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Trump makes announcement on Homeland Security task forces

admin - Latest News - October 23, 2025
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Watch live coverage as President Trump makes an announcement about Homeland Security task forces during a roundtable event at the White House.



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Savewith a NBCUniversal ProfileCreate your free profile or log in to save this articleOct. 23, 2025, 3:34 PM EDTBy Doha MadaniFormer NBA player and assistant coach Damon Jones is accused of taking part in a sports betting scandal in which he apparently gave away non-public information about Los Angeles Lakers stars LeBron James and Anthony Davis. Jones was named in an unsealed indictment Thursday as part of a widespread gambling investigation that federal officials have dubbed Operation Nothing But Bet. The indictment, filed in the U.S. District of Court of Eastern District of New York, accused six suspects of participating in a scheme to defraud betting companies. Two incidents from the indictment suggest that Jones tipped off his alleged conspirators to injuries involving James and Davis before the information was made public. In February 2023, Jones was either a teammate or coach of the player, unnamed, while Jones played on the Cleveland Cavaliers and later coached for the Lakers, the indictment said.That relationship allowed him access to “non-public information” about that player’s medical status on Feb. 9, 2023, when the Lakers were playing the Milwaukee Bucks, it continued.Jones allegedly texted his co-conspirator that the player would be out that night and to “Get a big bet on Milwaukee tonight before the information is out!” according to the indictment.LeBron James, power forward for the Lakers, was out that night due to a sore left ankle and foot, according to a game recap. LeBron James of the Los Angeles Lakers and Damon Jones greet each other before a playoff game on April 28, 2023.Adam Pantozzi / NBAE via Getty Images fileIt’s unclear how much money Jones potentially received for the tip, but the Bucks did defeat the Lakers that night. Jones also allegedly sold other nonpublic information about a Lakers player to conspirators that led to a $100,000 bet against the team during a Jan. 15, 2024, game against the Oklahoma City Thunder.According to the indictment, Jones gave away information about an athlete identified only as Player 4 being injured before the game. The information was not public at the time and the bet was made hours before the player was listed as “probable” in the NBA’s injury report.Anthony Davis was the only Lakers player listed as probable on the injury report from that day.“Ultimately, Player 4 played in the January 15 Game in line with his season average in minutes and performed well, and the Lakers won the game,” the indictment said.Anthony Davis of the Los Angeles Lakers plays against the Oklahoma City Thunder on Jan. 15, 2024.Ronald Martinez / Getty Images fileJones allegedly received $2,500 through a “peer-to-peer mobile payment” after providing the tip. The former NBA star has been charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit wire fraud. It’s unclear whether Jones has retained an attorney. Jones was arrested Thursday but court records do not yet list an appearance date for him.Doha MadaniDoha Madani is a senior breaking news reporter for NBC News. Pronouns: she/her.Andrew Greif contributed.
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Savewith a NBCUniversal ProfileCreate your free profile or log in to save this articleNov. 6, 2025, 9:58 AM ESTBy Steve KopackU.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday.“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008,” the firm said in a news release. From January through the end of October, employers have announced the elimination of nearly 1.1 million jobs. It’s the most Challenger has recorded since 2020, when the Covid-19 pandemic shut down the global economy.“October’s pace of job cutting was much higher than average for the month,” Andy Challenger, the firm’s chief revenue officer, said in a statement. The last time there was a higher October monthly total was in 2003.“Some industries are correcting after the hiring boom of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes,” he said.On Wednesday, the private payroll processor ADP released its own October jobs data, showing that employers added just 42,000 jobs in the month.The ADP report also flagged job losses in the leisure and hospitality sector as a potential sign of trouble ahead, given the industry’s acute sensitivity to consumer sentiment.ADP’s chief economist called the losses in hospitality and leisure a “concerning trend.” Both Challenger and ADP’s reports landed as major companies such as Amazon, IBM, UPS, Target, Microsoft, Paramount and General Motors announced plans to eliminate tens of thousands of jobs.Despite the wave of downbeat economic news, the Trump administration continues to deliver an upbeat take on the current environment.“Jobs are booming” and “inflation is falling,” Treasury Secretary Scott Bessent said Tuesday.However, the most recent available data paints a different picture.Inflation has also been on the rise. Prices as measured by the Consumer Price Index overall have risen every month since April.A spokesperson for the Treasury Department did not immediately reply to a request for comment on the Challenger report. Challenger’s report does not typically carry the same weight with economists and investors as federal jobs data, owing to its methodology. To arrive at its figures, the firm compiles the number of job cuts companies have publicly announced. But employers may not ultimately carry out all the cuts they roll out.Moreover, some of the job cuts that multinational companies announce could affect workers outside of the United States. Other headcount reductions could be achieved through attrition, rather than layoffs. The report also may not capture smaller layoffs over the long run.But in the midst of a federal data blackout caused by the government shutdown, Challenger’s latest report is being read more closely than usual.The federal government’s October jobs report that would traditionally be released Friday will not be published this week, due to the shutdown. Other key data about the U.S. economy like GDP and an inflation indicator called PCE, closely watched by the Federal Reserve, has also been delayed.Challenger equated the impact of AI on the current labor market to the rise of the internet in the early aughts. “Like in 2003, a disruptive technology is changing the landscape,” it said.”Technology continues to lead in private-sector job cuts as companies restructure amid AI integration, slower demand, and efficiency pressures,” Challenger said.But even firms that are not actively cutting jobs have warned that they do not plan to add to their headcount in the near term, with several pointing directly to AI’s impact on their personnel needs.On Wednesday night, JPMorgan Chase CEO Jamie Dimon told CNN that headcount at his company would likely remain steady as the nation’s largest bank rolls out AI internally. Goldman Sachs CEO David Solomon also recently told his employees that the firm would “constrain headcount growth through the end of the year,” as it takes advantage of AI efficiencies, Bloomberg reported. Steve KopackSteve Kopack is a senior reporter at NBC News covering business and the economy.
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