US stocks rise after Biden taps Powell for a new Fed term
Stocks mostly rose in afternoon trading on Wall Street Monday as investors head into a holiday-shortened week with reassurance about leadership at the Federal Reserve. The S&P 500 rose 0.4%, the Dow Jones Industrial Average rose 0.6% and the Nasdaq fell 0.6%. President Joe Biden said he would nominate Jerome Powell for a second four-year…
Read More5 Dead, 40 Injured after SUV Speeds into Christmas Parade
WAUKESHA, Wis. (AP) — The city of Waukesha, Wisconsin, says at least 5 people are dead and more than 40 injured after an SUV sped through barricades and into a Christmas parade in the Milwaukee suburb. The city did not release any additional information about those who died. Police have said a “person of interest”…
Read MoreAs Tourism Brightens, Times Square Hopes to Regain Luster
NEW YORK (AP) — Even as visitors again crowd below the jumbo screens in New York’s Times Square, the souvenir shops, restaurants, hotels and entrepreneurs within the iconic U.S. landmark are still reeling from a staggering pandemic. With vaccinated foreign tourists now welcomed back into the United States, New York City is hoping a stream…
Read MoreKyle Rittenhouse cleared of all charges in Kenosha shootings
KENOSHA, Wis. (AP) — Kyle Rittenhouse has been acquitted of all charges after pleading self-defense in the deadly Kenosha, Wisconsin, shootings that became a flashpoint in the nation’s debate over guns, vigilantism and racial injustice. The jury came back with its verdict afer close to 3 1/2 days of deliberation. Rittenhouse, 18, could have gotten…
Read MoreDems’ sweeping social, climate bill passes divided House
WASHINGTON (AP) — A sharply divided House has approved the Democrats’ sweeping social and environment bill, a big victory for President Joe Biden. Republicans solidly opposed the measure, but Democrats prevailed after the party's progressives and moderates ended months of disputes over its size and scope. The legislation now moves to the Senate, where moderates…
Read More