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US economic data keep coming in stronger and defying forecasts

Published Wed, 26 Feb 2025 09:51:28 GMT

Augusta Saraiva, Vince Golle | (TNS) Bloomberg NewsU.S. retail sales exceeded all forecasts and industrial production strengthened last month, fresh evidence of a resilient American consumer whose spending is helping stabilize manufacturing.Sales, unadjusted for inflation, increased 0.7% after upwardly revised advances in the prior two months, according to the Commerce Department. So-called control group sales — which are used to calculate spending on merchandise in the gross domestic product report — rose a better-than-expected 0.6%.Robust consumer demand, in the aftermath of September data showing stubborn inflation and surging job growth, risks prompting the Federal Reserve to raise interest rates again. The reports prompted a slew of economists, from Goldman Sachs Group Inc. to JPMorgan Chase & Co. and Morgan Stanley, to boost their tracking estimates for third-quarter GDP.The 10-year Treasury yield jumped to the highest level since 2007, while the S&P 500 Index fell. Tr...

Heisman Watch: Pac-12 QBs swap places as Penix shines, Williams struggles

Published Wed, 26 Feb 2025 09:51:28 GMT

Welcome to our weekly look at the Pac-12’s leading Heisman Trophy candidates via an assessment of the top players in the conference. Consider this one Heisman voter’s view of the landscape. The rankings are based on individual performance, value to the team and quality of competition. And yes, we consider defensive players.The Heisman Trophy race shifted dramatically last week as one frontrunner thrived under pressure and the other flopped.USC quarterback Caleb Williams threw a career-high three interceptions — that’s three more than he had thrown all season — in a blowout loss to Notre Dame.The performance derailed his pursuit of a second consecutive Heisman. The odds of Williams winning the award soared from basically 2-to-1 prior to Saturday’s meltdown to 35-to-1 after the loss, according to BetMGM.Meanwhile, Penix emerged as the clear frontrunner following the pulsating victory over Oregon. Penix was 2-to-1 to win the award last week; his odds are now app...

Oakland man thought to have died in Cement Hill car crash was actually shot, police say

Published Wed, 26 Feb 2025 09:51:28 GMT

An Oakland man whose death originally was thought to have been caused by a solo vehicle crash in Fairfield was actually shot, police say.Related ArticlesCrime and Public Safety | ‘The buck stops with me’: Oakland mayor acknowledges struggles, crime problem in State of the City address Crime and Public Safety | East Bay woman arrested in connection with fatal hit-and-run earlier this year in Tracy Crime and Public Safety | Oakland man sentenced to 25 years for killing his 80-year-old father Crime and Public Safety | Newsom approves automatic speed cameras for San Jose, Oakland pilot program Crime and Public Safety | Bay Area drug traffickers voice concern over ‘contributing to addictions’ while selling thousands of meth-laced Adderall pills His death is now being investigated as a homicide.The 44-year-old man, whose name hasn’t been released, was found dead around 8:30 Friday...

Sale closed in Oakland: $1.5 million for a four-bedroom home

Published Wed, 26 Feb 2025 09:51:28 GMT

2853 Alida Street – Google Street ViewThe spacious property located in the 2800 block of Alida Street in Oakland was sold on Sept. 5, 2023. The $1,515,000 purchase price works out to $660 per square foot. The house, built in 1946, has an interior space of 2,295 square feet. This two-story home boasts a generous living space with four bedrooms and three bathrooms. Inside, a fireplace enhances the ambiance of the living area. In addition, the home is equipped with a garage.Additional houses that have recently been sold close by include:In June 2023, a 1,769-square-foot home on Wilshire Boulevard in Oakland sold for $1,535,000, a price per square foot of $868. The home has 3 bedrooms and 2 bathrooms.A 1,755-square-foot home on the 4100 block of Maple Avenue in Oakland sold in August 2022, for $1,725,000, a price per square foot of $983. The home has 3 bedrooms and 2 bathrooms.On Laguna Avenue, Oakland, in December 2022, a 2,481-square-foot home was sold for $1,573,500, a price per squa...

Judge in fraud trial tells defendant Donald Trump to keep it down

Published Wed, 26 Feb 2025 09:51:28 GMT

By Jennifer Peltz and Michael R. Sisak | Associated PressNEW YORK — A judge warned Donald Trump and others at his New York civil fraud trial to keep their voices down Wednesday after the former president threw up his hands in frustration and spoke aloud to his lawyers while a witness was testifying against him.Judge Arthur Engoron made the admonition after Trump conferred animatedly with his lawyers at the defense table during real estate appraiser Doug Larson’s second day of testimony at the Manhattan trial.State lawyer Kevin Wallace asked Engoron to ask the defense to “stop commenting during the witness’ testimony,” adding that the “exhortations” were audible on the witness’ side of the room. The judge then asked everyone to keep their voices down, “particularly if it’s meant to influence the testimony.”The 2024 Republican frontrunner was in court for a second straight day Wednesday, watching the trial that threatens to u...

Quake alerts hit Bay Area phones as shaking felt in East Bay

Published Wed, 26 Feb 2025 09:51:28 GMT

SAN FRANCISCO (KRON) -- A flurry of alerts buzzed phones in the San Francisco Bay Area as the United States Geological Survey reported a 4.1-magnitude earthquake shook 12 miles northeast of Antioch Wednesday morning.Residents of the Bay Area and beyond with the MyShake app installed on their phones were alerted at 9:29 a.m. when the shaking began. The epicenter of the quake was located in Isleton in Sacramento County.The MyShake app was developed by the University of California, Berkeley seismological lab and can deliver early warnings of imminent earthquakes. The alerts come from the ShakeAlert Earthquake Early Warning System, which is operated by USGS.Many commenters on KRON4's Facebook post mentioned receiving the quake alert on their phones, whether shaking was felt in their location or not. High temperatures, dangerous beach conditions coincide this week BART said trains were held after the quake for track inspections, which concluded at 10:30 a.m. Normal service has since re...

Former KTLA reporter Christina Pascucci running for U.S. Senate seat

Published Wed, 26 Feb 2025 09:51:28 GMT

There's a new candidate in the race for California's open U.S. Senate seat. Television reporter and anchor Christina Pascucci is looking to fill the seat of the late Senator Dianne Feinstein. Pascucci spent more than a decade as a reporter and anchor at KTLA 5, before moving to KTTV Fox 11 last year. The 38-year-old Democrat told Politico that she aims to be a moderate consensus builder and vows to appeal to Latino and undecided voters. Beverly Beesmyer's dream of flying a plane came true recently when she flew with KTLA reporter Christina Pascucci. (Credit: KTLA)“I’ve been covering the most pressing issues of California for the past 15 years and watching this race closely, as well as covering it and interviewing some of the candidates,” Pascucci told the outlet. “And the more I watched it, the more closely I studied it, I honestly felt dismayed by how it was shaping up. I spoke to a lot of others who felt the same way. Like, this is our future — more of the same.”She also said she'...

Alabama, Notre Dame each place 3 players on AP midseason All-America first-team

Published Wed, 26 Feb 2025 09:51:28 GMT

The Associated Press midseason All-America team:FIRST TEAM – OFFENSEQuarterback — Michael Penix Jr., sixth-year, Washington.Running backs — Jonathon Brooks, third-year, Texas; Audric Estime, third-year, Notre Dame.Tackles — Joe Alt, third-year, Notre Dame; Taliese Fuaga, third-year, Oregon State.Guards — Cooper Beebe, fifth-year, Kansas State; Zak Zinter, fourth-year, Michigan.Center — Jackson Powers-Johnson, third-year, Oregon.Tight end — Brock Bowers, third-year, Georgia. Wide receivers — Malik Nabers, third-year, LSU; Luther Burden III, second-year, Missouri; Rome Odunze, fourth-year, Washington.All-purpose player — Ashton Jeanty, second-year, Boise State.Kicker — Will Reichard, fifth-year, Alabama.FIRST TEAM – DEFENSEEdge rushers — Laiatu Latu, fifth-year, UCLA; Dallas Turner, third-year, Alabama.Interior linemen — Howard Cross III, fifth-year, Notre Dame; Jer’Zhan Netwon, fourth-year, Illinois.Linebackers — Payton Wilson, sixth-year, North Carolina State; Jason Hend...

Browns QB Deshaun Watson still out with right shoulder injury, can’t put timeline on return to field

Published Wed, 26 Feb 2025 09:51:28 GMT

BEREA, Ohio (AP) — Cleveland Browns quarterback Deshaun Watson still can’t practice with a bruised rotator cuff in his throwing shoulder, an injury that has kept him out of two games and potentially more.Watson spoke for the first time since Sept. 27 on Wednesday. The three-time Pro Bowl quarterback confirmed he’s dealing with a “tricky” injury to his right shoulder and said it’s impossible to gauge when he’ll be back on the field.“I mean it can be any day,” Watson said. “It can be tomorrow, it could be Sunday, it can be two weeks from now. I’m not even sure. It’s day to day and I’m following the steps of the medical team and when that time is ready, then I’m going to go out there.“I can’t put a timeline on anything right now.”Watson sat out Cleveland’s games before and after the team’s bye week with the injury sustained on a running play in a Sept. 24 game against Tennessee.If he can’t play this week at Indianapolis, P.J. Walker will ...

Colombia, Argentina y Chile condenan explosión en hospital Al-Ahli Arab en Gaza

Published Wed, 26 Feb 2025 09:51:28 GMT

(CNN Español) — A través de sus cuentas en X, antes Twitter, las cancillerías de Colombia, Argentina y Chile condenaron el estallido en el hospital Al Ahli Arab del norte de Gaza.La Cancillería argentina ofreció ayuda humanitaria a la población afectada por el conflicto a través de la Agencia Argentina de Cooperación Internacional y Asistencia Humanitaria, los Cascos Blancos.“Colombia se suma al urgente llamado de las distintas Organizaciones de Naciones Unidas (OMS, Unicef), ya que considera necesaria la protección de los civiles en medio del conflicto, así como el respeto al derecho internacional humanitario, el cual establece que la atención de salud debe protegerse activamente y nunca ser un objetivo”, detalló la Cancillería de Colombia en un comunicado.La explosión en un hospital en Gaza desata la ira y las protestas en los países árabesPor su parte, la Cancillería de Chile señaló que el hecho “puede constituir un crimen de guerra que debe ser investigad...