On this day:
216 BC
Second Punic War: Battle of Cannae – The Carthaginian army led by Hannibal defeats a numerically superior Roman army under command of consuls Lucius Aemilius Paullus and Gaius Terentius Varro.
338 BC
A Macedonian army led by Philip II defeated the combined forces of Athens and Thebes in the Battle of Chaeronea, securing Macedonian hegemony in Greece and the Aegean.
1776
The signing of the United States Declaration of Independence took place.
Second Punic War: Battle of Cannae – The Carthaginian army led by Hannibal defeats a numerically superior Roman army under command of consuls Lucius Aemilius Paullus and Gaius Terentius Varro.
338 BC
A Macedonian army led by Philip II defeated the combined forces of Athens and Thebes in the Battle of Chaeronea, securing Macedonian hegemony in Greece and the Aegean.
1776
The signing of the United States Declaration of Independence took place.
Although the Second Continental Congress declared its intention for independence on July 2, 1776, no one signed the Declaration of Independence that day. Congress did sign the Lee Resolution, named after Virginian Richard Henry Lee, on July 2. This resolution had three parts: separating from the British Crown, a call to form foreign alliances, and a plan for confederation. Congress officially adopted the Declaration of Independence two days later, on July 4, 1776, and the call for freedom was announced at Independence Hall with the Liberty Bell. Americans celebrated as news spread throughout the newly independent states. Although independence had been declared, delegates of the Continental Congress had not yet signed the document. On August 2, 1776, when most delegates signed the Declaration, it became official.
1798
French Revolutionary Wars: the Battle of the Nile concludes in a British victory.
1869
Japan’s samurai, farmer, artisan, merchant class system (Shinōkōshō) is abolished as part of the Meiji Restoration reforms.
1934
Gleichschaltung: Adolf Hitler becomes Führer of Germany.
1939
Albert Einstein and Leó Szilárd write a letter to Franklin D. Roosevelt, urging him to begin the Manhattan project to develop a nuclear weapon.
1945
World War II: the Potsdam Conference, at which the Allied Powers discuss the future of defeated Germany, is concluded.
1964
Vietnam War: Gulf of Tonkin incident – North Vietnamese gunboats allegedly fire on the U.S. destroyers USS Maddox and USS Turner Joy.
1990
Iraq invades Kuwait, eventually leading to the Gulf War.
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A man and a woman were shot about 4:30 p.m. near the corner of Ninth Street and Penn Avenue.
1798
French Revolutionary Wars: the Battle of the Nile concludes in a British victory.
1869
Japan’s samurai, farmer, artisan, merchant class system (Shinōkōshō) is abolished as part of the Meiji Restoration reforms.
1934
Gleichschaltung: Adolf Hitler becomes Führer of Germany.
1939
Albert Einstein and Leó Szilárd write a letter to Franklin D. Roosevelt, urging him to begin the Manhattan project to develop a nuclear weapon.
1945
World War II: the Potsdam Conference, at which the Allied Powers discuss the future of defeated Germany, is concluded.
1964
Vietnam War: Gulf of Tonkin incident – North Vietnamese gunboats allegedly fire on the U.S. destroyers USS Maddox and USS Turner Joy.
1990
Iraq invades Kuwait, eventually leading to the Gulf War.
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A man and a woman were shot about 4:30 p.m. near the corner of Ninth Street and Penn Avenue.
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Krugman on the job numbers: "One thing is clear: The previously reported good numbers were proof of Trump’s brilliance. Now that they’ve been revised away, the bad numbers are clearly Biden’s fault, or maybe Jerome Powell’s, or Barack Obama’s."
Krugman on the job numbers: "One thing is clear: The previously reported good numbers were proof of Trump’s brilliance. Now that they’ve been revised away, the bad numbers are clearly Biden’s fault, or maybe Jerome Powell’s, or Barack Obama’s."
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In Chinese, the word for "country " and "state" is the same word.
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In Chinese, the word for "country " and "state" is the same word.
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SatStats
More than 13% of American Eagle shares available for trading are sold short, according to FactSet data.
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The number of foreign citizens as a share of the total population in Sweden increased steadily from 2010 to 2023. While 1.8 million foreign inhabitants lived in the country in 2010, the number had increased to 2.87 million in 2023. Over the same period, the number of Swedish inhabitants increased from 7.62 million to 7.69 million. Syrians made up the largest group of foreign-born citizens in the Nordic country that year.
Read that again.
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Florida has surpassed New York in population.
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Since the early 1980s, the divorce rate has fallen by almost 40 percent—and about half of that decline has happened in just the past 15 years.
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New York’s Medicaid spending per capita was 112 percent higher than Florida’s in 2000. It was 208 percent higher last year.
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The share of children raised in an intact married family for the duration of their childhood has climbed from a low point of 52 percent in 2014 to 54 percent in 2024.
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The U.S. office vacancy rate in the second quarter was 20.7%, an all-time high.
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Nonmarital childbearing, after almost half a century of increase, stalled out in 2009 at 41 percent, ticking down to about 40 percent a few years later, where it has remained.
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Meta's planned capital spending as a percentage of forecasted revenue this year is 38%, up from 16% in 2021. Google's capital spending should be about $85 billion this year, up from a previous $75 billion target. Microsoft expects its capital bill to total about $87 billion for the June-end fiscal year. Most of this is AI investment.
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The Pittsburgh police bureau employs 755 sworn officers — its fewest since 2005. A total of just 269 officers now work patrol beats in the city’s six police zones. The police bureau has sunk below the national average of officers per 1,000 residents, with 2.52 officers for every 1,000 residents, based on a population of about 300,000. The 2024 U.S. average was 3.59, according to FBI data.
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Florida has surpassed New York in population.
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IShowSpeed, aka Speed, aka 20-year-old Darren Watkins Jr from Cincinnati, is a world-famous YouTube streamer who’s just wrapped up a European tour, generating 2.5 billion views.
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In 2024, Gaza was the single largest recipient of international humanitarian funds in the world, receiving around $3.3 billion. That accounts for 9% of all global donations reported by U.N. organizations, and it is seven times more per capita than Sudan and 17 times more per capita than Yemen, the second and third-largest recipients of aid.
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New York’s spending per capita was 30 percent higher than Florida’s in 2000. It was 133 percent higher last year.
Singapore owns 5% of Michigan's Upper Peninsula.
IShowSpeed, aka Speed, aka 20-year-old Darren Watkins Jr from Cincinnati, is a world-famous YouTube streamer who’s just wrapped up a European tour, generating 2.5 billion views.
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In 2024, Gaza was the single largest recipient of international humanitarian funds in the world, receiving around $3.3 billion. That accounts for 9% of all global donations reported by U.N. organizations, and it is seven times more per capita than Sudan and 17 times more per capita than Yemen, the second and third-largest recipients of aid.
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New York’s spending per capita was 30 percent higher than Florida’s in 2000. It was 133 percent higher last year.
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Since the early 1980s, the divorce rate has fallen by almost 40 percent—and about half of that decline has happened in just the past 15 years.
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New York’s Medicaid spending per capita was 112 percent higher than Florida’s in 2000. It was 208 percent higher last year.
The share of children raised in an intact married family for the duration of their childhood has climbed from a low point of 52 percent in 2014 to 54 percent in 2024.
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The Executive branch of the U.S. employs 20,000 lawyers.
Argentina’s economy is growing at 7.7 percent, according to the latest year-over-year data.
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The U.S. office vacancy rate in the second quarter was 20.7%, an all-time high.
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Nonmarital childbearing, after almost half a century of increase, stalled out in 2009 at 41 percent, ticking down to about 40 percent a few years later, where it has remained.
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Meta's planned capital spending as a percentage of forecasted revenue this year is 38%, up from 16% in 2021. Google's capital spending should be about $85 billion this year, up from a previous $75 billion target. Microsoft expects its capital bill to total about $87 billion for the June-end fiscal year. Most of this is AI investment.
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Florida has not expanded Medicaid under Obamacare, while New York has expanded it more aggressively than any other state. For perspective, in 2024 New York spent nearly as much per capita on Medicaid ($4,551) as Florida did for its entire state budget ($5,076). Remember, Florida is bigger than N.Y.
The Pittsburgh police bureau employs 755 sworn officers — its fewest since 2005. A total of just 269 officers now work patrol beats in the city’s six police zones. The police bureau has sunk below the national average of officers per 1,000 residents, with 2.52 officers for every 1,000 residents, based on a population of about 300,000. The 2024 U.S. average was 3.59, according to FBI data.
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