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U.S. Journalist Abducted in Baghdad Amid Rising Security Fears

                                   FILE PHOTO: An aerial view of Baghdad An American journalist was kidnapped in central Baghdad, according to Iraqi police officials who reported the incident early Tuesday. The abduction occurred near a busy commercial district where foreign media workers often travel, underscoring ongoing concerns about the safety of international personnel operating in the region. Witnesses told authorities that armed men intercepted the journalist’s vehicle and forced them into another car before speeding away. Police have launched an investigation and are coordinating with federal security forces to track the kidnappers and determine the journalist’s whereabouts. No group has yet claimed responsibility, but officials say the method of the abduction resembles tactics used by organized militias and criminal networks active in the capital. U.S. diplomatic represe...
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Stocks Rebound After Inflation Report


The stock market made a comeback today after a hot inflation print. The S&P 500, which had been down as much as 0.8% during the session, closed just under the flatline. The Dow Jones Industrial Average and the Nasdaq Composite hovered slightly above breakeven. 

Interest rate sensitive sectors lagged the most, with real estate and utility stocks ending the session lower. The US consumer inflation reading for December showed a slightly bigger jump than expected, as prices ticked up 0.3% month over month and 3.4% year over year. On a “core” basis, which excludes the volatile food and energy categories, inflation rose 3.9% over the past year. The print was seen as critical for traders who have been increasingly pricing in the odds of a “soft landing” — where inflation retreats to 2% without an economic downturn — since the last CPI report.


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