August 12 2017 news
Here are some of the top news stories from August 12, 2017:
Politics
- The White House announced that President Donald Trump would be making a speech on Afghanistan, where he would outline his strategy for the war-torn country. (Source: CNN)
- The Senate voted to move forward with a bill to repeal and replace the Affordable Care Act, also known as Obamacare. (Source: The New York Times)
- The House of Representatives passed a bill to increase the national debt limit, avoiding a potential default on the national debt. (Source: The Washington Post)
Business
- The Dow Jones Industrial Average closed above 22,000 for the first time, reaching a record high of 22,016. The S&P 500 also reached a record high. (Source: CNBC)
- Amazon announced that it would be acquiring Whole Foods Market for $13.7 billion, marking a major expansion into the grocery market. (Source: The Wall Street Journal)
- The Federal Reserve raised interest rates for the second time in 2017, citing a strong economy and low unemployment. (Source: Bloomberg)
World
- A magnitude 8.0 earthquake struck the island of Sulawesi in Indonesia, killing at least 12 people and injuring hundreds more. (Source: The Guardian)
- The United Nations Security Council voted to impose new sanctions on North Korea in response to its recent nuclear tests. (Source: Reuters)
- A group of migrants attempting to reach Europe from Libya were rescued by the Italian coast guard after their boat sank in the Mediterranean. (Source: Al Jazeera)
Sports
- The Cleveland Cavaliers traded Kyrie Irving to the Boston Celtics in a blockbuster deal. (Source: ESPN)
- The Los Angeles Dodgers signed pitcher Yu Darvish to a six-year contract. (Source: The Los Angeles Times)
- The US Women's National Soccer Team won the 2017 SheBelieves Cup, defeating England 1-0 in the final. (Source: Fox Sports)
Entertainment
- The new season of the TV show "Game of Thrones" premiered on HBO, with the first episode titled "Dragonstone". (Source: Entertainment Weekly)
- The movie "Dunkirk" opened in theaters, directed by Christopher Nolan and starring Tom Hardy and Harry Styles. (Source: The Hollywood Reporter)
- The music festival Lollapalooza took place in Grant Park, Chicago, featuring performances by artists such as Lorde and Chance the Rapper. (Source: Billboard)