The Daily Factum
Deprogramming the News
Breaking News
G20 Finance Ministers Discuss Global Tax on Billionaires: Brazil Proposes 2% Wealth Levy, US Opposes
Broke On: Thursday, 25 July 2024G20 finance ministers discussed a global tax on billionaires during their meeting in Rio de Janeiro, with Brazil advocating for a 2% income tax on wealth over $1 billion. The proposal gained support from France, Spain, and South Africa but faced opposition from the US. A report by French economist Gabriel Zucman estimated that such a tax could raise up to $250 billion annually for public services and climate change initiatives. Amid growing wealth inequality, the discussions aim to promote social cohesion. 
Three Major Wildfires Ravage California: Park Fire Threatens Thousands, Destroys Over 130 Structures
Broke On: Friday, 26 July 2024Three major wildfires, including the destructive Park Fire in California, threaten thousands of homes and have already destroyed over 130 structures. The largest fire, caused by arson, has forced evacuations in Butte, Plumas, Tehama and Shasta counties. Governor Gavin Newsom has declared states of emergency as fires continue to rage during a heatwave and bone-dry conditions. 
One Death, 13 Cases: Montana E. coli Outbreak Traced to Contaminated Ground Beef at Five Restaurants
Broke On: Sunday, 14 July 2024An E. coli outbreak in Montana linked to ground beef from a specific lot has resulted in one death and at least 13 illnesses. The affected restaurants have removed the contaminated product, and public health officials urge anyone who consumed undercooked burgers between July 1 and July 14 to seek medical attention if experiencing symptoms. E. coli infections can be prevented by properly cooking ground beef and practicing good hygiene. 
Dak Prescott, CeeDee Lamb, and Micah Parsons: The Dallas Cowboys' Contract Negotiations Amidst Super Bowl Aspirations
Broke On: Thursday, 25 July 2024The Dallas Cowboys are in contract negotiations with key players Dak Prescott, CeeDee Lamb, and Micah Parsons. Prescott finished second in MVP voting last season and is a free agent next March. Lamb awaits an extension and could follow Parsons' holdout plan. The Cowboys stress the importance of these deals but prioritize winning the Super Bowl over contractual issues. 
UFC 304: Edwards vs Muhammad II and Aspinall vs Blaydes - Two Title Rematches in Manchester
Broke On: Monday, 22 July 2024UFC 304 in Manchester: Leon Edwards defends welterweight title against Belal Muhammad, Tom Aspinall eyes heavyweight stardom vs Curtis Blaydes. 
Deadpool and Wolverine Team Up: A Hilarious and Action-Packed MCU Adventure
Broke On: Friday, 26 July 2024Deadpool and Wolverine join forces in the latest MCU production, bringing their unique blend of action, humor, and cameos to Disney's Marvel universe. In this third Deadpool installment, Ryan Reynolds and Hugh Jackman team up for a groundbreaking collaboration. 
Google Play Store Overhaul: Enhanced App Browsing with AI, Curated Spaces, and Personalized Controls
Broke On: Wednesday, 24 July 2024Google Play Store unveils major updates, introducing AI-generated app summaries, curated spaces for topic discovery, multi-select interest filters, multiplayer capabilities for PC users, and personalized control over app data access. 
Mega Millions Jackpot of $306 Million and a $4 Million Second Prize Sold in New Jersey on July 26, 2024
Broke On: Friday, 26 July 2024On July 26, 2024, the Mega Millions lottery reached a jackpot of $306 million. A second-prize ticket worth $4 million was sold in Hazlet, New Jersey. 
Wall Street Rebounds: Dow Surges 1.6%, S&P and Nasdaq Gain as Economy Improves and Earnings Exceed Expectations
Broke On: Friday, 26 July 2024Wall Street rallied on July 26, 2024, with all major indexes surging due to optimistic earnings reports and encouraging economic signals. The Dow Jones Industrial Average gained over 650 points, while the S&P 500 and Nasdaq composite index registered gains of around 1%. Analysts attributed this bounce-back to low unemployment, rising wages, decelerating inflation rates, and potential Fed rate cuts in September. Leading the positive results were manufacturers like 3M and telecommunications companies such as Charter Communications. The broader market rally now cuts across industries as investors seek opportunities beyond tech stocks. 
Jasper, Alberta's Devastating Wildfire: 33% of Buildings Destroyed, 89,000 Acres Burned
Broke On: Friday, 26 July 2024A massive wildfire in Jasper, Alberta destroyed about 33% of buildings in the town and evacuated over 28,000 residents and visitors. The fire burned through approximately 89,000 acres (36,000 hectares) in Jasper National Park. Causes are under investigation but tropical storm force winds contributed to its rapid spread.