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Stock market today: Asian shares are mostly lower in quiet trading ahead of Biden-Xi meeting

Published Wed, 26 Feb 2025 10:04:54 GMT

HONG KONG (AP) — Shares edged lower Monday in quiet trading in Asia ahead of a meeting this week between U.S. President Joe Biden and Chinese leader Xi Jinping. Tokyo advanced but other markets were little changed, edging lower. Oil prices fell.Biden and Xi are due to meet on the sidelines of the Asia Pacific Economic Cooperation summit this week amid hopes for improved ties between the two biggest economies. On Friday, Wall Street rose sharply to add to an already strong November, which is on track to be one of the market’s best months of the year. Expectations for an interest rate hike by the U.S. Federal Reserve in December, despite a report showing consumer inflation expectations on the rise.Tokyo’s Nikkei 225 added 0.5% to 32,742.00 and the Hang Seng in Hong Kong edged 0.1% higher to 17,227.10. The Shanghai Composite index slipped 0.1% to 3,035.95 and the Kospi in Seoul also fell 0.1%, to 2,408.37.Australia’s S&P/ASX 200 declined 0.1% to 6,972.20. On Wall Street...

Sen. Tim Scott of South Carolina says he is dropping out of the 2024 GOP presidential race

Published Wed, 26 Feb 2025 10:04:54 GMT

COLUMBIA, S.C. (AP) — Republican presidential candidate Tim Scott announced late Sunday that he was dropping out of the 2024 race, about two months before the start of voting in Iowa’s leadoff caucuses.The South Carolina senator, who entered the race in May with high hopes, made the surprise announcement on Fox News Channel’s “Sunday Night in America” with Trey Gowdy. The news was so abrupt that one campaign worker told The Associated Press that campaign staff found out Scott was dropping out by watching the show. The worker was not authorized to discuss the internal deliberations publicly and spoke on condition of anonymity.“I love America more today than I did on May 22,” Scott said Sunday. “But when I go back to Iowa, it will not be as a presidential candidate. I am suspending my campaign. I think the voters who are the most remarkable people on the planet have been really clear that they’re telling me, ‘Not now, Tim.’”Scott’s impending departure comes as he and the r...

DeRozan scores 29 points as Bulls beat Pistons 119-108

Published Wed, 26 Feb 2025 10:04:54 GMT

CHICAGO (AP) — DeMar DeRozan scored 29 points, Nikola Vucevic added 21 points and 12 rebounds and the Chicago Bulls beat the Detroit Pistons 119-108 on Sunday night.Zach LaVine added 19 points and Coby White had 16 for Chicago.Jaden Ivey stole a pass from Andre Drummond and went in for an uncontested layup to cut Chicago's lead to 94-91, but the Bulls responded with a free throw from Patrick Williams, a basket from Drummond and a jumper by DeRozan to put the Bulls up 99-91 with 7:34 left.Kevin Knox II, who signed a contract with the Pistons on Wednesday, keyed the Detroit offense with 18 points on 7-for-8 shooting. Isaiah Stewart finished with 17 points and 10 rebounds as Detroit lost its eighth straight. Read more: Latest Chicago news headlines Knox made his fourth consecutive 3 of the game to get the Pistons to 99-94 with 7:02 left. Vucevic's 3 answered Knox's . Knox missed his first shot of the game, a 3 that would've cut the Chicago lead to one. Ayo Dosunmu followed with a bas...

'Died doing what he loved': Dozens rally in honor of APD officer killed in hostage situation

Published Wed, 26 Feb 2025 10:04:54 GMT

AUSTIN (KXAN) — Support continued to pour in for Austin Police Officer Jorge Pastore, who died in the line of duty during a hostage situation Saturday. PREVIOUS: 4 dead, including APD officer and suspect, in south Austin Pastore was shot during a SWAT operation attempting to free hostages in a south Austin home. He died from his injuries at Dell Seton Medical Center. Another officer was also shot, but in stable condition, according to APD.'Died doing what he loved'Sunday evening, dozens gathered outside Austin City Hall to honor the fallen officer.Officer Jorge Pastore was killed while trying to rescue two people being held hostage in Austin, Texas, police said. (KXAN Photos/Sarah Al-Shaikh)"Jorge and his family have given more than we can pay," said community advocate Cleo Petricek. President of the Austin Police Association Michael Bullock shed some light into the type of person Pastore was. "Pastore had incredible love for his police family and a passion for this profession," B...

Dallas sends Wild off to Sweden with 8-3 loss, three-game losing streak

Published Wed, 26 Feb 2025 10:04:54 GMT

Riding a four-game losing streak early this month, the Wild fell behind the surging New York Rangers by three goals at Xcel Energy Center before rallying for a 5-4, shootout victory.And when they opened a three-game trip through New York with a 4-2 victory over the Islanders, it looked as if the Wild might have solved their problems.But it didn’t last long.Dallas scored on 5 of 8 power-play chances, the most ever surrendered by the Wild in a single game, to beat Minnesota 8-3 on Sunday at Xcel Energy Center, the Wild’s third straight loss, and the worst of what already has been a long season.“You know, we felt good a couple of games ago,” veteran wing Marcus Foligno said. “And now we’re kinda right back where it was.”Dallas took a quick 2-0 lead on a power-play goal by Joe Pavelski and a short-handed goal by Radek Faksa, and while Minnesota pulled within 2-1 and 3-2 on first-period goals by Brandon Duhaime and Vinni Lettieri, it never appeared the Wild were actually in it because th...

Mohawk Hudson Humane Society overfilled with dogs

Published Wed, 26 Feb 2025 10:04:54 GMT

MENANDS, N.Y. (NEWS10) -The Mohawk Hudson Humane Society is overwhelmed with dogs. At this time, the shelter can no longer accept animals from the public.CEO, Ashley Jeffrey Bouck, says a continued influx of animals from municipalities has put them in another tough spot. "Our Capital Region community came out in force over the summer when we were at this point. Many people opened up their homes and adopted, fostered, or donated. We are putting out the call for help once again." Get the latest news, weather, sports and entertainment delivered right to your inbox! There are currently 124 dogs at the shelter, not counting the 22 additional dogs in the care of foster families. Along with a "name-your-adoption-fee" promotion and donations, there are other ways to ease the burden."If you can’t adopt right now, think about maybe fostering. How great would it be to have an animal home for the holidays and for them to experience a holiday in a home versus our shelter," described Bouck. C...

Millstadt police bust accused 'fake cop'

Published Wed, 26 Feb 2025 10:04:54 GMT

MILLSTADT, Ill. – Police in Illinois say they’ve arrested someone impersonating law enforcement.Police shared that they’d been investigating and were able to stop a driver in a Ford Explorer with police equipment and fictitious plates. They said they took the driver into temporary custody and impounded the vehicle, and that the driver is in the process of facing charges.Millstadt police say the driver will face charges. We're still waiting to learn their name, what charges they'll face, or how long they were able to do this.Millstadt resident David Thornton said he’s surprised someone would think they could get away with this in a small town. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Breaking News SIGN UP NOW "You got to have some guts to do that, that's pretty crazy...

Franklin County man says state trying to reclaim $16K in unemployment

Published Wed, 26 Feb 2025 10:04:54 GMT

WASHINGTON, Mo. – Missouri is still trying to collect unemployment funds handed out during the pandemic. This time, a man from Washington, Missouri, contacted FOX 2 to spotlight his problem, shared by so many others still trying to recover from the COVID crisis.David Wilmoth is in the same boat as tens of thousands of Missourians. The state is demanding he repay thousands of unemployment dollars paid to him during the COVID pandemic. In his case, the state is asking for $16,000.Money he doesn’t have.“Well, I called you. And other than that, I cried a little bit,” Wilmoth said. “I didn't do anything wrong; I didn't lie to anyone; I didn't misrepresent myself; I just did what they asked me to do.”Wilmoth said he was laid off during the pandemic and received unemployment. But in an unusual move, he said his former employer came back to the unemployment office a year later and told officials that he wasn’t laid off of the car salesman job but that he quit. Close Th...

Women’s basketball: CU Buffs rally past Oklahoma State to remain unbeaten

Published Wed, 26 Feb 2025 10:04:54 GMT

Fast breakWhy the Buffs won: They battled through three tough quarters and dominated the fourth quarter, 30-16, by hitting the glass and cranking up the defense. They forced five turnovers in the final quarter, while draining 10-of-14 shots on offense.Three stars:1. CU’s Jaylyn Sherrod: The Buffs’ senior point guard was sensational, especially late, finishing with 16 points, nine assists and five steals.2. OSU’s Anna Great Asi: CU didn’t have an answer for her all day, as she finished with 25 points, including 6-for-10 from 3-point range. She also had four assists and three rebounds.3. CU’s Quay Miller: She got going late, sparking the rally. She finished with 13 points, 10 rebounds, two steals and two assists.Up next: Colorado will visit SMU on Saturday at 7 p.m. MT in its first true road game of the season.As good as the Colorado women’s basketball team was last year, there were a few times when the going would get tough and the Buffaloes wouldn’t.On Sunday, when it got tougher, s...

10 Freeway closure to impact thousands of commuters

Published Wed, 26 Feb 2025 10:04:54 GMT

Mayor Bass along with officials from the Los Angeles Unified School District, the Department of Transportation, Metro and the L.A. Fire Department updated the public Sunday on the massive fire that has indefinitely closed the 10 Freeway in downtown L.A. Officials said that they wanted to prepare the public for significant delays in the coming days weeks as all lanes within a two mile stretch of the I-10 downtown are closed until further notice. The blaze was first reported around 12:30 a.m. Saturday morning in a storage yard near East 14th and Alameda streets. Flames quickly spread to a neighboring storage yard and eventually engulfed the freeway overpass above. The fire was so hot that it melted some of the freeway’s steel guardrails and concrete pillars, fire officials said. It eventually spread to eight acres before being contained. Gov. Newsom declared a local state of emergency on Saturday, and on Sunday, it was announced that the freeway would remain closed...