Headlines Summary Aug 9, 2024

Economics - The average rate on the standard 30-year fixed mortgage fell to 6.47%. - Eli Lilly shares soared by about 8%. - Paramount Global wrote down the value of its cable-TV networks by nearly $6 billion. - Oil prices edged up in Asian trade amid continued geopolitical tensions in the Middle East. - Sales of electric vehicles and hybrids in China surpassed those of internal-combustion-engine cars for the first time. Politics - Republicans escalated attacks on Walz's record in the Army National Guard. - The Democratic vice-presidential candidate has made dozens of visits to China. - Former President Donald Trump praised the state election board. - Local police warned the Secret Service about the warehouse used in the assassination attempt on Trump. - The U.S. warned Iran that its newly elected government and economy could suffer a devastating blow if Tehran mounts a major attack against Israel. Entertainment - Fans gathered in central Vienna to sing and trade bracelets after the singer's three concerts in the city were canceled. - Political cartoons from the desk of Matt Wuerker. - Team USA basketball was on the ropes in its semifinal game against Serbia. - The presumed gold medal winners encounter rough water in the semifinals. - The event will bring 'the unique cinematic language, aesthetics and historical development of Ukrainian cinema' to the Chinese capital. Technology - AI startups and tech giants are rallying to quash a bill moving through the California legislature. - A flood of anti-Trump videos, generated with the help of AI, traced back to a web of overseas accounts. - China deploys several advanced ships and technologies to explore marine biology, fisheries, and mineral resources. - Samsung Electronics is recalling more than one million electric stoves in the U.S. - Buyout and infrastructure firms see artificial intelligence driving demand for data-center investing. Geopolitics - The Biden administration has been mounting an intensive campaign to encourage both sides to de-escalate. - Australia-Mongolia relations are going from strength to strength. - Tehran and its allies aren't ready for a full-scale conflict with Israel and the U.S. - The U.S.'s relationship with Malaysia has grown rockier. - U.S. lawmakers move to restrict trade provision favored by China's e-commerce giants.

Hope you find this useful! This is an AI generated summary based on news headlines collected over the past 24 hours Generated At Aug 9, 2024 15:08 UTC

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