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Stock market today: Global shares mostly rise despite worries about US debt talks

Published Mon, 24 Feb 2025 11:38:56 GMT

TOKYO (AP) — Global shares mostly drifted higher Monday as investors fretted over whether the United States government will be able to reach a deal to avoid a federal default.France’s CAC 40 inched down less than 0.1% in early trading to 7,489.72, while Germany’s DAX slipped 0.1% to 16,261.45. Britain’s FTSE 100 gained 0.3% to 7,780.30. U.S. shares drifted higher with Dow futures up less than 0.1% at 33,512.00. S&P 500 futures rose less than 0.1% to 4,206.00. Japan’s benchmark Nikkei 225 gained 0.9% to finish at 31,086.82. Australia’s S&P/ASX 200 slid 0.2% to 7,263.30. South Korea’s Kospi gained 0.8% to 2,557.08. Hong Kong’s Hang Seng jumped 1.2% to 19,678.17, while the Shanghai Composite edged up 0.4% to 3,296.47. Markets are closely watching a pivotal meeting set for later in the day at the White House between President Joe Biden and House Speaker Kevin McCarthy on the debt ceiling. A default on the U.S. debt would almost surely ca...

Wet & Unsettled Stretch

Published Mon, 24 Feb 2025 11:38:56 GMT

A typical day with morning sun and mainly dry conditions. By the afternoon, inland storms form. Late evening, some of that activity could build into the Metro areas of Miami-Dade and Broward.Today in the Tropics: We are watching a broad area low pressure (disturbance) located a couple of hundred miles Northeast of the Central Bahamas remains poorly organized. Conditions are expected to become hostile, preventing development while it moves North-Northeast 5-10 mph over the Southwestern Atlantic Ocean during the next few days. NHC giving it a low chance to form during the next 48 hours.  It is not coming to South Florida… It will merge with a slowly approaching front.So, what can we expect?On Tuesday, a turn of winds is expected out of the South-Southeast which will draw up moisture from the tropics. As for the broad low, it will have a merging effect with a slow-moving front to keep deeper moisture around causing a stretch of wet and unsettled days.Have a wonderful week South F...

Miami PD searching for missing 12-year-old giril

Published Mon, 24 Feb 2025 11:38:56 GMT

The Miami Police Department is asking for the public’s help in searching for a missing 12-year-old girl.According to detectives, Isabela V. Zea was last seen in a Wynwood neighborhood on Sunday.She stands at 4 feet, 5 inches and weighs 100 pounds. She has light brown eyes, and black hair and was last seen wearing a black shirt with a white Jordan logo on the front, black sweatpants, black socks, and black shoes.Anyone with information on her whereabouts is urged to call 305-603-6300 or 305-579-6111.

Denmark wants to host Ukraine peace summit in July

Published Mon, 24 Feb 2025 11:38:56 GMT

Denmark is willing to host peace talks between Ukraine and Russia next July, Danish Foreign Minister Lars Løkke Rasmussen said Monday according to media reports.“If Ukraine finds that the time has come to have such a meeting, that would be fantastic,” Rasmussen said upon arriving at the Foreign Affairs Council in Brussels, Reuters reported.“Then Denmark would obviously like to host the meeting” which would need engagement from “countries like India, Brazil and China,” the foreign minister said, adding that it was “hard for [him] to see” Russia attending.Although Moscow and Kyiv have said they were open to peace talks, they hold diverging views on what the starting point of negotiations should be.Ukraine has set the restoration of its territorial integrity, as well as “building security architecture in the Euro-Atlantic space, including guarantees for Ukraine” as preconditions for peace talks.Russia has said Ukraine needed t...

US pumps the brakes on EU clean car deal

Published Mon, 24 Feb 2025 11:38:56 GMT

Washington and Brussels are at odds over a deal to make European automakers eligible for U.S. electric vehicle tax credits.The European Union has been pressing for a more flexible agreement on the critical minerals used in electric car batteries that won’t require the time-consuming approval of its 27 member countries.But that doesn’t work for the Biden administration, which is under immense pressure from lawmakers to broker a binding pact. The U.S. wants Europe to make commitments that boost the supply of those minerals in exchange for the tax perks, which were part of the historic climate law Democrats passed last year.The impasse, described to POLITICO by a dozen officials on both sides of the Atlantic, is likely to drag out negotiations into the summer, leaving European automakers at a disadvantage in the U.S. car market in the meantime. And it threatens to exacerbate the rift over U.S. efforts to promote domestic EV manufacturing at a time when the longtime allies aim to presen...

Ireland signs law requiring cancer warnings on all alcoholic beverages

Published Mon, 24 Feb 2025 11:38:56 GMT

DUBLIN – Ireland will become the first country in the world to require alcoholic beverages to display health warnings that they could potentially cause cancer, a long-awaited decision welcomed by health advocates but vociferously opposed by drinks producers worldwide.Health Minister Stephen Donnelly on Monday signed into law the Public Health (Alcohol) (Labelling) Regulations 2023 and confirmed that the new rules would come into effect three years from now — May 22, 2026.Ireland moved once its plans cleared two key hurdles at the European Union and World Trade Organization, which fielded complaints from winemakers, brewers and distillers worldwide but declined to block the proposed measure on competition or other grounds.“I welcome that we are the first country in the world to take this step and introduce comprehensive health labelling of alcohol products,” Donnelly said in a written statement, noting that Ireland was also the first nation to ban smoking in enclosed public...

Rishi Sunak mulls ethics probe over top minister’s handling of speeding fine

Published Mon, 24 Feb 2025 11:38:56 GMT

LONDON — Rishi Sunak is considering whether to launch an ethics probe amid pressure on Home Secretary Suella Braverman over her handling of a speeding offense.According to reports in the Sunday Times and Mail on Sunday this weekend, Braverman — while attorney general in 2022 — asked civil servants to try and arrange a one-on-one driving awareness course after she was caught speeding. In the U.K., people who have broken the speed limit can opt to attend a course rather than pay a fine — but these are usually run as group sessions. A private course could therefore have reduced the likelihood of other motorists recognizing the senior minister in a public session.The officials reportedly refused to pursue the idea on advice from the Cabinet Office, with Braverman instead accepting a fine and points on her license. In her first public comments on the row Monday, Braverman said she was “confident that nothing untoward happened” — but stressed that she regretted breaking the sp...

Get to know Noah Sewell: Q&A with the new Chicago Bears linebacker’s college coordinator

Published Mon, 24 Feb 2025 11:38:56 GMT

Rookie Noah Sewell joins the Chicago Bears at an intriguing time in the linebackers room.Before the Bears drafted Sewell out of Oregon in the fifth round, general manager Ryan Poles signed free agents Tremaine Edmunds and T.J. Edwards to join second-year linebacker Jack Sanborn. Now Sewell arrives to add depth to the position.Oregon defensive coordinator Tosh Lupoi worked with Sewell for his final season with the Ducks as he wrapped up a three-year career that included 215 tackles, 20½ tackles for a loss, 7½ sacks, two interceptions, 11 passes defended and three forced fumbles.Lupoi spoke recently with the Tribune about Sewell’s strengths and potential. Here’s that interview, edited for clarity.Note: This is part of a series of conversations with the college coaches of this year’s Bears draft picks.What type of player are the Bears getting in Noah?He’s an extremely hard-working, committed player. He really has a unique skill set of versatility. A gu...

Chicago baseball report: Cubs’ new late-inning options — and Jake Burger on a heater at home for the White Sox

Published Mon, 24 Feb 2025 11:38:56 GMT

May continues to be a drag for the Chicago Cubs.They limp into Monday’s day off and an upcoming nine-game homestand looking for momentum before their record — 20-26 after Sunday’s 2-1 loss in Philadelphia — puts them in catch-up mode the rest of the summer.The White Sox, meanwhile, finished their first winning homestand of the season (6-3) on the strength of starting pitching. After Sunday’s 5-2 victory in the series finale against the Kansas City Royals, Sox starters have a 2.06 ERA — allowing nine earned runs in 39⅓ innings — over the last six games.Every Monday throughout the season, Tribune baseball writers will provide an update on what happened — and what’s ahead for the Cubs and Sox.High-leverage opportunities in Cubs bullpenPrepare to see Cubs manager David Ross try other relief options in high-leverage spots in the near future.With Brad Boxberger on the injured list, Keegan Thompson in Triple A and Michael Fulmer s...

5 storylines to watch as the Chicago Bears begin OTAs today, including rookie Darnell Wright’s development

Published Mon, 24 Feb 2025 11:38:56 GMT

The Chicago Bears begin organized team activities this week with a revamped roster at several positions.Many of the old and new players have been around Halas Hall for the offseason program, but their training will kick up a notch with nine OTA sessions over the next three weeks followed by veteran minicamp June 13-15.Here are five storylines for the Bears as they enter the next phase of their offseason program.1. Offensive line shake-upThe only offensive line starter to stay in his place from last season is left tackle Braxton Jones. The rest of the line has been shuffled with offseason moves.The Bears added free agent Nate Davis, who will be at right guard, and No. 10 draft pick Darnell Wright, who should start at right tackle. Teven Jenkins will move from right guard to left, and Cody Whitehair will move from left guard to center, where he will compete with Lucas Patrick.So the Bears have a lot of work to do settling into their new roles. The development of Wright and continued g...