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The 90th Academy Awards are tonight!Late-night host, Jimmy Kimmel, will once against host the annual awards show at the Dolby Theatre in Hollywood, California -- hopefully with no envelope malfunctions this year.Whether you're watching the show at home or with friends, you can download the official Oscar ballot and make your predictions. View the nominees. 376

TALLAHASSEE, Fla. — The Florida Education Association announced a lawsuit against the state's emergency order that forces districts to physically reopen public schools five days a week in August, despite concerns from parents and educators regarding the spread of COVID-19.The lawsuit was filed Monday in state circuit court in Miami against Gov. DeSantis, Florida Education Commissioner Richard Corcoran, the Florida Board of Education and Miami-Dade mayor Carlos Gimenez.The lawsuit contends that ordering a return to on-site instruction at public schools is a violation of Florida’s Constitution and requests a declaration that the state defendants’ actions and inactions are unconstitutional.The suit also seeks a declaration from the court that the state's demands are "arbitrary and capricious" and seeks to prohibit the enforcement of the order.RELATED: Florida education commissioner calls school reopen lawsuit 'frivolous'The FEA contends the mandate does not allow districts enough time for effective planning, even when it comes to offering distance-learning options."As many districts were preparing to implement hybrid education models and online instruction initiatives, just weeks before the start of the school calendar, they now find themselves forced to crowd millions of students into schools where physical distancing, although critical, becomes virtually impossible," the lawsuit reads.View Lawsuit BelowThe state's largest teachers union also launched a petition to Gov. Ron DeSantis that says the state's students must not return to school campuses until steps are taken to reduce the rate of community spread of COVID-19."The rate of infection is growing at an alarming pace, yet little is being done to slow the spread and even less is being done to support a SAFE return to our schools," the FEA posted on their Facebook page. "We must demand our governor take all necessary steps to slow the infection rate in our state before our children return to brick and mortar schools." 2011

That was fast. Wall Street's enthusiasm for the US-China trade truce has completely vanished.The Dow Jones sunk nearly 800 points on Tuesday, nearly a three percent drop.The S&P 500 declined 2.5%, while the Nasdaq tumbled 3%.Big tech stocks fell sharply. Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL) lost more than 3% apiece.The selloff wipes out Monday's 288-point jump on the Dow. That rally had been fueled by relief over the ceasefire between the United States and China on the trade front.But investors are quickly realizing that the US-China trade war is not over. The tariffs already put in place remain. And new tariffs could be implemented if the two sides fail to make progress."People are still very concerned about the trade war," said Dan Suzuki, portfolio strategist at Richard Bernstein Advisors. "Financial markets are increasingly showing signs of fear of a recession."President Donald Trump did not help Wall Street's trade war worries on Tuesday. Trump said that he would "happily" sign a fair deal with China but also left open the possibility that the talks will fail."President Xi and I want this deal to happen, and it probably will," Trump tweeted. "But if not remember... I am a Tariff Man."Those words aren't likely to bolster confidence among investors already worried about the negative consequences of the trade war. Steel and aluminum tariffs have lifted raw material costs and caused disarray in supply chains. And uncertainty about trade policy makes it very difficult for companies to make investment decisions.Investors have also grown very worried in recent days about fluctuations in the bond market. The gap between short and long-term Treasury rates has narrowed significantly this week. Before almost every recession, the yield curve has inverted, meaning short-term rates are higher than long-term ones.The gap between the 10-year and two-year Treasury yields dropped on Tuesday to the smallest since just before the Great Recession. And the less closely watched gap between three and five-year Treasury yields inverted on Monday.The tightening yield curve reflects fears about a growth slowdown and concerns about whether the Federal Reserve is raising interest rates more quickly than the economy can handle. Fed chief Jerome Powell gave a speech last week that investors interpreted as signaling the central bank could slow its rate hikes. However, there is a debate over whether Powell really was telegraphing a sudden change.Barry Bannister, head of institutional equity strategy at Stifel, predicts the Fed will pause its rate hikes because it has already made monetary policy too tight. He pointed to the slowdown in the housing market caused by higher mortgage rates."It's playing with fire to be too tight and risk an inversion because you don't know what the outcome will be," Bannister told reporters on Tuesday. "Even if the Fed pauses, they may have already done too much."A flattening yield curve and slowing economic growth hurt the profitability of banks.The financial sector was the second-worst performer in the S&P 500 on Tuesday. Bank of America (BAC), Morgan Stanley (MS) Citigroup (C) and Wells Fargo (WFC) declined more than 4% apiece.But Suzuki cautioned that the markets could be overreacting. He pointed to strong corporate profits and the fact that the yield curve has not yet inverted."We don't see signs of an impending recession," Suzuki said. "There is a widening gap between market fear of a deterioration in the fundamentals and the actual fundamentals themselves." 3558

Tax refunds, a lifeline for many Americans to help get caught up on bills, or to buy much-needed items, could once again take some time to reach Americans in 2021.Earlier this year, many tax payers complained about delayed refunds amid the early days of the coronavirus pandemic. The IRS sent many of its employees to work from home, resulting in delays in processing refunds. It was also difficult for many Americans to contact the IRS.Meanwhile, the IRS was processing millions of economic impact payments as most American adults were eligible to receive a ,200 payment from the federal government.The IRS advised tax payers on Tuesday to not rely on a tax refund coming by a certain date.“The IRS always cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or paying bills,” the IRS said on Tuesday. “Some returns may require additional review and processing may take longer. For example, the IRS, along with its partners in the tax industry, continue to strengthen security reviews to help protect against identity theft and refund fraud. Just like last year, refunds for tax returns claiming the Earned Income Tax Credit or Additional Child Tax Credit [lnks.gd], cannot be issued before mid-February. This applies to the entire refund, even the portion not associated with these credits.”The IRS said that the fastest way for tax payers to obtain a refund is to file electronically and request payment via direct deposit.The IRS said that once a tax return is received, Americans can track their refund using the “Where’s My Refund” tool on its website.According to the IRS, the agency issued 122 million refunds for tax year 2019, totaling 2 billion. The average refund was ,704. All told, the IRS processed 253 million tax returns for last year. 1825

TAHOE CITY, Calif. (AP) -- Officials say California's popular Squaw Valley Ski Resort will change its name because the word "squaw" is a derogatory term for Native American women.Ron Cohen, president and COO of Squaw Valley Alpine Meadow, says the decision was reached after consulting with Native American groups and extensive research into the etymology and history of the term "squaw."It derived from the Algonquin language, may have once simply meant "woman," but over generations, the word morphed into a misogynist and racist term to disparage indigenous women.The new name is expected to be announced next year.Squaw Valley Ski Resort was the scene of the 1960 Winter Olympics. 692