Cover: President Lyndon B. Johnson at the University of California, Irvine’s groundbreaking ceremony in June 1964
Welcome to America’s Newsletter from Tag The Flag, the best morning newsletter on the internet, bringing you nonpartisan news and every view of the Red, White, and Blue. Here’s what you need to know to start your day.
📌 BULLETIN BOARD
In case you missed it: we have our eyes on “The Altitude”. Scroll to the bottom…
🦅 U.S. NEWS
U.S. to Deny Green Cards to Legal Immigrants Who Use Public Aid
Legal immigrants could be ineligible for green cards if they use or are deemed likely to rely on social programs such as Medicaid or food stamps under a rule released by the Trump administration on Monday. Why it matters: the rule, issued by the Department of Homeland Security, is one of the most sweeping elements of the Trump administration’s immigration policy. Critics of the regulation warned that it punishes poor immigrants and could result in widespread confusion in immigrant communities. What’s next: Expect the ruling to be challenged in court. WSJ / BBC
College is Great in the Golden State: Best US colleges for the value
The University of California-Irvine has unseated Princeton University as the best college in America for the value, according to Money magazine. Why? The magazine cites the university’s high graduation rate, its affordable tuition, and post-graduation salaries and outcomes. For the annual analysis, Money weighed 26 measures, including tuition fees, family borrowing, graduation rates, and career earnings, to find the colleges that successfully combine quality and affordability. Money’s top-five colleges are: University of California-Irvine, CUNY Bernard M. Baruch College (New York), Princeton University (New Jersey), University of California-Los Angeles, University of California-Davis. See the rest of the list. – Money
Target practice: inflation in America
Last month the Federal Reserve cut its benchmark interest rate for the first time in more than a decade. Why? For a slew of reasons, but a big one is that inflation has been oddly slow, persistently below the Fed’s target of 2%. Today the Labor Department will release its latest inflation data. Economists expect that core inflation, which excludes volatile food and energy prices, rose 0.2% in July and 2.1% on the year. Here’s the thing: even a strong inflation number today might be insufficient to quell the Fed’s concerns. Tariffs on consumer goods are probably pushing up inflation, but their effects should be transitory. Why it matters: If inflation falters today, it is likely that some Fed officials will push for further rate cuts. – The Economist
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🌎 WORLD NEWS
Hong Kong International Airport cancels all flights, China compares protest to ‘terrorism’
Hong Kong International Airport — one of the busiest such facilities in the world — canceled all flights Monday after a swarm of pro-democracy demonstrators occupied the main terminal. About 150 departing flights at Hong Kong International Airport were canceled and some arrivals were also impacted by the massive protest. The protestprompted a quick response from Beijing and Communist Party leader Xi Jinping’s administration. Officials said the situation in Hong Kong was “beginning to show the sprouts of terrorism” and constituted an “existential threat” to the population. – NY Daily News
South Korea retaliates against Japan in diplomatic rift
South Korea retaliated against Japan on Monday in a diplomatic and trade dispute between the two key American allies, deciding to remove its neighbor from its list of countries entitled to preferential treatment in trade. Context: South Korea’s tit-for-tat action had been expectedsince Japan took a similar action against South Korea on Aug. 2. Still, the move provided Washington with fresh evidence that neither South Korea nor Japan would back down anytime soon, even though President Trump has urged them both to “sit down and get along with each other.” – New York Times
Indian authorities lock down Kashmir’s major city on Eid holiday
Indian security forces kept disputed Kashmir’s biggest city of Srinagar largely locked down on Monday, the Muslim festival of Eid al-Adha, to prevent any major protests against a decision that scrapped the Himalayan region’s special rights. Background: The long-troubled region, disputed between India and Pakistan, has been under a tight military clampdown for more than week after the Indian government stripped the state, called Jammu and Kashmir, of the semi-autonomy it enjoyed for decades as Hindu-majority India’s only Muslim majority state. – Reuters
CBS, Viacom in Final Stages of Deal Talks
CBS and Viacom are in the final stages of negotiating a deal that would reunite mogul Sumner Redstone’s media empire in the hopes of creating a more formidable competitor to the entertainment industry’s giants. Why it matters: The deal, if completed, will bring under one roof such recognizable American media properties as Viacom cable channels like MTV and Nickelodeon, the Paramount film and TV studio and the CBS broadcast network. Meanwhile, in public markets, U.S. stocks fell Monday as a wave of selling that analysts attributed to mounting doubts about a trade deal pulled lower everything from bank stocks to shares of technology companies. – WSJ (subscription)
NFL: Players can’t practice or play with unapproved helmets
While Raiders star receiver Antonio Brown fights to use his old helmet, the NFL reiterated its stance that players aren’t allowed to practice or play with unapproved equipment. What’s Happening: NFL spokesman Brian McCarthy tweeted out a statement Monday without mentioning Brown by name that said players can only use helmets that have been certified by experts to be safe to use. Background: The National Operating Committee on Standards for Athletic Equipment sets performance and test standards for equipment. Brown’s Schutt Air Advantage helmet is no longer allowed because the NFL follows the National Athletic Equipment Reconditioners Association (NAERA) rule that helmets 10 years or older cannot be recertified. – AP
Amazon’s Alexa devices are being made by Chinese schoolchildren illegally working overtime
Hundreds of Chinese schoolchildren have been recruited to work long and often illegal hours in a factory that makes Amazon’s Alexa devices, China Labor Watch has found. The labor-rights group’s investigation found that more than 1,000 children ages 16 to 18 were employed as “interns” at a Foxconn factory in Hengyang. While Chinese factories are allowed to employ students ages 16 or over, these students are not allowed to work nights or overtime. In a statement emailed to Business Insider, Foxconn acknowledged that students had been employed illegally and said it was taking immediate action to rectify the situation. Amazon said it was “urgently investigating” the allegations and addressing them with Foxconn at the most senior level. – Business Insider
📅 ON THIS DAY IN HISTORY
1961: Berlin is divided
Shortly after midnight on this day in 1961, East German soldiers begin laying down barbed wire and bricks as a barrier between Soviet-controlled East Berlin and the democratic western section of the city.
Today I Learned: after Usain Bolt broke the 100m world record at the 2009 Berlin World Championships, the mayor of Berlin awarded him a 12 foot long, 6000-pound piece of the Berlin Wall. Bolt accepted and it is now housed at the Jamaica Military Museum.