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The NewsWorthy

Market Frenzy Restrictions, Open Enrollment 2.0 & GM's Electric Promise- Friday, January 29th, 2021

The NewsWorthy

Erica Mandy

News, Daily News, Society & Culture

4.71.3K Ratings

🗓️ 29 January 2021

⏱️ 13 minutes

🧾️ Download transcript

Summary

The news to know for Friday, January 29th, 2021!

What to know about:

  • how popular platforms restricted an ongoing stock market frenzy and why some are facing overwhelming backlash
  • concerns over a new COVID-19 strain in the U.S.
  • another chance to sign up for health insurance
  • a major automaker making a big promise
  • why today's date is extra special
  • how those Bernie Sanders mittens are turning into more than memes

Those stories and more in around 10 minutes!

Head to www.theNewsWorthy.com or see sources below to read more about any of the stories mentioned today.

Today's episode is brought to you by BlueNile.com and Ritual.com/newsworthy 

Become a NewsWorthy INSIDER! Learn more at  www.TheNewsWorthy.com/insider

Get paid to share The NewsWorthy through the end of the month! Sign up here: https://refer.fm/newsworthy 

 

 

 

Sources:

Brokerages Block Certain Stock Purchases: WSJ, AP, The Verge, NPR

Congress Hearings on Market Frenzy: The Verge, Reuters, Axios, The Hill

Capitol Police Security Request: Reuters, NBC News, FOX News

GA Food Plant Accident: AJC, CBS News, NBC News

Novavax Vaccine Data: NPR, NY Times, USA Today, Novavax

South African Strain Found SC: AP, CNBC, WSJ

Healthcare Marketplace Reopens: WaPo, Reuters, NY Times, White House

G.M. to Phase Out Gas Vehicles: NY Times, CBS News, WaPo, Statista, GM

Actress Cicely Tyson Dies: AP, WaPo, Hollywood Reporter

National Museum of African American Music Opens: NMAAM, Forbes, WSJ

String of Palindrome Dates: Houston Chronicle, Nashville Tennessean, Farmers Almanac

Feel Good Friday- Bernie Mittens Memes Help Charity: AP, CBS News, Campaign Website 

Transcript

Click on a timestamp to play from that location

0:00.0

Today is Friday, January 29th.

0:02.1

What to know about a trading freeze,

0:03.6

how popular platforms restricted an ongoing stock market

0:06.6

frenzy, and why some of them are now facing overwhelming backlash.

0:10.6

Also concerns over a new COVID-19 strain here in the U.S. and another chance to sign up for health care.

0:16.0

Plus a major automaker making a big promise.

0:19.0

Why is today's date extra special?

0:21.0

And how those Bernie Sanders mittens are turning into more than just means.

0:25.6

Welcome, welcome to The Newsworthy.

0:30.1

All the day's news in around 10 minutes.

0:32.4

Fast, fair, fun fun and on the go I'm Erica Mandy

0:35.8

Thanks so much for being here you're ready let's do this

0:45.6

The recent frenzy on Wall Street is starting to get ugly. Now some lawmakers from both sides of the aisle are demanding regulators step in.

0:49.8

Others are threatening action against online trading platforms who are seemingly trying to put

0:54.7

an end to it all with debated motivations.

0:57.5

We'll explain more about that leadest action in a moment, but first a quick recap about how we got to this point.

1:03.2

Individual investors have been coming together on forums like Reddit to rally behind GameStop

1:07.6

and other struggling companies that more seasoned professional investors had already

1:12.1

bet against.

1:13.6

Well, the efforts of those millions of smaller investors worked.

1:17.5

The stocks of GameStop and others blew up in a way that blindsided some of the most powerful

1:22.0

players on Wall Street.

...

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