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Stock market today: Global markets higher ahead of US inflation, Fed rates decision

Published Wed, 26 Feb 2025 05:12:07 GMT

BEIJING (AP) — Global stock markets and Wall Street futures rose Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike.London and Paris opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices rebounded from Monday’s plunge.Wall Street’s benchmark S&P 500 index rose 0.9% on Monday to a 14-month high ahead of the release of U.S. inflation figure Tuesday. Forecasters expect it to show inflation eased in May but still was double the Fed’s 2% target despite interest rate hikes to cool business activity.On Tuesday, the S&P 500 future was up 0.3%. That for the Dow Jones Industrial Average gained less than 0.1%.Traders hope the Fed will skip another rate increase when its monthly board meeting ends Wednesday, but that might be complicated if inflation is higher than expected. Central banks in Europe and Japan also are due to meet this week to discuss possible rate hikes.The Fed’s benchmark len...

3 found dead and 3 hit by a van in linked incidents in English city of Nottingham, police say

Published Wed, 26 Feb 2025 05:12:07 GMT

LONDON (AP) — Three people were found dead in the English city of Nottingham, and three others were hit and injured by a van in linked early-morning incidents on Tuesday, police said.A 31-year-old man has been arrested on suspicion of murder, Nottinghamshire Police said.“This is an horrific and tragic incident which has claimed the lives of three people,” said Chief Constable Kate Meynell. She said two people were found dead in one street just after 4 a.m. and a third in a different street, separately from the van incident. The three injured people were being treated in a hospital. There was no immediate word on their condition.Police gave no immediate indication of a possible motive.“We believe these three incidents are all linked and we have a man in custody,” Meynell said. “This investigation is at its early stages and a team of detectives is working to establish exactly what has happened.”The update came after emergency services flooded central Nottingham in wh...

Using high-tech laser gear, UN-backed team scans Ukraine historical sites to preserve them amid war

Published Wed, 26 Feb 2025 05:12:07 GMT

KYIV, Ukraine (AP) — Under the plaintive painted eyes of the holy, a volunteer team of two United Nations-backed engineers watched as a whirling laser took a million measurements a second inside Kyiv’s All Saints Church. The laser swept quickly across the church, part of the Kyiv-Pechersk Lavra, while taking a series of incredibly high-resolution photographs.Those images will be stitched together with navigational data to create a perfect three-dimensional rendering of the holy site, part of a project to protect and preserve historic places across Ukraine now in as much in danger as its people amid Russia’s war on the country. “It’s a critical moment,” said Chiara Dezzi Bardeschi, who oversees Ukraine for UNESCO, the U.N.’s cultural agency. “If it’s not protected now, we really risk that this heritage is lost forever.”Since Russia launched the war in February 2022, at least 259 cultural and historic sites have been damaged by the fighting, according to ...

Trump vows to appoint special prosecutor to 'go after' Biden if former president wins in 2024

Published Wed, 26 Feb 2025 05:12:07 GMT

(The Hill) - Former President Trump on Monday threatened to appoint a special prosecutor to specifically target President Biden and his family if he's reelected to the White House.Trump's post on Truth Social represents a brazen pledge to use the levers of government to target political rivals. It comes in the wake of his own indictment by a Justice Department special counsel stemming from his handling of classified materials after leaving office.In a post on Truth Social written in all capital letters, Trump wrote: "Now that the 'seal' is broken, in addition to closing the border & removing all of the 'criminal' elements that have illegally invaded our country, making America energy independent & even dominant again, & immediately ending the war between Russia & Ukraine, I will appoint a real special 'prosecutor' to go after the most corrupt president in the history of the USA, Joe Biden, the entire Biden crime family, & all others involved with the destruction ...

Target stores in at least five states receive bomb threats over Pride items

Published Wed, 26 Feb 2025 05:12:07 GMT

(The Hill) - Target stores in at least five U.S. states had to be evacuated over the weekend after receiving bomb threats, which tie into the recent backlash the U.S.-based retail chain received for its Pride Month merchandise. The Washington Post reported on Monday that local news outlets in parts of Oklahoma, New York, New Hampshire, Vermont, and Louisiana received emails from unknown individuals about bomb threats at the stores. In one email sent to Oklahoma City NBC affiliate KFOR, which is owned by Nexstar Media Group, the individual listed seven locations in and around the Oklahoma City area, claiming that two of the locations already had bombs in them, adding that they hid the bombs inside of products. “The bombs will detonate in several hours, guess which ones have the bombs. Time is ticking,” the email reads, also ending with the date “4/19/1995,” the date of the Oklahoma City bombing.  Oklahoma City Police Department spokesperson Gary Knight said t...

Police respond to incident at Columbia St. Stewart's

Published Wed, 26 Feb 2025 05:12:07 GMT

COHOES, N.Y. (NEWS10) -- Cohoes police responded to an incident Monday night at the Stewart's on Columbia Street. The incident occurred around 11 p.m. Get the latest, news, weather, sports and community events delivered right to your inbox! Information regarding the police presence is limited at this time. Stick with News10 as more information regarding the incident becomes available.

Senior Spotlight: Saratoga Springs' Mackenzie Waghorn

Published Wed, 26 Feb 2025 05:12:07 GMT

SARATOGA SPRINGS, N.Y. (NEWS10) -- Senior Mackenzie Waghorn has been a part of the Saratoga Springs softball team since the eighth grade, while also playing high-level travel softball. It's her dedication to the sport that's helped earn her the opportunity to take her talents to the highest level next year at Villanova. Get the latest, news, weather, sports and community events delivered right to your inbox! "She is always the first one to practice and the last one to leave," said Saratoga Springs head coach Geoff Loiacono. "Always willing to go that extra mile."That drive runs in the family. "My parents are really well-driven people," said Waghorn. "My grandparents, everyone in my family just works really hard and I feel like I got that from them. I look up to them so I see what they're doing and I do it myself." Her work ethic has allowed her to wear many different hats, and helmets, on the diamond. She's going to play catcher in college, but at Saratoga she's played all over, ...

Patroons win the Eastern conference; advance to regional final

Published Wed, 26 Feb 2025 05:12:07 GMT

ALBANY, N.Y. (NEWS10) -- The Albany Patroons defeated the Newfoundland Rogues 135-108 to win the Eastern Conference and advance to the regional finals. After setting a new record for most points scored in a TBL playoff game at Newfoundland on June 9 (134), the Patroons scored a new record tonight, scoring 135 points. Get the latest, news, weather, sports and community events delivered right to your inbox! Both teams traded buckets early, but the Patroons found another gear offensively that allowed them to finish the opening frame with a 26-23 lead. However, Newfoundland was always ready to respond.They did so in the second quarter, and a big reason was Marquise Collins, who knocked down a corner three giving the Rogues a 29-26 lead. Collins scored 14 in the quarter and finished the game with 34 points.Despite that, the Patroons kept fighting. Helping to lead the charge was Edward Dyson III showed off his mid-range game, scoring on a jumper that gave the Patroons a 55-51 lead. Newf...

Play of the Week winner - Saratoga's Janie Baringer

Published Wed, 26 Feb 2025 05:12:07 GMT

SARATOGA SPRINGS, N.Y. (NEWS10) — Congratulations to this week’s winner of our Play of the Week poll, Saratoga Springs’ Janie Baringer! Get the latest, news, weather, sports and community events delivered right to your inbox! Baringer extended to make the running catch, and found a way to still find the back of the net in the Blue Streaks' loss to Suffern. Vote here for this week’s Play of the Week poll!

Russia says Ukraine tried to attack Russian ship near major gas pipelines

Published Wed, 26 Feb 2025 05:12:07 GMT

Russia said on Sunday (11 June) that Ukraine had made unsuccessful attempt to attack a Russian naval ship with six high-speed drone boats as the Russian vessel patrolled major natural gas pipelines in the Black Sea.The 'Priazovye' ship was carrying out what Russia's defence ministry said was "monitoring of the situation and ensuring security along the routes of the TurkStream and Blue Stream gas pipelines in the southeastern part of the Black Sea."Ukraine attacked in the early hours of Sunday about 300 km south-east of Sevastopol, the headquarters of Russia's Black Sea fleet on the Russian-annexed Crimean peninsula, the defence ministry said.At the time of the attack, a US RQ-4 Global Hawk unmanned surveillance aircraft was in the central area of the Black Sea, the defence ministry said."The Black Sea Fleet ship 'Priazovye' continues to carry out its assigned tasks," the defence ministry said.Russia and Turkey formally launched TurkStream with capacity of 31.5 billion cubic metres p...