President Joe Biden announced his decision to end his re-election campaign in a speech from the Oval Office, emphasizing the importance of “passing the torch to a new generation.” He highlighted the need to preserve democracy and unity in the nation, calling on Americans to choose between moving forward or backward. Biden endorsed Vice President Kamala Harris as his successor, praising her experience and leadership qualities. His speech marked the beginning of closing this chapter of his presidency and preserving his legacy.
Meanwhile, FBI Director Christopher Wray revealed new details about the attempted assassination of former President Donald Trump, linking the shooter to research about President John F. Kennedy’s assassination. The gunman had a firearm with a collapsible stock to conceal the weapon, explaining why it was not noticed until he was on the roof. The House voted to form a bipartisan task force to investigate the incident.
Additionally, the stock market experienced its worst day since 2022, with top tech companies like Tesla and Google facing significant losses. Traders are considering potential interest-rate cuts by the Federal Reserve in response to rising unemployment rates and economic concerns. Yellowstone National Park closed Biscuit Basin for the season after a hydrothermal explosion, while NBC News provided insights into life inside Olympic villages, where athletes sleep, eat, train, and socialize during the games.
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