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Tennis star Venus Williams has reached a settlement in the wrongful death suit centered around a fatal car accident, according to court documents.The accident, in which the other driver's Hyundai Accent crashed into Williams' Toyota Sequoia, resulted in the death of Jerome Barson two weeks later. His wife, Linda, was driving and was injured when the crash happened at an intersection in Palm Beach Gardens.Court filings from last week show that the case was dismissed with prejudice after a settlement was reached between Williams and Barson's estate, but the settlement amount was not listed.No charges were filed against the tennis star and a second driver over the crash in June 2017, Florida authorities said.An investigation supported by video surveillance showed Williams did not violate the other driver's right of way, the Palm Beach Gardens Police said in an investigative report obtained by CNN affiliate WPBF."Based upon this investigation and relevant Florida state statutes, no charges will be filed in this case," the report said. 1054
Stevie Wonder has joined Twitter and his first tweet did not disappoint.The Grammy-winning superstar paid tribute to Dr. Martin Luther King on Wednesday in his inaugural tweet posted shortly after 8 p.m. ET. The timing of the tweet appears to coincide with the moment the civil rights leader was pronounced dead fifty years ago.The tweet came with a star-studded video in which the Obamas and celebrities such as Common, Bette Midler, and Billy Crystal talked about their own dreams -- a nod to King's famous "I Have A Dream" speech. King delivered the speech five years before he was assassinated in Memphis."On April 4th, 1968 at 7:05 p.m. central time, Dr. King's life was cut tragically short. 50 years later a need for his dream to be fulfilled is far greater than ever," Wonder tweeted on Wednesday. "Share your dream & post your own #DreamStillLives video. Spread love...spread hope."Wonder called in a host of famous friends from politics, sports, business, music and entertainment to help him with the video tribute. Kamala Harris, Dave Chappelle, Warren Buffett, Bon Jovi, Katy Perry, Serena Williams and Smokey Robinson also made appearances in the five-minute video. 1190

Stock market volatility is back in a big way: The Dow is set for a big rally Friday after a two-day meltdown.Dow futures pointed to a 350-point jump at the open. The Dow lost 1,378 points over Wednesday and Thursday.The broader S&P 500 also looked like it would rally, with futures about 0.9% higher. The Nasdaq, which has taken the brunt of the recent stock market turbulence, was set to rise 1.5%.Why are markets suddenly bouncing back? News late Thursday that President Donald Trump would meet next month with Chinese leader Xi Jinping at the G-20 summit eased some of investors' fears about another trade war escalation. On Friday, China reported its exports rose nearly 15% in September, stronger than expected. That suggests China is weathering the first waves of new tariffs that the Trump administration imposed on billion of Chinese exports this summerEarnings season also kicked off Friday morning, with JPMorgan (JPM) and Citigroup (C) reporting their quarterly finances before the bell. Wall Street analysts expected banks to post another incredibly profitable quarter — and JPMorgan managed to beat their already lofty expectations.In times of market turbulence, there's nothing like soaring profits to calm investors' nerves.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear that tech companies may not hold up well in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.But Big Tech on Friday looked to regain some of their losses. Facebook (FB) rose 1%, Amazon (AMZN) was up 3%, Apple (AAPL) rose 2%, Netflix (NFLX) was up 4% and Google (GOOGL) bounced back 2%.Asian and European markets also came back Friday. The Hang Seng soared 2.2%. Stocks in Shanghai rose 0.9% and the Nikkei rose 0.5%. Stocks in London, Germany and France all rose about a half percentage point.Stocks had turned sharply south over the past week because investors are concerned about rising interest rates. As the Federal Reserve raises rates to keep the economy from overheating, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits.The VIX volatility index touched its highest level since February.The-CNN-Wire 2531
Teachers across the U.S. have had to educate in completely new and challenging ways this year, with some teaching in-person and others instructing from home.“Right now, they are being asked to do the unimaginable and the impossible,” said shea martin, a former educator. “Whether that is teaching in-person during the pandemic or trying to navigate teaching at home with limited resources.”martin left teaching before the pandemic because of the demands and pressures placed on teachers even then. martin simply couldn’t imagine teaching now, with the additional load teachers are being asked to carry. Recently, though, martin created The Anonymous Teachers Speak Project, a blog allowing current educators an online platform to freely speak about what they are going through.“A lot of teachers work in districts and working spaces where they are under contract and cannot share or publicly talk about what is happening with them,” said martin. “That’s an extra burden they have to carry.”With anonymity, roughly 1,000 teachers have posted and participated in the project.“I think that I have read and seen some of the most heartbreaking stuff I have ever seen in my life,” added martin.Many teachers from around the country have posted to the project, writing about safety concerns while teaching, being overworked and over-worried about their students. Some even write about coming to terms with leaving the profession.“Teachers are crying out for help and the profession, and the district, and the schools, and the structures, are ignoring them,” said martin. “I hope it doesn’t happen, but I think we are going to lose a whole generation of teachers.”According to a report recently released by Horace Mann, a company focused on investing and insurance for educators, 27 percent of teachers surveyed--or more than 1 in 4 teachers--are currently considering quitting.“The fact that a quarter of teachers are considering leaving and the fact that there is already a shortage of teachers in the profession, just really make that even more so magnified,” said Tyson Sanders, who is with Mann. “Three out of four teachers are not living comfortably, so if there is an opportunity to be involved in the profession they are so passionate about and continue to help students, I think it is something they will certainly explore.”That seems to be exactly what is happening, especially with teachers overwhelmed in the public-school space. More and more educators are starting to turn to online teaching opportunities with private companies. They’re given more flexible schedules and the pay is often better.“It’s sad because I wish that our government and our system could figure out a way to adequately compensate and appreciate and take care of our students and teachers the way that they should be,” said martinHowever, 1 in 4 teachers haven’t left yet, so maybe there is still a way to prevent such a loss of educators.Editor's note: This story has been updated to reflect how shea martin spells their name, in lowercase letters. 3037
Tens of thousands of people turn to Google every month to see if now is the time to invest. It’s a loaded question, especially this year: In late February 2020, the S&P 500 began a monthlong decline, finding what investors hope was the pandemic floor on March 23.Historically, it has taken an average of about two years for the market to recover from a crash; this time, it bounced back in just 149 days. By the end of August, the index was once again hitting record highs.Stranger still, this unprecedented recovery came amid dour headlines, with U.S. unemployment hitting an all-time high in April and remaining above 10% through July.Between the stock market’s erratic behavior and economic uncertainty across the globe, investors are understandably wary. But that shouldn’t mean sitting out of the market.Understanding the Main Street-Wall Street disparityThe market’s recovery is clearly at odds with the U.S. economy. But a closer look shows this imbalance may not be as perplexing as it seems.The stock market reflects investor sentiment about the future, not what’s happening right now. While retail investors may be more inclined to buy and sell based on daily headlines, institutional investors are looking far ahead. And given the rapid market recovery (and the expectation of continued help from the Federal Reserve), it appears Wall Street isn’t spooked.The S&P 500 is also market cap-weighted, meaning larger companies will have a bigger impact on its performance (see how the S&P 500 works to learn more about this). The five largest companies in the index (Apple, Microsoft, Amazon, Facebook and Google’s parent company Alphabet) are in tech, an industry that hasn’t been hit as hard by COVID-19. The tech-driven recovery helped push the S&P 500 to its record high, despite the ongoing economic issues caused by the pandemic.And then there are the high hopes for an eventual vaccine. According to Robert M. Wyrick Jr., managing member and chief investment officer of Post Oak Private Wealth Advisors in Houston, investors may be betting on the belief that a coronavirus vaccine will be produced sooner rather than later. If and when a viable vaccine is broadly available, it’s likely to be a big driver of continued growth in the markets.“While this is likely already priced into the market to some degree, I would prefer not to be on the sidelines when this ultimately happens,” says Wyrick, whose firm specializes in advanced risk-managed investing.Timing the market vs. time in the marketAccording to Marguerita Cheng, a certified financial planner and CEO of Blue Ocean Global Wealth in Gaithersburg, Maryland, when you start investing isn’t as important as how long you stay invested. And that’s a maxim to remember in a pandemic, too.“The best way to build wealth is to stay invested, but I know that can be challenging,” Cheng says in an email interview.It’s easier if you invest only for long-term goals. Don’t invest money you may need in the next five years, as it’s highly possible the stock or mutual fund you purchase will drop in value in the short term. If you need those funds for a large purchase or emergency, you may have to sell your investment before it has a chance to bounce back, resulting in a loss.But if you’re investing for the long term, those short-term drops aren’t of much concern to you. It’s the compounding gains over time that will help you hit your retirement or long-term financial goals. (See how compounding gains work with this investment calculator.)The water’s fine, but wade in slowlyOne of the best strategies to remain calm and stay invested during periods of volatility is a technique known as dollar-cost averaging.Through this approach, you invest a specific dollar amount at regular intervals, say once or twice a month, rather than trying to time the market. In doing so, you’re buying in at various prices that, in theory, average out over time.Wyrick notes this is also an excellent strategy for first-time investors looking to enter the market during times of uncertainty.“It’s very difficult to time when to get into the market, and so there’s no time like the present,” Wyrick says. “I wouldn’t go all-in at once, but I think waiting around to see what happens to the economy or what happens to the market in the next three, six or nine months in most cases ends up being a fool’s errand.”So how, exactly, do you start dollar-cost averaging into the market? A common strategy is to pair this with stock funds, such as exchange-traded funds. ETFs bundle many different stocks together, letting you get exposure to all of them through a single investment. For example, if you were to invest in an S&P 500 ETF, you would have a stake in every company listed in the index. Rather than investing all your money in a few individual stocks, ETFs help you quickly build a well-diversified portfolio.To dollar-cost average you could set up automatic monthly (or weekly, or biweekly) investments into an ETF through your online brokerage account or retirement account. Through this approach, you would achieve the benefits of dollar-cost averaging and diversification, all through a hands-off strategy designed for building long-term wealth.More From NerdWallet5 Things to Know About Gold’s Record-Breaking RunNew Investors: Quit Stock-Picking and Do This, Expert Says6 Ways Your Investments Can Fund Racial JusticeChris Davis is a writer at NerdWallet. Email: cdavis@nerdwallet.com.The article In a Year of Uncertainty, Should You Still Buy Stocks? originally appeared on NerdWallet. 5570
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