Tip News Daily Brief

Your Daily Brief

June 5th, 2023

Good morning, and happy Monday! Have you heard that some dogs don’t like mail carriers? Apparently, that’s especially true if you live in California or Texas. Those states ranked highest on the Postal Service’s annual list of states with the most dog bites against its employees. The report calls attention to aggressive dog behavior mail carriers sometimes face and is how the USPS chose to kick off National Dog Bite Awareness Week. Happy Monday, indeed!

In Today’s Brief

Poland: Mass anti-government protests
Churchill Downs: Suspends all racing
NBA Finals: Series is tied 1-1
Saudi Arabia: Announces oil supply cuts

...and more

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Top Tips

Train crash investigation

India’s railway minister suggested that a signal fault led to the train crash in eastern Odisha state that left at least 275 dead and more than 1K injured.

On Friday night, two trains derailed in the worst rail accident this century in India. After investigating the cause of the crash, Indian officials said it was related to an error in the electronic signaling system, a safety mechanism designed to prevent conflicting movements between trains. The system also reportedly monitors the status of signals that tell drivers how close they are to the next train, how fast they can go, and alerts them to the presence of stationary trains on the track.

Per Indian officials, the error led to one passenger train being diverted onto the wrong tracks and slamming into a freight train carrying heavy goods that sat idle. The freight train’s carriages derailed onto the opposite track, where they were hit by an oncoming high-speed train.

Debt ceiling bill signed

President Biden signed legislation that lifts the nation’s debt ceiling, averting a first-ever default on the federal government’s debt.

Raising the nation’s debt ceiling, which sits at $31.4T, will ensure that the federal government can borrow to pay debts it has already incurred. President Biden signed the bill two days before June 5th–the date the U.S. Treasury said it would no longer be able to pay all of the nation’s obligations in full and on time, which would have sent shockwaves through the U.S. and global economies unless the ceiling was lifted.

The legislation includes increased defense spending and a pullback of $21.4B from the $80B funding boost that the IRS was granted as part of the Inflation Reduction Act of 2022. The agreement also reinstates student debt payments and the accrual of interest starting on August 30th, ending a payment pause that originated as a response to the pandemic.

Sonic booms in DC

Explosion sounds that were heard yesterday across Washington, D.C., and nearby towns were identified as sonic booms from F-16 fighter jets.

According to FAA officials, F-16s were scrambled to intercept an unresponsive passenger plane that “crashed into mountainous terrain in a sparsely populated area of southwest Virginia.” The Annapolis Office of Emergency Management said in a statement posted to Twitter that the “boom that was heard across the DMV area was caused by an authorized DOD flight.”

The FAA later confirmed that the private passenger plane took off from Elizabethton Municipal Airport in Elizabethton, Tennessee, and was bound for Long Island MacArthur Airport in New York. The D.C. National Guard sent F-16s to intercept the plane after it didn’t respond to communication attempts, and the pilot was observed passed out in the cockpit prior to the plane crashing in Virginia. As of last night, the condition of that pilot is unknown.

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Quick Tips

Around the Globe

Anti-Kremlin fighters opposed to the government in Moscow claimed they captured some Russian soldiers in Belgorod, near the border with Ukraine (More)
Hong Kong police detained several pro-democracy activists on the anniversary of the Tiananmen Square massacre; Chinese authorities have banned public commemoration of the 1989 incident, which saw China crush protests in Beijing with tanks and troops (More)
An estimated 500K people in Poland marched in an anti-government protest in the capital of Warsaw to demonstrate against policies that they claim have eroded democratic norms (More)

On the Homefront

Churchill Downs suspended all racing events to re-examine safety measures following the deaths of a dozen horses at the Kentucky race track in the past month (More)
The Directors Guild of America announced a tentative deal with film studios to provide pay hikes and an improved residual for international streaming (More)
Elon Musk will host Robert F. Kennedy, Jr. on Twitter Spaces today for a live conversation; the discussion, titled “Reclaiming Democracy,” is scheduled to kick off at 2 PM ET (More)

Glitz & Games

In partnership with Annmarie

Vegas Golden Knights beat the Florida Panthers in Game 1 of the Stanley Cup Finals; Game 2 takes place tonight (More)
‘Spider-Man: Across the Spider-Verse’ earned $120.5M in its domestic box office debut; the figure marks the second-biggest opening weekend of the year and the third-biggest opening weekend for any Spider-Man film (More)
The Miami Heat beat the Denver Nuggets with a final score of 111-108 in Game 2 of the NBA Finals; series is tied 1-1 (More)

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Business & Markets

Major indexes in the stock market closed higher on Friday, with the Dow leading gains (Dow +2.12%, Nasdaq +1.07%, S&P 500 +1.45%)
Saudi Arabia announced oil supply cuts of 1M barrels per day to bolster prices of crude oil starting in July; previously, the OPEC+ alliance agreed to a 2M barrels-per-day decline in October 2022 (More)
Allstate has stopped offering new property & casualty coverage to California homeowners and establishments due to rising wildfires and construction costs; the move comes one week after State Farm announced it was pulling out of the California market for the same reason (More)

Tips & Tricks

Feel Good: Meet Mary Claire Cooke, a fourth-grade girl in Alabama who invented the state's official cookie called the "Yellowhammer" for a school project; the recipe apparently includes pecans, peanut butter, and honey (which sounds delicious)
Bump This: Reggaeton godfather Daddy Yankee teams up with Puerto Rican crooner Omar Courtz for the new sure-to-be-summer-smash “BEACHY” - listen on Apple Music, Spotify, and YouTube
Chow Down: It’s always a good idea to keep snacks ready to grab and go, and it’s an even bigger plus when they’re healthy - try out this recipe for apricot nut and seed bars that are perfect for keeping in the fridge or freezer for an energy boost whenever you need one
Look Out: Check out a new study that Cal State Long Beach researchers conducted showing that juvenile white sharks swim near humans much more often than we previously thought…and yet, shark bites continue to be rare compared to other injury-inducing events
Go Deep: Read about how the life expectancy gap between men and women in the U.S. continues to grow, with women hitting 79.1 years in 2021 while men hit 73.2, according to the CDC; the difference of almost 6 years makes for the largest gap in more than a quarter century
Hot Goss: Singer-songwriter Ed Sheeran dropped the guitar and surprised fans at the South Philadelphia restaurant Phillip’s Steaks by making and giving away cheesesteaks over the weekend
Life Hack: When we think of breakfast, we don’t often think of vegetables, but starting the day with savory foods may just be the key to keeping us as healthy as possible - here are several reasons to eat a savory breakfast and four dishes you can start with

Tip-Offs

Ranking the world’s wealthiest self-made women.

The U.S. cities where high wages go the furthest.

…and the best U.S. cities for raising a family.

America’s best and worst places for hockey fans.

What it’s like to ride the world’s fastest roller coaster.

A video guide on how to solve any Rubik’s cube.

See what science says about being an older father.

…and examining if pollution is causing infertility.

Looking Back…

On June 5th: The Six Day War begins amid rising tensions between Israel and a coalition of Arab states (1967); Robert F. Kennedy is fatally shot by Sirhan Sirhan at the Ambassador Hotel in Los Angeles (1968); AIDS is reported for the first time (1981); actor Neil Patrick Harris is born (1973).

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