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Economy

U.S. Stocks Plunge on China Fears

NEW YORK – U.S. markets plunged at the open the morning of Aug. 24 following a big drop in Chinese stocks. The Dow Jones industrial average fell more than 1,000 points in early trading.

The Dow was 783 points, or 4.8 percent, lower as of 9:40 a.m. Eastern time. The Standard & Poor’s 500 index dropped 87 points, or 4.5 percent, to 1,882. The Nasdaq composite fell 247 points, or 5.1 percent, to 4,465 points.

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WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid.

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A pregnant woman was driving in the HOV lane near Dallas.

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NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

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Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

Some of us await the day we retire with greater impatience, others with less.

Washington, DC – A special concert by Mario Frangoulis’ launched the Golden Jubilee Weekend celebrations for the American Hellenic Institute (AHI) at the famed Warner Theater in Washington, DC on April 12.

LORAIN, OH – Fr. Michael Gulgas, 67 of Amherst, fell asleep in the Lord, on the mid-Lenten celebration of the Holy Cross in St.

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