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US stocks experience mixed fortunes on quiet day of tradingJones alleges fraud and collusion marred the bankruptcy auction in which The Onion was named the winning bidder on November 14 over a company affiliated with him. US bankruptcy judge Christopher Lopez had been scheduled to hear an emergency motion to disqualify The Onion’s bid, but decided to put it off until either December 9 or December 17. That is also when the judge will hear arguments on a request to approve the sale of Infowars to The Onion. Mr Lopez said similar arguments are being made in both requests. He could allow The Onion to move forward with the sale, order a new auction or name the other bidder as the winner. At stake is whether Mr Jones gets to stay at Infowars’ studio in Austin, Texas, under a new owner friendly to him, or whether he gets kicked out by The Onion. The other bidder, First United American Companies, runs a website in Mr Jones’s name that sells nutritional supplements. Regardless, Mr Jones has set up a new studio, websites and social media accounts that would allow him to keep airing his show. His personal account with 3.3 million followers on the social platform X was not part of the sale, although Mr Lopez will be deciding whether it should be included in the liquidation and sold off later. In a new court filing on Monday, lawyers for X objected to any sale of the accounts of both Mr Jones and Infowars, saying X is the owner of the accounts and that it has not given consent for them to be sold or transferred. Mr Jones has praised X owner Elon Musk on his show and suggested that Mr Musk should buy Infowars. Mr Musk has not responded publicly to that suggestion and was not among the bidders. Mr Jones’ bankruptcy and the liquidation of his assets came about after he was ordered to pay nearly 1.5 billion dollars (£1.19 billion) to relatives of victims of the Sandy Hook Elementary School shooting in Newtown, Connecticut. Mr Jones was found liable for defamation and emotional distress damages in lawsuits in Connecticut and Texas for repeatedly calling the 2012 shooting that killed 20 first graders and six educators a hoax staged by actors to increase gun control. Proceeds from the liquidation are to go to Mr Jones’s creditors, including the Sandy Hook families who sued him. Mr Jones alleged The Onion’s bid was the result of fraud and collusion involving many of those families, the humour site and a court-appointed trustee who is overseeing the liquidation. First United American Companies submitted a 3.5 million dollar (£2.7 million) sealed bid, while The Onion offered 1.75 million dollars (£1.3 million) in cash. But The Onion’s bid also included a pledge by Sandy Hook families to forego some or all of the auction proceeds due to them giving other creditors a total of 100,000 dollars (£79,400) more than they would receive under other bids. The trustee, Christopher Murray, said that made The Onion’s proposal better for creditors and he named it the winning bid. He has denied any wrongdoing. Mr Jones and First United American Companies claimed that the bid violated Mr Lopez’s rules for the auction by including multiple entities and lacking a valid dollar amount. Mr Jones also alleged Mr Murray improperly cancelled an expected round of live bidding and only selected among the sealed bids that were submitted. Mr Jones called the auction “rigged” and a “fraud” on his show, which airs on the Infowars website, radio stations and his X account. In a court filing, Mr Murray called the allegations “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process”. Mr Lopez’s September order on the auction procedures made a live bidding round optional. It gave broad authority to Mr Murray to conduct the sale, including the power to reject any bid, no matter how high, that was “contrary to the best interests” of Mr Jones, his company and their creditors. Hi friends! I wanted to give a quick update on The Onion’s purchase of InfoWars, which we can’t wait to relaunch as the dumbest site on the internet. Long and short of it: We won the bid and — you're not going to believe it — the previous InfoWars folks aren't taking it well. — follow @bencollins on bluesky (@oneunderscore__) But at a November 14 hearing, Mr Lopez said he was concerned about the process and transparency. “We’re all going to an evidentiary hearing and I’m going to figure out exactly what happened,” he said. “No one should feel comfortable with the results of this auction.” The assets of Infowars’ parent company, Free Speech Systems, that were up for sale included the Austin studio, Infowars’ video archive, video production equipment, product trademarks, and Infowars’ websites and social media accounts. Mr Jones is appealing the 1.5 billion dollar (£1.19 billion) in judgments citing free speech rights but has acknowledged that the school shooting happened. Mr Jones has brought in millions of dollars a year in revenue by hawking nutritional supplements, clothing, survival gear and other merchandise from his Infowars Store website, according to court documents. Many of Mr Jones’ personal assets, including real estate as well as guns and other personal belongings, also are being sold as part of the bankruptcy.

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After opening the week with a perfectly clean injury report, Los Angeles Rams offensive tackle Rob Havenstein is dealing with a shoulder injury that occurred in practice, putting his status up in the air in advance of Saturday's home game against the Arizona Cardinals. The Rams (9-6), who are on a four-game winning streak that moved them into the lead in the NFC West, have rebounded from a 1-4 start. That poor early stretch was due, in part, to injuries on the offensive line. Havenstein missed the season opener against the Detroit Lions with an ankle injury, then missed a three-game stretch in November with more ankle issues. Havenstein did not practice Thursday because of the shoulder injury, although he typically does not participate in the final practice of the week for rest purposes. The 32-year-old is in his 10th NFL season, all with the Rams going back to the team's 2015 season in St. Louis. Joe Noteboom would likely start if Havenstein is not available Saturday. The Rams can clinch the NFC West this weekend with a victory over the Cardinals (7-8), combined with a loss or tie by the Seattle Seahawks (8-7) against the Chicago Bears (4-11). --Field Level MediaDisplaced Lebanese head for homes as fragile truce appears to hold

The Lakers' six-game win streak came to a frustrating end Thursday night against Orlando, leaving the team in low spirits according to guard Max Christie. The 119-118 loss, sealed by Franz Wagner's late three-pointer, dropped Los Angeles to fourth in the competitive Western Conference. Ron Chenoy-Imagn Images "It's a tough loss," Christie told ESPN's Dave McMenamin. "We were bummed out but we're onto the next game. We got Denver tonight, who is still a good team. We don't want to dwell on Orlando. So we turned the page and we're ready to go tonight." The defeat highlighted several ongoing concerns for the 10-5 Lakers. Poor free throw shooting (17-of-26), defensive rebounding issues (15 offensive boards allowed), and inconsistent role player production all contributed to squandering what should have been a winnable game. Wagner took full advantage, torching the Lakers for 37 points, 11 assists, and 6 rebounds on 50% shooting. In a Western Conference where 11 teams sit at .500 or better, these types of losses could prove costly. With LeBron James' window closing, the Lakers are reportedly exploring frontcourt upgrades, with names like Jonas Valanciunas, Walker Kessler, and Robert Williams III emerging as potential targets. The Lakers will look to bounce back tonight at Crypto.com Arena against their playoff nemesis Denver Nuggets (10:30 PM EST), before a challenging road back-to-back against Phoenix (Tuesday, 10:00 PM EST) and Victor Wembanyama's Spurs (Wednesday, 8:30 PM EST). Related: Stephen A. Smith Challenges LeBron's Media Criticism: "Not Wrong, Just Not Complete"Former pro taps into Newcastle's basketball boom with coaching business

Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen have targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said the bombardment on Thursday took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the international airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. An uneasy calm settles over Syrian city of Homs after outbreak of sectarian violence HOMS, Syria (AP) — Syria’s new security forces checked IDs and searched cars in the central city of Homs a day after protests by members of the Alawite minority erupted in gunfire and stirred fears that the country’s fragile peace could break down. A tense calm prevailed Thursday after checkpoints were set up throughout the country’s third-largest city, which has a mixed population of Sunni and Shia Muslims, Alawites and Christians. The security forces are controlled by the former insurgent group Hayat Tahrir al-Sham, which led the charge that unseated former President Bashar Assad. The US says it pushed retraction of a famine warning for north Gaza. Aid groups express concern. WASHINGTON (AP) — U.S. officials say they asked for — and got — the retraction of an independent monitor's warning of imminent famine in north Gaza. The internationally Famine Early Warning System Network issued the warning this week. The new report had warned that starvation deaths in north Gaza could reach famine levels as soon as next month. It cited what it called Israel's “near-total blockade” of food and water. The U.S. ambassador to Israel, Jacob Lew, criticized the finding as inaccurate and irresponsible. The U.S. Agency for International Development, which funds the famine-monitoring group, told the AP it had asked for and gotten the report's retraction. USAID officials tell The Associated Press that it had asked the group for greater review of discrepancies in some of the data. Trump has pressed for voting changes. GOP majorities in Congress will try to make that happen ATLANTA (AP) — Republicans in Congress plan to move quickly in their effort to overhaul the nation’s voting procedures, seeing an opportunity with control of the White House and both chambers of Congress. They want to push through long-sought changes such as voter ID and proof-of-citizenship requirements. They say the measures are needed to restore public confidence in elections. That's after an erosion of trust that Democrats note has been fueled by false claims from Donald Trump and his allies of widespread fraud in the 2020 election. Democrats say they are willing to work with the GOP but want any changes to make it easier, not harder, to vote. Americans are exhausted by political news. TV ratings and a new AP-NORC poll show they're tuning out NEW YORK (AP) — A lot of Americans, after an intense presidential election campaign, are looking for a break in political news. That's evident in cable television news ratings and a poll from The Associated Press-NORC Center for Public Affairs Research. The poll found nearly two-thirds of Americans saying they've found the need recently to cut down on their consumption of political and government news. That's particularly true among Democrats following President-elect Donald Trump's victory, although a significant number of Republicans and independents feel the same way. Cable networks MSNBC and CNN are really seeing a slump. That's also happened in years past for networks that particularly appeal to supporters of one candidate. New York to charge fossil fuel companies for damage from climate change ALBANY, N.Y. (AP) — Large fossil fuel companies would have to pay fees to help New York fight the effects of climate change under a bill signed by Democratic Gov. Kathy Hochul. The governor signed the new law Thursday. It requires companies responsible for substantial greenhouse gas emissions to pay into a state infrastructure fund for repairs or projects that help avoid future damage from climate change. Lawmakers approved the bill earlier this year. It's meant to make big oil and gas companies contribute to the cost of repairs after extreme weather events or for resiliency projects. Such projects may include restoring coastal wetlands or upgrading roads, bridges and water drainage systems. Legal challenges to the new law are expected. Aviation experts say Russia's air defense fire likely caused Azerbaijan plane crash as nation mourns Aviation experts say that Russian air defense fire was likely responsible for the Azerbaijani plane crash the day before that killed 38 people and left all 29 survivors injured. Azerbaijan is observing a nationwide day of mourning on Thursday for the victims of the crash. Azerbaijan Airlines’ Embraer 190 was en route from Azerbaijan’s capital of Baku to the Russian city of Grozny in the North Caucasus on Wednesday when it was diverted for reasons yet unclear and crashed while making an attempt to land in Aktau in Kazakhstan. Cellphone footage circulating online appeared to show the aircraft making a steep descent before smashing into the ground in a fireball. Ukraine's military intelligence says North Korean troops are suffering heavy battlefield losses KYIV, Ukraine (AP) — Ukraine's military intelligence says North Korean troops are suffering heavy losses in Russia's Kursk region and face logistical difficulties as a result of Ukrainian attacks. The intelligence agency said Thursday that Ukrainian strikes near Novoivanovka inflicted heavy casualties on North Korean units. Ukraine's president said earlier this week that 3,000 North Korean troops have been killed and wounded in the fighting in the Kursk region. It marked the first significant estimate by Ukraine of North Korean casualties several weeks after Kyiv announced that North Korea had sent 10,000 to 12,000 troops to Russia to help it in the almost 3-year war. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Why this Mexican American woman played a vital role in the US sacramental peyote trade MIRANDO CITY, Texas (AP) — Amada Cardenas, a Mexican American woman who lived in the tiny border town of Mirando City in South Texas, played an important role in the history of the peyote trade. She and her husband were the first federally licensed peyote dealers who harvested and sold the sacramental plant to followers of the Native American Church in the 1930s. After her husband's death in 1967, Cardenas continued to welcome generations of Native American Church members to her home until her death in 2005, just before her 101st birthday.Cardi B says she went on a massive shopping spree following her divorce from Offset , spending $2 million on designer jewelry, bags, and more. She explained the decision after claiming she charges $1.5 million for concerts in the United States. “In October alone, I spent about $2 million just on my gifts I bought for myself,” Cardi said on X (formerly Twitter) Spaces. “Because you know what? I’m divorced, I’m single and shopping makes me feel good.” The topic originally arose as fans complained about the latest delay to her long-awaited sophomore album . She explained that, despite not dropping a new album since 2018, she's not hurting for cash. “I get paid $1.5 million to do shows in America, depending on the venue. Because If the venue is big, I gotta get $2 million. If I’m going out of the state, I’m getting [$2.5 million.]," she said. “I pay my nanny for my baby $700 a day,. Every single time I step out just hair and makeup is about $4,000, $5,000, depending on the length of the f*ckig hair. My outfits don’t even be less than f*cking $8,000. Just so I can step out of the house, let’s make that clear.” Read More: Cardi B Promises She's "Whipping Everybody’s Ass" In 2025 Nov 1, 2024; West Allis, WI, USA; Rapper and songwriter Cardi B speaks at a campaign event for Vice President Kamala Harris Friday, November 1, 2024, at Wisconsin State Fair Park in West Allis, Wisconsin. Mandatory Credit: Mark Hoffman/USA TODAY NETWORK via Imagn Images From there, she promised the new album would eventually come. “It’s gonna come and everything is gonna make sense,” she added. “I know I say that all the time, but I swear that on everything. I have no choice but to put it the f*ck out.” Cardi had been saying that the project would be dropping before 2025 throughout the year. Her tone changed in recent weeks after admitting this had been the "weirdest year I have ever experienced." Cardi also recently remarked that she's going to be hitting the "reset button" and "whipping everybody’s ass" in 2025. Check out Cardi B's latest rant on social media below. Read More: Cardi B Seems Unfazed After Offset Appears To Threaten To Expose Her

The Samsung Freestyle 2 is on sale for $200 off across retailers like Best Buy and Amazon , dropping the price down to $598. Also: The best Black Friday deals live now The Samsung Freestyle 2 is a solid projector that normally retails for $800. Sharp image quality, an internal battery, and the ability to play games without a console make this projector ultraportable. The second-generation feature upgrades are geared toward gaming, which may not be relevant for all users. There's a saying that goes something like, "Don't fix what isn't broken." I firmly believe in that -- especially when it comes to tech products and their sometimes-pointless updates. That said, after experiencing the recently upgraded generation of the Samsung Freestyle 2 , this portable projector may have taken the cake for the best tech gadget I tried in 2023. Review: Samsung The Freestyle: A well-rounded projector, inside and out There aren't many significant differences between the original model and the second-generation projector, but here are a few worth noting. Smart Edge Blending lets you use two Freestyle projectors to make one massive image with support for widescreen content at an aspect ratio of up to 29.3:9, there's a solar remote instead of a battery-operated one, and you get more memory for faster performance. The most notable difference, however, is the Samsung Gaming Hub. Samsung Freestyle 2 The Samsung Freestyle 2 projector features upgrades like Smart Edge Blending and Samsung Gaming Hub integration that make it a worthy upgrade over the previous generation. While I'm no gamer, my husband is a casual one, so I put him to the test to try this feature out. What's cool about the Samsung Gaming Hub is you don't need a physical console to play a game, but just the Freestyle 2, internet access, and a game controller. Also: The best outdoor projectors for epic movie nights You can subscribe to cloud streaming like Xbox Cloud Gaming, GeForce Now, Luna, and others, but there are also free games you can play right off the bat. My husband was able to play Rocket League with a free membership to GeForce Now, and other free games like Fortnite were also available. The overall gaming experience will depend on your Wi-Fi connection, but the graphics were crystal clear, and the Freestyle 2 loaded the games fast with virtually no glitches. It was a unique experience to be able to play games outside or cast them to our ceiling while lying down without being tied to one specific room or a particular gaming console. Gaming aside, the Samsung Freestyle 2 is a quality projector. It is super easy to set up and get going -- all you need is a Wi-Fi connection. You also don't need to lug an extension cord around since its portable battery easily connects to the device, letting you use it virtually anywhere (which was perfect for our backyard). It comes preloaded with many streaming services like Netflix, Disney+, Hulu, Prime Video, and more, so you can sign in to your accounts quickly and start streaming. Also: The best Netflix alternatives The sound impressed me the most: It comes from the built-in, 5W 360-degree speaker, and for such a small speaker, it packs a punch. During a very windy outdoor nighttime movie streaming, we could hear the sound clear and loud, almost as if we were indoors and the sound was surrounding us. The Samsung Freestyle 2 impressed me with both image quality, the ability to autofocus -- whether it was projecting onto a slanted ceiling or a projector screen -- and the overall experience of setup and streaming. To me, technology should make things quicker and more accessible, and this device does just that -- especially with its portability aspect. ZDNET's buying advice If you're a gamer and want to play a variety of titles without a console, the Samsung Freestyle 2 is a great option that lets you play games while camping, outdoors, or literally wherever. Also: The best VPN for streaming If, however, you're buying a Samsung Freestyle for the movie experience, the first-generation's specs are similar enough to this new model and allows you to save a few hundred bucks while still getting a top projector. Whatever model you choose, if you're looking for a portable or outdoor projector, this is, in my opinion, the best one on the market. When will this deal expire? Deals are subject to sell out or expire at any time, though ZDNET remains committed to finding, sharing, and updating the best product deals for you to score the best savings. Our team of experts regularly checks in on the deals we share to ensure they are still live and obtainable. We're sorry if you've missed out on this deal, but don't fret -- we're constantly finding new chances to score savings and sharing them with you at ZDNET.com . One of the best QLED TVs I've tested isn't made by Samsung or Hisense (and it's $500 off) I finally found a wireless Android Auto adapter that's reliable, functional, and affordable This is the most bizarre portable power station I've tested - and it actually works One of the best cheap soundbars I've tested performs as well as models twice its price

AP Business SummaryBrief at 4:06 p.m. ESTThe loss of ITV's independence would be a blow to creative Britain, says ALEX BRUMMER

( MENAFN - GlobeNewsWire - Nasdaq) Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Five9 To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Five9 between June 4, 2024 and August 8, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . [You may also click here for additional information] NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Five9, Inc. (“Five9” or the“Company”) (NASDAQ: FIVN) and reminds investors of the February 3, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See . As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Five9's net new business was not "strong irrespective of the macro" and was, in fact, hampered by macroeconomic issues such as constrained and scrutinized customer budgets; (2) Five9 was in the midst of a challenging bookings quarter due, in part, to sales execution and efficiency issues, and the Company was not "seeing very strong bookings momentum"; and (3) defendants did not have "enough information in terms of [their] existing customers that are going live" such that the statements that Five9 would see a positive inflection in its dollar-based retention rate lacked a reasonable basis. On August 8, 2024, after market hours, Five9 released its second quarter 2024 financial results and held an earnings call that same day, whereby the Company cut its annual revenue guidance due to a "challenging bookings quarter" and "uncertain economic conditions." Five9 disclosed that customer budgets had been "constrained and scrutinized" and that "Q2 new logo bookings came in softer than expected[.]" The Company also reported that sales execution "wasn't up to snuff" and announced remedial action to address sales execution and efficiency issues. As a result, Five9 announced that it was "no longer assuming" a dollar-based retention rate inflection in the second half of the year. On this news, Five9's stock price fell $11.25 per share, or 26.49%, to close at $31.22 per share on August 9, 2024. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Five9's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Five9, Inc. class action, go to /FIVN or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . Follow us for updates on LinkedIn , on X , or on Facebook . Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at MENAFN26122024004107003653ID1109033770 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Judge in Alex Jones' bankruptcy case orders new hearing on The Onion's bid for InfowarsMajor stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week, its first after three straight weekly gains. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite rose 0.1%, ending just below the record high it set on Wednesday. There were more than twice as many decliners than gainers on the New York Stock Exchange. Gains in technology stocks helped temper losses in communication services, financials and other sectors of the market. Broadcom surged 24.4% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Some tech stocks were a drag on the market. Nvidia fell 2.2%, Meta Platforms dropped 1.7% and Google parent Alphabet slid 1.1%. Among the market's other decliners were Airbnb, which fell 4.7% for the biggest loss in the S&P 500, and Charles Schwab, which closed 4% lower. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17% after raising its forecast for revenue growth for the year. All told, the S&P 500 lost 0.16 points to close at 6,051.09. The Dow dropped 86.06 points to 43,828.06. The Nasdaq rose 23.88 points to 19,926.72. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year . The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank's 2% target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed's policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7% in November from 2.6% in October. The Fed's preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5% rise in November, up from 2.3% in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.40% from 4.34% late Thursday. European markets slipped. Britain's FTSE 100 fell 0.1%. Britain’s economy unexpectedly shrank by 0.1% month-on-month in October, following a 0.1% decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower.

Patrick Stewart's first act as Rangers chief executive could be to sack Philippe ClementJones alleges fraud and collusion marred the bankruptcy auction in which The Onion was named the winning bidder on November 14 over a company affiliated with him. US bankruptcy judge Christopher Lopez had been scheduled to hear an emergency motion to disqualify The Onion’s bid, but decided to put it off until either December 9 or December 17. That is also when the judge will hear arguments on a request to approve the sale of Infowars to The Onion. Mr Lopez said similar arguments are being made in both requests. He could allow The Onion to move forward with the sale, order a new auction or name the other bidder as the winner. At stake is whether Mr Jones gets to stay at Infowars’ studio in Austin, Texas, under a new owner friendly to him, or whether he gets kicked out by The Onion. The other bidder, First United American Companies, runs a website in Mr Jones’s name that sells nutritional supplements. Regardless, Mr Jones has set up a new studio, websites and social media accounts that would allow him to keep airing his show. His personal account with 3.3 million followers on the social platform X was not part of the sale, although Mr Lopez will be deciding whether it should be included in the liquidation and sold off later. In a new court filing on Monday, lawyers for X objected to any sale of the accounts of both Mr Jones and Infowars, saying X is the owner of the accounts and that it has not given consent for them to be sold or transferred. Mr Jones has praised X owner Elon Musk on his show and suggested that Mr Musk should buy Infowars. Mr Musk has not responded publicly to that suggestion and was not among the bidders. Mr Jones’ bankruptcy and the liquidation of his assets came about after he was ordered to pay nearly 1.5 billion dollars (£1.19 billion) to relatives of victims of the Sandy Hook Elementary School shooting in Newtown, Connecticut. Mr Jones was found liable for defamation and emotional distress damages in lawsuits in Connecticut and Texas for repeatedly calling the 2012 shooting that killed 20 first graders and six educators a hoax staged by actors to increase gun control. Proceeds from the liquidation are to go to Mr Jones’s creditors, including the Sandy Hook families who sued him. Mr Jones alleged The Onion’s bid was the result of fraud and collusion involving many of those families, the humour site and a court-appointed trustee who is overseeing the liquidation. First United American Companies submitted a 3.5 million dollar (£2.7 million) sealed bid, while The Onion offered 1.75 million dollars (£1.3 million) in cash. But The Onion’s bid also included a pledge by Sandy Hook families to forego some or all of the auction proceeds due to them giving other creditors a total of 100,000 dollars (£79,400) more than they would receive under other bids. The trustee, Christopher Murray, said that made The Onion’s proposal better for creditors and he named it the winning bid. He has denied any wrongdoing. Mr Jones and First United American Companies claimed that the bid violated Mr Lopez’s rules for the auction by including multiple entities and lacking a valid dollar amount. Mr Jones also alleged Mr Murray improperly cancelled an expected round of live bidding and only selected among the sealed bids that were submitted. Mr Jones called the auction “rigged” and a “fraud” on his show, which airs on the Infowars website, radio stations and his X account. In a court filing, Mr Murray called the allegations “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process”. Mr Lopez’s September order on the auction procedures made a live bidding round optional. It gave broad authority to Mr Murray to conduct the sale, including the power to reject any bid, no matter how high, that was “contrary to the best interests” of Mr Jones, his company and their creditors. Hi friends! I wanted to give a quick update on The Onion’s purchase of InfoWars, which we can’t wait to relaunch as the dumbest site on the internet. Long and short of it: We won the bid and — you're not going to believe it — the previous InfoWars folks aren't taking it well. — follow @bencollins on bluesky (@oneunderscore__) November 16, 2024 But at a November 14 hearing, Mr Lopez said he was concerned about the process and transparency. “We’re all going to an evidentiary hearing and I’m going to figure out exactly what happened,” he said. “No one should feel comfortable with the results of this auction.” The assets of Infowars’ parent company, Free Speech Systems, that were up for sale included the Austin studio, Infowars’ video archive, video production equipment, product trademarks, and Infowars’ websites and social media accounts. Mr Jones is appealing the 1.5 billion dollar (£1.19 billion) in judgments citing free speech rights but has acknowledged that the school shooting happened. Mr Jones has brought in millions of dollars a year in revenue by hawking nutritional supplements, clothing, survival gear and other merchandise from his Infowars Store website, according to court documents. Many of Mr Jones’ personal assets, including real estate as well as guns and other personal belongings, also are being sold as part of the bankruptcy.

Grades: Nebraska 44, Wisconsin 25Nova Scotia Liberals saw support crumble after campaign linking them to TrudeauIsrael’s attorney general has ordered police to open an investigation into Prime Minister Benjamin Netanyahu’s wife on suspicion of harassing political opponents and a witness in the Israeli leader’s corruption trial. Attorney General Gali Baharav-Miara made the announcement in a terse message late Thursday, saying the investigation would focus on the findings of a recent report by the “Uvda” investigative program into Sara Netanyahu. The program uncovered a trove of WhatsApp messages in which Mrs. Netanyahu appears to instruct a former aide to organize protests against political opponents and to intimidate Hadas Klein, a key witness in the trial. The announcement did not mention Mrs. Netanyahu by name, and the Justice Ministry declined further comment. But in a video released earlier Thursday, Netanyahu listed what he said were the many kind and charitable acts by his wife and blasted the Uvda report as “lies.” “My opponents on the left and in the media found a new-old target. They mercilessly attack my wife, Sara,” he said. He called the program ”false propaganda, nasty propaganda that brings up lies from the darkness.” It was the latest in a long line of legal troubles for the Netanyahus — highlighted by the prime minister's ongoing corruption trial. The pair have also had a rocky relationship with the Israeli media. Netanyahu is charged with fraud, breach of trust and accepting bribes in a series of cases alleging he exchanged favors with powerful media moguls and wealthy associates. Netanyahu denies the charges and says he is the victim of a “witch hunt” by overzealous prosecutors, police and the media. The report obtained correspondence between Sara Netanyahu and Hanni Bleiweiss, a former aide to the prime minister who died of cancer last year. The messages indicated that Sara Netanyahu, through Bleiweiss, encouraged police to crack down violently on anti-government protesters and ordered Bleiweiss to organize protests against her husband's critics. She also told Bleiweiss to get activists in Netanyahu's Likud party to publish attacks on Klein. Klein is an aide to billionaire Hollywood mogul Arnon Milchan and has testified in the corruption case about her role in delivering tens of thousands of dollars worth of champagne, cigars and gifts to Netanyahu for her boss. According to the report, Bleiweiss also was instructed to organize demonstrations outside the homes of the lead prosecutor in the corruption case, Liat Ben-Ari, and then Attorney General Avichai Mandelblit, who had issued the indictments, and protests and social media campaigns smearing political opponents. According to the report, Bleiweiss was a loyal aid to Netanyahu for decades. But while she was ill, it said Sara Netanyahu mistreated her, prompting her to share the messages with a reporter shortly before her death. Sara Netanyahu has been accused of abusive behavior toward her personal staff before. This, together with accusations of excessive spending and using public money for her own extravagant personal tastes, has earned her an image as being out of touch with everyday Israelis. In 2019, she was fined for misusing state funds. National Security Minister Itamar Ben-Gvir, who oversees police and has repeatedly said the attorney general, Baharav-Miara, should be fired over a series of grievances against her, said the latest announcement was another reason for her to be dismissed. “Someone who politically persecutes government ministers and their families cannot continue to serve as the attorney general,” he said. And Justice Minister Yariv Levin, another Netanyahu ally and critic of Baharav-Miara, accused her of focusing on “television gossip.” “Selective enforcement is a crime!” he said in a statement.

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