The Daily Factum
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US Economy Produces $22.7 Trillion in Q1 2024: A Closer Look at Growth, Consumption, Inflation, and Employment
Broke On: Monday, 10 June 2024The US economy produced $22.7 trillion in goods during Q1 2024, with consumers driving spending and retail sales increasing, but growth slowed down and inflation remained above target. Employment data showed conflicting signals as unemployment rose slightly despite strong labor demand growth. Nvidia's advance fueled stock market excitement amid record highs for major averages, but challenges included regulatory actions against Southern Glazer's Wine and Spirits and Samsung Electronics workers' strike. Far-Right Parties Make Gains in European Parliament Elections, Centrists Remain in Power
Broke On: Monday, 10 June 2024Far-right parties made gains in recent European Parliament elections, with France and Germany seeing significant growth. The European People's Party, a center-right group, finished first and attributed their success to integrating right-leaning policies. This shift led to the watering down of the Green Deal and tightened migration policy. Emmanuel Macron called for new elections following results, while Germany's AfD gained seats despite allegations of corruption. Belgium's Prime Minister resigned after his party suffered defeats. The far-right parties secured 45 seats as part of the non-aligned group, demonstrating their influence but not overpowering the center of European politics. Divided Response: PA House Witnesses Jeers and Applause for Former Capitol Officers Harry Dunn and Aquilino Gonell
Broke On: Thursday, 06 June 2024Two former Capitol officers, Harry Dunn and Aquilino Gonell, received opposing receptions during their Pennsylvania House of Representatives appearances in 2024. While Democrats praised them for defending democracy during the Jan. 6 insurrection, several Republicans jeered and walked out in protest. Hunter Biden's Gun Trial: Witness Testimonies and Allegations of Drug Use
Broke On: Monday, 10 June 2024Hunter Biden, President Joe Biden's son, is on trial for lying about his drug addiction on a federal gun form while facing three felony charges. The trial, ongoing in Delaware's federal court since June 6, 2024, includes testimonies from Hunter's former wife and girlfriend as well as his brother's widow. Prosecutors allege Hunter purchased a gun days after completing rehab but used drugs during that period. Defense argues inconsistencies in testimonies and no evidence of drug use at time of purchase. Israeli Special Forces Rescue Four Hostages, but at What Cost? Over 270 Palestinians Killed in Gaza Raid
Broke On: Sunday, 09 June 2024Four Israeli hostages were rescued in a secret operation, but over 270 Palestinians were reported killed during the Israeli raid in Gaza. The mission, named 'Arnon' after a fallen officer, successfully extracted the hostages without further casualties but resulted in heavy Palestinian losses. Critics question the proportionality and accuracy of force used by Israeli forces following the high civilian death toll. Two Criminal Investigations Against Robert Shinn for Sexual Battery Allegations: A Look into the Ongoing Controversy Surrounding Shekinah Church Founder
Broke On: Tuesday, 01 August 2023In August 2023, Robert Shinn, founder of Shekinah Church and 7M Films Inc., faced two criminal investigations for sexual battery allegations. One case was based on claims from a former 7M member featured in Netflix's 'Dancing for the Devil'. Both cases were later dismissed due to insufficient evidence and reporting delays. Amidst these allegations, Shinn denies all accusations made against him. He is also facing a civil lawsuit for fraud, sexual abuse, and forced labor from former members. Shinn has also sued the sisters for defamation over claims he referred to Shekinah as a cult on social media. Apple's WWDC 2024: AI Strategy Updates, iOS 18 Features, and Potential New Robots
Broke On: Monday, 10 June 2024Apple's WWDC 2024 brings AI strategy updates, iOS 18 features, and potential new robot development. Apple shares trail behind Nvidia, raising investor concerns about AI technology. Rumored iOS 18 features include customizable Home Screens and improved Control Center. The keynote address on June 10th is expected to provide details on Apple's AI strategy and platform updates. North-South Korea Tensions: Trash Balloons and Propaganda Exchange
Broke On: Sunday, 09 June 2024North Korea retaliates against South Korea with trash balloons and propaganda, following the launch of anti-Pyongyang materials across the border. Former President Trump to Undergo Probation Interview Ahead of July Sentencing in New York Criminal Case
Broke On: Monday, 10 June 2024Former President Donald Trump faces a probation interview on June 17, 2024, ahead of his July 11 sentencing for falsifying business records related to hush money payments. The interview will occur via video conference from Mar-a-Lago and could impact the sentence by providing personal information and demonstrating attitude towards probation officer. Macron Calls for Snap Elections After Far-Right Party's Victory in European Parliament Elections: A Shift in French Politics
Broke On: Sunday, 09 June 2024French President Emmanuel Macron called for snap elections after Renaissance party's crushing defeat in European Parliament elections, with far-right National Rally securing 31.5% of votes. Macron aims to regain control and dissolve the French lower house, holding parliamentary elections on June 30 and July 7.