The Daily Dive

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If You Bought NFTs Last Year, Figuring Out the Taxes You Owe Could Be Very Confusing Mar 24, 2022

Show notes

If you traded in crypto or bought NFTs last year, don’t forget you might be on the hook for all those taxes. NFTs in particular are posing a problem for consumers and accountants. Depending on the crypto used to buy it and who’s doing the selling, NFT transactions can be taxed as income, short or long-term capital gains, collectibles or dividends. Sam Sutton, reporter at Politico, joins us for the confusing classifications of NFTs.

Next, according to a review of patient data, people who had Covid-19 were at a greater risk of developing Type 2 diabetes within a year, than those who avoided getting sick. Looking at the records of over 180,000 VA patients researchers calculated that those that got Covid were 46% more likely to be diagnosed with diabetes for the first time or prescribed medication to control blood sugar. Lenny Bernstein, health and medicine reporter at The Washington post, joins us for more.

Finally, as sanctions hit Russian oligarchs to put pressure on Putin to end his invasion of Ukraine, we have seen their yachts try to get to friendlier waters. Yacht watchers have been tracking their movements as they try to avoid being seized and as they even get denied fuel. Benoit Faucon, senior reporter at the WSJ, joins us for how some Russian oligarchs’ yachts are on the run.

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Some Russian Families Also Feeling the War Are Trying to Cross the CA/Mexico Border Mar 23, 2022

Show notes

The war in Ukraine has caused a refugee crisis where the U.N. says that over 3.5 million people have fled the country, but we are also hearing that Russians are also leaving because of the invasion. While most are going to nearby countries some have made the trip here to the southern border with Mexico attempting to seek asylum and frustration has been mounting that they are not getting in like Ukrainians are. For those that do get in, they are being given a 1-year stay in the country. Steve Gregory, reporter for KFI News in Los Angeles, took a trip to the border and spoke to one Russian family seeking asylum.

Next, as we progress through the pandemic and we see some positive trends with fewer cases and hospitalizations, the concern is always what could be coming next. A new strain circulating in Europe and quickly spreading here may not lead to a new wave, but vaccine makers have asked for approval for a 4th round of booster shots and the question is, where does that end? We could be in store for boosters every year until we can develop a universal coronavirus vaccine. Robert Langreth, science and health reporter at Bloomberg News, joins us for the future of booster shots.

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This School District Did Less to Contain Covid and Their Students Thrived Mar 22, 2022

Show notes

One of the biggest debates of the pandemic was how to proceed with school as the virus disrupted everything. Everything from learning remotely or in person to wearing masks was a point of contention, but at the Lewis-Palmer school district in Colorado, they chose to keep kids in class and made masks optional. What resulted were students who flourished and boosted some of their test scores when other districts in the state lagged behind. Perry Stein, education reporter at The Washington post, joins us for how this district tried to proceed as normal.

Next, for many people that have experienced long Covid, they have had to deal with not only prolonged symptoms, but the hassle of trying to fight for disability benefits. We still understand very little about long Covid and how severe the effects are can be difficult to measure. Insurers demand that there be evidence that a person cannot work, and some medical tests may not clearly show an impairment leading to denials of benefits. Christopher Rowland, business of health reporter at The Washington Post, joins us for the fight for disability payments.

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Could Russian War in Ukraine Be Headed Toward a Stalemate? Mar 21, 2022

Show notes

The war in Ukraine stretches on as reports come in that Russia is using hypersonic missiles as well reports that they shelled an art school where 400 residents were taking shelter. Despite the continued onslaught, some experts say that the war could be headed toward a stalemate. Russia has mounting casualties, loss of equipment, and had their progress on the ground slow down. The thought is that Ukraine might not be able to push them out of the country, but Russia can't take more of Ukraine. Ginger Gibson, deputy Washington digital editor at NBC News, joins us for this and a preview of the confirmation hearings for Kentanji Brown Jackson.

Next, the country runs on Amazon deliveries and we have all seen the Amazon branded vans in our neighborhoods. Back in 2018, they launched their Delivery Service Partner program as an opportunity for people to build small businesses using Amazon's technology, processes and experience in logistics. While definitely an opportunity, it can be tough to turn a profit as partners must foot the cost for worker compensation claims, leases on vans, and damage repairs. Amazon also holds control on almost all aspects of the business. Lauren Kaori Gurley, reporter at Vice News, joins us for how some Amazon delivery companies are being crushed by debt.

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WEEKEND EDITION- CA High-Speed Rail at a Crossroads, Selling Used Cars at a Profit, High Cost of Police Misconduct Mar 20, 2022

Show notes

This is a compilation of some of the most compelling stories of the week.

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WEEKEND EDITION- Zelensky Addresses Congress, CDC Wants to Study Our Poop, Incel Terror Threat Mar 19, 2022

Show notes

This is a compilation of some of the most compelling stories of the week.

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Secret Service Releases Report on Rise of Incel Terror Mar 18, 2022

Show notes

The Secret Service has released a new report on the growing terrorism threat of incels. These are men that call themselves “involuntary celibates” or “anti-feminists.” The report looked into incidents of violence linked to this type of extremism including a series of red flags before a man opened fire inside Hot Yoga Tallahassee killing two and injuring four in 2018. Nicole Sganga, Homeland Security reporter at CBS News, joins us for the findings of the report.

Next, the surging prices of used cars are turning them into profitable investments for those willing to part with them. Used car prices have surged 41% since last year and some are finding that they can make money on what was once a rapidly depreciating asset. Claire Ballentine, personal finance reporter at Bloomberg News, joins us for used car flipping and what to watch out for… taxes!

Finally, most of the world has rallied behind Ukraine in their struggle to fight off the Russian invasion. Ukrainian President Zelensky announced the creation of the International Legion of Territorial Defense for foreigners looking to support them and we have seen some Americans and veterans answer the call to serve. Jeff Schogol, senior Pentagon reporter at Task and Purpose, joins us for how some vets are in search of a just war.

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Zelensky Pleads for More U.S. Help as Biden Pledges $800 Million More in Military Aid Mar 17, 2022

Show notes

The U.S. will provide $800 million in new military aid to Ukraine, totaling over $1 billion so far to help them fight back against Russia. This comes after Ukrainian President Zelensky made an impassioned plea to Congress for more help including a no-fly zone. It still doesn’t seem that the U.S. or European allies are ready to take that step, hoping to avoid a wider conflict. Julia Manchester, national political reporter at The Hill, joins us for more.

Next, more than a third of the CDC’s wastewater samples across the U.S. are showing rising Covid trends the first two weeks of March. Sewer samples can often spot increasing virus levels before official tests results. It’s unclear if this points to an upcoming wave, but we currently have 98% of the U.S. population that is in places with a low community level rating. Drew Armstrong, senior editor for healthcare at Bloomberg News, joins us for what the wastewater is signaling.

Finally, the Covid pill made by Merck has been prescribed heavily despite some concerns. Regulators and doctors think that the Merck pill should be one of the last options in treating Covid because concerns that it could cause birth defects and cause more variants to form. But with Pfizer’s pill in limited supply, many doctors have turned to molnupiravir. Jared Hopkins, pharma reporter at the WSJ, joins us for what to know about the Merck Covid antiviral.

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Gas Prices Are up but So Is Your Electric Bill and It’s Likely to Keep Rising Mar 16, 2022

Show notes

Inflation is keeping the prices of goods high and the Russian invasion of Ukraine is causing oil and gas prices to rise, but your electric bill is also soaring. Natural gas prices are being affected by the Ukraine crisis and raising the costs for utilities to produce electricity. As a result customers are seeing increases of up to 20%. Katherine Blunt, energy reporter at the WSJ, joins us for why your electric bill is going up.

Next, rising crime has been on everyone’s mind lately and in California, the conversation over criminal justice reform and crime policies will play out over the next state attorney general race and also a pair of efforts aimed at recalling two progressive district attorneys in LA and SF. The crime issue will also be made a centerpiece for the midterm elections nationally. Jeremy White, writer for the CA Playbook at Politico, joins us for more.

Finally, the workplace has gone through drastic changes as a result of the pandemic and even attitudes about work have changed. With more job openings than people looking for work, employees feel like they have all the power, but how long can that last? There is also a movement for better pay transparency, but would you disclose how much you make to others? Tess Vigeland, host of the new WSJ podcast “As We Work” joins us to talk about the changing dynamics of the workplace.

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Behind Schedule and Billions Over Budget, Where Does California’s High Speed Rail Stand? Mar 15, 2022

Show notes

California’s high speed rail is an ambitious infrastructure project that is behind schedule, billions of dollars over budget, and struggling to maintain support as the political energy behind it is murky at best. Plenty of work is being done right now, but it doesn’t completely match what was originally sold. Jill Cowan, California reporter at the NY Times, joins us for a look at where the biggest infrastructure project of them all is currently standing.

Next, the war in Ukraine is threatening the economic recovery here at home. Supply chains haven’t fully recovered from the pandemic and inflation is at record highs. Sanctions on Russia are crippling their economy, but also hurting us when it comes to energy, cars and food. Emily Peck, markets correspondent at Axios, joins us for more.

Finally, the CDC wants to monitor everyone’s poop, but states are not all on board. During the pandemic, state and local health officials were able to detect Covid in their communities before residents developed symptoms and the CDC wants to expand those programs to stay ahead of variants and other viruses too. States would need a widespread buy-in for this to be successful, but may logistical challenges remain. Katherine Foley, healthcare reporter at Politico, joins us for the plan to monitor the nation’s sewage.

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