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Stock market today: Global shares mostly rise on hopes for US debt deal, but China declines

Published Sat, 22 Feb 2025 10:49:11 GMT

TOKYO (AP) — Global shares were mostly higher Friday as hopes grew that the United States Congress would reach a deal to avoid defaulting on the nation’s debt.France’s CAC 40 added 0.7% in early trading to 7,495.92, while Germany’s DAX jumped 0.7% to 16,284.35. Britain’s FTSE 100 edged up 0.5% to 7,779.82. U.S. shares were set to drift higher with Dow futures up 0.1% at 33,659.00. S&P 500 futures rose nearly 0.2% to 4,219.00. Oil prices rose. Japan’s benchmark Nikkei 225 rose 0.8% to finish at 30,808.35. That was the highest close for the index in about 33 years. Data on Japan’s consumer price index for April showed a rise of 3.4% from the previous year, indicating inflationary pressures were subsiding as prices eased in the rest of the world. Australia’s S&P/ASX 200 gained 0.6% to 7,279.50. South Korea’s Kospi added 0.9% to 2,537.79.Chinese shares fell on renewed worries set off by signs that an extended lockdown over the coro...

1 person found injured after police respond to ShotSpotter alert in Miami

Published Sat, 22 Feb 2025 10:49:11 GMT

A person was found injured after someone opened fire in a Miami neighborhood.Officials said Miami Police responded to a ShotSpotter alert in the area of Northwest 15th Avenue and 68th Street just before 3 a.m., Friday.Authorities found a person suffering from a gunshot wound on the scene. Miami Fire Rescue arrived on the scene to treat the victim.Details are limited as detectives continued to investigate the incident.Please check back on WSVN.com and 7News for more details on this developing story.

Sunak says Russia must ‘pay the price’ for war as UK imposes further sanctions

Published Sat, 22 Feb 2025 10:49:11 GMT

LONDON — Rishi Sunak today warned Russia must “pay the price” for its war in Ukraine as he announced new sanctions on the country’s metals, financial and energy sectors.Russian exports of metals like copper, aluminum and nickel will be restricted under the new sanctions as they are “an important revenue stream funding the Kremlin’s war machine,” the U.K. Foreign Office said.Energy companies like UMATEX and TRINITI, which produce research and infrastructure that may be used to build Russia’s military capabilities, five banks and a series of executives linked to the defense industry will be subject to new British sanctions.The Foreign Office said the package of sanctions also included measures against “shady individuals and entities,” which have been “connected to the theft and resale of Ukrainian grain” from warehouses in Russian-occupied territories.The U.K. agreed with its G7 partners — the U.S., Japan, Germany, Italy, Canada and France — to slap sanctions on Russian diamond ...

The end of Ukraine aid is rapidly approaching. Reupping it won’t be easy

Published Sat, 22 Feb 2025 10:49:11 GMT

Move over, Treasury. You’re not the only one with an X-date.The $48 billion Ukraine aid package that Congress approved in December has about $6 billion left, meaning U.S. funding for weapons and supplies could dry up by midsummer.That’s raising fresh concerns among lawmakers about what the White House is planning next, including when the administration will ask for another major package and whether it will be enough.The funding, many members say, needs to continue to flow without interruption, especially as Kyiv prepares to launch what’s expected to be a sweeping counteroffensive and retake ground in the east from the Russians.“It is critical that the administration provide Ukraine with what it needs in time to defend and take back its sovereign territory,” Sen. Susan Collins (R-Maine) told Pentagon leaders during a hearing on Thursday. “We expect the administration not to wait until the eleventh hour if the Ukrainians need more before the end of the fiscal year.”The White House is ...

Disney World is closing its Star Wars: Galactic Starcruiser in September

Published Sat, 22 Feb 2025 10:49:11 GMT

(CNN) — Walt Disney World is closing down Star Wars: Galactic Starcruiser, one of its newest and splashiest attractions, at the end of September, the resort announced Thursday.The ultra-immersive – and ultra-pricey – bow to the “Star Wars” universe opened to much fanfare in spring 2022.Guests pay from about $4,800 to $6,000 a person for the immersive two-night experience, depending on the number of people in their party.The concept has been touted as much more than a hotel stay with sci-fi decorations. “Voyages” include two nights of lodging but also all food, programming, entertainment and special access to the Galaxy’s Edge area of the Hollywood Studios theme park in Orlando, Florida.When CNN asked Disney why the attraction was closing, a spokesperson said it was “a business decision” and did not elaborate. As for the fate of the building housing the futuristic experience, Disney had “nothing to share at this time.”Big experience on a small scaleIn an official media...

Chicago White Sox minor-league report: Injury updates for prospects Colson Montgomery and Noah Schultz

Published Sat, 22 Feb 2025 10:49:11 GMT

Colson Montgomery had a productive 2022 while playing for three teams in the Chicago White Sox system.A midback strain has delayed the top prospect’s start to 2023. The 2021 first-round pick continues to rehab, according to assistant general manager Chris Getz.“It has improved a good amount here in the last week or two,” Getz said Thursday afternoon. “And we are increasing his activities and look forward to getting him back.“He would have liked to be with an affiliate out of the gate, but this midback strain seems to be kind of in the rearview mirror and hope to get a good chunk of the season this year.”Three of the top four prospects in the Sox system are in various stages of coming back from injuries.Third baseman Bryan Ramos, the organization’s No. 3 prospect, is in extended spring training recovering from a groin-related injury.“He’s (been a designated hitter), played third base,” Getz said. “He’s got a coup...

Get to know Terell Smith: Q&A with the new Chicago Bears cornerback’s college coach

Published Sat, 22 Feb 2025 10:49:11 GMT

With a need for depth at cornerback to join Jaylon Johnson and Kyler Gordon, the Chicago Bears drafted Tyrique Stevenson in the second round and circled back for Minnesota’s Terell Smith in Round 5 at No. 165.Conventional thinking is Stevenson will get the first shot to be a starter in the nickel package, but the Bears believe Smith has upside and will compete to be in the mix.“What’s special about him is he’s kind of made that steady ascent,” co-director of player personnel Trey Koziol said. “So when we look at drafting players, it’s like, can you still get more out of them? Are they still on that developmental upswing? And that’s where Terell really stood out.“He’s had some good, he’s had some bad, but it’s constantly gotten better. The senior year he showed a ton of improvement and he just kept getting better and better and then he went to the East-West Shrine game and that just kept getting better and better...

Niro PHEV confirms the best of both worlds, for KIA lovers!

Published Sat, 22 Feb 2025 10:49:11 GMT

In 2023, KIA takes the Niro to new heights. As a popular commuter known for excellent gas mileage and great interior space, the Niro goes PHEV.Wrapped in Mineral Blue with Black Aeroblade accents, the 2023 KIA Niro explodes with the newly designed front emblem consumers come to enjoy as well as the versatility the Niro has to offer. Powerfully equipped with a 11.1 kWh battery including 33 miles of all-electric range, but impressively a 510 total driving range; that’s phenomenal in fact. This combines for over 107 MPGe. Currently, the Niro offers a Hybrid version and 100% EV option, while the Niro PHEV is the newest to the ever-evolving fleet. With 180 horsepower the Niro PHEV was not sluggish and was quick on its feet.Interior-wise, it’s all KIA and their excellent design qualities. Easy to use infotainment system, center console offered the on/off button and the turn dial transmission. With best-in-class rear legroom and class-leading passenger room, the Niro really is ...

Detroit enclave built on auto industry struggles under $20M water debt

Published Sat, 22 Feb 2025 10:49:11 GMT

HIGHLAND PARK, Mich. (AP) — Kevin Houston scanned the Michigan street where his fixer-upper and older homes bridge gaps between the vacant, overgrown lots and abandoned, ramshackle houses, boarded-up businesses and potholed streets of Highland Park.“It’s not a bad place to live,” Houston said. “It’s not the best.”The community nearly surrounded by Detroit is teetering on the edge of bankruptcy because it cannot pay its bills to the utility providing drinking water to a city that was once a thriving auto manufacturing town. It serves as an example of blue collar cities that lost their way amid changes to manufacturing and are now shells of their past, plagued by neighborhood malaise, neglect and deep poverty.Over 50,000 people lived there in 1930. Homes — elegant and spacious — rivaled some of those built in Detroit. The city is just under 3 square miles (7.8 square kilometers) and is a shell of its auto baron past, when manufacturing boomed and money flowed. Fewer than 9,000 now cal...

Sudan’s top army general formally fires rival paramilitary leader as his deputy in symbolic gesture

Published Sat, 22 Feb 2025 10:49:11 GMT

CAIRO (AP) — In a symbolic gesture, Sudan’s army general on Friday fired the paramilitary leader — his former ally turned rival — as the deputy of the country’s governing body, state media reported. The dismissal by Gen. Abdel Fattah Burhan of Mohammed Hamdan Dagalo, commander of the Rapid Support Forces, from the Sovereignty Council comes as the two warring generals continue to battle for control over this troubled African country. The monthlong conflict that has killed at least 705 people, the World Health organization said Friday. The firing, reported by the state SUNA news agency, is unlikely to affect the battlefield where the warring sides appear locked in a stalemate and unwilling to end the hostilities. The paramilitary forces did not immediately comment. Last week, the two sides signed a U.S-Saudi brokered pact vowing to better protect civilians caught in the crossfire. International efforts are underway to try and build a lasting truce.Burhan appointed Malik Ag...