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
Pear Therapeutics CEO on How Its Apps Work for Conditions Like Addiction
Digital medical care provider Pear Therapeutics rang the closing bell on the Nasdaq Friday and President and CEO Dr. Corey McCann, joined Cheddar to talk about how the company plans to grow the business of software-based therapeutics and how the first FDA authorized prescription digital therapeutics company will go about treating illnesses like insomnia and addiction. "These really are pieces of software. In many cases, they're apps and in the cases of our addiction products, these are based on something called cognitive behavioral therapy or CBT," he said. "These products change the patient's brain circuitry to help them be abstinent, to help them stay in treatment, and that's exactly what we see in randomized clinical trials and that's what we see in the real world." He also addressed the ongoing mental health crises brought on by the pandemic. **copy updated to remove IPO information as Pear Therapeutics went public in December**
Bitcoin Price Tumbles First Week of 2022
Ben Armstrong, founder of Bitboy Crypto, joins Cheddar News to discuss Bitcoin's downward trend and what's next for crypto after protests in Kazakhstan cause crypto miners to shut down.
Pearson CEO Says Flexibility Is Key to Maximize Remote Instruction for Students
The highly transmissible omicron variant of COVID-19 has forced school districts nationwide to return to virtual instruction, but there remain concerns about the quality of education students are receiving online. Andy Bird, CEO of Pearson, an education publisher and assessment service provider, joined Cheddar's "Opening Bell" to talk about steps educators and parents can take to make the remote learning experience an easier one, noting that one of the biggest advantages teachers can have is flexibility. "You cannot take a rigid timetable that works in the analog world and replicate that in the digital world. You need to have flexibility. Asynchronous learning, I think, is a very important part," he told Cheddar.
2022 Goals for Business Owners
Julie Elledge, Founder and CEO of Mentor Agility, joins ChedHER to discuss what goals business owners should set in the new year, and what tools are out there for emerging entrepreneurs.
Load More