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Trains, planes and trucks are getting back on course after months of coronavirus inertia, and that’s a good sign for the economy as a whole.
New research suggests the cognitive effects of marijuana use, though significant, may not persist for very long in young people. Here’s what else you need to know to Get Up to Speed and Out the Door. (You can also get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.)
1. George Floyd case
Federal officials are concerned that more package bombs – like the ones sent to prominent Democrats and CNN’s New York offices – are still lurking out there. They’re specifically trying to track down a package addressed to former Vice President Joe Biden and considered suspicious because of similarities to other packages. The mailings of the pipe bombs, just two weeks before the midterm elections, sent shock waves through the nation. Thankfully, none detonated, and no one was hurt.
A motive in all this is not clear, but all the recipients – Barack and Michelle Obama, Bill and Hillary Clinton, George Soros, Maxine Waters, John Brennan, Debbie Wasserman Schultz and Eric Holder – are targets of right-wing critics and President Trump. CNN’s newsroom in New York was evacuated when a package addressed to Brennan turned up in a mailroom. CNN anchors kept reporting from the sidewalk in front of Time Warner Center, while other staffers turned nearby hotel lobbies and restaurants into temporary work spaces.
The President talked of the need for the nation to stay united, saying that “threats or acts of political violence have no place” in the US. Then, he turned around and continued his attacks on the media during a rally in Wisconsin. CNN’s Stephen Collinson says the President squandered a chance to lead. CNN’s Anderson Cooper, last night on “AC360,” said: “We are not afraid.”
2. Protest response
Chinese and Russian spies are listening in on President Trump’s calls made on iPhones. This startling claim comes from The New York Times, which says frustrated officials were raising an alarm about the President’s refusal to stop making calls on unsecured phones. White House officials told The Times they “can only hope he refrains from discussing classified information when he is on them.” China is using info from the calls to help develop strategy in its trade war with the US, the officials told The Times. It’s less clear what the Russians are doing with their intel. Don’t forget that Trump, during the 2016 presidential campaign, harshly criticized Hillary Clinton over her use of a private, unsecured email server, saying it could have exposed classified information.
Asian stocks fell sharply overnight, as the fallout from the big drop in the Dow continued. The US stock market plummeted more than 600 points yesterday, wiping out all its gains for the year. The Nasdaq, weighed down by poorly performing tech stocks, plunged more than 4%, its worst daily drop since 2011. It’s officially in correction territory. Tech stocks took a nosedive after disappointing results from Texas Instruments and AT&T, CNN’s parent company. European markets also opened lower this morning, but the declines w