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Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech

Published Fri, 07 Feb 2025 21:21:34 GMT

JACKSON HOLE, Wyoming (AP) — When Federal Reserve Chair Jerome Powell delivers a high-profile speech Friday in Jackson Hole, Wyoming, many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been expected.Powell isn’t likely to say whether the Fed will continue raising rates. But he may signal that any rate cuts are unlikely until well into next year. The central bank has already helped drive inflation down from painfully high levels. But Fed officials have said they need to keep rates high to further slow borrowing and spending and reduce inflation to their 2% target.The Fed chair’s speech — at an annual conference of central bankers — comes at a time of heightened uncertainty about the economy and interest-rate policies. Businesses are still hiring, and consumer spending has remained resilient even while inflation has eased from a peak of 9.1% in June 2022 to 3.2%. At the same time, “c...

Broomfield begins Class 4A title defense with blowout of Longmont

Published Fri, 07 Feb 2025 21:21:34 GMT

LONGMONT — The moment that Robert O’Brien took the reins of Broomfield’s football program, months after the Eagles were minted Class 4A’s state champion, he shifted their focus immediately toward the future.“Nothing about the state championship. Absolutely nothing,” O’Brien said. “Our goal is to go 1-0 every week. That’s really the only thing that we’re focused on is Longmont today and nothing else. That’s the last thing on our minds. We don’t talk about it. We’re not concerned with it. We’re in a new year and we’re pushing forward.”On Thursday night at Everly-Montgomery Field, after hiccups plagued both teams in a rainy debut rife with penalty-laden rust, the Eagles won their first week in a 42-14 showing over Longmont.Junior quarterback CT Worley, who stepped up to replace top gun Cole LaCrue — now at Wisconsin — finished his night with 148 passing yards in addition to three scores on the ground, as he seemed to gain more confidence with each passing throw. The Eagles ...

Americana mall in Glendale evacuated for possible toilet bomb threat

Published Fri, 07 Feb 2025 21:21:34 GMT

Shoppers were evacuated for a possible bomb threat after a toilet was mysteriously left at the Americana at Brand shopping center in Glendale on Thursday night.The incident was first reported around 8 p.m., according to Glendale police. Officers found the painted toilet around 50-100 feet from the AMC Theater at the shopping center.A note accompanied the toilet stating that the item may be a bomb, police said. A dolly typically used for hotel luggage was also seen nearby, but it's unclear whether that was used to transport the toilet.Authorities evacuated shoppers from the scene. Sky5 video shows the toilet appears to have many images and letters scrawled all across it. The messages on the toilet remain unclear.Shoppers were evacuated for a possible bomb threat after a toilet was mysteriously left at the Americana at Brand shopping center in Glendale on August 24, 2023. (KTLA)Shoppers were evacuated for a possible bomb threat after a toilet was mysteriously left at the Americana at ...

El Segundo Little League team punches ticket to Little League World Series U.S. championship 

Published Fri, 07 Feb 2025 21:21:34 GMT

A group of boys from El Segundo are now headed on to the next round of the Little League World Series. The El Segundo Little League 12U All Stars represent the West region at the 2023 edition of the Little League World Series, and a 2-1 victory on Thursday over the Northwest region (out of Seattle, Washington) booked their spot in the U.S. Championship game on Saturday. The LLWS consists of an international bracket and a United States bracket, the latter of which consists of teams from all regions of the U.S. The West region team is one of two American teams left, and they are set to face off against the Southwest region team out of Needville, Texas – who they lost to 3-1 on Monday. El Segundo, Calif.'s Quinn Boehle (8) is greeted by Colby Lee (10) on his way back to the dugout after scoring against Seattle during the second inning of a baseball game at the Little League World Series in South Williamsport, Pa., Thursday, Aug. 24, 2023. (AP Photo/Tom E. Puskar)Sea...

Man found dead in parked vehicle near Los Altos High

Published Fri, 07 Feb 2025 21:21:34 GMT

LOS ALTOS – A man was found dead in a parked car Thursday afternoon near Los Altos High School, police said.Officers made the discovery around 12:55 p.m. while responding to a report of a suspicious vehicle in the 200 block of Valencia Drive, according to the Los Altos Police Department.The police department and the Santa Clara County Medical Examiner-Coroner’s Office are investigating the death, the cause of which was not immediately known.The coroner’s office will release the man’s identity once it is confirmed and his next of kin is notified.Anyone with information related to the case can contact Detective Sgt. Steven Spillman at 650-947-2689 or [email protected], or the anonymous tip line at 650-947-2774.Related ArticlesCrime and Public Safety | Laurie Houts killing: Judge dismisses bid for third murder trial on double-jeopardy grounds Crime and Public Safety | Coroner confirms human remains belong to missing Saratoga teen Crime and Public ...

Man found dead in car in Los Altos

Published Fri, 07 Feb 2025 21:21:34 GMT

(KRON) -- Los Altos police officers found a man dead in a car on Thursday afternoon, police said. The police department responded to the 200 block of Valencia Drive at about 12:55 p.m. to investigate a call for a suspicious vehicle. Upon arrival, the officers found the man dead inside the car. IKEA store evacuated during SF grand opening The Santa Clara County Coroner's Office and the police department are investigating the death. The coroner's office will conduct an autopsy to identify the decedent and determine the cause of death. Anyone with information is asked to contact Los Altos police at (650) 947-2689.

Langeliers homers twice, Gelof hits tiebreaking shot as Athletics beat White Sox 8-5

Published Fri, 07 Feb 2025 21:21:34 GMT

CHICAGO (AP) — Luis Robert Jr. reached high above the center field wall to snag a potential home run and launched a long drive an inning later.Even though their star delivered with his glove and bat, the Chicago White Sox lost again. This time, to the team with the worst record in baseball.Shea Langeliers homered twice, Zack Gelof hit a tiebreaking two-run drive in the seventh inning and the Oakland Athletics beat the White Sox 8-5 on Thursday night.Robert did his part, robbing Brent Rooker of a homer and smacking a 444-foot drive.“Every loss is difficult, but tomorrow’s another day and we’ll try to win,” Robert said through an interpreter.It’s been a particularly rough week for the White Sox, who have lost nine of 12. They fired executive vice president Ken Williams and general manager Rick Hahn on Tuesday and opened a four-game series between teams with among the four poorest records in the major leagues on a losing note.They combined for eight homers on a hot an...

Trump se entregó en Atlanta en la cuarta causa penal abierta en su contra este año. ¿Qué sigue ahora?

Published Fri, 07 Feb 2025 21:21:34 GMT

(CNN) — Donald Trump se entregó este jueves en la cárcel del condado de Fulton, acusado de más de una docena de cargos derivados de sus intentos de revertir los resultados de las elecciones de Georgia en 2020. Se trata de la cuarta vez este año que el expresidente se enfrenta a cargos penales.Trump pasó poco más de 20 minutos en la cárcel del condado de Fulton, donde fue procesado y puesto en libertad bajo fianza. Los registros de la cárcel muestran que mide 1,90 metros y pesa 97 kg, tiene los ojos azules y el pelo rubio o fresa. Su número de registro fue P01135809.Poco después de salir de la cárcel se difundió la foto policial de Trump.Se trata de la cuarta vez este año que el expresidente se entrega a las autoridades locales o federales después de que se presentaran cargos criminales contra él, episodios que nunca se habían visto en EE.UU. antes de 2023.La escena de Trump viajando para ser arrestado mientras denunciaba que los cargos en su contra tenían motivaciones política...

Rookie Corbin Carroll hits go-ahead, 2-run homer in 8th in Diamondbacks’ 3-2 win over Reds

Published Fri, 07 Feb 2025 21:21:34 GMT

PHOENIX (AP) — Rookie Corbin Carroll hit a go-ahead, two-run homer in the eighth inning, Merrill Kelly struck out 12 through seven innings before leaving with an injury and the Arizona Diamondbacks beat the Cincinnati Reds 3-2 on Thursday night.It was the first of an important four-game series between teams in the middle of a six-team battle for the three National League wild-card spots.The D-backs have won five straight while the Reds had a three-game winning streak snapped. Arizona moved a half-game ahead of the Reds and Giants for the final wild-card position.The Reds led 2-1 after seven innings, but Lourdes Gurriel Jr. coaxed a leadoff walk before Carroll — an All-Star who has been the catalyst for many big moments this season — followed with his 22nd homer of the season, a line drive shot to right off reliever Alex Young (4-2).Paul Sewald worked the ninth for his 28th save, and seventh since coming to the D-backs in a trade deadline swap with the Mariners.The D-backs broke a sc...

Colorado e-bike rebate application to get update before next round

Published Fri, 07 Feb 2025 21:21:34 GMT

DENVER (KDVR) — E-bikes are becoming more popular as Denver grows, especially in the downtown area.“Nobody wants to be in a car around the city, and with the great network of bike trails we have here, it’s a great way to avoid that traffic," said Barry Slights of Pedego Denver. Longmont ‘ninja warrior’ selected to represent the US in Belgium The Colorado Energy Office provided FOX31 with a statement saying efforts are being made to adjust the online process before the next round of applications in mid-September.“Although more than 8,000 Coloradans were able to successfully submit applications for an e-bike rebate, the fact that this was the first round of applications for a brand new program meant there were some kinks we needed to work out. We are taking these complaints seriously and are already working to resolve these issues for the next application round in September. We encourage Coloradans who experience technical difficulties to contact us," the statement reads.The full st...