Category: 2-DailyNews

Wall Street seems convinced that forward guidance is going to be rough.

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

On today’s episode, NLW checks in on the macro scene, including:

• What the earnings report season that begins this week might tell us about where corporate America is headed
• Why the Federal Reserve still doesn’t care about stock prices 
• Why the former whales in the market aren’t buying Treasurys like they used to 

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I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.

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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 “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: lemono/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

New explosions and Russian missile strikes on Ukraine. Fallout in Los Angeles government, from racist remarks caught on tape. Colonoscopies -- under the microscope in a new study. Correspondent Deborah Rodriguez has the CBS World News Roundup for Tuesday, October 11, 2022:

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Our correspondent meets with Peter Obi, who has a handsome poll lead and an appeal that spans the country’s religions and ethnicities. But his presidential bid still faces obstacles. Myanmar’s ruling junta is doing more than suppressing the country’s people: it is battering the economy equally efficiently. And remembering Brother Andrew, who made daring deliveries behind the Iron Curtain.

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Alabama

• Lawyers for inmate Alan Miller say lethal injection attempt was torture
• Inmate at Donaldson facility found unresponsive, no foul play suspected
• Elmore Corrections inmate retains lawyers for charges against CO
• CA man wanted for attempted robbery in AL is caught and jailed in TN
• Carnival Cruise Lines' Ecstasy left Mobile port to sail into retirement
• Buc-ees in Athens to hold massive hiring event ahead of grand opening

National

• Joe Biden reverses position and offers US missile systems to Ukraine
• FCC votes to withdraw authority to Chinese telecommunication company
• 2 doctors in CA filed federal lawsuit against state law targeting Physicians
• Kaiser Permanente study shows Covid booster causes more harm
• Colorado SoS sends 30,000 postcards on voter registration to non citizens
• Rivian recalls 13,00 EVs due to steering problems

The news to know for Tuesday, October 11, 2022!

What to know about Russia’s biggest attacks on Ukraine since the first week of war, and the next move world leaders are watching closely. Also: Harvey Weinstein is back on trial. We’ll tell you what he’s facing this time.

Plus: expect tighter security measures at some polling places, what the real life ‘Inventing Anna’ is saying after being released from jail, why the newest iPhones are causing some accidental calls to 911, and the top fast-food chain given the title of slowest drive thru…

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 Indeed.com/newsworthy and Rothys.com/newsworthy

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

American corporations are increasingly taking sides on political issues—and it seems they’re often embracing socialist ideas rather than the free market.

That’s led former Iowa Gov. Terry Branstad and others to create the American Free Enterprise Chamber of Commerce. The group launched earlier this year to put the focus back on pro-business policies and limited government—rather than woke ideas pushed by activists on the left.

Gentry Collins, CEO of the American Free Enterprise Chamber of Commerce, comes to the job after serving as the national political director at both the Republican Governors Association and the Republican National Committee. He spoke to "The Daily Signal Podcast" about the organization. A lightly edited transcript is below. 

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A new policy was quickly retracted over the weekend.

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

On Saturday, a PayPal policy was announced where customers could be fined up to $2,500 for misinformation and other causes, at the sole discretion of the company. The internet’s outrage was quick and loud, and very soon PayPal retracted the policy and said it was published in error. NLW explores what the policy would have done and why some are asking what it suggests about a future with central bank digital currencies (CBDC). 

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Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io.

-

FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.

-

I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.

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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 “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Justin Sullivan/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by ZenGo.

The most valuable crypto stories for Monday, Oct. 10, 2022.

Crypto exchange Huobi Global, one of the biggest token trading outposts in the Asia markets, has agreed to be purchased by Hong Kong-based investment company About Capital Management's M&A fund. Plus, PayPal addresses its acceptable use policy (AUP) notice update that a spokesperson said "included incorrect information" and sparked a debate online.

See also:

Crypto Exchange Huobi Global to be Acquired by About Capital

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

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ZenGo crypto wallet is an on-chain crypto wallet with no private key vulnerability, leveraging advanced cryptography called MPC. Get started at ZenGo.com/HASH and use code HASH to get $20 back on your first purchase of $200 or more. Terms and conditions apply. See site for details.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.