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CORONADO - San Diego residents and visitors say they are feeling the psychological impacts of the falling stock market when it comes to their investing and spending. The Dow Jones Industrial Average dropped more than 650 points on Monday, its worst Christmas Eve performance ever. "My IRA is hurting," said James Adams, going to lunch in Coronado. "I can't really do too much. It's too late to move money around now so we just have to weather it and hope it goes back up."The Dow has dropped 15 percent in the last three weeks, pushed by political gridlock leading to a government shutdown, trade wars, amid rising interest rates. Alan Gin, an economist at the University of San Diego, said people tend to spend more when the stock market is doing well because they feel wealthier. However, the opposite happens when the market is on the downswing. Paul Aliu, visiting from Washington D.C., said it's scary for him to check his 401(k). He said he was reconsidering a trip to the Zoo after he found out the ticket was more than . "I'm watching every dollar and every penny that I spend," he said.Dennis Brewster, a San Diego financial adviser, said it's important to think long term and not panic. Selling now locks in any losses. "It's hard to keep your perspective when we're in the middle of these declines," he said. "I encourage people to keep a longer term view." 1379
CORONADO, Calif. (KGTV) - On Wednesday, Rear Adm. Collin Green sent notice to Chief Petty Officer Edward Gallagher that his status as a SEAL is under review, according to his lawyer.The process, commonly called a Trident Review, could strip Gallagher of his trident pin and remove him from the SEAL teams, though his rank and paygrade in the Navy would not be changed.“It’s ordinarily a procedure used for a substandard performer or somebody who’s committing safety violations,” said Timothy Parlatore, a civilian attorney for Gallagher.RELATED: Trump restores rank of San Diego Navy SEAL following war crimes caseParlatore said Gallagher is planning on retiring as soon as possible, so the move to strip his trident pin would not have any dramatic effect on his current role.“It has no legitimate value for someone about to retire,” said Parlatore. “It is purely a retaliation. They want to get their pound of flesh because they weren’t able to get it in the trial."In July, a jury acquitted Gallagher of war crime charges, including the allegation that he murdered a teenage ISIS captive and fired into a crowd of Iraqi civilians.RELATED: Navy upholds sentencing of Navy SEAL for posing with corpseBut the jury did find him guilty of posing for a photo with the ISIS captive’s dead body. He was sentenced to four months behind bars and a demotion to E-6 — or Petty Officer First Class.Last week, President Donald Trump stepped in, restoring Gallagher’s rank and pay grade back to Chief Petty Officer.The White House released a statement that read, in part, “As the President has stated, 'when our soldiers have to fight for our country, I want to give them the confidence to fight.‘"RELATED: Navy SEAL Edward Gallagher demoted a rank, docked pay for four monthsParlatore said the decision to initiate a Trident Review for his client is mostly symbolic but plans to fight it.“Chief Gallagher has no intention of quietly retiring,” he said.Parlatore also directly targeted Rear Adm. Green, who oversees the Navy SEALS.RELATED: Navy SEAL on trial: DNA experts, more SEALs testify in Edward Gallagher trial“If I were in charge, I would arrest Admiral Green and have him charged with witness retaliation,” Parlatore told 10News.A spokesperson for the Navy SEALS did not respond to requests for comment by 10News. Cmdr. Sarah Higgins, a spokesperson for Navy Secretary Richard V. Spencer, did not comment directly on the review, but wrote in a statement, “Secretary Spencer supports his commanders in executing their roles, to include Rear Adm. Green.”The review hearing is scheduled for Dec. 2 and 4 in Coronado. 2617

CVS and Walgreens are gearing up to give coronavirus vaccines - in long-term care facilities, not retail stores - once the FDA approves one for emergency use.According to CNN, CVS would administer the shots by mid-December, and Walgreens plans to start distributing within days of receiving them.In October, the U.S. Department of Health and Human Services (HHS) announced agreements with both companies to give vaccinations to long-term care facility residents nationwide with no out-of-pocket costs.According to the HHS, both companies will schedule and coordinate on-site clinic date(s) directly with each facility.The HHS said that residents and staff would likely need three total visits over two months to be given both vaccine doses."CVS Health has been on the frontlines of the fight against COVID-19, working across the health care spectrum in all the communities we serve, and that will continue to be the case when we have a vaccine to dispense," said Troy Brennan, Chief Medical Officer, CVS Health in a press release.On Tuesday, the CDC's Advisory Committee for Immunization Practices is having an emergency meeting, which will take place from 2-5 p.m. ET, to vote on who they recommend should be the first in the U.S. to get vaccinated once one is authorized. 1281
Coutry's biggest stars flocked to Nashville for the CMA Awards.The 51st annual CMA Awards show honored country artists and musicians and include performances from some of the music industry's biggest stars.PHOTOS: Stars Walk The CMA Red CarpetThe red carpet was rolled out Wednesday for stars to make their big entrances before the show.Nashville-based WTVF live streamed their interviews from the red carpet. 433
CORONADO, Calif. (KGTV) - About 100 people came to worship at Glorietta Bay Park in Coronado on Friday.The 'Saturate OC' event was held by a Southern California congregation. They hold worship services and baptisms along beaches and waterfronts.It is the second 'Saturate OC' event in San Diego County in back to back weeks."It would be hard to understand if you're not a believer, but we prayed about it, and thought this was the next place we were supposed to come," said Parker Green, co-director for 'Saturate OC.'They held a worship service in Oceanside on Aug. 28, which drew hundreds of people. There were people seen not wearing face coverings or social distancing at that event.Green says they have face coverings at the event to people who want them. They also provide hand sanitizer. He also added he doesn't know of one person that got sick from their events."People can wear masks or not, we tell them to bring masks on our social media, but I think the crowd we tend to draw would be folks that would wear a mask in a public setting, especially outside," he said.People at the Coronado worship service appeared to be more spaced apart than those in the Oceanside event.Members of the county's Safe Reopen Compliance Team were at the event talking to people. They were also at the Oceanside event. 1318
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