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Stock market today: Stocks drift up as Wall Street weighs whether economy is too warm or just right

Published Wed, 26 Feb 2025 10:01:36 GMT

NEW YORK (AP) — Stocks are drifting higher Friday as Wall Street weighs how to read a report showing the U.S. job market isn’t slowing as much as expected.The S&P 500 was 0.4% higher in morning trading, close to extending its weekly winning streak to six. The Dow Jones Industrial Average was up 92 points, or 0.3%, as of 10:27 a.m. Eastern time, and the Nasdaq composite was 0.4% higher.Yields rose in the bond market following the report, which said U.S. employers added more jobs than economists expected last month. Workers’ wages also rose more than expected, and the unemployment rate unexpectedly improved.The strong data keep at bay worries about a possible recession, at least for a while longer, and stocks of some companies whose profits are closely tied to the strength of the economy were rising. Energy-related companies had the biggest gains, with those in the S&P 500 up 1.2% as oil prices rose amid hopes for more demand for fuel.Carrier Global gained 5.5% for one of the ...

Chronic fatigue syndrome is more common than some past studies suggest, CDC says

Published Wed, 26 Feb 2025 10:01:36 GMT

NEW YORK (AP) — Health officials on Friday released the first nationally representative estimate of how many U.S. adults have chronic fatigue syndrome: 3.3 million.The Centers for Disease Control and Prevention’s number is larger than previous studies have suggested, and is likely boosted by some of the patients with long COVID. The condition clearly “is not a rare illness,” said the CDC’s Dr. Elizabeth Unger, one of the report’s co-authors. Chronic fatigue is characterized by at least six months of severe exhaustion not helped by bed rest. Patients also report pain, brain fog and other symptoms that can get worse after exercise, work or other activity. There is no cure, and no blood test or scan to enable a quick diagnosis. Doctors have not been able to pin down a cause, although research suggests it is a body’s prolonged overreaction to an infection or other jolt to the immune system.The condition rose to prominence nearly 40 years ago, when clusters ...

Otra persona muere por el preocupante brote de salmonela en EEUU

Published Wed, 26 Feb 2025 10:01:36 GMT

Otra persona murió en Estados Unidos tras contraer salmonela aparentemente contraída al comer melón cantaloupe contaminado o algunas presentaciones de la fruta precortada, informaron este viernes los Centros para el Control y Prevención de Enfermedades (CDC, por su sigla en inglés).Con esta ya son tres las personas que han fallecido debido al preocupante brote de salmonela en 38 estados y que tiene en alerta a las autoridades sanitarias. El brote detectado hace semanas continúa en aumento y no ha sido posible erradicarlo. De hecho, los CDC actualizaron una alerta de seguridad alimentaria por las infecciones causadas por la salmonela.Hasta el momento, se han reportado 230 casos de salmonela, de los cuales 96 han terminado en hospitalizaciones y tres muertes. Mucho ojo: emiten alerta por brote de salmonela vinculado con melones Los estados más afectados y con mayor número de casos son: Minnesota: 20Wisconsin: 18Texas: 16Arizona: 15 Los CDC han retirado del m...

Watch Out: A financial aid error could result in students receiving less money

Published Wed, 26 Feb 2025 10:01:36 GMT

If you plan to apply for Federal Student Aid this year, better known as FAFSA, make sure to know about an accounting error on their part because it might leave you feeling ripped off. A new revised version of the application is set to launch by the end of this month but there is one problem: it is using old data from 2020 and it is not accounting for inflation. A federal law requires the Department of Education to update those numbers annually, but if left unchanged — millions of students may receive less aid.

Man wins $10 million lottery jackpot – for the second time

Published Wed, 26 Feb 2025 10:01:36 GMT

(CNN) — Wayne Murray clinched the $10 million prize this month in the New York Lottery’s 200X scratch-off game – just 16 months after he won the same amount in its Black Titanium scratch-off game, the state agency that runs the games said.For his latest jackpot – as with his first – Murray opted to take home a single lump payment of $6,122,400, it said. Both tickets were bought at the same H & A Gas & Convenience store in Brooklyn, the lottery said.“It feels very humbling and liberating,” Murray told lottery officials last year after his win.The odds of winning the 200X scratch-off game are 1 in 3.5 million, while the odds of winning the Black Titanium are 1 in 3.6 million, according to the agency.The New York Lottery’s scratch-off games raked in over $4.4 billion in sales this past fiscal year, during which school districts across New York City boroughs got over $1 billion in aid, it said.

Crews respond to sunken vessel near Government cut

Published Wed, 26 Feb 2025 10:01:36 GMT

A vessel that took on water off Government Cut Friday morning prompted a swift response by rescue crews. U.S. Coast Guard boats responded at the scene three miles off of Government Cut where crews rescued two boaters from the sunken vessel. 7Skyforce hovered over the scene where the vessel was submerged in the water. Good Samaritans also assisted in the rescue effort. No injuries were reported. Please check back on WSVN.com and 7News for more details on this developing story.

Vestager is back — with little to lose

Published Wed, 26 Feb 2025 10:01:36 GMT

BRUSSELS — Whether it’s the European Commission or the European Investment Bank, “President Margrethe Vestager” just hasn’t happened. The feisty Dane is a Eurocrat superstar in charge of powerful digital and antitrust portfolios who has squeezed billions of euros in antitrust penalties out of Google. But she failed to get the political consensus she needed from European Union governments to nab the top job at the EU’s state-backed lender, losing out to Spain’s Nadia Calviño.“I will resume my duties at the European Commission,” Vestager said on X, saying she had withdrawn after ministers finally agreed on Calviño. Vestager now has very little to lose and a lot she could do to make the rest of her term count. “She has another 11 months; it is very short,” said Antoine Winckler, a partner at Cleary Gottlieb Steen & Hamilton. “She has a lot of very important state aid cases … merger control, the Alitalia thing.&...

Harvard president apologizes for remarks on campus antisemitism

Published Wed, 26 Feb 2025 10:01:36 GMT

WASHINGTON (AP) — The president of Harvard University has apologized for her remarks at a congressional hearing on antisemitism, saying she got caught up in a heated exchange and failed to properly denounce threats of violence against Jewish students.In an interview Thursday with The Crimson student newspaper, President Claudine Gay clarified her response to a line of questioning that asked whether calling for the genocide of Jews would violate Harvard’s code of conduct. At the Tuesday hearing, Gay said it depended on the context, adding that when “speech crosses into conduct, that violates our policies.”Gay’s response has drawn intense national backlash, as have similar responses from the presidents of MIT and the University of Pennsylvania, who joined Gay in testifying before the Republican-led House Education and Workforce Committee. Wealthy donors and some members of Congress in both parties have called for their resignations.Gay told The Crimson she w...

Report urges Harvard to tighten security procedures after investigation into stolen body parts

Published Wed, 26 Feb 2025 10:01:36 GMT

A recently released independent report urges Harvard Medical School to tighten its security procedures after the school’s morgue manager was charged with stealing and selling body parts earlier this year. The 23-page review was written by a panel and released on Thursday. The report came just under six months after morgue manager Cedric Lodge was named in an indictment as one of several people initially accused in connection with what prosecutors said was a multi-year, multi-state operation to move, sell or purchase organs, skin and other parts from bodies that were donated for educational purposes.Federal officials discussed allegations, at the time, with US Attorney for the Middle District of Pennslvenia Gerard M. Karam, saying in a statement “Some crimes defy understanding.” Harvard appointed its three-person panel to study its anatomical gifts program after learning of the indictment in this case.Among numerous recommendations in its subsequent report, the panel urged ...

Boxford Fire comes to the rescue of furry friend stuck on thin ice

Published Wed, 26 Feb 2025 10:01:36 GMT

Boxford Fire Department officials were called to Cleveland State Forest Thursday to save a resident’s furry friend.Charlie, a small dog, was able to wander out about 30 feet onto ice before getting stuck. With the ice too thin for any human to walk and retrieve the pup, firefighters donned their ice resceu suits to swim out to her.Firefighters brought the dog back to shore safely and returned her to her family. The Boxford Fire Department is advising residents and dog owners to be cautious around ice, as it has not been cold long enough for area ponds and water sources to be walkable.