Markets are more uncertain about Trump victory in final days
Ahead of the Tuesday, Nov. 5, presidential election, the word of the week is “uncertainty.” Polls predict drastically different outcomes, like the Des Moines Register poll that has Vice President Kamala Harris leading in the deep-red state of Iowa.
“This race is filled with uncertainty today,” political strategist David Axelrod said.
And that uncertainty is showing up in the markets. From predictions, to cryptocurrencies, to a Donald Trump stock market indicator, everything’s a bit haywire the closer it gets to polls closing on the evening of Tuesday, Nov. 5.
Let’s start with the predictions market. This is a newer one as Americans can now bet on the outcome of the presidential election.
Looking at Kalshi, from Oct. 10 to Oct. 29, the odds on former President Donald Trump and Harris went from 50-50 to Trump being up about 65% to 35%. Then, in the four days that followed, Trump’s odds plunged until Harris took a brief lead. On the day before the election, Trump has rebounded, now up 57% to 43% as of Monday, Nov. 4.
It’s not just the official predictions markets where investors are placing their bets. In October 2024, markets saw significant movement in areas investors refer to as the “Trump trade.”
Take Bitcoin, which has had a pretty outstanding year. Bitcoin has become part of the Trump trade after Trump fully embraced cryptocurrencies earlier this year. Like prediction markets, the price of Bitcoin peaked on Oct. 29 at around $73,000. Since then, enthusiasm has pared back to around $68,000 as of Monday morning.
Nothing is more indicative of the trade around the former president than what has become his own meme stock. DJT, the ticker symbol for Trump Media and Technology Group, has traded less on the fundamentals and more on Trump’s electability. The stock is up 90% over the past month, but again, peaked on Oct. 29. In the past 5 days, it’s fallen more than 40%.
The name of the game is volatility. In October, it seemed markets of all kinds were increasingly positioning for a Trump victory. In the final stretch, uncertainty has set in. The volatility index, the VIX, measures just this. It’s also called the fear index. It’s trading above its 200-day average.
The dollar dropped and bonds rallied as traders realigned expectations for Tuesday. And the election isn’t the only market mover this week. On Thursday, Nov. 7, the Federal Reserve will make its next rate cut decision. Markets are expecting a quarter-point cut.
FCC chair responds to Trump’s call for CBS to lose license over Harris interview
Former President Donald Trump accused CBS of altering a “60 Minutes” interview with Vice President Kamala Harris to make her appear more presidential. Trump also demanded the network lose its broadcast license.
Posting on Truth Social and X, Trump called the incident “the greatest fraud in broadcast history,” sparking widespread debate and further straining his contentious relationship with the media.
The controversy began after a teaser for Harris’s Oct. 7 interview showed a sequence that differed slightly from the full broadcast. Trump accused CBS of editing Harris’s answers, claiming the network was deliberately enhancing her image.
In response, FCC Chair Jessica Rosenworcel firmly rejected Trump’s demands, stating that broadcast licenses cannot be revoked due to political disagreements. She reiterated the FCC’s commitment to free speech and media independence, calling the First Amendment “a cornerstone of our democracy.”
“We do not control CBS’s production decisions and refer questions to CBS,” the campaign said in a statement.
This is not the first time Trump has targeted a major network. He previously called for ABC’s license to be revoked after the September 2024 presidential debate. However, the FCC maintained that media freedom remains vital, regardless of political disagreements.
Tropical Storm Helene is fast approaching Florida with the potential to form into the biggest hurricane to hit the U.S. in over a year. And Donald Trump’s campaign says he’s been briefed by U.S. intelligence officials on threats from Iran to assassinate him. These stories and more highlight your Unbiased Updates for Wednesday, Sept. 25, 2024.
The National Hurricane Center’s latest updates have Helene on track to make landfall in the Sunshine State late Thursday, Sept. 26, as a Category 3 hurricane.
This system is expected to impact the near Big Bend area. Everyone is discussing how Ian had the same cone, turning last second and catching many off guard. As this storm strengthens, the track can shift. It’s normal during rapid intensification. Pay attention!#PTC9#Helenepic.twitter.com/5Dk7hriyB1
The last Category 3 hurricane to make landfall in the U.S. was Idalia last year, which also made landfall in Florida’s Big Bend region and brought record-breaking storm surge to most of the state’s western coast.
Congress set to pass stopgap government funding bill
The U.S. House and Senate are both on track to pass a stopgap funding bill Wednesday, Sept. 25, that will avert a government shutdown early next week. The measure would keep federal agencies funded at their current levels through Dec. 20.
It also sets aside an additional $231 million to bolster the budget for the Secret Service. That comes as concerns over the agency’s efficacy continue to mount in the wake of two assassination attempts against former President Donald Trump.
While the stopgap bill is the brainchild of Republican House Speaker Mike Johnson, many in his party still say they will not vote in favor of it, forcing House GOP leadership to rely on Democratic votes for it to pass.
Trump campaign says former president briefed on Iranian assassination threats
In a statement Tuesday, Sept. 23, a Trump campaign spokesperson said, “President Trump was briefed earlier today by the Office of the Director of National Intelligence regarding real and specific threats from Iran to assassinate him in an effort to destabilize and sow chaos in the United States.”
Trump later posted on Truth Social that there have been “big threats” on his life by Iran — saying while they didn’t work out, Iran will try again.
Iran’s permanent mission to the United Nations in New York has not responded to media requests for a statement.
This news comes after two assassination attempts on the former president, one in Butler, Pennsylvania and another at his Florida golf course. There has been no indication of Iranian involvement in either case.
Congress passes bill to boost presidential candidate security
The bill would require an equal standard of protection be applied to presidents and all major party candidates.
The bill is not expected to make a difference in the level of protection former President Trump receives, as the Secret Service says he was already under the highest level of protection at the time of both assassination attempts.
Caroline Ellison sentenced to two years over cryptocurrency fraud
The judge and prosecutors agreed to give Ellison a lighter sentence after she pleaded guilty and testified against FTX founder and her former boyfriend Sam Bankman-Fried during his trial last November. He was found guilty and sentenced to 25 years in prison.
Coca-Cola pulling new flavor off the shelves after 7 months
Soda drinkers may be having flashbacks to the New Coke miss of the 1980s as Coca-Cola is pulling another version of its signature beverage off store shelves just seven months after its debut. Coca-Cola Spiced went on sale in February as the newest entry in Coke’s permanent line-up.
A Coca-Cola spokesperson said in a statement Tuesday, “We’re always looking at what our customers like and adjusting our range of products. As part of this strategy, we’re planning to phase out Coca-Cola Spiced to introduce an exciting new flavor in 2025.”
The company said earlier this year the spiced soda was part of its strategy to innovate and respond to industry trends. It added the flavor was developed in just seven weeks — as opposed to the 12 months plus it typically takes the company to develop a new product.
DOJ seeks attempted assassination charge for Trump suspect Ryan Routh
Federal prosecutors said they will pursue an attempted assassination charge against the man accused of staking out former President Donald Trump on Sept. 15 in West Palm Beach, Florida. Ryan Routh was in federal court Monday, Sept 23, for a detention hearing.
The judge ruled Routh will stay behind bars until his trial, citing evidence in the case. Authorities said Routh was armed with a high-powered rifle when he hid in the trees on Trump’s golf course.
Prosecutors say months before the incident, Routh gave an unnamed witness a box with a letter inside. The letter detailed an apparent assassination attempt against Trump and mentioned a $150,000 reward to anyone who could “complete the job.”
The box also contained ammunition, a metal pipe, building materials, tools and four phones.
Routh already faces two federal firearms charges. In addition to that, prosecutors said during Monday’s hearing that they plan to ask a grand jury to return a new indictment with the charge of attempted assassination against a political figure.
It carries a maximum sentence of life in prison.
Meanwhile, Trump accused the Justice Department of “downplaying” the assassination plot. He said state officials in Florida should take over the investigation and prosecution.
In a statement posted on Truth Social, Trump said, “The charges brought against the maniac assassin are a slap on the wrist. It’s no wonder since the DOJ and FBI have been coming after me nonstop with weaponized warfare since I announced my first historic campaign for President.”
The DOJ has not responded to Trump’s claims.
Recently, Rep. Mike Kelly, R-Pa., spoke to ABC News about both attempted assassination attempts against Trump.
“This is not a Republican or Democrat issue,” Kelly said. “This is an American issue. We have to protect those who we have up for election and those that are already serving. It’s a very dangerous time for us to be looking at this and thinking this is just the way the world is. It’s not and we cannot accept this as Americans.”
Kelly is the chair of the bipartisan panel created to investigate the Trump assassination attempt in July. It has expanded to include the Florida incident as well.
Trump was target of apparent ‘attempted assassination’ at his golf club: FBI
For the second time in just over two months, authorities say former President Donald Trump was the target of an apparent “attempted assassination.” We have the latest on the investigation. And the red carpet was rolled out for TV’s biggest stars Sunday night. We recap who won at the 76th Emmy Awards. These stories and more highlight your Unbiased Updates for Monday, Sept. 16, 2024.
FBI: Trump was target of apparent ‘attempted assassination’
The FBI is investigating what it said “appears to be an attempted assassination” of former President Donald Trump near his golf club in West Palm Beach, Florida Sunday, Sept. 15. Authorities said Trump was playing a round of golf when Secret Service agents spotted the gunman a few hundred yards away pointing a weapon through the bushes.
The agents fired five to six shots at the gunman. The suspect dropped his weapon, described as an AK-47-style rifle, and fled in his vehicle. It was not clear if the suspect had fired any shots.
The suspect was soon taken into custody during a traffic stop in a nearby county.
Authorities said the rifle with a scope was found in the shrubbery along with two backpacks, ceramic plates, and a GoPro camera.
Shortly after the incident, a spokesperson for the Republican presidential nominee said Trump was safe. Trump later sent out a letter to supporters saying, “Nothing will slow me down! I will never surrender.”
Law enforcement sources have told multiple news outlets the suspect has been identified as 58-year-old Ryan Wesley Routh of Hawaii. Authorities are said to be looking into Routh’s possible motives, including his reported grievances about the war in Ukraine. The New York Times reported the paper interviewed Routh last year about recruiting Afghan soldiers fleeing the Taliban to fight in Ukraine.
During a Sunday afternoon press conference, Palm Beach County Sheriff Ric Bradshaw spoke about the Secret Service’s presence protecting Trump at the time of the assassination attempt.
“At this level that he is at right now, he’s not the sitting president. If he was, we would have this entire golf course surrounded,” Bradshaw said. “Well, because he’s not, the security is limited to the areas that the Secret Service deems possible. So, I would imagine the next time he comes to the golf course, there’ll probably be a little bit more people around the perimeter. But the Secret Service did exactly what they should have done.”
Biden said he has directed his team to ensure the Secret Service “has every resource” necessary for Trump’s “continued safety.” Harris said, “We all must do our part to ensure that this incident does not lead to more violence.”
Late Sunday night, Trump posted a message on Truth Social thanking law enforcement for “an incredible job done” and saying, “It was certainly an interesting day.”
I would like to thank everyone for your concern and well wishes – It was certainly an interesting day! Most importantly, I want to thank the U.S. Secret Service, Sheriff Ric Bradshaw and his Office of brave and dedicated Patriots, and, all of Law Enforcement, for the incredible… pic.twitter.com/mV15rJygOR
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) September 16, 2024
Israel says Houthis will pay ‘heavy price’ after attack on Tel Aviv
Israel’s Prime Minister has vowed retaliation after a missile fired by Houthi rebels reached central Israel for the first time. A Houthi spokesman said the hypersonic ballistic missile, fired from Yemen, traveled more than 1,200 miles in just over 10 minutes Sunday.
Following the sirens that sounded a short while ago in central Israel, a surface-to-surface missile was identified crossing into central Israel from Yemen and fell in an open area. No injuries were reported.
The Israeli Defense Forces said there were repeated attempts to shoot down the missile mid-air, but it most likely fragmented as it approached Tel Aviv. Israel said there were no direct casualties from the missile, but at least nine people suffered minor injuries.
This is just the latest attack by the Houthis, in what they say is solidarity with the Palestinians, in support of Hamas.
At least 8 dead as torrential rain triggers flooding in central Europe
At least eight people are confirmed dead as torrential rain continues to pound central Europe, causing widespread flooding. Thousands of people evacuated their homes in the Czech Republic Sunday as rivers overflowed their banks in various parts of the country.
A storm system named Boris has caused heavy downpours from Austria to Romania, leading to the worst flooding the Czech Republic and Poland have seen in nearly 30 years.
The relentless rain is expected to last at least through Monday.
US Coast Guard hearing into deadly Titan submersible implosion begins
Former employees of OceanGate are expected to testify. The company was behind the experimental submersible that imploded while on its way to the wreckage of the Titanic in the Atlantic Ocean in June 2023, killing all five people on board.
On Friday, Sept. 13, the Coast Guard released a statement saying the hearing “aims to uncover the facts surrounding the incident and develop recommendations to prevent similar tragedies in the future.”
The hearing will take place in Charleston County, South Carolina and is expected to last about two weeks. Witnesses scheduled to appear include one of OceanGate’s co-founders and the company’s former engineering, operations, and scientific directors.
Apple’s AI-powered operating system to launch Monday
Apple’s latest operating system, featuring the company’s artificial intelligence capabilities, is set to go live Monday. iOS 18 will come with changes for all compatible iPhone models, but Apple Intelligence will be the highlight of the update for iPhone 15 Pro and later models.
Some tech experts say this is Apple’s biggest update since it originally launched the iPhone.
Apple usually releases its updates at 10 a.m. PT/1 p.m. ET.
‘Shogun,’ ‘Hacks,’ ‘The Bear’ win at the 76th Emmy Awards
History was made at the 76th Emmy Awards Sunday night in Los Angeles. The big winner was the historical drama Shogun.
“Shogun” became the first non-English language series to win best drama. It claimed a total of 18 wins, including lead actor, actress, and directing.
Kamala Harris, Donald Trump go on the attack in presidential debate
We recap the first presidential debate between Vice President Kamala Harris and former President Donald Trump. And SpaceX launches four private citizens into space for one historic mission. These stories and more highlight The Morning Rundown for Wednesday, Sept. 11, 2024.
Kamala Harris, Donald Trump go on the attack in presidential debate
Former President Donald Trump and Vice President Kamala Harris met for their first — and potentially only — debate Tuesday night, Sept. 10. The two presidential candidates were asked questions about the economy, abortion, immigration, Jan. 6, the wars in Gaza and Ukraine, and more.
Following a handshake, the candidates went head-to-head for about 90 minutes in Philadelphia, trying to win over any voters who were left undecided less than two months away from Election Day.
On the economy, Harris said, “I believe in the ambition, the aspirations, the dreams of the American people. And that is why I imagine and have actually a plan to build what I call an opportunity economy. Because here’s the thing: We know that we have a shortage of homes and housing, and the cost of housing is too expensive for far too many people. We know that young families need support to raise their children. And I intend on extending a tax cut for those families of $6,000, which is the largest child tax credit that we have given in a long time.”
Trump said, “Look, we’ve had a terrible economy because inflation has, which is really known as a country buster. It breaks up countries. We have inflation like very few people have ever seen before, probably the worst in our nation’s history. We were at 21%. But that’s being generous because many things are 50, 60, 70 and 80% higher than they were just a few years ago.”
On abortion, Trump said, “For 52 years, they’ve been trying to get Roe v. Wade into the states. And through the genius and heart and strength of six Supreme Court justices, we were able to do that. Now, I believe in the exceptions for rape, incest and life of the mother. I believe strongly in it. Ronald Reagan did also.”
Harris responded, “The majority of Americans believe in a woman’s right to make decisions about her own body. And that is why in every state where this issue has been on the ballot in red and blue states, both, the people of America have voted for freedom.”
But it wasn’t always policy that was the subject. Both candidates took jabs at one another throughout the debate, including on the attendance at rallies.
“And he’s going to talk about immigration a lot tonight, even when it’s not the subject that is being raised. And I’m going to actually do something really unusual and I’m going to invite you to attend one of Donald Trump’s rallies because it’s a really interesting thing to watch,” Harris said. “You will see during the course of his rallies, he talks about fictional characters like Hannibal Lecter. He will talk about windmills cause cancer. And what you will also notice is that people start leaving his rallies early out of exhaustion and boredom. And I will tell you, the one thing you will not hear him talk about is you. You will not hear him talk about your needs, your dreams and your- and your desires. And I’ll tell you, I believe you deserve a president who actually puts you first. And I pledge to you that I will.”
“First, let me respond as to the rallies,” Trump said. “She said people start leaving. People don’t go to her rallies. There’s no reason to go. And the people that do go, she’s busing them in and paying them to be there and then showing them in a different light. So she can’t talk about that. People don’t leave my rallies. We have the biggest rallies, the most incredible rallies in the history of politics. That’s because people want to take their country back. Our country is being lost. We’re a failing nation. And it happened three and a half years ago.”
After the back and forth throughout the debate, the candidates each continued to make their case and claimed victory.
The Harris campaign posted on X the debate was “fun” and to “do it again in October.” While Trump posted on Truth Social saying he thought it was “my best debate ever– especially because it was three on-one,” in a reference to the two ABC News moderators.
Swift has previously been vocal in her support for Democrats in elections at the local and presidential level. Swift encouraged her 280 million followers to do their research and that “the choice is theirs.”
Presidential candidates commemorate 9/11
It’s been 23 years since the 9/11 terror attacks in New York, Washington D.C., and Pennsylvania killed nearly 3,000 people. Remembrance events are being held all across the country Wednesday, Sept. 11.
Vice President Harris and former President Trump are both scheduled to visit Ground Zero in New York Wednesday.
Harris, who will be paying her respects alongside President Joe Biden, will also visit the Flight 93 National Memorial in Shanksville, Pennsylvania and the Pentagon.
After Trump visits Ground Zero, he’s set to visit a fire station in New York City before also traveling to Shanksville.
FAA investigating after Delta plane clips another aircraft
The Federal Aviation Administration is investigating after a Delta Air Lines plane clipped the tail of another aircraft at the world’s busiest airport Tuesday. Both plans were on the tarmac at Hartsfield-Jackson International Airport in Atlanta taxiing for takeoff when it happened.
One of the planes had its wingtip severed from the aircraft in the incident. No one was hurt but both planes were damaged, and passengers had to get off.
Hurricane Francine expected to make landfall in Louisiana Wednesday
Meteorologists say the storm is still gaining strength and is likely to turn into a Category 2 before making landfall in Louisiana then moving north into Mississippi. However, they also expect Francine to weaken quickly as it moves inland.
SpaceX launches 4 astronauts to conduct first private spacewalk
SpaceX launched four astronauts into space on Tuesday for a historic mission. The Dragon capsule lifted off from NASA’s Kennedy Space Center carrying a billionaire entrepreneur — who financed the trip — along with a retired Air Force pilot, and two SpaceX engineers.
It took about nine and a half minutes for the capsule to reach orbit. A few minutes later, the capsule separated from its support trunk revealing a spectacular view of the Earth from the onboard cameras.
Australia PM announces plan to restrict access to social media for kids
Australia is set to become one of the first countries to put age restrictions on social media. Prime Minister Anthony Albanese announced an age verification trial on Tuesday, Sept. 10, before introducing age restrictions later this year. He said the minimum age requirement would likely be between 14 and 16 years old.
However, digital rights advocates warn that restrictions could push children to unsafe underground online activities. Australia’s internet regulator, the e-safety commissioner, previously warned that “restrictions-based approaches may limit young people’s access to critical support” and lead them to “less regulated non-mainstream services.”
Meta, the owner of Facebook and Instagram, already has a self-imposed minimum age of 13, and said it wants young people to benefit from its platforms while giving parents the tools to support them “instead of just cutting off access.”
Proponents argue a minimum age requirement encourages kids to stay active while minimizing potential negative impacts of social media on young people’s mental health.
The age restriction plan comes amid an Australian Parliamentary probe into the effects of social media on society, which shed light on the mental health crisis among teenagers harmed by online activity.
Australia isn’t the only country cracking down on social media and digital device use among kids. States across the U.S. have introduced cellphone bans in schools, and the U.S. Department of Education is poised to release new guidelines on cell phone use in schools come October.
Controversy over Trump photos at Arlington National Cemetery
Former President Donald Trump’s running mate has harsh words for Vice President Kamala Harris amid controversy over Trump’s visit to Arlington National Cemetery this week. And Israel’s military has launched a massive incursion into the West Bank as concerns grow over a broadening war. These stories and more highlight The Morning Rundown for Thursday, Aug. 29, 2024.
Controversy over Trump photos at Arlington National Cemetery
There’s controversy on the campaign trail after former President Donald Trump’s visit to Arlington National Cemetery earlier this week. He was there to mark three years since the United States’ withdrawal from Afghanistan.
Two Trump campaign officials had a “verbal and physical altercation” with a cemetery official during Monday’s, Aug. 26, ceremony honoring the 13 U.S. military service members killed in a bombing at Kabul’s airport in 2021, according to NPR.
Sources with knowledge of the incident told multiple news outlets the former president’s campaign had been warned not to take any pictures or videos in the area known as Section 60, but they did so anyway. Section 60 is the part of the cemetery dedicated to military personnel killed while fighting in Afghanistan and Iraq.
Cemetery officials released a statement confirming “an incident” had occurred and a report had been filed but did not give details about what had happened.
Late Tuesday night, Aug. 27, Trump posted a photo on his Truth Social platform of the Gold Star families who had invited him to the ceremony. In the post, family members said they had invited the campaign to film in Section 60.
However, cemetery officials say that wasn’t their call to make. Federal law prohibits political campaign or election-related activities within army national military cemeteries.
Trump’s running mate, Ohio Sen. JD Vance, touched on the incident during a rally in Pennsylvania Wednesday, Aug. 28, dismissing the allegations.
“Three years ago, 13 brave, innocent Americans died, and they died because Kamala Harris refused to do her job and there hasn’t been a single investigation or a single firing,” Vance said. “I don’t, I don’t — look, sometimes mistakes happen. That’s just the nature of government, the nature of military service. But to have those 13 Americans lose their lives and not fire a single person is disgraceful. Kamala Harris is disgraceful.”
Vance also blasted Trump’s Democratic opponent, Vice President Kamala Harris, for how the Biden administration handled the withdrawal from Afghanistan.
“And she wants to yell at Donald Trump because he showed up?” he said. “She can… she can go to hell.”
The Harris campaign has declined to comment on Vance’s remarks as well as the reports of an altercation at Arlington.
Harris, Walz to sit down for first TV interview of campaign
Vice President Harris and her running mate, Minnesota Gov. Tim Walz will take part in their first joint interview since their campaign together began on Thursday, Aug. 29. This interview marks Harris’ first formal sit-down as the 2024 Democratic presidential candidate and comes at a critical time as she faces criticism for her lack of media engagement.
Since President Joe Biden withdrew from the race and endorsed her, Harris has been criticized for not participating in interviews or holding press conferences.
Their interview with CNN’s Dana Bash comes as the Harris campaign kicks off a bus tour of swing state Georgia. It will air at 9 p.m. ET.
At least 10 dead amid large-scale Israeli military operation in West Bank
The Israeli military launched its largest incursion into the occupied West Bank in decades on Wednesday. At least 10 Palestinian militants were killed in what the IDF described as a “counterterrorism operation.”
Hundreds of Israeli troops took part in the overnight raids targeting Palestinian militants after months of increasing attacks. These raids have raised concerns about the potential for the Israel-Hamas War to escalate further.
The IDF’s international spokesperson said in a briefing Israel had identified a quote “systematic strategy in Iran” of smuggling weapons and explosives into the West Bank.
The United Nations’ secretary general has called on Israel to immediately end the operation, saying it’s “fueling an already explosive situation and further undermining the Palestinian authority.”
The Supreme Court declined to reinstate the Biden administration’s latest student debt cancellation plan, leaving millions of borrowers in limbo as legal challenges continue. The justices turned down a request from the Justice Department to lift an appeals court order blocking the SAVE plan.
SAVE is an income-driven repayment program designed to lower monthly payments and offer earlier loan forgiveness. The save plan is part of President Biden’s broader effort to reduce the financial burden on about 43 million Americans with student debt.
The plan’s estimated cost has been a point of contention, with critics arguing it effectively forgives loans without proper authorization.
CrowdStrike offers $60M in credits; Delta reports $500M loss
CrowdStrike is offering $60 million in credits to customers impacted by a massive software outage earlier this year, but the true cost of the incident might be much higher. Delta Air Lines — the most affected client — claims it lost around $500 million due to the outage, which disrupted flights and operations.
Despite these challenges, CrowdStrike reported a strong quarter with $260.8 million dollars in adjusted earnings. That’s a 47% increase from last year.
However, the company has revised its full-year earnings forecast downward, reflecting the expected costs of customer compensation.
Moody’s downgraded CrowdStrike’s outlook from positive to neutral, raising concerns about the company’s ability to retain customer trust after the incident.
NASA’s Perseverance rover begins steep climb up Mars crater
NASA’s Perseverance rover has set off on a “road trip” of sorts across Mars. The rover has been wandering the red planet’s Jezero Crater since 2021.
So far, it’s found evidence of ancient flash floods and collected several rock samples, which NASA plans to bring back to Earth on a future mission. Now, the rover is expected to spend the next few months making a steep climb up to the western rim of the crater.
Scientists believe the 28-mile-wide crater was once home to a river delta and they’re hoping samples taken by Perseverance will help them piece together an idea of what Mars’ climate was like billions of years ago and whether it sustained life.
Harris introduces Walz; Vance speaks to supporters during Philly rallies
Vice President Kamala Harris introduced Minnesota Gov. Tim Walz as her running mate while Ohio Sen. J.D. Vance spoke to supporters during separate rallies in Philadelphia. And U.S. officials say a Pakistani national with ties to the Iranian government has been arrested in connection with a plot to kill American politicians. These stories and more highlight The Morning Rundown for Wednesday, Aug. 7, 2024.
Harris introduces Walz; Vance speaks to supporters during Philly rallies
Both major political parties made a showing in Philadelphia on Tuesday, Aug. 6. Vice President Kamala Harris and her newly picked running mate Gov. Tim Walz, D-Minn., held their first rally together. In a dueling rally nearby, former President Donald Trump’s running mate Sen. J.D. Vance, R-Ohio, made his first stop in the city since joining the Republican ticket.
Harris joined Walz on stage in front of thousands of people at a rally and in front of millions of voters across the country who tuned in.
Polls show 71% of Americans are not familiar with Walz. The Minnesota governor got the opportunity to introduce himself in battleground territory and took aim at the vice presidential pick on the other side.
“Like all regular people, I grew up with in the heartland,” Walz told supporters. “J.D. studied at Yale, had his career funded by Silicon Valley billionaires and then wrote a bestseller trashing that community. Come on. That’s not what middle America is. And I got to tell you, I can’t wait to debate the guy.”
At Vance’s rally, he responded to the news of Walz being Harris’ selection for vice president.
“Tim Walz’s record is a joke,” Vance said. “He’s been one of the most far left radicals in the entire United States government at any level. But I think that what Tim Walz’s selection says is that Kamala Harris has bent the knee to the far left of her party, which is what she always does.”
Vance also criticized Harris for not doing a sit-down interview with the media since becoming the presumptive nominee of the Democrat Party 17 days ago.
Harris will be hitting at least five battleground states in the days to come as the Democratic National Convention (DNC) approaches later in August.
Trump announces ‘major interview’ with Elon Musk
Former President Trump has announced he will be sitting down with Elon Musk for an interview on Monday, Aug. 12. Trump made the announcement on his Truth Social platform Tuesday, Aug. 6, saying, “On Monday night [Aug. 12] I’ll be doing a major interview with Elon Musk — details to follow.”
In July, the tech mogul endorsed Trump following the assassination attempt on the former president during a rally in Pennsylvania.
Pakistani national with ties to Iran charged in Trump assassination plot
The Department of Justice says it’s arrested a Pakistani national with ties to the Iranian government in connection with a plot to kill American politicians and officials. Multiple sources said one of the main targets was former President Trump.
Asif Merchant, 46, is charged with murder for hire after DOJ officials said he flew from Pakistan to the U.S. to recruit hitmen for the plot. They said one of the so-called “hitmen” he contacted was a confidential informant for the FBI.
Trump’s security was increased in June after authorities learned of an Iranian plot to kill him. This was before the assassination attempt at a Butler, Pennsylvania rally and is not related to those events, according to the FBI.
Officials said there’s been dozens of aftershocks ranging in magnitude between 2.5 and 4.5 following the initial rumblings that began around 9 p.m. local time. Seismologists called it “a pretty active sequence in such a short amount of time.”
Hamas names Oct. 7 attack mastermind as new leader
Hamas has named its new leader following the assassination of former leader Ismail Haniyehin Iran. Yahyah Sinwar, known as the mastermind behind the Oct. 7 attack, is now leading the terror group.
The move is likely to provoke Israel, which has had Sinwar at the top of its most wanted list since that deadly attack ten months ago. The Israeli military responded to Sinwar’s appointment, vowing to take him out as well.
Cori Bush loses Missouri primary; Michigan Senate race is set
Media projections show Democratic congresswoman and “squad” member Rep. Cori Bush, D-Mo., lost her primary race in Missouri Tuesday, Aug. 6. Bush has been a vocal critic of Israel in its war against Hamas, and pro-Israel groups spent upwards of $10 million on efforts to unseat her.
In Michigan, a battleground territory, former U.S. Rep. Mike Rogers won the Republican nomination for a U.S. Senate seat, setting him up to face Democratic Rep. Elissa Slotkin in the November election.
Restaurant chain Buca di Beppo files for Chapter 11 bankruptcy
The restaurant chain Buca di Beppo has filed for bankruptcy protection. The privately owned company says revenue never fully recovered after the COVID-19 pandemic.
As part of its bankruptcy, the three-decade-old business said it began closing underperforming restaurants this year, including a dozen locations in July alone.
It will also restructure the rest of its 44 locations, but said it will continue to serve its family-size portions that has been Buca’s staple.
Hocker, Thomas bring home gold for the US on the track
The U.S. took home two Olympic gold medals on the track in Paris on Tuesday. That brings the team’s gold medal count to 24 and the overall total to 86.
First, Cole Hocker won the men’s 1,500-meter relay, coming from behind in the final seconds to set an Olympic record at 3 minutes and 27.65 seconds.
Then Gabby Thomas earned her first Olympic gold medal, winning the women’s 200-meter final after taking the bronze back in Tokyo. Thomas crossed the finish line in 21.83 seconds to give the U.S. its first gold in the event in 12 years.
Donald Trump sparks controversy after questioning Kamala Harris’ racial identity
Former President Donald Trump’s comments about Vice President Kamala Harris at a conference of Black journalists in Chicago on Wednesday, July 31 are creating controversy on the campaign trial. Trump made the remarks after being asked if he agrees with Republicans on Capitol Hill who have said the vice president was a “DEI hire.”
“Do you believe that Vice President Kamala Harris is only on the ticket because she is a Black woman?” ABC News’ Rachel Scott asked him.
“Well, I can say no,” Trump said. “I think it’s maybe a little bit different. So, I’ve known her a long time indirectly, not directly very much, and she was always of Indian heritage, and she was only promoting Indian heritage. I didn’t know she was Black until a number of years ago when she happened to turn Black. And now she wants to be known as Black. So, I don’t know, is she Indian or is she Black?”
“She has always identified as a Black woman,” Scott interjected, “she went to a historically Black college.”
“You know what, I respect either one,” Trump said. “I respect either one, but she obviously doesn’t. Because she was Indian all the way and then all of a sudden, she made a turn and she went, she became a Black person.”
Vice President Harris responded to Trump’s comments during a campaign stop of her own in Houston, Texas on Wednesday, July 31.
“We all here remember what those four years were like,” Harris said. “And today we were given yet another reminder. This afternoon, Donald Trump spoke at the annual meeting of the National Association of Black Journalists, and it was the same old show, the divisiveness and the disrespect. And let me just say, the American people deserve better. The American people deserve better. The American people deserve a leader who tells the truth, a leader who does not respond with hostility and anger when confronted with the facts. We deserve a leader who understands that our differences do not divide us. They are an essential source of our strength.”
During her daily press conference, White House press secretary Karine Jean-Pierre responded to Trump’s comment, saying “it’s insulting.”
The former president defended his comments on his Truth Social platform, saying the questions he was being asked were “rude and nasty” and “often in the form of a statement” rather than question.
Some Black Republican lawmakers have also jumped in to defend him — like Texas Rep. Wesley Hunt. Hunt posted a statement on his own Truth Social account reading in part, “He stood strong in the face of vicious attacks and gotcha questions, because that’s what leaders do.”
Rep. Byron Donalds, R-Fla., also commented on the former president’s remarks in a post on X.
“Fostering tough conversations and debate is how we make America great again for all Americans,” Donalds said. “Unlike Kamala Harris, President Trump is not afraid of going into any venue, any time, anywhere.”
