Category: 2-DailyNews

What do Moo Deng the pygmy hippo, social media sensation Hawk Tuah, and the President of the United States all have in common? They've all inspired highly valuable, highly volatile memecoins. The memecoin began as a sort of joke cryptocurrency, but it soon became very real.

On today's episode of The Sunday Story, we turn to our friends at NPR's Planet Money to help us understand the phenomenon of memecoins. What are they, and how did they go from a one-off joke to a speculative frenzy worth tens of billions of dollars? Who are the winners and losers in this brazen new market?

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The search for survivors continues in Myanmar as the number of deaths rises to more than 1600. The UN pleads for the Burmese military to stop attacking rebels. Also: Mexico tackles its country's obesity problem.

A powerful earthquake struck Southeast Asia Friday, killing more than 1,000 people. New tariffs come into effect in days, with American consumers likely paying for them. President Trump's executive actions targeting diversity, equity, and inclusion are having effects on arts and culture across the country.

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Millions gather each year on Egypt's streets for football tournaments during Ramadan. Also: money-saving beavers, one of the UK's largest Iron Age discoveries and darts helping children in South Africa learn maths.

GameStop plans to buy $1.3B in Bitcoin, following MicroStrategy's playbook. How does this connect to GameStop's 2021 meme stock saga, company financials, and can this pivot can save a retailer whose core business is declining.

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We dive into GameStop's surprising announcement to raise $1.3 billion in convertible notes, potentially to buy Bitcoin. The hosts explore how this connects to the 2021 meme stock saga that gave GameStop its massive cash position, Ryan Cohen's relationship with Michael Saylor, and whether this Bitcoin strategy is a life raft for a retail gaming business in decline. With GameStop's revenue dropping from $8.5B to $3.8B over eight years, is this a smart pivot or just vibe investing?

Notes:

- GameStop announces $1.3B convertible note offering

- Revenue declined from $8.5B to $3.8B in 8 years

- Company has $4.76B cash on balance sheet

- Cash position largely from 2021 meme stock frenzy

- Zero debt after paying off all loans

- Saylor posted photo with Ryan Cohen: "Team Bitcoin"

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Timestamps:

00:00 Start

00:28 GameStop enters the chat

02:05 GME be buying

07:58 Roaring Kitty Redux

10:43 Financials

13:25   Arch

13:56 Business evolution

20:14 Volatility trade

25:28 Not a crazy pivot

30:22 BTC makes an honest market or not...

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In a special episode of "The Signal Sitdown" filmed at the White House, Leavitt opens up about her relationship with President Donald Trump, her political upbringing, and how the president is garnering record support with young voters.

At just 27 years old, Leavitt is tasked with communicating Trump’s priorities to the American people, oftentimes through testy exchanges with the adversarial corporate media in the White House briefing room.

"I don't think anyone could anticipate having this job," Leavitt told The Daily Signal. "Certainly, one may hope for it, but you never really know if it will happen."

These days, Leavitt makes headlines sparring with journalists, but once upon a time, she thought she might become one. "I always was enthralled with the media and news growing up," Leavitt said. "Always thought I wanted to be a reporter, actually on your side of the table, and covering the news."

That started to change, however, when Trump burst on to the political scene. "2016 was the first election I was actually eligible to vote in, and I cast my ballot in the New Hampshire primary for Donald Trump," Leavitt recalled.

Listen to find out what happens next:

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In just one month's time, you’ll need a REAL ID (or valid passport) to fly within the U.S., so we’re making sure you have everything you need to be travel-ready. PLUS, we’re diving into this year’s top travel trends and getting expert tips to find affordable, unforgettable destinations!

 

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On this week's "CBS News Weekend Roundup," host Peter King provides the latest on "Signalgate," which includes a comprehensive report from CBS News White House Correspondent Ed O'Keefe, followed by analysis from CBS News Military analyst, Colonel(ret.) Jeff McCausland. CBS News Moneywatch Correspondent Kelly O'Grady reports on the Trump Administration's 25 percent tariffs on imported passenger vehicles and parts. CBS News Correspondent Anna Coren is in Hong Kong with a report on the 7.7 magnitude earthquake centered in Myanmar. 

The Kaleidoscope segment looks at PEPFAR, the President's Emergency Plan for Aids Relief, founded in 2003 by then-president George W Bush, and the challenges it faces because of the DOGE cutbacks.

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At least three deaths reported and hundreds of rescues in south Texas after devastating floods. Tariff and inflation fears send the markets reeling. Amid Vice President Vance's trip to Greenland, President Trump says, "We need Greenland." CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.

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With so much information—and misinformation—circulating, it's time to take a step back and assess the bigger picture of Trump’s impact in his first 7 weeks in office.

 

On today’s episode of “Victor Davis Hanson: In His Own Words,” Hanson breaks down Trump’s rapid push for fundamental, disruptive change—a counter-revolution reshaping America’s economic, energy, and foreign policy landscape. 

 

“ Trump is in a race. He's in a race to enact fundamental, disruptive change, a counterrevolution, and it's going to be rough for a while, as he pointed out. But the things that he has already done are going to have, shortly or maybe even midterm, fundamental advantages for the United States”…

 

“if he's able to solve the Ukraine war, and if he is able to have a general peace in the Middle East, that will be the most substantial presidency—if he does nothing else—that we've seen in 50 years.”

 

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