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Stock market today: Wall Street edges higher but still closes out its first losing week in 3

Published Tue, 24 Dec 2024 02:20:35 GMT

NEW YORK (AP) — Stocks drifted to a slightly higher close on Wall Street but still closed out their first losing week in the last three. The S&P 500 rose 0.1% Friday following three straight days of declines. The Dow Jones Industrial Average added 75 points, and the Nasdaq composite rose 0.1%. Treasury yields held relatively steady, helping to keep trading quiet. Strong reports on the economy earlier in the week sent yields higher and raised worries the Federal Reserve may keep interest rates higher for longer. High rates can slow inflation, but they hurt investment prices. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.NEW YORK (AP) — Stocks are drifting Friday, keeping Wall Street on track for its first losing week in the last three.The S&P 500 was 0.1% higher in afternoon trading following three straight days of declines. The Dow Jones Industrial Average was up 44 points, or 0.1%, at 34,545, as of 2:40 p.m. Eastern time, and the Nasdaq composite was 0.1%...

Denver weather: Rain and much cooler temperatures on the way

Published Tue, 24 Dec 2024 02:20:35 GMT

DENVER (KDVR) — Denver weather records added a 38th day at 90 degrees or higher on Friday. According to Pinpoint Weather, Colorado’s Most Accurate Forecast, a cooldown is coming along with much-needed rain. Possible rain totals from Sunday through Tuesday look good.Possible rain totals across Colorado from Sunday through TuesdayWeather tonight: Breezy and coolThere will be a few clouds across the area during the overnight hours. The wind will generally be from the south/southwest with speeds up to 15 mph at times.Temperatures will be pleasantly cool and mainly in the 50s east of the mountains. It will be a little chilly in mountain towns, with readings dipping into the 30s and 40s.Overnight lows by Saturday morning across ColoradoWeather tomorrow: Warm and breezySaturday will start off sunny across the state followed by increasing clouds. It will turn breezy in most locations with westerly winds picking up. Will it snow in Denver in September? Temperatures will be warm again,...

Revamped Chargers offense goes up against new-look Dolphins defense in opener

Published Tue, 24 Dec 2024 02:20:35 GMT

(AP) — Kellen Moore and Vic Fangio were two of the most prominent coordinators hired during the offseason. It also happens that they get to face each other in Week 1.The first test for Moore’s Los Angeles Chargers offense will come at home on Sunday against Fangio’s Miami Dolphins defense in a matchup of playoff teams from last season.“You tend to have one or two of these in a season. And certainly, this will be a huge challenge, because Vic is one of the best defensive coaches in our entire game,” said Moore, who came to the Chargers after four years directing Dallas’ offense. “There’s an element of projecting what happens at the beginning of the season because there’s a little bit of unknown.”The Chargers spent most of the offseason getting acquainted with Fangio’s system when he was Denver’s head coach from 2019-21, while the Dolphins watched video of Dallas’ offense to figure out how that will translate to Justin Herbert and company.Chargers coach Brandon Staley came into ...

South Florida chef teaches young adults with developmental disabilities at Arc Broward’s culinary program

Published Tue, 24 Dec 2024 02:20:35 GMT

It takes a lot of hard work and skill to work in a restaurant. That’s why a South Florida chef is helping some young adults cook up their own recipe for success. 7’s Karen Hensel has today’s 7 Spotlight.From the classroom to the kitchen, these students are learning what it takes to work in the restaurant industry. And one chef is making sure they cook up the best they have to offer.Chef Christian Velez: “So we’re definitely not just making peanut butter and jelly.”Chef Christian Velez spent years in the kitchen at one of South Florida’s most well-known hotels.Chef Christian Velez: “I was executive pastry chef at The Ritz-Carlton.”He knows how to work under pressure.Chef Christian Velez: “Oh, yes. Yes, I was previously on the Spring Baking Championship of Food Network.”Now, he’s going behind the scenes to help create the next generation of great chefs.He is the instructor for the Arc Culinary program, which is pa...

Rescue helicopter pilot says he heard bangs before fiery crash that killed 2, report says

Published Tue, 24 Dec 2024 02:20:35 GMT

FORT LAUDERDALE, Fla. (AP) — A pilot told investigators he heard a loud bang before a South Florida medical rescue helicopter caught fire in flight last month, leading to a crash that killed a paramedic and a woman on the ground, a federal report released Friday said.The twin-engine Broward County Fire-Rescue helicopter had just taken off from Pompano Beach Airpark on Aug. 28 when at about 400 feet (122 meters) pilot Daron Roche said he heard the bang, the National Transportation Safety Board’s preliminary report said. Then he saw on his control panel that one engine’s temperature was rising.He radioed air traffic controllers to tell them that he had an emergency and tried to return to the suburban Fort Lauderdale airport, the report said. The fire warning light had illuminated, so he activated the suppression system but the temperature gauge kept rising, Roche told investigators. Video taken by witnesses on the ground shows flames coming from the engine compartment followed b...

‘This is kind of a homecoming’: Tom Brady Sr. says whole family is looking forward to team’s tribute to the GOAT

Published Tue, 24 Dec 2024 02:20:35 GMT

Tom Brady will be back in Foxboro this weekend for a special ceremony honoring the legendary quarterback, and it’s an occasion the whole family’s looking forward to, according to his dad.Speaking with 7NEWS, Tom Brady Sr. said his son is excited to come back to where he started his career this Sunday as the New England Patriots play their home opener against the Philadelphia Eagles.“It’s going to be fun – this is kind of a homecoming, our roots are here in Foxboro,” Brady Sr. told 7’s Dan Hausle. “[Tom Brady] came to this town 24 years ago or so, a little wet behind the ears and became a man here and so, it’s pretty neat – we’re just so happy about it.”The iconic quarterback will be honored at halftime during a ten-minute ceremony, according to the Patriots organization. The team originally announced back in May that it planned to celebrate the player, months after he announced his retirement. “It’s ...

Douglas couple describes tree crushing their moving car, trapping them inside

Published Tue, 24 Dec 2024 02:20:35 GMT

A couple is describing the moment a tree crashed on top of their moving car in Douglas, smashing the windshield and hospitalizing one.The incident happened on South Street around 3 p.m. The couple inside the SUV had just picked up groceries and were about a mile from their home when a tree snapped and fell on top of their moving car.“All of a sudden I heard a tree making a cracking sound, and as soon as I heard it, I seen it coming upon us into the car, hitting us, crushing us inside the vehicle,” said Piedade Desousa.57-year-old Piedade Desousa and her 59-year-old husband Gil found themselves trapped. She said the windshield shattered and the airbags deployed.“It was just awful. I looked around, I couldn’t get out,” Piedade said. “I looked to the right the tree was blocking me, I looked to the left, he’s unconscious.”The tree had also pulled down powerlines, which were sparking around them. Piedade said she was scared the car might catch fire, so she climbed out and...

Severe storm threat tonight, storm chance this weekend

Published Tue, 24 Dec 2024 02:20:35 GMT

It’s been an active afternoon. Severe storms moved through with damaging wind, hail and heavy rain through Worcester, Middlesex and Essex counties early afternoon. The threat for severe storms continues through 11 p.m. with areas shaded in pink under that threat.You can see numerous storm reports within the past 24 hours. We’ve received many of your reports and pictures from trees down and quarter size hail. We’ve had the heat this week, and a front is in the process of dislodging that heat. In doing so it fired up storms today. The front will be slow to cross our region. For that reason, the thunderstorm risk continues this weekend. We’re also watching Hurricane Lee. Right now it’s a category 4 storm. The core of Lee is expected to stay well north of Leeward Islands this weekend. Dangerous surf and rip currents are expected to develop around the Western Atlantic through early next week. It’s still too early to determine its path beyond early nex...

In U.S., Canada’s ‘game plan’ for Trump all about stepping up the tempo of talks

Published Tue, 24 Dec 2024 02:20:35 GMT

WASHINGTON — Canada’s ambassador to Washington typically doesn’t get a whole lot of notice before the president of the United States makes a decision with the potential to reverberate beyond the country’s borders. But when President Joe Biden signed a measure to better ensure U.S. companies and workers reap the lion’s share of the benefits of American research and development, Kirsten Hillman had known about it for nearly two months.“They wanted to talk about it,” Hillman said — and in particular, make clear that it would have no impact on the “hundreds and hundreds” of bilateral collaborations that routinely happen between the two countries.  “They were the ones who reached out to us, to make sure that we understood that this wasn’t about affecting the way in which those projects take place.”Discussions ensued all through June, including an “explicit assurance” that the order would not inhibit any Canadia...

UN report says the world is way off track to curb global warming, but offers ways to fix that

Published Tue, 24 Dec 2024 02:20:35 GMT

With the world far off track on its 2015 pledge to curb global warming, a new United Nations report central to upcoming climate negotiations details how quickly and deeply energy and financial systems must change to get back on a safer path.“The window of opportunity to secure a livable and sustainable future for all is rapidly closing,” Friday’s report warned. The globe has to cut its emissions of heat-trapping gases by 43% by 2030, compared to 2019 levels, and 60% by 2035, the report said. To get there, the report said, “the phase-out of unabated fossil fuels is required,” using a phrase international climate negotiators have shied away from before. It also said phasing out the internal combustion engine would be a huge help.And the way money flows — such as investments, subsidies, loans, grants and payments for people and places hurt by warming’s extreme weather — also has to change, the report recommended. It said countries need to stop $450 billion in annual subsidies for...