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The Dow hit 27,000 points for the first time ever on Thursday, as stocks climb higher on hopes of an interest rate cut later this month.Federal Reserve Chairman Jerome Powell shored up rate cut hopes with his testimony before the Senate Banking Committee Thursday and House Financial Services Committee Wednesday.The Dow rose to a fresh all-time intraday high before pulling back slightly. It is up 0.4% or 111 points.The S&P 500 is up a modest 0.1%. 466
The Humane Society of the United States went undercover, investigating animal testing at one of the largest contract research organizations in the world. Officials found dozens of beagles and hounds that were force-fed fungicides to test a new pesticide product at a lab in Michigan.The undercover video is hard to watch. "In some cases, the animals are forced to ingest substances either by putting a gel capsule down their throats or with a tube,” Kathleen Conlee, vice president of Animal Research Issues at the Humane Society of the United States, can be heard saying in the undercover video. For some, it’s hard to fathom. However, Conlee says this kind of animal testing happens more often than we think. "There are about 60,000 dogs at about 350 facilities in the United States right now, and I think the public is very shocked to learn that it's at that scale,” Conlee says. And that's just dogs. Conlee explains when you factor in all animals, the number being used for testing is closer to 25 million per year. "That's warm-blooded animals that doesn't include fish, reptiles, amphibians," she explains. In this case out of Michigan, 36 beagles were being used to test pesticides for a company called Dow Chemical Company. It’s a practice that is not against the law. "The company is doing legal activities,” Conlee says. “Nothing illegal was happening." Often times, Conlee says federal agencies like the FDA and EPA request animal tests to approve products or provide funding for experiments. Most recently, the U.S.D.A. was under fire by a separate animal watchdog group for alleged "kitten cannibalism,” where they report experiments involving feeding kittens to dogs. These are practices Conlee says should stop."We're going to be calling on these agencies to change their practices,” she says. 1826

The Dow Jones Industrial Average dropped as many as 900 points in early trading Monday morning as fears the spread of COVID-19, better known as coronavirus, paralyzed the market.As of 2:30 ET Monday, the Dow was still down about 900 points.Gold prices also surged following reports of increases in COVID-19 in China and around the world.Markets in South Korea and Italy led the decline on Monday, falling nearly as much as 4.6%. Markets are down across Europe and Asia, while futures for U.S. benchmarks have also dropped sharply. Tokyo's markets are closed for a public holiday. South Korea, Iran, and Italy reported a large jump in new cases, potentially disrupting the world economy more deeply than expected. China's leaders promised more help for companies and the economy. Economists note it will be hard to avoid a big hit to the global economy at least in the current quarter. 896
The Justice Department wrote a letter to former Robert Mueller on Monday about his upcoming congressional hearing, telling the former special counsel his testimony must adhere to the 448-page report he issued earlier this year.The testimony, the letter stated, "must remain within the boundaries of your public report because matters within the scope of your investigation were covered by executive privilege."The letter, signed by Associate Deputy Attorney General Bradley Weinsheimer, reiterates that Attorney General William Barr said the decision to testify is Mueller's. 587
The Centers for Disease Control and Prevention is warning consumers in the US not to eat, serve or sell any Cavi brand whole, fresh papayas because they "are likely the source" of a salmonella outbreak.The 217
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