Special Counsel's Election Conspiracy Case Against Trump Unsealed

Newsletter Oct 3, 2024

Quick Six

Special counsel's conspiracy case against Trump unsealed
Special counsel Jack Smith's conspiracy case against Donald Trump was unsealed by a federal judge on Wednesday, revealing detailed claims about the former president's efforts to stay in power after losing the 2020 election. US District Judge Tanya Chutkan released Smith's 165-page filing nearly one month before the 2024 election. Smith seeks the green light on the case before Trump can dismiss it if he wins, based on the Supreme Court's July ruling on presidential immunity. Smith's election conspiracy case points to Trump's "private criminal conduct".
SMITH BUILDS CASE AGAINST TRUMP, BUT WILL IT STICK?

US private sector hiring rises; good sign for a soft landing
US private sector hiring picked up in September, with employers adding more jobs than anticipated, according to data released Wednesday by ADP. The labor market has been under scrutiny as the Nov. 5 election approaches. The Federal Reserve has also been monitoring employment data, as it walks a tightrope of tackling inflation without triggering an economic downturn.
WHICH EMPLOYMENT SECTORS SAW THE BIGGEST GAINS?

What's in a name? Twitter falls 80% since Musk renamed it
New estimates show that Elon Musk might have overpaid by as much as five-fold for Twitter, which he rebranded "X" in July 2023. The tech billionaire acquired the social media platform for $44 billion in 2022, when its shares were estimated at $19.66 million. Those same shares are now reportedly worth just $4.2 million -- a 79% decline from what shares were worth when Musk took over.
HOW MUSK USES X AS HIS OWN POLITICAL MEGAPHONE

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Markets

DJIA	42,196.52	0.09%
S&P 500	5,709.54	0.01%
Nasdaq Composite	17,925.12	0.08%
Japan: Nikkei 225	38,543.64	1.94%
UK: FTSE 100	8,290.86	0.17%
Crude Oil Futures	70.94	1.20%
Gold Futures	2,678.40	0.33%
Yen	147.12	0.45%
Euro	1.10	-0.05%
* As of market close

Iran warned Nasrallah; deadly day for Israel

Iran's Supreme Leader reportedly told Hezbollah leader Hassan Nasrallah there was an imminent plot to kill him and warned him to flee days before Israel effectively carried out his assassination through an airstrike in Beirut. Ayatollah Ali Khamenei sent a message through an envoy urging Nasrallah to flee for Iran, citing intelligence suggesting Israel had deeply infiltrated Hezbollah and has planning to kill him. Khamenei has remained in a secure location since ordering Tuesday's retaliation through a barrage of some 200 missiles fired at Isarel.

SEE HOW ISRAEL SUFFERED ITS DEADLIEST DAY IN LEBANON

EU targets social media's 'harmful' content

The EU voiced concerns about "harmful" content posted on Snapchat, TikTok and YouTube as it told the digital platforms on Wednesday to hand over more information on how they recommend content to users. The three platforms must "provide more information on the design and functioning of their recommender systems". Recommender algorithms are used by platforms to push more personalized content. The query was made under a landmark law known as the Digital Services Act.

WHY THE EU SPECIFICALLY TARGETED THE SOCIAL MEDIA TRIO

Vance dodges Walz's question about 2020

Critics from both sides of the political aisle largely gave Republican vice presidential candidate JD Vance high marks for his showing in Tuesday night's vice presidential debate. But it was what Vance wouldn't say -- whether or not running mate Donald Trump lost the 2020 election -- that left a bad taste in the mouths of voters. Democratic counterpart Tim Walz called his silence on the subject "damning" when Vance balked at the question near the end of the 90-minute debate.

WHAT THE POLLS SAID ABOUT THE NOT-SO-GREAT VP DEBATE

Extra point

Who was the only person to serve as President of the United States without being elected to the position of president or vice president?

Wednesday's answer: The first commercial breakfast cereal in the US was Granula, which was invented by James Caleb Jackson in 1863.

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