Is LeBron Retiring?

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What’s Hot. Canada will print health warnings directly on individual cigarettes in an effort to lower tobacco use. Labels will feature Bold messages like "Poison in every puff,", in black at the butt of each cigarette. The regulation goes into effect on August 1, and warnings will appear on king-sized cigarettes by April 2024 & regular-sized ones by April 2025. Health Canada also plans stronger health warnings covering 75% of the packaging. The goal is to reduce smoking rates to under 5% by 2035.

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💼 House Clears Debt Ceiling Bill, Averting Potential U.S. Default

US House, led by Republican Speaker Kevin McCarthy, passed a bill to raise the debt ceiling in a 314-117 bipartisan vote. Bill now moves to the Senate. McCarthy stated, "Tonight, we might come together to do something very big for this country." Facing both support & opposition, the debt ceiling is suspended until after the next presidential election & imposes new social safety net requirements. Schumer emphasized the urgent need for its approval, stating, "We have no margin for error."

📉 U.S. Economy Stagnant, Future Outlook Dims: Fed Survey

US economic activity has stalled with job growth and inflation slowing, and future business prospects appearing slightly worse than before, as per the latest Federal Reserve "Beige Book" report. It highlighted that labor markets cooled down, hiring paused, and inflation slowed down moderately. However, the Fed optimistically stated, "Contacts still largely expected a further expansion in activity". Amidst these trends, Fed policymakers are in no rush for further policy tightening.

🌍 UN Proposes Win-Win Solution to Salvage Black Sea Grain Deal

UN has proposed the initiation of preparatory work for Russian ammonia transit through Ukraine to salvage the Black Sea grain export deal, with simultaneous talks on extending the deal to more Ukrainian ports. Ukraine and Turkey have accepted the proposal, with no response yet from Russia. This move could address the global food crisis exacerbated by Russia's invasion of Ukraine. Ukrainian President Volodymyr Zelenskiy underscored the grave risks posed by Russia's blockage of navigation

🛰️ North Korea Pledges Spy Satellite Launch Following Previous Failure

After North Korea's failed satellite launch, Kim Yo Jong, leade2, vowed to successfully orbit a military spy satellite soon and enhance military surveillance capabilities. She dismissed international condemnations asserting, "It is certain that (North Korea's) military reconnaissance satellite will be correctly put on space orbit in the near future and start its mission." South Korea is investigating launch debris, while the timing for North Korea's retry remains uncertain.

🛸 NASA Reveals Early Insights into Unidentified Aerial Phenomena Study

NASA's team of 16 experts is investigating unidentified flying objects (UAP) to establish potential risks and distinguish fact from fiction. Led by astrophysicist David Spergel, the team will release a report by July. Dan Evans highlighted NASA's commitment to "investigate these with the scientific scrutiny that NASA is well known for," emphasizing the need for high-quality data and global monitoring efforts.

🇨🇳 Chinese Tech Titans Seek International Expansion Amid Rising U.S. Tensions

Escalating US-China tensions are prompting Chinese tech entrepreneurs to "de-China", seeking residency abroad to avoid US restrictions. Shenzhen-based startup owner Ryan says it's "very unfair", feeling sandwiched amidst the trade spats. He, alongside others, are exploring options like Hong Kong, Canada, Japan, Singapore, and the US. Despite complexities, expansion into the US remains their goal. "Everything changed during the pandemic", says Wilson, emphasizing an easier business environment for all stakeholders, outside China.

🎬 Danny Masterson Convicted on Two Rape Charges

Actor Danny Masterson, of 'That '70s Show' fame, was found guilty of two out of three rape charges by an LA jury, with a potential sentence of up to 30 years. Three ex-Scientologist women accused him of sexual assault from 2001-03. A survivor stated: "I am experiencing a complex array of emotions... knowing that my abuser, Danny Masterson, will face accountability for his criminal behavior." The Church of Scientology's alleged cover-up of the assaults was a controversial feature of the trial.

🏀 LeBron James Contemplates Retirement After Current Season

After a disappointing playoff exit, LeBron James, 38, has hinted at possible retirement in his offseason. The LA Lakers' star told ESPN, "Going forward with the game of basketball, I've got a lot to think about," and added he would consider whether he wants to continue playing. Despite battling a foot injury, James maintains confidence in his abilities, asserting, "Because I'm still better than 90% of the NBA. Maybe 95%."

📰 Meta May Censor News in California Over Journalism Proposal

Meta is threatening to pull news content from Facebook and Instagram in California if the state passes the Journalism Preservation Act, which would require tech giants to pay for news content. Meta called the bill a "slush fund" benefiting large media companies. However, state Assembly woman Buffy Wicks, sponsor of the bill, dismissed Meta's threat as a "scare tactic", emphasizing the importance of the proposed regulation.

🗂️ Trump Caught on Tape Discussing Kept Classified Document Post-Presidency

Trump acknowledged retaining a classified Pentagon document post-presidency, contradicting his claim that he declassified everything, according to an audio recording obtained by federal prosecutors. The tape, a key piece of evidence in an investigation led by Special Counsel Jack Smith, captured Trump discussing the document at a 2021 meeting. The revelation could potentially increase Trump's legal exposure as he embarks on a third bid for the White House. Trump has denied any wrongdoing, calling the investigation "meritless".

🎓 Senate to Vote on Reversal of Biden's Student Loan Forgiveness Plan

US Senate will vote on a resolution to repeal President Biden's student loan forgiveness plan, which is already challenged in the Supreme Court. Biden's plan aims to forgive up to $20k in student loans for those earning under $125k. Critics, including GOP lawmakers, denounce the plan as unfair & irresponsible, while supporters argue revoking the relief could force borrowers to backpay. "This resolution...would deprive more than 40 million hard-working Americans of much-needed student debt relief," the White House warns.

On June 1, 1937, Memphis, Tennessee welcomed a baby boy named Morgan Freeman. Years later, he'd be the iconic actor narrating our life stories. 85 years of magic and charisma. Let's raise a toast to his soothing baritone! Happy birthday, Morgan!

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