Welcome to the 45th 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
- Schiff used the story of a fictional trader who, sensing a promising market, buys egg futures in ever-larger quantities as prices climb. The trader speculates on egg futures, initially purchasing 100 contracts at 25 cents each. After the price rises to 35 cents, he buys 1,000 more. As prices continue to surge — reaching 50, then 65, and eventually 95 cents per contract — he makes increasingly larger purchases, ultimately owning millions of contracts. When the price hits $1.75, he decides to sell 2 million contracts. His broker responds, “Sell to whom, you’re the egg man!”.
Global Trade & ~Econ
- Factory activity shrank in Japan and South Korea due to weak domestic demand and slowing growth in U.S., European and Chinese markets, the purchasing managers' index (PMI) surveys showed on Friday. In a glimmer of hope, however, China's manufacturing activity swung back to growth in October, helped by a slew of stimulus measures rolled out by Beijing to prop up a fragile economy..
~Politics_and_Law
- The vice president’s financial advantage is well-known, but most of the attention has gone to the candidates’ respective money totals. That money has allowed Harris to build up a much greater campaign apparatus than Trump, while the former president has had to rely more on outside super PACs for support.
~Stacker_Sports News
- Amorim replaces Erik ten Hag, who was fired on Monday with United languishing in 14th place in the 20-team Premier League. United is a record 20-time English champion but hasn't won the league since Ferguson retired and has slipped way behind the top clubs in England and Europe.
~Tech & ~Science
- Chronic, low-level lead poisoning is a major risk factor for cardiovascular disease in adults and cognitive deficits in children, even at levels previously thought to be safe, according to a new paper by Columbia University Mailman School of Public Health, Simon Fraser University in Canada, and Harvard Medical School, and Boston Children's Hospital. Low-level lead poisoning is a risk factor for preterm Birth, cognitive deficits and attention deficit-hyperactivity disorder, (ADHD), as well as increased blood pressure and reduced heart rate variability. The findings are published in New England Journal of Medicine.
~History with Mystery
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Not all U.S. presidents are missed once they leave the White House. U.S. News averaged the results of three major presidential polls to make its own list of America's worst presidents.
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James Buchanan is the worst president in U.S. history, according to the U.S. News Worst Presidents rankings.
~Entertainment World
- The actor-singer endorsed Vice President Kamala Harris and referenced the comment made by Hinchcliffe where he stood at the podium and described Puerto Rico as “a floating island of garbage”. The jibe drew criticism from across the country, including from stars such as Bad Bunny, Ricky Martin, Aubrey Plaza, Nicky Jam, who later retracted his vote for Trump.
Thanks for reading 🙏