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Stock market today: Unrelenting rise in Treasury yields drags Wall Street sharply lower

Published Sun, 29 Dec 2024 13:25:59 GMT

NEW YORK (AP) — Wall Street is sinking Tuesday as it focuses on the downside of a surprisingly strong job market. The S&P 500 was 1% lower in morning trading and back to where it was in June. The Dow Jones Industrial Average was down 260 points, or 0.8%, at 33,172, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 1.4% lower.Stocks fell as the pressure on them cranked even higher from rising Treasury yields in the bond market. Such weight has been the main reason the stock market has lost roughly 40% of its value since the end of July, after charging higher for much of the year. The 10-year Treasury yield climbed again Tuesday, up to 4.75% from 4.69% late Monday and from just 0.50% early in the pandemic. It’s near its highest level since 2007 and rose after a report showed U.S. employers have many more job openings than expected.When bonds are paying so much more in interest, they pull investment dollars away from stocks and other investments prone to bigger swings in ...

Source: Ald. Lopez expected to announce 4th District bid for Congress

Published Sun, 29 Dec 2024 13:25:59 GMT

CHICAGO — Chicago Ald. Raymond Lopez is expected to announce his 4th District bid for Congress on Tuesday morning, according to a source.Lopez has been an alderperson of the 15th Ward since 2015, which as of 2020 includes parts of Back of the Yards, Brighton Park, Gage Park, West Englewood, Chicago Lawn, Canaryville and the Stockyards.Jesus "Chuy" Garcia has been serving the 4th District, which includes parts of the Southwest Side and Western suburbs, since 2019.Both ran for mayor in 2022 with Lopez withdrawing before the first round and Garcia finishing in fourth.Garcia took over for longtime U.S. Rep. Luis Gutierrez in 2019, who retired after serving the district since 1993.Lopez was a vocal critic of former Mayor Lightfoot and has been critical of policies of Cook County State's Attorney Kim Foxx. He ended up endorsing businessman Willie Wilson for mayor.Lopez is expected to announce his intention to run Tuesday at 10 a.m. in a press conference. WGN will stream it here.

Man accused of kidnapping New York 9-year-old Charlotte Sena arraigned

Published Sun, 29 Dec 2024 13:25:59 GMT

BALLSTON SPA, N.Y. (WTEN) — The man accused of kidnapping Charlotte Sena in a New York state park over the weekend has been arraigned. Craig Ross Jr., 46, is currently held at the Saratoga County Jail on a charge of first-degree kidnapping. Sena, 9, had been on a camping trip with her family in Moreau Lake State Park, a heavily wooded area some 35 miles north of Albany over the weekend. She disappeared while riding her bike around the campground. Craig Ross Jr. has been accused of kidnapping Charlotte Sena, 9, in a New York state park on Sept. 30, 2023. (Saratoga County Jail)The girl's mother called 911 after Sena's bicycle was found a half hour after her disappearance. Police feared she may have been abducted.Hundreds of search and rescue personnel spent the weekend and part of Monday searching for Sena, covering a 46 linear mile area around Moreau Lake State Park after an Amber Alert was activated Sunday morning.Authorities were watching the Sena family's home during the sear...

Robin's list of singer/athlete couples you've forgotten about

Published Sun, 29 Dec 2024 13:25:59 GMT

CHICAGO — One of the biggest stories in sports has to do with something off the field - and one we saw play out in front of one of our sports anchors on Channel 9.Taylor Swift, arguably the most popular singer in the world at the moment, has been seen with Chiefs tight end Travis Kelce, even attending his last two games. WGN's Jarrett Payton caught the couple leaving Arrowhead Stadium after the game against the Bears on September 24.She was at Kansas City's next game on Sunday when the Chiefs defeated the Jets at Met Life Stadium. While this is exciting, it's not something new in the world of entertainment and sports - and Robin Baumgarten made people aware with that on Tuesday's WGN Morning News.She devoted her choices for "The List" to the singer/athlete couples you've forgotten about through the years. You can see the examples Robin had during the October 3 show in the video above.Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your in...

It's Fat Bear Week!

Published Sun, 29 Dec 2024 13:25:59 GMT

CHICAGO — It's that time of year to celebrate the girth of one of the biggest creatures in nature before they take a long nap. That's because it's "Fat Bear Week"!It's a contest being held by the National Park Service at Katmai National Park & Preserve to see which bear is the biggest before hibernation. This is actually a good thing since bears won't be eating for the next few months while taking their long winter nap.That is just one of the things that we discussed on the "9@9" on Tuesday's WGN Morning News as the host talked about their excitement for "Fat Bear Week."We also talked about a Ryder Cup celebration, trapdoor spiders, an evil hack, an ostrich vs. emu, air hockey, and more during the segment. You can watch this edition of the "9@9" on the October 3 WGN Morning News in the video above.Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.

Don't put pets through airport X-ray machines, TSA says

Published Sun, 29 Dec 2024 13:25:59 GMT

CLEVELAND (WJW) — In preparation for the busy holiday season ahead, the Transportation Security Administration (TSA) is reminding pet owners about the proper way to get through security when traveling with an animal. It seems there have been multiple instances recently where folks have failed to remove pets from carriers and have put them through X-ray machines at security checkpoints. X-ray machines are not for animals, TSA said.The cat was discovered by a TSA officer after the checked bag was passed through an X-ray unit. (TSA)As traveling with pets can be stressful for all involved, TSA offered these helpful tips in a statement to help ease the process: All pets should be brought to a security checkpoint in a hand-held travel carrier. Remove the pet from the carrier just prior to the beginning of the screening process.Place the empty travel carrier on the checkpoint conveyor belt so it can be X-rayed.Never place a pet in the X-ray tunnel. The X-ray at the security check...

Illinois State Police looking for vehicle potentially involved in ammonia incident

Published Sun, 29 Dec 2024 13:25:59 GMT

TEUTOPOLIS, Ill. (WTWO/WAWV) — Illinois State Police is asking for the public's help in finding and identifying a vehicle they say was potentially involved in the crash that caused an anhydrous ammonia leak that killed five people and injured several others.ISP linked to this video that they say shows the vehicle passing through the intersection. RELATED: Teutopolis family speaks out in aftermath of deadly crash According to police the crash occurred at 19470 East U.S. Highway 40. The crash involved a semi-truck tanker carrying anhydrous ammonia that was punctured in the crash and leaked causing the evacuation of the nearby area and five deaths.ISP said investigation led police to believe a dark colored vehicle of unknown make and model may have been involved in the incident as it headed westbound on U.S. 40. The video is from the intersection of Spring Creek Road in Montrose, Illinois and U.S. 40. Police believe the vehicle could have passed the semi-truck tanker. Multiple fata...

Texas Rep. Cuellar unharmed in armed carjacking in DC

Published Sun, 29 Dec 2024 13:25:59 GMT

(The Hill) - Rep. Henry Cuellar (D-Texas) was carjacked in Washington, D.C. on Monday night, according to a staffer from his office. Cuellar was parking his car outside of his apartment in Navy Yard, D.C. when three armed individuals approached the congressman and stole his car, Cuellar's chief of staff confirmed to The Hill. Rep. Henry Cuellar (Associated Press/Eric Gay)Cuellar's chief of staff said the Texas Democrat was not harmed in the incident and authorities later recovered the car. When asked about the incident, DC Metro Police did not identify Cuellar as the victim, but said a carjacking occurred shortly after 9:30 p.m. at the intersection of New Jersey Avenue and K Street SE. Cuellar's chief of staff said the congressman is working with local law enforcement, and thanked DC police and Capitol Police for their "swift action" and recovery of his car. Cuellar is serving his 10th term in the House and represents Texas's 28th Congressional District, which includes the cities of...

New updated guidelines for breast cancer screenings — here's what to know

Published Sun, 29 Dec 2024 13:25:59 GMT

AUSTIN (KXAN) — October is Breast Cancer Awareness Month, and according to health officials, 1 in 8 women will be diagnosed with breast cancer in their lifetime.This year, two new guidelines were issued in hopes of detecting breast cancer early.“Breast cancer is the most common cancer that is detected in women, it doesn't matter if you don't have risk factors for breast cancer, just being a woman is enough of a risk factor,” said breast surgeon Dr. Ingrid Lizarraga. “And we know that the survival for breast cancer is much better when it is detected early.”The U.S. Preventive Services Task Force (USPSTF) now recommends women at average risk of developing breast cancer get a regular mammogram starting at age 40 instead of 50. READ MORE: What is the USPSTF and why do these guidelines matter? “However, I do think it's important for women to understand that your personal risk of breast cancer may require you to start screening earlier depending on your family history,” said Lizarraga.A...

Garlic-filled Friday coming to Warrensburg farmers market

Published Sun, 29 Dec 2024 13:25:59 GMT

WARRENSBURG, N.Y. (NEWS10) - Something aromatic is on the wind. One of the Warrensburgh Riverfront Farmers Market's annual food-specific festivals is coming this weekend - and this one's not for vampires. Get the latest news, weather, sports and entertainment delivered right to your inbox! The 14th annual Garlic Festival at the Warrensburgh Riverfront Farmers Market is open from 3 to 6 p.m. this Friday, Oct. 6. The festival is a chance for visitors to pick up fresh garlic, and taste garlic-based specialty foods like jams, fudge, black garlic, pinwheels, salsa and more. If you want to pick up some garlic to take home, you can find recipes that make use of scapes, closes, and whole bulbs. A food contest will be held for those looking to prove their worth in the arena of the humble, fragrant garlic clove.In addition to the intense bite that comes from a surge of garlic flavor, the market will also include vendors selling a variety of produce, meats, dairy products, and everything el...