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If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much TodayAdam McKay warns 'radical' Wicked could be banned by politicians in '3 to 5 years'
(The Center Square) – The latest federal numbers show the U.S. deficit is soaring as President Joe Biden heads out of office. The U.S. Congressional Budget Office released its monthly budget review on Monday, which showed that in the first two months of this fiscal year, the federal government has run up a deficit of $622 billion. “That amount is $242 billion more than the deficit recorded during the same period last fiscal year,” CBO said in its report . That figure means the deficit is nearly 40% higher than this time last year. “The most alarming turkey in November was the federal government’s inability to live within its means,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said in a statement. “We are only two months into the fiscal year, and we have already borrowed a staggering $622 billion, with $365 billion in the month of November alone." Deficits never surpassed one trillion dollars before the COVID-19 pandemic. Since then, they remain well above one trillion and for this next fiscal year are well beyond the pace to surpass $1 trillion. The deficit last fiscal year was about $1.8 trillion. Billionaire Elon Musk, now an advisor to President-elect Donald Trump, lamented the debt, which is about $36 trillion, on X Monday. “If we don’t fix the deficit, everything will suffer, including essential spending like DoD, Medicare & Social Security,” Musk said. “It’s not optional.” CBO did explain that some of the increase is from accounting changes. From CBO: The change in the deficit was influenced by the timing of outlays and revenues alike. Outlays in October 2023 were reduced by shifts in the timing of certain federal payments that otherwise would have been due on October 1, 2023, which fell on a Sunday. (Those payments were made in September 2023.) Outlays in November 2024 were boosted by the shift to that month of payments due December 1, 2024, a Saturday. If not for those shifts, the deficit thus far in fiscal year 2025 would have been $541 billion, or $88 billion more than the shortfall at this point last year, and outlays would have been $38 billion more.”
Big ideas will exhibit govt’s administrative prowess: PTR
President-elect Donald Trump has nominated a billionaire with Las Vegas ties as the next United States ambassador to Italy, according to a Saturday announcement. Tilman Fertitta, 67, is the chairman, chief executive officer and owner of Landry’s Inc., the Houston-based hospitality and entertainment company which operates three Golden Nugget casino hotels in Nevada, located in downtown Las Vegas, Lake Tahoe and Laughlin. Fertitta is the largest shareholder of Wynn Resorts Ltd. , according to financial records. In November, he increased his ownership to 9.9 percent, which amounts to roughly 10.9 million shares of the Las Vegas-based gaming and hospitality corporation. He is also the cousin of Lorenzo Fertitta and Frank Fertitta III, the chairman of Las Vegas-based Red Rock Resorts, Inc., and chief executive officer of Station Casinos, respectively. In 2022, Fertitta received approval from Clark County officials to develop a casino resort on the Las Vegas Strip . The proposed 43-story, 2,420-room hotel is cleared to go up on a 6.2-acre site at the southeast corner of Las Vegas Boulevard and Harmon Avenue, but work has yet to begin in earnest. Fertitta purchased the NBA’s Houston Rockets and the team’s home arena for $2.2 billion in 2017. He has been pushing to bring an NHL franchise to Houston. In the ambassadorship announcement, Trump called Fertitta an “accomplished businessman” and touched on the latter’s philanthropic efforts. Fertitta, a former television reality personality who appeared on “Billion Dollar Buyer,” has no political or diplomatic experience but has long been a campaign donor. Public finance reports show he has contributed money to candidates of both major parties, although the bulk goes to Republican politicians, including millions of dollars to GOP officials in his home state of Texas. In 2020, Fertitta donated $140,000 to Trump’s unsuccessful re-election campaign and contributed $5,600 to President Joe Biden. Earlier this year, Fertitta hosted a fundraising event for Trump at his Post Oak Hotel in Houston.NVIDIA: A Success Story in Tech Investment Over the past 15 years, NVIDIA has shown extraordinary performance in the stock market, beating market averages and showcasing the power of compounded returns. For those who trusted NVIDIA’s potential early on, the financial rewards have been significant. A 15-Year Financial Transformation If you had invested $1000 in NVIDIA stock 15 years ago, your investment would have grown tremendously. With the stock price currently standing at $139.78, that initial investment would now be valued at an impressive $311,254.16. This remarkable growth highlights NVIDIA’s average annual return of 46.28%, outperforming the market by an annualized 34.46%. Market Reach and Influence Today, NVIDIA boasts a substantial market capitalization of $3.42 trillion, underlining its impressive growth and influence in the tech industry. This market cap reflects the company’s enduring success and its pivotal role in technology innovation. The Lesson of Compounded Returns The story of NVIDIA over the past 15 years underscores an essential investment lesson: the profound impact of compounded returns over time. While past performance does not guarantee future results, NVIDIA’s trajectory illustrates how a well-chosen investment can yield significant financial gains. Investors are reminded of the potential rewards of long-term investing, as demonstrated by NVIDIA’s exceptional journey from a pioneering tech company to a market leader. The Astonishing Rise of NVIDIA: Insights and Innovations NVIDIA’s Revolutionary Innovations: Shaping the Tech Landscape In the ever-evolving tech industry, NVIDIA has not only outperformed market expectations but has also set new benchmarks in innovation and technological advancement. From graphics processing units (GPUs) to artificial intelligence (AI) applications, NVIDIA’s innovations continue to redefine the boundaries of technology. Key Innovations: Driving the Future of Computing NVIDIA has been a trailblazer in several cutting-edge technologies. Their GPUs have revolutionized computer graphics, making them a staple in gaming, professional visualization, and data centers. Additionally, NVIDIA’s AI-powered platforms, such as the NVIDIA DRIVE for autonomous vehicles and NVIDIA Clara for healthcare, showcase their commitment to transforming industries through innovation. Market Analysis: Trends and Predictions NVIDIA’s ability to anticipate and capitalize on emerging trends has been instrumental in its success. The global demand for AI and machine learning technologies is surging, with NVIDIA positioned at the forefront of this growth. The company’s focus on developing AI infrastructure indicates a promising future, with analysts predicting continued expansion in sectors such as autonomous driving, robotics, and cloud computing. Compatibility and Ecosystem: Enhancing User Experience Another aspect contributing to NVIDIA’s success is its robust compatibility within a diverse tech ecosystem. The company’s products seamlessly integrate with various hardware and software platforms, resulting in a comprehensive suite of solutions. This compatibility enhances user experience, making NVIDIA a preferred choice across multiple sectors. Security Aspects: Ensuring Robust Protection With technology becoming integral to infrastructure and security, NVIDIA places a strong emphasis on safeguards within its products. The company invests heavily in security protocols, ensuring that its products meet the highest standards of data protection and cybersecurity. This focus on security enhances trust and reliability among NVIDIA’s vast customer base. Sustainability: Committed to a Greener Future In line with global sustainability trends, NVIDIA is actively pursuing eco-friendly initiatives. The company is committed to reducing its carbon footprint and has implemented greener practices across its operations to promote sustainability in the tech industry. This dedication not only benefits the environment but also aligns NVIDIA’s goals with global environmental standards. The Bottom Line: A Promising Road Ahead Looking forward, NVIDIA’s strategy indicates a commitment to harnessing technology for societal benefit, continuing its legacy of innovation and unparalleled growth. For investors and tech enthusiasts, NVIDIA stands as a beacon of ingenuity, adaptability, and sustainable progress in a rapidly changing world. For more insights into NVIDIA’s journey and innovations, visit their official website .
Snow continued to fall Monday around parts of the Great Lakes region, where storm-weary residents who have plowed and shoveled for days faced the prospect of even greater accumulations. Lake-effect snow fell on parts of western New York, Pennsylvania and Ohio that were already blanketed with a foot (0.3 meters) or more over the past four days. By Monday morning, the village of Cassadaga, New York, east of Lake Erie, recorded 4.5 feet (1.4 meters) of snow. Snow was forecast through Tuesday in that largely rural area south of Buffalo. “It was so much, so quick, that we got buried," said Rebecca Chamberlin, who lives in Cassadaga with her husband and two sons. She has been struggling to keep up with the bands of sometimes wet and heavy snow. “If it had been, you know, over a period of a week or more, it wouldn’t have been so bad.” In Ohio, the quaint village of Geneva-on-the-Lake had more than 4 feet (1.2 meters) of snow, and more is in the forecast through the rest of the week, according to the National Weather Service. “At this point, it's just annoying,” said Ryan Colby, who lives a snowball's toss from Lake Erie in the Ohio village. “We’ve just been getting hit left and right with it. I’ve been getting up every couple hours and shoveling out the driveway and the porch just so we don’t get too, too buried again.” Lake-effect snow warnings were in effect through Tuesday night in parts of Ohio, New York and Pennsylvania. Winter storm warnings or advisories also were posted through Tuesday in Michigan, up and down the Lake Michigan coast, where as much as a foot (0.3 meters) of snow was predicted. Farther inland, some communities canceled school, including Gaylord, where more than 3 feet (0.9 meters) of snow has fallen since Thanksgiving. “Last year at this time we still had green grass,” said Mike Williams, who has a snow removal business in Gaylord. “To get it all at once overwhelmed everyone.” In southwest Michigan, a crash involving about 14 passenger vehicles and three semi-trucks critically injured a driver and shut down Interstate 94 near Hartford in both directions during whiteout conditions on Monday, the Michigan State Police posted on the social platform X. More than a dozen “vehicle slide offs” had also been reported in the area, with police warning drivers to slow down. Digging out Skies were clear east of Lake Ontario in northern New York, where some residents were still digging out from mountains of snow. “We’ve got snow banks that are higher than me,” said Mary Shambo, owner of the Cottage Inn in Copenhagen, New York. The small village received more than 5 feet (1.5 meters) of snow in four days. Shambo and her husband, Ben, managed to stay open through the thick of the storm. Some locals arrived by snowmobile, but they mostly served truckers who pulled off the road when bands of snow became particularly fierce. “It goes from whiteout conditions to clear,” she said, “so they would take off when it was clear and hope to God they got to where they needed to go.” In Ohio, the mayor of Geneva-on-the-Lake has been using a backhoe almost nonstop since Thursday to clear the snow. “Every business down here has been shut down the last four days," Mayor Dwayne Bennett said. “You can’t even get in the front doors." “The problem is we’re not equipped to handle this much snow in this amount of time,” he added. Officials faced similar problems in snow-bound Erie, Pennsylvania, where 3 to 4 feet (0.9 to 1.2 meters) of snow fell since Thursday, and accumulations on the ground were particularly wet and heavy. “Every shovel is like 30 pounds, and there’s not a lot of space to put that snow once it’s been piling up for days and days,” said Sarah Morrison with the Erie Metropolitan Transit Authority. Snow in Alaska Up to 17 inches (43 centimeters) of snow fell in Alaska’s capital city of Juneau over the weekend as part of a system that was “definitely stronger” than what the region typically experiences this time of year, National Weather Service meteorologist Greg Spann said. Snow had transitioned to freezing rain early Monday, he said, with roads icy in some areas. Wet, heavy snow was piled on sidewalks along typically busy streets near downtown Juneau, and slushy pools were forming at some intersections. School went to remote learning in the city on Monday, and state offices were closed due to freezing rain. Ice encased the thin branches on some trees. The rest of Juneau's week is expected to be very different, with forecasts calling for rain and unusually warm temperatures in the 40s (between 4.4 and 10 degrees Celsius). ___ This story has been updated to correct the snow total in Cassadaga, New York, to 4.5 feet, not 5.5 feet. ___ Contributing to this report were Susan Haigh in Norwich, Connecticut; John Seewer in Toledo, Ohio; Ed White in Detroit; Mark Scolforo in Harrisburg, Pennsylvania; and Becky Bohrer in Juneau, Alaska. Michael Hill, The Associated PressNoneBiden just spared 37 lives. Here are four very good reasons why.AP Sports SummaryBrief at 6:49 p.m. EST
Some Atlantic City casino workers call on union boss to resign for opposing a smoking banDevlin DeFrancesco returns full time to NTT IndyCar SeriesOshana regional electoral officer Amon Haimbangu has said in his view the Namibian elections were conducted in a free and fair manner.Over the weekend, he told Namibian Sun he was ... If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00.
'Mufasa' stars 'pinching themselves' to be in 'Lion King' prequel
Subsplash Acquires Pulpit AI, an Innovative Platform Leveraging AI to Help Streamline Content Creation & Boost Sermon Engagement for ChurchesBank Of Korea To Cut Rates Further Next Year On Higher Downside Risks
AP Sports SummaryBrief at 6:49 p.m. EST
Home | News | Drones Planes Or Ufos Americans Abuzz Over Mysterious New Jersey Sightings Drones, planes or UFOs? Americans abuzz over mysterious New Jersey sightings New Jersey residents are mystified over the multiple sightings of the Unidentified Flying Objects or UFOs. Conspiracy theories are abound with government not clarifying on the sightings By AP Published Date - 14 December 2024, 05:13 AM Photo: Twitter Chatham (N.J.): That buzzing coming out of New Jersey? It’s unclear if it’s drones or something else, but for sure the nighttime sightings are producing tons of talk, a raft of conspiracy theories and craned necks looking skyward. Cropping up on local news and social media sites around Thanksgiving, the saga of the drones reported over New Jersey has reached incredible heights. This week seems to have begun a new, higher-profile chapter: Lawmakers are demanding (but so far not getting) explanations from federal and state authorities about what’s behind them. Gov. Phil Murphy wrote to President Joe Biden asking for answers. New Jersey’s new senator, Andy Kim, spent Thursday night on a drone hunt in rural northern New Jersey, and posted about it on X. But perhaps the most fantastic development is the dizzying proliferation of conspiracies — none of which has been confirmed or suggested by federal and state officials who say they’re looking into what’s happening. It has become shorthand to refer to the flying machines as drones, but there are questions about whether what people are seeing are unmanned aircraft or something else. Some theorize the drones came from an Iranian mothership. Others think they are the Secret Service making sure President-elect Donald Trump’s Bedminster property is secure. Others worry about China. The deep state. And on. In the face of uncertainty, people have done what they do in 2024: Create a social media group. The Facebook page, New Jersey Mystery Drones — let’s solve it, has nearly 44,000 members, up from 39,000 late Thursday. People are posting their photo and video sightings, and the online commenters take it from there. One video shows a whitish light flying in a darkened sky, and one commenter concludes it’s otherworldly. “Straight up orbs,” the person says. Others weigh in to say it’s a plane or maybe a satellite. Another group called for hunting the drones literally, shooting them down like turkeys. (Do not shoot at anything in the sky, experts warn.) Trisha Bushey, 48, of Lebanon Township, New Jersey, lives near Round Valley Reservoir where there have been numerous sightings. She said she first posted photos online last month wondering what the objects were and became convinced they were drones when she saw how they moved and when her son showed her on a flight tracking site that no planes were around. Now she’s glued to the Mystery Drones page, she said. “I find myself — instead of Christmas shopping or cleaning my house — checking it,” she said. She doesn’t buy what the governor said, that the drones aren’t a risk to public safety. Murphy told Biden on Friday that residents need answers. The federal Homeland Security Department and FBI also said in a joint statement they have no evidence that the sightings pose “a national security?or public safety?threat or have a foreign nexus.” “How can you say it’s not posing a threat if you don’t know what it is?” she said. “I think that’s why so many people are uneasy.” Then there’s the notion that people could misunderstand what they’re seeing. William Austin is the president of Warren County Community College, which has a drone technology degree program, and is coincidentally located in one of the sighting hotspots. Austin says he has looked at videos of purported drones and that airplanes are being misidentified as drones. He cited an optical effect called parallax, which is the apparent shift of an object when viewed from different perspectives. Austin encouraged people to download flight and drone tracker apps so they can better understand what they’re looking at. Nonetheless, people continue to come up with their own theories. “It represents the United States of America in 2024,” Austin said. “We’ve lost trust in our institutions, and we need it.” Federal officials echo Austin’s view that many of the sightings are piloted aircraft such as planes and helicopters being mistaken for drones, according to lawmakers and Murphy. That’s not really convincing for many, though, who are homing in on the sightings beyond just New Jersey and the East Coast, where others have reported seeing the objects. For Seph Divine, 34, another member of the drone hunting group who lives in Eugene, Oregon, it feels as if it’s up to citizen sleuths to solve the mystery. He said he tries to be a voice of reason, encouraging people to fact check their information, while also asking probing questions. “My main goal is I don’t want people to be caught up in the hysteria and I also want people to not just ignore it at the same time,” he said. “Whether or not it’s foreign military or some secret access program or something otherworldly, whatever it is, all I’m saying is it’s alarming that this is happening so suddenly and so consistently for hours at a time,” he added. Follow Us : Tags New Jersey UFO UFO sightings Related News Ayushmann Khurrana reacts to a fan throwing dollars at his US concert Entitled to do so: Trump refuses to tone down personal attacks on Harris Google lists Big B’s statue outside New Jersey residence ‘tourist attraction’ Indians impacted by fire in residential building in New JerseyCaitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. Wemby at The Garden. LeBron vs. Steph. The NBA's Christmas Day lineup, as always, has star power LeBron James made his Christmas debut in 2003. Victor Wembanyama was born 10 days later. That’s right: James has been featured on the NBA’s big day for longer than Wembanyama has been alive. And on Wednesday the league’s oldest player and brightest young star will be big parts of the holiday showcase. It’s another Christmas quintupleheader, with Wembanyama and the San Antonio Spurs visiting the New York Knicks, Minnesota going to Dallas for a Western Conference finals rematch, Philadelphia heading to Boston to renew a storied rivalry, James and the Los Angeles Lakers taking on Stephen Curry and the Golden State Warriors, and Denver playing at Phoenix. Pro Picks: Chiefs will beat the Steelers and Ravens will edge the Texans on Christmas Day Playoff berths, draft positioning and more are up for grabs in Week 17. There’s going to be plenty of football on television this holiday week with the NFL playing games on five out of six days, starting with a doubleheader on Christmas Day featuring four of the AFC’s top five teams. Patrick Mahomes and the two-time defending Super Bowl champion Kansas City Chiefs visit Russell Wilson and the Pittsburgh Steelers on Wednesday. Then, two-time NFL MVP Lamar Jackson and the Baltimore Ravens take on C.J. Stroud and the Houston Texans. The Bears host the Seahawks on Thursday night and there are three games on Saturday, making Sunday’s schedule light at nine games. Falcons drafting Penix no longer a head-scratcher with rookie QB shining in place of benched Cousins It was the most surprising first-round pick in a long time when the Atlanta Falcons chose Michael Penix Jr. with the eighth overall selection in the NFL draft last April. That came just six weeks after the Falcons had signed free agent quarterback Kirk Cousins to a four-year, $180 million deal with $100 million in guarantees. But that move is no longer a head-scratcher after Penix's solid starting debut in place of a benched and turnover-prone Cousins. Several teams have fared well with new quarterbacks this season including the Steelers, Broncos, Vikings and Commanders. Lindsey Vonn thinks her new titanium knee could start a trend in skiing. And pro sports in general ST. MORITZ, Switzerland (AP) — Lindsey Vonn thinks her new titanium knee could be the start of a trend in ski racing. The 40-year-old American standout had replacement surgery in April and returned to the World Cup circuit after nearly six years last weekend. She says her knee feels “amazing" and that "it’s something to seriously consider for athletes that have a lot of knee problems.” Her surgery was the first of its kind in World Cup skiing. Vonn had a robot-assisted surgery in April with part of the bone in her right knee cut off and replaced by two titanium pieces. She was planning her comeback a month later. Boise State's legacy includes winning coaches and championship moments No. 8 and third-seeded Boise State is preparing for its third trip to the Fiesta Bowl. This time it's in a playoff quarterfinal against No. 5 and sixth-seeded Penn State on New Year’s Eve. Boise State's first appearance on the national stage was in a memorable victory over Oklahoma in the Fiesta Bowl on Jan. 1, 2007. But former coach Chris Petersen said the victory in that bowl three years later over TCU was even more meaningful for the program. Players have mixed feelings about being on the road on Christmas as NFL adds more holiday games OWINGS MILLS, Md. (AP) — Games on Christmas aren’t new to the NFL. The Miami Dolphins famously beat the Kansas City Chiefs in a playoff game on Dec. 25, 1971 — a double-overtime classic that still holds the record for the NFL’s longest game. In 2020, New Orleans running back Alvin Kamara tied an NFL record with six touchdowns in a game when the Saints beat Minnesota on Christmas. Lately the league has been much more aggressive about scheduling games on Christmas. That's been met with mixed feelings among the players. Baltimore tackle Ronnie Stanley says there is an offensive line Christmas party planned for Friday at center Tyler Linderbaum’s house. Quarterback Lamar Jackson’s plan is to celebrate on Thursday. Embiid ejected after drawing 2 technicals in game against Wembanyama and Spurs PHILADELPHIA (AP) — Philadelphia 76ers star Joel Embiid was ejected in the first half of Monday night’s game against San Antonio after drawing two technical fouls. Referee Jenna Schroeder ejected Embiid with 2 minutes, 59 seconds left in the second quarter. The seven-time All-Star received the first technical for arguing with Schroeder, and received another technical — and ejection — from Schroeder before any more game time elapsed. Embiid was close to Schroeder, but it wasn’t clear from replays whether he made contact with the official. An enraged Embiid charged toward the officials after the ejection and was restrained by teammate Kyle Lowry, head coach Nick Nurse and several assistants. Nikki Glaser uses Prime Video's NFL postgame show appearances to help prepare for Golden Globes INGLEWOOD, Calif. (AP) — Nikki Glaser has become a familiar face to football fans this season. Her breakthrough performance at the Tom Brady Roast on May 5 paved the way for five appearances on Amazon Prime Video’s “Thursday Night Football” postgame show. Glaser said before last Thursday’s game between the Denver Broncos and Los Angeles Chargers that doing her “Late Hits” segment was a no-brainer following her success at the Brady roast. Leaving Thunder, Bucks off the NBA's Christmas game list has those teams feeling snubbed Oklahoma City leads the Western Conference and has a MVP candidate in Shai Gilgeous-Alexander. Milwaukee has the NBA’s leading scorer in Giannis Antetokounmpo. They were the teams that made their way to the NBA Cup final. By any measure, they’re both very good teams. And neither will play on Christmas Day this year. Bah, humbug. The NBA faces the same challenge every summer, figuring out which 10 teams will get the honor of playing on Christmas Day. But the Bucks and Thunder are right to feel snubbed.OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'
Police issue holiday reminders following pair of break and entersEllomay Capital Announces an Extraordinary General Meeting of Shareholders
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