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Stock market today: Wall Street ticks up, and S&P 500 pulls closer to a record on rate-cut hopes

Published Sun, 29 Dec 2024 12:51:25 GMT

NEW YORK (AP) — Wall Street ticked higher Tuesday and pulled within a good day of its record amid hopes that moves by Japan to keep interest rates easy for investors could be a preview for the rest of the world.The S&P 500 rose 0.6% and is just 0.6% shy of its record set nearly two years ago. The Dow Jones Industrial Average gained 251 points, or 0.7%, and set its own record for a fifth straight day, while the Nasdaq composite climbed 0.7%.Enphase Energy jumped 9.1% for the biggest gain in the S&P 500 after the maker of microinverters for the solar industry told employees it will cut 10% of its global workforce and make other streamlining changes. Stocks of oil-and-gas companies also pushed the market higher after crude prices recovered some of their sharp drops from recent months. Around the world, stocks were mixed in mostly quiet trading. Japan was an exception, and the Nikkei 225 jumped 1.4% after the Bank of Japan decided to keep its benchmark interest rate below zero a...

What to expect at the airport and on the roads this holiday season

Published Sun, 29 Dec 2024 12:51:25 GMT

FILE - Travelers wait in line for service at the Southwest Airlines check-in counter at Denver International Airport on Dec. 27, 2022. Southwest Airlines will pay a $35 million fine as part of a $140 million agreement to settle a federal investigation into a debacle last December when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays. (AP Photo/David Zalubowski, File)(AP/David Zalubowski) FILE - Travelers wait in line for service at the Southwest Airlines check-in counter at Denver International Airport on Dec. 27, 2022. Southwest Airlines will pay a $35 million fine as part of a $140 million agreement to settle a federal investigation into a debacle last December when the airline canceled thousands of flights a...

Eagles in a world of hurt and uncertainty following three-game losing streak

Published Sun, 29 Dec 2024 12:51:25 GMT

PHILADELPHIA (AP) — Jalen Hurts might have the answer why the once-mighty Eagles have slid from 10-1 and the top of the NFC to 10-4 and fighting for a division title amid a three-game losing streak.A streak in which they failed to score more than 19 points. A streak that forced coach Nick Sirianni to change the defensive coaching staff. A streak that all but knocked the Eagles out of a shot at earning the NFC’s No. 1 seed and a first-round playoff bye.“I don’t think we were committed enough,” Hurts said.Hurts — who played through an illness Monday night — tried to take responsibility by saying that getting the Eagles on the right page starts with him. That opportunities are always there for him to make plays. But it’s clear following their loss in Seattle that the Eagles need more than Hurts returning to his Pro Bowl level for the team to make a second straight Super Bowl.“We have to make an internal change in how we attack things, how we come to work every day,” Hurts said. “Starts...

NFL players face pressure as never before, in the digital-age surge of betting and fantasy

Published Sun, 29 Dec 2024 12:51:25 GMT

EAGAN, Minn. (AP) — Alexander Mattison and the Minnesota Vikings had boarded the flight home after a tough loss earlier this season, when the fifth-year running back found dozens of hateful and racist messages directed toward him on social media.Criticism for the fumble he lost or his lack of rushing yards in the game? Fine. That comes with the job. But the trolling that night was so egregious that Mattison, after conferring with a trusted friend and fellow Black teammate, decided to push back and share some screen shots.“Under my helmet, I am a human, a father, a son,” Mattison posted on Instagram in his lament and challenge to the 60-plus users to reflect on their words and the harm they can inflict. “This is sick.”The intensity of NFL fandom that increased with the surge of fantasy football participation around the turn of the century has spiked further in the age of online betting. “When you used to lose, you would hear about it because of a fan’s loyalty to the team. They want ...

Kingston music strategy goes to city council

Published Sun, 29 Dec 2024 12:51:25 GMT

At Tuesday’s meeting, Kingston city council will consider a strategy meant to support the city’s music community.It will call for the transfer of $200,000 in funds from the capital budget of the arts and culture services department to Tourism Kingston to support the implementation of the strategy.The strategy enlisted the consulting firm Nordicity to identify existing issues in the local music scene and make recommendations to support its growth and sustainability. The document is dense with a number of ideas that will be longer term goals, but an immediate step and one that is emphasized in the strategy is the creation of a Kingston Music Office and the appointment of a Music Officer. That person will in effect act as the middle-man between city hall and the music community and try to lend a perspective from the music community to city made decisions and events. Of the $200,000 proposed as an initial annual cost, $100,000-$150,000 is expected to be used for staffing. To...

Colorado Supreme Court blocks Trump from 2024 ballot

Published Sun, 29 Dec 2024 12:51:25 GMT

DENVER (AP) — The Colorado Supreme Court on Tuesday declared former President Donald Trump ineligible for the White House under the U.S. Constitution’s insurrection clause and removed him from the state’s presidential primary ballot, setting up a likely showdown in the nation’s highest court to decide whether the front-runner for the GOP nomination can remain in the race.The decision from a court whose justices were all appointed by Democratic governors marks the first time in history that Section 3 of the 14th Amendment has been used to disqualify a presidential candidate.“A majority of the court holds that Trump is disqualified from holding the office of president under Section 3 of the 14th Amendment,” the court wrote in its 4-3 decision.Colorado’s highest court overturned a ruling from a district court judge who found that Trump incited an insurrection for his role in the Jan. 6, 2021, attack on the Capitol, but said he could not be barred from the ballot because it wa...

Swatting closes Littleton mall on Tuesday

Published Sun, 29 Dec 2024 12:51:25 GMT

DENVER (KDVR) -- The Jefferson County Sheriff's Office responded to the Southwest Plaza Mall in Littleton at about noon on Tuesday for an alleged swatting incident.The mall was closed for approximately three hours as law enforcement searched the building, reopening just before 3 p.m. Deputies were posted at every entrance, and no one was allowed into the building while they searched. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Jefferson County Sheriff's deputies were joined by multiple jurisdictions, and six K-9s were deployed to search the mall. No threat was found.The sheriff's office told FOX31's Kim Posey that they had no reason to believe this was anything other than a swatting call.Swatting is the action of making a fake call to emergency services, usually with the intent of drawing a large emergency response, and often leading to a dangerous situation for individuals who are at the location and unaware of the impending police response.

Westminster teen accused of plans to fight with Islamic State group

Published Sun, 29 Dec 2024 12:51:25 GMT

DENVER (KDVR) — A Westminster teen arrested at the airport on Monday is accused of planning to serve as a fighter for the Islamic State group, according to federal prosecutors.Humzah Mashkoor, 18, faces a federal charge of attempting to provide material support to a designated foreign terrorist organization, according to the U.S. Department of Justice. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Mashkoor was arrested on Dec. 18 at Denver International Airport, where he was traveling to the United Arab Emirates, allegedly with ultimate plans to join the Islamic State group in Afghanistan or Syria, the Justice Department said in a release.He made his first appearance in federal court on Tuesday.The FBI Denver Field Office is investigating the case.

Denver weather: More mild days before a chance for snow returns to Colorado

Published Sun, 29 Dec 2024 12:51:25 GMT

DENVER (KDVR) — Denver tied a record high temperature in Denver weather Tuesday, reaching 67 degrees to tie the old record set more than one hundred years ago in 1917. The area will stay mild through the end of the week with afternoon readings about 15 degrees above normal. The Pinpoint Weather Team, Colorado's Most Accurate Forecast, is closely watching the next chance for showers arriving by the holiday weekend. Details on exact timing, temperatures and possible snow totals will be worked out in the coming days.Rain and snow showers possible as the Christmas holiday approachesWeather tonight: Lots of clouds and coldThere will be lots of clouds streaming in from the West Coast that will make for a mostly cloudy night. Clouds at this time of year can act like a blanket making overnight lows not as cold. The coldest low will be in the Colorado mountains with single digits and teens. Denver will be chilly, but above freezing in the upper 30s. Denver ties Tuesday’s 106-year-old heat ...

Hit-and-run driver pins CDOT worker to vehicle on I-76

Published Sun, 29 Dec 2024 12:51:25 GMT

DENVER (KDVR) — A hit-and-run driver crashed into a Colorado transportation worker on Monday along Interstate 76.According to Colorado State Patrol, it happened around 12:38 p.m. on westbound I-76 near the Interstate 270 off-ramp interchange. The crash was reported as a possible hit-and-run. FOX31 Newsletters: Sign up to get breaking news sent to your inbox The worker is a contractor for the Colorado Department of Transportation, CSP said.On Tuesday, CSP said the worker was standing on the side of a vehicle when a semi backed into an open door, pinning the worker between the closing door and the vehicle, CSP said. The truck driver then left the scene.CSP said state troopers later made contact with the trucker's company.CDOT closed the I-270 ramp for the investigation.