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Stock market today: Wall Street loses more ground amid ongoing September swoon

Published Wed, 26 Feb 2025 20:47:04 GMT

NEW YORK (AP) — Wall Street continued losing ground Wednesday as stocks continued falling amid already sharp losses for September so far. The S&P 500 fell 0.7% in afternoon trading. It’s coming off a 1.5% tumble from the day before that dragged it to its lowest level since June. The Dow Jones Industrial Average was down 253 points, or 0.8%, at 33,366, as of 1:52 p.m. Eastern time, and the Nasdaq composite was 0.6% lower.Pressure on stocks continued from the bond market. The yield on the 10-year Treasury rose to 4.62% from 4.55% late Tuesday. It’s been generally charging higher as traders accept a new normal where interest rates will stay high for longer. High yields mean bonds are paying more in interest, which makes investors less willing to pay high prices for stocks and other riskier investments.After more than a decade where the Federal Reserve would often cut rates in order to help the economy, still-high inflation is now discouraging the Fed from lowering rates quick...

Uruguay wins at Rugby World Cup after 3 yellow cards for Namibia

Published Wed, 26 Feb 2025 20:47:04 GMT

LYON, France (AP) — Uruguay made the most of three yellow cards for Namibia to win 36-26 and dash the Africans’ hopes of a first ever Rugby World Cup victory on Wednesday.A great 14-0 start had Namibia dreaming of ending a record 25-match losing run in the tournament but three players sent to the sin-bin in the second half helped Uruguay to wipe out a 20-12 halftime deficit.One of the yellows to replacement prop Des Sethie was upgraded to red with 17 minutes to go but the game finished 14 on 14 after Uruguay received a late yellow.Uruguay posted only its fourth ever win at the Rugby World Cup.Despite playing a fourth game in 18 days, Namibia made a quickfire start with some poor play by Uruguay contributing.Namibia stunned its opponent by taking the lead with barely a minute on the clock. An errant Uruguay pass was gladly intercepted by Gerswin Mouton, who sprinted 60 meters unchallenged to dive between the posts. Tiaan Swanepoel had the easiest of conversions.Namibia pulled f...

Zach Davies cut by Arizona Diamondbacks, who recall Justin Martinéz

Published Wed, 26 Feb 2025 20:47:04 GMT

CHICAGO (AP) — Right-hander Zach Davies was designated for assignment by the Arizona Diamondbacks, who recalled rookie right-hander Justin Martinéz from Triple-A Reno before Wednesday’s game against the Chicago White Sox.The 30-year-old Davies was 2-5 with 7.00 ERA in 18 starts this season for Arizona. He signed as a free agent in March 2022 after leaving the Chicago Cubs.Davies allowed four runs and eight hits in the first three innings of a 15-4 win on Tuesday night. In his last four outings, the wiry righty gave up 15 runs, 23 hits and nine walks in 14 innings. He is 60-58 with a 4.36 ERA in 200 starts over nine seasons that included time with Milwaukee and San Diego.“Unfortunately, things were not going great for him on the mound,” manager Torey Lovullo said. “He did have some good moments, but we just made this very tough decision to get another arm in here that we feel like will help us win some baseball games.”Martinéz, 21, has a 14.63 ERA in eight innings o...

Colorado supermarket shooting suspect is fit for trial after forced medication, psychologists say

Published Wed, 26 Feb 2025 20:47:04 GMT

BOULDER, Colo. (AP) — Forced medication has significantly improved the mental condition of a man accused of killing 10 people at a Colorado supermarket in 2021, psychologists testified Wednesday as they told a judge the suspect is now competent to stand trial.Ahmad Al Aliwi Alissa, 24, was found mentally competent by experts at a state mental hospital in August, but his defense attorney Kathryn Herold asked for the determination to be debated in court.Alissa’s mental condition improved this spring after he was forced under a court order to take medication to treat his schizophrenia, said psychologist Julie Gallagher, who testified for the prosecution after reviewing Alissa’s case. “By allowing forced medications, involuntary medication, he was able to take a medication they hadn’t been able to try before and that really made a difference,” Gallagher said. She said the hospital’s finding that Alissa was competent was supported by her review.Alissa entered court in a...

Lions seek to take early control of NFC North by beating Packers for 4th straight time

Published Wed, 26 Feb 2025 20:47:04 GMT

GREEN BAY, Wis. (AP) — When the Detroit Lions previously visited Lambeau Field, they knocked Green Bay out of playoff contention in what turned out to be Aaron Rodgers’ final game in a Packers uniform.Nearly nine months later, the Lions return with a chance to solidify themselves as NFC North favorites by beating the division’s traditional heavyweight for a fourth consecutive time.“We know we can win out there,” Lions coach Dan Campbell said. “We’ve done it before. But you’ve got to go earn it. It’s not going to be given. It’ll be loud, it’ll be a tough environment. They’re playing good. So here we go.”The Lions (2-1) and Packers (2-1) head into this Thursday night showdown tied for first place in the NFC North. The division’s only other two teams are the winless Chicago Bears (0-3) and Minnesota Vikings (0-3).Thursday’s winner gets the early edge.“It’s definitely going to be a huge game and one that we’ve got to win,” Packers quarterback Jordan Love said.Although Green Bay has an 1...

University of the People founder and Arizona State professor win Yidan Prize for education work

Published Wed, 26 Feb 2025 20:47:04 GMT

NEW YORK (AP) — Shai Reshef, president and founder of the online, tuition-free University of the People, and Arizona State professor and researcher Michelene Chi, who has developed a framework to improve how students learn, are the 2023 winners of The Yidan Prize, the biggest award in education.Reshef and Chi will each receive 15 million Hong Kong dollars ($1.9 million) from The Hong Kong-based Yidan Prize Foundation, as well as another 15 million Hong Kong dollars ($1.9 million) in unrestricted funds to further their work, the foundation announced Wednesday.Edward Ma, the Yidan Prize Foundation’s secretary-general, said both Reshef and Chi will become Yidan laureates and join the winners from the previous seven years to work together to improve education on the local level and the global level.“We see it as strategic philanthropy that achieves greater impact by calling together this all-star team of educators from different parts of the world together,” Ma told The Associated Press...

More Boulder apartments evacuated in suspicious device investigation

Published Wed, 26 Feb 2025 20:47:04 GMT

DENVER (KDVR) -- The Boulder Police Department is evacuating additional units near the 4500 block of 13th Street in Boulder due to a death investigation and a "suspicious device."FOX31's Vicente Arenas is on the scene where he reports that police found some more concerning things. At first, only one building was being evacuated while the surrounding units were sheltering in place. Now, the entire complex is being evacuated. On Wednesday, Sept. 27, at 11:38 a.m., Boulder police tweeted about the evacuation. Explosive detection investigators are on the scene. Buyer, beware: Police warn of card-tapping scam Boulder PD asks the community to avoid the 4500 block of 13th Street for the time being.Boulder police investigate a death and suspicious device at an apartment building on Sept. 27, 2023. (Vicente Arenas/KDVR)Boulder police investigate a death and suspicious device at an apartment building on Sept. 27, 2023. (KDVR)Boulder police investigate a death and suspicious device at an apa...

Deputies rescue several neglected animals on Larimer County property

Published Wed, 26 Feb 2025 20:47:04 GMT

DENVER (KDVR) — Deputies rescued several livestock animals and arrested a 78-year-old woman on charges of animal cruelty.Larimer County Sheriff's Office deputies and a Bureau of Animal Protection veterinarian visited a property in the 2900 block of West Mulberry Street in Fort Collins regarding the welfare of the livestock living there.When the team arrived, deputies said they found large amounts of trash, debris and other hazards. They also found a horse that was showing signs of malnourishment and a llama that showed signs of neglect, according to the sheriff's office. Deputies spoke to the homeowner, Fran Fleming, and determined that the animals lacked access to clean water, sufficient feed and veterinary care. The deputies also learned that two other llamas that had lived on the property had recently died. Fleming would not allow the deputies or the veterinarian to enter her property in order to inspect the animals, so deputies acquired an arrest and search warrant. What Colo...

Shooting at Florida auto shop wounds at least 2 people, police say

Published Wed, 26 Feb 2025 20:47:04 GMT

LARGO, Fla. (AP) — At least two people were injured Wednesday in a shooting at a Florida auto shop that drew dozens of police officers to the scene, authorities said.Officers responded to reports of a shooting at Stout’s Auto Service, Largo police said in a news release. Largo is located just west of Tampa.One of the wounded was identified as the shooting suspect, and the other person was an employee at the auto shop, Largo Police Chief Mike Loux said during a news conference. Investigators didn’t immediately say how the shooting suspect was related to the repair shop or what prompted the shooting.Local television news footage showed police vehicles surrounding the area.Police said there is no ongoing threat to the public.

Winner of $1.6 billion Mega Millions jackpot claims prize in Florida

Published Wed, 26 Feb 2025 20:47:04 GMT

FORT LAUDERDALE, Fla. (AP) — The winner of the $1.6 billion Mega Millions jackpot in August has come forward to claim the prize, officials said Wednesday.Under a new Florida law, the winner’s name remains anonymous for 90 days from the date the prize was claimed, which was on Sept. 25, lottery officials said in an email. The lottery did not confirm whether the winner took the lump sum or the annuity, and did not specify the estimated lump sum amount.In Florida, winners have to claim the lump sum within 60 days of the drawing. They have up to 180 days if they choose to go with an annuity, which is paid out in 30 annual installments. The jackpot is also subject to federal taxes. There’s no state income tax in Florida.The winning ticket was sold at a Publix supermarket in Neptune Beach, a town along the Atlantic Coast near Jacksonville. The winning numbers on Aug. 8 were 13, 19, 20, 32, 33 and the Mega Ball was 14.In all, Mega Millions has had five billion dollar-plus prizes.The ...