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Stock market today: Wall Street drifts as the pressure keeps mounting from the bond market

Published Fri, 28 Feb 2025 11:43:45 GMT

NEW YORK (AP) — A sluggish day for stocks on Monday is keeping September on track to be the worst month of the year for Wall Street.The S&P 500 was virtually unchanged in midday trading, coming off its worst week in six months. The Dow Jones Industrial Average was down 99 points, or 0.3%, at 33,864, as of 11:11 a.m. Eastern time, and the Nasdaq composite was 0.1% higher.Stocks have struggled recently as the realization sinks in that the Federal Reserve will likely keep interest rates high well into next year. The Fed wants to ensure high inflation gets back down to its target, and it said last week it will likely cut interest rates in 2024 by less than traders expected. Its main interest rate is already at its highest level since 2001.A growing understanding that rates will stay higher for longer has pushed yields in the bond market up to their highest levels in more than a decade. That in turn makes investors less willing to pay high prices for all kinds of investments, particu...

Mali’s military government postpones a presidential election intended to restore civilian rule

Published Fri, 28 Feb 2025 11:43:45 GMT

BAMAKO, Mali (AP) — Mali’s military government has postponed a presidential election that was expected to return the West African nation to democracy following a 2020 coup, a government spokesperson said Monday.The presidential election scheduled for February 2024 is being delayed for “technical reasons” to allow the transitional government to review its election data and to address a new constitutional provision that would delay the second round of the vote, government spokesman Abdoulaye Maiga told reporters in Bamako, the capital city.“The transitional government specifies that the new dates for the presidential election will be communicated at a later date, following discussions with the Independent Election Management Authority (AIGE),” Maiga said.It is the second time that Mali’s military government – which emerged from two coups in 2020 – has postponed the country’s presidential election.Politicians in Mali criticized the decision, which could draw economic sanctions fr...

Ukraine claims attack on Russian navy headquarters in Crimea killed 34, including fleet commander

Published Fri, 28 Feb 2025 11:43:45 GMT

KYIV, Ukraine (AP) — The missile strike that blasted the Crimean headquarters of Russia’s navy last week killed 34 officers, including the fleet commander, Ukraine said Monday, though it provided no evidence to support its claim. Ukraine’s Special Operation Forces said on the Telegram messaging app that its strike on the main building of the Black Sea Fleet headquarters in the port city of Sevastopol had wounded 105 people. The claims could not independently be verified and are vastly different from what Russia has reported. Russia’s military announced the attack on the building and initially said one serviceman was killed but later said the person was not killed but missing. Moscow has provided no further updates.The Crimean Peninsula, which Russia illegally annexed from Ukraine in 2014, has been a frequent target since Russian President Vladimir Putin ordered a full-scale invasion of Ukraine 20 months ago. Crimea has served as the key hub supporting the invasion....

WGN's Jarrett Payton's viral video captures Travis Kelce, Taylor Swift leaving Arrowhead Stadium together

Published Fri, 28 Feb 2025 11:43:45 GMT

KANSAS CITY, Mo. — Kansas City Chiefs tight end Travis Kelce and pop star Taylor Swift were spotted together at Arrowhead Stadium stadium following Sunday's game.In a video captured by WGN TV's Jarrett Payton, Kelce and Swift could be seen walking side by side after the Chief's blowout win against the Chicago Bears. The video has gone viral and as of Monday morning, has over 10.9 million views.In his Twitter post, Payton said "Talk about being at the right place at the right time! Taylor Swift and Travis Kelce leaving Arrowhead together after the game."Talk about being at the right place at the right time! Taylor Swift and Travis Kelce leaving Arrowhead together after the game. #Bears #ChiefsKingdom #NFL pic.twitter.com/wrMoDszOme— Jarrett Payton (@paytonsun) September 25, 2023Payton joined WGN Morning News Monday to share the story behind his now viral video. The sports anchor said he was making his way out of the stadium and luck was on his side."As I started walking, the he...

'We complied': More North Side armed robberies reported

Published Fri, 28 Feb 2025 11:43:45 GMT

CHICAGO — More armed robberies occurred on the North Side late Sunday night in a span of under an hour.The first of the four robberies happened at around 11 a.m. in the 900 block of West Armitage. Police said a 42-year-old woman was walking on the sidewalk when four males exited a white SUV and took her purse at gunpoint.Around 15 minutes later, a 31-year-old man was robbed of his cell phone and wallet in the 1700 block of West Hubbard. At around 11:20 p.m., a couple was walking in the 600 block of West Armitage when they were robbed by the same group of their phones and a wallet.Nearly 20 minutes later in the 1400 block of North Halsted, a 27-year-old, who said she was walking home from a concert at the Salt Shed, was robbed with her boyfriend.One she saw the white SUV pull up on the wrong side of the street, the woman, named Maria, said she knew what was coming."Three guys got out, at least one of maybe two of them had guns," she said. "I had a purse, they took my purse — told my ...

Driver pleads not guilty in Vermont crash that killed actor Treat Williams

Published Fri, 28 Feb 2025 11:43:45 GMT

BENNINGTON, Vt. (AP) — A Vermont driver on Monday pleaded not guilty to a charge in the June crash that killed actor Treat Williams.Ryan Koss, 35, could be sentenced to up to 15 years in prison if he's convicted of gross negligent operation with death resulting.An investigation of the June 12 crash in Dorset concluded a vehicle pulled in front of Williams, who was riding a motorcycle and was unable to avoid a collision, Vermont State Police said.Koss was turning left into a parking lot in an Honda SUV when he collided with Williams’ oncoming motorcycle, police said. Williams, 71, of Manchester Center, was pronounced dead at Albany Medical Center in New York.Richard Treat Williams' nearly 50-year career included starring roles in the TV series “Everwood” and the movie “Hair.” He appeared in more than 120 TV and film roles, including the movies “The Eagle Has Landed,” “Prince of the City” and “Once Upon a Time in America.”Koss, the managing creative director of the Dorset Theatre Fest...

Cedric the Entertainer stops by WGN Morning News

Published Fri, 28 Feb 2025 11:43:45 GMT

CHICAGO — He's had a very versatile career, and you could say that he put on a few hats during his apperance on Channel 9 on Monday morning. Cedric "The Entertainer" Kyles was on WGN Morning News to talk with Dean Richards, Robin Baumgarten, and Dan Ponce about his career along with his event in Chicago on Monday.He'll be at the Harold Washington Cultural Center for a "Ced Talk" at 7 p.m., and took some time to discuss that event during his first segment on the show. Later, Cedric was outside with Dean as he did some cooking while showing off a few products that's he's brought out with AC Barbeque and 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. 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!

'Production is going to be significantly lower'; Texas pecan farmer worries about heat, drought, prices

Published Fri, 28 Feb 2025 11:43:45 GMT

SEGUIN, Texas (KXAN) -- At his farm 38 Pecans in Seguin, Mark Walls nervously inspects the 2,700 trees on his 500 acres of land. A vast majority are pecans, and dozens didn't make it.After a summer of brutal heat and drought, he's already found 59 mature trees that'll need to be removed, and another 38 trees younger than five years old that have died. The sign above the farm at '38 Pecans' in Seguin.While he's able to at least partially irrigate his trees, it doesn't make up for the lack of rain and long stretches of triple-digit temperatures. Walls talked with KXAN about the steps he's taking to keep his trees alive, and how the weather could impact pecan prices as the harvest season gets underway. Tom Miller: When we've had the heat and the drought like we've had this summer, what do you worry about when it comes to growing pecans?Mark Walls: Pecans need two things: they need to eat, and they need to stay protected. One of the things that we rely on the most is water, and managing...

At-home tricks to fix small dents in your car

Published Fri, 28 Feb 2025 11:43:45 GMT

AUSTIN (KXAN) -- After severe thunderstorms and hail blew through Central Texas late Sunday evening, some residents might have woken up this morning with cracked window shields, roof damage and, yes, dents in their cars.Here are some at-home tips and tricks to remove dents or dings from your vehicle, courtesy of used vehicle company Carvana.Grab a plungerFor any small to medium-sized round dents, a cup plunger can be your best friend. Pour out plenty of water on both the car and the plunger to help get a good seal going. From there, place the plunger over the dent and continue to push and pull until you hear or feel it pop out.Pour out some hot waterPut that tea kettle to good use and boil up some hot water to help remove any dents you might have on plastic portions of the car like a bumper. PHOTOS: Large, damaging hail pummels parts of Central Texas Once your water is boiling, pour it over the dented bumper. While wearing protective gloves, reach behind the bumper to help push ou...

Minnesota Wild make first training camp cuts

Published Fri, 28 Feb 2025 11:43:45 GMT

The Wild on Monday cut their training camp roster down to 46 players, and from three practice groups to two, trimming 13 from the players that have been working at TRIA Rink since Sept. 21.Forwards Hunter Haight, Servac Petrovsky and Rasmus Kumpulainen have been sent back to their junior teams in the Ontario Hockey League, and forward Riley Heidt and defenseman Kalem Parker have been sent back to the Western Hockey League.The Wild assigned forward Maxim Cajkovic and goaltender Hunter Jones to AHL Iowa, and released forwards Casey Dornbach and Louis Boudon, and defensemen Ben Brinkman and Landon Kosior from their amateur tryouts.Forward Brett Budgell, goaltender Peyton Jones and defenseman Brenden Miller have been released from professional tryouts. All nine will report to Iowa Wild training camp.