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California renames Cesar Chavez Day following sexual abuse allegations

- Associated Press

California Democratic Gov. Gavin Newsom signed a bill Thursday to rename Cesar Chavez Day as Farmworkers Day in an effort to reconcile the Latino labor icon's legacy with explosive sexual abuse allegations before the state holiday on March 31.

Wall Street has its worst day since the war with Iran started and crude oil prices rise

- Associated Press

U.S. stocks had their worst day since the war with Iran started, as doubt took over again from hope on Wall Street about a possible end to the conflict. The S&P 500 fell 1.7% Thursday. The index is headed for a fifth straight losing week, which would be the longest such losing streak in almost four years. The Dow Jones Industrial Average dropped 1%, and the Nasdaq composite sank 2.4%. They're the latest flip-flops for financial markets this week after Iran rejected a U.S. offer for a ceasefire. Oil prices rose more than 4%, and Treasury yields climbed in the bond market.