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How major US stock indexes fared Thursday, 8/17/2023

Published Tue, 25 Feb 2025 14:10:51 GMT

Wall Street fell for a third straight day as rising yields in the bond market keep cranking up the pressure. The S&P 500 lost 0.8% Thursday, with August on track to be its worst month of the year by far. The Dow fell 290 points, or 0.8%, and the Nasdaq composite gave back 1.2%. Stocks broadly have retreated in August, in part because a swift rise in bond yields is forcing a reassessment of how much to pay for them. The 10-year Treasury yield, which helps set mortgage rates, is nearly back to where it was in 2007.On Thursday:The S&P 500 fell 33.97 points, or 0.8%, to 4,370.36.The Dow Jones Industrial Average fell 290.91 points, or 0.8%, to 34,474.83.The Nasdaq composite fell 157.70 points, or 1.2%, to 13,316.93.The Russell 2000 index of smaller companies fell 21.46 points, or 1.1%, to 1,850.06.For the week:The S&P 500 is down 93.69 points, or 2.1%.The Dow is down 806.57 points, or 2.3%.The Nasdaq is down 327.92 points, or 2.4%.The Russell 2000 is down 75.06 points, or 3.9...

Tobi Amusan, world-record holder in hurdles, is declared eligible to run at worlds

Published Tue, 25 Feb 2025 14:10:51 GMT

BUDAPEST, Hungary (AP) — World-record hurdler Tobi Amusan had her temporary suspension lifted Thursday after an appeals panel found she had not violated antidoping rules that call for a suspension for missing tests.The decision came two days before the start of world championships, and about a month after the Nigerian hurdler went on social media and announced she had been charged for missing three tests in the span of 12 months.Amusan’s event, the 100-meter hurdles, start next Tuesday. World Athletics said Nigeria had entered Amusan in the race and if she was confirmed to compete by 9 a.m. Monday — normally only a formality — she would be eligible to run.As part of her post, Amusan insisted she was clean and said she had faith the penalty would be overturned. Less than 48 hours before the start of the championships, the Athletics Integrity Unit, which oversees doping issues in track, sent out an announcement that an appeals tribunal had overturned the decision.In its release,...

Colorado-based Boston Market has 27 restaurants closed over unpaid wages

Published Tue, 25 Feb 2025 14:10:51 GMT

TRENTON, N.J. (AP) — State labor officials have temporarily shut down more than two dozen Boston Market restaurants in New Jersey after finding multiple violations of workers’ rights, including more than $600,000 in back wages owed to 314 employees.A stop-work order was issued Tuesday by the Department of Labor against 27 restaurants across New Jersey. The state also imposed nearly $2.6 million in penalties against the firm.The Associated Press sent an email seeking comment to Boston Market’s corporate office in Golden, Colorado, on Thursday. There are 31 Boston Market restaurants in New Jersey and 310 nationwide, according to its website. What to know about new updates to workers’ rights in Colorado The company has requested a hearing challenging the state's findings, labor officials said, but a hearing date has not yet been scheduled.State officials say the investigation began in November, when a worker at a restaurant in Mercer County filed a complaint with the labor department...

Walmart evacuated in Parker for reported bomb threat

Published Tue, 25 Feb 2025 14:10:51 GMT

DENVER (KDVR) — Police were evacuating a Walmart store in Parker because of a bomb threat Thursday afternoon.The Parker Police Department posted about the evacuation at 3:26 p.m. The store is just southwest of South Parker Road and Mainstreet.People were asked to avoid the area. Police said there is a heavy police presence for the investigation.SkyFOX is headed to the scene. Check back for updates.

Colorado is home to 3 of the best dude ranches in the US

Published Tue, 25 Feb 2025 14:10:51 GMT

DENVER (KDVR) — If you are looking for a unique vacation experience where you can head back to the Wild West, Colorado is a great place to be.USA Today’s 10Best combines a list of 20 nominees for contests that cover food, lodging and travel. Then, readers get to make the final decision and vote for their favorite picks.USA Today made a list of the top 10 dude ranches in the U.S., and three Colorado locations made the cut. Colorado hot spring voted one of the best in US So, what exactly is a dude ranch?According to one of the winners, a dude ranch was the name given to ranches that opened up their doors to tourists in the late 1800s and early 1900s. When the East Coast city slickers traveled West to explore the open range, ranches would host them and eventually charge them for their stay.Colorado is home to a ton of Western-style ranches, and three dude ranches were named the best in the whole country.Vista Verde Guest RanchComing in at number nine on the list is the Vista Ver...

Denver Nuggets to raise championship banner on Oct. 24

Published Tue, 25 Feb 2025 14:10:51 GMT

DENVER (KDVR) -- The Denver Nuggets are ready to raise a banner at Ball Arena, and now we know when the NBA champions will get the chance to do so: Oct. 24, 2023.The pregame celebration will take place ahead of the Nuggets' season opener against the Los Angeles Lakers. Here’s how many people were at the Nuggets parade The season opener will be broadcast on TNT and is one of 22 nationally televised games for the Nuggets. Another featured game will be on Christmas Day when the Golden State Warriors come to Denver for a 12:30 p.m. matinee game that will be broadcast on ABC.In total, the Nuggets will have nine games on TNT, nine on ESPN and four on ABC. The Nuggets season ended June 12 when they beat the Miami Heat in the NBA Finals. A few days later, on June 15, they held a parade through the streets of Denver and a rally at Civic Center Park.Since then, star center Nikola Jokic has traveled back to his home in Serbia where he has spent time with family and watched his horses compete...

Colorado students still behind their pre-COVID testing performance

Published Tue, 25 Feb 2025 14:10:51 GMT

DENVER (KDVR) -- Colorado's students have still not caught up to their pre-pandemic test performance, according to the latest release of data from the Colorado Department of Education. The state is still bouncing back from learning losses sustained during the global COVID-19 pandemic, when school interruptions and remote learning shifts took a big toll on students nationwide. The department released the results of the academic tests known as CMAS for 2023 on Thursday, along with PSAT and SAT data. Overall, the percentage of students who met or exceeded expectations dropped in 2023 from the 2019 testing averages, though testing has improved in most cases since 2022. Why are Denver groceries so expensive? The CMAS test is given to students in grades 3-8. The test is grouped into English language and arts (ELA) and mathematics. A science CMAS is given to students in grades 5 and 8 as well as high school students. In both ELA and math, student scores are down from 2019 in every grade...

Sea temperatures lead to unprecedented, dangerous bleaching of Florida’s coral reef, experts say

Published Tue, 25 Feb 2025 14:10:51 GMT

The coral reef off southeast Florida is experiencing an unprecedented and potentially deadly level of bleaching this summer because of rising ocean temperatures caused by climate change, federal scientists said Thursday.Some sites around the Florida Keys are being exposed to twice the amount of heat stress that causes corals to die, and earlier in the year than ever before, scientists from the National Oceanic and Atmospheric Administration said in a telephone news conference. They said the phenomenon is likely to affect the Caribbean very soon and a global bleaching event could be just around the corner.“We are quite concerned and worried and stressed about this event,” said Ian Enochs, a research ecologist at NOAA’s Atlantic Oceanographic & Meteorological Laboratory. “It’s not a normal thing.”Ocean surface temperatures off the Florida coast have risen to above 90 degrees Fahrenheit (32 degrees Celsius) this summer, but scientists said they won’t know the extent of damage...

Harlequin macaw stolen from SW Miami-Dade backyard reunited with owners

Published Tue, 25 Feb 2025 14:10:51 GMT

An exotic bird that was stolen from a Southwest Miami-Dade home has been reunited with its owners.Riki, a 23-year old harlequin macaw, was missing for three months after it was stolen from the backyard if its family’s home, located along the 7300 block of Southwest 161st Place, May 16. “Oh, she’s dancing,” Eduardo Munoz said. “I feel blessed, it’s a miracle, I never lost hope. I feel overwhelmed; it’s a great feeling.”That bird theft was just one of several in Southwest Miami-Dade in the past few months.Police used surveillance video evidence to track down their suspect. Back in July, they arrested 45-year-old Lazaro Mantillaur and recovered more than a dozen birds. That’s when Natacha Cortes and Munoz where reunited with their cockatoo Pepe. 7News was the only station there for the reunion, but their family and others were still missing birds. Miami-Dade Police kept working the case and were able to return the pets to their ri...

Most SB lanes back open on Turnpike in Miramar after vehicle fire causes closures

Published Tue, 25 Feb 2025 14:10:51 GMT

Nearly all southbound lanes on the Florida Turnpike in Miramar have reopened to traffic after a vehicle fire led to lane closures in the middle of rush hour.The blaze sparked at mile marker 41 due in the middle lane, at around 4:45 p.m., Thursday.The fire initially led to a complete closure of all southbound lanes, causing traffic disruptions along the Miami-Dade/Broward county line.As of 5:45 p.m., all but two lanes have reopened. Traffic is still moving slow, so officials urge drivers to seek alternative routes and expect delays.Please check back on WSVN.com and 7News for more details on this developing story.