As Breast Cancer Awareness Month nears its end and the election looms, healthcare is top of people's minds. It became a focal point during Amy Coney Barrett's Supreme Court hearings as the Affordable Care Act waits for another day in court.
As the CEO of Susan G. Komen, Paula Schneider, a breast cancer survivor herself, told Cheddar's Opening Bell, "People need to care that their healthcare is one of the most important rights that they should have."
During the same interview, journalist Katie Couric, founder of Katie Couric Media, also called healthcare an essential right saying, "if you have a system that isn't open to people, it's just blatantly, terribly, un-American."
The National Cancer Institute estimates that as of January 2019, there are 16.9 million cancer survivors in the United States. This represents approximately 5 percent of the population, and that number of cancer survivors is projected to increase by nearly 30 percent, to nearly 22 million, by 2029.
Now amid the pandemic, people are delaying screening and routine care with a sharp drop in screenings and cancer diagnoses this year. According to a recent JAMA study, breast cancer diagnoses alone saw a 51.8 percent dip in March and April compared to previous years. According to Schneider, some reports show that drop being as large as 80 percent when it comes to breast cancer. "That doesn't mean it's not happening," she said. "It just means it's not being diagnosed, and therefore it's not being treated."
"Ladies get your mammograms."
As for Couric, she has faced the heartbreak of cancer within her own family. Her first husband Jay and her sister Emily both died following their battles with cancer. She said that one of the most important things a support system can do for a cancer patient is just to be there. "When Jay was sick he said having cancer is the loneliest experience in the world," Couric said.
That's part of the reason she partnered with pharmaceutical giant Merck for a new project called Your Cancer Story. The program provides information and support to cancer patients from diagnosis to treatment to survivorship. Couric said she wishes she had access to this kind of program for her own family years ago.
"You can see people talking about what they're going through. You can get advice. You can get guidance. You can get support," she explained. "Other survivors and other caregivers can talk about some of the things they wish they had known."
Daniel Madrzykowski, research director at the UL Fire Safety Research Institute, joins Cheddar News to discuss the deadly Bronx fire that killed 19 people and fire safety tips that people need to know about.
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.
Next-gen social sports platform Break the Love recently raised $2.5 million in seed funding. Break the Love's platform and iOS app allows users to discover and book group-based tennis activities, to either learn, train, or compete. The new company has already gotten support from a few big names in the world of tennis, including the coach of Naomi Osaka, as well as the United States Tennis Association and the brand Wilson. Break the Love founder and CEO Trisha Goyal joins Cheddar News' Closing Bell to discuss.
As the Omicron variant continues to sweep across the country. The US Supreme Court is expected to hear arguments at the end of this week on whether or not the Biden administration can force private companies to vaccinate or test millions of their employees. In addition, the National Nurses United has spearheaded legal action to protect nurses and health care workers, patients, and the public while on the job. President of the National Nurses Union, Zenei Cortez, joined Cheddar to discuss more.
China's ongoing crackdown of its own entertainment industry has been raising eyebrows for once now. With the ruling Communist Party instructing media companies to boycott immoral and overly entertaining stars. But the country has gone even further. Now experts warn that this could lead to further issues such as gender-based violence. Professor at the Institute of Sociology at National Tsinghua University, Hsiu-Hua Shen, and Associate Professor of Politics at Keough School of Global Affairs at the University of Notre Dame Joshua Eisenman, joined Cheddar to discuss more.
Today marks one year since the January 6 Attack on the United States Capitol. The Country watched as supporters of then-President Trump stormed what was assumed to be the most secure building in the country in an attempt to stop the certification of the 2020 Election. Several lawmakers, including the Vice President, could be seen ducking down as they feared for their lives. Democratic Michigan Representative Dan Kildee, joined Cheddar to discuss more.
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
