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Sharp drops in Apple, Facebook and other big technology companies ended a miserable week on Wall Street on another sour note. The S&P 500 gave back 1.2%, sealing back-to-back weekly losses and the second straight losing month for the benchmark index since March. Surging coronavirus cases in the U.S. and Europe have spooked investors into dumping riskier assets. Washington's failure to deliver badly needed aid to the recession-struck economy and uncertainty about the presidential election have also cast a pall on markets. The drops in several high-flying Big Tech stocks came after those companies issued uncertain outlooks for the future.On Friday, the number of coronavirus cases in the US rose to 9 million since the start of the pandemic. Many states are seeing record levels of cases and hospitalizations associated with the virus. 854

SORRENTO VALLEY, Calif., (KGTV) — You pinched yourself. It's not a dream. You just won the 0 million Mega Millions Lottery. Now what?"From a financial standpoint they are set," financial planner, Dennis Brewster said. "That's generational money. They should be set for several generations."But Brewster says that's only if you're smart. To get started, he suggests finding inspiration from within. "What is it that they want to do? They are going to get tugged in a lot of different directions," Brewster said. "Everybody is going to tell them to do this, or you should do that. I think that's the hard part. It's going to be hard to say 'no.'"In California, names of winners are made public. That means privacy may become an issue. "Get a new phone, a new address they're probably going to need a lot of things. That's going to be a challenge," Brewster said. So if some distant uncle from your mother's side who you never met, but kind of heard about, suddenly calls you to say they love you, you need to set some boundaries. "At some point, you're going to have to say no," Brewster said. "And maybe they're going to have to get a buffer between themselves and someone else that handles that for them."Brewster says that could be an attorney or a financial planner — someone they completely trust. Next, will you splurge? Remember, there is always a limit."We don't want this to be an unhappy ending. They are so fortunate. Do what you need to do initially, maybe get that out of your system, but then draw a line somewhere," Brewster said. Will you give to charity or make investments? Whatever it is, do your homework and pay your taxes."There are tax-free bonds, for example, where everything is tax exempt," Brewster said. "But don't try to avoid taxes. You want to do what you can and be smart too. Don't get too complicated, trying to avoid something and then create a much bigger problem."The last piece of advice? Brewster says don't let your 15 minutes of fame destroy you."It's that double-edged sword that you're almost trapped by your own fame and fortune, and hopefully that won't happen."Our local jackpot winner has a year to claim their wins, but only 60 days to choose the 5.2 million lump-sum cash option. 2241

Six people have been arrested after Saturday's apparent assassination attempt on President Nicolas Maduro in the Venezuelan capital of Caracas, the nation's interior minister said on national TV.Maduro survived the assault after several drones armed with explosives flew toward him during a speech at a military parade, an attack he blamed on far-right elements and Colombia's outgoing president, Juan Manuel Santos.Those arrested are accused of "terrorism and assassination," Interior Minister Nestor Reverol said Sunday.Reverol said one of the detained had an outstanding arrest warrant for his alleged role in the August 2017 attack on a military base in Valencia. 675

She's a policy adviser bearing sensitive new details on sanctions to the South Koreans. She's a loyal family member who won't entertain questions about her father's purported infidelities. And she's a US figurehead bearing goodwill at an international sporting event.But inside the White House, Ivanka Trump's unique stature -- along with that of her husband, Jared Kushner -- is causing tension. Some of their colleagues chafe at the pair's favorable standing, and the boss, chief of staff John Kelly, has worked to instill a military-style hierarchy to the West Wing.Just as Kushner's struggles to obtain a permanent security clearance have highlighted his unusual position in the administration, Ivanka Trump's visit this week to South Korea -- her highest-profile solo trip yet -- underscored the unavoidable conflict she juggles. Not since she temporarily filled her father's seat at the G20 summit last year in Germany -- stirring external criticism -- has she taken such a high-profile assignment.  1018

So many people have expressed an interest in attending President Donald Trump’s rally Saturday in Tulsa, Oklahoma, that the governor said he’s asked the campaign to consider a larger, outdoor venue to accommodate them.Gov. Kevin Stitt said Monday after talking with Trump and Vice President Mike Pence that nearly one million people have requested tickets to the event. Some Trump supporters have already started waiting in line outside the 19,000-seat BOK Center in downtown Tulsa.“We’re excited we’re being recognized as one of the first states to safely and measurably reopen,” Stitt told reporters Monday. “I’m looking for a potential other venue that maybe we could move it outside. It’s still kind of in the works.”Stitt, who plans to introduce Trump at Saturday’s rally, said he also asked Trump and Pence to join him on a tour of the city’s Greenwood District, once home to a prosperous African American community dubbed Black Wall Street that was burned to the ground during a racially motivated massacre in 1921 that left as many as 300 people dead.The Trump campaign initially planned to hold the rally on Friday, which is Juneteenth, a celebration of the end of slavery in the United States, but agreed to move the date to Saturday at the request of Stitt and others.The Trump campaign didn’t immediately respond to a request for comment on whether they’re considering moving the event to a larger venue, and the White House didn’t respond to a request for comment on accepting Stitt’s invitation to tour the Greenwood District.Health officials, including Tulsa County Health Department Director Bruce Dart, have voiced concerns about having so many people in a confined space, noting both the state and Tulsa have seen daily highs in the number of positive cases in recent days.Oklahoma County Republican Party Chairman David McLain said Monday that the Trump campaign intends to fill every one of the venue’s seats. He said the campaign also intends to provide masks to every person who attends, although he said there won’t be a requirement to wear one.“I haven’t heard of any policy of mandatory mask wearing at this point,” McLain said, “but that’s fluid and could possibly change.”Social distancing is still encouraged in Oklahoma but there’s no prohibition on large gatherings.There have been more than 8,400 confirmed positive cases of COVID-19 and 359 total deaths in Oklahoma from the disease, more than half of which have been residents of nursing homes or long-term care facilities.Oklahoma began allowing some businesses, like hair salons, pet groomers and spas, to reopen on April 24 during its first phase of reopening. The state has since moved into its third phase of reopening, with virtually no restrictions on businesses.While acknowledging the state has seen a recent surge in the number of people testing positive for the coronavirus, Stitt said much of that is due to an increase in testing. He also said only 150 people are currently hospitalized due to COVID-19 and that the state has plenty of hospital capacity.“We need to continue to be vigilant and continue to take precautions,” Stitt said, “but we also have to learn how to deal with COVID, because it’s in the United States, it’s in Oklahoma, and we can’t let it dictate our lives.” 3284