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  • Israel fighter jets begin striking Gaza strip targets again as Hamas truce expires

    Israel fighter jets begin striking Gaza strip targets again as Hamas truce expires

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    JERUSALEM (AP) — The Israeli military said Friday that its fighter jets have begun striking Hamas targets in the Gaza Strip, in the clearest sign yet that the war has resumed with full force after a weeklong truce.

    The announcement came 30 minutes after the cease-fire expired at 7 a.m. (0500 GMT) Friday.

    Earlier Friday, Israel accused Hamas of having violated the terms of the cease-fire, including by firing rockets toward Israel from Gaza.

    The temporary truce in the Israel-Hamas war expired Friday morning, without immediate word from mediator Qatar on an extension, raising the possibility of renewed fighting.

    The halt in fighting began a week ago, on Nov. 24. It initially lasted for four days, and then was extended for several days with the help of Qatar and fellow mediator Egypt.

    During the week-long truce, Hamas and other militants in Gaza released more than 100 hostages, most of them Israelis, in return for 240 Palestinians freed from prisons in Israel. Virtually all of those freed were women and children.

    Reaching agreements on swaps appeared to be growing harder as most women and children held in Gaza had already been released.

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  • UiPath’s stock soars after profit, revenue and ARR rise above forecasts

    UiPath’s stock soars after profit, revenue and ARR rise above forecasts

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    Shares of UiPath Inc. soared late Thursday after the automation-software company reported fiscal-third-quarter earnings and revenue that rose above expectations, amid strength in the licenses and subscription-services businesses.

    The stock
    PATH,
    -0.55%

    shot up 11% in after-hours trading, putting it on a path to trade at the highest closing levels seen since April 2022.

    Net losses for the quarter to Oct. 31 narrowed to $31.5 million, or 6 cents a share, from $57.7 million, or 10 cents a share, in the same period a year ago. Excluding nonrecurring items, such as stock-based compensation expenses, adjusted earnings per share rose to 12 cents from 5 cents to beat the FactSet consensus of 7 cents.

    Total revenue grew 24% to $325.9 million, above the FactSet consensus of $315.6 million.

    Licenses revenue jumped 25.3% to $148.1 million, well above the FactSet consensus of $137.5 million, and subscription-services revenue climbed 28.7% to $167.5 million to top expectations of $166.9 million. Meanwhile, professional services and other revenue dropped 28.4% to $10.3 million, to miss forecasts of $11.2 million.

    Annual recurring revenue increased 24% to $1.38 billion, above the FactSet consensus of $1.36 billion.

    For the fourth quarter, the company expects revenue of $381 million to $386 million, which surrounds the FactSet consensus of $383 million.

    The stock, which fell 0.6% during Thursday’s regular session after closing the previous session at a 15-month high, has run up 26.6% over the past three months, while the SPDR S&P Software & Services ETF
    XSW,
    -0.60%

    has tacked on 1.3% and the S&P 500
    SPX,
    +0.38%

    has edged up 1.2%.

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  • Henry Kissinger, the polarizing former secretary of state, dies at 100

    Henry Kissinger, the polarizing former secretary of state, dies at 100

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    WASHINGTON — Former Secretary of State Henry Kissinger, the diplomat with the thick glasses and gravelly voice who dominated foreign policy as the United States extricated itself from Vietnam and broke down barriers with China, died Wednesday, his consulting firm said. He was 100.

    With his gruff yet commanding presence and behind-the-scenes manipulation of power, Kissinger exerted uncommon influence on global affairs under Presidents Richard Nixon and Gerald Ford, earning both vilification and the Nobel Peace Prize. Decades later, his name still provoked impassioned debate over foreign policy landmarks long past.

    Kissinger’s power grew during the turmoil of Watergate, when the politically attuned diplomat assumed a role akin to co-president to the weakened Nixon.

    “No doubt my vanity was piqued,” Kissinger later wrote of his expanding influence. “But the dominant emotion was a premonition of catastrophe.”

    A Jew who fled Nazi Germany with his family in his teens, Kissinger in his later years cultivated the reputation of respected statesman, giving speeches, offering advice to Republicans and Democrats alike and managing a global consulting business. He turned up in President Donald Trump’s White House on multiple occasions. But Nixon-era documents and tapes, as they trickled out over the years, brought revelations — many in Kissinger’s own words — that sometimes cast him in a harsh light.

    Never without his detractors, Kissinger after he left government was dogged by critics who argued that he should be called to account for his policies on Southeast Asia and support of repressive regimes in Latin America.

    For eight restless years — first as national security adviser, later as secretary of state, and for a time in the middle holding both titles — Kissinger ranged across the breadth of major foreign policy issues. He conducted the first “shuttle diplomacy” in the quest for Middle East peace. He used secret channels to pursue ties between the United States and China, ending decades of isolation and mutual hostility.

    He initiated the Paris negotiations that ultimately provided a face-saving means — a “decent interval,” he called it — to get the United States out of a costly war in Vietnam. Two years later, Saigon fell to the communists.

    And he pursued a policy of detente with the Soviet Union that led to arms control agreements and raised the possibility that the tensions of the Cold War and its nuclear threat did not have to last forever.

    At age 99, he was still out on tour for his book on leadership. Asked in July 2022 interview with ABC whether he wished he could take back any of his decisions, Kissinger demurred, saying: “I’ve been thinking about these problems all my life. It’s my hobby as well as my occupation. And so the recommendations I made were the best of which I was then capable.”

    Even then, he had mixed thoughts on Nixon’s record, saying “his foreign policy has held up and he was quite effective in domestic policy” while allowing that the disgraced president had “permitted himself to be involved in a number of steps that were inappropriate for a president.”

    As Kissinger turned 100 in May 2023, his son David wrote in The Washington Post that his father’s centenary “might have an air of inevitability for anyone familiar with his force of character and love of historical symbolism. Not only has he outlived most of his peers, eminent detractors and students, but he has also remained indefatigably active throughout his 90s.”

    Asked during a CBS interview in the leadup to his 100th birthday about those who view his conduct of foreign policy over the years as a kind of “criminality,” Kissinger was nothing but dismissive.

    “That’s a reflection of their ignorance,” Kissinger said. “It wasn’t conceived that way. It wasn’t conducted that way.”

    Tributes for Kissinger from prominent U.S. officials poured immediately upon word of his death. Former President George W. Bush said the U.S. “lost one of the most dependable and distinctive voices on foreign affairs” and former New York City Mayor Michael Bloomberg said Kissinger was “endlessly generous with the wisdom gained over the course of an extraordinary life.”

    Kissinger’s consulting firm said he died at his home in Connecticut.

    Kissinger was a practitioner of realpolitik — using diplomacy to achieve practical objectives rather than advance lofty ideals. Supporters said his pragmatic bent served U.S. interests; critics saw a Machiavellian approach that ran counter to democratic ideals.

    He was castigated for authorizing telephone wiretaps of reporters and his own National Security Council staff to plug news leaks in Nixon’s White House. He was denounced on college campuses for the bombing and allied invasion of Cambodia in April 1970, intended to destroy North Vietnamese supply lines to communist forces in South Vietnam.

    That “incursion,” as Nixon and Kissinger called it, was blamed by some for contributing to Cambodia’s fall into the hands of Khmer Rouge insurgents who later slaughtered some 2 million Cambodians.

    Kissinger, for his part, made it his mission to debunk what he referred to in 2007 as a “prevalent myth” — that he and Nixon had settled in 1972 for peace terms that had been available in 1969 and thus had needlessly prolonged the Vietnam War at the cost of tens of thousands of American lives.

    He insisted that the only way to speed up the withdrawal would have been to agree to Hanoi’s demands that the U.S. overthrow the South Vietnamese government and replace it with communist-dominated leadership.

    Pudgy and messy, Kissinger incongruously acquired a reputation as a ladies’ man in the staid Nixon administration. Kissinger, who had divorced his first wife in 1964, called women “a diversion, a hobby.” Jill St. John was a frequent companion. But it turned out his real love interest was Nancy Maginnes, a researcher for Nelson Rockefeller whom he married in 1974.

    In a 1972 poll of Playboy Club Bunnies, the man dubbed “Super-K” by Newsweek finished first as “the man I would most like to go out on a date with.”

    Kissinger’s explanation: “Power is the ultimate aphrodisiac.”

    Yet Kissinger was reviled by many Americans for his conduct of wartime diplomacy. He was still a lightning rod decades later: In 2015, an appearance by the 91-year-old Kissinger before the Senate Armed Services Committee was disrupted by protesters demanding his arrest for war crimes and calling out his actions in Southeast Asia, Chile and beyond.

    Heinz Alfred Kissinger was born in the Bavarian city of Fuerth on May 27, 1923, the son of a schoolteacher. His family left Nazi Germany in 1938 and settled in Manhattan, where Heinz changed his name to Henry.

    Kissinger had two children, Elizabeth and David, from his first marriage.

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  • Why do people keep suing celebrities like Ronaldo and Tom Brady over crypto losses?

    Why do people keep suing celebrities like Ronaldo and Tom Brady over crypto losses?

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    Ever since the collapse of crypto currencies last year, the lawsuits have been flying.

    But a series of class-action suits targeting celebrity endorsers of crypto exchanges like FTX and Binance have been piling up in federal court in Miami, all filed by the same group of south Florida lawyers.

    The latest suit names global soccer superstar Cristiano Ronaldo for allegedly promoting “the mass solicitation of investments in unregistered securities” sold by Binance, the crypto exchange that was hit with a $4 billion fine last week after pleading guilty to violating the bank secrecy act.

    The suit was filed in federal court in the southern district of Florida this week and centered around Ronaldo’s role in a global marketing campaign launched in 2022 for a series of Binance NFTs — or non-fungible tokens, a form of blockchain-backed art works that were, for a brief time, wildly popular.

    A representative for Ronaldo didn’t immediately respond to a message seeking comment.

    The filing against Ronaldo on Monday came alongside similar class action suits naming Major League Baseball, Formula 1 racing, Mercedes Benz and the advertising giants Dentsu and Wasserman, who created much of FTX’s global promotion campaign.

    Messages left with representatives for MLB, Formula 1, Mercedes Benz, Dentsu and Wasserman weren’t immediately returned.

    Those suits are the latest in a series of similar class action suits starting last year against celebrity endorsers of failed crypto exchanges such as Voyager and FTX, in which customers lost billions of dollars in deposits.

    Over the past 18 months, a group of south Florida lawyers led by Adam Moskowitz have brought the suits on behalf of investors who lost money in last year’s crypto collapse, against paid celebrity endorsers including Shaquille O’Neal, Mark Cuban, Tom Brady, Gisele Bundchen, Shohei Ohtani, Larry David, Steph Curry and Naomi Osaka.

    “All of these celebrities were paid hundreds of millions of dollars taken directly from customer deposits,” Moskowitz said in a statement. “Some of the most famous and wealthiest groups in the world may now be held responsible for the dramatic $20 billion dollar crypto collapse and biggest financial scandals in U.S. history.”    

    Moskowitz, who has been joined in the suits by lawyers with the firms Mark Migdal & Hayden and Boies Schiller and Flexner, headed by famed litigator David Boies, is seeking at least $5 billion in damages from those who helped promote the crypto exchanges. 

    The cases from last year are ongoing and each of the celebrities named have been fighting the suits in court. 

    Moskowitz, who specializes in class-action lawsuits, says issues revolving around crypto first got his attention more than two years ago, before the entire market crashed, when he came to believe that the special tokens each exchange was minting amounted to an unregistered security.

    He first filed a lawsuit against Voyager early last year, before the exchange collapsed and the Securities and Exchange Commission began filing suits against many in the industry accusing them of dealing in unregistered securities.

    “Right then what we were doing started to gain traction,” he said.

    A series of favorable court rulings have allowed his cases to gain steam, he said, and has allowed to him to take the lead in such actions.

    In another class action suit filed earlier this year, Moskowitz and his partners sued a group of YouTube financial influencers for their role in promoting FTX, accusing them of taking cash for uncritically singing the exchange’s praises.

    Moskowitz said several of those suits have been settled but that others have continued. 

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  • Apple scotches credit-card partnership with Goldman Sachs: report

    Apple scotches credit-card partnership with Goldman Sachs: report

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    Apple Inc. AAPL is calling it quits on its credit-card partnership with Goldman Sachs Group Inc. GS, ending the Wall Street bank’s push into consumer lending, according to a Wall Street Journal report Tuesday. The iPhone maker sent a proposal to Goldman to leave the contract within 15 months, according to people briefed on the matter. The exit would cover the companies’ consumer partnership, which includes the credit card the companies launched in 2019 and the savings account rolled out in 2023. It is unclear if Apple has lined up a new issuer for the card.

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  • Dow Jones ends about 80 points higher as U.S. bond yields keep falling

    Dow Jones ends about 80 points higher as U.S. bond yields keep falling

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    U.S. stocks posted modest gains on Tuesday, resuming a strong rally in November that has been propelled by tumbling U.S. bond yields. The Dow Jones Industrial Average DJIA closed up about 83 points, or 0.2%, ending near 35,416, according to preliminary FactSet data. The S&P 500 index SPX was 0.1% higher, while the Nasdaq Composite Index COMP closed up 0.3%. Equity investors were emboldened after Fed Governor Christopher Waller said on Tuesday that a cooling economy could help bring inflation down to the central bank’s 2% yearly target, even though he also said it’s unclear if more interest rate hikes were warranted. The…

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  • Elevator drops 650 feet at a platinum mine in South Africa, killing 11 workers and injuring 75

    Elevator drops 650 feet at a platinum mine in South Africa, killing 11 workers and injuring 75

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    JOHANNESBURG (AP) — An elevator suddenly dropped around 200 meters (656 feet) while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75, the mine operator said Tuesday.

    It happened Monday evening at the end of the workers’ shift at a mine in the northern city of Rustenburg. The injured workers were hospitalized.

    Impala…

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  • Zscaler’s stock falls after earnings as company keeps billings outlook intact

    Zscaler’s stock falls after earnings as company keeps billings outlook intact

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    Zscaler Inc. topped expectations with its results for the latest quarter and its outlook for the ongoing one, but shares of the cybersecurity company were moving lower in Monday’s extended session as Zscaler declined to up its full-year billings forecast.

    Calculated billings for the fiscal first quarter came in at $457 million, up from $340 million a year prior, whereas analysts had been looking for $443 million. Despite showing upside in the latest quarter, Zscaler ZS kept its full-year forecast at $2.52 billion to $2.56…

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  • No, Jeff Bezos hasn’t been unloading Amazon stock

    No, Jeff Bezos hasn’t been unloading Amazon stock

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    A number of Amazon.com Inc. executives have disclosed sales of some of their Amazon stock holdings in recent weeks, but Jeff Bezos, the company’s executive chair and a mega-shareholder, was not among them.

    Despite some reports to the contrary, Bezos hasn’t disclosed any sales of Amazon shares AMZN for two years, but he has given some shares away to nonprofit organizations.

    There…

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  • New-home sales drop in October to much lower level than expected

    New-home sales drop in October to much lower level than expected

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    The numbers: U.S. new-home sales fell 5.6% to a seasonally adjusted annual rate of 679,000 in October, from a revised 719,000 in September, the government reported Monday. 

    Analysts polled by the Wall Street Journal had forecast new-home sales to occur at a seasonally adjusted annual rate of 725,000 in October.

    The data are often revised sharply….

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  • Stock market is gaining momentum. What that means for December and beyond.

    Stock market is gaining momentum. What that means for December and beyond.

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    Barring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end.

    “I think the market is set up for a strong final six weeks of 2023 and I would expect the market to build on that momentum into year-end,” said Michael Arone, chief investment strategist at State Street, in a phone interview.

    Drivers…

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  • Congress returns to face big to-do list: Israel and Ukraine aid, possible border or tax deals, and more

    Congress returns to face big to-do list: Israel and Ukraine aid, possible border or tax deals, and more

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    Both the House and Senate are due to get back to work this week after their Thanksgiving break, and lawmakers have a lot on their plates.

    A divided Washington put off the threat of a partial government shutdown until mid-January by enacting a short-term spending bill in mid-November, but the measure didn’t address President Joe Biden’s $106 billion funding request that includes wartime aid for Israel and Ukraine.

    So…

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  • Health of several key sectors, including the U.S. consumer, plus an outlook from Fed’s Powell on radar this coming week

    Health of several key sectors, including the U.S. consumer, plus an outlook from Fed’s Powell on radar this coming week

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    Recession fears are rising. Nothing beats fear better than good information and that’s what we will get this week. Investors and economists will get good insight into the mood of U.S. consumers and hear the last words of Federal Reserve Chair Jerome Powell ahead of the central bank’s next interest-rate meeting on Dec. 12-13.

    November consumer confidence

    Tuesday, 10:00 a.m. Eastern

    Economists surveyed by the Wall Street Journal expect that consumer’s view on the outlook have soured over the past few weeks. Geopolitical…

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  • Crypto bulls eye $40,000 as bitcoin’s next level as the coin refreshes yearly high

    Crypto bulls eye $40,000 as bitcoin’s next level as the coin refreshes yearly high

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    Crypto bulls are eyeing $40,000 as bitcoin’s next level, with the recent rally sending the crypto to a new high for the year, as the market shakes off the news that Binance’s co-founder Changpeng Zhao pleaded guilty on Tuesday to criminal charges related to violating U.S. anti-money-laundering laws, and stepped down as head of the company.

    The largest crypto BTCUSD on Friday rose to as high as $38,294, the loftiest level since May 2022, according to CoinDesk data. It climbed over 3% over the past 24 hours. 

    Bitcoin…

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  • Stocks score 4th straight weekly gain in holiday-shortened trading

    Stocks score 4th straight weekly gain in holiday-shortened trading

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    Stocks ended mostly higher in a subdued, abbreviated trading session Friday, with major indexes scoring a fourth straight weekly rise. Trading closed at 1 p.m. Eastern time after U.S. markets were closed Thursday for Thanksgiving Day. The Dow Jones Industrial Average DJIA rose around 117 points, or 0.3%, to close near 35,390, according to preliminary figures, while the S&P 500 SPX rose 0.1% to end near 4,559 and the Nasdaq Composite COMP edged down 0.1%. The Dow rose 1.3% for the week, while the S&P 500 gained 1% and the Nasdaq added 0.9%.

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  • Americans did a record amount of shopping on Thanksgiving. Here’s what they bought.

    Americans did a record amount of shopping on Thanksgiving. Here’s what they bought.

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    Americans opened both their mouths and their wallets on Thanksgiving, doing a record amount of shopping on the annual day of giving thanks.

    Consumers spent an all-time high of $5.6 billion shopping online on Nov. 23, up 5.5% compared with last year’s Thanksgiving, according to Adobe Analytics ADBE, which tracks ecommerce and mobile shopping.

    That’s…

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  • Here’s how the stock market has performed on Black Friday going back to 1990

    Here’s how the stock market has performed on Black Friday going back to 1990

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    Major U.S. stock indexes were struggling to make any big moves on Friday as traders returned from the Thanksgiving Day holiday, in line with holiday-shortened Black Friday trading sessions over more than three decades.

    U.S. stock exchanges are due to close at 1 p.m. Eastern time Friday, three hours earlier than usual. As the table below from Dow Jones Market Data shows, trading on the day after Thanksgiving has not tended to produce big moves.

    Not…

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  • Hamas releases first group of hostages under truce agreement with Israel

    Hamas releases first group of hostages under truce agreement with Israel

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    DEIR AL-BALAH, Gaza Strip (AP) — Hamas released the first batch of hostages under a ceasefire deal that began Friday, including 13 Israelis who have been held in the Gaza Strip since the militant group staged a raid on Israel nearly seven weeks ago, according to officials and media reports.

    Twelve Thai nationals were also released, according to Thai Prime Minister Srettha Thavisin.

    Dozens of Palestinian prisoners are expected to be freed by Israel.

    The ceasefire between Israel and Hamas began Friday, setting the stage for the exchange and allowing sorely needed aid to start flowing into Gaza.

    Don’t miss: A secret line of communication and a pivotal U.S. role: How the hostage-release deal evolved — and nearly fell apart — in final days

    There were no reports of fighting after the truce began. The deal offered some relief for Gaza’s 2.3 million people, who have endured weeks of Israeli bombardment and dwindling supplies of basic necessities, as well as for families in Israel worried about loved ones taken captive during Hamas’s Oct. 7 attack, which triggered the war.

    The truce raised hopes of eventually winding down the conflict, which has flattened vast swaths of Gaza, fueled a surge of violence in the occupied West Bank and stirred fears of a wider conflagration across the Middle East. Israel, however, has said it is determined to resume its massive offensive once the ceasefire ends.

    Under the deal, Gaza’s ruling Hamas group pledged to free at least 50 of the about 240 hostages it and other militants took in the Oct. 7 raid. In exchange, Hamas said Israel would free 150 Palestinian prisoners.

    It was not expected that captive Americans would be among those released late Friday afternoon, but the Biden White House said in a statement that it continued to work to ensure that U.S. nationals, including an Israeli-American girl who turns 4 on Friday, are among the initial 50.

    Both sides agreed to release women and children first, in stages starting Friday, and as planned 13 Israelis were released, according to Israeli media, citing security officials. An Israeli official, meanwhile, confirmed that the Thai captives left Gaza and were en route to a hospital in Israel.

    The official spoke on condition of anonymity because she was not authorized to discuss the releases with the media.

    Israel said the deal calls for the truce to be extended an extra day for every additional 10 hostages freed.

    Early in the day, ambulances were seen arriving at the Hatzerim air base in southern Israel, preparing for the release. Those freed will then be taken to hospitals for assessment and treatment, Israeli officials said.

    See: Ambulances positioned at Israeli military base ahead of Hamas hostage release

    Among the Israeli citizens freed some have a second nationality, according to a Hamas official who spoke on condition of anonymity because he was not authorized to discuss details with the media.

    Israel’s Justice Ministry published a list of 300 Palestinian prisoners eligible for release. Thirty-nine — 24 women, including some convicted of attempted murder for attacks on Israeli forces, and 15 teenagers jailed for offenses like throwing stones — were expected to be freed Friday, Palestinian authorities said.

    On Friday, the truce brought quiet after weeks in which Gaza saw heavy bombardment and artillery fire daily as well as street fighting as ground troops advanced through neighborhoods in the north. The last report of air-raid sirens in Israeli towns near the territory came shortly after the truce took effect.

    Not long after, four tankers with fuel and four with cooking gas entered the Gaza Strip from Egypt, Israel said.

    Israel has agreed to allow the delivery of 130,000 liters, or 34,340 gallons, of fuel per day during the truce — still only a small portion of Gaza’s estimated daily needs of more than 1 million liters.

    For most of the past seven weeks of war, Israel had barred the entry of fuel to Gaza, claiming it could be used by Hamas for military purposes — though it has occasionally allowed small amounts in.

    U.N. aid agencies pushed back against the claim, saying fuel deliveries were closely supervised and urgently needed to avert a humanitarian catastrophe since fuel is required to run generators that power water-treatment facilities, hospitals and other critical infrastructure.

    The Israeli military dropped leaflets over southern Gaza, warning hundreds of thousands of displaced Palestinians who sought refuge there not to return to their homes in the territory’s north, the focus of Israel’s ground offensive.

    Even though Israel warned that it would block such attempts, hundreds of Palestinians could be seen walking north Friday.

    Two were shot and killed by Israeli troops and another 11 were wounded. An Associated Press journalist saw the two bodies and the wounded as they arrived at a hospital.

    Sofian Abu Amer, who had fled Gaza City, said he decided to risk heading north to check on his home.

    “We don’t have enough clothes, food and drinks,” he said. “The situation is disastrous. It’s better for a person to die.”

    The hope is that “momentum” from the deal will lead to an “end to this violence,” said Majed al-Ansari, a spokesman for the Foreign Ministry of Qatar, which served as a mediator along with the United States and Egypt.

    But hours before it came into effect, Israeli Defense Minister Yoav Gallant was quoted telling troops that their respite would be short and that the war would resume with intensity and continue for at least two more months.

    Prime Minister Benjamin Netanyahu has also vowed to continue the war to destroy Hamas’s military capabilities, end its 16-year rule in Gaza and return all the hostages.

    Israel’s northern border with Lebanon was also quiet on Friday, a day after the militant Hezbollah group, an ally of Hamas, carried out the highest number of attacks in one day since fighting there began Oct. 8.

    Hezbollah is not a party to the ceasefire agreement but was widely expected to halt its attacks.

    The war erupted when several thousand Hamas militants stormed into southern Israel, killing at least 1,200 people, mostly civilians, and taking scores of hostages, including babies, women and older adults, as well as soldiers.

    The soldiers will only be released in exchange for all Palestinians imprisoned by Israel, according to the Islamic Jihad militant group, which is reportedly holding about 40 hostages.

    It is not clear how many of the hostages are currently serving in the military or whether the militants also consider reserve soldiers to be “military hostages.”

    According to the Palestinian Prisoners’ Club, an advocacy group, Israel is currently holding 7,200 Palestinians on security charges or convictions, including about 2,000 arrested since the start of the war.

    The Israeli offensive has killed more than 13,300 Palestinians, according to the Health Ministry in Hamas-ruled Gaza, which resumed its detailed count of casualties in Gaza after stopping for weeks because of the health system’s collapse in the north.

    The ministry says some 6,000 people have been reported missing, feared buried under rubble.

    The ministry does not differentiate between civilians and militants in its death tolls. Women and minors have consistently made up around two-thirds of the dead, though the new number was not broken down. The figure does not include updated numbers from hospitals in the north.

    Israel says it has killed thousands of Hamas fighters, without presenting evidence for its count.

    MarketWatch contributed.

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  • Why wealthy investors put $125 billion into this new type of private-equity fund last year

    Why wealthy investors put $125 billion into this new type of private-equity fund last year

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    Private-equity funds aimed at wealthy individuals continue to draw in fresh capital as the universe of alternative investments grows beyond its roots serving endowments, pension funds and other institutions, according to industry data.

    Registered funds that take investments from individuals and smaller institutions rose by about $125 billion in 2022 from the previous year to total assets under management (AUM) of $425 billion, according to data from private-equity investor and data provider Hamilton Lane Inc. HLNE.

    The…

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