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The Latest Breaking News from Michael Brown

Gold and silver prices plunge following Trump's Fed pick announcement

The selloff follows a wild year when the precious metals soared as if they were meme stocks or the hot new tech darling.

Axios

The U.S. has 'escalation dominance' in a debt war as Europe would face a violent market crash if it dumps Treasuries

Europe accounts for about a third of U.S. government bonds held overseas, or roughly 10% of the overall Treasury market.

Fortune

Judge throws out ‘hopeless’ legal claim over Reform treasurer’s penthouse

Michael Brown appeared to be seeking £659 million over an alleged fraudulent valuation of the penthouse

The Independent UK

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How do you fire someone into the Sun?

We live in changing times. While we once flippantly threw villains to the lions, now we seek to fire them into the Sun.

The Conversation

It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street

A $1 increase in stock wealth leads to a $0.05 marginal propensity to consume, up from less than $0.02 in 2010, according to Oxford Economics.

Fortune

Dow futures jump nearly 400 points as markets eye another serving of the TACO trade after Trump says ‘Don’t worry about China’

“Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!”

Fortune

Suspected Gilgo Beach serial killer will face one trial for the murders of seven women in major win for prosecutors

Rex Heuermann, a 62-year-old architect from Massapequa Park, is charged with seven murders

The Independent UK

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Why everybody's talking about the Fed's "third mandate"

Newly confirmed Fed governor Stephen Miran noted that moderate long-term rates are a goal.

Axios

Markets have been acting 'super weird' lately. Just look at gold prices vs. the dollar and bonds

"The fact that the 30-year Treasury yield didn’t fall immediately is weird and worrying. It took very weak payrolls to finally do that."

Fortune

Friend of Michael Brown who witnessed his killing by cop and inspired ‘hands up, don’t shoot’ chant is shot dead

Dorian Johnson, whose account of the killing helped to inspire the ‘hands up, don’t shoot’ protest chant, died less than a mile away from where Brown was killed in Feguson

The Independent UK

Asian Shares Rise As Japan Politics Weigh On Yen

Asian markets rose on Monday, with Tokyo up nearly two percent after Japanese Prime Minister Shigeru Ishiba's decision to resign pushed down the value of the yen.

International Business Times

‘You had to fend for yourself’: Hurricane Katrina haunts New Orleans as Trump guts disaster aid

As survivors and experts reflect on the storm 20 years on, fear is growing that the US is just as unprepared to take on extreme weather amid cuts to Fema

The Guardian - US

Hurricane Katrina: 3 painful lessons for emergency management are increasingly important 20 years later

Hurricane Katrina looms large in the history of American emergency management, both for what went wrong as the disaster unfolded and for the policy changes it triggered.

The Conversation

How many giraffe species are in Africa? New scientific analysis quadruples the count

Giraffes are now classified into four distinct species in Africa

The Independent UK

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Evening Standard

Major new assessment recognises four separate giraffe species for the first time

Historically, experts classified giraffes as a single species with nine subspecies, but that has been overturned by the new classification.

Evening Standard

FTSE 100 edges up ahead of Trump-Zelensky talks

Investors are focused on a speech by US Federal Reserve chief Jerome Powell, with hopes he will provide clues on Fed plans for interest rates.

The Independent UK

Suspect in mass shooting at Montana bar that left four dead is arrested after week-long manhunt

Michael Brown, 45, a U.S. Army veteran, is in police custody

AAP

Changes urged after family misses farewelling dying son

A father has described his "endless pain" after communication gaps with prison staff led to his 28-year-old son dying without family by his side.

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The Independent UK

Four people shot dead in Montana bar and army veteran on the run: All we know as manhunt continues

Authorities are searching for Army veteran Michael Paul Brown, accused of shooting dead Nancy Kelley, Daniel Baillie, David Leach and Tony Palm inside a bar in Anaconda

International Business Times UK

US Military Presence Surges in Popular Tourist Destination—What Travellers Need to Know This Summer

Cancún boosts summer security with 7,000 troops amid cartel concerns. What UK travellers need to know before visiting Mexico's top holiday zones.

Fortune

A shadow Fed chief could lead to a ‘revolt’ at the FOMC against Powell’s successor, former vice chair warns

“If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be there when the new chair takes over.”

The Independent UK

Landscaper arrested after inviting hundreds to unauthorized party while homeowners away, cops say

Michael Brown is accused of inviting as many as 400 people to the house party in the Charlotte suburb of Weddington

The Independent UK

Judge dismisses murder charges against Atlanta officer in 2019 shooting of unarmed man in closet

A federal judge has thrown out murder charges against a former Atlanta police officer who shot and killed an unarmed man hiding in a closet

The Conversation

5 years after George Floyd’s murder: How the media narrative has changed around the killing and the protests that followed

On the evening of May 25, 2020, George Floyd was murdered by police outside a grocery store in Minneapolis.

Euronews

Gold’s record rally stalls on hopes of easing global trade tensions

Gold retreated sharply from an all-time high in the past week as risk-aversion sentiment abated following Trump’s softened tone on China tariffs. While the price drop may continue in the near term, analysts expect gold to extend its long-term rally due to ongoing uncertainties.

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