📊 Market Snapshot

• DOW: 🔽 0.30% (38,571.03)

• S&P 500: 🔼 0.11% (5,283.40)

• NASDAQ: 🔼 0.56% (16,828.67)

• BTC: 🔼 2.08% (69,146.30)

• ETH: 🔽 0.15% (3,773.35)

📎 Market Clips

• Turkey’s inflation exceeds 75%, believed to be at its peak according to economists

• U.S. dollar drops to three-week low amid signs of slowing economy

_{*Stock numbers as of market close, cryptocurrency as of 5:50pm EST yesterday. Source for Market Clips.}

First Report

🚗 Toyota Halts Deliveries

Toyota admitted on Monday to improperly obtaining vehicle certifications in Japan, affecting seven models. This misconduct also involves Honda, Mazda, Suzuki, and Yamaha, leading to halted deliveries of the affected cars in Japan. A Toyota spokesperson confirmed that North American vehicles are tested using different processes and standards, meaning deliveries in North America remain unaffected. The issue has sparked a broader investigation by Japan’s transport ministry, which may take administrative action against the automakers involved. 🚘️ 🔎 

TL;DR ⏳: Toyota and other Japanese automakers halt deliveries in Japan due to improper vehicle certifications, with North American models unaffected.

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Second Report

🎈 South Korea to Suspend Military Pact

South Korea announced plans to suspend a 2018 military agreement with North Korea after Pyongyang sent balloons carrying trash across the border. This move will allow South Korea to conduct training near the military border and take immediate measures against North Korea’s provocations. The National Security Council will seek cabinet approval for the suspension, which aims to address the impact of these provocations on military readiness. 🇰🇷 🚨 

TL;DR ⏳: South Korea suspends a 2018 military pact with North Korea over trash balloons, allowing for immediate response measures.

⚡ Quick Hits

1. 🦠 Fauci testifies on the origins of Covid-19

2. ⚖️ Jury selected as Day 1 of Hunter Biden gun trial wraps

3. 🚔 Charges dropped against state trooper who fatally shot Black motorist Ricky Cobb II

4. 📅 Georgia appeals court sets tentative Oct. 4 date to hear Trump appeal of Fani Willis ruling

5. 🌋 Hawaii’s Kilauea volcano erupts in remote part of national park with low “eruptive volume,” officials say

6. 🇮🇱 Four more Israeli hostages have died in Hamas custody

7. 🤝 Netanyahu coalition slides into infighting over ceasefire plan

8. ⚡ Nigeria plunged into darkness as union workers shut down national grid in minimum wage protest

9. 💹 New York Stock Exchange says bizarre glitch that showed Berkshire Hathaway down 99.97% has been resolved

10. 🕶️ Microsoft confirms layoffs in mixed reality but will keep selling HoloLens 2 headsets

Games

Word of the day: “soliloquy” is used to describe a speech in which a character speaks their thoughts aloud, typically alone on stage, revealing their inner feelings, thoughts, or plans to the audience. It is a dramatic device often used in plays, particularly in Shakespearean drama, to provide insight into a character’s mind and to advance the plot by sharing their private contemplations.