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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day, the U.S. officially adopted the term “dollar” to describe its currency. In what year did this happen?
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Over the weekend, officials recovered the bodies of more people who lost their lives to the building collapse in Surfside, Florida.
The total death toll has officially reached 28 people, according to authorities.
And first responders continued searching for more than 100 missing residents after the remainder of the building was demolished late Sunday. The Florida governor said that the state is expected to foot the bill for the demolition costs. The decision to tear down the rest of the condominium came as Elsa quickly approached the state of Florida.
“We are on day 12 and obviously, the longer we go, the harder it is [to find survivors],” said the mayor of Miami-Dade County.
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Stock market trading was cut short by the July 4th holiday this week, and futures were relatively muted just before trading opened this morning. Each of the three major benchmarks logged new records as of Friday’s close, and ended the week in the green on the back of a better-than-anticipated June employment report.
The price of oil skyrocketed on Tuesday, with the West Texas Intermediate crude benchmark surpassing nearly $77 a barrel.
Meanwhile, China’s ride-hailing company, Didi Chuxing, dropped nearly 25% early this morning before it recovered some of its losses. The news that China would review the app, as part of a crackdown on big tech, hindered trading early Tuesday.
And well over 1,000 companies were impacted by the REvil ransomware attack. The group, associated with Russia, is asking for $70 million to restore the machines to normal.
Finally, the CEO of Amazon has handed the reins of his company to Andy Jassy, as he prepares for his trip to space later this month.
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