By Lauren Weber
Tuesday August 25th, 2015
TOP STORIES
MARKETS STABILIZE AS CHINESE STOCKS CONTINUE TO DIVE "Most stock markets around the world gained Tuesday, as the recent global market rout showed signs of easing. European stocks climbed sharply, while U.S. stock futures surged, shrugging off another sharp drop in Chinese stocks. Treasurys slipped, as the fierce demand for haven assets faded." The "three-day rout" resulted in a loss of $3 trillion of stock market value globally. Chinese stocks hit an eight-month low. [WSJ]
UNDERSTANDING THE CHINA SLOWDOWN Take a look at why the China slowdown is having such an effect on the global markets. Meet the Harvard professor who's been warning of a China drop from some time. Check out the 10 stocks crashing the Dow, and what's behind the "cruel psychology" of a 1,000-point drop. [WaPo]
BIDEN WEIGHS FAMILY, INCOME INEQUALITY, WHILE CONSIDERING BID "If Vice President Joe Biden decides to jump into the presidential race, his decision will be driven, he has said in recent conversations, by a belief that Hillary Clinton's background won't allow her to be a credible messenger when it comes to income inequality, which Biden sees as a defining issue. But even as Biden sees that opening, and is being urged by members of his family to run, his remaining reluctance stems from his wife Jill Biden's discomfort with a bid at this moment." Over at the White House, the vice president was praised for his "aptitude for the top job." [Ryan Grim, Sam Stein and Amanda Terkel, HuffPost]
UNITED NATIONS UNESCO LABELS ISIS DESTRUCTION OF ANTIQUITIES IN SYRIA A WAR CRIME "Much like the grinding slaughter of human beings, the ravaging of irreplaceable antiquities in Syria and Iraq has become something of a grim wartime routine. Yet the cumulative destruction of antiquities has reached staggering levels that represent an irreversible loss to world heritage and future scholarship, archaeological experts and antiquities officials say." [NYT]
INDYCAR DRIVER DIES FROM HEAD INJURY "IndyCar driver Justin Wilson died Monday night from a head injury suffered when a piece of debris struck him at Pocono Raceway. He was 37." [AP]
BEN HIGGINS NAMED NEXT BACHELOR Ladies across America collectively swooned, and ABC executives are already seeing the $$$. Oh, and in case you didn't know, this is season 20 of the illustrious dating show. America, we should be disgusted with ourselves. We should be. [Leigh Blickley, HuffPost]
BEHIND H&R BLOCK'S PLAN TO MAKE FILING TAXES HARDER "At the company's instigation, the Senate Appropriations Committee has passed a funding bill covering the IRS whose accompanying report instructs the agency to at least quadruple the length of the form that taxpayers fill out to get the Earned Income Tax Credit." [Vox]
WHAT’S BREWING
LAWYER FOR ADNAN SYED OF 'SERIAL' FILES MOTION TO THROW OUT CELL TOWER EVIDENCE Syed's lawyer has found an AT&T document claiming the location-tracking data from the cell towers is inaccurate on incoming calls. And somewhere, Sarah Koenig is pondering what that means for our existence as a human species. [HuffPost]
STEPHEN COLBERT'S LATE-NIGHT GUESTS DON'T DISAPPOINT Jeb Bush, Scarlett Johansson, Elon Musk and George Clooney, just to name a few. [HuffPost]
SO MANY PEOPLE HAVE TURNED 100 IN JAPAN That the government can't keep giving each centenarian a gift. [HuffPost]
THE WORLD IS A BETTER PLACE With George and Amal Clooney PDA. [HuffPost]
ALL THE MEMBERS OF TAYLOR SWIFT'S SQUAD She sure has brought a ton of celebrity friends onstage. Like, does she have time to text all these people? How does she keep in touch? [HuffPost]
VARIETY'S 10 ACTORS TO WATCH FOR IN 2015 Take note of Rebecca Ferguson, Jessie T. Usher and Thomas Mann. [Variety]
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WHAT'S WORKING
YOUTUBE’S FIGHT AGAINST ISIS “YouTube, facing pressure after unwittingly hosting execution clips before the company could realize and take them down, was offering its helping hand. Nearly two months later, on a Saturday in January, about 70 Muslims arrived at a closed-door meeting at YouTube’s studios. They comprised a who’s-who of imams, scholars, activists, Muslim vloggers and entertainers from across the U.S. Many had witnessed extremism first-hand, such as imam Suhaib Webb, who was the face of the Boston Muslim community in the aftermath of the Boston Marathon bombings. For nine hours, experts, many of them Muslims, briefed participants and brainstormed how to combat online extremism.” [HuffPost]
ON THE BLOG
ENTERING YOUR LATE 20s "The more work you have on your plate, the more responsibilities you have. And the more responsibilities you have, the more you're growing or WILL grow in your career -- whether that happens at your current company, a different company, or a venture on your own." [HuffPost]
BEFORE YOU GO
~ Ten years later, the gut-wrenching footage of Hurricane Katrina.
~ Head to a national park today, where admission will be free in honor of the parks' 100th anniversary.
~ Ranking the best and worst TV series finales in history -- here's to you, "Lost."
~ We adore this pitbull’s re-enactment of movie posters. We can just hear the, "I ruff you every day for a year."
~ The premiere of "Fear the Walking Dead" broke cable TV records.
~ Alison Brie and Dave Franco are engaged!
~ Practice those burrito-rolling skills -- Chipotle is set to hire 4,000 people Sept. 9.
~ When you see Donald Trump in your butter.
~ Anna Kendrick, we love your life motto.
~ A Catholic cardinal was arrested for a DUI in Hawaii.
~ When you're 23 and spend a week dressed like Prince George.
~ Katherine Heigl just can't give up on network TV dramas. Or she needs the money.
~ How a boa constrictor kills.
~ The most dangerous foods for dogs.
~ Is NFL Commissioner Roger Goodell utilizing the trademark power skills of a dictator?
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