Here are the headlines you Need2Know for Friday, May 28, 2021:

Bonus: Need2Know Presents: Instant Summer! The unofficial playlist for Hot Vax Summer is streaming here.

HOT VAX SUMMER

Memorial Day Weekend 2021 is set to look a whole lot different -- and a whole lot better -- than last year’s unofficial start to summer. Daily COVID cases  are going down about 20 percent a week as vaccinations continue. Air travel is expected to be 60 percent higher than it was this time last year. The Indy 500, known as the “world’s largest sporting event,” will welcome a sold-out crowd of 135,000 fans on Sunday. The bad news: the weather is going to be dreary, cool and rainy for the Midwest and Northeast through much of the weekend. FORECAST

BIDEN BUDGET

President Biden will unveil his first budget today that will take the U.S. to its highest levels of federal spending since WWII. The $6 trillion budget incorporates the administration’s stimulus bill, infrastructure plan, and “mandatory” spending on things like defense, Medicare and Social Security. The budget would run a deficit of $1.8 trillion to finance the spending, despite a slew of new tax increases, mostly on corporations. USA TODAY

GOP CIVIL WAR

Former House Speaker and one-time VP candidate Paul Ryan criticized the party’s allegiance to former President Trump in a speech calling on Republicans to re-embrace traditional conservative values. Ryan’s entry into the GOP’s civil war comes as Senate Republicans prepare to block an independent panel from investigating the Jan. 6 Capitol riot. A new poll from the Public Religion Research Institute finds that QAnon is now more popular than some religions, with 15 percent of Americans believing that “patriots may have to resort to violence” to restore the country’s rightful order. NY TIMES

CONGO VOLCANO

Thousands of people have fled the city of Goma in the Democratic Republic of Congo due to an active volcano. Mount Nyiragongo already erupted once, spewing lava and ash on the nearby city. At least 32 people were killed and thousands more left homeless. Officials say the volcano could blow again with little or no warning: SEE PICS

PARTY BAN

Airbnb is extending the platform-wide ban on parties at least through the summer “in the best interest of public health.” The home-rental company says the party ban has been popular with its hosts, many of whom already don’t allow parties or large gatherings at their properties. BBC

A.I. RACE

Microsoft’s president is warning that lawmakers have to step up regulation of artificial intelligence, saying George Orwell’s dystopian novel 1984 “could come to pass in 2024” if measures aren’t taken to protect the public. In a new BBC documentary, Brad Smith of Microsoft explains how A.I. is now advancing so quickly that the technology is reaching a point where policy will be difficult to implement. Former Google CEO Eric Schmidt has also been warning that China is quickly catching up to the U.S. when it comes to A.I., calling it a “national emergency.” BBC

FAN BANS

The fans are back for the NBA playoffs, and they are rowdy. Too rowdy, in some cases. Three teams have banned spectators from their arenas this week. The Knicks indefinitely barred a fan from Madison Square Garden for spitting on Hawks guard Trae Young during Wednesday’s game. The Sixers also banned and revoked the season tickets of the fan who dumped popcorn on Russell Westbrook of the Wizards as he was walking off the court with an ankle injury. In that incident, Westbrook had to be restrained from going after the person. And the Jazz banned three people who reportedly made lewd and racist remarks to the parents of Grizzlies star Ja Morant as they watched their son play. CNN

HOLIDAY BOX OFFICE

The blockbusters are starting to come back. Cruella, Disney’s latest tentpole, hits theaters and Disney+ today (where it’ll cost you $30 on top of your subscription). The live-action 101 Dalmatians prequel starring Emma Stone is getting pretty good reviews, with critics calling it fashionable, punk rock, chaotic, absurd, fun, and even transgressive. The other big holiday release is A Quiet Place Part II, which is bypassing streaming and opening exclusively in theaters to rave reviews. Hollywood’s expecting this to be the biggest weekend at the box office since the pandemic began. BO MOJO

SPOTTED...

…Abbigail Bugenske, the first winner of Ohio’s vaccine lottery, Vax-a-Million. The recent college grad was driving when she got a call from Gov. DeWine telling her she won the first $1 million jackpot: WATCH

LEFTOVERS: LITTLE GENIUS

A toddler from Los Angeles is the youngest member of American MENSA, the “genius society” for highly intelligent people. Kashe Quest is 2 and already has an IQ of 146 (the U.S. average is about 100...on a good day). She knows all 50 states by shape and location, can count to 100 and is currently learning Spanish and ASL. Despite her place in the second percentile of intelligence, Quest’s mom says she’s also a typical toddler who loves Paw Patrol and isn’t afraid to throw a tantrum. TODAY

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Rep. James Clyburn on Honoring Martin Luther King Jr. and Fate of the Filibuster
With Martin Luther King Jr. Day fast approaching, Rep. James Clyburn (D-S.C. 6th District), the House Majority Whip, talked about the importance of honoring the iconic civil rights activist. "As we consider the life and celebrate the legacy of Martin Luther King Jr., let's think about who and what we are as a country, and whether or not we're going to give up on the ideals of this country or continue to press forward," he said. Clyburn also discussed the push for new voting legislation, the For the People Act and the John Lewis Act, as well as the fate of the Senate filibuster.
Game On for Sports Betting in New York
It was 'game on' for sports bettors in the state of New York, as mobile betting kicked off on four major betting operating platforms Saturday. This comes at an exciting time for sports fans with some of the biggest NFL games of the season right around the corner. Cam Rogers - Host of Lock It In with Cam Rogers, Betting Analyst at the Bleav Podcast Network joined Cheddar's Opening Bell to discuss.
U.S. Purchases 600K Doses of New Antibody Treatment Amid Omicron Surge
The United States purchased over 600,000 doses of a monoclonal antibody treatment from Glaxosmithkline and Vir Biotechnology, bringing the total worldwide doses purchased to 1.7 million. This comes as the country attempts to ramp up treatment options as cases of the omicron variant continue to surge. Dr. Asha Shah, Director of Infectious Diseases at Stamford Health joined Cheddar's Opening Bell to discuss.
Victor Cruz Might Even Flip Burgers Himself for His Krystal Restaurants Franchise in NJ
Former wide receiver for the New York Giants, Victor Cruz has partnered with Krystal Restaurants, a popular burger chain in the South, to bring the franchise to his home state of New Jersey. Cruz and Alice Crowder, CMO of Krystal Restaurants, joined Cheddar's Opening Bell to discuss the venture. The five new locations will be known as "Victor Cruz's Krystal," decked out with memorabilia from his football career, with the former player explaining how "hands-on" he plans on being. "You never know, OK? You might walk in and Victor Cruz will be flipping a burger back there, and you might be getting it directly from the source," he said.
Sports Betting Industry Growth
Max Bichsel, vice president at Gambling.com Group joins Cheddar News to talk about the growing sports betting industry, New York legalizing mobile betting, and 2022 predictions for the sector.
Massive Gaming Deal as Take-Two Interactive Acquires Zynga
Mario Stefanidis, Vice President of Research at Roundhill Investments, joined Wake Up With Cheddar to break down the implications of the Take-Two deal to purchase Zynga, as the gaming giant looks to become a major player in mobile gaming.
As the Covid Crisis in Schools Ramps Up, Educational Leaders Struggle
Covid cases have started to spike again across the nation, and this time they seem to be hitting some of our youngest and most vulnerable - school-aged children. School districts across the nation - including the country's largest public school system in New York City- are all grappling with what to do as teachers and students alike continue to miss school in droves. Katie Honan, reporter for the New York City-based non profit news organization, The City explains how educational leaders across the country are handling covid demands from both teachers and parents alike.
Bitcoin Dips Below $40K As Death Cross Looms
For the first time since September, Bitcoin fell below $40,000 early Monday. The currency's average short-term price has now dipped below its average long-term price, which is known by a rather dramatic term, a death cross. According to analysts, the indicator appears to be a result of mounting concerns of faster liquidity withdrawal by the US Federal Reserve. The crypto slump also follows a week of rough trading for equities overall. CEO Snickerdoodle Labs and Co-Founder of the Stanford Future of Digital Currency Initiative, Jonathan Padilla, joined Cheddar to discuss more.
America's Mothers Still Struggling to Balance Work and Child Care Post Pandemic
Throughout this pandemic, we witnessed a mass exodus of women in particular, from the workforce. A number of women say an increase in home and child care responsibilities forced them to make a decision they never thought they would; to simply quit their jobs. Many others had the decision made for them and were laid off. In fact, we did a LinkedIn poll today where 29 percent of women said their careers took a back seat. Reporting Fellow at Type Media Center and Author of "Work Won't Love You Back" Sarah Jaffe, joined Cheddar to discuss more.
Load More