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LeBron James says he is excited after his youngest son, Bryce, committed to the University of Arizona to continue his basketball career.

The 17-year-old senior from Sierra Canyon High School in Chatsworth, California, had offers from Ohio State and Duquesne before choosing Arizona.

“It was his decision to make, and he went where he felt comfortable,” the elder James said after scoring 38 points in the Los Angeles Lakers’ 114-106 win over the Portland Trail Blazers. “Coach (Tommy) Lloyd is a straight shooter. Gave him exactly what they believe (about) him, what they thought about him as a person, as a player. We’re happy to be part of the Bear Down community now.”

The four-time champion also took time to poke some fun at some former Arizona players who were his teammates when the Cleveland Cavaliers won the NBA title in 2016.

“Got some terrible friends in Richard Jefferson and Channing Frye that are alum there,” James said. “So not too excited about that, but other than that, we’re excited to go be a part of the Tucson community.”

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The ball has come down, ‘Auld Lang Syne’ has been sung across the country, and 2025 has officially arrived. But the college football bowl season isn’t quite over yet. This clearly is the denouement after the big New Year’s Day playoff showcase, but there are still a few deserving teams that will take their place in the spotlight over the next couple of days.

There are a pair of games on the docket on this Friday, starting with a salute to public servants and finishing with a messy celebration of sandwich condiments. No more edible mascots, alas, but here’s a look at the participants.

First Responder Bowl – North Texas vs. Texas State

Time/TV/location: 4 p.m. ET, ESPN, Dallas.

Why watch: The day’s doubleheader kicks off with this Lone Star State group-of-five showdown. Stop us if you’ve heard this one before, but North Texas will be without several outgoing transfers, most notably starting QB Chandler Morris and leading WR DT Sheffield. Drew Mestemaker will make his starting debut at QB for the Mean Green, and he’ll likely make extensive use of his most experienced WR Damon Ward. The Bobcats have some departures as well, but QB Jordan McCloud is still around. His primary targets are WRs Joey Hobert and Jaden Williams.

Why it could disappoint: Mean Green fans have to hope the team’s young players execute right away, but it’s more likely the Bobcats’ experienced hands will put this one on ice with relative ease.

Duke’s Mayo Bowl – Minnesota vs. Virginia Tech

Time/TV/location: Friday, 7:30 p.m. ET, ESPN, Charlotte, N.C.

Why watch: The power conferences take the field again for the nightcap that will culminate in an extremely messy postgame ritual. The Hokies will have the last chance to salvage what has been a largely disappointing postseason for the ACC, but the Golden Gophers arrive in better health. Minnesota’s playmaking trio of QB Max Brosmer, WR Daniel Jackson and RB Darius Taylor should all be on hand. Virginia Tech QB Kyron Drones was limited down the stretch with a variety of injuries and is unlikely to play. The good news is backup William “Pop” Watson is also returning to the Hokies next year, and he saw considerable action late including the season-ending victory against Virginia.

Why it could disappoint: The collective list of accomplishments by both teams would suggest the Gophers will have a significant advantage. The Hokies have been involved in some nail-biters, however, so perhaps this one will pleasantly surprise by being close.

This post appeared first on USA TODAY

The College Football Playoff reaches a crucial stage with the Notre Dame Fighting Irish set to clash with the Penn State Nittany Lions in the Capital One Orange Bowl at Hard Rock Stadium. This matchup is of immense significance in the journey towards the championship.

Despite a setback caused by a tragic event in New Orleans, the Notre Dame Fighting Irish, with their unwavering spirit, overcame the odds and emerged victorious against the Georgia Bulldogs in the CFP quarterfinal game. Quarterback Riley Leonard’s stellar performance, both in the air and on the ground, was a testament to their resilience.

The Nittany Lions secured their spot in the College Football Playoff semifinals with a convincing 31-14 victory over Boise State and Heisman Trophy runner-up Ashton Jeanty. Penn State quarterback Drew Allar delivered a standout performance, completing 52% of his passes for 171 yards and three touchdowns. Running back Kaytron Allen also played a significant role, rushing for 134 yards on 17 carries, contributing to the Nittany Lions’ win.

Here is everything to know ahead of the Capital One Orange Bowl semifinal game between Notre Dame and Penn State.

Capital One Orange Bowl predictions: Notre Dame vs. Penn State

ESPN: Notre Dame has a 58% chance to win

According to ESPN’s Matchup Predictor, the Notre Dame Fighting Irish has a 58.9% chance to defeat Penn State in the Orange Bowl.

CBS Sports: Pick Penn State

David Cobb writes: ‘Notre Dame used a kickoff return for a touchdown and costly Georgia turnovers to outlast Georgia in the Sugar Bowl. It was an impressive showing, but was it replicable? The Fighting Irish enter the Orange Bowl with two fewer days of rest than the Nittany Lions, and that could make a difference considering how physical this game will be. Penn State wants to run the football, and Notre Dame is still grappling with the absence of star defensive lineman Rylie Mills. The Nittany Lions have demonstrated offensive improvement this season under first-year coordinator Andy Kotelnicki and have enough versatility to keep the Fighting Irish off balance in what should be a tight game.’

Tickets to the Orange Bowl with StubHub

Capital One Orange Bowl odds, lines: Notre Dame vs. Penn State

The Notre Dame Fighting Irish are favorites to defeat the Penn State Nittany Lions, according to the BetMGM college football odds.

Spread: Notre Dame (-1.5)
Moneylines: Notre Dame (-125); Penn State (-105)
Over/under: 46.5

How to watch Notre Dame vs. Penn State in the Capital One Orange Bowl

Date: Thursday, Jan. 9
Time: 7:30 p.m. ET
TV: ESPN
Stream: Fubo
Where: Hard Rock Stadium (Miami Gardens, FL)

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Speaker-designate Mike Johnson, R-La., was re-elected to lead the House of Representatives on Friday.

The Louisiana Republican won along party lines during the first round of voting, a stark contrast to his predecessor’s drawn-out, 15-round battle in 2023.

It comes despite saber-rattling by some conservatives who threatened to withhold support from Johnson in protest of his handling of government funding and several other issues in the 118th Congress.

Rep. Thomas Massie, R-Ky., who was part of an unsuccessful push to oust Johnson last year, was the speaker-designate’s most vocal critic leading up to the Friday vote.

He told former Rep. Matt Gaetz, R-Fla., on his new One America News Network program, ‘You can pull all my fingernails out, you can shove bamboo up in them, you can start cutting off my fingers.’

‘I am not voting for Mike Johnson tomorrow, and you can take that to the bank,’ Massie said. 

Other detractors included members of the House Freedom Caucus like Rep. Chip Roy, R-Texas, who has expressed interest in chairing the influential House Rules Committee, the panel that directs terms for House-wide votes on legislation.

Johnson’s allies warned in return that a prolonged House Speaker fight could delay Congress’ joint session to certify President-elect Donald Trump’s victory, slated for Jan. 6.

Johnson also had a key backer in Trump, who emphasized his support for the GOP leader hours before the midday vote.

‘Good luck today for Speaker Mike Johnson, a fine man of great ability, who is very close to having 100% support. A win for Mike today will be a big win for the Republican Party, and yet another acknowledgment of our 129 year most consequential Presidential Election!!’ Trump wrote on his Truth Social app.

Johnson wrote on X in response, ‘Thank you, President Trump! Today is a new day in America. Congressional Republicans must stay united to quickly deliver President Trump’s America First agenda. Let’s get it done.’

His victory marks the start of his first full term as speaker. Johnson won the gavel in October 2023 after three weeks of closed-door talks following the ouster of ex-Speaker Kevin McCarthy, R-Calif.

This post appeared first on FOX NEWS

In a top meeting with National Security Adviser Jake Sullivan roughly a month ago, President Biden was presented with a series of strike options should Iran make a move to develop a nuclear weapon, reported Axios on Friday. 

The White House did not immediately respond to Fox News Digital’s questions regarding the strike options, but according to the report, Biden has not signed off on any plans to hit Iran’s nuclear program. 

Biden has vowed not to let Iran develop a nuclear weapon on his watch, but it remains unclear what steps Iran would have to take in order for the Biden administration to respond with direct hits, given that Tehran has already been reported to have stockpiled near-weapons-grade uranium and to be bolstering its weaponization capabilities. 

The president was reportedly presented with a series of scenarios and response options during the meeting, though sources told the outlet that Biden has not made any final decisions regarding the information he was given. 

Another source reportedly said that currently there are no active discussions on militarily hitting Iran’s program.

Biden repeatedly warned Israel against hitting Tehran’s nuclear program as tensions between the two nations reached a boiling point last year amid the conflict with Hamas and Hezbollah – both of which had the backing of Iran. 

But some aides close to the president have reportedly argued that the U.S. has the ‘imperative’ and the ‘opportunity’ to strike Tehran’s nuclear ambitions given its efforts to accelerate its program and its weakened position given the significantly degraded standing of Iran’s proxy forces. 

Sources told Axios that Sullivan did not advise the president to take action either way but merely presented him with scenarios. 

The report also noted that the National Security Adviser, along with other aides to the president, believed that the degraded nature of Iran’s air defenses and missile capabilities and weakened proxy forces could improve the likelihood of a successful strike and decrease the chance of Iranian retaliation. 

Biden reportedly focused on the issue of urgency and whether Iran had taken specific steps to justify a potentially conflict-inducing military strike just weeks before a new administration takes office – though it remains unclear what those steps would include. 

‘You can look at the public statements of Iranian officials, which have changed in the last few months as they have been dealt these strategic blows, to raise the question: Do we have to change our doctrine at some point? The fact that that’s coming out publicly is something that has to be looked at extremely carefully,’ Sullivan said during remarks in New York just one week before Christmas Day. 

He also pointed to the blows Iran has seen this year and argued that they could push Iran to develop a nuclear weapon rather than deter it. 

‘It generates choices for that adversary that can be quite dangerous, and that’s something we have to remain extremely vigilant about as we go forward,’ Sullivan said.

This post appeared first on FOX NEWS

Separate ethics complaints filed by members of Congress and an advocacy group against Justices Clarence Thomas and Ketanji Brown Jackson will not be referred to the Justice Department, federal court officials announced.

The U.S. Judicial Conference said Thomas has agreed to follow updated guidelines on listing free private travel and gifts from friends, following previous reporting on undisclosed hospitality.

For her part, Jackson has amended her financial disclosures following complaints about her husband’s consulting income as a physician.

Democratic Sens. Sheldon Whitehouse (D-RI) and Ron Wyden (D-OR), along with Rep. Hank Johnson (D-GA), had asked for an investigation by the judiciary itself into undisclosed hospitality provided to Thomas by billionaire friend Harland Crow. ProPublica reported on several instances of private travel and lodging over the years.

Judge Robert Conrad, who heads the judicial conference policymaking body, said in letters to the lawmakers that Thomas had filed amended financial disclosures ‘that address several issues identified in your letter.’ 

Additionally, Conrad said that it was not clear whether the judiciary itself could make criminal referrals against a sitting Supreme Court member.

‘Because the Judicial Conference does not superintend the Supreme Court and because any effort to grant the Conference such authority would raise serious constitutional questions, one would expect Congress at a minimum to state any such directive clearly. But no such express directive appears in this provision,’ Conrad said.

Conrad noted that Whitehouse and Wyden had separately asked Attorney General Merrick Garland to name a special counsel to investigate then-former President Donald Trump. Garland has not acted yet on that request.

Whitehouse, in a statement, criticized the Judicial Conference’s decision.

‘By all appearances, the judicial branch is shirking its statutory duty to hold a Supreme Court justice accountable for ethics violations,’ said Whitehouse.

The complaint filed against Jackson came from Citizens for Renewing America, led by Russ Vought, who was nominated by President-elect Trump to lead the Office of Management and Budget.

Questions over ethics, including unreported private travel by some justices, have led the court to adopt its first code of ethics last year.

However, compliance is left to each of the nine justices, leading to concerns the court is not taking its own ethics enforcement standards seriously.

A two-year investigation by Senate Democrats released last week found additional luxury travel by Justice Thomas in 2021 was not noted on his annual financial disclosure form. 

Fix the Court, a group which advocates for greater judicial transparency, urged Congress to act. 

‘The Conference’s letters further underscore the need for Congress to create a new and transparent mechanism to investigate the justices for ethics violations since the Conference is unwilling to act upon the one method we had presumed existed to do that,’ said Executive Director Gabe Roth.

This post appeared first on FOX NEWS

Spending on contracting and supplies is the second-biggest major spending group for the federal government, according to usaspending.gov. More than $1.1 trillion was spent on deals negotiated by the government to hire contractors for work. The category has increased by 19% from five years ago. 

‘We expect massive cuts of all federal contractors and others who are overbilling the federal government,’ said DOGE co-leader Vivek Ramaswamy on Fox Business’ Sunday Morning Futures.

Contracting commercial companies for government goods and services dates back to the late 1700s. Over the years, laws have streamlined the process and helped make contracts more competitive. 

‘We’re on the side of change. We got started by helping the Navy and then the Army get ready for World War Two to move faster, to do things better,’ Booz Allen Hamilton CEO Horacio Rozanski said. ‘Now we’re the largest player in AI and cyber in the federal government, and we’re very proud of that whole history. But that’s a whole history of change. My sense is we’re ready for change. The country voted for it, and we need to see it happen.’

Booz Allen Hamilton is among the largest government contractors. In 2024, the company had more than $8 billion worth in agreements from agencies like the Defense Department, the General Services Administration and the National Science Foundation. 

‘One of the things we’ve been talking about for years is this notion of outcome-based contracting. Instead of trying to figure out what does everything cost and how to do it. Let’s define an outcome, something that the government really needs, and let private industry compete for that,’ Rozanski said. 

Federal agencies are responsible for negotiating the best deal for the government, but contractors have a history of overcharging. In 2014, a Defense Department Inspector General report showed that the agency was charged as much as 831% for spare parts. Another more recent audit found a 7,943% markup on a soap dispenser sold to the Air Force. 

Military contractors are only required to provide an explanation for prices if the contract is worth more than $2 million. If an item is labeled as ‘commercial,’ companies do not have to justify prices. 

In 2023, Booz Allen Hamilton agreed to pay $377.45 million to settle allegations that the company improperly billed commercial and international costs to its government contracts. 

‘I think part of the challenge is the system. This system is built to manage risk and to get things done with the lowest risk possible. It is not built for speed,’ Rozanski said. ‘We need DOGE to succeed in shifting towards efficiency, towards effectiveness. It’s what our clients want, it’s what we want. Will there be winners and losers in that? Of course. I expect I want Booz Allen to be a winner in that. But at the end of the day, we need to compete.’

The Department of Defense obligated around $550 billion to government contracts in 2024, more than half of all government spending on contractors. Some analysts estimate the department could save millions by streamlining negotiations. 

‘They’re for reducing some of the bureaucracy, but they’re also for understanding that there is a difference. To paint the entire federal government, the giant DMV is not fair,’ Rozanski said. ‘There are all these areas where more can be done to do it faster, to do it better or to not do it at all, to get things done.’

Some small businesses say that DOGE likely won’t have an impact on their work. 

‘From a sort of an efficiency standpoint, we all of us have to operate at the optimum level of efficiency,’ Arkisys co-founder Dave Barnhart said. ‘I’m not quite sure that’ll have an effect, because we’re essentially already operating as quickly as we possibly can within the U.S. government.’

Arkisys has a contract with the Space Development Agency, which is part of the Space Force. The Port would give service providers, making repairs in space, a permanent station to deliver cargo or supplies. The federal government has specific contracts set aside for small businesses that helps level the playing field. 

‘This particular arena of space and most especially the domain that we are talking about, which is servicing, that is doing something to a spacecraft in space after its launch, hasn’t been done before. It’s a wide-open research area. All kinds of innovation can happen,’ Barnhart said. 

Other small business owners say they believe DOGE could help make the contracting process move faster. 

‘One day you come up with the idea quickly. You got to get the funding and you got to develop it,’ Aspetto co-founder Abbas Haider said. ‘You put in your white paper, that’s phase one funding. Then it’s phase two funding, then it’s phase three funding. By the time you’re on phase two, it’s months. Someone else has probably already copied your idea or already done something similar. So, why would I go to the government for those funding?’ 

Instead of applying for specific contracts the government needs, Aspetto sells its high-tech body army products to various agencies within the U.S. government. 

‘In our case, we’re just going to go ahead and take the risk and fund it ourselves, because it would just move things a lot faster,’ Haider said. 

Aspetto makes bullet-resistant clothing, women’s body armor and K9-bullet-proof vests. The company has contracts with the Defense Department, the State Department and NASA. The FBI is also outfitting U.S. Border Patrol agents with Aspetto products. 

‘I do believe they’re going to focus on innovation. If you’re going to compete with countries like China, you have to focus on innovation,’ Haider said. 

NASA contributes most of its funding to contractors to develop innovative products for space travel. In 2024, the agency allocated more than 76% of its budget to contracts. 

‘With the right incentives, the private industry can also bring existing technologies that have already been proven in the private sector to the government to make that happen faster,’ Rozanski said. ‘I really believe that there’s a significant opportunity to save money, to do it faster.’

This post appeared first on FOX NEWS

We monitor the weekly SPY chart and present it to our subscribers every Friday in our DP Weekly Wrap. We have been watching a bearish rising wedge on the weekly chart. The rising wedge pattern implies that you will get a breakdown from the rising bottoms trendline. That is exactly what happened this week.

The one problem with these patterns is that they don’t give us a minimum downside target as most chart patterns provide. For me, my back of the napkin calculation is to look at the beginning of the pattern and determine the height. That is at around 60 points (500 + 60 = height of the back of the pattern). That would imply a drop of the same amount from the breakdown point. It happened just under 600 so I would say the downside target of the pattern would be to 540 which is a strong area of support.

The weekly PMO has topped and given us a new Crossover SELL Signal as of last Friday. We will say that the weekly PMO is flat above the zero line and that typically implies pure strength in a move, however this Crossover SELL Signal is an attention flag. We can also see that the PMO carries a negative divergence with price tops.

Conclusion: The market is long overdue for a correction if not a bear market. The breakdown on the weekly chart and the new weekly PMO Crossover SELL Signal are attention flags that the correction may be upon us. It’s probably a good idea to make sure your positions have listed stops.

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Bear Market Rules

As digital payments and fintech services continue to reshape the global economy, Block, Inc. (SQ) stands out as a potential beneficiary of this shift. A favorable technical signal and an attractive fundamental backdrop present a compelling bullish thesis for SQ. In this article, we will explore the reasons behind this positive outlook and discuss a strategy you can use to capitalize on it — all identified instantly through the OptionsPlay Strategy Center on StockCharts.com.

Technical Analysis

A closer look at SQ’s chart reveals several bullish indicators:

Breakout and Retest of Support. After breaking above the $84 resistance area in November, SQ has since come back to retest this level as support.Strong Risk/Reward Setup. The successful retest suggests a favorable risk/reward, where the downside risk is far more limited than the upside potential to our upside target of $150.

FIGURE 1. SQ STOCK DAILY CHART. The stock is retesting its $84 area as support.Chart source: StockCharts.com. For educational purposes.

Fundamental Analysis

From a fundamental perspective, SQ’s outlook remains promising:

Attractive Valuation. Despite Block’s strong growth prospects, the company is currently trading at a 30% discount relative to its peers.Robust Growth Metrics. SQ’s expected 44% earnings per share (EPS) growth is nearly three times higher than its peers’ 13%, highlighting the company’s potential for earnings expansion. Projected 11% revenue growth outstrips the industry median of 7%, confirming the company’s ability to expand its top line.Recent Earnings Insights. Block’s Q3 2024 results showed robust growth in gross profit and a significant turnaround in net income, fueled by the strength of its Cash App and Square ecosystems. While there were some concerns around revenue shortfalls and ongoing regulatory scrutiny of Cash App, the company remains optimistic about continued margin expansion into 2025, forecasting at least 15% overall gross profit growth and new initiatives to drive further gains.

These fundamentals suggest that SQ is well-positioned to capitalize on the continued rise of digital payments, offering investors a potentially rewarding opportunity at current valuations.

Options Strategy

To leverage SQ’s bullish outlook, the OptionsPlay Strategy Center suggests selling the Feb 14 $86/80 Bull Put Spread @ $2.30 Credit.

This entails the following:

Sell: February 14, 2025, $86 Put at $4.60Buy: February 14, 2025, $80 Put at $2.30Net Credit: $2.30 per share ($230 total per contract)

FIGURE 2. DETAILS OF A PUT VERTICAL SPREAD IN SQ STOCK.

Trade Details

Maximum Potential Reward: $230Maximum Potential Risk: $370Breakeven Point: $83.70 (strike of the sold put minus the net credit per share)Probability of Profit: ~56.46% (if SQ closes above $83.70 by February 14, 2025)

By selling a higher strike put and buying a lower strike put, you collect a premium upfront and benefit if SQ stays above the breakeven price at expiration. This strategy offers a balanced approach to potential upside while containing risk.

Unlock Real-Time Trade Ideas With OptionsPlay Strategy Center

This bullish setup in SQ was identified almost instantly using the OptionsPlay Strategy Center at StockCharts.com. By running a Bullish Trend Following scan, the platform highlighted SQ and structured the optimal options trade without the need for extensive research or guesswork.

FIGURE 3. THE BULLISH TREND FOLLOWING SCAN HIGHLIGHTED SQ AS A POTENTIAL OPTIONS TRADING CANDIDATE.

Subscribing to the OptionsPlay Strategy Center provides you with:

Automated Market Scans. Quickly spot the best trading opportunities aligned with your market outlook.Optimal Trade Structuring. Leverage data-driven tools to craft high-probability, risk-defined strategies.Time-Saving Insights. Eliminate hours of manual analysis — receive real-time alerts and ideas within seconds.

Don’t let valuable opportunities slip away. Subscribe to the OptionsPlay Strategy Center today, and elevate your trading with the guidance and clarity you need to make informed decisions. Find the best options trades swiftly, every single day, and empower your investing journey with this cutting-edge tool.

The scenes from New Orleans just one day after an attack that killed 14 people and wounded dozens of others were encouraging. Bourbon Street was closed on New Year’s Day as law enforcement investigated the attack, but it reopened Thursday afternoon. There was the usual bustle of tourists. The Sugar Bowl played on. Life in the city seemed to quickly return to normal.

That normality, and the speed with which it arrived, isn’t surprising. This is New Orleans, after all. Few American cities have recently endured tragedy like this one while, simultaneously, and seemingly always, finding a way to rise above it.

This is a city I’ve been to dozens of times. Have family and friends there. Was there after Hurricane Katrina in 2005. The storm killed thousands of people and caused property damage estimated at hundreds of billions of dollars. Its impact can still be felt today and might be forever. But New Orleans still stands tall.

New Orleans, again, is giving the country a lesson on how to get back up. It always has. It always does.

‘This city is amazing. This city is known for its resiliency,’ said Anne Kirkpatrick, the city’s police superintendent, at a news conference on Thursday. ‘This is a city that is still impacted from 20 years ago with Hurricane Katrina. This city knows pain. But this city also knows how to recover.’

No, New Orleans isn’t perfect. Like other cities, especially in the South, it has an extensive history of slavery, segregation and anti-Blackness. But from those tragedies, centuries of them, arose Black political leaders and power.

Even the city’s NFL team has seen stunning lows and come back to remarkable highs. The Saints were one of the original joke franchises, fans perfecting bag-over-head. Then quarterback Drew Brees came to town. He’d become a leader off the field as well in the aftermath of Katrina.

‘When I was first drafted by the Saints, I am not going to lie, I was pretty scared,’ former Saints running back Reggie Bush once said. ‘I was nervous. I didn’t know what to expect. It was a year after Hurricane Katrina, and they didn’t even know if they were going to have a home field to play on. I didn’t know what to expect.

‘Drew Brees called me the night I was drafted and told me he was excited to play with me. He told me how he got to play with LaDainian Tomlinson and he was looking forward to playing with me. That changed my entire view on what I was going into. It also eased my mind. I had a chance to watch Drew play when he was with the Chargers, so for a guy like Drew to call me says a lot about him. It eased my emotions about what I was getting into.’

Will the city be ready for Super Bowl 59 next month? Well, a better question might be, why would you ever bet against this city?

‘…We here in New Orleans have proven time in and time out that we can provide safe environments,’ said Kirkpatrick. ‘Look at (the) Taylor Swift (concert) that was just a few weeks ago – incredible environment of fun, incredible environment where they can come and know they’re safe. We have plans.

‘This is a terrorist. The terrorist is going to be hell-bent no matter what, to create carnage and to destroy, but we as a city and as a law enforcement community have already proven over time that we can handle and manage these large crowds.’

We’ve seen this New Orleans story before. The city is expert at the comeback.

It’s happening again.

This post appeared first on USA TODAY