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Thomas scores 25 as Austin Peay defeats Georgia State 62-50Father who pleaded with pediatrician ex-wife not to 'chemically castrate' their son, 9, is dealt crushing blowWall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.8% Wednesday to break a two-day losing streak and finished just short of its all-time high. Big Tech stocks led the way, which drove the Nasdaq composite up 1.8% to top the 20,000 level for the first time. The Dow Jones Industrial Average lagged with a dip of 0.2%. Stocks got a boost as expectations built that the Fed will deliver another cut to interest rates at its meeting next week. On Wednesday: The S&P 500 rose 49.28 points, or 0.8%, to 6,084.19. The Dow Jones Industrial Average fell 99.27 points, or 0.2%, to 44,148.56. The Nasdaq composite rose 347.65 points, or 1.8%, to 20,034.89. The Russell 2000 index of smaller companies rose 11.38 points, or 0.5%, to 2,394.16. For the week: The S&P 500 is down 6.08 points, or 0.1%. The Dow is down 493.96 points, or 1.1%. The Nasdaq is up 175.12 points, or 0.9%. The Russell 2000 is down 14.84 points, or 0.6%. For the year: The S&P 500 is up 1,314.36 points, or 27.6%. The Dow is up 6,459.02 points, or 17.1%. The Nasdaq is up 5,023.54 points, or 33.5%. The Russell 2000 is up 367.09 points, or 18.1%.XRX Stock News – Lead Plaintiff Deadline Approaching – Robbins LLP Urges Investors with Large Losses to Seek Counsel in the Xerox Holdings Corporation Class Action

House approves $895B defense bill with military pay raise, ban on transgender care for minorsLately, when I find myself feeling a little too calm about things, I’ve taken to reading the Reddit subreddit r/singularity to help swing my equilibrium back to its natural state of intense panic. This is a place where activity has flourished in recent months, as community members feverishly discuss the day’s ever-increasing developments in artificial intelligence and casually argue about the date they expect computers to officially exceed all human control. “AGI by the end of 2025” predicted a top ranking post on the subreddit this week, referencing the stage of singularity when “artificial general intelligence” – the point at which computers can perform any intellectual task that a human can – is reached. The excitement was caused by OpenAI’s announcement that its o3 system can now reason through maths, science and computer programming problems, which are three things I definitely can’t do. We had the chance to give computers less control, and instead we gave them more. Credit: iStock It got me thinking: we should have just let the Y2K bug win, hey? There we were, exactly 25 years ago, gifted with a date glitch that would’ve sent us warmly back to the 1900s, when life was simple and butter was churned in the backyard. But instead we panicked, worried that nuclear plants would melt down, planes would fall out of the sky, ATMs would erase all our savings, and like Bill Pullman in Independence Day we chose to fight. Now, 25 years on and with robot overlords breathing down our necks, it feels like a fork-in-the-road moment where we Robert Frosted the wrong way. We had the chance to give computers less control, and instead we gave them more. Dummy move! Perhaps because I’d just turned legal drinking age, or perhaps because I was watching Buffy religiously instead of following the news, I don’t remember feeling too concerned about the Y2K bug. What did I care if computers thought it was 1900 instead of 2000? Life across those 100 years wasn’t that different. In 1999, I still walked everywhere; I still did school exams in pencil; I still developed 35mm film negatives for my day job like Thomas Edison in his laboratory. Computers might’ve been around, but they weren’t such a part of our lives as they are now. I’d go whole days without touching one sometimes, except to play Grim Fandango . We were so close, as this archival shot from the film Time Bomb Y2K shows. Not to get all John Lennon, but imagine there were no computers. I wouldn’t miss them. I’d be sitting by a river bank right now, writing this column in salmon blood with my index finger. We’d all be so close to nature we could taste it, like the kid from Into the Wild . Maybe we’d die eating berries, but we’d live eating berries, too. If computers had died in 1999, we wouldn’t have social media either, the worst experiment in humankind since lobotomies. Instead we’d just have polite conversation with whoever was in our vicinity and/or crushing loneliness, both preferable options. If Y2K had happened, industry would be thriving too. No computers means no factory closures means no Donald Trump, it’s a simple equation. Loading And not just manual industries, but creative ones too. If computers had died, music might still be a viable artistic career. I know this because in 1999 it would take me four days to download one Talib Kweli song, whereas today I just skimmed through his full life’s work during a toilet break. No one should have such carefree access to an artist’s entire life work, especially during a bowel movement. It’s not right. Maps. Street directories. The Yellow Pages. Privacy. Look at all the things we lost because, 25 years ago, we chose to save computers instead. A worthwhile exchange? I don’t know, maps were fun to fold. You can’t fold a GPS, you can just yell at its ignorant directions. “But what about the hospitals?” you’re probably saying. “Hospitals need computers.” Yes, I’m sure computers have saved more lives than the cast of Bondi Rescue , and the result is overpopulation. To paraphrase Paris Hilton, sometimes you just have to leave the party. The people of 1900, aprons splattered in freshly churned butter, understood this. As you can see, the Y2K bug got an unnecessarily bad rap in 1999. The good news is that we have another chance to get it right in 2038, when at 03:14:08 UTC on 19 January 2038, computer systems running on Unix time will suddenly revert to 20:45:52 on Friday, 13 December 1901. It’s called the Year 2038 Problem , which isn’t as catchy as Y2K, but it’ll do. Butter churning, here I come. To read more from Spectrum , visit our page here . Get a weekly wrap of views that will challenge, champion and inform your own. Sign up for our Opinion newsletter . Save Log in , register or subscribe to save articles for later. License this article The Verdict Spectrum For subscribers Robert Moran is Spectrum Deputy Editor at The Sydney Morning Herald. Connect via email . Most Viewed in Culture LoadingWorkday called for a 25% adjusted operating margin in the current quarter, below Wall Street’s estimate of 25.5%.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. Stock market today: Stocks drift higher as US markets reopen after a holiday pause Stocks are drifting higher on Wall Street in light trading as U.S. markets reopen following the Christmas holiday. The S&P 500 and Nasdaq composite were up by less than 0.1% in midday trading Thursday. The Dow Jones Industrial Average was up 0.1%. Gains in technology companies overall and retailers helped boost the market, despite a pullback by some heavyweight Big Tech stocks. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Treasury yields rose. U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. 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 didn't immediate respond to questions about the WHO chief's statement. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose. Finland stops Russia-linked vessel over damaged undersea power cable in Baltic Sea FRANKFURT, Germany (AP) — Finnish police say authorities detained a ship linked to neighboring Russia as they investigate whether it damaged a Baltic Sea power cable and several data cables. It was the latest incident involving disruption of key infrastructure. Police and border guards boarded the Eagle S and took control as they investigate damage to the Estlink-2 undersea power cable. The cable brings electricity from Finland to Estonia across the Baltic Sea. The cable went down on Wednesday. The incident follows damage to two data cables and the Nord Stream gas pipelines. Both have been termed sabotage. Russian ship that sank in the Mediterranean was attacked, owner says MOSCOW (AP) — The Russian operator of a cargo ship that sank in the Mediterranean Sea between Spain and Algeria says it has been hit by a series of explosions in an act of sabotage. Oboronlogistica is a state-controlled company that operated the Ursa Major freighter. The company said the vessel was wrecked by three powerful explosions just above the water line in what it described as a “terrorist attack” that caused it to sink on Monday. The company said in a statement carried by Russia’s state RIA Novosti news agency on Thursday that the explosions left a hole in the ship’s starboard and filled the engine room with acrid smoke. That hampered the crew’s attempts to access it. Undersea power cable linking Finland and Estonia hit by outage, prompting investigation FRANKFURT, Germany (AP) — Finland’s prime minister says authorities are investigating an interruption in a power cable under the Baltic Sea between his country and Estonia. Petteri Orpo said on X that power transmission through the Estlink-2 cable suffered an outage Wednesday. Authorities have been on edge about undersea infrastructure in the Baltic after two international data cables were severed in November and the Nord Stream gas pipelines between Russia and Germany were blown up in September 2022. Japan to maximize nuclear power in clean-energy push as electricity demand grows TOKYO (AP) — A Japanese government panel has largely supported a draft energy policy calling for bolstering renewables up to half of Japanese electricity needs by 2040. It also recommends maximizing the use of nuclear power to accommodate the growing demand for power in the era of AI while meeting decarbonization targets. Cabinet is expected to formally approve the plan by March following a period of public consultation. The policy says nuclear energy should account for 20% of Japan’s energy supply in 2040, with renewables expanded to 40-50% and coal-fired power reduced to 30-40%. Working Well: Returning to the office can disrupt life. Here are some tips to navigate the changes NEW YORK (AP) — Thousands of workers are facing an unsettling reality heading into 2025. After years of working from the comfort of home, they're being told it’s time to return to the office full-time for the first time since the coronavirus pandemic. That can bring a host of challenges, including losing time with family. Workers at Amazon, AT&T and other companies have been called back to the office five days a week. Experts have advice to share about how to navigate the changes when an employer calls you back to the office. Workers can convey what they need, seek flexibility and if all else fails, consider other options. US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high WASHINGTON (AP) — The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. The US Labor Department reported Thursday that jobless claim applications ticked down by 1,000 to 219,000 for the week of Dec. 21. That’s fewer than the 223,000 analysts forecast. Continuing claims, the total number of Americans collecting jobless benefits, climbed by 46,000 to 1.91 million for the week of Dec. 14. That’s more than analysts projected and the most since the week of Nov. 13, 2021. Weekly applications for jobless benefits are considered representative of U.S. layoffs.

NoneNEWS HIGHLIGHTS: LEHI, Utah and SHERMAN, Texas , Dec. 20, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce today announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August 2024 . The funding will help support three of TI's new 300mm wafer fabs currently under construction in Texas and Utah. Support from the CHIPS Act, including the 25% investment tax credit, will help TI provide a geopolitically dependable supply of essential analog and embedded processing semiconductors. "As the largest analog and embedded processing semiconductor manufacturer in the U.S., TI is uniquely positioned to provide dependable, low-cost 300mm semiconductor manufacturing capacity at scale," said Haviv Ilan, president and CEO of Texas Instruments. "The increasing number of electronic devices in our lives depend on our foundational chips, and we appreciate the support from the U.S. government to make the semiconductor ecosystem stronger and more resilient." The CHIPS Act direct funding will support TI's investments through 2029 for three large-scale 300mm wafer fabs in Sherman, Texas (SM1 and SM2), and Lehi, Utah (LFAB2). Together, these fabs will manufacture tens of millions of analog and embedded processing chips every day that are critical to a variety of end markets, including automotive, industrial, personal electronics, communications equipment and enterprise systems. Specifically, the CHIPS Act direct funding will be distributed upon completion of project milestones, supporting: These connected, multi-fab sites in Texas and Utah will benefit from shared infrastructure, talent and technology sharing, and a strong network of existing suppliers and community partners. Combined, TI's three new fabs in Texas and Utah will create 2,000 company jobs, along with thousands of indirect jobs for construction, suppliers and supporting industries. TI is also investing in building its future workforce. As part of the CHIPS Act award agreement, TI will also receive up to $10 million for workplace development efforts in Texas and Utah . Consistent with TI's longstanding commitment to responsible, sustainable manufacturing and environmental stewardship, the company's 300mm wafer fabs will be entirely powered by renewable electricity. Additionally, TI is committed to reducing overall water consumption across its operations, endeavoring to achieve a 70% water reuse capability in Sherman, Texas , and Lehi , Utah. All of TI's new 300mm fabs are also designed to meet LEED Gold standards for structural efficiency and sustainability. Learn more: Notice regarding forward-looking statements This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe TI's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. See Item 1A of TI's most recent Form 10-K for a detailed discussion of risk factors that could cause results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. If we do update any forward-looking statement, you should not infer that we will make additional updates with respect to that statement or any other forward-looking statement. About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/texas-instruments-announces-award-agreement-for-chips-and-science-act-funding-302337541.html SOURCE Texas Instruments Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. Feel free to cancel any time via the unsubscribe link in the newsletter you received. You can also control your newsletter options via your user dashboard by signing in.What to know about suspect’s arrest