much a pie in the sky, Bluesky’s growth trajectory could make it a serious competitor to other social platforms. With growth, though, comes growing pains. It’s not just human users who’ve been flocking to Bluesky but also bots, including those designed to create partisan division or direct users to junk websites. 'Sonic 3' bests 'Mufasa: The Lion King' at the box office NEW YORK (AP) — In the holiday season battle of big-budget family movies, Paramount Pictures’ “Sonic the Hedgehog 3” sped past the Walt Disney Co.’s “Mufasa: The Lion King” to take the top spot at the box office. The results came just ahead of the lucrative Christmas corridor in theaters. According to studio estimates, “Sonic the Hedgehog 3” debuted with $62 million in ticket sales over the weekend. “Mufasa,” however, was humbled in its opening weekend, coming in notably shy of expectations. It returned just $35 million in domestic ticket sales. Amazon and Starbucks workers are on strike. Trump might have something to do with it Amazon delivery drivers and Starbucks baristas are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract. Strikes during busy periods like the holidays can help unions exercise leverage during negotiations or garner support from sympathetic consumers. One expert says he thinks workers at both companies are “desperate” to make progress before President-elect Donald Trump can appoint a Republican majority to the National Labor Relations Board. Workers at Starbucks, Amazon and some other prominent consumer brands are fighting for their first contracts after several locations voted to unionize. Farmers are still reeling months after Hurricane Helene ravaged crops across the South LYONS, Ga. (AP) — Farmers in Georgia are still reeling more than two months after Hurricane Helene blew away cotton, destroyed ripened squash and cucumbers and uprooted pecan trees and timber. Agribusinesses in other Southern states saw costly damage as well. The University of Georgia estimates the September storm inflicted $5.5 billion in direct losses and indirect costs in Georgia alone. In rural Toombs County, Chris Hopkins just finished harvesting his ravaged cotton crop and figures he lost half of it, costing him about $430,000. Poultry grower Jeffrey Pridgen in Georgia's Coffee County had four of his 12 chicken houses destroyed and others badly damaged. Farmers say more government disaster assistance is needed. Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26. He was well-regarded by colleagues at the San Francisco company, where a co-founder this week called him one of OpenAI’s strongest contributors who was essential to developing some of its products. But he grew disillusioned with the company and told The Associated Press this fall he would “try to testify” in copyright infringement cases against it. Federal Reserve's preferred inflation gauge shows price pressures eased last month WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Prices rose just 0.1% from October to November. Excluding the volatile food and energy categories, prices also ticked up just 0.1%, after two months of outsize 0.3% gains. The milder inflation figures arrived two days after Federal Reserve officials, led by Chair Jerome Powell, rocked financial markets by revealing that they now expect to cut their key interest rate just two times in 2025, down from four in their previous estimate. Albania to close TikTok for a year blaming it for promoting violence among children TIRANA, Albania (AP) — Albania’s prime minister says the government will shut down video service TikTok for one year, blaming it for inciting violence and bullying, especially among children. Albanian authorities held 1,300 meetings with teachers and parents following the stabbing death of a teenager in mid-November by another teenager following a quarrel that started on TikTok. Prime Minister Edi Rama, speaking at a meeting with teachers and parents, said TikTok “would be fully closed for all. ... There will be no TikTok in the Republic of Albania.” Rama says the ban will begin sometime next year. Albanian children comprise the largest group of TikTok users in the country, according to domestic researchers. Stock market today: Wall Street rises to turn a dismal week into just a bad one NEW YORK (AP) — U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% Friday to shave its loss for the week down to 2%. The Dow Jones Industrial Average jumped nearly 500 points, and the Nasdaq composite gained 1%. A report said a measure of inflation the Federal Reserve likes to use was slightly lower last month than expected. It’s an encouraging signal after the Fed shocked markets Wednesday by saying worries about inflation could keep it from cutting interest rates in 2025 as much as earlier thought.