Americans grappling with historic levels of inflation are finally getting some
relief at the gas pump. For the first time since March, the national average price for regular gasoline dropped below $4 a gallon today,
according to AAA. This comes after gas prices hit a record high of $5.02 in June, largely due to soaring global oil prices in the wake of Russia’s invasion of Ukraine. The steady decline in gas prices has been driven by multiple factors, including recession fears that have knocked down oil prices and the fact that some people
cut back on driving when gas prices spiked above $5 a gallon. Despite the decrease, gas prices still remain 25% higher than this time last year.
2. Trump
Former President Donald Trump invoked his Fifth Amendment rights and
declined to answer questions from the New York attorney general at a scheduled deposition on Wednesday. Trump was to be deposed by lawyers from New York Attorney General Letitia James’ office as part of a more than 3-year civil investigation into the Trump Organization’s finances. The scheduled deposition comes during an extraordinary legal week for Trump. On Monday, the FBI executed a
search warrant at Mar-a-Lago, his primary residence in Florida, in connection with an investigation into the handling of classified documents. And on Tuesday, a federal appeals court
ruled against his efforts to block a House committee from obtaining his tax returns.
3. Indiana explosion
Three people died and 39 homes were damaged on Wednesday after a
massive house explosion in Evansville, Indiana. Eleven of those 39 homes were left uninhabitable, Fire Department Chief Mike Connelly said, adding there could be additional victims upon the completion of their search. An investigation of the incident and what caused the explosion is underway.
Photos from the scene showed damaged homes and piles of debris. A structural collapse team was called in to survey buildings and to make sure that all gas and electric circuits “had integrity,” the chief said. Evansville is about 3 hours southwest of Indianapolis.
4. Taxes
Treasury Secretary Janet Yellen on Wednesday
directed the Internal Revenue Service not to use any of the new funding allocated in the Democrats’ new health care and climate bill to increase the number of audits of Americans making less than $400,000 a year, according to a copy of the letter obtained exclusively by CNN. The letter to IRS Commissioner Charles Rettig comes amid attacks from Republicans that the
$80 billion the Inflation Reduction Act would give to the IRS over the next 10 years would result in more middle-class Americans and small businesses getting audited. The Biden administration, however, has repeatedly said the IRS would focus on increased enforcement activity on high-wealth taxpayers and large corporations.
5.North Korea
North Korean leader Kim Jong Un has
declared victory against Covid-19 and ordered a lifting of maximum anti-epidemic measures that were imposed in May, state media said today. North Korea has not revealed how many confirmed infections of the virus it has found, but has not reported any new suspected cases since July 29. The World Health Organization has
cast doubt on North Korea’s claims, saying last month it believed the situation was getting worse, not better, amid an absence of independent data. Analysts say the victory declaration by the
authoritarian North could be a prelude to restoring trade hampered by border lockdowns and other restrictions. Observers have also said it may clear the way for North Korea to conduct a nuclear weapon test for the first time since 2017.
BREAKFAST BROWSE
Police catch wild turkey ‘breaking and entering’ into an apartment
Well, the fall season isn’t that far away… maybe this turkey was plotting a clever Thanksgiving escape.
Watch the video here.
Coke’s latest bizarre flavor is here
Before this latest odd flavor, Coca-Cola rolled out Starlight (space-flavored) and Byte (pixel-flavored). This
latest one is equally unique.
Disney+ is getting more expensive… unless you want ads
And it’s not the only streaming service that’s
going up in price.
Domino’s tried to sell pizza to Italians. It failed.
The American pizza giant made a very bold attempt to win over locals in Italy. The stores are now
closing their doors after struggling with sales.
New image of colliding galaxies previews the fate of the Milky Way
Millions of years from now, these two entangled galaxies will eventually merge into one. Check out the
stunning telescope image here.
TODAY’S NUMBER
$856 million
That’s the amount in subsidies Elon Musk’s SpaceX was slated to receive from the Federal Communications Commission —
but that will no longer happen. The FCC had earmarked the funds for SpaceX’s Starlink internet service to provide internet access
to people across rural America. But federal regulators on Wednesday said they will no longer fund the venture, citing the fact that the satellite-based service is “still developing technology” and the company “failed to demonstrate that [it] could deliver the promised service.”
TODAY’S QUOTE
“They poured salt in an unhealable wound.”
— Luis Li, an attorney representing Vanessa Bryant, in court on Wednesday saying that photos from Kobe Bryant’s helicopter crash were shared with dozens of Los Angeles County employees. Vanessa Bryant’s federal lawsuit against LA County claims that sheriff’s deputies captured
photos of the victims’ remains, including those of her daughter and husband, and shared them in settings irrelevant to the investigation, including at a bar and an awards gala. Vanessa Bryant, who was in the courthouse, wiped away tears as her attorney described the way sheriff’s deputies captured and shared the photos.
TODAY’S WEATHER
AND FINALLY
This is Paris… in China
Did you know that the city of Tianducheng, China, was designed to be a replica of Paris? Watch this video for a quick tour. (
Click here to view)