Your Daily Brief

June 27th, 2022


Good morning, and happy National Sunglasses Day! This weekend was a big one for news, so while you gear up to start your week, here’s a recap of what went down:

Today’s Highlights

  • Aftermath of the Supreme Court overturning Roe v. Wade
  • President Biden signs bipartisan gun safety bill into law
  • At least 21 dead from unknown causes in South African nightclub
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Aftermath of the Supreme Court overturning Roe v. Wade

The Supreme Court in a 5-4 decision on Friday overturned the Roe v. Wade ruling, giving states the power to set their own abortion laws without concern of operating outside the legal bounds that the 1973 decision put in place.

Those who had supported overturning Roe v. Wade praised the decision, while abortion rights and pro-choice activists gathered to protest outside the Supreme Court after the announcement. Marches continued in several major cities over the weekend, where both protestors and pro-life activists demonstrated in response to the ruling.

As early as Friday, a number of abortion clinics closed in states such as Utah, where the American Civil Liberties Union and Planned Parenthood filed a lawsuit in an attempt to block the state’s trigger law, which went into effect as soon as the Supreme Court decision became official.

In the for-profit sector, U.S. corporations such as Meta, Amazon, JP Morgan, Disney, Dick’s Sporting Goods, Lyft, Uber, and others reacted to the ruling by pledging to cover expenses for employees seeking abortion services, including the cost of traveling to states where access to abortion care remains legal.

President Biden signs bipartisan gun safety bill into law

One day after the House passed the bipartisan gun reform bill—which the Senate passed 65-33 on Thursday of last week—President Biden signed the bill into law.

The now-ratified law expands background checks for prospective buyers between 18 and 21 years old and creates about $15 billion in new federal funding to invest in school security upgrades and mental health programs.

The law also creates incentives for states to implement “red flag” laws that give law enforcement and other entities the ability to petition a court to remove guns from people deemed to be a threat to themselves or others.

“While this bill doesn’t do everything I want, it does include actions I’ve long called for that are going to save lives,” President Biden said before signing the bill, adding, “I know there’s much more work to do, but this is a monumental day.”

At least 21 dead from unknown causes in South African nightclub

South African police are investigating the deaths of at least 21 individuals in an East London nightclub early Sunday morning who died from causes not yet known at this time.

Local newspaper Daily Dispatch reported that police were called to the scene at the Enyobeni Tavern around 4 am, where they found bodies without any visible injuries strewn across tables and chairs.

According to local authorities, most of the victims inside the tavern were minors and under the age of 21, though one thirteen-year-old was among the deceased.

“At this point we cannot confirm the cause of death," health department spokesperson Siyanda Manana said while speaking to reporters. Manana added that toxicology reports would be included when they “conduct autopsies as soon as possible to establish the probable cause of death."

Around the Globe

  • To fight inflation, French lawmakers are drafting a bill that will raise some forms of government assistance by 4% to increase the buying power of families in the country; the bill will cost 8 billion euros ($8.4 billion)
  • President Biden announced that all Group of Seven (G7) nations will ban Russian gold imports as leaders met in Munich for the latest summit
  • World Health Organization determines that the monkeypox virus outbreak does not constitute an international public health emergency at this time

On the Homefront

  • The FBI recovered Brian Laundrie’s notebook in a Florida swamp, which appears to contain admissions to killing Gabby Petito as well as himself
  • Over 1,000 flights within the United States were canceled over the weekend, according to data from FlightAware
  • Justice Clarence Thomas wrote in a concurring opinion released Friday that the Supreme Court “should reconsider” its past rulings which federally legalized rights to contraception access, same-sex relationships, and same-sex marriage

Glitz and Games

  • The Colorado Avalanche won the Stanley Cup Finals after beating the Tampa Bay Lightning in Game 6 of the series; it is the team's first championship since 2001
  • Paramount’s Top Gun: Maverick passes $1 billion in total global box office revenue; it is Tom Cruise’s first film to pass the threshold and the 50th movie ever to do so
  • Paul McCartney, Billie Eilish, Kendrick Lamar, Olivia Rodrigo, and other artists performed this weekend at the first Glastonbury Festival since 2019

Money Moves

  • Major indexes in the stock market rebounded to end Friday’s trading session higher (Dow +2.68%, Nasdaq +3.34%, S&P 500 +3.06%)
  • Stock futures fell last night after major averages posted their first positive trading week since May
  • Hedge-fund firm Citadel is relocating its corporate headquarters from Chicago to Miami, per a letter to employees sent by CEO Ken Griffin

Tip & Tricks

  • Binge Watch: Go watch Austin Butler become “the King” in the Elvis biopic that came out this past weekend
  • Kick Back: Check out these seven outdoor fireplaces to give your backyard some extra vibes this summer
  • Look Out: Learn more about how to identify cryptocurrency scams–and how to keep from falling for them
  • Go Deep: Read about Anna Weyant, the 27-year-old painter disrupting the art world whose paintings now sell for millions at auction
  • Say What: “I go to him for advice to this day. He inspires so many of my choices, so many of my life choices. My wife choices," Kanye West said at last night’s BET Awards when honoring Sean “Diddy” Combs with the Lifetime Achievement Award
  • Hot Goss: Former NYC Mayor Rudy Giuliani was slapped by a ShopRite employee while campaigning for his son in Staten Island
  • Life Hack: Try saying “thank you” instead of apologizing for actions or circumstances that don't require an apology

Question of the day

What do you do to get rid of stress? Let us in on the secret here:


Looking Back…

On June 27th, 1871, the yen was adopted as Japan's official monetary unit when the government suspended the exchange of clan notes, money issued by feudal lords that had circulated since the 16th century.

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