The NewsWorthy - Controversial Firing, Western Wildfires & #TeamWater – Monday, August 4, 2025

The news to know for Monday, August 4, 2025!

We’re talking about the big cracks starting to show up in the labor market, and why President Trump says not to believe the data. 

Also, a national redistricting battle is playing out that threatens to upend the election map for the midterms. 

Plus: the parts of the U.S. dealing with wildfires and air quality concerns, the average cost for parents and teachers this back-to-school season, and the good cause that’s uniting online creators around the world.

 

Those stories and even more news to know in about 10 minutes! 

 

Join us every Mon-Fri for more daily news roundups! 

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The Best One Yet - 🤓 “Ivy League-ish” — Harvard’s profit puppy. eBay’s all-time-high. Trickle Down AI-nomics. IBO = Initial Baby Offering.

Harvard’s biggest profit puppy? Executive Education… They’re stretching the Crimson to earn some cash.

eBay stock is (shockingly) at an all-time high… Because eBay now tracks “enthusiasm” as an official metric.

Microsoft is spending $120 billion this year on AI servers… with that $ it could buy all 30 NBA teams. 

Plus, we’ve got an IBO announcement… an Initial Baby Offering.


$EBAY $MSFT $META


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Short Wave - The Giants Lurking In The Deep Sea

The bathypelagic zone of the ocean is 1,000 to 4,000 meters below the surface. Sometimes it's called the midnight zone, because it's too deep for sunlight to reach. Most animals here are much smaller than their shallow-water counterparts. But occasionally, researchers find the rare deep sea giant: giant isopods, giant squids, colossal squids, sea spiders.

While these giants sound like the subjects of some people's nightmares, deep sea biologist Craig McClain dreams about them. And today on the show, he helps unravel the mystery and research behind these creatures.

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The Indicator from Planet Money - What really goes on at the Bureau of Labor Statistics (Update)

On Friday, we reported on the latest jobs numbers from the Bureau of Labor Statistics, which showed weaker than expected growth. On Friday afternoon, President Trump fired the person in charge of those numbers.

The monthly jobs report is a critical tool for the economy, used by businesses to make decisions and the Federal Reserve to set rates. So how exactly are those figures collected? Today, we're re-airing our behind-the-scenes look at how the BLS puts together the jobs report ... one call at a time.

This show originally aired June 6, 2022.

Related:
Can we trust the monthly jobs report?
Would you trust an economist with your economy?

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What Next | Daily News and Analysis - Was Democracy Voted Out?

Belief in democracy was, until quite recently, taken for granted in America. But what if democracy is less a static noun, and more of a dynamic ideal we (could be) working towards?

Guest:  

Osita Nwanevu, contributing editor at The New Republic, columnist at The Guardian, author of “The Right of the People: Democracy and the Case for a New American Founding.”

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Podcast production by Ethan Oberman, Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.


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Audio Mises Wire - How JFK and the CIA Gave NYC Zohran Mamdani (and Obama to the US)

In an attempt to compete with the Soviet Union by bringing future elite political leaders from Africa to study in US universities, Sen. John Kennedy and the CIA inadvertently spread Marxism here and abroad. One product of this program was bringing Mamdani's Marxist father to the US.

Original article: https://mises.org/mises-wire/how-jfk-and-cia-gave-nyc-zohran-mamdani-and-obama-us

CoinDesk Podcast Network - GEN C: The Wireless Revolution Fueled by Blockchain

Frank Mong of Helium reveals how blockchain-powered hotspots and shared infrastructure are disrupting traditional telecom to build a decentralized, user-owned wireless network.

In this episode of Gen C, Frank Mong, COO of Helium, unpacks how blockchain, crypto incentives and shared infrastructure are transforming global connectivity. From early IoT use cases and crypto hotspots to major telco partnerships, Helium is decentralizing the internet one user owned network at a time. Their approach is creating an open, affordable and community-driven wireless network that puts power back in users hands.

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It Could Happen Here - Anti-War Movements feat. Andrew

Andrew is joined by James to discuss the history and efficacy of anti militarism and anti-war movements.

Sources:

Anarchist Encyclopedia by Sebastien Faure et al

https://theanarchistlibrary.org/library/james-herod-the-weakness-of-a-politics-of-protest

https://theanarchistlibrary.org/library/jeff-shantz-p-j-lilley-striking-against-the-work-war-machine

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