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BoC expected to hold key interest rate steady amid ‘sluggish’ economy

Published Tue, 04 Mar 2025 03:19:33 GMT

The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates and inflation resumes its downward trend.The central bank held its key interest rate steady at five per cent last month but kept the door open to more rate hikes, citing concerns about the persistence of underlying price pressures. “Economic data releases since the Bank of Canada opted to forego an interest rate hike in September have been mixed, but we expect that they on net have made a hike at next week’s decision unlikely,” wrote RBC assistant chief economist Nathan Janzen and economist Claire Fan in a client note on Friday.The annual inflation rate rose in both July and August, while core measures  of inflation — which strip out volatile prices — have not eased by much in recent months.But the September consumer price index report helped quell some of those anxieties as the pace of price growth slowed across the eco...

2 injured after shooting in Walgreens on North Side: CPD

Published Tue, 04 Mar 2025 03:19:33 GMT

CHICAGO -- Two men are injured after a shooting in a Walgreen's store in the city's Old Town neighborhood, police said. According to police, a 26-year-old man was working at a 24-hour Walgreens in the 1600 block of North Wells Street around 11:55 p.m. when a man in his late twenties entered the store, had an altercation with the employee and produced a gun.Police said gunfire was exchanged and the employee sustained a graze wound to the chest. He refused medical attention on the scene. Police offer warning after string of 6 armed robberies in under 30 minutes on Southwest Side The offender sustained gunshot wounds to the chest, head, abdomen and self-transported to Northwestern Memorial Hospital in critical condition.Police said the two appeared to have known each other and investigators have not disclosed whether they have recovered how the two individuals knew each other.It is still unknown whether the employee is a CCL holder, and the company does ban guns inside store location...

Israel bombs Gaza, Syria and West Bank as war threatens to ignite other fronts

Published Tue, 04 Mar 2025 03:19:33 GMT

RAFAH, Gaza Strip (AP) — Israel warplanes bombed Gaza overnight and into Sunday, as well as two airports in Syria and a mosque in the occupied West Bank.Israel has traded fire with Lebanon's Hezbollah militant group on a near-daily basis since the war began, and tensions are soaring in the Israeli-occupied West Bank.For days, Israel has seemed to be on the verge of launching a ground offensive in Gaza as part of its response to Hamas' attack on Oct. 7. Tanks and tens of thousands of troops have massed at the border, and Israeli leaders have spoken of an undefined next stage in operations.A convoy of 17 aid trucks was allowed to enter Gaza from Egypt on Sunday, Egypt's state-run media reported, the second shipment into the territory since Israel imposed a complete siege two weeks ago. On Saturday, 20 trucks entered.Relief workers said far more was needed to address the spiraling humanitarian crisis in Gaza, where half the territory's 2.3 million people have fled their homes. The U.N....

What causes the morning frost on your windshield?

Published Tue, 04 Mar 2025 03:19:33 GMT

LANSING, Mich. (WLNS) — As we continue to see temperatures fall, scraping frost off the car windshield in the morning will, unfortunately, become a lot more common for some of us.But WLNS Meteorologist Kendall Wilson tells us that not every cold and freezing night can create frost. For frost to form we need the 3 C’s: cold freezing air, clear skies, and calm conditions overnight.  What that overlooked button in your car does When skies are clear, the heat we gain during the day can escape quickly into the atmosphere, so our cool down overnight is maximized. As our temperatures drop down to the dew point — or in this case, the freezing point — we create moisture at the surface. And when temperatures of the surface are at or below freezing, that moisture turns to frost. This is an extremely delicate process, so even something as small as a strong gust of wind can mix up the air and prevent this process from happening.  Do you really need to let your car warm up befo...

AUS expects to set passenger record Monday after Formula One weekend

Published Tue, 04 Mar 2025 03:19:33 GMT

AUSTIN (KXAN) — A record number of flyers are expected at Austin-Bergstrom International Airport after Formula One weekend in Austin. Airport officials expect 32,000 departing passengers Sunday and 45,000 passengers Monday. RELATED: How to check TSA wait times before flying from AUS The current record for the busiest day was set after F1 weekend in 2022, with 42,241 passengers leaving AUS.With busy travel days ahead, passengers should get to the airport 2.5 hours before domestic flight departures and 3 hours before international flights, according to the airport. RELATED: Austin airport passenger totals still on track for record-breaking year… again Allegiant and Frontier flyers should also note a detour at the South Terminal. AUS South Terminal detour map (Courtesy AUS)Flyers should also plan extra time for rental car returns, baggage check or travel time to the airport. AUS officials also suggest using the upper level or lower level to drop off and pick up passengers—whichev...

A warm week and, at times, wet

Published Tue, 04 Mar 2025 03:19:33 GMT

AUSTIN (KXAN) -- Temperatures will remain unseasonably warm today and through the upcoming week. However, unlike the previous two days, there will be no records for heat this afternoon.Austin-Bergstrom's high Saturday was 95°, a new record for October 21st. The previous record was 92° set in 1953. The high at Camp Mabry was 94°, also a new record for October 21st. The record prior to yesterday was 92° first set in 1934 and tied in 1979.Today's normal high is 81°Today's high temperature record is 92° set in first set in 1933 and tied in 1939.Today is Formula 1 U.S. Grand Prix race day at the Circuit of the Americas. The weather will be very warm and dry. The race starts at 2 p.m. under a partly cloudy sky and a temperature in the middle 80s.It's Race Day at COTARain chances pick up after midnight as energy from Tropical Storm Norma moves over Texas. Surface winds from the Gulf will also provide moisture for a 30% chance of showers and thunderstorms. Wet weather will continue on Monda...

'Trickle of closures': More children, less child care in Central Texas as relief funds end

Published Tue, 04 Mar 2025 03:19:33 GMT

AUSTIN (KXAN) — In December 2019, after years of being a teacher and school counselor, Maria Dominguez decided to open Cielito Lindo, a home-based Spanish immersion child care center in north Austin. "I decided it was time for me to follow my dream," Dominguez said. "I had invested all my savings in opening my home-based care." Picture of Maria's Dominguez' home where she was a licensed home-based childcare provider (KXAN Photo/Arezow Doost)Picture of Maria Dominguez' home where she was a licensed home-based childcare provider (KXAN Photo/Arezow Doost)Picture of mural at Maria Dominguez' home where she was a licensed home-based childcare provider (KXAN Photo/Arezow Doost)Just months after Cielito Lindo opened, the COVID-19 pandemic started and Dominquez said she was in a state of unknown until she was able to get assistance through the child care federal relief fund. Dominguez told KXAN the relief fund not only helped her pay rent, bills, and teacher salaries, but it also allowed he...

Other voices: Biden shows presidential courage in Israel

Published Tue, 04 Mar 2025 03:19:33 GMT

Whether the matter is of formidable geopolitical import or merely a kid’s choir concert, showing up is one of the best ways to convey support.So the mere physical presence of President Joe Biden in Israel Wednesday conveyed far more than most statements or speeches. Moreover, it came with such a level of political risk that we don’t doubt for a moment that some White House advisers urged him to stay home.Those who are paid to worry about risk no doubt saw myriad red lights flashing. A full-throated defense of Israel and its right to defend itself hardly is the incontrovertible creed of the Democratic Party, especially given the unfolding humanitarian crisis in the Gaza Strip.Those who put together presidential visits like to control the circumstances to show off their principal at his best. But when an explosion rocked a hospital in Gaza on Tuesday night, the intended balance of Biden’s trip was thrown off.Biden had been scheduled to travel to Amman, Jordan, to mee...

Wentzville man involved in shooting, died

Published Tue, 04 Mar 2025 03:19:33 GMT

WENTZVILLE -- A person involved in a fight that escalated into a shooting incident has died According to the Wentzville Police Department, the victim was in an argument with another individual that led to the shooting. The incident occurred on Friday night on Evergreen Court. Law enforcement reports indicate that the victim sustained multiple gunshot wounds. Officers administered life-saving measures until medical personnel arrived on the scene, but the victim later died in the hospital. Detectives took the suspect into custody on the same night. They are actively working on charges and planning to submit them to the St. Charles County Prosecuting Attorney's Office. If you witnessed this altercation or possess any information relevant to the ongoing investigation, you can contact the Wentzville Police Department at the following number: 636-327-5105.

Fatal shooting in south St. Louis of 40-year-old woman

Published Tue, 04 Mar 2025 03:19:33 GMT

ST. LOUIS -- A woman in South St. Louis has died due to a shooting incident. According to St. Louis Police officers, the shooting occurred on Lindenwood Ave., close to Kings Highway.As of now, the police have not disclosed the victim's identity or identified any suspects involved in this incident. However, if you have any information and wish to maintain your anonymity, you can contact Crime Stoppers at 1-866-637-8477 to provide your tips.