Here are the headlines you Need2Know for Tuesday, September 8, 2020:

ELECTION 2020: THE FINAL SPRINT

The presidential election is officially underway, with North Carolina the first state to begin sending out ballots by mail. Joe Biden is maintaining a fairly stable lead of about 8 points nationally, though the race has tightened in crucial battleground states like Pennsylvania. The president’s reelection campaign is facing a cash crunch after blowing through $800 million, even as Biden raised a record $365 million in August. Election Day is 56 days away; the first debate is three weeks from tonight. NY TIMES

CLIMATE CHANGE: CALIFORNIA

HEAT: Southern California is coming off a record-breaking heat wave that scorched the state over the holiday weekend. L.A. County set a new all-time high temperature on Sunday: 121 degrees in Woodland Hills. Meteorologists say the last time it was that hot in Los Angeles was 125,000 years ago. NPR

FIRES: The unrelenting heat led to new wildfires across the state, which has now set a record of 2 million acres burned this year. The El Dorado fire in San Bernardino County is now at 10,000 acres and growing -- fire officials say it was sparked by a pyrotechnic device used in a gender-reveal party. SF CHRON

COVID-19: LATEST DEVELOPMENTS

Congress returns from recess today for an abbreviated pre-election session that will be dominated by negotiations over a new stimulus bill. The GOP-controlled Senate is expected to pass its own “skinny” bill, but it faces opposition from the Democratic-controlled House, which passed its own larger bill months ago. Overseas, India has overtaken Brazil to claim the second-worst caseload after the U.S.,  while China has declared success in beating the virus. CHICAGO TRIB

SOCIAL UNREST

Two people were arrested during violent clashes between Trump supporters and counterprotesters in Salem, Ore., as demonstrators marked 100 consecutive nights of protests 45 miles away in Portland. Jacob Blake, the Black man shot by police in Kenosha, Wis., spoke over the weekend from his hospital bed, as Sen. Kamala Harris met with his family on her first campaign swing through Wisconsin. CNN

LIVING AT HOME

For the first time since the Great Depression, the majority of young adults in the U.S. are living with their parents. In July, 52 percent of Americans aged 18-29 were living with one or both of their parents, up from 47 percent in February. The statistic cuts across all racial and ethnic groups, genders, and locations -- a sign of how hard the pandemic and economic downturn has hit the younger generation. PEW

IPHONE RUMOR MILL

The week or so after Labor Day is typically when Apple unveils its new iPhones. Things are a bit delayed this year -- there’s still no official announcement of an upcoming Apple event -- but the rumor mill is in full swing nonetheless, especially given that Apple is expected to drop the first fully redesigned device since the iPhone X. Here’s a good rundown of what the new line of iPhones will look like, what’ll be under the hood, and when we might see them: THE VERGE

TENNIS NO. 1'S

The U.S. Open men’s trophy is now up for grabs after No. 1 Novak Djokovic was disqualified from the tournament. Djokovic was DQ’ed after he inadvertently hit a line umpire in the throat with a ball when he swatted it in frustration after losing a serve. On the women’s side, No. 1 Ash Barty says she won’t defend her French Open title later this month, citing the coronavirus. Barty is not currently playing at the U.S. Open for the same reason. ESPN

BOX OFFICE

Christopher Nolan’s Tenet grossed about $20 million in its first weekend in North American theaters, a result that would have been considered an unmitigated disaster for a $200 million blockbuster in a normal year, but one that analysts are calling “fair” given the circumstances. In some ways, Tenet’s release makes things harder for studios going forward: if the numbers came in better, it may have signaled moviegoers are ready to come back to the theaters in the fall; if they were worse, it would have given cover to delay the rest of the year’s releases until 2021. VARIETY

SPOTTED...

Jeff Goldblum and Sam Neill, taking a break from filming the new Jurassic World movie to sing a duet. In the upcoming film, Goldblum and Neill -- aka Dr. Ian Malcolm and Alan Grant -- will be on screen together for the first time since the original Jurassic Park came out in 1993: WATCH

LEFTOVERS: FULL OF S---

The city of Danbury, Conn. has agreed to rename a sewage treatment plant after the comedian John Oliver on the condition that Oliver show up for the ribbon-cutting ceremony. Oliver had offered a $55,000 donation to charity if the city put his name on the sewage facility, part of a running bit on Oliver’s HBO show, Last Week Tonight. DANBURY NEWS 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
Winter Fire Safety Tips to Protect Families
Daniel Madrzykowski, research director at the UL Fire Safety Research Institute, joins Cheddar News to discuss the deadly Bronx fire that killed 19 people and fire safety tips that people need to know about.
U.S. Stocks Close Mixed as Nasdaq Closes at Session High
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
CrossTower Partners With BankProv to Provide Crypto Lending Platform
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.
Break the Love Raises $2.5 Million Seed Funding Round to Get People Playing Tennis
Next-gen social sports platform Break the Love recently raised $2.5 million in seed funding. Break the Love's platform and iOS app allows users to discover and book group-based tennis activities, to either learn, train, or compete. The new company has already gotten support from a few big names in the world of tennis, including the coach of Naomi Osaka, as well as the United States Tennis Association and the brand Wilson. Break the Love founder and CEO Trisha Goyal joins Cheddar News' Closing Bell to discuss.
Nurses Call For Protection For HealthCare Workers
As the Omicron variant continues to sweep across the country. The US Supreme Court is expected to hear arguments at the end of this week on whether or not the Biden administration can force private companies to vaccinate or test millions of their employees. In addition, the National Nurses United has spearheaded legal action to protect nurses and health care workers, patients, and the public while on the job. President of the National Nurses Union, Zenei Cortez, joined Cheddar to discuss more.
China Crackdown on "Sissy Men"
China's ongoing crackdown of its own entertainment industry has been raising eyebrows for once now. With the ruling Communist Party instructing media companies to boycott immoral and overly entertaining stars. But the country has gone even further. Now experts warn that this could lead to further issues such as gender-based violence. Professor at the Institute of Sociology at National Tsinghua University, Hsiu-Hua Shen, and Associate Professor of Politics at Keough School of Global Affairs at the University of Notre Dame Joshua Eisenman, joined Cheddar to discuss more.
Lawmakers Reflect Back on January 6th Capitol Riots
Today marks one year since the January 6 Attack on the United States Capitol. The Country watched as supporters of then-President Trump stormed what was assumed to be the most secure building in the country in an attempt to stop the certification of the 2020 Election. Several lawmakers, including the Vice President, could be seen ducking down as they feared for their lives. Democratic Michigan Representative Dan Kildee, joined Cheddar to discuss more.
Bed Bath & Beyond's Stock Jumps Despite Earnings Miss as Meme Stock Mania Reappears
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
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**
Load More