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Dow, S&P 500 surge to record highs after Federal Reserve’s supersized rate cut

Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.The Dow rose 633 points, or 1.5%, on Thursday afternoon to pass 42,000. The S&P 500 gained 2%, topping the 5,700 level for the first time. The Nasdaq Composite added 2.9%.Tech stocks surged: Nvidia shares popped 5.3%, Tesla shares gained 7.1%, Meta Platforms shares rose 3.5% and Apple shares climbed 3.8%.The Fed on Wednesday cut rates by half a point, marking its first rate cut since the onset of the Covid pandemic and bringing rates down from a 23-year high. The move was larger than th

Schumer takes steps to prevent shutdown as Speaker Johnson’s next move unclear

Crime|News|Political

Alaska man charged with making numerous graphic and violent threats towards Supreme Court justices

An Alaska man was charged and arrested Wednesday for sending numerous graphic and violent messages through a public Supreme Court communications portal that threatened to injure and kill six justices, according to court filings and the Justice Department.Some of the messages, according to court filings, used the N-word in threats to “lynch” a justice – identified in the filings as “Supreme Court Justice 1” – while also threatening the justice’s “insurrectionist wife.” Other messages refer to shooting another justice – identified “Supreme Court Justice 2” – and kill

Israeli military says it is striking Hezbollah targets in Lebanon

So, the Fed cut rates? It’s still not the best time to buy a house

News|World

Israeli jets are carrying out huge sonic booms over Beirut, witness

Israeli jets are carrying out huge sonic booms over the Lebanese capital, Beirut, during a speech by Hezbollah leader Sayyed Hassan Nasrallah on Thursday, a Reuters witness said.Lebanese residents, already on edge following this week's blasts across the country that the group blamed on Israel, were panicked fearing a major escalation. (Reporting by Maya Gebeily, Writing by Nayera aAbdallah, Editing by Michael Georgy)

Fact check: 12 completely fictional stories Trump has told in the last month

Harris plans a livestream with Oprah Winfrey while Trump is set to address an Israeli-American group

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Business|Entertainment|News

MrBeast’s production company and Amazon are being sued for alleged harassment of contestants on his reality show

Five contestants competing on a MrBeast-hosted reality competition show have filed a proposed class-action lawsuit against the YouTube star’s production company and Amazon, claiming they were denied pay, forced to participate in unsafe conditions and subjected to a “culture of misogyny and sexism.”The lawsuit was filed Monday in a Los Angeles court by participants on the Amazon Prime Video show called “Beast Games,” which was announced in March. It features “over 1,000 contestants, $5,000,000 prize, and many other world records,” the creator MrBeast, whose real name is Jimmy Dona

Celebrity|Entertainment

Colin Farrell ‘shared a few texts back and forth’ with Danny DeVito about ‘who’s the best Penguin’ ahead of reprising role

With this week’s “The Penguin,” Oscar-nominated actor Colin Farrell steps back into the role of Oz Cobb, the hardened and upwardly mobile mobster first introduced in 2022’s “The Batman.”The role is a new iteration of the dastardly DC Comics criminal The Penguin, a character that has been portrayed by numerous actors over the years – perhaps most famously by Danny DeVito in Tim Burton’s 1992 film “Batman Returns.”Ahead of his reprisal of the role, Farrell shared during a press conference in West Hollywood, California last week that he consulted with DeVito – with whom he c

Sean ‘Diddy’ Combs was arrested after a year of intensifying allegations. How we got here

Demi Lovato hopes to one day bring issues raised in ‘Child Star’ documentary to Capitol Hill

Entertainment

Ariana Grande, Billie Eilish and Chappell Roan among stars set for ‘SNL’ Season 50

“Saturday Night Live” will have a slew of famous faces to help kick off its historic 50th season when the show returns later this month.Ariana Grande, Billie Eilish and Chappell Roan are among the stars that have been announced to host or appear as musical guest on “SNL” this upcoming season.Recent Emmy-winner Jean Smart will host the season premiere on September 28, along with musical guest Jelly Roll; the October 5 episode will be hosted by Nate Bargatze with Coldplay performing; October 12 will be hosted by Grande with Stevie Nicks as the musical guest; Michael Keaton will host the

Celebrity|Crime|Entertainment|News

Sean 'Diddy' Combs will stay in jail after bail is denied for a second time

�� Combs is staying locked up after a judge Wednesday rejected the hip-hop mogul’s proposal that he await his sex trafficking trial in the luxury of his Florida mansion instead of a grim Brooklyn federal jail. U.S. District Judge Andrew L. Carter ruled that Combs' plan — which included a $50 million bail offer, GPS monitoring and strict limitations on visitors — was “insufficient” to ensure the safety of the community and the integrity of his case. Carter, agreeing with prosecutors who fought to keep Combs in jail, found that "no condition or set of condit

JD Souther, who helped write ‘New Kid in Town,’ ‘Heartache Tonight’ and other Eagles hits, has died

California governor signs laws to protect actors against unauthorized use of AI

Environment

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Environment|News

NOAA confirms investigation into RFK Jr. over dead whale carcass

The National Oceanic and Atmospheric Administration confirmed on Monday it is investigating Robert F. Kennedy Jr. for allegedly decapitating a dead whale carcass and transporting it home two decades ago.On Saturday, Kennedy said at a campaign event in Arizona he received a letter from the National Marine Fisheries Services, an organization that falls underneath NOAA, informing him he was under investigation for an incident he said occurred 20 years ago in which he collected a dead whale specimen.A spokesperson for NOAA confirmed to CNN on Monday that Kennedy is under investigation for the inci

Environment|News

A once-in-1,000-year rainfall event from an unnamed storm floods homes and forces rescues in North Carolina

Floodwater surged into homes, stranded vehicles and forced water rescues in coastal North Carolina on Monday after a tropical storm-like system dumped historic amounts of rain in a matter of hours.“It’s probably the worst flooding that any of us have seen in Carolina Beach,” Town Manager Bruce Oakley told CNN of the tourist town not far from Wilmington. “We’ve had to rescue people from cars, also some from houses and businesses.”Emergency services fielded dozens of calls for rescue, Oakley added.Carolina Beach was placed under a state of emergency Monday after a “historic” 18 i

Shanghai slammed by what China says is the city’s strongest storm in seven decades

Cooler weather in Southern California helps in wildfire battle

Environment|Europe|News

At least 17 killed in floods as a month’s worth of rain pounds central Europe

At least 17 people have been killed in some of the worst floods to hit central Europe in decades as Storm Boris sweeps through the region, dumping well over a month’s worth of rain.Austria, Poland, the Czech Republic and Hungary have all been hit with extreme rainfall. The Polish government declared a state of emergency after days of rain devastated swathes of the country’s southwestern regions. Prime Minister Donald Tusk announced $260 million (1 billion zloty) in emergency aid for the hardest hit regions on Monday, Polish national news agency PAP reported.Across the border in the Czech R

Crime|Economy|Environment|News

Climate protesters are taking action against Big Oil. UK courts are handing them prison terms akin to rapists and thieves

As right-wing rioters attacked communities with racist violence across parts of the UK last month, 22-year-old climate activist Cressie Gethin sat in a prison cell.Her crime? Organizing a disruptive protest against new government-granted licenses to drill for oil — a planet-heating fossil fuel — in the North Sea.In late July, a London court found Gethin and four other members of the Just Stop Oil activist group guilty of “conspiring intentionally to cause a public nuisance,” after recruiting protesters to climb structures along the M25 — a major ring road around London — bringing t

A polluting, coal-fired power plant found the key to solving America’s biggest clean energy challenge

California’s earliest snow advisory in nearly 20 years could also bring month’s worth of rain

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Environment|News|World

Climate-related 'one-two punch' seen driving Los Angeles wildfires

MidEast|News|World

Is Israel preparing for a war with Hezbollah?

The specter of all-out combat between Israel and Hezbollah seems closer than ever before

September 18, 2024

Election|News|Opinion|Political

Teamsters won’t endorse in presidential race after releasing internal polling showing most members support Trump

Americas|Crime|News|World

Mexican president calls on ex-security secretary to show proof of alleged cartel ties

Mexican President Andrés Manuel López Obrador is demanding that former secretary of public security Genaro García Luna, who was convicted on drug trafficking charges in the United States last year, present evidence to support his accusations that the president has links to drug trafficking

September 18, 2024