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Even with millions of unemployed Americans amid the worst pandemic to hit the US in a century, the Dow Jones Industrial Average has nearly fully recovered from its record-high levels in February.For the first time since Feb. 20, the Dow Jones closed above 29,000 on Wednesday, finishing the day at 29,100.The Dow Jones has historically had a 7% growth rate a year, and it’s possible the Dow could still finish the year on track. That comes after the Dow bottomed out in March at 18,591.While the Dow Jones has seen a recovery, many Americans are still feeling the pinch from the coronavirus. The unemployment rate remains above 10%, which is more than double the pre-pandemic unemployment rate.The economic news has continued to be dire as major companies, such as MGM and United Airlines are planning on furloughing or laying off employees.Whether the economic woes on Main Street eventually affect Wall Street remains to be seen, but President Donald Trump took credit on Wednesday for the Dow Jones’ figures. 1019
European Union and British negotiators are closing in on a trade deal with only a disagreement over fishing rights in U.K. waters remaining, After resolving a few remaining fair competition issues, negotiators were down to dealing with fishing quotas and transition terms as they worked to secure a deal for a post-Brexit relationship by an end-of-year deadline. Sources on both sides said the long and difficult negotiations were in their final stretch and an announcement of a deal could come Thursday morning. Britain withdrew from the EU on Jan. 31, and an economic transition period expires on Dec. 31. A deal would avert a chaotic break on New Year’s Day. 669
ESCONDIDO, Calif. (KGTV) - The Escondido Union High School District is celebrating a grant renewal of over million to go towards helping students.The ASSETs grant comes from the federal government and helps funds after-school programs and other support services for students and parents.The district has received this funding for the past 10 years and schools have put it to good use.San Pasqual High School has created unique clubs like ukulele, welding, robotics, and mountain biking. The money also funds academic tutoring as well as programs like Drivers Ed.Everything created through the ASSETs grant money is free for students. "I can tell you it has literally transformed the experience for hundreds of students, hundreds," said San Pasqual High School Principal Martin Casas.Up until last week, next year's grant money wasn't a sure thing. Casas says the district worried the money would be cut from the federal budget.ASSETs grant schools like San Pasqual were trying to figure out which programs they'd have to cut if the funding didn't come through. Casas estimates they would have had to cut half of their programs.But now that the funding is secured, schools can look forward to creating even more programs.They'll receive 0,000 each year for the next five years.Some new programs in the works include building skateboards, music production, and mariachi.In addition to San Pasqual High, Orange Glen, Escondido and Valley High Schools will be getting ASSETs funding.The district says over 75 percent of its students qualify for free and reduced lunch, so these programs are vital. 1618
Facebook has come under fire after posts discussing the sale of a child bride were made and shared on its site.An auction was discussed on the social media platform for a girl aged 16 or 17 in South Sudan that sought payment for her hand in marriage.Facebook said the post was taken down as soon as the company learned of it, but that wasn't until after the girl involved was married.According to children's rights organization Plan International, the girl was bid on by five men, some of whom were reportedly high-ranking South Sudanese government officials. 567
FAIRFIELD, Calif. -- A woman whose 10 children were removed from a home authorities described as filthy denied Monday that she or her husband abused or neglected the children.Ina Rogers, 30, told reporters Monday that all the children slept in one bedroom together because they wanted to.Rogers also said he feels as though she’s being judged for having so many children and choosing to home-school them.RELATED: Parents accused of shackling their 13 children in Perris home expected to appear in court She added that she’s surprised at the accusations against her husband, Jonathan Allen, because he wasn’t the disciplinarian of the family. Police in Fairfield arrested Allen, 29, on charges that include torture and abuse."There's no broken bones, there is no major scars, nothing," Rogers said Monday. "My kids get bumped and bruised and scratched because they're kids but that's it."PHOTOS: Turpin family's former Texas home had human feces on walls, owner saysThe children were removed from the home on March 31 after Rogers reported that her oldest child was missing.She said he ran away after she took away his tablet and computer. Upon returning the child, Fairfield police Lt. Greg Hurlbut said he found the nine other children living in "squalid and unsafe conditions."Rogers was arrested and later released after posting bail. Allen was also arrested after specialists conducted interviews with the children. He is being held on .5 million bail.The home was described by reporters as messy with scuffed walls and animal feces in the bathroom. The children slept on cots in the bedroom because they were close, Rogers said.Child protection officials made one prior visit to the home, Rogers said. Aleida Quartman, 23, said she was a co-worker at a heart device monitoring company.Quartman said Rogers’ messy house was just life with children, cats, a dog and a fish. "She told me she's never lived alone and now that her kids are gone and her husband is gone, she's just a mess," Quartman said.Allen’s mother said she spoke to Rogers about the dirty condition of the home, saying it was important to keep a clean home. 2149