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Semi-trucks are difficult to get through a drive-thru, and with many restaurant chains closing their dining rooms and turning to a drive-thru, to-go orders, or curbside service because of the COVID-19 pandemic, truck drivers could face some problems while out on the road.Well, McDonald's has come up with a 320
Senate Republicans are drafting a stopgap spending bill to extend the funding deadline for approximately 25 percent of the federal government until February 8, according to three sources.The decision to move forward on the short-term plan hasn't been finalized, the sources said. There are still senators who are urging GOP leaders to negotiate for a broader deal.A final decision likely won't be made until at least Wednesday, the sources said, and President Donald Trump still needs to sign off on any path forward.Senate Democratic leader Chuck Schumer of New York told reporters earlier Tuesday that Democrats would "seriously consider" supporting a short-term spending measure. 694
Stocks went into reverse just before lunchtime on Wall Street Monday. But nobody could figure out why.There weren't any major earnings or economic reports that came out. Yes, there was a big drop in construction spending for December. But it was largely expected. And it was an "old" report whose release was delayed by the government shutdown.Still, the Dow, which was up as much as 130 points shortly after the market opened, was down 400 points by mid-afternoon before cutting those losses nearly in half. The Dow finished the day with a 207-point drop.Boeing, the biggest component of the Dow and the best stock in the blue chip average so far this year, was one of the worst performers, falling nearly 2%. UnitedHealth, McDonald's, Walgreens, Verizon and Nike were among the biggest drags on the Dow too.Paul Nolte, a portfolio manager with Kingsview Asset Management, told CNN Business that he thinks investors are growing tired of talk about an imminent agreement on a trade deal between the United States and China and want more specifics."This is, what the 38th time, that we are 'close' to a trade deal?" Nolte quipped. "You can only cry wolf so many times. We need something more tangible than we're close."Mike O'Rourke, chief market strategist with JonesTrading, told CNN Business he agreed. He said investors may simply be looking for an excuse to sell considering that the Dow, S&P 500 and Nasdaq are all sporting double-digit percentage gains this year."We've gone up sharply on the potential for a deal. But now that the finish line is in sight people are selling the news," O'Rourke said, adding that a pullback is healthy since the"behavior of the past couple of months was atypical."Market slide is much ado about nothingBut Steve Chiavarone, global allocation portfolio manager and equity strategist with Federated Investors, said the sharp pullback Monday is puzzling because most of the economic headlines are still good. He said Monday's sell-off was merely "noise."He pointed out that bond yields have pulled back now that it looks like the Federal Reserve is not going to raise rates again this year. Earnings for the fourth quarter were mostly solid. And if the trade war does end, then the profit picture could improve further.What's more, economists are expecting another solid month of jobs growth when the employment report for February is released Friday.Others argued that investors are just growing nervous for technical reasons, namely that some of the major market indexes have recently topped round number milestones, such as the Dow crossing 26,000 and the S&P 500 passing 2,800."We've tested some of those October and November highs," said William Delwiche, investment strategist with Baird. "It's purely technical and that's probably why we started to see a little loss of momentum."But William Lynch, director of investments at Hinsdale Associates, summed up the mystifying midday move down best."I have no idea why stocks fell. I don't have a clue. I'm as perplexed as you are," he said.Sometimes stocks just go down, especially after they've enjoyed a strong run. It's as simple as that.The-CNN-Wire? & ? 2019 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3246
Puppies: cute balls of fur.But according to the Centers for Disease Control and Prevention, they're also linked to a multi-state outbreak of an infection that's resistant to multiple drugs.An outbreak strain of Campylobacter jejuni has been reported in 30 states and so far 30 people have been infected, the CDC said.Four have been hospitalized but no deaths have been reported, the 395
Someone won a .6 million lottery jackpot in Arizona. That would be really exciting -- if they had claimed it.Tickets expire after 180 days. The winning ticket was sold June 5 in Goodyear, Arizona, meaning the lucky ticket holder had until December 2 at 5 p.m. to claim the prize.But that deadline came and went. No one showed up to claim his or her prize. It's the largest prize ever in Arizona to go unclaimed."To claim any prize of 0 or more, a winner needs to sign the back of their ticket and come to one of the Arizona Lottery's offices," 562