The News Roundup For August 9, 2024
Democratic presidential candidate, U.S. Vice President Kamala Harris and Democratic vice presidential nominee Minnesota Gov. Tim Walz walk out on stage together during a campaign event in Philadelphia, Pennsylvania. Andrew Harnik/Getty Images hide caption
Democratic presidential candidate, U.S. Vice President Kamala Harris and Democratic vice presidential nominee Minnesota Gov. Tim Walz walk out on stage together during a campaign event in Philadelphia, Pennsylvania.
Andrew Harnik/Getty ImagesThe candidates in the 2024 election are finally clear. On the Republican ticket, former President Donald Trump and Ohio Sen. J.D. Vance. On the Democratic side? Vice President Kamala Harris and Minnesota Gov. Tim Walz. Both sets of candidates have been flying all over the country, campaigning in swing states that may decide the outcome of the race in November.
Just like "Kleenex" and "Coke" are everyday brand-name terms for tissues and pop, many of us use the term "Google" to refer to online searches. And that dominance has legal implications. On Monday, a U.S. district judge ruled that Google "is a monopolist and it has acted as one to maintain its monopoly" in a 277-page ruling.
The stock market tumbled on Monday. The S&P fell over 3 percent in a single day. There has been, however, a slight rebound as the week has continued.
Meanwhile, overseas, Israel is bracing for expected retaliation from Iran and its proxies following the assassinations of a senior Hamas leader, Ismail Haniyeh, in Tehran and a senior Hezbollah leader, Fuad Shukur, in Lebanon late last month.
This week, an extraordinary meeting of the Organization of Islamic Cooperation was held in the Saudi port city of Jeddah. More than 50 members of Muslim-majority nations met to discuss the killings.
The global economy has been unstable this week. But nowhere more so than Japan, where the stock market plummeted by 12 percent on Monday. It was the worst single day since 1987.
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