Get the Need2Know newsletter in your inbox every morning! Sign up here!

Here are the headlines you Need2Know for Friday, October 1, 2021:

SHUTDOWN AVERTED

Congress passed a short-term bill to keep the federal government open, which President Biden signed with just hours to spare. That averts one crisis as Democrats continue to negotiate with Republicans on raising the debt ceiling, and among themselves on the two big spending bills that make up Biden’s economic agenda. The infrastructure vote was postponed, but could happen today. The impasse on the bigger bill remains after Sen. Joe Manchin said he won’t go higher than $1.5 trillion, while progressive want $3.5 trillion. AP

COVID LATEST

The state of the pandemic in the U.S. is getting better. New cases are continuing to steadily decline, especially in the southern states hit hardest by the Delta wave. Florida is down from an average of 20,000 new cases a day in August to just 6,000 a day now.  The R-rate, or reproduction rate -- the calculation of how many new infections are caused by a single Covid case -- is now below 1 in 47 states. Still, the recovery isn’t equal: Alaska is now experiencing the most pronounced spike in the country, straining its few hospitals. And amid the promising news, the country is on track to pass 700,000 confirmed deaths this weekend. NY TIMES

MAIL SLOWDOWN

Mail delivery will start to slow today, as the U.S. Postal Service implements new service cuts that are part of the postmaster general’s 10-year plan to cut costs and modernize the agency. The service cuts will affect about 40% of first class mail, specifically mail that has to travel longer distances. The changes mean that if you’re mailing a card, letter or bill across the country you should budget up to five days for it to reach the destination. USA TODAY

'SECRETARY OF EVIL' TRIAL

German police apprehended a 96-year-old alleged war criminal after she skipped out on her scheduled trial. Irmgard Furchner disappeared from her nursing home hours before she was due to stand trial for aiding and abedding 11,000 murders when she was a secretary at a Nazi concentration camp during the Holocaust. Furchner did not get very far before she was found and detained. The case is getting extraordinary attention not only because it’s likely one of the last Nazi trials, but because Furchner was a civilian. BBC

SEPTEMBER SLUMP

September was the worst month for the stock market since March 2020, when the seriousness of the pandemic sent a shockwave down Wall Street. The S&P lost 5% for September, though the index still managed to eke out a gain for the third quarter. CHEDDAR

FACEBOOK WHISTLEBLOWER

The Facebook employee who leaked thousands of pages of internal documents to the Wall Street Journal will reveal her identity on 60 Minutes Sunday. That whistleblower is also expected to testify in front of Congress next week after providing regulators with the same material she gave to the Journal. At a separate hearing on Thursday, a top Facebook exec faced a grilling from senators who compared the company to Big Tobacco for going after children with a product they know is harmful to their health. CBS NEWS

PRODIGAL SON RETURNS

This Sunday will deliver one of the most anticipated early-season NFL matchups in a long time. Tom Brady and the Tampa Bay Bucs are playing the New England Patriots in Foxboro for the first time since Brady decamped to win a Super Bowl with his new team. The game will pit Brady against former coach Bill Belichick amid more reports of bad blood between the two. There are memes galore ahead of the showdown, and NBC’s so excited they licensed an Adele song for the promo: WATCH

HOLLYWOOD STRIKE WATCH

Tens of thousands of Hollywood craftspeople will start voting today on whether to authorize a strike that would shut down TV and film production nationwide. The International Association of Theatrical Stage Employees union has been at an impasse with the studios over its contract. Many production workers have been complaining that the boom in streaming has created untenable working conditions, leaving them exhausted. Among the things IATSE is asking for is a mandatory 10-hour minimum “turnaround” time between production days and an end to the notorious “Fraturday” Friday-Saturday overnight shift. VARIETY

SPOTTED...

...Padres superstar Fernando Tatis Jr., drilling a home run out of Dodger Stadium: WATCH

...Mick Jagger, going unnoticed as he grabbed a beer at a local bar in Charlotte. The Stones are on tour without their beloved drummer Charlie Watts, who died in August: SEE PIC

…Jon Stewart, returning to television with his new Apple TV+ talk show, The Problem w/ Jon Stewart. The biweekly series is a more serious look at current events than The Daily Show, but with a dash of Stewart’s trademark humor: READ REVIEW

LEFTOVERS: STAR POWER

The Super Bowl halftime show is set: Dr. Dre, Snoop Dogg, Mary J. Blige, Kendrick Lamar and Eminem will share the stage at the big game in February. Super Bowl LVI is happening at the new SoFi Stadium in Los Angeles, and three of the performers -- Dre, Snoop and Kendrick -- hail from the southern California rap scene. ESPN

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
GOP Stunner, Vax for Kids Approved & Braves Win!
Carlo and Baker discuss the election results across the country, including a Republican comeback in Virginia -- and possibly NJ -- plus the CDC gives the go-ahead for child vaccinations, Atlanta wins the World Series and more.
Vacasa Releases New Homeowner App
Vacasa is the largest full-service vacation rental property management company in the United States. Today, it announced the launch of a new homeowner app to help users monitor how the company is managing their vacation rental homes. It comes as consumer confidence in travel is on the rise ahead of the holiday season. Vacasa CEO Matt Roberts joined Cheddar News' Closing Bell to discuss.
'Oneof' Teams Up with The Recording Academy to Offer NFTs
Everyone is stepping into the NFT space, including the Grammys. 'Oneof' is entering a three-year partnership with The Recording Academy to release exclusive NFTs commemorating the 64th, 65th, and 66th Annual Grammy Awards. A portion of the proceeds will also go to The Recording Academy's scholarship fund. Adam Fell, co-founder and board member of Oneof and the president of Quincy Jones Productions, joins Cheddar News to discuss the announcement.
'THEMAGIC5' Lands Million Dollar Deal on ABC's 'Shark Tank'
'THEMAGIC5' produces swimming goggles that contour the face using advanced robot technologies and 3D printing. Both of the company's founders Bo Haaber and Rasmus Barfred went on ABC's 'Shark Tank' and caught a $1 million deal. The duo join Cheddar News to talk about what the new funding means for the company.
October Becomes Best for Bitcoin Price Action Since December 2020
Things are looking up for everyone's favorite crypto. Bitcoin rallied nearly 40% in October, hitting a record high of $66,975. That was the biggest single-month percentage rally since December 2020. On Monday morning, Bitcoin was trading 2.4% higher while Ethereum and Dogecoin were trading at 1.71% and 3.95%. Ben Armstrong, founder of BitBoy Crypto, joins Cheddar News to talk about the latest in the crypto space.
Virginia's Dead Heat Governor Race
Laura Vozzella, local reporter for The Washington Post, joins Cheddar News to discuss the close gubernatorial race in Virginia and what voters are looking for in each candidate.
SCOTUS Hears Arguments in Texas Abortion Law
The U.S. Supreme Court takes a closer look at the Texas abortion law that was designed by its sponsors to evade constitutional review in federal court. Katie Barlow, journalist and social media editor at SCOTUSblog joins Cheddar News to breakdown what was discussed.
Sunrise Movement Youth Activists Call on Biden to Follow Through on Climate Promises Amid COP26
John Paul Mejia, the national spokesperson for the Sunrise Movement, joined Cheddar to talk about what the youth activist group wants to see from President Joe Biden as he attends the COP26 climate summit. Mejia admonished the president for having little to deliver on his own climate agenda domestically while at the conference. "We need the president to follow through with his promises because, frankly, it's a matter of life or death not only for communities here in the United States but also those looking to us around the world," he said.
Load More