Good morning and welcome to your weekday morning roundup of the top stories you need to know.
For more daily and weekly briefings, sign up for our newsletters here.
What’s going on today:
- Back on the up and up. S&P 500 and Nasdaq futures hover near record highs after Joe Biden strikes $1 trillion infrastructure deal, while oil prices rise. President Joe Biden’s deal, which would see more than $1 trillion spent on infrastructure, boosted US and global stocks.
- Florida building collapse disaster continues. Biden approved an emergency declaration in Florida, allowing FEMA to coordinate disaster relief for the Miami building collapse. Nearly 100 people are still unaccounted for after the Florida condo collapsed in the wee hours of Thursday.
- No law license – but at least he’s got a friend. Trump issued a statement calling Giuliani a “great American patriot” and the “Eliot Ness” of his generation following his New York law license suspension. The suspension was issued after Giuliani made “demonstrably false and misleading statements” about the 2020 election.
- Trump wanted to get violent with Black Lives Matter protesters. Trump told top military officials he wanted to “beat the f—” out of protesters and “crack their skulls,” new book claims. According to “Frankly We Did Win This Election: The Inside Story of How Trump Lost,” Joint Chiefs Chairman Gen. Mark Milley frequently found himself as a lone voice of resistance during heated discussions in the Oval Office as Trump’s rhetoric escalated in response to the eruption of civil unrest in 2020
- Giuliani’s son Andrew then came to his dad’s defense from, you guessed it, a parking lot. Andrew Giuliani took a note from his dad’s playbook and gave a prepared statement from a parking lot to defend Rudy. Posed between two parked SUVs, Giuliani defended his father following the news of Rudy Giuliani’s New York law license suspension.
- It’s a post-SPAC BuzzFeed world. BuzzFeed CEO Jonah Peretti shares where he’ll look for deals next after going public and acquiring Complex Networks. Live events and education businesses are apparently on the horizon.
Cruises hit again by COVID. 2 passengers tested positive for COVID-19 on a ‘fully vaccinated’ Royal Caribbean cruise. All crew and passengers over 16 years old aboard the ship are vaccinated but the two COVID-19-positive guests are under 16 years old and unvaccinated.
That’s all for now. See you Monday