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Stock markets today: Global markets lower before US earnings

Published Wed, 26 Feb 2025 05:15:13 GMT

BEIJING (AP) — Global stocks and Wall Street futures declined Tuesday as investors awaited U.S. earnings reports and an update on economic growth.London and Frankfurt opened lower. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices were little-changed.Some 170 of the biggest U.S. companies including Microsoft and Amazon are due to report earnings this week. On Monday, Wall Street’s benchmark S&P 500 index gained 0.1% after Coca-Cola Co.’s quarterly profit was better than expected. Also this week, U.S. data are expected to show economic growth is slowing following interest rate hikes to cool stubbornly high inflation. France and Germany also are due to report economic growth after surveys showed factory activity weakening.If the economy cools, tech stocks will face a “difficult environment” maintaining high prices that have helped to buoy the market, Edward Moya of Oanda said in a report. He said stocks face “big risks” from corporate earnings and a battle in ...

President Joe Biden announces 2024 reelection bid

Published Wed, 26 Feb 2025 05:15:13 GMT

President Joe Biden on Tuesday formally announced that he is running for reelection in 2024, asking voters to give him more time to “finish the job” he began when he was sworn in to office and to set aside their concerns about extending the run of America’s oldest president for another four years.Biden, who would be 86 at the end of a second term, is betting his first-term legislative achievements and more than 50 years of experience in Washington will count for more than concerns over his age. He faces a smooth path to winning his party’s nomination, with no serious Democratic rivals. But he’s still set for a hard-fought struggle to retain the presidency in a bitterly divided nation.The announcement, in a three-minute video, comes on the four-year anniversary of when Biden declared for the White House in 2019, promising to heal the “soul of the nation” amid the turbulent presidency of Donald Trump — a goal that has remained elusive.“I said we are in a battle for the soul of America...

Horvat among NHL stars coming up small early in playoffs

Published Wed, 26 Feb 2025 05:15:13 GMT

Leon Draisaitl has been lighting it up for Edmonton, Mitch Marner is scoring for Toronto and Roope Hintz is leading the way for Dallas.They are among the top performers early in the NHL playoffs.Then there are some big stars around the league who have not yet made a mark. A week into the first round, Bo Horvat and Aleksander Barkov have combined for a goal and two assists with the Islanders and Panthers, respectively, each trailing their series three games to one. Edmonton starting goaltender Stuart Skinner got the hook before the Oilers could fall into the same hole against Los Angeles.Skinner may not get the chance to rebound right away if the Oilers’ net now belongs to Jack Campbell, but time is running short for other standouts to contribute.BO HORVAT, IslandersAfter scoring a short-handed goal with 2:03 left in a loss to Carolina that put the Islanders on the brink of elimination, Horvat did not even celebrate. New York’s big midseason trade acquisition had been hel...

Rodgers latest aging NFL star to join Jets late in career

Published Wed, 26 Feb 2025 05:15:13 GMT

FLORHAM PARK, N.J. (AP) — The trade of quarterback Aaron Rodgers from Green Bay to New York puts one of the greatest players in NFL history in a Jets uniform. Despite a 54-year Super Bowl drought and the league’s longest active streak without a playoff appearance (12 seasons), the Jets have acquired several Hall of Fame players over the years. Some had big impacts, while others simply made a pitstop in New York on their way to Canton. Here are some of the most notable players who joined the Jets late in their careers and ended up in the Pro Football Hall of Fame — mostly for their accomplishments elsewhere:QB BRETT FAVRE: After 17 NFL seasons, including 16 in Green Bay, the three-time MVP and one-time Super Bowl champion was traded to New York during training camp in 2008 for a conditional fourth-round draft pick. He got the Jets off to an 8-3 start before a shoulder injury affected his performance and New York missed the playoffs. Favre retired after his stint with the Jets before ...

Biden announces 2024 reelection bid

Published Wed, 26 Feb 2025 05:15:13 GMT

President Biden announced on Tuesday that he will run for reelection, ending months of speculation over whether he will seek another term.Biden, who turned 80 years old in November, announced his second bid after months of saying he intends to run and with questions lingering over whether his age and mental stamina would prevent him from holding the office again. Biden would be 82 at the start of a second term. He was the oldest president ever to be sworn-in when he took office in 2020.The White House suggested in January that a formal re-election announcement would come after Biden’s State of the Union address but had not signaled since a definitive time. Biden in recent weeks has hinted that he plans to run for reelection but left timing up in the air until reports surfaced late last week that his team was preparing to make the announcement via video on Tuesday.His campaign apparatus has slowly started to take shape. He's reportedly expected to name senior White House official Jul...

Key things to know about Danny Masterson's rape retrial

Published Wed, 26 Feb 2025 05:15:13 GMT

LOS ANGELES (AP) — Five months after a deadlocked jury led to a mistrial for actor Danny Masterson, the former star of “That '70s Show" is on trial again in a Los Angeles court. Masterson is accused of raping three women between 2001 and 2003. He could get 45 years in prison if convicted.Here are the key elements, characters and issues that will factor into the retrial.DIRECT DISCUSSION OF DRUGGINGA judge is now allowing the prosecution to say directly that Masterson drugged all three women before raping them, in what may be the biggest difference from the first trial. Previously, the drugging could only be implied when the women testified to feeling disoriented, losing memory and going unconscious to a degree that could not be explained by the alcohol they had consumed.In opening statements Monday, Deputy District Attorney Reinhold Mueller said all three women had consumed drinks Masterson had given them, and that the “evidence will show that they were drug...

Risk of large hail, isolated tornadoes later today

Published Wed, 26 Feb 2025 05:15:13 GMT

AUSTIN (KXAN) -- Our first of two severe weather threats is expected later today, with the second risk not too far behind.A tricky forecast will unfold this afternoon as a "capped" atmosphere may save some of us but break to leave others susceptible to strong storms.At this point in time, strong to severe storms are still possible for much of our area this afternoon and evening as a disturbance passing overhead, in combination with plenty of moisture and a dry line out west, will help trigger storm development.Slight risk (2 out of 5) for strong to severe storms Tuesday afternoon & eveningA cap in the atmosphere, acting as a lid on growing storms, could suppress storm development. However, most high-resolution models show this cap breaking along and east of I-35 resulting in a better chance of storms and showers.The cap in the atmosphere will determine whether storms will develop Tuesday afternoon/eveningIf the cap breaks and storms develop, large hail, isolated tornadoes and da...

Questions remain for flood reduction project in north Austin

Published Wed, 26 Feb 2025 05:15:13 GMT

AUSTIN (KXAN) -- Homeowners along Little Walnut Creek in north Austin are frustrated with a city of Austin project that was supposed to reduce the risk of flooding in their neighborhood after it was put on hold with no indication of resuming anytime soon. The homeowners, who live along Mearns Meadow Boulevard, had to evacuate their homes on April 20 after a severe storm brought heavy amounts of rainfall into the area. A storm culvert adjacent to the homes became clogged with dead trees and debris, leading to extreme flooding. Flood risk reduction project The city of Austin's public works department started the Little Walnut Creek Flood Risk Reduction project in the summer of 2021. The project is going to install an underground storm culvert that runs underneath Mearns Meadow Boulevard. The city said on its website the project would remove some homes from the floodplain. Scott Stephan, who lives on Mearns Meadow, said the city had already done some work underneath the street in front...

98.3 TRY Social Dilemma: Can I Request Wedding Guests Stay Till The End of the Reception? 

Published Wed, 26 Feb 2025 05:15:13 GMT

ALBANY, N.Y. (NEWS10) -- Today's 98.3 TRY Social Dilemma is about weddings. Here's the email:  Get the latest, news, weather, sports and community events delivered right to your inbox! Hi Jaime, I have a question about my wedding and I'm hoping you can help. My fiance and I were at a wedding reception recently and as the night went on, I noticed some guests beginning to leave early.... And then with only 30 minutes left in the reception, more people began grabbing their coats and heading out! I felt so bad for the couple. They must have felt like their big day was boring people......I find this to be totally rude. It's one thing if there's an emergency but super tacky if you're simply rushing to get home. We will soon be sending out invites to OUR wedding. Can you ask your listeners if they would find it rude if I included a request that guests stay for the entire reception?  We are spending so much time and money on this one day. I want to invite people who truly want to celebrat...

VSP: Vermont man arrested after crash reveals he was driving stolen car

Published Wed, 26 Feb 2025 05:15:13 GMT

RUTLAND, Vt. (NEWS10) -- A Burlington, Vermont, man was arrested after a car crash revealed he was driving a stolen car, according to the Vermont State Police. The man, identified as Brian Foy, faces charges for an aggravated domestic assault earlier in the evening, also according to Vermont State Police. Get the latest, news, weather, sports and community events delivered right to your inbox! On Monday, around 8:40 p.m., police responded to a car crash involving two cars on VT Rt 4a in West Rutland. Police say through an investigation, they found Foy was parked on the north shoulder facing eastbound when the other driver involved was traveling westbound and struck Foy. Foy was taken to Rutland Regional Medical Center before troopers arrived for non-life-threatening injuries. Police say through their investigation, they found the car Foy was driving was reported stolen out of Burlington several days earlier, and Foy had taken measures to conceal its identity. Vermont woman arr...