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AP Sports SummaryBrief at 6:05 p.m. EST( MENAFN - EIN Presswire) Generative Artificial Intelligence (AI) In financial Services Global market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 9, 2024 /EINPresswire / -- The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-limited time only! What Will the Generative AI in Financial Services Market Size Be in The Coming Years? The generative artificial intelligence AI in financial services market size has grown exponentially in recent years and is expected to continue its ascent. It is expected to grow from $1.10 billion in 2023 to $1.44 billion in 2024, reflecting a compound annual growth rate CAGR of 30.7%. This growth during the historic period can be attributed to rising digital transformation, increased data availability, demand for personalization, operational efficiency, and investment in technology. To request detailed insights into the generative AI in financial services market, access the sample report at: What Are the Drivers and Trends Fueling the Growth of the Generative AI in Financial Services Market? The generative AI in financial services market size is expected to see exponential growth in the next few years. It will grow to $4.24 billion in 2028 at a CAGR of 31.0%. The projected growth can be attributed to the growing application of generative AI in fraud detection and prevention, enhanced reporting capabilities, globalization of financial services, collaboration with fintech, and rising AI literacy. Major trends in the forecast period include the development of collaborative AI solutions, the rise of personalized financial products, the increased adoption of AI solutions, the emergence of AI-driven investment strategies, and integration with blockchain technology. A significant impetus for growth is the endeavor to combat financial fraud. Financial fraud involves deceitful practices to gain an unfair financial advantage or cause financial loss to individuals or organizations. The rise in financial fraud, due to the growth of digital financial services and online transactions, increased use of digital platforms, and sophistication of fraud techniques, is expected to propel the growth of the generative AI market. Generative AI can create synthetic datasets that simulate real-world scenarios, including fraud, which can train and test fraud detection algorithms, improving their ability to recognize new and evolving fraud tactics without compromising accurate customer data. To gain more insights into the generative AI in financial services market, visit the complete report at: Who Are the Key Players in the Generative AI in Financial Services Market? In the generative AI in financial services market, major companies operating include Google LLC, Microsoft Corporation, JPMorgan Chase & Co., Amazon Web Services Inc., Wells Fargo, Citigroup Inc., Intel Corporation, IBM Corporation, American Express Banking Corp., Morgan Stanley, Goldman Sachs, Salesforce Inc., Fidelity Investments, Capgemini, Mastercard International Inc., Charles Schwab Corp., Cognizant, Infosys Ltd., HSBC Holdings Plc, Broadridge Financial Solutions Inc., Zeta Global, Simform Solutions, Narrative Science, Miquido, Zapata Computing Inc. These leading companies are vying for a substantial market share and are focusing on developing advanced technologies, such as generative AI tools, to produce highly accurate, data-driven outputs while automating complex tasks and adapting to new information in real-time. One standout instance is the Generative AI Tool for the Financial Services Industry launched by Hapax, a US-based financial service startup, in April 2024. This tool fulfills industry-specific knowledge requirements, decision-making capabilities, and valuable assets for banks and other similar businesses, with particular emphasis on addressing the information-access disparities between large and smaller banks. How Is the Generative AI in Financial Services Market Segmented? The generative artificial intelligence AI in financial services market covered in this report is segmented – 1 By Type: Solutions, Services 2 By Deployment Mode: Cloud, On-Premises 3 By Application: Credit Scoring, Fraud Detection, Risk Management, Forecasting And Reporting, Other Applications What Are the Regional Insights Into the Generative AI in Financial Services Market? In terms of regional insights, North America was the largest region in the generative artificial intelligence AI in financial services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. Browse Through More Similar Reports By The Business Research Company: Generative AI In Gaming Global Market Report 2024 Generative AI Global Market Report 2024 Generative Artificial Intelligence In Development And Operations (DevOps) Global Market Report 2024 About The Business Research Company Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game. Contact us at: The Business Research Company: Americas +1 3156230293 Asia +44 2071930708 Europe +44 2071930708 Email us at ... Follow us on: LinkedIn: YouTube: Global Market Model: global-market-model Oliver Guirdham The Business Research Company +44 20 7193 0708 email us here Visit us on social media: Facebook X LinkedIn Legal Disclaimer: EIN Presswire provides this news content "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 author above. MENAFN08122024003118003196ID1108969465 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.188jili cc register

AP Trending SummaryBrief at 5:24 p.m. ESTMorning Bid: China inflation eyed, global political uncertainty bubbling up

Man with scar on nose sought over Richardsons Bend assault and theftAP Top 25: Alabama, Mississippi out of top 10 and Miami, SMU are in; Oregon remains unanimous No. 1 Alabama and Mississippi tumbled out of the top 10 of The Associated Press college football poll and Miami and SMU moved in following a chaotic weekend in the SEC. Oregon is No. 1 for the sixth straight week and Ohio State, Texas and Penn State held their places behind the Ducks. The shuffling begins at No. 5, where Notre Dame returned for the first time since Week 2 after beating Army for its ninth straight win. No. 6 Georgia and No. 7 Tennessee each moved up two spots. Miami, SMU and Indiana round out the top 10. Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup title MALAGA, Spain (AP) — Jannik Sinner clinched Italy's second consecutive Davis Cup title and capped his breakthrough season at the top of tennis by beating Tallon Griekspoor 7-6 (2), 6-2 for a 2-0 win over the Netherlands in the final of the team competition in Malaga, Spain. Matteo Berrettini won Sunday's opening singles match 6-4, 6-2 against Botic van de Zandschulp. The Italians are the first country to win the Davis Cup twice in a row since the Czech Republic in 2012 and 2013. The No. 1-ranked Sinner stretched his unbeaten streak in singles to 14 matches and 26 sets. Netherlands reached the Davis Cup final for the first time. Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83 NEW YORK (AP) — Chuck Woolery, the affable, smooth-talking game show host of “Wheel of Fortune,” “Love Connection” and “Scrabble” who later became a right-wing podcaster, skewering liberals and accusing the government of lying about COVID-19, has died. He was 83. Mark Young, Woolery’s podcast co-host and friend, said in an email early Sunday that Woolery died at his home in Texas with his wife, Kristen, present. Woolery, with his matinee idol looks, coiffed hair and ease with witty banter, was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978. He teamed up with Young for the podcast “Blunt Force Truth” and became a full supporter Donald Trump. St. Louis Blues fire Drew Bannister and hire Jim Montgomery as coach The St. Louis Blues have fired coach Drew Bannister and hired Jim Montgomery as his replacement. The 2022 Jack Adams Award winner, Montgomery joins the Blues five days after he was fired by the Boston Bruins. Bannister had been on the job in St. Louis for less than a year since succeeding Stanley Cup-winning coach Craig Berube and getting the interim tag removed after last season. The Blues have lost 13 of their first 22 games. Montgomery spent two seasons as an assistant on Berube's staff in St. Louis between coaching Dallas and Boston. The team signed Montgomery to a five-year contract. Rico Carty, who won the 1970 NL batting title with the Atlanta Braves, dies at 85 Rico Carty, who won the 1970 NL batting title when he hit a major league-best .366 for the Atlanta Braves, has died. He was 85. Major League Baseball, the players’ association and the Braves have paid tribute to Carty on social media. A family friend told Listín Diario — a newspaper in Carty’s native Dominican Republic — that he died Saturday night in an Atlanta hospital. Carty made his big league debut with the Braves in September 1963. He batted .330 with 22 homers and 88 RBIs in his first full season in 1964, finishing second to Dick Allen in voting for NL Rookie of the Year. The Braves moved from Milwaukee to Atlanta after the 1965 season, and Carty got the franchise’s first hit in its new home on April 12, 1966, against Pittsburgh. Dartmouth sorority, two members of fraternity face charges after student who attended party drowned HANOVER, N.H. (AP) — A sorority at Dartmouth College and two members of a fraternity faces charges related to the death of a student who drowned after attending an off-campus party. The Hanover, New Hampshire police department, where Dartmouth is located, said Friday that Alpha Phi was charged with one count of facilitating an underage alcohol house. Two members of the Beta Alpha Omega face a charge of providing alcohol to a person under 21. Won Jang, 20, of Middletown, Delaware, had attended an off-campus party in July hosted by Alpha Phi sorority. Police said the alcohol was provided by Beta Alpha Omega. Tens of thousands of Spaniards protest housing crunch and high rents in Barcelona BARCELONA, Spain (AP) — Tens of thousands of Spaniards are marching in downtown Barcelona to protest the skyrocketing cost of renting an apartment in the popular tourist destination. Protesters cut off traffic on main avenues in the city center, holding up homemade signs in Spanish reading “Fewer apartments for investing and more homes for living." The lack of affordable housing has become one of the leading concerns for the southern European Union country, mirroring the housing crunch across many parts of the world, including the United States. The average rent for Spain has doubled in the last decade. In cities like Barcelona, rental prices have also been driven up by short-term renters including tourists. Verstappen captures 4th F1 championship after Mercedes sweep of Las Vegas Grand Prix LAS VEGAS (AP) — Max Verstappen cruised to a fourth consecutive Formula 1 championship Saturday night by finishing fifth in the Las Vegas Grand Prix. Verstappen needed only to finish ahead of Lando Norris of McLaren to give Red Bull a fourth straight driver championship. The Dutchman started fifth but was already up to second by the 10th lap around the street circuit that includes the famed Las Vegas Strip. Norris, who had to score at least three points more than Verstappen to extend the championship fight, finished sixth. The race was won by George Russell who was followed by Lewis Hamilton in the first 1-2 sweep for the Mercedes drivers since 2022. 'Wicked' and 'Gladiator' make gravity-defying theater debuts NEW YORK (AP) — “Wicked” and “Gladiator II” have debuted in theaters with a combined $270 million in ticket sales. Their worldwide performance breathed fresh life into global box office results that have struggled lately. Together the films turned the moviegoing weekend into one of the busiest of the year. Jon M. Chu’s lavish big-budget musical “Wicked,” starring Ariana Grande and Cynthia Erivo, debuted with $114 million domestically and $164.2 million globally. Ridley Scott’s “Gladiator II” is a sequel to his 2000 best picture-winning original and launched with $55.5 million in ticket sales. “Moana 2” is being released Wednesday, so it looks like Hollywood might be looking at historic sales over the Thanksgiving holiday. Jason Kelce's wife announces she is pregnant with the couple's fourth child Former Philadelphia Eagles center Jason Kelce's wife is announcing she's pregnant with the couple's fourth child. Kylie Kelce posted a photo on Instagram on Friday of the couple's three young daughters reacting to the news. The oldest daughter, Wyatt, appears to be cupping her head in shock. The middle daughter, Ellioette, is smiling. The youngest, Bennett, is in tears. A caption attached to the photo reads: “I feel like we captured a very accurate representation of how each of the girls feel about getting another sister. At least Ellie, mom and dad are on the same page!”Red Sox emerging as top Soto suitorElon Musk’s preschool is the next step in his anti-woke education dreams

Officials told to take measures to prevent KFD cases

The thrilling Thursday night showdown between the Detroit Lions and Green Bay Packers stole some luster from Week 14’s Sunday slate. Who knew that the Eagles and Panthers could deliver just as much drama? Here is what to know. For a fraction of a second, rookie wide receiver Xavier Legette held the shock of the NFL season in his hands. He had sprinted behind Darius Slay and C.J. Gardner-Johnson, and Bryce Young’s pass floated about 50 yards into his grasp. If he held on, the Carolina Panthers would have completed a 97-yard drive and led the Philadelphia Eagles, a two-touchdown favorite, with less 90 seconds left. The ball slipped through Legette’s fingers, and a horrific upset became a collective exhale in Philadelphia. The Eagles survived Young’s final, desperate push and won, 22-16, to avoid a humiliating end to their winning streak and maintain contact with the Detroit Lions in the race for the NFC’s top seed. The Eagles’ ninth consecutive victory was surprisingly difficult, but it revealed only minor cracks in their 11-2 record. It’s not shocking to see a team on a dominant stretch look flat against an also-ran. The primary takeaway may be further evidence that Bryce Young’s revitalization is for real. The close call, though, did surface some mild concerns. The Eagles’ inability to produce explosive plays stood out — Jalen Hurts threw for 108 yards, and Philadelphia managed only two gains of at least 20 yards. Slay and Gardner-Johnson are key veterans for Philadelphia’s culture, but they are also the clear weak points of Philadelphia’s dominant defense. (In Slay’s defense, he also batted away a pass from Adam Thielen on the game-sealing incompletion.) The most pressing issue may be veteran kicker Jake Elliott, who has become the JV version of Justin Tucker : a struggling mainstay too ingrained to easily move on from. Elliott missed a 52-yarder, which made him 0 for 5 this season on kicks from at least 50 yards. He also hooked an extra point wide before an offsides call on Carolina gave him reprieve. For a team whose realistic Super Bowl hopes could come down to a kick, that’s troubling. The Tampa Bay Buccaneers rewarded Baker Mayfield with a three-year, $100 million contract extension last offseason after he led them to an NFC South title and a playoff victory over the Eagles. Mayfield has proved his career resurgence is a not a one-year fluke. Tampa Bay’s 28-13 victory over the Las Vegas Raiders pushed them to 7-6 and, combined with the Falcons’ loss in Minnesota, into the NFC South lead. Mayfield threw for 295 and three touchdown passes. For the season, Mayfield ranks fourth in passing yards and is tied for third in touchdown passes. Mayfield’s gunslinging approach and rugged scrambling has given the Buccaneers an identity since they signed him off the scrap heap before last season. He’s only been better this year under new offensive coordinator Liam Coen. His competitiveness permeates the franchise. The Bucs are the only team to beat the Lions all year and one of two to beat the Eagles. They also took the Chiefs to overtime. If the Bucs make the playoffs, they can compete with anybody. Given that their final four opponents include the Panthers, Cowboys and Saints, it looks like they’ll get there. Sam Darnold built the best day of his NFL career Sunday by leaning on the best tandem of wide receivers in the league. In the Minnesota Vikings’ 42-21 destruction of the reeling Atlanta Falcons, Justin Jefferson (seven catches, 132 yards, two touchdowns) and Jordan Addison (eight catches, 133 yards, three touchdowns) combined for 15 catches, 265 yards and five touchdowns. Atlanta’s defense could not accomplish the reasonable task of slowing at least one of them down. But together, they are nearly unstoppable against any opponent. Jefferson, of course, might be the best wideout in the league. He scored his first touchdown in nearly two months Sunday and moved just ahead of Cincinnati’s Ja’Marr Chase, who plays Monday night, for the NFL lead in receiving yards with 1,170. Addison, a 2023 first-round pick who won the Biletnikoff Award in college, has punished defenses when they shift coverage toward Jefferson. His pedigree and production suggest that he could be a No. 1 wideout on most teams. Across from Jefferson, his quickness, great hands and knack for big plays is a nightmare. As the Vikings improved to 11-2, Darnold passed for 347 yards. Their defense leads the NFC in turnovers and picked off Kirk Cousins twice on Sunday. The Vikings will have to go on the road in the postseason if they can’t catch the Lions, but they will be tough to beat in January. The longer the season goes, the clearer it becomes that the Steelers belong on any short list of potential Super Bowl winners. They dominated the Browns, who under Jameis Winston are much better than their 3-10 record, in a 27-14 victory that pushed them to 10-3 and two games ahead of the Ravens in the AFC North. Pittsburgh has been expertly designed by Mike Tomlin, who should be the favorite for coach of the year , to win games. Only the Bills have a better point differential in the AFC than Pittsburgh’s plus-85. The Steelers lead the NFL in forced turnovers. While that can be a volatile statistic, it’s not an accident given the Steelers’ personnel and emphasis. “It’s not a lightning strike,” defensive coordinator Teryl Austin said this week. The Steelers instruct pass rushers to swat at the ball as quarterbacks throw. They set aside practice time for turnover-focused drills, including scooping rolling footballs off the turf. Offensive coordinator Arthur Smith and quarterback Russell Wilson have been perfect for each other. Smith’s system uses the running game as the foundation and relies on a quarterback utilizing play-action, moving out of the pocket and throwing deep, all of which are among Wilson’s strengths. Even without wideout George Pickens to create big plays and open space for others on Sunday, Wilson played efficient, mistake-free quarterback against a fierce defensive line. The Jets and Giants deserve credit for their creativity. In wretched seasons for both New York franchises, they continue to find new ways to reach new depths. The Jets blew an eight-point fourth quarter lead, moved back ahead of the Miami Dolphins with a last-minute field goal and still went to overtime after yielding a big kickoff return and an ensuing field goal drive. Their defense laid down on the first possession of overtime and gave up a touchdown that finalized a 32-26 loss that kept alive Miami’s faint playoff hopes. The Giants somehow overcame Drew Lock’s attempt to commit offensive football and drove to set up a 35-yard field goal attempt on what was essentially the game’s final play. Saints defensive tackle Bryan Bresee hopped over the line and blocked Graham Gano’s kick, sealing a 14-11 victory for the Saints that kept them within shouting distance in the NFC South. Field-Level View of the Bryan Bresee blocked FG 👀 📺: Next Sunday vs Commanders (Noon CT - FOX) pic.twitter.com/vpOPlbNUHO Another week, another two losses for the smoldering wreck that is New York football. The Jets and Giants are 5-21 combined, and neither team has won a game since Nov. 1. The Kansas City Royals have won more recently than the Giants. The Jets have fired their coach and general manager , and Brian Daboll and Joe Schoen — who hold those jobs for the Giants — may want to consult a realtor. The Giants at least have a silver lining. They strengthened their chances for the first overall pick. Not only did their loss drop them to 2-11, but the Jacksonville Jaguars beat the Tennessee Titans, 10-6, for their third victory of the season. Only the Raiders also have two victories, and the Giants are ahead of them on tiebreakers in the race to the bottom. As for the Jets’ future outlook? They, uh, have an Aaron Rodgers Netflix documentary to watch. There was an easy to play to miss during the Vikings’ victory that provided a window into how the league office is reacting to the surge in blocked field goals. As Vikings kicker Will Reichard booted a 39-yard field goal attempt, referees threw a flag on Kentavius Street, who had lined up across from the snapper, for defensive holding. Some special teams coordinators had questioned if block units had been either exploiting a rules loophole or violating a rule without being caught. Eighteen field goals have been blocked this year — including the kick Bresee deflected at the gun to clinch New Orleans’s 14-11 victory over the Giants — which is one more than all of last season. The flag shows the league could be cracking down on techniques that have led to blocked field goals through pressure up the middle. In the Minnesota example, the flag proved costly for Atlanta. Three plays after Vikings Coach Kevin O’Connell took three points off the board, Darnold hit Jefferson for a touchdown that gave Minnesota a lead it wouldn’t relinquish.Feeding with love: Area’s first free grocery market opens in Grove community

They’ve taken Q-commerce to villagesWomen will for the first time make up a majority of state legislators in Colorado and New Mexico next year, but at least 13 states saw losses in female representation after the November election, according to a count released Thursday by the Rutgers Center for American Women and Politics. While women will fill a record number of state legislative seats in 2025, the overall uptick will be slight, filling just over third of legislative seats. Races in some states are still being called. "We certainly would like to see a faster rate of change and more significant increases in each election cycle to get us to a place where parity in state legislatures is less novel and more normal," said Kelly Dittmar, director of research at the CAWP, which is a unit of the Eagleton Institute of Politics at Rutgers University. As of Wednesday, at least 2,450 women will serve in state legislatures, representing 33.2% of the seats nationwide. The previous record was set in 2024 with 2,431 women, according to the CAWP. The number of Republican women, at least 851, will break the previous record of 815 state lawmakers set in 2024. "But still, Republican women are very underrepresented compared to Democratic women," Debbie Walsh, director of the CAWP, said. From left, House Maj. Whip Reena Szczepanski, D-Santa Fe, Rep. D. Wonda Johnson, D-Church Rock and Rep. Cristina Parajon, D-Albuquerque, talk July 18 before the start of a special session, in Santa Fe, N.M. By the most recent count, 19 states will have increased the number of women in their state legislatures, according to the CAWP. The most notable increases were in New Mexico and Colorado, where women will for the first time make up a majority of lawmakers. In New Mexico, voters sent an 11 additional women to the chambers. Colorado previously attained gender parity in 2023 and is set to tip over to a slight female majority in the upcoming year. The states follow Nevada, which was the first in the country to see a female majority in the legislature following elections in 2018. Next year, women will make up almost 62% of state lawmakers in Nevada, far exceeding parity. Women in California's Senate will make up the chamber's majority for the first time in 2025 as well. Women also made notable gains in South Dakota, increasing its number by at least nine. Four of South Carolina's Sister Senators, from left, Sen. Margie Bright Matthews, D-Walterboro, Sen. Mia McLeod, I-Columbia, Sen. Katrina Shealy, R-Lexington, and Sen. Penry Gustafson, R-Camden, stand in front of the Senate on June 26 with their John F. Kennedy Profile in Courage award in Columbia, S.C. At least thirteen states emerged from the election with fewer female lawmakers than before, with the most significant loss occurring in South Carolina. This year, the only three Republican women in the South Carolina Senate lost their primaries after they stopped a total abortion ban from passing. Next year, only two women, who are Democrats, will be in the 46-member Senate. No other state in the country will have fewer women in its upper chamber, according to the CAWP. Women make up 55% of the state's registered voters. Half the members in the GOP dominated state were elected in 2012 or before, so it will likely be the 2040s before any Republican woman elected in the future can rise to leadership or a committee chairmanship in the chamber, which doles out leadership positions based on seniority. A net loss of five women in the legislature means they will make up only about 13% of South Carolina's lawmakers, making the state the second lowest in the country for female representation. Only West Virginia has a smaller proportion of women in the legislature. West Virginia stands to lose one more women from its legislative ranks, furthering its representation problem in the legislature where women will make up just 11% of lawmakers. Many women, lawmakers and experts say that women's voices are needed in discussions on policy, especially at a time when state government is at its most powerful in decades. Walsh, director of the CAWP, said the new changes expected from the Trump administration will turn even more policy and regulation to the states. The experiences and perspectives women offer will be increasingly needed, she said, especially on topics related to reproductive rights, healthcare, education and childcare. "The states may have to pick up where the federal government may, in fact, be walking away," Walsh said. "And so who serves in those institutions is more important now than ever." November 7, 2024: Trump Victory Stay up-to-date on the latest in local and national government and political topics with our newsletter.Nova Scotia charity serving 600 free turkey dinners for Christmas

Dana Hull | (TNS) Bloomberg News Jared Birchall, Elon Musk’s money manager and the head of his family office, is listed as the chief executive officer. Jehn Balajadia, a longtime Musk aide who has worked at SpaceX and the Boring Co., is named as an official contact. Related Articles National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own National Politics | President-elect Trump wants to again rename North America’s tallest peak But they’re not connected to Musk’s new technology venture, or the political operation that’s endeared him to Donald Trump. Instead, they’re tied to the billionaire’s new Montessori school outside Bastrop, Texas, called Ad Astra, according to documents filed with state authorities and obtained via a Texas Public Information Act request. The world’s richest person oversees an overlapping empire of six companies — or seven, if you include his political action committee. Alongside rockets, electric cars, brain implants, social media and the next Trump administration, he is increasingly focused on education, spanning preschool to college. One part of his endeavor was revealed last year, when Bloomberg News reported that his foundation had set aside roughly $100 million to create a technology-focused primary and secondary school in Austin, with eventual plans for a university. An additional $137 million in cash and stock was allotted last year, according to the most recent tax filing for the Musk Foundation. Ad Astra is closer to fruition. The state documents show Texas authorities issued an initial permit last month, clearing the way for the center to operate with as many as 21 pupils. Ad Astra’s website says it’s “currently open to all children ages 3 to 9.” The school’s account on X includes job postings for an assistant teacher for preschool and kindergarten and an assistant teacher for students ages 6 to 9. To run the school, Ad Astra is partnering with a company that has experience with billionaires: Xplor Education, which developed Hala Kahiki Montessori school in Lanai, Hawaii, the island 98% owned by Oracle Corp. founder Larry Ellison. Ad Astra sits on a highway outside Bastrop, a bedroom community about 30 miles from Austin and part of a region that’s home to several of Musk’s businesses. On a visit during a recent weekday morning, there was a single Toyota Prius in the parking lot and no one answered the door at the white building with a gray metal roof. The school’s main entrance was blocked by a gate, and there was no sign of any children on the grounds. But what information there is about Ad Astra makes it sound like a fairly typical, if high-end, Montessori preschool. The proposed schedule includes “thematic, STEM-based activities and projects” as well as outdoor play and nap time. A sample snack calendar features carrots and hummus. While Birchall’s and Balajadia’s names appear in the application, it isn’t clear that they’ll have substantive roles at the school once it’s operational. Musk, Birchall and Balajadia didn’t respond to emailed questions. A phone call and email to the school went unanswered. Access to high quality, affordable childcare is a huge issue for working parents across the country, and tends to be an especially vexing problem in rural areas like Bastrop. Many families live in “childcare deserts” where there is either not a facility or there isn’t an available slot. Opening Ad Astra gives Musk a chance to showcase his vision for education, and his support for the hands-on learning and problem solving that are a hallmark of his industrial companies. His public comments about learning frequently overlap with cultural concerns popular among conservatives and the Make America Great Again crowd, often focusing on what he sees as young minds being indoctrinated by teachers spewing left-wing propaganda. He has railed against diversity, equity and inclusion efforts, and in August posted that “a lot of schools are teaching white boys to hate themselves.” Musk’s educational interests dovetail with his new role as Trump’s “first buddy.” The billionaire has pitched a role for himself that he — and now the incoming Trump administration — call “DOGE,” or the Department of Government Efficiency. Though it’s not an actual department, DOGE now posts on X, the social media platform that Musk owns. “The Department of Education spent over $1 billion promoting DEI in America’s schools,” the account posted Dec. 12. Back in Texas, Bastrop is quickly becoming a key Musk point of interest. The Boring Co., his tunneling venture, is based in an unincorporated area there. Across the road, SpaceX produces Starlink satellites at a 500,000-square-foot (46,000-square-meter) facility. Nearby, X is constructing a building for trust and safety workers. Musk employees, as well as the general public, can grab snacks at the Boring Bodega, a convenience store housed within Musk’s Hyperloop Plaza, which also contains a bar, candy shop and hair salon. Ad Astra is just a five-minute drive away. It seems to have been designed with the children of Musk’s employees — if not Musk’s own offspring — in mind. Musk has fathered at least 12 children, six of them in the last five years. “Ad Astra’s mission is to foster curiosity, creativity, and critical thinking in the next generation of problem solvers and builders,” reads the school’s website. A job posting on the website of the Montessori Institute of North Texas says “While their parents support the breakthroughs that expand the realm of human possibility, their children will grow into the next generation of innovators in a way that only authentic Montessori can provide.” The school has hired an executive director, according to documents Bloomberg obtained from Texas Health and Human Services. Ad Astra is located on 40 acres of land, according to the documents, which said a 4,000-square-foot house would be remodeled for the preschool. It isn’t uncommon for entrepreneurs to take an interest in education, according to Bill Gormley, a professor emeritus at the McCourt School of Public Policy at Georgetown University who studies early childhood education. Charles Butt, the chairman of the Texas-based H-E-B grocery chain, has made public education a focus of his philanthropy. Along with other business and community leaders, Butt founded “Raise Your Hand Texas,” which advocates on school funding, teacher workforce and retention issues and fully funding pre-kindergarten. “Musk is not the only entrepreneur to recognize the value of preschool for Texas workers,” Gormley said. “A lot of politicians and business people get enthusiastic about education in general — and preschool in particular — because they salivate at the prospect of a better workforce.” Musk spent much of October actively campaigning for Trump’s presidential effort, becoming the most prolific donor of the election cycle. He poured at least $274 million into political groups in 2024, including $238 million to America PAC, the political action committee he founded. While the vast majority of money raised by America PAC came from Musk himself, it also had support from other donors. Betsy DeVos, who served as education secretary in Trump’s first term, donated $250,000, federal filings show. The Department of Education is already in the new administration’s cross hairs. Trump campaigned on the idea of disbanding the department and dismantling diversity initiatives, and he has also taken aim at transgender rights. “Rather than indoctrinating young people with inappropriate racial, sexual, and political material, which is what we’re doing now, our schools must be totally refocused to prepare our children to succeed in the world of work,” Trump wrote in Agenda 47, his campaign platform. Musk has three children with the musician Grimes and three with Shivon Zilis, who in the past was actively involved at Neuralink, his brain machine interface company. All are under the age of five. Musk took X, his son with Grimes, with him on a recent trip to Capitol Hill. After his visit, he shared a graphic that showed the growth of administrators in America’s public schools since 2000. Musk is a fan of hands-on education. During a Tesla earnings call in 2018, he talked about the need for more electricians as the electric-car maker scaled up the energy side of its business. On the Joe Rogan podcast in 2020, Musk said that “too many smart people go into finance and law.” “I have a lot of respect for people who work with their hands and we need electricians and plumbers and carpenters,” Musk said while campaigning for Trump in Pennsylvania in October. “That’s a lot more important than having incremental political science majors.” Ad Astra’s website says the cost of tuition will be initially subsidized, but in future years “tuition will be in line with local private schools that include an extended day program.” “I do think we need significant reform in education,” Musk said at a separate Trump campaign event. “The priority should be to teach kids skills that they will find useful later in life, and to leave any sort of social propaganda out of the classroom.” With assistance from Sophie Alexander and Kara Carlson. ©2024 Bloomberg News. Visit at bloomberg.com. Distributed by Tribune Content Agency, LLC.Assad In Moscow: Russian Media Confirms Syrian Prez’s Escape As Rebels Seize Damascus

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AP News Summary at 4:49 p.m. ESTPope Francis kicks off a yearlong Jubilee that will test his stamina and Rome's patience VATICAN CITY (AP) — Pope Francis has opened the great Holy Door of St. Peter's Basilica. The ceremony kicks off the 2025 Holy Year. It's a celebration of the Catholic Church that is expected to draw some 32 million pilgrims to Rome. And it will test the pope’s stamina and the ability of the Eternal City to welcome them. This begins the Christmas Eve Mass. The ceremony inaugurates the once-every-25-year tradition of a Jubilee. Francis has dedicated the 2025 Jubilee to the theme of hope. Bethlehem marks a second subdued Christmas Eve during the war in Gaza BETHLEHEM, West Bank (AP) — Bethlehem is marking another somber Christmas Eve under the shadow of war in Gaza. Manger Square lacked its usual festive lights and crowds of tourists on Tuesday. Instead, the area outside the Nativity Church was quiet. The church was built atop the spot where Jesus is believed to have been born. The war, the violence in the occupied West Bank it has spurred and the lack of festivities has deeply hurt Bethlehem's economy. The town relies heavily on Christmas tourism. The economy in the West Bank was already reeling because of restrictions placed on laborers preventing them from entering Israel during the war. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about one hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by an issue with a vendor technology that maintains its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled. Middle East latest: Israeli raid and airstrikes in West Bank kill at least 8 Palestinians The Palestinian Health Ministry says at least eight people were killed by Israeli military operations in the northern West Bank. The ministry said three of the dead were killed by Israeli airstrikes. The attacks took place around the city of Tulkarem and nearby refugee camps. The Israeli military said it opened fire after militants attacked soldiers, and it was aware of some uninvolved civilians who were harmed in the raid. Elsewhere in the occupied West Bank, the Palestinian city of Bethlehem was marking a somber Christmas Eve under the shadow of the war in Gaza. Most festivities were cancelled and crowds of tourists were absent. Caitlin 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. NFL players who use platform to share their faith say it's their duty to spread their love of Jesus ALLEN PARK, Mich. (AP) — Jake Bates was standing on the turf in his hometown of Houston when asked to reflect on an unlikely journey from learning how to sell bricks to making game-winning kicks for the Detroit Lions. Bates used his platform as an NFL player to spread his love of Jesus. A month later, Bates told The Associated Press it is a duty to share his faith. The NFL is filled with players and coaches who feel the same way, such as Houston's C.J. Stroud, Atlanta's Kirk Cousins, and Lamar Jackson and John Harbaugh of the Baltimore Ravens. Major storm pounds California's central coast, blamed for man's death and partially collapsing pier SANTA CRUZ, Calif. (AP) — A major storm has pounded California’s central coast bringing flooding and high surf that was blamed for fatally trapping a man beneath debris on a beach and later partially collapsing a pier, tossing three people into the Pacific Ocean. The storm was expected to bring hurricane-force winds and waves up to 60 feet Monday as it gained strength from California to the Pacific Northwest. Some California cities have ordered beachfront homes and hotels to evacuate early Monday afternoon. Forecasters have warned that storm swells would continue to increase throughout the day. Medellin Cartel victims demand truth and justice as cartel boss Fabio Ochoa walks free in Colombia BOGOTÁ, Colombia (AP) — The return of the notorious drug trafficker Fabio Ochoa to Colombia, following his deportation from the United States, has reopened old wounds among the victims of the Medellin cartel, with some expressing their dismay at the decision of Colombian authorities to let the former mafia boss walk free.Some of the cartel victims said on Tuesday that they are hoping the former drug lord will at least cooperate with ongoing efforts by human rights groups to investigate one of the most violent periods of Colombia’s history, and demanded that Colombian prosecutors also take Ochoa in for questioning. Man arraigned on murder charges in NYC subway death fanned flames with a shirt, prosecutors say NEW YORK (AP) — Prosecutors say a man accused of burning a woman to death inside a New York City subway train used a shirt to fan the flames, causing her to become engulfed. The suspect, identified by police as Sebastian Zapeta, was arraigned in Brooklyn criminal court on Tuesday. He faces murder charges that could put him in prison for life. Federal immigration officials say 33-year-old Zapeta is a Guatemalan citizen who entered the U.S. illegally after being deported in 2018. The apparently random attack occurred Sunday morning on a stationary F train at the Coney Island station in Brooklyn. Amsterdam court sentences 5 men over violence linked to Ajax-Maccabi soccer game THE HAGUE, Netherlands (AP) — An Amsterdam District Court has issued sentences of up to six months in jail against 5 men who were involved in violent disorder after a soccer match between the Dutch club Ajax and Israel’s Maccabi Tel Aviv in November. The riots caused an international outcry and accusations of deliberate anti-Semitic attacks. The violence following a UEFA Europa League match left 5 people in hospital. More than 60 suspects were detained. The court on Tuesday sentenced one man to 6 months in prison, another to 2 1/2 months, two to 1 month and one to 100 hours of community service.

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US stocks traded mostly higher on Monday, with technology stocks helping the Nasdaq and the S&P 500 hit records as members of the Federal Reserve talked about the potential for another interest rate cut later this month. Fed President Raphael Bostic told reporters on Monday that while he's undecided on whether to cut rates at the Fed's FOMC meeting on December 18, he's keeping his "options open." "The risks to achieving the committee's dual mandates of maximum employment and price stability have shifted such that they are roughly in balance, so we likewise should begin shifting monetary policy toward a stance that neither stimulates nor restrains economic activity," Bostic wrote in an essay released on Monday. Meanwhile, Fed Governor Christopher Waller said Monday that he is "leaning toward" an interest rate cut. "Based on the economic data in hand today and forecasts that show that inflation will continue on its downward path to 2 percent over the medium term, at present I lean toward supporting a cut to the policy rate at our December meeting," said at a forum in Washington. According to the CME FedWatch Tool, markets see a 77% chance of a Fed rate cut at the December 18 FOMC meeting. That chance was at 65% earlier this morning. With the third-quarter earnings season mostly over, investors will turn their attention to economic data as the holiday shopping season heats up. The retail deal season continued following Black Friday, with Cyber Monday deals set to take over this week. According to data from Mastercard Spending Pulse, there was a 3.4% year-over-year increase in US retail sales on Black Friday, which included both in-person and online sales. The bulk of the Black Friday sales gains came from online sales, which were up 14.6%, compared to just a 0.7% increase in in-store sales, according to Mastercard. "Black Friday was a good indicator of how the holiday season is positively shaping up," said Michelle Meyer, chief economist at Mastercard Economics Institute. "Our real-time insights show that consumers are comfortably in the gift-giving spirit as price reductions and deals occur across sectors, supporting budgets for holiday shopping." Turning to economic data this week, investors will be eyeing November auto sales data on Tuesday, ADP employment data on Wednesday, and the November jobs report on Friday. The November nonfarm payroll report on Friday will be a particularly important input for the Fed's next policy decision as it looks to gauge how much it needs to do to prop up the economy. Economists expect 214,000 added in November, for a spike in hiring activity following October's dismal reading of 12,000 new hires. Read the original article onTrump signals an aggressive opening, threatening 'jail' for Cheney and othersJAMES CITY — Grove Christian Outreach Center on Wednesday opened the first free grocery market in the Williamsburg area for families facing food insecurity. Christened The Gathering Place, the new marketplace inside the center at 8880 Pocahontas Trail provides a free shopping experience to families who need a little extra help. Replacing the center’s original food pantry program, the market provides families with fresh produce options while also helping prevent food waste by having them pick according to their own preferences. During a ribbon-cutting ceremony, Terry Banez, CEO of the Greater Williamsburg Chamber of Commerce, congratulated Grove Christian Outreach Center Executive Director Katie Patrick and her team for their efforts in creating the market. “What an amazing and beautiful place, and we wish you much success,” Banez said. “It’s really phenomenal what you’ve all done.” The Gathering Place saw much support in its fruition. Along with donations from community and business partners, the center was selected for Food Lion Feeds’ annual event, The Great Pantry Makeover. This saw Food Lion associates volunteer in completing the center’s buildout while also stocking shelves with over 3,000 pounds of shelf-stable food. Likewise, the Williamsburg Health Foundation provided funding for the market’s installation of new refrigeration systems for fresh produce storage. The approximately 2,000-square-foot space that makes up the market was previously the service room for the original Grove Community Church. “The pastor and his wife were founders of Grove Christian Outreach Center. The church was still meeting here and just over the years, the last several years, we recognized the need for the space,” Patrick said. The Gathering Place joins the nonprofit center’s 20-plus years of feeding families in the Williamsburg area, as well as providing clothing, school supplies, financial assistance, holiday programs, transportation and more. Last year, the center served nearly 32,000 people through various programs. It provided over 1,000 food pantry visits to area families last month alone. Patrick expressed the importance of providing a meaningful shopping experience for those who are struggling to put food on the table. Families qualify to receive services based on need. “If I have to stand in line for food, I really want to get food that my kids are going to eat, that’s meaningful to me and the culture that my family celebrates ... and that I am not going to throw away,” Patrick said. “I love making sure people are well fed. If you guys have never heard me say it, food is love. It’s how we show up in the world, and it means a lot.” Stephanie Kalantarians, chair of the center’s board of directors, said there is a real need to help those with food insecurity that goes beyond the Grove community. Someone is generally considered to have food insecurity when they lack access to a sufficient quantity of affordable, nutritious food. “We’re serving the Grove community, but I think it’s so important for people to have an awareness that this need exists in your community,” Kalantarians said. “And the need is increasing, doubling, in years time.” For more information, call 757-887-1100 or visit groveoutreach.com . Donations and volunteers are continuously welcomed. James W. 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