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Statistics Canada says household debt ratio down in Q1 as income grew

Published Wed, 26 Feb 2025 01:37:58 GMT

Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.The agency says household credit market debt as a proportion of household disposable income, on a seasonally adjusted basis, fell to 180.5 per cent in the second quarter compared with 184.2 per cent in the first quarter of the year.In other words, Statistics Canada says there was $1.81 in credit market debt for every dollar of household disposable income in the second quarter, down from $1.84 in the first three months of 2023.Meanwhile, the household debt service ratio, measured as total obligated payments of principal and interest on credit market debt as a proportion of household disposable income, was 14.79 per cent in the most recent quarter, down from 14.90 per cent in the first quarter, when it hit its highest point since 2019.The moves came as seasonally adjusted household credit ma...

WATCH: AJ Freund death, DCFS workers trial day 3

Published Wed, 26 Feb 2025 01:37:58 GMT

MCHENRY COUNTY, Ill. — The trial for two former Department of Children and Family Services (DCFS) workers accused of child endangerment enters its third day Wednesday.The multiple felony charges filed in Sept. 2020 against Andrew Polovin and Carlos Acosta stem from the April 2019 death of five-year-old Andrew “AJ” Freund of Crystal Lake. They are accused of having known Freund’s life was in danger four months earlier yet not taking action. Previous Coverage: Nearly 20 police reports can be used in AJ Freund DCFS trial The bench trial began on Monday with the McHenry County State’s Attorney providing an opening statement for the prosecution, and separate attorneys providing statements for each of the defendants. Tuesday's proceedings were occupied entirely by the state's fourth witness, Carol Ruzicka. Ruzicka is a retired DCFS regional administrator who testified for the prosecution as an expert in regard to DCFS procedures.Ruzicka will return to the stand Wednesday where the defen...

New COVID shots: 5 things to know after CDC’s approval 

Published Wed, 26 Feb 2025 01:37:58 GMT

Americans will be able to receive an updated COVID-19 vaccine as early as Wednesday after the Centers for Disease Control and Prevention (CDC) endorsed the shot for all Americans at least 6 months old. The new shots from Moderna and Pfizer-BioNTech will hit the market just as the U.S approaches the fall and winter respiratory virus season. They arrive along with new treatments to protect infants and older adults from respiratory syncytial virus (RSV).Here's what to know:The vaccine protects against current variantsLike all the other COVID-19 vaccines, the updated version is not designed to prevent infection completely but is meant to reduce the severity of symptoms and curb the risk of "long COVID."The updated shots were designed to target the XBB.1.5 variant, which was dominant when vaccine makers began to formulate and test a new version. That variant is no longer dominant and only accounts for about 3 percent of cases. But experts and administration officials have said the v...

Former Bears running back Tarik Cohen is back in the NFL

Published Wed, 26 Feb 2025 01:37:58 GMT

CHICAGO — After struggling with injuries the past three years, a former Bears draft pick will get the chance to restart his career in the National Football League.That opportunity for Tarik Cohen is going to come in his home state. Per numerous reports, the running back is signing with the Panthers' practice squad on Wednesday as they prepare for their Monday night home opener against the Saints in Charlotte. It will be the first time that Cohen, a Bunn, North Carolina native, has been with a team since the Bears released him in March 2022, when Ryan Poles took over as the Bears' general manager.This is the next step in the NFL comeback for the running back and kick returner who was the fourth round pick of the Bears in the 2017 NFL Draft. Cohen was a first team All-Pro and Pro Bowl punt returner in 2018 and signed a three-year, $17.25 million contract on September 20, 2020. ‘This one hurts’: Bears deal with blowout loss to open 2023 season But the problems started later that wee...

Peso Pluma receives death threats ahead of Tijuana concert, officials say

Published Wed, 26 Feb 2025 01:37:58 GMT

EL PASO, Texas (Border Report) -- The Jalisco cartel purportedly threatened singer Peso Pluma ahead of his performance next month in Tijuana.According to the Los Angeles Times and El Sol De Tijuana, and several news portals, three narcomantas -- threats written on cloth banners -- appeared early Tuesday in Tijuana, where the singer is scheduled to perform on Oct. 14 at Estadio Caliente as part of his "Doble P México Tour." Juarez won’t ban ‘narco-corridos’ at annual city fair The Tijuana newspaper reported that the city of Tijuana is investigating the cartel banners as the mayor and city officials consider canceling the concert out of safety concerns.One of the purported banners, images of which have been posted by Mexican news media and shared widely on social media, warns that if Peso Pluma performs it will be his final show. It is signed CJNG, short for Cartel Jalisco Nueva Generacion.Peso Pluma, whose real name is Hassan Emilio Kabande Laija, performed on Tuesday during the MT...

Seattle police officer recorded laughing, joking after pedestrian is fatally struck by cop car: 'She had limited value'

Published Wed, 26 Feb 2025 01:37:58 GMT

SEATTLE (AP) — A city watchdog agency is investigating after a body-worn camera captured one Seattle Police Department union leader joking with another following the death of a woman who was struck and killed by a police cruiser as she was crossing a street.Daniel Auderer, who is the vice president of the Seattle Police Officers Guild, responded to the Jan. 23 crash scene where another officer, Kevin Dave, struck and killed Jaahnavi Kandula, 23, in a crosswalk. Dave was driving 74 mph (119 kmh) on the way to an overdose call, and Auderer, a drug recognition expert, was assigned to evaluate whether Dave was impaired, The Seattle Times reported.Afterward, Auderer left his body-worn camera on as he called guild President Mike Solan to report what happened. In a recording released by the police department Monday, Auderer laughs and suggests that Kandula’s life had “limited value” and the city should “just write a check.”“Eleven thousand dollars. She was 26 anyway,” Auderer said, inaccur...

Dr. Murphy talks updated COVID-19 vaccines

Published Wed, 26 Feb 2025 01:37:58 GMT

Dr. Robert Murphy is a professor of infectious disease at Northwestern University’s Feinberg School of Medicine and is the executive director for The Institute for Global Health.Have a question for Dr. Murphy? Please submit any questions by sending a message on Facebook at @NUInstituteforGlobalHealth. You can also submit questions via email at [email protected]. 

Troy coffee shop opens second location in Albany

Published Wed, 26 Feb 2025 01:37:58 GMT

ALBANY, N.Y. (NEWS10) -- Jacob Alejandro, located at 274 River Street in Troy, has opened a second location in Albany. JA. Pequeño is located at 466 Madison Avenue in the former 3Fish Cafe space. Get the latest news, weather, and sports delivered right to your inbox! 3Fish Cafe closed in December 2020. Jacob Alejandro owners Alejandro and Jacob Griffin-Diaz had previously worked there and reached out to see if they could take over the space."Alejandro and I always knew we wanted a second shop," said Jacob. "The space is very special."Jacob describes JA. Pequeño as "a little taste of Jacob Alejandro," serving up "the best of the best." The JA. Pequeño has popular items from Jacob Alejandro including espresso, seasonal and cold brew drinks, as well as baked goods. Off the Beaten Path: Jacob Alejandro There's also a beautiful patio in the back, said Jacob, which makes it feel like you're not in Albany. JA. Pequeño is currently open Thursday through Monday from 6:30 a.m. to 2 p.m.,...

Vermonter arrested for DWI amid shoplifting investigation

Published Wed, 26 Feb 2025 01:37:58 GMT

QUEENSBURY, N.Y. (NEWS10) -- A West Rutland, Vermont woman was arrested after a shoplifting investigation found she drove to the store intoxicated, according to New York State Police. Bethany Russ, 24, faces several charges. Get the latest news, weather, and sports delivered right to your inbox! On Monday, September 4, troopers responded to the Queensbury Walmart around 2:34 p.m. for reports of a larceny in progress. Police say Russ was seen taking over $300 worth of merchandise from the store without paying for it. Troopers and Walmart loss prevention confronted Russ in the parking lot and were able to secure the stolen items. Amid their investigation, troopers say they observed signs of impairment and determined Russ drove drunk to the store. Essex County resident airlifted to hospital after crash While securing her car, troopers say they found more stolen merchandise worth over $100 from a nearby store. The merchandise was recovered.Charges:Aggravated driving while intoxicat...

Escaped Inmate Danelo Cavalcante captured, PA State Police say

Published Wed, 26 Feb 2025 01:37:58 GMT

CHESTER COUNTY, Pa (WPHL) -- The murderer who escaped from the Chester County Prison two weeks ago has now been captured. According to Pennsylvania State Police and reports from various sources, Danelo Cavalcante has been captured. Get the latest news, weather, and sports delivered right to your inbox! At 8:25 a.m. Pennsylvania State Police tweeted a statement saying Danelo Cavalcante was no longer on the loose. Police have scheduled a 9:30 a.m. press conference where details about Cavalcante's capture are expected to be released. Cavalcante was on the run for two weeks successfully evading PA State Police, FBI, U.S. Marshalls and hundreds of officers daily. As of Tuesday, police said 34-year-old Danelo Cavalcante was last spotted near the area of Ridge Road, Coventry Road, and Daisy Point Road in South Coventry Township. At 6:22 a.m. on Tuesday morning, Pennsylvania State Police sent out a 9-1-1 phone alert stating that the the Owen J Roberts School District will be closed toda...