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HARTFORD, Conn., Dec. 19, 2022 /PRNewswire/ -- Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) previously announced the following monthly distribution on September 8, 2022:
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The Fund provided this estimate of the sources of the distributions:
Information regarding the Fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund's NAV and not the market price of the Fund's shares. Performance figures are not meant to represent individual shareholder performance.
The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
Virtus Artificial Intelligence & Technology Opportunities Fund is a diversified closed-end fund that seeks to provide total return through a combination of current income, current gains, and long-term capital appreciation. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company's debt and equity in order to offer an attractive risk/reward profile. Virtus Investment Advisers, Inc. is the investment adviser to the Fund and Voya Investment Management is its subadviser.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the end of this press release.
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SOURCE Virtus Artificial Intelligence & Technology Opportunities Fund | https://www.wlbt.com/prnewswire/2022/12/19/virtus-artificial-intelligence-amp-technology-opportunities-fund-discloses-sources-distribution-section-19a-notice/ | 2022-12-19T23:01:13 | en | 0.932039 |
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HARTFORD, Conn., Dec. 19, 2022 /PRNewswire/ -- Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on September 8, 2022:
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
The Fund provided this estimate of the sources of the distributions:
Information regarding the Fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund's NAV and not the market price of the Fund's shares. Performance figures are not meant to represent individual shareholder performance.
The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
About the Fund
Virtus Diversified Income & Convertible Fund is a diversified closed-end fund that seeks to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss. The Fund strives to dynamically allocate across convertibles, equities, and income-producing securities. The Fund normally invests at least 50% of total managed assets in convertibles and has the latitude to write covered call options on the stocks held in the equity portion. Virtus Investment Advisers, Inc. is the investment adviser to the Fund and Voya Investment Management is its subadviser.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.
Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the end of this press release.
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SOURCE Virtus Diversified Income & Convertible Fund | https://www.wlbt.com/prnewswire/2022/12/19/virtus-diversified-income-amp-convertible-fund-discloses-sources-distribution-section-19a-notice/ | 2022-12-19T23:01:20 | en | 0.92979 |
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NEW YORK, Dec. 19, 2022 /PRNewswire/ -- The Virtus InfraCap U.S. Preferred Stock ETF (NYSE Arca: PFFA) (the "Fund") has declared a monthly distribution of $0.1625 per share ($1.95 per share on an annualized basis). The distribution will be paid December 29, 2022 to shareholders of record as of the close of business December 21, 2022.
PFFA Cash Distribution:
- Ex-Date: Tuesday, December 20, 2022
- Record Date: Wednesday, December 21, 2022
- Payable Date: Thursday, December 29, 2022
Infrastructure Capital Advisors expects to declare future distributions on a monthly basis. Distributions are planned, but not guaranteed, for every month. The next distribution is scheduled to occur in January 2023.
For more information about PFFA's distribution policy, its 2022 distribution calendar, or tax information, please visit the Fund's website at www.virtusetfs.com.
Virtus ETF Advisers is a New York-based, multi-manager ETF sponsor and affiliate of Virtus Investment Partners. With actively managed and index-based investment capabilities across multiple asset classes, Virtus offers a range of complementary exchange-traded-funds subadvised by select investment managers.
Infrastructure Capital Advisors, LLC (ICA) is an SEC-registered investment advisor that manages exchange traded funds and a series of hedge funds. The firm was formed in 2012 and is based in New York City. Jay Hatfield is portfolio manager at ICA. Mr. Hatfield has extensive knowledge from his over 30 years of experience on Wall Street and frequently appears in the media to share his market commentary and outlook. For more about Jay Hatfield, visit https://www.infracapfunds.com/leadership.
ICA seeks total-return opportunities in key infrastructure sectors, including energy, real estate, transportation, industrials and utilities. It often identifies opportunities in entities that are not taxed at the entity level, such as master limited partnerships ("MLPs") and real estate investment trusts ("REITs"). It also looks for opportunities in credit and related securities, such as preferred stocks. Current income is a primary objective in most, but not all, of the company's investing activities. The focus is generally on asset-intensive companies that generate and distribute substantial streams of free cash flow. For more information, please visit www.infracapfunds.com.
Fund Risks
Exchange Traded Funds: The value of an ETF may be more volatile than the underlying portfolio of securities the ETF is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities. Preferred Stock: Preferred stocks may decline in price, fail to pay dividends, or be illiquid. Non-Diversified: The Fund is non-diversified and may be more susceptible to factors negatively impacting its holdings to the extent that each security represents a larger portion of the Fund's assets. Short Sales: The Fund may engage in short sales, and may experience a loss if the price of a borrowed security increases before the date on which the Fund replaces the security. Leverage: When a Fund leverages its portfolio, the value of its shares may be more volatile and all other risks may be compounded. Derivatives: Investments in derivatives such as futures, options, forwards, and swaps may increase volatility or cause a loss greater than the principal investment. No Guarantee: There is no guarantee that the portfolio will meet its objective. Prospectus: For additional information on risks, please see the Fund's prospectus.
You should consider the Fund's investment objectives, risks, and charges and expenses carefully before investing. Contact VP Distributors LLC at 1-888-383-4184 or visit www.virtusetfs.com to obtain a prospectus which contains this and other information about the Fund. The prospectus should be read carefully before investing.
Virtus ETF Advisers, LLC serves as the investment advisor and Infrastructure Capital Advisors, LLC serves as the subadviser to the Fund.
The Fund is distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc.
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SOURCE Virtus InfraCap U.S. Preferred Stock ETF | https://www.wlbt.com/prnewswire/2022/12/19/virtus-infracap-us-preferred-stock-etf-nyse-arca-pffa-declares-monthly-distribution/ | 2022-12-19T23:01:28 | en | 0.938328 |
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Senate Minority Leader Mitch McConnell (R-Ky.) on Monday touted the year-end deal on an omnibus spending package as a victory for Republicans because it will boost defense spending above the rate of inflation and increase nondefense spending at a lower rate than inflation, effectively resulting in a cut.
McConnell cast the result as the mirror image of what President Biden requested when he sent his budget request to Congress.
“The administration wanted to cut funding for our armed forces after inflation while massively increasing spending on nondefense. Republicans have taken the president’s bizarre position and flipped it on its head,” he said on the Senate floor.
McConnell said the bill, which will be released to the public on Monday afternoon, “provides a substantial real-dollar increase to the defense baseline and a substantial real-dollar cut to the nondefense, non-veterans baseline.”
Republican sources say the boost in defense-related spending compared to what they’re calling the “real-dollar cut” to nondefense spending is more dramatic when the generous increase in spending on military veterans, which is classified on the nondefense side of the spending ledger, is factored in.
McConnell also highlighted the fact that the omnibus is expected to exclude what he called “left-wing goodies,” such as the Safe Banking Act, which would prohibit federal regulators from penalizing financial institutions that do business with legitimate cannabis-related businesses.
“The bipartisan bill that our colleagues have negotiated equips our armed forces with the resources they need while cutting nondefense, non-veterans spending in real dollars,” he said. “This is a strong outcome for Republicans, and much more importantly, it’s the outcome that our nation’s security.”
The consumer price index, which measures inflation, rose by 7.1 percent over the past 12 months, which by McConnell’s account means the omnibus will increase defense spending by more than 7.1 percent while increasing nondefense spending by a smaller percentage.
Senate Democratic Whip Dick Durbin (Ill.) expressed disappointment on Monday afternoon that nondefense social spending programs will receive a smaller increase than defense programs but he noted that Democrats didn’t have much leverage to insist on parity.
McConnell is “in a bargaining position,” Durbin said, and “taking advantage of his leverage.”
“I don’t like it but we’re in a pretty desperate situation,” Durbin added, referring to the Democrats’ loss of the House majority in the midterm elections.
Democrats were eager to strike a deal with McConnell and Sen. Richard Shelby (Ala.), the ranking Republican on the Senate Appropriations Committee, before Republicans take control of the House in January. | https://www.news10.com/hill-politics/mcconnell-omnibus-boosts-defense-spending-cuts-non-defense-spending/ | 2022-12-19T23:03:30 | en | 0.944104 |
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ALBANY, N.Y. (NEWS10)–The Climate Action Council voted today to approve a statewide scoping plan.
The 445 page document lays out New York State’s climate goals. According to the scoping plan, the goal is to achieve 70% of renewable energy by 2030, 100% zero-emission electricity by 2040, and net zero-emissions statewide by 2050.
“New York State is already a leader in solar, wind, transmission,” said Basil Seggos, DEC Commissioner. “We are at rolling those clean energy jobs into the future. This plan helps to set all of that in motion in a coordinated and collaborative way to ultimately put the state in a leadership position nationally.”
In a vote of 19 to 3 the scoping plan was approved.
Commissioner Seggos said it will help better lives and protect and expand jobs. But it will cost money
“The state is going to need a huge amount of funding,” said Seggos. “We have known that from the beginning. Thankfully, we are at a period of time where we have the federal government, state, and localities all aligned from the government side. You also have the private sector engaged. You’ve got technologies ready for market and you have the public that is firmly in support of this.”
The plan does have critics. While Republican Assemblymember Mary Beth Walsh agrees that steps need to be taken to fight climate change, in a statement she said, “ …. Without a complete understanding for costs and solutions, we are setting the bar too high too quickly.”
Others don’t think the plan acts quickly enough.
“The reality is that this plan is actually a plan to make a plan,” said Mark Dunlea, Chair of Green Education and Legal Fund.
Just because the plan was approved, doesn’t mean the job is done— regulations still need to be added. | https://www.news10.com/news/climate-action-council-approves-statewide-scoping-plan/ | 2022-12-19T23:03:36 | en | 0.966 |
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NEW YORK (WPIX) – A Brooklyn bishop who was once robbed mid-sermon was arrested Monday morning for allegedly defrauding a parishioner out of retirement savings, officials said.
Lamor Whitehead, 45, has also been accused of trying to extort and defraud a businessman and lying to the FBI. He has been charged with two counts of wire fraud, each of which carries a maximum sentence of 20 years in prison.
“As we allege today, Lamor Whitehead abused the trust placed in him by a parishioner, bullied a businessman for $5,000, then tried to defraud him of far more than that, and lied to federal agents,” U.S. Attorney Damian Williams said. “His campaign of fraud and deceit stops now.”
Whitehead allegedly “induced” a parishioner to invest about $90,000 of her retirement savings with him, according to an indictment. He’s accused of spending that money on luxury goods and other personal purposes.
The Brooklyn bishop was also charged with extortion, which carries a maximum sentence of 20 years in prison, and one count of making material false statements, which carries a maximum sentence of five years in prison.
“Lamor Whitehead is not guilty of these charges,” his lawyer said in a statement to Nexstar’s WPIX. “He will be vigorously defending these allegations. He feels that he is being targeted and being turned into a villain from a victim.”
Whitehead formed Leaders of Tomorrow International Ministries in 2013, after serving a five-year prison sentence for identity theft and grand larceny. Whitehead claims he was illegally convicted.
Whitehead and his wife were robbed mid-sermon in July after three male suspects stormed in and held them at gunpoint, police said in July. Whitehead and his wife told police the men made off with over $1 million in jewelry, including rings, watches, and chains. One of the suspects allegedly pointed a gun in the face of Whitehead’s 8-month-old child, he said in a Facebook post.
Two suspects were arrested in September for the incident, which was caught on a since-deleted church live stream.
The Associated Press contributed to this report. | https://www.news10.com/news/national/brooklyn-bishop-robbed-mid-sermon-arrested-for-allegedly-defrauding-a-parishioner/ | 2022-12-19T23:03:42 | en | 0.986058 |
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(KTLA) – Former NFL star Willie McGinest was arrested in Los Angeles early Monday morning in connection with an assault, authorities have confirmed.
The alleged assault occurred at a nightclub earlier this month in West Hollywood, according to a media release from the Los Angeles County Sheriff’s Department. The former New England Patriots linebacker arrived at the West Hollywood Sheriff’s station Monday to provide a statement about the incident, authorities.
Following the interview, McGinest was taken into custody for assault with a deadly weapon. He posted the $30,000 bond and was released shortly before 10 a.m. local time.
Additional details about the incident haven’t been released. The Los Angeles County Sheriff’s West Hollywood Detective Bureau continues to investigate the incident.
McGinest’s bail has been set for $30,000 and he is scheduled to appear in court Wednesday morning.
The Long Beach native was a first-round pick in the 1994 draft and spent 15 years in the league playing with the Patriots and Cleveland Browns. He won three Super Bowls with New England and made two Pro Bowls.
After his career on the field, McGinest worked as an analyst for ESPN, Fox Sports, and NFL Network. | https://www.news10.com/news/national/former-nfl-star-willie-mcginist-arrested-in-los-angeles/ | 2022-12-19T23:03:48 | en | 0.973808 |
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WEST SACRAMENTO, Calif. (KTXL) — After searching for her dog for over a year, a West Sacramento woman is going to have him back home in time for Christmas.
After 14 months of looking for her dog, Sandra O’Neill received a call about the whereabouts of her beloved companion, who was found approximately 1,600 miles away.
“When they told me he was in Kansas, I was shocked,” O’Neill said.
Zeppelin, a German shepherd mix, went missing in October 2021.
A woman in the rural town of Louisburg, Kansas found Zeppelin on her property, took him in her home for the night and took him to a veterinarian’s office the next morning. It’s unknown how Zeppelin ended up in Kansas, but the veterinarian clinic discovered through his microchip that he was miles away from home.
Before he went missing, O’Neill said Zeppelin would go to an area near her house that was full of construction workers. Those workers would often give him food, water and treats. O’Neill said she would either pick up Zeppelin or he’d return home on his own. One day, Zeppelin was nowhere to be found.
The night before she got the call from the veterinarian’s office in Kansas, O’Neill said she drove by the area he was last seen, wishing for him to come home.
“I would always think about him and say something when I drive by there occasionally and say ‘I miss you Zeppelin, I hope you come home someday and I hope you’re happy, safe and healthy wherever you are,’” O’Neill said. “The next morning I got the call. I was very excited and really flabbergasted that he was found and very grateful and blessed to be getting the dog back.”
O’Neill owned Zeppelin for 18 months prior to him going missing. Zeppelin is about 3 years old. She named her beloved dog after the band Led Zeppelin.
Zeppelin began his trip back home from Kansas on Sunday. He is being driven back to West Sacramento by a woman named Mary Hastings, who volunteered to take him back home after she visited her daughter in Kansas.
Prior to finding a way for his return, there were discussions on different ways to get Zeppelin home. At one point, bringing Zeppelin home on a military airplane in coordination with Pilots N Paws was a possibility, O’Neill said.
The drive from Kansas to California is approximately a 23-hour drive and Zeppelin is expected to return home sometime this week, days before Christmas.
“We’re very blessed and thankful for all the people involved,” O’Neill said. “There’ve been numerous people working on this tirelessly, trying to get all the legs of the trip handled.”
“I’m just grateful for all the people that put time and energy into this and who have taken care of Zeppelin and loved him where he’s been,” O’Neill continued. | https://www.news10.com/news/national/missing-dog-found-1600-miles-away-from-california-home/ | 2022-12-19T23:03:54 | en | 0.987437 |
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SALEM, N.Y. (NEWS10) – In the Washington County town of Salem, a financial gift is capping off a busy 50th year. On Monday, the theater received a $30,000 grant from the New York State Council on the Arts, to keep the show – and many shows, in fact – going on for years to come.
Fort Salem Theater is host to a diverse range of stage productions, serving as one of multiple arts destinations in the rural town. Its 2023 calendar features productions of “Spring Awakening,” “You’re a Good Man, Charlie Brown” and “The Pirates of Penzance,” among others. The theater operates at a cost of around $200,000 per year, meaning ticket sales and donations aren’t enough to keep the arts going on their own.
“We are so grateful for NYSCA’s support of our mission to provide entertainment, education and inspiration to Salem and the neighboring communities through high-quality, engaging, and diverse stage productions,” said Fort Salem Theater Executive and Artistic Director Kyle West. “Every single dollar provided through grants and donations helps keep our lights shining into the next season, and we’re thrilled to mark 50 years of live arts and education at Fort Salem Theater with NYSCA’s generous support.”
The funds are among $90 million that NYSCA has awarded in 2022, setting a record for most artists and organizations to benefit in a single year. Tickets for the 2023 season can be purchased now, and information on how to donate to the theater is available online.
“We are immensely grateful to Governor Hochul and the Legislature for their unprecedented investment of $240 million to support arts organizations across the state,” said NYSCA Executive Director Mara Manus. “New York State arts organizations such as Fort Salem Theater are the cornerstone of our vibrant arts economy. As crucial drivers of our health and vitality, we are grateful to the unwavering dedication of arts workers across the state.” | https://www.news10.com/news/north-country/grant-propels-fort-salem-theater-past-50-year-mark/ | 2022-12-19T23:04:00 | en | 0.9621 |
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GREENFIELD, N.Y. (NEWS10) — The Greenfield Fire District, as well as other fire departments and emergency service agencies responded to a house fire Sunday night that lasted into the early Monday morning hours. The fire took place in Greenfield.
According to the Greenfield Fire District, first arriving units entered the house and found a heavy fire in the basement, which made its way to parts of the first floor. Members of the Greenfield Fire District made aggressive efforts to put out the fire. No injuries were reported, and the entire process took approximately three hours from the time of the call, to being back in service.
The Greenfield Fire District was assisted by the Ballston Spa Fire Department, Corinth Fire Department, and the Saratoga Springs Professional Fire Fighters Local 343. Corinth EMS and the Saratoga County Cause and Origin team also assisted, with multiple agencies standing by for cover assignments. | https://www.news10.com/news/saratoga-county/photos-greenfield-fire-district-responds-to-housefire/ | 2022-12-19T23:04:06 | en | 0.972302 |
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(NEXSTAR) — The people of Massachusetts, more so than any other state, are really itching to spend their cash on scratch-offs and lottery tickets. That’s one of the major takeaways from a new study conducted by LendingTree, which sought to determine which states’ residents spend—and lose—the most cash on lottery games per capita.
The study, based on lottery data from the U.S. Census Bureau 2020 Annual Survey of State Government Finance, found that residents of Massachusetts spent a whopping $805.30 cents per capita on lottery and scratch-off tickets that year. For perspective, New York—where residents spent the second-most on lottery tickets in the country—had a per capita average of $455.93, according to the study.
The top ten states where residents spent the most on lottery tickets in 2020, according to LendingTree’s study, are listed below. Rhode Islanders, Georgians, and Michiganders rounded out the top five, spending an average of $429.88, $429.51, and $408.51, respectively, per capita in 2020. The full rankings can be found at LendingTree.com.
In addition to buying spending the most on lottery tickets, Massachusetts residents also spent the largest percentage of their income on these games when compared with the rest of the country: For every $1,000 of personal income, Bay Staters spent an average of $10.26 per capita trying to hit the lottery jackpots in 2020, the study suggests.
Somewhat surprisingly, the residents of Massachusetts weren’t the biggest lottery losers in the country. When comparing sales to payouts, lottery players in Rhode Island won back only $148.25 after spending an average of $429.88, for a net loss of 281.63 per capita. West Virginians lost about $249.81 per capita, while folks in Massachusetts lost around $244.49.
“If you only play the lottery occasionally and only spend a few dollars a time, no real harm is done,” said Matt Schultz, the chief credit analyst for LendingTree, in a statement that probably comes as no surprise to the people of Rhode Island or Massachusetts. “However, if you’re consistently playing $10 or $20 or more each week, that adds up over time. You’re dropping more than $1,000 a year on lottery tickets if you play just $20 per week. That’s real money that could be earning interest and growing your wealth or bulking up your emergency fund instead.”
On the other end of the spectrum, the states where residents spent the least on lottery games in 2020 (aside from Alabama, Alaska, Hawaii, Nevada, and Utah, where there currently are no state lottery programs) included North Dakota ($32.24 per capita), Wyoming ($40.97), Montana ($58.62), New Mexico ($63.83) Oklahoma ($71.23), according to LendingTree’s analysis.
Across all states, Americans counted among the “baby boomer” generation were also found least likely to play the lottery at all, with only 51% saying they buy some sort of lottery ticket, according to a LendingTree survey of over 2,000 U.S. adults. Gen Zers were somewhat more likely at 55%, while millennials and Gen Xers were found to be the most likely to play, at 64% and 66%. | https://www.news10.com/news/the-lottery-which-states-residents-spend-the-most-on-tickets-and-scratch-offs/ | 2022-12-19T23:04:12 | en | 0.952244 |
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President Biden will likely be forced to ramp up administrative actions to advance his agenda next year, when a divided Congress will offer him far fewer chances for legislative wins.
Biden has already issued a slew of executive orders throughout his time in the White House, notably his student loan forgiveness plan, and outside groups want to see movement on more progressive issues, such as the climate, workers’ rights and marijuana reform.
Advocates say Biden needs to move forward in response to the better-than-expected midterm results for Democrats — and that now is the time to tackle items the president ran on in 2020 and make his case for 2024, with or without the help of the new GOP-controlled House.
“President Biden must ramp up and use the entirety of his executive power going into this new Congress to get things done for the young people who saved this midterm election for Democrats,” said Deirdre Shelly, campaigns director for the Sunrise Movement. “That means canceling even more student loan debt, declaring a climate emergency, using the Defense Production Act to expedite our transition to renewable energy, and a range of other far-reaching executive actions that would help the lives of people across the country.”
Paco Fabian, communications and campaigns director for Our Revolution, said that ahead of 2024, progressives need to know Biden is fighting for them.
“If you think that you’re going to be able to rest on your laurels from what you achieved so far, which from our perspective is certainly a step forward but not enough by any stretch, then we’re going to have a serious problem in 2024 trying to convince voters to be excited to vote for the reelection of Joe Biden,” Fabian said.
Democrats in this Congress passed a sweeping climate and tax bill, the Inflation Reduction Act, which was a huge focus for the president. The $740 billion law Biden signed in August is expected to bring U.S. planet-warming emissions down to lower than they were in 2005 through provisions to promote the deployment of clean energy.
But progressives have not quieted their calls for Biden to declare a national emergency on the climate.
“The administration got canceling student debt across the finish line, and now is the time to do things like declaring a climate emergency and using those powers to take bold environmental actions,” said Adam Green, co-founder of the Progressive Change Campaign Committee.
A White House official argued that Biden has done more on climate already than any other president and to expect more.
“President Biden has done more than any prior president in U.S. history to tackle the climate crisis, and has no intention of stopping now. In addition, the President has taken historic action to increase competition in the economy, including establishing the first-ever White House Competition Council,” the official told The Hill.
Progressives, Green said, also want to see worker protections for federal employees and action on overtime rules.
The Congressional Progressive Staff Association earlier this month pushed for Congress to include overtime pay provisions in the government spending bill to give congressional staffers clear and secure overtime protections.
Additionally, liberals are pushing for changes that support consumers and build on Biden’s efforts to crack down on junk fees. In October, Biden said he would take on so-called junk fees to combat inflation by taking steps to eliminate billions in banking fees, hidden charges and added fees on cable bills, airline tickets and hotel bookings.
And, Fabian noted, progressives want to see more pro-union actions, such as curbing retaliation and getting paid sick days for rail workers. The president signed legislation earlier this month to avert a rail shutdown, but increasing paid leave accommodations for workers was left out of the deal. Biden said it should be addressed separately after lawmakers couldn’t agree on it.
Several of the Democrats who are heading to Congress next year made marijuana legislation a big part of their campaigns. Sen-elect John Fetterman (Pa.) has vowed to work to deschedule the drug and expunge records of those convicted of nonviolent marijuana offenses, and Rep-elect Maxwell Frost (Fla.) wants to legalize recreational marijuana nationwide.
Bills tackling marijuana reform would likely not get far in a GOP-controlled House. And while Biden could act by executive order to build on his moves from October to grant pardons to those convicted on simple federal marijuana possession charges, much of marijuana law is currently relegated to the state level.
Of course, Republicans are sure to oppose any major Biden executive actions.
The president’s student loan forgiveness plan, which was celebrated by progressives, has faced numerous legal challenges and pushback from Republicans. The president announced an executive order in August to give federal borrowers making less than $125,000 a year up to $10,000 debt relief. But the program is on hold while its legal challenges play out.
Democrats, however, are confident those court challenges won’t stop Biden from wanting to do more through the power of the pen.
“Of course, there’s a concern that the courts may throw it out,” said Ivan Zapien, a former Democratic National Committee official. “You look at all the levers that you have and pull the ones that you think are important for the future and deal with the consequences one way or another, as long as it’s not reckless. And I don’t think any of these initiatives or use of executive powers have been reckless.”
Fabian argued that progressives would rather see action that is challenged than none at all
“That’s always gonna be a concern, but I think the Democratic base and the progressive part of that base, in particular, will be much more upset if the president didn’t do anything because he’s worried about what the courts might do versus actually doing it and then having it play out in the courts,” he said.
The president could also use executive orders to rack up talking points to run on in 2024. Biden has indicated he intends to seek reelection and that an official announcement will come next month.
Shelly, from Sunrise, said that bold actions will help with young voters who were essential in 2022, coming out for Democrats with a larger turnout than typically seen among young people in a midterm election.
“This election cycle proved that delivering progressive policy, from canceling student loans to passing the largest climate bill in U.S. history, is a winning strategy, and one that the administration cannot abandon ahead of 2024,” she said.
“Young people were not excited to vote months ago, and after he passed a climate bill, a gun bill and canceled student loans, they improved significantly — and led to nearly record-breaking turnout. That’s no coincidence,” Shelly added.
Implementation of the Inflation Reduction Act next year will also be critical and help the president looking ahead to 2024. Biden takes trips around the country often to discuss provisions of the bill, including how it allows Medicare to negotiate prices for some drugs and shores up health insurance subsidies.
The administration will also be focused on implementation of the infrastructure law and the CHIPS and Science Law, bills passed with bipartisan support this Congress.
“Right now, you’re going into a very heavy period of where you’re looking for effective executive leadership to get this money out the door, the programs up and running,” Zapien said. “It’s a gigantic undertaking, which we haven’t seen probably since the New Deal.” | https://www.news10.com/top-stories/divided-congress-may-drive-biden-to-the-power-of-the-pen/ | 2022-12-19T23:04:19 | en | 0.968745 |
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ATLANTA (AP) — Georgia's top elections official urged lawmakers on Wednesday to end general election runoffs — this month's bitter Senate contest was the latest example — but offered no specific proposals, saying there is a “wide range of options.”
The push by Republican Secretary of State Brad Raffensperger to discard the unusual format for general elections comes after high-profile Senate races went into overtime this year and in 2020, with Democrats winning each time. Democrat Raphael Warnock has twice won runoffs, including his Dec. 6 victory over GOP challenger Herschel Walker.
Raffensperger said in a statement that Georgia is “one of the only states that always seems to have a runoff” and that the legislature should "consider reforms.” Georgia is one of four states that have runoffs in general elections, though only Georgia and Louisiana use them for all races. Nine states hold runoffs in primaries, though the rules vary.
Georgia lawmakers said possible options include lowering the threshold for winning an election to a 45% plurality or using ranked choice ballots for voters, as some other states do, to designate additional choices beyond a first candidate, allowing for an instant runoff.
Under current Georgia law, if no candidate wins more than 50% of the vote in a primary or general election, the top two finishers advance to a runoff election.
In most states, the candidate who earns the greatest number of votes, even if that is far short of a majority, wins a party primary or general election. But most Southern states require runoffs in primaries, an outgrowth of a time when white supremacist Democrats were the overwhelming majority and sought to consolidate support behind one candidate to prevent splits in general elections that could threaten their rule.
Georgia went one step further in the 1960s and also required runoffs for general elections, a move the sponsor said was meant to bolster white rule.
Raffensperger’s spokesman said the secretary of state was unavailable for interviews this week and that it is up to lawmakers to decide on any changes. Raffensperger is not proposing altering the requirement for runoffs after party primaries.
GOP Gov. Brian Kemp, incoming Lt. Gov. Burt Jones, who will preside over the state Senate, and representatives of the state Republican and Democratic parties did not immediately respond to requests for comment Wednesday. A big turnover among the General Assembly’s leadership is expected to mean a slow start to legislating and possibly a limited appetite for big changes in the session that begins Jan. 9.
State Rep. Alan Powell, a Republican who has been the vice chairman of the House Special Committee on Election Integrity, said he would not support changes that would let people win elections with less than a majority.
“As a philosophical point, if you’re going to have an elected person represent you, they need to have at least 50 plus 1% of the voters to ratify their elections,” Powell said Wednesday.
But Democratic state Sen. Elena Parent said she had heard discussion about lowering the threshold to avoid a runoff from the current majority to a requirement of 45%. Parent said she would be in favor of at least a trial of instant runoffs because runoffs in many local elections have very low turnout, which she said is a “very undemocratic” way of determining elections.
State Sen. Michelle Au, a Democrat, said she would be “shocked if we didn’t see several versions of plurality or instant runoff proposed.”
Powell said ranked choice voting was discussed in 2021 when Georgia overhauled its election law, but that it only won support for overseas voters as a way to cut the time for runoffs from nine weeks to four weeks.
When no one reached the 50% threshold in either of two U.S. Senate races two years ago, the runoff election was held nine weeks later, on Jan. 5, 2021. Warnock and fellow Democrat Jon Ossoff defeated Republican incumbents Kelly Loeffler and David Perdue, respectively.
Changes in a 2021 election law meant that the final day of voting in this year's runoff election was just four weeks after the general election. That shortened runoff period presented a challenge for county election officials, particularly with the Thanksgiving holiday falling in the middle.
___
Follow AP’s coverage of the elections at: https://apnews.com/hub/2022-midterm-elections | https://www.wtxl.com/media/v/content/f4a589a00de76a2268cb52413294f73b | 2022-12-19T23:04:58 | en | 0.968335 |
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TALLAHASSEE, FLa. — Florida Governor Ron DeSantis announced on Monday over 600 bonuses have been awarded to newly employed law enforcement recruits since the launch of the Florida Law Enforcement Recruitment Bonus Program.
According to the governor's press release, Florida's "first-of-its-kind" program is part of a law enforcement support initiative, awarding a one-time bonus pay of $5,000, after taxes, to each new employed officer within the state of Florida. Majority of the awarded bonuses have already been issued to recruits and the remaining checks are expected to be paid by the end of the week, according to the press release.
“Through the Law Enforcement Recruitment Bonus Payment Program, law enforcement officers are transitioning into this incredibly rewarding profession in a state that appreciates their heroic service to Florida’s communities,” said Florida Department of Economic Opportunity (DEO) Secretary Dane Eagle.
DeSantis signed House Bill 3, a sweeping law enforcement recruitment and retention bill, during the 2022 Legislative Session, the press release reports. | https://www.wtxl.com/news/local-news/gov-desantis-announces-over-600-bonuses-awarded-to-new-law-enforcement-recruits | 2022-12-19T23:05:04 | en | 0.960562 |
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Actress Amber Heard says she has settled a defamation lawsuit with her ex-husband Johnny Depp.
Heard said in a post to her Instagram page that the move is "not an act of concession" and she said she has "made no admission" in the decision to settle the case.
"It's important for me to say that I never chose this," she wrote. "I defended my truth and in doing so my life as I knew it was destroyed."
"The vilification I have faced on social media is an amplified version of the ways in which women are re-victimised [sic] when they come forward. Now I finally have an opportunity to emancipate myself from something I attempted to leave over six years ago and on terms I can agree to," she wrote in the post.
"There are no restrictions or gags with respect to my voice moving forward," wrote Heard.
Heard said she believes that "popularity and power mattered more than reason and due process" in her case.
"I make this decision having lost faith in the American legal system, where my unprotected testimony served as entertainment and social media fodder," she wrote.
Heard filed an appeal in her defamation case earlier this month, but said she believes that even if a U.S. appeal was successful, it would mean a re-trial and a new jury that would have to consider the evidence again.
Depp accused Heard of defamation stemming from a 2018 op-ed that she wrote for the Washington Post.
A jury awarded Depp $10 million in compensatory damages and $5 million in punitive damages in the case.
Heard was awarded $2 million in compensatory damages and no money for punitive damages for a cross-complaint. | https://www.wtxl.com/news/national/amber-heard-says-she-settled-defamation-case-with-johnny-depp | 2022-12-19T23:05:10 | en | 0.98736 |
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Nearly a third of Americans will travel for the holidays.
AAA estimates 112.7 million people will travel 50 miles or more in the time frame from December 23 to January 2. 2022 is expected to be the third busiest year for holiday travel since the company began tracking in 2000.
Nearly 102 million Americans will drive to get to their holiday destinations, and air travel will increase 14 percent over last year, AA predicts.
All that sitting can increase your risk for blood clots.
“Blood clots are a fairly common thing we see, especially in the veins,” said Dr. Hassan Kamran, who works in interventional cardiology at the Memorial Hermann Health System.
While everyone is navigating staying healthy with the flu, COVID-19, and other illnesses circulating, blood clots are another problem to watch out for.
According to the CDC, sitting for long periods of time can increase your chances of developing a deep vein thrombosis, which is a type of blood clot that forms in a large vein. Part of this clot can also break off and travel to the lungs which causes a blockage of arteries in the lung.
“It's not uncommon for people to come in that were on a flight, get here, and then start having leg swelling or leg pain or even shortness of breath,” Dr. Kamran said. “What people tend to see is that they’ll have increased pain, tenderness, or swelling in the area. It's generally just affecting one leg.”
Dr. Karman said other signs to look out for are shortness of breath if a clot breaks off and travels to the lungs.
Experts have ways you can prevent this from happening.
“Generally when you're walking, moving around, your muscles are also moving around. The legs are contracting and that helps promote the flow of blood back up the veins,” he said. “The main thing people can do to mitigate the risk is just moving occasionally.”
The CDC also has a list of risk factors that can increase your chance for travel-associated blood clots. This includes:
- Older age
- Obesity
- Recent surgery or injury
- Use of estrogen-containing contraceptives
- Hormone replacement therapy
- Pregnancy and the postpartum period
- Previous blood clot or a family history of blood clots
- Active cancer or recent cancer treatment
- Limited mobility
- Catheter placed in a large vein
- Varicose veins
To stay healthy while traveling, the CDC recommends being up to date on routine vaccines, preparing a travel health kit, and washing your hands. Experts say you can also minimize exposure to viruses on airplanes by bringing hand sanitizer, wearing a mask, and booking direct flights instead of one with a layover. | https://www.wtxl.com/news/national/experts-explain-how-to-stay-healthy-while-traveling-during-the-busy-holiday-season | 2022-12-19T23:05:17 | en | 0.952054 |
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LONDON (AP) — British television presenter Jeremy Clarkson said Monday he is "horrified to have caused so much hurt" with a scathing column about Prince Harry's wife, Meghan, that attracted a flood of complaints.
Clarkson, who hosts motoring show "The Grand Tour" on Amazon, wrote in tabloid newspaper The Sun that he hated the former Meghan Markle "on a cellular level" and dreamed of her being paraded naked through British towns "while the crowds chant 'Shame!' and throw lumps of excrement at her."
Media watchdog the Independent Press Standards Organization said it had received more than 12,000 complaints about the column by Monday — close to the total number of complaints it received in all of 2021.
The column was removed from The Sun's website on Monday.
Clarkson, who made his name as the combative host of the BBC car show "Top Gear," said the public shaming image was "a clumsy reference" to a scene in "Game of Thrones."
"I'm horrified to have caused so much hurt and I shall be more careful in future," he wrote on Twitter.
Clarkson's column followed the release of a six-part Netflix documentary about Harry and Meghan's acrimonious split from the British royal family. The couple quit royal duties and moved to California in 2020, citing a lack of support from the palace and racist press treatment of Meghan, who is biracial.
Clarkson's column was condemned by public figures including Scottish First Minister Nicola Sturgeon, who called it "deeply misogynist and just downright awful and horrible."
Clarkson's daughter Emily Clarkson posted on Instagram that "I stand against everything that my dad wrote about Meghan Markle and I remain standing in support of those that are targeted with online hatred."
Asked about the article, Prime Minister Rishi Sunak said that "for everyone in public life, language matters." He added that "I absolutely don't believe that Britain is a racist country." | https://www.wtxl.com/news/national/jeremy-clarkson-column-about-meghan-sparks-tide-of-criticism | 2022-12-19T23:05:23 | en | 0.981137 |
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AUSTIN, Texas — Electronic tattoos could be the next great frontier when it comes to diagnosing and treating both mental health problems and stress in this country.
Inside a lab the University of Texas in Austin, Nanshu Lu and her colleagues have spent the last decade developing state-of-the-art e-tattoos.
"We designed the tattoo so they are as stretchy as our skin," she explained. "Our body is radiating information from every inch of our skin.
The work being done here could have major implications for the way we diagnose and deal with both stress and mental health problems.
"For people with mental health issues or depression their skin conduits are different from healthy people," she said.
Those e-tattoos are placed strategically on a person’s palm. No other place on the body tells us more about our moods or stress.
"Our palm has the highest density of sweat glands which are controlled by sympathetic nerves, which are only excited when you have emotional swings," Lu added.
With the help of a small watch, Lu and her team are able to measure electrodermal activity in real time. More activity means our bodies are experiencing more stress.
The eventual hope is that someday these nearly invisible devices could gather data a healthcare provider could read to determine what may trigger a psychiatric issue or depression.
At the end of the day, Lu knows crossing this fine line of technological human evolution may scare some folks. But her hope is that these temporary tattoos can permanently change the ways we deal with stress. | https://www.wtxl.com/news/national/these-e-tattoos-can-tell-when-youre-stressed | 2022-12-19T23:05:29 | en | 0.967513 |
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Supreme Court Justice John Roberts issued a temporary hold on the termination of an immigration policy known as title 42. The order was scheduled to expire on Dec. 21. The order will stay in place, for now.
States have pushed to keep limits on asylum-seekers, put in place during the beginning of the coronavirus pandemic. The states are appealing to the U.S. Supreme Court in a last-ditch effort before the limits are set to expire.
The nineteen states Monday asked the court for an emergency stay that would keep Title 42 in place.
In the order from Roberts, he signaled that the court would try and act quickly. The Biden administration has been asked to respond by 5 p.m. Eastern on Tuesday to the emergency appeal, which was filed by a group of Republican-led states.
"This Court's review is warranted given the enormous national importance of this case. It is not reasonably contestable that the failure to grant a stay will cause an unprecedented calamity at the southern border," the states wrote in their request.
The immigration restrictions, often referred to as Title 42, were put in place under then-President Donald Trump in March 2020 and have prevented hundreds of thousands of migrants from seeking asylum in the U.S. in recent years. But as they're set to expire thousands more migrants are packed in shelters on Mexico's border with the U.S.
Immigration advocates sued to stop the use of Title 42 to limit who can apply for asylum, saying that the policy goes against American and international obligations to people fleeing to the U.S. to escape persecution. And they've argued that things like vaccines and treatments for the coronavirus have made the policy outdated.
Conservative-leaning states have argued that lifting of Title 42 will lead to a surge of migrants into their states and take a toll on government services like health care or law enforcement. They also charge that the federal government has no plan to deal with an increase in migrants. With a Republican-controlled House set to take charge in early January, the imminent lifting of the pandemic-era restrictions has become a hot-button political issue.
The D.C. Circuit Court of Appeals rejected efforts by 19 conservative-leaning states late Friday to intervene in the case, saying they'd waited too long, leading the states to appeal to the Supreme Court. | https://www.wtxl.com/news/national/title-42-temporarily-held-as-states-appeal-to-supreme-court-to-keep-immigration-limits | 2022-12-19T23:05:35 | en | 0.979508 |
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JEFFERSON COUNTY, Fla. (WTXL) — The Florida Highway Patrol responded to a fatal traffic incident in northern Jefferson County Monday morning.
According to FHP’s report, at 8 a.m. on U.S. 19 at the Georgia state line with Florida, a tractor trailer operated by a 60-year-old man of Valdosta, Georgia was traveling northbound on U.S. 19.
The vehicle then exited the east side of the roadway onto the shoulder.
The driver attempted to reenter the road. The vehicle then overturned onto its right side as it reentered the roadway.
According to the report, the driver was ejected from the vehicle and pronounced deceased on scene.
FHP notes in its report that it is unknown if the driver of the tractor trailer was wearing a seat belt.
The Jefferson County Sheriff’s Office and the Jefferson County Fire Rescue assisted the Florida Highway Patrol at the scene of the accident. | https://www.wtxl.com/traffic/resident-of-valdosta-dies-in-vehicle-incident-in-jefferson-county | 2022-12-19T23:05:41 | en | 0.961337 |
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CRAWFORDVILLE, Fla. (WTXL) — An accident in Wakulla County has led to a roadblock.
According to the Florida Highway Patrol’s Live Traffic Crash and Road Condition Report website at U.S. 98 and Spring Creek Highway, FHP is working a vehicle crash with injuries.
FHP responded to the scene around 4:18 p.m. Monday.
The roadway is blocked and FHP said for those traveling in the area to use caution.
This story will be updated. | https://www.wtxl.com/traffic/traffic-incident-alters-traffic-in-wakulla-county | 2022-12-19T23:05:47 | en | 0.952781 |
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You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/pittsburgh-pirates/articles/41927909 | 2022-12-19T23:06:27 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/philadelphia-76ers/articles/41926674 | 2022-12-19T23:06:29 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/philadelphia-76ers/articles/41927230 | 2022-12-19T23:06:35 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41925919 | 2022-12-19T23:07:01 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41925920 | 2022-12-19T23:07:07 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41926046 | 2022-12-19T23:07:13 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41926064 | 2022-12-19T23:07:20 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41926508 | 2022-12-19T23:07:26 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41926739 | 2022-12-19T23:07:32 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41926830 | 2022-12-19T23:07:38 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41926954 | 2022-12-19T23:07:44 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/41927138 | 2022-12-19T23:07:50 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41926982 | 2022-12-19T23:08:02 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927081 | 2022-12-19T23:08:08 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927326 | 2022-12-19T23:08:10 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927391 | 2022-12-19T23:08:16 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927396 | 2022-12-19T23:08:22 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927542 | 2022-12-19T23:08:28 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927573 | 2022-12-19T23:08:30 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927600 | 2022-12-19T23:08:36 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927639 | 2022-12-19T23:08:42 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927651 | 2022-12-19T23:08:48 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927684 | 2022-12-19T23:08:50 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927710 | 2022-12-19T23:08:56 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/new-england-patriots/articles/41927712 | 2022-12-19T23:09:02 | en | 0.738227 |
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