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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 road to the White House clearly goes through the state of Michigan as both Joe Biden and Donald Trump have been actively campaigning in the state.Michigan has been a state hard-hit economically in recent years as the once thriving auto industry Nationally, the number of auto jobs has declined amid the pandemic. The auto industry has lost nearly 100,000 jobs this year.At the start of the century, there were more than 1.3 million US auto jobs. When Barack Obama took office, that number had dropped by 50%. During his tenure, the auto industry regained a portion of those jobs lost.But any gains from a revamped trade agreement had yet to be realized in the auto industry based on Bureau of Labor Statistics figures. On Thursday, Joe Biden said in an interview with CNN’s Jake Tapper the new USMCA agreement that replaced NAFTA is an upgrade, but failed to give President Donald Trump for securing the agreement."But look what the overall trade policy has done even with NAFTA. We now have this gigantic deficit in trade with Mexico. Not because NAFTA wasn't made better, because overall trade policy and how he deals with it made everything worse," Biden said.Biden was asked whether Trump should be given credit for the USMCA. Biden said the Obama White House was unable to renegotiate NAFTA because of Congress. For the first two years of the Obama administration, both the House and Senate were held by Democrats.“Because we had a Republican Congress that wouldn't go along with us renegotiating,” Biden told Tapper.In 2008, both Biden and Obama campaigned on changing the US trade agreement between Mexico and Canada. The USMCA, which became effective this year, was amended by Congress, but ultimately won bipartisan support from leaders of both party.The interview with Tapper was taped in Michigan and aired hours before Trump held a campaign rally in the state.On Monday, Trump said, “Biden supported NAFTA. He supported China’s entry into the World Trade Organization. Two disasters. The most disastrous trade deals in history, both of them. I can’t tell you which was worse; they were both terrible.” 2125
The success of a pilot test in a Nebraska county in which all people have the option to vote by mail has spurred the initiative in three more counties there.Turnout in Garden County for the May 15, 2018 primary, with an all-mail vote option, was more than 58 percent.Now, Dawes, Merrick and Morrill counties in Nebraska have been approved for all-mail voting for the election slated for next month, according to the Lincoln Journal Star.Factors that may keep people from going to physical polls include site accessibility, amount of poll workers available from three political parties and community feedback, the Associated Press reports.According to the National Conference of State Legislatures, at least 22 states have provisions allowing some elections to be done by all-mail voting. Three entire states — Colorado, Washington and Oregon — provide all-mail voting.In the 2014 election in Colorado, the vote-at-home option increased turnout by 3.3 percent, research shows. It was up among people with a history of low turnout.Vote-by-mail 1059
The United States Consumer Product Safety Commission has issued a massive fire extinguisher recall that spans over 40 years and covers more than 120 models of fire extinguishers.According to the CPSC, it involves two styles of Kidde fire extinguishers: Plastic handle fire extinguishers and push button fire extinguishers. They may fail to discharge and the nozzle may detach.The 134 models were manufactured between Jan. 1, 1973 and Aug. 15, 2017, and includes models that have been previously recalled in March 2009 and February 2015.They were sold in red, white and silver and are either ABC- or BC-rated.According to the CPSC, there has been one death reported due to the recall. In 2014 emergency responders could not get the fire extinguishers to work during a car fire. There have also been 391 reports of failed or limited activation nozzle detachment, 16 injuries and 91 reports of property damage.They were sold at Menards, Montgomery Ward, Sears, The Home Depot, Walmart and other department, home and hardware stores across the country, and at Amazon.com.Consumers should contact Kidde to request a free replacement fire extinguisher.View the list of affected product codes below or by clicking here 1234
The resilience of the students and staff at Marjory Stoneman Douglas High School is obvious. They've resumed classes, and their lives, on a campus where 17 of fellow students and teachers were killed in a mass shooting just over a month ago.And now, they'll turn what's normally a private chronicle of high school life -- a yearbook -- into a public testament to pain and perseverance.For the first time, the high school's yearbook is being made available nationally for purchase. In it, the yearbook staff weave a powerful tale of Marjory Stoneman Douglas' strength and resolve, for the whole world to see."We're still here. We still have games going on. We're still making the yearbook. There's still going to be prom," yearbook adviser Sarah Lerner said in a blog post for Walsworth Yearbooks. "We're a very strong community and we're not letting this stop us."Lerner said at first she was hesitant to share the upcoming yearbook, The Aerie, with the public, because there are student pictures and personal stories in it. But she ultimately decided that opening up the yearbook to people outside the school would let them see how much pride the students have in their school."I hope they see how hard the kids have worked and how much love has gone into this book," Lerner said. "I hope that they see all of the wonderful things that we do here, before the (shooting) and since."'It's our story'The Aerie will include coverage of the shooting, pictures from vigils and memorials, a story on students dyeing their hair in honor of the victims, pieces on the surviving students' political activism and highlights from the week they returned to the school.In a special section, each of the mass shooting's 17 victims will be profiled."We have a story to tell and it's our story. No one else will tell it better than we will, because we lived it," Lerner said.People interested in buying a copy of the yearbook can go to yearbookforever.com to place an order. 1966