For: July 8, 2025
>>Watching Wall Street
(New York, NY) -- The opening bell rings this morning after stocks closed lower Monday on tariff worries. A sell off marked the start the week after President Trump posted letters to Japan and six other countries listing steep new tariffs on imports starting August 1st. At the closing bell, the Dow Jones Industrial Average fell 422 points to 44-406. The S&P 500 lost 49 points to 62-29. The Nasdaq dropped 188 points to 20-412.
>>WH: Trump Sending Out Trade Letters
(Washington, DC) -- The White House confirms President Trump is sending out "take it or leave it" tariff offers to several countries this week. On Monday, Press Secretary Karoline Leavitt showed reporters the letters Trump sent to Japan and Korea. The letters warn the high tariffs imposed by the U.S. are being delayed from July 9th to August 1st unless new trade deals are struck.
>>Tesla Loses $68B In Value As Musk Launches Political Party
(Austin, TX) -- Tesla's stock value is taking a hit after Elon Musk announced he's forming a new political party. The stock fell nearly seven percent Monday, wiping out more than 68-billion dollars in market value. At last check it was still down in pre-market trading.
>>Amazon Prime Big Deal Days Begin Tues
(Seattle, WA) -- Amazon Prime Day starts today. The online retail giant is offering Amazon Prime members thousands of deals from July 8th-to-the-11th on things like laptops, tablets, headphones, and everyday essentials. The annual event brings in billions of dollars in global sales and retailers see an immediate boost in e-commerce activity. Consumer experts warn of "price anchoring" -- where some sellers jack up prices before Prime Day, then offer what appears to be a discount that is actually the product's normal price or even higher.
>>Philly Workers Strike Enters Eighth Day
(Philadelphia, PA) -- Thousands of city workers are entering their eighth day of a strike. Union leaders are expected to meet with the city today but no progress has been made on a new contract. As a result, many city services have been impacted like trash removal and water services. Trash has been piling up throughout the city since the start of the strike.
>>Jack Dorsey Launches Bluetooth Peer-To-Peer Messaging App
(Undated) -- Twitter co-founder Jack Dorsey is launching a new peer-to-peer messaging app that works entirely over Bluetooth. No internet, central servers, phone numbers or emails will be required, and the app enables ephemeral, encrypted communication between nearby devices. According to Dorsey, a beta version of Bitchat is live on TestFlight. Future updates are expected to add WiFi Direct for faster, longer-range communication.
