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Bank of England raises UK interest rates to highest level since 2008

Published Wed, 25 Dec 2024 06:53:37 GMT

LONDON (AP) — The Bank of England has raised interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K.The decision on Thursday by the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% was widely anticipated in financial markets. The increase was its 12th in a row.Like other central banks around the world, the Bank of England has sought to keep a lid on inflation, which over the past year has been fueled by Russia’s invasion of Ukraine. That sent energy prices soaring, a development that then led to price increases across a wide array of goods and services.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.LONDON (AP) — The Bank of England is set to raise interest rates later Thursday to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K.Financial markets expect the bank’s nine-member Monet...

Editorial Roundup: New York

Published Wed, 25 Dec 2024 06:53:37 GMT

New York Post. May X, 2023. Editorial: Weed ruins young men’s mental health, study shows: STOP legalizationOops: A massive new study proves the normalization of cannabis use is an ongoing social disaster.You’ve got to be under the influence — of toxic ideology, if not pot itself — to ignore the evidence.Researchers analyzing the health data of 6.9 million people have linked weed use to hugely increased mental-illness rates among adolescent males — including as much as a shocking 30% of schizophrenia cases among young men.The trend represents not just greater use, but the increasing potency of weed and weed products.That will only keep rising as the profit motive and industrialization of production, now that it’s so widely legalized, promote delivery of ever-more concentrated THC (the psychoactive chemical in weed) to users.Schizophrenia is one of the most serious, and tragic, psychiatric disorders.It can be treated, but patients often go off their meds, become homeless or semi-homel...

Woman charged in series of baseball bat attacks on Northwest Side

Published Wed, 25 Dec 2024 06:53:37 GMT

CHICAGO — A 26-year-old woman has been charged after several baseball bat attacks on the city's Northwest Side, according to Chicago police.Denise Solorzano, of Chicago, faces three felony counts of aggravated battery in a public place, four felony counts of aggravated battery/use of a deadly weapon and one felony count of aggravated assault.Police said Solorzano was identified as the person who attacked a 27-year-old and 31-year-old woman with a baseball bat in the 4500 block of North Mozart in the Albany Park neighborhood on Tuesday. The assault was captured on video. Woman in custody in connection with 6 baseball bat attacks on Northwest Side: police Just moments later, she attacked a 34-year-old woman with a bat in the 3000 block of West Cullom.According to police, Solorzano is also charged in connection to the batteries of a 19-year-old woman in the 4000 block of West Lawrence and a 33-year-old woman in the 4200 block of West Richmond on Sunday.She is due in bond court Thursday.

Thursday Forecast: Mostly sunny and low 80s

Published Wed, 25 Dec 2024 06:53:37 GMT

Thursday: Mostly sunny, cooler lakeside, SSE 5-10. High: 82, Low: 72Thursday Night: Mostly cloudy, early AM rain/storm showers, ESE 5-10. Low: 63Friday: Mostly cloudy, 70% showers and thunderstorms, cooler lakeside, ESE 5-10 G15. High: 71, Low: 62Chicago Weather | Tom Skilling and the WGN Weather Center's Forecast (wgntv.com)7DAY wgntv.com/weather

ALERT: severe storms, flash flooding likely this weekend

Published Wed, 25 Dec 2024 06:53:37 GMT

AUSTIN (KXAN) -- A high-impact flash flood event is looking more likely as we inch closer to the weekend. The window to prepare will close Friday night.Not since 2018 have we seen widespread, significant river and lake flooding in the Hill Country, and not since 2015 have we seen it in the Austin Metro area. Both of those happened during an El Niño pattern -- a pattern that is quickly reestablishing itself as we speak in the Pacific Ocean.Today will be our last full day of relatively quiet weather. Outside of an isolated storm or two, hot and humid conditions under mainly dry skies will stretch areawide.Disturbances from the low pressure system, a stalled surface boundary, and near-record amounts of atmospheric moisture will be in place.Rain and thunderstorms move into the Hill Country beginning Friday evening, then train over our area all day Saturday. Periods of heavy rain look more likely to continue Mother's Day, so make your family plans accordingly.LATE FRIDAY / EARLY SATURDAY...

Cameron officer, suspect killed in shooting

Published Wed, 25 Dec 2024 06:53:37 GMT

CAMERON, Texas (KXAN) – The Milam County Sheriff's Office said Thursday an officer with the Cameron Police Department died after a shootout with a suspect late Wednesday night. According to the press release from MCSO, police responded to the 700 block of North Travis Avenue in Cameron at 10:55 p.m. on a report of a gunshot victim. The victim told police they were shot in the back of the neck by the their spouse, according to the release.Cameron PD investigated and applied for a search warrant at a residence in the 500 block of E. 7th Street, according to the release.The release said Cameron Police, the Milam County Sheriff's Office, Rockdale Police and the Texas Department of Public Safety attempted warrant service at the residence.According to the release, the suspect opened fire on law enforcement personnel, and law enforcement fired back.The sheriff's office said the suspect was shot and killed, and one Cameron officer was wounded and taken to a hospital where they died.The Mila...

5 things to know this Thursday, May 11

Published Wed, 25 Dec 2024 06:53:37 GMT

ALBANY, N.Y. (NEWS10) -- Happy almost Friday! According to Meteorologist Jill Szwed, we're in for a treat, as today should feel like a summer preview. Get the latest, news, weather, sports and community events delivered right to your inbox! The former store manager of the Mavis Discount Tire on South Broadway in Saratoga Springs testified on day three of the Schoharie Limo Trial on Wednesday. Also, Dino Savoca, the man accused of causing the Albany Medical Center lockdown, pleaded not guilty to an indictment on Wednesday that alleged he intentionally caused the death of his mother. These stories, and more, are covered in your five things to know this Thursday morning. 1. Former Mavis Discount Tire manager testifies in Schoharie Limo TrialWitness testimony continued on day three of the Schoharie Limo Trial. Susan Mallery, Schoharie County District Attorney, called Virgil Park, the former store manager of the Mavis Discount Tire on South Broadway in Saratoga Springs, to the stand.2...

Taking you inside the Architectural Parts Warehouse 

Published Wed, 25 Dec 2024 06:53:37 GMT

ALBANY, N.Y. (NEWS10) - From doors to windows, knobs to light fixtures, a treasure trove of historic gems are waiting to be uncovered at the Architectural Parts Warehouse in Albany. Since 1978, it's been serving as the Capital Region’s only nonprofit architectural salvage warehouse. Off the Beaten Path: Gus’s Hot Dogs The set designer for The Gilded Age was a regular customer during filming in the Capital Region, according to Warehouse Manager David Ritrovato. With new items coming in weekly, you never know what you’ll find while shopping. When wooden booths from Albany’s beloved long-time establishment Lombardo’s showed up, those relics were gone in just two hours.The Historic Albany Foundation is always in need of volunteers to help out! If you have an interest in preservation, advocacy, or history and want to get involved with their efforts, contact them. Albany tool library growing in size and popularity The Architectural Parts Warehouse is located at 89 Lexington Avenue in ...

Fire burns three homes in Washington Park, Illinois

Published Wed, 25 Dec 2024 06:53:37 GMT

WASHINGTON PARK, Ill. - A massive fire in Washington Park, Illinois, burned three houses early Wednesday morning.The Washington Park Police Department got the call of the three-alarm fire around 4:15 a.m. located on Portland Place, just north of I-64. Seven different fire crews are now on the scene, getting control of the flames.Washington Park Assistant Fire Chief Ronnie Harris shared that the fire initially engulfed two vacant houses, then spread to an occupied home. Three occupants were sleep when the fire spread to their home, but escaped without injuries. Circuit Attorney refuses charges to woman arrested in Cherokee St. shooting One firefighter from Fairmont City was treated for heat exhaustion. He is expected to recover. The cause of the fire has not yet been reported. The Illinois State Fire Marshal is expected to take over the investigation.Our Bommarito Automotive Group SkyFOX helicopter was flying over the area. FOX 2 will update this story with more information as it ...

Crews responding to vacant building fires in south St. Louis city

Published Wed, 25 Dec 2024 06:53:37 GMT

ST. LOUIS - Emergency crews are at the scene of two vacant house fires in south St. Louis City.Our Bommarito Automotive Group SkyFOX helicopter is flying over the area located on the 3100 block of Ohio Avenue, where firefighters can be seen dumping water onto the flames damaging two vacant brick buildings. Circuit Attorney refuses charges to woman arrested in Cherokee St. shooting The cause of the fire has not yet been revealed. So far, no injuries have been reported. FOX 2 will update this story with more information as it becomes available.