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Stock market today: Wall Street follows global shares lower ahead of Fed notes, employment data

Published Wed, 26 Feb 2025 20:55:00 GMT

BEIJING — Wall Street headed lower early Wednesday ahead of the release of notes from the latest Federal Reserve meeting and new jobs data out later in the week.Futures for the benchmark S&P 500 index and the Dow Jones Industrial Average slipped 0.5% before the bell.Notes from the monthly Fed meeting at which its key interest rate was left unchanged are due for release Wednesday. Fed officials have said rates might be raised two more times this year, but traders hope they will decide enough already has been done to cool inflation.On Friday the U.S. reports employment data for June, a day after data on weekly jobs and separately, job openings, are released. “Interest rate expectations could be reshaped depending on how the cards fall with regards to these key releases,” said Tim Waterer of KCM Trade in a report.The U.S. labor market has weathered a more than year-long effort by the Fed to cool it — and the broader economy — by raising interest rates. Layoffs are historically low,...

One dead in Oakville apartment fire

Published Wed, 26 Feb 2025 20:55:00 GMT

One person is dead following a fire at a highrise apartment in Oakville on Wednesday morning.Halton police say they responded to a call around 5:15 a.m. for a fire at an apartment on Queen Mary Drive, in the area of Kerr Street and Lakeshore Road West.Police confirm one person is dead. No other injuries have been reported.This is a developing story. More to come.

Myanmar’s Supreme Court hears arguments in 2 appeals by ousted leader Aung San Suu Kyi

Published Wed, 26 Feb 2025 20:55:00 GMT

BANGKOK (AP) — Myanmar’s Supreme Court heard final arguments on Wednesday in appeals by ousted leader Aung San Suu Kyi of her convictions in two cases in which she was charged with election fraud and breaching the Official Secrets Act, a legal official said.Suu Kyi, 78, was arrested when the army seized power from her elected government in February 2021. She has been convicted of a string of criminal offenses and sentenced to a total of 33 years in prison, mostly on charges brought by the military government.Suu Kyi’s supporters and legal experts say the cases are an attempt to legitimize the military’s seizure of power while discrediting her and preventing her return to politics.Wednesday’s Supreme Court hearing was closed to the media and public. Her lawyers were served with gag orders in late 2021, restricting them from releasing information. Neither Suu Kyi nor any of her co-defendants attended the hearing.The legal official, who is familiar with Suu Kyi’s court case...

Pope Francis asks Church to identify 21st-century martyrs slain ‘only because they are Christians’

Published Wed, 26 Feb 2025 20:55:00 GMT

ROME (AP) — Pope Francis has set up a special commission tasked with identifying those he calls the “new martyrs” of the 21st century — Christians who have been slain in some cases simply for attending Mass or for helping the poor.The Vatican on Wednesday released a copy of a letter in which the pope announced the commission will be part of the Holy See’s saint-making office. “As I have said so many times, martyrs ‘are more numerous in our time than in the first centuries,’” of the Church, Francis wrote in the letter dated Monday. He was referring to the early years of Christianity, when many were slain for refusing to renounce their faith, seen as a threat to Roman imperial rule. Modern-time martyrs include clergy as well as “lay people and families, who, in various countries of the world, with the gift of their life, offered the supreme proof of charity,” Francis wrote. The martyr initiative is timed to coincide with a church jubilee, or Holy Year, schedule...

4 shot at Fourth of July gathering in Englewood

Published Wed, 26 Feb 2025 20:55:00 GMT

CHICAGO — Four people were shot early Wednesday in Chicago's Englewood neighborhood.According to Chicago fire officials, the four people were shot near 56th Street and Ada Street at what neighbors said was a Fourth of July gathering.Two were taken to the hospital in critical condition. The condition of the other two people are not yet known.Ada Street is currently closed from 57th Street to Garfield. Westbound 56th Street is closed between Throop and Loomis.Read more: Latest Chicago news headlinesResidents tell WGN News about 100 people were in attendance of the block party celebrating the holiday when gunfire errupted.Police are investigating.This is a developing story. Check back for updates.

Road shut down after Elmhurst deadly crash

Published Wed, 26 Feb 2025 20:55:00 GMT

ELMHURST, Ill. — Authorities in Elmhurst are investigating a deadly crash Wednesday morning.Just after 6 a.m., Elmhurst police said a two-vehicle crash closed St. Charles Road between York Street and Poplar Avenue.At least one person has died. SkyCam9 over the scene showed what appeared to be a head-on collision between two dark-colored SUVs.Motorists should use either North Avenue or Butterfield Road as detours.WGN News will update this story once more information becomes available.

Philadelphia shooting suspect identified, police say fired 'seemingly at random'

Published Wed, 26 Feb 2025 20:55:00 GMT

(The Hill) -- The suspect in Monday night’s shooting in Philadelphia that left five people dead has been identified as 40-year-old Kimbrady Carriker, according to CNN.Carriker was set to be arraigned Wednesday on charges of murder, attempted murder, aggravated assault and simple assault, CNN reported.Four adults and a teenager were killed and two children were injured Monday when the shooter — who was equipped with a bulletproof vest, multiple ammunition magazines, a scanner, an “AR style gun” and a handgun — opened fire in the Kingsessing neighborhood of Philadelphia.  5 killed, 3 kids injured after mass shooting in Philadelphia Police pursued the shooter on foot as they continued “actively shooting a firearm” and arrested them in a nearby alley, police said.Police Commissioner Danielle M. Outlaw said at a news conference on Tuesday that the alleged shooter fired “seemingly at random.” “Let me crystal clear: What happened last night in our Kingsessing neighborhood was ...

Post-July 4 travel expected to be smoother as people return home

Published Wed, 26 Feb 2025 20:55:00 GMT

(NewsNation) — There's good news for people returning from their July Fourth holiday — the trip home likely will be smoother than it was getting there. A projected 43.2 million drove to their Independence Day destinations, according to AAA, while a record 2.9 million people flew the Friday before the Fourth, according to the Transportation Security Administration.A spokesperson for Delta Air Lines told NewsNation the company estimates it will fly about 3.2 million people from June 30 through July 5, or about 530,000 passengers per day. That's 10% more than Delta flew during the same period in 2022.Still, according to NerdWallet, Wednesday wasn't expected to be a particularly busy travel day.Transportation Security Administration data compiled by NerdWallet shows the day after the Fourth of July has been a consistently light travel day. "July Fourth travelers in 2023 can feel confident that a July 5 flight itinerary will afford them cheaper airfare plus less congested airport queues,...

Dog in carrier found hanging on Oklahoma Humane Society's front door

Published Wed, 26 Feb 2025 20:55:00 GMT

OKLAHOMA CITY (KFOR) – Over the weekend, staff at the Oklahoma Humane Society found a dog in a precarious position.The Chihuahua was left in a carrier hanging from their front doors."He's doing good," said Roshelle Anderson with OK Humane. "He was a little Chihuahua."Dog left on OK Humane Society's doors. (Image courtesy Roshelle Anderson.)Dog left on OK Humane Society's doors. (Image courtesy Roshelle Anderson.)Anderson said it's not clear how long the pup was there or who left him. However, he is now doing well. As Fourth of July nears, experts weigh in on how to care for pets during fireworks But Anderson said this story points to a bigger problem, especially now that many local animal welfare facilities are closing their doors due to the canine flu.The Oklahoma Humane Society is seeing more and more pets come to them, but they can't take them all in."We have an intake and it's already bursting at the seams," Anderson said. "Unfortunately, we aren't a shelter, so we can't take ...

'Smallville' actor Allison Mack released from prison for role in sex-trafficking case tied to cult-like group

Published Wed, 26 Feb 2025 20:55:00 GMT

The television actor Allison Mack, who pleaded guilty for her role in a sex-trafficking case tied to the cult-like group NXIVM, has been released from a California prison, according to a government website.Mack, best known for her role as a young Superman’s close friend on “Smallville,” was sentenced to three years behind bars in 2021 after pleading guilty two years earlier to charges that she manipulated women into becoming sex slaves for NXIVM leader Keith Raniere.Online records maintained by the Federal Bureau of Prisons said Mack, 40, was released Monday from a federal prison in Dublin, California, near San Francisco. Her release was first reported by the Albany Times-Union.Mack avoided a longer prison term by cooperating with federal authorities in their case against Raniere, who was ultimately sentenced to 120 years in prison after being convicted on sex-trafficking charges.Mack helped prosecutors mount evidence showing how Raniere created a secret society ...