| We can't see them, but we hear them and feel them–their ringing and vibrating originating from bodiless non-beings in unknown places. And their numbers are growing. They've pierced the shield of the 13-year-old Do Not Call Registry. It's time for new methods of combating robocalls. –Emily Banks |
| | Our Heroes | | | The number of robocalls in the U.S. in July nearly tripled from a year earlier. These calls are the No. 1 consumer complaint received by the U.S. Federal Communications Commission, topping 200,000 a year. Many of the calls are tied to criminal activity as they attempt to extract personal information to steal identities and money. Now, a variety of tools to combat robocalls is gaining traction, and telecom companies and the FCC are taking notice as they try to gain the upper hand. |
| Here are today's top stories... | | Brazil's President Dilma Rousseff was ousted in an impeachment vote. The Senate found her guilty of bypassing Congress to finance government spending, allowing her Vice President Michel Temer to serve out the term until general elections in 2018. The decisions cap a tumultuous period that began after Rousseff's narrow re-election victory in 2014 and exacerbated the worst recession in decades. | | Trump goes to Mexico and Mexicans are mad about it. After about a year's worth of invective–wall, drug-traffickers, etc.–Trump's surprise meeting today with President Enrique Pena Nieto left the country bewildered. "Mexico doesn't want Donald Trump. Mexico never trusted him. We won't let him use our country for his own interests," former Mexican President Vicente Fox said on Twitter. Flyers sprouted around the capital immediately, calling protesters to gather under the title "Trump, you're not welcome." The meeting comes on the same day that Trump is scheduled to deliver an immigration speech in Arizona. | | September could be huge for markets around the world. With a jam-packed calendar–the first presidential debate, a G20 central bank interest rate announcement nearly every other day, and a key meeting among commodity nations around the world–no asset class is immune from potential event risk. Plus, it's typically the worst month for stocks. Vacation's over. | | China's got the world puzzling over its oil hoard. The government has been stockpiling crude for emergencies in a network of storage sites dotted around the country. Record purchases this year have helped oil prices recover from the worst crash in a generation, and what the country plans to do next could determine where prices go from here. The difficulty is that nobody outside China really knows for certain. | | Trump's top fundraiser eyes the deal of a lifetime. Steven Mnuchin had spent his career atop the elite institutions Trump voters despise, and he lacked any political experience. The closest he'd come was making campaign contributions, and those had been mostly to Democrats. Friends who have known Mnuchin for years found it baffling that he's Trump's national finance chairman. One theory: He gets a shot at joining the cabinet of a President Trump. | |
| | Don't Shoot the Messenger | | | Amazon is becoming a kind of e-commerce Walmart with a FedEx attached. It has leased jets and purchased truck trailers, and a company subsidiary in China obtained a freight-forwarding license that analysts say enables it to sell space on container ships traveling between continents. With any other company, an expansion like this would be preposterous. But Amazon's growth has been preposterous. | | |
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