These are the headlines you Need 2 Know. * **Capital One Hack:** A woman has been charged in connection with a massive Capital One data breach. The alleged hacker, Paige Thompson, gained access to more than 100 million credit card applications and accounts over a 14-year period. Thompson worked for Amazon Web Services, which hosted the Capital One database that was breached. The breach includes 140,000 Social Security numbers and 80,000 bank account numbers. [NPR](https://www.npr.org/2019/07/30/746475401/woman-charged-as-hacker-of-capital-one-data-that-exposes-over-100-million-custom). * **Brazil Prison Murders:** At least 57 prisoners were killed by fellow inmates at a prison in northern Brazil. Sixteen of those killed were decapitated. Authorities say members of an organized crime group set fire to a part of the prison housing another organized crime group. Police couldn’t enter the prison for hours as a result of the fire, which spread quickly. [AP News](https://www.apnews.com/e7ae37c2223b4a2a8e81c93a58e0ca2e). * **Calif. Food Festival Shooting:** Police say the 19-year-old gunman who opened fire at the Gilroy Garlic Festival bought his "AK-47-type" weapon legally in Nevada. Among the three victims killed were two kids: 6-year-old Stephen Luciano Romero and 13-year-old Keyla Salazar. Twenty-five-year-old Trevor Irby is the third victim. The motive is still unknown. [CBS News](https://www.cbsnews.com/live-news/garlic-festival-mass-shooting-gilroy-california-victims-suspect-santino-william-legan-live-updates/). * **Democratic Debates: Round Two:** Tonight is the first night in the second round of Democratic debates. Taking the stage tonight in Detroit: Pete Buttigieg, Bernie Sanders, Elizabeth Warren and Beto O’Rourke. The debate starts at 8pm ET on CNN. Here’s everything you Need2Know: [Read it](https://www.politico.com/story/2019/07/30/democratic-debate-2019-detroit-time-date-candidates-details-1439241). * **9/11 Bill:** President Trump has signed legislation that effectively gives permanent funding to sick 9/11 responders. The president was joined by first responders and their families for the signing in the Rose Garden. The bill, called “Never Forget The Heroes,” is named in honor of first responders James Zadroga, Ray Pfeifer and Luis Alvarez. [ABC News](https://abcnews.go.com/Politics/trump-signs-911-victim-compensation-fund-bill-responders/story?id=64630468). * **India’s Tigers:** India’s Bengal tiger population has grown to almost 3,000, a 33 percent increase since 2014. Prime Minister Narendra Modi called the tiger count a “historic achievement” for India, where the national animal is endangered. Some caution India’s conservationist training is “abysmal.” [CNN](https://www.cnn.com/travel/article/india-tigers-modi-scli-intl/index.html). * **Uber Layoffs:** Uber has laid off one third of its global marketing team, giving about 400 people the pink slip. The company, which went public in May, lost about $1 billion in the first three months of the year. The ride-hailing company faces questions about its profitability. [NY Times](https://www.nytimes.com/2019/07/29/technology/uber-job-cuts.html). * **’Old Town Road’ Still on Top:** Lil Nas X’s Old Town Road has spent 17 weeks at the top, breaking the Billboard Hot 100’s record as longest-running No. 1 single. The 20-year-old singer dethroned One Sweet Day and Despacito, which both held the top spot for 16 weeks. In the last week, the song had 72.5 million streams in the U.S. [Billboard](https://www.billboard.com/articles/columns/chart-beat/8524235/lil-nas-x-old-town-road-longest-number-one-hot-100). * **Lori Loughlin’s Daughters:** The daughters of Lori Loughlin and Mossimo Giannulli have broken their social media silence by posting happy birthday messages to Loughlin on Instagram. Olivia Jade and Bella had been mum on their pages since their parents were charged in connection with the college admissions scandal. [See posts](https://abcnews.go.com/GMA/Culture/lori-loughlins-daughters-break-social-media-silence-varsity/story?id=64636596&cid=clicksource_4380645_null_card_hed). * **Copycat:** A jury in California has found Katy Perry guilty of copyright infringement. The suit against Perry was brought by Marcus Gray, a Christian rapper, who claims Perry’s Dark Horse was similar to his song, Joyful Noise. [Hollywood Reporter](https://www.hollywoodreporter.com/thr-esq/katy-perrys-dark-horse-copied-christian-rap-song-jury-finds-1227297). * **Food Sharing:** You may be closer to your delivery driver than you think. A new study by US Foods shows 28 percent of delivery drivers have taken food from an order. More than half of delivery drivers said they are tempted by the smell of the food they’re delivering. [Read the report](https://www.usfoods.com/our-services/business-trends/2019-food-delivery-statistics.html). Cheddar's Hena Doba and Jill Wagner get into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com) and listen to our morning podcast wherever you get your podcasts.

Share:
More In Business
Digitally Native Brands Look to Expand Brick-and-Mortar Locations
Digitally native stores like Allbirds and Everlane are beginning to target the suburbs as they look to expand their physical retail locations. It comes as reports show that a large portion of shoppers prefer to make their purchases in store. A new Deloitte report shows that 55 percent of shoppers who began their product search online, ended up making their purchase in store. Nikki Baird, VP of Strategy at Aptos, joined Cheddar's Opening Bell to discuss.
Russia Defaults On Some Of Its Foreign Debt
Russia has defaulted on some of its foreign debt as a tidal wave of western sanctions threatens its economy. The credit ratings agency S&P has placed Russia under "selective default" after it tried to pay its latest obligations in rubles. Russia now has a 30-day grace period to resolve the issue, but Moscow is threatening to take legal action. George Seay, Annandale Capital's CEO, joined Cheddar to break down what this means, and how Russia defaulting on its debt might impact the global economy.
Shanghai Lockdowns Threaten Economy, Supply Chains
China's zero-covid policy may pose a wide-ranging threat to the local, and overseas economy. Analysts voicing concern on the strict lockdown in Shanghai as businesses and ports remain shuttered, potentially threatening the global supply chain. Shehzad H. Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
Heather Boushey On Inflation Rising The Most Since 1981
The consumer price index in March rose by 8.5% from a year ago, the fastest annual gain since December 1981 and one-tenth of a percentage point above the estimate. The rise in prices is driven by strong consumer demand, supply-chain disruptions and skyrocketing energy costs related to Russia's invasion of Ukraine. Heather Boushey, Council of Economic Advisers Member for President Biden, joined Cheddar's Opening Bell to give her reaction to the latest inflation numbers.
Could India Become The Next China?
As China faces backlash from its response to Russia's invasion of Ukraine, the U.S. is strengthening its relationship with India. India is expected to become one of the top three economic powers in the world over the next 10 to 15 years, bolstered by technological advances and the manufacturing sector. Samir Kapadia, CEO and Principal of The Vogel Group, joined Cheddar to discuss the state of India's economy, and how it can only grow from here.
Consumer Debt Surges As Inflation Takes Its Toll
Americans racked up the most monthly consumer debt in over a decade in February. According to a report from the Fed, consumer debt rose by nearly $42 billion, an annual increase of roughly 11%, far outpacing expectations. Rebecca Walser, President of Walser Wealth Management. Rebecca, joined Cheddar's Opening Bell to break down this data, and discuss how this could impact the consumer moving forward.
Dallas Cowboys Partner With Crypto Platform Blockchain.com
The Dallas Cowboys have joined forces with cryptocurrency platform Blockchain.com as the NFL loosens restrictions on teams making such deals. The partnership won't open the door for crypto use at AT&T stadium but will provide for some exclusive fan experiences.
How Small Business Owners Might Navigate Fed Interest Rate Hikes
With the Federal Reserve looking to accelerate interest rate increases throughout the year, Andrew Gonzales, president, and co-founder of BusinessLoans.com, joined Cheddar News to talk about ways small businesses, already afflicted by high inflation and recovery from the pandemic, can get ahead of the curve and take action. Gonzalez stated that companies should invest in technology to manage daily tasks, in marketing with an emphasis on customer retention, and goods purchased in bulk. "So you'll know exactly what you'll be paying and you won't be caught off guard when, when rates do continue to rise," he explained.
Load More