These are the headlines you Need 2 Know. * **Hush Money: Cohen:** President Trump’s former lawyer and fixer Michael Cohen was sentenced to three years in prison for campaign finance violations, lying to Congress and tax evasion. The judge said Cohen had committed “a smorgasbord of criminal conduct,” while an emotional Cohen apologized and said he felt it was his “duty to cover up [Trump’s] dirty deeds.” Read more [here](https://www.washingtonpost.com/world/national-security/michael-cohen-scheduled-to-be-sentenced-for-crimes-committed-while-working-for-trump/2018/12/11/57226ff2-fcbf-11e8-83c0-b06139e540e5_story.html?utm_term=.4c57c659c759). * **Hush Money: Enquirer:** The publisher of the National Enquirer is cooperating with federal investigators who are looking into the payments Cohen made to silence a woman who said she had an affair with the president. The Enquirer admits it coordinated the payment with Trump’s campaign after denying it for two years. Read more [here](https://www.politico.com/story/2018/12/12/national-enquirers-deal-imperil-trump-1061792). * **May Survives:** UK Prime Minister Theresa May will keep her job after a no-confidence vote failed to deliver the numbers needed to topple her government. May still faces an uphill battle to get the votes she needs for her Brexit plan to pass, as well as the concessions she needs from the EU to make it work. Read more [here](https://www.theguardian.com/politics/live/2018/dec/13/theresa-may-heads-to-brexit-talks-in-brussels-after-seeing-off-vote-politics-live). * **Pelosi Cuts Deal:** Rep. Nancy Pelosi struck a deal with a group of House Democrats that had vowed to vote against her for speaker next month, all but assuring she will be elected. Pelosi agreed to serve a single term, calling herself “a bridge to the next generation of leaders.” Read more [here](https://www.npr.org/2018/12/12/676293936/nancy-pelosi-cuts-deal-with-democratic-rebels-to-ensure-return-to-speakership). * **Apple in Austin:** Apple is spending $1 billion to build an expanded office in Austin, Texas, where it will add as many as 15,000 new employees. That will make Apple the largest private employer in the city. The company is also planning to open new offices and add jobs in Seattle, San Diego, Culver City among other locations. Read more [here](https://www.cnbc.com/2018/12/13/apple-to-invest-1-billion-in-new-austin-campus.html). * **Pics of the Year:** Reuters has released its 100 "Pictures of the Year" for 2018. The images include a bride posing during a total lunar eclipse in Brazil (picture 17), Serena Williams yelling at an umpire (picture 39) and a young girl flanked by reindeer in Mongolia (picture 47). See the photos [here](https://www.reuters.com/news/picture/pictures-of-the-year-2018-idUSRTS27NNG). * **Top Google Searches:** The top Google search for 2018 was The World Cup ー both in the U.S. and the world. Included in the top ten of worldwide Google searches, released by the company, were Avicii, Kate Spade, and Stan Lee. Meghan Markle is number six on the global list ー the only living person found in the top ten. Read more [here](https://www.cheddar.com/videos/googles-top-searches-of-2018-dead-celebrities-world-cup-and-meghan-markle). * **Deadliest Drug:** Fentanyl is the deadliest drug in America for the first time, replacing heroin as the drug most involved in overdoses. According to the CDC, the lethal synthetic opioid was responsible for 18,000 deaths in 2016. Read more [here](https://www.cnn.com/2018/12/12/health/drugs-overdose-fentanyl-study/index.html). * **Ellen:** Ellen DeGeneres is considering whether to retire from her long-running talk show, according to the New York Times. While DeGeneres just extended her contract until the summer of 2020, she was close to declining ー amid conflicting advice. Her brother encourages her to stay with the show; her wife, Portia de Rossi thinks “there are other things she could tackle.” Read more [here](https://www.nytimes.com/2018/12/12/arts/television/ellen-degeneres.html). * **SAG Noms:** A Star is Born, The Marvelous Mrs. Maisel and Ozarklead the SAG nominees ー in the movie and TV categories, respectively ー each with four. BlacKkKlansman and The Favourite had three noms apiece. The awards air on January 27. See full list of nominees [here](https://www.sagawards.org/media/news/releases/nominations-announced-25th-annual-screen-actors-guild-awards%C2%AE). And find all the snubs [here](https://www.hollywoodreporter.com/news/snubs-2019-sag-nominations-1168591). * **Classifieds:** In need of a job? Queen Elizabeth is hiring. HRH is searching for a housekeeping assistant at Buckingham Palace or Windsor Castle. The palace is looking for someone who pays “attention to detail.” The benefits package includes 33 holidays, pension and the best perk ー a live-in option. See the ad [here](https://theroyalhousehold.tal.net/vx/lang-en-GB/mobile-0/appcentre-1/brand-3/user-546379/xf-9630fccb23db/candidate/so/pm/1/pl/4/opp/1928-Housekeeping-Assistant/en-GB). Cheddar's Hena Doba gets into the latest. Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).

Share:
More In Politics
Here's What to Do if You Miss the Tax Day Deadline
The tax deadline in the U.S. is on April 18 this year, and some filers may still not be able to complete their return by then. Cheddar has partnered with Jackson Hewitt to let you know what you can do should you blow the deadline.
What You Need to Know Ahead of Tax Day on April 18
With tax day just five days away, David Ragland, Certified Financial Planner, Certified Divorce Financial Analyst and Chief Executive Officer of IRC Wealth joined Cheddar's Opening Bell to break down everything you need to know ahead of the upcoming tax deadline.
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.
How Inflation Could Shape The Midterm Elections
With the midterms just a few months away, record-setting inflation is weighing on the minds of voters. According to a recent CNN poll, a majority of voters said the state of the economy will play a key role in how they cast their ballot, and 55% said the same of inflation. Joseph Zeballos-Roig, Economic Policy Reporter for Insider, joined Cheddar to discuss how inflation could shape the 2022 midterms, and ultimately determine the balance of power in Congress.
New York City Sees Rise In Crime Rates
The Brooklyn subway attack is the latest in a string of high-profile crimes that have plagued New York City. The surge in crime comes as cities across the country are trying to recover from the pandemic and bring life back to a sense of normal. Joseph Giacalone, professor at John Jay College and retired NYPD sergeant, joined Cheddar's Opening Bell to explain what's behind the rise in crime, and what can be done about it.
Russia Shifts Its War Strategy to Eastern Ukraine
After failing to take control of northern and western Ukraine, Russia is shifting its focus to the east. As both sides continue to pour reinforcements into the region, officials are expecting more conventional combat involving tanks, artillery, and aircraft that could shape the war's biggest battles yet. Doug Collins, a former Georgia congressman, joined Cheddar to discuss the change in Russia's tactics.
Load More