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Stock market today: World markets churn higher after the Dow logs another close

Published Wed, 26 Feb 2025 04:34:18 GMT

BANGKOK (AP) — World markets powered higher on Friday after the Dow Jones Industrial Average climbed to another record close on excitement that the Federal Reserve might cut interest rates several times next year. Germany’s DAX advanced 0.6% to 16,849.10 and the CAC 40 in Paris was up 0.4% at 7,604.01. Britain’s FTSE 100 edged less than 0.1% higher, to 7,650.99. The futures for the S&P 500 and the Dow were up 0.2%. Oil prices also gained. Hong Kong led Asia’s gains with property developers jumping after some Chinese cities eased buying restrictions.The Hang Seng surged 2.4% to 16,792.19, but the Shanghai Composite index fell back, losing 0.6% to 2,942.56. Troubled developer Country Garden’s shares jumped 5.1%, while China Evergrande gained 3.5% and Sino Ocean Holding surged 5.7%. China’s National Bureau of Statistics reported that factory output rose 6.6% in November and retail sales were up more than 10%, glimmers of improvement for the economy after the...

Gunmen kill 11 people, wound 8 others in an attack on a police station in Iran, state TV says

Published Wed, 26 Feb 2025 04:34:18 GMT

DUBAI, United Arab Emirates (AP) — Suspected members of a separatist group killed 11 people and wounded eight others in a nighttime attack on a police station in southeastern Iran, state TV said Friday.The deputy governor of Sistan and Baluchestan province, Ali Reza Marhemati, said senior police officers and soldiers were killed and wounded in the 2 a.m. attack in Rask town, about 1,400 kilometers (875 miles) southwest of Tehran.He said police killed several of the attackers in a shootout.The advocacy group HalVash, which reports on issues affecting the Baluch people, shared video online that purported to include the heavy gunfire that accompanied the predawn attack. It also showed helicopters later flying over the area in daylight. State TV blamed the attack on Jaish al-Adl, a separatist group. In 2019, Jaish al-Adl claimed responsibility for a suicide bombing on a bus that killed 27 members of Iran’s paramilitary Revolutionary Guard. However, the militants did not immediatel...

Daily horoscope for December 15, 2023

Published Wed, 26 Feb 2025 04:34:18 GMT

Moon Alert: Avoid shopping or important decisions from 10:45 a.m. to 1:15 p.m. EST today (7:45 a.m. to 10:15 a.m. PST). After that, the Moon moves from Capricorn into Aquarius.Happy Birthday for Friday, Dec. 15, 2023:You are upbeat, optimistic and forever curious. You believe in yourself and your abilities. This has been a year of learning and exploration for you — some deeper thinking. Your payoff comes in 2024, when you can expect kudos, awards, adulation, promotion and acknowledgement. Bravo!ARIES(March 21-April 19) ★★★Avoid power struggles with parents and bosses this morning, because after the Moon changes signs today, you enter a lovely, popular window of time where you will enjoy the company of friends as well as groups and organizations. Therefore, tiptoe this morning. Tonight: Be friendly.TAURUS(April 20-May 20) ★★★In the early hours, steer clear of ego battles about politics and beliefs. Very soon, this day changes its tone, and you’re suddenly high-viz. People...

Commission adopts new general rules for small amounts of state aid and for services of general economic interest

Published Wed, 26 Feb 2025 04:34:18 GMT

The European Commission has adopted two regulations amending the general rules for small amounts of aid (de minimis Regulation) and for small amounts of aid for Services of General Economic interest, such as public transport and healthcare (SGEI de minimis Regulation). The revised regulations, which exempt small aid amounts from EU State aid control since they are deemed to have no impact on competition and trade in the Single Market, will enter into force on 1 January 2024 and will apply until 31 December 2030.Executive Vice President Margrethe Vestager (pictured), in charge of competition policy, said: “The revised de minimis regulations raise the exemption ceilings to cater for inflation, making it easier and faster to provide small amounts of aid. The revised rules will also introduce a central register to facilitate the control of the de minimis ceilings. This will reduce the burden for undertakings, in particular SMEs, as they will no longer need to self-monitor compliance. At...

Miss Manners: If you’re the best man at this wedding, brace for embarrassment

Published Wed, 26 Feb 2025 04:34:18 GMT

DEAR MISS MANNERS: Can you please list the requirements of the best man in a wedding?Related ArticlesAdvice | Miss Manners: I’m irritated by drivers who leave their car at the pump Advice | Miss Manners: I’m offended that they think my husband knows best Advice | Miss Manners: Do they think that as doctors they have some special aura? Advice | Miss Manners: I’m taking the high road when it comes to the fruitcake Advice | Miss Manners: Is it vindictive to cross these people off my cookie list because of what they said? There is only a best man, no groomsmen. It is a fancy destination wedding, and the gentlemen are best friends.GENTLE READER: Are you asking what the requirements should be, or what they actually will be, particularly given the “fancy destination” part that renders Miss Manners suspicious?A best man should be trusted not to lose the ring; to calm down the brideg...

Dear Abby: My wife’s snubbing of my parents could cost me a lot of money

Published Wed, 26 Feb 2025 04:34:18 GMT

DEAR ABBY: My parents announced during their recent visit that they are planning to move here.Related ArticlesAdvice | Dear Abby: This is my family’s pronunciation, and the correction is hurtful Advice | Dear Abby: If my daughter’s not good enough for his son, what does that mean for us? Advice | Dear Abby: I let a drunk guy stay on my couch, and he won’t leave Advice | Dear Abby: I skipped the wedding because of what the bride’s mother demanded Advice | Dear Abby: My kids want the inheritance but I’m scared to give it to them Because of a laundry list of complaints, including them being snippy to serving staff in restaurants, my wife has decided she never wants to visit with them again.My inheritance from my parents is my only hope of being able to retire. What do I do?— CORNERED IN THE SOUTHDEAR CORNERED: That the reason you won’t tell your parents not to move ...

One person dead, one seriously injured after fire in Orange

Published Wed, 26 Feb 2025 04:34:18 GMT

One person died and another was seriously injured as a result of a three-alarm fire in Orange late Wednesday night, officials said. Orange Fire Chief James Young and State Fire Marshal Jon M. Davine in an initial statement said firefighters responded to a home on West River Street after receiving a report of a fire at 11:49 p.m. Once on scene, officials said, crews found heavy fire in the rear of the home and were told that one occupant was trapped inside. Crews immediately entered the structure and located the occupant, an older adult, who received medical attention on scene before being transported to Athol Memorial Hospital.A second occupant, also an older adult, was also transported for medical care. Both were later taken to Boston hospitals, according to state and local authorities. Two further adult occupants of the home were able to escape without injury.Young on Thursday morning thanked mutual aid partners who aided in this fire response and said “Our foremost conc...

Remains of MA airman, killed in Japan helicopter crash, returning home

Published Wed, 26 Feb 2025 04:34:18 GMT

The Massachusetts airman killed in the Osprey helicopter crash off the coast of Japan last month will be honored Friday as he returns home. Staff Sergeant Jacob Galliher, of Pittsfield, was among the eight crew members killed in the Nov. 29 crash, which occurred during a training mission. A procession will escort Galliher’s remains from the Westover Air Force Base to a funeral home in Pittsfield Friday afternoon. The public is invited to pay their respects along the route in Pittsfield.

Logan Clegg set to be sentenced in 2022 murder of retired NH couple

Published Wed, 26 Feb 2025 04:34:18 GMT

The man convicted of killing a retired New Hampshire couple in April 2022 is set to be sentenced Friday.Logan Clegg, who was convicted of shooting and killing Stephen and Djeswende Reid, will be in court today to find out his fate.A jury in October found Clegg guilty on all nine charges he faced, including second degree murder and falsifying evidence, after two days of deliberation.The couple was attacked by Clegg while out on a hike on April 18, 2022. Their bodies were found days later, both with multiple gunshot wounds, setting off an investigation that ended when police arrested Clegg in Vermont in October that year.Family members who spoke in court said the pair were “lifelong humanitarians” who were “beloved worldwide”. Prosecutors say Clegg had been living in the woods in the area where the bodies were discovered. Police used surveillance videos and credit card records to connect Clegg to the murders.This is a developing story; stay with ...

RI bridge open to two-way traffic

Published Wed, 26 Feb 2025 04:34:18 GMT

Traffic is moving again in both directions over the Washington Bridge in Rhode Island following the bridge’s abrupt closure Monday.Rhode Island Dan McKee announced early Friday that the bridge was once again open to two-way traffic, a day earlier than previously expected. Two bypass lanes are open going in each direction.The sudden closure of the westbound lanes Monday was due to discovery of “critical failure” of parts of the original 1960s-built infrastructure of the bridge. After investigating, the Rhode Island Department of Transportation said they found eight of the 10 pins that hold the bridge in place had been snapped, with large gaps left in beams as a result.Officials said if the westbound side had remained open, it could have collapsed. Repairs could take at least three months.https://twitter.com/GovDanMcKee/status/1735580646662181110?s=20