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Stock market today: Wall Street drifts higher ahead of Fed

Published Wed, 26 Feb 2025 06:14:05 GMT

NEW YORK (AP) — Stocks are drifting higher in early trading ahead of what Wall Street hopes will be the last hike to interest rates for a long time. The S&P 500 was 0.2% higher in the early going Wednesday after slumping the prior day. The Dow was barely lower and the Nasdaq was up 0.2%. The spotlight is squarely on the Federal Reserve, which will announce its latest move to combat high inflation in the afternoon. The Fed is expected to raise its overnight rate again, to the highest level since 2007. More important is what clues the Fed gives about upcoming moves.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Wall Street pointed slightly higher Wednesday as markets digest more corporate earnings while waiting for a decision on interest rates by the Federal Reserve. Futures for the Dow Jones industrials ticked up 0.1% and the S&P 500 gained 0.3% before the bell. Shares in Europe rose while markets in Japan and China were closed Wednesday for holidays. As wor...

Colorado woman dead after plunge from Manhattan hotel roof: police sources

Published Wed, 26 Feb 2025 06:14:05 GMT

MANHATTAN, N.Y. (PIX11) — Police are investigating the death of a Colorado woman after she plunged from the roof of a Times Square hotel Tuesday night.The 20-year-old woman's body was discovered on some scaffolding below the OYO Hotel on West 47th Street in Manhattan around 10:30 p.m., according to the NYPD. It was unclear whether the woman fell or was pushed. Caught on camera: Thieves use rope to pull ATM out of bar Before her death, the victim was in a dispute with a 24-year-old man, identified by police as Tyler Griffen, inside their hotel room that spurred several 911 calls from concerned guests, police said. The pair also had a 1-year-old boy that was discovered in their room, according to police sources.Police sources described Griffen as emotionally disturbed, and said arriving officers had to use a Taser to subdue him. He was brought to Bellevue Hospital for an evaluation, police said. Griffen, from Littleton, Colorado, was charged with reckless endangerment and acting in...

What happens if you get a red light ticket in Denver?

Published Wed, 26 Feb 2025 06:14:05 GMT

DENVER (KDVR) -- Have you ever received a letter in the mail with a ticket for running a red light in Denver? You are not alone.The City of Denver said there are four red light cameras in the city, as well as five radar vans. These are the worst Denver intersections for red-light runners caught on camera Where are the red-light cameras in Denver?According to the City of Denver, here is where the red-light cameras are located:Eastbound 6th Avenue and Kalamath StreetEastbound 6th Avenue and Lincoln StreetWestbound 8th Avenue and Speer BoulevardNorthbound 36th Avenue and Quebec StreetHow much does a red-light photo ticket cost?The fine for a photo red light ticket is $75. However, you can also be ticketed if your front tires have completely crossed the white stop line. In that case, the ticket is $40. If your two rear tires have crossed the white stop line, you will receive a $75 fine. Denver’s oldest restaurant has been around for 130 years You will not receive any points against ...

Veal Meatballs with Puttanesca Sauce / La Fuga, Fort Lauderdale

Published Wed, 26 Feb 2025 06:14:05 GMT

The Chef: Michael MayerThe Restaurant: La Fuga, Fort LauderdaleThe Dish: Veal Meatballs with Puttanesca SauceIngredients:Veal Meatballs:2lb ground veal½ cup garlic cloves, minced2 cup shallots, minced¾ cup parsley, chopped4 Tbsp thyme, chopped6 Tbsp Calabrian pepper flakes, toasted and ground2 tsp cayenne4 Tbsp fennel seed, toasted3 cups of 2 day old sourdough bread, torn into small pieces1 ½ cup milk6 each eggs, beaten1 cup parmigiano reggiano, grated4 tsp kosher salt2 tsp fresh ground black pepperPuttanesca Sauce:¼ cup fresh garlic, minced1 ½ cup yellow onion, small dice¼ cup 50/50 blended oil2 cans San Marzano tomatoes, pulsed in robot coup, not pureed1/3 cup anchovies, minced2 Tbsp Calabrian pepper flakes2 Tbsp fresh oregano chopped2 Tbsp fresh basil chopped1 tsp fresh ground black pepper½ cup whole capers¼ cup capers, chopped1 cup Kalamata olives, rough chop¾ cup Italian mixed olives, rough chop2 cups waterMascarpone Polenta:2 cups whole milk3 cups water1 cup polenta1.5 cup mas...

Northern Ireland’s civil servants: It’s up to UK ministers, not us, to fix fiscal crisis

Published Wed, 26 Feb 2025 06:14:05 GMT

Northern Ireland’s senior civil servants told a parliamentary committee Wednesday it will be up to the British government, not themselves, to impose an estimated £800 million in spending cuts and tax hikes needed to balance the region’s debt-addled books.Their warning — the first in public by officials who normally keep their views away from public microphones — follows a trio of reports Tuesday from the Northern Ireland Fiscal Council identifying a range of possible measures to bring red ink under control at Stormont, where a Brexit-related walkout by the Democratic Unionists has put cross-community government on ice and left civil servants effectively running the show.The advisory body said Northern Ireland faced a 3.3 percent spending cut this year in real terms, taking account of inflation, unless more revenue could be found. One measure floated to balance the books includes the introduction of household water charges already levied elsewhere across the U.K.The head of the North...

NATO warns Russia could target undersea pipelines and cables

Published Wed, 26 Feb 2025 06:14:05 GMT

There is a “significant risk” Russia could target critical infrastructure in Europe or North America, including gas pipelines and internet cables, as part of its confrontation with the West over Ukraine, a senior NATO intelligence official warned.David Cattler, NATO’s assistant secretary general for intelligence and security, told reporters Russia was “actively mapping” the infrastructure of Ukraine’s allies both on land and on the seabed. Moscow’s military and civilian intelligence services had “considerable resources” that Vladimir Putin could deploy for surveillance of infrastructure, “including the use of civilian ships and so-called spy ships,” Cattler added.The threat posed to undersea gas pipelines that supply Europe was starkly exposed by the sabotage of the Nord Stream pipelines in the Baltic last September. Cattler said that undersea cables that carry 95 percent of internet traffic were also potentially at risk.“The Russians are more active than we’ve seen them...

Philadelphia 76ers center Joel Embiid named NBA’s 2022-23 MVP

Published Wed, 26 Feb 2025 06:14:05 GMT

(CNN) — Joel Embiid of the Philadelphia 76ers has been named the NBA’s Most Valuable Player for the 2022-23 season.Embiid beat out the Milwaukee Bucks’ Giannis Antetokounmpo and the Denver Nuggets’ Nikola Jokić in a battle between three of the NBA’s premier big men for the inaugural Michael Jordan trophy.Embiid averaged a league-high 33.1 points per game during the regular season to go along with 10.2 rebounds per game.This is the first career MVP award for Embiid, the first ever awarded to a player from Cameroon and just the second time for a player from Africa. This is also the fifth consecutive season that an international player has won the award.Embiid has missed the 76ers’ last two games with a knee injury and hasn’t played a game since April 20. 76ers’ coach Doc Rivers said Tuesday that Embiid is considered “doubtful” for Philadelphia’s Game 2 against the Boston Celtics in the Eastern Conference semif...

Olympic gold medalist Tori Bowie dies aged 32

Published Wed, 26 Feb 2025 06:14:05 GMT

(CNN) — American sprinter and long jumper Tori Bowie — a three-time Olympic medalist and a two-time world champion in track and field — has died, according to her agent, Kimberly Holland. Bowie was 32 years old.Holland told CNN on Wednesday that Bowie was found dead at home in Florida and that the cause of death is not known yet.“We’re devasted [sic] to share the very sad news that Tori Bowie has passed away,” an Instagram post from Bowie’s representation and Holland’s company, Icon Management Inc., said.“We’ve lost a client, dear friend, daughter and sister. Tori was a champion…a beacon of light that shined so bright! We’re truly heartbroken and our prayers are with the family, friends and everyone that loved her.”The post also added: “As the story continues to develop, we ask that you please respect our privacy.”USA Track and Field said on Twitter that it was ...

Manchester, NH police issue alert over multiple armed robberies involving Facebook Marketplace

Published Wed, 26 Feb 2025 06:14:05 GMT

Police in Manchester, New Hampshire, say their department is investigating multiple cases of armed robberies involving Facebook Marketplace.The Manchester Police Department said “a series of robberies” have been reported in the city over the last few months – all involving victims who thought they were buying smart phones via listings on Facebook, only to be robbed at gunpoint when attempting to receive the item offline.“The victim arrives at the pre-arranged meeting place, and multiple armed suspects described as younger, possibly teenagers, approach and rob them at gunpoint,” the department stated in a news release.The release did not state how many robberies had taken place, but noted that all cases were under investigation and that anyone with information is asked to call police at 603-668-8711.Authorities also advised the public to always view a seller/buyer’s profile before meeting up to complete a transaction and to not proceed if anything ...

Former Chicago Bears player Israel Idonije lists South Loop condo for $675,000

Published Wed, 26 Feb 2025 06:14:05 GMT

Former Chicago Bears defensive end Israel Idonije placed his three-bedroom, 2,300-square-foot condominium on the seventh floor of a 14-story loft building in the South Loop on the market on March 29 for $675,000.Born in Nigeria and raised in Manitoba, Idonije, 42, played for the Bears from 2003 until 2012. After his playing career ended, he settled in Chicago, working as an entrepreneur and running a foundation. One of his current projects is Athlitacomics, which delivers unique comic content, comic properties and related merchandise in the merged markets of comics and sports. He also is a part-owner of the Chicago Red Stars women’s soccer club, and he is the CEO and founder of Blessed Communion, a Chicago-based firm that produces communion cups.Idonije paid $705,000 in mid-2017 for the condo, which is in a building that was constructed in 2008. The 40-foot-wide unit, which consists of two combined units, has two bathrooms, a den, city and lake views, an open-concept living ar...