US futures edge up but Biden’s tax proposals dent investor sentiment and hit cryptocurrencies

Summary List Placement US futures edged up on Friday, regaining some stability, after President Joe Biden proposed a sharp increase in capital gains tax for the wealthiest Americans, which hit investor sentiment and triggered a sell-off in cryptocurrencies. Stock-index futures largely shook off any overnight weakness, but the mood remained cautious. Dow Jones futures rose […]

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The Indonesian navy says it found an unknown object with ‘strong magnetic resonance’ in search for its missing submarine, which has less than 24 hours of oxygen left

Summary List Placement Indonesia’s navy said on Friday that it had found an object emitting a “strong magnetic resonance” during the search for its missing submarine. The navy dispatched search crews to find the KRI Nanggala 402 Wednesday morning after it missed a routine check-in following a torpedo drill that was being conducted near the […]

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Bitcoin slides below $50,000 with $260 billion wiped off the crypto market as Biden’s tax proposals crush risk appetite

Summary List Placement Bitcoin slid below $50,000 on Friday, extending losses for a seventh day in a row, while simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market. The world’s most widely traded digital asset fell 4% to around $49,130, ether fell 7% to around $2,220, Dogecoin […]

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The UK’s ‘red list’ now bars travel from India to contain the spread of COVID-19 variants. Here’s what it means, which countries are on the list and how it works.

Summary List Placement As India’s daily COVID-19 cases surge to global records, the UK has added the country to its “red list” of places from which travel is banned to to prevent the spread of coronavirus and its variants. The red list could be compared to “Level Four: Do Not Travel” advisory issued by the […]

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Washington job moves of the week: Ben Carson lands a post-Trump consulting gig, Buttigieg taps a new chief science officer for climate, and the DNC beefs up its comms team

Summary List Placement Robert C. Hampshire is filling a job in the federal government that’s been empty since the Reagan era.  Department of Transportation officials on Wednesday reported that they hadn’t had a chief science officer for more than 40 years — which means Secretary Pete Buttigieg’s newest advisor has a lot to catch up […]

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All signs point to a Justice Department Trump investigation taking a backseat to efforts in New York and Georgia

Summary List Placement Donald Trump left the White House three months ago under the cloud of a second Senate impeachment trial, fretting a permanent expulsion from elected office and debating whether to protect himself from federal prosecution with a self-pardon. But nearly 100 days later, the Justice Department appears to be taking a backseat under […]

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10 things in tech you need to know today

Summary List Placement Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. Let’s get started. 1. SpaceX is launching four astronauts into Earth’s orbit today. From liftoff early this morning to an ocean splashdown six months later, here’s how the journey will go. 2. It’s possible […]

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Tucker Carlson’s college yearbook entry referenced groups that appear to be named after Harvey Milk’s killer and an anti-gay GOP senator

Summary List Placement Fox News host Tucker Carlson’s college yearbook photo was circulating on Twitter this week, with some pointing out the groups listed in the entry. Beneath Carlson’s photo and name, the entry included the “Dan White Society” and the “Jesse Helms Foundation,” implying Carlson was part of the groups. Dan White was an […]

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A Pentagon panel recommended that commanders shouldn’t get a say in whether service members are prosecuted for sexual assault

Summary List Placement Recommendations from a Pentagon commission may drastically change how the US military handles sexual assault cases, suggesting commanders stay out of decisions on whether service members should be prosecuted.  The panel says that independent authorities — not military commanders — should be the ones to decide if service members are taken to […]

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