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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Dow drops more than 1,000 as outbreak threatens the economy

By ALEX VEIGA and DAMIAN J. TROISE | February 24, 2020

The Dow Jones Industrial Average sank more than 1,000 points as the spread of the new coronavirus threatened wider damage to the global economy. The drop was the worst for the index in two years and wiped out its gains so far in 2020. Nervous investors...

White House readying emergency coronavirus budget request

By ANDREW TAYLOR | February 24, 2020

WASHINGTON (AP) — The White House is readying an urgent budget request to address the deadly coronavirus outbreak whose rapid spread is spooking financial markets and restricting international travel.The request is still being developed but is likely...

Markets tank on concern about virus impact on world economy

By ELAINE KURTENBACH | February 24, 2020

BANGKOK (AP) — Shares skidded, oil prices sank and the price of gold surged on Monday as the number of people infected or killed by the viral outbreak that began in China surged, heaping more uncertainty on the economic outlook.The decline promises...

Asian shares take hit as new virus cases jump outside China

By ELAINE KURTENBACH | February 24, 2020

BANGKOK (AP) — Shares skidded in Asia on Monday after reports of a surge in new virus cases outside China. The decline followed a sell-off Friday on Wall Street.South Korea's Kospi dropped 3% to 2,098.37, while the S&P ASX/200 in Sydnay lost 2.3%...

‘Promises kept’ mantra doesn’t always match Trump’s reality

By KEVIN FREKING | February 23, 2020

WASHINGTON (AP) — “It's been three years of promises made and promises kept, but we’re just getting started, (insert state here)."That line from Vice President Mike Pence is a hallmark of how he introduces President Donald Trump to campaign rally...

Stocks sink, Treasury prices soar as investors seek safety

By ALEX VEIGA | February 21, 2020

Stocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting U.S. companies.The yield on the 30-year Treasury reached a record low as investors sought the safety...

Iranians vote in parliament elections favoring conservatives

By NASSER KARIMI | February 21, 2020

TEHRAN, Iran (AP) — Iranians voted for a new parliament Friday, with turnout seen as a key measure of support for Iran's leadership as sanctions weigh on the economy and U.S. pressure isolates the country diplomatically.The disqualification of more...

EU nations end summit without agreement on budget

By LORNE COOK and RAF CASERT | February 21, 2020

BRUSSELS (AP) — European Union leaders broke up a marathon budget summit without a deal Friday and will have to reconvene for another meeting on the divisive issue in the coming weeks.After 28 hours of talks the leaders could not find a compromise,...

World markets slip on renewed fears over virus outbreak

By JOE McDONALD | February 21, 2020

BEIJING (AP) — Global stock markets slipped on Friday after a spike in new virus cases in South Korea and other countries refueled investor anxiety about China's disease outbreak.Benchmarks in Tokyo, Hong Kong and Sydney closed down and London, Frankfurt...

States step up funding for Planned Parenthood clinics

By SUSAN HAIGH | February 21, 2020

HARTFORD, Conn. (AP) — Severalstates have begun picking up the tab for family planning services at clinics run by Planned Parenthood, which last year quit a $260 million federal funding program over a Trump administration rule prohibiting clinics from...

TV analyst? Spokesman? Freed ex-governor goes job hunting

By MICHAEL TARM | February 20, 2020

CHICAGO (AP) — Job wanted: Ex-governor and ex-con with strong speaking skills and good hair seeking employment.Fresh out of prison thanks to a commutation this week from President Donald Trump, former Illinois Gov. Rod Blagojevich is in the hunt for...

1 trillion euros: EU leaders get into big fight over budget

By RAF CASERT and ANGELA CHARLTON | February 20, 2020

BRUSSELS (AP) — European leaders argued into the early hours of Friday about how to spend and share some 1 trillion euros ($1.1 trillion) over the next seven years. Their first summit since Britain quit the EU last month has been bruising, long —...