Author: Press Room

Wall Street stocks rose on Friday in volatile trading as investors weighed the latest flurry of corporate earnings updates and reassessed the outlook for US interest rate rises.The S&P 500 was up 1.6 per cent by early afternoon in New York, while the technology-heavy Nasdaq Composite had risen 1.3 per cent.Those moves came as an article from The Wall Street Journal suggested that Fed rate-setters might shift towards a tamer pace of interest rate rises from December. The US central bank has lifted borrowing costs by an extra large 0.75 percentage points over each of its past three meetings, taking…

Shane Lowry has put in some unwanted miles on the PGA Tour this season, and was at it again on Thursday after breaking his putter during the first round of the CJ Cup.The Irishman said he “accidentally” broke his wand on the ninth hole at Congaree Golf Club.”Accidentally broke my putter on the ninth hole today,” he said. “Long story, but it was an accident.”The CJ Cup’That’s a number in my head’ – McIlroy fires barb at Norman by targeting his world No. 1 figure3 HOURS AGOWith no replacement available at the course, Lowry was left with the choice of…

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Running back Christian McCaffrey is officially a member of the San Fransisco 49ers, but his status for San Francisco’s game against the Kansas City Chiefs on Sunday is uncertain. The bombshell news that dropped Thursday night that the Carolina Panthers had traded McCaffrey to the Niners set off social media, as San Francisco added a serious weapon to its offense.  San Francisco 49ers head coach Kyle Shanahan joined KNBR Friday morning and said that McCaffrey’s status for Sunday is still undetermined. CARDINALS’ KYLER MURRAY, KLIFF KINGSBURY DOWNPLAY SIDELINE INCIDENT: ‘GUESS IT’S A GEN Z THING’”I’m still up in the air whether we’re…

Some might argue that head-to-toe black can feel a bit boring or even lazy, but the best all-black outfit ideas are anything but. Take a look at some of the latest street style moments and you will see that the dark shade can actually be quite exciting, especially when styled in an intriguing way.Hailey Bieber’s latest ensembles are a perfect example of how to make an all-black look pop. Take a page out of her book and add interest with cult-worthy accessories—like Balenciaga Cagole boots and an Hourglass handbag. Of course, you don’t have to have the flashiest new arrivals…

The Department of National Defence is looking into reports that the Chinese government might be paying Canadian military fighter jet pilots to train Beijing’s air force. A spokesperson confirmed the development to Global News on Friday, following multiple reports in Canadian, British and Australian media alleging that China might be offering hundreds of thousands of dollars to former Western air force members to coax them into training Chinese military pilots.“We are aware of these reports, and we are looking into this further with federal partners,” the spokesperson said in a Friday statement.According to a report from the BBC, up to…

Check out the companies making headlines in midday trading.Snap — Shares of the Snapchat parent company cratered 30% after it missed revenue estimates and saw its slowest sales growth since going public as advertising spending slows. The results from Snap hit other ad-reliant stocks, sending shares of Pinterest and Meta Platforms down about 7.7% and 2.6%, respectively.Twitter — The social media stock sank more than 4% Friday amid a slew of media reports on Twitter and Elon Musk. The Washington Post reported on Thursday that the Tesla CEO told some potential investors that he would slash nearly three-quarters of Twitter’s…

A disastrous earnings report from Snap and less than inspiring results from Dow components American Express and Verizon weren’t enough to keep the Wall Street bulls at bay Friday. Stocks surged on hopes that the Federal Reserve may soon come to the rescue by slowing the pace of its rate hikes. The Dow rose nearly 750 points, or 2.5%, even as AmEx (AXP) and Verizon (VZ) fell nearly 2% and 5% respectively. The Dow has now gained for the past three weeks, its longest weekly winning streak of the year. It was a broad-based rally, with all sectors rallying. In…

A 52-year-old man was pistol-whipped during an attempted robbery in Brooklyn late Thursday, cops said.  The suspect approached the victim around 9:40 p.m. at 54th Street near Seventh Avenue in Sunset Park and demanded money, authorities said.  When the victim said he didn’t have any, the suspect struck him with the gun, authorities said.  The 52-year-old victim was robbed at 54th Street near Seventh Avenue in Sunset Park around 9:40 p.m. Thursday, cops said.Citizen The suspect pistol-whipped the victim when he said he didn’t have any cash, cops said. Citizen The gunman fled empty-handed on an e-bike and no arrests…

A Turkish pop singer accused of “inciting hatred and enmity” with a joke about Turkey’s religious schools rejected the charge Friday during her first court appearance.Singer-songwriter Gulsen was charged and briefly jailed over the joke she made during a concert in April, when she quipped that the “perversion” of one of her musicians came from attending a religious school.The 46-year-old singer, whose full name is Gulsen Colakoglu, was taken away from her Istanbul home in August after a video from the concert began circulating on social media, with a hashtag calling for her arrest.TURKEY ARRESTS POP SINGER FOR JOKE ABOUT…