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Stock market today: Asian markets mixed after US rate hike

Published Wed, 05 Mar 2025 02:42:30 GMT

BEIJING (AP) — Asian stock markets were mixed Thursday after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it wasn’t sure what may come next.Shanghai and Hong Kong advanced while Seoul and Sydney declined. Japanese markets were closed for a holiday.Wall Street’s benchmark S&P 500 index fell 0.7% on Wednesday after the Fed announced a 0.25 percentage point increase in its lending rate. The Fed’s statement dropped a reference to “additional policy firming” but stopped short of declaring an end to rate hikes.“The key takeaway, in my view, is that we are likely at or very near the end of the rate hike cycle,” said Kristina Hooper of Invesco in a report.The Shanghai Composite Index rose 0.5% to 3,340.28 and the Hang Seng in Hong Kong surged 1.1% to 19,924.15.The Kospi in Seoul lost 0.3% to 2,494.80 and Sydney’s S&P-ASX 200 fell 0.2% to 7,183.20. New Zealand and Southeast Asian markets also declined.On Wall Street, t...

Churchill Downs investigates 4 horse deaths ahead of Derby

Published Wed, 05 Mar 2025 02:42:30 GMT

LOUISVILLE, Ky. (AP) — The death of four horses at Churchill Downs over a span of five days has overshadowed preparations for the Kentucky Derby.Two horses trained by Saffie Joseph Jr. collapsed on the track and died over the past week. Two other horses also died as either a result of racing or training, including Derby entrant Wild On Ice.Joseph is set to saddle Lord Miles in the first jewel of the Triple Crown on Saturday. But he has said he’s unsure of plans after the two deaths from his barn.Churchill Downs Racetrack, in a statement Wednesday, expressed concern over the deaths and said officials would press for answers.“While a series of events like this is highly unusual, it is completely unacceptable,” Churchill Downs said. “We take this very seriously and acknowledge that these troubling incidents are alarming and must be addressed. We feel a tremendous responsibility to our fans, the participants in our sport and the entire industry to be a leader in safety and continue to m...

Girl, 8, dies after being struck by vehicle in Burlington school parking lot

Published Wed, 05 Mar 2025 02:42:30 GMT

Halton police say an 8-year-old girl has died after being fatally struck by the driver of a vehicle outside of a high school in Burlington.Authorities were called to Burlington Central Secondary School and Central Public School just after 5:30 p.m. on Wednesday for reports that a pedestrian had been struck in the parking lot.Central Public School’s online newsletter shows that a spring concert was set to start there at 6 p.m.The young girl was assessed by paramedics and rushed to McMaster Children’s Hospital in Hamilton, where she was pronounced dead.Police said a 21-year-old male driver fled the scene but was arrested a short time later at his home in the area.The driver will be charged with failure to remain and could face additional offences.Halton police are crediting witnesses that were able to track down the driver’s licence plate, leading to his arrest.

McHenry police: Boater finds body in Fox River as detectives search for missing man

Published Wed, 05 Mar 2025 02:42:30 GMT

MCHENRY, Ill. — McHenry police said a boater found a male's body Wednesday in the Fox River as detectives were searching for a man reported missing more than a week ago.In a press release, the McHenry Police Department said the boater found the body around 3:15 p.m. near the 2000 block of South Fernwood Lane. Chicago police: 4 people shot at Parkway Gardens, 1 critical Gustavo Guzman-Perez (McHenry Police Department/Provided)It's about five-and-a-half miles away from where Gustavo Guzman-Perez, 28, was last seen on April 22.Police said the identity of the body found hasn't been released yet by the McHenry County Coroner's Office, but said officers responded to the scene as they were "actively investigating" his disappearance.Police previously said he was last seen around 2 a.m. on April 22 near a home in the 3000 block of Virginia Avenue. The next day, police said more than 60 search and rescue volunteers and emergency personnel searched about 665 acres for him. In a news release ...

What is Arexvy? A look at the new, FDA-approved RSV vaccine

Published Wed, 05 Mar 2025 02:42:30 GMT

It's the world's first vaccine for RSV and the Food and Drug Administration gave the nod Wednesday. It's called Arexvy and the shot is designed to prevent Respiratory Syncitial Virus. The approval is limited right now but the  vaccine is meant to have broad benefits.More than 14,000 people die every year after an RSV infection. Up until now doctors had no way to prevent or treat.Bill Muller M.D., PhD is an infectious disease specialist at Lurie Children’s Hospital.“It can be very frustrating,” he said. “We see these big surges in the winter time.”For decades scientists have been conducting research. After lab tests and clinical trials Arexvy is here. So far, the vaccine is approved for those 60 and older, a high-risk group largely impacted by RSV. US approves 1st vaccine for RSV after decades of attempts “In the older age group, RSV is also a threat and I think it’s a little under recognized,” Muller said. “So even though the percent of adults that are infected with RSV, and the p...

VIDEO: ATCEMS on-board video shows crash at north Austin intersection

Published Wed, 05 Mar 2025 02:42:30 GMT

AUSTIN (KXAN) -- On-board video showed a crash between an Austin-Travis County EMS ambulance crashing with another vehicle at an intersection in north Austin Wednesday, Travis County Emergency Services District No. 2 confirmed in a statement to KXAN.Shortly before 8:45 a.m., a vehicle with three people inside collided with a Travis County ESD No. 2 EMS ambulance at the intersection of Burnet Road and Shoreline Drive in north Austin, the statement said.One person was taken to St. David's Hospital Round Rock for further assessment, and no other injuries were reported for the three ESD No. 2 medics, the statement said.Officials said a reserve ambulance is now in service to replace the ambulance involved in the crash."We are thankful the accident was not more severe and wish the individual a speedy recovery," ESD No. 2 said in the statement.

After conceding St. Paul City Council endorsement, Isaac Russell jumps back into Ward 3 race

Published Wed, 05 Mar 2025 02:42:30 GMT

On Sunday, standing in front of Democratic-Farmer-Labor delegates from Highland Park and Macalester-Groveland, Isaac Russell said he would abide by their chosen endorsement for the Ward 3 seat on the St. Paul City Council. After the first ballot was cast, with Russell notably behind in votes, he again took the stage, shoulder to shoulder with fellow candidate Saura Jost and encouraged the entire room to endorse her instead of him.The applause from the room of 300 delegates was long and hard, and even the ward convention chair told the crowd he felt teary-eyed.On Wednesday, Russell apparently changed his mind.“Our ranked-choice voting system gives us an inclusive process for voters to hear from a campaign centered on our shared challenges and shared solutions,” said Russell, in a written statement announcing his intent to drop back into the race and run for the Ward 3 seat this November. “My commitment to the democratic principle of ensuring every voice in our commu...

1 died, 2 seriously injured in crash on I-270

Published Wed, 05 Mar 2025 02:42:30 GMT

ST. LOUIS COUNTY, Mo. - Interstate 270 reopened Wednesday night after being shut down for nearly five hours following a fatal crash where one person died, and two others were seriously injured.According to a spokesperson for the Missouri State Highway Patrol, four vehicles were involved in a crash that happened around 5:45 p.m. The cars were traveling in the middle lane on southbound I-270. When suddenly, a vehicle struck the car in front of it, which led to a chain reaction.A FOX 2 viewer had sent in a video to us that showed two vehicles engulfed in flames. Fire crews were on the scene putting out the fire. As legal battles mount, Kim Gardner takes nursing classes Two people were taken to a nearby hospital. A third person had died while being rushed to the hospital.No further details have been released of their identities or age.The southbound lanes on I-270 were closed for hours while investigators cleared the scene and did accident reconstruction. The four cars have been remov...

Kim Gardner backers remain steadfast in their support

Published Wed, 05 Mar 2025 02:42:30 GMT

ST. LOUIS - Supporters of St. Louis Circuit Attorney Kim Gardner spent part of Wednesday at the Missouri Capitol in Jefferson City. Members of several organizations, including the Community Justice Coalition, expressed their opposition to several issues. Attempts to remove Gardner from office are one of the issues sparking outrage among her supporters.“We’re going to stand with Kim Gardner today, tomorrow, and until she feels that she is no longer interested in being the circuit attorney in the City of St. Louis,” said Walle Amusa, co-chair of the Campaign for Human Dignity.He said Gardner's enhancing her nursing education is not where attention should be focused. Amusa and other Gardner supporters believe political motivations are behind efforts to remove Gardner. As legal battles mount, Kim Gardner takes nursing classes “The voters have spoken,” said Zaki Baruti, a leader with the Universal African People Organization. He said he believes Gardner’s prosecutions of former Go...

Family wants action on murder suspect GPS violations; says Circuit Attorney won’t answer

Published Wed, 05 Mar 2025 02:42:30 GMT

ST. LOUIS - A murder suspect, out on bond while wearing an ankle monitor, is violating release conditions, according to court records. As the victim’s family says, the St. Louis Circuit Attorney’s office remains silent.It involved Brandon Scott’s murder, which led to an unforgettable scene on the arch grounds in 2021. Scott’s sister, April, recently spoke about her brother, calling him a "…loving family man with two beautiful children.”The Scott family spoke about their frustrations with the legal system on April 24. The family said road rage spurred the driveby shooting in September 2021. Three suspects were charged with murder. One case was dropped. Another led to an April 24 contempt hearing after the Circuit Attorney’s Office failed to have a prosecutor at trial. The third suspect was allowed out on bond and is now the focus of April’s concerns. She recently noticed something about the third defendant, Mark Perry, while reviewing court entries. As legal battles mount, Kim Gard...