Good Morning! On this day in 1957, three Air Force Boeing B-52 Stratofortresses became the first jets to circle the world non-stop, proving the U.S. could drop a hydrogen bomb anywhere. The flights took 45 hours and 19 minutes. (See Photos)
Speaking of the military, yesterday’s subject line incorrectly identified the service affiliation of the new Miss America. Madison Marsh is an Air Force second lieutenant. Here’s an interview with her.
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The Supreme Court heard arguments Wednesday on a case that could sharply curtail federal regulatory powers. The case involves fishing regulations, but the justices appeared inclined toward a broad review of federal power.
The core issue is a 40-year-old legal doctrine referred to as “Chevron deference,” which calls for courts to defer to agency expertise when regulations are expanded without input from Congress.
During questioning Wednesday on fishing regulations, several of the more conservative justices indicated they would prefer agencies to have explicit Congressional approval before unilaterally expanding their oversight.
SpaceX Plans Manned Launch Today
SpaceX plans to launch a four-person crew to the International Space Station today, after a one-day delay. If launch preparations go as scheduled, the blast-off should be available to watch live at 4:15 p.m. ET here.
Today’s mission is SpaceX’s third manned launch, a private-industry flight for Axiom Space, dubbed the Ax-3 mission. The crew will spend two weeks aboard the space stations conducting more than 30 experiments.
The crew is the first all-European crew to go to the space station. NASA hopes the private missions will free up federal funding for its government-backed manned moon missions later this decade.
Predictions Chart Offers Forecast for 2024
A predictions database for things to come in 2024, compiled from 700 interviews, reports, podcasts and articles, breaks down the 25 most common forecasts into a single visual chart.
The “Prediction Consensus” chart is color-coded by topic area, including the economy, technology, markets, and geopolitics, along with an analysis of the predictions.
The predictions are fairly conservative. The experts see few startling new developments, instead forecasting a continuation of many of the trends we see today.
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➤ Prosecutors told a court that cocaine residue was found on Hunter Biden’s gun pouch, urging the judge not to dismiss the case, which centers on whether Biden lied about drug use on his gun application. (More)
➤ A judge threatened to remove Donald Trump from the courtroom for loud talking in the defamation case brought by writer E. Jean Carroll. “It’s a witch hunt,” Trump could be heard saying. “It really is a con job.” (More)
➤Maine’s Superior Court issued a stay on the decision to remove Donald Trump from the state’s primary ballot, saying it won’t consider the case until the U.S. Supreme Court makes its ruling on the issue. (More)
➤ David Smith, chairman of Sinclair Broadcasting and a contributor to conservative causes, has bought the Baltimore Sun newspaper as a private citizen, separate from Sinclair. Smith began reading the paper a few months ago. (More)
➤ Philadelphia 76ers center Joel Embiid ran his streak of 30-plus-point games to 18 in a victory against the Denver Nuggets. Embiid showed his ball-handling skills with a smooth Eurostep layup around Nikola Jokic. (See Video)
➤Stanford women’s basketball head coach Tara VanDerveer could pass legendary Duke coach Mike Krzyzewski to become the NCAA’s all-time winning coach this weekend. She’s one win behind Coach K’s record of 1,202 wins. (More)
➤Iowa superstar Caitlin Clark is now fourth on the all-time women’s college basketball scoring list, moving past Britney Griner. Clark is on pace to break Kelsey Plum’s top record of 3,527 points by late February. (More)
➤Tampa Bay Bucs head coach Todd Bowles was perplexed by a reporter’s question about playing in freezing weather in Detroit against the Lions this weekend. The game will be played in a dome. (See Video)
Market Report 1/17/24
▼
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
14,855.62
–0.59%
▼
SPX S&P 500
4,739.21
–0.50%
▼
DJI Dow Jones Industrial Average
37,266.67
–0.25%
▼
BTC Bitcoin
$42,707.0
–1.06%
▼
SAVE Spirit Airlines Inc
$6.14
–22.47%
➤ Big Stock Move: Spirit Airlines stock dropped 22% Wednesday after a federal judge blocked its $3.8 billion merger with JetBlue on anti-trust grounds. (More)
➤ The Emmy Awards Monday night drew a record-low audience of 4.3 million viewers, down from 5.9 million in 2022. That night’s NFL Bucs-Eagles playoff game had an average audience of 28.6 million. (More)
➤ Burger King is buying Carrols Restaurant Group, the chain’s largest U.S. franchisee, for about $1 billion in cash. The burger chain plans to remodel 600 of the Carrols’ restaurants and then sell them back to franchisees. (More)
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➤ The James Webb Space Telescope observed the oldest black hole in the universe, dating to just 400 million years after the Big Bang. It was found in the ancient galaxy GN-z11, 13.4 billion light years away. (See Illustration)
➤ Scientists discovered at least four new octopus species near hydrothermal vents off the Pacific coast of Costa Rica. The area hosts two octopus nurseries that are thriving with life. (See Photos) ➤ John Deere partnered with Elon Musk’s Starlink service to provide satellite internet service subscriptions to rural farmers who have connectivity issues using modern agricultural technology. (More)
➤ A new Gallup survey shows the number of Americans identifying as Democrats is at 27%, a new low. Republicans are also at 27%, an increase, while 43% of adults identify as Independents. (See Poll)
➤ Another Gallup poll shows that 68% of all Americans approve of the Supreme Court’s ruling striking down affirmative action. Black Americans were the most skeptical, but 52% still approved of the ruling. (See Survey)
➤ One in 10 U.S. restaurants serve Mexican food, according to Pew Research. Mexican eateries are most concentrated in California and Texas, 22% are fast food outlets, and 8% are food trucks. (See Data Map)
➤ King Charles III is going into the hospital next week for a prostate procedure. At the same time, Kate Middleton, the Princess of Wales, will be hospitalized for up to two weeks for abdominal surgery. (More)
➤ Winter storms in Maine have brought a rare glimpse of a 112-year-old shipwreck at Acadia National Park. The two-masted schooner ran aground in 1911 and was uncovered by a storm surge. (See Photo)
➤ A Louisiana woman set a record for cultivating the state’s biggest cabbage, a beast weighing over 44 pounds. She turned it into a casserole and served it with ham. (See Photos)
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