Breaking News

US officials say Iran deal calls for diluting uranium at minimum, waiving sanctions, opening strait

WASHINGTON (AP) — A draft agreement by the United States and Iran calls for Tehran to, at a minimum, dilute its stockpile of highly enriched uranium and would waive but not permanently end sanctions on the country, according to U.S. officials who read the language of the memorandum on ending the war to journalists. The agreement would also open the Strait of Hormuz toll-free for two months and affirm a commitment to Lebanon's territorial integrity in the face of Israel's invasion against the Hezbollah militant group. U.S. officials dictated the language to journalists Wednesday ...

US stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve

NEW YORK (AP) — U.S. stocks slumped Wednesday on speculation the Federal Reserve may hike interest rates this year to keep a lid on inflation. Higher rates can tap the brakes on accelerating prices at cash registers, but they also slow the economy and hurt prices for investments. The S&P 500 dropped 1.2% and erased an earlier, modest gain after the Fed released projections showing that nine of 18 policymakers foresee at least one increase to its main interest rate this year. The Dow Jones Industrial Average went from a gain of 280 points in the morning to a drop of 507 points, or 1%, ...

Crime

MARSHALL — A hit and run incident reported at 4:52 p.m. Tuesday on the 500 block of South Minnesota Highway 23 is under investigation, Marshall Police said. Accidents BALATON — A 53-year-old woman and a 30-year-old woman were involved in a two-vehicle crash at 8:31 a.m. Tuesday at the intersection of Lyon County Road 7 and Lyon County Road 2, the Lyon County Sheriff’s Office said. No injuries were reported, the Sheriff’s Office said.

Lyon Co. awards housing aid to area projects

MARSHALL — Earlier this month, Lyon County commissioners heard three different proposals to help with housing needs in the county. On Tuesday, commissioners decided to distribute state affordable housing aid dollars to all three. Commissioners approved a proposal that would distribute $150,000 to Habitat for Humanity, $50,000 to United Community Action Partnership for homelessness prevention, and about $107,000 to Tapestry Companies, which has made multiple tries to get financing to build affordable housing in Marshall. In agenda materials for Tuesday’s commissioner meeting, Lyon ...