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Coming off a day of record-breaking gains, the Dow Jones Industrial Average took a major hit on Tuesday, closing down nearly 800 points amid coronavirus fears. The Dow dropped despite the Federal Reserve announcing that interest rates would drop by .5 percent, a move generally used to help boost the economy in times of economic downturns. While the Dow gained nearly 1,300 points on Monday, a one-day record, the Dow has lost nearly 4,000 points in recent weeks. The market has lost nearly 15% of its total value in that time span. Among the industries to see major losses include travel, pharmaceutical and aviation. Companies such as Boeing, at Walt Disney and Walgreens have seen double-figure losses in their stock value. Oil companies such as Chevron have also seen a large drop in value in recent weeks. 824
CHICAGO, Ill. – Ten years ago, Aja McClanahan didn’t think she’d be living on Chicago’s South Side. It also seemed like her family would be forever be in debt.“It was a mountain that I did not think we could ever tackle,” said McClanahan.Her family didn’t owe just a little bit of money. “It was over 0,000,” said McClanahan. McClanahan says everything started with student loans. That was the bulk of her and her family’s debt.“Between my husband and I, we had tons of student loan debt, ,000 between the two of us,” said McClanahan. “Then another ,000 was a mixture of consumer debt, car notes, credit cards, medical bills and things like that.” But the family decided debt was not going to define them forever.“I remember when I had my first child, my daughter, I knew I wanted to stay home with her but when I ran the numbers…we were like between bills rent, debt repayment, student loans, we cannot make this work,” said McClanahan. She says her family wasn’t budgeting before they put a plan together to pay down debt. "We just spent money as it came in and whatever we spent it on,” said McClanahan. “But with a spending plan we could prioritize what is important to us. So, it helped us look at how we were spending our money. And we kind of cut the fat.”They made sacrifices including a move from the suburbs of Chicago to the inner-city South Side neighborhood of Englewood. They inherited a house from a family member. “The first night we were there, we were like this is the stupidest thing we have ever done,” McClanahan said. "It was so noisy. Just the urban soundscape if you’re not used to it. So, it’s like sirens, barking dogs, people yelling and shouting in the alleys. We were like what have we done?”But they settled in and made it their home without paying a mortgage or rent.After about eight years of strict spending, side hustle and chipping away, they finally paid it all off. "The final balance was ,700 or something like that for a student loan or something like that and I remember making the payment or something like that and remember calling my husband and saying we’re debt free,” said McClanahan. McClanahan now works as a speaker and author trying to help other people conquer debt. "I find that a lot of people become hopeless around the holidays when you’re expected to have money to go out to parties to exchange gifts. For some people, they feel powerless and out of control because they don’t have money,” said McClanahan.While money isn’t everything, McClanahan says it can impact's more than just a bottom line.“I feel like money touches every part of our lives and if you can fix that money thing, you can get back more control,” said McClanahan. 2712

During a speech in Cape Canaveral, Florida, President Donald Trump addressed the ongoing anti-police brutality protests throughout the country, saying that he would not allow "radical left criminals, thugs and others" to "set communities ablaze.""We support the right of peaceful protesters, and we hear their pleas," Trump said. "But what we're seeing now in the streets of our cities has nothing to do with justice or peace."Trump said that he "stands in opposition to anyone using (Floyd's death) as an opportunity to loot and rob"Trump also called Floyd's death a "grave tragedy," and said that he spoke with Floyd's family earlier this week."(Floyd's death) should have never happened," Trump said.Trump has previously asked the Department of Justice to investigate Floyd's death. but also made clear that he and his administration "support the overwhelming majority of police officers." Earlier this week, Trump tweeted threatened to have the National Guard shoot at anyone looting at the site of protests across the country, adding that "when the looting starts, the shooting starts." That particular phrase 1128
Earth Alliance, a new environmental organization created by Leonardo DiCaprio and his philanthropic friends, Laurene Powell Jobs and Brian Sheth, has pledged million to help preserve the Amazon rainforest.Fires have surged in the Amazon this year -- the world's largest rainforest is burning at its highest rate since 2013 -- and Brazil's National Institute for Space Research says more than one-and-a-half soccer fields of Amazon rainforest are being destroyed every minute of every day.The Amazon, which produces about 20% of earth's oxygen, is often referred to as "the planet's lungs." It is considered vital in slowing global warming."#EarthAlliance has formed an emergency Amazon Forest Fund with m to focus critical resources for indigenous communities and other local partners working to protect the biodiversity of the Amazon against the surge of fires," the 885
Did it or did it not have an impact on the game? Astros Owner Jim Crane gave different answers less just a minute apart on the impact of a scandal that has rocked the baseball world over the offseason. Crane's comments come as the Astros gathered for the first time to get Spring Training underway. Video of the news conference released by ESPN showed Crane saying, "Our opinion is that this didn't impact the game." Less than a minute later, Crane said, "I didn't say it didn't impact the game."Astros owner Jim Crane on the Astros' cheating scandal: "Our opinion is that this didn't impact the game."Crane when asked again later in the news conference: "I didn't say it didn't impact the game." 709
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