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Stock market today: US futures fall as yield on the 10-year Treasury reaches 5%

Published Fri, 01 Nov 2024 05:38:15 GMT

NEW YORK (AP) — U.S. stock market futures fell Monday morning, under pressure from higher interest rates and the risk of broader conflict in the Middle East.The yield on the 10-year Treasury was at 5% Monday, a level it hasn’t reached since 2007. Stocks have been struggling under the weight of the bond market since high yields make borrowing more expensive for everyone and slow the economy while dragging on prices for stocks and other investments. “Indeed, the trajectory of U.S. Treasurys is not merely a question; it is the only question for financial markets,” Stephen Innes of SPI Asset Management said in a commentary. “U.S. government bonds are the critical benchmark reference point against which virtually all other global assets are ultimately priced off.”The Federal Reserve raised its overnight interest rate rapidly hoping to quash high inflation, which has come down from its peak last summer. The yield on the 10-year Treasury has recently has been catching up to the Fed&#...

Alexandria-based group brings HBCU financial literacy competition to Gaylord National Harbor

Published Fri, 01 Nov 2024 05:38:15 GMT

It’s not the Super Bowl or the Rose Bowl — it’s the Financial Literacy Bowl.An Alexandria, Virginia-based group is offering students from Historically Black Colleges and Universities the chance to flex their financial literacy at the Annual Financial Literacy Leadership Conference beginning Tuesday at the Gaylord National Harbor in Maryland.New to this year’s conference — The Financial Literacy Bowl. Thirty-six HBCUs were given the opportunity to participate in the bowl based on what they were taught in the SFEPD Student Ambassadors Program, which trains college students in financial literacy.“We have colleges and universities competing with each other,” President and Founder of the Society for Financial Education and Professional Development Ted Daniels said.The finalists from Hampton University, Southern University and the Tuskegee Institute will compete on Tuesday, Oct. 24 in the Inaugural Financial Literacy Bowl.Daniels says they will be asked quest...

7-car crash closes Colfax near I-225

Published Fri, 01 Nov 2024 05:38:15 GMT

DENVER (KDVR) — Police are investigating a multi-car crash that shut down Colfax Avenue. Around 6:30 a.m. Monday, SkyFOX flew over a large scene on eastbound Colfax just east of Interstate 225. Several ambulances and fire trucks responded to the crash. Police investigating deadly crash on I-70 According to the Aurora Police Department, seven cars were involved in the crash. Five injuries were reported, including two people who were taken to the hospital with serious injuries and three others who had minor injuries. All lanes on eastbound Colfax are closed, for detours visit the Denver traffic page. Aurora Police said Colfax will be closed for several hours. FOX31's Courtney Fromm is on the way to the scene to learn more. This story will be updated as more information becomes available.

Police investigating deadly crash on I-70

Published Fri, 01 Nov 2024 05:38:15 GMT

DENVER (KDVR) — Police are investigating a deadly crash on Interstate 70 near Central Park Boulevard. Around 11:30 p.m. Sunday, the Denver Police Department tweeted about the crash that occurred between two drivers. According to officers, one person was taken to a local hospital with life-threatening injuries and was later pronounced dead. 19-year-old arrested for allegedly killing stepfather The crash had major impacts on traffic. Westbound I-70 was closed at Central Park Boulevard and continued to cause backups for those commuting early Monday morning. FOX31's Courtney Fromm was at the scene where police were pushing traffic onto U.S. 270. Fromm said the backup was about three to four miles long.Nearly seven hours later, westbound I-70 was reopened to traffic. Police have not released any information on the victim or any factors that may have led up to the crash.

The father of American teenage hostage freed by Hamas says she is 'doing very good'

Published Fri, 01 Nov 2024 05:38:15 GMT

EVANSTON, Ill. (AP) — The father of freed American teen hostage Natalie Raanan said Friday she’s doing well following two weeks in captivity after she and her mother were abducted in Israel by Hamas and held in Gaza. Uri Raanan of Illinois told The Associated Press that he spoke to his daughter Friday by telephone. “She’s doing good. She’s doing very good,” said Uri Raanan, who lives in the Chicago suburbs. “I’m in tears, and I feel very, very good.” The 71-year-old said he saw on the news earlier Friday that an American mother and daughter would be released by Hamas, and he spent the day hoping that meant his daughter and her mother, Judith Raanan. ‘No proof of life from Hamas’: Denver man’s family members taken hostage in Israel Knowing Natalie may be able to celebrate her 18th birthday next week at home with family and friends feels “wonderful. The best news,” her father said.Ben Raanan, Natalie's brother, said before her abduction he and his sister had spoken of getting matchi...

New ways to treat bladder cancer improve survival and shake up the standard of care, new studies show

Published Fri, 01 Nov 2024 05:38:15 GMT

(CNN) — A new combination of cancer medications appears to extend overall survival in patients with advanced bladder cancer more than the chemotherapies currently used as the standard of care.The research, being presented Sunday at this year’s European Society for Medical Oncology Congress in Madrid, suggests that a combination of the antibody drug enfortumab vedotin and the immunotherapy pembrolizumab, administered through IV infusions, cut the risk of disease progression or death by 55% in patients with advanced bladder cancer who hadn’t been treated before and whose cancer spread to other parts of the body — extending overall survival by a median of 31.5 months versus 16.1 months with standard chemotherapy.This is one of several new studies exploring ways to improve how bladder cancer is treated.“The problem with chemotherapy is although it works quite well initially, resistance occurs quickly, and the median survival for metastatic bladder cancer has been about a year,” said Dr....

ResortPass unlocks local luxury pools, spas and more with new app

Published Fri, 01 Nov 2024 05:38:15 GMT

Tired of the same old stay-cation routine? An app called ResortPass is here to redefine your relaxation. It lets you bask in the lap of luxury, right in your hometown, without booking a room.ResortPass offers day passes granting access to top-notch amenities like stunning pools, private beaches, deluxe spas, and well-equipped gyms. Currently, it collaborates with hotels in Miami, New York, and Chicago, with expansion plans underway.With over 1,000 prestigious hotels and resorts in its roster, including renowned names like Ritz-Carlton, Four Seasons, Westin, and Fairmont, ResortPass ensures that you don’t have to travel far to experience the pinnacle of pampering. Over 1.6 million people have already hopped on board, redefining rest, togetherness, and escape, all in their neighborhood.

‘Video games are in for quite a trip’: How generative AI could radically reshape gaming

Published Fri, 01 Nov 2024 05:38:15 GMT

(CNN) — When you read “artificial intelligence,” you might think of new innovations such as Chat GPT, but AI has been used in video games since the 1950s.From Pacman’s trademark ghosts to autonomous decision-making in “The Sims,” AI is essential for things like creating adaptive characters and story lines.Now,the rapid development of generative AI is opening up a new frontier for video games: endless open worlds, unique content, autonomous characters, and the potential for faster game development.Act naturalGenerative AI – artificial intelligence that creates text, images and audio in response to a prompt – is set to shake up one of the signature components of video games: non-playable characters, known as NPCs. These characters typically have a set pattern of behavior, and their mannerisms and speech are often stilted and unnatural.“When we think about those NPCs, they look a bit weird,” says Alexis Rolland, development director of La Forge China, the Chinese branch of video games ...

Mother of 6-year-old killed in alleged anti-Muslim attack near Chicago released from hospital after being stabbed over a dozen times

Published Fri, 01 Nov 2024 05:38:15 GMT

(CNN) — A Chicago-area woman who was stabbed multiple times in an alleged anti-Muslim attack that left her 6-year-old son dead last week has been released from the hospital, according to the Council on American-Islamic Relations’ Chicago office.Hanaan Shahin, 32, lived with her son, Wadea Al Fayoume, in a rented house in Plainfield Township, Illinois, for two years before their landlord brutally attacked them on October 14, according to the Will County Sheriff’s Office.The family was “targeted by the suspect due to them being Muslim and the ongoing Middle Eastern conflict involving Hamas and the Israelis, the sheriff’s office said.Shahin told police she was able to get away by locking herself in the nearby bathroom, but was not able to get her son. While in there, she called police, according to a court filing. Shahin was rushed to the hospital with more than a dozen stab wounds, the sheriff’s office said.Wadea, who was stabbed 26 times, did not survive, according to authorities. Sh...

Billions of crabs went missing around Alaska. Scientists now know what happened to them

Published Fri, 01 Nov 2024 05:38:15 GMT

(CNN) — Billions of snow crabs have disappeared from the ocean around Alaska in recent years, and scientists now say they know why: Warmer ocean temperatures likely caused them to starve to death.The finding comes just days after the Alaska Department of Fish and Game announced the snow crab harvest season was canceled for the second year in a row, citing the overwhelming number of crabs missing from the typically frigid, treacherous waters of the Bering Sea.The study, published Thursday by scientists at the National Oceanic and Atmospheric Administration, found a significant link between recent marine heat waves in the eastern Bering Sea and the sudden disappearance of the snow crabs that began showing up in surveys in 2021.“When I received the 2021 data from the survey for the first time, my mind was just blown,” said Cody Szuwalski, lead author of the study and fishery biologist at NOAA. “Everybody was just kind of hoping and praying that that was an error in the survey and that ...