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Stock market today: Wall Street follows global markets lower after more rate hikes

Published Wed, 26 Feb 2025 01:46:31 GMT

NEW YORK (AP) — Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control. The S&P 500 was down 0.3% shortly after the opening bell. The Nasdaq was off 0.2% and the Dow fell 91 points, or 0.3%. European markets were lower after the Bank of England raised its main interest rate by a half a percentage point to a 15-year high of 5%. Banks in Norway, Switzerland and Turkey also raised borrowing rates to combat inflation.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control. Futures for the Dow Jones industrials and the S&P 500 each slipped 0.3% before the bell.Powell told lawmakers i...

Tornadoes tear through west Texas town, killing 4 people and causing widespread damage

Published Wed, 26 Feb 2025 01:46:31 GMT

MATADOR, Texas — A line of severe storms produced what a meteorologist calls a rare combination of multiple tornadoes, hurricane-force winds and softball-sized hail in west Texas, killing at least four people and causing significant damage around the town of Matador, a meteorologist said Thursday.A supercell developed about 8 p.m. Wednesday near Amarillo before striking the small town, said senior forecaster Matt Ziebell with the National Weather Service in Lubbock.The storm later produced 109 mph (175 kph) winds at Jayton in addition to the 4-inch (10.2-centimeter) or larger hail, according to Ziebell.“That is certainly rare to see all at the same time, killer tornadoes, hurricane-force winds and softball-sized hail,” Zeibell said.Wednesday “was definitely a rare combination of high-end wind shear and storms of extreme instability,” according to Ziebell.Search and rescue efforts continued Thursday morning, although no one is known to be missing, according to Texas Department of Pub...

Billy Crystal and Queen Latifah look marvelous as they headline this year’s Kennedy Center Honors

Published Wed, 26 Feb 2025 01:46:31 GMT

WASHINGTON (AP) — You know you’ve made a cultural impact when Henry Kissinger quotes your own joke back to you. That’s what happened to Billy Crystal, one of five iconic artists selected for this year’s Kennedy Center Honors. The others selected for the lifetime artistic achievement award are rapper and actor Queen Latifah, opera singer Renée Fleming, 1970s music icon Barry Gibb and prolific hitmaker Dionne Warwick. All will be honored with the traditional gala celebration at Washington’s Kennedy Center for the Performing Arts on Dec. 3. Kennedy Center president Deborah F. Rutter called this year’s crop of inductees “an extraordinary mix of individuals who have redefined their art forms.”Crystal, 75, came to national prominence in the 1970s playing Jodie Dallas, one of the first openly gay characters on American network television, on the sitcom “Soap.” He went on to a brief but memorable one-year stint on “Saturday Night Live” before starring in ...

Search for missing Titanic submersible passes the critical 96-hour mark for oxygen supply

Published Wed, 26 Feb 2025 01:46:31 GMT

The search for the missing submersible on an expedition to view the wreckage of the Titanic passed the critical 96-hour mark Thursday when breathable air could have run out, a grim moment in the intense effort to save the five people aboard.The Titan submersible was estimated to have about a four-day supply of breathable air when it launched Sunday morning in the North Atlantic — but experts have emphasized that was an imprecise approximation to begin with and could be extended if passengers have taken measures to conserve breathable air. And it’s not known if they survived since the sub’s disappearance.Rescuers have rushed ships, planes and other equipment to the site of the disappearance. On Thursday, the U.S. Coast Guard said an undersea robot sent by a Canadian ship had reached the sea floor, while a French research institute said a deep-diving robot with cameras, lights and arms also joined the operation.Authorities are hoping underwater sounds&nbs...

Warwick, Crystal, Queen Latifah among Kennedy Center honorees

Published Wed, 26 Feb 2025 01:46:31 GMT

(The Hill) -- Rapper and actor Queen Latifah, comedian Billy Crystal, singer Dionne Warwick, Bee Gees member Barry Gibb and opera star Renée Fleming are joining an exclusive club: They’re this year’s Kennedy Center Honors recipients.The John F. Kennedy for the Performing Arts announced the slate of five honorees on Thursday, saying the group is being recognized for lifetime artistic achievements.The honorees represent “an extraordinary mix of individuals who have redefined their art forms and demonstrated remarkable tenacity and authenticity in becoming an original,” Kennedy Center President Deborah Rutter said. “Each of them has explored new terrain, stretched artistic boundaries, and most importantly, committed to sharing their gifts with the world,” Rutter said in a statement.Gloria Estefan will host the Honors gala on Dec. 3 in Washington, which is traditionally attended by the sitting president. Cardi B criticizes stepson of billionaire on missing submersible ...

Brain health study searching for former female college athletes

Published Wed, 26 Feb 2025 01:46:31 GMT

AUSTIN (KXAN) — The Darrell K Royal Research Fund has provided a half-million-dollar grant to support a study aimed at understanding how college sports can impact brain health later in life.However, the study is still 100 women short of its goal of reaching 500 total participants — 250 men and 250 women — by September.UT Southwestern’s O’Donnell Brain Institute is conducting the study, focusing on former college athletes over the age of 50, who didn’t go on to play professional sports. Texas study delves into brain health of past college athletes, seeks participants “All of us associated with the DKR Fund believe this is something that coach Royal would really want to know,” DKR Research Fund president Debbie Hanna said. “Mrs. Royal has been very supportive of this effort from the beginning.”The College Level Aging Athlete Study, or CLEAATS, has already surveyed over 400 participants in both contact and non-contact sports.In the data collected thus far, 63% of the participants — 2...

Dinosaurs, rodeos, Longhorns highlight 2023 Texas State Fair

Published Wed, 26 Feb 2025 01:46:31 GMT

DALLAS (KXAN) – The State Fair of Texas Wednesday released the list of new attractions, entertainers and weekend rodeos for the 2023 State Fair.The fair will start on Friday, Sept. 29, and run through Sunday, Oct. 22. According to the announcement, fairgoers will see a "Dinosaurs at the Lagoon" exhibit with 10 life-sized dinosaurs found in Texas and a kids' play area. The fair said photo opportunities will be available with a 57-foot-tall Alamosaurus. The Fringe Stage will offer a water balloon fight with the Acrobuffos, a contortionist named Sara Twister and husband-and-wife acrobats Street Circus, the fair said. Soap Bubble Circus will perform "Guinness World Record-breaking feats of bubble-ology" at Oak Farms Theater, according to the fair.According to the fair, holiday decoration ideas will be available at the Home for Holidays Christmas decor showcase.The State Fair of Texas Rodeo happens every weekend during the fair. Here's a look at the lineup:2023 State Fair of Texas Rodeo ...

Troy leaders calling on NYS to save Burdett Birth Center

Published Wed, 26 Feb 2025 01:46:31 GMT

TROY, N.Y. (NEWS10) -- City leaders are now looking to the state to help stop the plan to close the Burdett Birth Center at Samaritan Hospital in Troy. Carmella Mantello, City Council President, said the city council is putting forward a resolution calling on Governor Kathy Hochul to intervene in the plan; something Mantello said Hochul has power to do. Get the latest, news, weather, sports and community events delivered right to your inbox! “All of us are joining together to implore the governor to keep this birthing center open. It’s just completely outrageous that St. peter’s hasn’t come to city leaders with their plan," Mantello said. Mantello hopes the resolution will push Governor Hochul to take action, involving the state legislature if necessary. Officials with the Mayor's Office said Mayor Patrick Madden is in preliminary discussions with Saint Peter's Health Partners, Governor Hochul's Office and other representatives about possible action. The birth center is the only...

New 'Miss Missouri' shares her journey to the Miss America Pageant

Published Wed, 26 Feb 2025 01:46:31 GMT

ST. LOUIS - A new 'Miss Missouri' has been crowned. Haley Leach, 24, was just crowned over the weekend, and now she has the opportunity to compete for the job of 'Miss America.' Leach has a master's degree in public affairs, bachelor of arts in political science, and bachelor of arts in writing from Indiana University. She also was a feature speaker at American University's Graduate School workshop, and has published two books (Frankie and Finn and See the Able, Not the Label). Tishaura Jones set to speak about youth outreach today following recent downtown gun violence Leach joined the FOX 2 studio and spoke with FOX 2's Amelia Mugavero about her initial reaction to winning the Miss Missouri Pageant as well as her continuous goal of representing the state. You can follow Leach on her Facebook, Instagram, and Twitter.

Metro Denver police blitz targeting drivers of vehicles with faulty registration to start Sunday

Published Wed, 26 Feb 2025 01:46:31 GMT

Police around metro Denver are planning a week-long enforcement blitz starting Sunday targeting drivers of vehicles that are unregistered or for which registrations have expired.The Aurora Police Department, teaming with Adams, Arapahoe, and Douglas county sheriff’s deputies, will be on the lookout for faulty registrations through July 1, authorities in Aurora announced Thursday morning.Drivers of vehicles caught with registrations expired for 60 days or more face fines of $93 under state law.Police “are encouraging residents to get caught up on their vehicle registration before the campaign kicks off this weekend,” the announcement said.Vehicle registration revenues help cover costs of road maintenance and help maintain recreational opportunities in parks. Drivers can buy a discounted annual state parks pass when they register. More information is available online at DMV.Colorado.gov/Registration or at county motor vehicle offices.