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Stock market today: Asian shares are mixed on signs of slowing growth in the US and China

Published Sat, 08 Feb 2025 01:43:30 GMT

BANGKOK (AP) — Asian shares got the week off to a slow start, with mixed trading Monday as China reported wholesale prices fell in June, amid other signs the economy is slowing. Benchmarks rose in Hong Kong, Shanghai and Mumbai but fell in Tokyo and Sydney. U.S. futures and oil prices declined. The decline in producer prices by 5.4% in June from a 4.6% drop in May suggests a further weakening of demand in many industries as activity in the world’s second largest economy slows and growth in the U.S. and Europe also tapers off under a barrage of interest rate hikes meant to snuff out inflation. China’s economy has slowed faster than hoped after an initial surge in growth as the country bounced back from disruptions caused by the COVID-19 pandemic. Markets in China tend to react positively to signs of weakness in anticipation of possible stimulus measures that might make more money available for investing in shares. Hong Kong’s Hang Seng gained 0.8% to 18,510.77 and t...

Biden is off to Windsor Castle to have tea with King Charles and promote clean energy

Published Sat, 08 Feb 2025 01:43:30 GMT

LONDON (AP) — President Joe Biden’s itinerary this week in Europe is dominated by the ongoing war in Ukraine and his continued efforts to rally an international coalition against Russia’s invasion of its neighbor.But first, some tea.The U.S. president’s initial stop on his three-nation trip is Britain, where he’ll meet with King Charles III for the first time since the latter was crowned in May. Biden did not attend Charles’s coronation, sending first lady Jill Biden instead, and Monday’s visit will be marked by a bit of royal pomp — including a royal salute, a viewing of U.S.-related artifacts at Windsor Castle and teatime for the two men.Biden and Charles will also use their visit to bring attention to climate issues, hosting a forum that will focus on how to encourage private companies to engage in more clean energy efforts, specifically in developing economies.“The president has huge respect for the king’s commitment on the climate issue in particular, that he has been a c...

Families with transgender kids are increasingly forced to travel out of state for the care they need

Published Sat, 08 Feb 2025 01:43:30 GMT

CHICAGO (AP) — On an early morning in June, Flower Nichols and her mother set off on an expedition to Chicago from their home in Indianapolis.The family was determined to make it feel like an adventure in the city, though that wasn’t the primary purpose of the trip.The following afternoon, Flower and Jennilyn Nichols would see a doctor at the University of Chicago to learn whether they could keep Flower, 11, on puberty blockers. They began to search for medical providers outside of Indiana after April 5, when Republican Gov. Eric Holcomb signed a law banning transgender minors from accessing puberty blockers and other hormone therapies, even after the approval of parents and the advice of doctors. At least 20 states have enacted laws restricting or banning gender-affirming care for trans minors, though most are embroiled in legal challenges. For more than a decade prior, such treatments were available to children and teens across the U.S. and have been endorsed by major medical asso...

Las Vegas police officer set to go on trial over $165k stolen in 3 casino heists

Published Sat, 08 Feb 2025 01:43:30 GMT

LAS VEGAS (AP) — A trial for a Las Vegas police officer accused of stealing nearly $165,000 in a series of casino heists is set to begin Monday with prosecutors painting him as a gambling addict who grew increasingly desperate under a crush of debt.Prosecutors claim Caleb Rogers, 35, carried out three robberies over a span of four months while armed with a weapon issued by the police department.Rogers’ attorney, Richard Pocker, said the government’s evidence allegedly tying Rogers to two of the robberies is weak. He accused the FBI and Las Vegas Metropolitan Police Department detectives of pressuring two people, including Rogers’ brother, into identifying him as the suspect in the robberies to close out the cases. Rogers made off with more than $85,000 in the first two robberies between November 2021 and January 2022 at casinos off the Las Vegas Strip while his police colleagues spent months trying to catch the thief, investigators and prosecutors said. Rogers near...

Phoenix to show compliance with court order to clear ‘The Zone’ homeless encampment

Published Sat, 08 Feb 2025 01:43:30 GMT

PHOENIX (AP) — The city of Phoenix will go to court Monday to prove it has met a deadline to clear a large homeless encampment, an action that has drawn pushback from civil rights advocates. As part of a civil lawsuit, city officials will have a three-day trial to show they have complied with a judge’s order and cleaned up the area known as “The Zone.” Maricopa County Superior Court Judge Scott Blaney sided with business owners and residents in June and declared the tent city in south Phoenix a public nuisance. He also found that while the city was following a law against criminalizing public camping, it arbitrarily enforced others despite health and safety risks. The plaintiffs described having to witness drug activity, lewd acts and other criminal activity in front of their door or steps away from their property. Like several other major cities, Phoenix has had to balance the concerns of employers and homeowners with respecting the rights of homeless people.The U.S. 9th Circ...

Trump and DeSantis begin eyeing Super Tuesday states as they prepare for 2024 long game

Published Sat, 08 Feb 2025 01:43:30 GMT

As the Republican presidential primary intensifies this summer, most White House hopefuls are devoting their time to events in Iowa and New Hampshire, the states that kick off the nomination process early next year. Not Ron DeSantis or Donald Trump.The Florida governor will address more than 1,500 faithful Republicans on Saturday at Nashville’s Music City Center. A few weeks later, the former president will swing through Alabama to headline the state GOP’s biggest event of the summer.Trump, the early GOP frontrunner, and DeSantis, who is trailing him for second place, are hardly ignoring voters in the states that jumpstart the Republican contest. Over the past month, they’ve both held rallies and other major events in Iowa, New Hampshire and South Carolina, sometimes even appearing in the same state on the same day. But they are doing more than the other GOP candidates to strengthen their position in states like Tennessee and Alabama that will hold elections on so-...

Nuggets summer league observations: Julian Strawther hits floor, Peyton Watson shows enough and Collin Gillespie heats up

Published Sat, 08 Feb 2025 01:43:30 GMT

Observations from the Denver Nuggets’ 98-93 loss to the Atlanta Hawks on Sunday night in the NBA Summer League in Las Vegas.Elementary, Watson: That’s it, we’re adequately convinced. Peyton Watson is ready for his second year of pro basketball. The UCLA product has shown enough through two games on the offensive end (38 points on 12-of-23 shooting) that he may very well not suit up again in Las Vegas. For Watson, it wasn’t just that he scored efficiently, it was the way that he did it: attacking the rim, pulling up at the elbows for jumpers and even hitting a silky step-back on an isolation play in the first half Sunday night. That is what the Nuggets wanted to see from Watson in Vegas. While it’s mildly troubling that he didn’t do much else Sunday night — Watson had just two rebounds for a Denver squad that struggled on the glass vs. Atlanta — that part of his game is already well established.Strawther shows toughness: If took six quarters,...

Authorities seek public's help locating at-risk 61-year-old man missing out of Cerritos

Published Sat, 08 Feb 2025 01:43:30 GMT

The Los Angeles County Sheriff’s Department is asking for the public’s help in locating an at-risk 61-year-old man missing out of the Cerritos area, authorities announced Sunday.  Keith John Robbins, who is also known as “Keefers,” was last seen on July 5 at 11 p.m. in the 11600 block of Gonsalves Street in Cerritos, according to the LASD missing person bulletin. Robbins, a resident of L.A. County, is described as a white male who stands 5 foot 10 inches tall, weighing approximately 180 pounds with brown hair, brown eyes, a goatee and has missing teeth.  The 61-year-old may have been driving a blue 2023 Kia Soul with California license plate 9EUF515.  Keith John Robbins, 61, was last seen on July 5 in Cerritos. He may have been driving a blue 2023 Kia Soul, seen here. (LASD)“There is concern for this missing person’s well-being,” the release noted.  Anyone with information about this incident is encouraged to contact the Los Angeles County Sheriff’s Department’s Missi...

PBS Short Film Fest explores DC shoes, opioid crisis and prison pregnancy

Published Sat, 08 Feb 2025 01:43:30 GMT

toggle audio on and off change volume download audio WTOP's Jason Fraley previews the PBS Short Film Fest (Part 1) $(function () { $('.wtop-audio-container .fa-play').on('click', function(){ var audio_filename = $('div.wtop-audio-file').data("mp3-url"); ga('send', 'event', 'Audio', 'play', audio_filename); }); }); The 12th annual PBS Short Film Festival returns to the nation’s capital for your enlightenment and enjoyment.This year’s theme is “Stories in Bloom,” featuring 23 short documentary and narrative films from its 330 member stations across the country that will be available to stream on all P...

US beats Canada 3-2 in shootout after 2-2 tie to reach CONCACAF Gold Cup semifinal

Published Sat, 08 Feb 2025 01:43:30 GMT

CINCINNATI (AP) — Matt Turner told his American teammates not to worry when their match against Canada went to penalty kicks.“He had the last word before we went out to the field,” U.S. interim coach B.J. Callaghan said. “It’s just encouraging the guys to stay calm, stay committed to what they’ve practiced.”Turner stopped two penalty kicks, and the American beat Canada 3-2 in the shootout after a 2-2 draw Sunday night for a berth in a CONCACAF Gold Cup semifinal against Panama. The U.S. had not won a shootout since 2005.“A lot of the penalties that I had seen on my sheets or in my preparation, most of those guys were off the pitch by the time the pens were there,” Turner said. “I just trusted my instincts, really, and typically when I do that, I find myself having a lot more success.”Brandon Vázquez gave the U.S. a 1-0 lead in the 88th minute, but Steven Vitória tied the score in the third minute of stoppage time with a penalty kick after a hand ball on Miles Robinson. Jacob Shaffel...