CAIRO/JERUSALEM — The Israeli military said it was opening an additional route for 48 hours that Palestinians could use to leave Gaza City as it stepped up efforts on Wednesday to empty the city of civilians and confront thousands of Hamas combatants. Hundreds of thousands of people are sheltering in...
Kern County Man Arrested After Gunfire Report Leads to Firearms Seizure
A 58-year-old man was arrested after deputies responding to reports of gunfire in Taft seized 13 firearms from his home, authorities said. Kern County sheriff’s deputies were dispatched Sept. 7 to the 28000 block of Chaparral Avenue for a shots-fired call, the sheriff’s office said Tuesday. Witnesses identified James Dye...
Wall Street Mixed Ahead of Fed’s Rate Decision, Nvidia Slips
Wall Street's main indexes were mixed in choppy trading on Wednesday, with the S&P 500 muted ahead of a widely expected interest-rate cut from the U.S. Federal Reserve later in the day. The central bank is expected to reduce borrowing costs by at least 25 basis points at 2 p.m....
Jerry of Ben & Jerry’s Resigns, Saying Company Has Been ‘Silenced’
One of Ben & Jerry’s founders, Jerry Greenfield, has resigned from the ice cream company, saying that its independence had been lost and its social activism “silenced” under the control of its parent company, Unilever. Greenfield’s business partner, Ben Cohen, announced the move on social media early Wednesday. The decision...
Fed Expected to Cut Rates, Update Views of Trump Economic Plan With New Projections
WASHINGTON — The most politically charged U.S. Federal Reserve meeting in years wraps up on Wednesday with broad expectations for a quarter-percentage-point interest rate cut that may spark dissents from some policymakers who feel it is too small and too late and others who feel it is not warranted at...
San Francisco Politician Recalled Over the Great Highway’s Closure
Many residents of the west side of San Francisco clearly still long for their Great Highway. They miss driving the 2 miles alongside the coast like they did for decades, taking in the view of the sun setting over the Pacific and surfers riding its waves, until the road closed...
UN Warns on Supplies for Famine-Stricken North Gaza After Israel Shuts Crossing
GENEVA — The United Nations voiced grave concerns on Wednesday about food and other supplies running out in northern Gaza, where hundreds of thousands of people were already experiencing famine, after Israel closed the only crossing there last week. Israel began its long-expected ground assault on Gaza City in the...
Morgan Stanley CIO Favors 60/20/20 Portfolio Strategy With Gold as Inflation Hedge
A 60/20/20 portfolio strategy that includes 20% gold is a more resilient inflation hedge at a time when U.S. equities are offering historically low upside over Treasuries and investors are demanding higher yields for long-term bonds, Morgan Stanley Chief Investment Officer Mike Wilson said on Tuesday. A 60/40 portfolio, which...
Trump Administration Sued Over Actions Against University of California
WASHINGTON — Labor unions, faculty and students in the University of California education system sued President Donald Trump's administration on Tuesday over the freezing of federal funds and other actions that they say aim to stifle academic freedom. The lawsuit, filed in the U.S. District Court for the Northern District...
Man Dies After Being Struck by Train in Camarillo Area
A man believed to be standing on railroad tracks was killed after being struck by a Metrolink train in the Camarillo area on Saturday, authorities said. The incident happened just before 1 p.m. near East Pleasant Valley Road, west of Calle San Pablo, said Ventura County Sheriff’s Capt. Tyler Abbot....