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This year’s election has already been one of the most contentious in modern history, but for one family from Flagstaff, Arizona, it is their most memorable.In 1920, Blanche Reeves was a 29-year-old mother of five living in Iowa on her farm with her husband. Just two years prior, she had come down with pneumonia after contracting the flu during the 1918 pandemic.“Her hair all fell out and she was just in bed for a very long time,” said Reeve’s daughter, Helen, now 91.Helen Reeves was not born at the time, but she remembers her father’s vivid stories about her mother’s condition. She says she was in a coma and doctors didn’t expect her to make it through the night.“He said [my mother] couldn’t react to what was happening but could hear what was being said in the room,” she said.Reeves says the doctor left a death certificate with her father to fill out in the morning as he waited with her mother, but it laid on the bedside table in the hospital empty as her mother began to pull through.She would remain bedridden and resting for nearly two years as she battled the illness one day in 1920.“Dad said she just sat up in bed and said, ‘I’m going to go vote,’” said Reeves.That year was the first women were allowed to vote following the suffrage movement, so Reeves says her father hitched up a wagon to their horses with a straw bed and drove her mother into town so she could come to the local schoolhouse and cast her vote.The moment started a revered tradition in the family’s household.“I haven’t missed an election since I was able to vote when I was 21,” said Reeves.“I can’t think of anyone in our family who doesn’t vote,” added Reeves’ daughter, Andrea Hartley, laughing. “It is the one way we can have a voice and sometimes it the only time we can have a voice.”Hartley says growing up, her mother would take her to the polls each election to accompany her as she cast her ballot until she was able to vote for the first. She then did the same with her two kids who have voted since they turned 18.This year’s election, she says, is even more important as it marks 100 years since her grandmother, Blanche, was carried by her husband into the schoolhouse to cast her very first vote.“This year, more than any other year, I have felt the urgency to get my ballot turned back in,” she said.“I did it to honor my mother,” added Reeves. “I think if she were here today and she could know I could sit in my kitchen, at the table, and cast my ballot and not have to ride in a wagon or anything- not have to leave sick babies behind- I think she would be amazed. And I’m just so filled with gratitude that we live in this country with all the great privileges we have.” 2691
There’s been a significant bounce back in the U.S. job market, according to the U.S. Bureau of Labor Statistics’ latest monthly unemployment report. In June, 4.8 million people were able to go back to work.Businesses in hospitality and leisure added 2.1 million jobs. Food services and drinking establishments added 1.5 million jobs, while retail saw 740,000 workers return to work.“The job market bounced back pretty strongly in June, but we have to keep everything into perspective,” said Ryan Sweet, an economist and Head of Monetary Policy and Research for Moody’s Analytics.Sweet says compared to where the U.S. was prior to the pandemic, jobs are still down by roughly 15 million.Economists, like Sweet, believe the job rebound seen in June is likely over, and the U.S. job market will likely reflect a lull in July.“The lull, it is unclear how long that will last,” Sweet said. “We are hoping until the end of this year.”As coronavirus cases continue to surge in the U.S., the hope for just a lull dwindles and worry about another decline in employment grows.Companies like United and American airlines are already signaling major job loss could come in the near future. Both companies recently reported they may have to each layoff 25,000 workers. Analysts predict if other airlines have to do the same, the industry could lose up to 250,000 jobs.That’s hundreds of thousands of potential jobs lost in just one industry, and many others are signaling a similar situation.“The ones that I am most nervous about are state and local governments because it seems that there is less urgency for lawmakers to pass fiscal stimulus,” said Sweet. “If we don’t get another round of fiscal stimulus, this lull is going to turn into a contraction.”Congress has been talking for two months about another stimulus package, but there is no clear signal that one will come in time. 1881
Trade war fears and a presidential attack on Amazon are rocking Wall Street.The Dow dropped more than 700 points on Monday, and the Nasdaq plunged 3%. The S&P 500 hit its low for the year and was on track for its lowest close since November. The sell-off left all three major indexes in the red for 2018.By the end of the day Monday, the Dow slightly recovered, closing down 458 points for the day.The sell-off on the first day of the second quarter came after President Trump once again attacked Amazon on Twitter. Amazon, one of the biggest drivers of the 2017 market rally, tumbled 5%, wiping out more than billion of its market value.Trump once again accused Amazon of taking advantage of the US Postal Service, and he suggested that Amazon does not pay its fair share of tax.In fact, Amazon pays the same lower rate that the post office charges other bulk shippers, and it collects sales tax in every state that charges it. Amazon does not collect sales tax on purchases made from third-party vendors."You've got the president of the United States attacking a single company over what he considers to be unfair practices," said Ian Winer, head of equities at Wedbush Securities.Amazon wasn't the only tech stock in trouble. Tesla, Netflix and Cisco all dropped by at least 4%. Intel plunged 8% on a?Bloomberg News report that Apple plans to switch to its own chips. Almost every stock in the Nasdaq 100 lost ground.The Nasdaq has plunged more than 10% from its all-time high on March 12."When investors see market leaders suddenly stumble, they become more cautious about the entire group," said Kate Warne, investment strategist at Edward Jones.Wall Street is also fretting about rising trade tensions, especially with China. Beijing responded to Trump's steel and aluminum tariffs on Monday by following through on its threat to impose tariffs on billion of US imports. The tariffs apply to 128 products, ranging from pork and meat to steel pipes.Trump plans to place additional tariffs on about billion worth of Chinese goods — and Beijing has promised to respond.John Toohey, head of equities at USAA, blamed the sell-off on concerns about the China tariffs. "Global trade could slow down, global supply chains could be impacted, and CEOs could be more cautious on capital spending," Toohey said.NAFTA worries are also on the rise after Trump took aim at the trade deal between the United States, Canada and Mexico. Trump on Sunday linked NAFTA to his efforts to build a wall along the border with Mexico."They must stop the big drug and people flows, or I will stop their cash cow, NAFTA. NEED WALL!" Trump tweeted."It's a cause for concern. That mixing of issues is contributing to uncertainty," said Kristina Hooper, chief global market strategist at Invesco.No matter the cause, signs of fear abounded. The VIX volatility index jumped more than 15%. CNNMoney's Fear & Greed Index of market sentiment dropped further into "extreme fear." Crude oil plunged about 3%. Gold, which tends to do well when investors are worried, climbed more than 1%."None of it makes a lot of sense," said Michael Block, chief strategist at Rhino Trading Partners. "I don't know what we learned that was new. Chinese tariffs are not surprising."After spiking last year, the stock market hit extreme turbulence during the first three months of the year as investors worried about tariffs, inflation and tech stocks. The Dow snapped its longest quarterly winning streak in 20 years.Stocks may be volatile, but the backdrop looks bright. Global economic growth is expected to accelerate and corporate profits are likely to surge, thanks in part to Trump's corporate tax cuts."It's unlikely to be the end of the bull market," Warne said. "The underlying fundamentals remain positive." 3823
There is no God -- that's the conclusion of the celebrated physicist Stephen Hawking, whose final book is published Tuesday.The book, which was completed by his family after his death, presents answers to the questions that Hawking said he received most during his time on Earth.Other bombshells the British scientist left his readers with include the belief that alien life is out there, artificial intelligence could outsmart humans and time travel can't be ruled out.Hawking, considered one of the most brilliant scientists of his generation, died in March at the age of 76."There is no God. No one directs the universe," he writes in "Brief Answers to the Big Questions.""For centuries, it was believed that disabled people like me were living under a curse that was inflicted by God," he adds. "I prefer to think that everything can be explained another way, by the laws of nature."Hawking suffered from amyotrophic lateral sclerosis (ALS), a neurodegenerative disorder also known as Lou Gehrig's Disease, for most of his adult life.The scientist died while still working on the book, which his family and colleagues finished with the help of his vast personal archives.'Increasingly looking inward'While Hawking spoke of his lack of belief in God during his life, several of his other answers are more surprising."There are forms of intelligent life out there," he writes. "We need to be wary of answering back until we have developed a bit further."And he leaves open the possibility of other phenomena."Travel back in time can't be ruled out according to our present understanding," he says. He also predicts that "within the next hundred years we will be able to travel to anywhere in the Solar System.""He realized that people specifically wanted his answers to these questions," the scientist's daughter, Lucy Hawking, who helped complete the book, told CNN.Hawking saw the world on the brink of a "vast transformative change" when he died, she noted, adding: "He's asking us not to go into the future blindly. How good is the track record of the human race in using advances in technology for the good of ordinary people?"In remarks prepared by Hawking and played at the launch of the book in London on Monday, the scientist also turned his attention to the world he was leaving behind."With Brexit and Trump now exerting new forces in relation to immigration and the development of education, we are witnessing a global revolt against experts, and that includes scientists," Hawking said.Hawking had been a critic of the United Kingdom's decision to leave the European Union, and called Donald Trump a "demagogue" in 2016.His greatest concern, his daughter said, "is how divided we've become," adding: "He makes this comment about how we seem to have lost the ability to look outward, and we are increasingly looking inward to ourselves."Hawking's final message to readers, though, is a hopeful one.Attempting to answer the question "How do we shape the future?" in the book's final chapter, the scientist writes: "Remember to look up at the stars and not down at your feet." 3096
TIJUANA, Mexico (AP) — The asylum claims of six Hondurans were accepted for processing Tuesday, ending a 17-hour standoff involving U.S. authorities, the migrants and two U.S. lawmakers supporting them on a tiny piece of American soil at the country's border with Mexico.The Hondurans had camped out in an area of San Diego's Otay Mesa border crossing past where pedestrians pass a wall plaque delineating the international boundary but before they reach inspectors. They were joined by U.S. Reps. Nanette Barragan and Jimmy Gomez, both California Democrats."They're on U.S. soil, and they're basically being blocked for presenting themselves for asylum," Barragan said in a video posted on Twitter that she said was taken around 2:40 a.m.The asylum seekers arrived at the crossing Monday afternoon, and after several hours U.S. inspectors agreed to process claims of eight unaccompanied children and a mother and her five children, attorneys said. Six more were initially not allowed into the country and sat on blankets throughout a chilly night before authorities agreed Tuesday to process their claims."Children are sick, they're crying, they've had to use the bathroom," Nicole Ramos, an attorney at Al Otro Lado, a legal services organization working on behalf of the migrants, said Monday night. "We've had to get blankets and food for them."Customs and Border Protection did not comment on the status of the Honduran asylum seekers, but officials said claims are processed as quickly as possible.The impasse highlighted a U.S. practice to limit entry for asylum seekers at official crossings when they are at full capacity, which it calls "metering" or "queue management." Authorities emphatically deny they are turning away asylum seekers — something that is prohibited under U.S. and international law — and say they are simply asking them to temporarily wait in Mexico.CBP says a surge in asylum claims has strained resources. The number of people expressing fear of returning to their home countries — the initial step toward asylum — jumped 67 percent at Mexico border in the fiscal year that ended Sept. 30, rising to 92,959 claims from 55,584 the previous year.Critics contend that CBP is limiting the number of asylum claims to deter people from coming.In San Diego, U.S. authorities funnel asylum claims through the San Ysidro port of entry, the nation's busiest crossing. Asylum seekers themselves manage waiting lists in a tattered notebook on the Tijuana side.The wait at San Ysidro had neared 3,000 names even before a caravan of more than 6,000 people reached the border city last month. Typically 60 to 100 asylum claims are processed per day at the crossing, meaning many migrants will likely have to wait in Tijuana for months.People who appear at the city's other crossing, Otay Mesa, are normally redirected to San Ysidro. But Monday's group managed to reach U.S. soil, which usually means they are transferred to San Ysidro to have their claims processed immediately. 3003