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NEW YORK (AP AND CNN) — A sharp loss for Facebook is helping to pull technology companies lower as stock indexes decline in early trading.Facebook slumped 5.3 percent early Monday. The company is facing new criticism following reports that a data mining firm employed by the Trump campaign improperly kept data on tens of millions of users.CNN reported that that Cambridge Analytica, a data firm with ties to President Donald Trump's campaign, reportedly gained access to information about 50 million Facebook users.The data was collected by a professor for academic purposes in accordance with Facebook rules, the company said. But then the information was transferred to third parties, including Cambridge Analytica. The transfer violated Facebook policies.Facebook's stock was on pace for its biggest loss in four years. The sharp loss also dragged tech companies lower for as U.S. stock indexes skid. Chipmaker Nvidia lost 1.1 percent.Shopping mall owner GGP was unchanged percent after Reuters reported the company had received a revised takeover offer.The S&P 500 fell 17 points, or 0.6 percent, to 2,734.The Dow Jones industrial average lost 174 points, or 0.7 percent, to 24,772. The Nasdaq fell 69 points, or 0.9 percent, to 7,412.Bond prices fell. The yield on the 10-year Treasury rose to 2.86 percent. 1360
NEW YORK (AP) — San Diego Padres star Manny Machado has been suspended one game and fined for making contact with an umpire who ejected him over the weekend for arguing called strikes.Machado is appealing the penalty imposed Monday by Chief Baseball Office Joe Torre. Machado can continue to play until there's a final ruling; the Padres play Milwaukee on Monday night.The third baseman had two hits and scored twice before being ejected by plate umpire Bill Welke in the fifth inning Saturday night in Denver after a called third strike. MLB said the punishment was for "aggressively arguing and making contact" with Welke.The 26-year-old Machado is batting .261 with 13 home runs and 39 RBIs for the Padres after signing a 0 million, 10-year contract in spring training. 783

NEW YORK (AP) — A popular online spoof of the children's favorite "Goodnight Moon," reworked for the coronavirus, will be published by Penguin Random House this fall. The Penguin imprint Philomel Books announced Monday that "Good Morning Zoom" is scheduled for Oct. 6. It's written by Lindsay Rechler and illustrated by June Park. Currently self-published, "Good Morning Zoom" takes Margaret Wise Brown's beloved bedtime story and turns it into a narrative about Zoom, bread baking, homeschooling, and other familiar parts of life during the pandemic. 559
NEW YORK — Tropical Storm Fay battered the Northeast Friday, not only drenching the region but causing rip currents, flooding, and bringing with it dangerous winds that damaged vehicles and prompted power outages.The storm brought heavy rain and gusty winds throughout the day, causing Flash Flood Warnings and advisories across the region. Parts of New Jersey, New York City and Long Island experienced flooding in some neighborhoods.Periods of heavy downpours continued through the afternoon and evening hours.Despite the downpours, the storm weakened after making landfall Friday afternoon.The storm system was expected to bring 2 to 4 inches of rain, with the possibility of flash flooding in parts of the mid-Atlantic and southern New England. That’s down from earlier forecasts of about 3 to 5 inches of rain.The fast-moving storm developed late Thursday afternoon off the coast of North Carolina and made its way to the tri-state area by late Friday morning.Tropical Storm Warnings, and Flash Flood Warnings and Watches and Flood Advisories, were issued for New York City and the surrounding areas as Fay was expected to bring torrential downpours and gusty winds of 39 to 57 mph.A Tropical Storm Warning remains in effect until further notice.Fay is the first Tropical Storm Warning in the New York area in the month of July since Hurricane Bertha in 1996.Strong winds could cause tree limbs and other objects to fall, leading to power outages. Thousands of residents in New York and New Jersey have reported power outages across the state.Along the coast, Fay caused heavy surf, creating some beach erosion along coastal sections. The risk for dangerous rip currents will be high and swimming is not advised. Despite all these issues along the coast, the risk for a storm surge will be minimal.Conditions may improve as early as Saturday morning. The sun will break out and temperatures could approach 90 degrees. During the afternoon, a cold front will approach bringing the risk of scattered showers and thunderstorms.It remains hot heading into Sunday with highs at around 90 again. The difference will be a slight drop in the humidity. 2156
Nine months into the COVID-19 pandemic and many people are inching by by making minimum payments on credit cards.But with Pandemic Emergency Unemployment Compensation set to expire next month, staying in good standing with your credit card companies may be getting harder.Many credit card companies are willing to set up a payment plan and waive fees or lower interests on your payments for a certain period of time, but there’s always fine print. There are other options without impacting your credit score.Getting by by making minimum payments on her credit cards, Jana Krause is feeling financially strapped."I'm finding myself in a position that I was able to make my credit card payments on time. Now I'm concerned that that’s not going to be a happening thing coming up in the next months," Krause said.With the Pandemic Emergency Unemployment Compensation set to expire next month, Krause reached out to her credit card companies hoping she can lower her minimum payments without having to go into a hardship program that would freeze her account and potentially impact her credit score."I'm stuck between a rock and a hard place," Krause said. "I've never experienced something like this in my life. I've never been out of a job."At 74, Krause is considered high risk for COVID-19, and going back to teaching wellness classes is not an option for her.Sara Rathner, a credit card expert at the finance company Nerd Wallet, said Krause is not alone."You can look into other options to free up cash in your budget to fulfill other obligations," Rathner said. "Turn to your utility companies, your landlord, your mortgage company, see what sorts of help they can provide. Maybe by freeing up cash in that way you’ll still be able to meet the minimum payments on your credit card."And if that’s not possible, research personal loans or debt consolidation programs. But beware of scams."You can start with non-profit credit counseling that can help you come up with a debt repayment plan and debt consolidation, or even just get help reworking your budget to see if you can free up money to pay your bills," Rathner said.Krause said she’s already cost-conscious doing groceries."I'm not going to one of my favorite stores and getting my favorite treats, nothing. I mean, all that’s been cut out," Krause said.Hardship payments programs may not be for everyone, but Rathner said weigh your priorities before you knock it."In an emergency, your credit score doesn’t need to be your first priority," Rathner said. "You can get yourself into a more stable situation and then focus on rebuilding your credit from there. Right now if what you need to do is keep a roof over your head, keep the lights on, and keep food on the table, that’s your number one priority."This story was first reported by Michelle Quesada at WPTV in West Palm Beach, Florida. 2856
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