CENTRAL PENNSYLVANIA
Wall St ends higher as investors firm bets on Trump win
Wall Street rose Monday on Trump election hopes, Fed rate cuts. Small caps, transportation stocks led gains. The Trump assassination attempt increased odds, boosting Trump Media. PredictIt odds rose; Macy's fell after buyout talks ended. Fed Chair Powell noted resilience. Goldman Sachs impressed; solar firms slid; cryptocurrency, gun stocks up.
Shooting at Trump rally comes at volatile time in American history
Former President Donald Trump was injured in an assassination attempt during a Butler, Pennsylvania rally. The shooting occurred at 6:10 p.m., and the Secret Service promptly secured Trump, although a spectator was fatally wounded. The 20-year-old shooter, Thomas Matthew Crooks, was neutralized by snipers. Trump received medical attention and was later transported to New Jersey. President Joe Biden condemned the incident, calling for unity. The FBI's investigation revealed Crooks' conflicting political affiliations. Heightened security marked the upcoming Republican National Convention.
Global stock index rises slightly while euro falls, yields up
MSCI's global equities index rose while investors awaited U.S. inflation data and central bank policy meetings. The euro fell after French President Emmanuel Macron called a snap election.
US carries out new strikes against Houthis in Yemen
The United States conducted new strikes against Houthi ballistic missiles in Yemen after the rebels launched an anti-ship ballistic missile into international shipping lanes in the Southern Red Sea. This comes after a series of strikes by the U.S. and its allies in response to Houthi attacks on shipping in the region. The U.S. has vowed to continue defending against Houthi attacks and will take further military action if necessary. The conflict raises concerns about the security of international shipping lanes and the broader regional implications.
Good mRNA! A Nobel breakthrough story
Immunologist Drew Weissman and biochemist Katalin Kariko have been awarded the 2023 Nobel Prize in Physiology or Medicine for their discoveries in the field of messenger ribonucleic acid (mRNA), which were crucial in the development of effective mRNA vaccines against Covid-19. Their work underscores the importance of long-term research support, even when its practical applications are unclear.
PhonePe’s ecommerce app Pincode goes live; funding in Indian startups may temporarily pause: RBI
Fintech major PhonePe has thrown its hat in the Open Network for Digital Commerce (ONDC) ring by announcing the launch of its ecommerce app Pincode, built on top of the government-backed platform. This and more in today’s ETtech Top 5.
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A Big Question for the Fed: What went wrong with bank oversight?
The collapse of Silicon Valley Bank, the largest bank failure since 2008, has prompted intense scrutiny of the Fed's oversight as many wonder why the bank's vulnerabilities were not promptly fixed. Many of the bank's weaknesses seem, in hindsight, as if they should have been obvious to its regulators at the Fed.
New York weather: Snowstorm hits NY state, traffic disruptions likely as visibility may drop to near zero
A snowstorm has hit New York State. This could lead to closure of roads and cause city paralysis for days, according to reports.
Strong winds, rains, possible tornado impacting South Jersey. All you need to know
The remnants of Hurricane Nicole are making their way to South Jersey. The region is likely to witness strong winds and downpours too. Find out how to be prepared here.
Powell's stark message: Inflation fight may cause recession
Fed officials now foresee the economy expanding just 0.2 per cent this year, sharply lower than their forecast of 1.7 per cent growth just three months ago. And they envision sluggish growth below 2 per cent from 2023 through 2025.
The supply chain broke. Robots are supposed to help fix it.
The stakes are especially high for companies engaged in transporting goods. Their executives contend that the Great Supply Chain Disruption is largely the result of labor shortages.
Two killed in multi-car collision in US' Dunkirk
In the horrific accident, one died on the spot, another person was declared dead at Brooks Memorial Hospital. The wounded person was transported to Hamot Medical Center in Erie, Pennsylvania.
Indian-Americans regularly encounter discrimination: Survey
The report, ‘Social Realities of Indian Americans: Results from the 2020 Indian American Attitudes Survey' draws on the Indian-American Attitudes Survey (IAAS) -- a collaboration between the Carnegie Endowment for International Peace, Johns Hopkins-SAIS, and the University of Pennsylvania.
Biden describes life at the White House 'a gilded cage'
Biden's working-class upbringing in Scranton, Pennsylvania, has long been a central part of his political brand. He most recently lived in a large house in the Wilmington, Delaware, suburbs.
U.S. endures pandemic's deadliest day, overshadowed by Washington mob assault on Capitol
COVID-19 hospitalizations stood at 132,051, stetting a grim record for the fourth day in a row as of late Wednesday night, a Reuters analysis of public health data showed.
Trump's legal team cried vote fraud, but courts found none
The strategy may have played well in front of television cameras and on talk radio. But it has proved a disaster in court, where judges uniformly rejected their claims of vote fraud and found the campaign's legal work amateurish.
Trump campaign drops key request in Pennsylvania lawsuit
``Our lawsuit in Pennsylvania absolutely still makes an issue of the 682,479 mail-in and absentee ballots that were counted in secret,'' Trump campaign spokesman Tim Murtaugh tweeted.
America's partisan poll watchers emerge as a flashpoint in extended battle over ballots
Tasked this year with monitoring a record number of mail ballots, partisan poll watchers are designated by a political party or campaign to report any concerns they may have. With a few reports of overly aggressive poll watchers, election officials said they were carefully balancing access with the need to minimize disruptions.
Why the Pennsylvania vote count might throw U.S. into political crisis
In Pennsylvania and across America, retailers are reinforcing glass, hiring guards or retaining on-call teams that barricade and board up buildings. Citizens of all political stripes are snapping up guns and ammunition in record numbers.
Scuffle between CBI and Kolkata policemen at commissioner Rajeev Kumar's residence
The drama intensified near Kumar's residence around 7 pm, as three deputy commissioners of city police and some officers of the anti-rowdy section reached the spot.
All the ways Trump can (and can't) influence Powell's Fed policy
The Federal Reserve Act says governors may be “removed for cause by the President.”
Horse racing-Profiles of 2016 Breeders' Cup Classic runners
HORSERACING-BREEDERS/ENTRANTS:Horse racing-Profiles of 2016 Breeders' Cup Classic runners
450,000 illegal immigrants in US are from India: Report
Unauthorised immigrant populations from South America and from a grouping of Europe and Canada held steady between 2009 and 2012.
Ashoka University: India's answer to the Ivy League, promises ‘world-class’ liberal arts education
Backed by entrepreneurs, armed with diverse faculty and alliances with best global peers, Ashoka University promises world-class liberal education.
US set for more Arctic chill, natural gas prices at 4-year high
Natural gas rose for fifth day in New York and was set for the highest close in almost four years, while heating oil traded at the highest prices in almost 5 months.
Why private universities are set to be the future of quality education in India
As students demand quality learning with a wider choice of subjects & an assurance of employability, pvt universities are promising that change.
Government nominates Nachiket Mor on Central Board of RBI
The Reserve Bank today said the central government has nominated Nachiket Madhusudan Mor as the Director of the Central Board of RBI.
George Bush didn't act promptly on multiple warnings before 9/11: Report
The report was published on the 11th anniversary of the terror attacks in which 3000 people were killed and thousands other injured.
How seven young entrepreneurs defied hurdles to develop clean renewable energy
Renewable energy in India has always been a risky business, be it due to high input cost, unsteady market or lack of government support.
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