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The US treasury secretary insisted a recession is avoidable. Janet Yellen pointed to healthy labor market figures to support her argument. Plus, wealthy Americans are still borrowing money.
Boeing defense workers in St. Louis decided to go on strike next month. Nearly 2,500 unionized workers at three facilities rejected a new contract.
Tesla secured a fast lane at the Mexico border. The border crossing in the state of Nuevo Leon has a lane exclusive for Tesla and its suppliers, according to Bloomberg.
The WHO declared monkeypox a global health emergency. Director-general Tedros Adhanom Ghebreyesus overruled a panel of advisers to make the declaration (see more below).
The Pope started his “penitential” trip to Canada. The pontiff is expected to apologize to Indigenous people for the abuses suffered at residential schools.
A fast-spreading wildfire forced thousands to evacuate in California. The fire burned more than 14,000 acres as a heat wave continues to affect millions of Americans.
Brazilian president Jair Bolsonaro launched his re-election bid. The speech he gave in Rio de Janeiro focused on God, guns, and family.
WHAT TO WATCH FOR
For the second time in two years, the World Health Organization issued its highest alert for a disease, declaring monkeypox a global health emergency.
The announcement comes as cases have climbed to more than 16,000 across 75 countries. In the agency’s second meeting about the disease, WHO director general Tedros Adhanom Ghebreyesus said the speed at which the outbreak has spread and how it is spreading led to the decision.
The WHO’s declaration allows for a more coordinated international response and resources toward controlling the outbreak. But there’s still a lot of unknown. We put together a reading list to give some context to the WHO’s announcement:
🧪 How do we test for monkeypox?
💊 What is the treatment for monkeypox?
🤔 What HIV can teach us about how to handle monkeypox
💉 New York’s LGBTQ community is facing a severe monkeypox vaccine shortage
AMERICANS ARE CRANKING UP THE AC
More than 90% of Americans who own air conditioners are cranking it up this summer. It’s a trend that’s grown in recent years as the season becomes hotter and longer.
Higher AC usage is straining the electrical grid and boosting carbon emissions that will further contribute to global warming. While ACs aren’t as common in other places around the world—less than 10% of households in Europe have an AC unit, for example—that number is predicted to increase as extreme summer temperatures like the ones currently scorching the region become more common.
WHAT IF MICROSOFT BOUGHT NETFLIX?
To win the streaming wars, offering on-demand content just isn’t enough anymore. Disney has its theme parks, Apple its hardware, and Amazon its e-commerce empire. Where does that leave Netflix?
The streaming service’s relative lack of diverse business operations has gradually transformed it from an early tech innovator into a one-note company with an uncertain future. Netflix can’t build a theme park in a day, but an acquisition by tech giant Microsoft, its new ad partner, might just be its best hope.
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Hong Kongers are scraping paint off public walls. They’re revealing tags by the late graffiti artist Tsang Tsou-choi, which are finding new resonance during the current political climate.
A mysterious $20 pink sauce is all the rage on TikTok. But errors in the nutritional label hint at its dubious provenance.
Central Park’s famous boathouse is closing. The doors are shuttering in October to the dismay of romantics the world over and the 163 workers facing layoffs.
Some fish fins were made for walking. Paleontologists discovered a fossil suggesting that ancient fish once walked on four limbs, but then decided they liked water instead.
Cricket is lifting spirits in Sri Lanka. Amid a political and economic meltdown, the men’s national team is on a winning streak.
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