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NHL general managers had money to spend this offseason with the salary cap rising from $83.5 million to $88 million.

That led to a busy free agency season in which USA TODAY Sports’ top 25 players moved within three days.

Though things calmed down, there still were plenty of transactions. The Columbus Blue Jackets granted forward Patrik Laine’s trade wish, and the St. Louis Blues made offer sheets to two players from the Edmonton Oilers.

More deals could be on the way. Stars Leon Draisaitl, Sidney Crosby, Mitch Marner, Mikko Rantanen and Igor Shesterkin are eligible to receive contract extensions. Jeremy Swayman, Lucas Raymond, Seth Jarvis and Moritz Seider are among restricted free agents needing new contracts.

Here are the top NHL transactions that have occurred during the 2024 offseason:

Aug. 20: Oilers don’t match Blues’ offer sheets

The Edmonton Oilers chose not to match the St. Louis Blues’ offer sheets to defenseman Philip Broberg (two years, $9.16 million) and forward Dylan Holloway (two years, $4.58 million) and will receive a second- and a third-round pick as compensation for the former first-round picks.

They also made a separate deal with the Blues, acquiring the rights to Notre Dame defenseman Paul Fischer and a 2028 third-round pick for future considerations.

The Western Conference champion Oilers picked up a defenseman, Ty Emberson (who previously played for coach Kris Knoblauch), and a forward, Vasily Podkolzin, in trades earlier this week. Edmonton is now about $946,000 under the salary cap, according to Puckpedia.

Aug. 20: Flyers to terminate Ryan Johansen’s contract

The Philadelphia Flyers, citing ‘a material breach,’ placed forward Ryan Johansen on unconditional waivers for the purpose of terminating his contract. He has one year left at a $8 million salary ($4 million cap hit for the Flyers). Philadelphia took on his contract last season as part of the Sean Walker trade and he never played for the team because of a hip injury. Sportsnet reported that Johansen is expected to file a grievance.

Aug. 19: Canadiens acquire Patrik Laine from the Blue Jackets

The Columbus Blue Jackets granted forward Patrik Laine his trade wish, and the Montreal Canadiens are adding a three-time 30-goal scorer to their young core. The Canadiens give up defenseman Jordan Harris, 24, but also receive a 2026 second-round pick and reportedly are taking on Laine’s full $8.7 million cap hit.

Laine, 26, totaled 110 goals in his first three seasons with the Winnipeg Jets and topped 20 goals twice with the Blue Jackets. But he has had injury issues recently and was in the NHL/NHLPA Player Assistance Program last season. If he can stay healthy and regain his form, he’d boost a Canadiens forward group that includes 25-and-under players Nick Suzuki, Cole Caufield, Juraj Slafkovsky, Alex Newhook and Kirby Dach. Laine is signed through the 2025-26 season.

‘We want players that want to be Blue Jackets and Patrik made it clear that he thought a change of scenery was best for him,’ Blue Jackets general manager Don Waddell. ‘We were able to acquire a good young player in Jordan Harris while maintaining financial flexibility in this deal, which was very important to us.’

Aug. 19: Predators’ Yaroslav Askarov seeks trade, per report

Nashville Predators general manager Barry Trotz told The Tennesseean, part of the USA TODAY Network, that the team expects goaltender Yaroslav Askarov to report to training camp when it opens in September.

Trotz was responding to a report from NHL Network’s Kevin Weekes that Askarov asked to be traded. Weekes also reported Askarov won’t report to the American Hockey League if assigned there.

One of the best young goaltending prospects in the NHL, Askarov is next in line for the Predators’ net behind Juuse Saros. But Saros signed an eight-year contract extension on July 1. – Alex Daugherty, The Tennessean

Aug. 18: Oilers make two trades ahead of decision on matching offer sheets

The Edmonton Oilers traded defenseman Cody Ceci to the San Jose Sharks, along with a third-round pick, for defenseman Ty Emberson. They also acquired forward Vasily Podkolzin from the Vancouver Canucks for a fourth-round pick.

The Oilers have until Tuesday to decide whether to match the St. Louis Blues’ offer sheets to defenseman Philip Broberg (two years, $9.16 million) and forward Dylan Holloway, (two years, $4.58 million). Ceci, a healthy scratch in Game 2 of the Stanley Cup Final, has a $3.25 million cap hit and Emberson makes $950,000, so Edmonton saves $2.3 million in that deal. Podkolzin makes $1 million but spent 44 games in the American Hockey League last season.

Even with the savings, the Oilers would need more in order to match the offer sheets. But Sportsnet’s Elliotte Friedman has reported that Evander Kane needs surgery. Edmonton would get cap relief if Kane goes on long-term injured reserve.

Ceci, 30, gives the Sharks another veteran, as they build around top draft picks Macklin Celebrini and Will Smith.

Aug. 15: Jakub Vrana gets tryout offer from Capitals

The Washington Capitals have made a professional tryout offer to forward Jakub Vrana, who was on the 2017-18 Stanley Cup team. Vrana, 28, who will get a shot to make the team in training camp, had been traded to the Detroit Red Wings in 2021 in the Anthony Mantha deal and spent parts of the past two seasons with the St. Louis Blues.

Aug. 14: Maple Leafs name Auston Matthews captain

The Toronto Maple Leafs named Auston Matthews the 26th captain in franchise history and the first U.S.-born one.

Maple Leafs center John Tavares, named captain in 2019, said he decided it was time to pass the leadership mantle to the two-time 60-goal scorer.

‘This decision is a recognition of a maturation of a person who has shown a skill set that is special, unique and who has a relentless drive to win,’ Tavares, who’s entering the final year in his contract, said at a news conference. ‘In that, I believe Auston can become more and that he is ready for this honor and responsibility.’

Matthews, who was born in California and grew up in Arizona, is entering the first year of a four-year, $53 million contract that gives him the league’s top cap hit. He was the No. 1 overall pick in the 2016 draft.

‘To be a captain is truly special,’ said Matthews, who turns 27 next month. ‘For (Tavares) to call me and kind of let me know that he wanted to pass on the captaincy to me was very emotional.’

Aug. 14: Ryan Getzlaf joins NHL Player Safety department

The NHL Department of Player Safety said former NHL star Ryan Getzlaf is joining the staff of chief disciplinarian George Parros, his former Anaheim Ducks teammate. Getzlaf spent his entire career with the Ducks, winning a Stanley Cup in 2007, and was captain for 12 seasons. He retired in 2022 as the franchise’s leading scorer.

Aug. 13: Blues make offer sheets to pair of Oilers

The St. Louis Blues tendered offer sheets to a pair of Edmonton Oilers restricted free agents, defenseman Philip Broberg and forward Dylan Holloway, Blues general manager Doug Armstrong said.

The Oilers have an Aug. 20 deadline to match the offers. If they don’t, they will receive draft picks as compensation from the Blues.

Broberg’s offer is for two years, $9.16 million and would require a second-round pick going to the Oilers should they decline to match it. Holloway, offered two years and $4.58 million, would return a third-round pick. – Field Level Media

July 31: Evgeny Kuznetsov signs with Russian team

SKA Saint Petersburg announced it had signed forward Evgeni Kuznetsov to a four-year contract with the Kontinental Hockey League team. Kuznetsov and the Carolina Hurricanes had agreed this offseason to terminate his contract. The 2018 Stanley Cup winner with the Washington Capitals was traded to the Hurricanes at the deadline after being cleared by the NHL/NHLPA Players Assistance Program. Kuznetsov, 32, finishes his NHL career with 575 points in 743 games.

Also: The Montreal Canadiens signed defenseman Kaiden Guhle to a six-year, $33.3M contract extension.

July 30: Rangers sign Ryan Lindgren for one year

The final must-do item on the New York Rangers’ offseason agenda is complete.

They inked restricted free agent Ryan Lindgren to a one-year, $4.5 million contract, with details first reported by Sportsnet’s Elliotte Friedman. The 26-year-old defenseman was scheduled for an arbitration hearing Friday.

The Rangers were willing to go well above Lindgren’s $3.6 million qualifying offer in order to keep the deal short, prioritizing flexibility for next summer − when young core players such as Alexis Lafrenière, K’Andre Miller and Igor Shesterkin will be due for expensive new contracts − over a slightly lesser average annual value that likely would have resulted from offering more years.

It casts doubt about whether Lindgren will stick in New York beyond this coming season, but a one-year deal was the prudent decision given the expected 2025-26 salary cap crunch. – Vince Z. Mercogliano, lohud.com

Also: The Montreal Canadiens reached two-year deals with defensemen Arber Xhekaj ($1.3 million cap hit) and Justin Barron ($1.15 million cap hit).

July 29: Wild sign Brock Faber to eight-year extension

The Minnesota Wild signed rookie of the year runner-up Brock Faber to an eight-year extension. It kicks in during the 2025-26 season and will average $8.5 million. Faber, 21, tied for first among rookies in assists (39) and led rookies in average ice time (24:58) and blocked shots (150). His 47 points broke the Wild’s previous record for points by a rookie defenseman (Filip Kuba, 30 in 2000-01). 

July 29: Hurricanes sign Martin Necas for two years

The Carolina Hurricanes and forward Martin Necas agreed to a two-year deal ($6.5 million cap hit), avoiding arbitration. Getting him signed for more than a year is a positive for the Hurricanes, who lost forwards Jake Guentzel, Teuvo Teravainen and Stefan Noesen to free agency. They also mutually agreed to terminate the contract of Evgeny Kuznetsov. Necas, 25, finished fourth on the team in goals (24) and tied for third in points (53). Carolina still needs to sign forward Seth Jarvis.

July 27-28: Blue Jackets sign two restricted free agents

The Columbus Blue Jackets and forward Kirill Marchenko avoided arbitration by agreeing to a three-year contract with a $3.85 million cap hit. The 24-year-old has topped 20 goals in his first two NHL seasons, totaling 44. A day earlier, the Blue Jackets had signed forward Kent Johnson to a three-year deal with a $1.8 million cap hit. Forward Cole Sillinger is the team’s last remaining restricted free agent.

July 26: Trade target Patrik Laine cleared by assistance program

Patrik Laine’s request to be traded by the Columbus Blue Jackets received a significant boost.

The Finnish forward was released from the NHL/NHL Players’ Association’s player assistance program, clearing him to personally speak with coaches, executives and players from around the league for the first time since entering the program Jan. 28 for undisclosed reasons.

Blue Jackets general manager Don Waddell did not comment on Friday’s news but told the Columbus Dispatch, part of the USA TODAY Network, on Tuesday he’s confident a trade for Laine can be worked out this summer. A big holdup in trade talks, according to Waddell, was Laine’s inability to speak with him or opposing GMs while in the NHL/NHLPA program. – Brian Hedger, Columbus Dispatch

July 25: Flyers’ Travis Konecny signs eight-year extension

Philadelphia Flyers forward Travis Konecny signed an eight-year, $70 million contract extension. The new deal, which is to begin in 2025-26, will make Konecny, 27, the highest-paid player on the Flyers’ roster. He had career highs in goals (33), points (68) and short-handed goals (six) in 76 games last season. He led the team in goals, assists and points. ‘There’s such a bright and exciting future with this team and I can’t wait to be a part of it for the next nine years and see what we will accomplish,’ Konecny said. – Field Level Media

July 24: Sabres agree to terms with Ukko-Pekka Luukkonen

The Buffalo Sabres avoided an arbitration hearing by agreeing to terms with goalie Ukko-Pekka Luukkonen on a five-year deal with a $4.75 million cap hit. The restricted free agent gets a big bump from last season’s $837,500 after setting career highs with 54 appearances, 27 wins and a 2.57 goals-against average. The Sabres will go with a young goaltending duo of Luukkonen, 25, and Devon Levi, 22, next season as they try to end a 13-season playoff drought.

July 24: Oilers name Stan Bowman general manager

New Edmonton Oilers general manager Stan Bowman is known both for his three Stanley Cup titles and for stepping down after a 2021 report criticized how the Chicago Blackhawks handled a sexual-assault complaint during their 2010 championship run. He was recently reinstated by the league. Bowman detailed the steps he took during his absence from the NHL and said, ‘I can tell you without a doubt that those things will never happen on my watch again.’

OILERS: What Stan Bowman, others said about Blackhawks scandal

July 23: Sabres agree to terms with Beck Malenstyn

Forward Beck Malenstyn, acquired from the Washington Capitals in an offseason trade, agreed to terms with the Buffalo Sabres on a two-year contract with a $1.35 million cap hit. He had filed for salary arbitration. Malenstyn is known for his defensive work, penalty killing and physical play. He led the Capitals last season with 241 hits while recording career highs with six goals, 15 assists and 21 points.

Sabres goalie Ukko-Pekka Luukkonen also has filed for arbitration.

Also: The Toronto Maple Leafs and forward Connor Dewar agreed to a one-year, $1.18 million deal. He had filed for salary arbitration.

July 22: Blue Jackets hire Dean Evason as coach

The Columbus Blue Jackets have settled on a new head coach.

Dean Evason will run the Blue Jackets’ bench after agreeing to a multi-year contract to fill a void created by the June 17 firing of Pascal Vincent. Not counting interims, Evason, 59, becomes the 11th coach in the franchise’s 24-year history.

Evason steps into the role after veteran Todd McLellan removed himself from the search process earlier this month. Evason doesn’t have as much experience as an NHL head coach as McLellan, but handled that role with the Minnesota Wild for five years before he was fired in November. Evason went 147-77-27 in 251 games with the Wild, including four trips to the playoffs. – Brian Hedger, Columbus Dispatch

July 22: Joe Pavelski announces retirement

Joe Pavelski, who said in June he would take next season off, is retiring, he and the Dallas Stars announced. Pavelski, 40, finishes with 476 goals and 1,068 points in 1,332 career regular-season games between the San Jose Sharks and Stars. He’s the NHL’s leading U.S.-born playoff goal scorer with 74 and helped lead the Stars to back-to-back trips to the Western Conference final. Pavelski never won a Stanley Cup but he went to the Final in 2016 with the Sharks, scoring a playoff-leading 14 goals and four game-winners, and in 2020 with the Stars. He had been captain of the Sharks.

July 20: Canucks sign free agent forward Daniel Sprong

Winger Daniel Sprong’s deal with the Vancouver Canucks is for one year at a reported $975,000. He’s coming off back-to-back 40-point seasons despite averaging 11 to 12 minutes a night. He’ll add secondary scoring to a team that ranked sixth in goals per game last season. Sprong will get another chance to prove himself after the Seattle Kraken didn’t give him a qualifying offer in 2023 and the Detroit Red Wings let him go to free agency.

July 19: Red Wings, Joe Veleno reach deal, avoid arbitration

The Detroit Red Wings and forward Joe Veleno agreed to a two-year, $4.55 million contract, according to Sportsnet. He had filed for salary arbitration after getting a career-best 12 goals and 28 points in a bottom six role.

July 17: Hurricanes, Evgeny Kuznetsov agree to terminate contract

The Carolina Hurricanes placed forward Evgeny Kuznetsov on unconditional waivers for the purpose of terminating his contract. He cleared waivers and the contract was terminated, which will allow Kuznetsov to play in Russia. He had one year, at a $7.8 million cap hit, left on his contract. The Washington Capitals, who traded him to the Hurricanes last season, retained half of that, and both teams are now free of that cap hit.

The mutual decision brings another offseason change to the Hurricanes roster. They weren’t able to re-sign trade deadline acquisition Jake Guentzel and traded his rights to the Tampa Bay Lightning, where he signed. Defensemen Brady Skjei and Brett Pesce and forwards Teuvo Teravainen and Stefan Noesen left in free agency. Defensemen Shayne Gostisbehere and Matt Walker and forwards Jack Roslovic and William Carrier are among the offseason additions.

Kuznetsov spent time last season in the NHL/NHL Players’ Association assistance program and finished with only 24 points in 63 games. He scored a league-best 32 points during the Capitals’ 2018 Stanley Cup run. He also was known for his goal celebration of flapping his arms like a bird.

The Hurricanes announced later in the day that they had re-signed forward Jack Drury to a two-year contract with a $1.725 million cap hit.

July 16: Kings re-sign Quinton Byfield

The No. 2 overall pick in the 2020 draft will get five years at a $6.25 million average. The Los Angeles Kings forward was a restricted free agent. The deal follows a breakthrough last season with a jump from three goals and 22 points to 20 goals and 55 points while being moved into a top six role. If he continues that progress, the deal will look good years from now.

Also: The St. Louis Blues said defenseman Torey Krug has been diagnosed with pre-arthritic changes in his left ankle and will be evaluated in six to eight weeks. If he needs surgery, he will miss the 2024-25 season. The team said the injury is a cumulative result of a bone fracture from earlier in his career. … Vancouver Canucks goalie Arturs Silovs signed a two-year contract. He was pressed into action in the playoffs after an injury to Thatcher Demko.

July 13: Rangers, Blue Jackets sign players

The New York Rangers re-signed defenseman Braden Schneider to a two-year contract with a reported $2.2 million cap hit. The Columbus Blue Jackets and goalie Jet Greaves settled on a two-year deal and avoided arbitration. It’s a two-way deal the first year that pays him less in the American Hockey League, but the second year is a one-way deal.

July 11: Utah’s Tij Iginla signs entry-level contract

Igina, the son of Hall of Famer Jarome Iginla, was the Utah Hockey Club’s first draft pick, taken sixth overall in June. He had 84 points in 64 games last season with Kelowna of the Western Hockey League. Iginla and Detroit Red Wings selection are the 13th and 14th of June’s 32 first-round picks to sign a three-year, entry-level contract.

Also: The Lightning and defenseman J.J. Moser reached a two-year, $6.75 million contract, avoiding arbitration. He was acquired from Utah in the Mikhail Sergachev trade.

July 10: Ryan Suter signs with Blues

Defenseman Ryan Suter, 39, who was bought out for the second time in his career, signed a one-year, $775,000 contract. He can earn another $2.225 million in performance bonuses. The Dallas Stars bought out the final year of his three-year contract. He was bought out by the Minnesota Wild in 2021.

July 8: Capitals name Chris Patrick general manager

Chris Patrick becomes the seventh general manager in Capitals history after being promoted from associate GM. Brian MacLellan was promoted to president of hockey operations. Patrick is the son of Capitals chairman Dick Patrick.

The Capitals were one of the busier teams this offseason, trading for Pierre-Luc Dubois, Andrew Mangiapane, Jakob Chychrun and Logan Thompson and signing Matt Roy, Brandon Duhaime and Taylor Raddysh.

July 6: Top two NHL draft picks sign

No. 1 pick Macklin Celebrini (Sharks) and No. 2 pick Artyom Levshunov (Blackhawks) signed three-year, entry-level deals rather than return for another season at college. They could end up at different levels. Celebrini, who was the clear-cut No. 1 pick, is expected to open the season with the Sharks. Levshunov, depending on what happens in training camp, could start in the American Hockey League.

July 5: 14 players file for salary arbitration

Fourteen restricted free agents have filed for salary arbitration, the NHL Players’ Association announced.

They are (in alphabetical order): Jake Christiansen (Blue Jackets), Connor Dewar (Maple Leafs), Jack Drury (Hurricanes), Ty Emberson (Sharks), Jet Greaves (Blue Jackets), Ryan Lindgren (Rangers), Ukko-Pekka Luukkonen (Sabres), Beck Malenstyn (Sabres), Kirill Marchenko (Blue Jackets), J.J. Moser (Lightning), Martin Necas (Hurricanes), Spencer Stastney (Predators), Joe Veleno (Red Wings) and Oliver Wahlstrom (Islanders).

The key one is Necas, who has been linked to trade rumors. Moser and Malenstyn were acquired in offseason trades.

Hearings will be held from July 20 to Aug. 4, though nearly all players reach a settlement beforehand.

July 3: Kraken hires Jessica Campbell as assistant coach

Jessica Campbell made history when she was hired to join Dan Bylsma’s coaching staff on the Seattle Kraken.

She becomes the first female full-time assistant coach in NHL history to work behind the bench

Campbell, 32, made similar history in the American Hockey League when Bylsma hired her as an assistant coach with the Coachella Valley Firebirds in 2022. Bylsma, a former Stanley Cup winner, is bringing Campbell with him to the NHL after being named Kraken coach in May.

‘I just know that if the team has success and my impact is a good one, it could potentially open the doors for others,’ she said.

July 1-4: Early days of free agency

The Nashville Predators were among the winners by signing Steven Stamkos, Jonathan Marchessault and Brady Skjei. The Carolina Hurricanes and Vegas Golden Knights lost key players early but have added back. On Day 3, the Detroit Red Wings signed two-time Stanley Cup winner Vladimir Tarasenko.

A look at the opening days of 2024 NHL free agency

June 24-July 1: Who was traded before free agency?

The Tampa Bay Lightning and Washington Capitals were busy on the trade front. The Lightning moved out Mikhail Sergachev and Tanner Jeannot, then acquired the rights to Jake Guentzel and signed him to a seven-year, $63 million contract. The Capitals traded for forwards Dubois and Mangiapane, defenseman Chychrun and goalie Thompson, moving out goalie Darcy Kuemper and Beck Malenstyn.

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Independent presidential candidate Robert F. Kennedy Jr.’s running mate, Nicole Shanahan, claimed Monday that President Biden at this point is ‘basically president in name only.’ 

‘Tonight, we are going to hear from President Joe Biden, who at this point is basically president in name only,’ Shanahan said in a video shared to X. 

‘You know, no matter what your opinion is of Joe Biden, if you love him or if you hate him or don’t really care, you have to realize that something feels very wrong about how the Democratic Party ran a full core pressure campaign to get him out of office after he won 14-15 million votes in the primaries,’ she said. 

‘Isn’t it strange how he bowed out because he didn’t feel like he could serve another four years, but somehow he’s OK to serve four more months as we face historic inflation, debt and war? Any impartial observer can look at that and realize the DNC machine did what they always do. They pushed someone out they couldn’t successfully puppeteer,’ Shanahan said. ‘So much for defending democracy.’ 

At the Democratic National Convention on Monday night, Biden said he had ‘a lot to do’ in the remaining five months of his presidential term. 

Comparing himself to Democratic presidential nominee Vice President Kamala Harris, Biden said, ‘Like many of our best presidents, she was also vice president. That’s a joke…’ 

Biden appeared to be referencing how he served as former President Barack Obama’s vice president.

‘But she’ll be a president our children could look up to,’ Biden continued. ‘She’ll be a president respected by world leaders because she already is. She’ll be a president we can all be proud of. And she will be a historic president who puts her stamp on America’s future. This will be the first presidential election since January 6th.’ 

 ‘Selecting Kamala was the very first decision I made before I became, when I became our nominee, and it was the best decision I made my whole career,’ Biden said. 

X users on Monday questioned whether Biden is truly in charge. 

‘Are we just forgetting that Joe Biden is still in office?’ wrote Jerry Wayne, a Michigan autoworker who went viral for confronting Biden about gun control on the 2020 campaign trail.

‘Joe Biden is still the President for 154 more days. Pray for America,’ Fox News contributor and former Trump campaign operative Steve Cortes wrote on X. 

At the DNC, Biden stressed that his term is not over. ‘Folks, I’ve got five months left in my presidency. I’ve got a lot to do. I intend to get it done,’ Biden said. 

Regardless of the outcome of the election in November, a new president would not, under traditional circumstances, be inaugurated until Jan. 20, 2025. As of Tuesday, that means Biden has 153 days left of his four-year term. The 25th Amendment of the Constitution stipulates that if the president dies, resigns or is removed from office, the vice president automatically becomes president.

After Biden’s disastrous debate performance against Republican nominee and former President Trump in June, Democratic lawmakers and donors pressured the 81-year-old president to step aside from the race amid concern his age and mental fitness would destroy the party’s chances of holding onto the White House and Senate, as well as reclaiming the House in November. 

In a clip shared by RNC Research, Biden stood at the podium during a stage test earlier Monday afternoon at the United Center while reporters shouted questions. 

One reporter asked, ‘Donald Trump claims that you were pushed out, put from the top of the ticket, and this amounts to a coup from your party. What do you make of these claims?’ 

Biden started to answer, but his response was quiet and barely audible, so the reporter pressed, ‘his what?’ The president then went silent, waved her off and other reporters began asking different questions. 

Biden ended his re-election campaign on July 21 and immediately endorsed Harris’ presidential candidacy. Harris secured enough delegates to become the presidential nominee on Aug. 1 during a virtual roll call conducted by the Democratic National Committee two weeks before the start of the party’s convention at the United Center in Chicago. The RNC, by contrast, did their roll call in person in Milwaukee. 

In his DNC speech Monday night, Biden insisted there was no bad blood and that he made the decision to back out of the race for the good of the country. 

‘It’s been the honor of my lifetime to serve as your president. I love the job, but I love my country more. I love my country more. Now, all this talk about how I’m angry. All those people said I should step down. That’s not true. I love my country more,’ Biden said. ‘And we need to preserve our democracy in 2024. We need you to vote, I need you to keep the Senate. We need you to win back the House of Representatives. And above all, we need you to beat Donald Trump.’ 

Harris isn’t expected to formally accept the Democratic presidential nomination until Thursday. But Biden left the DNC immediately after what some mainstream media billed his ‘farewell address’ Monday night. 

The speech concluded in the dead of night, and the president and first lady Jill Biden touched down in California early Tuesday morning. 

Listing priorities for the remainder of his presidency, Biden told the DNC that he would continue working with Harris to bring all Americans wrongfully detained around the world home. 

Biden said Monday night that his administration, namely Secretary of State Antony Blinken, is ‘working around the clock’ to prevent a wider war in the Middle East, bring back the remaining hostages held by Hamas after the Oct. 7 terrorist attacks on Israel, surge humanitarian assistance into Gaza to ‘end the civilian suffering of the Palestinian people’ and ‘finally deliver a cease-fire and end this war.’ 

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CHICAGO – Gov. Gavin Newsom said in the four weeks since Vice President Kamala Harris replaced President Biden at the top of the Democratic Party’s 2024 ticket, ‘everyone and their mother is jumping on to help.’

Harris has been riding a wave of momentum as she has enjoyed a surge in polling and fundraising after Biden’s blockbuster announcement that he was ending his re-election bid for a second term in the White House.

Biden’s disastrous performance against former President Trump in their late June debate fueled questions over whether the 81-year-old president had the physical and mental abilities to handle another four years in the White House and sparked a chorus of calls from within his own party to end his 2024 campaign.

Biden eventually caved to the pressure, announcing the suspension of his re-election campaign three days after the Republican National Convention ended with a solidified GOP ticket of Trump and running mate, Ohio Sen. JD Vance. 

Until Biden dropped out of the race, Newsom had been one of the president’s top surrogates.

When asked if he would be as voracious for Harris on the campaign trail as he was for Biden, the two-term California governor pointed to his longtime friendship and working relationship with the vice president, who also hails from the Golden State.

‘We knew each other a decade before we both got into politics. One of my oldest friends. So it’s a no brainier,’ Newsom told Fox News Digital on Monday during the first night of the Democratic National Convention at Chicago’s United Center arena.

‘But here’s the difference,’ Newsom said. ‘I’m a solution in search of a problem. Everyone and their mother is jumping on to help. So, I’m as needed. But obviously all in.’

However, Newsom, who is thought to have long harbored national ambitions of his own, added that he may not be asked by the Harris campaign to hit the trail on behalf of the vice president.

‘We’ll see. Because everybody’s out there. Everybody’s doing everything,’ the governor said.

Pointing to his campaign travels across the country on behalf of Biden this summer before the president ended his 2024 bid, Newsom told this reporter ‘you were with me in New Hampshire. There wasn’t many of us. Everything about that was very different. Right now, everybody is out there for Kamala.’

‘Everybody’s sort of jumping over each other to be out there on the campaign trail.’

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The Israel Defense Forces (IDF) recovered the bodies of six deceased Israeli hostages in a rescue operation Monday, the forces announced. 

‘Overnight our forces returned the bodies of six of our hostages that had been held by the murderous Hamas terrorist organization,’ Israeli Prime Minister Benjamin Netanyahu said in a statement.

‘Our hearts grieve over the terrible loss,’ Netanyahu said. ‘My wife Sara and I convey our heartfelt condolences to the dear families.’

‘I would like to thank the brave IDF and ISA fighters and commanders for their heroism and determined action,’ he added. ‘The State of Israel will continue to make every effort to return all of our hostages – the living and the deceased.’

The bodies of Nadav Popplewell, Yagev Buchshtab, Yoram Metzger, Chaim Peri, Alexander Dancyg, and Avraham Munder returned from Khan Yunis area in Gaza thanks to the efforts of the IDF’s 98th Division and carried out by the ‘Yahalom’ Unit of the Paratroopers Brigade, along with others, the IDF announced. 

In a statement, IDF International spokesperson Lt. Col. Nadav Shoshani said, ‘This was a complex rescue operation that was conducted both above and below ground. We have not yet finished all our missions in the area. We are still operating inside the tunnels’. He continued, ‘The bodies were being held in a tunnel under an area previously designated as part of the Humanitarian Area in Khan Yunis’.

The forces located a tunnel shaft about 10 meters deep leading to an underground tunnel route where the bodies of the hostages were found, according to a statement released on Wednesday.

‘The soldiers of the Yahalom Unit and the ISA investigated the route and neutralized the obstructions, blast doors, weapons, explosives and hideouts used by the terrorists,’ the IDF explained. ‘The rescue was carried out after prolonged combat in a built-up area and in multi-story buildings, in which the forces carried out operations and searches that led to the elimination of terrorists and the destruction of terrorist infrastructure.’

The IDF and ISA stressed that they continue to deploy ‘all operational and intelligence means in order to fulfill the supreme national mission of bringing back all the hostages,’ according to their statement.

‘The recovery of the bodies of Abraham, Alex, Chaim, Yagev, Yoram, and Nadav crucially provides their families with necessary closure and grants eternal rest to the murdered,’ the Hostages and Missing Families Forum said in a statement. 

‘Israel has a moral and ethical obligation to return all the murdered for dignified burial and to bring all living hostages home for rehabilitation,’ the organization said. ‘The immediate return of the remaining 109 hostages can only be achieved through a negotiated deal.’

‘The Israeli government, with the assistance of mediators, must do everything in its power to finalize the deal currently on the table,’ the organization said. 

Hamas still has 109 hostages in their custody, with 36 of them presumed dead and their bodies still in Gaza. Eight of those remaining hostages are American, with three believed to have been murdered in captivity by Hamas.

The rescue operation occurred as U.S. Secretary of State Antony Blinken on Monday announced that Netanyahu had ‘accepted’ President Biden’s cease-fire plan, even though Netanyahu has not yet formally agreed to any cease-fire at this time. The U.S. will continue to coordinate with Egyptian and Qatari leadership to ‘bridge the gaps’ between warring parties. 

‘The parties – with the help of the mediators, the United States, Egypt and Qatar – have to come together and complete the process of reaching clear understandings about how they’ll implement the commitments that they’ve made under this agreement,’ Blinken said without specifics on what was included. 

‘But there is, I think, a real sense of urgency here across the region on the need to get this over the finish line and to do it as soon as possible,’ Blinken added. ‘The United States is deeply committed to getting this job done – getting it done now.’

Blinken then met on Tuesday with Egyptian counterparts with the aim of trying to finalize a cease-fire deal in Gaza ‘that would secure the release of all hostages, surge humanitarian assistance and create a path for broader regional stability,’ according to U.S. State Department principal deputy spokesperson Vedant Patel.

‘They also discussed other regional issues and priorities relevant to our bilateral relationship,’ Patel said. ‘The Secretary and the Foreign Minister also agreed to continue close coordination on ending the Sudan conflict, and the need for the Sudanese Armed Forces to join negotiations in Switzerland.’

Additionally, the Israeli Air Force (IAF) struck two Hezbollah launchers in the areas of Mansouri and Taybeh in southern Lebanon. The launchers were ready to be used immediately against Israeli territory. 

The U.S. has also held strategic dialogue with Egyptian counterparts to ‘further strengthen the bilateral partnership’ between the two countries on a range of issues.

Netanyahu assured families of the remaining hostages that the IDF is using ‘all necessary force to dismantle Hamas’ rule and its military capability, and this is moving forward.’ 

‘At the same time, [we are] making an effort to return the hostages and preserve our strategic security assets in the face of major domestic and foreign pressure.’

‘The first thing is to eliminate Hamas and achieve victory,’ he told the families in a forum on Tuesday. ‘We are approaching this step by step.’

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CHICAGO – As day two of the Democratic National Convention gets underway Tuesday in blue state Illinois’ largest city, former President Trump and his running mate, Sen. JD Vance, will be in nearby battleground states.

It is part of the Trump campaign and the Republican National Committee’s plan to offer a full week of counter-programming to the Democrats’ national nominating convention.

‘Donald Trump is barnstorming all across the country over the course of this next week,’ RNC Chair Michael Whatley emphasized in a Sunday interview on Fox News’ ‘America’s Newsroom.’

‘We are going to be out directly talking to every American family across the country the way that only Donald Trump can. And we are absolutely asking for their votes. We’re asking for their support,’ Whatley highlighted.

The move is partially to try and blunt the momentum of Vice President Kamala Harris heading into the Democrats’ convention. Harris has been riding a wave of energy and enthusiasm – both in polling and in fundraising – since replacing President Biden at the top of the Democrats’ 2024 ticket four weeks ago.

However, it also appears to be another move to try and put pressure on Harris for not holding a news conference or a major interview since Biden bowed out and backed his vice president.

‘At the DNC, Kamala Harris will hide behind celebrities because everyday families know that she has been an absolute disaster for our nation, and real Americans are worse off now than four years ago,’ Trump campaign co-chairs Susie Wiles and Chris LaCivita charged in a statement on the eve of the convention.

They argued that the vice president ‘has failed to answer media questions for 28 days because she can’t explain away her record of supporting policies that cause inflation, bans on private health insurance, destroying American energy, and higher taxes.’

As Fox News first reported last week, both Trump and Vance are on the campaign trail during the Democrats’ convention, headlining ‘messaging events’ in the states that will likely decide the outcome of the 2024 presidential election.

Additionally, as a Trump adviser revealed last week, ‘a whole cadre of people’ – including top surrogates – will also be making the GOP’s case throughout the week.

Trump’s schedule is packed with more events than he has done in months.

On Monday, he was in York, Pennsylvania, taking aim at Harris over the economy, while Vance was also talking about pocketbook issues during a stop in Philadelphia.

Pennsylvania, with 19 electoral votes up for grabs, is the largest prize among the crucial swing states.

At his event at a factory in York, Trump reiterated his pledge to cut taxes if he returns to the White House.

‘Our plan will massively cut taxes,’ Trump said. ‘I gave you the best tax cut in history.’

Harris campaign spokesperson Sarafina Chikita took aim at Trump, charging that ‘Americans should be clear on what he will do: He will raise costs on middle class families by $3,900 a year. He will ship American jobs overseas. He will cut Social Security and Medicare and repeal the Affordable Care Act — just like he tried to do last time he was in the White House.’

On Tuesday, Trump will be in Michigan while Vance spotlights the issue of crime during a news conference in southeastern Wisconsin, close to the Democrats’ convention in Chicago.

On Thursday, Trump will visit the U.S.-Mexico border in Arizona while Vance highlights the issue of immigration during a stop in Georgia. On Friday, the former president stumps in Arizona and Nevada on his ‘no tax on tips’ pledge.

‘As they meet Americans where they are in battleground states across the country, President Trump and Senator Vance will remind voters that under their leadership, we can end inflation, protect our communities from violent criminals, secure the border, and Make America Great Again,’ LaCivita and Wiles said.

On Monday, as the convention kicked off, top Trump allies in the Senate – Sens. Rick Scott of Florida and Ron Johnson of Wisconsin – were also making the case for the former president and slammed Harris and Walz at a news conference in downtown Chicago’s Trump International Hotel and Tower. 

Rep. Byron Donalds of Florida, a top House ally of Trump, fills the role on Tuesday, and the campaign plans Wednesday and Thursday news conferences as well. 

The Biden campaign counter-programmed with news conferences that included top surrogates in Milwaukee during the Republican National Convention last month.

Meanwhile, Harris and her running mate, Minnesota Gov. Tim Walz, will travel Tuesday from Chicago to nearby Milwaukee to headline a rally in the key Midwestern battleground.

In years past, it was traditional for a presidential candidate to lie low while the other party held its national nominating convention. 

However, last month, as the Republicans held their convention in Milwaukee, Biden briefly campaigned in the key swing state of Nevada before cutting his trip short after catching COVID.

Days later, Biden’s blockbuster announcement that he was ending his re-election campaign following his disastrous late June debate performance against Trump upended the 2024 election.

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In this video from StockCharts TV, Julius looks at the conflicting rotations in both asset classes and equity sectors. The weekly rotations differ significantly from their daily counterparts. What does it mean for the current rally in the S&P 500, and what does it mean for the relationship between stocks and bonds?

This video was originally broadcast on August 20, 2024. Click anywhere on the icon above to view on our dedicated page for Julius.

Past episodes of Julius’ shows can be found here.

#StayAlert, -Julius

Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq nearly five months ago after a merger.

Trump Media, the company that owns the Republican presidential nominee’s preferred social messaging platform Truth Social, closed down more than 3.5% to settle at $22.24 a share.

The previous low point for the stock, which trades under the DJT ticker, was in mid-April when the price plummeted to $22.55 following the company’s slingshot rise in its frenzied public trading debut.

The notoriously volatile stock’s downward trajectory over the past month coincided with a swirl of seismic developments for Trump, who is both the majority stakeholder of Trump Media and a main draw for Truth Social users.

The share price surged on July 15, the first trading day after Trump was nearly assassinated at a campaign rally in western Pennsylvania.

Trump was formally nominated at the Republican National Convention two days later, bolstering the momentum he had already built up against President Joe Biden, who at the time was the presumptive Democratic nominee.

But Trump’s growing lead suddenly shrunk when Biden dropped out of the election contest on July 21 and endorsed Vice President Kamala Harris as his replacement to lead their party’s ticket.

The historic switch flipped betting markets’ views on who will win in November. Harris is now favored over Trump.

Trump Media has said in regulatory filings that its success is at least partly tied to Trump’s popularity and reputation.

Some Trump supporters seem to treat the company’s stock as a way to support the former president or bet on his chances of winning a second term.

On Aug. 9, Trump Media reported a loss of over $16 million for the fiscal quarter ending June 30, while posting just $837,000 in revenue in the same period.

The company attributed about half of its loss to ongoing legal expenses related to its merger with the special purpose acquisition company Digital World Acquisition Corp., which was delayed for more than two years after it was announced.

Despite its meager revenue, the company currently has a market capitalization of nearly $4.5 billion due to its stock price.

Trump is bound by a licensing agreement that requires him to make “non-political” social media posts on Truth Social first.

But he is free to post political messages on any site without restriction — and he has recently exercised that ability by posting on X and TikTok, two social media giants whose audiences dwarf Truth Social’s.

Trump on Aug. 12 was interviewed by Tesla CEO Elon Musk in a livestream on the social media app X, which Musk owns.

Trump has periodically posted on X, formerly known as Twitter, since the interview.

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The Securities and Exchange Commission on Monday said it fined billionaire activist investor Carl Icahn and his company $2 million, settling allegations that he failed to disclose billions of dollars worth of personal margin loans pledged against the value of his Icahn Enterprises stock.

Icahn and the publicly-traded company that bears his name settled those charges without admitting or denying wrongdoing. They agreed to pay $500,000 and $1.5 million in fines, respectively, the SEC said in a press release Monday.

The SEC said that Icahn, who established himself as a ruthless corporate raider before adopting the friendlier mantle of activist investor, pledged anywhere from 51% to 82% of Icahn Enterprises, or IELP, shares outstanding to secure billions worth in margin loans without disclosing that fact to shareholders or federal regulators.

Icahn’s cumulative personal borrowing was as much as $5 billion, according to an SEC consent order.

As the effective controlling shareholder of IEP, Icahn would have been expected to make what are known as Schedule 13D filings, which typically detail what a controlling shareholder expects to do with their influence over a company. They also would have had to include information about any encumbrances, like margin loans, on a stake.

“The federal securities laws imposed independent disclosure obligations on both Icahn and IEP,” Osman Nawaz, a senior SEC official, said. “These disclosures would have revealed that Icahn pledged over half of IEP’s outstanding shares at any given time.”

Icahn’s margin borrowing was highlighted in a May 2023 report issued by short-seller Hindenburg Research, which put pressure on Icahn Enterprises’ stock after alleging that the holding company was, among other things, not estimating the value of its holdings correctly.

Icahn amended, consolidated and disclosed his margin borrowings in July, according to the SEC’s consent order, two months after the Hindenburg report.

“The government investigation that followed has resulted in this settlement which makes no claim IEP or I inflated NAV or engaged in a ‘Ponzi-like’ structure,” Icahn said in a statement to CNBC. “We are glad to put this matter behind us and will continue to focus on operating the business for the benefit of unit holders.”

Hindenburg Research wrote on X on Monday that IEP is “still operating a ponzi-like structure” and reiterated that it remains short the stock.

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DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, CNBC has learned.

The layoffs, including roughly 600 jobs at GM’s tech campus near Detroit, come less than six months after leadership changes overseeing the operations, including former Apple executive Mike Abbott leaving the automaker due to health reasons.

“As we build GM’s future, we must simplify for speed and excellence, make bold choices, and prioritize the investments that will have the greatest impact,” a GM spokesman said in an emailed statement. “As a result, we’re reducing certain teams within the Software and Services organization. We are grateful to those who helped establish a strong foundation that positions GM to lead moving forward.”

GM declined to disclose the entire number of layoffs, but a source familiar with the action confirmed more than 1,000 salaried employees would be laid off, including 600 in Warren, Michigan. Impacted employees were notified Monday morning.

The layoffs represent about 1.3% of the company’s global salaried workforce of 76,000 as of the end of last year. That included about 53,000 U.S. salaried employees.

The cuts come as automakers attempt to reduce costs and, in many instances, employee headcount amid fears of an industry downturn, and as they’re spending billions of dollars on emerging markets such as all-electric vehicles and so-called “software-defined vehicles.”

Software, specifically monetizing it, has been a major focus for automakers, including GM, as it eyes recurring revenue opportunities such as subscriptions to boost profits.

The software and services division covers a wide variety of areas for the automaker, including infotainment, its OnStar brand and emerging areas such as subscriptions and other vehicle features.

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Conference realignment has entirely shifted the dynamics in college sports, which, honestly, can be a little confusing at times.

Some programs that have long been mainstays in their respective conferences, perhaps even embodying the regional spirit of those conferences, have chased money, power and television exposure, restructuring the economics of college athletics.

All of this has not been without casualties, as some conferences – such as the Big Ten and Southeastern Conference – have consolidated power, incorporating schools that are often on the geographic opposite of the country. One such victim has been the Pac-12, which is clinging to life.

Originally founded as the Pacific Coast Conference in December 1915, the conference started out with four teams. Eventually, the conference would expand to 12 teams when Colorado and Utah joined in 2010, but all that has changed.

Here’s everything you need to know about the Pac-12 Conference ahead of the 2024-25 college athletic season:

Does the Pac-12 still exist?

Yes, but it perhaps should be called the Pac-2, given that there are only two programs still remaining in the conference. The conference will sponsor five sports in the 2024-25 season: baseball, football, track and field, women’s gymnastics and wrestling.

What schools remain in the Pac-12 conference?

The only two teams left in the Pac-12 are the Oregon State Beavers and the Washington State Cougars. Oregon State is one of the original members of the conference, which originated in December 1915 as the Pacific Coast Conference. In fact, Oregon State was known back then as Oregon Agricultural College.

Washington State, which was then known as Washington State College, joined the conference in 1917.

For the next two years starting with 2024, OSU and WSU will be competing across 12 sports (men’s basketball; women’s basketball; men’s cross country; women’s cross country; men’s golf; women’s golf; women’s rowing; men’s soccer; women’s soccer; softball; women’s tennis and women’s volleyball) as affiliate members of the West Coast Conference.

During that span, Washington State will compete in two sports (baseball and women’s swimming) as affiliate members of the Mountain West Conference.

And for its men’s rowing team, Oregon State will compete in the Intercollegiate Rowing Association (IRA).

What schools left the Pac-12 conference?

Oregon, UCLA, USC and Washington have joined the Big Ten.

Arizona, Arizona State, Colorado and Utah have joined the Big 12.

Cal and Stanford have joined the ACC.

This post appeared first on USA TODAY