Up First from NPR Harris VP Pick, Market Instability, Google Antitrust Ruling, Tropical Storm Debby
Aug 6, 2024
Vice President Kamala Harris picks Minnesota Governor Tim Walz as her running mate. Financial markets in Europe and Asia bounce back after recent turbulence tied to U.S. economic concerns. A judge rules that Google is a monopolist, raising questions about tech regulations. Meanwhile, Tropical Storm Debby wreaks havoc in the southeastern U.S., with communities grappling with severe weather impacts and safety preparations.
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Market Instability
- Global markets tumbled due to fears about the U.S. economy's health.
- Japan's market also fell but rebounded, influenced by their central bank's rate hike.
Google Antitrust Ruling
- A judge ruled Google a monopolist for illegally maintaining dominance in search engines.
- Their exclusive agreements with device makers like Apple and Samsung gave them an unfair advantage.
Tropical Storm Debby
- Tropical Storm Debby caused heavy rain and flooding in South Carolina, prompting a curfew in Charleston.
- Residents are urged to stay home due to the risk of flash floods and storm surges.