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Stock market today: Wall Street edges higher ahead of this week’s inflation report

Published Fri, 07 Feb 2025 04:47:05 GMT

NEW YORK (AP) — Stocks are edging higher in early trading as Wall Street waits for updates later in the week on inflation and corporate profits. The S&P 500 was up 0.2% early Tuesday and looks to be on track for another quiet day after a listless Monday. The Dow was up 164 points, or 0.5%, and the Nasdaq composite was up less than 0.1%. The week’s main event arrives Wednesday when the government offers the latest update on inflation in consumer prices. The hope on Wall Street is that a continued easing in inflation will convince the Federal Reserve to stop raising interest rates.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Wall Street ticked modestly higher early Tuesday ahead of new U.S. inflation data that will play a role in a decision by the Federal Reserve on interest rates when it meets later this month.Futures for the Dow Jones industrials rose 0.1% and the S&P 500 edged 0.2% higher before the opening bell.For the first time in more than a year, th...

Southbound surges of U.S. agents causing delays, ‘disarray’ at Canada-U.S. border

Published Fri, 07 Feb 2025 04:47:05 GMT

WASHINGTON — Members of Congress are growing concerned about what they say is a shortage of agents on the southern side of the Canada-U.S. border. New York Democrat Rep. Brian Higgins says Customs and Border Protection personnel are being temporarily reassigned to help fortify the U.S. border with Mexico. Higgins says as a result, busy points of entry along the Canada-U.S. border are seeing longer delays and unstaffed kiosks. He says that’s despite the fact that cross-border traffic between Ontario and New York is still only about 85 per cent of what it was before the COVID-19 pandemic. Republicans are also worried and several wrote to CBP last month to request details about staffing levels amid fears that illegal crossings are on the rise.A spokesman for Montana Rep. Matt Rosendale says the department has yet to respond to the request.This report by The Canadian Press was first published July 11, 2023.The Canadian Press

All 6 aboard helicopter carrying Mexican tourists are killed in a crash near Mount Everest in Nepal

Published Fri, 07 Feb 2025 04:47:05 GMT

KATHMANDU, Nepal (AP) — All six people on board a helicopter carrying Mexican tourists were killed when it crashed Tuesday near Mount Everest in Nepal, authorities said.The helicopter crashed in the Lamajura area. All the bodies were recovered and flown out of the area, said Basanta Bhattarai, the chief government administrator in the area.The five tourists were Mexican nationals and the pilot was Nepalese, the Civil Aviation Authority of Nepal said in a statement. The Mexicans included two men and three women.Two rescue helicopters were used to fly the bodies out of the crash site and then to the capital, Kathmandu. Doctors were expected to perform an autopsy before the bodies are handed over to relatives, or in case of foreigners, to embassy officials.The aircraft was returning to Kathmandu on Tuesday morning after bringing the tourists on a sightseeing trip to the world’s highest peak.It wasn’t clear what caused the crash. Weather conditions had caused the helicopter’...

A look at Luis Robert Jr.'s first Home Run Derby

Published Fri, 07 Feb 2025 04:47:05 GMT

SEATTLE — For the first time in six years, a White Sox player took part in one of the more celebrated events of Major League Baseball's All-Star Game.Luis Robert Jr. was able to put on a show for a few rounds at T-Moblie Park in the Home Run Derby, though his quest for a win in the event did come up short. The first-time All-Star was able to advance to the semifinals of the event before eventually falling to Randy Arozarena of the Rays, who subsequently was defeated by the Blue Jays Vladimir Guerrero Jr. in the final for the title.It was Robert's first appearance in the Home Run Derby and the first for the team since Todd Frazier participated in the event in 2016 in San Diego. (Photo by Tim Nwachukwu/Getty Images)As the No. 1 seed, Robert took on Adley Rutschman of the Orioles and watched the catcher hit 27 homers to start off his night. But the White Sox outfielder was able to beat him with 28 long balls, with his longest traveling 470 feet with an average distance of 426 feet. Tha...

Part of Clark Street downtown closed for outdoor dining through Halloween

Published Fri, 07 Feb 2025 04:47:05 GMT

CHICAGO — Part of Clark Street downtown is closed beginning Tuesday through Halloween due to the city's outdoor dining program.Clark Street between Grand and Kinzie will be closed to vehicle traffic. The move will allow more than a dozen restaurants to expand operations into the street for guests to dine outdoors.Restaurants will begin serving patrons Wednesday through Halloween, when the permit expires.East-west streets, including Grand Avenue, Illinois Street, Hubbard Street, and Kinzie Street, will remain open to vehicular traffic. A 15-foot pathway will run along the center of Clark Street for people walking and biking to enjoy the area and allow for emergency vehicle access. Top 5 Italian beef sandwiches in Chicago area — according to Chicagoans The outdoor dining program first came to Chicago during the pandemic. In June, this closure was approved by city council.

Trump lawyers ask to delay Mar-a-Lago documents trial

Published Fri, 07 Feb 2025 04:47:05 GMT

Former President Trump’s attorneys are asking a judge to delay his trial in the Mar-a-Lago documents case without setting a new start date.“The government’s request to begin a trial of this magnitude within six months of indictment is unreasonable, telling, and would result in a miscarriage of justice,” they wrote in the brief.“The Government appears to favor an expedited (and therefore cursory) approach to this case,” they added.The Justice Department has requested a Dec. 11 trial date. Judge Aileen Cannon had earlier set an initial August trial date, which the filing also asks her to withdraw.Trump’s team also argues the prosecution will hinder his efforts to run for office. Trump’s legal team was widely expected to pursue delays in the trial, but the late Monday filing outlines a plan to challenge what they argue are numerous complex legal issues that “will result in a dismissal of the indictment.”“The Court now presides over a prosecution advanced by the administration of a sitt...

Get a free Slurpee at 7-Eleven on Tuesday

Published Fri, 07 Feb 2025 04:47:05 GMT

ST. LOUIS (KTVI) – What's better than a Slurpee on a hot summer day? A free Slurpee on a hot summer day. Every year since 2002, 7-Eleven has offered a complimentary small Slurpee drink on July 11: the date that aligns with the chain's name (7/11). And on Tuesday, July 11, 2023, customers can once again enjoy their free small Slurpee at participating 7-Eleven, Speedway and Stripes locations.Previously known as "7-Eleven Day," the company started calling it "Slurpee Day" in 2022. The decision to rebrand was driven by customer feedback and the longstanding association between the event and the chain's signature frozen drink. Best brands running discounts on Prime Day The company, initially founded as the Southland Ice Company in Dallas, Texas, in 1927, underwent a transformation and rebranded as 7-Eleven in 1946. The name change was a reflection of the extended operating hours adopted by the stores, which opened from 7 a.m. to 11 p.m., seven days a week.7-Eleven is the nation's large...

OceanGate submersible offered for sale

Published Fri, 07 Feb 2025 04:47:05 GMT

(NewsNation) — An OceanGate submersible is listed for sale at a price of nearly $800,000 and the broker who's been trying to sell it for five years wants nothing to do with it.Yacht broker Steve Reoch has been trying to sell the $795,000 submersible for years and told Insider he no longer wants anything to do with the company.OceanGate found itself in the spotlight after the Titan submersible imploded on a dive to the Titanic, carrying five people aboard. Authorities launched a massive rescue mission before locating a debris field and determining the sub had suffered a catastrophic failure, killing all those on board. Moms microdose psychedelics to cope with stress Like the Titan, the Antipodes seats five people, but the similarities end there. Antipodes was originally built for Perry Submersibles and was owned by several others before being sold to OceanGate. It's able to dive to a depth of 1,000 feet, as compared to the nearly 13,000 feet needed to reach the wreck of the Titanic...

3 teens charged with murder after plan to egg home turns deadly, deputies say

Published Fri, 07 Feb 2025 04:47:05 GMT

SPALDING COUNTY, Ga. (WFLA) – Three Georgia teenagers were charged with murder after their plot to egg a home as part of an "ongoing lovers quarrel" went wrong. Deputies responded to a call of a "man down" in a Spalding County roadway on July 3, according to the Spalding County Sheriff's Office. When authorities arrived, they found the victim had been fatally shot. The sheriff's office identified him as Johnathan Gilbert. Former Bucs star was racing motorcyclist when car caught fire, witness tells trooper In a statement, Sheriff Darrell Dix alleged that three teenagers — Sydney Maughon, 18, Jeremy Munson, 18, and McKenzie Davenport, 19 — were planning to vandalize Gilbert's home by egging it when Gilbert saw them and went outside. "When Gilbert saw what they were doing to his residence, he came out of the house unarmed to confront them," the sheriff's office said. "The suspects ran back to the car, and as Gilbert approached them, Sydney Maughon, a backseat passenger in the car, p...

A national research program to find a cure for diabetes is set to expire soon, if Congress doesn't act

Published Fri, 07 Feb 2025 04:47:05 GMT

(KXAN) -- This week, lawmakers on Capitol Hill heard from 160 children and teens living with Type 1 diabetes (T1D).The group is asking Congress renew funding for the Special Diabetes Program, known as SDP, backed by the National Institute of Health.“The Special Diabetes Program was directly linked to the first ever disease modifying therapy for Type 1 diabetes that actually delays the onset of Type 1 for up to two years,” said Aaron Turner Phifer with the Juvenile Diabetes Research Foundation, or JDRF.“The program has gotten us closer than we've ever been to a cure,” said Turner Phifer. “The kids will be up on Capitol Hill advocating to their members of Congress to renew that program.”More than 1.4 million Americans live with Type 1 diabetes, according to the JDRF.Without Congressional action, the Special Diabetes Program will expire at the end of September.“We're very confident that Congress is going to extend this program. There's bipartisan support,” said Turner Phifer.