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1. GARLAND OWNS MAR-A-LAGO SEARCH
U.S. Attorney General Merrick Garland says he personally approved the FBI warrant for former President Donald Trump's Mar-a-Lago estate and wants a federal court to unseal the warrant. Trump responded by writing on his social media platform: “Release the documents now!” Reports say the search involved classified material related to nuclear weapons. Meanwhile, a man in body armor who tried to breach security at the FBI's Cincinnati field office was killed after an hours-long standoff with police.
2. NO MORE COVID GUIDELINES
It's the end of an era for the pandemic. As the number of COVID-19 cases wanes, the CDC is relaxing guidelines such as its recommendation that Americans stay six feet apart and quarantine after coming into close contact with an infected person. Of course, many Americans haven't been taking these precautions for a while, but now the nation's top public health agency is giving them the stamp of approval. What changed? The agency says an estimated 95% of Americans 16 and older have some level of immunity from either vaccination or infection.
3. ECONOMIC BRIGHT SPOTS
In another sign that inflation is starting to slow down, wholesale prices fell in July for the first time in two years, according to the Labor Department. The report comes just one day after the latest consumer price index showed zero percent inflation in July, and one week after a blockbuster jobs report showed that the economy added 528,000 jobs last month. The one bit of bad news was that jobless claims were up for the second week in a row — though the weekly measure is only slightly above the pre-pandemic average.
0% inflation is a nice round number.
4. ANNE HECHE ‘NOT EXPECTED TO SURVIVE’
Anne Heche isn’t expected to survive after suffering “a severe anoxic brain injury” in a fiery crash last week, according to a statement from a representative. The actor, who is in a coma, is being kept on life support for possible organ donation, the representative said.
5. HOUSING SHORTAGE WORSENS
Mortgage rates have nearly doubled this year, and home builders are feeling the pinch. On the one hand, this is exactly what the Federal Reserve wants as it increases interest rates in an effort to bring down inflation. But builders and economists agree that rate hikes might not help homebuyers in the long run. The higher rates are causing a pullback in construction, which might end up worsening a nationwide housing shortage that's been a decade in the making.
Construction spending fell 1.1% in June; housing completions were off 4.6%. [AP Photo/Matt Rourke, File]
6. CANNABIS DOING FINE
Curaleaf CEO Matt Darin calls cannabis "recession-resistant" even as consumers begin to modify their shopping habits amid macroeconomic pressures. His comments to Cheddar News come on the back of second-quarter earnings and an acquisition in the European cannabis market.
7. BREYER & GORSUCH TEAM UP
Supreme Court justices with very different ideologies are joining to educate Americans about the U.S. Constitution. The National Constitution Center announced recently retired Justice Stephen Breyer, who tended toward the liberal view, will serve as co-chair of the board with current Justice Neil Gorsuch, known for his conservative rulings. The pair is teaming up as Americans' approval of the high court has fallen significantly, especially after it overturned Roe v. Wade.
Retired Justice Stephen Breyer (left) and Justice Neil Gorsuch. [AP Photo/J. Scott Applewhite, File (left); Erin Schaff/The New York Times via AP, Pool, File]
8. NETFLIX ADS
Agency sources who are in negotiations with Netflix for its upcoming ad-supported service tell Cheddar News’ Michelle Castillo that the company lacks leadership and is asking for too much money. On top of expensive prices above the industry standard, questions are swirling around how many people will actually subscribe to the service on Day One and what family-friendly popular shows will be available for advertising.
9. USPS PRICE HIKES
The U.S. Postal Service will be getting into the holiday spirit later this year with some temporary price hikes on certain packages. The goal is for the cash-strapped agency to remain competitive long term and cover the extra costs of handling so many packages during the peak season. The exact price will depend on weight, though, so think about that before sending all your presents by the mail.
10. ENTERTAINMENT ROUNDUP
Charlamagne Tha God: iHeartRadio's “The Breakfast Club” host Charlamagne Tha God talked to Cheddar News about the show's leading lady, Angela Yee, departing.
Global Citizen: We're just over a month away from the 2022 Global Citizen Festival and this year the organization has some serious star power backing its efforts to eradicate extreme poverty, names like Mariah Carey, Metallica and the Jonas Brothers.
In Entertainment: It's been a busy 24 hours in entertainment news, and we're running down the highlights. Scream queen Neve Campbell has broken her silence on her decision not to join the cast of the sixth installment of “Scream”; Amanda Seyfried opens up about her experiences navigating Hollywood as a young actress, particularly when it came to nudity and sex scenes; and Halle Bailey talks about the backlash over her role in “The Little Mermaid.”
11. NO POOLS ON THE ROOF!
We all know it would be a bad idea to put a pool on the roof without consulting experts, right? Right, everyone?! On the list of things the NYC Buildings Department probably never thought it would have to say is, "Please don’t try to build a rooftop swimming pool without first getting permits and hiring professionals to do the job properly," but here we are. A pool capable of holding 60 tons of water was found illegally perched on a Brooklyn building that is not believed to be capable of holding it. So, please, keep your pools on, or in, the ground.
Your pool ain’t cool, you fool!
WHAT TO STREAM
There's, like, 1 million things to watch or stream at home these days and still many of us are struggling to find a good watch. Fear no more, the Cheddar News staff is here to save you from scrolling endlessly on your favorite streaming platform.
(L-R) Dan Trachtenberg, Amber Midthunder, Dakota Beavers, Dane DiLiegro, and Jhane Myers speak onstage during the Prey Beyond Fest screening at Aero Theatre in Santa Monica, California on August 04, 2022. (Photo by Alberto E. Rodriguez/Getty Images for Disney)
**LOVE **HATE **ATE
One thing we love: The quiet streets while our neighbors are all away on vacation.
One thing we hate: The extreme humidity has got to go!
One thing we ate: Sushi — something cold in this miserable soupy weather.