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First and foremost I extend my deepest and most sincere apologies to my Jewish sisters and brothers for the hurtful and divisive words that came out of my mouth during my interview with Richard Griffin.— Nick Cannon (@NickCannon) July 16, 2020 251
FINAL: Structural Collapse incident at 1600 Robert Browning St; #ATCEMS Command advising total victim count of 22, patient count of 20 with 16 patient transports, 3 patient refusals & 3 no patients. #ATCEMS PIO responding to the incident for media briefing.— ATCEMS (@ATCEMS) September 16, 2020 306

Federal Reserve chairman Jerome Powell gave investors reason to cheer on Wednesday when he suggested that the Fed may slow down its interest rate hikes.The Dow surged on the news and closed up 600 points, or more than 2%, in midday trading. The S&P 500 and Nasdaq each rose about 2% as well.Powell reassured investors that the Fed wouldn't risk killing off economic growth by continuing to aggressively raise rates next year."Our gradual pace of raising interest rates has been an exercise in balancing risks," Powell said during a speech at the Economic Club of New York. "We know that moving too fast would risk shortening the expansion. We also know that moving too slowly -- keeping interest rates too low for too long -- could risk other distortions in the form of higher inflation."Powell noted that rates remain relatively low and that they are just below what many economists consider "neutral for the economy -- that is, neither speeding up nor slowing down growth."Investors seemed to interpret Powell's comments as a sign that the Fed, which is widely expected to raise rates again at a meeting next month, may now only hike rates once or maybe twice at most in 2019 as opposed to earlier forecasts of three or four hikes.The Dow's most cyclical stocks were among the biggest gainers. Shares of Boeing (BA), Caterpillar (CAT), Microsoft (MSFT) and Apple (AAPL) helping to lead the rally.In fact, only four Dow stocks -- Verizon (VZ), United Technologies (UTX), DowDupont (DWDP) and Procter & Gamble (PG) -- were trading lower Wednesday afternoon.Matthew Cheslock, a trader at Virtu Financial, told CNNMoney editor-at-large Richard Quest on "Markets Now" Wednesday that the market interpreted Powell's comments as meaning that we are "closer to normal rates. I think that was what really sparked the market to go higher."Cheslock added that some of Powell's remarks about the market not being in a bubble were reassuring as well.Powell's comments may assuage concerns about the Fed possibly going too far with rate increases, a criticism leveled by President Donald Trump.But Tobias Levkovich, Citigroup chief US equity strategist, told Quest that the market may be overreacting."I'm not dancing or partying right at the moment," he said, adding that the Fed has talked about gradual rate hikes "for a very long time." "Maybe [the markets] were just worried it would be worse," Levkovich said.To that end, Trump, who chose Powell to replace former Fed chief Janet Yellen, has often bashed him and the Fed on Twitter and in interviews for the rate hikes.In fact, Trump attacked Powell again in a Washington Post interview Tuesday, saying he was "not even a little bit happy" with Powell and that the Fed was making a mistake with so many rate hikes.Trump even added that sometimes decisions he makes with his "gut" matter more than what other people's brains tell him.Whether or not investors were using their guts or brains when deciding to jump back into stocks Wednesday remains to be seen. But it's clear that the bulls were back in charge on Wednesday."Markets Now" streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by Quest and CNNMoney's business correspondents, the 15-minute program features incisive commentary from experts.You can watch "Markets Now" at CNNMoney.com/MarketsNow from your desk or on your phone or tablet. If you can't catch the show live, check out highlights online and through the Markets Now newsletter, delivered to your inbox every afternoon.The-CNN-Wire 3545
Foot Locker wants to help you get registered to vote before Election Day.The sportswear company announced they've partnered with "Rock the Vote" and set up voting registration services at their retail stores."In a year marked with such uncertainty, amid a pandemic and social unrest, our country's future – and our collective role in shaping it – has never been more important," said Richard Johnson, Chairman & CEO, Foot Locker, Inc. in the release. "At Foot Locker, our mission is to inspire and empower youth culture, so partnering with Rock The Vote was a natural fit to help educate and amplify the voices of today's youth."The company has also set up an online hub to check their voter registration status, register to vote, and sign-up for election reminders. 778
For the folks in your life who never stop watching political news or talking politics, there are plenty of things to buy them for Christmas.Every year, a new ornament celebrates the beauty of the president's official home. The Official 2018 White House Christmas Ornament sells on Amazon.com for (on Cyber Monday it is priced at .90). It features the White House and honors the administration of President Harry S. Truman. Last year's ornament doesn't depict the White House; instead, it features a bald eagle and honors the administration of President Franklin D. Roosevelt. It is selling on Amazon for .91.Is your political pal a big debater? There's a game for him or her: The Contender. Retailing for , this game allows players to become a presidential candidate on the debate stage.If the politics fans in your life love their coffee or hot tea, there are plenty of mugs with "warm" (sarcastic) messages, such as "What a time to be alive." For those who look up to the women on the Supreme Court, check out the "Squad Goals" mug.Bonus: Anyone who is a Ruth Bader Ginsberg fan will have no shortage of mugs featuring her face to buy on Amazon.Maybe you know a few people who aren't the biggest fan of President Donald Trump? If that's the case, there's a clock that counts down to the final day of his current time in office.But maybe the gift recipient is a HUGE fan of Trump: In that case, go for the life-size, cardboard cutout of the world leader himself. 1503
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