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Stock market today: Wall Street ticks higher as pressure from the bond and oil markets eases

Published Sat, 28 Dec 2024 06:09:18 GMT

NEW YORK (AP) — Wall Street is ticking higher Thursday as the pressures squeezing it this month from the oil and bond markets relax a bit. The S&P 500 was 0.6% higher in late trading after flipping between small gains and losses a few times. The Dow Jones Industrial Average was up 106 points, or 0.3%, at 33,657, as of 3 p.m. Eastern time, and the Nasdaq composite was 0.8% higher.A drop in oil prices took some heat off the stock market, a day after crude reached its highest price of the year. Treasury yields also relaxed to give the stock market more of a breather, particularly Big Tech companies. A 2% gain for Tesla and 1.7% climb for Meta Platforms were two of the strongest forces lifting the S&P 500. Stocks, though, are still on track for their worst month of the year as Wall Street grapples with a new normal where interest rates will stay high for a while. The Federal Reserve has pulled its main interest rate to the highest level since 2001 in hopes of extinguishing high ...

Ryder Cup Guide: Schedule, how to watch and betting favorites

Published Sat, 28 Dec 2024 06:09:18 GMT

GUIDONIA MONTECELIO, Italy (AP) — What started as a friendly golf exhibition nearly 100 years ago is anything but that now.The Ryder Cup has become the biggest spectacle in golf, held once every two years between the United States and Europe for nothing more than bragging rights and ownership of a 17-inch gold trophy. Seth Waugh, the CEO at the PGA of America, referred to the Ryder Cup as a “combination of the Olympics and the Super Bowl and a (Rolling) Stones concert.”While the United States has a 27-14-2 lead in the series dating to 1927, Europe has a 11-9-1 edge going back to 1979 when continental Europe was invited to join players from Britain and Ireland.The Americans have not won on European soil in 30 years. This could be their best chance to end that drought, coming off a 19-9 mauling of Europe in 2021 at Whistling Straits. Of course, they say that every time the Ryder Cup comes to Europe. And the gold trophy never seems to go home with them.WHEN AND WHERE IS THE RYDER CUP?T...

Appeals court rejects Donald Trump’s request to delay civil trial in wake of fraud ruling that threatens business empire

Published Sat, 28 Dec 2024 06:09:18 GMT

NEW YORK (AP) — Appeals court rejects Donald Trump’s request to delay civil trial in wake of fraud ruling that threatens business empire.Source

House Republicans make their case for Biden impeachment inquiry at first hearing

Published Sat, 28 Dec 2024 06:09:18 GMT

FILE - President Joe Biden leans in to hear a question as he speaks with reporters before walking to Marine One upon departure from the South Lawn of the White House, March 17, 2023, in Washington. Republicans have insisted for months that they have the grounds to launch impeachment proceedings against President Biden. On Thursday, they will begin formally making their case to the public and their skeptical colleagues in the Senate. (AP Photo/Alex Brandon, File)(AP/Alex Brandon) FILE - President Joe Biden leans in to hear a question as he speaks with reporters before walking to Marine One upon departure from the South Lawn of the White House, March 17, 2023, in Washington. Republicans have insisted for months that they have the grounds to launch impeachment procee...

Colleges should step up diversity efforts after affirmative action ruling, the government says

Published Sat, 28 Dec 2024 06:09:18 GMT

FILE - Education Secretary Miguel Cardona speaks during an interview with The Associated Press in his office at the Department of Education, Sept. 20, 2023, in Washington. The Biden administration is asking America's colleges to renew their efforts to make campuses more racially diverse, urging schools to boost scholarships and minority recruiting and to give “meaningful consideration” to the adversity students face because of their race or finances. (AP Photo/Mark Schiefelbein, File)(AP/Mark Schiefelbein) FILE - Education Secretary Miguel Cardona speaks during an interview with The Associated Press in his office at the Department of Education, Sept. 20, 2023, in Washington. The Biden administration is asking America's colleges to renew their efforts to make campu...

Search for man who police say shot deputy and another person closes schools in South Carolina

Published Sat, 28 Dec 2024 06:09:18 GMT

JOHNS ISLAND, S.C. (AP) — A search for a man who investigators say shot two people, including a sheriff’s deputy, along the South Carolina coast stretched into a second day and led officials to close several schools Thursday.Deputies have been looking for Ernest Robert Burbage III on Johns Island since about noon Wednesday, when he started firing shots randomly, hitting a passenger in a passing vehicle, Charleston County Sheriff Kristin Graziano said.Burbage fired on members of a SWAT team as they got out of an armored vehicle late Wednesday and one of the shots struck the deputy who was driving it in the head, Graziano said.Charleston County Master Deputy James Gilbreath was alert and conscious at the hospital and would likely be released Thursday, the sheriff said.Deputies asked people on Johns Island to stay in their homes and report if they see something out of place in storage sheds, boats or other places someone could hide.Officers have not seen Burbage since early Thursday, b...

Girl Scouts not immune to inflation: Cookie prices are going up

Published Sat, 28 Dec 2024 06:09:18 GMT

Meet the Girl Scouts' new cookie: Adventurefuls. (Courtesy Girl Scouts) Meet the Girl Scouts' new cookie: Adventurefuls. (Courtesy Girl Scouts) New York (CNN) — Girl Scout cookies are getting more expensive. In some places, at least.At least one New York State chapter, the Girl Scouts Heart of the Hudson, told troop parents and other members of the community in an email this week that all cookies will be sold for $6 per box this coming cookie season — which takes place from about January to April annually nationwide – up from $5 last year.“In order to combat rising production and material costs, GSHH will be increasing the price of all cookie packages to $6.00,” the chapter’s interim CEO wrote, adding “we expect o...

Mom whose son was killed by police after ‘heroic’ actions to stop gunman settles with Colorado city for $2.8 million

Published Sat, 28 Dec 2024 06:09:18 GMT

DENVER (AP) — Mom whose son was killed by police after ‘heroic’ actions to stop gunman settles with Colorado city for $2.8 million.Source

No. 9 Oregon needs to ‘bring your own juice’ when the Ducks visit struggling Stanford

Published Sat, 28 Dec 2024 06:09:18 GMT

STANFORD, Calif. (AP) — Finding motivation last week couldn’t have been easier for Oregon after all the pregame trash talking, logo stomping and hype that fueled the Ducks’ showdown against Colorado.The ninth-ranked Ducks (4-0, 1-0 Pac-12) used that to roll to a decisive victory over the Buffaloes but know they will need to dig deeper when they visit struggling Stanford (1-3, 0-2) in a considerably lower-profile game on Saturday.“This is a bring-your-own juice game,” coach Dan Lanning said. “It’s going to be a different atmosphere. But if you step on the grass and it means something to you, you’re going to step on there and try to perform to a certain level because you have pride in the game.”Oregon doesn’t have to look back too far to find out what can happen if intensity is lacking in any way. Two years ago, the Ducks came to Stanford with a 4-0 record and a No. 3 national ranking to face an unranked team off to a sluggish start and lost 31-24.Lanning...

Crews cap gas leak in Little Havana

Published Sat, 28 Dec 2024 06:09:18 GMT

A gas leak caused brief concern in Miami’s Little Havana section.According to City of Miami Fire Rescue, the problem stemmed from a gas line that was cut at a construction site in the area of Southwest 13th Street and 19th Avenue, Thursday morning.Authorities said no one was hurt.Fire crews said the leak was secured, and the area is clear.