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Capping a week of wild trading on Wall Street, stocks ended Friday on a quiet note.The Dow fell 76 points, or about 0.3%, and the S&P 500 fell 0.1%. The Nasdaq rose slightly.The Dow's decline followed two consecutive days of gains. The Dow failed to increase three days in a row in December.Stocks often finish December with rallies, but this isn't a typical December. Huge swings in both directions have sent investors' heads spinning. The Dow had its worst-ever Christmas Eve on Monday, only to post its best-ever point gain when trading resumed on Wednesday. Stocks were sharply lower for most of Thursday before 632

Do you think what this man is doing is a good thing? Or is it too dangerous? Let us know by voting in our poll.STORY: https://t.co/kZp6MDCP7m— 7 Eyewitness News (@WKBW) October 31, 2019 197

Commercial airlines are rerouting flights throughout the Middle East to avoid potential danger during heightened tensions between the United States and Iran.Jumbled schedules could affect as many as 15,000 passengers per day, lengthen flight times by an average of 30 to 90 minutes, and severely bruise the bottom line for airlines, industry analysts said.There is anxiety that the conflict between the longtime foes could intensify following Iranian ballistic missile strikes Wednesday on two Iraqi bases that house U.S. troops. The attacks were retaliation for the U.S. killing of Iranian Revolutionary Guard Gen. Qassem Soleimani in a drone strike near Baghdad last week.“In a war situation, the first casualty is always air transport,” said Dubai-based aviation consult Mark Martin, pointing to airline bankruptcies during the Persian Gulf and Yugoslav wars.At least 500 commercial flights travel through Iranian and Iraqi airspace daily, Martin said.A Ukrainian passenger jet crashed shortly after taking off from Iran’s capital Wednesday killing 167 passengers and nine crew members just hours after 1118

Cleveland police are investigating after a woman was thrown out of a vehicle and died. The incident happened at 5 p.m. on I-90 near downtown Cleveland. Police said a woman was thrown out of a vehicle onto the freeway. The woman was transported to Metro Hospital, where she was pronounced dead. It is unknown if any arrests have been made. 351

COVID-19 has claimed the lives of thousands of people around world. It has sent financial markets into a downward spiral and now, the backbone of the American economy, roughly 30 million small businesses, is in jeopardy.“Most small businesses really don’t have much in the way of cashflow,” said Todd McCracken. “They are in the position to last for days maybe weeks, for the most part, if they don’t have money coming in the door.”McCracken is with the National Small Business Association. Many of NSBA’s 65,000 members have had to shutter their doors temporarily in the name of public health, but the longer these businesses remain closed, the more concern there is over whether some will ever reopen.“Small businesses are half our economy,” McCraken added. “Most new jobs are provided by smaller companies and about half of all non-governmental employment is provided by smaller businesses.”So, what exactly do small businesses in America need right now to survive this pandemic, the financial side at least?“They need liquidity, they need cash. That’s the bottom line,” said McCracken.Some small businesses are getting cash from bigger companies, like Facebook. Last week, the social media giant pledged 0 million in grants for 30,000 small businesses struggling right now.In addition, the U.S. small business administration has begun offering up to million in low-interest disaster relief loans to small businesses effect by COVID-19. The loans are 2.75 to 3.75 percent.Meanwhile, a growing number of states, like Florida, are offering no-interest loans. Typically though, they max out at ,000 per small business.Importantly to note, whether a business is applying for private sector grants or government loans, they should expect the process for both to take a few weeks. A few weeks could just be too long for many of the small business feeling the financial impact of this pandemic, and that is why organizations like the NSBA are closely watching the second stimulus package being proposed in congress.The latest version of the package would offer 0 billion in small business loans that are expected to be issued in a faster timeframe and with more substantial benefits. The catch is small businesses who get this money have to commit to not to laying off their current employees.“This is a really good package for small companies,” said McCracken. “It would allow them to get a loan, we hope very quickly to support their operations but importantly the amount they spent on staffing and their rent payments can be completely forgiven.”What is loaned but not used for rent and staffing would have to be paid back, but the business has a year to do so. “There are still going to be hiccups I am sure, because we’ve never tried anything like this before,” said McCracken, “because this is literally going to be millions of small businesses applying for these loans in a very tight window.”McCracken, most financial analysts and even economist believe if small businesses can stay afloat, then the economy and average Americans should be able to bounce back faster post-COVID-19. 3110