“When you move at this pace in a short amount of time, it’s natural for the market to take a breather.”
Steve Chiavarone, Federated Investors portfolio manager, as the Dow suffered its worst one-day point drop in nearly 3 months on Thursday as interest rates hit new multi-year highs. With stocks still holding near record highs, investors will watch Friday's September jobs report for any employment changes or a worrisome jump in avg. hourly earnings.
“The ninety-nine percent are just a bunch of Zero’$.”
William Clyde Allen III, who confessed to sending ricin-laced envelopes to President Trump and three other members of the administration, in a recent Facebook post. The Navy veteran was arrested by the FBI at his Utah home on Wednesday where he admitted to purchasing castor beans, the raw material for the poison ricin, and mailed it. No one was hurt. He’s being held on a $25K cash bond.
"There’s no one silver bullet when it comes to the epidemic of opioids, but one thing is for certain, I and we will keep fighting.”
Sen. Shelley Moore Capito (R-WV) on the sweeping bipartisan effort to pass opioid legislation to fund programs to treat addiction, monitor prescriptions and update information on alternative treatments to addictive drugs. President Trump is expected to sign the bill.
“Keen as I may be to clear my name, I refuse to feed the media spectacle created by people seeking to promote themselves at my expense.”
Cristiano Ronaldo tweet denying charges he raped a woman in a Las Vegas hotel room in 2009. The world's highest-paid soccer star ($108M) was benched by his Portugal team for two games following the claims, and his sponsor Nike says it is "deeply concerned" by the allegations.
“It’s the Rolls Royce of malts. … it’s an object of beauty in its own right – almost a museum piece.”
Martin Green, Bonhams auction house specialist, on the 60-year-old bottle of whiskey that just sold for $1.1 million dollars at auction. The Macallan 26, which was purchased by a private collector from Asia, is now the most expensive standard whisky bottle ever to be sold at auction. When first sold in 1986, the bottle cost $27,000.
Cheers to the weekend!
- Dow drops 300 points as rates surge; 10-year yield hits its highest level since 2011:
- FBI arrests Utah Man in Ricin Scare at Pentagon:
- Utah vet confessed to sending ricin envelopes, officials say:
- Senate passes multi-pronged legislation to battle nation’s opioid crisis:
- Cristiano Ronaldo faces growing heat from sponsors over rape allegation:
- 60-Year Old Whisky Sells For Over $1 Million at Auction:
by Jenna Lee,