Here are the headlines you Need2Know for Thursday, September 23, 2021:

TUNE IN TODAY: Cheddar is sitting down with the WSJ reporters who broke a series of bombshell reports on Facebook: WATCH LIVE

VACCINE LATEST

The FDA has authorized booster shots for Pfizer vaccine recipients who are 65 and older, or at high risk of contracting the virus, including at their jobs. Today, the CDC’s advisory panel is expected to decide exactly who that should apply to, as well as what to do about those who got the Moderna or J&J shots. Separately, a study that measured antibody levels in umbilical cord blood found that 100% of newborns whose moms were vaccinated with Pfizer and Moderna had protective antibodies passed onto them at birth. BLOOMBERG

BORDER CRISIS

U.S. officials are releasing some of the Haitian migrants who have congregated at the southern Texas border town of Del Rio into the country to await asylum hearings, while continuing to deport others on flights back to Haiti. The sudden surge of migrants is being attributed to confusion over the White House’s immigration policies combined with misinformation being shared on social media and WhatsApp that is leading more people to make the trip. AP

BIDEN AGENDA ON THE ROPES

President Biden is taking a more hands-on approach in getting his economic agenda through Congress, huddling with both progressive and centrist Democrats whose divisions are threatening to torpedo more than $4 trillion in new spending. The party is deeply divided over the size, scope and timing of both the infrastructure bill and the $3.5 trillion social spending bill. And there’s a series of deadlines looming: the House plans to take up the infrastructure bill next week. There’s also a deadline to fund the government approaching, followed by another deadline to raise the debt ceiling. Republicans say they’ll allow a default if Biden doesn’t abandon the $3.5 trillion bill. POLITICO

MURDER RATE

Murders in the U.S. rose by a shocking 30% last year for the biggest spike in recorded history, according to new FBI data. The national murder rate was up across the board, not just in big cities, and wasn’t obviously attributable to any specific local policies. Guns were the weapon of choice in 77% of murders, the highest share ever. The murder rate is still a third lower than its peak in the early 1990’s, and the rate of increase this year doesn’t look like it will match last year. AXIOS

FED DECISION

Wall Street rallied out of a multi-day slump after the Federal Reserve signaled that it wasn’t quite yet ready to start “tapering” its aggressive bond-buying program that’s widely seen as having helped keep the economy from collapsing during the pandemic. The central bank indicated that it plans to start that process later this year. The Fed also held interest rates steady and said it didn’t see a rate hike in the cards until next year at the earliest. CHEDDAR

THE TOAST OF BEANTOWN

The restaurant-software startup Toast went public with a bang, with shares jumping 63% in their debut on the NYSE. The IPO values the company at more than $20 billion. Toast is the second blockbuster IPO to come out of the Boston start-up scene in a week after the biotech firm Ginkgo BioWorks scored a multi-billion dollar valuation in its debut. BOSTON GLOBE

FACEBOOK UNDER FIRE

Mike Schroepfer, Facebook’s chief technology officer and one of its highest-level executives, is stepping down from his job after 13 years. It’s among the most notable departures at Facebook in years and comes at one of the most turbulent moments in the company’s history as the social-media behemoth fends off a rolling wave of controversies. THE VERGE

'SNL' RETURN

Saturday Night Live has locked in the first batch of hosts and musical guests for the upcoming season: Owen Wilson and Kacey Musgraves will open the show’s 47th season next weekend, followed by Kim Kardashian and Halsey the following week. That will be the first time a Kardashian has hosted the show. Still no word from NBC on casting changes. SNL will also be livestreamed on Peacock this season for the first time. VARIETY

SPOTTED...

…the trailer for Britney vs. Spears, another Britney Spears documentary that’s coming to Netflix next week: WATCH

LEFTOVERS: TICKET TO PARADISE

The tiny British territory of Montserrat in the Caribbean is known for its gorgeous beaches and active volcanic landscape. It’s also the site of one of the more controversial and hidden experiments of the pandemic. The island opened its borders back up to tourists in April -- but only to those above a certain income who agree to stay there for at least two months. The rules are meant to retain some tourism revenue while also keeping the coronavirus out. To date, just 21 people from seven families have met the selective criteria to live on the island for the mandatory 60-day stay. In return, they've been given exclusive access to the nearly empty beaches and a life where Covid doesn’t really exist. The bubble is about to burst, though: all vaccinated travelers will be allowed into Montserrat starting Oct. 1. NY TIMES

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.
Load More