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The Silicon Valley company announced Thursday that it would build a billion campus in Austin, Texas, as well as "establish new sites" in San Diego, Seattle, and Culver City, California. 188
The return of volatility once again raises concern the stock market finally will descend into bear territory, defined as a drop of at least 20% from the most recent high. Even though there have been five slumps in excess of 10% over the past nine years, U.S. stocks still are in the midst of the second-longest bull market in history.“People are wondering, ‘how long can this [bull market] last?’” Jennerjohn says. “It’s almost like a constant run of good luck at the gambling table and it’s eventually going to turn on you.”“This scares clients from putting money in the market because they’re convinced the day after they put it in, there will be a 20% correction,” Jennerjohn says. “And then five months later it could have gotten an 8% gain if they hadn’t sat on the cash.”During periods of volatility, in the long term it can pay to keep calm and invest on.More From NerdWallet 882
The Trump Organization did not immediately respond to CNN's request for comment.The Associated Press first reported the news of the subpoena.The tax department subpoena comes a day after Cohen pleaded guilty to eight criminal counts in Manhattan federal court, charges that included tax fraud, false statements to a bank and campaign finance violations tied to his work for President Donald Trump. Those charges were brought by the US Attorney's Office for the Southern District of New York.Cohen admitted on Tuesday that he had kept information that would have harmed Trump from becoming public during the 2016 election cycle, "in coordination and at the direction of a candidate for federal office." Those efforts included hush payments for two women who alleged affairs with Trump: Karen McDougal, a former Playboy model, and a porn star named Stephanie Clifford, who goes by the stage name Stormy Daniels. Trump has denied the affair allegations.In court on Tuesday, Cohen said his conduct was specifically for the "purpose of influencing the election," when discussing the charge related to McDougal.He also said the money he used to pay Clifford, better known as former adult film star Stormy Daniels, was "later repaid to me by the candidate."Cohen, Trump's longtime personal lawyer, was under investigation for months by federal prosecutors in New York, after the case involving him was referred to the US attorney's office by Special Counsel Robert Mueller.Despite Cohen's statements in court under oath and the court filings made by federal prosecutors that reference Trump's involvement in Cohen's conduct, the White House on Wednesday maintained that Trump "did nothing wrong.""As the President has said and we've stated many times, he did nothing wrong. There are no charges against him and we've commented on it extensively," White House press secretary Sarah Sanders said. "Just because Michael Cohen made a plea deal, doesn't implicate the President on anything."Cohen faces up to 65 years in prison. 2016
The Skelton’s daughter, Sloane, suffered from a rare genetic condition known as Hurler's Syndrome. Skelton underwent a bone marrow transplant but died from complications shortly after. 184
The San Diego County Sheriff’s Department said 22-year-old Carlos Davis, of La Mesa, was taken into custody Thursday night in connection with the shooting death of Carlo Avila. 176
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