Property ownership eludes Black Americans more than any other racial group. NPR's Ailsa Chang and Jonaki Mehta examine why. They tell the story of LA's Sugar Hill neighborhood, a once-vibrant black community that was demolished to make way for the Santa Monica Freeway.
Their story is part of NPR's special series We Hold These Truths.
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Cato Daily Podcast - How Do the Feds Tax Capital Gains?
The Biden Administration hopes to hike capital gains taxes for high earners. What are the likely results? Cato’s Jennifer Schulp comments.
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CoinDesk Podcast Network - BREAKDOWN: If Prices Keep Going Up, We Might Have to Start Calling It Inflation
Every day sees new reports of prices going up – from commodities to plastic to fruit. Are we ready to use the “I” word?
This episode is sponsored by Nexo.io and Bitstamp.
Today on the Brief:
- Elon Musk saves an SNL flop with a dogecoin satellite
- Growing interest in Ethereum
- UBS explores offering crypto to wealthy clients
Our main discussion:
The Wall Street Journal and Bloomberg are both running headlines about increasing consumer prices. For now, most pieces like these remain a healthy combination of spot data (in other words specific companies raising prices) and anecdotes versus aggregate data. That isn’t stopping a new inflation narrative from forming, however. Listen to find out what it means.
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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!)
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Image credit: Galina Sandalova/iStock/Getty Images Plus
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Audio Poem of the Day - from Don’t Let Me Be Lonely: “I don’t usually talk to strangers…”
By Claudia Rankine
The Commentary Magazine Podcast - The Numbers Are Really Good
Today’s podcast exults in what can only be called exit-velocity numbers about the pandemic and a shift in tone from the panjandra of the public-health community given the good news. Then we tell you the truth about what’s going on in Jerusalem before making fun of liberals trying to explain the reasons for the bad jobs report. Give a listen. Source
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Stuff They Don't Want You To Know - Strange News: The Rise of Ghost Guns and Mysterious Death of Aviva Okeson-Haberman
Should people be allowed to order, print and assemble guns at home? The rise of so-called ghost guns has resulted in a glut of firearms with no serial numbers -- and the people buying them don't need background checks, either. Over in Kansas City, the death of a young, enterprising journalist leads the guys to discuss the possible causes of the tragedy, while also exploring the overall rise in violence against journalists. All this and more in this week's Strange News.
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array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }Headlines From The Times - The origins of California’s recall fever
Over the next couple of months, media from across the world will descend on California to cover the possible recall of Gov. Gavin Newsom. There have been only two successful recalls of governors in U.S. history — including the recall of California Gov. Gray Davis in 2003. Why is this famously liberal state so prone to conservative voter uprisings? It’s part of a decades-long trend that has rocked local and state politics, a trend that’s gone on to influence the rest of the U.S. Today, we examine the roots of the upcoming recall election against California Gov. Gavin Newsom with L.A. Times politics columnist Mark Z. Barabak and Randy Economy, one of the architects of the Recall Gavin 2020 campaign.
Further reading:
How three political novices with turbulent pasts helped spark the Newsom recall
Column: Good news for Gavin Newsom — California is no longer the place it was in 2003
CBS News Roundup - World News Roundup: 05/10
Racing to restart a fuel pipeline crippled by a cyber attack. Six killed at Colorado birthday party. Kentucky Derby winner faces disqualification. CBS News Correspondent Steve Kathan has today's World News Roundup.
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The Intelligence from The Economist - North poll: Boris Johnson’s election victory
Boris Johnson, Britain’s prime minister, is celebrating a wave of election victories for his Conservative Party in the north of England. But in Scotland, pro-independence parties continue to dominate. Judges in Germany have demanded that the government take a more radical approach to climate change; their ruling could shake up climate policy around the world. And if you’re bored of cardigans, why not knit yourself a road?
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Everything Everywhere Daily - Juan Sebastián Elcano
When I was growing up I was taught like so many people that Ferdinand Magellan was the first person to circumnavigate the Earth.
The problem with this is that is it isn’t true. In fact, Magellan never circumnavigated the Earth at all.
Who should get credit then?
Learn more about Juan Sebastián Elcano, and how he is still remembered today, on this episode of Everything Everywhere Daily.
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