Everything You Need to Know, In a Single Daily Email.

8.5.2019

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Need To Know.
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Tragedy in El Paso.
At least 20 people are dead and 26 others injured after a gunman opened fire inside an El Paso, Texas, Walmart in what officials are calling an act of domestic terrorism. It was the country's deadliest mass shooting thus far in 2019 and one of the ten worst in modern US history (see list). The 21-year-old shooter was captured on surveillance footage entering the store carrying an assault-style rifle and wearing headphones and earmuffs - police ultimately apprehended the suspect alive. A four-page, heavily anti-immigrant, white nationalist manifesto uploaded to the popular alt-right website 8chan minutes before the shooting is believed to have been authored by the suspect. Officials say the gunman traveled from his hometown nearly nine hours away to El Paso, which sits on the US-Mexico border and is 80% Hispanic. You can see the list of victims - which reportedly included a 25-year-old mom who died shielding her 2-month-old - as details become available here. The suspect will likely face the death penalty if convicted. 

The notorious website 8chan has become a home for violent extremists - read how its founder wants it shut down (paywall, NYT). 
...And Another in Dayton.
Just over 12 hours after the El Paso attack, a heavily-armed man killed 9 and injured 27 others after opening fire outside a bar in Dayton, Ohio. It was the country's third-deadliest mass shooting thus far in 2019, and appears unrelated to Saturday morning's attack. According to officials, police engaged and killed the 24-year-old suspect less than one minute after the first shot. However the shooter still inflicted significant damage due to the use of a high-capacity rifle outfitted with a double drum magazine (see police photo). Reports say the suspect was traveling with a group of people, including his 22-year-old sister, before peeling off and returning with the weapon, a face mask, and body armor. The suspect's sister was killed in the attack, though police have not found evidence that she was a primary target. A motive has yet to be identified - unlike in El Paso, no manifesto or forewarning has been uncovered. 

Officials believe the death toll could've been much higher - officers stopped the suspect (video, warning graphic content) just as he tried to enter the bar, having driven the crowd inside. 
Sweeping Budget Deal Done.
President Trump signed a two-year budget deal into law on Friday, a sweeping measure that raises defense and discretionary spending by $100B over current levels. The measure brings the annual federal budget to around $4.75T, and effectively ends the 2011 sequestration law put in effect after the Obama-era stimulus. The deal also suspends the debt ceiling through July 2021, pushing an often-contentious issue past the 2020 elections. The bill helps avoid the type of fiscal showdowns that have plagued Congress in recent years, though a government shutdown is still possible if legislators can't pass appropriations bills before a September 30th deadline. 2019 began amid the longest government shutdown in US history, lasting 35 days. With about $3.8T in revenues each year, the measure is expected to add an estimated $2T to the federal debt, which currently stands at $22T (see data). 

Separately, the White House withdrew plans to nominate Rep. John Ratcliffe (R, TX-4) as Director of National Intelligence after receiving tepid support from GOP senators.
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In The Know.
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Sports, Entertainment & Culture.
> Rapper A$AP Rocky returns home to US after being released from jail in Sweden while awaiting verdict on assault charges; has no plans to return to Sweden for verdict and sentencing (More)
> Tony Gonzalez, Champ Bailey lead 2019 class of eight enshrined into Pro Football Hall of Fame in Canton, Ohio (More)
> DA Pennebaker, Oscar-winning filmmaker who pioneered the cinéma vérité style of documentaries, dies at 94 (More) | Read more about cinéma vérité (More)
Science & Technology.
> Researchers show first 3D bioprinting of complex microstructures using collagen, allowing researchers to mimic cellular scaffolding; represents major advance in 3D printing of organs (More)
> Preliminary study suggests new blood test can detect Alzheimer's years earlier and more accurately than traditional brain scans; test was 94% accurate when combined with other risk factors (More)
> A record 56.5% of the surface of Greenland's ice sheet is showing indications of melting amid brutal heat wave; sheet covers 82% of country's surface (More)
Business & Markets.
> US economy adds 164k jobs in July, unemployment rate holds at 3.7% (More)
> US stock markets fall Friday (S&P 500 -0.7%, Dow -0.4%, Nasdaq -1.3%) on announcement of China tariffs and continued fears of trade war (More)
> Earnings Season: Warren Buffett’s Berkshire Hathaway sees profits fall more than expected, ends Q2 with $122B cash (More)
Politics & World Affairs.
> Saudi Arabia to allow women to travel independently, file for passports, divorce, and marriage (More)
> Russian police squash Moscow election protest, arrest over 800; comes one week after 1,400 were arrested demonstrating over the disqualification of opposition candidates running for city offices (More)
> US officially pulls out of Cold War-era nuclear treaty with Russia that banned intermediate-range nuclear missiles; administration says Russia violated treaty earlier this year (More) | Senate Majority Leader Mitch McConnell (R-KY) fractures should in fall at Kentucky home (More)
Etcetera.
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The 2019 list of the worst foods to order in America

Tampa becomes second US airport to allow unticketed visitors to pass through security

One asset on everyone’s radar is art — outperforming the S&P by 180% since 2000. Now, an exclusive members-only platform allows anyone to invest in art. #Ad

More than 150 great whites have been spotted off Cape Cod this year (w/ footage). 

Want to achieve a big career goal? Keep a diary.
 
Spiked seltzer water is now outselling nearly all craft beers
Watch a French inventor cross the English channel on a hoverboard.
Surgeons remove over 500 teeth from boy's jaw.
Alabama teen wins World PowerPoint Championship.
Clickbait: 22-year-old scams Amazon out of $370,000 by returning boxes full of dirt.
Historybook: Mayflower departs from England to New World (1620); Space pioneer Neil Armstrong born (1930); RIP Marilyn Monroe (1962); US, UK, and Soviet Union sign Nuclear Test Ban Treaty (1963).
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"Mystery creates wonder and wonder is the basis of man's desire to understand."
- Neil Armstrong
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