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US futures steady after Fed moves to restore confidence in banking system

Published Wed, 26 Feb 2025 21:31:24 GMT

(CNN) — US stock futures were holding steady Monday after an extraordinary move by US financial regulators to restore confidence in the country’s banking system.S&P 500 futures gave up their overnight gains to trade flat and Nasdaq futures were 0.32% higher Monday morning. Dow futures, which rose in early morning trade, fell back 0.28%.On Sunday, the Biden administration promised that customers of the failed Silicon Valley Bank (SVB) and Signature Bank would have access to all their money starting Monday.In a joint statement, US Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg said the FDIC will make SVB and Signature Bank’s customers whole.In a related action, the government shut down Signature Bank, a regional bank that was teetering on the brink of collapse in recent days.By guaranteeing all deposits, even the uninsured money that customers kept with the banks, the gov...

‘Everything Everywhere’ duo, Emerson College grads win directing, writing Oscars

Published Wed, 26 Feb 2025 21:31:24 GMT

LOS ANGELES (AP) — The writing-and-directing duo the Daniels won double Oscars on a dominant night for “Everything Everywhere All at Once.”In victories that were entirely expected Sunday but might have seemed like a sci-fi fantasy a year ago, Daniel Kwan and Daniel Scheinert won Academy Awards for best director and best original screenplay, two of seven won by their multiversal dramedy. The Daniels topped talented fields that included Hollywood royalty Steven Spielberg in both categories.“There is greatness in every single person,” Kwan said as he accepted best director. “It doesn’t matter who we are. There is genius in every single person, you just have to find it. Thank you to the people who unlocked my genius.”But Kwan assured his young son he would not foist similar expectations on him.“This is not normal, this is kind of crazy,” he said. “I will love you no matter what.”The Daniels came into the night the favorites for the directing Oscar, and “ Everything Everyw...

MIAA statewide tournament scoreboard and highlights from Sunday

Published Wed, 26 Feb 2025 21:31:24 GMT

BOYS HOCKEYBehind a strong defensive performance that kept a world of pressure on the outside to limit high-quality shots on goalie Charlie Mattocks (19 saves), 11th-seeded Nashoba (14-5-5) defeated No. 10 Triton 4-1 in the Div. 3 state semifinal round at Tsongas Center. Dillan Lowe led the effort while also scoring a pair of goals, also helping the Wolves kill off four penalties.They head to TD Garden for the first time as a result, set to keep the dream season rolling into a final matchup with top-seeded Scituate.“As the 11th seed, I think it was kind of a little bit of a revenge tour for us. But for this group, I couldn’t be more proud, they certainly deserve it,” said Nashoba head coach Matt Biggs “Our defense has been our strength all year. Charlie Mattocks has had a hell of a year in net for us, but the game that Dillan Lowe had and the other rest of the defensemen – they didn’t really have a quality shot, I thought, for quite a long time.”“It will definitely hit when we get t...

ASK IRA: Are the Heat failing Jimmy Butler?

Published Wed, 26 Feb 2025 21:31:24 GMT

Q: Good for Jimmy Butler. Walk out just like the entire Heat organization has walked out on your window. – Kitara.A: I’m not sure Jimmy Butler’s premature departure from the court in overtime in Saturday night’s loss in Orlando was a statement about something larger. But how does a player score 38 points in regulation, including a miraculous game-tying 3-pointer at the fourth-quarter buzzer, and not get a single shot in overtime? Yes, because of turnovers, the Heat got off only four shots in overtime. Still, you get the ball to Butler. As far as the greater notion of the Heat not doing enough to surround Jimmy with the required talent, remember that his influence was among the reasons the Heat signed Kyle Lowry, essentially leaving them capped out and on the luxury-tax threshold. Next will be the question of trying to find something else to sate Jimmy, or moving forward and building around Bam Adebayo and Tyler Herro.Q: One nice part of the loss to Orlando wa...

For Orioles’ Adley Rutschman and Gunnar Henderson, latest MLB extensions probably don’t mean much | ANALYSIS

Published Wed, 26 Feb 2025 21:31:24 GMT

Last week, a catcher viewed as a fixture of a rebuild and one of baseball’s top prospects both received long-term deals. Neither were Orioles.Washington Nationals catcher Keibert Ruiz and Arizona Diamondbacks outfielder Corbin Carroll agreed to eight-year contracts, but it seems unlikely either establishes a point of comparison for hypothetical agreements between the Orioles and their young star duo of Adley Rutschman and Gunnar Henderson.Coming off his first full season in the majors, Ruiz, 24, signed an eight-year, $50 million contract with Washington, establishing him as a player the Nationals will hold onto as they endure their rebuild. The Orioles believe they are on the other side of theirs, with Rutschman’s selection atop the 2019 draft making him the face of the project and his May 2021 arrival marking the organization’s turn toward competitiveness.The centerpiece of the trade package Washington received from the Los Angeles Dodgers for Max Scherzer and Tre...

After Massachusetts man allegedly attacked flight attendant, ex-FAA special agent pushes for secondary cockpit barrier

Published Wed, 26 Feb 2025 21:31:24 GMT

A Bay State man accused of attacking a flight attendant while on a plane to Boston last week, the latest in a long list of unruly passenger incidents, shows the continued need for a secondary cockpit barrier on all commercial aircrafts.The chaotic incident on the United flight from Los Angeles to Boston Logan International Airport also sent terrorists a clear message that “Americans are not going to lie down and take it,” said retired FAA special agent Brian Sullivan.The 77-year-old Massachusetts man spoke to the Herald in the wake of last Sunday’s shocking incident. Leominster man Francisco Torres, 33, was arrested after allegedly trying to open an emergency exit door and then trying to stab a flight attendant in the neck. Passengers, including a former Boston bouncer, ended up tackling Torres and restraining him.During the incident, Torres in a video was seen moving toward the cockpit as he allegedly attacked the flight attendant.“It emphasizes the need to ...

4 things to know about Patriots free agency

Published Wed, 26 Feb 2025 21:31:24 GMT

Two months ago, Patriots owner Robert Kraft issued a letter to season ticket holders inspiring hope.He promised no one in the organization was satisfied with an 8-9 finish. He said all elements of the football operation would be evaluated. And when fans returned for the 2023 season, Kraft anticipated an improved product on the field.The time has come for Kraft and the Patriots to put their money where their team is.The Pats have ranked among the lowest-spending teams in the NFL during free agency over the past three seasons. Mac Jones continues to play out his cost-controlled rookie contract. Already, the Dolphins have begun loading up by trading for All-Pro corner Jalen Ramsey, and the Jets could be on the verge of adding a future Hall of Fame quarterback, Aaron Rodgers.Meanwhile, the Patriots are entering free agency with clear roster holes in the short and long-term. They will not address all of them in the coming week, when the NFL’s “legal tampering” period wi...

Nintendo, Square Enix to return for PAX East

Published Wed, 26 Feb 2025 21:31:24 GMT

This year’s PAX East will feature the return of a some of the big name game developers absent since COVID-19 upended the long running gaming convention which annually draws tens of thousands to the city.“Nintendo’s presence at the show will be dedicated to competitive play activities. More details will be revealed at a later date,” a spokesperson for the Japan based game developer told the Herald.First started in Washington state in 2004 by the authors of the popular web comic of the same name, the Penny Arcade Expo was built as a convention focused entirely on the gaming industry for gamers. The event has grown to include a series of satellite conventions as far away as Melbourne, Australia, features live play, cash prize tournaments, and visits by industry insiders.Boston’s first convention, in 2010, brought over 50,000 attendees. According to event producer ReedPop, PAXEast has grown to be a four day event that hosts over 750 gaming companies — many of them local — and draws an a...

Lucas: DiZoglio shaking up Beacon Hill; it’s about time!

Published Wed, 26 Feb 2025 21:31:24 GMT

No one in memory has shaken up the State House—and its leaders– the way Diana DiZoglio, the fiery new state auditor has done in just one week.The public loves it and DiZoglio knows it.From Gov. Maura Healey, Attorney General Andrea Campbell down to House Speaker Ron Mariano and Senate President Karen Spilka, DiZoglio has openly declared that there is a new sheriff on Beacon Hill and that she means business.And while some may think that the newly elected DiZoglio, once a member of the House and the Senate herself, is exceeding her authority, that has not hampered DiZoglio from acting aggressively in the name of woke watchwords including “transparency, accountability and equity.”The state auditor is charged with auditing all state departments and agencies. DiZoglio has either given the sleepy office new life, or is creating a Frankenstein monster.DiZoglio was elected auditor in 2022 along  with fellow women candidates Healey, Lt. Gov. Kim Driscoll and Attorney General Andrea Cam...

Cohen to testify before grand jury in Trump hush money probe

Published Wed, 26 Feb 2025 21:31:24 GMT

NEW YORK (AP) — Donald Trump’s former lawyer and fixer Michael Cohen is poised to testify Monday before a Manhattan grand jury investigating hush money payments he arranged and made on the former president’s behalf.Cohen’s impending grand jury appearance was confirmed by two people familiar with the matter who were not authorized to speak publicly about grand jury proceedings and did so on condition of anonymity.Cohen’s closed-door testimony is coming at a critical time as the Manhattan district attorney’s office closes in on a decision on whether to seek charges against Trump.A Trump loyalist turned adversary, Cohen is likely to provide critical details about whatever involvement the Republican presidential candidate may have had in the payments, made in the final weeks of the 2016 campaign, to two women who alleged affairs with him.Cohen has given prosecutors evidence, including voice recordings of conversations he had with a lawyer for one of the women, as well ...