The U.S. House will hold its final hearing of the Jan. 6 Capitol riot on primetime television Thursday, delving into the 187 minutes in which former President Donald Trump failed to take action as the building was seized. More than 840 people have been charged with federal crimes related to the Capitol riot so far, and about 100 have been sentenced to terms of imprisonment. The probe ends as Trump continues to hold rallies across the nation for local Republican candidates, although he has not yet declared himself a presidential candidate for 2024.
Extreme heat affected more than 105 million people in 28 states across the U.S. on Wednesday, with temperatures reaching 115 degrees Fahrenheit in Texas and Oklahoma. President Joe Biden announced some modest steps to address climate change as the nation grappled with heat-related illnesses and grass fires, revealing $2.3 billion in part for efficient air conditioners for low-income households and a project for offshore wind energy.
Tesla’s streak of record quarterly profits ended Wednesday when the electric carmaker revealed a decline in quarterly profit due to supply chain disruptions and an extended shutdown at its Shanghai plant. While a scarcity of semiconductors and raw materials slowed overall vehicle sales in June, Americans are still buying electric vehicles at a record pace, undeterred by rising prices and long waits for delivery.
Italy was plunged into political turmoil on Thursday as Italian Prime Minister Mario Draghi resigned after failing to renew an alliance among political partners. The resignation will compound economic challenges for the country, which were already expected to balloon with the European Central Bank’s plans to raise interest rates for the first time in a decade. The increase will likely worsen Italy’s high debt situation.
Nearly a third of Gen Z Americans between the ages of 18 and 25 are living at home, according to a new study. Even in the midst of a strong jobs market, many say they consider living with parents or relatives a permanent housing situation. The percentage of young adults living with parents, grandparents, or older siblings or roommates has nearly tripled since 1971, driven mostly by financing and caregiving needs.
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