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Stock market today: Wall Street slips ahead of a highly anticipated speech from the Federal Reserve

Published Mon, 16 Dec 2024 20:50:48 GMT

NEW YORK (AP) — Stocks are slipping on Wall Street Thursday, despite a blowout profit report from one of its most influential companies, after a couple mixed reports on the U.S. economy. The S&P 500 was 0.4% lower in midday trading after flipping from an earlier gain. It’s still on track for a winning week, which would trim its loss for what’s been a dismal August. The Dow Jones Industrial Average was down 83 points, or 0.2%, at 34,389, as of 11 a.m. Eastern time, and the Nasdaq composite was 0.7% lower.Nvidia was in the spotlight after it reported much stronger profit and revenue for the latest quarter than expected. That raised hopes that this year’s frenzy on Wall Street around artificial-intelligence technology isn’t just hype.Nvidia first stunned the market three months ago when it said the quick adoption of AI would send its revenue soaring in the three months through July. Its sales came in even better than forecast, at $12.51 billion, and the company gave a f...

TTC says Scarborough Line 3 will not resume operation following derailment

Published Mon, 16 Dec 2024 20:50:48 GMT

The TTC says service on Scarborough’s Line 3 will not resume following last month’s derailment. The decision to permanently shut down the line comes exactly one month after the rear car of a southbound SRT train separated from the rest of the train and derailed approximately 500 feet from Ellesmere Station, forcing the evacuation of over 40 passengers. Five people were treated for minor injuries at the time. Line 3 was originally scheduled to be decommissioned on November 18 with the TTC planning to run express shuttle bus service along the 6.4 kilometre route from Scarborough Centre and Kennedy stations for the next seven years until the Scarborough Subway Extension opens in 2030.The transit agency says while a comprehensive review is still underway, the decision has been made to permanently close the line ahead of schedule and begin to implement elements of the replacement plan. Those measures include the installation of temporary road markings and signage to establis...

Shohei Ohtani won’t pitch for rest of season due to torn elbow ligament

Published Mon, 16 Dec 2024 20:50:48 GMT

ANAHEIM, Calif. (AP) — Shohei Ohtani won’t pitch for the rest of the season because of a torn ligament in his right elbow, Los Angeles Angels general manager Perry Minasian said Wednesday night.The Angels don’t yet know whether the major league homers leader and 10-game winner will need surgery to repair his ulnar collateral ligament for the second time. Ohtani had his first Tommy John surgery in late 2018, following his AL Rookie of the Year season.“A tough day for him,” Minasian said. “Tough day for all of us.”The two-way superstar left the mound abruptly in the second inning of his start against Cincinnati after throwing 26 pitches in the opener of a doubleheader. Ohtani, who hit his 44th homer in the first inning, then insisted on playing in the nightcap even after the tear was discovered while running tests between games.The injury will have a massive effect on baseball’s free agent market this winter with Ohtani headed to free agency. The uniquely valuable AL MVP front-runner ...

'Corn sweat' and why it's heaping on the humidity

Published Mon, 16 Dec 2024 20:50:48 GMT

ILLINOIS — Regions blessed by large swaths of farmland can also be cursed with season spikes in humidity thanks to "corn sweat."You see, as corn and other crops grow, they give off moisture through their leaves. This happens throughout the growing season but reaches its peak as crops mature. Thanks to the US National Weather Service Central Illinois Facebook post, we know a bit more about the science behind this natural phenomenon.The scientific term for the release of moisture is evapotranspiration. This is the combined process by which water is transferred from the land to the atmosphere through evaporation from soil and other surfaces, and transpiration from plants.Full forecast details and more at the WGN Weather Center blog For areas dominated by agriculture the total amount of water pumped into the atmosphere can be staggering. In Illinois, for instance, a mature corn crop can give off more than 35 billion gallons of water daily. This is enough water to fill more than 52,500 O...

Dean's TBT Interview: The Osbournes

Published Mon, 16 Dec 2024 20:50:48 GMT

WGN Entertainment Reporter Dean Richards' 2003 interview with Sharon and Ozzy Osbourne.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!

District asks voters to approve salary raise for Round Rock ISD staff in November election

Published Mon, 16 Dec 2024 20:50:48 GMT

ROUND ROCK, Texas (KXAN) -- A salary increase for Round Rock Independent School District employees will be up to voters to approve at the polls in November after the district's Board of Trustees voted to call for a Voter- Approval Tax Rate Election, or VATRE, earlier this week. On Monday the board called for the VATRE for the Nov. 7 election to provide staff members with salary increases. The board also approved a tax rate of $0.9190 for the 2023-2024 school year. The calling for the election follows months of exploration by the Board of Trustees and the approval of the 2023-2024 budget, which included considerations for a VATRE. RELATED: Round Rock ISD school board green lights salary increase for all staff According to the district, a VATRE allows voters to approve or disapprove the tax rate adopted by the Board of Trustees. If passed, it will allow Round Rock ISD to access the maximum amount of tax revenue from golden pennies, which is not subject to recapture an...

Vikings’ Jordan Addison agrees to plead guilty to speeding in Lamborghini in St. Paul, pay $686 fine

Published Mon, 16 Dec 2024 20:50:48 GMT

Vikings rookie receiver Jordan Addison, clocked at 140 mph in his sports car on Interstate 94 in St. Paul, has agreed to plead guilty to speeding. A charge of reckless driving will be dismissed, according to a court document filed Wednesday.Addison was originally cited for two misdemeanors. As part of a sentencing agreement, the speeding charge will be amended to a petty misdemeanor.A Minnesota State Patrol trooper pulled Addison over in a 2021 Lamborghini Urus on July 20 about 3:15 a.m. on eastbound on I-94 near Dale Street. The speed limit there is 55 mph.“Driver stated his dog was having an emergency at his residence, and that was the reason for his speed,” the citation stated. He issued a public apology the day after he was pulled over.Addison is to pay a $300 fine, in additional to surcharges of $386, for a total of $686.The sentencing agreement is subject to approval by a judge.The Vikings signed Addison to a four-year, $13.7 million deal on May 17.Addison has been turning hea...

Saratoga County unveils new mobile command center

Published Mon, 16 Dec 2024 20:50:48 GMT

BALLSTON SPA, N.Y. (NEWS10) -- Saratoga County unveiled their new mobile command center. The new vehicle comes with some of the latest technology with the ability to collect and share real-time video and extend cell service. Get the latest news, weather, sports and entertainment delivered right to your inbox! It will serve as an on-scene command post for the county Sheriff's Department. Sheriff Michael Zurlo said it will help shorten response times, assist with large events and play a significant role in their overall emergency response. “It’s our 911 center," Zurlo said. "Our portable 911 center, we’ll be able to communicate with the different agencies that are involved whether it be law enforcement, fire, EMS.”The vehicle was purchased with a $250,000 grant provided by New York State.

WATCH: Gov. Hochul addresses Asylum Seeker situation

Published Mon, 16 Dec 2024 20:50:48 GMT

ALBANY, N.Y. (NEWS10) -- Thursday at noon, Governor Kathy Hochul will address New Yorkers regarding the current asylum seeker situation. Get the latest news, weather, sports and entertainment delivered right to your inbox! On Wednesday, a court conference on a right-to-shelter lawsuit took place in New York City. The lawsuit involves New York State, New York City, and the Legal Aid Society following a 1980s ruling requiring New York City to take in asylum seekers.

Where to find a Spirit Halloween store in the Capital Region

Published Mon, 16 Dec 2024 20:50:48 GMT

ALBANY, N.Y. (NEWS10) -- Although it's only the end of August, many places have begun gearing up for spooky season. Spirit Halloween, a seasonal Halloween store, is opening back up its locations as fall approaches. Get the latest news, weather, sports and entertainment delivered right to your inbox! With over 1,450 locations across North America, Spirit Halloween offers costumes, accessories, animatronics and décor. The chain has been celebrating the Halloween season since 1983.Some Spirit Halloween locations have already opened, while some are opening soon. Here's where you can find a Spirit Halloween near you. Bubble tea, selfie spot, and more coming to Crossgates Capital Region locationsGuilderland, Crossgates Mall at 1 Crossgates Mall RoadOpening the week of August 27Colonie, 20 Wolf RoadOpen, hours are Monday to Wednesday 11 a.m. to 8 p.m., Thursday and Friday 11 a.m. to 7 p.m., Saturday 10 a.m. to 8 p.m. and Sunday noon to 6 p.m.Latham, 664 Loudon RoadOpening soonRensselae...