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Stock market today: Global shares mostly rise after Fed chief’s speech

Published Sat, 08 Feb 2025 04:08:18 GMT

TOKYO (AP) — Global shares were mostly higher Monday, as investors were relieved by the head of the Federal Reserve indicating it will “proceed carefully” on interest rates. France’s CAC 40 added 0.8% in early trading to 7,288.58. Germany’s DAX rose 0.6% to 15,730.05. Trading was closed in Britain for a bank holiday. U.S. shares were set to drift higher with Dow futures up 0.3% at 34,464.00. S&P 500 futures rose 0.2% to 4,423.50. Japan’s benchmark Nikkei 225 added 1.7% to finish at 32,169.99. Australia’s S&P/ASX 200 gained 0.6% to 7,159.80, after data on Australian retail sales showed they rose a higher than expected 0.5%.South Korea’s Kospi rose nearly 1.0% to 2,543.41. Hong Kong’s Hang Seng jumped 1.0% to 18,130.74, while the Shanghai Composite surged 1.1% to 3,098.64. “The muted reaction of treasury yields to the rhetoric from Jackson Hole shows that US Federal Reserve chairman Jerome Powell probably hit the right tone when it comes to ...

Idalia on track to hit US as a hurricane, forecasters say

Published Sat, 08 Feb 2025 04:08:18 GMT

MIAMI (AP) — Tropical Storm Idalia was near the coast of Cuba Monday on a potential track to come ashore as a hurricane in the southern U.S., the National Hurricane Center said.At 4 a.m. CDT Monday, the storm was about 125 miles (200 kilometers) off the western tip of Cuba with maximum sustained winds of 65 mph (100 kmh). The storm was stationary at the time, the hurricane center said.The center's update also included a hurricane advisory for the Cuban province of Pinar Del Rio.Forecasters said they expected Idalia to become a hurricane on Tuesday in the Gulf of Mexico and then curve northeast toward the west coast of Florida. Why do so many ‘infamous’ hurricanes have ‘I’ names? Idalia could approach Florida on Wednesday with winds of up to 100 mph (160 kph), according to the latest forecasts from the Hurricane Center. That would make it a Category 2 hurricane.Along a vast stretch of Florida's west coast, up to 11 feet (3.4 meters) of ocean water could surge on shore, raising fear...

Georgia courtroom battles begin Monday in next stage of Trump case

Published Sat, 08 Feb 2025 04:08:18 GMT

(The HIll) - Fulton County, Ga., District Attorney Fani Willis (D) on Monday will have her first major courtroom faceoff after indicting former President Trump and 18 others in the Georgia election case.At a Monday morning hearing in Atlanta, prosecutors are set to battle with attorneys for former Trump White House chief of staff Mark Meadows, who wants to move his charges to federal court so he can assert immunity.Although Monday’s hearing technically regards only Meadows, the proceeding could have implications for the other co-defendants.If Meadows succeeds, Trump and the others could automatically go to federal court along with Meadows. Even if not, the same judge will soon consider similar removal requests from other defendants, and the judge on Monday could provide insights into his thinking on the issue.The requests are also quickly complicating the case as Willis aims to begin a trial for all of the defendants on Oct. 23.Prosecutors went all-in for the Meadows heari...

Simone Biles wins record 8th US Gymnastics title - a full decade after her first

Published Sat, 08 Feb 2025 04:08:18 GMT

SAN JOSE, Calif. (AP) — Simone Biles is not going to explain herself. Part of this is by design. Part of this is because she simply can't.When the gymnastics star is at her best, as she was on Sunday night while winning her record eighth U.S. championship, she feels like she's in a “fever dream.” It's not autopilot exactly. It's more of a vibe. A flow.It's in those moments that the doubts that still plague her almost daily even now, a decade into a run of unprecedented excellence, fade away.There is no thinking. No overanalyzing. No “ twisties.” All of it recedes into the background. Her coach Laurent Landi calls it a skill. Biles, even at 26, won't go that far. Maybe because she simply doesn't want to.She spent a long time, far too long, getting caught up in her head. She's intent on not doing it this around.So yeah, she was smiling midway through a floor routine that made almost every other competitor on the floor stop what they were doing to watch and drew a standing ovation...

One killed in shooting at Ohio mall; two teens arrested

Published Sat, 08 Feb 2025 04:08:18 GMT

ABOVE: Raw video of Columbus police evacuating Easton Town Center Sunday.COLUMBUS, Ohio (WCMH) - One person is dead and two teens have been arrested after Easton Town Center in Columbus, Ohio, was locked down following a shooting Sunday evening.According to a Columbus police dispatcher, the initial call for the incident was received at approximately 6:14 p.m., with the caller saying they were calling from near the Lululemon store. Shelter in place order lifted after threat in Sunbury Within one minute of the call, the victim was found near Jeni's Splendid Ice Creams on Grammercy Street by an officer working special duty at the center, Columbus Police Sgt. Joe Albert said. The officer rendered aid to the victim, but the person was pronounced dead at 6:50 p.m. at Mount Carmel East hospital.Police confirmed on Monday morning the victim was a juvenile male and have confirmed that two 13-year-old boys were arrested with one charged with murder and the other charged with obstructing jus...

98.3 TRY Social Dilemma: Family secrets

Published Sat, 08 Feb 2025 04:08:18 GMT

ALBANY, N.Y. (NEWS10) -- Today's 98.3 TRY Social Dilemma is about family and how to deal with differing opinions in a family. Here's the email from Jason: Get the latest news, weather, sports and entertainment delivered right to your inbox! Hi Jaime. I hope you understand why I've changed the names of everyone in my story. Here is my dilemma: My daughter, Charlotte is in her senior year in college. Her mother is very religious, though I am less so. In her last visit home (college is across the state), Charlotte took me aside and confided in me that she was gay. She’d had boyfriends in high school and in college, so this came as a surprise to me – though I had no problem with it. Her mother, however, would not react as tolerantly. Charlotte knows this – so while she did want to tell me about her sexuality, she did not want to tell her mother – and did not want me to tell her either. I agree that she has to come out in her own way, but I’m not a big fan of keeping things from my wif...

Large police presence outside Crossgates Mall Sunday night

Published Sat, 08 Feb 2025 04:08:18 GMT

ALBANY, N.Y. (NEWS10) -- A heavy police presence was outside of Crossgates Mall on Sunday night, regarding a large group inside. Details are very limited at this time. Get the latest news, weather, sports and entertainment delivered right to your inbox! NEWS10 contacted Albany Police regarding the incident, who say they responded to assist Guilderland Police on the scene. Stick with NEWS10 as more information regarding the incident becomes available.

GasBuddy: Avg. Albany prices drop 2.8 cents in last week

Published Sat, 08 Feb 2025 04:08:18 GMT

ALBANY, N.Y. (NEWS10) -- Average gasoline prices in Albany have fallen 2.8 cents per gallon in the last week, averaging $3.92/g Monday, according to GasBuddy's survey of 546 stations in Albany. Prices in Albany are 10.9 cents per gallon higher than a month ago and 28.6 cents per gallon lower than a year ago. The national average diesel price has risen 3.3 cents in the last week and stands at $4.333 per gallon. Get the latest news, weather, sports and entertainment delivered right to your inbox! According to GasBuddy price reports, the cheapest station in Albany was priced at $3.59/g Sunday while the most expensive was $4.09/g, a difference of 50.0 cents per gallon. The lowest price in the state Sunday was $3.30/g while the highest was $4.69/g, a difference of $1.39/g.The national average price of gasoline has fallen 4.0 cents per gallon in the last week, averaging $3.78/g Monday. The national average is up 5.8 cents per gallon from a month ago and stands 3.5 cents per gallon lower...

Ask Amy: Betrayal is bigger than “girl code”

Published Sat, 08 Feb 2025 04:08:18 GMT

Dear Amy: Last year, my husband and my best friend “Derry” were caught having a very intense emotional affair.When it all came out, Derry was overheard saying that she didn’t care about breaking “girl code” and didn’t feel guilty about hurting anyone.Her own marriage was in the toilet at the time, so she jeopardized mine.I was obviously devastated and extremely angry.Of course, the affair exposed fissures in my own marriage, and my husband and I had a year of intense marriage counseling and worked through it. We’re doing great now.Derry never apologized in any meaningful way until last week, via email.A mutual friend also saw her last week and talked to her about it, so I was privy to some of her feelings for the first time.I learned that, like us, she and her husband did a lot of therapy and have patched things up.Our mutual friend told me that Derry is in an enormous amount of pain over hurting me and cried through their whole conversation.In her email, Derry said it took her a ye...

Agriculture: EU agri-food trade rebounds in May 2023

Published Sat, 08 Feb 2025 04:08:18 GMT

After the EU agri-food trade slowed down in April, it bounced back with an increase of both imports and exports in May. The higher increase in exports compared to imports allowed the EU agri-food surplus to increase by 2% month-on-month in May, reaching €5.2 billion. These are the main findings of the latest monthly agri-food trade report published today by the European Commission.EU agri-food exports climbed by 8% month-on-month in May 2023, reaching €19.4bn, the same amount as in May 2022. Exports from January to May 2023 totalled €95.7bn overall, up 8% from the corresponding period in 2022.The top three destinations for EU agri-food exports between January and May were the United Kingdom, the United States and China. The top three origin countries for EU agri-food imports between January and May were Brazil, the United Kingdom and Ukraine.More insights as well as detailed tables are available online.