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Police Report Man Pushed onto Subway Tracks Resulting in Fatal Train Accident

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A tragic incident unfolded at a subway station in East Harlem, where a 24-year-old man was arrested and charged with murder for pushing another man onto the subway tracks, leading to his death. The suspect, Carlton Mcpherson, reportedly carried out the unprovoked attack at the 125th Street and Lexington Avenue station, resulting in the victim being struck by an oncoming No. 4 train. Despite efforts by the conductor, the train could not be stopped in time to prevent the tragedy.

As of Tuesday morning, the police had not yet identified the victim. However, a senior law enforcement official disclosed that the assailant had a history of mental illness and multiple arrests in Brooklyn dating back to his teenage years. The incident left a somber atmosphere at the station, with a heightened police presence to ensure the safety of commuters.

The harrowing event has reignited concerns about safety and security in the New York City subway system. Following a series of violent incidents, including a recent shooting on the A train, Governor Kathy Hochul deployed the National Guard and State Police to enhance security measures and alleviate public fears. The announcement of additional police officers being dispatched to address fare evasion further underscored the law enforcement’s commitment to maintaining order in the subway.

Amidst the tragic event, eyewitnesses and residents expressed a mix of emotions ranging from fear to frustration. Commuters like Ray Velez voiced concerns about the escalating violence and presence of individuals grappling with mental health issues on the subways. Others, such as Geri Tolentino, shared their vigilance in navigating the station amid the backdrop of prevalent crime and social challenges surrounding addiction, homelessness, and mental illness.

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The incident serves as a stark reminder of the inherent risks faced by subway riders, especially in light of past incidents where individuals were pushed onto the tracks with fatal consequences. The community remains on edge, grappling with the aftermath of senseless acts of violence that have deeply impacted individuals and their loved ones. As New Yorkers continue to navigate the complexities of urban life, the need for comprehensive safety measures and support for vulnerable populations remains a pressing priority for the city.

In conclusion, the tragic death of an individual pushed onto subway tracks in East Harlem highlights the urgent need for continued vigilance, support, and intervention to prevent such senseless acts of violence. The incident serves as a sobering reminder of the challenges faced by urban communities and the imperative of fostering a safe and inclusive environment for all individuals in public spaces. As authorities work to address safety concerns and enhance security measures, it is crucial for collective efforts to address underlying social issues and promote community resilience in the face of adversity.

Byline: Andy Newman, Hurubie Meko, and Karla Marie Sanford contributed to this report.

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Is now the right time to invest in gold as prices have cooled?

Now may be the time to buy gold following a recent lull in its price.

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The price of gold has climbed to record highs recently and has remained strong through much of April. And, that growth continued until the precious metal traded at around $2,390 per ounce on April 19, 2024. But since, growth in the price of the precious metal has cooled, with gold’s price now hovering around $2,300 per ounce.

This lull in gold’s price may represent an investment opportunity.

In general, investing is centered around buying assets when prices are low and selling them when prices are high – generating a profit on the difference between the two. So, considering the declines in gold’s price over the past few days, now may be the time to make your investment. But is buying gold during this lull in prices really a good idea?

Compare your gold investment options among leading brokers now.

Gold prices have cooled. Should you buy in now?

With gold’s price down from recent highs, you may be wondering if now is the right time to buy in. There are several reasons the dip in gold’s price may represent an opportunity to buy. Here are some of the biggest:

Prices may rise again

If looking at a gold price chart shows anything for certain, it shows that changes in the overall growth of the medal come in fits and spurts. Periods of price growth are typically followed by periods of declines and vice versa.

But with inflation rising in recent months – and with gold’s reputation as a safe-haven asset that can hedge against inflation – it only makes sense that the price of the precious metal will eventually start to head up again in the future. While attempting to time that directional change may be tricky, buying the precious metal while the price is down gives you the opportunity to take advantage of any upward movement that may be ahead.

Add gold to your portfolio now before prices have a chance to rise.

You may be able to make a quick profit

Gold isn’t known as an asset in which you can earn a quick return, but in today’s market, that may be the case. Don’t forget that in January, gold was trading at just $2,000 per ounce. And, by mid-April, the commodity’s price had climbed to around $2,400 per ounce. That’s about 20% growth in a matter of months, much of which happened since March 1 – an impressive climb for any investment asset.

Perhaps more importantly, gold’s price growth through the beginning of 2024 shows that the commodity doesn’t have to be a buy and hold style investment that you keep in a safety deposit box or precious metal depository for years to come. There’s also the possibility that the commodity’s price could climb further ahead, making it a compelling way to potentially generate a quick profit.

There are other benefits of investing in gold

There are other benefits of investing in gold that have little to do with the price growth seen thus far in 2024 – or the lull in prices seen over the past couple of days. Those benefits include:

Inflation protection: Gold has long been considered an inflation hedge, and for good reason. When inflation drives the prices of consumer goods and services up – and the value of the dollar down – gold’s price tends to rise. So, it could be used to maintain the value of your portfolio during inflationary economic conditions. That’s important in today’s economic environment as stubborn inflation continues to weigh on the value of the dollar.
Portfolio diversification: Gold’s price doesn’t always move in the same pattern that bonds or stocks do. So, mixing a reasonable amount of gold into your portfolio (up to 10% of your portfolio assets) as a diversifier could protect you from losses should one or more of your traditional portfolio assets fall in value. “If you have less than 5% – 10% of your net worth in commodities & FX (forex), you should absolutely consider adding exposure to gold and other precious metals,” says Vijay Marolia, money manager and managing partner at the wealth management firm, Regal Point Capital.

The bottom line

Gold’s price has fallen from recent highs – which may represent an opportunity to tap into growth ahead. However, gold isn’t simply a “buy while it’s low and sell while it’s a high” kind of investment opportunity. The commodity can also protect your portfolio from the stubborn inflation we’ve seen thus far in 2024 while acting as a diversification tool that could increase your risk-adjusted portfolio returns. So, consider adding gold to your portfolio today while it has the potential to grow in value.

Joshua Rodriguez

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he’s not working, he enjoys time with his wife, two kids, two dogs and two ducks.