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Stock market today: Wall Street hangs near its best level in 20 months following mixed economic data

Published Fri, 27 Dec 2024 10:04:22 GMT

NEW YORK (AP) — Wall Street is hanging near its 20-month high Tuesday after a mixed set of reports kept questions alive about whether the U.S. economy can pull off a perfect landing that kills high inflation and avoids a recession. The S&P 500 was 0.1% lower in afternoon trading and potentially heading for its first back-to-back loss since October. The Dow Jones Industrial Average was down 89 points, or 0.3%, as of 2:29 p.m. Eastern time, and the Nasdaq composite was 0.3% higher.Stocks were down more sharply in Asia amid worries about the health of China’s economy, the world’s second largest. On Wall Street, KeyCorp slumped 3.2% after it cut its forecast for income from fees and other non-interest income.U.S. stocks and Treasury yields wavered after reports showed that employers advertised far fewer job openings at the end of October than expected, while growth for services businesses accelerated more last month than expected. Hope has been rising on Wall Street recently t...

Jonathan Majors’ accuser said actor’s “violent temper” left her fearful before alleged assault

Published Fri, 27 Dec 2024 10:04:22 GMT

NEW YORK (AP) — Jonathan Majors’ former girlfriend told a Manhattan jury that the actor was prone to fits of rage that escalated in the months leading up to his arrest for allegedly attacking her in the backseat of a car last spring.During hours of tearful testimony on Tuesday, Grace Jabbari described Majors as a controlling, manipulative partner who hurled household objects at the wall, tried to control her socially, and repeatedly threatened to take his own life in the aftermath of their fights.“It felt like I was walking around on eggshells,” said Jabbari, a 30-year-old professional dancer from the United Kingdom. “I had to be perfect.”Majors avoided eye contact with Jabbari during the morning testimony, scribbling notes to his lawyer or thumbing through his gold-leafed bible as she recounted his struggle to contain his “violent temper.” The testimony came on the second day of the trial against Majors, a rising Hollywood film actor whose portrayal of the comic book supervillain “...

Tage Thompson is returning to Sabres’ lineup ahead of schedule for their game against Detroit

Published Fri, 27 Dec 2024 10:04:22 GMT

BUFFALO, N.Y. (AP) — Tage Thompson is returning to the Sabres’ lineup well ahead of initial projections and is set to play in Buffalo’s home game Tuesday night against the Detroit Red Wings.The top-line center said after the morning skate he’s ready to return, and coach Don Granato confirmed Thompson has been cleared to play.“(Thompson) felt his conditioning is in a really good place,” Granato said. “He wanted to feel a little battle this morning, and he knows his body well. He knows what it takes to perform and wanted this morning to confirm it, and that’s great news.”Thompson, who led the team in scoring the past two seasons, was projected to miss 4-6 weeks after blocking a shot with his left arm in a 5-2 loss to Boston on Nov. 14. Thompson missed just nine games over the past three weeks.The 26-year-old rejoins the Sabres at a time they could use a boost, having lost three straight and four of five to slip into seventh place in the Atlantic Division and 14th in ...

Israeli Prime Minister Benjamin Netanyahu says Gaza must be demilitarized after war, military will control security

Published Fri, 27 Dec 2024 10:04:22 GMT

JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu says Gaza must be demilitarized after war, military will control security.Source

Hsu’s leadership campaign falls short as Crombie heads Ontario Liberals

Published Fri, 27 Dec 2024 10:04:22 GMT

Kingston and the Islands MPP Ted Hsu saw his bid to lead the Ontario Liberal Party in the next election come to an end last Saturday, with Bonnie Crombie being selected as the leader of the provincial party. Hsu entered as a candidate for the position in late May, and remained in the race until the first round of this weekend’s voting where he was eliminated with a 10 percent vote share among the four remaining candidates. Hsu said he and his team didn’t expect to win but based on projections they were a bit disappointed to not garner more support, however the MPP said “it is what it is” and he’s focused on his work at Queen’s Park and working alongside the new Liberal leader. He said the candidates are for the most part on the same page when it comes to priorities. “I think over the course of the leadership race the different candidates policy and agendas started to converge,” Hsu said.“What we want to do now is rebuild the part...

Over 3% of all homes in Colorado are vacation homes

Published Fri, 27 Dec 2024 10:04:22 GMT

DENVER (KDVR) -- Over 90,000 homes in Colorado are classified as "vacation" homes as of 2022, according to data from the U.S. Census Bureau.Of the estimated 2.3 million homes that Colorado had as of 2022, just over 200,000 of them were what the Census Bureau defined as "vacant," meaning no one lived in them when the survey was done. These are the most expensive ZIP codes in Colorado There are a few different categories of vacant homes. These categories include homes and apartments for rent, of which there were 43,819 in 2022, and homes in the state that are vacant for personal or family reasons, of which there are 8,267.One category is specifically defined as "seasonal, recreational or occasional use" vacant homes, which most people colloquially call vacation homes. This category makes up the largest chunk of vacant homes nationwide, but the percentage varies from state to state.Colorado had an estimated 90,728 vacation homes in the state as of 2022, which accounts for 44% of the ...

Police pursuit of stolen van on I-95 ends in arrest on SR 112 in Miami-Dade

Published Fri, 27 Dec 2024 10:04:22 GMT

A police pursuit of a stolen van that began on the southbound lanes of Interstate 95 near Miami Gardens ended with the arrest of a subject.7Skyforce followed above the van as the driver swerved through traffic.According to officials with FHP, troopers initially attempted to conduct a traffic stop on the stolen Ford cargo van on I-95 in the area of Northwest 69th Street. The vehicle failed to stop and fled.The van, speeding in and out of traffic, forced authorities to conduct multiple PIT maneuvers, all of which were unsuccessful.The subject abandoned the van on the on-ramp to SR 112 West and began running the ramp on foot.Ultimately, the subject could be seen with his hands raised and surrendered to officers around 2:15 p.m. at the SR 112 West on-ramp.Please check back on WSVN.com and 7News for more details on this developing story.

Suspect believed dead in Virginia house explosion, FBI investigating cause of blast

Published Fri, 27 Dec 2024 10:04:22 GMT

ARLINGTON, Va. (AP) — The suspect who fired at officers from a duplex in an Arlington, Virginia, neighborhood before the home exploded on Monday night is presumed dead, according to authorities.Fifty-six-year-old James Yoo was identified by Arlington County Police Chief Andy Penn at a press conference Tuesday as the the owner of the duplex and the individual whose actions brought them to the home after firing a “flare-type gun” from inside the house more than 30 times. Penn said police responded to the house at about 4:45 p.m. Monday after reports of shots fired. After attempts to communicate with Yoo were unsuccessful, police obtained a search warrant.As officers tried to enter the home, multiple gunshots were fired from within the house, Penn said. Soon after, the house exploded, Penn said.The officers escaped serious injury but it was unclear what happened to the suspect who was inside when the building was leveled, Arlington County, Virginia, police spokesperson Ashley...

Large police presence reported in part of Nashua, NH; Residents told to shelter in place

Published Fri, 27 Dec 2024 10:04:22 GMT

Police told residents in part of Nashua, New Hampshire to shelter in place Tuesday amid a large police presence. Nashua police in a post on X shortly before 3 p.m. said Ledge Street was shut down between its intersections with First and Eighth Street. “There is a large police presence in the area,” police said. With residents told to stay inside, police asked all other traffic to avoid the area. No further information was immediately available. This is a developing story; stay with 7NEWS on-air and online for the latest updates.

Festive Flakes Tomorrow Morning

Published Fri, 27 Dec 2024 10:04:22 GMT

Today it felt like winter and tomorrow it will look like winter (for some of us). Temperatures this morning actually weren’t too bad, waking up in the 30s. The problem was a lot of clouds today and a north wind that pumped in colder air all afternoon, our temperatures made zero progress from this morning.The north wind was a result of two areas of low pressure offshore from us. The one to the east had more of an influence on our weather today. It caused our north winds and the cold wind over the warmer ocean waters caused enough instability to create a few rain and snow showers over the Cape. Because of the northerly direction, the Cape is the only area that had water to its north and thus the only spot that dealt with the spotty showers.Tomorrow morning the second area of low pressure will control our wind and that will cause them to take a slightly more easterly direction. That more easterly direction will expose the entire coastline of Massachusetts to the onshore wind, whi...