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Stock market today: Wall Street edges lower at the open ahead of inflation reports

Published Wed, 26 Feb 2025 01:45:00 GMT

NEW YORK (AP) — Stocks are drifting lower as Wall Street waits to see what reports coming up this week on the economy and Big Tech companies say. The S&P 500 slipped 0.2% early Tuesday. The Dow fell 28 points and the Nasdaq composite fell 0.3%. Oracle weighed on tech stocks after the software giant reported revenue that fell just short of what analysts expected. Oracle’s forecast for how much revenue it will make in the current quarter wasn’t as strong as some analysts expected. Stocks have see-sawed in recent weeks amid uncertainty about whether the Federal Reserve is done with hiking interest rates. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Wall Street drifted modestly lower early Tuesday ahead of a highly anticipated update on U.S. consumer prices later this week. Futures for the Dow Jones industrials fell 0.2% before the bell, while the S&P 500 slipped 0.3%.The Federal Reserve is weighing whether to keep raising interest rates steady in its effort ...

Bosnian police arrest 5 ex-Serb troops suspected of participating in the 1995 Srebrenica massacre

Published Wed, 26 Feb 2025 01:45:00 GMT

SARAJEVO, Bosnia-Herzegovina (AP) — Bosnian police on Tuesday arrested five people suspected of participating in a July 1995 genocide in Srebrenica, a town where Bosnian Serb troops killed over 8,000 men and boys during the Balkan country’s interethnic war.Officers also conducted searches and confiscations during their operation in several towns in Republika Srpska, a Serb-run entity comprising roughly one-half of Bosnia’s territory, said a statement by Bosnia’s State Investigation and Protection Agency. The statement gave no other details. Bosnian news portal Klix said the people arrested were former Bosnian Serb army officers and soldiers who allegedly helped capture and kill around 70 men and boys and one women during the Srebrenica massacre. Most of the slaughter’s thousands of victims were Bosniaks, a majority Muslim ethnic group. Two U.N. courts have declared the brutal executions in the late days of Bosnia’s 1992-95 war as an act of genocide. Bos...

Hurricane Lee could arrive in Canada as weak hurricane or strong tropical storm

Published Wed, 26 Feb 2025 01:45:00 GMT

HALIFAX — The Canadian Hurricane Centre says hurricane Lee could make landfall this weekend anywhere from Maine to southeastern Nova Scotia.The centre in Halifax says Lee will likely approach the Atlantic region as a weak hurricane or strong tropical storm that could dump heavy rain over the area during the latter part of the week.Environment Canada meteorologists say that as the hurricane moves north, it will grow in size but is not expected to gain strength by merging with other weather systems.As of this morning, the Category 3 hurricane was about 900 kilometres south of Bermuda, churning out winds at 185 kilometres per hour.Lee was forecast to make a turn to the north on Wednesday, which will likely slow its progress and weaken the storm as it lingers over cooler waters.Meanwhile, meteorologists with U.S.-based AccuWeather say they expect a “high risk to lives and property” from damaging winds and flooding across much of Nova Scotia.This report by The Canadian Press ...

Body recovered near Promontory Point identified as missing boater Bryan Jackson

Published Wed, 26 Feb 2025 01:45:00 GMT

CHICAGO — A body recovered from Lake Michigan over the weekend has been identified as missing boater Bryan Jackson.Jackson's body was found around 10:15 a.m. Saturday near Promontory Point on the 5400 block of South Lake Shore Drive.Witnesses said Jackson boarded a boat with a group of people around 3 a.m. last Tuesday. The 38-year-old went missing after jumping off the boat into Lake Michigan about a mile from 31st Street Harbor, and never resurfaced. Man remains missing after jumping off boat into Lake Michigan Jackson is a former college football player and one-time athletic trainer for the Chicago Bulls.He is survived by two daughters.

Homeschoolers 'vigilant' over latest school choice wins in states

Published Wed, 26 Feb 2025 01:45:00 GMT

(The Hill) -- School choice advocates have had a successful year implementing new policies in Republican-led states, but concerns over the changes have come from an unlikely source: homeschoolers.While school choice fans and homeschoolers would seem to be on the same side of the coin — namely, those skeptical of the public school system — the government getting involved in what has been dubbed "education freedom" has sent chills down the spines of some homeschool backers.Homeschoolers worry some of the more popular school choice programs that are getting implemented, such as education savings accounts (ESAs), will become a Trojan horse to the government getting more say in how they educate their children at home. "We've long had a policy position against public funding of private homeschooling for a variety of reasons. One of the main reasons is that the strength of private homeschooling has been the fact that we have stayed private in very important respects and not been depen...

WATCH LIVE: Paxton's affair, bribery accusations begin second week of impeachment trial

Published Wed, 26 Feb 2025 01:45:00 GMT

AUSTIN (Nexstar) -- Texas' Court of Impeachment reconvened Monday morning for the second week of suspended Attorney General Ken Paxton's trial, leading off with key testimony from one of Paxton's top deputies. PREVIOUS: Texas Republicans weigh in on Paxton impeachment after week one of trial Former chief of staff says Paxton's alleged fair hurt office moraleHouse prosecutors' sixth witness, Katherine "Missy" Cary — the former chief of staff in the attorney general's office — was the first to testify at length about Paxton's alleged affair. She shared with the jury how she became aware of the affair and testified that the attorney general first identified the woman, Laura Olson, as his realtor.Paxton's alleged affair is mentioned in one of the articles of impeachment, accusing Paxton of accepting bribes because he “benefited from Nate Paul’s employment of a woman with whom Paxton was having an extramarital affair.”Cary said "my heart broke for her," referring to Paxton's wife — sta...

City Council considers expediting expansion at Austin Airport

Published Wed, 26 Feb 2025 01:45:00 GMT

AUSTIN (KXAN) — The Austin-Bergstrom International Airport is flying forward as one of the fastest-growing airports in America.This July, AUS experienced its busiest month of all time. AUS Data Hub: How many passengers have flown out of AUS so far this year? On Thursday, Austin City Council will consider expediting expansion at the airport.Local leaders will vote on two separate items during the council meeting, which could fast-track the airport’s ability to expand.One item council will discuss would update the master development ordinance at AUS, allowing it to be considered as a single site.Sam Haynes is the communications and marketing manager at the airport.She says this could speed up construction for the new midfield concourse, which will add 10 gates over the next decade.“Allowing the airport to be permitted as a single site, instead of a bunch of different unique individual project sites,” Haynes explained. “We think that will really expedite our work to expand and improv...

Mizna, a St. Paul-based journal, wins $60,000 prize

Published Wed, 26 Feb 2025 01:45:00 GMT

A big honor is announced today for Mizna, a journal published by St. Paul-based Mizna, an organization dedicated to contemporary Arabic film, literature and art. The journal is one of seven print and digital magazines that won the 2023 Whiting Literary Magazine Prizes worth $60,000 over three years.(Courtesy of Mizna)Mizna, a biannual print journal, reflects the literatures of Southwest Asia and North African communities. The Whiting judges wrote: “Mizna is an absolute gem of a journal, tightly edited, gorgeously curated, and visually striking. Care and craft float off its pages of beautifully laid-out poetry and lovingly printed images. Mizna is both a grassroots community organization and an esteemed international artistic platform, furthering important intergenerational dialogue within the Southwest Asian and North American diaspora and showcasing thrilling new literature.”Chosen from more than 70 applicants, Mizna joins a prestigious group of other winning publicatio...

Joe's Tavern in Cohoes set to reopen

Published Wed, 26 Feb 2025 01:45:00 GMT

COHOES, N.Y. (NEWS10) -- Joe's Tavern, located at 16 Division Street in Cohoes, closed in February 2022. Now, owner Mike Fortin is reopening the restaurant. Get the latest news, weather, and sports delivered right to your inbox! Fortin closed Joe's Tavern after 11 years so he could focus on opening Emma Jayne's Restaurant in Halfmoon. He also owns Max410 at the Waters Edge in Glenville, which moved from Van Schaick Island Country Club in Cohoes to the former Waters Edge Lighthouse space.Joe's Tavern will be officially reopening on Wednesday, September 13 at 4 p.m. All proceeds from opening night will be donated to Cohoes Pop Warner. It's cash only for the fundraiser, with dine-in and take-out options. Sam’s Chinese in Burnt Hills closes, Mexican restaurant moving in The Joe's Tavern menu features pizza, salads, sandwiches, torpedos, calzones, wings, and more. You can view the full menu on the Joe's Tavern website.Fortin could not immediately be reached for comment. Joe's Tavern ...

Sand Lake traffic stop nets arrest in multiple thefts

Published Wed, 26 Feb 2025 01:45:00 GMT

SAND LAKE, N.Y. (NEWS10) -- A traffic stop ended in the arrest of a Castleton on Hudson man on Monday, August 21 in Sand Lake. Anthony Witbeck, 43, faces multiple charges. Get the latest news, weather, and sports delivered right to your inbox! On August 21, around 11 a.m., troopers stopped a car on State Route 43 in Sand Lake for a vehicle and traffic law violation. Police identified the driver as Witbeck, who was found to have an active warrant for his arrest by the Rensselaer City Court.Police say when Witbeck was taken into custody, he had on him brass knuckles, multiple credit cards not in his name, gift cards, jewelry, and a wallet that wasn't his. Further investigation found Witbeck stole these items from several parked cars in Schodack earlier that morning, according to New York State Police. Police also say Witbeck used one of the stolen credit cards earlier that day in Sand Lake. New Siena poll shows attitudes towards migrants Charges:Fourth-degree criminal possession o...