The Daily Factum
Deprogramming the News
Breaking News
Zach Edey's NBA Debut: Double-Double and Impressive Performance in Summer League for Memphis Grizzlies
Broke On: Tuesday, 09 July 2024On July 9, 2024, NBA rookie Zach Edey made a strong debut for the Memphis Grizzlies in the Summer League against the Utah Jazz. He finished with a double-double of 14 points and 15 rebounds, adding four blocks and showcasing his mobility with a transition basket. Despite missing a put-back dunk, Edey tipped in a missed free throw to force overtime. Drafted ninth overall after Steven Adams' trade, the Canadian centre's impressive college stats set high expectations for his professional career. 
New Sexual Assault Charges Against Harvey Weinstein: Manhattan Prosecutors Announce Investigation, Potential New Survivors Come Forward
Broke On: Tuesday, 09 July 2024Manhattan prosecutors plan to bring new sexual assault charges against Harvey Weinstein, with potential survivors coming forward after his previous trial. The investigation is ongoing, and a timeline for the grand jury or trial has not been set. 
Gladiator II: Lucius' Quest for Honor and Freedom in Ancient Rome
Broke On: Tuesday, 09 July 2024In the trailer for 'Gladiator II', Lucius, the son of Lucilla from Ridley Scott's 'Gladiator', embarks on a journey to reclaim his honor and avenge his family's loss in ancient Rome. Forced into slavery by tyrannical emperors Caracalla and Geta, Lucius enters the Colosseum to face off against formidable opponents like Macrinus (Denzel Washington) and Marcus Acacius. With a star-studded cast, stunning visual effects, and intense action sequences, 'Gladiator II' promises an epic tale of courage and honor in the face of tyranny. 
Google Maps Adds Live Speedometer Feature for iPhone and CarPlay Users: A Global Rollout
Broke On: Tuesday, 09 July 2024Google Maps introduces live speedometer for iPhone and CarPlay users, enhancing navigation functionality. 
Record-Breaking Days for S&P 500 and Nasdaq: Anticipation of Inflation Data and Earnings Reports Amid Optimistic Economic Landscape
Broke On: Tuesday, 09 July 2024On July 9, 2024, the S&P 500 and Nasdaq hit record highs as investors anticipated key inflation data and Q2 earnings reports. The market's positive sentiment was driven by expectations of a Federal Reserve interest rate cut due to easing inflation and economic weakness. Despite adding more jobs than expected in June, the unemployment rate unexpectedly rose to 4.1%. Piper Sandler warned of a potential deeper correction, while Morgan Stanley's CIO predicted a near-term correction with concerns about market froth and expensive names. 
Fed Chair Powell Balances Inflation and Labor Market Concerns, Signals Possible Rate Cut
Broke On: Tuesday, 09 July 2024Federal Reserve Chair Jerome Powell expressed concerns about the potential negative impact of holding interest rates too high for an extended period, acknowledging recent data showing inflation receding and indicating continued progress could lead to rate cuts. Powell emphasized the need to strike a balance between cooling the economy and fully stamping out inflation without causing a recession. Despite some lawmakers urging for earlier rate cuts, Powell indicated more economic data confirming cooler inflation is needed before making a decision. Thousands Forced to Flee: Israeli Military Operations in Gaza City Displace Nearly 2 Million Residents Amid Escalating Conflict
Broke On: Monday, 08 July 2024Thousands of Palestinians in Gaza City have been forced to flee their homes due to Israeli military operations, causing mass displacement and overcrowding in hospitals. The conflict has disrupted cease-fire talks and raised concerns over potential human rights violations. Russian Missiles Hit Kyiv Children's Hospital, Killing at Least 68 and Injuring Over 200
Broke On: Monday, 08 July 2024In Kyiv, Ukraine, at least 68 people were killed and over 200 injured when a children's hospital was hit by Russian missiles on Monday. The attack disrupted ongoing treatments and surgeries for young cancer patients, resulting in additional fatalities. Ukrainian President Volodymyr Zelenskyy condemned the incident and called for an investigation while addressing the NATO summit via video link. 
109 Shot, 19 Killed in Chicago's Violent Fourth of July Weekend: Mayor Johnson Urges Community Cooperation and Calls for More Resources
Broke On: Monday, 08 July 2024Over 100 people were shot and 19 fatalities reported during Chicago's Fourth of July weekend, including three mass shootings and the death of an 8-year-old boy. Mayor Brandon Johnson and CPD Supt. Larry Snelling urged for community cooperation to identify suspects, while expressing condolences for victims' families. The city has seen a drop in gun violence this year but experienced a surge over the holiday weekend. 
American Citizen Injured in Hezbollah Missile Attack on Northern Israel: A Response to Israeli Airstrike
Broke On: Tuesday, 09 July 2024An American citizen was injured by missile fire during a recent escalation of tensions between Israel and Hezbollah. The incident followed Hezbollah's retaliation to an Israeli airstrike that killed a senior operative, resulting in Israeli military strikes on Hezbollah structures.
