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Stock market today: Wall Street slips following mixed reports on US job market, Big Tech earnings

Published Wed, 26 Feb 2025 05:34:29 GMT

NEW YORK (AP) — Stocks are slipping Friday following mixed reports about the U.S. job market and profits at two of Wall Street’s most influential stocks.The S&P 500 was 0.4% lower in late trading and on track for a fourth straight loss. The Dow Jones Industrial Average also lost an earlier gain and was down 123 points, or 0.3%, at 35,02 with half an hour remaining in trading. The Nasdaq composite was 0.2% lower.Treasury yields dropped after a highly anticipated U.S. jobs report said hiring was a touch weaker last month than economists expected, though wages for workers rose more than forecast.The job market is in a precarious place, where investors want a reading that’s neither too hot nor too cold. On one hand, investors want it to remain strong enough to keep the economy out of a long-predicted recession. On the other, they don’t want wage growth in particular to be so strong that the Federal Reserve sees it putting upward pressure on inflation.Friday’s reading offered no slam...

Police seek suspect in violent car thefts in Peel and surrounding region

Published Wed, 26 Feb 2025 05:34:29 GMT

Peel police are searching for a 39-year-old man suspected of multiple car theft incidents in the region and throughout the province.Police say Calvin Peacock arranges for test drives of high-end vehicles listed for sale online and then attempts to steal the vehicles.Security footage of one incident back on May 15 in a parking lot in the Mayfield Road area of Caledon shows Peacock getting into the driver’s seat of a black vehicle and attempting to speed away, knocking two other individuals to the ground while crashing into at least one other car in the process. The two men attempt to prevent Peacock from leaving by smashing the driver’s side window before he ultimately flees the scene.“Peacock has driven stolen vehicles in an aggressive manner towards victims showing no concern for public safety,” police said in a release on Friday. “Peacock operates in the Region of Peel and in other jurisdictions throughout the province.”Police say Peacock is wan...

Fargo challenges new North Dakota law, seeking to keep local ban on home gun sales

Published Wed, 26 Feb 2025 05:34:29 GMT

Fargo is suing the state of North Dakota over a new law that bans zoning ordinances related to guns and ammunition, continuing a clash over local gun control.The state’s biggest city has an ordinance that bans people from selling guns and ammunition out of their homes. The Republican-controlled Legislature passed a law this year that limits cities and counties from regulating guns and ammunition. The law, which took effect Tuesday, also voids existing, related ordinances.The city’s lawsuit says the “stakes are much higher” and gets at whether the Legislature can “strip away” Fargo’s home rule powers. Fargo voters approved a home rule charter in 1970 that gave the city commission certain powers, including the power to zone public and private property.“As it relates to this present action, the North Dakota legislative assembly is upset that the City of Fargo has exercised its home rule powers to prohibit the residents of the City of Fargo – and no one els...

A ‘parking nightmare’ In Parkdale

Published Wed, 26 Feb 2025 05:34:29 GMT

It’s a daily battle for residents who live on or near King Street West in Toronto’s Parkdale neighbourhood to find a spot to park.David Brown, is one of them.“I live in an apartment complex that does not have parking.” He said. “Due to restrictions on King Street, that forces me to find a spot on one of the side streets.”Two big sides streets are Beatty Avenue and Dowling Avenue.“But open spots are taken by contractors and other vehicles that stay well past the permitted time and they go without a ticket,” Brown told us.“I am just noticing these things walking around my neighbourhood and it’s not my job.”He does that often — patrols the neighbourhood to find several cars illegally parked, taking up spaces he and others with permits need.“We’ve had vehicles parked here with expired permits for weeks and they never seem to get a ticket. Meanwhile, me and others with permits will get tickets no problem for minor issues, like parking inches from a no parking sign.”He took Ci...

FBI: Truck used to rip suburban ATM from the ground

Published Wed, 26 Feb 2025 05:34:29 GMT

WARRENVILLE, Ill. — A truck was used to rip up from the ground and steal an ATM early Thursday morning in Warrenville.Authorities believe the incident happened at around 3:45 a.m. at an Old Second National Bank branch, located at 3 S. 041 Route 59.The FBI said an unknown number of suspects attached a hook and chain to a stolen white truck to rip the ATM up from the ground.They then fled in a 2023 grey Ford Escape with the Illinois license plate number FP210466. ‘Asking for prayers’: Steve McMichael admitted to ICU amid ALS battle Members of the public can report tips at 312-421-6700 or via tips.fbi.gov.

RECALL: Baby monitors sold at Walmart, Toys 'R' Us pose fire risk

Published Wed, 26 Feb 2025 05:34:29 GMT

(The Hill) — Philips Avent is recalling more than 13,000 baby monitors because of lithium-ion batteries found to overheat when charging, the U.S. Consumer Product Safety Commission (CPSC) said Thursday. The CPSC reports the Philips Avent Digital Video Baby Monitor can pose a risk of burns and property damage because of the issue. Customers who have the monitors should immediately stop using them, according to the recall. DeSantis says 2020 election fraud theories ‘did not prove to be true’ Affected baby monitor models are SCD630 and SCD843, which were manufactured between March 2016 and December 2019, according to the CPSC. Model numbers and production date codes can be found on the bottom of the Parent Unit. The monitors and camera are white and Philips Avent is printed on the front.The Philips Avent Digital Video Baby Monitor can pose a risk of burns and property damage (Courtesy of Philips Avent via CPSC)The items were sold online by Toys "R" Us, Walmart, Jet and at Philips Ave...

'This is persecution': Trump pleads not guilty in 2020 election indictment

Published Wed, 26 Feb 2025 05:34:29 GMT

WASHINGTON (Nexstar) – Former President Donald Trump pleaded not guilty to federal conspiracy charges on Thursday that accuse him of trying to overturn the 2020 election.After his appearance in court, the former president spoke to reporters in Washington and insisted he's done nothing wrong and that this is a personal attack.“We can't let this happen in America,” Trump said after his arraignment. “This is a persecution of a political opponent.”Trump is accused of conspiring with his allies to brazenly lie about his 2020 election loss and overturn the results. So far, Trump is the only one charged and his legal team argues the indictment is personal and meant to block Trump's 2024 presidential bid.“This is not a coincidence; this is election interference at its finest against the leading candidate right now for president.” Trump’s attorney, Alina Habba, said.House Speaker Kevin McCarthy (R-CA) added, “every time Trump goes higher in the poll, he gets a new indictment.”Meanwhile, the ...

Two lots of Tydemy birth control pills are under recall. The FDA warns of 'reduced effectiveness'

Published Wed, 26 Feb 2025 05:34:29 GMT

NEW YORK (AP) — Federal regulators are warning consumers that now-recalled lots of the Tydemy birth control pill “may have reduced effectiveness” due to decreased levels of a key ingredient of the product. Lupin Pharmaceuticals, which manufactures Tydemy, notified customers on Saturday that it was voluntarily recalling two batches of the oral contraceptive — after one lot tested low for ascorbic acid. Inadequate ascorbic acid “could potentially impact the effectiveness” of the birth control, Lupin said in a company announcement published by the Food and Drug Administration, which could result in unexpected pregnancy. Even though the recall impacts just two batches of one brand, it’s important for people using birth control to check their stock and contact a health care provider if needed.Sign up for our Medical Watch newsletter. This daily update includes important information from WGN's Dina Bair and the Med Watch team including latest updates from health organizations, in-depth re...

Austin's 28-day streak of consecutive 100° days is the longest in recorded history

Published Wed, 26 Feb 2025 05:34:29 GMT

AUSTIN (KXAN) — Austin is currently experiencing the longest stretch of triple-digit heat in recorded history.Camp Mabry, Austin's official weather reporting site, has reached 100° or hotter every day since July 8.That means temperatures have reached the century mark for 28 days in a row. With records dating back to the 1890s, that's the the longest stretch of triple-digit temperatures ever recorded in Austin. MORE HEAT RECORDS: What is Austin's hottest month ever? The KXAN First Warning Weather team is currently forecasting at least seven more days at or above 100°, which would extend the streak past 30 days. How often does Austin hit 100°? Here’s a breakdown by date, month, year and decade The previous record of 27 days was set between July 17 and Aug. 12, 2011. That summer went on to have a record-breaking 90 days of triple-digit heat.Meanwhile, Austin-Bergstrom International Airport's streak of triple-digit days came to an end Thursday, July 27, with temperatures only reachi...

Opposing groups to have events on the importance of books at the Round Rock Public Library Saturday

Published Wed, 26 Feb 2025 05:34:29 GMT

WILLIAMSON COUNTY, Texas (KXAN) –  A conservative group from Williamson County is hosting an event Saturday at the Round Rock Public Library sponsored by Brave Books, a traditional and Christian values children's books organization. One Round Rock woman is hosting an additional event as a response.The founders of Brave Books started the organization to counter progressive books they say promote an “agenda to confuse and demoralize our children and make them hate their country and the values that it was founded upon,” according to the organization’s website. They’re sponsoring dozens of “See You at The Library” events around the country to “promote free speech in our libraries and schools,” according to its website. MORE: Texas tops list for most books pulled off shelf, report finds There are several of these events being held in Central Texas libraries, including one in Taylor, which will feature two well-known conservative figures – Brave Books author and Growing Pains actor...