Latest news with #JohnAngelillo
UPI
an hour ago
- Business
- UPI
Merchant marine from New York wins $1M lottery prize in Md.
A New York-based merchant marine posted at the Port of Baltimore won a $1 million prize from a Maryland Lottery scratch-off ticket. Photo by John Angelillo/UPI | License Photo July 22 (UPI) -- A merchant marine from New York visited the Port of Baltimore on assignment and won $1 million from a Maryland Lottery scratch-off ticket. The Brooklyn native told Maryland Lottery officials his latest assignment brought him to the Port of Baltimore, and he stopped at the 7-Eleven on Key Highway in Baltimore one day after finishing work early. The man bought five $20 Lucky 777 scratch-offs and asked the store clerk to scan them. "They told me I won $100,000," he said. "I was satisfied with that and left." The player said it was only when he told his crew of his good luck that they encouraged him to finish scratching the ticket, unveiling another surprise. "I couldn't believe it," he said. "I was floored. For the first time in my life, I was speechless. Turns out the ticket was worth $1 million." The winner said he plans to be conservative with his winnings. "I plan to keep working. I want to be smart with it and save as much as I can for retirement," he said.
UPI
11 hours ago
- Entertainment
- UPI
Famous birthdays for July 22: Willem Dafoe, Rhys Ifans
1 of 3 | Willem Dafoe arrives on the red carpet for the 97th Academy Awards in the Hollywood section of Los Angeles on March 2. The actor turns 70 on July 22. File Photo by John Angelillo/UPI | License Photo
UPI
a day ago
- Business
- UPI
S&P, Nasdaq hit record highs amid optimistic earnings
1 of 3 | Traders work on the floor of the New York Stock Exchange on Wall Street on Monday. The S&P 500 and Nasdaq hit record highs to start the week. Photo by John Angelillo/UPI | License Photo July 21 (UPI) -- Two U.S. stock indexes -- Standard and Poor's 500 and Nasdaq 500 -- were trading at record highs during trading Monday as companies release earnings this week, though investors brace for U.S. tariff increases. The S&P 500 hit an intra-day high of 6,335.79, or 0.6%, above the record 6,297.36 on Thursday. The tech-heavy Nasdaq reached 21,077.37, a rise of 0.7%, after a record 20,895.66 on Friday. The Dow Jones Industrial Average reached 44,601.85, a climb of 0.6%, and off the record 45,073.63 on Dec. 4. The index's high this year was 45,008.75 on Jan. 30, 10 days after Donald Trump took office for his second term. The indexes climbed on the strength of technology firms, including Alphabet, Meta and Apple, all of which rose at least 1%. Earnings reports already have been strong. Verizon's stock price climbed 5% after posting better-than-expected earnings and revenue. Of the 62 S&P companies that have reported, more than 85% beat expectations, according to FactSet data as reported by CNBC. Earnings for the second quarter, which ended June 30, are tracking 5% over one year, according Bank of America. Alphabet and Meta have yet to report. "Rarely do you injure yourself falling out of a basement window," Sam Stovall, chief investment strategist at CFRA Research, said to CNBC. "With expectations so low in earnings, I think that the end result will end up being better than anticipated. That is encouraging for the market, as well." Stoval said he believes the S&P could hit 6,600 before declining. "A lot of the negativity has typically been shaken out of the market during these corrections, and now we're seeing articles about maybe the economy is not as bad as we thought it was, consumer confidence is on the mend and we're not seeing the inflation numbers be adversely affected by tariffs," he said. "Maybe it's just a matter of time before those things kick in, but at least for now, I think investors are saying, 'You know what, the market is indicating that it wants to go higher.'" Dan Greenhaus at Solus Alternative Asset Management was more cautious. He told Bloomberg News: "Given the better-than-expected inflation and economic data -- not to mention corporate commentary which thus far has been pretty good -- I'm not sure I'd put too much stock in the technicals right now." Stocks lately haven't been volatile, especially compared with April. Before trading this week, the S&P Index went 17 sessions without a move of more than 1% in each direction. Trump threatened tariffs on the April 2 "Liberation Day" of across-the-board tariffs on most U.S. trading partners and much higher for offenders. Indexes tumbled to lows this year and the bond market was battered. On April 8, the S&P was down 17.5% to 4,982.77, Nasdaq went into a bear market with a decline of 23.4% to 15,267.93 and DJIA off 15.4% 37,645.59. Then a day later, Trump paused the reciprocal tariffs to July 9. Last week, Trump announced news figures on 25 countries, including 50% against Brazil, 35% on Canada, 30% against the 29 European Union nations, 30% on Mexico. Deals have been reached with some nations, including Britain, China and Vietnam. Looming is the Aug. 1 trade deadline for countries to begin paying higher tariffs. Commerce Secretary Howard Lutnick told CBS News' Face the Nation on Sunday it is a "hard deadline." "That's gotten these countries to the table, and they are going to open their markets or they're going to pay the tariff," Lutnick said. The U.S. economy has been in good shape as the U.S. unemployment fell to 4.1% in June. Consumer prices rose 2.7% over one year, up 2.4% from the previous month. Transportation services were up 3.4%, food at 3%, and uses and trucks as 2.8%, according to Trading Economies. Specifically, energy costs decline by a smaller margin than the previous month. "I think you're going to see inflation stay right where it is," Lutnick said. "Americans can expect 'shockingly low' prices. The federal fund rate remained at a target range of 4.25% to 3.5% after its the Federal Reserve's June 17 and 18 meetings. The Fed's last rate change was a 25 basis point reduction on Dec. 18. Trump has been pressuring Chairman Jerome Powell to lower the rates. But Powell is urging caution and said a reduction could spurt inflation and slow economic growth.
UPI
a day ago
- Entertainment
- UPI
Watch: Blackpink's 'Jump' music video inspired by the group's 'fervor'
Blackpink shared the behind-scenes-footage from their most recent music video on Monday. File Photo by John Angelillo/UPI | License Photo July 21 (UPI) -- South Korean girl group Blackpink is giving fans a behind-the-scenes glimpse at the making of the music video for "Jump," their first single of 2025. An approximately 8-minute video shows K-pop stars Lisa, Rose, Jennie and Jisoo as they run through a city street and dance while suspended in the air, before a green screen. "There are a lot of green screens here. It's a lot of post," says director Dave Meyers in the featurette. "Sometimes the post allows you to keep up with the pace of the song." "Some of these setups were inspired by the fervor of Blackpink coming back together," he added. "You know, it's exciting and the fans are gonna freak out and that's because they've got Blackpink on the mind, because they're back. It's very exciting to have them all together. It's an exciting moment." The "Jump" music video, released earlier this month, shows the pop stars appear on billboards, and the song overtakes the entire city as everyone begins dancing. Blackpink, currently on their Deadline tour through January, released their album Born Pink in 2022. Separately, the singers have released solo projects. K-pop stars walk the red carpet Lisa, of Blackpink, arrives on the red carpet at the MTV Video Music Awards at the UBS Arena in Elmont, N.Y., on September 11, 2024. Lisa recently released a performance video for her solo single "Moonlit Floor." Photo by Derek C. French/UPI | License Photo
UPI
a day ago
- General
- UPI
SkyWest pilot makes 'aggressive maneuver' to avoid midair collision
A pilot on a Delta flight, operated by SkyWest, performed a 'aggressive maneuver" after the pilot noticed a B-52 bomber on the same flight course on Friday. Photo by John Angelillo/UPI | License Photo July 21 (UPI) -- A SkyWest flight performed an "aggressive maneuver" to avoid a collision with another aircraft on the same flight course. The SkyWest flight departed from Minnesota to North Dakota on Friday when a B-52 bomber "became visible in their flight path" as it prepared to land in Minot International Airport. The pilot was then forced to perform "a go-around" to avoid collision with the aircraft. After the flight -- Delta 3788, operated by SkyWest -- landed safely, the pilot apologized to the passengers. "Given his speed ... I don't know how fast they were going, but they were a lot faster than us, I felt it was the safest thing to do to turn behind it," the pilot said, according to video of his announcement to passengers. "So sorry about the aggressive maneuver, it caught me by surprise. This is not normal at all. I don't know why they didn't give us a heads up, because the Air Force base does have radar ... long story short, it was not fun, but I do apologize for it and thank you for understanding. Not a ... not a fun day at work." The pilot added that controllers at the airport rely on visuals to make calls as it does not have radar. "I just remember the plane going, sideways and just looking straight out the window and just seeing grass, like you weren't seeing the skyline anymore," said Monica Green who shared video of the pilot's apology to social media. Both SkyWest and the Air Force announced they were investigating the incident. "We are aware of the recent reporting regarding commercial and Air Force aircraft operating in airspace around Minot International Airport. We are currently looking into the matter. We can confirm that a B-52 aircraft assigned to Minot AFB conducted a flyover of the North Dakota State Fair Friday evening," an Air Force spokesperson said
