PORTLAND, Ore. (KOIN) — A dump truck with a lifted bed caused approximately $100,000 in damage to a Vancouver intersection on Monday when the driver plowed into overhanging traffic signals at 192nd Ave. and 1st Street near the Camas Costco, causing a traffic pole to crash onto the street below. Vancouver Police Department spokesperson Kim […]
The US Federal Reserve officials said that inflation has fallen further towards their target level in recent months but signalled that they expect to cut their benchmark interest rate just once this year. The policymakers’ forecast for one rate cut was down from a previous forecast of three, probably because inflation, despite having cooled in […]
The Federal Reserve surprised Wall Street on Wednesday afternoon, signaling that just one quarter-point rate cut is likely this year. The hawkish shift was all the more surprising because it came after May’s consumer price index delivered the best inflation news all year. The S&P 500 and Nasdaq had surged into record territory after the […]
Semiconductor giant Nvidia (NASDAQ: NVDA) came out with stellar results for the first quarter of fiscal 2025 (ending April 28, 2024), with revenue and earnings easily beating the Wall Street consensus estimates. The company’s booming artificial intelligence (AI)-powered data center segment has been the main reason for this exceptional performance. Data center revenue was up […]
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Scientists Capture , Radio Signals , From Long-Dormant Star. ‘The Independent’ reports that scientists have been puzzled after receiving unprecedented radio signals from a previously dormant star. The star, named XTE J1810-197, is a magnetar. . Magnetars are a type of neutron star and are the most powerful magnets in the universe. XTE J1810-197 is […]
Tesla (TSLA) Board Chair Robyn Denholm says it is imperative that Chief Executive Elon Musk’s 2018 $56 billion compensation package is reapproved if the EV giant wants to continue “motivating him” to work for the company, according to a regulatory filing Thursday. TSLA shares angled lower early. X In a letter sent to Tesla shareholders […]
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. X The stock market rally had a powerful session on Wednesday, with the Nasdaq and S&P 500 hitting all-time highs. Goldilocks economic reports and strong tech earnings and news fueled gains. Nvidia (NVDA) kept running to top a $3 […]
(Bloomberg) — The Bank of Canada cut interest rates by a quarter of a percentage point, making it the first Group of Seven central bank to kick off an easing cycle. Most Read from Bloomberg Policymakers led by Governor Tiff Macklem lowered the benchmark overnight rate to 4.75% on Wednesday, as widely expected by markets […]
By Ali Sawafta and Nidal al-Mughrabi RAMALLAH (Reuters) – Deep divisions will limit progress at reconciliation talks between Palestinian factions Hamas and Fatah this month, conversations with five sources in the groups indicate, but the meetings highlight that the Islamist group is likely to retain influence after Israel’s war in Gaza. The talks between Hamas […]
(Bloomberg) — Oil swung between gains and losses after OPEC+ set out a plan to restore some production as early as October, despite concerns over the demand outlook and robust supply from outside of the group. Most Read from Bloomberg Production cuts will continue in full in the third quarter and then be gradually phased […]
This is a breaking news story. Check back to idahostatesman.com for updates. To sign up for breaking news alerts, click here. State prosecutors in the University of Idaho student homicide case relied on a federal grand jury to obtain dozens of subpoenas to build their case against suspect Bryan Kohberger, it was revealed for the […]