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."
The six-month trial of Theranos founder Elizabeth Holmes has come to an end with the former tech startup star found guilty of four out of 11 counts of fraud. Michael S. Weinstein, Esq, chair of the white collar criminal defense practice at Cole Schotz, and former Department of Justice trial attorney, joined Cheddar News Wrap to discuss what happens next for the former mogul. "Do I think it's going to be more than five or seven years? Probably yes. I think that's probably a fair range at this point," he said about her potential prison sentence.
We are just one day away from what has been called the most influential tech event in the world. CES 2022 will officially kick off on Wednesday in Las Vegas, but the annual tech summit is being impacted by COVID-19, like so many other recent events. The Consumer Technology Association originally planned for a hybrid event to take place from January 5-8, with some in-person events and some virtual; however, a few big-name companies announced they will not be attending in-person, so the CTA decided to shorten the event by one day, with it now ending on Friday. Consumer electronics senior analyst Will Greenwald joins Cheddar News' Closing Bell to discuss.
California's new composting law will affect what residents do in their kitchens. As of this week, Californians will have to recycle excess food in an effort to reduce emissions caused by food waste. Cities and counties will turn recycled food into compost or use it as a renewable energy source. California's new law is the largest mandatory residential food waste recycling program in the country. Rachel Wagoner, Director of the California Department of Resources, Recycling and Recovery called the law 'the biggest change to trash' since recycling started in the 1980s. She joined Cheddar Climate to discuss.
Fast-casual restaurant chain Sweetgreen is rolling out its first salad subscription service called sweetpass as it looks to customers tackling new year weight loss and health goals. Members will receive up to 30 percent off of purchases.
Washington DC and the surrounding areas saw a record breaking snow storm Monday as a strong storm system works its way across the eastern U.S. The extreme weather event caused extensive damage in the greater Washington area, leaving thousands in the region without power. Jonathan Porter, Chief Meteorologist, AccuWeather, joined Wake Up with Cheddar to discuss the fierce storm.
Airlines canceled more than 3,000 flights on Monday over severe weather and crew shortages. The cancellations come on one of the busiest travel days of the holiday season, and is a continuation of the industry-wide disruption that started before Christmas. Thomas Pallini, Aviation Reporter for Insider joined Wake Up with Cheddar to discuss.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
