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y88888 Stock market today: Wall Street slips as technology stocks drag on the market NEW YORK (AP) — Stocks slipped as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.4% Friday and the the Dow Jones Industrial Average lost 402 points, or 0.9%. The Nasdaq composite is down 2%. Technology stocks were the biggest drag on the market. The major indexes are still on track to close the week with gains, and the S&P 500 remains headed for its second consecutive annual gain of more than 20%. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. 10 tips from experts to help you change your relationship with money in 2025 NEW YORK (AP) — As the calendar changes to 2025, you might be thinking about how to approach your relationship with money in the new year. Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated. If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state of your finances in 2024. Then, set specific goals and make sure they’re attainable for your lifestyle. Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds WASHINGTON (AP) — Most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare’s CEO — although not as much as the person who pulled the trigger. So says a new poll from NORC at the University of Chicago. It finds that about 8 in 10 Americans say that the person who committed the killing has “a great deal” or “a moderate amount” of responsibility for the Dec. 4 shooting of Brian Thompson. Still, some see suspect Luigi Mangione as a heroic figure. About 7 in 10 adults say coverage denials or health insurance profits also bear at least “a moderate amount” of responsibility for Thompson’s death. Another jackpot surpasses $1 billion. Is this the new normal? Remember this moment because it probably won’t last: A U.S. lottery jackpot is projected to soar above $1 billion, and that's still a big deal. Friday’s Mega Millions drawing is worth an estimated $1.15 billion. The prize has evoked headlines across the country, despite the nation's top 10 jackpots already having boasted billion-dollar payouts. Jonathan Cohen is the author of the book “For a Dollar and a Dream: State Lotteries in Modern America.” He says he expects jackpots to continue to grow in size. Larger payouts attract more media attention, increase ticket sales and bring in new players. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76 NEW YORK (AP) — Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died. He was 76. Parsons died Thursday at his Manhattan home. He was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. Financial services company Lazard confirmed his death. Parsons was a longtime member of the company's board. His friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder’s company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen has targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said Thursday's bombardment took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. At least three people were reported killed and dozens injured in the Sanaa airport strike. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose. Finland stops Russia-linked vessel over damaged undersea power cable in Baltic Sea FRANKFURT, Germany (AP) — Finnish police say authorities detained a ship linked to neighboring Russia as they investigate whether it damaged a Baltic Sea power cable and several data cables. It was the latest incident involving disruption of key infrastructure. Police and border guards boarded the Eagle S and took control as they investigate damage to the Estlink-2 undersea power cable. The cable brings electricity from Finland to Estonia across the Baltic Sea. The cable went down on Wednesday. The incident follows damage to two data cables and the Nord Stream gas pipelines. Both have been termed sabotage. Climate-friendly electricity sees big battery projects soar again for 2024 2024 was another banner year for a source of electricity that is better for people’s lungs, better for climate change and may be reaching your home now when you turn on the lights or turn up the thermostat — large banks of batteries. Storing extra power in batteries effectively extends the hours of solar and wind power in a day. Storage is also important as global electricity demand rises. Last, it is important for increasingly frequent extreme weather events, worsened by climate change. Texas and California are embracing the benefits of batteries, but some other regions are dragging their feet.

Learn from Indian women how to invest in gold and silver: Jim Rogers

For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter, with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal that's the richest in baseball history. It comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. They are believed to be the two richest contracts in pro sports history. The way it's going, a contract approaching $1 billion doesn't seem out of the question. But several factors are working against it — at least in the near future. There's reason to believe the megadeals for Ohtani and Soto are unicorns in the baseball world. Both players are uniquely talented, surely, but both also had unusual circumstances propelling their value into the stratosphere. Ohtani is the greatest two-way player in baseball history, capable of improving any team on both sides of the ball. He's also the rare baseball player who has true international appeal. His every move ( like his unexpected marriage announcement ) is followed closely in his native Japan, adding another 125 million potential fans who buy merchandise, watch him play and help fill the Dodgers' coffers. Then there's Soto — a four-time All-Star and on-base machine who won a World Series with the Washington Nationals in 2019. The X-factor for him is he became a free agent at the prime age of 26, which is extremely hard to do under current MLB rules. New York Yankees' Juan Soto, right, with the help of his agent Scott Boras, left, agreed to a $765 million, 15-year deal with the New York Mets on Sunday. Players have to be in the big leagues for six years before testing free agency. The precocious Soto debuted at 19 with the Nats, making him part of a rare group of players who reached the highest level of professional baseball as a teenager. That accelerated his free agency timeline. It's rare for players to debut that young, and rarer still for them to develop into stars and test the open market the first chance they get. Two recent examples are Manny Machado and Bryce Harper, who both reached free agency in 2019. Machado signed a free-agent record $300 million contract with San Diego, and Harper overtook him days later with a $330 million contract to join the Phillies. Most players debut in the big leagues from ages 22 to 26, which means free agency comes in their late 20s or early 30s. A typical example is Yankees slugger Aaron Judge, who is one of this generation's great players but didn't hit the market until he was 30. Judge played three seasons of college baseball for Fresno State before getting drafted by the Yankees in 2013 at age 21 — already two years older than Soto was when he made his MLB debut. It took a few years for the budding superstar to reach the majors, and he was 25 when he had his breakout season in 2018, smashing 52 homers to earn AL Rookie of the Year honors. By the time he reached free agency after the 2022 season, he had already passed age 30. It's a major factor that led to him signing a $360 million, nine-year deal with the Yankees, which seems downright reasonable these days after the Ohtani and Soto deals. Two major trends are colliding that will make it harder for guys like Soto to hit free agency in their mid 20s. First, MLB teams have been more likely in recent years to take college players early in the draft, betting on more experienced talents. Just 10 high school players were drafted among the top 30 picks in the 2024 draft. Second, teams are more eager to lock up young, premium talent on long-term deals very early in their careers, well before they hit free agency. Sometimes before they even reach the majors. Juan Soto's deal comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. Since Soto, just two players have debuted in MLB before their 20th birthday — Elvis Luciano and Junior Caminero. Luciano hasn't been back to the majors since his 2019 cup of coffee. Caminero is now 21 and has only played in 50 big league games. Among those that debuted at 20: Fernando Tatis Jr. signed a $340 million, 14-year deal with San Diego in 2021, years before reaching the open market. Milwaukee's Jackson Chourio got an $82 million, eight-year deal before even reaching the big leagues. Young stars Corbin Carroll ($111 million, eight years with Arizona), Bobby Witt Jr. ($288 million, 11 years with Kansas City) and Julio Rodriguez ($209.3 million, 12 years with Seattle) also got massive guarantees early in their 20s to forgo an early free agency. The exception and wild card: Blue Jays slugger Vladimir Guerrero Jr. will be a 26-year-old free agent next offseason. Guerrero hasn't been as consistent in his young career as Soto, but a standout 2025 season could position him to threaten Soto's deal. More likely is that the player to pass Soto isn't in the majors yet — and might not even be in pro baseball. When 25-year-old Alex Rodriguez signed his record $252 million, 10-year deal with Texas in 2001, it took over a decade for another player to match that total, when Albert Pujols got $240 million over 10 years from the Angels in 2012. For many players, passing up life-changing money in their early or mid 20s is too enticing, even if it means that they might not maximize their value on the free agent market later in their careers. Soto was determined to test the market. He famously turned down a $440 million, 15-year offer to stay with the Washington Nationals in 2022, betting that he could make even more as a free agent. Not many players would turn down that kind of cash. Then again, that's what makes Soto so unique. And it's also why his $765 million deal could be the industry standard for some time. Stiliana Nikolova, of Bulgaria performs in the rhythmic gymnastics individuals all-round qualification round, at La Chapelle Arena at the 2024 Summer Olympics, Thursday, Aug. 8, 2024, in Paris, France. (AP Photo/Francisco Seco) Cincinnati Reds' Jonathan India reacts as he collides with San Diego Padres catcher Luis Campusano during the second inning of a baseball game Tuesday, May 21, 2024, in Cincinnati. India was safe and Campusano was charged with an error. (AP Photo/Carolyn Kaster) Kimberley Woods of Britain competes in the women's kayak cross time trial at the 2024 Summer Olympics, Friday, Aug. 2, 2024, in Vaires-sur-Marne, France. (AP Photo/Kirsty Wigglesworth) Mike Tyson, left, fights Jake Paul during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Aryna Sabalenka of Belarus plays a forehand return to Coco Gauff of the U.S. during their semifinal match at the Australian Open tennis championships at Melbourne Park, Melbourne, Australia, Thursday, Jan. 25, 2024. (AP Photo/Louise Delmotte) Noah Lyles, of the United States, jumps as he limbers-up ahead of the men's 100-meters final at the 2024 Summer Olympics, Sunday, Aug. 4, 2024, in Nanterre, France. (AP Photo/Petr David Josek) A member of the Seattle Mariners tosses a ball against a wall during drills at spring training baseball workouts, Thursday, Feb. 15, 2024, in Peoria, Ariz. (AP Photo/Lindsey Wasson) Rebecca Sramkova of Slovakia waits to receive serve during her first round match against Marta Kostyuk of Ukraine at the Wimbledon tennis championships in London, Monday, July 1, 2024. (AP Photo/Kirsty Wigglesworth) Czech Republic's Jiri Beran, left, competes with France's Yannik Borel in the men's team epee bronze final match during the 2024 Summer Olympics at the Grand Palais, Friday, Aug. 2, 2024, in Paris, France. (AP Photo/Abbie Parr) France's Adrien Truffert jumps over Argentina's goalkeeper Geronimo Rulli during a quarterfinal soccer match between France and Argentina, at Bordeaux Stadium, during the 2024 Summer Olympics, Friday, Aug. 2, 2024, in Bordeaux, France. (AP Photo/Rebecca Blackwell) Fans interfere with a foul ball caught by Los Angeles Dodgers right fielder Mookie Betts during the first inning in Game 4 of the baseball World Series against the New York Yankees, Tuesday, Oct. 29, 2024, in New York. (AP Photo/Ashley Landis) Italy's Sara Curtis splashes her face with water before a women's 50-meter freestyle semifinal at the Summer Olympics in Nanterre, France, Saturday, Aug. 3, 2024. (AP Photo/Natacha Pisarenko) Ivory Coast 's Seko Fofana, top, duels for the ball with Nigeria's Victor Osimhen during the African Cup of Nations final soccer match between Nigeria and Ivory Coast, at the Olympic Stadium of Ebimpe in Abidjan, Ivory Coast, Sunday, Feb. 11, 2024. (AP Photo/Sunday Alamba) Costa Rica midfielder Jefferson Brenes, from left, Alvaro Zamora (21), Francisco Calvo (15) and Joseph Mora (8) are pelted with drinks and trash after celebrating a Brenes goal in the second half of a CONCACAF Nations League Play-In soccer match against Honduras, Saturday, March 23, 2024, in Frisco, Texas. (AP Photo/Julio Cortez) Gabrielle Thomas, of the United States, celebrates winning the gold medal in the women's 200 meters final at the 2024 Summer Olympics, Tuesday, Aug. 6, 2024, in Saint-Denis, France. (AP Photo/Ashley Landis) Tyrrell Hatton, of England, reacts on the 11th hole during a practice round in preparation for the Masters golf tournament at Augusta National Golf Club Wednesday, April 10, 2024, in Augusta, GA. (AP Photo/Ashley Landis) Quincy Hall, of the United States, celebrates after winning the men's 400-meter final at the 2024 Summer Olympics, Wednesday, Aug. 7, 2024, in Saint-Denis, France. (AP Photo/David J. Phillip) Tim Tszyu, of Australia, hits Sebastian Fundora in a super welterweight title bout Saturday, March 30, 2024, in Las Vegas. (AP Photo/John Locher) Baltimore Ravens wide receiver Zay Flowers takes the field prior to an NFL football game against the Buffalo Bills, Sunday, Sept. 29, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough) Workers peep through curtains to watch a match between France's Gael Monfils and Russia's Daniil Medvedev during the China Open tennis tournament held at the National Tennis Center in Beijing, Friday, Sept. 27, 2024. (AP Photo/Ng Han Guan) Amy Yang, of South Korea, is doused after winning the Women's PGA Championship golf tournament at Sahalee Country Club, Sunday, June 23, 2024, in Sammamish, Wash. (AP Photo/Lindsey Wasson) Workers remove snow from Highmark Stadium in Orchard Park, N.Y., Sunday Jan. 14, 2024. (AP Photo/ Jeffrey T. Barnes) United States' Mikaela Shiffrin speeds down the course during an alpine ski, women's World Cup slalom, in Gurgl, Austria, Saturday, Nov. 23, 2024. (AP Photo/Gabriele Facciotti) Real Madrid's Vinicius Junior, left, scores his side's second goal during a Spanish La Liga soccer match between Real Madrid and Almeria at the Santiago Bernabeu stadium in Madrid, Spain, Sunday, Jan. 21, 2024. (AP Photo/Bernat Armangue ) Czech Republic's Michal Kempny, right, punches United States' Brady Tkachuk during the quarterfinal match between Czech Republic and United States at the Ice Hockey World Championships in Prague, Czech Republic, Thursday, May 23, 2024. (AP Photo/Petr David Josek) Turkey's Taha Akgul, left, competes with Georgia's Geno Petriashvili in a men's freestyle 125 kg category gold medal wrestling match during the European Wrestling Championships, in Bucharest, Romania, Sunday, Feb. 18, 2024. (AP Photo/Andreea Alexandru) Kansas City Chiefs guard Trey Smith cries after winning the NFL Super Bowl 58 football game against the San Francisco 49ers, Sunday, Feb. 11, 2024, in Las Vegas. The Chiefs won 25-22. (AP Photo/Eric Gay) Carles Coll Marti of Spain competes in the men's 200-meter breaststroke heat at the World Aquatics Championships in Doha, Qatar, Thursday, Feb. 15, 2024. (AP Photo/Lee Jin-man) Los Angeles Lakers forward LeBron James (23) shoots between New Orleans Pelicans guard Trey Murphy III and guard CJ McCollum in the second half of an NBA basketball play-in tournament game Tuesday, April 16, 2024, in New Orleans. The Lakers won 110-106. (AP Photo/Gerald Herbert) A man in a monk's robe waves the French flag as the peloton passes during the sixth stage of the Tour de France cycling race over 163.5 kilometers (101.6 miles) with start in Macon and finish in Dijon, France, Thursday, July 4, 2024. (AP Photo/Daniel Cole) Belgium's Jeremy Doku, left, challenges for the ball with Romania's Andrei Ratiu during a Group E match between Belgium and Romania at the Euro 2024 soccer tournament in Cologne, Germany, Saturday, June 22, 2024. (AP Photo/Alessandra Tarantino) A spectator walks through a water mist sprayer on her way to Eiffel Tower Stadium to watch a beach volleyball at the 2024 Summer Olympics, Sunday, July 28, 2024, in Paris, France. (AP Photo/Robert F. Bukaty) Gabriel Medina, of Brazil, kicks off of a wave as he warms up prior to the quarterfinals round of the 2024 Summer Olympics surfing competition, Thursday, Aug. 1, 2024, in Teahupo'o, Tahiti. (AP Photo/Gregory Bull) Rebeca Andrade, of Brazil, is reflected on a surface as she performs on the balance beam during the women's artistic gymnastics all-around finals in Bercy Arena at the 2024 Summer Olympics, Thursday, Aug. 1, 2024, in Paris, France. (AP Photo/Charlie Riedel) Wyndham Clark waits to hit on the 17th hole during the first round at the Masters golf tournament at Augusta National Golf Club Thursday, April 11, 2024, in Augusta, Ga. (AP Photo/Matt Slocum) Kolkata Knight Riders' wicketkeeper Rahmanullah Gurbaz dives to make an unsuccessful attempt to run out Sunrisers Hyderabad's Abhishek Sharma during the Indian Premier League cricket final match between Kolkata Knight Riders and Sunrisers Hyderabad in Chennai, India, Sunday, May 26, 2024.(AP Photo/Mahesh Kumar A.) Mercedes driver Lewis Hamilton of Britain steers his car during the qualifying session of the Singapore Formula One Grand Prix at the Marina Bay Street Circuit, in Singapore, Saturday, Sept. 21, 2024. (AP Photo/Vincent Thian) Serbia's Novak Djokovic embraces his daughter Tara after defeating Spain's Carlos Alcaraz in the men's singles tennis final at the Roland Garros stadium during the 2024 Summer Olympics, Sunday, Aug. 4, 2024, in Paris, France. (AP Photo/Manu Fernandez) Spain's Dani Olmo clears the ball from the goal line during the final match between Spain and England at the Euro 2024 soccer tournament in Berlin, Germany, Sunday, July 14, 2024. (AP Photo/Andreea Alexandru) A fleet of boats compete in the mixed multihull sailing race during the 2024 Summer Olympics, Sunday, Aug. 4, 2024, in Marseille, France. (AP Photo/Daniel Cole) A horse watches from its stable ahead of the 156th running of the Belmont Stakes horse race at Saratoga Race Course, Thursday, June 6, 2024, in Saratoga Springs, N.Y. (AP Photo/Julia Nikhinson) Silver medalist Simone Biles, of the United States, left, and bronze medalist Jordan Chiles, of the United States, right, bow to gold medalist Rebeca Andrade, of Brazil, during the medal ceremony for the women's artistic gymnastics individual floor finals at Bercy Arena at the 2024 Summer Olympics, Monday, Aug. 5, 2024, in Paris, France. (AP Photo/Abbie Parr) Denver celebrates after winning the championship game against Boston College in the Frozen Four NCAA college hockey tournament Saturday, April 13, 2024, in St. Paul, Minn. Denver won 2-0 to win the national championship. (AP Photo/Abbie Parr) Washington safety Kamren Fabiculanan (13) and cornerback Elijah Jackson (25) break up a pass to Eastern Michigan wide receiver Terry Lockett Jr. (3) in the end zone during the second half of an NCAA college football game Saturday, Sept. 7, 2024, in Seattle. Washington won 30-9. (AP Photo/Lindsey Wasson) Milwaukee Bucks' AJ Johnson, right, goes up for a shot against Philadelphia 76ers' Jared McCain, center, and Adem Bona during the second half of an NBA basketball game, Wednesday, Oct. 23, 2024, in Philadelphia. (AP Photo/Matt Slocum) Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, Monday, March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. Terrill) Italy's Giovanni Tocci competes in the men's 3m springboard diving preliminary at the 2024 Summer Olympics, Tuesday, Aug. 6, 2024, in Saint-Denis, France. (AP Photo/Lee Jin-man) Los Angeles Dodgers designated hitter Shohei Ohtani breaks his bat during the first inning of the team's baseball game against the Washington Nationals at Nationals Park, Tuesday, April 23, 2024, in Washington. (AP Photo/Alex Brandon) Wearing a device that measures his energy consumption, the Israel Amputee Football Team player, Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Thursday, April 11, 2024. (AP Photo/Leo Correa) A soccer fan dressed as Spiderman watches Brazil play Uruguay in a Copa America quarterfinal match on a screen set up for fans on Copacabana Beach in Rio de Janeiro, Sunday, July 7, 2024. Brazil lost in a penalty shootout and Uruguay qualified for the semifinals. (AP Photo/Bruna Prado) Men dressed in traditional clothes try to pull the opponent over the table at the German Championships in Fingerhakeln or finger wrestling, in Bernbeuren, Germany, Sunday, May 12, 2024. (AP Photo/Matthias Schrader) Aryna Sabalenka, of Belarus, kicks the ball after double faulting against Jessica Pegula, of the United States, during the women's singles final of the U.S. Open tennis championships, Saturday, Sept. 7, 2024, in New York. (AP Photo/Julia Nikhinson) Water is sprayed on the pitch as the ball boys and girls walk along the center line before the start of the men's Group A field hockey match between South Africa and Germany at the Yves-du-Manoir Stadium during the 2024 Summer Olympics, Tuesday, July 30, 2024, in Colombes, France. (AP Photo/Aijaz Rahi) Cleveland Browns defensive end Isaiah McGuire (57) reaches for Minnesota Vikings quarterback Nick Mullens (12) during the first half of an NFL preseason football game, Saturday, Aug. 17, 2024, in Cleveland. (AP Photo/Sue Ogrocki) Morocco's Widad Bertal celebrates after defeating Thailand's Jutamas Jitpong in their women's 54kg preliminary boxing match at the 2024 Summer Olympics, Tuesday, July 30, 2024, in Paris, France. (AP Photo/John Locher) Brazil's Priscila eyes the ball during a women's semifinal soccer match between Brazil and Spain at the 2024 Summer Olympics, Tuesday, Aug. 6, 2024, at Marseille Stadium in Marseille, France. (AP Photo/Julio Cortez) Simone Biles of the United States competes on the balance beam during a women's artistic gymnastics qualification round at the 2024 Summer Olympics, Sunday, July 28, 2024, in Paris, France. (AP Photo/Charlie Riedel) New Orleans Saints linebacker Willie Gay Jr. signs autographs for a young fan before the start of an NFL football game against the Kansas City Chiefs Monday, Oct. 7, 2024, in Kansas City, Mo. (AP Photo/Ed Zurga) Real Madrid's players celebrate with the trophy after winning the Champions League final soccer match between Borussia Dortmund and Real Madrid at Wembley stadium in London, Saturday, June 1, 2024. (AP Photo/Kirsty Wigglesworth) Mozambique's Deizy Nhaquile battles rough seas during a women's dinghy race, Saturday, Aug. 3, 2024, during the 2024 Summer Olympics in Marseille, France. (AP Photo/Jacquelyn Martin) People watch the cauldron rise at sunset by the Olympic rings during the 2024 Summer Olympics, Monday, Aug. 5, 2024, in Paris, France. (AP Photo/Natacha Pisarenko) Kansas City Chiefs tight end Travis Kelce (87) kisses Taylor Swift after the NFL Super Bowl 58 football game against the San Francisco 49ers, Sunday, Feb. 11, 2024, in Las Vegas. The Chiefs won 25-22. (AP Photo/John Locher) A light show is projected from the Eiffel Tower in Paris, France, during the opening ceremony of the 2024 Summer Olympics, Friday, July 26, 2024. (AP Photo/David J. Phillip) Kateryna Tabashnyk, a high jumper, sits for a portrait Sunday, June 9, 2024, at the athletics arena of the "Polytechnic" sports complex, which was destroyed by a Russian rocket attack, in Kharkiv, Ukraine. (AP Photo/Evgeniy Maloletka) Get in the game with our Prep Sports Newsletter Sent weekly directly to your inbox!

Even by the standards of a litigious business, Drake’s recent legal actions against Universal Music Group and other companies look like odd filings. On Nov. 25, Drake filed an action accusing UMG and Spotify of acting to “artificially inflate” the popularity of Kendrick Lamar ’s “Not Like Us”; the next day, he made a similar filing against UMG and iHeartRadio , alleging that UMG’s release of the song could also constitute defamation. The basic idea seems to be that “Not Like Us,” Lamar’s diss track against Drake, became so successful because it was rigged. “UMG did not rely on chance, or even ordinary business practices,” Drake’s lawyers wrote in the first filing. “It instead launched a campaign to manipulate and saturate the streaming services and airwaves.” The filings accuse UMG and its partners of acting in ways that are fraudulent, including using “bots” and payola, but little proof is provided — a “whistleblower,” an “inside source known to petitioner” and an assertion that Drake “learned of at least one UMG employee making payments to an independent radio promoter” who had agreed to pay stations. (The company has said in a statement to Billboard that “the suggestion that UMG would do anything to undermine any of its artists is offensive and untrue.”) These filings aren’t lawsuits, but rather legal attempts to get information that might provide the basis for them. And since Lamar’s success doesn’t really come at the expense of Drake’s — at least any more than any artist becomes popular at the expense of any other — it’s hard not to wonder if Drake is just upset that, with “Not Like Us,” Lamar seems to have won the long-running feud between them. That’s a long story — well-summarized here — but Drake and Lamar basically traded diss tracks for hip-hop fans until Lamar’s scathing “Not Like Us” topped the Billboard Hot 100. Drake is essentially claiming that UMG — for which both rappers record under different labels — cheated on Lamar’s behalf. It was rigged. Quick: What other famous person does this remind you of? Hints: When he wins, he revels in his success; when he loses, he blames it on unfairness and litigates. Yes, I’m going there: Drake has become Trumpian . Before Team Drizzy throws bottles of Virginia Black Whiskey by Drake, Drake is a skilled rapper, a compelling performer, and a fantastic Drake — it’s hard to compare him to other artists, both because he doesn’t fit neatly into a genre and because his greatest talent is being Drake. (Drake the artist seems to be an exaggerated version of Drake the person, with the soap operatic conflict amped up and the more mundane parts edited out.) Both Drake and Trump thrive on success and fandom — their fans root for them because they win and they win because their fans root for them. (Trump the politician seems to be an exaggerated version of Trump the person, with the cultural conflict amped up and the boring parts edited out.) Neither gets a ton of respect from critics, but they are both popular beyond belief, and they love to win and then show off that they did. Drake’s feud with Lamar became so compelling because each was a champion in his own way — Drake the unmatched entertainer, Lamar the iconic old-school lyricist. By scoring a No. 1 single with a diss track, an unusual achievement, Lamar essentially beat Drake at his own game. Is this why Drake is filing legal actions? Most people file litigation for financial restitution, to get an injunction to stop something, or to win negotiating leverage. In this case, the first would be hard to calculate, the second involves practices that would be hard to prove and the third seems unlikely — why would Drake want out of the UMG deal he signed in 2021 , which includes publishing and merchandise rights and was described as “Lebron sized.” The only thing we know about Drake’s motive is that his second filing says he “brings this action for a discrete and specific purpose: to understand whether, and how, UMG funneled payments to iHeartRadio and its radio stations as part of a pay-to-play scheme.” Perhaps, like Trump, he simply can’t imagine the possibility that he would lose a fair fight. Does Drake have a case? If UMG really had the power to make any song a hit, wouldn’t it do so more frequently? If anyone thinks Drake hasn’t received enough marketing or promotion — and I have yet to meet such a person — it’s worth considering that some Spotify subscribers found the service’s promotion of Scorpion so extensive that they asked for a refund . This, too, has political echoes: If U.S. elections are as unfair as Trump claims, how can he trust the one in November? Like Trump, Drake loves the one-upmanship drama of competition — but only, apparently, when he wins. Trump ran several campaigns based partly on the politics of insult comedy — his dog-whistle racism was obviously far worse — but he doesn’t like to be on the receiving end of it. (The kind of thin skin that would be a personal fault in most is terrifying in the U.S. president.) If rappers could pursue defamation claims for diss tracks, much less against the labels that release them, hip-hop never would have made it out of the Bronx. Lamar called Drake a certified pedophile, which is an ugly accusation, and a pun on Drake’s Certified Lover Boy , but not an actual thing; the reason Drake looks bad isn’t because people believe it but because “Not Like Us” is catchier and wittier than his own diss tracks. Drake certainly has the right to ask about music promotion practices — even in a legal filing. If no evidence of this emerges, though, he will need to seek satisfaction the old-fashioned way — by releasing a more compelling single.Key Manufacturing Logistics Market Trend: Advancing Logistics Through Digital Ecosystems And Sustainable Technologies

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