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☆ Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good
▼ + stars: | 2024-07-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewUniversal basic income is winning support from some as a powerful tool to combat poverty, but Ray Dalio thinks it could be harmful and pull cash away from better social programs. Dalio is the billionaire founder of Bridgewater Associates, the world's largest hedge fund, and the official mentor to its three co-chief investors. Who are you giving the $1,000 to, and what will they do with that $1,000?" In a follow-up post, Dalio emphasized that he sees the wealth-and-opportunity gap as the "greatest threat" to the US.

Persons: —, Ray Dalio, Dalio, Lex, who'd Organizations: Service, Bridgewater Associates, Business

☆ So far, no Black lawmakers on Capitol Hill have called on Biden to step aside as the Democratic nominee. Why it matters.
▼ + stars: | 2024-07-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewOn Sunday, President Joe Biden once again found himself in Philadelphia, a city that has played a crucial role in his political life. AdvertisementOn Sunday, Rep. Joyce Beatty of Ohio told CNN's Eva McKend that Democratic lawmakers shouldn't turn against Biden. A huge "what if" for Biden is if a high-ranking Black lawmaker calls on him to exit the race. But will it help him with Black voters in the coming weeks and months? That November, Biden won 92% of the Black vote, compared to Trump's 8% support, according to the Pew Research Center.

Persons: —, Joe Biden, Biden, It's, Biden hasn't, Donald Trump, Joyce Beatty, CNN's Eva McKend, Hakeem Jeffries, Beatty, Kamala Harris, Harris, JfHOOMv5RS, Julia Hamelburg, Steven Horsford, surrogates, Jim Clyburn, Clyburn, he'd, Trump, it'll Organizations: Service, Airy, of God, Business, Capitol, Democratic, Democrats, Congressional Black Caucus, shouldn't, CBC, Biden, Congressional Black, Essence, Black, South Carolina Democratic, Pew Research Center, Trump Locations: Philadelphia, Washington, Ohio, New Orleans, Nevada, York, South Carolina, Georgia , Michigan, Pennsylvania

“I want you to know that despite all the speculation in the press and elsewhere, I am firmly committed to staying in this race, to running this race to the end, and to beating Donald Trump,” Biden wrote in the letter, obtained by CNN. Any weakening of resolve or lack of clarity about the task ahead only helps Trump and hurts us,” Biden concluded. More than a handful of top House Democrats told Minority Leader Hakeem Jeffries on Sunday that Biden needs to step aside amid concerns about down-ballot Democratic races. Biden offered a confusing response to a question about his letter to Hill Democrats calling for unity and lambasted Trump for being on the golf course after the debate. Biden team hosting another top donor callAlso on Monday, the Biden campaign is hosting a donor call with its national finance committee, a source familiar with the call said, another sign of outreach.

Persons: Joe Biden, Donald Trump, ” Biden, Biden, ”, Hakeem Jeffries, Trump, — Joe, I’ve, hasn’t, who’ve, “ I’m, I’m, Jeffries, Chuck Schumer, Nancy Pelosi, James Clyburn —, Schumer, Clyburn, Pelosi, Jerry Nadler, Adam Smith, Mark Takano, Joe Morelle —, Sen, Mark Warner, Warner, Jen O’Malley Dillon, Wes Moore, O’Malley Dillon, Moore, “, ” Moore, we’re Organizations: Washington CNN, Capitol, CNN, Democratic Convention, Trump, House, Hill Democrats, Capitol Hill, Democratic, Democrats, Biden, ABC News, Judiciary, Armed Services, Veterans Affairs, Administration, Virginia Democrat, Warner, Maryland Gov, White Locations: “, Washington

☆ Russian forces appear to be making crude artillery guns by pulling the main armaments off of old BMP armored fighting vehicles
▼ + stars: | 2024-07-07 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewRussian forces appear to be fashioning improvised artillery guns from the main armaments of old BMP-1 armored fighting vehicles. Another video shows a group of soldiers towing the improvised gun into position. And while the improvised 2A28 artillery gun may act as a temporary fix for dwindling supplies, it is highly likely to be inaccurate. Related storiesOne video shows the device, which is designed to be fired from a stable armored turret, jumping off of the ground as each shot is fired. In March, videos appeared to show Russian troops using vulnerable golf cart-style vehicles to transport infantry to the frontline.

Persons: —, Rob Lee, Lee Organizations: Service, Business, The General, of Ukraine's Armed Forces, Foreign Policy Research Institute Locations: Russia, Ukraine, Ukrainian

☆ Russia may resort to an old World War II tactic that had a key role in the D-Day landings to repel Ukrainian drone attacks
▼ + stars: | 2024-07-07 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Russia is planning to use barrage balloons to counter Ukrainian drone strikes. The balloons will rise up to 300 meters and drop a 250-meter net to stop drones from getting through. The tactic was inspired by barrage balloons used in the First and Second World Wars. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is developing a network of barrage balloons to repel Ukrainian drone strikes, inspired by a tactic used in World War I and II.

Persons: —, Polina Albek Organizations: Service, First Airship, RIA Novosti, Business Locations: Russia, Ukrainian, St . Petersburg, Russian

CNN —Hezbollah fired anti-tank missiles toward northern Israel on Sunday, injuring one soldier and two civilians who were hit by shrapnel and are receiving treatment, according to the Galilee Medical Center. Earlier today, the Israeli military said the Iran-backed militant group fired dozens of projectiles and anti-tank missiles toward northern Israel, lightly injuring a soldier who was evacuated to receive treatment. The military responded with strikes on Hezbollah military structures, the statement added. Hezbollah said in multiple statements on Sunday that it had fired rockets toward several Israeli military sites. That comes after the Israeli military conducted an airstrike in northern Lebanon on Saturday that it said killed a senior Hezbollah operative.

Persons: ” Organizations: CNN, Galilee Medical, US State Department Locations: Israel, Galilee, Iran, Lebanon

☆ Biden's biggest electoral challenge right now isn't wooing Independents but firming up the Democratic base
▼ + stars: | 2024-07-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

AdvertisementThe latest Journal poll showed Biden and Trump tied at 40% support among Independents, representing a four-point increase for the president and a four-point decline for the ex-president. Related storiesTrump led Biden 48% to 42% among all registered voters questioned in the survey. AdvertisementBut in that same poll, Trump won over 93% of Republicans, a seven-point jump from the February Journal poll. And there's another challenge: The latest Journal survey showed Trump winning 95% of the voters who supported him in 2020. So he'll have to convince swaths of Democratic voters who are skeptical of his effectiveness to also cast ballots for him this fall.

Persons: —, Joe Biden, he'll, Biden, reevaluate, Donald Trump, that's, Trump, — Biden Organizations: Service, Democratic, Bloomberg News, Business, Trump, Independents, Biden, White House, CBS Locations: Gaza

☆ Wes Moore says Biden's age isn't the focus of voters he's spoken to on the campaign trail: 'It's the issues and it's the stakes'
▼ + stars: | 2024-07-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. AdvertisementBut Moore recently told Business Insider that when he traveled across swing-state Wisconsin, he saw a party that's pumped up about November. AdvertisementSo the stakes for Biden's debate were much higher than for many presidential candidates in the past. Biden's age — which was amplified by the debate and in interviews where the president has directly addressed the issue — is a concern that Moore said he's heard from voters. "It's not so much about the age issue … it's the issues," Moore said.

Persons: —, Wes Moore, Joe Biden's, Biden, Donald Trump, Moore, there's, who's, he's Organizations: Service, Democratic, Badger, Business Locations: Wisconsin, Maryland, Chicago

☆ André Drege: Norwegian cyclist dies after crashing in race at age 25
▼ + stars: | 2024-07-06 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Norwegian cyclist André Drege has died aged 25 following a crash at the Tour of Austria, his team Coop-Repsol announced on Saturday. “Our thoughts and prayers are with André’s family and loved ones during this incredibly difficult time,” the team posted on X, formerly known as Twitter. Cyclists (L-R) Italy's Samuele Zoccarato, Austria's Michael Gogl, Norway's André Drege, the Netherlands' Oscar Riesebeek and Germany's Jonas Rapp ride in a partly snow-covered mountain area on Saturday. After news of his death broke, the cycling world paid tribute to Drege with several teams offering their condolences. Drege’s death comes just over a year after another professional cyclist in his 20s – Gino Mäder – died in a crash during a stage of the Tour de Suisse.

Persons: André Drege, Coop, “, Drege, Johann Alpendorf, Austria's Michael Gogl, Oscar Riesebeek, Germany's Jonas Rapp, Johann Groder, PostNL, Wanty, ”, –, Gino Mäder – Organizations: CNN, of Austria, Repsol, European Cycling Union, Tour of Austria, AFP, of Rhodes, South, UCI –, Tour de Suisse Locations: Norwegian, Austrian, St, Netherlands, Stranda, Norway, Lillehammer, ”

☆ European markets open higher with UK election results in focus
▼ + stars: | 2024-07-05 | by ( Ryan Browne | ) www.cnbc.com time to read: 1 min

Keir Starmer, leader of the Labour Party, campaigns ahead of the general election, in Redditch, UK, on Wednesday, July 3, 2024. LONDON — European stocks opened mostly higher on Friday as the U.K.'s general election draws focus in the region. The pan-European Stoxx 600 index rose 0.3% higher in early morning deals. The U.K.'s FTSE 100 index climbed more than 0.2% as investors reacted to election results. Travel and leisure stocks were the standout gainers Friday, climbing 0.6%, as most sectors traded in positive territory.

Persons: Keir Starmer Organizations: Labour Party, LONDON Locations: Redditch, UK

☆ Wall Street banks name 10 UK stocks to benefit from Labour landslide win
▼ + stars: | 2024-07-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The U.K.'s center-left Labour Party has won a substantial parliamentary majority in the country's general election, unseating the incumbent Conservatives after 14 years. Manthey and her team picked the FTSE 250 index , which can be traded through exchange-traded funds such as iShares FTSE 250 UCITS ETF or Vanguard FTSE 250 UCITS , over the large-cap index FTSE 100 , as their "preferred post-election trade." The strategists, however, cautioned that historical data pointed toward lackluster returns immediately after the election results. More broadly, the investment bank's economist Anna Titareva said U.K. markets remain "heavily discounted" since after Brexit. After the election results were confirmed, they reiterated their stock preferences: Taylor Wimpey and Persimmon .

Persons: Beata Manthey, Manthey, Anna Titareva, Titareva, Anthony Codling, Taylor Wimpey, Gleeson, Bellway, Investec Organizations: Labour Party, Labour, Vanguard, UBS, Companies, FTSE, FTMC, RBC Capital Markets, Jefferies, Genuit Locations: Swiss

☆ Merih Demiral: UEFA hands Turkey defender two-game suspension following controversial goal celebration
▼ + stars: | 2024-07-05 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +4 min

CNN —UEFA has suspended Turkey player Merih Demiral for two games following a controversial hand gesture made by the defender in Turkey’s round of 16 Euro 2024 win against Austria. “Our football player shared a natural joy when he was celebrating with Turkish fans the happiness of a moment … there is no element here that could hurt your opponent or any community. “We will continue to seek our rights through legal means against this double standard applied to our country and our national football player Merih Demiral. Wolfgang Rattay/ReutersFollowing the win against Austria, Demiral posted a picture of himself making the gesture on X. And I felt that to the fullest after the second goal, so I ended up doing that gesture,” Demiral told reporters after the game.

Persons: Merih Demiral, Demiral, “, Servet Yardimci, ”, ” Yardimci, Osman Aşkın Bak, Wolfgang Rattay, ” Demiral, Turkey’s, Nancy Faeser, Faeser, Tayyip Erdogan Organizations: CNN, UEFA, Austria, Grey Wolves, ” UEFA, Turkey’s, Turkish Football Federation, TFF, “ Football, Turkish, Reuters, European, NTV Locations: Turkey, Turkey’s, Turkish, Netherlands, ” Germany, Berlin, Ankara, Germany

Farage’s Reform UK party attacked the Conservative Party on its failure to bring down rates of legal and illegal migration. He won Clacton on a massive swing towards Reform UK, picking up 21,225 votes to the Conservatives’ 12,820. He pledged to “challenge the general election properly in 2029,” and promised to turn his rhetoric toward the Labour Party as it enters government. In many seats around the UK, Reform came second to Labour. Farage said the “Labour government will be in trouble very, very quickly and we will now be targeting Labour votes.

Persons: Nigel Farage, Britain’s, Donald Trump, Farage, ”, Euroskeptic, Keir Starmer, It’s, ” Farage, Labour –, upended, Rosa Prince, Conservative Party ”, ” Prince Organizations: CNN, Reform, Brexit, UK, Farage’s Reform, Conservative Party, Conservatives, European Union, Clacton, Labour, Labour Party, Conservative, Politico Locations: Britain’s, Ukraine, Europe

☆ Iran Voters Face Stark Choice in Competitive Presidential Runoff
▼ + stars: | 2024-07-05 | by ( Farnaz Fassihi | ) www.nytimes.com time to read: +1 min

One pledged he would confront Iran’s enemies, the other vowed to make peace with the world. One intends to double down on social restrictions, the other promises to ease stifling rules for young people and women. One identifies as an Islamic ideologue, the other as a pragmatic reformist. The winner will be decided in a runoff on Friday after a general election the week before failed to produce a candidate with the required 50 percent of the vote. The result may hinge on how many Iranians who sat out the vote in the general election decide to participate in the runoff.

Persons: Iran’s

☆ Opinion: What Britain’s first Asian prime minister, Rishi Sunak, meant to my family
▼ + stars: | 2024-07-05 | by ( Opinion Sunder Katwala | ) edition.cnn.com time to read: +7 min

He has a place in history books as the first British Asian prime minister — but now also as the prime minister to suffer one of the heaviest election defeats in Britain’s modern political history. “I would like to see him carry on as prime minister — but the country also needs a change of government,” Dad said. He became prime minister just seven years after becoming an MP — shorter than any other recent occupant of Downing Street. Again, on becoming prime minister, Sunak personally had a much better public reputation than his Conservative Party. Diversity at the topSunak as a Hindu was the first ever British prime minister to practice a non-Christian faith.

Persons: Sunder Katwala, Read, Rishi Sunak’s, Sunder, Sunak, Boris Johnson, Liz Truss’s, Dad, ” Dad, “, Liz Truss, Rishi Sunak, Theresa May, Richard Pohle, dented Organizations: British, CNN, Conservative Party, Sunak, Britain, Brexit, National Service of, Reuters, Commonwealth, Reform, Downing, Twitter, Wales Locations: Downing, Britain, India, Covid, London, France, British, Scotland

☆ Shohei Ohtani: How one man has brought a new wave of Japanese tourists to LA
▼ + stars: | 2024-07-04 | by ( Natasha Chen | ) edition.cnn.com time to read: +9 min

And with 12 new Japanese sponsors, Japanese-language stadium tours and new Japanese menu items, the Dodgers are making the most of the Ohtani effect. A mural showing Los Angeles Dodgers player Shohei Ohtani is painted on the side of the Miyako Hotel in Little Tokyo in downtown Los Angeles. “He’s just a phenomenal individual, right?” said Judy Clow, who brought her brother from Japan to a Japanese-language tour at Dodger Stadium. My gosh!”Shohei Ohtani warms up before a preseason game against the Los Angeles Angels at Dodger Stadium on March 24, 2024. Some of the six new Japanese-language tour guides at Dodger Stadium actually worked at Angels Stadium previously, serving the same fans.

Persons: There’s, Takayo Hizume, CNN it’s, Shohei, Robyn Beck, ’, Hizume, Ohtani, Los Angeles –, Akira Yuhara, ” Yuhara, swindling, “ He’s, ”, Judy Clow, Harry, Christine Gerriets, ” Gerriets, Kay Ponak, Norma Galeana, CNN Mihana Hayashi, takoyaki, Hayashi, Nanoha, “, giveaways, Stan Kasten, ” Kasten, Kasten, Robert Vargas, Vin Scully, ” Vargas, “ Ohtani, Adam Burke, Hiroko Hinata, Natasha Chen, CNN Yuhara, Miyako, Don Tahara, Shania Baweja, Jason Kravarik Organizations: Los Angeles CNN, Dodgers, Ohtani’s, CNN, Angeles Dodgers, Getty, Dodger, Los Angeles Angels, Angels, Daiso, Toyo, Far, Los, Los Angeles Tourism, LA Tourism, Ohtani's Dodgers, Far Bar Locations: Japan, Los Angeles, California, Pacific, Miyako, Little Tokyo, AFP, –, South Korea, Southern California, LA, Anaheim, guacamole, Nagoya, Asian, Japanese

Stefanie Longenecker, 43, Palmyra, Pa. Has stayed out of the workforce because of high cost of child care. But she has been sidelined from the workforce by a child care system that has grown inaccessible for many families. Longenecker, 43, left her job as a hospital pathologist during the pandemic to care for her young children amid repeated day care and school closings. “I’m incredibly lucky to be able to spend this time with my kids, even recognizing the shortcomings.”The child care crunch has put a growing squeeze on families since the pandemic, when more than 100,000 workers left the industry and more than 16,000 child care centers permanently closed. Since then, child care costs have risen more than 30%, and households with child care expenses have been spending at a slower pace and dipping into savings at a faster rate than the general population, according to a Bank of America analysis of its customers’ spending.

Persons: Stefanie Longenecker, ” Longenecker, “ that’s, Longenecker, that’s, she’s, Longenecker’s, Davidson, ”, “, haven’t, We’re Organizations: NBC, “, Bank of America, Stanford University Locations: Palmyra, Pa, Palmyra , Pennsylvania, Harrisburg, Lebanon County

☆ Wall Street banks name UK stocks to watch as Brits head to the polls
▼ + stars: | 2024-07-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

It would mark the second-highest pre-election performance since 1992, trailing only the 12.6% surge seen before the 1997 election, according to RBC's Fielding. "Overall, should a similar pattern to the 1997 election emerge in the future, the forward 1, 3, and 6-month periods could be notably strong." Genuit , Howden , and Travis Perkins were highlighted in the Building Materials sector, while Taylor Wimpey and Vistry were flagged in the homebuilders category. The bank specifically highlighted Barratt , Persimmon , and Taylor Wimpey as companies likely to benefit from these reforms. "Barratt and Taylor Wimpey remain our preferred Buy-rated names given the opportunities arising from potential planning reforms and relatively undemanding valuations."

Persons: Mark Fielding, RBC's Fielding, Fielding, Genuit, Travis Perkins, Taylor Wimpey, Ami Galla, Galla, —, Labour —, Barratt, Persimmon, " Barratt, AJ Bell Organizations: RBC Capital Markets, Conservative, Labour, RBC, FTSE, FTMC, Materials, AFC Energy, ITM Power, boohoo Locations: Howden, Germany, St, James's, London, Berkeley

☆ Live Updates: U.K. Votes in Election That Could Drive Conservatives From Power
▼ + stars: | 2024-07-04 | by ( Mark Landler | ) www.nytimes.com time to read: +8 min

Polls have predicted that the election could be a major turning point, with the center-left Labour Party expected to unseat the right-wing Conservative Party, possibly with a crushing landslide. Credit... Andrew Testa for The New York TimesImage Portsmouth town center. Credit... Andrew Testa for The New York TimesImage England flags and election posters for the Reform U.K. candidate on Kingston Road, Portsmouth. Credit... Andrew Testa for The New York TimesSome formerly stalwart Conservative supporters said they were rethinking their vote. But others defended the Conservative Party.

Persons: “, ”, Sam Argha, Andrew Testa, Penny Mordaunt, King Charles III, Ms, Mordaunt, Liberal Democrats —, Grahame Milner, Milner, Mr, Tracy Patton, It’s, Daisy Quelch, Kiran Kaur, Quelch, Margaret Thatcher, Nigel Farage, Andrew Revis, Kerry Harris, Shanice Bakes, gestured, Harris Organizations: Conservative, Labour Party, Conservative Party, Portsmouth, The New York Times, The New York, Labour, Liberal Democrats, Conservatives, Navy, Residents, National Health Service, European Union, Reform, Reform U.K Locations: Portsmouth, strollers, Britain, England, Southsea, Dixie’s, Kingston, Credit, Ukraine, Iceland

Keir Starmer is all but certain to become the next prime minister of Britain, after an exit poll projected that his Labour Party would win the general election in a landslide on Thursday. That would mean Mr. Starmer would replace Prime Minister Rishi Sunak, who took office less than two years ago. Mr. Starmer, a 61-year-old former human rights lawyer, has led a remarkable turnaround for the Labour Party, which just a few years ago suffered its worst election defeat since the 1930s. He has pulled the party to the political center while capitalizing on the failings of three Conservative prime ministers. “He’s not going to set hearts racing, but he does look relatively prime-ministerial.”

Persons: Keir Starmer, Starmer, Rishi Sunak, “, ” Jill Rutter, “ He’s, ” Organizations: Labour Party, Labour, of, Conservative, New York Times Locations: London

☆ 'We don't do God' and massive ad spends: How UK election races differ from American ones
▼ + stars: | 2024-07-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +12 min

Here are a handful of them:1) CampaignsBy the time a presidential election takes place in the United States, the electorate will have already endured months of seemingly endless electioneering — with the entire election campaign process from candidacies and the campaign trail to the actual presidential election and inauguration taking up to two years. In the U.K., the time frame between a prime minister calling a general election to the actual vote is just six weeks. It sounds simple, and usually is, unless there's a "hung parliament" in which no political party wins a majority of seats. In the U.K., political advertising on TV and radio is not allowed, so U.K. voters are subjected to the somewhat quaint "party political broadcasts" during election campaigns. 6) 'Absurd' diversionsBritish political experts note that, unlike in the U.S., where broad political debates tend to remain the key focus, U.K. election campaigns can see more minor or fringe issues dominate the short election campaign.

Persons: Rishi Sunak, Joe Biden, Paul Ellis, Sir Keir Starmer, Stefan Rousseau, Bobby Duffy, Donald Trump, Tom Brenner, —, Britain's, Tony Blair, Alastair Campbell, Ben Curtis, Blair, Dan Stevens, Joe Biden's, Trump, Brian Snyder, Keir Starmer, Institute's Duffy, Duffy, Biden, Rodin Eckenroth, Rodin, John Curtice, it's, Ludovic Marin Organizations: Britain's, North Atlantic Council, NATO, South Derbyshire College, Trent, Commons, King's College London, CNBC, Brit, Republicans, U.S, Federal, Former U.S, Republican, Reuters, Electoral Commission, Inverness Royal Academy, Labour, of, Exeter University, Trump . Democratic Party, Reuters Incumbent British, Labour Party, Trump, European, Conservative Party, U.K, UK Ministry of Defence, Royal British, Afp, Getty Locations: Vilnius, Lithuania, United States, Burton, U.S, Britain, Philadelphia, Great Britain, England, Wales, Scotland, British, America, Western Europe, Atlanta , Georgia, Hollywood , California, European Union, Normandy, Ver, Gold, France

☆ Landmark UK election kicks off as center-left Labour seeks return to power after 14 years
▼ + stars: | 2024-07-04 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Keir Starmer, leader of the Labour Party, campaigns ahead of the general election, in Redditch, UK, on Wednesday, July 3, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — The U.K. heads to the ballot box on Thursday, as the incumbent Conservative Party seeks to defy months of polls that suggest it will suffer a historic defeat at the hands of the center-left Labour Party. Prime Minister Rishi Sunak announced the vote six weeks ago, taking politicians and the public alike by surprise. The Thursday ballot is the first U.K. general election since 2019, when then-Conservative leader Boris Johnson clinched the party's biggest majority win since 1987 over Jeremy Corbyn's Labour. Rishi Sunak, UK prime minister, campaigns at a Conservative Party general election campaign event at the National Army Museum in London, UK, on Tuesday, July 2, 2024.

Persons: Keir Starmer, Rishi Sunak, Nigel Farage's, Hannah Bunting, Labour's Tony Blair, John Major, Jeremy Hunt, Sunak, Boris Johnson, Jeremy Corbyn's Labour, Liz Truss Organizations: Labour Party, Bloomberg, Getty, Conservative, Labour Party ., of, Liberal Democrats, Greens, Scottish National Party, Plaid Cymru, Democratic Unionist Party, Nigel Farage's Reform, Conservatives, Labour, Convention, University of Exeter, European Union, Conservative Party, National Army Museum Locations: Redditch, UK, England, Scotland, Wales, Northern Ireland, London

☆ 162 Years Later, a Medal of Honor for Two Civil War Train Raiders
▼ + stars: | 2024-07-03 | by ( John Ismay | ) www.nytimes.com time to read: +1 min

The plan was bold, but ultimately doomed. But the stolen train, called “the General,” ran out of fuel 18 miles from Chattanooga, according to a U.S. Army account of the heist, which became known as the Great Locomotive Chase. The Union soldiers and civilians who took part in the mission fled, but all were captured after less than two weeks on the run. Most were sent to prisoner of war camps. In 1863, six survivors of the raid were the first American soldiers awarded the Medal of Honor, the nation’s highest decoration for valor in combat, which had been authorized by President Abraham Lincoln the year before.

Persons: ”, Abraham Lincoln Organizations: Union Army, U.S . Army, Union Locations: Chattanooga, Georgia, Marietta, Tennessee

☆ Biden's path to victory is much narrower following his debate disaster with states like New Mexico and Virginia suddenly in play for Trump
▼ + stars: | 2024-07-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Under the University of Virginia Center for Politics' current projections, there are five true toss-up states: Michigan, Wisconsin, Pennsylvania, Arizona, and Nevada. The reality is that if Biden is stuck playing defense in states Democrats usually win, Trump's return to the White House will be a foregone conclusion. The only question then will be how many Electoral College votes would the former president win. "If Biden's position gets worse, that's when you see maybe a Virginia or New Mexico get in play," Kondik said. Virginia, New Hampshire, New Mexico, or Minnesota are not going to be the states that put Trump over 270.

Persons: Joe Biden's, Nate Silver, Biden, hadn't, Trump, Crystal Ball, Kyle Kondik, Kondik, Ball, hasn't, George H.W, George H.W . Bush, Robert F, Kennedy Jr, Jen O'Malley Dillon, O'Malley Dillon, There's, Trump's, Harry Enten, Biden's, 8KhJEsd8Dc —, Kamala Harris, Gretchen Whitmer, Gavin Newsom, Lloyd Doggett, we're Organizations: Service, Nebraska, Trump, Business, Sun, Lean, University of Virginia Center, Politics, Electoral College, Republican, Saint Anselm College, Biden, Independent, Granite, Democratic National Convention, California Gov Locations: Michigan , Wisconsin, Omaha, Midwest, Arizona, Georgia, Michigan, Minnesota, Michigan , Wisconsin , Pennsylvania, Nevada, Virginia, New Mexico, Maine, Nebraska, George H.W ., New Hampshire, Granite State, Florida, Texas, Virginia , New Hampshire , New Mexico

☆ It's getting hard to see how Biden can stay in the race
▼ + stars: | 2024-07-03 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Read previewAs of Wednesday, President Joe Biden is vowing to stay in the presidential race. Two House Democrats have publicly joined them, while two others — Reps. Jared Golden of Maine and Marie Gluesenkamp Perez of Washington — declared that they believe Biden will lose in November. AdvertisementJust in the last few days, people within the White House have discussed Biden's irritably, his relatively light schedule, and the jarring appearance of Hunter Biden at some White House meetings. Related storiesMore broadly, elected Democrats have grown comfortable openly discussing the possibility of replacing Biden, even if they're not officially calling for it. Dumping Biden brings its own risks — it's an unprecedented move, and any potential successor may have their own political weaknesses.

Persons: —, Joe Biden, Tim Ryan, Julián Castro, Biden, Jared Golden of, Marie Gluesenkamp Perez, Washington —, irritably, Hunter Biden, Donald Trump, Kamala Harris outpolling Biden, there's, they're, It's, Trump, Biden's Organizations: Service, Business, Democratic, Urban, Biden, Democrats, Trump, New York Times, Siena College, CNN Locations: Trump

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