First Trade Deal?, College Library Protests & New Netflix Design - Thursday, May 8, 2025
The NewsWorthy
Erica Mandy
3.9 • 1.3K Ratings
🗓️ 8 May 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
The news to know for Thursday, May 8, 2025!
We’re talking about how the Federal Reserve is reacting to an ongoing trade war, as a new deal is expected to be announced today,
Also, new protests at Columbia University that put students in a face-off with security, and why President Trump designated today as Victory Day in the U.S.,
Plus, what we know about Trump’s controversial new pick for Surgeon General, how a family used technology to bring a victim into the courtroom, and what’s changing on Netflix for the first time in more than a decade
Those stories and even more news to know in about 10 minutes!
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Transcript
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| 0:00.0 | Today is Thursday, May 8th. We're talking about how the Federal Reserve is reacting to an ongoing |
| 0:04.8 | trade war, as a new deal is expected to be announced today. Also, new protests at Columbia |
| 0:09.9 | University that put students in a face-off with security and why President Trump designated today |
| 0:14.9 | as Victory Day in the U.S. Plus, what we know about Trump's controversial new pick for |
| 0:19.5 | Surgeon General, how a family |
| 0:21.1 | used technology to bring a victim into the courtroom, and what's changing on Netflix for the |
| 0:25.7 | first time in more than a decade. |
| 0:27.5 | Those stories and even more news to know next. |
| 0:32.0 | Welcome, welcome to The Newsworthy, all the day's news in around 10 minutes. |
| 0:36.6 | Fast, fair, fun, and on the go. |
| 0:39.2 | I'm Erica Mandy. Thanks so much for being here. You're ready? Let's do this. |
| 0:46.9 | Today, President Trump is set to announce his first big trade agreement since rolling out tariffs |
| 0:51.4 | against trading partners. He teased it on social media saying it was a deal with a big and highly respected country. |
| 0:57.4 | News outlets like the Wall Street Journal are reporting that it's with the United Kingdom. |
| 1:01.4 | Administration officials have said they're also in close talks with India and Japan. The president is getting ready to go to the Middle East next week, and the Treasury Secretary is meeting with diplomats from China this |
| 1:10.9 | weekend. Still, with so much trade up in the air, the Federal Reserve is staying in wait-and-see mode. |
| 1:16.4 | The Fed decided to leave its key interest rate at a range between 4.5% and 4.5% for a third |
| 1:21.9 | straight meeting. It noted how the labor market was still solid now, but that there's still a risk |
| 1:26.5 | of higher unemployment and higher inflation to come. So overall, Fed Chair Jerome Powell says it's mostly just that |
| 1:32.8 | there's a lot of uncertainty right now. Or as he told reporters yesterday, quote, it's really not |
| 1:37.4 | at all clear what it is we should do. The Fed meets again next month. Once again, New York police officers were called to remove protesters at Columbia |
| 1:47.0 | University. The demonstrators had staged a protest over the war in Gaza. Videos online show |
... |
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