Wall Avenue woes: Is it time to begin sounding the recession alarms once more? Wall Avenue is a multitude this morning due to fears concerning the US financial system slowing down, a results of a less-than-ideal jobs report launched on Friday that prompted a mass sell-off. The S&P 500 was down by 4%, the Dow Jones Industrial Common was down 1,197 factors, or 3%, and the Nasdaq composite fell 5.5%. Markets around the globe mirrored Wall Avenue. Japan’s Nikkei 225 dropped a precipitous 12%, the most important dip for the reason that Black Monday crash of 1987. Issues are unhealthy in South Korea markets and in markets throughout Europe. Even gold took a 2% tumble. Appears unhealthy!
Have you ever voted? Washington’s major election is on Tuesday, so you continue to have time to vote!! Which it is best to do!! At this level, to be further positive your poll will arrive on time, drop it in a close-by drop field as an alternative of in a mail field. And, after all, vote the best way The Stranger tells you to. Wanna simply learn our CliffsNotes? This is the election cheat sheet.
Hollingsworth pulls anti-worker invoice: Council Member Pleasure Hollingsworth mentioned “lol jk” concerning the invoice she launched final week to impose a everlasting sub-minimum wage for restaurant staff. The invoice would enable companies with fewer than 500 staff to proceed permitting tricks to rely towards the wage, a decade-long compromise from labor set to finish subsequent 12 months. Hollingsworth mentioned this invoice was about beginning the dialog. Nicely, it actually did, and she or he obtained an earful from staff, activists, and good ol’ Kshama Sawant about how bullshit that dialog was. Finally, the strain labored. Now Hollingsworth and the mayor’s workplace will run a “stakeholdering course of” earlier than introducing a distinct model of the invoice. However there already was a stakeholdering course of! Ten years in the past! Once we handed the fucking $15 minimal wage!!!!
A great reminder: Please really vote, so we do not find yourself with extra company drones on the council and in different branches of presidency. Clearly, these persons are not keen on really serving to individuals.
US wins gold in 100-meter sprint picture end: American Noah Lyles beat Jamaica’s Kishane Thompson by 5 thousandths of a second, or, because the Related Press described it, 20 instances longer than it takes to blink an eye fixed.
NOAH LYLES’ OLYMPIC DREAM COMES TRUE!
100M GOLD MEDALIST. #ParisOlympics pic.twitter.com/qR6bkXLHhE
— NBC Olympics & Paralympics (@NBCOlympics) August 4, 2024
Aberdeen Metropolis Councilman arrested: Police arrested Riley Carter, 39, final week on suspicion of first-degree rape of a kid. The sufferer, a minor, reported that Carter touched them sexually “quite a lot of instances.” Carter reportedly instructed a detective that the sufferer’s narrative was true. His bail is about at $150,000.
These astronauts are nonetheless in house: The 2 astronauts who went on a crewed take a look at flight of the brand new Boeing Starliner capsule have been solely supposed to remain on the Worldwide House Station for eight days. It has been 59 days. Technical points corresponding to helium leaks and glitchy thrusters delayed their return flight. NASA and Boeing are adamant that these astronauts should not caught in house and that these bumps and delays are all a part of spaceflight. Nonetheless, they do not have a return date, but. That does not assist the not-stuck-in-space narrative.
Beginning of a mind worm: To get forward of a New Yorker profile on him, Robert F. Kennedy Jr. launched this bizarre video of him explaining how he scooped up a bear cub carcass after which, as a joke, put it in Central Park beneath a bicycle so individuals would surprise if the bear died through biking accident. Within the New Yorker piece, RFK Jr. joked that dealing with the useless bear might have been how he first contracted a mind worm.
Trying ahead to seeing the way you spin this one, @NewYorker… pic.twitter.com/G13taEGzba
— Robert F. Kennedy Jr (@RobertKennedyJr) August 4, 2024
The bear cub thriller: That is so darkish. Only a prank, although!
How NYC native information coated the useless bear RFK Jr put into Central Park ten years in the past 😬👀 https://t.co/J25gDeLQ1Q pic.twitter.com/nJio51Li3R
— Luther Lowe (@lutherlowe) August 4, 2024
Hey, knock that off: Thieves nabbed $30,000 value of kit and equipment from the Key Peninsula Hearth Division. Firefighters want that stuff to save lots of your lives, dummies.
Bangladesh prime minister flees: Prime Minister Sheikh Hasina, who has been in energy for 15 years, fled the nation and resigned from her put up Monday as a result of rising violence within the protests over her coverage establishing a quota system for presidency jobs. The protests started when college students peacefully spoke out towards the quota system, which they mentioned favored candidates from Hasina’s get together. However, they gained momentum and changed into a broader protest towards Hasina and her get together. The federal government has used power to cease the protests, killing 300 individuals within the course of. On Sunday alone, 95 individuals have been killed. Authorities reduce web entry on Sunday, hoping to cease protests that approach. Then, on Monday, 1000’s stormed Hasina’s non-public residence. Her departure will doubtless trigger much more unrest, in accordance with Politico.
A heatwave in Antartica: It is southern hemisphere winter proper now, and issues are approach hotter than regular. Floor temperature throughout the Antarctic ice sheets is 50 levels Fahrenheit larger than it needs to be. Temperatures are nonetheless under zero, however they are much hotter than is typical for this time of the 12 months. For instance, in accordance with CNN, “excessive temperatures in parts of East Antarctica which might be sometimes between minus 58 and minus 76 levels Fahrenheit at the moment are nearer to minus 13 to minus 22 levels Fahrenheit.” These are summer time situations within the useless of winter on the south pole.
Cute! Brazilian gymnast Rebeca Andrade received gold in gymnastics ground, beating out Individuals Simone Biles and Jordan Chiles. The 2, all smiles, bowed all the way down to Andrade on the rostrum.
That is all the things. pic.twitter.com/FrXz7wWtQg
— The Olympic Video games (@Olympics) August 5, 2024
A track in your Monday: One thing upbeat so that you can begin the week. As a result of I care.
