Latest / What You Need To Know / WHAT WE NEED TO KNOW: AUGUST 13, 2026
Transcript
- 0:00Speaker 1: It's Sybil Wilkes with what we need to Know Today.
- 0:02Speaker 1: Its Thursday, August thirteen, two thousand, twenty six. Number one
- 0:07Speaker 1: Democratic voters across recent primary elections are sending a clear
- 0:11Speaker 1: message that they favor political turnover and fresh leadership over
- 0:15Speaker 1: establishment backing. Progressive candidates secured major Senate primary victories in
- 0:20Speaker 1: Michigan and Minnesota over party backed rivals, while Connecticut primary
- 0:24Speaker 1: ousted one of Congress's longest serving members, and Wisconsin voters
- 0:28Speaker 1: narrowly rejected a Democratic socialist but still chose forty year
- 0:32Speaker 1: old county executive David Crowley, who was seeking to become
- 0:35Speaker 1: that state's first black governor. Number two business executive Josh
- 0:40Speaker 1: Kushner and former Disney CEO Bob Eiger reportedly reached an
- 0:44Speaker 1: agreement with Mark Walter to purchase the Los Angeles Lakers
- 0:48Speaker 1: for twelve billion dollars. The high profile transaction, involving the
- 0:52Speaker 1: younger brother of Trump in law Jared comes just one
- 0:55Speaker 1: year after Walter acquired the franchise for ten billion dollars
- 0:59Speaker 1: and coincided with ongoing federal regulatory inquiries into his private
- 1:03Speaker 1: credit deals questions regarding potential administration involvements around the prospective
- 1:08Speaker 1: deal following Walter's recent visit to the White House. Number three,
- 1:13Speaker 1: Serious delinquency rates among federal student loan borrowers dropped to
- 1:17Speaker 1: seven point eight percent in the second quarter, down significantly
- 1:20Speaker 1: from nearly twelve point nine percent a year earlier. According
- 1:24Speaker 1: to credit data from the Federal Reserve Bank of New York,
- 1:27Speaker 1: student loans showed marked improvement, while auto loan and credit
- 1:31Speaker 1: card delinquencies continued to rise. Total US household debt experience
- 1:35Speaker 1: a modest thirteen billion dollar quarterly decline, with housing obligations
- 1:40Speaker 1: continuing to make up nearly three quarters of all consumer debt.
- 1:44Speaker 1: Number four from the Good News File. Olympic medalist African
- 1:48Speaker 1: American gymnast Frederick Richard captured his first senior US National
- 1:53Speaker 1: all around gymnastics title following a dominant two day performance
- 1:57Speaker 1: in Phoenix. The twenty two year old Michigan f finished
- 2:00Speaker 1: comfortably ahead of runner up Shane Whiskers with an impressive
- 2:04Speaker 1: total score of just over one hundred and seventy points.
- 2:07Speaker 1: This milestone victory officially secures Richard Spott leading the American
- 2:12Speaker 1: team at the World Gymnastics Championships this October. Number five
- 2:16Speaker 1: Black America, Know Your History. August thirteenth, that's today, marks
- 2:21Speaker 1: the anniversary of the founding of Baltimore's historic Afro American
- 2:25Speaker 1: newspaper in eighteen ninety two, Formerly enslaved printmaker John H.
- 2:30Speaker 1: Murphy Senior, merged several church publications to establish the paper,
- 2:35Speaker 1: transforming it into a major national voice for civil rights.
- 2:38Speaker 1: For over a century, this family owned enterprise provided essential coverage,
- 2:43Speaker 1: professional opportunities, and community advocacy for African Americans nationwide. Happy
- 2:49Speaker 1: anniversary and thank you. Here's your daily inspiration from Yogi's jewels.
- 2:55Speaker 1: Making wise decisions empowers you to choose forgiveness over resembs
- 3:00Speaker 1: meant hope over fear, and courage over doubt. All right,
- 3:04Speaker 1: I'm Sybil Wilkes. Be informed, be empowered.