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Federal Reserve leaves interest rates unchanged, though experts still foresee hikes

Published Tue, 25 Feb 2025 02:21:23 GMT

WASHINGTON (Nexstar) – After the Federal Reserve meeting on Wednesday, interest rates will remain stable, at least for now.The Federal Reserve may not be raising interest rates, but officials say more hikes could still be ahead.Fed. Chair Jerome Powell said his agency already raised rates significantly, and has “decided to leave our policy interest rate unchanged.”“The full effects of our tightening have yet to be felt,” he said.Greg McBride of Bankrate.com says rate hikes work like the brakes on a car.“At this point, their foot is pretty far down on the brake pedal, even if they don't push the brake pedal further to the floor, the car is still going to slow down pretty mightily,” he said.McBride said that slowing the economy helped inflation fall to 3.7%.“They want to raise rates high enough to get inflation down to 2%,” he said. “But they don't want to raise it so much that the economy tumbles into a recession.”So far, despite the rapid interest rate hikes, the economy has defied ...

Texas Rangers win first World Series title with 5-0 win over Diamondbacks

Published Tue, 25 Feb 2025 02:21:23 GMT

PHOENIX (AP) — Nathan Eovaldi pitched six gutsy innings, Mitch Garver broke a scoreless tie with an RBI single in the seventh and the Texas Rangers are World Series champions for the first time in their 63-year franchise history after beating the Arizona Diamondbacks 5-0 in Game 5 on Wednesday night.Marcus Semien homered late and the Rangers, held hitless for six innings by Zac Gallen, finished a record 11-0 on the road this postseason by capping the Fall Classic with three straight wins in the desert.One night after Texas took a 10-run lead by the third in a Game 4 snoozer, it finished the Series by outlasting the Diamondbacks in a white-knuckle pitchers' duel through eight innings, piling on four runs in the ninth for good measure.Texas Rangers' Mitch Garver celebrates after a RBI single against the Arizona Diamondbacks during the seventh inning in Game 5 of the baseball World Series Wednesday, Nov. 1, 2023, in Phoenix. (AP Photo/Brynn Anderson)Texas Rangers starting pitcher Natha...

Texas Rangers win first World Series title with 5-0 win over Arizona Diamondbacks in Game 5

Published Tue, 25 Feb 2025 02:21:23 GMT

PHOENIX (AP) — Nathan Eovaldi pitched six gutsy innings, Mitch Garver broke a scoreless tie with an RBI single in the seventh and the Texas Rangers are World Series champions for the first time in their 63-season franchise history after beating the Arizona Diamondbacks 5-0 in Game 5 on Wednesday night.Marcus Semien homered late and the Rangers, held hitless for six innings by Zac Gallen, finished a record 11-0 on the road this postseason by capping the Fall Classic with three straight wins in the desert. In his first season with Texas, manager Bruce Bochy won his fourth title 13 years to the day after his first, which came in 2010 when the Giants beat the Rangers. He also won it all with San Francisco in 2012 and 2014.“I was sitting in a recliner there in Nashville, just enjoying myself,” said the 68-year-old Bochy, who came out of retirement to take over the Rangers.One night after Texas took a 10-run lead by the third in a Game 4 snoozer, it finished baseball's third all-wild card...

Dentists hold candy buyback for service members

Published Tue, 25 Feb 2025 02:21:23 GMT

EAST GREENBUSH, N.Y. (NEWS10) -Lapinski Dental is taking candy from willing kids and adults. Not just to prevent cavities, but to give back to troops overseas. No tricks are being used to get these donations in.The dental office has a history of celebrating and fundraising, most recently with their office pumpkin carving contest. The dentists are following this up with their candy buyback program."For the last ten years, our office has been participating in some sort of buyback program. Four years ago, we partnered with the Blue Star Moms," said Dr. Caley Barile, DMD. Razzano’s Fright for Hunger spooks for 20 years Dr. Barile explained the two groups work together to send candy to service members who cannot spend the season with family. "We’ve had a lot of really generous donations both from patients but also from the community, particularly the local elementary schools. Truckloads of donations to help participate."Some of the troops who end up getting the candy happen to be ...

After latest hit-and-run, aldermen consider installing more traffic humps around St. Louis

Published Tue, 25 Feb 2025 02:21:23 GMT

ST LOUIS – An elderly man was struck by a car in broad daylight after the vehicle failed to stop. Moments later, the vehicle fled, leaving the injured man in the middle of the intersection. City lawmakers are now pushing for several traffic-calming measures due to a staggering number of hit-and-runs occurring in the city this year alone.According to Sgt. Charles Wall, St. Louis Metropolitan Police Department, of the 12,025 crashes that have been recorded this year so far, 4,598 of them involved someone who left the scene."I'm standing right in front of her in the middle of the crosswalk, for Pete's sake," Stephen Marx, the long-time owner of Marx Hardware, said.Marx was also the victim of a hit-and-run late Tuesday afternoon.Marx was walking on the crosswalk at 14th Street and St Louis Avenue, as he does every day. But around 5 p.m., he was struck by someone who rolled through the stop sign. Florida kidnapping victims rescued from downtown St. Louis hotel "I went flying and spun a...

School bus driver on leave after Halloween candy cannabis scare

Published Tue, 25 Feb 2025 02:21:23 GMT

GRANITE CITY, Ill. – Two Granite City parents contacted FOX 2 after they said their children came home from school on Halloween with bags advertising cannabis edibles. They said their kids told them a district bus driver gave them the bags, which had candy inside.Granite City police said it does not appear that the candy contained cannabis, but they are waiting on crime lab results for verification.The bags, which read “Blow Pops” on the front, also feature a marijuana leaf and a warning. The back clearly states "edibles" and lists “cannabis oil” under its ingredients. It also states, “keep away from children.”Courtesy: Samantha BeavinThe apparent mix-up has Samantha Beavin upset. Her 9-year-old son, Leo, was one of the three students on the bus to receive one of the edible bags.“It is an edibles package,” Beavin said. “It literally says it across the packaging.”Beavin said her son rides the special needs bus daily. She said when he got home from school on Tuesday, he showed her the...

Florida kidnapping victims rescued from downtown St. Louis hotel

Published Tue, 25 Feb 2025 02:21:23 GMT

ST. LOUIS - It’s scary to think of the trouble that can be right in our midst, with most of us having no idea. Two women kidnapped from Florida end up being held captive at a hotel in downtown St. Louis, according to police.St. Louis police credit hotel staff for assisting officers to put an end to the frightening ordeal and say the case is sparking concerns about possible human trafficking.Around 11:30 a.m. Saturday, police received a rather bizarre call from the staff at the Hampton Inn at 333 Washington Avenue.Two women from Florida reportedly told hotel staff that they were being held captive in one of the rooms.The women, ages 21 and 36, told officers that their captors told them they were needed for a “moving” job in Florida about 10 days ago. They were instead driven to the Atlanta area and then to St. Louis, frightened about what might be next.Police did not say how long they were held at the hotel. Close Thanks for signing up! Watch for us in your ...

$1 home now occupied by elder fraud defendant, relatives

Published Tue, 25 Feb 2025 02:21:23 GMT

ST. LOUIS – Relatives of an elder fraud suspect are still living in the home the feds say was taken for just $1. The defendant, Gino Rives, had an unusual response to his recent guilty plea.Rives walked out of federal court Wednesday after a judge said he could remain out on bond until he’s sentenced next March. He pleaded guilty earlier this week to financially exploiting two elderly victims.“I didn’t do nothing wrong. God knows the truth,” he said. “That’s all I feel good about saying: God knows the truth.”Why did Rives plead guilty?“I had to,” he said.The feds say the truth is what he admitted in the courtroom.“The thing that stood out the most was how he attracted individuals; how he attracted his victims,” federal prosecutor Tracy Berry said. “By going to their homes, by pretending he was a handyman, by gaining their trust, and these were individuals who didn’t have family members.” Florida kidnapping victims rescued from downtown St. Louis hotel Like on Dorisann Court in Aff...

The search for would-be Ladue carjackers

Published Tue, 25 Feb 2025 02:21:23 GMT

LADUE, Mo. - Ladue police are searching for at least three men who tried to carjack a woman in front of her home."It has to be terrifying for that victim. Law enforcement, we unfortunately see these types of crimes, but it scares us," Chief Ken Andreski, Ladue Police Department, said.He said it was an unusual Wednesday afternoon—an attempted carjacking and calls about shots fired near Ladue Ridge Road."We believe what occurred was an attempted carjacking with three or four suspects," Andreski said.Police are searching for a gray minivan with a rear window covered by either a brown towel or cardboard, the chief said, adding that the men fired a shot into the victim's car. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily News SIGN UP NOW "We located one casing inside the veh...

Second-ever case of local dengue fever reported in Southern California

Published Tue, 25 Feb 2025 02:21:23 GMT

Long Beach health officials confirmed the city’s first case of locally-acquired dengue fever on Wednesday.The virus is a mosquito-borne disease that is typically connected to those who have traveled outside of the country.Long Beach’s case marks the state’s second locally-acquired case without travel. The first-ever case was confirmed in October 2023 after a Pasadena resident contracted it and was hospitalized.Both the Long Beach and Pasadena residents had no history of traveling to a region where dengue is common, officials said. Both patients have since recovered and no other suspected cases have been identified, health officials said.Dengue is a disease caused by a virus that spreads through mosquito bites, according to the L.A. County Department of Health.“When a mosquito bites someone with dengue virus in their blood, that mosquito can then spread the virus to others,” city officials said.Most people who are infected with the dengue virus have no symptoms, but about 1 in 4 infe...