
Stock Market Rallies On: AI Software, Biotechs, Costco Coming Up
New York City Mayor Eric Adams (D) did not rule out the possibility of him rejoining the Republican Party, stating that he was “part of the American Party.” During an interview with Spectrum News NY1, Adams spoke about how he loved the United States, and how his “19-year-old nephew” had died while fighting in Vietnam. Between April 1995-November 2002, Adams was registered as a Republican, prior to joining the Democrat Party, according to the outlet. “Would you ever consider rejoining the GOP?” Adams was asked. “The party that’s the most important for me is the American Party,” Adams responded. “I’m a part of the American Party. I love this country. This is the home of the free, land of the brave. My 19-year-old nephew died on the fields of Vietnam protecting what this city and this country represents, and that’s the party I’m going to always be a member of.” Adams noted that while he had served as a police officer for 22 years, he had been a member of the American Party, and he would continue to be a member of the American Party while wearing a blue suit “as the mayor of the city of New York.” Politico reported that in another interview on Pix11 News, Adams explained that whether he was registered as a Republican or Democrat, he would “push for American values.” “No matter what party I’m on or vote on, I’m going to push for American values,” Adams said. Adams’ comments come as he has previously criticized President Joe Biden over the “record-breaking” levels of illegal immigration to the country and has expressed a willingness to work with President-elect Donald Trump and the incoming Trump administration to deport criminal illegal migrants. The New York City mayor has also expressed that he “would love to sit down with” Tom Homan, who Trump selected to serve as the “Border Czar,” and hear Homan’s “thoughts on how we’re going to address those who are harming our citizens.” Adams has also defended Trump against claims from Democrats and the mainstream media that he is a “fascist” and has stated that people need to “dial down the temperature” with their rhetoric in conversations. Adams has also previously noted that he knows “what Hitler has done” and knows “what a fascist regime looks like.”
Federal appeals court upholds law requiring sale or ban of TikTok in the US
December 6, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlightedthe following attributes while ensuring the content's credibility: fact-checked trusted source proofread by Kyle Shaner, University of Cincinnati A prediction market was more accurate in forecasting the 2024 presidential election than traditional polls and pundits. Prediction markets, also known as betting markets, are where contracts that are contingent on the occurrence of events in the future can be traded. The potential displayed by that success in forecasting the election, along with an administration friendlier to cryptocurrencies, could lead to greater adoption for them, a University of Cincinnati economist said. Michael Jones, Ph.D., a Carl H. Lindner College of Business assistant professor of economics and director of the Cryptoeconomics Lab at UC Digital Futures, said the success of a blockchain-based prediction market, Polymarket, in predicting the outcome of the election showed that cryptocurrencies and blockchain technologies have more potential than just investments. "What's exciting is you're seeing a real-world use case that's getting a lot of attention that shows the value and utility of using a blockchain," Jones said. Polymarket is the world's largest prediction market. Users can take a position on whether or not an event will occur. If they're right, they get paid instantaneously. It's built on a blockchain, an unchanging digital ledger of economic transactions that records not only financial transactions but anything of value, in a global and verifiable system. As Election Day approached, Trump was trading at approximately 60 cents on the dollar on Polymarket. Those who bet on Trump made approximately 40 cents profit per share once he won the election. The market gave Trump greater odds to win than most polls, which had the election at close to 50-50 odds, and was closer to the final Electoral College tally. "The polls are just people's opinions; the pundits had their opinions, but there really are no consequences if they got it wrong," Jones said. "Maybe they took a little heat in the media. But if you got it wrong in the prediction market side, then you lost significant amounts of money. "What people started to realize is there's information contained in these prediction markets , so we should take them seriously." Prediction markets can be used for more practical matters, too, Jones said. For example, companies have used them to gauge the likelihood that a product will launch in the coming year. Typically, employees are incentivized to present optimistic outlooks to their employers. Prediction markets are more likely to get an unbiased opinion. "The advantage is it's built on the wisdom of the crowd," Jones said. "If everybody is able to use their own secret information, their own personal experiences of what they know, it sort of aggregates all of the individuals and really puts money on the line. "What you're really doing is democratizing the information collection." Also, some companies have used prediction markets to hedge against risk, Jones said. They might take a position that pays out if something occurs, such as a natural disaster or unfavorable court ruling, that otherwise would harm their business. The Defense Advanced Research Projects Agency (DARPA), which is part of the U.S. Department of Defense, experimented with using prediction markets to predict things such as terrorism, coups and recessions. Discover the latest in science, tech, and space with over 100,000 subscribers who rely on Phys.org for daily insights. Sign up for our free newsletter and get updates on breakthroughs, innovations, and research that matter— daily or weekly . The DARPA project was controversial as there were objections to people profiting off tragedies such as terrorism. Still, other people maintain the knowledge gained from the prediction market is more valuable than the potential downsides. "Economists took both sides of this," Jones said. "If you need to get this information out, are you willing to accept that the trade-off is someone might profit from the higher likelihood that you could save lives—because you know there's a high probability an event is going to occur?" For the past couple years, the Commodities Futures Trading Commission has prohibited American citizens from participating in some prediction markets. However, Jones said it would be naive to think Americans haven't participated, including in the election prediction market, as tools such as virtual private networks allow users to hide their locations online. During Joe Biden's presidential administration, the U.S. government, including the Securities and Exchange Commission, has been aggressive in pursuing cases against cryptocurrency companies and pursuing regulations. There likely will be fewer regulations during the Trump administration, Jones said. "Many investors are anticipating that a lot of those cases will be dropped," he said. "I think a lot of the regulations around crypto companies being located in the U.S. will be improved, so it will open up more economic activity for those companies." Jones expects it will be easier for cryptocurrency companies to locate in the United States and build their businesses here. He also expects more companies and individuals to adopt cryptocurrencies as an asset class. Provided by University of Cincinnati
“I Was Cool About It”: Deebo Samuel Breaks Silence on Terrell Owens’ “Pregame Attire” JabSyrian President Bashar al-Assad oversaw a merciless crackdown on a pro-democracy revolt that morphed into one of the bloodiest wars of the century. After facing down nationwide protests demanding his ouster and an armed rebellion that he all but crushed, he had until this month taken back control of much of Syria in the civil war that began in 2011. Quiet in his demeanour, Assad is a political survivor who for years excelled in his alliance-building with Russia and Iran, and who knew just how to present himself as Syria’s only viable leader in the face of the Islamist threat. But since November 27, an Islamist-led rebel offensive has wrested from Assad’s control city after city, including Aleppo and Hama for the first time since 2011, leaving his grip on power severely under threat. Assad has cast himself as the protector of Syria’s minorities, a bulwark against extremism and the sole possible purveyor of stability for the war-ravaged country. In multiple votes held over the years, conducted solely on government-held territory, he has taken the vast majority of the ballots, amid accusations from Western countries that the wartime elections were neither free nor fair. In appearance, whether in person or in the many portraits of him in the capital Damascus, Assad has typically eschewed military garb, opting instead for a sharp-cut business suit and sober tie. In official meetings, during interviews and even on the frontlines, the 59-year-old ophthalmologist by training conducts himself calmly and can almost appear timid. Behind the facade, however, is an astonishing ability to hold onto power amid multiple waves of violence and transformative change in Syria and the wider region. – ‘Shuffle the cards’ – One journalist, who met with Assad on several occasions before and after war broke out in 2011, told AFP the president is a “unique and complex figure”. “Each time I met him he was calm... even during the most difficult moments of the war,” said the journalist, who declined to be named. Assad has “the same qualities” as his father, Hafez al-Assad, who ruled Syria for nearly three decades until his death in 2000, the journalist said. “In politics, it’s important to know how to shuffle cards, not just how to arrange them,” he added. “Assad has mastered the shuffling game.” Hafez al-Assad, head of the Syrian Baath Party, imposed in the country a secretive, paranoid regime where even the slightest suspicion of dissent could land one in jail or worse. Bashar al-Assad was never meant to become president, but his life changed radically when his older brother Bassel, who was being groomed to inherit power, was killed in a road accident in 1994. Bashar quit his studies in ophthalmology and left London, where he had met his wife, Asma, a British-Syrian and Sunni Muslim who worked for financial services firm JP Morgan. Back home, he took a course in military studies and was tutored in politics by his father. When the latter died, Bashar became president by referendum, running unopposed, then winning a second term in 2007. Sworn in at the age of 34, Assad was widely seen by Syrians pining for freedoms as a reformer, who could do away with years of repression and introduce economic liberalisation. In the early days, Assad would be seen driving his own car or having dinner at restaurants with his wife. He relaxed some of the heavy restrictions that existed under his father. – Deadly crackdown – But his initial image as a reformer quickly evaporated as authorities arrested and jailed academics, intellectuals and other members of what was then known as the Damascus Spring movement. When the Arab Spring reached Syria in March 2011, peaceful demonstrations broke out calling for change. Assad, who is also commander-in-chief of the armed forces, responded by ordering a brutal crackdown on the protesters and civil war swiftly ensued. Throughout the war, which has killed more than 500,000 people and displaced half the population, Assad’s position has not changed. He has been the subject of countless cartoons by dissident artists depicting him as a killer, not least in the aftermath of the 2013 chemical attacks on rebel bastions around Damascus. A Syrian researcher in Damascus, who asked to speak anonymously over security concerns, said: “Assad’s personality played an undeniable role in his survival.” His “persistence and rigour” were especially important in helping him “consolidate decision-making powers, and secure the army’s full support”, he added. Throughout the war, Assad has enjoyed military backing from staunch allies Iran and Russia, who helped him score a string of military victories. Since the start of the Islamist-led rebel offensive on November 27, Assad has echoed his long-held stance that the conflict in Syria is machinated from abroad. “The terrorist escalation reflects the far-reaching goals of dividing the region and fragmenting the countries in it and redraw the map in line with the objectives of the United States and the West,” Assad said on Monday. He is the father of three children. His wife, Asma, was dubbed a “rose in the desert” by Vogue magazine before the revolt. With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.
WASHINGTON, Nov 21 (Reuters) - U.S. Senator Chris Van Hollen has introduced legislation seeking to halt American weapons sales to the United Arab Emirates until the United States certifies that the UAE is not arming the paramilitary Rapid Support Forces (RSF) in Sudan, according to an early version of his announcement seen by Reuters. Van Hollen has filed a joint resolution of disapproval in the Senate, while fellow Democrat Sara Jacobs has filed one in the House of Representatives. Their effort is unlikely to win significant support in Congress as U.S. administrations under presidents of both parties long have viewed the UAE as a vital regional security partner, but would draw attention to a conflict that has become one of the world's worst humanitarian disasters. "The UAE is an important partner in the Middle East, but the United States cannot sit idly by as it aids and abets the humanitarian disaster in Sudan - we must use our leverage to try to bring this conflict to a peaceful resolution," Van Hollen said in a statement. U.S. law requires congressional review of major arms deals, and lets members of the Senate force votes on resolutions of disapproval that would block such sales. Although the law does not let House members force such votes, resolutions must pass both chambers of Congress, and potentially survive a presidential veto, to go into effect. No resolution of disapproval has ever both passed Congress and survived a presidential veto. Such resolutions have at times led to heated debates that highlighted human rights concerns and lawmakers' dissatisfaction over weapons sales. The UAE has long been a major purchaser of U.S. weapons. In October, the Biden administration announced, for example, that it had approved a potential sale of GMLRS and ATACMS munitions, and related support, for $1.2 billion. GMLRS, or Guided Multiple Launch Rocket System rockets, are made by L3Harris Technologies' (LHX.N) , opens new tab business unit Aerojet Rocketdyne. The long-range ATACMS are made by Lockheed Martin. (LMT.N) , opens new tab The newly introduced resolutions seek to stop that sale. President Joe Biden, a Democrat, this year recognized the UAE as a major defense partner, and the Gulf state is host to the Al Dhafra Air Base with U.S. military aircraft and thousands of American personnel. Sudan's army has accused the UAE of providing weapons and support to the RSF in Sudan's 17-month-old war. The Gulf state denies the allegations. U.N. sanctions monitors have described as credible accusations that the UAE had provided military support to the RSF. The UAE has denied involvement in military support to any of Sudan's rival parties. War erupted in April 2023 between the Sudanese army and the RSF over a transition to free elections, with tens of thousands of people reported dead. The United Nations has said nearly 25 million people - half of Sudan's population - need aid, famine is looming and some 8 million people have fled their homes. "The UAE is one of the biggest outside actors fueling the violence in Sudan, and yet the U.S. is on the brink of selling the UAE another $1.2 billion in weapons that could end up in the hands of the RSF," Jacobs, who met with Sudanese refugees on the border with Chad this year, said in a statement. Sign up here. Reporting by Patricia ZengerleEditing by Don Durfee and Will Dunham Our Standards: The Thomson Reuters Trust Principles. , opens new tab Thomson Reuters Patricia Zengerle has reported from more than 20 countries, including Afghanistan, Iraq, Pakistan, Saudi Arabia and China. An award-winning Washington-based national security and foreign policy reporter who also has worked as an editor, Patricia has appeared on NPR, C-Span and other programs, spoken at the National Press Club and attended the Hoover Institution Media Roundtable. She is a recipient of the Edwin M. Hood Award for Diplomatic Correspondence.Raiders TE Brock Bowers sets two rookie records, one team markBy JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70
Gilmore Girls fans left in tears by sweet reunion starring Lauren Graham and Scott Patterson By EMILY LEFROY FOR DAILYMAIL.COM Published: 22:08 GMT, 3 December 2024 | Updated: 22:13 GMT, 3 December 2024 e-mail 22 shares View comments If they lead we will follow - right into a Walmart commercial. Gilmore Girls fans are feeling especially festive after a new advertisement for the retailer dropped, with three fan favorites reuniting. The 30-second Walmart ad begins with Sean Gunn, who played Kirk in the series, walking into Luke's diner in Stars Hollow and dropping off a branded box on the counter. Kirk leaves the diner, crossing paths with Lorelai (Lauren Graham), who walks in and asks Luke (Scott Patterson), for 'coffee, coffee, coffee, please' - a signature phrase of the show. Luke responds by telling her it's 'coming right up' before opening the box to reveal a Keurig coffee maker, exclaiming: 'You shouldn't have.' 'I had to,' he dryly replies. 'You're drinking me out of business.' The advertisement ends with the couple standing next to each other in the snow while Lorelai holds the Walmart box. Fans loved the nostalgic advertisement, many immediately clocking the wedding ring on Luke's hand. The 30-second Walmart ad begins with Sean Gunn, who played Kirk in the series, walking into Luke's diner in Stars Hollow and dropping off a branded box on the counter 'I love being a Gilmore Girls fan bc why am I crying over a 20-second Walmart ad after an eight-year drought,' one fan posted to X, formerly known as Twitter. 'Walmart really ate with that Gilmore Girls ad,' declared another. 'Walmart ads hitting me in the feels with Chad Michael Murray and the cast of Gilmore Girls,' another gushed. However, not all were charmed by the throwback. 'Gilmore Girls Walmart ad is bleak to me. Why did they use one of the sad la la songs. Why does Kirk look like Lulu just died. In what universe would Lorelai use a Keurig,' a fan ranted. 'This Gilmore Girls Walmart commercial gives me the ick and I really wish it did not,' agreed someone else. The stars spoke to People about what it was like working together again for the Walmart commercial. 'It's always a little surreal [returning to Stars Hollow], because we were back where we've been so many times,' Graham admitted. Fans were thrilled to see their favorite actors and characters back on screen (pictured is Lauren Graham as Lorelai Gilmore) Luke gifts Lorelai, who is coffee-obsessed, with a Keurig saying she's 'drinking him out of business' The advertisement ends with the couple standing next to each other in the snow with Lorelai holds the Walmart box Gilmore Girls ran for seven seasons chronicling the lives of Lorelai and Rory Gilmore, a mother and daughter with just a 17 year age difference living in a town called Stars Hollow Scott Patterson (Luke Danes) and Sean Gunn (Kirk) photos posted to Instagram, teasing 'something special' happening Most of the fans loved the nostalgic advertisement, many immediately clocking the wedding rings on Luke and Lorelai's hands Last week, the trio teased 'something special' happening on December 3, much to the delight of eager viewers. They shared a series of images to social media, including a snap of a cup of coffee at Luke's Diner, run by charmingly grumpy Luke Danes, shared by Patterson. Gunn posted a photo of the iconic gazebo and the Stars Hollow sign, to his Instagram, writing: 'Kirk's 63rd job? Find out on 12/3.' READ MORE: Gilmore Girls fans sent into a frenzy as they speculate over possible reunion Graham then also shared a picture of a snowy Stars Hollow street, writing: 'I've got something brewing,' a wink to her character, Lorelai Gilmore, and her coffee habit. Gilmore Girls premiered in 2000 on the WB, with the series finale in 2007 on The CW. It ran for seven seasons chronicling the lives of Lorelai and Rory Gilmore, a mother and daughter with just a 17-year age difference living in a town called Stars Hollow. Lorelai's relationship with her wealthy parents, played by Bishop and the late Edward Hermann, is strained at best but both sides do their best to try to get along. The star-studded cast included Melissa McCarthy, Milo Ventimiglia, Jared Padalecki, Chad Michael Murray, Adam Brody, and Kelly Bishop. A four part Gilmore Girls special aired on Netflix in 2016 and picked up nine years after the series ended. That special also ended with the cliffhanger - with Rory revealing she was pregnant in the last seconds of the limited series. Walmart also released advertisements for Crazy Rich Asians, Love Jones and SpongeBob SquarePants. Walmart Share or comment on this article: Gilmore Girls fans left in tears by sweet reunion starring Lauren Graham and Scott Patterson e-mail 22 shares Add comment