Category: 2-DailyNews

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

• Elon Musk finalizes his $44 billion Twitter purchase
• Rep. Nancy Pelosi’s husband Paul Pelosi assaulted at home 
• Ukraine shoots down over 300 of Russia’s Iranian-made drones 
• Former Gov. Andrew Cuomo, D-NY, bashes Biden’s immigration policies 

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The Morning Navigator author explains the last two years of oil, and more.

This episode is sponsored by Nexo.io, Circle and FTX US.

In this interview, NLW chats with Tony Greer, a veteran trader and author of the Morning Navigator newsletter. They discuss energy markets, inflation and geopolitics. 

Find our guest on Twitter: @TgMacro

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Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “War” by Enoch Yang. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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Elon Musk has reportedly closed his deal to buy Twitter. Eight Oklahoma fire deaths investigated as homicide. Saving the Mississippi. CBS News Correspondent Steve Kathan has today's World News Roundup.

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Alabama

• Matt Walsh's "What is a Woman" tour well received on UA campus
• Conservative students at UA offer competing newspaper to Crimson White
• Constitutional carry law to be enforced at AL state parks in 2023
• Mobile county judge heads back to bench after suspension over "Memaw"
• Former Decatur pastor pleads not guilty to sexual abuse of minor
• Magic City Classic to be held this weekend in Birmingham

National

• Saudi Arabia indirectly warns Biden on release of strategic oil reserves.
• USA Today poll shows more Hispanics voting R in midterms
• GA Supreme Court ruling could benefit several 2020 election lawsuits
• Whistleblower in FL says Ballot harvesting big problem
• Elon Musk to take the helm of social media company Twitter 

This episode is sponsored by Near.

The Bermuda government has taken an interesting approach to encourage the development of crypto, blockchain, and digital assets within the territory.

The insurance sector is one area where Bermuda seems well-positioned to dominate crypto finance and its territory is one of the largest insurance and reinsurance hubs in the world.

Does its model set the stage for other countries in the quest for viable insurance?

On this episode of “Money Reimagined” host Michael Casey is at the Bermuda Tech Summit in Bermuda and is joined by his co-host  Sheila Warren to speak with Joseph Ziolkowski the CEO of Relm. Relm describes itself as the leading global insurer for companies operating in new and emerging business sectors, such as digital asset/web3, cannabis, and alternative therapeutics. 

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer Jared Schwartz. Our theme song is “Shepard.”

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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

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The news to know for Friday, October 28, 2022!

We’ll tell you Elon Musk’s first major moves as the new owner of Twitter: from his statement on the reason he bought the platform to the executives he just fired.

Also: it’s not even Election Day, but about 100 election lawsuits have already been filed. We’ll explain why. 

Plus: what to know about the World Series tonight, which big automakers are giving-up on self-driving cars, why Taylor Swift had to make an edit to her music video, and how a woman on TikTok is bringing recipes to life…

Those stories and more news to know in around 10 minutes!

Head to www.theNewsWorthy.com/shownotes for sources and to read more about any of the stories mentioned today.

This episode is brought to you by ZocDoc.com/newsworthy and Indeed.com/newsworthy 

Thanks to The NewsWorthy INSIDERS for your support! Become one here: www.theNewsWorthy.com/insider

The U.S. economy grew by 2.6% in the third quarter of 2022, according to the U.S. Bureau of Economic Analysis reportreleased Thursday.

Compared with the gross domestic product figure from the second quarter, which showed the economy shrunk 0.6%, that appears to be solid economic growth.

Not quite—according to E.J. Antoni, a research fellow in regional economics in the Center for Data Analysis at The Heritage Foundation. (The Daily Signal is the news outlet of The Heritage Foundation.)

"Usually, when we talk about these numbers, we always think a growing GDP means a growing economy, and that's good for people, but this is one of those instances where that's not really the case," Antoni says. 

Antoni offered his predictions for future GDP reports.

"As a former bartender, I'll use a bit of an alcohol analogy here. This last report—the third-quarter report, that is—I think was last call. So, if you want to judge the party based on alcohol consumption, things are looking great. That's a high number, " he says. 

"But viewed in context, the party's over. And I think from here on out, we go back to negative numbers," he added.

Antoni joins "The Daily Signal Podcast" to discuss the GDP further, as well as President Joe Biden's false claim that he won congressional passage of his student-loan forgiveness plan, and how the economy is affecting Americans. 

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This episode is sponsored by ZenGo.

The most valuable crypto stories for Thursday, Oct. 27, 2022.

Meta Platforms (FB) reported third-quarter revenue of just $285 million in its Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations. That fell short of analyst expectations of $406 million. Plus, the world's largest bitcoin miner, Core Scientific (CORZ), warns that it may have to explore bankruptcy if it fails to improve its financial condition.

See also: 

Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023

New NFT Marketplace Blur Closes in on OpenSea in 24-Hour Trade Volume

Kazakhstan to Test National Digital Currency on BNB Chain, Binance CEO Zhao Says

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This episode has been edited by Nia Freeman.. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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