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| All your news in a single email. We scour 100+ sources so you don't have to. Culture, science, sports, politics, business, and more - all packaged in a 5-minute read below. |
| Need To Know. |
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| Kavanaugh & Accuser to Testify Today. |
After a week of anticipation, the Senate Judiciary Committee will hear testimony today from Supreme Court nominee Brett Kavanaugh and a woman who accuses him of sexually assaulting her during their high school years. The woman, Christine Blasey Ford, alleges that Kavanaugh forced himself on her while he was inebriated at a party - a charge that Kavanaugh has denied. Ford has signed declarations from four people attesting to her discussing the incident long before Kavanaugh's nomination, though none were eyewitnesses to the alleged attack. Committee Chairman Chuck Grassley (R-IA) has set a vote to advance Kavanaugh's nomination to the full Senate on Friday, more than a week after it was originally scheduled. In the past week two more women came forward with allegations against Kavanaugh, including a former federal employee who said Kavanaugh and friends used date rape drugs during parties to incapacitate women.
You can watch the proceedings here beginning at 10am ET. |
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| Next Up, Typhoon Trami. |
| Typhoon Trami is set to make landfall in Japan's southern Ryukyu islands beginning early tomorrow, bringing torrential rains and wind speeds up to 125 mph along with it. The storm, equivalent to a Category 3 hurricane, is projected to crawl up through the mainland while remaining at least a Category 1-equivalent storm through Monday evening (see Trami from space). The storm arrives just two weeks after Typhoon Mangkhut - the strongest storm of the year - ravaged the Philippines and comes at the end of a particularly bad summer for Japan. A 6.7-magnitude earthquake earlier this month killed nearly 20 and injured over 160, massive landslides killed 200 in early July, and a deadly heatwave claimed 65 lives in a single week later that month. |
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| Fed Raises Rates (Yet Again). |
The Federal Reserve increased its benchmark interest rate yesterday by 0.25% (25 basis points in finance speak) - to a range of 2.0-2.25%, reflecting ongoing confidence in the durability of the US economy. Chairman Jerome Powell also signaled that the country's central bank would consider one more rate hike this year, three next year, and one in 2020. The projection comes along with the Fed's belief that the US economy will see at least three more years of growth. Because higher interest rates mean consumers and businesses pay more for things like buying a car or starting a new plant, the decision reflects the Fed's confidence that the economy can weather higher costs without slowing down.
Sort of understand what the Fed is - but sort of don't? Here is a solid primer on its history and how it works. |
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| In The Know. |
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| Sports, Entertainment & Culture. |
| > Victor Ortiz, former boxing champion and Dancing with the Stars contestant, arrested on rape charges just days before a now-cancelled televised fight (More) |
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| > Nike nearly cut ties with QB Colin Kaepernick months before showcasing him in 'Just Do It' campaign, according to reports (More) |
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| > Supermodel Gisele Bundchen shares history of mental health struggles in new memoir, including revelation that she contemplated suicide (More) |
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| Science & Technology. |
| > Department of Health and Human Services launches sweeping review of use of fetal tissue in government-sponsored research (More) |
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| > Researchers pinpoint differences in brain wave patterns that correlate with higher aggression in toddlers (More) |
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| > UK officials report third case in the past month of monkeypox, a rare relative of smallpox with less than 1000 recorded cases (More) |
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| Business & Markets. |
| > Ridesharing giant Uber to pay $148m for cover-up of 2016 data breach of 57M customers (More) | General Motors moving Cadillac's headquarters back to the Detroit area after a move to NYC's Soho for 3 years (More) |
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| > Online survey company SurveyMonkey soars 44% in first-day trading after IPO'ing at $2.1B (More) |
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| > Payments startup Stripe raises $245M at $20B valuation, to expand into new markets (More) |
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| Politics & World Affairs. |
| > Justice Department investigating Yale University over claims that it discriminated against Asian-American applicants (More) |
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| > Deputy Attorney General Rod Rosenstein to meet with President Trump following reports last week that he discussed using the 25th Amendment to remove Trump from office; Trump says he prefers to not fire Rosenstein (More) |
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| > Mexican marines raid Acapulco police force on suspicion of links to organized crime, arrest at least two officers (More) |
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| In Depth. |
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| 7 Lessons Millennials Taught Me About Work. |
| Medium | Ross McCammon. Despite frequently being at the center of generational disputes, Millennials are often also credited with breaking down barriers and doing things differently - especially in the workplace. See how taking some advice from Millennials changed one man's professional mindset, and how it could change yours too. (Read) |
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| The Plan to Cure Malaria With Gene-Edited Mosquitoes. |
| Wired | Andrew Hammond. The idea to insert a malignant and destructive gene into mosquitoes to combat malaria has been around for some time, but only recently has it been done successfully. After 15 years of research, scientists from Imperial College have become the first ever to eradicate a population of animals with this method, using what is called a gene drive. (Read) |
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| Etcetera. |
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| Key battleground states see an uptick in youth voter registration. |
| Ever wonder where the fresh rain smell comes from? Here's what causes it. |
| The US government will soon pay more on the interest on its debt than on the military (paywall). |
| Check out all the winners from the 2018 Great American Beer Festival. |
| ...And hear brewers share their secrets on all-day beer drinking. |
| Meghan Markle causes a stir by shutting her own car door. |
| Former NFL quarterback Tim Tebow says he listens to the Moana soundtrack while working out. |
| The CDC says last year's flu season was the worst since the 1970s. |
| Clickbait: Watch a seal slap a kayaker in the face with an octopus. |
| Historybook: HBD Samuel Adams -- the person, not the beer -- (1722); Rosetta Stone is first deciphered (1822); Production of Ford Model T begins (1908); HBD Gwyneth Paltrow (1972); HBD rapper Lil Wayne (1982). |
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- Henry Ford |
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