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The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight. The S&P 500 fell 1.9% Monday, deepening its losses from last week. Stocks of companies that need the virus to abate and the economy to return to normal had some of the biggest losses. Cruise lines and airlines fell sharply. Energy stocks also dropped in tandem with crude oil prices. In another sign of caution, Treasury yields pulled back after touching their highest level since June last week. Overseas markets also fell.The drop in stock value came as coronavirus cases reached peak levels in the US over the weekend, while White House chief of staff Mark Meadows proclaimed that the US would be unable to contain the spread of the virus. 788
The Wounded Warrior Project has released its 2017 survey results. The organization says the survey was completed by 34,000 veterans this year. The results showed that more injured veterans are trusting the Department of Veterans Affairs for health care concerns.The results also showed that more warriors are gainfully employed than in past years.Below are some of the challenges faced by veterans who were surveyed. 445
The Washington Post says Saudi Arabia's announcement about the death of contributing columnist Jamal Khashoggi is not an explanation at all, but a "coverup."And the Post is putting even more pressure on President Trump, the U.S. Congress and other countries to hold the Saudis accountable."The Saudis cannot be allowed to fabricate a face-saving solution to an atrocity that appears to have been directed by the highest levels of their government," Post publisher and CEO Fred Ryan said.Saturday's message from Ryan is the latest in a series of strong statements from the paper.Ever since Khashoggi was reported missing on October 2, the Post has been lobbying for information about his whereabouts and justice for his death in the Saudi consulate in Istanbul.The paper, which is owned by Amazon CEO Jeff Bezos, has put its full weight behind the Khashoggi case. 870
The shortest day in what feels like the longest year has arrived. Monday is the Winter Solstice, the day each year when there is the least amount of sunshine in the Northern Hemisphere.The Winter Solstice is the official first day of winter, which lasts until March 20, 2021. It’s when the sun appears at its most southern position in the sky.If it has felt like the world has been getting darker and darker the last six months, that’s because it kind of has been. As the sun spent less and less time shining on the Northern Hemisphere.The closer a person is to the North Pole, the less time they will see the sun. People in Nome, Alaska will only have roughly 3 hours and 54 minutes of sunshine on Monday.There will now begin to be slightly more daylight each day until the Summer Solstice, which is on June 20, 2021.In the Southern Hemisphere, it’s the opposite: it’s the day each year with the most sunshine and marks the beginning of summer in places like Australia, Argentina and South Africa.Many traditional celebrations on the solstice were canceled this year because of the coronavirus pandemic. Including at the world famous Stonehenge, where there is usually a large annual celebration on the solstices. 1222
The Russian embassy in Washington asked its Twitter followers to vote for which US consulate they'd like to see shuttered Monday, after the Trump administration announced it would close down the Russian consulate in Seattle and expel 60 alleged spies throughout the country.In the poll, they offer the three US consulate locations in Russia as options: St. Petersburg, Vladivostok and Yekaterinburg.The US decided to shut down the Seattle consulate because of its proximity to a submarine base, senior administration officials said Monday, and expel the diplomats for "aggressive" intelligence collection. The move is part of an international effort to punish Russia's government for the alleged poisoning of a former Russian spy and his daughter in Great Britain. 772