MINNEAPOLIS (WCCO) — From the latest in the stock markets to Vice President Joe Biden’s possible run for president, here are the four stories to know for Tuesday, Aug. 25.
Stock Market Turmoil
Global markets are rebounding Tuesday despite China’s main stock closing sharply for a fourth day.
China’s market plunged 7.5 percent to an eight-month low overnight. But Tuesday morning they cut interest rates for the fifth time in nine months in an effort to shore up slowing economic growth.
The U.S. stock market saw its biggest loss in nearly four years Monday. It is expected to open higher today though.
Many analysts are calling this a market correction, and telling investors not to worry.
Vice President Joe Biden For President?
Sources tell CBS News that President Obama has given Biden the green light to consider a White House run.
Experts say Biden’s family however, could play the biggest role in his decision.
The Democratic National Committee will bring the five declared candidates to Minneapolis for a weekend conference.
The Vice President will not be here.
Madden Football Game Released
Are you ready for some video game football? ‘Madden NFL 16’ has arrived.
The game hits shelves Tuesday for PlayStation 4 and Xbox One.
This year’s game from EA Sports focuses on the playmakers, introducing new control options that allow superstars to make big plays on the field.
You can also choose to play in the future home of the Vikings, U.S. Bank Stadium.
Free National Park Day
Get outside and enjoy parks for free today!
The National Park Service is celebrating their 99th birthday by offering free admission to all 408 parks today.
This year, they’ve created a list of 99 ways to find your park. It includes a variety of activities you can do in urban, nature and historic parks.
Then they want you to take a picture and hashtag it “Find Your Park.”