Author: Gist It

The job market is cooling but still surprisingly strong. Is that a good thing?

The US job market remains strong despite showing signs of cooling, with 209,000 jobs added in June, and unemployment falling to 3.6%. However, the persistently strong labor market could exacerbate inflation issues. Labor market overview: While job growth is slowing, the US economy continues to show resiliency. * June saw an increase of 209,000 jobs, […]

July 8, 2023
Maryland Rep. Jamie Raskin passes on Senate, announces House reelection run

Maryland Rep. Jamie Raskin has decided to forego a Senate run to focus on his House reelection campaign for a fifth term. Announcement details: Raskin announced his decision to seek re-election to the House on Friday night. * He had been considering a Senate run but now says the best way to make a difference […]

July 8, 2023
The U.S. is sending cluster bombs to Ukraine despite humanitarian warnings

The United States is supplying Ukraine with cluster munitions to aid in its defense against Russia, despite human rights warnings about potential civilian harm. Breaking the news: Undersecretary of Defense for Policy, Colin Kahl, announced a new round of $800 million in defense aid to Ukraine, including controversial cluster bombs. * President Biden called the […]

July 7, 2023
Twitter threatens to sue its new rival, Threads, claiming Meta stole trade secrets

Twitter is threatening legal action against its new rival, Threads, accusing it of stealing trade secrets. Tensions arise: Twitter’s lawyer sent a letter to Meta CEO Mark Zuckerberg, accusing Threads of “systematic, willful, and unlawful misappropriation of Twitter’s trade secrets and other intellectual property.” * The letter suggests that Meta unfairly hired dozens of former […]

July 7, 2023
Gold Star families allegedly defrauded of death benefits by adviser

A U.S. Army Reserves Major and financial counselor, Caz Craffy, is facing multiple criminal charges for allegedly defrauding Gold Star families of their deceased loved ones’ military benefits. Allegations Explained: Craffy, also working as a financial counselor with the Army’s Survivor Outreach Services in New Jersey, allegedly deceived grieving families into transferring hundreds of thousands […]

July 7, 2023
He had a plane to himself after an 18-hour delay. What happened next was a wild ride

Phil Stringer, a 34-year-old frequent traveler, experienced an 18-hour flight delay only to find himself as the sole passenger on the plane, turning the ordeal into an unusual adventure that has since gone viral on TikTok. The delay saga: Stringer’s trip home from Oklahoma City to Charlotte was delayed for maintenance reasons and saw him […]

July 7, 2023
Special counsel has spent millions investigating Trump

The special counsel investigating former President Donald Trump has spent $5.4 million so far, with the majority going toward salaries for staff and litigation support. Investigation details: Jack Smith, the special counsel, is focusing on Trump’s refusal to return classified documents and key aspects of the Jan. 6, 2021, Capitol siege. * Attorney General Merrick […]

July 7, 2023
What to know about the drug price fight in those TV ads

Ongoing debates and new legislation targeting prescription drug prices have spurred a flood of related TV ads, some of which are difficult to trace back to their sponsors. Context on the ad sponsors: Several different groups are funding the advertisements. * The Pharmaceutical Research and Manufacturers of America, which represents major drug companies, is leading […]

July 7, 2023
The U.S. added 209,000 jobs in June, showing that hiring is slowing but still solid

The U.S. saw a gain of 209,000 jobs in June, indicating a slowdown in hiring but still maintaining a solid job market. By the numbers: In June, the United States added 209,000 jobs, which is a decrease from previous months, pointing to a potential cooling in the labor market. * Job gains for the previous […]

July 7, 2023
Up First Briefing: Alzheimer’s drug; Ukraine cluster bombs; tap water chemicals

Today’s top stories include plans by the Biden administration to send cluster munitions to Ukraine, the full approval of a new Alzheimer’s drug, and President Biden’s unfulfilled campaign promises. US-Ukraine development: The Biden administration plans to send cluster munitions to Ukraine, despite human rights concerns. * Cluster bombs have been used by both sides in […]

July 7, 2023

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