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Stock market today: World shares are mixed after Bank of Japan fine-tunes bond purchase policy

Published Wed, 26 Feb 2025 06:39:17 GMT

BANGKOK (AP) — Shares in Europe and Asia were mixed on Friday after the Bank of Japan adjusted its bond purchase policy but kept its negative benchmark interest rate unchanged. Paris, Frankfurt, Tokyo and Sydney fell while Hong Kong, London and Shanghai advanced. U.S. futures rose and oil prices fell. Japan’s central bank opted to keep its benchmark interest rate at minus 0.1% at a policy meeting that ended Friday. But it adjusted its bond purchases to allow greater flexibility in yields, saying uncertainties for the economy and prices required a nimbler approach.The yield on the 10-year Japanese government bond rose after the BOJ said it would offer to buy those at a 1% yield each business day, instead of the upper limit of 0.5% that was imposed under its “yield curve control program.”The aim is still to keep long-term interest rates near zero percent, the central bank said. Markets in Japan wobbled before Friday’s announcement. Afterward, Tokyo’s Nikkei 225 dipped more...

Weekend need to know: Beaches Jazz Festival, Jays vs. Angels; road closures

Published Wed, 26 Feb 2025 06:39:17 GMT

Summer festivals continue to take over city streets and parks this weekend including the annual Beaches Jazz Festival, the Festival of Beer, and an Afro-Caribbean Food Festival.Plus, the ‘Boys of Summer’ are back at Rogers Centre playing against the Los Angeles Angels.Toronto will spend one more day under a heat warning, before more comfortable temperatures move in for the weekend.There are no scheduled subway closures this weekend. However, several road closures continue in and around the city.But, for this weekend, there will be no closure of Niagara-bound traffic lanes on the QEW Burlington Skyway as originally scheduled. The Ministry of Transportation says this update is due to recent weather affecting the necessary pre-work for repairs. The bridge will also remain open during the August long weekend.Here’s what to do this weekend:Top eventsBeaches International Jazz Festival StreetFestThe 35th annual Beaches International Jazz Festival’s StreetFest retur...

Arizona mom never stopped looking for her missing daughter. She showed up 4 years later in Montana

Published Wed, 26 Feb 2025 06:39:17 GMT

HAVRE, Mont. (AP) — When Alicia Navarro disappeared in 2019 from her home in a Phoenix suburb days before her 15th birthday, she left a signed note for her family promising she would return.“I will be back, I swear,” the note read. “I’m sorry.”Believing she would keep her promise, Jessica Nunez never stopped searching for her daughter.She paid for a billboard ad in Mexico that featured a photo of her daughter for a year. She bought 10 more ads in Las Vegas. She spoke at events and gave countless media interviews to raise awareness about the case. She left flyers all around Glendale — at salons, truck stops, parks.Nunez’s yearslong search came to an end Sunday when her daughter, now 18, walked into a small-town Montana police station near the Canadian border and identified herself as the missing teenager.Police said Navarro told them she hadn’t been harmed, wasn’t being held and could come and go as she pleased. She does not face any criminal charges, they added.Investiga...

German far-right leader urges conservatives to break down ‘firewall’ against his party

Published Wed, 26 Feb 2025 06:39:17 GMT

BERLIN (AP) — A leader of the far-right Alternative for Germany on Friday urged members of the country’s main opposition conservative bloc to break down a “firewall” meant to isolate his party, which is at record levels in polls.The 10-year-old Alternative for Germany, or AfD, gathered in the eastern city of Magdeburg for a convention stretching over the next two weekends at which it plans to choose candidates and set its policy platform for next June’s European Parliament election. Recent polls put support for AfD at 19-22%, behind only the main conservative opposition bloc. Earlier this week, the latter’s main leader, Friedrich Merz, insisted that there would be no cooperation even at the local level between his Christian Democratic Union and AfD, after his apparent suggestion that they might work together prompted criticism from fellow conservatives.AfD co-leader Tino Chrupalla told delegates that “polls aren’t results” and they should view recent surveys ...

Friday Forecast: Severe Thunderstorm Warning issued for NW Indiana

Published Wed, 26 Feb 2025 06:39:17 GMT

CHICAGO — Another round of storms are moving through the Chicago area Friday morning.Severe storm chance is expected in the morning hours, along with hot and humid conditions. Interactive Radar: Track showers and storm here A Severe Thunderstorm Warning has been issued for Northwest Indiana. A Heat Advisory is in effect across the area until 9 p.m.TONIGHT: Mostly cloudy, severe storm threat 4P-12A. 71TOMORROW: Morning thunderstorm chance, decreasing clouds, N 5-15. 81/77Full forecast details and more at the WGN Weather Center blog

Nearly 200 million people in the US are under heat or flood advisories

Published Wed, 26 Feb 2025 06:39:17 GMT

Nearly 200 million people in the United States, or 60% of the U.S. population, are under a heat advisory or flood warning or watch as high temperatures spread and new areas are told to expect severe storms.The National Weather Service said a “dangerous” heat wave began to scorch the Northeast and mid-Atlantic on Thursday and will continue into the weekend. Severe thunderstorms and flash floods are possible for parts of the Northeast and South, New England and South Florida. Meanwhile, the string of record-breaking temperatures will persist for the Southwest and Midwest.“It's (hitting) all the big cities,” said Bob Oravec, lead forecaster with the National Weather Service's Weather Prediction Center. “That's why the population (affected) is so high.” Former Trump administration lawyer on Mar-a-Lago investigation: ‘The evidence is so overwhelming’ Scientists have long warned that climate change, driven by the burning of fossil fuels, will lead to more and prolonged bouts of extreme ...

'No silver lining in slavery': Tim Scott hits DeSantis on new Florida curriculum

Published Wed, 26 Feb 2025 06:39:17 GMT

(The Hill) - Republican presidential candidate and Sen. Tim Scott (R-S.C.) criticized Florida Gov. Ron Desantis (R) for his state’s new standards on the teaching of Black history. Scott rebuked the new curriculum guidelines, including language that Florida students be taught enslaved people “developed skills” that benefited them under the system of American slavery, during a campaign stop in Iowa on Thursday.When asked by a reporter, the South Carolina senator said there was no upside to the system whatsoever.“There is no silver lining in slavery,” Scott said. “Slavery was really about separating families, about mutilating humans and even raping their wives. It was just devastating.”DeSantis has also faced criticism about the curriculum from Rep. Byron Donalds (R-Fla.), the only Black Republican in Florida’s congressional delegation, and Vice President Kamala Harris. Harris called the teachings “propaganda” last week. “They dare to push propaganda to our children,” Harris said ...

WATCH: 'Whale ballet' video shows 3 humpbacks jump in unison in rare sighting

Published Wed, 26 Feb 2025 06:39:17 GMT

PORSTMOUTH, N.H. (AP) — A New Hampshire man celebrating his birthday on the ocean with his three daughters captured video of something so rare that even marine scientists are jealous — three humpback whales leaping from the water in near perfect unison.“It was such an uplifting thing to see. Just incredible," Robert Addie said.The Portsmouth man, now a home remodeler, spent decades on the water as a commercial fisherman in Massachusetts and Alaska. In that time, he said he's seen thousands of whales.This still image from video provided by Robert Addie shows three humpback whales leaping from the water off the coast of Cape Cod, Mass., on Monday, July 24, 2023. Robert Addie, celebrating his birthday on the ocean with his three daughters, captured video of the three humpback whales leaping from the water in near perfect unison. (Robert Addie via AP)But he never witnessed anything like Monday's whale encounter on a tuna fishing trip off Cape Cod. The excursion with his daughters was ...

Rain-free skies through the start of August

Published Wed, 26 Feb 2025 06:39:17 GMT

AUSTIN (KXAN) -- Heat records are falling left and right this summer... and it's likely we'll rewrite another one by next week.Today's afternoon highs are expected to return to the low 100s for the 21st day in a row and 37th time this year. Scattered morning clouds will quickly clear to mainly sunny skies with dry conditions areawide.Hazy skies continue, brought on by a cloud of African dust. Austin's air quality is expected to be moderate due to the dust through the coming weekend. Austin Interactive Weather Stats (2023) The highly talked about "heat dome" or ridge of high pressure will move directly over the South Plains next week. This will allow hotter than normal summer conditions to continue throughout the 8-14 day period as well, likely meaning Austin breaks the all-time record for consecutive 100 degree days which currently stands at 27 days (set in 2011).Consider supporting our ongoing KXAN Summer Fan Drive in partnership with Family Eldercare by clicking here.FIRST WARNI...

98.3 TRY Social Dilemma: Is It Okay to Dip Into Your Child's College Fund for Expenses?

Published Wed, 26 Feb 2025 06:39:17 GMT

ALBANY, N.Y. (NEWS10) -- Today's 98.3 TRY Social Dilemma came from Philip and it's about money issues. Here's his email: Get the latest news, weather, sports and entertainment delivered right to your inbox! Hi Jaime. I have a real dilemma for you to use. Things have been a bit rough lately when it comes to household finances for my family, and there’ve been some tough decisions that needed to be made. One of the things I’ve been steadfast in not touching has been our daughter’s college fund. She’s 16 now, and we’ve been saving since she was a baby…and now that fund is over $40K. My wife and I have been tempted to dip into it, and have even discussed it, but so far, we haven't. However, we have some big bills coming up and I'm not sure we're going to be able to cover them without "borrowing" some of the money. I'm just worried that once that door is opened, it’ll never close…and I’ll resent myself forever. On the other hand, if we need the money for household expenses, shouldn't we...