Recession Worries, Robocalls Tool & Explaining Esports - Thursday, August 15th, 2019
The NewsWorthy
Erica Mandy
4.7 • 1.3K Ratings
🗓️ 15 August 2019
⏱️ 17 minutes
🧾️ Download transcript
Summary
The news to know for Thursday, August 15th, 2019!
Today, we're talking about the stock market drop, and why some experts say a recession could be coming.
Plus: a breakthrough treatment for TB, what happened in space that has scientists stumped, and the latest way companies are working to fight those annoying robocalls.
Those stories and many more in less than 10 minutes!
Then, hang out after the news for Thing to Know Thursday's bonus interview. We're explaining the billion dollar industry of esports (aka professional video gaming) and talking about how it's now in colleges and high schools.
Today's episode is brought to you by Blinkist.
Read more:
Stock Market Down: WSJ, Washington Post, CNN, AP
Philadelphia Shoot-Out: Fox News, CNN
Epstein Investigation: NYT, NPR, CNN
TB Treatment Approved: Reuters, Washington Post
Black Hole Lights Up: CBS News, USA Today --
Amazon Facial Recognition: Engadget, Cnet, NBC News
WeWork IPO: TechCrunch
Robocalls System: Cnet, Engagdet
Transcript
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| 0:00.0 | Today is Thursday, August 15th. |
| 0:04.0 | What to know today about the stock market and why some experts say a recession could be coming. |
| 0:09.0 | Plus a breakthrough treatment for a serious disease. |
| 0:11.0 | What happened in space that has some scientists stumped, and the |
| 0:14.8 | latest way companies are working to fight those annoying robocalls. |
| 0:18.3 | Then hang out after the news for Thing to Know Thursday's Bonus Interview, |
| 0:21.5 | what you need to know about the billion dollar industry of |
| 0:23.6 | e-sports. |
| 0:27.0 | Welcome, welcome to the newsworthy. |
| 0:28.8 | All the day's news in less than 10 minutes. |
| 0:31.0 | Fast, fair, fun, and on the go. I'm Erica Mandy, thanks so much for being here. You ready? Let's do this. |
| 0:41.6 | A big drop on Wall Street and a sign that could mean a recession is near. |
| 0:45.8 | The Dow fell around 800 points Wednesday, while the S&P 500 in Nasdack also slipped. |
| 0:51.0 | So here's what's going on. |
| 0:52.2 | The Washington Post says this all has to do with the |
| 0:54.1 | government bond market. Something weird happened this week. Returns on |
| 0:57.9 | short-term US bonds were actually better than long-term ones. Meaning the |
| 1:02.3 | government is now paying more to attract buyers to its two-year bond |
| 1:05.9 | than its 10-year note. |
| 1:07.5 | The key point here is that usually it's the other way around. |
| 1:10.6 | The Wall Street Journal reports the fact that it flip-flopped signals |
| 1:13.4 | means investors are not confident in the economy, especially with the recent global |
... |
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