Category: 2-DailyNews

Is a 25 basis point hike enough to stem the impact of inflation? 

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

Wednesday, the U.S. Federal Reserve increased its benchmark interest rate for the first time since 2018. This came despite an increasingly volatile economic landscape that includes the fallout from Russia’s invasion of Ukraine plus the supply chain impacts of COVID-19 shutdowns in China. NLW breaks down the market’s reaction to the anticipated hike, and explores how quantitative tightening is likely to proceed from here.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Nuthawut Somsuk/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. 

 

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As the fighting enters its fourth week in Ukraine, a question looms: could Ukraine actually win? NPR's Juana Summers talks with CEPA's Steven Horrell about the prospects of Russian defeat in Ukraine.

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Rescue efforts continue at the Mariupol theater that was bombed and American officials said a U.S. citizen has been killed in Ukraine.

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Russia bombs a theater being used as a shelter. As gas prices moderate, diesel increases, straining truckers. Jussie Smollett released from jail. CBS News Correspondent Steve Kathan has today's World News Roundup.

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In the midst of the Russian invasion, there are artists in Ukraine who are trying to find hope, redemption — and boost their country's spirits.

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The package by the White House includes missiles to take out tanks and bring down Russian aircraft — as well as drones that the U.S. hasn't provided previously.

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Alabama

• Alabama House approves the General Fund Budget : heads to conference committee
• Alabama Senate approves raising the cap on donations to AL Scholarship Fund
• Niagara Bottling Co. announces new facility to be built in Opelika
• New electric battery plant in Bibb county starts production
• Orange Beach city council holds surprise vote to break away from County schools

National

• Congress hears speech from Ukrainians president asking for more help
• Colonel Douglas MacGregor and journalist Lara Logan dispute veracity of the war info
• Part 3 of conversation with Kyle Boyett over bio labs in Ukraine funded by US
• Chris Cuomo files arbitration claim for $125 million dollar for his firing
• NY comptroller report says governor covered up 1,400 Covid deaths in nursing homes
• Journalist finds the documents on Hunter Biden that Secret Service claimed they couldn't locate

Russia’s invasion of Ukraine has pushed global prices, which were already climbing, even higher. As America’s central bank raises its target interest rate for the first time in four years, we break down the challenges facing central bankers. In the fourth instalment of our French election series, we look at how the conflict has changed the race. And Russia’s seizure of the Chernobyl nuclear plant ends three decades of scientific research.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

The news to know for Thursday, March 17th, 2022!

We'll detail some of the Ukrainian president's speech to Congress and President Biden's response to it.

Also, we'll tell you about a powerful earthquake in Japan, why the FBI reached a multimillion dollar settlement with some families in Florida, and how new experimental HIV vaccines are connected to the Covid shots.

Plus: why your next plane ticket may be more expensive (it's not just fuel prices), how Netflix may be cracking down on password-sharing, and what to know about St. Patrick's Day...  

Those stories and more 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 and Masterworks

Become a NewsWorthy INSIDER! Learn more at www.TheNewsWorthy.com/insider

 

 

Over 100,000 Americans die each year from opioid overdoses. One of them was 21-year-old Garrett Holman.

His father, Don Holman, has worked ceaselessly to educate the public about the scourge of opioids and how they affected his family.

"This tragedy ripped our family apart," Holman says. "At this point in time, after losing my son, no matter what I accomplish or what I do, I don't feel like I'll ever win."

"I can lose less if I can do something," he says. "It may be talking to you today, it may be testifying in front of Congress. It may be talking to my Uber driver on the way home and [finding] out that they have a child going through something, and I can share just something to encourage them or give them some guidance."

Holman joins "The Daily Signal Podcast" to share his family's story and tell you how you can help if someone in your life suffers from an opioid addiction.

We also cover these stories:

• In a video address to Congress, Ukrainian President Volodymyr Zelenskyy appeals for more U.S. aid.
• President Joe Biden announces $800 million more in military assistance to Ukraine.
• For the first time in three years, the Federal Reserve raises interest rates.

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