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Stock market today: Wall Street ticks up, near a 20-month high on hopes for easier interest rates

Published Wed, 26 Feb 2025 01:33:53 GMT

NEW YORK (AP) — Wall Street is hanging near its best level in 20 months Wednesday following the latest signals that pressure on inflation may be easing.The S&P 500 was 0.2% higher in morning trading. The Dow Jones Industrial Average was up 90 points, or 0.2%, at 36,214, as of 10:30 a.m. Eastern time, and approaching its record just below 36,800. The Nasdaq composite was 0.1% higher.Homebuilder Toll Brothers was helping to lead the market with a gain of 3.5% after it reported stronger profit for the latest quarter than analysts expected. It said demand from buyers has also remained solid so far in the current quarter, thanks in part to slightly easier rates available for mortgages.Mortgage rates have regressed as Treasury yields have dropped on hopes that the Federal Reserve may finally be finished with its barrage of hikes to interest rates, meant to get high inflation under control. Wall Street is betting the Fed’s next move will be to cut rates, possibly as early as March, whi...

Delusion, fantasy: Judges dismissed suits filed by Arlington man before his house exploded

Published Wed, 26 Feb 2025 01:33:53 GMT

Workers look at a home that exploded in Arlington, Virginia, on December 4 and rocked a neighborhood with a powerful blast, on December 5, 2023. Three police officers received minor injuries but were not taken to hospitals, the department said. (AFP via Getty Images/STEFANI REYNOLDS) Workers look at a home that exploded in Arlington, Virginia, on December 4 and rocked a neighborhood with a powerful blast, on December 5, 2023. Three police officers received minor injuries but were not taken to hospitals, the department said. (AFP via Getty Images/STEFANI REYNOLDS) As investigators work to understand what led to Monday’s explosion of a house in Arlington, Virginia, court records are shedding some light on it...

‘A master of storytelling’ — Reaction to the death of pioneering TV figure Norman Lear

Published Wed, 26 Feb 2025 01:33:53 GMT

A collection of reactions to the death of Norman Lear, the writer, director and producer who revolutionized prime time television, who died Tuesday night at 101.“I loved Norman Lear with all my heart. He was my second father. Sending my love to Lyn and the whole Lear family.” — Rob Reiner, via X, formerly Twitter.“A master of storytelling and a healer through his shows! He is what all of showbiz should be aspiring to. He is the consummate creative producer we have long abandoned in the industry.” — John Leguizamo, via X.“My Goat. What a life. Rest well, Norman Lear.” — Quinta Brunson, via X.“Anyone who ever had a chance to say something pointed or political in an American television entertainment owes Norman Lear their adoration and awe. He saw what was possible in that vacuous glowing box and, almost singularly, he made it so.” — David Simon, via X.Source

At tribal summit, Biden to sign order on funding, support Indigenous lacrosse team in 2028 Olympics

Published Wed, 26 Feb 2025 01:33:53 GMT

WASHINGTON (AP) — President Joe Biden will sign an executive order on Wednesday during a tribal nations summit that aims to make it easier for Native Americans to access federal funding and have greater autonomy over how to invest those funds and will throw his support behind a request to allow a confederacy to compete under its own flag in the 2028 Olympics.“Tribal nations still face unacceptable barriers to fully exercising their inherent sovereignty, and really too often that occurs because of the way we are administering federal funding programs,” said Neera Tanden, White House domestic policy adviser. Historically, Tanden said, federal policies attacked Native people’s rights to self-governance and caused lasting economic damage. The Biden administration is working to undo that damage, she said. The order in part creates a clearinghouse for Native American tribes to find and access federal funding, and it requests that federal agencies ensure that funding is accessible and equi...

Italy still hoping to have a home bobsled track for 2026 Winter Olympics

Published Wed, 26 Feb 2025 01:33:53 GMT

MILAN (AP) — Italy’s sports minister is “more than confident” that ice sliding events at the 2026 Winter Olympics will take place in Cortina d’Ampezzo, despite the IOC’s insistence that organizers should seek an existing venue outside the country.Organizers of the Milan-Cortina Olympics acknowledged in October that bobsled, luge and skeleton events were set to be raced in neighboring Austria or Switzerland after scrapping a delayed and increasingly costly plan to revive the storied and scenic Cortina sliding track.But the Italian government is keen for the 2026 Games not to become the first Winter Olympics to have events held outside the host nation and a scaled-down plan for renovating the Cortina track was discussed at a local organizing committee meeting on Wednesday.“We’ll look at it in the next few days with (finance minister Giancarlo) Giorgetti and we’ll unravel the knots, I’m more than confident,” Minister for Sport Andrea Abodi said when asked if sliding events ...

Deputies searching for suspect with 'violent tendencies' in Weld County

Published Wed, 26 Feb 2025 01:33:53 GMT

DENVER (KDVR) — Deputies in Weld County are asking residents to stay in their homes while they search for a suspect with "violent tendencies."The Weld County Sheriff's Office tweeted about the incident at 8:46 a.m. Wednesday. Deputies are in the area of Yosemite Drive and Badlands Court in the Hill N Park subdivision in Greeley. They are searching for a violent suspect. FOX31 Newsletters: Sign up to get breaking news sent to your inbox According to deputies, the suspect is described as:White male6 feet, 2 inches tallWeighs 170 lbs.Has long brown hairWearing a black jacket and black pantsDeputies are asking anyone who lives in the area to stay in their home and not leave their cars running unattended.If you see anything suspicious, you are asked to call 911 immediately. This is a developing story and will be updated as more information becomes available.

Watch: Funeral for fallen Cortez Sgt. Michael Moran

Published Wed, 26 Feb 2025 01:33:53 GMT

DENVER (KDVR) — Wednesday, Sgt. Michael Moran of the Cortez Police Department will be laid to rest. Moran served as a Marine for nine years before he joined the Cortez Police Department in 2012. He became a K-9 handler in 2016 and was most proud of his canine partner Otto, who retired in 2020 and died in October.He was shot and killed in the line of duty following a traffic stop in Cortez on Nov. 29. Polis orders flags to be lowered on Wednesday He leaves behind two daughters, friends and family.Gov. Jared Polis ordered all flags to be at half-staff on Wednesday from sunrise to sunset to honor the fallen sergeant on the day of his service. Funeral and procession plansAccording to the Cortez Police Department, a procession will begin at 8:20 a.m. and will travel east down Main Street, which will be closed.Those attending the procession are asked to stay on the sidewalk along Main Street between Chestnut Street and Harrison Street while law enforcement officers escort Moran's casket...

Shelter-in-place lifted for Parker neighborhood

Published Wed, 26 Feb 2025 01:33:53 GMT

DENVER (KDVR) — Schools and homes in a Parker neighborhood were under a shelter-in-place due to police activity. The Douglas County Sheriff's Office tweeted about the police activity at 8:53 a.m. Wednesday. They provided an update about an hour later that the shelter-in-place had been lifted and a person was taken into custody. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Deputies were investigating an apartment complex at Deer Horn Court in Parker. Southeast Christian School and a nearby daycare were on a secure perimeter as a precaution, but that has since been lifted.Deputies said there is no danger to the community.

WalletHub unveils top singles hotspots for 2024

Published Wed, 26 Feb 2025 01:33:53 GMT

If you’re on the quest for love, WalletHub has identified the go-to places in 2024. Topping the list is the vibrant city of Seattle, Washington, celebrated for its stellar combination of economic vitality, recreational options, and abundant dating opportunities. Following closely, Las Vegas takes the second spot, with the lively atmosphere and diverse entertainment scene contributing to its allure. Denver, Colorado, secures the third position, offering a perfect blend of urban charm and dating prospects.The fourth and fifth spots go to the Southern gems of Atlanta, Georgia, and Austin, Texas. These cities boast a winning formula that makes them stand out as ideal havens for singles seeking connection.For those in the city, Miami claims the 30th spot on the list, while Fort Lauderdale makes a solid entry at 56. Whether you prefer the Pacific Northwest allure or the glitz of Vegas, these cities offer promising possibilities for singles on the lookout for love in 2024.

Viral video sparks chicken mystery in Tampa: Are we witnessing a matrix glitch?

Published Wed, 26 Feb 2025 01:33:53 GMT

TAMPA, Fla. (WSVN) — A viral video has left internet users scratching their heads as chickens on a local farm were captured freezing simultaneously, leaving the owner questioning if she had stumbled upon a glitch in the matrix.Brianna Antionette, a newcomer to chicken raising, was left bewildered when all five of her chickens mysteriously froze and remained paralyzed for over two minutes. @brianna_antionette What in the world happened to the chickens🤯😵‍💫🫨 #viral #fyp ♬ original sound – ✨BRI✨ In the video, she can be heard saying, “Why are y’all not moving? Hello!”People took to the internet to weigh in with humorous theories, jokingly suggesting to “unplug and plug them back in” to fix the peculiar behavior. As Antionette called for her fiancé, the chickens unfroze, leaving both of them in shock.It was later revealed that the cause behind the unusual freeze was a more natural threat – a hawk perched in a nearby tree. Antionette’s ...