Newsletter Nov 7, 2024
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Markets
DJIA 43,729.93 3.57%
S&P 500 5,929.04 2.53%
Nasdaq Composite 18,983.47 2.95%
Japan: Nikkei 225 39,289.76 -0.48%
UK: FTSE 100 8,166.68 -0.07%
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* As of market close

 
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Trump's legal cases likely to be dismissed

Most of President-elect Donald Trump's legal woes will go away due to a long-held policy by the Department of Justice against prosecuting a sitting president. The policy stemmed from a memorandum that said a sitting president could not be indicted or prosecuted because it "would unconstitutionally undermine the capacity of the executive branch to perform its constitutionally assigned functions." While Trump said he'd fire special counsel Jack Smith "within two seconds" of being re-elected to a second term, it no longer seems necessary. Smith is already taking steps to end both federal cases against Trump before he takes office.

SEE THE LIST OF TRUMP'S LEGAL CASES LIKELY TO GO AWAY



Trump's triumph destroys Biden's legacy

President Joe Biden hoped Kamala Harris would salvage his legacy as the man who saved America from Donald Trump. Instead, it lies in tatters. A disastrous debate against Trump forced him to drop his bid for a second term and "pass the torch" to Harris. Had she won, he would have been able to boast a list of achievements in his one term that included guiding the country out of the Covid crisis, passing historic legislation, building infrastructure and promoting green energy. All those accomplishments are called into question with Trump's win.

HOW BIDEN'S AGE, MENTAL HEALTH DIMINISHED HIS LEGACY


Olympic breaker 'Raygun' calls it a career

Australian breakdancer Rachael "Raygun" Gunn retired Wednesday, citing a "really upsetting" backlash following her performance at the Paris Olympics. Raygun, 37, became a global laughing stock after her unorthodox routine, including kangaroo hops and imitating a sprinkler, failed to impress the judges and fans at the Games. Gunn, a university lecturer, said the intense scrutiny had been "really upsetting", and she had decided to pull the plug on her breakdancing career.

SEE RAYGUN'S WILD RIDE SINCE COMPETING IN PARIS GAMES


Extra point

Breakdancing is the latest Olympic sport. What are the five oldest?

Wednesday's answer: Tamarack, California holds the record for the deepest snowfall measured on earth of 884 inches (73.7 feet) in 1911.

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