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Stock market today: Wall Street wobbles as the Fed is still uncertain about more hikes to rates

Published Wed, 25 Dec 2024 08:21:50 GMT

NEW YORK (AP) — Wall Street is wobbling Friday after the head of the Federal Reserve said it’s still uncertain where interest rates are heading. The S&P 500 was 0.4% lower in midday trading after flipping between small gains and losses a few times. The Dow Jones Industrial Average was down 46 points, or 0.1%, at 34,052, as of 11 a.m. Eastern time, and the Nasdaq composite was 0.6% lower. In a highly anticipated speech, Fed Chair Jerome Powell said again that it will make upcoming decisions on interest rates based on what incoming data reports say about inflation and the economy, and he made no promises about what’s coming next. Wall Street had the speech circled on calendars because it was hoping Powell would say the Fed was done with its hikes to interest rates, which grind down inflation at the cost of slowing the economy and hurting prices for investments.Powell instead said the Fed may raise interest rates again, if needed. Even though inflation has come down fro...

Trump mug shot makes history after surrender at Fulton County Jail

Published Wed, 25 Dec 2024 08:21:50 GMT

Former President Trump became the first U.S. president in history, past or present, known to have his mug shot taken – a stipulation of his surrender at the Fulton County, Ga., Jail on Thursday evening following a fourth criminal indictment this year.The indictments were also a first as Trump became the only American president to face criminal charges, which have now reached 91 counts altogether.Fulton County officials released Trump’s mug shot after he surrendered to the local jail, joining a handful of other defendants also named in the case. Despite it being his fourth indictment, it was the first time Trump had his mug shot taken, which was released publicly. He was not required to take mug shots the three other times he surrendered to authorities in other cases he faces, two of which are federal.The state case in Georgia involves 19 defendants total, who have been charged with a criminal conspiracy to overturn Trump’s 2020 election loss to then-candidate Joe Biden.The mug ...

Suburban man accused of battering pregnant woman

Published Wed, 25 Dec 2024 08:21:50 GMT

MOUNT PROSPECT, Ill. — A suburban man was arrested after being accused of battering a pregnant woman.On Sunday at around 3:20 a.m., police responded to a 7-Eleven in the 800 block of West Oakton, located in Des Plaines, on the report of a domestic battery at a nearby Mount Prospect apartment complex.At the scene, officers learned that Antony Hernandez, 33, allegedly battered a pregnant woman multiple times. During the investigation, officers allege that he threatened the woman with a loaded firearm.Police said cocaine was found on Hernandez during a search. He was charged with two counts of aggravated battery, domestic battery, unlawful possession of weapons by a felon and unlawful possession of a controlled substance with intent to deliver.

Man found shot dead in driver's seat in Back of the Yards

Published Wed, 25 Dec 2024 08:21:50 GMT

CHICAGO -- A man was found shot dead the driver's seat of a car in Back of the Yards early Friday morning. Police said the 20-year-old man was found unresponsive in the 4400 block of South Hermitage Avenue around 4:39 a.m. He sustained multiple gunshot wounds to the body and was pronounced dead on the scene. Suburban man accused of battering pregnant woman There were no other injuries reported and the incident remains under investigation.

Robin's List: Old shows I've rediscovered on streaming

Published Wed, 25 Dec 2024 08:21:50 GMT

Grab a glass of red with some ice cubes, Robin's got a list of old shows she's rediscovered on streaming.Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.

Carlos Santana issues apology for anti-trans remarks on stage

Published Wed, 25 Dec 2024 08:21:50 GMT

(KTLA) -- Guitar legend Carlos Santana has issued an apology for recent controversial comments he made during one of his concerts. On Thursday, a video surfaced of Santana going on a bit of a rant during a concert last month in Atlantic City, New Jersey. Many felt his words were offensive to those in the transgender community. “When God made you and me, before we came out of the womb, you know who you are and what you are. Later on, when you grow out of it, you see things, and you start believing that you could be something that sounds good, but you know it ain’t right," he said on stage. "Because a woman is a woman and a man is a man. That’s it. Whatever you wanna do in the closet, that’s your business. I’m OK with that.”Carlos Santana performs at the BottleRock Napa Valley Music Festival in Napa, Calif., on May 26, 2019. (Photo by Amy Harris/Invision/AP, File)The clip was seen across several outlets, including Consequence of Sound.Following the backlash of these comments, th...

Watch: Florida man injected opioid 'chemical agent' under family's door, police say

Published Wed, 25 Dec 2024 08:21:50 GMT

TAMPA, Fla. (WFLA) — After moving into their new condominium in June 2022, Umar Abdullah and his expectant wife were ready to welcome their daughter. They met their neighbors, and soon enough, a newborn was kicking around the place.Shortly thereafter, his downstairs neighbor, Xuming Li, began texting him, complaining of noises from upstairs. In texts shared with Nexstar's WFLA, Li said he couldn't sleep, and could hear the toilet seat being moved.After months of back and forth between the two men, Abdullah and his family began experiencing grogginess, sickness and vomiting."I look at my daughter," Abdullah said. "Her eyes were full of tears. She was not crying, but her eyes were full of tears." Florida woman pocketed $50G in altered checks and ‘stolen dental crowns’ from employer: police Abdullah said a friend of his first smelled the chemicals when she went to bring in a package while Abdullah was on vacation. When the family returned, they said smelled it too. Though some d...

Dean's Reviews: 'Gran Turismo'

Published Wed, 25 Dec 2024 08:21:50 GMT

Check out Dean's Reviews on 'Gran Turismo.'Get Dean's reviews and A-List interviews delivered right to your inbox. Sign up for Dean's Downloads weekly newsletter. You'll also get his Dean Cooks recipes too!

Costco offering refunds on Kirkland vodka following complaints over taste, smell

Published Wed, 25 Dec 2024 08:21:50 GMT

(NEXSTAR) – Costco has removed multiple lots of its popular Kirkland-brand vodka from shelves amid allegations that the spirit is leaving a bad taste in customers’ mouths.In an email sent to customers last week (and shared to Reddit), Costco admitted that recent batches of Kirkland Signature American Vodka sold between June 12 and Aug. 10, 2023, did not meet the company's standards for quality.“It has come to our attention that the taste profile of units marked with certain lot codes may not have met the expected profile normally consistent with this product,” reads a statement shared with Nexstar, and also included in the email. “While not a food safety issue, this does not meet our quality expectations.” Costco crackdown: Can people in my household still use my Costco membership? The email appeared to indicate that Kirkland Signature American Vodka bearing any of 27 different lot codes was affected by the quality issue. (A representative for Costco did not provide the affected l...

Celebrate International Bat Night at Grafton Lakes State Park

Published Wed, 25 Dec 2024 08:21:50 GMT

GRAFTON, N.Y. (NEWS10) --Are you curious to learn about the small nocturnal creatures that are masters of echolocation? If you are, head to Grafton Lakes State Park on Sunday, August 27, to celebrate International Bat Night! Get the latest news, weather, sports and entertainment delivered right to your inbox! The fun night will be split into two programs. From 4:30 to 6 p.m., there will be a campfire chat for kids. Participants will learn about the many adaptations bats have while snacking on s'mores. Registration is required, and the program costs $5 per person.There will be a bat walk from 6:45 to 8:15 p.m. Participants will take a walk outdoors to see the bats that inhabit the local environment. Registration is required, and the program costs $5 per person.To register for either or both programs, call (518) 791-1155.