Author: i2wtc

Friday was another big day on Wall Street, with major indexes (^DJI,^GSPC, ^IXIC) closing slightly lower for the day.One of the big topics of discussion was the presidential debate. President Joe Biden’s poor performance has some Democrats calling for him to drop out of the race, Axios national political correspondent Alex Thompson talks about what’s next for Biden and why First Lady Jill Biden plays a pivotal role.A number of big banks, including JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), and Bank of America (BAC) announced they will raise their dividends after passing the Federal Reserve’s bank stress test.The…

A 17-year-old boy has been charged with murder in connection with the shooting death of former Chicago Police Department explosives technician Larry Newman earlier this month, Chicago police announced Friday.The boy, whose identity was not immediately released, is believed to be one of two people who approached and killed Newman, 73, on June 20. Police said he was charged as an adult and is scheduled to appear before a judge for a detention hearing on Saturday in Leighton Criminal Court.Authorities already charged 16-year-old Lazarius Watt on Monday. A judge ordered Watt held in custody until the end of his trial…

OAKLAND — A longtime Oakland political activist was assaulted in two separate incidents in May and June, including one at an address searched by the FBI last week as part of a wide-ranging investigation involving Oakland Mayor Shen Tao. Authorities say Mario Juarez was shot at his home in the 1800 block of Fruitvale Avenue on June 9. The suspect escaped injury in the shooting, but the incident remains under investigation. No arrests have been announced. The attack came roughly a month after Juarez was assaulted at 1211 Embarcadero, the same location where FBI and IRS agents raided the offices…

She described the meeting as “very interesting,” adding that it reflected China’s emergence as a global space leader.Neil Armstrong reflected in Buzz Aldrin’s helmet visor in the famous photograph taken on the moon. Photo: Neil Armstrong, courtesy of NASA, via The Associated Press”When you have power, people come to negotiate. Before, no one came to discuss these issues,” Lee said.”When moon landing was a monopoly of the United States, [the US] There was no need to worry about ownership of minerals on the moon or who might destroy historical sites on the moon.”Now that China has acquired the capability to…

The elections department ruled Friday that Mark Farrell can use the “small business owner” designation on the November ballot, rejecting two formal challenges filed earlier this month. The department required candidates to submit documentation justifying their use of the designation, and Farrell responded by submitting a declaration under penalty of perjury that his business met the definition of a small business. “Thayer Partners Management Company, the small business where I spend most of my professional time, had revenues of less than $2 million in the past 12 months. [calendar year end] 2023,” Farrell wrote. The department considers this “sufficient documentation”…

Recent economic data suggest sustained subdued inflation, which is consistent with the Federal Reserve’s goals and may provide a basis for future monetary policy adjustments. Both the Personal Consumption Expenditures (PCE) and Consumer Price Index (CPI) reports indicate a trend toward decelerating consumer prices.The Bureau of Economic Analysis reported that PCE, the Fed’s preferred inflation measure, rose at an annualized rate of 2.6% in May, down from 2.7% in April, the lowest level since March 2021. Core PCE, which excludes volatile food and energy costs, also fell to 2.6% year-on-year. On a monthly basis, core pressures rose just 0.1%, slower…

Dodging a bullet is practically impossible, since it travels faster than the speed of sound, but if it were possible, the Phillies would be pretty good at it by now. They’ve been practicing a lot. The latest came on Friday afternoon, when it was announced that first baseman Bryce Harper (left hamstring strain) and designated hitter Kyle Schwarber (left groin strain) had been placed on the 10-day disabled list. Johan Rojas was recalled from Triple-A Lehigh Valley and Cody Clemens returned from a rehab assignment with the IronPigs and was placed on the disabled list. Both started against the Marlins,…

Down icon An icon in the shape of a downward angle. Locals discovered the mummified wolf in thawing Siberian permafrost. Northeastern Federal University Researchers are studying a 44,000-year-old mummified wolf found in Russian permafrost.This wolf may tell scientists what its lifestyle and diet was like during the Pleistocene.The researchers hope to learn more about the ancient bacteria and how wolves may be related to modern animals. Considering that this wolf is 44,000 years old, he seems to be in pretty good health for his age.In 2021, residents of Yakutia, eastern Russia, discovered wolves amid thick permafrost that normally stays frozen…

As the battle between fast-food companies and declining customer spending intensifies, new players have entered the value meal market.Following in the footsteps of McDonald’s, Wendy’s and other competitors, Taco Bell is introducing its own combo deals in an effort to lure inflation-weary shoppers back to its stores.The “Luxe Cravings Box” includes several fan-favorite menu items, including the Chalupa Supreme, a beef-filled five-layer burrito, a double-stack taco, chips, nacho cheese sauce and a medium drink, all for a total price of $7. Taco Bell says these items are 55% off the regular price. Taco Bell Taco Bell is introducing their $7…

Two giant pandas from China Arrived The San Diego Zoo Wildlife Alliance announced Friday that efforts to protect the animals are part of ongoing conservation collaborations in Southern California.In a brief statement, the alliance said the pandas, Yunchuan and Xinbao, would spend the next few weeks getting acclimatized to their new home in a private habitat at the San Diego Zoo and would not be available to the public. Yun Chuan, a nearly 5-year-old male giant panda, is seen in this undated photo provided by the San Diego Zoo Wildlife Alliance. The San Diego Zoo Wildlife Alliance announced Friday that…