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Recency bias aside because of his 70-point performance Monday against San Antonio, Philadelphia 76ers All-NBA center Joel Embiid has been at or near the top of the MVP race all season.

He has been a force. But this is not a one-man race nor does one game determine the MVP. The remaining half season will do that.

Plus, Embiid is in danger of not playing the minimum required games to qualify for season-ending awards. He has missed 10 of Philadelphia’s 42 games and can only miss seven more the rest of the season to reach the 65 games played necessary to be eligible for awards.

Now that every NBA team has reached the midway point of the season, let’s take a look at the players who have emerged as leading contenders for the major awards.

The voting panel consists of: USA TODAY Sports NBA writer Jeff Zillgitt and USA TODAY NETWORK reporters Duane Rankin (Phoenix Suns beat writer for the Arizona Republic), Jim Owczarski (Milwaukee Bucks beat writer for the Milwaukee Journal-Sentinel), Dustin Dopirak (Indiana Pacers beat writer for the Indianapolis Star), Damichael Cole (Memphis Grizzlies beat writer for the Memphis Commercial Appeal) and Omari Sankofa II (Detroit Pistons beat writer for the Detroit Free Press).

MVP: Joel Embiid

The MVP race is far from settled. It’s a tight race between Embiid, Denver’s Nikola Jokic, Milwaukee’s Giannis Antetokounmpo and Oklahoma City’s Shai Gilgeous-Alexander.

Our voting panel puts Embiid, who won his first MVP last season, atop the list followed closely by the other three players based on his body of work. He averages a league-best 36.1 points per game plus 11.6 rebounds, 5.9 assists, 1.9 blocks and 1.2 assists while shooting 53.9% from the field and 36.3% on 3-pointers.

In order: Embiid, Jokic, Antetokounmpo, Gilgeous-Alexander, Dallas’ Luka Doncic, Phoenix’s Kevin Durant, Boston’s Jayson Tatum.

Rookie of the Year: Victor Wembanyama

This is between San Antonio’s Victor Wembanyama and Oklahoma City’s Chet Holmgren with Miami’s Jaime Jacquez Jr. entrenched in third place.

How one determines who is having the better year is a difficult exercise considering the difference in quality between the first-place Thunder and 15th-place Spurs. Some of Holmgren’s statistics look better because he plays on a better team, and it’s possible Wembanyama’s stats – especially his shooting numbers – would be better if the situations were reversed. And that’s not to detract from what Holmgren is doing. He is impressive. It comes down to whom you think is having the best season.

Wembanyama: 20.3 ppg, 10.0 rpg, 3.2 bpg, 2.9 apg, 1.1 spg, 46.4% FG, 29.9% 3P, 80.7% FT.

Holmgren: 17.1 ppg, 7.2 rpg, 2.8 apg, 2.6 bpg, 54.1% FG, 38.2% 3P, 78.8% FT.

In order: Wembanyama, Holmgren, Jaime Jacquez Jr., Charlotte’s Brandon Miller

Sixth Man of the Year: Tim Hardaway Jr.

It’s hard to argue with what Dallas’ Tim Hardaway Jr., Sacramento’s Malik Monk and Los Angeles Clippers’ Norman Powell are doing. Among players who have played a majority of their games as reserves, Hardaway averages a league-best 17.1 points and makes 36.2% of his 3-point attempts.

In order: Hardaway Jr., Monk, Powell, Indiana’s Bennedict Mathurin, Cleveland’s Caris LeVert, Utah’s Jordan Clarkson

Most Improved Player of the Year: Tyrese Maxey

Most Improved is one of the more difficult awards to navigate because better scoring, rebounding and assists numbers doesn’t equate to a better season. Maybe it’s just more minutes played compared to the previous season, leading to more impressive stats. But you also can’t discount that more minutes means more responsibility.

Philadelphia 76ers guard Tyrese Maxey is the choice so far as he prospers without sharing the backcourt with James Harden. Maxey averages 25.8 points (five more than last season) and 6.7 assists (three more than last season), keeps his turnovers to 1.6 per game and shoots 44.9% from the field, 37.9% on 3s and 86% from the foul line.

In order: Maxey, Houston’s Alperen Sengun, Indiana’s Tyrese Haliburton, Toronto’s Scottie Barnes, Chicago’s Coby White.

Defensive Player of the Year: Rudy Gobert

On a team with the No. 1 defense in the league, Minnesota Timberwolves center Rudy Gobert is the choice. The Timberwolves allow 109 points per 100 possessions, and that drops to 105.8 per 100 possessions with Gobert on the court. He also averages 9.0 defensive rebounds and 2.1 blocks.

In order: Gobert, Los Angeles Lakers’ Anthony Davis, New York’s OG Anunoby, Boston’s Kristaps Porzingis, Oklahoma City’s Shai Gilgeous-Alexander, Philadelphia’s Joel Embiid, Miami’s Bam Adebayo, San Antonio’s Victor Wembanyama, Boston’s Derrick White.

Clutch Player of the Year: Tyrese Haliburton

The NBA last season added this award to its regular-season honors, and it’s unique. The NBA defines clutch play as the final five minutes of the fourth quarter or overtime when the game is within five points.

This season, the usual suspects pop up: Damian Lillard and Steph Curry.

But one player has been extremely impressive in those game-deciding moments this season: Indiana’s Tyrese Haliburton. In clutch time, Haliburton averages 4.0 points and shoots 64.5% from the field, 60% on 3s and 100% on free throws.

In order: Haliburton, Golden State’s Steph Curry, Milwaukee’s Damian Lillard, Philadelphia’s Joel Embiid, Dallas’ Kyrie Irving, Dallas’ Luka Doncic.

Coach of the Year: Minnesota’s Chris Finch

Right now, this is a two-man race between Minnesota’s Chris Finch and Oklahoma City’s Mark Daigneault – though Los Angeles Clippers’ Ty Lue could make a run if the Clippers continue to rise in the Western Conference standings. Finch and Daigneault have been fantastic.

Finch gets the nod with the 30-13 Timberwolves.

In order: Finch, Daigneault, Lue, Utah’s Will Hardy, Boston’s Joe Mazzulla.

Executive of the Year: Oklahoma City’s Sam Presti

Disclosure: Media members do not vote for this award (other executives do) but we’re including it here to acknowledge front-office executives who deserve credit for team-building.

Oklahoma City executive vice president and general manager Sam Presti has assembled a strong, young team featuring Shai Gilgeous-Alexander, Chet Holmgren, Jalen Williams and Josh Giddey. And Presti has stockpiled draft picks to make improvements via trades or through the draft. For the second time with the Thunder, Presti has built a team that can win now and in the future.

In order: Presti, Boston’s Brad Stevens, Minnesota’s Tim Connelly, Dallas’ Nico Harrison, Denver’s Calvin Booth, Milwaukee’s Jon Horst, Los Angeles Clippers’ Lawrence Frank.

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Concerns about AI interfering with the 2024 elections are well-founded, yet not unprecedented in recent history. In 1975, the Asilomar Conference on Recombinant DNA foreshadowed today’s AI concerns. 

Asilomar set the precedent on how to respond to changes in scientific knowledge. According to conference organizers, biochemist Paul Berg and molecular biologist Maxine Singer, the proper response to new scientific knowledge was to develop guidelines that governed how to regulate it. 

They were as wrong as those asking for AI regulation. The solution is not to be found through regulation, but by debunking the premise of processing immense sets of data at the cost of sustainability. Brute force computation sold as intelligence is a fraud!

The challenges of AI and the 2024 elections are ethical. Not regulatory. We’ve made a Faustian bargain for AI, and its impact will irreversibly affect the future of humankind if we do not challenge the science behind it. 

We can’t put the genie back in the bottle, hence the need to understand how to mitigate the potential dangers to society and our democratic system implicit in the deterministic foundation of AI. 

It is not only the past, represented by data processed in AI that is the cause of our actions, but rather the possible future, of choices we make in a responsible manner, that matter. 

AI doesn’t care who wins the presidential election. It solves a mathematical problem. Not long ago, Kenneth Arrow got a Nobel Prize for showing how elections can be manipulated. 

In some AI learning-based processing in which an immense quantity of numbers is used, the purpose is to engineer the behavior of the 10-12% of the voting population that never previously appeared on the radar of elections. This is a political gold mine that’s waiting to be exploited. 

Is it ethical to conceive behavioral engineering? Never mind if this is or is not a legal tool. 

Our political system, already subject to cannibalism, is undermined by replacing human judgment with machine inferences. We need to understand that mechanistic technology has no anticipatory dimension. There is no ethic in using a hammer – it does not distinguish between a nail and someone’s head. 

The automated hammer is actually a gun. It is automated know how to the exclusion of know why. The automated abacus – called a computer – is exceptionally good at processing data, but with zero know why capabilities. It has no sense of right and wrong, and no conscience.

Indeed, the Turing machine, based upon which everything computational exists, knows only the limits of physics – expressed as volume of data, speed of processing and cost (energy used). The human aspect, represented by the meaning of data, is entirely absent. 

Progress at any cost based on data processing spells destruction unless we rein it in.  The Asilomar Conference is living proof. Participants, aware of how dangerous gene manipulation could be, were looking for guardrails. 

Change of function of the COVID recent memory might ring a bell as we talk about AI today. Also, remember the genome hysteria: All diseases will be cured! Today the promise is that AI will make medicine better. But then, the reality: More disease was artificially produced. 

AI is already making medicine more expensive but not necessarily more effective. AI regulation is of the same nature as what Asilomar endorsed. It is enthusiastically supported by those who want to secure their advanced positions. But it will not prevent aberrant applications. 

What we need is a scientific foundation that does not reduce behavior to the physics and chemistry of matter. So far we have failed to do so. This is reflected in the increased pathological, delusional nature of human life in the 21st century. 

I hope we can wake up and choose the right path. The clarion call to disrupt science is not optional but an existential imperative.

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Military and defense officials from the U.S. and Iraq are expected to continue talks on the future of U.S. military presence in Iraq in the coming weeks, a U.S. official tells Fox News. The Defense Department is expected to announce the resumed talks later this week, the official said. 

The U.S. currently has about 2,500 troops in Iraq for the Defeat ISIS mission. These troops are stationed at several bases throughout the country and have come under more than 60 attacks from Iranian proxy groups in Iraq since October 17. The U.S. has carried out several strikes targeting these Iranian-proxy groups, including airstrikes on Tuesday, targeting two Kataib Hezbollah headquarters buildings and an intelligence facility, according to a U.S. defense official. 

The strikes have put pressure on the government of Iraq to question the U.S. presence in the region. On January 4th, the U.S. killed a militia leader in Baghdad who helped carry out several of these attacks on U.S. forces. According to U.S. Central Command, the U.S. drone strike on January 4th targeted and killed Mushtaq Jawad Kazim al Jawari. He was a leader of Iranian-proxy group Harakat al Nujaba and was involved in planning and carrying out attacks against U.S. service members in Iraq.

This specific strike is in part what led the Iraqi Prime Minister, Mohammed Shia’ Al-Sudani to call for the U.S. to withdraw its troops from the country just a day later on January 5th. 

‘We are in the process of setting a date to begin a dialogue through a tripartite committee that was formed to determine arrangements to end this presence. This is a commitment which the government will not back down from and will not neglect any matter that completes national sovereignty over land, sky, and waters of our dear Iraq,’ Al-Sudani said. 

Pentagon Press Secretary Maj. Gen. Pat Ryder told reporters in a Defense Department briefing on January 4th shortly after the militia leader was killed by the U.S. strike, ‘Our focus is going to continue to remain on the defeat ISIS mission. But again, we’re not going to hesitate to protect our forces if they’re threatened.’

The Pentagon has not received any requests to end its presence in the region, despite the words from the Iraqi prime minister, multiple defense officials tell Fox News. 

When asked if the U.S. has been asked to withdraw its troops from Iraq, Ryder told reporters, ‘I’m not aware of any plans. We continue to remain very focused on the Defeat ISIS mission under CJTF-OIR, as we advise and assist the Iraqis. And as you’ve heard us say many times before, we’re there at the invitation of the government of Iraq.’

The upcoming talks between the U.S. and Iraq were planned in August, well before Hamas invaded Israel and the attacks on U.S. forces in Iraq began. The talks could have a different outcome than what would have been expected back in August.

In August 2023, before the conflict in the Middle East started, the U.S. and Iraq agreed to start a ‘Higher Military Commission’ or HMC for talks. According to a Defense Department press release from that time, ‘The United States and the Republic of Iraq intend to consult on a future process, separate from the JSCD and inclusive of the Coalition, to determine how the Coalition’s military mission will evolve on a timeline according to the following factors: the threat from ISIS, operational and environmental requirements, and ISF capability levels.’

The talks will be in the form of a working group with both defense and military officials from the Pentagon, the U.S. official said. 

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FIRST ON FOX: Sen. Tommy Tuberville, R-Ala., has been in talks with former President Trump about the issue of school choice and parental rights, he told Fox News Digital in an interview Wednesday night. 

Tuberville said the former president ‘understands’ how big of an issue school choice for parents will be in this year’s presidential election as public schools continue to ‘fail’ students, despite the U.S. spending more money per student than most countries in the world.

‘I’ve talked to President Trump about it, and I think it should be a big focal point in the election,’ Tuberville said.

‘He knows it, and that it’ll be a big factor,’ he continued. ‘And I think parents resonate with that. The last thing I told the parents was: Voices need to be heard. And this needs to be spread, it can’t be a dozen parents, and it’s got to be parents all over the country.’

Tuberville, the ranking member of the Subcommittee on Children and Families, hosted a roundtable Wednesday afternoon with GOP Sens. Katie Britt of Alabama, Roger Marshall of Kansas, Ted Budd of North Carolina and Eric Schmitt of Missouri, along with a dozen parents from across the country.

Topics like ethnic studies and critical race theory (CRT), boys and girls sports, and how test scores have plummeted after the COVID-19 pandemic were discussed during the roundtable that also marked National School Choice Week.

School choice, which provides all families with alternatives to the public schools for which they’re zoned, can be expanded through multiple avenues at the state level, including school voucher programs, tax-credit scholarship programs, individual tuition tax credit programs and deductions, and education savings accounts. These programs can be limited to certain households based on an income threshold or other factors, or they can be expanded universally to all children.

Tuberville said that despite significant federal funding for public schools, it ‘goes into buildings and teachers’ unions’ but not into ‘the minds of the students.’ According to the National Center for Education Statistics, in the 2019-2020 school year, the U.S. spent $870 billion on public elementary and secondary schools.

‘Basically, this is about parents in charge of their kids,’ Tuberville said. ‘We’re not teaching reading, science and history as much as we should be. They’re more concerned about a social justice agenda in the school.’

One of the attendees, Sonja Shaw, the president of Chino Valley Unified School Board in Southern California and a mother of three, agreed that school choice will be a big ballot issue for parents casting a vote this year.

‘I do because CRT is still a huge issue, and this ties into CRT, it’s just packaged differently,’ Shaw told Fox News Digital. ‘I think the more awareness that we bring, it’s going to bring light, and then just like you’ve seen with parental rights, I just think it’s a matter of parents exposing it.’

California became a battleground state for parental rights and school choice issues in local politics last year. Shaw said this is because California is the blue ‘pilot’ for what other state school programs will inevitably follow. 

‘Whatever’s in California, they’re going to put it everywhere else, it’s just a matter of time,’ she said. 

One of the biggest issues that swept several school boards across the Golden State last year was the parental notification policy that requires schools to disclose to parents if their child identifies as transgender. Shaw’s district was one of the few to implement the policy, and they received backlash from the governor’s office for it.

Following Chino Valley’s adoption of the policy, California Attorney General Rob Bonta launched an investigation into the district for ‘potential legal violations.’ Meanwhile, Gov. Gavin Newsom also threatened to sue another Southern California school district for refusing to teach a social studies course that included controversial gay rights activist Harvey Milk.

However, it’s not just California in the education fight. Dozens of bills have been introduced in other states — including Arizona, Indiana, Arkansas and others — to establish stronger parental rights policies in public schools.

Popularity for school choice is also on the rise. According to ACE Scholarships, a nonprofit committed to helping parents access better education options for their school-age children through private school partnerships, a record 14,090 scholarships were awarded to K-12 children across the country through its program for the 2023-2024 school year.

Recently, Republican governors made significant inroads in pushing universal school choice legislation, which did not exist anywhere in the country a few years ago.

Nine states have enacted universal school choice, with state Republicans leading the effort.

Trump routinely touted school choice during his presidency, once calling it the civil rights issue of ‘all-time in this country,’ and he signed an executive order on Expanding Educational Opportunity Through School Choice toward the end of his term.

Fox News Digital reached out to the Trump campaign for comment.

Fox News’ Brandon Gillespie and Joshua Q. Nelson contributed to this report.

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Despite Gov. Ron DeSantis’ departure from the presidential race ahead of the New Hampshire primary, political experts agree the Florida governor likely isn’t done pursuing high-profile political office.

‘My own personal assessment is that he’s got three years left as governor of the third-largest state in the country, and that’s a pretty, pretty awesome place to be to drive conservative change,’ Justin Sayfie, former Florida Gov. Jeb Bush’s spokesman and a top policy adviser, told Fox News Digital. ‘I expect him to focus on governing and governing with his unique conservative populist style.’

DeSantis announced the end to his campaign Sunday afternoon in a video posted to his X account, while also throwing his support behind former President Donald Trump, the Republican frontrunner in the race to the White House. 

‘If there was anything I could do to produce a favorable outcome — more campaign stops, more interviews — I would do it,’ DeSantis said in the Sunday video announcement. ‘But I can’t ask our supporters to volunteer their time and donate their resources if we don’t have a clear path to victory. Accordingly, I am today suspending my campaign.’

‘It’s clear to me that a majority of Republican primary voters want to give Donald Trump another chance,’ he said. ‘He has my endorsement because we can’t go back to the old Republican guard of yesteryear, a repackaged form of warmed-over corporatism that Nikki Haley represents.’

DeSantis launched his presidential bid in May after his emergence as a celebrated Republican governor during the pandemic, when he reopened schools and businesses while other states shuttered under stay-at-home orders and strict social distancing measures. 

The Florida Republican began his bid for the White House polling strongly against Trump in national and early state polls, but the support soon waned as the 45th president unleashed attack ads against DeSantis. 

‘Trump’s barrage of attacks was the beginning of the end of DeSantis,’ veteran New Hampshire-based Republican strategist Michael Dennehy previously told Fox News Digital, adding DeSantis ‘just didn’t have the charisma to connect with voters in Iowa and New Hampshire.’

DeSantis’ campaign was also mired in campaign finance hiccups and woes. The Florida governor’s campaign was bolstered by support from super PAC Never Back Down, which had promised $200 million for the campaign, but headlines in recent months were dominated by reports of in-fighting between the super PAC’s board and the campaign, with several high-profile super PAC leaders quitting.

‘His presidential campaign did not go as he and his supporters had hoped. There were so many problems — rookie mistakes, a poor start — and he just wasn’t particularly good on his feet,’ GOP pollster Whit Ayres of North Star Opinion Research told Fox News Digital. 

Ayres said DeSantis, 45, could make a run for the Senate in the future but likely only if a seat should open up. 

‘If a Senate seat should open up, which right now doesn’t look like it will happen, you never know. I can’t see him primarying Marco Rubio or Rick Scott. At this point, you kind of need to wait for another opportunity to open up. He’s young,’ he added. 

Sayfie, who noted he doesn’t have direct information from the DeSantis camp, said any hiccups in the campaign were a learning moment for the Florida governor, who would likely employ those lessons in a potential future run for political office. 

‘Every candidate and every campaign finishes the campaign much smarter and much wiser than they did the beginning of the campaign. … The experience that he’s gained by running for president this year will serve him well should you ever decide to run again,’ he said. 

Sayfie said it wouldn’t come as a surprise if DeSantis made another run for the White House, pointing to the GOP’s history of nominating candidates who had previously performed well in presidential campaigns. 

‘The Republican Party has a tradition of nominating candidates who have won previously and have done well in previous presidential campaigns. Mitt Romney didn’t win in 2008, but he became the nominee in 2012. And there are other examples. Bob Dole, running and then finally becoming the nominee in 1996. So, based on that historical precedent, I wouldn’t be surprised to see Gov. DeSantis run for president again,’ he said. 

DeSantis assumed his gubernatorial office in 2019 before winning re-election in 2022. He will serve as the Sunshine State’s governor until 2027, which aligns nicely with the 2028 presidential election, Sayfie said. 

‘If he finishes his term as governor strong, and if he wanted to run for president, that would propel him into a solid run in ‘27 and ’28. The experience of having campaigns in Iowa and New Hampshire and South Carolina, those are three really important states,’ he said.

After Trump won the Iowa caucuses, the 45th president won the New Hampshire primary against former South Carolina Gov. Nikki Haley Tuesday. Haley said after the New Hampshire results ‘the race is far from over,’ and she is heading back to her home state of South Carolina to gear up for its Feb. 24 primary.

Trump told Fox Digital in an exclusive interview shortly after New Hampshire was called he is ‘very honored by the results’ and said Haley ‘should’ drop out of the race so his campaign can focus on defeating President Biden in the general election. 

Trump said he is ‘looking forward to going against the worst president in the history of our country.’

Fox News Digital’s Brooke Singman and Paul Steinhauser contributed to this report.

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Hunter Biden’s business associate involved in his dealings with Chinese energy company CEFC is expected to appear for a closed-door transcribed interview Thursday morning before the House Oversight and Judiciary committees.

Mervyn Yan, who worked with the first son on deals with Chinese energy company CEFC, was subpoenaed last November to appear as part of the House impeachment inquiry against President Biden.

He is expected to appear at 10 a.m. on Capitol Hill.

House Oversight Committee Chair James Comer and Judiciary Committee Chair Jim Jordan notified Yan of his subpoena and explained the reason for compelling his appearance.

‘President Biden has received money originating from China via James and Hunter Biden, individuals with whom your client has previously engaged in business,’ Comer and Jordan wrote to Yan’s attorney. ‘James Biden maintained a business relationship with Hunter Biden, and the two engaged in several business deals, including a deal with Chinese energy company CEFC China Energy (CEFC), which is closely ties to the Chinese Communist Party through its founder, Chairman Ye Jianming.’

Fox News Digital first reported on the funds transferred to Joe Biden in November.

Comer said the ‘money trail’ began in July 2017 when Hunter Biden demanded a $10 million payment from a CEFC associate. In a WhatsApp message, Hunter Biden ‘was sitting with his father and that the Biden network would turn on his associate if he didn’t pony up the money,’ Comer said.

Hunter Biden in the WhatsApp message allegedly told a Chinese business associate from Chinese energy company CEFC that he and his father would ensure ‘you will regret not following my direction.’

Hunter requested the $10 million wire for his joint-venture with CEFC called SinoHawk Holdings. 

‘I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled,’ Hunter Biden told Henry Zhao, the director of Chinese asset management firm Harvest Fund Management. ‘And, Z, if I get a call or text from anyone involved in this other than you, Zhang or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction.’

Zhao responded, in part, ‘CEFC is willing to cooperate with the family.’

The Oversight Committee then obtained bank records that showed on Aug. 8, 2017, the $5 million in funds were sent to Hudson West III, a joint venture established by Hunter Biden and CEFC associate Gongwen Dong. The same day, Hudson West III sent $400,000 to Owasco PC — a separate entity controlled and owned by Hunter Biden, Comer said.

Days later, on Aug. 14, 2017, the records show Hunter Biden wired $150,000 to Lion Hall Group, a company owned by James Biden and his wife, Sara Biden. By Aug. 28, 2017, Comer said Sara Biden withdrew $50,000 in cash from Lion Hall Group and later deposited it into her and James Biden’s personal checking account.

Sara Biden wrote a check to Joe Biden a few days later for $40,000, with a memo line of the check reading ‘loan repayment.’

While President Biden has maintained he was never in business with his son, text messages obtained by Fox News Digital in 2020 revealed that in May 2017 he met with Hunter’s business associates for the Sinohawk venture, specifically Tony Bobulinski. The meeting on May 2, 2017, would have taken place just 11 days before a May 13, 2017, email obtained by Fox News in 2020 that included a discussion of ‘remuneration packages’ for six people in the business deal with CEFC.

The email includes a note that ‘Hunter has some office expectations he will elaborate.’ A proposed equity split references ’20’ for ‘H’ and ’10 held by H for the big guy?’ with no further details.

The ‘big guy’ has been said to be a reference to President Biden. 

Also, Fox News Digital in December 2020 reported that Hunter Biden, his CEFC associate, Gongwen Dong, and Joe Biden shared office space in Washington, D.C., in September 2017.

Meanwhile, Comer and Jordan, in demanding Yan’s testimony, said they expect he will ‘provide evidence that is relevant to the impeachment inquiry,’ specifically related to his ‘knowledge of how James Biden and Hunter Biden operated their businesses and structured their financial transactions, and your client may also know whether and how President Biden has been involved in his family’s business dealings.’

Comer and Jordan also said Yan could be in a position to provide information on whether Joe Biden, as vice president or as president, ‘took any official action or effected any change in government policy because of money or other things of value provided to himself or his family, including whether concerns that Chinese sources may release additional evidence about their business relationships with the Biden family have had any impact on official acts performed by President Biden or U.S. foreign policy.’

They also said he may provide evidence of whether Joe Biden ‘abused his office of public trust by providing foreign interests with access to him and his office in exchange for payments to his family or him’ or ‘abused his office of public trust by knowingly participating in a scheme to enrich himself or his family by giving foreign interests the impression that they would receive access to him and his office in exchange for payments to his family or him.’

Yan’s transcribed interview is expected to take place a day before Hunter Biden business associate Rob Walker appears for testimony and weeks before Hunter Biden appears for his deposition.

Biden defied his subpoena to appear for a deposition on Dec. 13 and was at risk of being held in contempt of Congress.

His attorneys and the committees came to an agreement last week that the first son will appear for a closed-door deposition on Feb. 28.

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As a follow-up to a daily I wrote earlier in January called “Super Cycles Do Not Just Fade Away”, yesterday’s January 23rd daily was all about one of the three indicators that can get us prepared for more inflation.

On January 5th, sugar was still trading under 22 cents. Since then, SUGAR is up another 15%. A quote from yesterday:

“Most noteworthy is the notion of super cycles. Sugar is a great example of a 400% move higher since 2020, followed by a near 40% move lower. And currently, a 20% move up since it reached the nadir of 20.00.

“Volatility — yes — is the inherent nature of a super cycle.”

The second indicator I wrote about on January 5th was how SILVER performs relative to gold. When silver begins to outperform gold, that is generally an inflationary sign. This is a good time to remind you that the chart of CPI overlaying the 1970s with current times lines up incredibly well. Has CPI troughed?

With so many saying inflation is over, clearly, they have not been paying enough attention. Maybe now they will.

Silver, for the second day in a row, is outperforming gold. The chart of March futures shows us that momentum could be just about to flash a mean reversion. Furthermore, $22.00 is a solid risk point, with overhead resistance at $24.

The 3rd sign is the DOLLAR, and if it makes a more drastic move lower from its current rangebound price action.

The dollar is wedged between the 50 (blue) and 200 (green) moving averages. We can hardly say that it is collapsing, or giving us cause for major concern right now. Momentum is declining, though, and a move under the 50- and 200-MAs on our Real Motion indicator might raise some eyebrows — especially if the price fails 102.

This week, we have PCE numbers coming out. This is a lagging indicator, not a leading indicator. We can assume that the number will be subdued, which should give the Fed room to discuss rate cuts for March. Hence, we can be patient on the inflation plays for now — but certainly not complacent.

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Mish in the Media

Mish makes up a new ETF (not real) called VAIN, but really discusses the basket of stocks that are worth watching in this appearance on Yahoo! Finance.

Mish discusses Alibaba and how the rumors of China’s impending demise might be a bit exaggerated on Business First AM.

Mish talks all about retail and stock pick Abbvie (ABBV) on Business First AM.

Nicole Petallides and Mish dig deep into trends and stocks to watch for next big moves, as we are in full January trend mode on this video from Schwab Network.

On the Monday, January 22 episode of Your Daily Fivefrom StockCharts TV, Mish sees the potential for consumers to spend more money, from self-help to dieting, to makeup to skincare to fashion — pointing out several relevant stocks and how to trade them.

Mish looks at a selection of popular instruments in this video from CMC Markets, outlining their possible directions of travel.

Mish joins Jason Perz on the Against All Odds playlist, where she covers it all talking the mental game of trading, commodities, futures, equities, technical analysis, and macro.

Mish’s Market Minute on StockCharts TV returns, all new! Mish and Geoff Bysshe share how the powerful “Calendar Range” StockChartsACP plugin tells you who and what to believe, when to act, and what to trade. The new year is a big “reset” emotionally, and January sets the tone for the next six months AND the year. Every month is “like an inning in baseball,” financial reports focus on quarters, but analysts think in terms of the first half and second half of the year. How can you harness this knowledge to your benefit? Watch to find out!

Coming Up:

January 25: F.A.C.E. with Dale Pinkert & Live Coaching & CNBC Asia

January 30:Breakfast Bites, Singapore Radio

February 2: Benzinga Pre-Market Show

February 5: Money Show Life with Chuck Jaffe

February 21-23: The Money Show in Las Vegas

Weekly: Business First AM, CMC Markets

ETF Summary

S&P 500 (SPY): 480 now the pivotal zone.Russell 2000 (IWM): 195 pivotal, 190 support to hold.Dow (DIA): 375 support.Nasdaq (QQQ): 408-409 support.Regional Banks (KRE): 50 key to hold.Semiconductors (SMH): 184 support.Transportation (IYT): 262 now pivotal.Biotechnology (IBB): 135 pivotal.Retail (XRT): Held support at 65, but still needs to get back over 70.00.

Mish Schneider

MarketGauge.com

Director of Trading Research and Education

In this edition of StockCharts TV‘s The Final Bar, guest John Kosar, CMT of Asbury Research shares his proprietary Asbury Six macro model, which suggests caution based on weak fund flows and breadth conditions. Dave focuses in on crude oil and gold charts, and also reviews key earnings plays including NFLX, TSLA, and more.

This video originally premiered on January 24, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

The craze for Stanley-branded beverage tumblers continues.

In the wake of the arrest of a California woman accused of stealing about $2,500 worth of the products, a search by NBC News reveals that the marketplace for the popular reusable cups remains frenzied.

On eBay, an ‘Adventure Quencher Tumbler Parfait Pearlescent’ had 59 bids Wednesday afternoon, with the price having reached $375.

Another ‘Pink Parade’ edition had 51 bids that topped out at $147.50.

Likewise, one can find hundreds of listings for the products on Facebook Marketplace.

It suggests that the secondhand marketplace for the Stanley cups continues to thrive and, combined with the California incident, that ill-gotten ones are likely to be among those on offer.

The Better Business Bureau has also already warned about Stanley cups being sold for prices that are too good to be true.

At least one retailer appears to have gotten wise to shoppers purloining the products: A Twitter user noticed that Academy Sports + Outdoors now lets customers know they must come to customer service to get a lid for one.

Academy, Dick’s Sporting Goods and Target did not immediately respond to requests for comment.

This post appeared first on NBC NEWS

The CEO of Alaska Airlines said new, in-house inspections of the carrier’s Boeing 737 Max 9 planes in the wake of a near-disaster earlier this month revealed that “many” of the aircraft were found to have loose bolts.

In an exclusive interview with NBC News senior correspondent Tom Costello, Alaska Airlines CEO Ben Minicucci discussed the findings of his company’s inspections so far since the Jan. 5 incident, in which a panel on one of its Max 9 jets blew out midair on a flight carrying 177 people.

“I’m more than frustrated and disappointed,” he said. “I am angry. This happened to Alaska Airlines. It happened to our guests and happened to our people. And — my demand on Boeing is what are they going to do to improve their quality programs in-house.”

Alaska CEO Ben Minicucci speaks in an exclusive interview with NBC News senior correspondent Tom Costello.NBC News

Following the incident, the Federal Aviation Administration ordered all Boeing Max 9 planes grounded and launched a safety investigation. The agency also announced an audit of Boeing’s Max 9 production line and suppliers ‘to evaluate Boeing’s compliance with its approved quality procedures.’ It is also subjecting Boeing, as well as its third-party suppliers, to additional increased monitoring.

The incident also prompted lawmakers to question whether Boeing’s quality control systems are adequate.

“Given the previous tragic crashes of Boeing 737 Max aircraft, we are deeply concerned that the loose bolts represent a systemic issue with Boeing’s capabilities to manufacture safe airplanes,” Sens. Ed Markey, J.D. Vance and Peter Welch wrote to Boeing CEO Dave Calhoun earlier this month.

There is still no timetable for returning the Boeing-made planes to service because the FAA has not yet issued specific maintenance orders that are required for them to do so.

NBC News senior correspondent Tom Costello interviews Alaska Airlines CEO Ben Minicucci. NBC News

As a result, Alaska Airlines, whose fleet had the highest percentage of Max 9 planes among any major carrier, has spent weeks canceling and rearranging its schedule, leaving thousands of passengers scrambling.

Minicucci said the onus is now on Boeing to show how it will improve its quality control and prevent such incidents from unfolding in the future. But out of an abundance of caution, he said, Alaska Airlines is incorporating its own additional oversight on the production line at Boeing.

‘We’re sending our audit people to audit their quality control systems and processes to make sure that every aircraft that comes off that production line, that comes to Alaska has the highest levels of excellence and quality,’ he said.

United Airlines CEO Scott Kirby said in a separate interview with CNBC on Wednesday that it is now contemplating a future for its fleet without the Boeing 737 Max 10, a newer version of the popular jet.

Alaska Airlines CEO Ben Minicucci said the company will send its own audit staff to perform pre-delivery inspections of its planes at Boeing.NBC News

United has also said that it found additional loose bolts on its Max 9 planes.

Minicucci told NBC’s Costello that while Alaska Airlines ‘was’ planning to buy Max 10s, the company will now evaluate ‘what the best long-term strategic plan is for Alaska(‘s) fleet mix’ once the craft is certified.

‘I think everything’s open at this point … for us,’ he said, confirming that Hawaiian Airlines, which Alaska Airlines is in the process of buying, uses planes produced by Boeing’s rival, Airbus. ‘I think we’re going to do what’s best for Alaska long term, in terms of fleet mix for us. It gives us optionality.’

In a statement to NBC News, Boeing said: “We have let down our airline customers and are deeply sorry for the significant disruption to them, their employees and their passengers. We are taking action on a comprehensive plan to bring these airplanes safely back to service and to improve our quality and delivery performance. We will follow the lead of the FAA and support our customers every step of the way.”

Boeing has lost 19% of its market capitalization over the past month.

Minicucci, who became president of Alaska Airlines in 2016 and began his career as an engineer, said he was ‘incredulous’ that something like the incident earlier this month could even happen.

‘I knew that this was an issue out of the (Boeing) factory,’ he said. ‘There was no question in my mind.’

‘And it’s clear to me that we received an airplane from Boeing with a faulty door. Now the NTSB investigation is going to figure out why that was a faulty door, whether it was bad installation, missing hardware, a manufacturing issue, but there’s no doubt that Alaska received an airplane off the production line with a faulty door,’ Minicucci said, referring to the National Transportation Safety Board’s probe.

This post appeared first on NBC NEWS