Americans kidnapped in Mexico. The Federal Reserve tackles inflation. California digging out from historic snowfall. CBS News Correspondent Jennifer Keiper has tonight's World News Roundup.
Admitted excessive-talker Dan Lyons researches a cure for his propensity for prolixity—STFU: The Power of Keeping Your Mouth Shut in an Endlessly Noisy World is the result. Plus, California Governor Gavin Newsome suspends all non-existent state business with Walgreens. And Tucker Carlson’s January 6th Film Festival is a bust. Big shock.
The most valuable crypto stories for Tuesday, March 7, 2023.
"The Hash" team discusses the biggest headlines shaping the crypto markets today, including Federal Reserve Chairman Jerome Powell, in prepared remarks before the U.S. Senate Banking Committee, stating that inflationary pressures are running higher than expected. Separately, Punchbowl reports that U.S. lawmakers are planning on reintroducing a bill that will reform the way crypto is treated for tax purposes.
This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.
Apparently the judges agreed with Grayscale that the SEC's policies regarding bitcoin ETFs are inconsistent.
Last year, Grayscale, a CoinDesk sister company, filed suit against the Securities and Exchange Commission after its proposal to convert the Grayscale Bitcoin Trust into a bitcoin spot exchange-traded fund was rejected. Today the hearing began, and the SEC was almost immediately put on the defensive. In this episode, NLW explains the background of the SEC and bitcoin ETFs, the specifics of the Grayscale case and how the community is reacting to today's hearing.
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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Nuthawut Somsuk/ Getty Images, modified by CoinDesk.
Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.
Ravi, Rikki, and Joe start with a major announcement from drugmaker Eli Lilly on coming price caps for its insulin products before turning to the complex web of regulatory loopholes that defines American pharmaceuticals and health care altogether. Then we turn to a new survey from FIRE, detailing self-censoring among college professors and students when it comes to academic freedom and speech. Finally, we look at a trendy punching bag among progressives, asking whether stock buybacks are really the corporate cash grab they think.
[01:43] - Insulin Prices
[24:13] - College Cancellation Fear
[37:28] - Stock Buybacks
[50:00] - Voicemail
Leave us a voicemail with your thoughts on the show! 321-200-0570
He hasn't yet entered the contest, but even so, Florida Governor Ron DeSantis is one of the leading Republicans in the race for the GOP presidential nomination.
DeSantis has just released a new book that highlights his pugnacious style and hardline stance on issues ranging from education to public health. And he has attracted even more attention as Florida's Republican-led legislature began its session Tuesday.
NPR's Greg Allen has this look at how DeSantis became what some believe is the future of the Republican Party.
The group Mariachi Sirenas is challenging stereotypes while honoring Mexican traditions. Reset sits down with members Ibet Herrera and Laura Velazquez to learn more about their music and roots.
New EPA data show that air pollution from Chicago and the rest of Cook County makes its way to neighboring states, and Wisconsin suffers the worst. Reset checks in with Chicago Tribune environmental reporter Michael Hawthorne for more on how Chicago and its suburbs are polluting places like Wisconsin, Michigan and even Connecticut.
The Fed Chief goes to Capitol Hill, Dick's Sporting Goods crushes expectations, and there's more than one type of FIRE. (0:21) Bill Mann discusses: - The market's reaction to Chairman Powell's testimony in front of the U.S. Senate Banking Committee - Shares of Dick's Sporting Goods popping 11% on same-store sales growth that more than doubled expectations - How inventory management is a key in Dick's Sporting Goods recent success
(12:33) Alison Southwick and Robert Brokamp talk with Megan Brinsfield about the FIRE (Financially Independent, Retire Early) movement.
Companies discussed: DKS, HD, LOW, TGT, WMT
Host: Chris Hill Guests: Bill Mann, Alison Southwick, Robert Brokamp, Megan Brinsfield Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
Motley Fool Wealth Management (“MWFM”) is an SEC registered investment adviser. MWFM, as affiliate of The Motley Fool LLC (“TMF”) is a separate legal entity, and all financial planning and discretionary asset management services for our clients are made independently by the financial planners and asset managers at MFWM. No TMF analysts are involved in the investment decision making or daily operations of MFWM. MFWM does not attempt to track any TMF services.
Megan Brinsfield is the Director of Financial Planning at MFWM. The comments and ideas presented by the speaker in this podcast are solely those of the speaker and do not necessarily represent those of MFWM or any of its affiliates. This discussion is for informational purposes only and should not be construed an investment or financial planning advice or recommendations. Certain statements may be deemed forward-looking, however there is no guarantee of any outcome. Past performance does not guarantee future results.