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CORONADO - San Diego residents and visitors say they are feeling the psychological impacts of the falling stock market when it comes to their investing and spending. The Dow Jones Industrial Average dropped more than 650 points on Monday, its worst Christmas Eve performance ever. "My IRA is hurting," said James Adams, going to lunch in Coronado. "I can't really do too much. It's too late to move money around now so we just have to weather it and hope it goes back up."The Dow has dropped 15 percent in the last three weeks, pushed by political gridlock leading to a government shutdown, trade wars, amid rising interest rates. Alan Gin, an economist at the University of San Diego, said people tend to spend more when the stock market is doing well because they feel wealthier. However, the opposite happens when the market is on the downswing. Paul Aliu, visiting from Washington D.C., said it's scary for him to check his 401(k). He said he was reconsidering a trip to the Zoo after he found out the ticket was more than . "I'm watching every dollar and every penny that I spend," he said.Dennis Brewster, a San Diego financial adviser, said it's important to think long term and not panic. Selling now locks in any losses. "It's hard to keep your perspective when we're in the middle of these declines," he said. "I encourage people to keep a longer term view." 1379
Clear Creek at I-45 is an impressive sight this morning. #houwx #glswx #txwx #Beta https://t.co/I9p1EMKuG6— NWS Houston (@NWSHouston) September 22, 2020 160
COLUMBIA, S.C. (AP) — James Brown, the Godfather of Soul, had a dying wish to help educate needy children. But his estate has been held up by 14 years of legal battles. Now the South Carolina Supreme Court has ruled unanimously that Tomi Rae Hynie, a former partner of Brown's who claimed to be his wife, was not legally married to the singer due to her failure to annul a previous marriage, and therefore has no right to his estate. Brown's union with Hynie has long been the center of the evolving legal troubles following his death at the age of 73 on Christmas Day 2006. 582
Considered one of the top architectural marvels of all time, the Great Wall of China draws millions of travelers to its fabled stones every year.Earlier in August, home rental website Airbnb launched a new contest called "Night at the Great Wall," in which four people and their guests would have got the chance to sleep in a custom-designed "home" set in one of the UNESCO-listed structure's towers.Judging by the photos of the set-up provided by Airbnb, the once-in-a-lifetime experience would have been quite spectacular -- but not everyone thought it was a good idea.Airbnb received mixed feedback on the concept -- amidst concerns that the competition could cause damage to the famous wall."We deeply respect the feedback we have received," said Airbnb in a statement. "We have made the decision to not move forward with this event." 846
COLORADO SPRINGS, Colo. – You’ve probably heard of a police ride-a-long, but we guarantee you haven’t seen one like this.A police officer in Colorado Springs was on his way to a car crash Thursday night when, out of nowhere, a raccoon jumped onto the windshield of his patrol car.In a post on Facebook, police said the officer was “pawsitively surprised” to see the animal on his windshield.The officer pulled the car over and the raccoon jumped off and went on its way. 478