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How major US stock indexes fared Monday, 8/21/2023

Published Wed, 26 Feb 2025 01:57:13 GMT

Wall Street closed mixed, holding a bit firmer following its three-week losing streak. The S&P 500 rose 0.7% Monday as gains for Tesla, Microsoft and other Big Tech stocks lifted the index. That’s even though the majority of stocks fell. The Dow fell 36 points, and the Nasdaq composite rose 1.6%. In the bond market, the 10-year Treasury yield touched its highest level since 2007. The week’s main event is likely to be a Friday speech by Federal Reserve Chair Jerome Powell. The Jackson Hole, Wyoming setting has been the site of major policy announcements in the past by the Fed. On Monday:The S&P 500 rose 30.06 points, or 0.7%, to 4,399.77.The Dow Jones Industrial Average fell 36.97 points, or 0.1%, to 34,463.69.The Nasdaq composite rose 206.81 points, or 1.6%, to 13,497.59.The Russell 2000 index of smaller companies fell 3.41 points, or 0.2%, to 1,856.01.For the year:The S&P 500 is up 560.27 points, or 14.6%.The Dow is up 1,316.44 points, or 4%.The Nasdaq is up 3,031.11 po...

American Sha’Carri Richardson caps comeback by winning wild 100 meters at worlds

Published Wed, 26 Feb 2025 01:57:13 GMT

BUDAPEST, Hungary (AP) — American Sha’Carri Richardson won the women’s 100-meter world title Monday, outsprinting a star-studded field to take a gold medal two years after a positive marijuana test derailed her Olympic dreams.Running on the far outside in Lane 9, Richardson finished in 10.65 seconds to match the year’s best time and set the world-championship record.She beat Jamaicans Shericka Jackson by .07 seconds and five-time champion Shelly-Ann Fraser-Pryce by .12.This was Richardson’s first major competition on the world stage and she was listed as a 5-1 underdog even though she came in as the American champion and bested Jackson the previous two times they met this year.Though it was clear she had finished ahead of all those runners to her left in the gold-medal race, the 23-year-old Richardson looked stunned when she crossed the line.She blew a kiss toward the sky, cast her eyes on that beautiful scoreboard and walked toward the stands in a daze to accept the Ame...

Coffee shop uses glass jars to reduce plastic waste

Published Wed, 26 Feb 2025 01:57:13 GMT

DENVER (KDVR) -- A coffee shop in the Five Points neighborhood is eliminating the guilt that comes with to-go drinks by offering glass jars in place of plastic cups for just a quarter.Hearth, located at 2500 Lawrence St., offers baked goods and drinks with coffee roasted by Denver-based sister brand Tablon Coffee. CU chemists say dissolving plastic with electricity could be future of recycling "We do have a dream that many local specialty coffee shops could join forces and accept jar returns from fellow shops further encouraging exploration and a reduction in waste," coffee director and roaster Kevin Mayberry told FOX31 in an email.Hearth is not alone in the effort. Mayberry said Unravel Coffee has been offering glass jars for a while now, and that gave him the confidence to pursue the idea.Mayberry said the positive response from the community has been overwhelming. While some prefer a more compostable option, particularly those traveling, he said they aren't confident that recyc...

Learn more about the 2-story sculpture new to Aurora Highlands

Published Wed, 26 Feb 2025 01:57:13 GMT

DENVER (KDVR) -- A two-story sculpture named "Umi" came to life on Saturday at Hogan Park in the Aurora Highlands neighborhood. Daniel Popper added the interactive exhibit as part of the Art in the Park program. Popper is a South African sculpture artist specializing in large, human-like sculptures made of wood, fiberglass and natural fibers. He focuses on the relationship between humans and nature. Umi, the new sculpture in Hogan Park. (Photo courtesy of Liz Kotalik) ‘South Park’ fan Ed Sheeran dines at Casa Bonita during Denver tour stop Umi was part of Popper's human nature exhibit, which includes five sculptures commissioned by The Morton Arboretum. Umi sat in Chicago this past year before moving to Denver permanently. She joined over 20 other installations in Hogan Park at Highlands Creek this weekend. According to Popper's Instagram, "Umi" means "life" in Swahili and "mother" in Arabic. According to the Aurora Highlands press release, it also means “ocean” in Japanese. Umi i...

Biden visits fire-ravaged Maui as search efforts continue, with more than 800 people still missing

Published Wed, 26 Feb 2025 01:57:13 GMT

(CNN) — President Joe Biden has arrived in fire-ravaged Maui to witness up close the devastation left by an inferno more than a week ago and assess for himself a government response that some residents initially found lacking.Monday’s trip brings Biden to the scene of the deadliest American wildfire in more than 100 years. His initial response to the Maui wildfires drew criticism earlier this month, mainly from Republicans, who seized upon a nearly five-day period of silence between Biden’s first comments about the fires to when he next publicly addressed the tragedy.With about 850 people still unaccounted for, according to Maui County Mayor Richard Bissen, the death toll which currently stands at least 114, is still expected to rise, as emergency responders and cadaver dogs search through the incinerated wasteland for victims. Biden is planning to name a senior federal emergency official to oversee long-term recovery efforts during his visit.The trip provides Biden with an opportun...

Boat fire erupts at Key Largo marina; No injuries reported

Published Wed, 26 Feb 2025 01:57:13 GMT

The Monroe County Sheriff’s Office responded to a boat fire that ignited early Monday morning at a marina in Key Largo. Fortunately, no injuries were reported in the incident.The blaze consumed a docked boat, measuring approximately 37 feet in length. The fire was reported around 12:40 a.m. at the Manatee Bay Club situated on Morris Avenue, near Mile Marker 112.Multiple agencies, including Monroe County Fire Rescue, Miami-Dade Fire Rescue, Miami-Dade Police, the Florida Fish and Wildlife Conservation Commission, and the U.S. Coast Guard, collaborated in managing the situation.As the investigation unfolds, the state Fire Marshal’s Office is working to determine the cause of the fire.

Undercover MDPD officer testifies as witness in trial of ex-Hialeah PD officers accused of beating up homeless man

Published Wed, 26 Feb 2025 01:57:13 GMT

It’s trial time for a former South Florida police officer accused of kidnapping, but that’s not all. He and another officer were taking a homeless man into custody when, officials said, they took things too far. Hialeah Police Officer Rafael Otano was accused of kidnapping and beating a homeless man along with former Officer Lorenzo Orfila in December 2022. Witnesses who found the man were heard for the first time on Monday. Bodycam footage from Dec.17 showed a beaten and bloody Jose Ortega Gutierrez. He claimed that 27-year-old Otano and 22-year-old Orfila kidnapped him, drove him to a remote location and beat him up after a disturbance at a bakery. However, the footage isn’t from either of the two officers. The video captured came from other officers after Ortega Gutierrez was found by an undercover Miami-Dade officer who called 911 as soon as he found him. The undercover officer spoke in court for the first time on Monday. “He was very adamant that it was ...

Newborn twins share their birthday with both mom and dad

Published Wed, 26 Feb 2025 01:57:13 GMT

(TMX) – A pair of newborn twins in Ohio share a birthday with both their mother and father after coming into the world on Aug. 18, according to the Cleveland Clinic.Photos shared by the Cleveland Clinic show Jose Ervin, Jr. and his fiancée, Scierra Blair, holding their newborn fraternal twins, Jose Ervin III and his sister, A-ria on Friday.Blair was due at the end of the month, but went into labor on Thursday, a day before her birthday, which she shares with Ervin, per reports.The decision was made to wait until midnight to bring forth the twins. Young Jose was born at Hillcrest Hospital in Mayfield Heights at 12:35 a.m., and A-ria followed at 12:36. The babies weighed in at just over 5 pounds each, and are healthy, according to the Cleveland Clinic.

Biden arrives in Maui to comfort wildfire survivors and emergency workers

Published Wed, 26 Feb 2025 01:57:13 GMT

By SEUNG MIN KIM (Associated Press)KAHULUI, Hawaii, (AP) — President Joe Biden and first lady Jill Biden arrived in Maui on Monday to comfort survivors of the devastating wildfires that ripped through the western part of the Hawaiian island, as his administration responds to the devastation whose full scope is still unknown.The Bidens lingered briefly on the tarmac after arriving at Kahului Airport to console Hawaii Governor Josh Green and his wife Jaime Green as well as members of Hawaii’s congressional delegation who came to the airport to greet them. The president and first lady embraced each of their greeters before boarding Marine One to get an aerial tour of the devastation caused by the fires. The Bidens interrupted a weeklong vacation in the Lake Tahoe area for the five-hour flight to Lahaina, a historic town of 13,000 people that was virtually destroyed by the flames. The couple will meet with first responders and be briefed by state and local officials about th...

Frontline forgiveness: State to repay student loans for 3,000 health care workers

Published Wed, 26 Feb 2025 01:57:13 GMT

In a move that one Massachusetts social worker described as an “answered prayer,” the state will repay more than $140 million in student loans for almost 3,000 health care providers who serve communities in need.An estimated 2,935 primary care and behavioral health providers will receive loan repayment awards in exchange for committing to work with eligible providers, such as community health centers and acute care hospitals, for four or five years.The awards, which range between $12,500 and $300,000, are the first in the “MA Repay” program that former Gov. Charlie Baker’s administration launched in November, funded by federal pandemic relief money as well as opioid lawsuit settlements. They’re also just the start: officials said Monday that another $120 million more will flow in the coming months thanks to funding lawmakers included in the new state budget.The next round of awards will be targeted toward home and human services providers, continu...