Trump calls on FBI head to resign for comment on Biden’s competency

Mysterious drone sightings continue in New Jersey, with recent reports near a Hunterdon County reservoir, Monmouth, Ocean counties, and Philadelphia-area townships.

While officials state that the drones do not pose a public safety threat, state and federal agencies, including the FBI, are investigating.

The FBI recently requested information about drones spotted along the Raritan River, alongside reports of a possible fixed-wing aircraft, USA Today has reported.

read more: https://www.usatoday.com/story/news/nation/2024/12/07/new-jersey-drone-sightings/76842929007/

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Kamala Harris’s presidential campaign is gaining momentum as expectations rise that the US Federal Reserve will start cutting interest rates by September.

Economists predict a series of rate cuts throughout 2024, following signals from key Federal Reserve officials indicating readiness to ease borrowing costs due to a weakening jobs market.

This development could relieve economic pressure ahead of the closely contested election between Harris and Donald Trump in November, The Guardian has reported.

read more: https://www.theguardian.com/business/article/2024/aug/19/federal-reserve-poised-begin-cutting-interest-rate-early-september

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The Nasdaq 100 Index has entered correction territory, losing over US$2 trillion in value in just over three weeks due to a sharp rotation away from Big Tech stocks.

The index fell 2.4% on Friday, bringing its total decline since a July 10 record to more than 10%. Despite this drop, the index is still up nearly 10% for the year.

Major tech stocks, including Nvidia Corp. and Tesla Inc., have seen significant declines, with both down more than 20% from recent highs, placing them in bear-market territory.

Microsoft Corp. and Amazon.com Inc. have also lost over 10%, although most major tech stocks, except Tesla, remain higher for the year, BNN Bloomberg has reported.

read more: https://www.bnnbloomberg.ca/business/technology/2024/08/02/nasdaq-100-is-in-correction-territory-with-ai-darlings-sinking/

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On July 23, Europe’s Solar Orbiter detected a powerful X14 class solar flare from the far side of the sun.

Although not the most intense ever recorded, it was significant enough to potentially cause long-lasting radiation storms and global blackouts if aimed at Earth.

X-class flares, the most severe on the classification scale, release energy ten times more than M-class flares.

This X14 flare, along with an accompanying large coronal mass ejection (CME) observed by NASA’s SOHO, was not directed at Earth.

If it had been, it could have resulted in severe technological issues or electrical blackouts similar to the 1989 Quebec power grid failure, Space.com has reported.

read more: https://www.space.com/sun-solar-flare-far-side-x14-july-23

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Plans by Police Scotland to introduce live surveillance cameras for scanning faces have been criticized as “deeply intrusive” and dangerous by a coalition of international privacy groups.

The cameras are intended to help catch shoplifters and people violating bail conditions, with images monitored from police vans and checked against a database.

Privacy advocates, including Big Brother Watch, Liberty, Privacy International, and others, have urged Justice Secretary Angela Constance to withdraw the proposal, the Daily Mail has reported.

read more: https://www.dailymail.co.uk/news/article-13679363/Police-use-deeply-intrusive-facial-recognition-cameras-sparks-warning-privacy-campaigners.html

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