Waitin’ On A Sunny Day: Stock Market, Formula Shortage, Blockbuster Boom

Skimm This

theSkimm

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4.5 • 3.6K Ratings

🗓️ 12 May 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

First: Now that Roe v. Wade looks like it’ll be overturned this summer, lawmakers on both sides of the aisle are planning their next moves. We’re speaking to Senator Amy Klobuchar (D-MN) about what’s next for Dems in the fight over reproductive rights. ICYMI: If you've gone looking for baby formula at Target or Walmart recently, spoiler: it's really hard to find. We'll Skimm what's causing the shortage – and what to do if you’re looking for formula – in 60 seconds. Next: We’ve got the context on the other major headlines this week – record-high drug overdose deaths, wildfires in New Mexico, the grim findings on Native Americans in US boarding schools, and saying iRIP to the iPod. Later: High inflation, meet new stock market lows. We asked a financial expert to help us understand the stock market's recent bumpy ride, and what to do if your 401k is stressing you out. Finally: Grab your popcorn, because summer blockbusters are back. We’ll share what you can expect in theaters this summer. Hint: what’s old is new again. On this episode, you’ll hear from: Sen. Amy Klobuchar, US Senator (D-MN) Farnoosh Torabi, editor at large, CNET Personal Finance Rebecca Rubin, film and media reporter, Variety Want more Skimm? Sign up for our free daily newsletter Email us your questions about what’s going on in the news right now Subscribe and leave us a review wherever you get your podcasts Skimm'd by Alex Carr, Will Livingston, and Blake Lew-Merwin. Additional help from Hannah Parker. Engineered by Andrew Callaway and Elie McAfee-Hahn. TheSkimm’s head of audio is Graelyn Brashear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to Schem this.
0:03.8	After a draft Supreme Court opinion revealed that the court is poised to overturn
0:08.7	Roe v. Wade, this week the Senate voted down a bill that would codify the right to an abortion
0:14.4	into federal law. The A's are 49, the Nays are 51. The motion is not agreed to.
0:22.5	We spoke to Senator Amy Klobuchar about what's next in the fight over reproductive rights.
0:27.5	In this leaked opinion, this justice is not just taking us back to the 1950s, it's the 1850s.
0:36.6	Also on the show, we've got the latest on the stock market's wild ride,
0:41.0	the end of an era for music listeners, and the nationwide baby formula shortage that's
0:46.3	causing new parents to get even less sleep. And to wrap things up, we'll talk to an expert
0:52.3	about this summer's blockbuster boom that's making us want to pay concession stand prices for popcorn
0:58.4	again. We're here to make you smarter, and the news less overwhelming. I'm Alex Carr. Let's skim this.
1:06.6	After a leaked Supreme Court draft opinion revealed that Roe v. Wade will likely be overturned this summer,
1:24.3	people have started to question what will happen in America when the right to an abortion isn't guaranteed.
1:30.3	And even though we haven't gotten the official ruling, the fallout from last week's bombshell
1:35.4	leak has continued. Abortion rights demonstrators took their message to justice,
1:40.4	Kavanaugh, and Alito's doorsteps. While anti-abortion groups have started organizing in states to
1:49.8	advocate for restrictive abortion legislation once Roe is overturned, and in DC, all eyes are on law
1:57.2	makers. On Wednesday, Senate Democrats called for a vote on a bill that would codify abortion
2:03.2	rights into federal law. That vote was largely symbolic, as the Democrats knew they didn't have
2:09.6	the 60 votes needed to overcome the Senate filibuster. In total, 49 senators voted in favor of the bill,
2:17.6	51 against. Here was Vice President Kamala Harris after the vote.
2:23.2	This vote clearly suggests that the Senate is not where the majority of Americans are on this issue.
	...

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