Justice Department Releases 3 Million New Epstein Files
The Justice Department released approximately 3 million new documents related to the Jeffrey Epstein case on Friday, though the release did not provide much additional clarity, according to Vox. The documents are the latest, and possibly last, tranche of information to be released in the case.
In other news, the U.S. shale producer Devon Energy announced it would acquire Coterra Energy for nearly $26 billion in an all-stock merger, creating a domestic oil and gas producer second only to Exxon Mobil, Chevron, and ConocoPhillips in production volume, Fortune reported on Feb. 2. Analysts said the deal marks a comeback for mergers and acquisitions in the energy sector after a slowdown last year.
Meanwhile, Bitcoin experienced a downturn, dropping below $75,000 on Sunday, a 37% dip from its record high in October, according to Binance, Fortune noted. While Bitcoin rallied slightly on Monday, climbing back toward $80,000 by mid-afternoon, analysts attributed the downturn to soft earnings reports in the tech sector, declining gold and silver prices, and the nomination of Kevin Warsh as Federal Reserve chair.
In environmental news, oceanic whitetip sharks are rapidly disappearing due to the illegal trade of their fins for shark fin soup, Time reported. DNA testing on over 16,000 fins in Hong Kong, the world's largest shark fin market, revealed that the species appeared 70 times more often than what governments reported. According to Time, traders trafficked fins from over 36,000 illegally caught oceanic whitetip sharks in just three years.
Finally, the Trump administration faced a lawsuit challenging its visa freeze affecting 75 countries, alleging discrimination based on nationality and perceived welfare risk, according to multiple sources cited by Vox. The documentary "Melania" surprisingly exceeded box office expectations despite negative reviews and counter-campaigns, raising questions about Amazon's potential political motivations. Additionally, mortgage rates may experience a slight decrease in February due to bond market movement and economic data, although the housing market remains sluggish, and the Federal Reserve's future actions will significantly influence rate trends.
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