These are the headlines you Need2Know:
* **Tamer Hurricane Season Expected:**
The 2018 hurricane season is shaping up to be "below-normal.” Experts with NOAA now predict nine to 13 named storms ー maybe only two major hurricanes of Category 3 strength or higher. Last year there were 17 named storms, and three major hurricanes hit U.S. soil. For more on the condition of the storm, [click here](https://www.cnn.com/2018/08/09/us/noaa-hurricane-season-forecast-wxc/index.html).
* **Space Forces Needs a Logo and a Release Date:**
Vice President Mike Pence says the Pentagon is working to create Space Force, a sixth armed service to beef up military capabilities in space and help protect satellites. The biggest rivals in space are China and Russia. Congress needs to authorize and fund the force. Vote on the logo [here](https://arstechnica.com/tech-policy/2018/08/trump-wants-campaign-donors-to-vote-on-the-logo-for-the-space-force/), and read more [here](https://www.nytimes.com/2018/08/09/us/politics/trump-pence-space-force.html).
* **New NFL Season, More Protests:**
Several players took a knee, raised their fists or stayed off the field during the national anthem at last night’s preseason games. The NFL recently announced a policy that all players must stand for the national anthem, or remain in the locker room without penalty. But that policy is currently on hold. For more on this story, [click here](https://www.nbcnews.com/news/us-news/some-nfl-players-kneel-or-raise-fists-during-anthem-preseason-n899481).
* **A Potential 2020 Run for Stormy Daniels's Lawyer:**
Michael Avenatti, the lawyer for the adult entertainment start Stephanie Clifford, also known as Stormy Daniels, said he might run for president. Known as one of President Trump’s most outspoken critics in his capacity as Clifford's lawyer, Avenatti has also discussed his interest in challenging Trump on policies such as immigration. For more, check out [POLITICO](https://www.politico.com/story/2018/08/10/michael-avenatti-presidential-run-iowa-2020-771291).
Cheddar's Jill Wagner gets into the latest.
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Was it a coincidence that the omicron coronavirus variant evolved in a region with low vaccination rates? Cheddar speaks with epidemiologist Dr. Eric Feigl-Ding on the topic.
Astra founder, chairman, and CEO Chris Kemp spoke to Cheddar's Kristen Scholer about his company's first successful launch into orbit last month, becoming the fastest space company to reach orbit using a privately developed liquid-fueled rocket. He also noted that the company's priority is to "improve life on Earth from space" by rapidly increasing the number of low-orbiting satellites to do everything from connecting people to monitoring weather patterns.
Stocks closed at session lows Wednesday as investors grew skittish over the first reported case of the COVID-19 omicron variant in California. Josh Sailar, Partner at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell to discuss investor worry over the new variant, the Fed dropping the word 'transitory' to describe inflation and potentially speeding up their asset tapering timeline, 2022 predictions, and more.
As cases of the COVID-19 Omicron variant continue to pop up, including the first U.S. case in California, how will domestic holiday travel be impacted? That part of the travel sector has mostly recovered from the year-long pandemic rout, while business travel continues its slump. But could a new variant bring new lockdowns and domestic restrictions? Clint Henderson, Senior News Editor at The Points Guy, joins Cheddar News' Closing Bell to discuss what the omicron variant means for holiday travel, best practices for passengers traveling through airports, and more.
Over the Thanksgiving holiday, Elon Musk warned SpaceX employees in a leaked email that the company could be forced to file Chapter 11 bankruptcy if its raptor engine program fails. Musk then commented on the previous statement adding the detail that a recession could make such a bankruptcy possible.
With the emergence of the omicron variant, the U.S. is considering tightening international travel guidelines. The CDC said it might reduce the window for foreign travelers to submit a negative COVID-19 test from three days prior to one day before allowing entry.
Jill and Carlo cover the latest on Omicron, another school shooting in America and more. Plus, bidding farewell to 'transitory' inflation, and the controversy surrounding 'Lovely Bones' author Alice Sebold.
