Stock market today: Wall Street hangs around its records as bitcoin briefly pops above $100,000LG Energy Solution Hosts 'Battery Innovation Contest (BIC) 2025' to Foster Breakthrough Battery Technologies
Boxing world champion Oleksandr Usyk has admitted he wears a fake Rolex he bought for £80 in Turkey - despite earning around £86million for his rematch against Tyson Fury this month. Usyk confirmed his status as the world's top heavyweight and one of the elite pound-for-pound fighters with a unanimous decision victory over Fury thanks to three scores of 116-112 in Saudi Arabia. The Ukrainian earned a lucrative payday for that fight, on top of the £30m he received for fighting Fury the first time in 2023, but he still decided to look for a bargain during a recent training camp. "I was boasting a little and showed the cameraman my watch. It's a Chinese Rolex," he revealed during an interview, via social media page Home of Fight. "I was in Turkey for training and saw guys selling Rolexes on the beach. I thought if I bought one, no one would guess that it was a fake. So I bought it for $100 (£80)." Usyk's relaxed nature to material items and cosmetics is unusual for boxers, with superstars like Floyd Mayweather often flaunting his wealth and jewellery. The 37-year-old is said to have a net worth of around £45m and has used his wealth and influence to set up the Usyk Foundation, which aims to help Ukrainian Forces and Ukrainians amid the country's conflict with Russia . His family were forced to flee from their house in Vorzel, Bucha after Russian troops invaded and he has previously spoke of how his three children feared for their lives. He said: "My children are asking: "Daddy, why do they want to kill us?" I don’t know how to answer that," he said. My family are not in Ukraine now but a lot of people I know and a lot of my close friends are inside the country. "I am in touch with them every day, I am asking them for updates. I didn’t want to leave the country. I want to live there, still. Straight after the fight I will go back to Ukraine."NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four . The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial-intelligence offerings in particular. The market’s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time, as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting. For now, the general expectation among traders is that the Fed may cut a couple more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times so far this year and is heading for one of its best years of the millennium . The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin , which set another all-time high. But its stock ended the day down by les than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies . Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. AP Business Writer Elaine Kurtenbach contributed.How to Get Followers on BlueSky: 6 Tips That Work
By STEVE LEBLANC, ERIC TUCKER and TARA COPP, Associated Press BOSTON (AP) — Two men, including a dual Iranian American citizen, have been arrested on charges that they exported sensitive technology to Iran that was used in a drone attack in Jordan that killed three American troops early this year and injured dozens of other service members, the Justice Department said Monday. The pair were arrested after FBI specialists who analyzed the drone traced the navigation system to an Iranian company operated by one of the defendants, who relied on technology funneled from the U.S. by his alleged co-conspirator, officials said. “We often cite hypothetical risk when we talk about the dangers of American technology getting into dangerous hands,” said U.S. Attorney Joshua Levy, the top federal prosecutor in Massachusetts. “Unfortunately, in this situation, we are not speculating.” The defendants were identified as Mahdi Mohammad Sadeghi, who prosecutors say works at a Massachusetts-based semiconductor company, and Mohammad Abedininajafabadi, who was arrested Monday in Italy as the Justice Department seeks his extradition to Massachusetts. Prosecutors allege that Abedininajafabadi, who also uses the surname Adedini and operates an Iranian company that manufactures navigation systems for drones, has connections to Iran’s paramilitary Revolutionary Guard. They allege that he conspired with Sadeghi to circumvent American export control laws, including through a front company in Switzerland, and procure sensitive technology into Iran. Both men are charged with export control violations, and Abedini separately faces charges of conspiring to provide material support to Iran. A lawyer for Sadeghi, a naturalized U.S. citizen who was arrested Monday in Massachusetts, did not immediately return an email seeking comment. U.S. officials blamed the January attack on the Islamic Resistance in Iraq, an umbrella group of Iran-backed militias that includes Kataib Hezbollah. Three Georgia soldiers — Sgt. William Jerome Rivers of Carrollton, Sgt. Breonna Moffett of Savannah and Sgt. Kennedy Sanders of Waycross — were killed in the Jan. 28 drone attack on a U.S. outpost in northeastern Jordan called Tower 22. In the attack, the one-way attack drone may have been mistaken for a U.S. drone that was expected to return back to the logistics base about the same time and was not shot down. Instead, it crashed into living quarters, killing the three soldiers and injuring more than 40. Tower 22 held about 350 U.S. military personnel at the time. It is strategically located between Jordan and Syria, only 10 kilometers (6 miles) from the Iraqi border, and in the months just after Hamas’ Oct. 7 attack on Israel, and Israel’s blistering response in Gaza, Iranian-backed militias intensified their attacks on U.S. military locations in the region. Following the attack, the U.S. launched a huge counterstrike against 85 sites in Iraq and Syria used by Iran’s Revolutionary Guard and Iranian-backed militia and bolstered Tower 22’s defenses. Tucker and Copp reported from Washington. Be civil. Be kind.
AP News Summary at 5:36 p.m. EST
LG Energy Solution Hosts 'Battery Innovation Contest (BIC) 2025' to Foster Breakthrough Battery TechnologiesOne of the key highlights of the Ideal L6's safety features is its innovative active safety technologies, which are designed to prevent accidents from occurring in the first place. From advanced driver assistance systems to emergency braking and lane-keeping assistance, the Ideal L6 offers a wide range of safety features that are designed to enhance driver awareness and responsiveness on the road.AMERICAN (3-4) G.Jones 2-4 1-2 6, Mayock 6-12 0-0 14, Rogers 5-10 6-8 16, Ball 0-3 0-0 0, Stephens 3-5 4-4 10, Iturbe 4-9 2-4 11, Daniels 1-4 1-2 4, Michaels 4-9 1-2 9, Nausadis 1-3 0-0 3, Samuels 0-0 0-0 0, Whittaker 0-0 0-0 0, N.Jones 0-0 0-0 0. Totals 26-59 15-22 73. COWBOYS (0-1) S.Martinez 0-2 0-0 0, Carillo 7-15 3-4 18, Hernandez 2-4 2-2 6, Moya 5-15 7-8 17, Rodriguez 1-6 7-10 9, Matos 1-6 2-2 4, Davila 1-1 0-0 2, Mendez 0-0 0-0 0, Santiago 0-2 0-0 0, C.Martinez 0-0 0-0 0. Totals 17-51 21-26 56. Halftime_American 36-26. 3-Point Goals_American 6-28 (Mayock 2-8, G.Jones 1-2, Daniels 1-3, Nausadis 1-3, Iturbe 1-6, Ball 0-1, Stephens 0-2, Rogers 0-3), Cowboys 1-9 (Carillo 1-5, Santiago 0-1, Moya 0-3). Rebounds_American 33 (Michaels 10), Cowboys 28 (Rodriguez 9). Assists_American 14 (Stephens 4), Cowboys 6 (Rodriguez 3). Total Fouls_American 22, Cowboys 18.
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As we approach the end of 2024, the full Cold Moon will shine in the middle of December, bringing a lively social energy just in time for the holiday season. Celebrity astrologer Kyle Thomas, who is known for his cosmic guidance among celebrities, businesses and online influencers, spoke to "Good Morning America" about the best ways to take advantage of this engaging full moon. But first, let's break down the meaning of the Cold Moon and what to know about this particular celestial event. When is the Cold Moon in 2024? The Cold Moon will arrive on Dec. 15, according to Thomas. Why is it called the Cold Moon? The Cold Moon gets its name because December is the month when the weather typically turns cold, according to NASA. The Old Farmer's Almanac states that some Native Americans also called the Cold Moon the Long Night Moon. The second name likely originates from the fact that the full moon in December occurs near the winter solstice, which has the longest night of the year, according to NASA. "The full moon takes a high trajectory across the sky because it is opposite to the low sun, so the moon will be above the horizon longer than at other times of the year," NASA states. What zodiac sign is the Cold Moon in December? The zodiac sign of each full moon is determined by its position in the night sky relative to the astrological signs. This year, the Cold Moon occurs as a full moon in Gemini, an air sign associated with communication, technology, and short-distance travel, according to Thomas. It encourages mental connections, particularly with those in our immediate circles -- friends, neighbors, acquaintances, and siblings. "We will be motivated to express our minds and may be in the process of launching a significant writing, speaking, advertising, digital or social media project," Thomas added. "The pace of life will also quicken rapidly." Rituals and manifestations to try during the Cold Moon Many ancient cultures, from Chinese traditions to Hebrew holidays, celebrate celestial cycles and revere the power of the moon. For instance, Thomas noted that Gemini, an air sign, makes this an ideal time to integrate communication -- whether written or spoken -- into your rituals. "This is a great moment to communicate our desires to the world -- as well as to others," he explained. "Writing down explicit statements, manifestation goals, and plans can be particularly useful. Also, as an Air sign, using smoke, sage, or incense can be excellent tools during meditation or ritual." Potential meditations, mantras or journal prompts: Astrology horoscope for the Cold Moon for your zodiac sign Speak up and speak out, Aries! "You have an important message that you'd like to broadcast to the world. This full moon could help you to launch an important writing, speaking, advertising or social media endeavor to great success. People will be listening!" Thomas said. Wealth is top of mind, Taurus. "Prosperity could soon be on its way," Thomas explained. "The full moon should bring to [ a ] culmination an important financial matter for you - perhaps in the form of a raise, new job offer or large check." Claim your spotlight, Gemini. According to Thomas, "the most important full moon of the year has arrived for you, as you reach an important turning point. Something of vital personal significance will reach [ its ] culmination at this time, perhaps giving you closure that will improve your life going forward." Relax and recharge, Cancer. "This full moon will encourage you to reset your emotional, mental and physical batteries-you've earned it! Lie low and give yourself some much-needed TLC. If you are in need of finding a specialist, therapist or healer, this lunation could also aid you in doing so." Thomas added. Get out and mingle, Leo. "You're always popular, but with this full moon highlighting your friendships, you'll be on the top of everyone's holiday list!" Thomas explained. "You'll likely attend at least one dazzling event where you're the star of the show. Circulate amongst those who you love and make time to show how much you appreciate them." Embrace your success, Virgo. According to Thomas, "A major professional victory could now be within reach. A promotion, new job offer, milestone or opportunity for public praise may present itself near this time. Previous hard work will surely be celebrated." Keep an open mind for a new adventure, Libra. "You could now be ready to soar in a breathtaking new direction-or make plans to do so in 2024!" Thomas said. "This full moon will energize you to slightly shift the narrative of your life and examine what else you'd like to learn. Some Libras will make a decision or hear news regarding an academic, travelling, immigration or media endeavor." It's time to explore your intimacy department, Scorpio. "The full moon will be helping you to get in touch with your most sensitive parts-emotionally and physically," Thomas explained. "If single, you could attract someone who knows how to complete you in every way. If taken, you'll be assessing if your authentic needs are being fulfilled by your partner." Take a closer look at your partnership, Sagittarius. "This full moon will help you to grow closer with someone in business, collaboration or love," Thomas added. "Single Sagittarians may have luck finding a perfect match, so be sure to put yourself out there. Love won't find you if you're not making an effort! Those already committed could decide it's time to make long-term plans, move in, get engaged or even be wed." Get ready to make progress, Capricorn. According to Thomas, "the full moon will make you busier than ever." "You may now be focused upon an important project for your employer that must have final approval," he said. "You could be putting everything you have into completing the task, but be sure to do so, as it could end up making you shine brighter than ever in your boss's eyes." Open your heart to love, Aquarius. "Get excited for a vibrant, romantic period to appear," Thomas added. "Single Aquarians must not let this energy go to waste, as you could find someone who is a soulmate or who lights your heart on fire." Toast to the holidays and reflect on the year, Pisces. "This full moon will bring to [ a ] culmination a domestic, family or real estate matter for you," Thomas said. "Some Pisceans could be hosting a lovely gathering at their home with their kindred. Others may be contemplating a big renovation, redecoration or move now or in the coming year."(AP): Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And her health insurance covered all but $25 to $50 of the monthly cost. For Griffin, the hardest part of using the new drugs wasn’t access. It was finding out that the much-hyped medications didn’t really work for her. “I have been on Wegovy for a year and a half and have only lost 13 pounds,” said Griffin, who watches her diet, drinks plenty of water and exercises regularly. “I’ve done everything right with no success. It’s discouraging.” In clinical trials, most participants taking Wegovy or Mounjaro to treat obesity lost an average of 15% to 22% of their body weight — up to 50 pounds or more in many cases. But roughly 10% to 15% of patients in those trials were “nonresponders” who lost less than 5% of their body weight. Now that millions of people have used the drugs, several obesity experts told The Associated Press that perhaps 20% of patients — as many as 1 in 5 — may not respond well to the medications. It’s a little-known consequence of the obesity drug boom, according to doctors who caution eager patients not to expect one-size-fits-all results. “It’s all about explaining that different people have different responses,” said Dr. Fatima Cody Stanford, an obesity expert at Massachusetts General Hospital The drugs are known as GLP-1 receptor agonists because they mimic a hormone in the body known as glucagon-like peptide 1. Genetics, hormones and variability in how the brain regulates energy can all influence weight — and a person’s response to the drugs, Stanford said. Medical conditions such as sleep apnea can prevent weight loss, as can certain common medications, such as antidepressants, steroids and contraceptives. “This is a disease that stems from the brain,” said Stanford. “The dysfunction may not be the same” from patient to patient. Despite such cautions, patients are often upset when they start getting the weekly injections but the numbers on the scale barely budge. “It can be devastating,” said Dr. Katherine Saunders, an obesity expert at Weill Cornell Medicine and co-founder of the obesity treatment company FlyteHealth. “With such high expectations, there’s so much room for disappointment.” That was the case for Griffin, who has battled obesity since childhood and hoped to shed 70 pounds using Wegovy. The drug helped reduce her appetite and lowered her risk of diabetes, but she saw little change in weight. “It’s an emotional roller coaster,” she said. “You want it to work like it does for everybody else.” The medications are typically prescribed along with eating behavior and lifestyle changes. It’s usually clear within weeks whether someone will respond to the drugs, said Dr. Jody Dushay, an endocrine specialist at Beth Israel Deaconess Medical Center. Weight loss typically begins right away and continues as the dosage increases. For some patients, that just doesn’t happen. For others, side effects such as nausea, vomiting and diarrhea force them to halt the medications, Dushay said. In such situations, patients who were counting on the new drugs to pare pounds may think they’re out of options. “I tell them: It’s not game over,” Dushay said. Trying a different version of the new class of drugs may help. Griffin, who didn’t respond well to Wegovy, has started using Zepbound, which targets an additional hormone pathway in the body. After three months of using the drug, she has lost 7 pounds. “I’m hoping it’s slow and steady,” she said. Other people respond well to older drugs, the experts said. Changing diet, exercise, sleep and stress habits can also have profound effects. Figuring out what works typically requires a doctor trained to treat obesity, Saunders noted. “Obesity is such a complex disease that really needs to be treated very comprehensively,” she said. “If what we’re prescribing doesn’t work, we always have a backup plan.”One way to facilitate the adaptation process is by providing language and cultural training to young Chinese players before they move to Europe. By equipping them with basic language skills and cultural knowledge, players will be better prepared to communicate with their teammates, coaches, and local communities, making their transition smoother and more successful. Additionally, having support systems in place, such as mentors, counselors, and translators, can also help players feel more comfortable and empowered to face the challenges of living abroad.Drones for commercial and recreational use grew rapidly in popularity despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, sports stadiums during games and certain landmarks, including the Statue of Liberty. However, not everybody follows the rules. Sightings at airports shut down flights in a few instances. Reported sightings of what appear to be drones flying over New Jersey at night in recent weeks created anxiety among some residents, in part because it is not clear who is operating them or why. Some state and local officials called for stricter rules to govern drones. Most, but not all, of the drones spotted in New Jersey appeared to be larger than those typically used by hobbyists. Officials said many of the objects seen may have been planes rather than drones. The unmanned aircraft are legal in the state for recreational and commercial use but are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. ho regulates drones? The FAA is responsible for the regulations governing their use, and Congress wrote some requirements into law. With a 2018 law, the Preventing Emerging Threats Act, Congress gave certain agencies in the Homeland Security and Justice departments authority to counter threats from unmanned aircraft to protect the safety of certain facilities. New drones must be outfitted with equipment allowing law enforcement to identify the operator, and Congress gave the agencies the power to detect and take down unmanned aircraft that they consider dangerous. The law spells out where the counter-drone measures can be used, including “national special security events” such as presidential inaugurations and other large gatherings of people. A U.S. senator called for mysterious drones spotted over the sensitive areas in New Jersey and other parts of the Mid-Atlantic region to be “shot down, if necessary.” “We should be doing some very urgent intelligence analysis and take them out of the skies, especially if they’re flying over airports or military bases,” Sen. Richard Blumenthal of Connecticut said, as concerns about the drones spread across Capitol Hill. To get a “remote pilot certificate,” you must be at least 16 years old, be proficient in English, pass an aeronautics exam and not suffer from a “mental condition that would interfere with the safe operation of a small unmanned aircraft system.” Yes, but the FAA imposes restrictions on nighttime operations. Most drones are not allowed to fly at night unless they are equipped with anti-collision lights that are visible for at least 3 miles. Over the past decade, pilots reported hundreds of close calls between drones and airplanes, including airline jets. In some cases, airplane pilots had to take evasive action to avoid collisions. Drones buzzing over a runway caused flights to be stopped at London’s Gatwick Airport during the Christmas travel rush in 2018 and again in May 2023. Police dismissed the idea of shooting down the drones, fearing that stray bullets could kill someone. Advances in drone technology made it harder for law enforcement to find rogue drone operators — bigger drones in particular have more range and power. Some state and local officials in New Jersey called for stronger restrictions because of the recent sightings, and that has the drone industry worried. Scott Shtofman, director of government affairs at the Association for Uncrewed Vehicle Systems International, said putting more limits on drones could have a “chilling effect” on “a growing economic engine for the United States.” “We would definitely oppose anything that is blindly pushing for new regulation of what are right now legal drone operations,” he said. AirSight, a company that sells software against “drone threats,” says more than 20 states enacted laws against privacy invasion by drones, including Peeping Toms. Will Austin, president of Warren County Community College in New Jersey and founder of its drone program, says it’s up to users to reduce public concern about the machines. He said operators must explain why they are flying when confronted by people worried about privacy or safety. “It’s a brand new technology that’s not really understood real well, so it will raise fear and anxiety in a lot of people,” Austin said. “We want to be good professional aviators and alleviate that.” Get local news delivered to your inbox!
NoneResearchers examine the legal and ethical aspects of AI in radiology