Broke On: Tuesday, 30 July 2024
The Federal Reserve is expected to make the first interest rate reduction since 2020 on September 30, 2024, following a year of economic growth and cooling inflation. This development could lead to lower mortgage rates for homeowners and buyers, potentially refinancing or securing more affordable housing. The Fed's decision will impact markets as investors rotate from tech shares to other sectors in anticipation of broader interest rate trends.
Broke On: Monday, 29 July 2024
On July 29, 2024, in Cancun, Mexico, gunmen on jet skis killed a 12-year-old boy during a shootout between drug dealers. This tragic incident is part of escalating violence in Mexican resorts along the Caribbean coast. Authorities are investigating and President Andrés Manuel López Obrador has appealed for peace.
Broke On: Tuesday, 30 July 2024
In a rare bipartisan vote on July 30, 2024, the US Senate passed two bills aimed at enhancing online safety for minors: Coppa 2.0 and the Kids Online Safety Act. These bills regulate targeted advertising, data collection without consent, and provide parents with tools to supervise their children's use of social media platforms. The bills also require platforms to respond to reports of harm caused to minors.
Broke On: Tuesday, 30 July 2024
Former President Trump narrowly survives an assassination attempt during a rally in Pennsylvania in July 2024. The Secret Service and FBI discuss investigation details, including a 25-minute heads-up about a suspicious person before the shooting, and the discovery of the shooter's social media account with antisemitic and anti-immigration themes. Acting Director of the Secret Service Ronald Rowe expresses shame over security lapses, as neither countersniper teams nor Trump's security detail were aware of the armed man on the roof before hearing gunshots.
Broke On: Tuesday, 30 July 2024
Israeli forces targeted and killed senior Hezbollah adviser Fuad Shukr in Beirut, holding him accountable for the deadly attack on a children's soccer field in the Golan Heights that claimed 12 lives.
Broke On: Tuesday, 30 July 2024
An Israeli man was killed in a Hezbollah rocket strike on Kibbutz HaGoshrim, prompting IDF retaliation against Hezbollah targets in southern Lebanon. Tensions escalate between Israel and Hezbollah following attacks, with US special envoy Amos Hochstein working towards a diplomatic resolution. The situation remains complex and volatile as the Druze community voices concerns over accusations towards Hezbollah.
Broke On: Tuesday, 30 July 2024
Vice President Kamala Harris raised over $200 million for her campaign in a week, with a notable independent fundraiser by 'White Dudes for Harris' contributing over $4 million. Contrary to rumors, Cincinnati Bengals quarterback Joe Burrow did not attend the event.
Broke On: Tuesday, 30 July 2024
Former President Trump stirred controversy by telling a Christian audience they wouldn't need to vote if he won again. Despite opportunities to clarify, Trump repeated the statement, raising concerns about democratic integrity. Interpretations vary from a strong voter base to an attempt to undermine elections.
Broke On: Sunday, 28 July 2024
Vice President Kamala Harris' presidential campaign has garnered over $200 million in Democratic funding and generated organic excitement among liberal creators, positioning her as a strong contender against former President Trump.
Broke On: Monday, 29 July 2024
Following disputed presidential elections in Venezuela, opposition coalition members and international observers allege fraud, leading to widespread protests in cities like Caracas, Buenos Aires, Madrid, and Valencia. Clashes between demonstrators and security forces have resulted in at least six deaths and 749 detentions. The US and OAS denounce the official results as Venezuela's people continue to face poverty with limited access to basic necessities.