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Jeanine Herbst
In Washington, I'm Jeanine Herbst. For the first time, the price of Bitcoin has hit $100,000. As NPR's Maria Aspen reports, the world's largest cryptocurrency has surged since the bitcoin.
Maria Aspen
Has been breaking records since President elect Donald Trump won a second term. The price of the world's largest cryptocurrency has more than doubled this year and has now crossed six figures. Investors are betting that Trump and other crypto friendly lawmakers will follow through on their campaign promises to ease regulations. The crypto industry poured money into this year's campaigns for the White House and Congress, becoming the largest corporate donor to the 2024 elections. Crypto executives have called the results a huge win, but critics warn that crypto is also used for illegal activities and scams and that fewer guardrails on the industry will be bad for consumers. Maria Aspin, NPR News, New York.
Jeanine Herbst
In California, two children were wounded by a gunman at a small religious school. Police say the Two boys, ages 5 and 6, were in kindergarten. Sheriff Corey Honia says the gunman killed himself.
Corey Honia
We at this point believe that we have identified the subject responsible for this shooting. I am not at a point now where I can provide you with his identity because we are still in the process of interviewing people who he may have been associated with.
Jeanine Herbst
He says the children are in extremely critical condition. Officials say the gunman targeted the school because of its affiliation with the Seventh Day Adventist Church. President elect Donald Trump has named billionaire Jared Isaacman to head NASA. He made headlines earlier this year when he became the first private astronaut to conduct a spacewalk when he and others on board a SpaceX capsule briefly stepped outside. It's not clear how much he paid to go on that five day trip. The French prime minister and his government have been deposed in a no confidence vote. That's a blow to President Emmanuel Macron, who named him only three months ago. The prime minister has arrived at the palace to reportedly submit his resignation. And Piers Eleanor Beardsley reports France is in uncharted territory and it has to find a new prime minister.
Eleanor Beardsley
The speaker of the House announced that a no confidence motion had passed, meaning the prime minister and his government must resign. The last time a government fell in a no confidence vote in France was in 1962. Michel Bernier led a minority government after Macron called a surprise snap election over the summer in which no single political party won a majority of votes. That prompted months of political negotiations and bolstered extremist factions on both the right and the left. Macron cut short a trip to Saudi Arabia and will speak to the nation on Thursday evening. Eleanor Beardsley, NPR News, Paris.
Jeanine Herbst
This is NPR News. The Education Department announced new guidance on one of the buzziest topics in schools, the use of cell phones in classrooms. The playbook released this week encourages schools and school districts that don't already have regulations to create a template that can work for their students. NPR's Janet Woo Jung Lee has more.
Janet Woo Jung Lee
The document outlines how teachers and school administrators could get a head start working with students and families on drafting regulations for the next academic year. This, the ed department says, would help schools better understand their students needs and use of what they call student personal electronic dev that includes smartphones, headphones and smartwatches. The ed department also suggests that schools keep this conversation going by getting feedback from students and families once these regulations are implemented. Janet Woo Jung Lee, NPR News.
Jeanine Herbst
Scientists say ice could disappear from the Arctic Sea as soon as 2027. That's according to a new study in the journal Nature Communications. It's the first time scientists have estimated the earliest ice free Arctic, which they say would accelerate global warming. Now, that's because the more ice that's removed from the Arctic, the more sun that gets absorbed, changing how much heat is in the climate system. Scientists also say countries have to reduce greenhouse gas emissions quickly to avoid Arctic ice loss. U.S. futures contracts are trading in mixed territory this morning. Dow futures are up a fraction. NASDAQ futures are down about 1/10 of a percent. I'm Jeanine Herbst, and you're listening to NPR News from Washington.
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NPR News Now: December 5, 2024, 5AM EST Summary
NPR News Now delivered a comprehensive roundup of the latest global and national developments in its December 5, 2024, early morning broadcast. Below is a detailed summary of the key stories discussed, enriched with notable quotes and insights from various reporters and officials.
The episode kicked off with a significant milestone in the cryptocurrency market. Jeanine Herbst reported from Washington that Bitcoin has surged past the $100,000 mark for the first time.
NPR's Maria Aspen provided an in-depth analysis, stating, “The price of the world's largest cryptocurrency has more than doubled this year and has now crossed six figures” (00:32). This remarkable increase is attributed to investors' optimism that President-elect Donald Trump and other crypto-friendly lawmakers will implement campaign promises to ease regulatory constraints on the crypto industry. The sector's substantial campaign contributions made it the largest corporate donor in the 2024 elections. While crypto executives hailed the surge as a “huge win,” critics expressed concerns over the potential rise in illegal activities and scams due to reduced industry guardrails, warning about the negative implications for consumers.
In a heartbreaking incident, two young children were injured in a school shooting at a small religious institution in California. Jeanine Herbst reported that the victims, two boys aged five and six, were in kindergarten when the gunman attacked the school.
Sheriff Corey Honia provided a solemn update: “We at this point believe that we have identified the subject responsible for this shooting” (01:28). He added that the gunman, who targeted the school due to its affiliation with the Seventh Day Adventist Church, had committed suicide after the attack. Sheriff Honia further mentioned that the investigation was ongoing, as they were still interviewing associates to fully understand the motive and background of the perpetrator.
Officials emphasized that the children are in “extremely critical condition,” underscoring the severity of the incident and the urgent need for support for the affected families and the community.
In a significant appointment, President-elect Donald Trump has selected billionaire Jared Isaacman to head NASA. Jeanine Herbst highlighted Isaacman's prominence, noting his groundbreaking achievement earlier this year when he became the first private astronaut to conduct a spacewalk aboard a SpaceX capsule. The duration and cost of his five-day mission remain undisclosed, leaving questions about the financial aspects of private space exploration ventures.
Isaacman's leadership is expected to steer NASA towards new horizons, potentially fostering greater collaboration between private enterprises and the federal space agency. This move signals Trump’s intent to bolster the integration of private sector innovations within national space initiatives.
France is currently navigating a political upheaval as its prime minister and government have been ousted following a no-confidence vote. Eleanor Beardsley reported from Paris that the motion passed, compelling the resignation of the premier and his cabinet (02:38). This marks the first government to fall in France through such a vote since 1962.
Michel Bernier, who led the minority government, had been appointed by President Emmanuel Macron just three months prior. His administration fell apart after Macron's decision to call a surprise snap election during the summer, resulting in no single party securing a majority. The ensuing months saw intense political negotiations and a rise in extremist factions on both the right and left, destabilizing the political landscape.
As France grapples with this uncharted territory, the nation awaits the appointment of a new prime minister. President Macron has cut short his trip to Saudi Arabia and is set to address the nation on Thursday evening, signaling the urgency of restoring political stability.
Addressing a contentious issue in education, the Department of Education unveiled new guidance on regulating cell phone usage in classrooms. Jeanine Herbst introduced the topic, and Janet Woo Jung Lee provided detailed coverage.
The newly released "playbook" encourages schools and districts lacking existing regulations to adopt a standardized template tailored to their student populations (03:37). The guidelines advocate for proactive collaboration between teachers, administrators, students, and families to develop effective policies for the upcoming academic year. This initiative aims to enhance schools' understanding of students' needs concerning personal electronic devices, which include smartphones, headphones, and smartwatches.
Furthermore, the Department of Education recommends maintaining an ongoing dialogue to gather feedback from students and families once the regulations are in place, ensuring that the policies remain relevant and effective in managing digital device usage in educational settings.
Climate scientists have issued a stark warning: the Arctic Sea could become ice-free as early as 2027. Jeanine Herbst reported on this alarming forecast based on new research published in the journal Nature Communications (04:09).
This unprecedented prediction underscores the accelerating pace of global warming. The loss of Arctic ice leads to increased absorption of sunlight by the darker ocean waters, thereby exacerbating global temperature rise. The study emphasizes the urgent need for countries to significantly reduce greenhouse gas emissions to prevent such drastic environmental changes.
The potential disappearance of Arctic ice by 2027 serves as a critical indicator of the immediate actions required to mitigate climate change and preserve the planet's delicate climate balance.
In brief financial news, U.S. futures contracts showed mixed movements in the morning trading. Dow futures edged up slightly, while NASDAQ futures experienced a minor decline of approximately 0.1% (04:09). These fluctuations reflect the ongoing volatility in financial markets amidst the current economic and political developments.
This summary encapsulates the diverse range of topics covered in the NPR News Now episode, providing listeners with a well-rounded understanding of the latest news across different spheres.