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Stock market today: Wall Street drifts following strong economic data, disappointing profit reports

Published Sat, 01 Feb 2025 08:02:06 GMT

NEW YORK (AP) — Wall Street’s monster-sized rally since Halloween is easing off the accelerator Wednesday following mixed reports showing disappointing profits at companies but unexpected strength for the economy. The S&P 500 slipped less than 0.1% in afternoon trading and within 0.7% of its record set nearly two years ago. The Dow Jones Industrial Average rose 15 points, or less than 0.1%, coming off its own record. The Nasdaq composite edged up by 0.2%, as of 2:06 p.m. Eastern time.FedEx tumbled 10.9% after reporting weaker revenue and profit for the latest quarter than analysts expected. It also now expects its revenue for the full fiscal year to fall from year-earlier levels, rather than being roughly flat, because of pressures on demand.The package delivery company pumps commerce around the world, and the signaling of weaker demand could erode the hope that has fueled Wall Street’s recent rally: that the Federal Reserve can pull off a perfect landing for the economy by slow...

Philadelphia news helicopter crashes in New Jersey forest, killing pilot and photographer

Published Sat, 01 Feb 2025 08:02:06 GMT

WASHINGTON TOWNSHIP, N.J. (AP) — Investigators were looking for evidence Wednesday of what caused a news helicopter to crash in the New Jersey Pinelands the night before, killing the pilot and photographer on board.Chopper 6 from WPVI-TV in Philadelphia was returning from an assignment at the Jersey Shore when it went down Tuesday night in a section of Wharton State Forest in Washington Township, Burlington County, authorities said.The TV station said the crash occurred around 8 p.m. The New Jersey State Park Police said they were notified of a helicopter that had gone missing shortly before 11 p.m.The station did not identify the workers, saying family members were still being notified.But during a live report in which she choked up with emotion, reporter Maggie Kent told of speaking with colleagues of the crew members at Northeast Philadelphia Airport, where the chopper was based.“They are described as the best guys that you would want to know, on the job for decades,” she said. “...

How much snow will fall in Denver on Christmas weekend?

Published Sat, 01 Feb 2025 08:02:06 GMT

DENVER (KDVR) — Several Coloradans will wake up on Monday to a white Christmas as a snowstorm will make its way through the state this weekend.The Pinpoint Weather team has been tracking the big weather change this week, as Colorado will go from tying a heat record to several inches of snow. By early Saturday morning, rain and snow showers will move into the Western Slope. Those spending the holiday in the metro might feel a sprinkle in the day on Saturday, but the big change comes overnight on Christmas Eve. View the latest Weather Alerts in Denver and across Colorado on FOX31 Rain and snow move into the Front Range and Eastern Plains early Sunday morning and will linger through the day before ending in the early hours of Christmas Day. Colorado will be a winter wonderland by Christmas with some areas getting up to 10 inches of snow. Here are the forecast snow totals as of Dec. 20.How much snow will fall?These totals are by 5 p.m. on Monday.Denver: 2-3 inchesPalmer Divide: 5-8 in...

Trial date confirmed for deputy charged in death of Christian Glass

Published Sat, 01 Feb 2025 08:02:06 GMT

DENVER (KDVR) -- The trial for a deputy accused in connection to the death of Christian Glass is set to continue in Clear Creek County and is scheduled to begin on April 8, 2024.Andrew Buen, a former Clear Creek County Sheriff's Deputy, will face charges of second-degree murder, official misconduct and reckless endangerment. Some concerns were raised about holding the trial in Clear Creek, but the judge determined it was the proper venue in a ruling issued on Wednesday. 6 more officers charged in death of Christian Glass Buen was charged alongside former Clear Creek County Sgt. Kyle Gould, who pleaded guilty to an amended charge of failure to intervene, which can be punishable with up to 364 days in jail or a $1,000 fine, or both.Additionally, Gould agreed to withdraw his Colorado Peace Officer Standards and Training certification and not work in law enforcement or security in any jurisdiction.Most recently, the 5th Judicial District Attorney's Office charged six more officers in ...

Bank robbery, attempted murder, witness intimidation leads to 136-year sentence

Published Sat, 01 Feb 2025 08:02:06 GMT

DENVER (KDVR) -- A man convicted of a violent crime spree including an attempted stabbing homicide and two bank robberies, in addition to witness intimidation during his trial has been sentenced to serve 136 years in the Department of Corrections.The charges stem from events beginning in May 2022.According to the 20th Judicial District Attorney's Office, George Alexander Martinez, 50, was on parole for "aggravated crimes" when he began a multi-day crime spree that began with him stabbing a woman five times in an attempted murder before fleeing her apartment and stealing a van.The next day, he used the van to rob a bank, the DA's office said, and specifically robbed two bank tellers. Colorado rancher asks state to remove wolves after latest attack on his livestock After stealing a second vehicle and waiting two days until May 23, 2022, Martinez robbed a second Longmont bank.Later on the 23rd, Longmont police found and arrested him in Loveland.Following that day, Martinez began a co...

Messi’s Miami opens MLS on Feb. 21. Star could miss at least 6 matches while with Argentina

Published Sat, 01 Feb 2025 08:02:06 GMT

NEW YORK (AP) — Lionel Messi’s first full season with Major League Soccer’s Inter Miami starts Feb. 21 at home against Real Salt Lake in a matchup three days ahead of other openers, and the eight-time Ballon d’Or winner could miss at least six games while with Argentina’s national team.MLS released its schedule Wednesday, with each team playing 34 matches, The New York Red Bulls offered a holiday ticket promotion with one catch, that a game against Miami wouldn’t be included. Miami visits the Red Bulls on March 23 during a FIFA international fixture window when Messi could be with Argentina.Because of the June FIFA window and the Copa América, Messi also could be with defending champion Argentina when Miami plays at Philadelphia (June 15), vs. Columbus (June 19), at Nashville (June 29), at Charlotte (July 3) and at Cincinnati (July 6). Following the Copa América final on July 14, Miami also has home matches against Toronto (July 17) and Chicago (July 20).Unlike most leag...

I’m no lame duck, Macron says, vowing to stop Le Pen’s rise

Published Sat, 01 Feb 2025 08:02:06 GMT

PARIS — French President Emmanuel Macron hit back Wednesday against speculation he has become a lame-duck president paving the way for the far right to come to power, a day after his flagship immigration bill was voted through — with the support of the far-right National Rally.Macron’s government has been in crisis since his coalition splintered over a bill that was deemed too right-wing by many centrist lawmakers, raising critical questions as to whether he can still govern effectively. In his first interview since Monday’s vote, the French president denied any long-term damage, even while National Rally leader Marine Le Pen celebrated and cast the toughened bill as an “ideological victory” for her camp. My majority “hasn’t shrunk,” the French president said on the France 5 TV channel. “I respect the women and men who abstained or voted against the bill, but has one of them left our coalition? Has one of them said I’m breaking a...

Aaron Rodgers writes off this season as ‘lost year,’ but quarterback says he feels ‘I can play more years’ in NFL

Published Sat, 01 Feb 2025 08:02:06 GMT

(CNN) — Superstar quarterback Aaron Rodgers, who ruptured his left Achilles tendon just four snaps into his New York Jets career, has written off this season as a “lost year,” though he feels he can “play more years” in the NFL.After spending 18 seasons with the Green Bay Packers, Rodgers was traded to the Jets in the offseason earlier this year.His debut was highly anticipated, but Rodgers only saw 94 seconds of game time as he suffered the significant injury in the Jets’ season opener against the Buffalo Bills when he was sacked by edge rusher Leonard Floyd, only four plays in.Four-time MVP Rodgers had surgery the week of his injury in September, and it was reported that he was making spectacular progress in his recovery and that a return was possible if the Jets were to make the playoffs.Speculation only intensified when the 40-year-old was cleared to return to practice in November, only 11 weeks after the injury.However, with the Jets now officially out ...

Massachusetts airman killed in Osprey crash remembered as a leader and friend to many

Published Sat, 01 Feb 2025 08:02:06 GMT

DALTON, Mass. (AP) — A U.S. Air Force staff sergeant from Massachusetts who was one of eight service members lost when a CV-22 Osprey crashed off the coast of Japan was remembered at his funeral on Wednesday as outstanding and a leader and a friend to many.Jake Galliher, 24, of Pittsfield, was a husband and dad, a brother and son, with bright plans for the future, said the Rev. Christopher Malatesta at the service at the St, Agnes Parish in Dalton.“The Air Force has core values. Jake had those values. Integrity first, service before self, excellence in all that we do,” Malatesta said. “The Air Force has defined in Jake what most of us already knew: He was outstanding and spectacular. He was fun and loveable. He was truly honorable.”Galliher’s remains were the first to be found after the Osprey went down Nov. 29 during a training mission just off Yakushima Island in southwestern Japan. A week later, the U.S. military grounded all its Osprey V-22 aircraft aft...

Quiet Weather Ahead

Published Sat, 01 Feb 2025 08:02:06 GMT

Not much to talk about today in the blog aside from the cold air moving in the next couple of days. Winter officially arrives tomorrow evening and it will feel it the next couple of days. Tomorrow morning temperatures will be in the 20s but with a breeze overnight and tomorrow it will feel like the teens tomorrow morning. A winter’s chill.Tomorrow will feature almost wall to wall sunshine with temperatures in the 30s. But with the breeze will feel like the 20s. Friday is the colder day but with less wind it may actually feel nicer than Thursday. Friday morning will also be cold with temperatures falling to the teens.The cold doesn’t hang around long and we’re already warming up through the the weekend and that will set up a pretty mild Christmas Day.