Bear market grips Wall Street as stocks and crypto dive
Wall Street slipped into bear territory as the S&P 500 fell over 20 percent from its peak, with the Dow dropping 876 points and the Nasdaq down 4.7 percent. Bonds and bitcoin also tumbled as investors weighed higher rates and a fragile economy.
MENTIONED IN THIS ARTICLE
Wall Street
New York
S&p
Federal Reserve
Fed
New Zealand
U.S
Treasury
Tradeweb
Coindesk
Sam Stovall
CFRA
Stovall
Dow
Michael Wilson
Morgan Stanley
Manchin backs background checks and school safety measures
West Virginia Senator Joe Manchin discusses a bipartisan gun bill proposing juvenile record checks, a possible waiting period, funding for school security, mental health resources, and red flag law incentives. He notes nuances on assault weapon definitions and due process while predicting a Senate vote this week.
MENTIONED IN THIS ARTICLE
Manchin
West Virginia
Jim Justice
Patrick Morrisey
Justice
D.C
Morrisey
Sandy Hook
Senate
House
Charles Boothe
Cboothe
Bottonline
WV Officials Warn of Rising COVID Hospitalizations
James Hoyer of the Joint Interagency Task Force cautions hospitalizations near 500 would stress West Virginia amid staffing shortages and summer illness surges. Dr. Clay Marsh notes over 1 million U.S. deaths and more infectious Omicron variants, with vaccines and boosters key to avoiding hospital care. Preparations are underway for vaccines for children under five once approved.
MENTIONED IN THIS ARTICLE
James Hoyer
Joint Interagency Task Force
West Virginia
Hoyer
Clay Marsh
United States
Lemonade event eyes thermometer revival in heat risk
Disibbio said the Lemonade committee may restart the thermometer display if temperatures reach 90 degrees, coordinating volunteers to serve lemonade at Bluefield City Park Chicory Square or Jack Asbury Square on Friday June 18. Kassidy Brown handles inquiries.
MENTIONED IN THIS ARTICLE
Disibbio
Bluefield City Park
Chicory Square
Jack Asbury Square
Gas price pressure on county budgets and services
Officials discuss rising gas costs as budgets near year end. County sheriffs, EMS, and public works face higher fuel expenses, with potential cuts to future equipment and services debated. Deputies must maintain patrols and civil duties despite price shocks.
MENTIONED IN THIS ARTICLE
Christian
Bill Archer
Sheriff’s Department
Archer
Gardner Center
Virginia
Tazewell County
Brian Hieatt
County Board of Supervisors
Hieatt
Charlie Stacy
Stacy
Sheriff’s Office
Social Service Department
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Amazon
GameStop
Randy Frederick
Schwab Center For Financial Research
CME Group
Wilson
A-1
COVID
Bottonline.com
Ber
Kassidy Brown
Kbrown
Line.com
Greg Jordan
Gijordan