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US stocks expected to open higher ... Images supposedly show bombing of Palmyra ... Suspect in stabbing of OK labor commissioner in court

By The Associated Press | Posted - Aug. 25, 2015 at 6:51 a.m.

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BEIJING (AP) — Global markets are rebounding this morning, after China's central bank cut its key interest rate. It's a move aimed at supporting growth in the world's second-biggest economy. And it came after a 7.6 percent drop in the Shanghai stock index today. The index plummeted 8.5 percent the day before. But European markets have recovered almost all of their Monday losses, with most rising at least 4 percent today. And U.S. stocks are expected to open higher.

GENEVA (AP) — The latest surge of migrants crossing the Balkans has brought a record number to Hungary despite government efforts to quickly build a 13-foot high fence on the Serbian border to stop them. Police data show that nearly 2,100 migrants were detained yesterday, the highest figure so far this year. The U.N.'s refugee agency says soon, some 3,000 people will be crossing Macedonia each day. Record numbers of migrants have been fleeing violence and poverty in countries such as Syria, Afghanistan and Eritrea.

BEIRUT (AP) — The Islamic State group has released propaganda images that supposedly show militants laying explosives in around the 2,000-year-old temple in Syria's ancient city of Palmyra (pahl-MEER'-uh) and then blowing it up. The images were posted on social media by supporters of the group. A resident of Palmyra had told The Associated Press that the temple was destroyed Sunday, a month after it was booby-trapped.

OKLAHOMA CITY (AP) — An Oklahoma man accused of stabbing to death his father at a fast-food restaurant is scheduled to appear before a judge today for a bond hearing. Twenty-six-year-old Christian Costello was arrested on a first-degree murder complaint in the Sunday night stabbing death of Oklahoma Labor Commissioner Mark Costello. Police have interviewed at least 17 witnesses who say they saw Christian Costello stabbing the victim with a knife at the Oklahoma City eatery.

SEA BRIGHT, N.J. (AP) — A 17-year-old open water swimmer from New Jersey has become the first person to swim a course of just over 20 miles through what's known as the New York Bight. Charlotte Samuels or Ridgewood, N.J., began her journey around 7 a.m. Saturday and finished before 5 p.m., swimming from Long Island's Atlantic Beach to the Jersey shore town of Sea Bright in just under 10 hours.

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The Associated Press


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