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Stock market today: Wall Street remains mixed after Fed raises interest rates

Published Sun, 01 Dec 2024 03:21:21 GMT

NEW YORK (AP) — Stocks remain mixed Wednesday after the Federal Reserve followed through on Wall Street’s expectations and raised interest rates to their highest level in more than two decades.The S&P 500 was 0.1% lower in afternoon trading, not far from where it was before the Fed announced what traders hope will be the final rate hike for a long time. The Dow Jones Industrial Average was up 27 points, or 0.1%, at 35,466, as of 2:11 p.m. Eastern time, and the Nasdaq composite was 0.2% lower.Microsoft weighed on the market after falling 4.2%. That was despite reporting stronger profit and revenue for the spring than analysts expected. Analysts said the company made comments that were perhaps intended to rein in huge expectations for upcoming growth from artificial intelligence. Investors also may have been hoping to hear more about when slowing growth at its Azure cloud computing business will trough.Another Big Tech behemoth, Alphabet, helped to limit the market’s losses....

Sinéad O’Connor, the gifted, provocative Irish singer made a star with ‘Nothing Compares 2 U,’ dies at 56, reports say

Published Sun, 01 Dec 2024 03:21:21 GMT

DUBLIN (AP) — Sinéad O’Connor, the gifted, provocative Irish singer made a star with ‘Nothing Compares 2 U,’ dies at 56, reports say.Source

British billionaire whose family trust owns Tottenham soccer club faces US insider trading charges

Published Sun, 01 Dec 2024 03:21:21 GMT

NEW YORK (AP) — Joe Lewis, the British billionaire whose family trust owns the Tottenham Hotspur soccer team, on Wednesday pleaded not guilty in New York to insider trading charges alleging that he fed corporate secrets to romantic partners, personal assistants, friends and his pilots, earning them millions of dollars illegally. He was then released on $300 million bail.Lewis and two of his pilots — Patrick O’Connor and Bryan ‘Marty’ Waugh — surrendered early in the morning to the FBI, a prosecutor said. The pilots also pleaded not guilty at an arraignment in Manhattan federal court. They were each released on $250,000 bail.U.S. Attorney Damian Williams, who announced the charges Tuesday night in a video, said Lewis was accused of “orchestrating a brazen insider trading scheme” that utilized his access to corporate boardrooms to feed inside tips to friends and lovers.“Those folks then traded on that inside information — and made millions of dollars in the stock market — because, tha...

Female hikers warned about sexual predator along Jeffco trails

Published Sun, 01 Dec 2024 03:21:21 GMT

Editor's note: This story contains details about sexual assault and harassment.DENVER (KDVR) — The Jefferson County Sheriff's Office said an unarmed and at-large sexual predator has been targeting female hikers in the Conifer and Evergreen area. Caught on camera: Female possibly forced into car at shopping center The sheriff's office said they have received seven reports of a man who has confronted female hikers who were alone along the trials of the Flying J Ranch Park in Confier, and one report of a similar incident at the Alderfer Three Sisters Park in Evergreen. The Jefferson County Sheriff's Office provided a map of where they have received reports of the sexual predator approaching women at the Flying J Ranch Park. (Jefferson County Sheriff's Office)Across six reported incidents, deputies say the man was in some cases naked, forcibly grabbing women, masturbating in front of them and engaging in sexual conversations.Timeline of reportsApril 3The first report happened on April...

6 malnourished horses rescued from Parker home

Published Sun, 01 Dec 2024 03:21:21 GMT

DENVER (KDVR) -- A man is accused of animal cruelty after six horses were found malnourished in Parker.On July 20, deputies and Animal Law Enforcement officers received an anonymous animal abuse call, according to the Douglas County Sheriff's Office. When they arrived at the home in the 12300 block of Piney Lake Road, they could see the rib cages and hip bones of six horses. Horse rescue loses thousands of dollars after fields washed out During the investigation, they found the barn floor caked in feces and infested with flies, and stalls were covered in standing urine, the sheriff's office said in a news release. They found many of the horses severely underfed with no access to food and water. Their rib cages were showing and hip bones protruding.A horse rescued by the Douglas County Sheriff's Office and Animal Law Enforcement Officers.One of the horses saved by the Douglas County Sheriff's Office and Animal Law Enforcement Officers.Six horses saved by the Douglas County Sheriff'...

Minimum age to buy a gun in Colorado will increase to 21 in August

Published Sun, 01 Dec 2024 03:21:21 GMT

DENVER (KDVR) -- Starting Aug. 7, people who are under the age of 21 will not be able to buy any firearms in the state of Colorado.Federal law already restricts anyone under 21 from buying handguns, but the new law restricts the purchase of any firearm in Colorado to people who are 21 or over.Colorado's 21-and-up gun lawThe law makes purchasing a gun when you're under 21 years old punishable by up to one year in jail or a $1,000 fine. Anyone who sells or transfers a firearm to someone under 21 could be punished with up to 18 months in jail or a $5,000 fine.There are some exceptions to the law. More specifically, there are three groups of people to whom the new law does not apply. Starting in August you’ll have to move over for these cars Two of the groups exempt from the minimum purchasing age are active-duty military and peace officers. Those who are certified by the Peace Officer Standards and Training board will also be able to buy firearms.Over-21 gun law faces lawsuitA federa...

Colorado's resignation rate is improving

Published Sun, 01 Dec 2024 03:21:21 GMT

DENVER (KDVR) -- Colorado's "Great Resignation" is over, just like the rest of the U.S. It wasn't long ago that Colorado was at the top of the nation for the rate of people leaving their jobs. Americans left their jobs in record numbers in 2021 and 2022 in a pandemic-era trend dubbed the "Great Resignation.” Wages climbed, particularly in low-paying industries, as employers struggled to attract and retain workers. Renters will have a few extra rights starting in August Labor management firm TimeForge analyzed U.S. Bureau of Labor Statistics data in each state to find job resignation rates, or quit rates, to keep an eye on the trend and found that Colorado had the sixth-highest quit rate among U.S. states in May 2023. A new study ranks the Centennial State lower on the list. Financial advisor site WalletHub analyzed the June resignation rates and the rate in the last 12 months for each state. To calculate the ranking, Wallethub counted June's rates as double the value of the overa...

Arapahoe County gets new commissioner district map

Published Sun, 01 Dec 2024 03:21:21 GMT

DENVER (KDVR) -- Arapahoe County has a new set of district boundaries after its commissioners unanimously adopted a new map on Tuesday. Colorado redistricting commission adopts final plan Colorado counties with elected commissioners are required to redraw their districts every 10 years to account for population change, and things have changed dramatically in Arapahoe County. Colorado's third-most populous county has welcomed over 83,000 new residents in the decade between 2010 and 2020.Changes from the 2010 district map include:The eastern borders of Districts 2, 4 and 5 will shift eastward.Roadways are now the primary dividers between Districts 2 and 3 (Smoky Hill Road) andDistricts 4 and 5 (Jewell Avenue), reducing the split of individual neighborhoods intodifferent districts.The city of Glendale will move from District 5 to District 4.Communities in the southwestern rural areas of District 3, communities along the Interstate 25 corridor and communities within the area around Ch...

Consultant in Ramsey case found liable for falsifying evidence in unrelated killing

Published Sun, 01 Dec 2024 03:21:21 GMT

Famed forensic scientist Henry Lee defended his work and reputation Wednesday after a federal judge found him liable last week in a lawsuit for fabricating evidence in a murder trial that sent two innocent men to prison for decades.Lee also served as a consultant in other high-profile investigations, including the 1996 slaying of 6-year-old JonBenet Ramsey in Colorado; the 2004 murder trial of Scott Peterson, who was accused of killing his pregnant wife Laci; and the 2007 murder trial of record producer Phil Spector. 3 found dead at campsite were family members who planned to live ‘off grid’ In the case at hand, Ralph “Ricky” Birch and Shawn Henning were convicted in the Dec. 1, 1985, slaying of Everett Carr, based in part on testimony about what Lee said were bloodstains on a towel found in the 65-year-old victim's home in New Milford, 55 miles (88 kilometers) southwest of Hartford.A judge vacated the felony murder convictions in 2020, and the men filed a federal wrongful convict...

3 hospitalized following wrong-way crash on I-95 in Oakland Park

Published Sun, 01 Dec 2024 03:21:21 GMT

At least three people were transported to Broward Health Medical Center following a wrong-way crash in Oakland Park. Officials said the collision, which occurred on the southbound lanes of Interstate 95, happened just before 3 a.m. Wednesday. “This operation is via [Florida Highway Patrol] in reference to a vehicle going the wrong way, and is a head-on collision with another vehicle,” said a dispatcher on Broadcastify police scanner. Video footage of the scene showed two cars with heavy front-end damage. Approximately an hour later, tow trucks were on the scene to clear the wreckage of the vehicles. According to officials, a female driver involved in the crash appeared to be under the influence of alcohol or drugs. Pending the results of a blood test, they will be arrested if the results proved they were intoxicated at the the time of the crash. First responders were heard requesting a third ambulance. An Oakland Fire Rescue ambulance transported three people to the hos...