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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

There's a new warning about makeup. A watchdog group says it has found asbestos in several products, sold in a store targeted to teens and young girls. What do you think of when you hear the word asbestos?“I think of like commercials like where your loved one has been exposed to asbestos and you die,” one woman says. “I'm like, 'Oh my God,' it's terrible.”Another woman said, “Like in a house that's like shut down forever” she says. “There's asbestos in a house.”You don't usually think of makeup.Danny Katz with U.S. PIRG, a consumer watchdog group said it tested more than a dozen make up products and found "high levels of asbestos" in three. They're all sold at Claire's, a store with products aimed toward girls and young women.“It's completely unacceptable to have asbestos in these products,” Katz says. “Asbestos if you inhale it or ingested it can lead to lung cancer it can lead to mesothelioma, which is cancer of the internal organs, and if you apply it over skin over time it can also increase the risk of skin cancer."Asbestos is a naturally occurring mineral that can be found in talc, a common product in many makeup products. But Katz says it's a company's responsibility to make sure the talc it uses hasn't been contaminated.“We need Claire's to remove these products from the shelves and we need them to figure out how asbestos got in their products to begin with,” Katz says. “We need Congress and the FDA to take action. We need to ban asbestos from beauty care products and makeup.”Right now, Katz and U.S. PIRG are urging us to avoid products with talc until federal laws change.It's not the first time Claire's has come under scrutiny for this. Just four months ago, Claire's pulled some items after independent lab tests found evidence of asbestos, then said its own initial testing found no problems.Regarding these latest allegations, Claire's released a statement saying,  1952

This week, Jada Pinkett Smith is engaging in a new conversation that's been difficult for women to talk about: hair loss. But it impacts millions of women, and instead of dealing with it alone, she wants to empower women to talk about it openly.One woman knows exactly what she's talking about. Almost every day DeAnn Payne picks out her wig the way many pick out clothes.It's something she's been doing for the last seven years, since being diagnosed with alopecia."I'll pick up an outfit now say 'Okay, I'm going to wear this wig,'" Payne said. "And my husband will say, 'That that one doesn't match that outfit.'"It's easier to laugh about it now, but when it first happened that was the last thing she wanted to do."It was traumatic," Payne said. "To deal with it. To deal with your own feelings because I love my hair."Payne's hair had always been long, but in 2011 it started falling out, and about two years later it was all gone."I was devastated," Payne said. "Yeah, I I didn't know what to think."As hard as it was to process what was going on outside, she said what was happening inside was even harder."Now what I can do? And is is ever going to come back? And how are people going to see me? I don't want people to see me," Payne said.It's a struggle many people often go through alone. That's why Payne said seeing someone like Jada Pinkett Smith sharing her struggles publicly is so powerful."I was in the shower one day and then just like handfuls of hair just in my hands," Pinkett said on her show Red Table Talk. "And I was just like, 'Oh my God am I going bald?'""People are going to see what she has," Payne said. "This, and is willing to come out and to tell others about it. And so I can be ok with this. It's not just me."As many as 6.8 million people in the United States are affected by Alopecia, a common autoimmune skin disease that causes hair loss on the scalp, face and sometimes other areas of the body. There are several types, including scarring alopecias, which are irreversible, and non-scarring alopecias, which are more common."Many of the non-scarring alopecia are reversible depending on the reason that they exist," said Dr. Michelle Draznin, a dermatologist with Kaiser Permanente.Draznin said non-scarring alopecia can caused by different issues like your autoimmune system, thyroid and even stress."It's really hard on people particularly women because I think it's not super socially acceptable to have hair loss in women," Draznin said. "And it can feel very very vulnerable. The good news is, that usually goes away."Even if her hair doesn't come back, Payne said she can and will live a productive life. A message she's glad to see others sharing. 2738

This year has been … wild. As many of us look ahead to 2021, it’s probably with a mix of hopefulness and optimism.The Pantone Color Institute, the color authority in the design industry, has revealed that the Color of the Year for 2021 is actually two colors, Ultimate Gray and Illuminating Yellow.“The selection of two independent colors highlight how different elements come together to express a message of strength and hopefulness that is both enduring and uplifting, conveying the idea that it’s not about one color or one person, it’s about more than one,” said Leatrice Eiseman, Executive Director of the Pantone Color Institute, in a press release.“Practical and rock solid but at the same time warming and optimistic, this is a color combination that gives us resilience and hope. We need to feel encouraged and uplifted, this is essential to the human spirit,” Eiseman added.This is the first time a shade of gray has been selected. Next year will be the second time two colors will share the spotlight, the first time was in 2016.Pantone has been selecting a Color of the Year for the last 22 years. The selected color typically influences packaging and product development."Our goal is to engage people in a conversation around color," Laurie Pressman, vice president of the Pantone Color Institute, told CNN. "It has to be organic. It has to be truthful to what's taking place."This color combination already popped up on fashion runways this fall, and will likely be seen on more products, apparel, home furnishings and packaging.They had selected Classic Blue for 2020, as a sense of reassurance as the world moved into a new decade."In retrospect, now we look back at it and think, 'Well, that was a fortuitous choice for the year,'" Eiseman told CNN recently. 1784

Things are sizzling in the back of this food truck as burgers are served with a side of bravado.Mike Schuster and Dominic Maldonado have been in the food truck game for almost seven years, and in that time the industry has boomed.“When we first hit the road, I think there were maybe 230 licensed food trucks in all of Denver. I think now it’s over 500,” said Schuster.Doubled in Denver and nearly doubled across the US.According to the US Census, in 2013 there were almost 3,300 food trucks in the US. That number grew to just under 6,000 in 2018. Sales have risen from 0 million in 2012 to .2 billion in 2017.“We’ve seen it, we’ve seen it in front of office buildings, we see it in the downtown core. And I’m not just talking because of COVID, I’m talking a natural business marker, alive and well within the hospitality and restaurant industry,” said Steve Chucri, the president of the Arizona Restaurant Association He says food trucks are here to stay in his state as well.“I think they’ll always have their place and their spot in the industry," Chucri said.A unique opportunity that food trucks have, they are a to-go business and most social distance guidelines during the pandemic don’t hold them back in the same way they do sit down restaurants.But that doesn’t mean the industry is not facing its own challenges.“Back when April hit and everything shut down, it was about a month and a half straight for us of just wedding cancelations, graduation party cancelations, party after party everyday,” Schuster said.“Food trucks depending on those office buildings to have people pouring out at 12 noon everyday and going to a food truck and buying. So, they’ve got to be hurting just like all of us are,” said Chucri.But with challenges come opportunity so Maldonado and Schuster got to work and got creative.“We started going after some of the business to serve some of the front line workers during the pandemic so we started serving some of the workers at King Soopers who were working their butts off through the whole thing. We fed some the Aurora 911 services, the ambulance services because they were working their butts off. We started doing hospital servings. We found a way to find where people were hungry, working still, needed to eat, and just didn’t have a lot of viable options,” said Schuster.Getting creative to get by. Just like a lot of us over the last several months.One thing that doesn’t change, wherever Maldonado and Schuster serve food, they serve it with heart.“When people come back to the truck for seconds and thirds, because they just want to try every flavor of slider we have, even when they’re stuffed. Even just that, even when they don’t even say anything, you know that they love it and they see the smile on their face and it’s great,” said Schuster. 2809

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