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Britain’s pound currently beating every other major currency

Published Mon, 24 Feb 2025 03:22:49 GMT

By Julia Horowitz | CNNThe British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz Truss. Now, it’s enjoying a comeback.Sterling hit its highest level against the US dollar in 10 months on Tuesday, topping $1.25 for the first time since June 2022. The pound, which has advanced about 3.3% versus the greenback since the start of 2023, is the best-performing currency among developed economies this year.The UK currency has been boosted by indications the country’s economy is holding up better than expected. Activity is now thought to have expanded 0.1% in the final three months of last year, up from a previous estimate of no growth at all. Gross domestic product growth in January has been estimated at 0.3% after dropping 0.5% in December.This resilience is bolstering expectations the Bank of England will maintain aggressive interest rate hikes despite concerns about the health of the global banking sector. Risin...

Donald Trump pleads not guilty to 34 felony counts of falsifying business records

Published Mon, 24 Feb 2025 03:22:49 GMT

Former President Donald Trump pleaded not guilty to 34 felony criminal charges of falsifying business records in Manhattan criminal court Tuesday afternoon.The indictment against Trump alleges that the former president sought to undermine the integrity of the 2016 election.Prosecutors alleged Trump was part of an unlawful plan to suppress negative information, including an illegal payment of $130,000 that was ordered by the defendant to suppress the negative information that would hurt his campaign.The reason Trump committed the crime of falsifying business records was in part to “promote his candidacy,” the indictment alleges.The former president’s voice was measured in the courtroom. He walked in slowly scanning the reporters in the courtroom and looked at the judge when he was speaking.Trump had arrived at the Manhattan district attorney’s office earlier Tuesday afternoon, where he was placed under arrest and in police custody before the arraignment.The ar...

San Jose purse-snatching suspects who targeted AAPI community arrested, firearms seized

Published Mon, 24 Feb 2025 03:22:49 GMT

(KRON) -- Two men have been arrested in connection to a string of purse-snatching style robberies that appeared to target the AAPI community, according to a news release from the San Jose Police Department. Ilyaas Mubarez, 19, of Oakland, and Michael Pruitt, 21, also of Oakland, were arrested and charged with multiple felony counts of robbery. 3 San Francisco shootings in 1 day leave 1 dead, 14-year-old injured The string of strong-armed robberies occurred between Feb. 24 and March 29, 2023, according to police. SJPD Robbery Unit detectives investigated the crimes and identified the suspects. Warrants for their arrests were attained in addition to warrants to search their residences.KRON On is streaming live news now.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }Police said the su...

Fisherman missing after boat capsizes in bay

Published Mon, 24 Feb 2025 03:22:49 GMT

SAN FRANCISCO (KRON) -- The U.S. Coast Guard and Solano County Fire Department are searching for a missing fisherman off Dutton Island in Suisun Bay after a boat capsized Monday night.At 7:39 a.m. Tuesday, U.S. Coast Guard Sector San Francisco watchstanders received a report from a good Samaritan on Dutton Island. A man had swam up to the good Samaritan's dock and said his 15-foot recreational boat capsized the night before. His brother was missing. The boat capsized around 11 p.m. Monday while he and his brother were fishing. Coast Guard Sector issued an Urgent Information Broadcast Notice to all mariners and launched a search effort. The missing brother was wearing brown coveralls and has short blonde hair.Waterway users are requested to keep a sharp lookout for signs of distress, and to report any information to the U.S. Coast Guard Sector San Francisco's command center at 415-399-7300.The search effort includes a Coast Guard Air Station San Francisco MH-65 Dolphin helicopter cr...

6 Bay Area cops face decertification on child porn, extortion, destroying evidence charges

Published Mon, 24 Feb 2025 03:22:49 GMT

(KRON) -- Twenty California cops, including six from the Bay Area, are facing possible decertification by the state's Commission on Peace Officer Standards and Training (POST), according to its website. If their certifications are pulled, the officers can no longer work in law enforcement in California.The six Bay Area police on the list are:Brendon Jacy Tatum: Rohnert Park DPSJoseph Huffaker: Rohnert Park DPSKevin Lyons: San Francisco Police DepartmentKevin Sien: San Francisco Police DepartmentAdam Marlowe: Sonoma County Sheriff's OfficeSean Patrick Nimau: Redwood City Police DepartmentKRON4 previously reported in 2021, Tatum and Huffaker were accused of extorting cash, drugs and property from drivers on Highway 101 without reporting the seizures or submitting the drugs to evidence. They allegedly continued doing this after being fired from the Rohnert Park DPS when they pretended to be ATF agents. Tatum then allegedly drafted a false press release and filed false police reports to...

43-year-old man dies after stabbing near SoMa

Published Mon, 24 Feb 2025 03:22:49 GMT

SAN FRANCISCO (KRON) -- A man died after a stabbing near SoMa early Tuesday morning, and police are asking for the public to come forward with any information, according to the San Francisco Police Department. San Jose purse-snatching suspects who targeted AAPI community arrested Around 2:35 a.m., officers were called to the 400 block of Main Street, near the Highrise Condos, after receiving a report of a stabbing in the area. Officers found a man suffering from what appeared to be stab wounds. The man was provided medical aid by officers and emergency medical responders before he was taken to a local hospital. He later died of his injuries. The victim was identified as a 43-year-old man from Mill Valley. KRON On is streaming now.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }Polic...

NYPD escorts Rep. Marjorie Taylor Greene out of wild NYC Trump rally

Published Mon, 24 Feb 2025 03:22:49 GMT

NEW YORK (WPIX) — Celebrities, protesters, and supporters clashed at a Manhattan rally for former President Donald Trump Tuesday morning, forcing the NYPD to escort staunch Trump supporter Rep. Marjorie Taylor Greene (R-Ga.) out of the event minutes after she arrived. Greene briefly addressed the crowd on a loudspeaker before officers ushered the Georgia politician through a wild crowd at Collect Pond Park on Leonard Street near Criminal Court in Lower Manhattan less than 10 minutes after she arrived at the rally.  Donald Trump to surrender, make historic court appearance “Loser, loser,” a crowd could be heard yelling at Greene as cops shuffled her to safety. Greene announced she was making an appearance at the pro-Trump rally on Monday ahead of the former president's arraignment, prompting Trump detractors to make an appearance, including New York City Public Advocate Jumaane Williams and Congressman Jamal Bowman. Congressman George Santos was also met by...

Trump’s Lawyer Joe Tacopina Donated to Democratic Rep Who Called for Trump’s Prosecution

Published Mon, 24 Feb 2025 03:22:49 GMT

Donald Trump’s bombastic attorney in his defense against his high-profile indictment once donated to the campaign of a Democrat who moved to prosecute Trump during his presidency.Joe Tacopina, the lead defense attorney in the latest case against the former president, has not been a prolific donor to political campaigns, but those he has made have been bipartisan.In 2010, Tacopina gave to then-Rep. Kathleen Rice, D-N.Y., a former prosecutor who later sent a criminal referral to the FBI requesting they investigate Trump’s phone call with Georgia Secretary of State Brad Raffensberger.The phone call, in which Trump pressured Raffensberger to “find” him enough votes to overturn the presidential election, is now being investigated by the Justice Department special counsel Jack Smith.While it’s not clear in this case, such criminal referrals are considered to carry significant weight with the FBI and often trigger investigations.The $1,500 campaign donation to Rice is Tacopina’s second lar...

Transgender bathroom bill approved in Kansas; veto expected

Published Mon, 24 Feb 2025 03:22:49 GMT

TOPEKA, Kan. (AP) — A Kansas bill that would bar transgender people from using public bathrooms or changing their name or gender on their driver’s license cleared the GOP-controlled Legislature on Tuesday by margins suggesting backers could override Democratic Gov. Laura Kelly’s expected veto.The state Senate voted 28-12 with one vote more than a two-thirds majority that would be needed to overturn any veto, giving final passage to an earlier House-passed version of the legislation and sending it to the governor.The measure deals with bathrooms, locker rooms and other facilities, and defines “sex” as “either male or female, at birth,” a move LGBTQ+-rights advocates said would legally erase transgender people and deny recognition to non-binary, gender fluid and gender non-conforming people.The sweeping transgender bill, one of the broadest of its kind in the nation, is among several hundred measures aimed at rolling back LGBTQ rights pursued by Republicans this year across the ...

Grains lower, Livestock lower

Published Mon, 24 Feb 2025 03:22:49 GMT

Wheat for May was off 2 cents at $6.9150 a bushel; May corn fell 4 cents at $6.5375 a bushel, May oats lost 7.25 cents at $3.41 a bushel; while May soybeans was down 4.50 cents at $15.1750 a bushel.Beef and pork were lower on the Chicago Mercantile Exchange. Apr. live cattle was off .52 cent at $1.6760 a pound; Apr. cattle fell 1 cent at $1.9795 a pound; while Apr. lean hogs lost 2.30 cents at $.7222 a pound.Source