Former President Donald Trump has chosen Ohio Sen. JD Vance to be his running mate, making the 39-year-old the first millennial to be a part of a major-party ticket. Trump announced this move on his Truth Social network as the Republican National Convention began in Milwaukee, stating that the Senator from Ohio was “best suited to assume the position of Vice President of the United States.” (AP)
Federal Reserve Chair Jerome Powell indicated the Fed’s growing confidence in inflation moving toward the 2% target and expressed readiness to cut rates preemptively. This suggests a potential rate cut in September, with further reductions expected. The move aims to lower borrowing costs for consumers and comes as consumer prices showed a slight decline from May to June. (AP)
A man and his daughter died in Canyonlands National Park, Utah, due to dehydration in extreme heat. Albino Herrera Espinoza, 52, and Beatriz Herrera, 23, from Wisconsin were found on the Syncline Loop Trail. Their bodies were recovered by helicopter the next day. Park visitors are reminded to stay hydrated and avoid strenuous activities during hot days. (NBC News)
Almost 240,000 residents in the Houston area are still without power a week after Hurricane Beryl. CenterPoint, the main utility, aims to restore electricity to 98% of affected residents by Wednesday. However, an investigation into the power failures has been initiated by the Public Utility Commission. About a third of the 700,000 affected residents are still without power. (UPI)
Winston, one of the world’s oldest silverback gorillas at 52 years, has passed away at the San Diego Zoo Safari Park. Euthanized due to declining health, he was known for his gentle nature and was the troop leader at the park since 1984. Winston also survived a case of COVID-19 but had been battling heart problems since 2017. (UPI)
