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1. Coronavirus
First the good news: A recent round of studies shows that humans have a “robust” immune response to Covid-19 that may protect them from further infection. It is not yet clear how long such a reaction could last, but scientists are hopeful that this means that humans will not have to endure recurrent coronavirus infections. Plus, it may indicate a good fax response. Well, the bad news: Dr. Anthony Fauci says the long-term effects Covid-19 can have on survivors, especially younger people, are “really troublesome.” In parts of Latin America and Asia, cases are rising at crucial rates, with protests erupting in Argentina and concerns about a new national epidemic in South Korea. Meanwhile, everything seems to be laid back in Wuhan. Thousands of people gather in an open-air water park for an electronic music festival – no masks or social distance in sight.
2. Democratic National Convention
The first night of the DNC featured a variety of speakers all seeking to make the case for presumptive nominee Joe Biden, while declaring the presidency of Donald Trump on several fronts. The headliner of the night was former First Lady Michelle Obama, who made a moral case against President Trump and called him “the wrong president for our country.” Sen. Bernie Sanders, plus former GOP Gov. of Ohio, John Kasich and a trio of other former top Republicans also spoke. Non-politicians also made a big impact. A woman who lost her father, a Trump supporter, to Covid-19 gave a moving speech, and family members of George Floyd addressed the national public, urging Americans not to give up the fight for racial justice.
3. Postal service
The House of Representatives is set to return this weekend to vote on a bill that would provide $ 25 billion in funding for the U.S. Postal Service, despite objections from the White House. The bill has not yet been passed, but House leaders say it will also ban some of the controversial changes to the USPS that were recently introduced by Postmaster General Louis DeJoy. (By the way, DeJoy is a donor of the Trump campaign and has a substantial stake in a company that does business with the Postal Service.) The bills and the massive promises of funding are the latest push by Trump critics to limit what they say that it is an obvious attempt to suppress voters in the form of hamstrung postal operations in a year when voting for post-in is of paramount importance.
4. Economy
Stimulus negotiations are sputtering, the pandemic is still widespread, US and China are at loggerheads and economic uncertainty is rampant, but Wall Street is raging. The Nasdaq Composite set a new closing record yesterday, and the S&P 500 came close to hitting its high in February – a 51% growth since its lowest point in March. These numbers could signal the end of the excruciating bear market of 2020, but there are some indicators that the high times may fall again. CEOs, leading shareholders and other seniors have been dumping more than $ 50 billion worth of shares since the start of May, indicating that insiders for some reason do not hope the rally will last. (And, of course, the unpredictable nature of the presidential election does not help.)
5. Taiwan
The US has finalized a sale of 66 new American-made F-16 fighter jets to Taiwan, marking the largest arms sale to the self-governing island in years. As you can imagine, China was not happy about that. Chinese state-run media published a critique of the deal, implying that the US helped Taiwan to try to become more independent of Beijing. The US says the deal will help Taiwan keep pace with Beijing’s military power. Tensions over the island have been building for a while. When U.S. Secretary of Health and Human Services Alex Azar visited Taiwan last week, China condemned the visit and launched military demonstrations in response.
BREAKFAST BROWSE
A heatwave will continue to score with the US this week
Can you socially distance yourself from the weather? Is that even possible?
Tiger Woods’ 11-year-old son wins junior golf tournament
And so begins the next generation of golf dominance.
300 Pizza Huts close after a giant franchisee goes bankrupt
Everything you knew and loved as a younger person is slowly dying out …
… except Payless
The shoe store is bouncing back from bankruptcy and plans to open hundreds of stores in the coming years.
A new mural by Dolly Parton appeared in Nashville, honoring the singer and her thoughts on Black Lives Matter
There’s a reason she’s a queen.
Today’s issue
$ 2.15 trillion
That’s how much opioid manufacturers have cost the U.S. economy, according to a claim filed against Purdue Pharma and other distributors and manufacturers by almost every U.S. state and many areas.
IT TITAAR
“Jesus put the 500 in rows. But not this one.”
One of the boards that adore low pews Savior Presbyterian Church in New Orleans. The church’s humorous enforcement of social distancing rules has received a lot of love online.
WEADER OF TODAY
Check your local forecast here >>>
BUT DECIDE
One by one
It’s amazing what kinds of tasks can be completely satisfying to watch, especially when they are finished with a skilled hand and a little soothing music in the background. (Click here to view.)
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