Stocks take hits amid Wednesday trading, trade war

The Dow and the broader U.S. stock market took hits once again Wednesday as Wall Street investors fear the U.S.-China trade war will inflict broad damage on the global economy.After a one-day respite, panic has reignited over the trade war. Investors are pulling money out of stocks and buying up U.S. bonds and gold as safe havens.Economists at Rabobank are projecting a shallow global recession because the trade war is hurting financial markets, consumer confidence and the global economy. Rabobank reduced its worldwide growth projections below 3% on Wednesday.The 10-year U.S. government bond yield tumbled near a three-year low of 1.6651%. Bonds and yields move in opposite directions.Gold was also a big winner Wednesday. Gold futures crossed the $1,500 an ounce threshold for the first time since 2013. Gold rose 2.1% and is up nearly 18% this year.The Dow fell as much as 589 points before paring its losses. The index traded 200 points, or 0.8%, lower around midday. The S&…

Read more
  • 0

Judge sets tentative date for Epstein trial

Judge sets tentative date for Epstein trial

June 2020 is the earliest Epstein will stand trial on sex trafficking and conspiracy charges.

Updated: 2:37 PM EDT Jul 31, 2019

Hide Transcript Show Transcript

PARKER JOINS US IN STUDIO WITH THE NEW DETAILS. TERRI? TERRI: THE WOMAN WHO IS FILING THIS NEW LAWSUIT CLAIMS A DARK-HAIRED WOMAN SHOWED UP OUTSIDE HER PERFORMING ARTS HI SCHOOL IN 2001 IN NEW YORK AND THIS WOMAN SPOKE GLOWINGLY ABOUT A RICH MAN NAMED JEFFREY EPSTEIN WHO WOULD BE GLAD TO HELP HER AND HER FAMILY THEN-14-YEAR-OLD JENNIFER ARAOZ’S FATHER HAD RECENTLY DIED, AND HER LAWSUIT SAYS SHE WAS A PRIME TARGET FOR GROOMING BY A PEDOPHILE LIKE MR. EPSTEIN. ARAOZ SAYS THE FEMALE RECRUITER TOOK HER TO EPSTEIN’S NEW YORK MANSION SEVERAL TIMES ON THE PRETEXT THAT HE WOULD HELP HER GET INTO…

Read more
  • 0

How well do you know margaritas?

How well do you know margaritas?

Some prefer frozen, some on the rocks

Updated: 2:39 PM EDT Jul 24, 2019

Some prefer frozen, others on the rocks. Some prefer salt on the rim, others sugar. If a tropical beach is a bit too far away, here are five facts to help you celebrate National Tequila Day on July 24. The margarita went mainstream in December 1953, when Esquire magazine wrote a column on the “provocative” drink. “She’s from Mexico, Señores, and her name is the Margarita Cocktail,” the "Painting the Town with Esquire" column read. The frozen margarita was the sixth-most popular cocktail in 2018, beat out by daiquiris, dry martinis, whiskey sours, negronis and Old Fashioneds. However, tequila was the highest-selling spirit.Salt on the rim isn't just for decoration: Rather, it brings out the sweetness of the traditionally-used Coin…

Read more
  • 0

Rescuers spend hours saving 50+ beached whales on St. Simons Island

Dozens of pilot whales were rescued after repeatedly beaching themselves on St. Simons Island in Georgia.According to witnesses, more than 50 of the whales beached themselves around 5:15 p.m. Tuesday. It took about 2 hours to get them back to sea. “While stranding is a known natural occurrence, the only thing we can do is to continue pushing them out to sea,” said wildlife biologist Clay George.Personnel from various departments including the Georgia Department of Natural Resources, Georgia Sea Turtle Center and the National Oceanic and Atmospheric Administration helped push the whales back out to sea.Two of the whales died, according to the DNR, and will be taken for a necropsy.Officials with the DNR said pilot whales are the most common species known to strand in mass numbers.(Below: Spectacular video of whale feeding next to boat)

GLYNN COUNTY, Ga. —

Dozens of pilot whales were rescued after repeatedly beaching themselves on St. Simons Is…

Read more
  • 0

Acosta to take questions on his handling of Epstein case

Labor Secretary Alex Acosta plans to make a statement Wednesday regarding his handling of a sex trafficking case involving now-jailed billionaire financier Jeffrey Epstein.The Labor Department said Acosta will "make a statement and answer questions" from reporters at 2:30 p.m.Acosta, a former federal prosecutor in south Florida, is under fire for his role in a secret 2008 plea deal that let Epstein avoid federal prosecution after allegations he molested teenage girls.Epstein pleaded not guilty on Monday to new child sex-trafficking charges and could face up to 45 years in prison if convicted.President Donald Trump has praised Acosta's work in his Cabinet and said he feels "very badly" for him, but said he'll be looking "very closely" at the matter.

WASHINGTON —

Labor Secretary Alex Acosta plans to make a statement Wednesday regarding his handling of a sex trafficking case involving now-jailed billionaire financier Jeffrey Epstein.

The …

Read more
  • 0