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The Dow fell 460 points Friday as a leading indicator of a US recession and concern about a global slowdown spooked investors.The index shed 1.8%, while the S&P 500 closed down 1.9%. The Nasdaq plunged 2.5%. It was the worst performance for all three major indexes since January 3.The yield on 3-month Treasuries rose above the rate on 10-year Treasuries for the first time since 2007 — a shift that scared Wall Street. Investors have piled back into stocks after a sell-off in late 2018.The flattening yield curve, or the difference between short- and long-term rates, has worried investors for months. A narrowing spread is typically seen as sign that long-term confidence in the economy is waning, which could signal an eventual economic contraction.Friday's flip added to pressure on the Dow that was building before US markets opened.The index stumbled at the bell on poor manufacturing data from Germany, which also spelled trouble for the country's bond market. The yield on Germany's benchmark 10-year government bond fell below zero for the first time since October 2016.All of that news is fueling Wall Street's ongoing concerns about slowing global growth.White House economic adviser Larry Kudlow told CNBC last year that the spread between 3-month and 10-year Treasury yields was important to watch."It's actually not 10s to 2s; it's 10s to 3-month Treasury bills," Kudlow 1402
Telluride is a small mountain town in Colorado that is famous for its world-class ski slopes.But soon, it might be known for its effort to fight the coronavirus."We were approached by a couple that lives in town, long time locals who happen to own a biomedical company," said Dr. Sharon Grundy, San Miguel County Public Health Officer"They were gracious and offered the testing for free to our entire county which is just an unheard-of opportunity," said Grace Franklin, Public Health Director, San Miguel CountyUnited Biomedical decided to launch its new coronavirus test in San Miguel County."This affects every area of the country and by creating a very clear and consistent cohort, like a small enough group that you can test everybody you can create the model that you can show how that would work," said Lou Reese who lives in Telluride with his wife Mei Mei Hu and their kids. They're also the co-CEOs of the company United Biomedical.The test developed by the company is different from the nasal and throat swabs you're used to knowing. "The test is a serum blood screening ELISA," said Reese."Antibodies for COVID-19, so a completely different test than the nasal swab," Grundy added.The test draws blood and analyzes if your immune system is fighting COVID-19. The test is similar to a test that detects HIV.The county says they expect to get test results in 48 hours. So far, the fastest they've gotten results from a swab test is five days.The plan is to test all of the county's 8,000 residents twice, 14 days apart. People sign up - but no one has to take it. Though the residents we talked to say they're eager to participate."This morning, I was able to fill out an application to take the test," said Kathleen Cole, who lives in Telluride."More information is always going to be helpful, and we'll let the experts take it from there," said John Neumann, who lives in Telluride.The health department says testing the county's entire population will help them make decisions about how to fight the virus best."By seeing how the disease is spreading in our county, or not, how can we start to lift and allow little pieces of normalcy come back in, in a way that will still protect our residents and minimize the burden on our medical facilities," said Franklin.Reese says after San Miguel County, he expects to scale the test across the country, though he wouldn't reveal exactly where."We went from, a week ago, ten thousand tests a week to now between one and two hundred thousand a week, and in the next month, we'll be at a million a day," said Reese. As the pandemic continues to happen, this is just another weapon in the fight against coronavirus. 2680

The family of a woman with dementia who survived for six days in her snowbound SUV in Northern California said they feared the worst. Deputies rescued 68-year-old Paula Beth on Wednesday after a helicopter flying over a remote, mountainous community spotted her car. Her stepdaughter 296
The 5-year-old boy who was thrown off a third-floor balcony at the Mall of America in Minnesota has been transferred from the intensive care unit to rehab, according to a post on his family-run GoFundMe account.The family says the boy, identified only as Landen, "has endured so much already."Landen suffered numerous broken bones, head trauma and severe bleeding, according to 390
The father of a Sarah Lawrence College student was indicted on charges Tuesday for allegedly manipulating, abusing and extorting his daughter’s friends and other victims in a scheme netting him about million over nearly a decade, Manhattan U.S. Attorney Geoffrey Berman said.Lawrence Ray, 60, coerced false confessions from at least seven victims who admitted damages to him, his family, or friends and then extorted restitution in large sums of money, unpaid labor or prostitution, 498
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