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Stock market today: Wall Street drifts lower, still headed for best week since March

Published Thu, 27 Feb 2025 23:35:54 GMT

NEW YORK (AP) — Wall Street is drifting lower Friday, but it’s still heading for its best week since March. The S&P 500 was 0.1% lower in late trading. The Dow Jones Industrial Average was down 82 points, or 0.2%, at 33,454, as of 3 p.m. Eastern time, while the Nasdaq composite was 0.3% lower.Despite its weak Friday, the S&P 500 is still on track to break out of a long, listless stretch where it failed to move by 1%, up or down, for six straight weeks. It’s up 1.6% so far this week. Much of the strength has been due to rising hopes that Washington can avoid a potentially disastrous default on its debt.Democrats and Republicans are facing down a June 1 deadline, which is when the U.S. government could run out of cash to pay its bills, unless Congress allows it to borrow more. A default on its debt would likely mean a recession for the economy, and economists and investors both widely expect a deal to be made.But some of the hope ebbed Friday after a top negotiator for H...

Soleiman Faqiri’s family hopes November inquest into his death will offer answers

Published Thu, 27 Feb 2025 23:35:54 GMT

The family of a mentally ill man who died in an Ontario jail cell in 2016 expressed hope on Friday that a provincial inquest set to start later this year will provide answers about his death. Soleiman Faqiri died on Dec. 15, 2016, after being beaten, pepper sprayed and restrained face-down in a segregation cell at the Central East Correctional Centre in Lindsay, Ont., where the 30-year-old was held awaiting a medical evaluation at a psychiatric facility. Faqiri’s elder brother Yusuf said Ontario’s chief coroner’s office notified the family that an inquest will begin on Nov. 20 to examine the circumstances surrounding Soleiman’s death.He said his family will finally get to learn details of what happened during the 11 days that his brother spent in jail before his death. “Why was he there for 11 days? What was happening to him in those 11 days? Why weren’t we able to see him?… My family went to Lindsay four times. We were not able to see him,&...

UN envoy reportedly meeting Russian official accused of war crimes for deporting Ukrainian children

Published Thu, 27 Feb 2025 23:35:54 GMT

UNITED NATIONS (AP) — The U.N. envoy charged with trying to protect children caught in conflicts is in Moscow, where she is reported to be meeting Russia’s children’s rights commissioner, who is charged with war crimes for deporting children from Ukraine. Human Rights Watch strongly criticized Virginia Gamba’s reported meeting with Maria Lvova-Belova, saying the Russian commissioner should be behind bars and not meeting with senior U.N. representatives.“It’s hard to imagine any circumstance that would justify Gamba meeting with a suspected war criminal, when there are clearly other officials she could meet with instead,” Balkees Jarrah, associate director of the group’s International Justice Program, said. U.N. associate spokesperson Stephanie Tremblay did not confirm that Gamba was meeting with Lvova-Belova while in Moscow. Pressed on whether there was anyone else Gamba could meet with, Tremblay replied: “Her role is really to do everything she can to improve the protection of chil...

Prominent NYC-based pastor and best-selling author Timothy Keller dies at 72

Published Thu, 27 Feb 2025 23:35:54 GMT

Timothy Keller, a pastor and best-selling author who founded the influential Redeemer Presbyterian Church in New York City, died this morning at home after three-year bout with pancreatic cancer. He was 72.His family announced that he had been in hospice care, and that he died with his wife of 48 years, Kathy, by his side.Keller and his family launched Redeemer in 1989, and the congregation went on to welcome more than 5,000 attendees across its multiple locations each week.A new evangelical church in Manhattan filled with young adults was unique in a city known more for its secularism and the Gothic spires of its older sanctuaries. But Keller was passionate about evangelizing to people in cities, and his ministry would go on to help start 1,000 churches in 150 other cities around the world.Keller became an evangelical Christian in college, and he was ordained in the Presbyterian Church in America in 1975. Active in the so-called New Calvinist movement, Keller brought a gentleness t...

Oregon police investigate multi-vehicle crash that killed 7 on Interstate 5

Published Thu, 27 Feb 2025 23:35:54 GMT

ALBANY, Ore. (AP) — Authorities were investigating one of Oregon’s deadliest crashes in recent years on Friday, a day after seven adults were killed and multiple people were seriously hurt in the multi-vehicle collision on Interstate 5 in the western part of the state.Two semitrucks and a passenger vehicle were involved in the Thursday afternoon crash near Albany in an agricultural area in Oregon’s Willamette Valley, state police said.The names of the dead, the number of people injured and the cause of the collision have not yet been released.The northbound lanes of I-5 were closed for hours as experts investigated but were reopened Thursday night, state transportation officials said.Bodies were covered in plastic in a nearby field, the Albany Democrat-Herald reported. Police and fire officials put a blue tarp on the wrecked van and placed a barrier near one of the trucks to block the view of the scene, according to the news outlet.The passenger vehicle appeared to be a ...

DeSantis meets New Hampshire lawmakers, greets voters ahead of expected 2024 announcement

Published Thu, 27 Feb 2025 23:35:54 GMT

CONCORD, N.H. (AP) — Chatting with a mom in a New Hampshire diner on Friday, Florida Gov. Ron DeSantis paid no attention to the Mickey Mouse shirt worn by her young son. But the woman said she has been paying attention to him.“If DeSantis announced a campaign to run for president I would probably vote for him over anybody else,” Jillian Sybert, of Deerfield, said later.DeSantis made the swing to the early voting state as he prepares to launch a 2024 Republican presidential campaign. He spent the morning meeting with state GOP lawmakers still licking their wounds a day after the New Hampshire House rejected a bill that would have required school officials to inform inquiring parents if their child was using a different name or being referred to as a different gender.Republicans hold a razor-thin majority in the 400-member House, but Democrats had a one-vote edge in attendance for Thursday’s session.In contrast, GOP supermajorities in the Florida Statehouse have helped DeSantis push t...

14-year-old boy arrested after armed robbery in Brampton

Published Thu, 27 Feb 2025 23:35:54 GMT

A 14-year-old boy has been charged, and another suspect is wanted following an armed robbery at a retail marketplace in Brampton.Peel Regional Police said two suspects, one armed with a handgun, entered a store near Bramalea Road and Clark Boulevard. It’s alleged that they made a demand for cash.Police said the pair fled the scene on foot with stolen cash. The store employees did not sustain any physical injuries.Several hours later, investigators located one suspect in the area of Kings Cross Road in Brampton. After a brief foot pursuit, police said the suspect was taken into custody. A replica firearm was located, along with stolen property from the store.A 14-year-old boy was arrested and held for a bail hearing. He’s facing three charges, including robbery, using an imitation firearm and disguise with intent.He was not identified through the province’s Youth Criminal Justice Act.Investigators said the second suspect remains wanted and that further charges could...

Medal of Honor recipient missing 73 years to be buried Memorial Day

Published Thu, 27 Feb 2025 23:35:54 GMT

ANDERSONVILLE, Ga. (AP) — A Memorial Day burial is planned for a U.S. Army soldier and Medal of Honor recipient whose remains were identified nearly 73 years after he went missing during the Korean War. Cpl. Luther H. Story’s remains will be buried on the May 29 holiday at Andersonville National Cemetery near his hometown of Americus, Georgia, the Army said in a statement Friday. President Joe Biden announced last month that scientists had positively identified Story’s remains. The news coincided with a Washington visit by South Korean President Yoon Suk Yeol.The 19-year-old Story had been missing since Sept. 1, 1950. The wounded corporal was last seen fighting off North Korean attackers so that his fellow soldiers could reach safety. His Medal of Honor citation says Story remained behind knowing his injuries would slow down his fellow soldiers.“When last seen he was firing every weapon available and fighting off another hostile assault,” the citation says.Story wa...

Official: Suspected gang members kill Haitian policeman amid spike in violence

Published Thu, 27 Feb 2025 23:35:54 GMT

PORT-AU-PRINCE, Haiti (AP) — Suspected gang members ambushed a group of policemen, set their armored vehicle on fire and killed one officer in the latest attack against Haiti’s National Police force, authorities said.The attack occurred late Wednesday in the community of Source Matelas, north of the capital of Port-au-Prince, police said.“This criminal act is beyond reprehensible and will not go unpunished,” Haiti’s National Police said in a statement Thursday, adding that officers will not be intimidated.A video circulating on social media showed the policeman’s body while alleged gang members mention the name Izo, leader of the “5 Seconds” gang, as one of them posed with the victim.Also Wednesday, unidentified assailants opened fire on a car carrying anti-corruption judge Jean Wilner Morin, who survived the attack. Haiti’s Communications Ministry said Friday that the attack occurred in the upscale suburb of Petionville. The agency describing it as “heinous and criminal”...

Jim Brown, Pro Football Hall of Famer, dies at 87

Published Thu, 27 Feb 2025 23:35:54 GMT

CLEVELAND — The National Football League and its fans are mourning the death of one of the greatest running backs to ever play the game.Jim Brown, a Pro Football Hall of Famer with the Cleveland Browns, has died at the age of 87, per the Associated Press.Check back with WGNTV.com for more on this story.