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Stock market today: Wall Street swings to mixed close as Fed hints of rate hikes to come

Published Tue, 25 Feb 2025 18:29:29 GMT

NEW YORK (AP) — Wall Street swung to a mixed finish after the Federal Reserve hinted it may raise interest rates two more times this year, even as it held them steady Wednesday.The S&P 500 finished the day 0.1% higher after pinballing between gains and losses following the Fed’s announcement. The Dow Jones Industrial Average dropped 232 points, or 0.7%, while the Nasdaq composite rose 0.4%.The Fed closed its latest policy meeting by saying it would keep rates where they are, to give more time to see how its fusillade of hikes over the last 15 months is affecting the economy. It’s attempting the excruciating balancing act of slowing the economy just enough through rate increases to snuff out high inflation, but not so much as to break the job market and create a recession.Standing pat would give the economy more time to absorb all the past rate hikes, and Fed Chair Jerome Powell said “ideally by taking a little more time, we won’t go well past the level where we need to go....

Sarah Huckabee Sanders travels to Europe for 1st overseas trade mission as Arkansas governor

Published Tue, 25 Feb 2025 18:29:29 GMT

LITTLE ROCK, Ark. (AP) — Arkansas Gov. Sarah Huckabee Sanders is heading to Europe on her first overseas trade mission since taking office this year.Sanders, a Republican, said she planned to meet with aerospace industry leaders at the Paris Air Show during the trip. She also planned to meet with American, British, French and German business executives to make the case for investing in Arkansas, Sanders said in a statement released Wednesday.Sanders said Commerce Secretary Hugh McDonald and Arkansas Economic Development Commission Executive Director Clint O’Neal will also go on the trade mission. The governor’s office said they planned to meet with executives from several companies, including Lockheed Martin, Aerojet Rocketdyne and Raytheon. Sanders’ mission will also include meetings in Cologne, Germany, her office said.Aerospace and defense is a major part of Arkansas’ economy and makes up about 20% of the state’s exports, according to the Arkansas Ec...

Court hears arguments over records related to Biden gift of Senate papers to University of Delaware

Published Tue, 25 Feb 2025 18:29:29 GMT

DOVER, Del. (AP) — The state Supreme Court is mulling whether the University of Delaware was justified in denying requests from Judicial Watch and the Daily Caller News Foundation for records related to the school’s receipt of President Joe Biden’s senatorial papers.The justices heard arguments for the second time Wednesday in a long-running legal battle over the records, which have been the subject of multiple FOIA requests. That battle is playing out amid increased scrutiny of the handling of government documents by elected officials, including this week’s indictment of former President Donald Trump for allegedly mishandling and retaining classified documents at his Florida estate.Meanwhile, the discovery of documents with classified markings at Biden’s Delaware home and at his former Washington office is the subject of an investigation by a special counsel. The FBI searched the University of Delaware earlier this year for classified documents as part of its investigation into the...

Renuncia maestra que fue baleada por estudiante en Virginia, según funcionarios

Published Tue, 25 Feb 2025 18:29:29 GMT

La maestra de primer grado que recibió un disparo de su estudiante de 6 años en Virginia renunció a su cargo, según funcionarios escolares. Esto ocurre más de dos meses después de que demandó al distrito por $ 40 millones.El último día del contrato de Abby Zwerner fue el lunes, informaron las Escuelas Públicas de Newport News en un comunicado. El distrito dijo que Zwerner notificó a recursos humanos en marzo que no regresaría el próximo año escolar.Zwerner, de 25 años, recibió un disparo en la mano y el pecho mientras estaba sentada en una mesa de lectura en su salón de clases el 6 de enero. Pasaron casi dos semanas en el hospital y se sometió a múltiples cirugías.Zwerner presentó su demanda a principios de abril, alegando que los funcionarios escolares ignoraron múltiples advertencias de que el niño tenía un arma y estaba de un humor violento ese día. Madre de niño que disparó contra maestra de Virginia se declara culpable de un cargo “Pensé...

Jury: PacifiCorp must pay punitive damages for wildfires, plus award that could reach billions

Published Tue, 25 Feb 2025 18:29:29 GMT

PORTLAND, Ore. (AP) — A jury in Oregon says the electric utility PacifiCorp must pay punitive damages for causing devastating wildfires in 2020 — on top of an earlier verdict already expected to amount to billions of dollars.The decision Wednesday came two days after the jurors found PacifiCorp liable for the fires and said it must pay for damage to property as well as emotional distress. The jury awarded $73 million to 17 homeowners named as plaintiffs in the case, with damages for a broader class involving the owners of nearly 2,500 other properties to be determined later.PacifiCorp, owned by billionaire Warren Buffett’s Omaha, Nebraska-based investment conglomerate Berkshire Hathaway, said it would appeal the liability verdict and damages.The Multnomah County Circuit Court jury in Portland found Wednesday that PacifiCorp’s negligence warranted additional damages to punish the utility’s alleged indifference to the safety of others and to deter such conduct in the future. The jury ...

Kingston Police seek help identifying Lemoine Point vandal

Published Tue, 25 Feb 2025 18:29:29 GMT

Kingston Police is appealing to the community for information about numerous acts of vandalism that occurred between April and June 2023 at the Lemoine Point Conservation Area, off Coverdale Drive.Throughout the vandalism spree, police say that approximately 30 benches were damaged, along with washroom doors and various other signage on the property.“Conservation area enthusiasts have been both outraged and dismayed over the fact that many of the benches that have been vandalized are memorial benches that have small plaques with names inscribed on them. The damage to the benches, washroom doors, and signage on the property has amounted to approximately $5000,” Kingston Police said in a news release.Many of the damaged benches are marked with anti-Trudeau graffiti.Recent security footage obtained in early June has provided crucial insights into the suspect’s activities.Police note that the individual responsible for the vandalism appears to frequent the area during ...

Could Colorado home prices set a new record this summer?

Published Tue, 25 Feb 2025 18:29:29 GMT

DENVER (KDVR) -- Colorado homes are approaching the record prices set last spring, but if the normal sales patterns hold they won't likely pass them. The Colorado Association of Realtors released its May report for both the Denver metro and statewide housing market data. After banner years of home sales brought on by the global COVID pandemic, Colorado homes sold more quickly and for more money than they ever have in the early years of the 2020s. They dropped nearly $100,000 from last spring to this January but have been rising $10,000-15,000 each month ever since. Brothers killed in I-25 road rage shooting, family says The median sales price for a Colorado single-family home was $575,000 in May 2023, the highest the state's home prices have been since last July.Prices would need to rise another $25,000 to match the record set last April, but that's unlikely if buyers act as they did in years before the pandemic began. In the seven years between 2014 and 2021, Colorado home price...

Broward County Public Schools’ superintendent search entering final phase

Published Tue, 25 Feb 2025 18:29:29 GMT

The search for Broward County’s next school superintendent is reaching its final phase of the selection process, as three highly qualified candidates vie for the position.It was a long morning and afternoon of questions for Broward County Schools’ final three superintendent finalists.The first finalist is Dr. Peter Licata, a South Florida and Broward County native, currently regional superintendent of schools in Palm Beach County. “I have spent 29 years in Palm Beach County. If you are looking for someone who can transform Broward to the next level, that doesn’t negotiate the value system in any way, that every child walking through the door is considered important, that’s who I am,” said Licata. “It’s a 24/7 job, and it’s an honor to have that role.”The second finalist is Luis Solano, the deputy superintendent for Detroit’s School District, also a former associate superintendent in Collier County and the former of Mi...

5 dogs die in RV fire before Florida dog show, official say

Published Tue, 25 Feb 2025 18:29:29 GMT

TAMPA, Fla. (AP) — Five dogs were killed in an RV fire the day before a dog show was set to begin in Florida, officials said.The fire was first reported Tuesday afternoon at the Florida State Fairgrounds in Tampa, Hillsborough County Fire Rescue spokesperson Rob Herrin said. The American Kennel Club All-Breed Dog Show was scheduled to begin Wednesday at the fairgrounds and run through the weekend.Bystanders reported seeing smoke coming from the RV’s vents and then attempted to get inside the car, but couldn’t because of the flames and smoke, Herrin said. After firefighters extinguished the blaze, the RV owners told investigators that five boxers had been inside the vehicle.No humans were injured, officials said.Investigators believe the fire was an accident, but they’re still narrowing down a specific cause, Herrin said.

Swordfish Milanese / La Terrazza, Coral Gables

Published Tue, 25 Feb 2025 18:29:29 GMT

The Chef: Danny GanemThe Restaurant: La Terrazza, Coral GablesThe Dish: Swordfish MilaneseIngredients:Herb bread crumbs1 cup Panko Bread crumbs2 Tbsp Chopped Italian Parsley2 Tsp Dry Oregano1 Ea Lemon ZestTo Taste Espellete or Chili FlakesTo Taste Kosher Salt4 ea 7oz Swordfish4 ea Jimmy Nardello Pepper or small Sweet Peppers (roasted)4 ea Sunny Side Up Egg2 ea LemonsTo Taste Kosher SaltOlive OilCanola Oil for Pan FryingFinishing SaltParsley Puree:1 cup parsley leaves – rough chop2 garlic cloves, peeled2/3 cup extra virgin olive oil1/4 cup white wine vinegarSalt to tasteStep 1Combine the parsley in a blender or small food processor with the garlic and about half the oil. Turn on the machine and puree, adding the remaining oil to make a smooth paste.Step 2Add the vinegar and a large pinch of salt and blend for a second. Taste and adjust the seasoning, then serve or cover and refrigerate for up to a couple of days.Cilantro Puree, Dill Puree, Basil Puree, or Mint PureeMethod of Pr...