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What's New? America's billionaires enjoyed a stellar 2024, their collective net worth soaring by hundreds of billions of dollars on the back of a sustained boom in the tech sector. According to the Bloomberg Billionaires Index, which ranks daily the world's wealthiest individuals, nine out of the 10 individuals who saw the largest growth in their net worth since January are U.S. citizens. Elon Musk , the South African-born CEO of SpaceX , Tesla , and X (formerly Twitter), saw his net worth skyrocket by an astounding $222 billion for a total of $451 billion as of December 24. His shares in Tesla, which make up a significant portion of his total fortune, have grown by 81 percent over the same period. Taken together, the 10 centibillionaires—which included perennial frontrunners Mark Zuckerberg and Jeff Bezos —notched an additional $730 billion onto their collective net worth in 2024, a few billion shy of Taiwan's GDP. Why It Matters The staggering accumulation of wealth—boosted in early November by the re-election of Donald Trump and a surge in U.S. stocks—sheds light on the dynamics of economic inequality in the U.S. and its broader implications. These debates had already been ignited by the impacts of inflation and wage stagnation as suffered by America's middle- and working-classes, and in the past such high figures have prompted calls for higher taxation on the super-wealthy, as well as examinations into the influence of money in the American political system. What To Know The individuals on Bloomberg's list, ranked by the increase in their net worth over the past 12 months, are: Elon Musk (+$222 billion), Mark Zuckerberg (+$84 billion), Nvidia founder Jensen Huang (+$77.9 billion), Jeff Bezos (+$67 billion), Larry Ellison (+$67 billion), Michael Dell (+$46.6 billion), Larry Page ($46.1 billion), Sergey Brin (+$42.2 billion), and Walmart heirs Jim (+$39.6 billion) and Alice Walton (+$39.0 billion). The nature of the billionaires on Bloomberg's list also highlights the outsized and growing impact of technology on the global economy today, nearly all of the billionaires deriving their wealth from ownership of companies in this sector. The global reach of communication technologies, and the high scalability of companies dealing in cutting edge tech, means that businesses positioned at the forefront of the digital transformation are poised to reap even greater rewards, promising today's billionaires even greater fortunes in the future. On the other end of the spectrum, the continued downturn in the luxury goods sector has seen many well-known billionaires shed significant portions from their net worth. Bernard Arnault, the founder and CEO of LVMH who once held the title of the world's richest person, saw his wealth decline by $32 billion in 2024. Arnault is followed by Françoise Bettencourt Meyers, businesswoman and heiress to the L'Oréal fortune, whose net worth sank by $25.6 billion so far this year. What People Are Saying Peter Oppenheimer , Chief Global Equity Strategist and Head of Macro Research in Europe at Goldman Sachs, spoke to financial outlet Boring Money about the future of the tech boom: "The drivers of this success have reflected their ability to leverage software and cloud computing and to fuel high profitability generated by extraordinary demand growth. But their more recent surge in performance since 2022 owes much to the hopes and aspirations around AI." What Happens Next? Some analysts have likened the tech boom to the dot-com bubble of the late 1990s and early 2000s, and warned that this too could burst, hurting those who hedged their fortunes on the transformative power of AI. For now, however, technology appears to have triggered an unparalleled rise in net worth for those at the pinnacle, leading to levels of individual wealth never before seen in history. Do you have a story we should be covering? Do you have any questions about this article? Contact LiveNews@newsweek.com.One of the key factors driving the initial surge in Chinese concept stocks was the influx of retail investors, both from within China and overseas. The allure of high growth potential and exciting new technologies drew in a wave of eager investors looking to capitalize on the boom in the Chinese market. This influx of new capital created a self-reinforcing cycle of rising stock prices, as more investors piled in, driving prices even higher.Romanian Prime Minister Marcel Ciolacu appears to be leading in the initial round of the national presidential election, according to exit polls released on Sunday. Ciolacu has secured 25% of the vote, positioning him ahead of centre-right leader Elena Lasconi at 18%. Hard-right contenders Calin Georgescu and George Simion closely follow, with 16% and 15% respectively. The current data doesn't account for votes cast by the large Romanian diaspora, who could play a crucial role in shaping the ultimate outcome. While analysts anticipate Ciolacu will surpass Simion in a final face-off, they acknowledge that the social democrat might face challenges against Lasconi in the runoff scheduled for December 8. (With inputs from agencies.)lucky me noodles price

Middle East latest: Israeli ministers approve a ceasefire deal with Hezbollah

The American Athletic Conference is the only Football Bowl Subdivision league whose championship game matchup is set: Army vs. Tulane. The final week of the regular season will determine pairings for the other eight conferences. Here’s a look at the possible matchups in the Power Four and Group of Five. All championship games are Dec. 7 except in the AAC, Conference USA and Mountain West, which will be played Dec. 6. ACC at Charlotte, North Carolina SMU vs. Miami or Clemson. Miami is in if it beats Syracuse. Clemson is in if Miami loses. Big Ten at Indianapolis Oregon vs. Ohio State, Penn State or Indiana. Ohio State is in if it beats Michigan or if Penn State and Indiana lose this week. Penn State is in if it beats Maryland and Ohio State loses. Indiana is in if it beats Purdue and Ohio State and Penn State lose. Big 12 at Arlington, Texas Arizona State vs. Iowa State if both win this week. Multiple scenarios including BYU, Colorado and other teams exist otherwise. SEC at Atlanta Georgia vs. winner of Texas-Texas A&M game. American Athletic at TBD Army vs. Tulane. Conference USA at Jacksonville, Florida Jacksonville State vs. Liberty, Western Kentucky or Sam Houston. Liberty is in with a win over Sam Houston. WKU is in with a win over Jacksonville State and a Liberty loss. Sam Houston is in with a win over Liberty and a Jacksonville State win. Mid-American at Detroit Miami, Bowling Green and Ohio are tied for first place and control their destinies. Miami-Bowling Green winner is in, as is Ohio if it beats Ball State. Other scenarios exist that include those teams and Buffalo. Mountain West at Boise, Idaho Boise State vs. UNLV or Colorado State. If UNLV and CSU both win or lose their final regular-season games, the tie would be broken by either College Football Playoff rankings or results-based computer metrics. Sun Belt at TBD Louisiana-Lafayette at Marshall if both win their games this week. Other scenarios exist if one or both lose. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college football: and

Goderich woman’s 'passion' for Christmas on display for all to enjoyThe situation is indeed a precarious one for Barcelona, as failing to register Ormo before the transfer deadline could see the player become a free agent, leaving the club empty-handed after months of negotiations and financial investment. This would undoubtedly be a major blow for Barcelona, who had high hopes for Ormo and saw him as a key addition to their squad.

SANTA CRUZ, Calif. (AP) — Persistent high surf and flooding threats along California’s coast had residents on high alert a day after a major storm was blamed for one man’s death and the partial collapse of a pier , which propelled three people into the Pacific Ocean. The National Weather Service on Christmas Eve warned of dangerous, large-breaking waves of up to 35 feet (10.7 meters). Its latest high surf warning will be in effect until 6 p.m. Tuesday. “Large waves can sweep across the beach without warning, pulling people into the sea from rocks, jetties and beaches,” the weather service said in a Christmas Eve bulletin. In Santa Cruz, where a municipal wharf under construction partially collapsed on Monday, most beaches were cordoned off as they were inundated with high surf and debris. Residents received an alert on their phones Tuesday morning notifying them to “avoid all beaches including coastal overlook areas such as rocks, jetties or cliffs.” It warned powerful waves could sweep entire beaches unexpectedly. Local officials said there could be further damage to the wharf, but no more pieces broke off overnight. The wharf collapsed and fell into the ocean midday Monday, taking three people with it. Two people were rescued by lifeguards and a third swam to safety. No one was seriously injured. “We are anticipating that what is coming toward us is more serious than what was there this morning,” Santa Cruz Mayor Fred Keeley said Monday. The structure was in the middle of a $4 million renovation following destructive storms last winter about 70 miles (112 kilometers) south of San Francisco. “It’s a catastrophe for those down at the end of the wharf,” said David Johnston, who was allowed onto the pier on Monday to check on his business, Venture Quest Kayaking. Tony Elliot, the head of the Santa Cruz Parks & Recreation Department, estimated that about 150 feet (45 meters) of the end of the wharf fell into the water. It was immediately evacuated and will remain closed indefinitely. Some of the wharf’s pilings are still in the ocean and remain “serious, serious hazards” to boats, the mayor said. Each piling weighs hundreds of pounds and is being pushed by powerful waves. “You are risking your life, and those of the people that would need to try and save you by getting in or too close to the water,” the National Weather Service’s Bay Area office said on the social platform X. Building inspectors were looking at the rest of the pier’s structural integrity. Some California cities ordered beachfront homes and hotels to evacuate early Monday afternoon as forecasters warned that storm swells would continue to increase throughout the day. In Watsonville along the Monterey Bay, first responders were called to Sunset State Beach, a state park, around 11:30 a.m. Monday for a report of a man trapped under debris. The Santa Cruz County Sheriff’s Office believes a large wave pinned him there. The man was pronounced dead at a hospital. The storm’s high surf also likely pulled another man into the Pacific Ocean around noon Monday at Marina State Beach, nearly 13 miles (21 kilometers) south of Watsonville, authorities said. Strong currents and high waves forced searchers to abandon their efforts roughly two hours later as conditions worsened. The man remained missing Monday evening. In a post on X, the National Weather Service office in Portland, Oregon, said, “It will likely go down as some of the highest surf this winter.”However, while the proposal to exempt the land value tax on the sale of ordinary residential homes has the potential to bring about many benefits, there are also some potential challenges and considerations that need to be taken into account. For example, there may be concerns about the potential impact on government revenue and the need to find alternative sources of funding to make up for the lost tax revenue. Additionally, there may be a need to carefully monitor the implementation of this exemption to ensure that it is not abused or exploited by individuals or businesses.UnitedHealthcare CEO kept a low public profile. Then he was shot to death in New York

The successful evacuation of Chinese citizens from Syria through the green corridor is a testament to the strength and determination of the Chinese people in the face of adversity. Despite the challenges and dangers they faced, the evacuees emerged from the conflict zone with a renewed sense of gratitude and appreciation for the safety and security they now enjoy. The experience of navigating through anti-aircraft gunfire has left an indelible mark on their memories, serving as a stark reminder of the fragility of life in times of war.

For a quarter of Americans, keeping their home clean is more difficult than their full-time job, according to a recent survey. The survey of 2,000 Americans looked at their cleaning habits and challenges, especially when it comes to hosting, and found that keeping a tidy house is harder than their nine-to-five for nearly one in four (24%). When having guests over, people will spend an hour, on average, straightening up just before they arrive. Forty-one percent said they worry that guests will notice grimy nooks and crannies while they’re over and almost half (48%) confessed that they don’t notice how dirty their home is until they have guests over, but once company is in the house, they can’t unsee their cleaning blindspots. The majority (57%) disclosed that they’re embarrassed when visitors come over and their home is less clean than they’d like, and most (80%) admitted they want to impress their visitors with how tidy their house is. In fact, 29% went so far as to say they’d forgo buying new clothes for a year in exchange for a squeaky-clean home without any dust or grime and a third (34%) admitted that their social schedules revolve around their cleaning schedules. Conducted by Talker Research and commissioned by for the launch of the Steam Shot OmniReach Handheld Steam Cleaner & Sanitizer, the study found that parents will spend four hours per week cleaning up their homes while non-parents will spend three hours doing so, on average. Uncovering a few of their cleaning blindspots, the study found the least-cleaned places in the house are window blinds (29%), baseboards (27%), fans (23%) and windowsills (24%). And although a quarter (24%) have yet to perfect their cleaning routine, 71% said it’s important to them to sanitize and clean their house without harsh chemicals. According to the results, it’s even more important to parents than non-parents (72% vs. 69%). Nearly a fifth of parents (19%) reported they already used all-natural cleaning products prior to having kids and another 38% said they began to do so after becoming parents. “The best cleaning session is fast, satisfying and effective,” said Vana Kokkinos, brand manager of steam cleaning at BISSELL. “If you haven’t perfected your cleaning routine already, start fresh in 2025 with tools that make the job a breeze. To help with this, look for cleaning brands and products that prioritize your time and health as much as you do, are environmentally friendly and can quickly eliminate germs and bacteria.” When deciding which cleaning products to use in the home, 83% of parents said the health of their children is a major consideration. Other motivators for selecting one cleaning product over another include the efficacy (92%), ability to kill germs and bacteria (90%), versatility (86%) and environmental impact of the product (68%) according to respondents. Uncovering the price tag on ineffective cleaning products, respondents estimated they’ve wasted more than $600 on useless cleaning products and tools over the years, on average. And although most people (59%) are planning to keep their homes cleaner than ever in the new year, 79% wish they had a cleaning magic wand to help them out. But without such a tool, respondents shared some of their best cleaning tips and tricks such as “clean as you go,” “don’t let small jobs pile up,” “always dust and sweep before you polish and mop,” “steam clean the microwave, wash windows, iron out carpet stains” and “always have music playing.” “The survey results demonstrate the motivations for keeping a clean house go beyond just peace of mind. According to the study, health and wellness along with social perceptions and community building are also top of mind when tidying up,” said Kokkinos. “There are ways to make sure cultivating a healthy, clean home isn’t so daunting, and having the right tools can really make the difference when tackling some of the toughest messes. “Things like using a hand-held steamer make it easy to quickly clean and sanitize buildup and grime on appliances, windowsills, baseboards and other tough-to-tackle places, giving you more time back in your day to spend with loved ones.”In conclusion, Emirates Stadium stands as a timeless symbol of Arsenal's legacy, a place where history is made, rivalries are forged, and dreams are realized. As the club looks towards the future with optimism and determination, one thing remains certain – Emirates Stadium will continue to be a stage where the magic of football comes to life, where heroes are born, and where the legacy of Arsenal Football Club is written in the stars.

TORONTO — Broad-based gains led Canada's main stock index higher in late-morning trading on Christmas Eve, while U.S. stock markets also rose. The S&P/TSX composite index was up 57.82 points at 24,806.80. In New York, the Dow Jones industrial average was up 177.64 points at 43,084.59. The S&P 500 index was up 43.11 points at 6,017.18, while the Nasdaq composite was up 210.74 points at 19,975.62. The Canadian dollar traded for 69.50 cents US compared with 69.47 cents US on Monday. The February crude oil contract was up 91 cents at US$70.15 per barrel and the February natural gas contract was up 13 cents at US$3.48 per mmBTU. The February gold contract was down US$1.10 at US$2,627.10 an ounce and the March copper contract was up two cents at US$4.11 a pound. This report by The Canadian Press was first published Dec. 24, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) The Canadian PressLooking ahead, Sony remains focused on innovation, customer engagement, and strategic partnerships as it continues to push the boundaries of gaming and entertainment. With a strong foundation built on decades of experience and a commitment to excellence, Sony is poised for continued success in the gaming industry and beyond.Peace on Earth, and at home

In conclusion, Ionut Radu's impending departure from Inter Milan marks the end of an era for the goalkeeper and the club. His legacy as Skriniar will forever be remembered by fans and teammates, who have witnessed his talent and passion firsthand. As Radu prepares to say goodbye to the Nerazzurri, we look forward to following his future endeavors and celebrating his continued success in the world of football.

In addition to Thauvin, Liverpool is also reportedly keeping a close eye on Kylian Mbappé, the prodigiously talented forward who has been lighting up the footballing world with his performances for Paris Saint-Germain. Mbappé's blistering speed, clinical finishing, and playmaking ability make him a dream signing for any club, and Liverpool sees him as a potential long-term successor to Salah.NEW YORK (AP) — A ransomware attack that hit a major software provider last week caused disruptions for a handful of companies over recent days, from Starbucks to U.K. grocery giant Morrisons. Blue Yonder, which provides supply chain technology to a range of brands worldwide, said that it experienced disruptions to services it manages for customers on Thursday, which the third-party software supplier determined to be "the result of a ransomware incident.” Some systems went offline, impacting clients using Blue Yonder's software. A spokesperson for Starbucks, for example, said that the chain's ability to manage barista schedules and track hours was disrupted — meaning store leaders across North America are currently being instructed to use manual workarounds. Starbucks maintained that the outage is not impacting how customers are served and that ensuring workers get paid for all hours worked is a top priority. While the company continues to work towards full recovery, the spokesperson added that Starbucks was able to process payroll again as of Tuesday morning. Two of the U.K.'s biggest grocers, Morrisons and Sainsbury's, were also affected — with both telling CNN over the weekend that they had turned to contingency plans to keep operations flowing. A spokesperson for Morrisons confirmed to The Associated Press that the outage “impacted our warehouse management systems for fresh and produce” and that it was continuing to operate on back up systems Tuesday. Sainsbury's, meanwhile, said Tuesday that its service was restored. Blue Yonder declined to disclose how many of its customers were impacted by the hack. In a statement sent to the AP, a spokesperson maintained that it had notified “relevant customers” and would continue to communicate as needed. The spokesperson also maintained that recovery efforts were still underway — noting that Blue Yonder "has been working diligently together with external cybersecurity firms to make progress,” including the implementation of several defensive and forensic protocols. Blue Yonder's website touts an extensive global roster of customers — including Gap, Ford and Walgreens. Walgreens and Gap were not impacted following the ransomware attack, spokespeople for the companies said. Ford shared that it was investigating whether the incident affected its operations earlier this week, but had no further updates when reached Tuesday. Blue Yonder, based in Arizona, is a subsidiary of Japan’s Panasonic Corp. Panasonic acquired the supply chain software firm in September 2021.Hou_Stover 19 pass from Stroud (Fairbairn kick), 14:42. Ten_FG Folk 51, 11:15. Ten_Westbrook-Ikhine 38 pass from Levis (Folk kick), 1:57. Ten_Pollard 10 run (Folk kick), 11:03. Hou_Collins 5 pass from Stroud (Fairbairn kick), 6:17. Hou_FG Fairbairn 28, 1:47. Ten_FG Folk 56, :00. Ten_FG Folk 51, 9:08. Hou_Ward 65 interception return (Fairbairn kick), :04. Hou_FG Fairbairn 54, 9:46. Ten_Okonkwo 70 pass from Levis (Folk kick), 9:35. Ten_safety, 1:13. RUSHING_Tennessee, Pollard 24-119, Levis 8-10, Chestnut 1-3. Houston, Mixon 14-22, Stroud 3-18. PASSING_Tennessee, Levis 18-24-1-278, Boyd 0-1-0-0. Houston, Stroud 20-33-2-247. RECEIVING_Tennessee, Boyd 6-55, Ridley 5-93, Pollard 3-10, Westbrook-Ikhine 2-48, Okonkwo 1-70, Chestnut 1-2. Houston, Collins 5-92, Mixon 5-23, Dell 3-72, Stover 3-26, Schultz 2-20, Woods 1-8, Metchie 1-6. MISSED FIELD GOALS_Houston, Fairbairn 28.

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