The power sector’s tremendous rally on demand for electricity from artificial intelligence may just be getting started, with three stocks in particular poised for more upside next year, according to analysts. Constellation Energy , Vistra Corp. and Talen Energy soared in 2024 as investors realized that the independent power producers had nuclear and gas assets that will be highly sought after by the tech companies building out data centers to power AI. Vistra has more than tripled in value to become the second best performing stock in the S & P 500 this year, outpacing chip powerhouse Nvidia and trailing…
Author: usaeverydaylife
Ryanjlane | E+ | Getty ImagesThe IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced on Friday.The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their tax returns for that year and who are eligible for the money.The Recovery Rebate Credit is a refundable tax credit provided to individuals who did not receive one or more economic impact payments — more popularly known as stimulus checks — that were sent by the federal government in the wake of the Covid-19…
U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024. Cheney Orr | ReutersPresident-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House.Trump said Sunday he would nominate Scott Kupor, a managing partner at Andreessen Horowitz, to be director of the Office of Personnel Management, which coordinates recruitment and provides resources for government employees.Kupor thanked Trump in a post on X and said the opportunity would allow him to work with Elon Musk and Vivek Ramaswamy in their leadership…
ATLANTA — Michael Penix Jr. looked like an NFL veteran in his first professional start but not as much as he sounded like one when he took the podium after the game.The Atlanta Falcons quarterback was at a local Costco shopping Tuesday night when head coach Raheem Morris informed him he would be making his first NFL start. After leading the Falcons to a 34-7 win over the New York Giants in that start, Penix was asked if he’d be celebrating the win at Costco on Sunday night.“No, hopefully, something fancier,” Penix said. “Costco is great, though. Costco, hit me…
A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesNordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of 2025.As part of the deal, the Nordstrom family will have majority ownership in the company, with 50.1%, and Liverpool will own 49.9%. Common shareholders will receive $24.25 in cash for…
Bank of America is standing by Nvidia and some other key semiconductor players in 2025 even after another strong year for the sector. “In the first half, [artificial intelligence] investments and NVDA Blackwell deployments driven by US cloud customers sustain momentum in AI semis, wrote Vivek Arya. “However, in the 2H, interest could shift to less-crowded auto/industrial chipmakers on inventory replenishment and pick-up in auto production assuming a global economic recovery.” Semiconductor stocks are on pace for another winning year as AI investments ramp up and show no signs of easing. Nvidia is on pace to finish the year with…
As the Earth spins inexorably forward, more elder millennials like me cross the great divide: We turn 40.I was among the first of my generation, defined as those born between 1981 and 1996, to face the prospect of getting old, or at least being no longer young. What would it mean for us? Mortgage payments, pre-menopause, a midlife crisis — if we could even afford one?When does midlife begin, anyway?When I was in my late 30s, I took this question to the oldest person I knew: Shirley Hodes, my grandmother-in-law. She was then on the cusp of turning 105 in an…
U.S. Representative Matt Gaetz (R-FL) listens to testimony during a U.S. House Judiciary Committee hearing entitled “Undue Influence: Operation Higher Court and Politicking at SCOTUS”, looking into allegations that the former anti-abortion leader Rev. Robert Schenck got advance word of the outcome of a major 2014 U.S. Supreme Court case involving contraceptives written by conservative Justice Samuel Alito, on Capitol Hill in Washington, U.S., December 8, 2022.Evelyn Hockstein | ReutersThe House Ethics Committee on Monday revealed it found “substantial evidence” that former Republican Rep. Matt Gaetz had sex with a 17-year-old girl in 2017, and that he “regularly” paid women…
2024 U.S. Open men’s doubles champion Max Purcell has admitted breaking anti-doping rules and has been provisionally suspended from tennis while under investigation.Purcell has been suspended since December 12, having made the admission and requested to be provisionally suspended December 10. The International Tennis Integrity Agency (ITIA) confirmed the suspension December 23, saying that the Australian, 26, breached rules relating to the use of a “prohibited method,” rather than any positive test for a banned substance.Purcell said in a statement on Instagram: “I have voluntarily accepted a provisional suspension since I unknowingly received an IV infusion of vitamins above the…
Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, walks on the day of an arraignment hearing, at New York Supreme Court in New York City, U.S. December 23, 2024. Eduardo Munoz | ReutersLuigi Mangione, the man accused of fatally gunning down UnitedHealth Group chief executive Brian Thompson on a Manhattan street, pleaded not guilty on Monday to New York state murder charges that brand him a terrorist.Mangione, 26, was escorted into a 13th-floor courtoom in the New York state criminal courthouse in lower Manhattan with a court officer on each arm, and a procession of…
