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Harris Criticizes Trump's Plan, Immigration Diverts Economic Debate

In a 90-minute ABC debate, Harris remained focused on her economic plan while Trump struggled with immigration issues and a rambling response on Project 2025.

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What you’ll read?

  • Harris Criticizes Trump's Lack of Plan

  • Global Central Banks Gear Up for Key Rate Decisions

  • Today in AI & Tech

  • Suspected Assassination Attempt on Trump Thwarted at Florida Golf Course

    and more…

BUSINESS

Harris Criticizes Trump's Lack of Plan, As Immigration Derails Economic Debate

The full transcript of the Harris-Trump debate on ABC Television lasted 90 minutes. Harris, as expected, was organized, thoughtful, and precise in addressing questions about cost of living and the economy, staying focused on her Opportunity Economy plan, claiming Trump had none. Trump shifted to immigration when asked about the economy and cost of living, failing to handle one issue thoroughly or convincingly. Harris highlighted Trump's focus on himself, billionaires, and Project 2025 when Trump discussed immigration. Trump's lengthy, rambling response on Project 2025 wasted time, leaving the impression he lacked a plan for America, as he offered none. This set the tone for the debate.

Global Central Banks Gear Up for Key Rate Decisions, Investors Brace for Impact

Several major central banks will hold monetary policy meetings this week, with investors preparing for potential interest rate changes in either direction.

The Federal Reserve's much-anticipated two-day meeting begins on Tuesday and is expected to be the main focus.

The U.S. central bank is likely to join others globally in initiating its own rate-cutting cycle, with the only remaining question being the size of the cut.

Traders currently expect a quarter-point cut as the most probable outcome, though as many as 41% foresee a half-point move, according to the CME's FedWatch Tool.

Meanwhile, Brazil’s central bank will hold its policy meeting on Tuesday and Wednesday. The Bank of England, Norway’s Norges Bank, and South Africa’s Reserve Bank will follow on Thursday.

A busy week of central bank meetings will end with the Bank of Japan’s latest rate decision at the conclusion of its two-day meeting on Friday.

TECH

Today in AI & Tech

  • Making Waves: Oprah interviewed Sam Altman, Bill Gates, and other experts on the state of AI in a wide-ranging prime-time special last week. Her verdict: “We are in for the ride of our lives.”

  • Cash Cow: OpenAI’s COO disclosed that ChatGPT now boasts over 11 million paying subscribers. At this pace, The Information estimates it generates approximately $2.7B annually.

  • New Era: Salesforce launched a platform called Agentforce, enabling businesses to program AI agents to serve as customer service agents, sales coaches, or personal shoppers.

  • Two is Better Than One: DeepMind unveiled tech demos of its experimental robots executing complex, two-handed tasks like tying shoes and hanging a shirt on a hanger.

Other

Suspected Assassination Attempt on Trump Thwarted at Florida Golf Course

The man arrested in a suspected assassination attempt on former President Donald Trump was a passionate supporter of Ukraine in its conflict against Russia and also appeared to have a long history of business issues and court filings.

Ryan Routh, 58, was taken into custody on Sunday and is awaiting a federal court appearance, according to David Aronberg, state attorney for Palm Beach County, who spoke to USA TODAY.

Authorities said the suspect aimed a rifle through the fence at the Trump International Golf Course in West Palm Beach, Florida, while Trump was golfing. Secret Service agents on the scene spotted the weapon, fired at the man, who then fled.

Winkler Honors Howard's Emmy Wins During "Happy Days" Reunion at the Awards

Ron Howard and Henry Winkler reunited at the Emmys to mark the 50th anniversary of "Happy Days" and presented the award for outstanding directing in a comedy series. Winkler praised Howard, who won awards for his documentary "Jim Henson Idea Man."

Eugene and Dan Levy Host Memorable 2024 Emmys with Big Wins for "Hacks," "Baby Reindeer," and FX Shows

The 2024 Emmy Awards were a star-studded, nostalgic, and enjoyable event hosted by Eugene and Dan Levy, with emotional wins and predictable moments. Notable victories included FX's "The Bear," "Shogun," Max's "Hacks," and Netflix's "Baby Reindeer."

It's a Wrap!

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Sarah