CBS News Roundup - 10/01/2024 | World News Roundup Late Edition

Iran fires hundreds of missiles into Israel. CBS News hosts the Vice Presidential debate between Minnesota's Democratic Governor Tim Walz and Ohio Republican Senator JD Vance. Difficult recovery continues in the Southeast following Hurricane Helene. CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.

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The Indicator from Planet Money - Is an American sovereign wealth fund such a bad idea?

Sovereign wealth funds have been around since the 1800s, but they're having a bit of a moment right now ... The financial instrument was recently name-dropped in HBOs 'Industry' (good show!) and members of both the Biden administration and the Trump campaign have floated the idea of an American sovereign wealth fund.

That idea, for the most part, has been derided by economists. But... is an American sovereign wealth fund such a bad idea?

On today's show: What IS a sovereign wealth fund? Is a US national sovereign wealth fund a good or even viable idea?

Related Episodes:
Why oil in Guyana could be a curse
The boom and bust of esports

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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The Daily Signal - Vance and Walz to Debate, Iran Attacks Israel, Dock Workers Strike | Oct. 1

TOP NEWS | On today’s Daily Signal Top News, we break down:


  • Vice Presidential Nominees JD Vance and Tim Walz debate tonight. 
  • The Israel Defense Forces announced today that Iran launched missiles toward Israel.
  • U.S. dock workers go on strike.
  • The death toll from Hurricane Helene rises to at least 140.


Relevant Links


Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/

Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription

 

Listen to more Heritage podcasts: https://www.heritage.org/podcasts

Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda

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The Gist - For Israel, Tactics Are Strategy

As Iran officially entered the war against Israel this morning, launching just short of 200 ballistic missiles at numerous Israeli targets, pundits continued to praise Israel's tactics but question its strategy. The thing is, the tactics ("kill enemy") and strategy ("win war") seem pretty aligned. Also on the show, Washington Post Opinion columnist Dana Milbank joins us to discuss his newest book, Fools on the Hill: The Hooligans, Saboteurs, Conspiracy Theorists, and Dunces Who Burned Down the House.


Produced by Joel Patterson and Corey Wara

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State of the World from NPR - Israel Invades Lebanon, Iran Attacks Israel

Iran launched long-range missiles against Israel, just hours after Israeli forces launched a ground offensive into southern Lebanon against Iran's main proxy, Hezbollah. The dramatic escalation is raising fears of an all-out war in the Middle East. We hear from two NPR correspondents in the region.

For more coverage of all sides of this conflict, go to npr.org/mideastupdates

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Consider This from NPR - Conflict in the Middle East is spreading. Is a wider regional war imminent?

The war in the Middle East appears to be widening, almost one year after Hamas launched its attack on Israel.

For more on what might unfold from here, Consider This host Ailsa Chang speaks with General Frank McKenzie, the retired Commander of United States Central Command.

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Reset with Sasha-Ann Simons - Walz, Vance Face Off For First (And Only) VP Debate

They’ve been trash talking on the campaign trail, but finally, Minnesota Gov. Tim Walz and Ohio Sen. JD Vance will go head-to-head on primetime TV, Tuesday at 8 p.m. Central. Will the two be “Midwest nice” or go for the political jugular? Reset checks in with political expert Tabitha Bonilla, associate professor at Northwestern University, for her take on what to look out for at the vice presidential debate. For a full archive of Reset interviews, head over to wbez.org/reset.

Cato Daily Podcast - Reforming State and Local Economic Development Subsidies

Offering subsidies is how many states show interest in bringing in a new business enterprise and states regularly try to offer more than other states can, but it doesn't have to be that way. Marc Joffe explains how states can get out of the trap of playing the subsidies game against their neighbors.

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The Journal. - The Big Changes Tearing OpenAI Apart

In less than two years, OpenAI—the company behind ChatGPT—has gone from a little-known nonprofit lab to a world-famous organization at the forefront of an artificial intelligence revolution. But the company has faced a series of challenges, culminating last week in another high-profile departure and the decision to become a for-profit corporation. WSJ’s Deepa Seetharaman discusses the permanent change to OpenAI's ethos and what it could mean for the AI industry.


Further Listening:

- Artificial: The OpenAI Story 

- Artificial: Episode 1, The Dream 


Further Reading:

- Turning OpenAI Into a Real Business Is Tearing It Apart 

- OpenAI’s Complex Path to Becoming a For-Profit Company 


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Motley Fool Money - Ports On Strike

About half of U.S. imports go through the ports where dock workers just went on strike.

(00:25) David Meier and Ricky Mulvey discuss:

- How companies are navigating the port worker’s strike.

- The disagreement over automation.

- Investor sentiment in artificial intelligence

- One less discussed company that’s benefiting from others spending on AI.

(18:28) Motley Fool Contributor, Dan Caplinger, joins Robert Brokamp to kick off a two part series on estate planning, and how you can help your family avoid going to court.


Companies discussed: COST, CHRW, DBI, MSFT, META, PCOR

Host: Ricky Mulvey

Guests: David Meier, Robert Brokamp, Dan Caplinger

Producer: Mary Long

Engineer: Rick Engdahl

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