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Three national parks recorded its highest number of visitors last month.According to The Billings Gazette, Yellowstone National Park recorded more than 360,000 visitors in October, which is an increase of 110% from last October.Its previous October record was set in 2015 when 252,000 guests visited the 2.2 million-acre national park.But for the whole year, visitation is down 6% from the same time as last year, with about 3,740,000 people visiting the park, the Associated Press reported, but that's because the park was closed for two months due to the coronavirus pandemic.Another national park that saw record crowds was Grand Teton National Park, located 31 miles from Yellowstone.In October, Grand Teton saw more than 351,000 guests, which is up 88% percent from this exact time last year, the Gazette reported. According to the newspaper, the national park's previous October record was set in 2018 with more than 207,000 visitors.The newspaper also stated that Glacier National Park recorded more than 125,000 tourists last month. In 2018, only 78,000 guests visited, and over the previous three years, the national park has recorded about 85,000 people. 1172
This is the street party/protest that is on the back part of the @WhiteHouse at 15th and Constitution - lotta loudspeakers & a live band jamming out of this bus pic.twitter.com/r3cR3hN6Iz— Elizabeth Landers (@ElizLanders) August 28, 2020 249
This undated image released by the Alabama Department of Archives and History shows Alabama's 1901 Constitution, which was intended to maintain white supremacy in the state. With the nation focused on racial justice because of the police killings of George Floyd and other Black people, state voters are being asked to remove racist phrases from the document once and for all. While no organized opposition has emerged, some worry that a conservative backlash against protests over racial injustice could harm the chances for passage. (AP Photo/Alabama Department of Archives and History) 596
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
Thomas Lane, one of the four former Minneapolis officers arrested in connection with the death of George Floyd, posted bail on Wednesday according to jail records.Lane was among the three officers who were charged with aiding and abetting a murder. The fourth officer, Derek Chauvin, was charged with murder.Lane's bail was set at 0,000 following his arrest last week.Lane was on his fourth day with the Minneapolis Police when Floyd died in his custody. The four officers were fired one day after Floyd’s death.Floyd died after Chauvin held a knee to Floyd’s neck for nearly nine minutes. 600