Authored by Nick Giambruno via InternationalMan.com, Four thousand years ago, the rulers of ancient Babylon discovered a technique to stave off violent revolts. In ancient times, people often became hopelessly indebted to their creditors. As debts mounted, social unrest would boil over, threatening the stability of the entire ruling system. The rulers of the ancient world understood this dangerous dynamic. Their solution was radical yet effective: enact widespread debt cancellation—a debt jubilee. Debt jubilees acted as societal pressure release valves when no other options remained. The practice spread throughout the ancient world and became codified in various civilizations. For instance, the Book of Leviticus formalizes debt jubilees as the conclusion of a 49-year biblical cycle—seven cycles of seven years. I believe this ancient practice is poised for a major comeback as government, corporate, and personal debt levels today have reached unsustainable heights. The social, political, and investment implications will be profound. It’s important to note that debt jubilees do not create new wealth—they simply redistribute it. Debt jubilees are government decrees that trigger massive wealth transfers, creating big winners and losers. President Biden’s plan for student loan forgiveness marks the beginning of modern debt jubilees. His student loan forgiveness plan is unprecedented. Unilateral executive action of this scale has never occurred during peacetime. Moreover, Congress, not the president, is supposed to make spending decisions of this magnitude. Even Obama’s former chief economic advisor, Jason Furman, criticized Biden’s move, calling it: “Pouring roughly half a trillion dollars of gasoline on the inflationary fire that is already burning—reckless.” Beyond the inflationary impact—which I’ll address shortly—Biden’s student loan jubilee will set a precedent that will be hard to undo. Consider how those who acted prudently feel. Many avoided student debt by choosing less expensive career paths, cutting back on spending to pay for college without borrowing, or paying off their student loans entirely. These people are probably feeling like suckers now. Not only do they receive no relief, but they also face the burden of footing the bill for those whose loans will be forgiven. I imagine these people will be angry and probably have considerable car, mortgage, and credit card debt, as many Americans do. So they will want debt relief, too... and I bet they will get it. Amid rising prices, consumer debt is skyrocketing. It is at an all-time high of nearly $18 trillion, as seen in the chart below. With interest rates rising recently, the cost of servicing this record debt is becoming unbearable for many. As Americans hit their financial breaking points, I believe debt forgiveness demands will only grow louder—extending far beyond student loans. All it takes is a President’s pen stroke to wipe out hundreds of billions in debt. The student loan jubilee will set a powerful precedent. I don’t think it will be long before we see a credit card jubilee, a car loan jubilee, or even a mortgage jubilee. How will the government pay for all these jubilees? Raising taxes enough to cover them seems improbable. Issuing more debt to cancel other debts would be contradictory. That leaves money printing as the only viable option. This is why future debt jubilees will pour “gasoline on the inflationary fire that is already burning.” But it’s not just consumer debt that’s unsustainable. The biggest problem is the US government’s federal debt—a much larger issue looming on the horizon. The US federal government has the largest debt in the history of the world—and it’s growing at a rapid, unstoppable pace. In short, the US government is fast approaching its financial endgame. Here’s why... Today, the US federal debt has gone parabolic, amounting to over $36 trillion. To put it in perspective, if you earned $1 per second 24/7/365—about $31 million per year—it would take over 1,148,531 years to pay off the US federal debt. And that assumes the debt stops growing, which it won’t. The growth rate is not even going to slow down. It’s going to increase exponentially. The truth is, the debt will keep piling up unless Congress makes some politically impossible decisions to cut spending. For example, tens of millions of Baby Boomers—about 22% of the population—will enter retirement in the coming years. Cutting Social Security and Medicare is a sure way to lose an election. With the most precarious geopolitical situation since World War 2, defense spending is unlikely to be cut. Instead, defense spending is all but certain to increase. Former Secretary of Defense Robert Gates recently said: “Barely staying even with inflation or worse is wholly inadequate. Significant additional resources for defense are necessary and urgent.” In short, efforts to reduce expenditures will be meaningless unless it becomes politically acceptable to make chainsaw-like cuts to entitlements, national defense, and welfare while reducing the national debt to lower the interest cost. In other words, the US would need a leader who—at a minimum—returns the federal government to a limited Constitutional Republic, closes the 128 military bases abroad, ends entitlements, kills the welfare state, and repays a large portion of the national debt. However, that’s a completely unrealistic fantasy. It would be foolish to bet on that happening. In short, the US government is trapped. It’s game over. They have no choice but to “reset” the system—that’s what governments do when they are trapped. Nobody knows for sure. But I’d bet a debt jubilee of biblical proportions will be a major part of it. So then, how will the US government repudiate its impossible federal debt burden? My guess is that they won’t be explicit. That would look too much like a default. It would destroy the role of the US as the center of the world’s financial system. Given a choice, I don’t think the US government would choose immediate self-destruction. Since power does not relinquish itself voluntarily, we should presume they’ll decide to stealthily implement their federal debt jubilee through inflation. Inflation benefits debtors, allowing them to borrow in dollars and repay in dimes. And since the US government is the biggest debtor in the history of the world, it stands to gain the most from inflation. That’s why I believe the federal debt jubilee will come in the form of a massive wave of inflation. The coming debt jubilees could wipe out trillions in liabilities while unleashing previously unimaginable inflation. That could trigger the largest wealth transfer in history . Remember, debt doesn’t exist within a vacuum. It’s a liability for the borrower and an asset for the lender. Those storing wealth in government currencies, bonds, and other paper assets will be the biggest losers. Debtors and owners of scarce, unencumbered, hard assets will be the big winners. It’s certainly not a just outcome. Prudent savers shouldn’t have to pay for the excesses of debtors. But notions of what is just or not didn’t stop Biden’s student loan jubilee—and they won’t stop the coming jubilees. Although it will be an unfortunate outcome for many people, there is simply nothing anyone can do now. The debt levels have already reached a critical point, and the government may soon see jubilees as a politically expedient option. That’s why it’s crucial to recognize the reality of this Big Picture and position yourself accordingly. That means owning scarce and valuable assets that are not simultaneously someone else’s liability. Crucially, this excludes fiat currency in bank accounts. Remember, fiat currency is the unbacked liability of a bankrupt government. Further, once you deposit currency into a bank, it is no longer yours. Technically and legally, it is the bank’s property, and what you own instead is an unsecured liability of the bank. In an era of jubilees in which debts are wiped clean, you won’t want to be on the other end of unsecured liabilities or IOUs of any kind. I believe this “reset” could happen soon—and it won’t be pretty for many. Most people have no idea how bad things could get—or how to prepare. That’s why I’ve published a detailed guide called The Most Dangerous Economic Crisis in 100 Years: The Top 3 Strategies You Need Right Now. Click here to download the free PDF.Tech companies led a broad rally for U.S. stocks Tuesday, a boost for the market in a holiday-shortened trading session. The S&P 500 rose 0.7%. The Dow Jones Industrial Average was up 177 points, or 0.4%, as of 11:20 a.m. Eastern time. The tech-heavy Nasdaq composite was up 1%. Chip company Broadcom rose 2.6%, while semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 1.1%. Super Micro Computer jumped 4.6%. Tesla climbed 5.2% for the biggest gain among S&P 500 stocks. Amazon.com rose 1.5% American Airlines slipped 0.4% after the airline briefly grounded flights nationwide due to a technical issue. U.S. Steel edged up 0.1% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. NeueHealth surged 70.1% after the health care company agreed to be taken private in a deal valued at roughly $1.3 billion. Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.62% from 4.59% late Monday. European markets were mostly higher. Markets in Asia mostly gained ground. U.S. markets will close at 1 p.m. Eastern and stay closed Wednesday for Christmas. Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday. Tuesday’s rally comes as the stock market enters what’s historically been a very cheerful season. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. The so-called “Santa rally” also correlates closely with positive returns in January and the upcoming year. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the stock market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up about 26% so far this year and remains within roughly 1.3% of the all-time high it set earlier this month — its latest of 57 record highs this year.
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President Javier Milei’s government is evaluating the future of an iconic building in the centre of Buenos Aires that formerly housed government ministries and has a 31-metre-high artwork featuring Peronist icon Eva ‘Evita’ Perón. In a recent interview, Cabinet Chief Guillermo Francos said that the so-called ‘Edificio MOP,’ or Public Works Ministry building – an enormous tower in the middle of the 9 de Julio Avenue – could be demolished entirely, removing one of Buenos Aires’ most iconic images from the City skyline. He put its potential destruction down to the building’s elevated "costs of functioning ... since it is not in good condition." Francos said the decision would be taken by Human Capital Sandra Pettovello, who he said is “analysing all her Ministry’s infrastructure” and whether “the building is needed or not.” "It’s a building which is not only in bad condition but which also hampers traffic in a central thoroughfare of the City," pointed out the official. Pettovello’s portfolio was founded by President Javier Milei last December upon taking office. Nicknamed a ‘super-ministry’ due to the amount of other departments it assumed control of, the building falls under the Human Capital Ministry’s remit. The MOP building most recently housed the former Social Development Ministry, which Pettovello absorbed into her portfolio. The building has already been subjected to an identical debate – during the 1989-1999 Carlos Menem presidency – but has remained functioning. In 2011 Kirchnerism added enormous iron portraits of Eva Perón to its northern and southern facades, with one extending more than 30 metres. For now, the decision technically depends on Pettovello, but government sources expect an issue of this magnitude will be decided by President Javier Milei and his sister, Presidential Chief-of-Staff Karina Milei. Francos himself observed that the idea "is not new" since that idea has been around for "decades," through successive administrations. "The demolition of the building, which is in the middle of [Avenida] 9 de Julio, is nothing new. We’ve heard talk about it for decades. I remember when I was a City councillor in the 1990s, it was an issue always under discussion," recalled Francos. The well-known MOP building, designed in rationalist style, was inaugurated in 1936 as the headquarters of the then-Public Works Ministry. At the time, it was the first and only skyscraper to be constructed on Avenida 9 de Julio, the capital’s main throughfare. Its style and privileged view converted the sport into an iconic part of the City landscape, although its location in the Monserrat neighbourhood interrupts the traffic flow. An antenna was installed which permitted the country’s first television transmission in 1951. On August 22 of the same year, on a platform raised next to this building, Eva Perón confirmed her vice-presidential candidacy to a crowd, though she would renounce it just a week after for different motives, among them illness. She would die on July 26 the following year Four years later the Public Works Ministry was the victim of bombing at the same time as the Plaza de Mayo. In 1991 the building was transferred to the Health Ministry. Four years later, then-President Menem proposed the demolition of the building, considering it a hindrance for traffic. But in 2002 it was declared a National Historic Monument. Eight years later, its façade and terraces were restored, maintaining its style, similar to that of the Kavanagh building and the Gran Rex cinema. The potential demolition of the building is part of a cultural battle being undertaken by the Milei administration, which is seeking to strip out tributes and references to Peronist leaders at government buildings. The Human Capital Ministry is advancing in a "process of reordering its public spaces," said Pettovello recently, referring to the removal of posters, photos and images of Eva Perón at state offices. "Public buildings belong to all Argentines," affirmed the minister, who last Saturday shared a video on social media showing her removing such items. The portfolio issued a communiqué detailing that "the Human Capital Ministry has initiated a process of reordering its public spaces with the objective of guaranteeing partisan neutrality and avoiding political propaganda out of respect for the diversity of thinking." Milei’s government recently renamed the Centro Cultural Kirchner, rebranding it as the Palacio de Libertad – using one of the three words that make up the President’s party, La Libertad Avanza. – TIMES/PERFIL Ads Space Ads Space
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After last week’s chaotic Carabao Cup quarter-final exit at Tottenham was compounded by an Old Trafford humbling at the hands of Bournemouth, things went further awry as they fell to a third straight loss. United captain Bruno Fernandes’s red card for a second booking changed the dynamics of the match shortly after half-time, with Matheus Cunha scoring direct from a corner at a rocking Molineux. Wolves’ star man teed up substitute Hwang Hee-chan to wrap up a 2-0 win deep in stoppage time as Amorim’s 10th match in charge ended in a fifth defeat, leaving them 14th in the Premier League table. “The idea needs time,” United’s head coach said. “I said it before to you guys that this will be a tough moment and we are far from the end of this moment and that’s it. “We have to continue and focus on the next game.” Asked how long he thinks it will take to make his mark, Amorim said: “I have no idea. No idea. Instead of me trying to understand how much time it will take, just day by day. “Improving, trying to see the videos, using every minute of training and try to win some points because it’s really important in this moment.” United are closer in points to the drop zone than the Champions League places heading into their final match of a topsy-turvy 2024 at home to in-form Newcastle. “In this moment, we just have to survive and to win some time to work on the team,” Amorim said. “We already knew it. I start this job and you start with the team, a new idea, without any time to train, with a lot of games, tough games. “We already knew it, so it’s a long journey, like I said in the first day. We have to continue, and we have to fight these bad moments because this is part of football.” Put to Amorim that he cannot think of European qualification right now, he said: “No, no, no, no. “We have to work on a lot of things in our club – inside the pitch, outside the pitch – so let’s focus on each game, each time and use every minute of training and game to improve the team.” As United nurse their wounds, Wolves head to Tottenham on Sunday looking to continue their perfect start to life under Pereira as Gary O’Neil’s successor followed up an impressive 3-0 win at Leicester in style. "We need his quality!" Wolves boss Vítor Pereira is determined to keep Matheus Cunha at the club 🔒👀 #PLonPrime #WOLMUN pic.twitter.com/3KyZSQ1V9x — Amazon Prime Video Sport (@primevideosport) December 26, 2024 “Fantastic feeling,” the Portuguese said after his first home match in charge. “Special because of the spirit of the team. “Now I think we can see that the players are ready to suffer together. They are ready to run, to fight, to compete for each ball. “I feel that they have confidence to play and to win the duels to and this is most the most important for me.” Pereira’s name echoed around Molineux after a win in which Cunha was the star man, with the forward’s goal direct from a corner a key moment in the triumph. United also conceded in that manner at Spurs last Thursday, when back-up goalkeeper Altay Bayindir rather than Andre Onana was between the sticks. Asked if he looked at the video of that, Pereira said: “Of course we analyse every match. “We try to, I think all the staffs, try to understand the movements or the spaces that we can explore, and we try to not allow them to do it against us. This is football. Sometimes happens, other times not.”
This ain't Texas—this is buffering. As Beyoncé gets ready to perform during the Houston Texans vs. Baltimore Ravens Christmas Day halftime show at NRG Stadium in her hometown of Houston, she couldn't help but poke a bit of fun at Netflix , who will be live-streaming the game on their platform. In a video posted to her social media accounts Dec. 24 , the Grammy winner could be seen sitting on a football field wearing a flowing cape, big hat and sunglasses and strumming a banjo to the tune of her hit "Texas Hold 'Em." As Beyoncé removes her sunglasses, the camera zooms in on her face before giving viewers the classic Netflix red circle buffer. The "Diva" singer—who shares children Blue Ivy Carter , 12, and twins Rumi Carter and Sir Carter , 7, with husband Jay-Z —can then be heard laughing over the buffer, before the video cuts to a reminder about the game. "I'm sending you big joy and love on this Cowboy Christmas Eve," the 43-year-old wrote alongside the promo. "I'll see y'all tomorrow, in my city HTX." And of course fans were delighted by the trolling, with Netflix even jumping in to share their own thoughts. "now hold on...," they wrote in the comments of her video on X , formerly Twitter, before changing their bio on the platform to, "roasted by beyoncé 12.24.25." Beyoncé's halftime performance marks the first time she's taken the stage since wrapping her Renaissance World Tour in October 2023, and also the first since the March release of her latest album, Cowboy Carter . And while the Texans-Ravens game will start streaming on Netflix at 4:30 p.m. ET, fans will still have three hours to catch her performance on the platform after the game ends, according to Variety . (Although if you're outside the United States, the game expires 24 hours after the stream ends.) But it's not all about football for Beyoncé, as mom Tina Knowles recently shared a few of the family's holiday traditions that they'll be enjoying this year. "For the kids, we buy toys just like in any other family," she told E! News . "That's what they like." And it's not just gifts they'll be enjoying, as Tina has another recipe for success up her sleeve, noting she'll be, "making my amazing gumbo." "I just made it for Thanksgiving," she added, "it was so many people that came over. Just good food and company and family." To see how more of your favorite stars are celebrating the holidays this year, keep reading. Christian Siriano The fashion designer attends David Barton and Susanne Bartsch ’s 25th annual toy drive at Gym U in New York City. Bronwyn Newport, Angie Katsanevas, Mary Cosby & Whitney Rose The Real Housewives of Salt Lake City costars escape the Utah snow to party at DIRECTV’s Christmas at Kathy’s bash in Beverly Hills. Larsa Pippen & Marysol Patton The Real Housewives of Miami costars rock Printfresh pajamas for Marysol's Recharge & Reset holiday pajama party. Kourtney Kardashian The Poosh founder gave fans a glimpse at her holiday decor, which included numerous Christmas trees all around her home, with one upside down. Kris Jenner The Kardashians star is definitely the most interesting to look at while attending Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party Benefitting Animal Haven and Camp Cocker Rescue in L.A. Cynthia Bailey & Crystal Kung Minkoff The Real Housewives stars co-host The Abbey’s 15th Annual Tree Lighting Ceremony in honor of World AIDS Day benefiting The Elizabeth Taylor AIDS Foundation in West Hollywood. Kathy Hilton and Nicky Hilton The mother-daughter duo host the hottest holiday party in the 90210. Tarek El Moussa & Heather Rae El Moussa The lovebirds attend DIRECTV’s Christmas at Kathy’s party benefitting Ronald McDonald House charities. Heather Dubrow The Real Housewives of Orange County star swapped Prada for pajamas during Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party. Cynthia Bailey The Bravolebrity is pretty in pink at Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party. Lisa Barlow & Kathy Hilton The Real Housewives stars belt out a number at Kathy's DIRECTV bash in Beverly Hills. Dylan Mulvaney & Ashley Park The influencer and Emily and Paris star ring in the holidays in the comfiest way possible. Crystal Kung Minkoff The RHOBH alum attends BFF Kathy Hilton's holiday PJ party. John Janssen & Alexis Bellino The RHOC couple enjoy date night at DIRECTV’s Christmas at Kathy’s charity party. Kimora Lee Simmons The supermodel looks runway ready at Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party in L.A. Jennifer Tilly The RHOBH castmember is feeling festive at Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party. Nicky Hilton The entrepreneur kicks of the holiday season hosting a party alongside mom Kathy. Kathy Hilton The Real Housewives star is definitely feeling hunky dory this holiday season. Dorit Kemsley The RHOBH star strikes a pose in front of Kathy Hilton's Christmas tree. Kyle Richards & Faye Resnick The besties ring in the 2024 holiday season today at Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party. Erika Jayne The "Pretty Mess" singer has her hands full with some enviable stocking stuffers. Paula Abdul The "Straight Up" singer is comfy and cozy during Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party. Ashley Benson The actress stops by Kathy & Nicky Hilton's Annual Holiday Printfresh Pajama Launch Party. Jaime King The actress models a Kathy Hilton original.'Mass methanol poisoning' which killed British lawyer and five others in Laos could claim MORE lives as 11 backpackers remain in hospital after drinking lethal shotsPep Guardiola: It’s my responsibility to solve Manchester City’s poor run
Rarely does a college basketball game provide such stark contrast between the sport's haves and have-nots as when Jackson State faces No. 9 Kentucky on Friday in Lexington, Ky. While Kentucky claims eight NCAA Tournament crowns and the most wins in college basketball history, Jackson State has never won an NCAA Tournament game and enters the matchup looking for its first win of the season. Impressive tradition and current record aside, Kentucky (4-0) returned no scholarship players from last season's team that was knocked off by Oakland in the NCAA Tournament. New coach Mark Pope and his essentially all-new Wildcats are off to a promising start. Through four games, Kentucky is averaging 94.3 points per game, and with 11.5 3-pointers made per game, the team is on pace to set a school record from long distance. The Wildcats boast six double-figure scorers with transfer guards Otega Oweh (from Oklahoma, 15.0 ppg) and Koby Brea (from Dayton, 14.5 ppg) leading the team. The Wildcats defeated Duke 77-72 on Nov. 12 but showed few signs of an emotional letdown in Tuesday's 97-68 win over a Lipscomb team picked to win the Atlantic Sun Conference in the preseason. Kentucky drained a dozen 3-pointers while outrebounding their visitors 43-28. Guard Jaxson Robinson, held to a single point by Duke, dropped 20 points to lead the Kentucky attack. Afterward, Pope praised his team's focus, saying, "The last game was over and it was kind of on to, ‘How do we get better?' That's the only thing we talk about." Lipscomb coach Lennie Acuff also delivered a ringing endorsement, calling Kentucky "the best offensive Power Four team we've played in my six years at Lipscomb." Jackson State (0-5) and third-year coach Mo Williams are looking for something positive to build upon. Not only are the Tigers winless, but they have lost each game by nine or more points. Sophomore guard Jayme Mitchell Jr. (13.8 ppg) is the leading scorer, but the team shoots just 35.8 percent while allowing opponents to shoot 52.3 percent. The Tigers played on Wednesday at Western Kentucky, where they lost 79-62. Reserve Tamarion Hoover had a breakout game with 18 points to lead Jackson State, but the host Hilltoppers canned 14 3-point shots and outrebounded the Tigers 42-35 to grab the win. Earlier, Williams, who played against Kentucky while a student at Alabama, admitted the difficulties of a challenging nonconference schedule for his team. "Our goal is not to win 13 nonconference games," Williams said. "We're already at a disadvantage in that regard. We use these games to get us ready for conference play and for March Madness." Jackson State has not made the NCAA Tournament since 2007. The Tigers had a perfect regular-season record (11-0) in the Southwestern Athletic Conference in 2020-21 but lost in the league tournament. Kentucky has never played Jackson State before, but the game is being billed as part of a Unity Series of matchups in which Kentucky hosts members of the SWAC to raise awareness of Historical Black Colleges and Universities and provide funds for those schools. Past Unity Series opponents have been Southern in December 2021 and Florida A&M in December 2022. --Field Level MediaNEW YORK — I’ll get you, my pretty! And your little pygmy hippo, too! Forgive us the shameless attempt to link the fantasy hit “Wicked” to the delightful Moo Deng . But, hear us out — there’s something the two have in common as the year draws to a close. Escapism. Whether we found it on the yellow brick road, or in videos from a Thailand zoo, or perhaps in unlikely Olympic heroes , we gravitated toward fantasy and feel-good pop culture moments this year. There were new trends, as always. “Brat summer” became a thing, as did “demure, mindful.” And for some inexplicable reason, we became obsessed with celebrity lookalike contests. There were breakups — Bennifer is, again, a thing of the past — and reunions: Oasis, please try to stay together for the tour. Yet some things stayed, remarkably, the same: Taylor Swift and Beyoncé kept on breaking records and making history. So, after a year where much changed but some things held steady, here’s our annual, very selective trip down pop culture memory lane: Lily Gladstone poses in the press room Jan. 7 with the award for best performance by an actress in a motion picture, drama for "Killers of the Flower Moon" at the 81st Golden Globe Awards at the Beverly Hilton in Beverly Hills, Calif. January It starts as a cheery tweet from a beloved “Sesame Street” figure: “ ELMO is just checking in! How is everybody doing?” The answers hint at something deeper and more worrisome. “Not great, Elmo. Not great,” says one milder reply. Doing much better is the viral phenomenon called “BARBENHEIMER,” which makes its awards season debut at the GOLDEN GLOBES . But perhaps the most poignant moment comes from neither film: LILY GLADSTONE , first Indigenous winner of best actress in a drama for “Killers of the Flower Moon,” begins her remarks in the language of her tribe, Blackfeet Nation. Kansas City Chiefs tight end Travis Kelce (87) kisses Taylor Swift on Feb. 11 after the Kansas City Chiefs defeated the San Francisco 49ers in overtime during the NFL Super Bowl 58 football game in Las Vegas. February Valentine’s Day — a perfect time to settle into a sweet love saga via TikTok. Only that’s not quite what we get with “Who TF Did I Marry?,” REESA TEESA ’s depressing, fascinating, 50-part account of her disastrous marriage with a man who lied about absolutely everything. Meanwhile, if you're looking for a single week that encapsulates peak SWIFT cultural dominance , try this: she begins with the Grammys in Los Angeles (becoming the first artist to win album of the year four times AND announcing a new album), then heads to Tokyo for four tour dates, then jets back just in time for the Super Bowl in Las Vegas — where she shares a passionate smooch with boyfriend TRAVIS KELCE on the field of victory. Ryan Gosling performs the song "I'm Just Ken" from the movie "Barbie" on March 10 during the Oscars at the Dolby Theatre in Los Angeles. March “What was I made for?” BILLIE EILISH sings at the OSCARS, channeling BARBIE . And what was KEN made for? Not entirely clear — but it's clear RYAN GOSLING was made to play him. His singalong version of “I’m Just Ken” is one of the most entertaining Oscar musical moments in years. Still, Christopher Nolan's “OPPENHEIMER” prevails, a rare case of the top prize going to a blockbuster studio film. Will it happen again in 2025? CYNTHIA ERIVO and ARIANA GRANDE sure hope so; as presenters, they make a sly reference to their upcoming juggernaut, “WICKED.” Speaking of marketing, people are obsessed with that bizarre “DUNE” popcorn bucket. Beyonce And BEYONCÉ carves her space in country music with “Act II: Cowboy Carter,” which will make her the first Black woman to top the Billboard country chart. Taylor Swift performs June 21 at Wembley Stadium in London as part of her Eras Tour. April Tennis, anyone? The game’s been around for centuries, but it’s having a cultural moment right now, helped mightily by “CHALLENGERS,” the sweaty romance triangle starring ZENDAYA, MIKE FAIST and JOSH O'CONNOR (40-love? More like 40-sex.) Elsewhere, a new era dawns: At midnight, SWIFT drops “THE TORTURED POETS DEPARTMENT," then drops another 15 songs two hours later. The fascinating and disturbing “BABY REINDEER,” the story of a struggling comedian’s extended encounter with a stalker, debuts on Netflix. Ben Affleck, left, and Jennifer Lopez arrive Feb. 13 at the premiere of "This Is Me ... Now: A Love Story" at the Dolby Theatre in Los Angeles. May It’s MET GALA time — or as it's known in 2024, another early marketing moment for “WICKED.” ERIVO and GRANDE make fashion waves on the carpet and then musical ones at dinner, with a soulful performance of “When You Believe.” If the “Wicked” tour is in full force, another one stops in its tracks: JENNIFER LOPEZ cancels her summer tour amid reports of both poor ticket sales and trouble in her marriage to BEN AFFLECK . It’s been an eventful year for J.Lo, who's released an album and movie called “THIS IS ME ... NOW" — both reflections on her renewed love with Affleck. June Welcome to BRAT SUMMER ! CHARLI XCX releases her hit “Brat” album , with its lime green cover, and launches a thousand memes. Collins Dictionary defines “brat,” its word of the year, as “characterized by a confident, independent, and hedonistic attitude.” At the celeb-heavy SWIFT shows in London, we see PRINCE WILLIAM shaking it off, which is either charming or cringe, you decide. Even better: KELCE dons a top hat and tux and performs for one night. At another stadium across the pond, METS infielder JOSE IGLESIAS delights the crowd with his cheery number “OMG.” Stephen Nedoroscik is introduced June 29 at the United States Gymnastics Olympic Trials in Minneapolis. July Bonjour, it’s OLYMPICS time! In Paris! An audacious opening ceremony along the Seine is punctuated by a fabulous CELINE DION , perched on the EIFFEL TOWER , singing her heart out — in the rain, too. Controversy swirls over a scene critics feel mocks Leonardo da Vinci’s “The Last Supper” (organizers say it does not). Olympic stars are born — including French swimming superstar LEON MARCHAND , rugby player ILONA MAHER , and bespectacled “Pommel Horse Guy” gymnast STEPHEN NEDOROSCIK , who nets two bronze medals and comparisons to Clark Kent. Baby pigmy hippo Moo Deng plays with a zookeeper Sept. 19 in the Khao Kheow Open Zoo in Chonburi province, Thailand. Also capturing hearts: yep, MOO DENG , born this month. Her name means “bouncy pork.” Australia's Rachael Gunn, known as B-Girl Raygun, competes Aug. 9 during the Round Robin Battle at the breaking competition at La Concorde Urban Park at the 2024 Summer Olympics in Paris, France. August This is them ... now: BENNIFER is no more. After two decades, two engagements and two weddings, J.Lo files for divorce. One union dissolves, another returns: OASIS announces a reunion tour. Everyone seems to want to get in on TikToker JOOLS LEBRON 's “ DEMURE, MINDFUL ” act — even the WHITE HOUSE press team. Back at the Olympics, in the new sport of breaking, we meet Australia’s RAYGUN , arguably neither demure nor mindful with her “kangaroo” move. Los Angeles Dodgers' Shohei Ohtani brings his dog Decoy to the mound Aug. 28 before Decoy delivered the ceremonial first pitch prior to a baseball game between the Dodgers and the Baltimore Orioles in Los Angeles. Cute animal alert: SHOHEI OHTANI ’s perky pooch DECOY does a great “first pitch” in his Major League Baseball debut. Chappell Roan performs "Good Luck, Babe" on Sept. 11 during the MTV Video Music Awards at UBS Arena in Elmont, N.Y. September One of the year’s biggest breakout artists, CHAPPELL ROAN , withdraws from a music festival after speaking out about frightening fan interactions. And more on the price of fame: In an excruciating moment, “Bachelorette” JENN TRAN , the franchise’s first Asian American lead, is forced to sit through a painful viewing of her proposal to her chosen suitor, after tearfully explaining how he’d later dumped her over the phone. Tran is keeping busy though — she’s announced as part of the new “Dancing with the Stars” lineup. Also on the list: rugby player Maher, and Pommel Horse Guy! Also, ANNA SOROKIN , dancing with an ankle monitor. Online fandom, meanwhile, is shaken when X is temporarily suspended in Brazil and celebrity stan accounts post tearful farewells, revealing to many across the globe that their favorite accounts are run by Brazilians. Miles Mitchell, 21, wins of the Timothee Chalamet lookalike contest Oct. 27 near Washington Square Park in New York. October “Dune” Chalamets! “Wonka” Chalamets! Thousands gather in Manhattan for a TIMOTHÉE CHALAMET lookalike contest, and things really get interesting when Chalamet himself shows up. He doesn’t enter the contest, though, and with his mustache, he may not even have won. The trend continues with contests for JEREMY ALLEN WHITE, ZAYN MALIK and — in a very Washington version — Kennedy scion JACK SCHLOSSBERG , who's been gathering a following with some interesting social media posts. New York Liberty Kennedy Burke dances with the mascot, Ellie the Elephant, during an Oct. 24 ceremony after a parade in honor of the Liberty's WNBA basketball championship at City Hall in New York. Turning to basketball, who’s that dancing with USHER ? Why it’s ELLIE THE ELEPHANT , the now-viral NEW YORK LIBERTY mascot. Democratic presidential nominee Vice President Kamala Harris, right, appears Nov. 2 with Maya Rudolph on NBC's "Saturday Night Live" in New York. November MAYA RUDOLPH does a pretty good KAMALA HARRIS laugh on “Saturday Night Live,” but you know who does it better? HARRIS herself. The Democratic candidate makes a surprise cameo three days before the U.S. presidential election, following in the footsteps of HILLARY CLINTON , SARAH PALIN and others. Elsewhere in television, Bravo announces that “VANDERPUMP RULES,” the Emmy-nominated reality show that has lived through countless scandals, is entirely recasting its 12th season — apart from namesake LISA VANDERPUMP . As for MOO DENG , she doesn't have her own TV series yet, but our favorite pygmy hippo is generating plenty of merch . And THAT brings us back to ... Ariana Grande, left, and Cynthia Erivo pose for photographers Nov. 11 prior to the premiere of "Wicked" at Auditorio Nacional in Mexico City. December “WICKED” ! Director JON M. CHU ’s emerald-hued fantasy remains very very popular, to quote one of its buzzy show tunes, dancing through life and defying gravity at the multiplex. Moviegoers also come for “GLADIATOR II” and, in a veritable tidal wave, Disney's “MOANA 2,” which beckons us back to the seas of Oceania. Once again, 2024 seems to be telling us: Give people some whimsy, a place to escape, maybe some catchy tunes — and no one knows how far they’ll go. The stories and images that defined 2024. Searching for something? From queries about U.S. politics to cricket in India, Wikipedia has become a source of information for millions of people across the globe. From the Paris Olympics to the Super Bowl. From Simone Biles to Shohei Ohtani. And, of course, Travis Kelce and Taylor Swift. These are the sp... AP photographers assembled a visual catalog of our civilization as life in 2024 hurtled directly at us at every speed and in every imaginable ... In 2024, photographers captured glimpses of humanity, ranging from a deeply divisive presidential election, to hurricanes and fires that ravag... Associated Press photographers captured voters with raw emotions of joy, excitement, contemplation or sorrow. See entertainment's biggest moments in 2024, through the lens of Associated Press photographers. It beat five other finalists: demure, slop, dynamic pricing, romantasy and lore. News anchors, politicians and other public figures in the U.S. struggled with these words the most this year. Is it any surprise Merriam-Webster's word of the year is "polarization"? Here are the other words that rounded out the top 10 for 2024. Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Stay up-to-date on what's happening Receive the latest in local entertainment news in your inbox weekly!
NEW YORK (AP) — Donald Trump used his image as a successful New York businessman to become a celebrity, a reality television star and eventually the president. Now he will get to revel in one of the most visible symbols of success in the city when he rings the opening bell of the New York Stock Exchange on Thursday as he's also named Time Magazine's Person of the Year. Trump is expected to be on Wall Street to mark the ceremonial start of the day's trading, according to four people with knowledge of his plans. He will also be announced Thursday as Time's 2024 Person of the Year , according to a person familiar with the selection. The people who confirmed the stock exchange appearance and Time award were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity. It will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who at times has treated the stock market as a measure of public approval and has long-prized signifiers of his success in New York's business world and his appearances on the covers of magazines — especially Time. Trump was named the magazine's Person of the Year in 2016, when he was first elected to the White House. He had already been listed as a finalist for this year's award alongside Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Time declined to confirm the selection ahead of Thursday morning's announcement. “Time does not comment on its annual choice for Person of the Year prior to publication,” a spokesperson for the magazine said Wednesday. The ringing of the bell is a powerful symbol of U.S. capitalism — and a good New York photo opportunity at that. Despite his decades as a New York businessman, Trump has never done it before. It was unclear whether Trump, a Republican, would meet with New York's embattled mayor, Democrat Eric Adams , who has warmed to Trump and has not ruled out changing his political party. Adams has been charged with federal corruption crimes and accused of selling influence to foreign nationals; he has denied wrongdoing. Trump himself was once a symbol of New York, but he gave up living full-time in his namesake Trump Tower in Manhattan and moved to Florida after leaving the White House. CNN first reported Wednesday Trump’s visit to the stock exchange and Politico reported that Trump was expected to be unveiled as Time's Person of the Year. The stock exchange regularly invites celebrities and business leaders to participate in the ceremonial opening and closing of trading. During Trump’s first term, his wife, Melania Trump, rang the bell to promote her “Be Best” initiative on children’s well-being. Last year, Time CEO Jessica Sibley rang the opening bell to unveil the magazine's 2023 Person of the Year: Taylor Swift . After the Nov. 5 election, the S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks. The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winning and losing industries underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Trump has long courted the business community based on his own status as a wealthy real estate developer who gained additional fame as the star of the TV show “The Apprentice” in which competitors tried to impress him with their business skills. He won the election in part by tapping into Americans' deep anxieties about an economy that seemed unable to meet the needs of the middle class. The larger business community has applauded his promises to reduce corporate taxes and cut regulations. But there are also concerns about his stated plans to impose broad tariffs and possibly target companies that he sees as not aligning with his own political interests. Trump spends the bulk of his time at his Florida home but was in New York for weeks this spring during his hush money trial there. He was convicted, but his lawyers are pushing for the case to be thrown out in light of his election. While he spent hours in a Manhattan courthouse every day during his criminal trial, Trump took his presidential campaign to the streets of the heavily Democratic city, holding a rally in the Bronx and popping up at settings for working-class New Yorkers: a bodega, a construction site and a firehouse. Trump returned to the city in September to meet with Ukrainian President Volodymyr Zelenskyy at his Manhattan tower and again in the final stretch of the presidential campaign when he held a rally at Madison Square Garden that drew immediate blowback as speakers made rude and racist insults and incendiary remarks . At the stock exchange, the ringing of the bell has been a tradition since the 1800s. The first guest to do it was a 10-year-old boy named Leonard Ross, in 1956, who won a quiz show answering questions about the stock market. Many times, companies listing on the exchange would ring the bell at 9:30 a.m. to commemorate their initial offerings as trading began. But the appearances have become an important marker of culture and politics -- something that Trump hopes to seize as he’s promised historic levels of economic growth. The anti-apartheid advocate and South African President Nelson Mandela rang the bell, as has Hollywood star Sylvester Stallone with his castmates from the film “The Expendables.” So, too, have the actors Robert Downey Jr. and Jeremy Renner for an “Avengers” movie and the Olympians Michael Phelps and Natalie Coughlin. In 1985, Ronald Reagan became the first sitting U.S. president to ring the bell. “With tax reform and budget control, our economy will be free to expand to its full potential, driving the bears back into permanent hibernation,” Reagan said at the time. “We’re going to turn the bull loose.” The crowd of traders on the floor chanted, “Ronnie! Ronnie! Ronnie!” The Dow Jones Industrial Average climbed in 1985 and 1986, but it suffered a decline in October 1987 in an event known as “Black Monday.” Long reported from Washington. Associated Press writer Josh Boak in Washington contributed to this report.One lucky winner could take home game's seventh billion-dollar prize during Christmas Eve drawing New Jackpot.com customers can claim a free Mega Millions ticket on their first play with promo code XMAS SAN FRANCISCO , Dec. 24, 2024 /PRNewswire/ -- With Christmas Day just hours away, lottery players across the country are preparing for an extraordinary opportunity to take home Mega Millions' seventh-largest Jackpot as a winner has not won the grand prize in the last 29 drawings, dating back to September 10th when a Texas resident took home $810 million . 2024 has already been a record-breaking year for the lottery as it hit the ground running with a massive $842.4 million Powerball win on New Year's Day. Shortly after, a second lucky winner took home a staggering $1.13 billion Mega Millions prize in March, followed by a $1.326 billion Powerball jackpot in April, all of which signify some of the largest prizes ever awarded. 2025 represents a significant year for Mega Millions players, as the game as they know it will undergo a variety of changes come April. The game will feature larger starting jackpots, expedited rollover growth, and better odds. Lottery courier services like Jackpot.com eagerly await these welcome changes, which will not only enhance gameplay, but also elevate player experience(s). "There's a lot to like about the upcoming changes to Mega Millions," said CEO and co-founder of Jackpot.com , Akshay Khanna . "Whether you're a casual player or avid lottery user, the faster-growing jackpots, improved odds, and built-in multipliers will offer an entirely new feel to the game - hopefully one that encourages new players to get in on the action. That said, we have a one billion-dollar prize just before Christmas and potentially the ultimate present for one lucky winner, a life-changing gift at that." While tonight's drawing occurs on Christmas Eve, the Mega Millions jackpot has been won just once on the "Eve." Back in 2002, a $68 million jackpot was won in New York , unfortunately going unclaimed. Currently available in Colorado , Massachusetts , Arkansas , New Jersey , New York , Ohio , Texas , and Arizona , New Jackpot.com customers can get in on the fun this holiday by scoring a free Mega Millions ticket on their first play by using promo code XMAS. Amid the Mega Millions frenzy, Jackpot.com remains committed to upholding responsible gaming protocols through the integration of modern conveniences and safety guardrails, one of the standout features of digital lottery platforms. 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An Associate Member of the North American Association of State and Provincial Lotteries (NASPL), Jackpot.com has invested significantly in responsible gaming safeguards, with default spending limits and other features built in throughout the experience, earning it iCap certification from the National Council on Problem Gaming. To learn more, visit www.jackpot.com or download the iOS or Android app. Jason Heller Senior Vice President 212.584.4278| 5WPR.com 3 Park Avenue, Floor 19 New York, NY 10016 View original content to download multimedia: https://www.prnewswire.com/news-releases/tickets-to-the-1-billion-mega-millions-draw-available-this-christmas-eve-on-jackpotcom-302339022.html SOURCE Jackpot.com