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Stock market today: Wall Street gains ground, led by travel-related companies

Published Wed, 26 Feb 2025 08:56:29 GMT

Stocks rose on Wall Street Wednesday, led by big gains in travel-related companies as energy prices drop.The S&P 500 rose 0.5% and remains on track for a modest gain in a holiday-shortened week ahead of the Thanksgiving holiday in the U.S. The Dow Jones Industrial Average rose 179 points, or 0.5% to 35,267 and the Nasdaq rose 0.7% as of 2:12 p.m. Eastern.Crude oil prices fell 1% after OPEC said it would postpone its latest conference to next week. The oil cartel has been maintaining a tight market for crude oil with production cuts.The drop in oil prices weighed on energy companies. The sector slipped 0.4%. Energy giant Exxon Mobil and oilfield services company Halliburton each fell 0.8%.The sharp slide for oil prices helped airlines and other companies that stand to benefit from lower fuel costs. United Airlines rose 1.7% and cruise line Carnival rose 2.6%,Treasury yields were relatively steady. The yield on the 10-year Treasury rose to 4.41% from 4.40% late Tuesday. The yield ...

Israel and Hamas call a truce to free hostages in swap for prisoners, and allow more aid into Gaza

Published Wed, 26 Feb 2025 08:56:29 GMT

Families and friends of about 240 hostages held by Hamas in Gaza call for Israeli Prime Minister Benjamin Netanyahu to bring them home during a demonstration in Tel Aviv, Israel Tuesday, Nov. 21, 2023. Israel's Cabinet was convening Tuesday to consider a possible deal for the release of some of the hostages held by Hamas in exchange for a temporary halt to Israel's military offensive in Gaza. Hamas captured the hostages in an Oct. 7 cross-border attack that killed at least 1,200 people and triggered an Israeli invasion of Gaza. (AP Photo/Ariel Schalit)(AP/Ariel Schalit) Families and friends of about 240 hostages held by Hamas in Gaza call for Israeli Prime Minister Benjamin Netanyahu to bring them home during a demonstration in Tel Aviv, Israel Tuesday, Nov. 21, 2...

NFC South-leading Saints look to move over .500 against struggling Falcons

Published Wed, 26 Feb 2025 08:56:29 GMT

NEW ORLEANS (5-5) at ATLANTA (4-6)Sunday, 1 p.m. EST, FOX.OPENING LINE: Falcons by 1 1/2, according to FanDuel Sportsbook. AGAINST THE SPREAD: New Orleans 2-8, Atlanta 3-6-1. SERIES RECORD: The series is tied 54-54.LAST MEETING: The Saints beat the Falcons 21-18 on Dec. 18, 2022, at New Orleans.LAST WEEK: Each team is coming off a bye. Vikings beat Saints 27-19 on Nov. 12; Cardinals beat Falcons 25-23 on Nov. 12.SAINTS OFFENSE: OVERALL (13), RUSH (22), PASS (11), SCORING (18)SAINTS DEFENSE: OVERALL (8), RUSH (20), PASS (8), SCORING (8)FALCONS OFFENSE: OVERALL (15), RUSH (7), PASS (21), SCORING (24). FALCONS DEFENSE: OVERALL (7), RUSH (14), PASS (9), SCORING (18). TURNOVER DIFFERENTIAL: Saints plus-6; Falcons minus-6.SAINTS PLAYER TO WATCH: WR Chris Olave has been New Orleans’ most frequent playmaker on offense this season with 56 catches for 657 yards and three TDs. He made a spectacular touchdown catch in tight coverage along the sideline in the Saints’ previous game at...

No. 17 Notre Dame looks to avenge Marcus Freeman’s most disappointing loss in trip to Stanford

Published Wed, 26 Feb 2025 08:56:29 GMT

SOUTH BEND, Ind. (AP) — Some losses are disappointing.Others are so head-scratching people start asking questions.Notre Dame coach Marcus Freeman learned that lesson the hard way last fall when his team suffered such an inexplicable loss to Stanford that fans and analysts openly wondered if Freeman was the right man for the job.On Saturday, the second-year coach and the 17th-ranked Fighting Irish will have a chance to reverse course when they visit the Cardinal for the rematch.“For many of the guys that were here last year, I understand how disappointing that loss was for them, and there won’t be a lack of motivation this week,” Freeman said. Stanford (3-8) is rebuilding after longtime head coach David Shaw stepped down after last season. New coach Troy Taylor has endured an up-and-down first season.The Cardinal has struggled on offense, producing a sparse 350.7 yards per game (92nd out of 133 FBS programs), while the defense allows 456.3 yards (130th). Yet it has still manage...

NFL Films’ new Barry Sanders documentary ‘Bye Bye Barry’ drops on Prime just in time for Thanksgiving

Published Wed, 26 Feb 2025 08:56:29 GMT

FILE - In this Nov. 10, 1991, file photo, Detroit Lions running back Barry Sanders, center, plows his way through two defenders during an NFL football game against the Tampa Bay Buccaneers in Tampa, Fla. The Lions have drafted some all-time NFL greats such as Hall of Fame running back Sanders. (AP Photo/Chris O'Meara, File)(AP/Chris O'Meara) FILE - In this Nov. 10, 1991, file photo, Detroit Lions running back Barry Sanders, center, plows his way through two defenders during an NFL football game against the Tampa Bay Buccaneers in Tampa, Fla. The Lions have drafted some all-time NFL greats such as Hall of Fame running back Sanders. (AP Photo/Chris O'Meara, File)(AP/Chris O'Meara) Every Thanksgiving, America watches...

Joe Biden mantuvo una conversación telefónica con el presidente electo de Argentina, Javier Milei

Published Wed, 26 Feb 2025 08:56:29 GMT

(CNN Español) — El presidente de EE.UU., Joe Biden, mantuvo este miércoles una conversación telefónica con el presidente electo de Argentina, Javier Milei. Así lo confirmaron fuentes del equipo del líder de derecha a CNN y la Casa Blanca a través de un comunicado.“El presidente Biden habló con el presidente electo de Argentina, Javier Milei, para felicitarlo y discutir la importancia de continuar construyendo nuestra sólida relación bilateral”, dijo la Casa Blanca en un breve comunicado, agregando que publicará un texto más detallado más adelante.“La conversación fue muy buena”, dijo un vocero de Milei a CNN, y agregó que Biden lo felicitó por la victoria en balotaje, mientras que él lo felicitó por el rol de EE.UU. en las negociaciones por los rehenes retenidos por Hamas en Gaza.“Hablaron de trabajar en materia de alimentos y energía”, añadió el vocero.Las primeras medidas anunciadas por Javier Milei como presidente electoDe acuerdo con la ...

Two dead after vehicle explodes at Rainbow Bridge between U.S. and Canada: officials

Published Wed, 26 Feb 2025 08:56:29 GMT

NIAGARA FALLS, N.Y. (WIVB) – A vehicle exploded at a checkpoint on the American side of a U.S.-Canada bridge in Niagara Falls Wednesday, prompting the closing of four border crossings in the area, authorities said.The blast happened on the U.S. side of the Rainbow Bridge, which connects the two countries across the Niagara River. Three other bridges between western New York and Ontario were quickly closed as a precaution, and the Buffalo-Niagara International Airport began security checks on all cars and told passengers to expect additional screenings. CBS News reports two people were killed in the incident. Citing a senior U.S. official, CBS added a car traveling at a high rate of speed crashed into a pylon at the bridge crossing, which was followed by the explosion. CNN also reported two people inside the vehicle had died. The FBI’s field office in Buffalo said in a statement that it was investigating the blas...

Pompano Beach man accused of possessing dozens of images, videos of child pornography

Published Wed, 26 Feb 2025 08:56:29 GMT

A Pompano Beach man is accused of possessing dozens of images and videos of child pornography.Dr. Hernan Ruf was arrested and charged with a dozen counts of child porn.Ruf works with children who have developmental disorders and used to own his own practice.He is being held on a $240,000 bond.Once he is out of jail, he will have to wear an ankle monitor. Authorities believe there are more victims. If you have any information, contact police.

2 dead after vehicle explodes at Rainbow Bridge border crossing in Niagara Falls, official says

Published Wed, 26 Feb 2025 08:56:29 GMT

NIAGARA FALLS, N.Y. (AP) — A vehicle exploded at a checkpoint on the American side of a U.S.-Canada bridge in Niagara Falls Wednesday, leaving two people dead and prompting the closing of four border crossings in the area, authorities said.There was no immediate information on the cause of the explosion, but it raised concerns on both sides of the border. Canadian Prime Minister Justin Trudeau said officials were “taking this extraordinarily seriously,” and the White House said President Joe Biden was “closely following developments.”The two deceased people were in the vehicle, a law enforcement official told The Associated Press. The official was not authorized to discuss details of the investigation publicly and spoke on condition of anonymity.“This is obviously a very serious situation in Niagara Falls,” Trudeau said in Parliament before excusing himself from Question Period in the House of Commons to be briefed further.The U.S. FBI’s field office in Buffalo was investigating the...

Scholz promises new budget plans ‘very quickly’ amid German spending crisis

Published Wed, 26 Feb 2025 08:56:29 GMT

BERLIN — German Chancellor Olaf Scholz said Wednesday his ruling coalition would seek to present new budget plans “very quickly” to Parliament, after a constitutional court ruling last week plunged his government and its finances into disarray.The chancellor is facing mounting criticism that he still hasn’t managed to offer a proposal on how to make up Germany’s yawning budgetary shortfall one week after the bombshell court ruling blew a €60 billion hole in the books. It’s an accounting mess that now throws into doubt future payments for energy, the green transition of industry and microchip manufacturing.Crucially, last week’s ruling means not only a delay to next year’s budget — which became evident on Wednesday when a parliament committee postponed a preliminary adoption of spending plans for 2024 — but may also require a supplementary “emergency” budget for this year to deal with the fallout of the court decision.Speaking at...