China and low oil prices are fueling the stocks' plunge

MARKET MAYHEM

Sinking feeling: Hear that noise? That’s the sound of your 401k circling the drain. Another week, another selloff. World markets are in a tailspin, largely fueled by China’s economic slowdown. The Dow opens the day after a loss of nearly 600 points yesterday. As bad as it was, it could have been worse. At one point, the Dow was off nearly 1,100 points.

BIDEN BID

Will he or won’t he?: He’s kissed the ring. Can a White House bid be far behind for Vice President Joe Biden? A senior Democrat says Biden met with President Barack Obama and has his blessing to make a 2016 presidential bid. Biden is starting to huddle with folks who could form a campaign team. People involved say Biden is leaning toward running, but hasn’t made up his mind to join the Democratic race with Hillary Clinton and Bernie Sanders.

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FERGUSON COURTS

Out with the old: The new municipal court judge in Ferguson, Missouri, is cleaning house. Gone are all the old arrest warrants that were issued before this year. It means people caught for minor violations are much less likely to end up behind bars. A local activist calls it an olive branch for the community. Back in March, a Justice Department civil rights investigation said the police and the courts engaged in a “pattern and practice” of discrimination against African-Americans.

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source: CNN.com

5 Things To Know For Your New Day — Tuesday, August 25  was originally published on praisecleveland.com

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