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Stock market today: Wall Street drifts toward the close of its first losing week in the last 10

Published Fri, 07 Feb 2025 04:34:17 GMT

NEW YORK (AP) — Wall Street is closing its first losing week since Halloween with a listless performance Friday following reports showing workers are getting bigger raises but key parts of the economy still don’t look like they’re overheating. The S&P 500 was 0.1% lower in late trading after flipping between small gains and losses through the day. It’s on track for its first losing week in the last 10 after roaring into 2024 on hopes that inflation and the overall economy are cooling enough for the Federal Reserve to cut interest rates sharply through 2024. The Dow Jones Industrial Average was down 52 points, or 0.1%, with an hour remaining in trading, and edging a bit further from its record set early this week. The Nasdaq composite was 0.1% lower.Treasury yields swung sharply in the bond market following the economic reports. They initially climbed after the latest monthly jobs report showed U.S. employers unexpectedly accelerated their hiring last month. Average hourly ...

Demanda contra bancos de EEUU alega que negaron préstamos a beneficiarios de DACA

Published Fri, 07 Feb 2025 04:34:17 GMT

Una organización nacional latina de derechos legales y civiles ha demandado a instituciones financieras por supuestamente implementar políticas que discriminan a los beneficiarios elegibles de DACA al negarles préstamos y otros servicios basados en su estatus migratorio, según 10 demandas presentadas en los últimos siete años.El Fondo México-Americano para la Defensa Legal y la Educación, más conocido como MALDEF, presentó sus dos demandas más recientes la semana pasada.“Es un gran problema”, dijo Thomas Sáenz, presidente y consejero general de MALDEF, en una entrevista con NBC News el jueves. Además de las demandas que ya han presentado, MALDEF está investigando “al menos media docena más” de casos similares. “Cada vez que presentamos uno de estos casos, nos contacta gente diciendo: ‘Oye, esto me pasó en otro banco o cooperativa de crédito’”.Casi 580,000 adultos jóvenes indocumentados, muchos de ellos latinos, que llegaron a Estados U...

Shia LaBeouf converts to Catholicism after being confirmed at New Year’s Eve Mass

Published Fri, 07 Feb 2025 04:34:17 GMT

Actor Shia LaBeouf has converted to Catholicism after being confirmed on New Year’s Eve at a Mass presided over by Capuchin Franciscan friars.The Capuchin Franciscans-Western American Province announced the news on its Facebook site where it posted images of a smiling LeBeouf receiving Communion, kneeling with his eyes shut in prayer at Mass and hugging friars who attended the ceremony.The sacramental ceremony was held at Old Mission Santa Inés Parish in Solvang, California, the same friary where LaBeouf trained for months for his role as one of Italy’s best-known and most revered saints in the 2022 film, “ Padre Pio.” “The Capuchin Franciscan friars are overjoyed to welcome him into the fold and witness his deep commitment to his faith journey,” the Catholic religious order said.LaBeouf “has embarked on a profound spiritual journey that has led him to embrace the teachings of the Catholic Church,” the order said. “His decision to fully enter the Church is a testament to his s...

'Top Chef' winner to open restaurant in Denver

Published Fri, 07 Feb 2025 04:34:17 GMT

DENVER (KDVR) -- Award-winning chef Hosea Rosenberg announced he is opening a new Blackbelly restaurant in Denver next month.Rosenburg is originally from Taos, New Mexico, but he studied engineering physics at the University of Colorado. While in college, According to Slow Food Nations, he found a new passion in the culinary industry. Denver foodie: Some local restaurants that won awards, made headlines in 2023 He landed his first chef position in 2001, was an executive chef by 2004 and went on to win Bravo TV's Top Chef Season 5 in 2009.His company, Blackbelly, launched in 2011 as a catering business. It grew with a small farm, a food truck, a full-service restaurant and bar in 2014, and Boulder's only whole animal artisanal butcher shop in 2016.In February 2024, Blackbelly will open its first outpost in Denver at 4324 W. 41st Ave. The space was formerly Il Porcellino Salumi, but Rosenburg said owner Bill Miner is shifting his focus to wholesale and handed the space off to be the...

6 displaced after overnight fire ignites at Fort Lauderdale duplex

Published Fri, 07 Feb 2025 04:34:17 GMT

Firefighters battled fierce flames at a duplex after a fire ignited in the middle of the night, leaving half a dozen residents without a place to call home.Fort Lauderdale Fire Rescue units responded to the scene of the blaze in the area of Southwest Seventh Street and Ninth Terrace, just after 2 a.m., Friday.Officials said the firefight was difficult due to how the structure was built, with wood frame construction fueling the flames. It took crews about an hour to bring the fire under control.Six people now need a new place to live.As of Friday afternoon, the cause of the fire is not yet known.

Here’s what the Supreme Court faces as justices discuss Trump’s eligibility

Published Fri, 07 Feb 2025 04:34:17 GMT

(CNN) — The US Supreme Court is now confronting an election case of unparalleled weight that will determine Donald Trump’s prospects to regain the White House and influence public regard for an increasingly embattled court.The new controversy from Colorado arrives as the nine justices face more scrutiny and the country is more polarized than in 2000, the last time the court was at the center of a presidential election battle, in the case of Bush v. Gore.The justices’ handling of the fight over Trump’s disqualification from the Colorado ballot – the first moves of which might be made on Friday – could intensify the tumult surrounding them or, in the end, give them an opportunity to inspire confidence regarding the norms of democracy as the 2024 elections approach.All nine justices looked relaxed as they took the bench for the first time this year on Friday morning.They sat for roughly 10 minutes to accept new members to the Supreme Court bar, smiling as individual lawyers stood to be...

Winter storm warning, watch issued as region braces for season’s first significant snowstorm

Published Fri, 07 Feb 2025 04:34:17 GMT

The National Weather Service on Friday upgraded its previous winter storm watch for much of New England, issuing a winter storm warning ahead of expected heavy snow this weekend. Now forecast to begin moving into the region Saturday evening, the storm is expected to continue overnight and through much of the day Sunday before winding down and pulling out of the region. As of Friday afternoon, the storm is forecast to be a largely all-snow event north and west of Route 128, with a mix of rain and snow to the east and south. A flash freeze is then possible Sunday afternoon as temperatures are forecast to plummet. When all is said and done, areas including the South Coast, South Shore, Cape Cod and could receive between one and three inches of snow. Boston could get three to four inches.Snow totals are expected to climb further east, with six to nine inches of snow possible between Route 128 and I-495.Areas around Worcester, Fitchburg and southern New Hampshire could see anyw...

WATCH: Storm brings snow in Arkansas, Kansas, Texas on its way toward New England

Published Fri, 07 Feb 2025 04:34:17 GMT

The storm expected to bring up to a foot of snow to parts of New England this weekend continued its trek across the country Friday, blanketing communities in Arkansas, Kansas, Texas and beyond. In Sherwood, Arkansas, just northeast of Little Rock, video showed big snowflakes coming down. The National Weather Service said snow started to accumulate in the area Friday morning. A winter weather advisory was in place and officials said between one and two inches of total snowfall was possible. In Wichita, Kansas, crews were spotted clearing runways and other areas at the city’s airport Friday. Though several inches of snow was possible, officials at the airport said they were experiencing minimal disruptions as of Friday afternoon. Further south, in Texas, wind and snow already swept through parts of the Texas Panhandle Thursday, leaving a layer of snow in Amarillo. A winter weather advisory was in effect through Friday morning and the National Weather Serv...

Preparations continue as winter storm approaches New England

Published Fri, 07 Feb 2025 04:34:17 GMT

Preparations continued Friday ahead of a winter storm that is expected to drop up to a foot of snow on some New England communities this weekend. As of Friday afternoon, updated forecasts project deteriorating conditions Saturday evening. Snow is expected to then linger through part of the day Sunday before tapering off.Eyeing forecasts, members of the public have been heading to supermarkets and hardware stores while public officials have finalized preparations at DPW yards and other facilities.“I’m already stocked up because I just generally do that,” said shopper Victoria Ingram-Rubin at a supermarket in Worcester. “…We’re just ready to enjoy it.”The largest snow totals are expected in areas around Worcester, Fitchburg and southern New Hampshire, where between nine and 12 inches of snow could pile up. Though totals will likely be lower than central Massachusetts accumulation, Boston itself could still see between three and four inches, according to forecasts on Fr...

Storm brings snow, mix and wind Saturday evening through Sunday

Published Fri, 07 Feb 2025 04:34:17 GMT

The big weather talker of the week, our weekend winter storm, is almost here. It will bring us snow, a mix and wind Saturday evening through Sunday. Some locations could get over half a foot of snow. A closer look at the map giving you a tour of the expected snow accumulations is below. Keep in mind these will be the totals as of Sunday evening.The biggest impact will be from the heavy snow accumulations creating travel disruption. For that reason, western, central and northeast Mass (shaded in pink below) were upgraded to a Winter Storm Warning. This runs Saturday afternoon through late Sunday night. The city of Boston and south along the I-95 corridor is still under a Winter Storm Watch. The storm has sped up on its arrival time. We want to point out that travel could be tricky Saturday night for areas north and west as the snow accumulates. Conditions will be poor away from the coast Sunday morning through midday. There will be gusty wind especially along the coast. That combined...