Here are the headlines you Need2Know for Tuesday, July 13, 2021:

VAX LATEST

The FDA is slapping a new warning on the Johnson & Johnson vaccine due to an increased risk of a rare neurological disorder known as Guillain–Barré syndrome, though regulators say the benefits of the vaccine still outweigh the risk. Data does not suggest a similar risk with the Pfizer and Moderna shots, according to the FDA. Meanwhile, Pfizer reps met with the government about the potential for booster shots, but the U.S. said more data was needed before it could be determined that boosters would be necessary. In Israel, they’ve already started giving third Pfizer doses to some high-risk adults. WASH POST

CHILD TAX CREDIT

The federal government will start sending monthly payments to most American families with children this week, the beginning of the expansion of the child tax credit that was passed as part of President Biden’s stimulus bill. The payments will cut child poverty by nearly half, according to experts -- that is, if they reach their intended targets. Families that file taxes will get the money automatically, but millions of low-income families that don’t file taxes are harder to reach. The White House has opened an online portal for those families to claim their money (here). The payments, up to $300 per child per month, are approved for a year. Beyond that, Congress would have to pass a law to make them permanent. YAHOO FINANCE

HEAT RELIEF

The Southwest is getting some much-needed relief from the heat starting today, with temps forecast to reach highs “only” in the 100s in areas that have seen highs in the 110s. Better yet, rain is coming to the drought-starved region. Arizona could see as much as 5 inches before the end of the week. The rain won’t fall in Oregon and Northern California where firefighters are battling a growing number of wildfires that have been sparked by lightning and which officials say are unprecedented for this early in the summer. NY TIMES

LATIN AMERICA TURMOIL

CUBA: President Biden voiced his support for the people of Cuba after thousands of Cubans took to the streets to protest a food and medicine shortage in one of the biggest demonstrations on the island in decades. Cuba’s president has blamed the unrest on “economic asphyxiation” caused by the U.S. embargo, while Washington said it was the result of years of repressive one-party rule. A large police presence in Havana has put down whatever remained of the protests after the weekend. Dozens of activists have been detained. NBC NEWS

HAITI: The man suspected of masterminding the assassination of Haitian President Jovenel Moise reportedly told a friend that he believed he was “sent by God” to take over the presidency. The mystery surrounding Christian Emmanual Sanon and what exactly his role was in the brazen plot continues to deepen, with other associates saying they had no idea what he was up to. NY TIMES

COFFEE CRUNCH

An historic drought in Brazil is about to make your morning coffee more expensive. Prices for arabica beans, which make up the bulk of Brazil’s coffee crop, are up 60% compared to last summer. In Brazil’s agricultural region of Minas Gerais, now is the time when beans are harvested after soaking up rainfall over the summer months. But this year, the rain never showed up. Other coffee-rich countries like Colombia and Vietnam have had better harvests, but they’re dealing with the global shipping delays and higher freight costs. The result is that global coffee supply is coming in weak just as global coffee demand rebounds out of the pandemic, and it’s only a matter of time until that is felt by consumers. WSJ

FOUR DAY WORKWEEK

The crowdfunding site Kickstarter is the latest U.S. company to test a four-day workweek. Kickstarter CEO Aziz Hasan told Cheddar how the pilot is going to work: starting next year, all employees will be expected to put in 32 hours a week -- not just 40, compressed into four days -- and without a change in their pay. Hasan says he wants his employees to have time for other creative projects and better work-life balance: WATCH

IT'S SHO-TIME

MLB All-Star Week might as well be called Shohei Ohtani Week this year. The Angels’ two-way hitter/pitcher made his highly anticipated Home Run Derby debut last night, where he was ousted by Juan Soto (Mets slugger Pete Alonso won). Tonight, Ohtani will make history as the starting pitcher and lead-off hitter for the American League in the All-Star Game at Coors Field. LA TIMES

JACKASS 4

Paramount has released the first photos from the upcoming Jackass movie, showing a gray-haired Johnny Knoxville getting flung off a raging bull -- a stunt that left the 50-year-old prankster with a concussion, broken rib and broken wrist. Jackass Forever hits theaters in October: SEE PICS

SPOTTED...

… Halle Bailey, who plays Ariel in Disney’s upcoming live-action remake of The Little Mermaid, sharing a first glimpse as the production wraps: SEE IT

...Rihanna and boyfriend A$AP Rocky, shooting a mystery music video together in NYC: SEE PICS

LEFTOVERS: REALITY=SATIRE+TIME

Fans of 30 Rock will remember the running joke on the sitcom about NBC creating a hit reality show called MILF Island, in which “50 sweaty eighth grade boys” are placed on an island with “25 sexy moms.” That was back in 2008. Now a version of that concept has been realized and it’s coming to HBO Max. The streamer dropped the trailer for FBoy Island, which puts three women “looking for love” on a desert island along with 24 men. Half of them are “nice guys” while the other half are self-proclaimed “f-boys” competing for a cash prize. The first three eps drop July 29: WATCH

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
Creator Economy Booms as Platforms Launch Monetization Tools and Perks
The pandemic has supercharged the creator economy, and there are no signs of it slowing down no matter when the pandemic officially ends. Creators prove to be a key factor in driving purchasing decisions and retail sales, and an increasing amount of platforms are taking advantage of the social influence. Karissa Bell, senior editor at Engadget, joins cheddar news to discuss the creator economy boom.
Tesla's 2021 Year in Review
The E-V maker Tesla has had a wild year. The company managed to continue to dominate the U.S. electric vehicle space despite growing competition and production delays. As the end comes to an end, Tesla finds itself growing richer and richer. Author of Risk Ritual Newsletter Richard Smith, joined Cheddar to discuss more.
Former Twitter CEO Jack Dorsey and Andreessen Horowitz Co-Founder Marc Andreesseen Clash Over Web3
Venture capitalists and CEOs are clashing over the future of the internet. Web3 is the tech world's name for a decentralized, blockchain-based internet that runs on cryptocurrency. It was recently the topic of a tweet from Block CEO and former Twitter CEO Jack Dorsey who wrote that Web3 will not actually be owned by users, and instead be controlled by rich venture capitalists. Dorsey later shared that he was blocked on Twitter by Marc Andreesen, co-founder of VC firm Andreesen Horowitz, which has invested billions of dollars into Web3 and crypto projects. Correspondent for DealBook from the New York Times, Ephrat Livni, joins Cheddar News' Closing Bell to discuss what this could mean for the future of Web3.
Gas Prices to Rise in 2022 amid Soaring Demand, Omicron Spread
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
Load More