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By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are climbing Wednesday following a surprisingly encouraging update on inflation. The Federal Reserve also gave reassurance that it still sees a cut to interest rates, something Wall Street deeply desires, as likely this year. The S&P 500 was 1% higher in afternoon trading
Continue ReadingBy Devon M. Sayers, Tina Burnside and Christina Maxouris, CNN (CNN) — Authorities have identified the suspected gunman in Tuesday’s shooting at a downtown Atlanta food court as Jeremy Malone, according to a news release from the Georgia Bureau of Investigation. Malone, 34, is accused of wounding three people during a shooting at the Peachtree Center, a
Continue ReadingBy RIO YAMAT Associated Press A Republican incumbent on a commission that has a hand in overseeing elections in Nevada’s major swing county has fended off a far-right challenge and secured her party’s nomination in a race that could have had implications for national elections. Heading into Nevada’s primary on Tuesday, the incumbent, Clara Andriola,
Continue ReadingBy CHRIS LEHOURITES AP Sports Writer It started bad, got a little worse before it got a little better, and then finished as widely expected for the United States, losing to India in cricket at the Twenty20 World Cup. The Americans entered Wednesday’s match on a huge high after beating cricket powerhouse Pakistan in their
Continue ReadingBy CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year. The policymakers’ forecast for one rate cut was down from their previous projection of
Continue ReadingBy JIM HEINTZ Associated Press TALLINN, Estonia (AP) — Thousands of athletes in major and obscure sports are vying for medals in the Russian city of Kazan at the BRICS Games, an international competition shadowed by politics amid Russia’s exclusion from major sports events. The games opened Wednesday, which Russia observes as its independence day,
Continue ReadingBy RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — The University of Cambridge has repatriated more than three dozen traditional artifacts to Uganda in a major act of restitution welcomed by the local officials who sought them. Some of the objects were shown exclusively to AP journalists. The objects, selected by Ugandan curators, represent a
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The Palm Springs Police Department is warning the public about a new “sextortion” scam affecting the LGBTQ+ community. According to Palm Springs Police Chief Andy Mills, the department is, “…working on a sextortion case where the victim attempted a hook-up on Grindr. The suspect(s) are likely juveniles from out of town. When the victim met
Continue ReadingBy STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are holding onto most of their gains for the day after the Federal Reserve held its main interest rate steady. The S&P 500 was 0.9% higher Wednesday afternoon after rising as much as 1.3% earlier following a surprisingly encouraging report on inflation. The
Continue ReadingBy LINDSEY BAHR AP Film Writer Sony Pictures Entertainment is getting into the exhibition business. The studio behind recent films like “Bad Boys: Ride or Die” and “The Garfield Movie” has acquired the distinctive theater chain Alamo Drafthouse Cinema, the companies said Wednesday. Included in the deal is the genre film festival Fantastic Fest. Sony
Continue ReadingBy LAURA UNGAR AP Science Writer If you’ve been sick with COVID-19, you may have some protection against certain versions of the common cold. A new study suggests previous COVID-19 infections lower the risk of getting colds caused by milder coronavirus cousins. That could provide a key to creating broader COVID-19 vaccines. The research was
Continue ReadingBy WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — A group of New Jersey police chiefs and Republican lawmakers says parents should be held civilly or criminally responsible for the actions of their children that create disturbances or damage in public places. They spoke at a hearing following the second consecutive year of disturbances
Continue ReadingBy CURT ANDERSON Associated Press Dangerous flooding from a tropical disturbance inundated much of southern Florida on Wednesday, blocking roads, floating vehicles and delaying the Florida Panthers on their way to Stanley Cup games in Canada against the Edmonton Oilers. The disorganized storm system was pushing across Florida from the Gulf of Mexico at roughly
Continue ReadingBy TERRY SPENCER Associated Press PARKLAND, Fla. (AP) — The demolition of the building where 17 people died in the 2018 Parkland school shooting is set to begin. Crews will begin tearing down the three-story building at Marjory Stoneman Douglas High School on Friday. The work was supposed to begin Thursday, but heavy rain and
Continue ReadingBy Andy Rose and Omar Jimenez, CNN (CNN) — The Oklahoma Supreme Court dismissed a lawsuit arguing the remaining survivors of the 1921 Tulsa Race Massacre should be compensated by the city for damages Wednesday, dealing a blow to their ongoing fight for reparations more than 100 years after the attack. Survivors Hughes Van Ellis,
Continue ReadingBy SEAN MURPHY Associated Press OKLAHOMA CITY (AP) — The Oklahoma Supreme Court has dismissed a lawsuit of the last two survivors of the 1921 Tulsa Race Massacre who were seeking reparations. The nine-member court on Wednesday upheld the decision made by a district court judge in Tulsa last year. The suit was an attempt
Continue ReadingLOS ANGELES (AP) — The Los Angeles Dodgers acquired infielder-outfielder Cavan Biggio from the Toronto Blue Jays in exchange for minor league pitcher Braydon Fisher on Wednesday. Biggio arrived at Dodger Stadium earlier in the day and was in the starting lineup against the Texas Rangers. He was designated for assignment last week after batting
Continue ReadingBy PHILIP MARCELO Associated Press NEW YORK (AP) — Palestinian supporters have vandalized locations associated with the Brooklyn Museum and the United Nations in New York City. They threw red paint across their entrances in opposition to the war between Israel and Hamas in Gaza. Mayor Eric Adams says the homes of museum director Anne
Continue ReadingST. JOHN’S, Newfoundland (AP) — The wreck of the last ship belonging to Sir Ernest Shackleton, a famous Irish-born British explorer of Antarctica, has been found off the coast of Labrador in Canada, 62 years after it went missing. The wreck was found by an international team led by the Royal Canadian Geographical Society. The
Continue ReadingDAVENPORT, Calif. (AP) — A kite surfer was rescued after using rocks to spell out the word “HELP” when he became stranded on a Northern California beach last weekend, authorities said. The kite surfer got stuck Sunday on a narrow beach at the base of towering bluffs with the tide coming in, according to the
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