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Texas GOP Lt. Gov. Dan Patrick said after the nation's latest school shooting in Santa Fe, Texas, that teachers need guns, parents should secure firearms safely at home, and schools should eliminate some of their entrances."We need our teachers to be armed," Patrick said Sunday on CNN's "State of the Union."Patrick also called for "gun control at home," with firearms out of childrens' reach, but declined to say whether he would support requiring that by law, saying Texas holds gun owners "very responsible.""Be sure that your kids and grandkids or anyone who might have access to your home cannot get your guns," Patrick said. 639
Stock market volatility is back in a big way: The Dow is set for a big rally Friday after a two-day meltdown.Dow futures pointed to a 350-point jump at the open. The Dow lost 1,378 points over Wednesday and Thursday.The broader S&P 500 also looked like it would rally, with futures about 0.9% higher. The Nasdaq, which has taken the brunt of the recent stock market turbulence, was set to rise 1.5%.Why are markets suddenly bouncing back? News late Thursday that President Donald Trump would meet next month with Chinese leader Xi Jinping at the G-20 summit eased some of investors' fears about another trade war escalation. On Friday, China reported its exports rose nearly 15% in September, stronger than expected. That suggests China is weathering the first waves of new tariffs that the Trump administration imposed on billion of Chinese exports this summerEarnings season also kicked off Friday morning, with JPMorgan (JPM) and Citigroup (C) reporting their quarterly finances before the bell. Wall Street analysts expected banks to post another incredibly profitable quarter — and JPMorgan managed to beat their already lofty expectations.In times of market turbulence, there's nothing like soaring profits to calm investors' nerves.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear that tech companies may not hold up well in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.But Big Tech on Friday looked to regain some of their losses. Facebook (FB) rose 1%, Amazon (AMZN) was up 3%, Apple (AAPL) rose 2%, Netflix (NFLX) was up 4% and Google (GOOGL) bounced back 2%.Asian and European markets also came back Friday. The Hang Seng soared 2.2%. Stocks in Shanghai rose 0.9% and the Nikkei rose 0.5%. Stocks in London, Germany and France all rose about a half percentage point.Stocks had turned sharply south over the past week because investors are concerned about rising interest rates. As the Federal Reserve raises rates to keep the economy from overheating, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits.The VIX volatility index touched its highest level since February.The-CNN-Wire 2531

Suffering from slumping sales and mountains of debt, Toys 'R' Us has filed for bankruptcy.The 69-year old Toys R Us was once the mecca of kids' gifts. But it was eventually overtaken by Walmart and ultimately Amazon.In its fight to stay relevant, Toys R Us amassed billion in debt. That came from slashing prices, signing major,exclusive licensing deals with toymakers and buying up other toy giants FAO Schwartz and KB Toys over the past decade. 467
Supreme Court Justice Ruth Bader Ginsburg fell in her office Wednesday evening, according to a statement Thursday morning from court Public Information Officer Kathy Arberg.Ginsburg, 85, went home afterward, but she experienced "discomfort overnight" and went to George Washington University Hospital early Thursday, Arberg noted: "Tests showed that she fractured three ribs on her left side and she was admitted for observation and treatment."Falls are "incredibly dangerous," said Dr. Adam Shiroff, director of the Penn Center for Chest Trauma and an associate professor of trauma surgery at Penn Medicine. "Every trauma center across the country sees falls as an incredible problem, particularly in the elderly." 723
TALLAHASSEE, Fla. -- Governor Ron DeSantis has vetoed a bill that would have raised the minimum smoking age to 21 in Florida.Earlier in the year, the state was poised to raise the minimum age for smoking and vaping to 21. But on Tuesday, in a letter sent to the Department of State Secretary, Gov. DeSantis explained that banning vaping would be "more dangerous" for hundreds of thousands of Floridians who rely on the reduced-risk alternatives to cigarettes.Gov. DeSantis said in the letter that the bill -- Senate Bill 810 -- would lead more people to go back to smoking cigarettes and would "drive others to the hazardous black market."While Gov. DeSantis says it's "an important goal" to get younger Floridians to cut down on vaping, he said in the letter that the goal will not be achieved with the passage of the bill.Prior to being vetoed by the governor, Senate Bill 810 would have also banned sales of flavored vaping products.Below is Gov. DeSantis' letter to the state:Below is the now-vetoed Senate Bill 810:This article was written by KJ Hiramoto for WFTS. 1078
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