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The word "first" is probably going to come up a lot on Tuesday.The House of Representatives is expected to see its first female Native American member. One way or another, Arizona will elect its first female senator. And Nevada might become the first state to have a Legislature made up of a majority of women.PHOTOS: Voter turnout around the nationBelow is a list of some of the most prominent firsts that could happen this fall: 438
The U.S. government is investigating the Equifax breach.In an unusual move, the Federal Trade Commission confirmed on Thursday that it has opened a probe into the Equifax debacle, which may have compromised the personal information of as many as 143 million Americans."The FTC typically does not comment on ongoing investigations," Peter Kaplan, the FTC's acting director of public affairs, said in a statement. "However, in light of the intense public interest and the potential impact of this matter, I can confirm that FTC staff is investigating the Equifax data breach."A spokesperson for Equifax said the company is "actively engaging with and being responsive to regulators, federal agencies and legislators and expect to continue to do so in the future."The company's stock dropped another 8% in early trading Thursday following the FTC statement. The stock fell 15% on Wednesday on investor concerns of an impending investigation.The confirmation comes one day after Sen. Mark Warner sent a detailed letter to the acting head of the FTC calling for an investigation into Equifax's handling of the breach.In particular, Warner called for the agency to scrutinize Equifax for potential security lapses and its poor handling of customer service after the breach was disclosed.Earlier this week, a bipartisan group of dozens of senators also sent a letter urging the FTC, Department of Justice and the Securities and Exchange Commission to investigate Equifax over its executives' stock sales.Three Equifax executives sold shares of the credit-reporting firm worth nearly million shortly after the breach was discovered. The sales came before the breach was announced to the public.Equifax may not be the largest data breach ever in terms of the number of people affected, but it may be more significant because of the sensitive information at risk: social security numbers, addresses and the numbers of some driver's licenses.Maura Healey, the attorney general of Massachusetts, said this week she intends to file the first state lawsuit against Equifax over the breach.Jeb Hensarling, a Republican Congressman from Texas and the chairman of the House Financial Services Committee, said last Friday that preparations are already underway for a congressional hearing on the matter. 2361
The Scripps National Spelling Bee has released the 27 titles that are on its 2020-21 Great Words, Great Works booklist.The list of books is for students that span from first to eighth grade and will help students prep for their annual school spelling bee with a list of 450 words that are on the School Spelling Bee Study List each year."Parents and teachers are always looking (especially during the summer) for reading suggestions for kids," The Scripps National Spelling Bee said. "The Scripps National Spelling Bee recognizes the important connection between reading and spelling. Before our competitors were great spellers, they were great readers. With that in mind, the Bee team intentionally selected its school-level spelling study words from engaging, age-appropriate books. The Bee organized those titles into the Great Words, Great Works book list. This year, students can expand their vocabularies and their world views while hearing from a diverse cast of characters on topics such as climate change, homelessness, immigration, gender identity, and the power of dreaming. Messages of friendship, hope, and overcoming adversity connect all 27 books, creating bridges between different cultures and life experiences."Here is a sampling of this year's Great Words, Great Works list:Sulwe by Lupita Nyong’oThe Dog Who Lost His Bark by Eoin ColferAda Twist and the Perilous Pants by Andrea BeatyWhales on Stilts by M.T. AndersonA Monster Like Me by Wendy S. SworeNo Fixed Address by Susin NielsenLily and Dunkin by Donna GephartThe Bone Houses by Emily Lloyd-JonesFor a Muse of Fire by Heidi HeiligThe Silmarillion by J.R.R. TolkienThe complete list is available on the Bee’s website. 1701
The Wall Street roller coaster started to climb again.The Dow closed up 401 points, or 1.6%, on Thursday. The broader S&P 500 gained 1.9% and the Nasdaq surged 3%, its best day since March. Stocks bounced back after a sharp drop Wednesday that sent the Nasdaq into a correction.The market has slumped badly in the past several weeks, but it hasn't fallen in a straight line. Volatility is spiking, and huge sell-offs have been interspersed with big gains, including October 16's 548-point jump for the Dow and October 12's 287-point gain.Still, the back and forth has been heaviest in one direction: down. The S&P 500 was less than a percentage point drop away from entering a correction Wednesday. Investors had been looking for strong corporate earnings to drag stocks out of the doldrums, but earnings have disappointed this quarter. That gave already nervous investors more anxiety."No matter how good the report or how positive the guidance, investors are looking for the exits," said Justin Walters, cofounder of Bespoke Investment Group, in a note to investors Thursday. "Companies that are reporting earnings this season are getting slaughtered."The average stock has fallen 2% the day after reporting earnings this quarter -- the worst performance of the 21st century, according to Walters.Concerns about rising rates and the trade war have spooked the markets this month. The S&P 500 has fallen 7% in October. And the Nasdaq is down 9%, on track for its worst month since November 2008. Only 13% of stocks are trading above their 50-day moving averages, evidence that Walters believes suggests stocks have been oversold.Investors agreed on Thursday at least. They saw a buying opportunity, particularly in tech.All of the FAANG stocks were up more than 2%. Amazon led the pack, up 7%.Twitter (TWTR) spiked 16% after reporting higher profit and more engaged customers despite losing users overall. Netflix (NFLX) rebounded after plummeting 9% Wednesday. Microsoft (MSFT) rose about 6% after reporting strong earnings the night before.Tesla (TSLA) was up 9%. The company reported by far its most profitable quarter in history late Wednesday, lessening concerns of a looming cash crunch that had been weighing on shares.Tech will be tested again later on Thursday: Alphabet, Amazon (AMZN), Snap (SNAP) and Intel (INTC) all will post their quarterly financial report after the bell.Southwest (LUV) fell 9% after reporting higher oil prices would pinch profit in the future. But American Airlines (AAL) rose 7% following strong earnings Thursday morning.The Dow tumbled more than 600 points on Wednesday, and the Nasdaq lost 4%, its worst one-day percentage drop in more than seven years. 2768
The rescue of 11 hungry children in Amalia, New Mexico, on Friday began with a mysterious tip delivered to a detective across the country, in Clayton County, Georgia, from where young Abdul-Ghani Wahhaj vanished in November."We are starving and need food and water," read the message that provided the impetus for the raid on the rural compound near the Colorado border.New York imam linked to caseThere, authorities found the emaciated children -- the youngest 1, the oldest 15 -- in a squalid underground trailer, along with three women in their 30s, apparently the youths' mothers.After a standoff, police also took into custody two armed-to-the-hilt men -- one of them Siraj Wahhaj, 40, Abdul-Ghani's father.But they didn't find Abdul-Ghani that day. On Monday, investigators returned and found the remains of a young boy whose identity is awaiting confirmation, Taos County Sheriff Jerry Hogrefe said.Here's what we know of the youngster whose disappearance ultimately set the New Mexico raid into motion: 1018