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Stock market today: Wall Street drifts ahead of this week’s inflation report

Published Sat, 28 Dec 2024 20:56:42 GMT

NEW YORK (AP) — Stocks are largely stuck on Tuesday as Wall Street waits for updates later in the week on inflation and corporate profits.The S&P 500 was 0.1% higher in early trading and looks to be on track for another quiet day after a listless Monday. The Dow Jones Industrial Average was up 111 points, or 0.3%, at 34,055, as of 9:45 a.m. Eastern time, and the Nasdaq composite was virtually unchanged.Salesforce jumped to one of the S&P 500 ‘s bigger gains, up 3.2%, after it announced the first increase in list prices for several product lines in seven years. Amazon was also pushing upward on the market, rising 1.5% on the first day of the annual Prime Day sales event it created.The week’s main event will arrive on Wednesday, when the U.S. government will offer the latest update on inflation at the consumer level. Economists expect to see another slowdown, with prices 3.1% higher in June than a year earlier, down from inflation of 4% in May and just above 9% last summ...

Busch Light signs multiyear deal with Trackhouse Racing to sponsor Ross Chastain

Published Sat, 28 Dec 2024 20:56:42 GMT

Anheuser-Busch and Trackhouse Racing announced a multiyear agreement Tuesday that will make Busch Light, long one of the main sponsors for retiring NASCAR star Kevin Harvick, the primary sponsor for Ross Chastain in the Cup Series.The deal, which begins in 2024, had been in the works for months, but an announcement was pushed back when Anheuser-Busch became embroiled in controversy for sending a commemorative Bud Light can to transgender influencer Dylan Mulvaney.Many conservatives and critics of the LGBTQ+ community boycotted Bud Light, which has since been supplanted by Modelo as America’s best-selling beer, while some of Mulvaney’s fans claimed the brand did not do enough to support her.Busch Light, which is one of NASCAR’s four premier partners, was silent on social media from April 3 until June 22, three days before Chastain won the Cup Series race at Nashville Superspeedway. Trackhouse made it back-to-back wins the following week, when Shane van Gisbergen triumphed...

Cameron releases public safety plan in bid to unseat Democratic governor in Kentucky

Published Sat, 28 Dec 2024 20:56:42 GMT

LOUISVILLE, Ky. (AP) — Republican gubernatorial nominee Daniel Cameron proposed awarding recruitment and retention bonuses to bolster police forces, part of a sweeping public safety plan unveiled Tuesday that calls for tougher penalties against drug traffickers found responsible for causing deaths in Kentucky.Cameron, the state’s attorney general, also proposed requiring that prosecutors pursue the death penalty against anyone convicted of murdering a police officer. He pledged to work with lawmakers to pass a wiretapping law to support investigations of drug- and gang-related crime. And he vowed to push for a standalone carjacking law aimed at a crime that he said has become more prevalent in Kentucky cities.An overarching goal is to make Kentucky “the best place in America to be a police officer,” a Cameron campaign release said ahead of a news conference Tuesday. Cameron is challenging Democratic Gov. Andy Beshear in one of the nation’s most closely watched campaigns in 202...

Best Prime Day deals for under $100

Published Sat, 28 Dec 2024 20:56:42 GMT

BestReviews is reader-supported and may earn an affiliate commission. DetailsCATCH THESE PRIME DAY BARGAINS BEFORE THEY DISAPPEAR Prime Day 2023 is here and this year's sales extravaganza features some of BestReviews' favorite products. Many top-selling small appliances, home items, unique gadgets, essential beauty products and more fall into the $100 or less price range when they are on sale for the big event. Now is the perfect time to save on popular items at deeply discounted prices. To help you get started, we’ve rounded up the best deals of 2023 that are available now and cost less than $100, including a favorite of the BestReviews Testing Lab.The deals below were last updated on July 11, 2023, at 8 a.m. PT.Shop this article: Kidde Carbon Monoxide Detector, Cricut EasyPress 2 Heat Press Machine and Echo Dot 5th Gen KidsBEST PRIME DAY DEALS FOR UNDER $100Kidde Carbon Monoxide Detector 30% OFFHaving a carbon m...

Police search for supermarket bandit who swiped $400 worth of meat

Published Sat, 28 Dec 2024 20:56:42 GMT

Police are searching for a man that stuffed his backpack with hundreds of dollars worth of meat products in a West Miami grocery store.The stealing spree happened at Tropical Supermarket on Southwest 8th Street on July 3, but it wasn’t the first time that the store has been the victim of a crime like this.“It did start out as a theft, but escalated when the subject pulled out a knife to an armed robbery,” said West Miami Police Department Detective Richard Menor.Surveillance footage displayed a criminal grocery run involving an armed man, along with a dispute over steaks and salami.“We really want to get this person off the street,” said the detective.Menor said he wants to find the man that stole about $400 of the store’s meat products. The man first browsed the beef and pork section, where he boldly stuffed products into his backpack until he was met by the store manager.He then pulled out a pocket knife and made what seemed to be a stabbing mot...

FMU marching band reacts after invitation to perform at Festival Des Bandafolie in France

Published Sat, 28 Dec 2024 20:56:42 GMT

The marching band from Florida Memorial University (FMU) is off to France for a major performance. Now, those behind the music are sharing their excitement as they set out to prove themselves on a world stage.From late-night rehearsals on campus to center stage in Paris, France, FMU becomes the first American college marching band to perform at the Festival Des Bandafolie. “Honestly, we were just doing what we do every day and the people from France reached out to us they’ve been watching our videos and they reached out to my assistant director and said, ‘We would love for you guys to consider coming to our event,'” said Director of bands at FMU Richard Beckford. The band departs on Tuesday for the all-expense paid trip and is going to perform for four days alongside 10 different bands from across the world at the 26th annual festival. While the university is over 100 years old, the marching band has only been active since 2020.“It was definitely shocki...

Florida woman accused of fatally shooting her neighbor through a door pleads not guilty

Published Sat, 28 Dec 2024 20:56:42 GMT

(CNN) — Susan Lorincz, the Florida woman accused of fatally shooting her neighbor through a closed door last month during a dispute over children playing outside, waived her arraignment and entered a written plea of not guilty, court officials said.Lorincz, a 58-year-old White woman, is charged with manslaughter with a firearm and assault related to the June 2 shooting of her Black neighbor, Ajike “AJ” Owens, who had been knocking on Lorincz’s door, investigators in Marion County said.Lorincz became angry prior to the shooting because several neighborhood children, including Owens’ children, were playing near her home, investigators have said.The Owens family previously told CNN Lorincz harassed Owens and her children and used racial slurs toward them prior to the killing.Lorincz’s next court date “will most likely be sometime in September,” according to Rhaiza Robles, a spokesperson with Florida’s Fifth Judicial Circuit Court.She has not posted the $154,000 bond set for her, Rich B...

LIV Golf’s $50 million season-ending championship moved from Saudi Arabia to Trump National Doral

Published Sat, 28 Dec 2024 20:56:42 GMT

(CNN) — The final event of the 2023 LIV Golf season has been switched from Saudi Arabia to Trump National Doral in Florida, organizers announced Monday.Originally slated to be staged at Jeddah’s Royal Greens Golf and Country Club between November 3 and 5, the season-ending team championship – which offers a $50 million prize purse – will now tee off at former US President Donald Trump’s Miami course on October 20 – 22.LIV Golf Jeddah will now stage the 13th and final tournament of the Saudi-backed tour’s regular season between October 13 and 15 to determine its individual champion.The 12 four-man teams will be seeded for the head-to-head team championship based on their finishing positions in the regular season.It marks a repeat of the scheduling for the curtain-closing events of LIV Golf’s 2022 season, where Dustin Johnson clinched the individual championship in Jeddah before captaining the 4Aces to victory in the team championship at Trump National Doral.Alongside American compatr...

EU conservatives score big win on industrial emissions rules

Published Sat, 28 Dec 2024 20:56:42 GMT

As the EU bubble frets over an upcoming vote on hotly contested plans to boost nature restoration, a lesser-known Green Deal law suffered a major blow, handing a big win to conservative EU parties.Lawmakers in the European Parliament’s plenary on Tuesday voted to significantly water down the European Commission’s proposal to revise the bloc’s industrial emission rules, pushing to lower the number of targeted farms and exclude cattle farms altogether. The result is a clear win for farmers’ groups and their conservative and right-wing political allies — chief among them the European People’s Party, which has been pushing hard to water down key green legislation and portray itself as defending farmers’ interests ahead of next year’s European election.“Support for farmers at last!” EPP lawmaker Benoît Lutgen, who led work on the file in the agriculture committee, tweeted after the vote. The vote follows a fierce fight over how m...

Motorcyclist suffers serious injuries after being struck in Roxbury

Published Sat, 28 Dec 2024 20:56:42 GMT

Police in Boston are investigating after a person on a motorcycle was struck by a driver in Roxbury Tuesday morning.Officials with the Boston Police Department said officers were first called to the scene at Warren and Dale streets just after 9:30 a.m. for a reported accident.The victim struck suffered serious injuries, according to Boston PD.Police could be seen taping off a portion of the intersection around 10 a.m. as an investigation into the crash got underway.Details on the other vehicle involved or whether a driver is facing any charges have not yet been released. This is a developing story; stay with 7NEWS on-air and online for the latest updates.