Podcast Summary
Democratic party concerns, White House crises: Some Democrats express worry about Biden's campaign impacting their efforts to win Congress seats, while the White House faces multiple crises including hurricanes and heatwaves, which could result in fatalities and significant challenges.
President Biden is facing pressure from within his own party as concerns about his performance continue to mount, with some Democrats expressing worry about the impact his campaign could have on their efforts to win seats in Congress. Meanwhile, the nation is dealing with multiple crises, including Hurricane Barrel in the Caribbean and a potentially historic heatwave on the West Coast, which is expected to bring dangerous temperatures and could result in heat-related fatalities. Illinois Congressman Mike Quigley urged Biden to consider the broader implications of his campaign, while Texas Congressman Lloyd Doggett became the first Democrat to publicly call for him to withdraw. The coming weeks could bring significant challenges for both the White House and the country.
Stock Market & Gas Prices: The stock market saw a slight increase while the Dow Jones industrial average gained, but Fed Chairman Powell's vague comments on interest rate cuts and Tesla's decreased electric vehicle sales weighed on investor sentiment. Gasoline prices averaged $3.51 per gallon for the holiday, higher than last week but lower than the same time last year.
The stock market had a modest start to the day on Wall Street before the Fourth of July holiday, with the Dow Jones industrial average seeing a slight increase. Fed Chairman Jerome Powell expressed optimism about cooling inflation but remained vague about potential interest rate cuts. Tesla reported a nearly 5% decrease in electric vehicle sales from the previous year. The average price of gasoline for the holiday is $3.51 per gallon, slightly higher than last week but lower than the same time last year. Additionally, a Body Electric Study last year involving over 20,000 people showed significant improvements in changing sedentary lifestyles, and now individuals can participate in NPR's Body Electric Challenge through podcasts.