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Stock market today: Wall Street drifts higher ahead of the final Federal Reserve meeting of the year

Published Wed, 26 Feb 2025 08:08:00 GMT

Stocks drifted higher in afternoon trading Monday on Wall Street ahead of the Federal Reserve’s last meeting of the year. The S&P 500 was up 0.3%. The benchmark index hit its highest level in 20 months on Friday. The Dow Jones Industrial Average rose 114 points, or 0.3%, to 36,363 as of 3:08 p.m. Eastern. The Nasdaq composite edged up 0.2%. The major stock indexes are on a six-week winning streak, with the S&P 500 up about 20% for the year and the Nasdaq up more than 37%. Macy’s jumped 19.8% following reports that an investor group is launching a bid to take the storied retailer private for $5.8 billion.Wall Street’s big focus this week will be updates on inflation at the consumer and wholesale levels, along with the Fed’s latest update on its interest rate policy.On Tuesday, the government will release its November report on consumer inflation. Analysts expect the report to show that inflation continued slowing to 3.1% from 3.2% in October. On Wednesday, t...

Steelers could be without star outside linebackers Watt and Highsmith against the Colts

Published Wed, 26 Feb 2025 08:08:00 GMT

PITTSBURGH (AP) — The Pittsburgh Steelers could be without star outside linebackers T.J. Watt and Alex Highsmith as they prepare for a pivotal visit to Indianapolis.Watt and Highsmith are both in the concussion protocol following a loss to New England last Thursday.Watt took a knee to the facemask from Patriots running back Ezekiel Elliott on the first play from scrimmage. The perennial All-Pro was slow to get up after the play, then went to the sideline briefly to be examined by team physicians. Watt returned for the end of the drive and then was examined by an independent neurologist shortly thereafter and cleared, playing with a tinted visor the rest of the way on a night he played 52 of Pittsburgh’s 57 defensive snaps.It wasn’t until Watt self-reported concussion-like symptoms when he arrived at the team’s facility on Friday that he was placed into concussion protocol.“I assumed that he was (checked) but again, you know, I’m managing the game,” Tomlin said Mond...

Police: 85-year-old man fatally stabbed 81-year-old wife inside Northwest DC apartment

Published Wed, 26 Feb 2025 08:08:00 GMT

An 85-year-old man has been arrested and charged with stabbing his wife to death over the weekend, according to D.C. police.Officers responded to a reported stabbing in an apartment in the 1300 block of Corcoran Street, Northwest, around 3:40 p.m. Sunday. Police said 81-year-old Sharron Hilda Schwartz was found by the front door of her apartment with a stab wound to the body and that her husband, 85-year-old Steven Schwartz, was found upstairs with “self-inflicted injuries.”Both were taken to the hospital, where Sharron Schwartz died. Steven Schwartz’s injuries were not life-threatening, according to police, and he was arrested and charged with second-degree murder while armed.Below is a map of where the stabbing happened:Source

Live updates | Israel says it’s ready to fight for months to defeat Hamas as deaths surpass 17,000

Published Wed, 26 Feb 2025 08:08:00 GMT

Israel said it is prepared to fight for months or longer to defeat Gaza’s Hamas rulers, as its ground offense intensifies with more airstrikes and artillery fire.Qatar, which has played a key mediating role, says efforts to stop the war and have all hostages released will continue, but a willingness to discuss a cease-fire is fading. Israel faces international outrage after its military offensive has killed more than 17,700 Palestinians in Gaza, around two-thirds of them women and children, according to the Hamas-controlled Health Ministry. About 90% of Gaza’s 2.3 million people have been displaced within the besieged territory, where U.N. agencies say there is no safe place to flee.The United States has provided vital support to Israel in recent days by vetoing a United Nations Security Council resolution calling for a cease-fire and pushing through an emergency sale of over $100 million worth of tank ammunition to Israel. The U.N. General Assembly plans to vote Tuesday on a ...

Denver QB Russell Wilson, singer Ciara welcome baby girl after Broncos win

Published Wed, 26 Feb 2025 08:08:00 GMT

DENVER (KDVR) -- At 9 pounds and 1 ounce, the newest member of the Broncos family is making waves just by existing.That's because Grammy Award-winning singer and songwriter Ciara and her husband, Denver Broncos quarterback Russell Wilson have announced the birth of their newest child, a girl: Amora Princess Wilson. Russell Wilson records longest touchdown pass this season Russell celebrated her birth on his X (formerly Twitter) page."2 wins in less than 24 hours!" he wrote.The couple's daughter shares Ciara's middle name, Princess.The Broncos won against the Chargers Sunday, 24-7, adding to the team's chance of making a playoff slot.Both parents told their new child in social media posts how much they love her. This is baby number three for the couple, but Ciara's fourth. She had her oldest child with her ex-fiance, Future. FOX31 Newsletters: Sign up to get Broncos, Nuggets, Rockies and more sports news The couple will have plenty of room for the new little one at their Cherry ...

Over 50% of all homes in these counties are vacation homes

Published Wed, 26 Feb 2025 08:08:00 GMT

DENVER (KDVR) -- Four counties in Colorado have more vacation homes than houses or apartments occupied year-round, according to U.S. Census Bureau Data.Statewide, only around 4% of all homes are classified as vacation homes, and the City and County of Denver had around 344,760 homes in it, with only around 1% -- or 2,946 -- being vacation homes. There are over 90,000 vacation homes in Colorado Counties with the highest rate of vacation homesAll of the counties on the list are located in the mountains.Grand County - 56% of homes (16,731 homes and 9,436 vacation homes)Hinsdale County - 59% of homes (1,406 homes and 835 vacation homes)Mineral County - 61% of homes (1,261 homes and 771 vacation homes)Summit County - 53% of homes (31,509 homes and 16,683 vacation homes)Two of the counties -- Hinsdale and Mineral counties -- had an estimated population of under 1,000 people as of 2022. These Colorado locations have the best chance for a white Christmas However, Grand and Summit counti...

Miami PD search for missing endangered elderly woman

Published Wed, 26 Feb 2025 08:08:00 GMT

The City of Miami Police Department Special Victims Unit is asking for the public’s assistance in locating a missing 74-year-old woman.Marie Josee Limousin was last seen in downtown Miami on Monday wearing a green sweater, white shirt, green pants and yellow shoes.She stands at 5 feet, 4 inches tall, weighs 130 lbs, has black hair and brown eyes.Anyone with information on Limousin’s whereabouts is asked to contact Detective E. Reiner or any on-duty Detective of the City of Miami Police Department’s Special Victims Unit at 305-603-6300, 305-579-6111 or [email protected].

1 injured after shooting at 7-Eleven in South Miami Dade; suspect at large

Published Wed, 26 Feb 2025 08:08:00 GMT

A 23-year old man was rushed to Jackson South after being shot in the parking lot of a 7-Eleven in south Miami Dade.Miami Dade police tells 7News that the young male was shot in the thigh and the calf. Police said the suspect is still at large. It remains unclear what led to the shooting. Please check back on WSVN.com and 7News for more details on this developing story.

Former Fox host Tucker Carlson is launching his own streaming network with interviews and commentary

Published Wed, 26 Feb 2025 08:08:00 GMT

NEW YORK (AP) — Ousted Fox News host Tucker Carlson is starting his own streaming service, promising to “tell the unadorned truth” to fans for $72 a year, he announced Monday.Commentary, interviews, Carlson-flavored news reports and documentaries, even an advice show will be offered on the Tucker Carlson Network, which is essentially staffed by the people who used to work for him at Fox.The new venture comes more than seven months after Fox abruptly fired Carlson, its most popular host. Fox never publicly explained the firing, and Carlson said on Monday that “it really is one of those mysteries that I’ll probably never get to the bottom of.”“I want to wake up and say to myself, ‘You can say whatever you want,’” Carlson said, announcing his streaming service on The Megyn Kelly Show, a podcast and radio show hosted by fellow Fox News refugee Kelly, who has remade her career as an independent commentator.“I’m going to do it without interference, period,” Carlson said. “I...

France’s interior minister offers to quit after crushing defeat on immigration bill

Published Wed, 26 Feb 2025 08:08:00 GMT

PARIS — French Interior Minister Gérald Darmanin offered to resign on Monday after his controversial immigration bill was rejected by the National Assembly, but President Emmanuel Macron refused to accept it.The rejection of the bill on the first day of debates in the lower house is a crushing defeat for the government, after over a year spent negotiating and fine-tuning its details. The legislation, which has already passed a vote in the Senate, aims to speed up the deportation of foreigners who have committed crimes on French soil and includes measures to legalize undocumented workers in some cases.Darmanin conceded a defeat for the government during an interview with the TF1 channel. “It’s a failure, of course, because I wanted to give police officers, gendarmes… and judges the tools to defeat illegal immigration,” he said.On Monday, Macron asked Darmanin to submit “new proposals to move forward by overcoming this blockage and obtaining an effective ...