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The Santa Ana Zoo is providing shelter for about 150 animals from Orange County Zoo in Irvine Regional Park that were evacuated on Oct. 26 because of the Silverado and Blue Ridge wildfires. #CityofSantaAna @SantaAnaZoo @SantaAnaParks #silveradocanyonfire #BlueRidgeFire pic.twitter.com/qb0ZDQ83ck— City of Santa Ana (@CityofSantaAna) October 27, 2020 358

The unemployment rate has dipped below 4 percent for the first time since 2000.The United States added 164,000 jobs in April, the Labor Department reported Friday. That was slightly below what economists expected. Unemployment dropped to 3.9 percent, the lowest since December 2000."The employment situation continues to surprise everyone," said Robert Frick, chief economist with Navy Federal Credit Union. "Getting down to 3.9 is quite a marker."Wages grew 2.6 percent from a year earlier. That was also slightly below expectations.The report indicates another month of solid job growth for an economy that has been expanding for almost nine years — the second-longest streak on record.Hiring gains in April were broad. Professional and business services added 54,000 jobs, health care added 24,000, and manufacturing posted an increase of 24,000 jobs.The mining sector added 8,000 jobs, extending its gains. Employment in mining has risen by 86,000 since October 2016.The wage growth number seemed unlikely to alarm Wall Street, which has been worried in recent months about inflation. Stock futures were little changed after the report came out.Inflation is closing in on the Federal Reserve's 2% target, gasoline is heading toward a gallon, and companies are reporting cost pressures. Faster inflation could force the Federal Reserve to raise interest rates more quickly than planned.Frick believes unemployment will keep falling as businesses offer more attractive wages and benefits to fill openings."There's still hundreds of thousands of more people who will enter the workforce," he said. "I think we can get down to 3.5 percent."If unemployment falls much further, it will reach territory not seen in half a century. Unemployment fell as low as 3.8 percent in April 2000, in the waning days of the technology boom. The last time it was lower than that was 1969. 1898

The Senate Judiciary Committee will hold confirmation hearings for Judge Amy Coney Barrett, President Donald Trump’s Supreme Court nominee, the week of Oct. 12. That’s according to three people familiar with the schedule.The panel plans to start the hearing with opening statements on Monday, Oct. 12, and continue with two days of questioning. The hearings are scheduled to end on Thursday, Oct. 15 with statements from outside groups.The people were granted anonymity to discuss the schedule before it is officially announced.The hearings will come less than a month from the Nov. 3 presidential election. Senate Majority Leader Mitch McConnell has not yet said whether the Senate will vote to confirm Barrett before the election, but Republicans are privately aiming for a late October confirmation vote.Barrett would replace Ruth Bader Ginsburg, who died Sept. 18.Here's what's next for Supreme Court Justice Nominee Amy Coney Barrett. 948

The stomach-churning market scare continues.The Dow tumbled 546 points, or 2.1%, on Thursday following another rollercoaster session. The index briefly turned positive during morning trading before succumbing to heavy selling pressure. At one point the Dow was down 699 points. The Dow has shed 1,378 points over the past two days.The mood on Wall Street was only slightly calmer than Wednesday's 832-point nosedive.The S&P 500 closed down 2.1%, notching its sixth-straight losing session. It's the longest slump for the broad index since just prior to President Donald Trump's election more than two years ago.The Nasdaq briefly tumbled into a correction, signaling a 10% decline from previous highs. But the index climbed out of correction territory and closed down 1.3%.All three major indexes have lost more than 5% this week. That hasn't happened since March."This kind of washout doesn't get accomplished in a day. Even though yesterday felt traumatic, it tends to be a three-day process," said Art Hogan, chief market strategist at B. Riley FBR.The VIX volatility index touched its highest level since February.One positive is that unlike on Wednesday, the market did not close on the lows of the day. The rebound was helped by fresh?reports that President Donald Trump and Chinese leader Xi Jinping have agreed to meet next month at the G-20 summit. Such a meeting could ease fears that the US-China trade war will hurt corporate profits and slow the US economy.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear how these momentum names will hold up in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday."Halloween started early this month for investors," Ed Yardeni, president of investment advisory firm Yardeni Research, wrote to clients.The afternoon sell-off comes even though a new report showed that consumer prices rose less than expected in September.Stocks have turned sharply south in large part because investors are concerned about rising interest rates. As the Federal Reserve raises rates to prevent runaway inflation, 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. 2551

The Secret Service arrested a man near the White House on Monday, after they had been told to be on the lookout for a man who allegedly threatened to kill "all white police" there.Monday afternoon, police in Montgomery County, Maryland, alerted the US Secret Service that the man planned to go to Washington with the purpose of killing officers at the White House, according to a USSS statement. About an hour later, Secret Service officers spotted him on Pennsylvania Avenue near Lafayette Park, according to the statement. He was arrested without incident. Officials say charges are pending.The Secret Service's protective intelligence division was notified at about 2:55 p.m. ET to be on the lookout for Michael Arega of Dallas, who the Montgomery County Maryland Police Department said was heading to Washington for the purpose of killing "all white police" at the White House, according to the statement. The Secret Service spotted him at approximately 4:05 p.m. ET.He was "immediately detained by Secret Service Uniformed Division Officers and subsequently arrested without incident," according to the statement. 1126

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