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Stock market today: US futures fall as yield on the 10-year Treasury briefly touches 5%

Published Wed, 26 Feb 2025 17:38:04 GMT

Wall Street was poised to open lower Monday morning, with markets under pressure from higher interest rates and the risk of broader conflict in the Middle East.Futures for the S&P 500, Nasdaq and the Dow all fell about 0.4% before the bell Monday. The yield on the 10-year Treasury briefly touched 5%, a level it hasn’t reached since 2007. It quickly retreated back to 4.99%.Stocks have been struggling under the weight of the bond market since high yields make borrowing more expensive for everyone and slow the economy while dragging on prices for stocks and other investments. “Indeed, the trajectory of U.S. Treasurys is not merely a question; it is the only question for financial markets,” Stephen Innes of SPI Asset Management said in a commentary. “U.S. government bonds are the critical benchmark reference point against which virtually all other global assets are ultimately priced off.”The Federal Reserve raised its overnight interest rate rapidly hoping to quash high inflat...

FAA investigating possible close call between two airliners at Portland airport

Published Wed, 26 Feb 2025 17:38:04 GMT

(CNN) — The Federal Aviation Administration is investigating how close two commercial airliners came to colliding at Portland International Airport in Oregon during heavy rain last Monday.Audio of the incident posted online includes an air traffic controller issuing urgent instructions to the crew of an Alaska Airlines flight, telling them to turn away from a nearby SkyWest flight.“While attempting to land at Portland International Airport, the pilot of Alaska Airlines Flight 1299 initiated a go-around due to wind and turned towards SkyWest Airlines Flight 3978, which had just departed,” the FAA said in a statement. “An air traffic controller instructed the Alaska Airlines pilot to turn away from the SkyWest aircraft.”Publicly available flight tracking data shows the flights were climbing out from parallel runways – the SkyWest flight had just taken off from Portland’s runway 28 Right while the Alaska Airlines flight had just attempted to land on runway 28 Left. Aviation weather rep...

The Most Hated App in America? More Than 1 Million Americans Delete or Deactivate Instagram Every Month

Published Wed, 26 Feb 2025 17:38:04 GMT

With 170 million Americans using the app, the United States has one of the largest concentrations of Instagram users worldwide. But statistics show that the image-based social media app is also among the country’s least favorite.A 2021 study by the Pew Research Center revealed that four in every ten Americans use Instagram. In a Backlinko global ranking of countries with the most monthly Instagram users, the U.S. landed in second place. Of U.S. users, 71% fall between ages 18 and 29.Despite Instagram’s massive domestic market, research from VPNoverview finds the social media platform to be losing favor among American audiences. The 2023 study found more than one million monthly Google searches in the U.S. contained keywords related to deleting or deactivating Instagram.The Rise of InstagramInstagram was officially launched in October of 2010, and has amassed over two billion worldwide users. The platform allows users to share photos ...

Some Walgreens pharmacy workers say they are planning another walkout. Here are their reasons why

Published Wed, 26 Feb 2025 17:38:04 GMT

New York (CNN) — Some pharmacy workers at Walgreens, one of the nation’s largest drugstore chains, say they are planning another walkout at the end of October, and organizers are hoping this time the protest spreads nationwide.Workers have already been staging walkouts in scattered cities to protest working conditions that they say put customer safety at risk. The actions so far this month closed a handful of pharmacies briefly, and slowed business at several others; Walgreens told CNN the impact has been “minimal.”Now some pharmacy staff and organizers in multiple states have confirmed to CNN that they’re planning another walkout, and picket lines, with a window from October 30 to November 1 to protest staffing levels and other issues.Shane Jerominski, an independent pharmacist who used to work for Walgreens and is one of the walkout’s organizers, told CNN that he has been working with representatives from unions to plan demonstrations beginning the da...

Why Patriots first-round flier ate into DeVante Parker’s snaps in win over Bills

Published Wed, 26 Feb 2025 17:38:04 GMT

Among the personnel changes head coach Bill Belichick made in Sunday’s win over the Bills was reducing wide receiver DeVante Parker’s workload.Parker was on the field for just 35 snaps, which accounted for just 58% of offensive plays. That was his lowest snap count and play-time percentage since Week 1, when he was inactive with a knee injury.Related ArticlesNew England Patriots | Bill Belichick gives more context to key Patriots personnel switch in win over Bills New England Patriots | Callahan: Patriots scored a throwback win in home upset of Bills New England Patriots | Demario Douglas sparks Patriots’ offensive rejuvenation in win over Bills New England Patriots | Patriots made key personnel changes in comeback win over Bills New England Patriots | What changed for Mac Jones in Patriots’ first game-winning drive in over two years Wide receiver Jalen Reagor, a 2020 first-round pick b...

Bill Belichick gives more context to key Patriots personnel switch in win over Bills

Published Wed, 26 Feb 2025 17:38:04 GMT

It seems the Patriots finally found an offensive line combination capable of keeping Mac Jones upright and allowing him time to make plays.It took moving Mike Onwenu from his natural position of right guard over to tackle in Sunday’s win over the Bills, and head coach Bill Belichick provided more detail on the decision Monday morning.Related ArticlesNew England Patriots | Callahan: Patriots scored a throwback win in home upset of Bills New England Patriots | Demario Douglas sparks Patriots’ offensive rejuvenation in win over Bills New England Patriots | Patriots made key personnel changes in comeback win over Bills New England Patriots | What changed for Mac Jones in Patriots’ first game-winning drive in over two years New England Patriots | Mac Jones delivers signature win with 29-25 comeback victory over Bills “There were a number of things involved but had a good conversation with Mike aft...

Hwy. 401 closed in Ajax for major crash, truck rollover

Published Wed, 26 Feb 2025 17:38:04 GMT

A stretch of Highway 401 is shut down in both directions following a serious multi-vehicle crash in Durham Region on Monday morning.The crash happened before 9 a.m. when a tractor-trailer rolled over and struck the median of the highway near Lake Ridge Road in Ajax.#listen-box { box-shadow: 0 0 0 0 rgba(0, 0, 0, 1); animation: pulse 2s infinite; margin: 20px; padding: 15px;}@keyframes pulse { 0% { box-shadow: 0 0 0 0 rgba(0, 157, 79, 0.7); } 70% { box-shadow: 0 0 0 10px rgba(0, 157, 79, 0); } 100% { box-shadow: 0 0 0 0 rgba(0, 157, 79, 0); }} CLICK HERE TO LISTEN TO CITYNEWS 680’S LIVE TRAFFIC UPDATES!CityNews 680 traffic reporter Jordan Kerr was over the scene in a chopper and says it appears a truck in the eastbound lanes collided with the centre wall and got stuck on the guardrail.The impact of the crash sent debris flying onto both sides of the highway and passenger vehicles in the westbound lanes ended up striking the wreckage ...

Exhibits and collectors editions mark 400th anniversary of Shakespeare’s First Folio

Published Wed, 26 Feb 2025 17:38:04 GMT

NEW YORK (AP) — On the 400th anniversary of Shakespeare’s First Folio, rare originals are being displayed and publishers are offering collectors editions of Shakespeare’s plays, including one that sells for $1,500.Scholars believe that between 200-300 copies still survive from the late 1623 release of “Mr. William Shakespeares Comedies, Histories & Tragedies.” Presided over by two friends and former colleagues of Shakespeare, who had died in 1616, the Folio ensured that lasting texts existed for “Macbeth,” “Twelfth Night” and other cornerstones of Western literature. In Shakespeare’s lifetime, many of his works were unpublished or available only in cheap paperback editions.“Without the First Folio we would have lost a world of words,” Gregory Doran, artistic director emeritus of the Royal Shakespeare Company, writes in the introduction to “The Complete Plays” of Shakespeare, a new publication.First folios have been on exhibit everywhere from the British M...

Celebrity birthdays for the week of Oct. 29-Nov. 4

Published Wed, 26 Feb 2025 17:38:04 GMT

Celebrity birthdays for the week of Oct. 29-Nov. 4:Oct. 29: Guitarist Denny Laine (Wings, Moody Blues) is 79. Singer-actor Melba Moore is 78. Actor Richard Dreyfuss is 76. Actor Kate Jackson is 75. Actor Dan Castellaneta (“The Simpsons”) is 66. Singer Randy Jackson of The Jacksons is 62. Drummer Peter Timmins of Cowboy Junkies is 58. Actor Joely Fisher (“Ellen”) is 56. Rapper Paris is 56. Actor Grayson McCouch (“Gotham”) is 55. Singer SA Martinez of 311 is 54. Actor Winona Ryder is 52. Actor Tracee Ellis Ross (“black-ish”) is 51. Actor Gabrielle Union is 51. Actor Trevor Lissauer (“Sabrina the Teenage Witch”) is 50. Actor Milena Govich (“Law & Order”) is 47. Actor Jon Abrahams (“Meet the Parents”) is 46. Actor Brendan Fehr (“CSI: Miami,” ″Roswell”) is 46. Actor Ben Foster (“Six Feet Under”) is 43. Bassist Chris Baio of Vampire Weekend is 39. Actor Janet Montgomery (“New Amsterdam”) is 38. Actor India Eisley (“The Secret Life of the American Teenager”) is 30.Oct. 30: Songwriter E...

IAEA officials say Fukushima’s ongoing discharge of treated radioactive wastewater is going well

Published Wed, 26 Feb 2025 17:38:04 GMT

TOKYO (AP) — The operator of the Fukushima Daiichi nuclear power plant said the discharge of the second batch of treated radioactive wastewater into the sea ended as planned on Monday, and International Atomic Energy Agency officials in Japan for their first safety and monitoring mission since the release began two months ago said “no issues” were observed.Fukushima Daiichi started releasing treated and diluted radioactive wastewater into the sea on Aug. 24. The operator, Tokyo Electric Power Company Holdings, said the release of a second, 7,800-ton batch of treated wastewater was completed, with its daily seawater sampling results fully meeting safety standards.A magnitude 9.0 quake on March 11, 2011, triggered a massive tsunami that destroyed the plant’s power supply and cooling systems, causing three reactors to melt and spew large amounts of radiation. Highly contaminated cooling water applied to the damaged reactors has leaked continuously into building basements and mixed with...