Welcome to the 27th edition of The Daily Zap — A Daily Newspaper (Kind of 🙏). Here, you'll get links to all of the latest news and updates mostly from the last 24 hours, divided in Sections (much similar to pages on a newspaper).
Let's unfold!
~Bitcoin News of the Day
- The fact that he’s done things like bring Bitcoin miners to Mar-a-Lago to better understand the industry is enough evidence to make this point. I think many are overly critical of Trump because he said he wasn’t a fan of Bitcoin in 2019. But that was ages ago, and everything has changed since then. It doesn’t make sense to hate on people for coming around to Bitcoin after not being a fan of it.
Global Trade & ~Econ
- For investors who have closely followed the economic narrative over the past several years, this should all feel a bit familiar. Just as consensus believed the US economy was finally slowing to the point where it needed help from the Federal Reserve, the data says otherwise. Escalating fears of a "hard landing," where the Fed's restrictive interest rates send the economy into a tailspin, have quickly moved to discussion about a "no landing," where the economy keeps growing and inflation risks once again emerge.
~Politics_and_Law
- Before the interview, the program noted that it was a decadeslong practice to air interviews of both presidential candidates in a special. But Trump, after having initially accepted the invitation and having his campaign coordinate logistics, backed out. (In lieu of a segment on Trump, the program instead aired a feature on the fight in Maricopa County, Arizona, an important location in the election, where Republicans have pushed back against Trump allies’ advocating baseless conspiracies that he did not lose there in 2020).
~Stacker_Sports News
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The Browns' signing of Watson, seeped in arrogance, will now go down as perhaps the worst signing in the history of the NFL. It is also possibly the worst signing in the modern history of American professional sports.
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Why? The team sent the Texans six draft picks, including three first rounders, and signed Watson to a $230 million guaranteed contract. The salary cap ramifications are problematic for the team if they release Watson.
~Tech & ~Science
- Two pioneers of artificial intelligence – John Hopfield and Geoffrey Hinton – won the Nobel Prize in physics Tuesday for helping create the building blocks of machine learning that is revolutionizing the way we work and live but also creates new threats to humanity, one of the winners said.
~History with Mystery
- The 1950 Niagara River Diversion Treaty, signed by the United States and Canada and currently still in place, aimed to address this balance: Half of the Niagara River’s 200,000 cubic feet-per-second flow had to plunge over the brink during the peak tourist window (April 1 to September 15, between 8 a.m. and 10 p.m.) Outside of that time, that number dwindled to a quarter, with the remaining rush of water diverted through underwater tunnels to hydroelectric turbines.
~Entertainment World
- The U.S. Supreme Court declined on Monday to hear imprisoned former R&B superstar R. Kelly's appeal of his 2022 federal conviction on charges involving child pornography and luring underage girls to have sex with him, one of two cases in which he was found guilty of sex crimes.
Thanks for reading 🙏