Under questioning from counsel Barry Berke during the House Judiciary Committee's impeachment hearing on Tuesday, former Trump campaign manager Corey Lewandowski was forced to defend a video in which he appeared to lie to MSNBC host Ari Melber.
As White House economic adviser Larry Kudlow projected a sustainable "boom" in the U.S. economy this summer, sales in the recreational-vehicle industry have been trending downward, signaling possible economic turmoil to come, Bloomberg writes.
Why it matters: The last 3 recessions (which began in July 1990, March 2001 and December 2007) were all foreshadowed by slumps in RV manufacturers’ shipments. While, as Bloomberg writes, "that’s not a big sample size, and there were modest RV-shipment dips in the mid-1980s and mid-1990s that turned out not to precede recessions," the drop-off in RV purchases could be a sign of consumers growing less optimistic about their financial futures.
While not yet sounding an alarm, top strategists at BlackRock are starting to worry about the possibility of U.S. stagflation — high inflation combined with high unemployment and stagnant demand.
What they're saying: Mike Pyle, chief investment strategist for the BlackRock Investment Institute, sees inflation as set to pick up "thanks to more tariffs and faster wage growth in the face of a tight labor market," he says in a note to clients.
Award-winning journalist and political commentator Cokie Roberts has died at the age of 75, reports ABC News.
The big picture: Roberts was a pioneer for women in journalism. She shaped the earliest coverage at NPR in the 1970s, won numerous awards for her work at ABC and authored six bestsellers on women in America. In addition, she was named one of the 50 greatest women in broadcast journalism by the American Women in Radio and Television.
HBO Max has acquired the U.S. streaming rights to all 12 seasons of "The Big Bang Theory" for 5 years in a deal worth close to $500 million, a person familiar with the deal told the Wall Street Journal.
Why it matters: Streaming services are increasingly willing to enter into mega-deals for the streaming rights to enduringly popular network shows to provide a foundation to draw in viewers along with their original content.
BuzzFeed is looking to hire a new president, according to an internal memo sent from CEO and co-founder Jonah Peretti to staff on Tuesday, obtained by Axios.
Why it matters: The role has been vacant since 2017, when then-President Greg Coleman left the position to become a senior advisor to the company. Since, BuzzFeed has diversified its revenue to be less dependent on advertising.
The New York Times' hit podcast "The Daily" hit a billion total downloads last week after launching just over 2.5 years ago, says Theo Balcomb, executive producer of The Daily.
Why it matters: The Daily has been a surprise success story in the saturated world of podcasting. The profitable show was credited with being one of the biggest drivers to Q2 digital advertising growth for The Times last quarter.
The Washington Post on Tuesday will unveil Zeus Prime, a product that will allow companies to buy automated ads in real-time, similar to Big Tech platforms. Zeus will also support a new ad network that will include other publishers.
Why it matters: Advertisers often complain that they would like a better alternative to buying ads on Google and Facebook — where the content isn't always vetted — but there are no other places where they can buy ads as quickly and efficiently in real-time. The Post hopes this product will change that, and put more ad money in publishers' pockets.
Some of the top journalists covering misinformation today look less like reporters and more like cyber investigators, combining new technologies with old-school journalism principles to outsmart the trolls working to undermine them ahead of the 2020 election.
Why it matters: The troll playbook has shifted since the last election, when fringe internet actors sought to sow discord by spreading divisive messages. Today, their main focus is to discredit the news media, often by uncovering potentially harmful information about journalists or by tricking them into reporting false information.
A new survey of more than 275,000 gig applications in the U.S. over the last 12 months shows there's a bit of a mismatch between the side hustles gig workers are seeking and the ones that pay the most.
Details: Florida is the state with the highest number of temporary job applications at 55,762, which translates to 4,500 applications a month.
The impact of tariffs has been difficult to quantify because U.S. retailers that pay them can choose whether or not to pass the costs on to customers.
In an effortto show how one quintessentially American business is handling the issue, NPR tracked prices at a Georgia Walmart over the course of a year.
Rep. Ayanna Pressley (D-Mass.) is set to introduce legislation Tuesday demanding impeachment proceedings against Supreme Court Justice Brett Kavanaugh after a weekend report expanded allegations of sexual misconduct against him, The Hill reports.
"Sexual predators do not deserve a seat on the nation’s highest court and Brett Kavanaugh’s confirmation process set a dangerous precedent," Pressley said in a statement. "We must demand justice for survivors and hold Kavanaugh accountable for his actions."
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