Geoff: Today in the latest news, important races are being decided as polls start closing in this off-year election day. The main focus is on the governor’s contests, where two incumbents, Kentucky Democrat Andy Beshear and Mississippi Republican Tate Reeves, are defending their seats. Additionally, Ohio voters are currently deciding whether to include an abortion-rights amendment to the state constitution.
Control of the Virginia legislature is also up for grabs. In another development, the special prosecutor investigating Hunter Biden addressed concerns of political interference in his probe. David Weiss appeared before the House Judiciary Committee, marking the first time a special counsel has done so during an investigation. In his prepared remarks, Weiss denied any political considerations in the decision-making process to address the concerns raised by whistleblowers and some House Republicans regarding the investigation’s pace.
On a different note, French President Macron, German Chancellor Olaf Scholz, and 16 state governors have reached an agreement to control the surge of migrants entering Germany. This decision comes as shelters have reached maximum capacity and asylum applications have increased by 70% compared to last year. Chancellor Scholz, who was under mounting pressure to take action, announced the agreement during a press conference in Berlin, highlighting it as a historic moment of close cooperation among all levels of the state. Geoff: Turning to Bangladesh, the country has decided to raise the minimum wage for garment workers to $113 per month.
As the second largest garment producer in the world, this decision follows weeks of protests and clashes with the police, resulting in the death of two workers and injuries to many others. However, some workers’ groups argue that the increase is insufficient. In other news, office sharing company WeWork has filed for Chapter 11 bankruptcy protection. Once valued at $47 billion, the company faced significant challenges throughout the pandemic, with numerous corporate clients canceling leases as employees transitioned to remote work. Moving to the financial sector, stocks on Wall Street experienced slight gains.
The Dow Jones Industrial Average closed at 34,152, while the NASDAQ rose by 121 points and the S&P 500 gained 12. Looking ahead, we have an upcoming conversation with Robert F.
Kennedy, Jr. regarding his presidential bid.
We also delve into what a potential second term for President Trump would entail, along with the adjustments universities are making to their admissions policies, including one Kentucky school offering free tuition..