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Jul 25, 2024, 10:06 AM UTC

Biden Passes Torch To Harris In National Address

Newsletter Jul 25, 2024 Quick Six Biden passes torch to Harris in primetime national address President Joe Biden gave what could be his final Oval Office speech Wednesday to explain why he dropped out

Newsletter Jul 25, 2024

Quick Six

Biden passes torch to Harris in primetime national address
President Joe Biden gave what could be his final Oval Office speech Wednesday to explain why he dropped out of November's election and deny that he will spend six months as a lame duck. With the world's eyes already on a looming clash between Vice President Kamala Harris and Donald Trump, Biden told the nation that he still has work to do despite his historic decision to bow out. The speech was Biden's first since stepping aside from the race on Sunday while quarantining from COVID-19 after weeks of pressure following a disastrous debate performance last month.
BIDEN'S SPEECH MAY BE ONE FOR THE HISTORY BOOKS

Harris-Trump matchup neck-and-neck in latest polling data
Vice President Kamala Harris is in a statistical tie with former President Donald Trump in one of the first polls since she became the likely Democratic nominee, according to a NPR/PBS News/Marist College poll. This is after a major increase in undecided independent voters following President Joe Biden's withdrawal from the race. The poll revealed Harris with 45% among registered voters, trailing Trump by a single point at 46%.
WHAT DOES THE POLL SAY WHEN RFK JR. IS INCLUDED?

Tesla stock retreats following disappointing earnings report
Tesla's stock experienced a significant drop on Wednesday, plummeting by 12%, following a disappointing earnings report that highlighted declining profits amid increasing competition and sluggish sales. This latest financial release fell short of Wall Street's profit expectations, contributing to a broader narrative of challenges faced by the electric vehicle (EV) giant.
HOW TESLA'S DELAYED ROBOTAXI IS HURTING PROFITS

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* As of market close

Netanyahu's speech reveals deep divisions

Israeli Prime Minister Benjamin Netanyahu addressed a joint session of the US Congress on Wednesday, calling for stronger bipartisan support amid the ongoing conflict with Hamas in Gaza. His speech, set against a backdrop of political tensions and widespread protests, highlighted the deep divisions within both U.S. and Israeli politics. Netanyahu's address was primarily facilitated by House Speaker Mike Johnson, a vocal critic of President Joe Biden's handling of the conflict.

BIDEN'S EXIT COULD MEAN BIG CHANGES FOR US-ISRAEL TIES

US lawmakers ask Meta to save digital tool

US lawmakers voiced "concern" Wednesday over Meta's decision to shut down CrowdTangle -- a digital tool considered vital in monitoring falsehoods -- in a major election year, urging the tech giant to delay the move by six months. The company has said CrowdTangle will be unavailable after Aug. 14, just 11 weeks before the US election. Meta plans to replace it with a new tool that researchers say lacks the same functionality, and which many news organizations will not have access.

WHY US LAWMAKERS ARE INTERESTED IN META KEEPING TOOL

Trash balloon warfare continues in Koreas

North Korean sweet wrappers and packets of crackers made at a factory once visited by leader Kim Jong Un were seen on streets in the South Korean capital Wednesday. The North has sent thousands of balloons carrying bags of trash southwards since May, in a tit-for-tat propaganda war between the two Koreas, with Seoul blasting K-pop and anti-regime messages from loudspeakers along the border in return.

SEE HOW TRASH WARFARE IS HEATING UP BETWEEN KOREAS

Extra point

Under a 1953 UN deal, each side is allowed to station how many troops at the Korean DMZ, with each possessing how many firearms?

Wednesday's answer: Both the hottest and coldest days on record occurred on July 21 -- the hottest in 2024 (17.09 degrees Celsius, 62.7 degrees Fahrenheit) and the coldest in 1983 (−89.2 °C, −128.6 °F).

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