New estimates show more than $60 billion in fraudulent unemployment benefits were paid out during the pandemic, according to a government watchdog.
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need2know-afternoon-edition-021722
Russian Troop Movements, Expulsion of U.S. Diplomat Rachets Up Ukraine Tension
With contradictory reports about Russian troops pulling back or being added to the border with Ukraine and the expulsion of a U.S. diplomat from Russia, tensions in the region appear to be escalating. Jack Detsch, a Pentagon and national security reporter for Foreign Policy, joined Cheddar News to break down the situation. "Certainly a different tone out of Moscow today and a different tone out of the West. Even as the Kremlin has made the case that troops are moving back, the U.S. is saying that is certainly not the case with the satellite imagery that we have pouring in," he said.
Deadly Subway Incidents Spark Calls For Subway Platform Changes
New York City's famous subway system is currently facing scrutiny after several recent attacks on platforms. Now, local leaders in the Big Apple are calling on the MTA. To step in and take action.
High Stakes and Rising Tensions In Ukraine
Tensions in Ukraine continue to rise. According to NATO and U.S. officials, Russian troops are still being built up despite Moscow's claims of de-escalation. However, Ukraine does not believe the troops are enough to mount an invasion. The government in Kyiv has also reported several cyber attacks against its defense agencies and banks which is the largest attack in the country's history. Foreign Affairs Reporter based in Ukrain, Terrell Starr, joined Cheddar to discuss more
Breaking Down the Senate's Latest Kids Internet Safety Legislation
A Senate bill unveiled on Wednesday looks to tackleonline safety for children by regulating Big Tech and social media platforms to deter users from content that can harm their mental health. Irene Ly, a policy counsel for the age-based ratings and review organization Common Sense Media, joined Cheddar News to break down the potential of the Kids Online Safety Act. "We can't be imposing such a big burden on parents to be doing it all on theirselves," Ly said. "I think you also have to keep in mind that parents often didn't grow up with social media, so they don't understand what it's like to be addicted to social media or really understand how they work."
Investors Could Still Face 'Rockier' 2022 Following Release Fed Reserve Minutes
The Federal Reserve minutes from its January meeting are indicating it's sticking to an interest rate hike in March, but what does the report coupled with ongoing inflation mean for investors going forward? Scott Brown, a market strategist at LPL Financial, joined Cheddar News to break down the minutes and talk about how investors might navigate the rest of the year. "it seems like the market is kind of inclined to trade off these headlines, really, through the first half of the year," he said. "And then, oh, don't forget, we've got midterm elections, which always tend to add a little bit of volatility in the second half of the year." Brown noted that the path forward for stock investors in 2022 would be "rockier" than last year.
need2know-afternoon-edition-021622
need2know-afternoon-edition-021622
New Senate Bill Would Require Big Tech to Provide More Protections for Kids
Senators Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) have introduced a new bill to afford greater protection to minors on social media. The genesis of the Kids Online Safety Act came from a Facebook whistleblower case exposing the harm apps can have on the mental health of young girls.
China Brings 'Friends’ Back to Streaming — But With LGBTQ+ Content Cut
The Chinese government brought the sitcom "Friends" back to its streaming services. However, it had instances of LGBTQ+ references left out, after the series had been banned on Chinese streaming platforms for years.
