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Stock market today: Dow hits a record high and Treasury yields drop after the Fed signals rate cuts
NEW YORK (AP) — A powerful rally across Wall Street sent the Dow Jones Industrial Average to a record on Wednesday after the Federal Reserve indicated that the cuts to interest rates investors crave so much may be coming next year. The Dow jumped 512 points, or 1.4%, to top 37,000 and surpass its prior…
What Tesla Autopilot does, why it’s being recalled and how the company plans to fix it
(AP) Tesla introduced Autopilot software in October of 2015 with CEO Elon Musk heralding it as a profound experience for people. Other automakers such as Mercedes, Audi and Volvo already were offering what amounted to fancy cruise control — keeping cars in their lanes and a distance from traffic in front of it. But Musk…
Biden to meet in person Wednesday with families of Americans taken hostage by Hamas
WASHINGTON (AP) — President Joe Biden on Wednesday will hold his first in-person meeting with the families of eight Americans still unaccounted for and presumed to be taken captive by Hamas during its brutal attack on Israel on Oct. 7, the White House said. A senior administration official said family members of all eight would…
Blackout in Long Beach Tuesday night
A power outage impacted the entire City of Long Beach for several hours Tuesday evening. The outage began shortly after 4:30 p.m.PSEG Long Island says nearly 19,000 customers were affected.The utility says the cause is under investigation. reportedly there was a transformer fire north of the Long Beach Bridge in Island Park.
NY congressional district maps to be redrawn
The New York Court of Appeals has order congressional district maps to be redrawn, giving Democrats a huge win in a case that could impact the balance of power in Congress. The state Court of Appeals, in a 4-3 decision, said districts drawn just last year by a court-appointed specialist were a short-term fix and…
Santos in plea deal negotiations with federal prosecutors
(AP) Former U.S. Rep. George Santos is in negotiations to resolve his federal criminal fraud case, prosecutors said in a court filing Monday. “The parties are presently engaged in plea negotiations with the goal of resolving this matter without the need for a trial,” U.S. Attorney Breon Peace’s office wrote in the filing. Santos is…
Long Island has the highest number of work-zone speed-camera tickets in the state
Long Island had the highest number of work-zone speed-camera violations in the state during the first six months of the state’s new program.Nassau and Suffolk counties had almost 42,000 violations issued from May 17 through Nov. 22, more than 30% of the total for all of New York State.
Special counsel Jack Smith asks the Supreme Court to rule quickly on whether Trump can be prosecuted
WASHINGTON (AP) — Special counsel Jack Smith on Monday asked the Supreme Court to take up and rule quickly on whether former President Donald Trump can be prosecuted on charges he plotted to overturn the 2020 election results. Smith made his request for the court to act with unusual speed to prevent any delays that…
Dog groomer arrested, accused of swinging dogs by their leashes above his head
Andrew Laurendi a 21-year-old Massapequa man who was an employee of Pawllywood, a dog boarding and grooming center has been accused of abusing dogs.Police say Laurendi was fired after he was captured on surveillance video hurting dogs in the care of the company.Laurendi was arrested and was issued an appearance ticket. Andrew Laurendi, age 21,…
Uniondale man charged in theft of nearly $11,000 worth of cigarettes
Police say a Uniondale man was arrested on Sunday after he stole more than $4,000 worth of cigarettes from a Valley Stream 7-Eleven — ending a string of cigarette thefts that detectives said amounted to almost $11,000 worth of cigarettes from seven Nassau County 7-Eleven stores during a three-week spree that began in mid-November.
Ryan O’Neal, star of ‘Love Story,’ ‘Paper Moon,’ ‘Peyton Place’ and ‘Barry Lyndon,’ dies at 82
LOS ANGELES (AP) — Ryan O’Neal, the heartthrob actor who went from a TV soap opera to an Oscar-nominated role in “Love Story” and delivered a wry performance opposite his charismatic 9-year-old daughter Tatum in “Paper Moon,” died Friday, his son said. “My dad passed away peacefully today, with his loving team by his side…
Legislator calls for investigation of outgoing Police Commissioner Rodney Harrison
Suffolk County legislator Robert Trotta is calling for an investigation into timesheets submitted by outgoing Police Commissioner Rodney Harrison.Trotta says he has received information from officials that Harrison allegedly changed leave days to sick days in order to receive a large payout when he leaves the county later this month.Harrison announced his resignation last month.…