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Minnesota schools’ cellphone bans getting closer scrutiny, including from students
Donald Trump has recently tapped a former Trump administration official, who was allegedly caught on camera at the Capitol on January 6, to help his transition team with hiring. Pete Marocco, who served in the Department of Defense, State and Commerce under Trump, was seen at Trump’s headquarters in Florida this past week conducting interviews and assisting with the hiring process, Politico reported on Monday. His arrival also comes nearly a month after a group of online sleuths, called Sedition Hunters, claimed they identified Marocco and his wife at the Capitol on January 6. The group has used social media, video footage and facial recognition software to identify more than 1,000 people present that day. Marocco called the claim a “petty smear tactic” when asked about it by D Magazine . Marocco nor his wife have been charged with any crimes in relation to January 6. Marocco was accused of fostering a toxic work environment and mistreating staff, several then-government officials said. Two unnamed officials told Politico that Marocco consistently undermined career staffers. Frustrations with Marocco led employees within the U.S. Agency for International Development (USAID) to draft a 13-page memo about their grievances. Marocco eventually took a leave of absence, though it is unclear for how long. The Independent has asked the Trump team for comment Karoline Leavitt, the incoming White House Press Secretary told Politico in a statement that Marocco’s “valuable knowledge on national security policy has been a tremendous benefit to the Trump–Vance transition effort.” “Democrats and their allies in the media who think they are going to obstruct our ability to deliver on this mandate by going back to the same January 6 playbook of smears and faux outrage that was soundly rejected by the American people will be disappointed,” Leavitt said in the statement. President-elect Trump has repeatedly downplayed violence that took place on January 6, calling it a day of “peace and love” . Though some, including federal prosecutors, have accused Trump of instigating the riots by spreading lies about the integrity of the 2020 election, the president-elect has rejected that. Trump has thus far promised to pardon rioters charged with crimes for their actions that day.
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HARRISBURG, Pa. (AP) — Democratic of Pennsylvania conceded his reelection bid to Republican on Thursday, as a statewide recount showed no signs of closing the gap and his campaign suffered repeated blows in court in its effort to get potentially favorable ballots counted. Casey’s concession comes more than two weeks after Election Day, as a grindingly slow ballot-counting process became a spectacle of hours-long election board meetings, social media outrage, lawsuits and accusations that some county officials were openly flouting the law. Republicans had been claiming that Democrats were trying to steal McCormick’s seat by counting “illegal votes.” Casey’s campaign had accused of Republicans of trying to block enough votes to prevent him from pulling ahead and winning. In a statement, Casey said he had just called McCormick to congratulate him. “As the first count of ballots is completed, Pennsylvanians can move forward with the knowledge that their voices were heard, whether their vote was the first to be counted or the last,” Casey said. The Associated Press the race on Nov. 7, concluding that not enough ballots remained to be counted in areas Casey was winning for him to take the lead. As of Thursday, McCormick led by about 16,000 votes out of almost 7 million ballots counted. That was well within the 0.5% margin threshold to trigger an automatic statewide recount under Pennsylvania law. But no election official expected a recount to change more than a couple hundred votes or so, and Pennsylvania’s highest court dealt him a blow when it refused entreaties to allow counties to count mail-in ballots that lacked a correct handwritten date on the return envelope. Republicans will have a 53-47 majority next year in the U.S. Senate.
Walmart becomes latest – and biggest – company to roll back its DEI policies
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Dragon Claws The words of the holiday-shortened week on Wall Street were "tariffs" and "inflation." Despite some concerns around the two, U.S. equities eventually logged their second straight weekly gain, with the benchmark S&P 500 ( SP500 ) ending at a record close . Market participants got a taste of what is to come under Donald Trump's second administration, after the President-elect said he would levy 25% tariffs on goods coming from Mexico and Canada. He'll also look to charge an additional 10% tax on products from China, which would be above any additional tariffs. A day before the Thanksgiving holiday, traders received a flurry of economic data. That included an unrevised updated estimate on U.S. Q3 GDP growth of 2.8% , and October's reading on the core personal consumption expenditures price index - widely seen as the Federal Reserve's preferred inflation gauge. The data came in slightly hot , and showed that the Fed isn't out of the woods yet when it came to inflation. The Fed's minutes of its November monetary policy committee meeting showed policymakers discussing the possibility of pausing rate cuts if inflation remains too elevated. For the week, the S&P ( SP500 ) climbed +1.1% , while the Nasdaq Composite ( COMP:IND ) also added +1.1% . The Dow ( DJI ) gained +1.4% . Read a preview of next week's major events in Seeking Alpha's Catalyst Watch. Seeking Alpha's Calls Of The Week From Buy To Sell: Disney's ( DIS ) Trump Recession Risk . Concrete Pumping ( BBCP ) Shares Are Too Cheap To Ignore . Has A Bargain Opportunity Arrived For Super Micro ( SMCI )? Risky Bets: MicroStrategy ( MSTR ) Is A Dangerous Gamble . Zoom ( ZM ) Growth Rates Are Unlikely To Support Valuation . New Strong Buy: Blue Bird ( BLBD ) Set To Take A Ride Higher . 5 Reasons Bristol-Myers Squibb ( BMY ) Looks Good Now . Another Upgrade: Nvidia ( NVDA ) Fortune Favors Patience . Moderna's ( MRNA ) Fresh Blow As RFK Heads To HHS . Schwab U.S. Dividend Equity ETF ( SCHD ): Here's How Much You Need To Retire . U.S. Indices Dow +1.4% to 44,911. S&P 500 +1.1% to 6,032. Nasdaq +1.1% to 19,218. Russell 2000 +1.1% to 2,434. CBOE Volatility Index -11.4% to 13.51. S&P 500 Sectors Consumer Staples +1.5% . Utilities +1.7% . Financials +1.1% . Telecom +1.9% . Healthcare +2.1% . Industrials +0.9% . Information Technology +0.3% . Materials +0.7% . Energy -2% . Consumer Discretionary +2.3% . Real Estate +2% . World Indices London +0.3% to 8,287. France -0.3% to 7,235. Germany +1.6% to 19,626. Japan -0.4% to 38,149. China +1.8% to 3,326. Hong Kong +1% to 19,424. India +0.8% to 79,743. Commodities and Bonds Crude Oil WTI -4.4% to $68.14/bbl. Gold -1.9% to $2,673.9/oz. Natural Gas +7.6% to 3.368. Ten-Year Bond Yield -0.2 bps to 4.178. Forex and Cryptos EUR/USD +1.53% . USD/JPY -3.22% . GBP/USD +1.64% . Bitcoin -0.8% . Litecoin +2.2% . Ethereum +6.5% . XRP +24.4% . Top S&P 500 Gainers Ulta Beauty ( ULTA ) +14% . Moderna ( MRNA ) +13% . Enphase Energy ( ENPH ) +12% . Ralph Lauren ( RL ) +12% . Copart ( CPRT ) +11% . Top S&P 500 Losers Dell Technologies ( DELL ) -8% . Autodesk ( ADSK ) -7% . HP ( HPQ ) -7% . NVIDIA ( NVDA ) -6% . Intuit ( INTU ) -5% . Where will the markets be headed next week? Current trends and ideas? Add your thoughts to the comments section.
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In the weeks leading up to the Nov. 5 election , the vast majority of Colorado voters felt like they had more in common with their neighbors than not, according to a recent poll from the Colorado Polling Institute. The poll of 822 Colorado voters from Oct. 25 to Nov. 4 was conducted via calls and online. The margin of error of the survey is plus or minus 3.42%. “Coloradans may not agree on everything, but large majorities agree the state has a bright future and a common set of values that guide us,” said Kevin Ingham, principal of Aspect Strategic, according to a news release about the poll. About 77% of those interviewed said they believe that “Coloradans have more in common than what divides us,” compared to only 23% who disagree with that sentiment, according to the results. The poll found that half of all respondents believed the state is headed in the “right direction.” That’s a slightly higher share compared to the last time the question was asked in March. People who have lived in the state for over 20 years felt the least optimistic about the future of the state, with nearly half of that group saying they feel the state is “off on the wrong track.” Donald Trump voters in Colorado also felt significantly less positive about the future of the state compared to Kamala Harris voters. Responses also showed those who were polled have three top priorities for state lawmakers in the next state legislative session. Health care costs were the highest ranked issue with 48% of respondents saying it was their top priority. Illegal immigration was ranked second highest with 47% saying it was their highest concern. Affordable housing was the third highest with 46% marking it as their primary issue. More than nine in 10 respondents said the laws passed by the state legislature impact their lives either directly or indirectly. Gov. Jared Polis was ranked as very popular in the poll with 54% of respondents saying they have a favorable view of the governor. About 55% of voters said they feel the Democratic Party is out of touch with them, compared to 66% who said the same about the Republican Party. Three out of four Republican voters in the state said they are more of a supporter of President-elect Donald Trump than the traditional Republican Party. The poll honed in on voters unaffiliated with any political party, a group that is growing in the state. About a third of those unaffiliated voters said they feel both parties are out of touch with them. Seventy percent of the unaffiliated voters said it isn’t easy for them to find unbiased information about what is happening in politics.Lady Panthers lean on defensive intensity and veteran leadership