Michigan Tops in Financial Distress

Hey there scroller🤳

Ready for another day’s headstart with some fresh news?

If your pal sent this to you, then subscribe to stay the most informed person in the room😉

BUSINESS & ECONOMY

🧾 Michigan Tops List of Most Financially Distressed States

WalletHub's recent study, "States with the Most People in Financial Distress," identifies Michigan, Texas, and Nevada as the most financially strained states. Using metrics like credit scores, bankruptcy filings, and debt-related searches, the study reveals significant financial challenges, particularly in the Southeast. 

🔥 Economy Too Strong for September Rate Cut: VantageScore CEO 

Silvio Tavares, CEO of VantageScore, explains that despite McDonald's missing earnings, the economy remains robust. He highlights an average VantageScore of 702 in June, showing consumer stability. Tavares asserts that resilient bank lending means the Federal Reserve is unlikely to cut rates soon, stating, "The economy is still quite hot, and what the Fed doesn't want to do is cut before they absolutely need to."

TOGETHER WITH ADQUICK

Run IRL ads as easily as PPC

AdQuick unlocks the benefits of Out Of Home (OOH) advertising in a way no one else has. Approaching the problem with eyes to performance, created for marketers with the engineering excellence you’ve come to expect for the internet.

Marketers agree OOH is one of the best ways for building brand awareness, reaching new customers, and reinforcing your brand message. It’s just been difficult to scale. But with AdQuick, you can plan, deploy and measure campaigns as easily as digital ads, making them a no-brainer to add to your team’s toolbox.

You can learn more at AdQuick.com

WORLD

⚠️ Iran Warns Israel of Severe Consequences for Lebanon Attack

Iranian President Masoud Pezeshkian warned of "serious consequences" for Israel if it attacks Lebanon, during a call with French President Emmanuel Macron. This follows Israel's accusation against Hezbollah for a rocket attack in the Golan Heights that killed 12 children, which Hezbollah denies. Pezeshkian stated, “Any possible Israeli attack on Lebanon will have serious consequences for Israel.”

🕊️ White House: Israel-Hezbollah War Risk "Exaggerated"

White House spokesperson John Kirby stated the risk of an all-out war between Israel and Hezbollah is "exaggerated." Despite acknowledging Israel's significant response to Hezbollah, the administration aims to contain the situation. Kirby emphasized, “We still believe we have time and space for diplomacy in order to avoid an all-out war. We are going to work hard so that it won't happen.”

SCIENCE & TECH

🚀 NASA Can Call SpaceX to Bring Boeing Astronauts Home After 51 Days on ISS

NASA may ask SpaceX's Crew Dragon to bring home astronauts Suni Williams and Butch Wilmore, stuck on the ISS for 51 days due to issues with Boeing's Starliner. NASA and Boeing are troubleshooting, but SpaceX is ready if needed. Steve Stich of NASA's Commercial Crew Program said, "Obviously, the backup option is to use a different system."

📱 iOS 18.1 Beta Introduces AI Call Recording & Transcription

Apple’s iOS 18.1 developer beta introduces AI-powered call recording and transcription. Users can tap the "record" button on the call screen to log audio and generate transcriptions. A message notifies callers of recording. Transcriptions and recordings appear in the Notes app, along with AI-generated summaries. 

🌟 Instagram Introduces AI Avatars for Users

Meta introduces AI Studio, enabling US Instagram users to create AI versions of themselves and allows creators and business owners to automate interactions with followers, responding to chats and comments on their behalf. AI profiles can be customized to reflect creators' content preferences and are labeled clearly to ensure transparency.

SPORTS & ENTERTAINMENT

🇺🇸 U.S. Women’s Rugby Reaches First Olympic Semifinal with Win Over Great Britain 

The U.S. Women's Rugby team reached their first Olympic semifinal by defeating Great Britain 17-7. In a tightly contested match, Naya Tapper scored a crucial try, and Kristi Kirshe's strong defense helped secure the win. Reflecting on the victory, co-captain Sullivan said, “It is a dream come true.” The team will now compete against New Zealand in the semifinals.

🏅 American Lee Kiefer Wins 2nd Olympic Gold in Foil Fencing

Lee Kiefer clinched her second consecutive Olympic gold in women's foil fencing, triumphing over teammate Lauren Scruggs with a 15-6 victory. Kiefer's win marked a historic moment for the U.S., celebrated with a joyous pirouette. Kiefer dedicated her win to her late coach Buckie Leach stating, "This one's for him."

🎾 Djokovic Defeats Nadal in 2024 Paris Olympics Men's Singles 

Novak Djokovic beat Rafael Nadal 6-1, 6-4 in the 2024 Paris Olympics men's singles at Roland Garros. Djokovic dominated with effective drop shots and exploited Nadal's weakened serve. Despite a brief second-set rally by Nadal, Djokovic remained in control, winning his 31st match against Nadal. Djokovic said, "You can’t give any chances to Nadal; he’s going to use them."

🥇 U.S. Men's Gymnastics Wins First Olympic Medal in 16 Years 

Team USA's men's gymnastics team secured their first Olympic team medal in 16 years, winning bronze at the Paris Olympics. Japan won gold and China silver. The U.S. team, led by Frederick Richard, delivered strong performances, highlighted by Asher Hong and Stephen Nedoroscik.USA Gymnastics celebrated stating, "For the first time since 2008, the U.S. Men are taking home hardware."

OTHER NEWS

🇺🇸 Biden Proposes Supreme Court Reforms

President Biden proposed three Supreme Court reforms to address "increasing threats to America’s democratic institutions." The proposals include a constitutional amendment to limit presidential immunity, term limits for justices, and a mandatory code of conduct. Biden emphasized, “We can and must restore the public’s faith in the Supreme Court.”

🔥 Park Fire Suspect Charged with Felony Arson for Largest US Wildfire

Ronnie Dean Stout II, 42, from Chico, has been charged with felony arson for allegedly starting the Park Fire, the largest wildfire currently burning in the U.S. He was seen pushing a burning car down a gully, which ignited the fire. Stout, with two prior felony convictions, faces a life sentence. District Attorney Mike Ramsey stated, "This act has caused unprecedented destruction and endangerment."

🕵️‍♂️ Trump to Be Interviewed in Assassination Attempt Probe

Former President Donald Trump has agreed to be interviewed by the FBI regarding an attempted assassination during a July campaign rally in Pennsylvania. The investigation focuses on the gunman's research into mass attacks and explosive devices.Trump is expected to be interviewed Thursday. FBI Special Agent Kevin Rojek stated, “We want to get his perspective on what he observed.”

THIS DAY THAT YEAR

On July 30, 1965, President Lyndon B. Johnson signed the Social Security Amendments of 1965, commonly known as the Medicare and Medicaid Act, into law. This landmark legislation created Medicare, a health insurance program for the elderly, and Medicaid, a health insurance program for individuals with limited income.

BRAIN TEASER

I have three feet, but I can’t stand without leaning. I have no arms to hold me up.

Nailed it or stumped? Hit us with a reply and find the correct answer 🎯

Here’s what yesterday’s teaser was:

What grows up while growing down?

The answer is: A goose or duck.

Thanks for scrolling with us! 

Catch up on what you missed by checking out our past issues here. And if you’re in the mood for more bite-sized, 60 words content nuggets? Check out our other daily newsletter.

Marketing Scroll: Get all the Marketing news that truly matters delivered to your inbox in 60-word quick reads, giving you everything in under 3 minutes a day! 

Want to share Daily Scroll with a Pal? Forward this email and invite them to join our community of savvy scroll-ers.

We'd love to hear your feedback on today's issue of Daily Scroll! Simply reply to this email and share your thoughts on how we can improve our content and format. 

Have a great day and see you Tomorrow🕺