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The showdown over mail-in ballots is expected to heat up this week.Democrats are calling back Congress to vote on legislation to prevent the U.S. Postal Service from changing any of its operations. A House committee also called an emergency hearing for next week to address mail delays and concerns the White House is interfering.The USPS is removing hundreds of mail processing machines across the country and has warned 46 states that it may not be able to process all mail-in ballots in time to be counted for the election.“Are we going to force people to have to choose between their fundamental right to vote and their health?” asked Shaundra Scott with the South Carolina Democratic Party. “The American voters are going to be very frustrated that we may not know who the winner is until frankly December.”Political experts agree the presidential race, pandemic and mail-in voting will all lead to massive increases in voter turnout and probably a lot of contested results.Some states have streamlined mail-in and absentee voting for years. However, other states are rushing to change their voting process because of the pandemic.“When things like that happen, it doesn't inspire confidence. It leads to the fear that people who shouldn't be voting may potentially be voting or people that should vote are not going to get ballots because of a snafu,” said Matt Klink, a GOP strategist with Klink Campaigns.For example, New York changed the rules to make it easier to vote by mail ahead of the primary, and it provided pre-paid envelopes. But those envelopes were not postmarked, or they were returned late. And there were other issues like ballots that weren't signed. That led to one out of four mail-in ballots being disqualified.But voting by mail could close the gap on inequities.“Yes, there are rules and regulations that say your employer should give you two hours to be able to vote but if you’re working hourly and you’re working on a job that is shift based, even though voting is extremely important, taking away that two hours of pay from someone and them having to make that decision is huge,” said Scott.Some expert say Republicans fear mail-in ballots would capture new Democratic voters, but seniors also benefit from absentee and mail-in voting. They often skew red, according to the Brookings Institute.A major study of California, Utah, and Washington state's elections between 1996 and 2018 found there was no partisan advantage to voting by mail. 2482
The stock market is still sinking but the selling frenzy has eased just a bit.The Dow opened down about 100 points on Thursday morning, rebounding from sharp overnight losses. The Nasdaq started positive before slipping back into the red. The S&P 500 lost about 0.6%.Wall Street is attempting to recover from Wednesday's plunge, which wiped 832 points off the Dow. The Nasdaq in particular has gotten rocked in recent days. Investors have bolted from the index, which contains many tech stocks, because they are concerned about holding some of the market's riskiest stocks in a downturn. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.The S&P 500 was on pace for its sixth-straight decline, something that hasn't happened since just before President Donald Trump's election nearly two years ago. And the Nasdaq has already plunged 8% this month."Halloween started early this month for investors," Ed Yardeni, president of investment advisory firm Yardeni Research, wrote to clients.Concerns about inflation were eased a bit by a report released on Thursday that showed consumer prices rose in September less than feared.Still, tech stocks including Amazon and Apple lost ground in early trading. Square (SQ) slumped 6% after announcing the departure of its chief financial officer. But other tech stocks showed signs of life. Netflix and Twitter were trading flat to slightly higher.Stocks have turned sharply south because investors are increasingly 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. America's increasing debt load, a trade war with China and a slowing global economy have also unnerved investors.Wednesday's "rout has shaken investor confidence," Nicholas Colas, co-founder of DataTrek Research, wrote to clients. "That will take time to rebuild."The Dow plunged 832 points, or 3.2%, on Wednesday. Tech stocks took a beating, sending the Nasdaq tumbling 4% — its worst day since the Brexit referendum of June 2016.That dragged down stock indexes in the United Kingdom, Germany and France on Thursday, all of which fell more than 1%. Benchmark indexes in Shanghai and Tokyo closed down 5.2% and almost 4%, respectively. Hong Kong's market was down over 3%.The S&P 500's 3% plunge on Wednesday was rare. It's only happened in 0.6% of all trading days since 1952, according to Bespoke Investment Group.The good news is that the market often springs back to life after such a deep sell-off. Bargain hunters scoop up beaten-down stocks and calmer heads prevail. On average, the S&P 500 has gained 0.4% the day after a 3% slide, Bespoke said.That's what happened in February after the S&P 500 twice suffered 3% drops caused by fears about rising bond yields. Both sell-offs were followed by rebounds of more than 1% the next day.But Yardeni is optimistic the market will rebound because corporate profits are robust and no recession is in sight."We remain bullish on the outlook for earnings, and expect the market to recover and make new highs going into next year," Yardeni wrote.The-CNN-Wire 3435
The University of Notre Dame has withdrawn as the host site of the first presidential debate, the university announced on Monday.Notre Dame had been set to host the first presidential debate on Sept. 29.In a statement, the university said it made the decision to withdraw after consultation with the St. Joseph County Health Department and with the unanimous support of the executive committee of the university's board of trustees.The Rev. John Jenkins, president of the University of Notre Dame, made what he called "this difficult decision because the necessary health precautions would have greatly diminished the educational value of hosting the debate on our campus."Notre Dame follows the University of Michigan in opting not to host a debate. The Oct. 15 debate that was originally scheduled to be held in Ann Arbor, Michigan, will be held in Miami instead.In a letter to the campus community, Jenkins said that "the inevitable reduction in student attendance in the debate hall, volunteer opportunities and ancillary educational events undermined the primary benefit of hosting — to provide our students with a meaningful opportunity to engage in the American political process."The Commission on Presidential Debates on Monday announced that the first presidential debate will now be co-hosted by Case Western Reserve University and Cleveland Clinic and held at the Health Education Campus in Cleveland.It will be the second CPD-sponsored debate hosted by Case Western Reserve University. In 2004, the university was the site of the Vice Presidential Debate."We are honored to host this presidential debate at our shared Health Education Campus,” Cleveland Clinic CEO and President Tom Mihaljevic, M.D., and Case Western Reserve University President Barbara R. Snyder said in a joint statement. “This pandemic has highlighted the critical importance of health care and scientific discovery in unprecedented ways. To have the presidential candidates discuss these issues in our innovative learning space represents a tremendous opportunity for both institutions – and our entire region.”Notre Dame has hosted six presidents at commencement ceremonies through the years — more than any university in the nation other than the military academies — but this would have been the university's first presidential debate, the university said in a statement."I am grateful to the many members of the university community who have devoted countless hours planning this event, and to the Commission on Presidential Debates leadership for their professionalism and understanding," Jenkins said. "But in the end, the constraints the coronavirus pandemic put on the event — as understandable and necessary as they are — have led us to withdraw."This year's debates, sponsored by the Commission on Presidential Debates, are:Tuesday, Sept. 29 — Case Western Reserve University and Cleveland Clinic, ClevelandWednesday, Oct. 7 — Vice presidential debate at the University of Utah, Salt Lake CityThursday, Oct. 15 — Adrienne Arsht Center for the Performing Arts, Miami, Fla.Thursday, Oct. 22 — Belmont University, Nashville, Tenn.This article was written by WRTV in Indianapolis and WEWS in Cleveland. 3201
The sun was setting, dinner was waiting and President Donald Trump was making the short walk to his private residence when, on March 8, he suddenly made a detour to the press briefing room.Peeking through a half-opened pocket door, Trump caught the eye of a small handful of reporters and drew them closer."South Korea's going to be making a major statement at about 7 o'clock," Trump said coyly. Vice President Mike Pence stood silently behind him. 457
The Trump administration asked the Supreme Court on Monday to take up a case concerning the government's decision to phase out an Obama-era initiative that protects from deportation young undocumented immigrants who came to the United States as children.In doing so, government lawyers sought to bypass federal appeals courts that have yet to rule definitively on the Deferred Action for Childhood Arrivals program.In court papers, Solicitor General Noel Francisco asked the justices to take up the case this term and argued that district judges who had issued opinions against the administration were "wrong" to do so. Francisco pointed out that back in 2012 the Obama administration allowed some "700,000 aliens to remain in the United States even though existing laws provided them no ability to do so."Francisco said that "after a change in administrations" the Department of Homeland Security ended the policy "based on serious doubts about its legality and the practical implications of maintaining it."The filing came the night before the midterm elections as President Donald Trump has repeatedly brought up immigration to rally his base in the final hours before the vote.In September 2017, the government announced plans to phase out the program, but lower court judges blocked the administration from doing so and ordered that renewals of protections for recipients continue until the appeals are resolved.The legality of the program is not at issue in the case. Instead, lower courts are examining how the government chose to wind it down.Supporters of the roughly 700,000 young immigrants who could be affected by the end of DACA say the administration's actions were arbitrary and in violation of federal law. 1736