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Stock market today: World shares are mixed as recession worries pull European markets lower

Published Wed, 25 Dec 2024 05:42:15 GMT

HONG KONG (AP) — World shares were mixed on Monday, with European markets barely moving as investors grew cautious over the potential for recession in the region. U.S. futures rose and oil prices gained more than $1 a barrel after Saudi Arabia and Russia reiterated their commitment to maintaining oil supply cuts of more than 1 million barrels per day until the end of the year.Meanwhile, the Israeli military announced late Sunday that it had encircled Gaza City and cut the besieged coastal strip in two almost a month into the deepening conflict. In European trading, Germany’s DAX lost 7 points to 15,180.02 and the CAC 40 in Paris lost 0.1% to 7,041.12. Britain’s FTSE 100 edged less than 3 points lower, to 7,415.13. The futures for the S&P 500 and the Dow Jones Industrial Average were up 0.1%. Recent surveys of factory managers showed a deterioration in business activity, reinforcing concerns over slowing growth in Germany, France and other major economies. In Asia, stocks surged ...

Powerhouse musician and LGBTQ+ activist LP joins WTOP before rocking The Anthem in DC

Published Wed, 25 Dec 2024 05:42:15 GMT

US singer and songwriter Laura Pergolizzi, known as LP, poses for a portrait in Mexico City, May 30, 2022. LP will take her tour to South America at the end of 2022. (AP Photo/Berenice Bautista)(AP/Berenice Bautista) US singer and songwriter Laura Pergolizzi, known as LP, poses for a portrait in Mexico City, May 30, 2022. LP will take her tour to South America at the end of 2022. (AP Photo/Berenice Bautista)(AP/Berenice Bautista) Their cutting-edge pop-rock stylings have made them an icon of the LGBTQ+ community.On Tuesday, LP rocks The Anthem in D.C. for the “Love Lines” tour, named after their new album that dropped in September.“We’re playing that whole album, which feels really good,...

Florida grandmother fulfilling cheer dream at her alma mater

Published Wed, 25 Dec 2024 05:42:15 GMT

SARASOTA, Fla. (WSVN) — An 81-year-old grandmother from Florida recently lived out a dream she had cherished for many decades. Her journey took her back to her high school alma mater, where she once again donned the colors and cheered for her beloved team.Mikie Harris revisited her high school as part of a cherished bucket list item. “I was born a cheerleader,” she proudly exclaimed. “This is on my bucket list, kid. Last year for my 80th, I flew a plane.”This year, she chose to relive her high school days by cheering for the football team, taking her back to her youthful days when she was part of the cheer squad in 1960 and 1959. “I was on the squad from the time I was a junior,” Harris recalled. “I had a boyfriend who really cared about me. I was voted friendliest.”Sophia Drews, a senior cheerleader on the squd, said that “bubbly” barely describes Mikie’s infectious energy. She said Harris’ presence was a...

Putin’s running for president again (duh!)

Published Wed, 25 Dec 2024 05:42:15 GMT

Who could have seen this coming?!Incumbent Vladimir Putin has decided to run for president again in the upcoming 2024 Russian elections, according to a report by Reuters.While everyone expects Putin — who has been Russia’s leader on and off (but mainly on) since 1999 — to seek reelection as president, his office has not confirmed the news yet.But according to Monday’s report, which cites six anonymous sources, the decision has been made and the Russian leader is expected to make a public announcement “soon.”Russian presidential elections are slated for March 2024. When Putin wins — a near-certainty since he allows virtually no opposition to his regime — he would remain president until at least 2030.Last month, Kremlin spokesperson Dmitry Peskov said Putin — who has been waging all-out war on Ukraine since February 2022 — could “hardly” face any real competition if he was to run again, given that he is the “unquestionably top-ranked political figure” in the country. Responding to Reu...

Moscow bombs Odesa after Ukraine destroys Russian warship in Crimea

Published Wed, 25 Dec 2024 05:42:15 GMT

KYIV — Russia bombed the Odesa region on Sunday, damaging an art museum and warehouses, a day after Ukrainian forces struck a Russian missile carrier at a Kerch shipyard. A Russian Kalibr missile carrier was destroyed in the Ukrainian attack on Saturday, Mykola Oleshchuk, commander of the Ukrainian Air Forces, said in a statement Sunday. The ship was in the Russian Zaliv shipyard in the city of Kerch in Russian-occupied Crimea.“Well done, the attack went through like a SCALPel,” Oleshchuk said, hinting that the Ukrainian pilot used French SCALP cruise missiles for the attack.Oleshchuk did not name the vessel. But the Ukrainian service of Radio Liberty claimed it was the Askold — one of the newest Russian missile carriers. Russia’s defense ministry confirmed only that the ship had been damaged.  Ukrainian forces also targeted a Russian ammo depot in Sedove on the coast of the Azov Sea in the Donetsk region Sunday evening.“It will keep detonating until morning for sure...

Ailing Pope Francis meets with European rabbis and condemns antisemitism, terrorism, war

Published Wed, 25 Dec 2024 05:42:15 GMT

ROME (AP) — Pope Francis met with European rabbis on Monday and decried antisemitism, war and terrorism in a written speech he declined to read, saying he wasn’t feeling well.Francis told the rabbis during the audience in the Vatican’s Apostolic Palace that he was very happy to receive them, but added: “I’m not feeling well, and so I prefer not to read the speech but give it to you, so you can take it with you.”Vatican spokesman Matteo Bruni said the pope “has a bit of a cold and a long day of audiences.” The 86-year-old pontiff ”preferred to greet the European rabbis individually, and that’s why he handed over his speech.”He said the pope’s activities are proceeding regularly for the rest of the day. On the pope’s schedule was a late afternoon encounter with children from around the world.In his prepared speech to the rabbis, Francis said his first thought and prayers goes “above all else, to everything that has happened in the last f...

Fire crews respond to house fire in Franklin

Published Wed, 25 Dec 2024 05:42:15 GMT

Franklin firefighters battled a house fire that broke out on Sunday night.The fire in a single-family home on Old Birch Street was brought under control around 1 a.m.https://twitter.com/FranklinMAfire/status/1721404166927483025The cause of the fire remains under investigation.This is a developing news story; stay with 7NEWS on-air and online for the latest details.

Revere firefighters rescue elderly woman from 2-alarm blaze

Published Wed, 25 Dec 2024 05:42:15 GMT

Revere firefighters used a ladder truck to rescue an elderly woman who became trapped in a fourth-floor apartment during a two-alarm fire on Sunday.Images from the showed firefighters reaching the woman on Park Avenue and guiding her to safety.The cause of the fire remains under investigation.

Orioles roundtable: Looking at offseason’s top priorities, potential fits and more

Published Wed, 25 Dec 2024 05:42:15 GMT

The Orioles’ offseason is here, giving them the chance to improve a roster that won the American League East but was swept out of the playoffs by the eventual World Series champion Texas Rangers.Despite their regular-season successes, the Orioles have areas they can improve. Baltimore also has five players who are now free agents — Kyle Gibson, Adam Frazier, Aaron Hicks, Jack Flaherty and Shintaro Fujinami — and about three times as many who are eligible for arbitration, leaving holes and decisions.As the Orioles’ offseason gets underway, Baltimore Sun beat reporters Nathan Ruiz and Jacob Calvin Meyer and editor Tim Schwartz give their thoughts on what this winter should look like for Baltimore.What is the Orioles’ top offseason priority?Ruiz: Don’t let the words and exclamation points on the Camden Yards video board fool you: The Orioles remain without a long-term lease binding them to the ballpark and Baltimore. The 30-year “deal” an...

Five things we learned from the Ravens’ 37-3 win over the Seattle Seahawks

Published Wed, 25 Dec 2024 05:42:15 GMT

The Ravens played rude hosts to another NFC contender, riding their overpowering defense and a neatly varied running game to blow out the Seattle Seahawks, 37-3.Here are five things we learned from the game.The Ravens are for realKyle Hamilton dropped to the turf for pushups — penance for an interception he did not make — as general manager Eric DeCosta looked on in mock disbelief.Was this a tense moment in a touch-and-go game between postseason contenders?Not at all. It was visual proof of just how loose the Ravens felt late in the third quarter after their defense had spent the afternoon beating up another NFC heavyweight.Just as the Detroit Lions had two weeks earlier, the Seahawks traveled to Baltimore a confident team, winners of five of their past six games and first in their division. They left thoroughly beaten, testifying to the home team’s quality.“They just went to work, and we didn’t stop them,” Seattle coach Pete Carroll said. “...