ibt-mailAug 1, 2024, 9:51 AM

Trump Says Harris Decided To 'Turn Black'

Newsletter Aug 1, 2024 Quick Six Trump says Harris decided to 'turn black' as race heats up Donald Trump questioned Wednesday whether Democrat Kamala Harris is really Black or is using race as

Newsletter Aug 1, 2024

Quick Six

Trump says Harris decided to 'turn black' as race heats up
Donald Trump questioned Wednesday whether Democrat Kamala Harris is really Black or is using race as a political convenience in an interview that sent shockwaves through the 2024 presidential contest. "I didn't know she was Black until a number of years ago when she happened to turn Black," Trump told a panel at a Black Journalists conference in Chicago. Trump's comments were the latest in a stream of ratcheted up personal attacks on Harris, and follow his multiple remarks this week in which he accused Harris -- who is married to a Jewish-American -- of being anti-Semitic.
PRESIDENT BIDEN'S RESPONSE TO TRUMP'S COMMENTS

Fed stands firm on interest rates but hints at September cuts
The Federal Reserve opted to hold interest rates at a two-decade high on Wednesday, but dropped hints about a September start to rate cuts. The central bank's key lending rate has been between 5.25% to 5.50% for the past year, with policymakers seeking to bring inflation back down toward the long-term target of 2%. The Fed's favored measure of headline inflation eased to an annual rate of 2.5% last month, while economic growth has remained resilient, and the labor market has come into better balance.
WHY THE FED IS READY TO CUT RATES IN SEPTEMBER

Delta says global tech outage will cost company over $500M
Delta Air Lines faces over $500 million in costs due to the global tech outage earlier this month, which particularly disrupted airline services. The figure includes the cost of "compensation and hotels" during the five-day disruption. CrowdStrike, the security company responsible for the global tech outage, attributed the problem to a bug in an update that led their cybersecurity systems to release "bad data" to millions of computers worldwide.
WHY DELTA AIR LINES WAS THE HARDEST HIT BY OUTAGE

BYDFi : BUILD Your Dream Finance

Amidst growing confidence in cryptocurrencies, BYDFi stands out with professional and innovative services

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* As of market close

Israeli strikes kill Hamas, Hezbollah leaders

Hamas leader Ismail Haniyeh was killed in an Israeli strike in Iran, where he had been attending the inauguration of the country's new president. Iran's Revolutionary Guards said Haniyeh's residence in Tehran was "hit" and he was killed along with a bodyguard. Haniyeh's killing came after Israel on Tuesday struck a Hezbollah stronghold in southern Beirut, killing a senior commander of the Iran-backed group it said was responsible for a weekend attack on the Golan Heights that killed 12 children. The body of Shukr was recovered Wednesday from the rubble of an Israeli strike in Beirut, as fears of a wider war intensify.

PALESTINIANS DESCRIBED THE ATTACK AS 'A THUNDERBOLT'

Musk, Maduro waging war of words online

Venezuelan President Nicolas Maduro, whose claim to victory at the polls has been widely contested, is no friend of billionaire Elon Musk, and the feeling is clearly mutual, with their war of words escalating amid the political crisis in Caracas. Musk, an ultra-capitalist who backs Donald Trump, is everything that the socialist Maduro despises. But in recent days, the bus driver-turned-leader of oil-rich, cash-poor nation of Venezuela has Musk -- who he calls his "arch-enemy" -- in his sights.

THE ESCALATING WAR OF WORDS BETWEEN MUSK, MADURO

Hollywood A-listers catch Olympics fever

Hollywood is out in force at the Paris Olympics -- perhaps taking notes before the United States' turn to host with the next Games in 2028. Tom Cruise, Nicole Kidman, Steven Spielberg, Lady Gaga, actor Jessica Chastain, director Spike Lee -- there have been plenty of A-listers around Paris for the first few days of the Games. The biggest celebrity draw has been Artistic Gymnastics, arguably the hottest ticket this week as American superstar Simone Biles added to her medal haul.

SEE THE STAR-STUDDED LIST OF CELEBRITIES AT THE GAMES

Extra point

Who was the only person to win an Olympic gold medal and an Oscar?

Wednesday's answer: Olympic participation has grown in the century since Paris last hosted -- from 44 nations in 1924 to over 200 this year.

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