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Stock market volatility is back in a big way: The Dow is set for a big rally Friday after a two-day meltdown.Dow futures pointed to a 350-point jump at the open. The Dow lost 1,378 points over Wednesday and Thursday.The broader S&P 500 also looked like it would rally, with futures about 0.9% higher. The Nasdaq, which has taken the brunt of the recent stock market turbulence, was set to rise 1.5%.Why are markets suddenly bouncing back? News late Thursday that President Donald Trump would meet next month with Chinese leader Xi Jinping at the G-20 summit eased some of investors' fears about another trade war escalation. On Friday, China reported its exports rose nearly 15% in September, stronger than expected. That suggests China is weathering the first waves of new tariffs that the Trump administration imposed on billion of Chinese exports this summerEarnings season also kicked off Friday morning, with JPMorgan (JPM) and Citigroup (C) reporting their quarterly finances before the bell. Wall Street analysts expected banks to post another incredibly profitable quarter — and JPMorgan managed to beat their already lofty expectations.In times of market turbulence, there's nothing like soaring profits to calm investors' nerves.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear that tech companies may not hold up well in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.But Big Tech on Friday looked to regain some of their losses. Facebook (FB) rose 1%, Amazon (AMZN) was up 3%, Apple (AAPL) rose 2%, Netflix (NFLX) was up 4% and Google (GOOGL) bounced back 2%.Asian and European markets also came back Friday. The Hang Seng soared 2.2%. Stocks in Shanghai rose 0.9% and the Nikkei rose 0.5%. Stocks in London, Germany and France all rose about a half percentage point.Stocks had turned sharply south over the past week because investors are concerned about rising interest rates. As the Federal Reserve raises rates to keep the economy from overheating, 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.The VIX volatility index touched its highest level since February.The-CNN-Wire 2531
TEMPE, Ariz. — A Tempe bar is under investigation for allegedly allowing employees who had tested positive for COVID-19 to continue working, as well as allegedly violating the governor's executive order to enforce social distancing measures, the Arizona Department of Liquor Licenses and Control said Thursday.According to a news release, Varsity Tavern, a bar and restaurant in downtown Tempe, reportedly told the Arizona Department of Liquor on Wednesday that it had closed in light of the investigation. Its license has been deemed inactive, which prevents the business from buying or selling alcohol.John Cocca, director of the department, will seek to revoke the venue's liquor license, the news release said.Varsity Tavern faces the following alleged violations:Multiple instances where management required or permitted employees who had tested positive for COVID-19 to continue workingManagement failed to take appropriate measures to notify the Arizona Department of Health Services (ADHS) or other agencies, employees, or customers that employees who had tested positive had worked while symptomaticManagement failed to create or enforce written policies in compliance with the executive order, CDC or ADHS guidelinesManagement failed to enforce social distancing guidelines requiring masks or limiting groups to gatherDepending on the outcome of the investigation, penalties could include suspension or revocation of the bar's liquor license, and up to ,000 in fines per violation, according to the notice given to Varsity Tavern.Because of the seriousness of the charges, anyone with information is asked to call the Department's Investigations Division at 602-542-9062. 1691

States and districts across the country are unveiling their plans for the nation’s 56 million school children to return back to school. It’s a stressful time for parents and teachers, as well as students. Experts say it’s important to recognize the signs your child may not be ready to go back.“I really want to see friends and see teachers, and like, being actually inside the classroom,” said 14-year-old sophomore Amina Ahmad.Still, there is an uneasiness about whether a return to the classroom would lead to an outbreak.“Some people really are kind of worried about how many students are actually going back and how many people are going to be there,” said Ahmad.Politicians, school administrators, and parents are all weighing the potential risks of returning to the classroom. As novel coronavirus cases surge across the country, experts say the psychological toll on children needs to be addressed.“One of the things that we're seeing a lot is that after being away from that routine for a long time, it is normal for families and for youth to be concerned about ‘how is this going to be?’” said Dr. Tali Raviv, a child clinical psychologist at the Ann & Robert H. Lurie Children's Hospital of Chicago who specializes in student mental and health resilience.The American Association of Pediatrics says the benefits of in-person learning outweigh the risks and “…strongly advocates that all policy considerations for the coming school year should start with a goal of having students physically present in school.”But mental health experts say it’s important to understand how each child feels about going back.“Because it's a very different situation if a child is worried, ‘I'm not going to have my best friend with me in my little pod’ than if they're saying ‘I'm worried I'm going to get sick and die’ or ‘you're going to get sick and die,’” explained Dr. Raviv.Dr. Raviv says signs that your student is anxious about returning to school include:Any significant changes in sleep, falling asleep, staying asleep, not wanting to sleep alone or having nightmaresChanges in appetite or a lack of appetiteHeadaches or stomach achesBeing more irritable, frequent meltdownsWithdrawal from friends, family, other activitiesDr. Raviv says if the anxiety is debilitating, it may be time to see a professional.For sophomore Ahmad, her school’s hybrid schedule, alternating in-person and online classes, has put her mind at ease for now. 2448
Stay-at-home orders, lockdowns, and concerns about traveling to new cities and locations during the coronavirus pandemic may have many people dreaming of world travel in 2021 and beyond.To help with those vision boards and future planning, National Geographic has released their annual “best of the world” list of destinations on the rise. Their 2021 list features “25 amazing places to inspire future journeys and remind us why we love to travel.”The publication focused on five categories to narrow down their list of suggested destinations: sustainability, family, nature, adventure and culture.The list includes majestic mountainous hikes in Katmai National Park in Alaska, Los Glaciares National Park in Argentina, and the Svaneti region in the country of Georgia.Staying closer to home, the list includes domestic cultural locations that offer up historic reminders of race relations and our culturally diverse world: the Pueblo Nations in New Mexico, historic sites in Tulsa, indigenous cultures in British Columbia, and Chamoru culture in Guam.Or take in the wonder of nature at Isle Royale in Michigan, Yellowknife in Canada’s Northwest Territories, or visit a 5th Century shipwreck and marine haven in Greece.“The joy of travel comes from the unexpected. Now is the time to dream of your next journey and lay the foundation for your next trip. We hope our list of the new year’s most important places will inspire you. We look forward to seeing you out in the world soon!” National Geographic editors posted on their website. 1543
The body of Saudi journalist Jamal Khashoggi was dismembered after he was strangled upon entering the Saudi consulate in Istanbul early this month, the chief prosecutor's office in Istanbul said Wednesday.This was carried out as part of a premeditated plan, according to a statement by the chief prosecutor's office.The statement is the clearest yet from the Turkish authorities about the fate of the Washington Post journalist, whose remains have not yet been found."The victim's body was dismembered and destroyed following his death by suffocation," the statement said."In accordance with plans made in advance, the victim Jamal Khashoggi, was choked to death immediately after entering the Consulate General of Saudi Arabia in Istanbul on October 2, 2018."Turkish President Recep Tayyip Erdogan on Friday demanded that Saudi Arabia reveal the location of Khashoggi's body and hand over 18 suspects. 910
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