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Plus: The Supreme Court will hear two cases about transgender girls in school sports. French air-traffic controllers began a two-day strike over working conditions. Ariana Aspuru hosts.
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Host Jennifer Sanasie breaks down the latest news in the crypto industry as the U.S. added 147,000 jobs in June.
The U.S. economy added 147,000 jobs in June with the unemployment rate falling to 4.1%. Do the strong numbers indicate that the Fed might keep rates steady? Plus, leaders at the SEC are reviewing the agency's recent approval of a Grayscale application to turn the Digital Large Cap Fund into an ETF. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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In 2021, DSA candidate India Walton successfully won the Buffalo, NY primary over establishment incumbent mayor Byron Brown. She would have been the first socialist mayor of a large city since Frank Zeidler left office as mayor of Milwaukee in 1960. But she never became mayor. Brown sued to get on the ballot, failed, but then launched a successful write in campaign. Though she was backed by WFP and had secured endorsements from Chuck Schumer, Bernie Sanders, and AOC, Governor Hochul declined to endorse Walton, Echoing the current Zohran Mamdani moment. Now, Walton returns to Bad Faith to give her unique perspective on what it's like to win a Democratic Party primary, only to be beaten by the Democratic Party establishment, to offer advice to Zohran Mamdani, who once campaigned for Walton in Buffalo, and to unpack her feelings on the viability of using the Democratic Party as a vehicle for real change.
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The government reported today that 147,000 more people were on payrolls in June compared to May — a stronger outcome than initially forecasted. This data comes despite all the tariff-related uncertainty that many business execs have been speaking about lately. We’ll discuss. Plus, AI scraping could fundamentally break the business model of the internet, and an oasis of merch and pop-up stores is appearing ahead of the Oasis reunion tour kick-off.
Liverpool and Portugal footballer, Diogo Jota, killed in car crash in Spain, aged 28. He had 3 young children and had just married his long-term partner. Also: Thailand gets a second caretaker Prime Minister in a week.
The UN's special rapporteur on the occupied Palestinian territories, Francesca Albanese, has accused dozens of companies of being complicit in war crimes in Gaza and the West Bank in a UN report. They include arms producers, manufacturers whose vehicles are used to demolish homes, technology companies and banks. Israel rejects the charge of genocide and has called the report groundless, defamatory and a flagrant abuse of office. We'll hear from the report’s author Francesca Albanese. Also on the programme: President Trump's huge tax and spending bill is heading for a final vote in the US House of Representatives - we'll have the latest from Washington; and astronomers have discovered only the third known object to enter our solar system from interstellar space. (Photo: UN Special Rapporteur for the Occupied Palestinian territories, Francesca Albanese, speaks during a press conference at the European headquarters of the UN in Geneva, Switzerland on 11 December, 2024. Credit: REUTERS/Pierre Albouygives)