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Wall Street drifts lower following weaker reports on economy

Published Fri, 27 Dec 2024 07:47:25 GMT

NEW YORK (AP) — Stocks are drifting lower on Wall Street Tuesday after two reports on the economy came in weaker than expected. The S&P 500 was 0.2% lower in morning trading. The Dow Jones Industrial Average was down by 112 points, or 0.3%, at 33,489, as of 10:40 a.m. Eastern time, while the Nasdaq composite was 0.2% lower. Investors are still split on whether the U.S. economy will fall into a recession and how badly corporate profits are set to fall. The biggest question remains what the Federal Reserve will do next with interest rates after hiking them furiously over the last year to get high inflation under control. The reports on job openings and factory orders released Tuesday may have heightened recession fears. But they may also give the Fed reason to hold rates steady at its next meeting in May for the first time in more than a year, offering a possible upside for markets.One report showed employers advertised 9.9 million job openings in February, a sharper fall-off than...

Trump indictment live coverage: Former president set to be arraigned in NY

Published Fri, 27 Dec 2024 07:47:25 GMT

NEW YORK (AP) — An extraordinary moment in U.S. history will unfold in a Manhattan courthouse on Tuesday: Former President Donald Trump, who faces multiple election-related investigations, will surrender and be arraigned on criminal charges stemming from 2016 hush money payments.The booking and appearance before Judge Juan Merchan should be relatively brief — though hardly routine — as Trump is fingerprinted, learns the charges against him and pleads, as expected, not guilty. Merchan has ruled that TV cameras won't be allowed in the courtroom.Trump, who was impeached twice by the U.S. House but was never convicted in the U.S. Senate, will become the first former president to face criminal charges. The nation's 45th commander-in-chief will be escorted from Trump Tower to the courthouse by the Secret Service and may have his mug shot taken.Protesters argue at the Collect Pond Park across the street from the Manhattan District Attorney's off...

‘Inseparable’ dog, goat duo find forever home

Published Fri, 27 Dec 2024 07:47:25 GMT

WAKE COUNTY, North Carolina (WSVN) – A pair of furry friends that went viral because of their unsuspected friendship have found their forever home. Cinnamon the goat and Felix the dog are practically inseparable: they play, sleep and eat together. That’s why the Wake County Animal Center in North Carolina was searching for a home where the two could live out their lives together. The Animal Center reached out to a long-time national rescue partner and a local foster family they’d previously worked with, and now, these four-legged friends have found their forever home at a farm, the Animal Center said in a news release. “I’m so excited they will be living their dream life in Johnston County with their new family,” said Shinica Thomas, chair, Wake County Board of Commissioners. “The Wake County Animal Center has a fantastic rescue network and they focused on the best solution for this pair after getting custody of them. This was the best outcome we could hope for...

Child, woman hospitalized after being struck by vehicle in Aventura

Published Fri, 27 Dec 2024 07:47:25 GMT

A child and and woman were transported to the hospital after being struck by a vehicle. Police arrived at the scene of the incident at 2750 NE 183rd St., Tuesday morning. According to police, the woman was pushing a baby stroller when she and the child were struck by a pickup truck. 7Skyforce hovered over the scene where the black pickup truck had police tape across it. The stroller was also seen near a sidewalk. The victims were transported as trauma alerts and were sent to an area hospital for treatment.Officials are investigating the incident. Please check back on WSVN.com and 7News for more details on this developing story

Jacinda Ardern is back — as ‘special envoy’ for anti-terror initiative

Published Fri, 27 Dec 2024 07:47:25 GMT

New Zealand Prime Minister Chris Hipkins has appointed his predecessor Jacinda Ardern as special envoy for the Christchurch Call, he announced Tuesday. “The newly created position will represent New Zealand’s continued commitment to push for greater protection online from terrorist and violent extremist content,” the New Zealand prime minister’s office said in a statement.The Christchurch Call is a nonbinding initiative led after the 2019 Christchurch terror attacks by Ardern and French President Emmanuel Macron, and aimed at curbing the spread of terrorist content on the internet. It’s backed by countries including the United States and Canada; tech giants such as Google and Meta are participants. Macron welcomed Ardern’s appointment. “My dear Jacinda Ardern, I am pleased that you will continue to work alongside us as Special Envoy for the Christchurch Call as we fight terrorist and violent extremist content online, and for an open, free and...

The barcode is turning 50, but who gets the credit for it is up for debate

Published Fri, 27 Dec 2024 07:47:25 GMT

(CNN) — Beep! The barcode, that rectangle of thick and thin parallel lines seen on seemingly every grocery product, package, prescription bottle and piece of luggage is turning 50 years old.Since its invention, the Universal Product Code has become the most prevalent tracking tool for products around the world. Billions of items are scanned every day in industries from airlines to pharmacies to movie theaters. The laser-powered technology behind UPCs has changed the retail industry in particular, making big-box stores, easy returns, global inventories and (unpopular) self check-outs possible.The barcode’s impact has been “revolutionary” said Neil Saunders, managing director of GlobalData. It’s “more efficient and cost-effective” for retailers to use them and they offer “flexibility in terms of pricing. There’s hardly any products now that don’t use a barcode for identification.”Who got there first?Of course,...

New Mass. law requires drivers to provide 4 ft. of space when passing ‘vulnerable road users’

Published Fri, 27 Dec 2024 07:47:25 GMT

A new law in Massachusetts requires drivers to provide at least four feet of space when passing “vulnerable road users.”This includes people walking and biking, roadside workers, and those using wheelchairs, motorizes scooters, skateboards, horse-drawn carriages, and farm equipment. Massachusetts is the 36th state to set a safe passing parameter of at least three feet.

Repeating radio signal leads astronomers to an Earth-size exoplanet

Published Fri, 27 Dec 2024 07:47:25 GMT

(CNN) — Astronomers have detected a repeating radio signal from an exoplanet and the star that it orbits, both located 12 light-years away from Earth. The signal suggests that the Earth-size planet may have a magnetic field and perhaps even an atmosphere.Earth’s magnetic field protects the planet’s atmosphere, which life needs to survive, by deflecting energetic particles and plasma that stream out from the sun. Finding atmospheres around planets located outside of our solar system could point to other worlds that potentially have the ability to support life.Scientists noticed strong radio waves coming from the star YZ Ceti and the rocky exoplanet that orbits it, called YZ Ceti b, during observations using the Karl G. Jansky Very Large Array of telescopes in New Mexico. The researchers believe the radio signal was created by interactions between the planet’s magnetic field and the star.A study detailing the findings was published Monday in the journal&nb...

Photos: Protesters gather outside of Trump Tower, DA’s office ahead of Trump’s arraignment

Published Fri, 27 Dec 2024 07:47:25 GMT

By Joanna Tavares | New York Daily NewsFormer President Donald Trump was indicted in the hush-money scheme investigation involving adult film actress Stormy Daniels on March 30. See the pro-Trump supporters and the anti-Trump demonstrators protest in front of the Manhattan District Attorney’s office and Trump Tower on April 4. History is set to be made Tuesday as Trump surrenders, marking the first time a former U.S. President is charged with a criminal offense.New York police officers take position outside of the Manhattan District Court in New York on April 4, 2023, ahead of the arrival of former American president Donald Trump. Donald Trump will make an unprecedented appearance before a New York judge on April 4, 2023 to answer criminal charges that threaten to throw the 2024 White House race into turmoil. (Photo by ED JONES/AFP via Getty Images)A Trump supporter (L) removes a banner from anti-Trump protesters outside the Manhattan Criminal Courthouse on April 04, 2023 in N...

Trump arraignment draws clashing protesters to Manhattan courthouse

Published Fri, 27 Dec 2024 07:47:25 GMT

By Harry Parker, Anna Gratzer, Chris Sommerfeldt, Ellen Moynihan and Larry McShane, New York Daily NewsThe protesters, like much of America, were divided Tuesday — quite literally.Law enforcement officers outside the Manhattan Supreme Court building where ex-President Donald Trump will stand as the first American commander-in-chief to face criminal charges separated his supporters and his critics with metal barricades in advance of his court appearance in New York.Supporters of former US president Donald Trump argue with opponents outside the Manhattan District Attorney’s office in New York City on April 4, 2023. – Donald Trump will make an unprecedented appearance before a New York judge on April 4, 2023 to answer criminal charges that threaten to throw the 2024 White House race into turmoil. (Photo by ANGELA WEISS/AFP via Getty Images)“Happy arraignment day,” said anti-Trump protester Julie DeLaurier, 66, of Brooklyn, as the crowd swelled. “Lock him up.”She was among t...