Biden's Newest Tax Plan Could Devastate Retirement Funds |  | Advertisment |
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| Good morning, it is Monday, July 1, and we're covering How the Supreme Court Could Decide Trump's Blockbuster Fight for Immunity, US Employers Want More Part-Time Workers. Here's What That Means, A Tesla auto driver competition & much more!! First time reading? Sign up here. | | American Fact of the Day! | On July 1, 1941, CBS aired the first-ever color television broadcast in the United States, marking a groundbreaking moment in television history. |
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| | Breaking Updates | | How the Supreme Court Could Decide Trump's Blockbuster Fight for Immunity | The Supreme Court is facing a pivotal case regarding whether former President Donald Trump can claim immunity from federal charges related to his efforts to subvert the 2020 election. This case holds significant implications not just for Trump's immediate legal challenges but also for broader questions about presidential immunity and the timing of potential trials. Between Trump's initial claim of absolute immunity and a recent appeals court ruling denying him any protection, lies a critical uncertainty that could affect whether a trial occurs before the upcoming election. | Central to the case is Special Counsel Jack Smith's prosecution of Trump's actions surrounding the 2020 election and the January 6th events. The Supreme Court's decision could establish precedent not just on immunity but also on the speed at which Trump could face trial. Despite Trump's legal maneuvers to delay proceedings, including appeals to higher courts, experts suggest that even a favorable ruling for Trump might not completely shield him from prosecution due to distinctions between official presidential actions and private conduct. | The justices' approach during oral arguments indicates a complex deliberation. Some justices seemed inclined to acknowledge some form of immunity for official actions, echoing precedents like Nixon v. Fitzgerald, which granted civil immunity to presidents for official acts. However, the extent and application of such immunity, particularly in criminal cases, remain contentious. Ultimately, the Supreme Court's ruling is poised to shape not only Trump's immediate legal fate but also the future boundaries of presidential immunity, potentially setting enduring precedents for years to come. | Read more updates here |
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| US Employers Want More Part-Time Workers. Here's What That Means | In recent months, there has been a notable shift in the job market towards part-time employment, contrasting with relatively stagnant demand for full-time positions. Data from Indeed shows that while full-time job postings have remained steady since January 2022, advertisements for part-time roles have increased by approximately 10% over the same period. This trend reflects a broader preference among employers, potentially influenced by factors such as cost management or meeting workforce preferences for flexibility. | The rise in part-time employment is also mirrored in hiring trends. According to the Labor Department, part-time employment saw a significant 8.9% increase from January 2022 to May 2024, whereas full-time employment rose by only 1.5% during the same timeframe. This shift is being closely monitored by the Federal Reserve as part of its considerations on economic conditions and interest rate policy. | Despite the overall strength of the US job market, there are signs of cooling, with slight increases in unemployment rates and shifts in the number of job openings. The evolving dynamics suggest a complex landscape where employers may be adapting to changing economic conditions and worker preferences, potentially impacting the future trajectory of employment trends across various industries. | Read more updates here | | | American Sports & Culture |  | U.S. Olympic Trials: Sha'Carri Richardson falls short of qualifying for Paris in women's 200 | Richardson finished fourth in the women's 200-meter final at the U.S. Olympic track & field trials on Saturday evening, one spot shy of what she needed to punch her ticket to Paris in the event. |
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|  | Reports: Warriors waiving Chris Paul, who will become a free agent | The 12-time All-Star will enter free agency as an unrestricted free agent. |
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|  | 8 Outrageous Trades to Shake Up the 2024 MLB Trade Deadline | This past Thursday, our Joel Reuter put together an updated list of 10 trade ideas for Major League Baseball's July 30 trade deadline. It was good, sensible… |
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| American Business & Markets |  | Is this the Tesla robotaxi killer? Meet the 'Verne.' | Watch out Elon Musk. there's another robotaxi play in town, and it's backed by a highly-regarded name in the business of EVs. |
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|  | June jobs report ushers in new quarter during holiday-shortened trading week: What to know this week | Stocks enter the second half of the year near record highs as a crucial week of labor market data is set to greet investors. |
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|  | Stock futures rise as Wall Street readies for the second half: Live updates | Stock futures rose in overnight trading Sunday as Wall Street looked ahead to the second half of 2024. |
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| | American Politics |  | Doug Burgum says he'll accept 2024 election results if they're 'free and fair' | Gov. Doug Burgum (R-N.D.), a vice-presidential contender, joins Meet the Press exclusively to talk about whether he would commit to accepting the results from the election in November. |
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|  | Analysis: A return to the roots of presidential debates | CNN's presidential debate will feel like something new for most Americans, but it is actually a return to the roots of presidential debates. |
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|  | Democrats shift the blame on Biden's debate performance | Three days after the disastrous debate, Dems are passing the buck on Biden's poor performance. |
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