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Stock market today: Wall Street’s dismal August drags on with 3rd straight losing week

Published Wed, 26 Feb 2025 01:54:30 GMT

By STAN CHOE (AP Business Writer)NEW YORK (AP) — Wall Street limped to the finish line of its third losing week in a row on Friday.The S&P 500 barely budged as it ended the week with a loss of more than 2%, like other U.S. indexes. It edged down by 0.65, or less than 0.1%, to 4,369.71.The Dow Jones Industrial Average added 25.83 points, or 0.1%, to 34,500.66, and the Nasdaq composite slipped 26.16, or 0.2%, to 13,290.78.August has been rough for the stock market, which has given back more than a quarter of the S&P 500’s torrid gains for the year’s first seven months. That’s in part because a swift rise in yields has forced investors to reconsider whether stocks got too expensive, particularly after critics warned the market rose too far, too quickly. Stocks held a bit steadier Friday after yields eased a bit. After topping 4.30% a day before and nearing its highest level since 2007, the 10-year Treasury yield fell back to 4.24%.Stock markets elsewhe...

Summer softening: Colorado hiring goes on vacation in July

Published Wed, 26 Feb 2025 01:54:30 GMT

Colorado added a paltry 800 jobs between June and July, and job gains could have gone negative absent strong government hiring, mostly from schools working to get back toward pre-pandemic staffing levels, according to a monthly update from the Colorado Department of Labor and Employment. June job counts, initially estimated at 4,700, were revised lower by 2,900, bringing the total for the month to 1,800. Over the past year, the state has added 38,800 jobs on a seasonally-adjusted basis, equating to a 1.35% rate of job growth, one of the slowest in the country.“Given the slowdown in the U.S. labor market, it stands to reason that Colorado job growth would drop off accordingly; however, the magnitude of the decline in Colorado is surprising,” said Broomfield economist Gary Horvath. “It is frustrating to see how the Colorado labor market continues to underperform the United States.”The state’s unemployment rate ticked up from 2.8% in June to 2.9% in July, ...

Hemet police officer charged with assaulting woman during arrest

Published Wed, 26 Feb 2025 01:54:30 GMT

A Hemet police officer is facing charges after allegedly assaulting a woman during an arrest last month, authorities revealed Friday.Officer Jacob Hobson has been charged with assault with force likely to cause great bodily injury and two counts of assault by a peace officer under color of authority, according to the Hemet Police Department. He also faces sentencing enhancement allegations that the assault caused great bodily injury leading to a significant brain injury.The charges stem from an incident on July 23, when Hobson approached a group behind a gas station on the 1700 block of West Florida Avenue.He determined that a woman in the group had an outstanding feeling warrant and tried to take her into custody, police said.The woman initially resisted while Hobson tried to handcuff her and she was “seriously injured” as a result, police said.The department requested an investigation into the violent arrest by the Riverside County sheriff’s and district attorney’s offices.Hobson ...

Historic tropical storm watch issued as Hurricane Hilary approaches Southern California

Published Wed, 26 Feb 2025 01:54:30 GMT

For the first time in history, a tropical storm watch has been issued for portions of Southern California as Hurricane Hilary moves northward from the Pacific coast of Mexico.The Tropical Storm Watch went into effect Friday for areas of Los Angeles, Orange, Riverside, San Bernardino and San Diego counties. A full list of advisories can be found here. Storm advisories on Aug. 18, 2023, as Hurricane Hilary approaches Southern California. What is a Tropical Storm Watch?The National Weather Service says a Tropical Storm Watch means tropical-storm-force winds are possible somewhere within this area within the next 48 hours. To put that in perspective, peak winds from Hilary could reach 30-40 mph with gusts to 55 mph after making landfall. According to weather officials, Hilary's window for tropical storm-force winds is expected to be Sunday afternoon until early Monday morning. NWS has advised residents in these areas to plan for hazardous wind by preparing their properties ahead of time...

Elon Musk to remove blocking feature on X, aka Twitter

Published Wed, 26 Feb 2025 01:54:30 GMT

Elon Musk continues to make changes to X, formerly known as Twitter. On Friday, the CEO revealed he's removing the block feature on the platform. "Block is going to be deleted as a 'feature,' except for DMs," Musk wrote.Jack Dorsey, Twitter's founder, seemed to agree. He typed the 100 emoji and said "Mute only."Musk's reasoning for the move? He just doesn't get it. "It makes no sense," he continued.Elon Musk, CEO of Tesla Motors Inc., introduces the Model X car at the company's headquarters Sept. 29, 2015, in Fremont, California. (AP Photo/Marcio Jose Sanchez, File)He suggested users just mute the accounts they don't want to hear from. Per X's Help Center, "Blocking helps people in restricting specific accounts from contacting them, seeing their Tweets, and following them. If you have been blocked by another account on Twitter, you can still block other accounts (including any that have blocked you). If you visit the profile of an account that has blocked your account, you will see ...

The Best Online Stores for Whiskey, Whiskey Glasses and Other Barware

Published Wed, 26 Feb 2025 01:54:30 GMT

Crystal Imagery provides deep-etched barware with a 3D finish that traditional laser engraving methods can’t match. Crystal Imagery is a company that manufactures and customizes engraved glassware. It sells different, exquisite products such as whiskey glasses, beer mugs, wine glasses, and the likes. The glasses used in its production are all from high-quality crystal and are customized with beautiful phrases and patterns.Crystal Imagery’s products are well-crafted given their fantastic designs. They are durable and are also pegged at a considerable price given how personalized and gift-worthy they are.Customer reviews on the website are also impressive. Many buyers are quite satisfied with the product quality and the top-notch customer service.Some of its exquisite products on its website include:Whiskey glasses: These lead-free crystal glasses feature awesome engraved patterns and colorful phrases. If you have hangouts with friends, family or even formal hangouts, these Whis...

Live Hurricane Hilary tracker: How much rain, wind will California get?

Published Wed, 26 Feb 2025 01:54:30 GMT

As Hurricane Hilary barrels towards Southern California, millions of residents could soon be bracing for the region’s first tropical storm in more than 80 years.A hurricane watch has been declared in Baja, California, according to officials at the National Weather Service station in Monterey. And large portions of Southern California have also been placed on tropical storm watches — that means wind speeds may fall between 39 to 73 miles per hour.Hurricane Hilary is expected to transition from its peak strength as a category 4 hurricane with sustained windspeeds of 145 mph into a tropical storm before it sweeps through San Diego on Sunday at around 8 p.m.Tropical storms are exceedingly rare in California, National Weather Service officials say. The last one hit Southern California on Sep. 25, 1939.Flash floods warnings have been issued in large swaths of Southern California, though there is not enough precipitation in the core of the storm to categorize it as an atmospher...

Prosecutors charge suspect with attempted murder in shooting of San Jose police officer

Published Wed, 26 Feb 2025 01:54:30 GMT

SAN JOSE — The man who shot and seriously injured a San Jose police officer on Wednesday is facing a potential life sentence in prison, according to prosecutors.Gabriel Mario Carreras, 44, will be formally arraigned Friday afternoon at the Hall of Justice in San Jose, where he’ll face a felony charge for attempted murder of a police officer and various firearm assault charges, according to the Santa Clara County District Attorney’s Office.Prosecutors also detailed the major injuries to the officer for the first time since the incident, as she remained in critical but stable condition as of midday Friday.Carreras was arrested Tuesday following a standoff with police lasting roughly four hours at a residence west of downtown San Jose. Two officers responded to a family disturbance call at a condominium complex near Auzerais Avenue and Race Street around 7:51 a.m., after a pregnant woman who lives there called police and reported that her husband was drunk, tried to hit her...

Denuncian aumento en incidentes violentos en autobuses Ride On en Rockville

Published Wed, 26 Feb 2025 01:54:30 GMT

Pasajeros del sistema de transporte Ride On en Rockville, Maryland, denunciaron que con frecuencia personas bajo los efectos de alcohol o drogas generan problemas en los autobuses. Los usuarios con los que conversó Telemundo 44 describieron escenas de acoso, gritos, peleas y otros incidentes de violencia que aseguran son causados por personas intoxicadas tanto en paradas como dentro de los autobuses.“En una ocasión, miré a una persona mayor que venía con unas compras. Se montó a un bus y peleó con la persona del bus, lo golpeó con una de las bolsas de las compras al conductor”, explicó un pasajero que prefirió permanecer en el anonimato.Otras usuarias con las que conversamos indicaron que supuestamente cualquier gesto o acción puede desatar la ira de estas personas.“A una muchacha la golpearon acá y la comenzaron a seguir y ella pedía que la dejaran en paz”, señaló una de las pasajeras.“Yo creo que (los conductores) no hacen nada por temor”, agregó otra de la...

Harry Kane scores on Bundesliga debut as Bayern Munich starts with rout of Werder Bremen

Published Wed, 26 Feb 2025 01:54:30 GMT

BERLIN (AP) — Harry Kane scored one goal and set up another on his Bundesliga debut as Bayern Munich routed Werder Bremen 4-0 in the opening game of the season on Friday.Kane, who finally completed his protracted transfer from Tottenham the previous weekend, showed straight away why Bayern reportedly paid more than 100 million euros ($110 million) for the forward.Kane needed only three minutes to set Leroy Sané free for the opener, before he finally beat Bremen’s Jiří Pavlenka with a low shot in the 74th. A Bremen defender’s studs deflected the shot slightly inside the left post.The England captain went off shortly afterward with what looked like a cramp, one of three late changes by Bayern coach Thomas Tuchel.Substitute Thomas Müller set up Sané for the third goal in the final minute then Alphonso Davies set up Mathys Tel to complete the scoring in injury time.But it started with Kane dinking a clever ball forward into space from inside his own half to set Sané free to open the sco...