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The Dow fell 460 points Friday as a leading indicator of a US recession and concern about a global slowdown spooked investors.The index shed 1.8%, while the S&P 500 closed down 1.9%. The Nasdaq plunged 2.5%. It was the worst performance for all three major indexes since January 3.The yield on 3-month Treasuries rose above the rate on 10-year Treasuries for the first time since 2007 — a shift that scared Wall Street. Investors have piled back into stocks after a sell-off in late 2018.The flattening yield curve, or the difference between short- and long-term rates, has worried investors for months. A narrowing spread is typically seen as sign that long-term confidence in the economy is waning, which could signal an eventual economic contraction.Friday's flip added to pressure on the Dow that was building before US markets opened.The index stumbled at the bell on poor manufacturing data from Germany, which also spelled trouble for the country's bond market. The yield on Germany's benchmark 10-year government bond fell below zero for the first time since October 2016.All of that news is fueling Wall Street's ongoing concerns about slowing global growth.White House economic adviser Larry Kudlow told CNBC last year that the spread between 3-month and 10-year Treasury yields was important to watch."It's actually not 10s to 2s; it's 10s to 3-month Treasury bills," Kudlow 1402

The Apple product surprises keep rolling out this week.For the third day in a row, the iPhone maker quietly launched new gadgets ahead of a press event scheduled for Monday that will likely focus on the launch of its rumored streaming service.The company announced Wednesday its next-generation wireless earbuds. The new AirPods feature a wireless charging case, improved battery life and hands-free access to its Siri voice assistant.The set will be available in two options: with a wireless charging case for 9 or with the normal standard case for 9 -- the same price as the original AirPods.The wireless charging case is also available for for people with the original version of AirPods.The new AirPods feature Apple's new H1 chip, which the company says gives better performance, faster connect times and up to 50% more talk time than the original AirPods. Users can also now say "Hey Siri" to activate the voice assistant, rather than tapping one of the ear buds.The new set can be purchased online starting Wednesday and will hit Apple Stores next week.On Tuesday, Apple unveiled a refresh to its 1126

The Jersey City Fire Department honored Friday a man who spent more than five decades helping the on-duty firefighters after being saved from a fire at 10 years old.Gregory Greene, 65, was rescued from a fire at his home as a 10-year-old boy. Afterward, his father took him by the firehouse for Engine 20, Ladder 5, the unit that responded to his house fire. He then spent nearly every day helping with chores and visiting the firefighters at the firehouse, 470

The CDC said Friday that no one e-cigarette or vaping product has led to an outbreak of a severe lung disease that is sickening users across the country.According to a CDC press release,215 e-cigarette and vape users in 25 states have been sicked by a serious lung disease since August. That number does not include cases still under investigation.At least three people have died as a result of the disease.The Washington Post reports that there have been 450 cases of serious lung disease in 33 states, dating back to early summer.The CDC reported Friday that of all those sickened by the lung disease, many — but not all — reported using vape products containing THC. The agency did note that there were also some reports of patients using both THC and nicotine products, and a smaller group of patients that were only using nicotine products.The CDC's update came a day after the New York State Department of Health said it believes 949

The FBI has reached out to Sen. Richard Burr about his sale of stocks before the coronavirus caused markets to plummet. That's according to a person familiar with the matter who was not authorized to discuss it and spoke on condition of anonymity. The outreach suggests the Justice Department may be looking to determine whether Burr exploited advance information when he dumped as much as .7 million in stocks in the days before the coronavirus wreaked havoc on the economy. Burr has denied wrongdoing but has also requested an ethics review of the stock sales. 576

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