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Jobs Report Leads US Stocks to Decline


iStock/Thinkstock(NEW YORK) -- The latest jobs report pulled the major indexes lower at the close on Friday with major tech stock sell-offs.The Dow Jones Industrial Average dropped 211.75 (over 1 percent) to close at 16204.83.The tech-heavy Nasdaq fell 146.42 (about 3 percent) to end the session at 4363.14, while the S&P 500 closed at 1880.02 down 35.43 (nearly 2 percent) from its open.Crude oil slid over 2 percent on Tuesday, moving the price to hover at $30 a barrel.According to the U.S. L

Why Women Are Raving About Levi's New Wedgie Fit Jeans


iStock Editorial/Thinkstock(NEW YORK) -- Levi's is behind the hottest trend in denim.The company's newly-launched "wedgie fit" jeans help boost one's booty with specially-designed cups that enhance and lift one's backside, hence the "affectionate and cheeky name," Jonathan Cheung, senior vice president of global design at Levi's, said in a press release. “The Wedgie is inspired by women that were downsizing a vintage 505."Dubbed by Levi's as the "cheekiest jeans in your closet," the jeans

Facebook Messenger Includes a Hidden Chess Game


iStock Editorial/Thinkstock(NEW YORK) — There's a secret chess game hidden inside the Facebook Messenger app.Accessing the game is as easy as typing @FBChess play into Messenger. A chess board will then appear within a message with a friend.Here’s where it gets tricky: Making a move requires players to use Standard Algebraic Notation. K is for king, Q for queen, B for bishop, N for knight, R for rook, and P for pawn.The chess board includes one axis with numbers and one with letters,

Bernie Madoff Sleuth Warns of Three New Ponzi Scams


iStock/Thinkstock(NEW YORK) -- At least three major Ponzi schemes are currently scamming American investors, according to Harry Markopolos, the man whose warnings about the Bernard Madoff Ponzi scheme were ignored by the Securities Exchange Commission (SEC).“I’m working on three multi-billion dollar Ponzi schemes today,” Markopolos told ABC News, including one that he says will be bigger than Madoff’s. "You can’t stop them."Markopolos, who declined to identify the n

Google's AI System to Take on 'Go' Champion Live for $1M Prize


iStock Editorial/Thinkstock(NEW YORK) -- Google's artificial intelligence system is set to take on the world champion of Go -- a game with trillions of possible moves -- in a live showdown that will be streamed on YouTube.The search engine giant's AlphaGo computer program already swept the European champion of Go, a complex game with trillions of possible moves, in a five-game series, according Demis Hassabis, head of Google's machine learning, who announced the feat last month in a blog post th

Super Bowl 50 in Silicon Valley Gets a Boost from Tech


iStock Editorial/Thinkstock(SANTA CLARA, Calif.) -- Silicon Valley is putting its high-tech touch on Super Bowl 50 to make game day an experience unlike any other.The road to this year's Super Bowl wouldn't have been possible without the Bay Area's most high-profile tech companies, including Apple, Google, Intel and Hewlett Packard, among others, who helped raise $30 million for San Francisco's bid committee, according to the mayor's office.The showdown between the Carolina Panthers and the Denv

Economy Adds 151K Jobs; Unemployment Rate Drops 0.1%


iStock/Thinkstock(WASHINGTON) — The U.S. Department of Labor released the jobs report for January 2016, and the numbers are worse than economists predicted.  Employers added 151,000 jobs in January as opposed to the 185,000 economists expected, according to the Bureau of Labor Statistics.The unemployment rate dropped from 5.0 percent to 4.9 percent.Chief Economist Megan Greene, however, says not to worry.  Greene believes the numbers are still good despite missing the headline ex

Super Bowl 50: The Clydesdales Are Back for Budweiser's Super Bowl Ad


Ronald Martinez/Getty Images(NEW YORK) — Budweiser unveiled its commercial for Super Bowl 50 on ABC’s Good Morning America Friday.The brewer allowed GMA to go behind the scenes of for the making of the spot that features the return of the familiar Clydesdales — but the tone is very different from the brand’s earlier commercials that showcased the horses and cute, lovable puppies.Titled “Not Backing Down, Since 1876,” this commercial shows the horses pulling th

Zika Virus: Airlines, Cruise Company Allow Employees to Avoid Outbreak Countries


Peshkova/iStock/ThinkStock(NEW YORK) --  Lufthansa Airline, Delta and Carnival Cruise Line are among the travel companies stating that employees can change their schedules to avoid work in areas affected by the Zika virus outbreak.The three travel companies confirmed to ABC News Thursday that they either had policies in place or amended policies that concerned employees to avoid Zika-affected countries.The mosquito-borne Zika virus has spread throughout the Americas since it was first detec

Unknown Lotto Winner Hours Away From Forfeiting $63 Million Jackpot


kzenon/iStock/ThinkStock(NEW YORK) -- The winning lottery ticket for a $63 million jackpot possibly sits forgotten in someone’s desk drawer or glove compartment.The deadline for the winner to claim the money for the "Super Lotto Plus," and become a millionaire, is Thursday at 5 p.m. Pacific Time. Russ Lopez, deputy director of corporate communications for the California Lottery, told ABC News that 5 p.m. is a hard deadline, and after that it will be too late to claim the jackpot."We have u

Markets Move High as Investors Await Latest Jobs Report


stu99/iStock/ThinkStock(NEW YORK) -- The markets moved higher as investors anticipate the government's latest jobs report due out on Friday.The Dow closed up 80 points while the NASDAQ rose five points. The S&P added three points for the day.More people filed for unemployment last week but economists are not worried. They say the overall number is still historically low which is a positive sign for the job market.The January employment numbers are set to be released on Friday morning. Econom

Law Enforcement Tackles Fake Super Bowl Merchandise


U.S. Immigrations and Customs Enforcement(NEW YORK) -- The Department of Homeland Security carried out raids this week ahead of the Super Bowl in an ongoing effort to block counterfeit sports apparel and merchandise that is smuggled into the country, principally from China.“Make no bones about it, this is smuggling,” said Intellectual Property Rights (IPR) Center Director Bruce Foucart.Over the past year, investigators seized more than 440,000 sports-related items worth an estimated

IRS Outage Could Cause Tax Refund Delays


iStock/Thinkstock(WASHINGTON) -- Taxpayers filing their taxes online could face serious delays in getting a refund.An unspecified number of online tax processing systems, including the "Where's My Refund" tool, were down on Wednesday as a result of a "hardware failure," the Internal Revenue Service (IRS) said in a statement."The IRS is still assessing the scope of the outage," the agency said in a statement on Wednesday. "At this time, the IRS does not anticipate major refund disruptions; we con

Subway Increases Price of $5 Footlong to $6


iStock Editorial/Thinkstock(MILFORD, Conn.) -- Your favorite $5 footlongs at Subway will no longer be $5.Subway announced it is raising the cost of its $5 footlong sandwich to $6 starting Thursday.The sandwich company revealed the nine-cent-per-inch price increase on Twitter: BREAKING NEWS: Starting February 4th ALL of your favorite classic footlongs are $6. pic.twitter.com/OoaDYPII1u— SUBWAY® (@SUBWAY) February 2, 2016The backlash from fans on Twitter quickly ensued: @SUBWAY

Honda to Expand Recall of Vehicles with Defective Takata Air Bags


Honda(NEW YORK) -- Honda Motor announced in a statement Wednesday that it would expand its Takata air bag recall to 2.23 million vehicles in the United States.Honda is the automaker most affected by the defective Takata air bags.  So far, Honda has recalled about 8.51 million Honda and Acura models in the United States.The defective air bags, which can burst open when they deploy and send shards of debris throughout the car, have been linked to about 10 deaths and more than 100 injuries.&nb

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