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The Trump administration took another whack at the Affordable Care Act on Wednesday.Officials unveiled a final rule that will make it easier to obtain coverage through short-term health insurance plans, which don't have to adhere to the law's consumer protections.The move would reverse an Obama administration decision to limit the duration of short-term plans to no more than 90 days in order to make them less attractive. Insurers will soon be allowed to sell these policies for just under a year. They can be renewed for up to 36 months, though that renewal isn't guaranteed. 587

The stock market is still sinking but the selling frenzy has eased just a bit.The Dow opened down about 100 points on Thursday morning, rebounding from sharp overnight losses. The Nasdaq started positive before slipping back into the red. The S&P 500 lost about 0.6%.Wall Street is attempting to recover from Wednesday's plunge, which wiped 832 points off the Dow. The Nasdaq in particular has gotten rocked in recent days. Investors have bolted from the index, which contains many tech stocks, because they are concerned about holding some of the market's riskiest stocks in a downturn. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.The S&P 500 was on pace for its sixth-straight decline, something that hasn't happened since just before President Donald Trump's election nearly two years ago. And the Nasdaq has already plunged 8% this month."Halloween started early this month for investors," Ed Yardeni, president of investment advisory firm Yardeni Research, wrote to clients.Concerns about inflation were eased a bit by a report released on Thursday that showed consumer prices rose in September less than feared.Still, tech stocks including Amazon and Apple lost ground in early trading. Square (SQ) slumped 6% after announcing the departure of its chief financial officer. But other tech stocks showed signs of life. Netflix and Twitter were trading flat to slightly higher.Stocks have turned sharply south because investors are increasingly concerned about rising interest rates. As the Federal Reserve raises rates to prevent runaway inflation, 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. America's increasing debt load, a trade war with China and a slowing global economy have also unnerved investors.Wednesday's "rout has shaken investor confidence," Nicholas Colas, co-founder of DataTrek Research, wrote to clients. "That will take time to rebuild."The Dow plunged 832 points, or 3.2%, on Wednesday. Tech stocks took a beating, sending the Nasdaq tumbling 4% — its worst day since the Brexit referendum of June 2016.That dragged down stock indexes in the United Kingdom, Germany and France on Thursday, all of which fell more than 1%. Benchmark indexes in Shanghai and Tokyo closed down 5.2% and almost 4%, respectively. Hong Kong's market was down over 3%.The S&P 500's 3% plunge on Wednesday was rare. It's only happened in 0.6% of all trading days since 1952, according to Bespoke Investment Group.The good news is that the market often springs back to life after such a deep sell-off. Bargain hunters scoop up beaten-down stocks and calmer heads prevail. On average, the S&P 500 has gained 0.4% the day after a 3% slide, Bespoke said.That's what happened in February after the S&P 500 twice suffered 3% drops caused by fears about rising bond yields. Both sell-offs were followed by rebounds of more than 1% the next day.But Yardeni is optimistic the market will rebound because corporate profits are robust and no recession is in sight."We remain bullish on the outlook for earnings, and expect the market to recover and make new highs going into next year," Yardeni wrote.The-CNN-Wire 3435

The search for Naya Rivera will continue this morning at Lake Piru. The lake will be closed to the public while search operations continue. Dive teams from throughout the region will be assisting us through mutual aid. @VCAirUnit @Cal_OES @fillmoresheriff pic.twitter.com/q6LsHd8xaT— Ventura Co. Sheriff (@VENTURASHERIFF) July 9, 2020 342

The students-turned-activists who survived a mass shooting at their Florida high school last month are featured on the glossy cover of Time magazine.The magazine on Thursday revealed the cover of its April 2 issue, which features Marjory Stoneman Douglas students who are leading the national conversation about gun control in the wake of the Valentine's Day shooting that claimed the lives of 17 students and faculty members.Emma González, David Hogg, Cameron Kasky, Alex Wind and Jaclyn Corin all appear on the cover, with the word "ENOUGH," written in bold letters and imposed across the image. The accompanying story was also posted on Time's website.In the five weeks since the massacre, the Parkland, Florida, students have been transformed into high-profile gun control advocates, leading school walkouts and meeting with lawmakers as they demand steps be taken to address the issue of gun violence in America.The cover was revealed two days before the students and their allies rally in Washington for the March for Our Lives, a demonstration organized by the student group #NeverAgain and the gun control organization Everytown for Gun Safety. 1185

The reboot of "Lizzie McGuire," which was to air on Disney+, is no longer happening.Actress Hilary Duff, who played the lead on the original Disney Channel series that ran from 2001 to 2004, announced on social media Wednesday that the reboot wouldn't happen despite everyone's best interests.In 2019, Disney announced they were relaunching the show. According to The Hollywood Reporter, after several delays, including the firing of creator and revival showrunner Terri Minsky, grounded production after they'd already shot two episodes.Original cast members Adam Lamberg, Hallie Todd, Robert Carradine, and Jake Thomas were set to reprise their roles as well, Variety reported.According to CNN, Duff made a public plea in February asking the series be moved to Disney-owned Hulu from Disney+ so that the show could be a more adult-friendly version. 858