President Trump talks about government shutdown negotiations. Countdown to Election Day. London Stabbing attack. CBS News Correspondent Steve Kathan has these stories and more on the CBS World News Roundup.
From the BBC World Service: Markets in Asia rose in reaction to the outcome of the APEC meetings in South Korea as the U.S. and China stepped back from the brink of a full-fledged trade war. Plus, reports suggest India is looking for new sources to replace the oil it currently buys from Russia. And, we look at Cameroon's mining industry, which is often done by small-scale miners working in risky environments with basic tools.
Plus: the unaffordable housing market in the U.S. is causing buyers to embrace riskier mortgages. And, Berkshire Hathaway reports positive quarterly results as the conglomerate inches closer to Warren Buffett’s retirement as CEO. Caitlin McCabe hosts.
The paramilitary Rapid Support Forces have at last taken El Fasher, the capital of Darfur. Reported atrocities are sharply rising, in a chilling echo of what happened in the region two decades ago. Artificial intelligence is narrowing the information asymmetry between sellers and buyers, spelling an end to the “rip-off economy”. And why the literary genre of questionnaires is fading.
Researchers are documenting more and longer-lasting wildfires in northern Alaska and Canada. In fact, the increase of wildfires is a trend across the Arctic, as far as Norway and Siberia, driven by higher temperatures and dryer conditions. The trend has immediate threats to people’s homes and health. Some tribes in Alaska and Canada also worry about the possibility of a long-term cataclysmic cycle of fires burning through vast stores of peat, producing uncountable amounts of carbon into the atmosphere. We’ll get a look at the latest research and learn what concerned Alaska Native tribes and other Indigenous stakeholders are doing to prepare.
GUESTS
Edward Alexander (Gwich’in), co-chair for Gwich’in Council International and senior Arctic Lead Woodwell Climate Research Center
Malinda Chase (Deg Hit’an), tribal liaison for the Alaska Climate Adaptation Science Center under the International Arctic Research Center at the University of Alaska Fairbanks and the land manager for her village Anvik
Break 1 Music: Blueberry Hill (song) Métis Fiddler Quartet (artist) Northwest Voyage Nord Ouest (album)
Break 2 Music: Traditional Side Step Song (song) Little Otter (artist) Side Step Songs (album)
Hurricane Melissa leaves destruction across Jamaica and Haiti, killing dozens and displacing thousands. President Trump urges the Senate to end the filibuster to reopen the government as the shutdown drags into its 30th day. Covered California warns of steep premium hikes without renewed federal subsidies. State officials warn of fake ballot texts ahead of the election. Millions lose access to Disney-owned channels as YouTube TV’s contract talks stall. In business, an L.A. startup called Clipping is turning short edits into big profits for creators, and streaming platforms raise prices again, pushing household entertainment costs even higher.
Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is serving 25 years in federal prison for fraud. His company collapsed and went bankrupt in 2022. Investigators found that billions of dollars in customer funds had been borrowed without permission to help shore up Bankman-Fried’s other firm, Alameda Research.
But throughout the last three years, Bankman-Fried has maintained his innocence, and he's filed an appeal. A hearing is scheduled for Nov. 4.
Marketplace’s Nova Safo spoke with Jonathan Jones, a reporter and producer for the investigative podcast “Reveal,” who spent hours talking to the former CEO, FTX insiders and customers.
As a practical matter, how much effort do you put into pinning down the causes behind daily occurrences? To developmental psychologist Frank Keil, who studies causal thinking, that answer is likely along the lines of 'not enough.' A lack of causal thinking is both endemic, and, to an extent, hurtful these days, he argues, suggesting that lacking even simplified causal models makes things like the black box of artificial intelligence a potential problem.
In this Social Science Bites podcast, Keil, the Charles C. and Dorathea S. Dilley Professor of Psychology and Linguistics at Yale University, outlines for interviewer David Edmonds how causal thinking is a skill we seem to have at an early age, but which diminishes as we grow up. "[K]ids, by the time they approach elementary school, are asking up to 200 'why' and 'how' questions a day," he explains. "Within a year or two up to starting school, they're down to two or three, often none."
Furthermore, Keil sees this diminishment continuing in society today – and this comes as a cost. "I think it's making kids today be pushed more towards surface understanding, being user interface understanders. I think it makes influences more influential. To just say 'This is cool' as opposed to 'This is how it works.' One of the negative consequences is that we can get fooled by misinformation more; one of the best ways to debunk an expert is to ask them to explain the mechanism."
At Yale, Keil directs the Cognition and Development lab. He has written several books, from academe-oriented books like Developmental Psychology: The Growth of Mind and Behavior, to more general reader titles like Wonder: Childhood and the Lifelong Love of Science. His awards include the Boyd R. McCandless Award from the American Psychological Association (Developmental Psychology), the Distinguished Scientific Award for an Early Career Contribution to Psychology from the American Psychological Association, a Guggenheim Fellowship, a fellowship at the Center for Advanced Study in the Behavioral Sciences at Stanford University, a MERIT Award from the National Institutes of Health, and the Ann L. Brown Award for Excellence in Developmental Research.