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After presidential race surprise, Argentine economy minister and right-wing populist look to runoff

Published Fri, 07 Feb 2025 10:28:07 GMT

BUENOS AIRES, Argentina (AP) — Argentina’s economy minister and the anti-establishment upstart he faces in a presidential runoff next month began competing Monday to shore up the moderate voters they need.Minister Sergio Massa earned almost seven points more than chainsaw-wielding economist and freshman lawmaker Javier Milei in Sunday’s vote. Most polls had shown Massa slightly trailing, as voters had been expected to punish him for triple-digit inflation that has eaten away at purchasing power and boosted poverty. On Nov. 19 they must choose between Massa, despite the economic deterioration that took place on his watch, or place their hopes in a a self-described anarcho-capitalist who promises a drastic shake-up of South America’s second-largest economy. Milei’s fiery rhetoric and radical proposals — like slashing subsidies that benefit a large swathe of the population and replacing the local currency with the dollar — galvanized die-hard supporters, but cost him ...

FMC, Ultra Clean fall; Textainer, EngageSmart rise, Monday, 10/23/2023

Published Fri, 07 Feb 2025 10:28:07 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Chevron Corp. (CVX), down $5.03 to $161.81The energy giant is buying rival Hess in an all-stock deal valued at $53 billion. FMC Corp. (FMC), down $8.31 to $58.64The agricultural sciences company sharply lowered its forecasts for third-quarter results, citing lower sales in Latin America.EngageSmart Inc. (ESMT), up $2.40 to $22.60The business software company agreed to be acquired by Vista Equity Partners for $23 a share in cash. Textainer Group Holdings Ltd. (TGH), up $15.13 to $49.28The company, which leases shipping containers, agreed to be acquired by investment firm Stonepeak for $50 a share in cash. Roivant Sciences Ltd. (ROIV), down 47 cents to $9.19Swiss pharma company Roche is buying Telavant, a developer of a drug for ulcerative colitis, from Roivant and Pfizer. Ultra Clean Holdings Inc. (UCTT), down $1.31 to $23.45The maker of subsystems for the semiconductor industry said it now expects...

Pilots on a regional passenger jet say a 3rd pilot in the cockpit tried to shut down the engines

Published Fri, 07 Feb 2025 10:28:07 GMT

FILE - Vehicles wait outside the international terminal at San Francisco International Airport in San Francisco on July 11, 2017. Two airliners aborted landings at San Francisco International Airport on May 19, 2023, after pilots spotted a Southwest Airlines jet taxiing across runways on which the other planes had been cleared to land. The Federal Aviation Administration said Thursday, May 25, that it reviewed the matter and determined that appropriate steps were taken to ensure safety. (AP Photo/Marcio Jose Sanchez, File)(AP/Marcio Jose Sanchez) FILE - Vehicles wait outside the international terminal at San Francisco International Airport in San Francisco on July 11, 2017. Two airliners aborted landings at San Francisco International Airport on May 19, 2023, afte...

Falcons find themselves in a most unusual position – first place in the NFC South

Published Fri, 07 Feb 2025 10:28:07 GMT

ATLANTA (AP) — First place.A strange place to be for the Atlanta Falcons.Yep, seven games into an up-and-down season, the Falcons hold the top spot in the NFC South.Never mind that it’s probably the weakest division in the NFL. Considering this team hasn’t had a winning season or made the playoffs since 2017, there were plenty of smiles after an ugly 16-13 victory over the Tampa Bay Buccaneers.“We’ll take it,” coach Arthur Smith said after his team improved to 4-3. “We know we’ve got work to do, but happy to get a win.”The Falcons pulled out the victory despite three fumbles by quarterback Desmond Ridder, which cost them at least one touchdown and probably another.“We certainly like to make it hard on ourselves,” Smith said. “But our guys make plays in big moments. We always feel like we got a shot, no matter what happens. It’s a resilient group.”WHAT’S WORKINGAn offseason spending spree directed largely toward the defense had paid big dividends.The Falcons a...

Helping a child with a down payment? Here are some things to know

Published Fri, 07 Feb 2025 10:28:07 GMT

The old adage, “Never lend money to friends or family,” is why personal finance advisers recommend any help parents give their adult children in their homebuying efforts be in the form of a gift.But be it a gift, or a loan, there are some things for both parents and their homebuying children to know.Two-in-five first-time homebuyers this year have received some financial assistance for their down payment, according to a LendingTree survey, mostly from parents, including 80% of Gen-Z buyers.For parents who can afford to help, deciding whether the assistance is a gift or a loan is a decision that is entirely a personal one that varies from family to family, based on trust, responsibility and ability to repay. Often, a gift is the better choice.“Because in that case, I think, it can help avoid some bad situations that can arise if someone is not paying you back. That said, if you can negotiate fair terms for a loan that’s not going to break anyone’s back o...

Stock market today: Wall Street drifts in mixed trading as yields swing in the bond market

Published Fri, 07 Feb 2025 10:28:07 GMT

NEW YORK (AP) — Wall Street is swinging a bit higher on Monday, continuing a monthslong run where it’s slavishly followed the cue of the bond market.The S&P 500 was up 0.5% in afternoon trading, coming off its worst week in a month. The Dow Jones Industrial Average was up 5 points, or less than 0.3%, as of 1:15 p.m. Eastern time, and the Nasdaq composite was 0.9% higher.Rapidly rising yields in the bond market have been pressuring stock prices since the summer, and they seemed set to climb further. Early Monday morning, the yield on the 10-year Treasury briefly topped 5.02% to touch its highest level since 2007. That helped to torpedo stocks, and the S&P 500 slumped as much as 0.8%.But the 10-year yield eventually eased back to 4.84%, down from with 4.91% late Friday, as oil prices tumbled to take some pressure off inflation. That relaxed the pressure on the stock market and helped send it to gains. Easier bond yields tend to most help stocks of companies promising big...

Pietro Fittipaldi hired to race IndyCar season for Rahal Letterman Lanigan

Published Fri, 07 Feb 2025 10:28:07 GMT

Rahal Letterman Lanigan on Monday hired Pietro Fittipaldi, the current reserve driver for the Haas Formula One team, to race its third car in the IndyCar Series next season.Fittipaldi, the Brazilian-American grandson of 1989 IndyCar champion and two-time Indy 500 winner Emerson Fittipaldi, has nine career starts in IndyCar but none since the 2021 season. He was in Austin, Texas, all weekend as Haas’ reserve driver.Fittipaldi will drive the No. 30 that had been piloted by Jack Harvey until his late-season release. RLL then used several different drivers in the car as it researched its options.Fittipaldi was not one of the drivers used by RLL in the No. 30.Bobby Rahal said he was impressed with Fittipaldi’s work in IndyCar while driving three races for Dale Coyne Racing in 2021. Fittipaldi qualified 13th for the Indianapolis 500 that year.“I have been impressed with the maturity and experience that he will now bring to our program,” Rahal said. “I look forward to see...

Savor the evening sunsets, daylight saving time is ending

Published Fri, 07 Feb 2025 10:28:07 GMT

DENVER (KDVR) — If you like to enjoy a little bit of sun after getting home from work, you might want to savor it while you can. Denver only has a little under two weeks before afternoon sunsets return.You can blame daylight saving time for that. Why Colorado isn't on permanent Daylight Saving Time yet Along with the chore of having to change all the clocks in your house for the second time this year, the end of DST on Nov. 5 will bring the first afternoon sunset of the season.When will the sun set before 6 p.m.?In a somewhat spooky turn of events, Oct. 31 is the first day the sun sets before 6 p.m., according to the National Oceanic and Atmospheric Administration solar calculator.However, that doesn't last long. Only five days later on Nov. 5, daylight saving time ends. And, because of the clock change, the sun technically sets an hour earlier at 4:54 p.m. Can daylight saving time affect your health? After that, the sun will set a few minutes earlier every day until early Decem...

Fresno man sentenced for cyberstalking Parkland victim’s father

Published Fri, 07 Feb 2025 10:28:07 GMT

A Fresno man has been sentenced for sending hundreds of messages to a local gun violence activist whose daughter was murdered during the 2018 mass shooting at Marjorie Stoneman Douglas High School. According to officials, 62-year-old James Catalano was sentenced to 12 months in prison following his guilty plea earlier this year to cyberstalking.Court records revealed that from approximately December 2021 through July 2022, Catalano flooded the father, whose name was not released, with a barrage of distressing messages in regards to the Valentine’s Day shooting. The messages, according to court records, graphically detailed the victim’s daughter’s death and centered around the topics of gun control and the victim’s anti-gun violence advocacy.

Orbán slams Brussels as a ‘bad contemporary parody’ of Soviet Union

Published Fri, 07 Feb 2025 10:28:07 GMT

Viktor Orbán compared Hungary’s EU membership to the Soviet occupation of his country during a speech on Monday commemorating the anniversary of Hungary’s 1956 uprising against Soviet rule.“Today, things pop up that remind us of the Soviet times. Yes, it happens that history repeats itself,” Orbán said in the city of Veszprem, local media reported. “Fortunately, what once was tragedy is now a comedy at best. Fortunately, Brussels is not Moscow. Moscow was a tragedy. Brussels is just a bad contemporary parody.”“We had to dance to the tune that Moscow whistled, Brussels whistles too, but we dance as we want to, and if we don’t want to, then we don’t dance,” Orbán added.The speech mirrors Orbán’s words from this time last year, when he suggested that the EU would end up like the Soviet Union. Last week, Orbán was pictured shaking hands with Russian President Vladimir Putin, the first photographed handshake between the Russian president and an EU ...