2025

President Donald Trump on Friday announced he is revoking former President Joe Biden’s security clearance and stopping his daily intelligence briefings.

‘There is no need for Joe Biden to continue receiving access to classified information,’ Trump wrote in a post on Truth Social Friday night.

The privileges will be revoked immediately, according to the President.

He added the precedent was set by Biden himself.

‘He set this precedent in 2021, when he instructed the Intelligence Community (IC) to stop the 45th President of the United States (ME!) from accessing details on National Security, a courtesy provided to former Presidents,’ Trump wrote.

The president noted the Hur Report, which he claimed ‘revealed that Biden suffers from ‘poor memory’ and, even in his ‘prime,’ could not be trusted with sensitive information,’ according to the post.

Trump said he will always protect National Security.

‘JOE, YOU’RE FIRED. MAKE AMERICA GREAT AGAIN,’ he wrote.

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Politics

President Trump says ‘we will have relations with North Korea’; it’s a ‘big asset’ that he gets along with Kim

President Donald Trump hosted Japanese Prime Minister Shigeru Ishiba at the White House Friday and said the U.S. will have relations with the North Korean regime of dictator Kim Jong Un.

‘We will have relations with North Korea, with Kim Jong Un. I get along with them very well,’ Trump told reporters alongside Ishiba.

Trump, who first met Kim in 2018 in Singapore and became the first sitting president to meet with the leader of North Korea, is looking to build off his personal diplomacy he established with Kim during his first term.

‘We had a good relationship. And I think it’s a very big asset for everybody that I do get along with them,’ the president said.

Trump met Kim again in 2019 and became the first president to step foot inside North Korean territory from the demilitarized zone.

Trump said Japan would welcome renewed dialogue with North Korea because relations between Japan and North Korea remain tense since diplomatic relations have never been established.

‘And I can tell you that Japan likes the idea because their relationship is not very good with him,’ Trump said.

Ishiba said it’s a positive development Trump and Kim met during Trump’s first term. And now that he has returned to power, the U.S., Japan and its allies can move toward resolving issues with North Korea, including denuclearization.

‘Japan and U.S. will work together toward the complete denuclearization of North Korea,’ Ishiba added.

Prime Minister Ishiba also addressed a grievance involving the abduction of Japanese citizens by North Korea in the 1970s and 1980s. Although North Korea released some of the prisoners in the early 2000s, Pyongyang never provided Japan with any explanation for the abduction of its citizens, and there can be no normalization of relations between Japan and North Korea until the issue is resolved.

‘And so our time is limited,’ Ishiba warned.

‘So, I don’t know if the president of the United States, if President Trump is able to resolve this issue. We do understand that it’s a Japan issue, first and foremost. Having said that, we would love to continue to cooperate with them,’ the prime minister added.

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Politics

House Republicans continue Fani Willis investigation, requesting documents from DA employees

Rep. Jim Jordan, GOP chair of the House Judiciary Committee, and Rep. Barry Loudermilk, R-Ga., sent employees from the Fulton County District Attorney’s office requests Thursday to hand over documents and interviews related to the Jan. 6 Committee as they continue investigating District Attorney Fani Willis.

‘The committee previously wrote to District Attorney Willis requesting documents relating to her coordination with the January 6 Select Committee. Because District Attorney Willis has declined to cooperate, the committee must pursue other avenues to obtain this information,’ a press release states.

Jordan and Loudermilk sent letters to Assistant Chief Investigator Michael Hill, Assistant Chief Investigator Trina Swanson-Lucas, Chief Senior District Attorney Donald Wakeford and Deputy District Attorney Will Wooten, requesting ‘all documents and communications’ between the employees and ‘any member, staff member, agent, or representative of the January 6 Selection Committee.’

The letters also request the employees hand over ‘all documents and communications referring or relating to records in your possession obtained’ from the Jan. 6 Committee.

All employees were asked to submit the requested documentation no later than Feb. 20.

The letters sent Thursday say the lawmakers had previously written to Willis ‘requesting documents relating to her coordination with the January 6 Select Committee.’

The lawmakers say they received a letter from Willis in December in which she confirmed the requested documents existed ‘but declined to produce such materials on the grounds that the materials were ‘protected from disclosure by attorney-client privilege, work product privilege, and other common law protections.”

The DA’s office asserted the same claim in a court filing that same month when it declined to turn over any new communications between Willis and special counsel Jack Smith, who had also been investigating alleged efforts by President Donald Trump and his allies to overturn the results of the 2020 election. The filing asserted that the documents either did not exist or were exempt from disclosure under Georgia law.

Fulton County Superior Court Judge Robert McBurney had previously ordered Willis to produce any records of communication with either Smith or the House Select Committee on Jan. 6 within five business days. In doing so, the judge sided with Judicial Watch, a conservative legal group that had filed suit against Willis, determining that Willis had violated the state’s open records act by failing to respond to the lawsuit.

The House Judiciary Committee launched its investigation into whether Willis coordinated with the House Jan. 6 Committee in December 2023. Jordan and Loudermilk took the lead on the probe after learning that Willis’ office ‘coordinated its investigative actions with the partisan Select Committee.’

The lawmakers said at the time that Willis asked the House Select Committee on Jan. 6 to share evidence with her office.

Willis charged Trump with one count of violation of the Georgia RICO Act, three counts of criminal solicitation, six counts of criminal conspiracy, one count of filing false documents and two counts of making false statements.

Trump pleaded not guilty to all counts.

Fox News Digital reached out to Hill, Swanson-Lucas, Wakeford, Wooten and the DA’s Office but did not immediately hear back.

Fox News Digital’s Breanne Deppisch and Brooke Singman contributed to this report.

This post appeared first on FOX NEWS

Politics

Top federal agency with history of wasteful spending could be next DOGE target

Department of Government Efficiency (DOGE) chief Elon Musk’s efforts to clean up waste and fraud in the federal government will soon shift its focus to the Social Security Administration (SSA) in a move likely to create a firestorm with Democrats.

The SSA, created by the Social Security Act under President Franklin D. Roosevelt in 1935 and tasked with establishing a federal benefits system for older Americans, will soon become a focus of DOGE, according to a report from Semafor that was not denied by the White House when contacted by Fox News Digital.

While several Democrats — including Rep. Dan Goldman, D-N.Y., in a post on X — have been quick to accuse this move as being aimed at slashing Social Security benefits for the elderly, several areas with potential waste exist in the agency that don’t involve cutting current benefits.

Just Facts, a nonprofit research institute, previously reported that the agency disbursed roughly $2 billion in fraudulent or improper payments in 2022, which it calculated was enough ‘to pay 89,947 retired workers the average annual old-age benefit of $21,924 for 2023.’

Just Facts explained that through a policy known as ‘administrative finality,’ once the ‘SSA mistakenly overpays a beneficiary for more than four years, it does not recover past overpayments and deliberately continues to make future overpayments excepting cases of fraud.’

The SSA sent roughly 7,000 federal employees disability benefits in 2008 while they were still taking wages from federal jobs, according to a 2010 report by the Government Accountability Office (GAO).

The GAO estimated that about 1,500 of those individuals ‘may have improperly received benefits’ since their wages went beyond maximum income thresholds. The GAO investigation also found that over 71,000 ‘stimulus checks’ were sent by the Obama administration to people who were deceased, including 63,481 people whose deaths had been previously reported to the agency.

‘Social Security will not be touched, it will only be strengthened,’ President Donald Trump said during a press conference on Friday. ‘We have illegal immigrants on Social Security and we’re going to find out who they are and take them out.’

Trump added, ‘We’re going to strengthen our Social Security, etc. We’re not going to touch it other than to make it stronger. But we have people that shouldn’t be on, and those people we have to weed out, most of them, or many of them, so far, have been illegal immigrants.’

On Friday afternoon, White House Principal Deputy Communications Director Alex Pfeiffer posted a report on X from the Center for Immigration Studies in 2021 that said, ‘We estimate that there are 2.65 million illegal immigrants with Social Security numbers.’

Trump added that DOGE will go through ‘everything’ when it comes to waste and fraud in the federal government.

In a statement to Fox News Digital, a spokesperson for the SSA said, ‘We remain focused and vigilant on the integrity of our programs and take seriously our responsibilities to deter fraud, waste, and abuse.’

DOGE has dominated news headlines over the past week as Musk’s team has moved to slash USAID’s $40 billion spending budget and put on leave the vast majority of its employees, as photos of the sign at the door of the agency’s Washington, D.C., headquarters being taken down have circulated on social media.

Musk has said that both he and Trump ‘agreed’ that the agency should be ‘shut down.’ Secretary of State Marco Rubio, who has been named acting director of the independent agency, on Monday echoed the sentiment, telling reporters, ‘USAID is not functioning.’

‘It needs to be aligned with the national interest of the U.S. They’re not a global charity, these are taxpayer dollars. People are asking simple questions. What are they doing with the money?’ Rubio continued. ‘We are spending taxpayers’ money. We owe the taxpayers assurances that it furthers our national interest.’

Democrats held a rally outside the Treasury Department earlier this week blasting the DOGE efforts as a threat to democracy.

‘Elon Musk is a Nazi nepo baby, a godless lawless billionaire, who no one elected,’ Rep. Ayanna Pressley, D-Mass., said at a rally, sparking pushback from conservatives on social media.

‘Elon, this is the American people. This is not your trashy Cybertruck that you can just dismantle, pick apart, and sell the pieces of.’

Fox News Digital’s Stephen Sorace contributed to this report.

This post appeared first on FOX NEWS

Stocks

IT Breadth Momentum (ITBM) and IT Volume Momentum (ITVM) Top – Participation Draining

Price Momentum Oscillator (PMO)

We are currently in a declining trend in the market and internals are telling us that this weakness will continue to be a problem. Our primary indicators in the short- and intermediate-term have topped with one exception. The Swenlin Trading Oscillators (STOs) started down on Thursday and the STO-B continued to fall Friday. The STO-V interestingly turned up, but we wouldn’t get too excited.

The intermediate-term indicators, the ITBM and ITVM, topped and are moving down. It was an eye test on the ITBM on Thursday as to whether it had indeed declined. We checked and it had. Just another reason to look for more market decline.

Participation is leaking from the market. As price has started to turn over, so has participation. We note that participation readings of stocks above key moving averages shows declining trends which confirm near-term weakness.

The Silver Cross Index measures how many stocks have a 20-day EMA above the 50-day EMA (a Silver Cross). It is trying to top right now. We have a declining trend from the October top. With participation sinking, it won’t be long before this indicator tops too.

The Golden Cross Index measures how many stocks have a 50-day EMA above the 200-day EMA (a Golden Cross). That indicator has stagnated and is currently in decline below its signal line. Deterioration is visible on this chart.

Conclusion: We have a short-term declining trend in the market and failing internals. The ITBM/ITVM are declining, along with the STO-B. It is going to be very difficult for price to move higher when fewer stocks are participating.

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Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

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Business

New Orleans prepares for Super Bowl 59, its biggest weekend of the year

New Orleans is preparing for an estimated 125,000 visitors and a presidential visit during the weekend of Super Bowl 59, as the reigning champion Kansas City Chiefs take on the Philadelphia Eagles at the Caesars Superdome.

Local businesses are ready, and hotel demand is surging.

Tripadvisor said demand for hotel rooms in New Orleans surged 637% this week as fans of the competing NFL teams scurry to find lodging. Interest from travelers in Pennsylvania and New Jersey has increased more than 14 times, and interest from people in Kansas and Missouri is up 8.5 times since the division championship games in the last week of January, the travel site said.

As of Thursday morning, the average hotel room was going for $650 per night, according to Hotels.com, which is owned by Expedia.

Caesars has the spotlight, however. Along with naming rights to the New Orleans Saints’ stadium, where the NFL championship will be played, Caesars also holds lucrative status as the only casino in New Orleans.

The company has rolled out the red carpet with a nearly half-billion-dollar overhaul of what was formerly a Harrah’s-branded property, and it is using the big game to introduce the brand to new customers.

The biggest football game of the year comes just weeks after a New Year’s Day attack that took place in the city’s French Quarter and killed 14 people, putting New Orleans on high alert.

Security around town is tight. State police, city police and the U.S. Department of Homeland Security all have a heavy presence.

At an NFL briefing on Monday, law enforcement said more than 700 different types of Homeland Security officials will be on the ground during the Super Bowl, and that was before President Donald Trump indicated plans to attend the game.

“I am confident that the safest areas to be in the country this weekend is under the security umbrella our team has put together,” said Cathy Lanier, the NFL’s chief security officer.

Since the Jan. 1 attack in New Orleans, NFL Executive Vice President Jeff Miller said the league has redoubled its safety efforts.

“We added resources, and we feel really good about where we are,” Miller told CNBC.

This post appeared first on NBC NEWS

Sports

NFL has entirely conquered the American sports calendar

An intermingling of seasonal rites will occur Sunday afternoon, a collision that’s not quite a disturbance in the force but jarring, nonetheless.

In the Arizona desert, Chicago Cubs pitchers and catchers will lace up their spikes and take the fields in Mesa for their first workout of the 2025 season.

A few hours later, under the domed roof of New Orleans’ Superdome, the Philadelphia Eagles and Kansas City Chiefs will kick off Super Bowl 59, wrapping up the 2024 season with all the attendant glitz and gorging associated with the USA’s biggest secular holiday.

And for the second consecutive year, the NFL season will bleed into the symbolic start of the following baseball season, an oddity that will likely become the norm as Big Football expands its footprint and other leagues aim to keep up.

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Like animals roaming beyond their natural habitats, major professional sports seasons are increasingly unbeholden to their traditional calendars.

The trend will only deepen: In 2027, the Super Bowl will be played on Valentine’s Day, coincidentally in the same year commissioner Roger Goodell aimed for the NFL to exceed $25 billion in annual revenue. That goal is expected to be hastened by the addition of an 18th regular season game, which will require amending the league’s collective bargaining agreement, yet also expanding the revenue-sharing pie for owners and players.

Barring any unlikely schedule adjustments, an 18th game would push the NFL season closer to March than January and align with the league’s utopian vision for global domination.

“The NFL is not concerned about it getting any bigger. The NFL’s goal all along has been to have people talking about its league and its games around the calendar,” says Dennis Deninger, professor emeritus at Syracuse, former producer for ESPN and author of ‘The Football Game That Changed America.’

“When you look at the NFL draft pushing into spring, the training camps in the middle of the summer, it has taken over the calendar of sports.”

It’s a content drift nearly a half-century in the making.

Trends towards March

In 1977, the NFL played its final 14-game season, across a footprint that looks unrecognizable to the modern eye.

The first Sunday of games fell on Sept. 18 – and the Super Bowl still was completed by Jan. 15. A year later, the 16-game schedule debuted, with a Sept. 3 Sunday kickoff and a Jan. 21 Super Bowl.

Over the next two decades, a handful of factors dictated the start and end of the NFL season.

In 1990, a bye week was added, pushing the Super Bowl to Jan. 27 and then Jan. 31 two years later. In 1993, an ill-fated double-bye schedule made for an 18-week regular season, but with a pre-Labor Day start, the season still ended on Jan. 30.

It wasn’t until the 9/11 attacks in 2001, which canceled the week’s second season, that the Super Bowl crept into February, but with just one week between conference championships and the big game, it returned to January the next season.

Yet the game has landed in February every year since Feb. 1, 2004, and in most years the NFL has adopted an “all of the above” approach to scheduling:

A post-Labor Day Week 1, to optimize TV ratings. Two weeks between the conference title games and the Super Bowl, to maximize the buildup. And, since 2021, a 17-game regular season.

Not only does that keep eyeballs on the field – and the flat screen – from September to mid-February, it also cuts down any notion of dead time.

The NFL combine begins barely two weeks after the Super Bowl concludes. The new league year is fully rolling by mid-March. And the NFL draft – inarguably the biggest non-game sporting event on the calendar – lands in late April, with bottomless speculation in the run-up.

By then, the start of training camp in late July is almost in sight.

“The NFL season comes to life, it seems like, 365 days a year, now,” says Dean Corrington, chief marketing officer of Anheuser-Busch.

Just about.

NBA thought Christmas was ‘our day’

Deninger cites a study that indicates the NFL leads all sports leagues in fan interest 11 of 12 months of the year, with June the only period in which it’s trumped by MLB.

Certainly, fan engagement is not a zero-sum game, evidenced by the multibillion-dollar TV contracts enjoyed by MLB, the NBA and Power Four football conferences, and the stratospheric growth of women’s athletics, particularly basketball, at the collegiate and professional level.

Yet prime viewership slots are finite, and there’s little to keep the NFL wedded to Sundays.

LeBron James put that in stark relief on Christmas Day.

It was long the domain of the NBA, which grew the occasion from a game or two featuring single-name superstars (Shaq and Kobe, Michael and the Bulls) into an all-day quintuple-header, the better to satisfy its national rights holders.

With its regular season starting amid the World Series and NFL stretch drive, Christmas grew into a de facto opening day for the NBA. Until this year.

While Christmas has fallen on football-conducive days such as Saturday, Sunday, or Monday before, this year’s holiday would be celebrated on a Wednesday.

No worries: The NFL simply moved a pair of games to the previous Saturday, brought those four teams back on three days’ rest and staged a holiday doubleheader.

Oh, and lured Beyoncé to her hometown of Houston for an iconic Cowboy Carter halftime show.

Hours later, James led the Los Angeles Lakers to victory over the Golden State Warriors – LeBron vs. Steph keeping with the holiday superstar theme – and afterward bemoaned what he could sense was diminished shine thanks to the NFL doubleheader.

“I love the NFL,” James said in a postgame interview, “I love the NFL. But Christmas is our day.”

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Days later, James’ steadfast pride gave way to pragmatism.

The football doubleheader lured 65 million viewers to Netflix, which was making its NFL streaming debut. The second game featuring the Ravens and Texans peaked at more than 27 million viewers.

Lakers-Warriors? It averaged 7.7 million viewers and peaked at 8.3 million. In the post-ratings spin, the NBA could tout that it was the most-watched regular season game since 2019 and its most-watched Christmas slate in five years.

Yet it’s clear a holiday party crasher took a pretty massive hunk out of the ham.

“From a viewership (standpoint), you all kicked our (expletive),” James said on Travis and Jason Kelce’s podcast a couple of weeks later. “But when you go out there, you got your little brother, and he may get beat up one time. You’re like, ‘Hey, we didn’t lose that fight. We’re staying here.’

“That’s how I felt. I had to stand up. I had to stand up for the NBA.”

‘Survival of the fittest’

It’s a tango that almost every sport is doing.

College football hoped for more exclusivity to the third Saturday in December for the opening round of its Playoff; the NFL ceded a primetime window but still ran a doubleheader up against a CFP tripleheader – and easily prevailed in ratings.

Meanwhile, semifinal rounds were held on a Thursday and Friday to duck the NFL. And the championship game was held on a Monday, Jan. 20, assuming the Monday Night Football slot that was extended a week because of – wait for it – the expanded NFL Wild Card Weekend.

It’s not optimal to stage a title game so late in the year that other college teams are already running gassers in anticipation of the next season – or stocking up in the transfer portal. But ducking the behemoth is something every sport has to do – which is why MLB World Series games are no longer contested on Sunday nights.

“It’s the survival of the fittest,’ says Deninger. “And if the NFL sees a good reason to be on any day during their calendar, they’ll pursue that. They’re not going to step aside and make way for other sports. What always happens is other sports make way for the NFL.”

Yet it’s getting pretty cramped in the corners. An 18th regular season game could push the Super Bowl to the third week of February – lining it up with Presidents Day Weekend and creating a holiday for many fans the day after the Super Bowl.

That would also conflict with the NBA All-Star Game, once again forcing a league to move a jewel event forward or backward on the calendar.

And so it goes.

With eyes on expanding international games to 16 per year and keeping both legacy and nascent broadcast partners well-fed, Goodell’s revenue dreams are drawing closer.

Other leagues have similar dreams to span the globe and harvest more audiences.

The Cubs are reporting Sunday because they’ll open the season early, with mid-March games in Japan pitting their own Asian stars such as Seiya Suzuki and Shota Imanaga against the Dodgers’ trio of Shohei Ohtani, Yoshinobu Yamamoto and Rōki Sasaki.

The years aren’t getting any longer. But the calendar’s only getting more crowded, so make way for odd bedfellows – like pitchers and catchers reporting, and a Lombardi Trophy presentation, all in one day.

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Sports

Tiger Woods commits to playing at Genesis Invitational

Tiger Woods has committed to making his PGA Tour 2025 season debut at the Feb. 13-16 Genesis Invitational, the tournament announced.

The tournament, which Woods is hosting, originally was to be held at the Riviera Country Club in Pacific Palisades, California, but it moved to Torrey Pines because of the recent wildfires near Los Angeles. It will take place at the South Course of Torrey Pines Golf Course in San Diego, according to a statement from the PGA.

Woods’ 2024 season was challenging. He participated in only five events and had to withdraw from last year’s Genesis Invitational due to injury. He also was sidelined by a back procedure in September.

Woods played alongside son Charlie in December at the PNC Championship. He has won eight times at Torrey Pines.

When is the 2025 Genesis Invitational?

The 2025 Genesis Invitational at Torrey Pines will take place from Feb. 13-16. Tournament host Tiger Woods will join an elite field of golfers competing for a share of a $20 million purse.

This post appeared first on USA TODAY

Sports

Eli Manning ‘totally at peace’ after Hall of Fame snub

The NFL announced its four-man class for the Pro Football Hall of Fame at Thursday’s NFL Honors ceremony. Former New York Giants quarterback Eli Manning was not among the four selected for enshrinement in 2025, his first year on the ballot.

Manning, a two-time Super Bowl winner, was among the 15 semifinalists for the honor. However, he failed to meet the 80% threshold required to earn enshrinement, meaning he will have to wait at least a year before potentially joining his brother Peyton in Canton.

Still, the younger Manning brother didn’t seem worried about missing the Hall of Fame when asked about it during interviews at the Super Bowl on Friday.

‘I had a feeling it wasn’t going to be my night, and I understand that,’ Manning said in an appearance on NFL Network’s Good Morning Football. ‘I’m totally at peace. It’s not gonna change my outlook on my career and how I feel about it.’

Manning had pedestrian numbers during his 16-year NFL career, posting a 117-117 record and an 84.1 passer rating while leading the league in interceptions in three seasons.

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That said, Manning won two Super Bowls against the New England Patriots and was named the MVP in both of those games. He is one of just 13 NFL quarterbacks to win multiple Super Bowls as a starting quarterback. Eight of those signal-callers are in the Hall of Fame while three are yet to be eligible.

The lone two to be eligible for enshrinement but not make it in are Manning and Jim Plunkett.

Despite this, Manning acknowledged in several interviews that he ‘was happy for the guys that got in’ to the Hall of Fame. He also offered praise to the two inductees against whom he played during his career.

‘I competed against Jared Allen, I sent him a text, I feel like I kind of got him in because he sacked me so many times, I helped his resume,’ Manning said in an appearance on PFT Live. ‘Antonio Gates, when I was coming out, thinking about going to the Chargers, doing workouts with them, they were telling me ‘We’ve got this guy on the practice squad who didn’t play college football but he’s going to be a superstar, Hall of Famer,’ and I was like, ‘Yeah, right.’ So happy for him.’

Manning will continue to be on the NFL’s Hall of Fame ballot moving forward and figures to be a perennial semifinalist as long as he fails to qualify for enshrinement.

And with Larry Fitzgerald and Drew Brees joining the ballot in 2026, among others, it isn’t clear whether Manning will make it to Canton on his second chance.

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Sports

Snoop Dogg roasts Belichick, 24-year-old girlfriend at NFL Honors

Thursday night’s NFL Honors, which awarded the game’s best players for the 2024 season and those who are affiliated with the sport or are fans, a chance to show out.

This brings us to former New England Patriots and current North Carolina head coach Bill Belichick, who definitely showed out when he brought his 24-year-old girlfriend, Jordon Hudson, to the awards show.

Usually, that wouldn’t be a talking point, except the six-time Super Bowl-winning head coach is 72 years old, and on this night, the jokes wrote themselves on social media and during the show.

Host Snoop Dogg got in on the fun during his opening monologue and roasted Belichick in good fun, and for good measure, the Dallas Cowboys caught some strays as well.

‘I’ve been a football fan for a long, long time,’ Snoop said. ‘I remember back when the Cowboys was good. I remember back when the Chiefs was bad. And I remember — what was it? Bill Belichick’s girlfriend wasn’t even born yet.’

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For Belichick and Hudson, it was smiles all around after the joke, proving Belichick can be a good sport when he wants to be.

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