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As COVID-19, better known as coronavirus, continues to spread in the United States, the Dow Jones Industrial Average took a nosedive on Thursday.Minutes ahead of its close, the Dow was down more than 1,100 points.Thursday's losses come after a few days of wins for the stock market. Bolstered by a surprise cut in interest rates by the Fed, the stock market peaked at 27,000 points at midday Wednesday.As of 3:30 p.m. Thursday, the down had dipped back down under the 26,000 threshold.This story is breaking and will be updated. 540
Anthony Weiner was released Tuesday from prison custody after serving a 21-month sentence for sexting with a minor."It's good to be out," the former Democratic congressman from New York said after his release from Bureau of Prisons custody Tuesday morning. "I hope to be able to live a life of integrity and service. I'm glad this chapter of my life is behind me."CNN has reached out to the Bureau of Prisons and Weiner's lawyer.Weiner had been 457
Bipartisan Senate leaders agreed Tuesday to limit debate on a long-sought budget deal -- setting up a vote on the package Wednesday, according to Democrats -- and clear other key items off the chamber's to-do list before senators leave for a five-week Senate recess.Senators began a long series of nighttime procedural votes on judges and executive branch nominees including President Donald Trump's choice for UN ambassador, Kelly Craft. Final confirmation votes for many of the judges are expected Wednesday. Democrats said Republicans would not reach their goal of confirming 19 district court judges before the recess, and those remaining judges would have to wait until September to be confirmed.Meanwhile, Senate Republican leaders continued their aggressive whip the vote count on the spending caps and debt limit agreement, with an eye towards ensuring in passes with the support of at least half the GOP conference, unlike when it 952
AUORA, Colo. – The coronavirus epidemic is having a major impact on small Asian-run businesses in the United States. Some places say the number of customers has dropped by half. The Pacific Ocean Market has been a staple of Asian American businesses in Aurora, Colorado, for years."There is such a variety of places to eat and different types of food and things you don't normally see in the ordinary market," said one customer of the market. Within the last month, business at the market has been somewhat of a roller coaster ride since the new coronavirus first surfaced. "With people panicking across the country, we've heard stories in New York saying there's no more rice and Atlanta there's no more rice, so people have been continuing to stock up on that," said Betty Lam, one of the two daughters of the owner of the market. The outbreak began in China and quickly spread across Asia. Since then, a growing number of coronavirus cases have been confirmed in the U.S. and customers seem to be staying away from Asian American businesses as a precaution.According to The New York Times, business at shops that sell Asian products dropped by 70 percent in the first two weeks of February. The Chinese Merchants Association in San Francisco says foot traffic in their Chinatown district dropped by 50 percent."It's a little off and on right now,” said Lam. “We're not too sure how it's going to go." Lam says she’s already heard of businesses being affected."From the restaurants we work with, we have seen and heard that they're not doing very good and there have been a lot of customers and loyal customers who haven't been going to their restaurants due to the coronavirus." Lam hopes that the public continues to be educated and aware. That way, Asian businesses can still thrive during these times. 1819
As guacamole-loving Americans expressed concern on Monday over a possible closure of the US/Mexico border, those who enjoy a less healthy treat or an adult beverage might also need to be concerned. According to the Office of the US Trade Representative, the US imports nearly billion a year in agricultural products. While fresh fruit totaled billion, and fresh vegetables totaled .5 billion annually, the US also imports hefty amounts of snack food, beer and wine from Mexico. According to federal figures, the US imports nearly .1 billion a year in snack food from Mexico. The US also imports nearly .3 billion in alcohol from our southern neighbors. A Bloomberg 690