Pulling Out

Welcome to the latest episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Sam Ro, Allison Schrager, and Downtown Josh Brown discuss:
Russia, Russia, Russia
Long-term consequences of the corporate pull-out from Russia
Inflation
Is Gen Z too compliant?
Downside Risk
IPO Market halted
No one could be this stupid
11.3…

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  1. A Russian merchant ship loaded with grain stolen in Ukraine has been turned away from at least one Mediterranean port and is now in the Syrian port of Latakia, according to shipping sources and Ukrainian officials.

  2. • What Vicky White and Casey White did before, during and after the manhunt
    • Hear Vicky White’s 911 call

  3. Ukraine’s armed forces released video showing Ukrainian troops destroying a Russian helicopter on Snake Island. Retired US Army Major Mike Lyons analyzes how Ukraine will fight Russia in the Black Sea.

  4. As soon as a mom gives birth, she faces a question: breast milk or formula? It is a decision many mothers like me don’t take lightly.

  5. Richard Small is a self proclaimed “NRA Republican” and long-time gun owner who says the Uvalde, Texas, shooting made him question why he owned an AR-15-style gun – a gun that has been used in multiple mass shooting in the US.

  6. In an open air exhibition in central Kyiv, Ukraine is showing off some of the Russian military weapons it has captured and destroyed in the last few months. CNN’s Matthew Chance reports.

  7. • Opinion: The big question about the January 6 hearings goes beyond Trump
    • Watch: Cheney shows testimony from Ivanka Trump, Bill Barr and Jason Miller

  8. Record gas prices drove inflation to 8.6% for 12 months ending in May, higher than the pace in April, according to the latest Consumer Price Index. CNN’s Christine Romans reports.

  9. President Joe Biden continues to promise the nation that fighting inflation is his “top economic priority” while also blaming the continued high prices on Russia’s unprovoked invasion of Ukraine. CNN’s Tom Foreman reviews this claim.

  10. Ahead of CNN’s inaugural “Juneteenth: A Global Celebration of Freedom” concert, 95-year-old activist Opal Lee, who fought for years to make Juneteenth a federal holiday, told CNN’s Don Lemon that she was “pinching herself.”

  11. • Analysis: A damning Trump quote you need to hear
    • Jan. 6 committee showed particular interest in Ivanka Trump footage, filmmaker says
    • Trump talks about Jan. 6 in never-before-seen video
    • Opinion: America was lucky Trump didn’t seize control of the DOJ

  12. With NFL quarterback Deshaun Watson facing a possible suspension from the league for his alleged conduct, a civil lawsuit has been filed against the Houston Texans for allegedly enabling his “egregious behavior” and shielding Watson to protect him and the Texans organization.

  13. Sen. Ron Johnson (R-WI) avoided CNN and other reporters in Milwaukee, refusing to answer questions about the dramatic developments in the January 6 hearings and his handling of the fake electors issue.

  14. A shootout outside a Canadian bank in British Columbia Tuesday left six officers injured and two suspects dead, authorities said.

  15. Retailers typically want their sales numbers to be red hot, not their customers. But Bed Bath & Beyond is reportedly dealing with cooled momentum and heated customers at its stores.

  16. What an irony that the central character’s name in the Supreme Court’s most recent school-prayer drama is Joseph Kennedy, the same appellation as President John F. Kennedy’s father. Facing strong anti-Catholic sentiment, Kennedy, the first Irish Catholic to become president, felt compelled to proclaim in 1960 his adherence to strict separation of church and state, assuring opponents that his policies wouldn’t reflect his personal religious views or the teachings of his faith.

  17. Buffalo Bills co-owner Kim Pegula, 53, is “progressing well” and “rehabilitating” following a health issue, a statement from the Pegula family said on Tuesday.

  18. • Sweden and Finland are set to join NATO. What happens next?
    • Analysis: How Turkey became a headache for NATO
    • Analysis: Europe sees China through a Russian lens, and Beijing is not happy

  19. The Supreme Court said on Wednesday that states have the authority to prosecute non-tribal members who commit crimes against Native Americans on Indian territory.

  20. As abortion bans go into effect in states across the US, how strongly the laws are enforced will depend on local prosecutors — and some are promising not to bring abortion providers to court.

  21. It started with an arrest and ended in partial paralysis. Randy Cox’s family is hoping newly released dash cam video helps them get justice.

  22. Chinese and Hong Kong flags flutter above streets and red celebratory banners line the harbor front, as thousands of Hong Kong police guard the city’s high-speed rail terminus, awaiting the arrival of Chinese leader Xi Jinping.

  23. Heat waves are becoming more intense because of the rise in global temperature, which has devastating effects on landscapes, ecosystems and even the human body. Climate experts explain why this matters and what can be done to stabilize the planet’s temperature.

  24. Covid lockdowns in China resulted in a rare drop in production and sales for Tesla in the second quarter.

  25. While eating dinner at a restaurant in Careiro, a small town deep in the Amazon rainforest, Daniel Jack Lyons was unexpectedly approached by a local drag performer, Wendell.

  26. The Justice Department unveiled on Friday a conspiracy charge against a Russian national accused of working with FSB agents and using unnamed political groups in the US as foreign agents of Russia.

  27. • US defies expectations with blowout July jobs report
    • Gas prices are falling. So is interest in electric cars

  28. The Israeli military launched strikes on targets in Gaza on Friday, a statement from the Israeli army said.

  29. A Manhattan neurologist recently convicted of sexual assaulting, abusing and raping six of his patients was found dead at Rikers Island on Monday, authorities said.

  30. A version of this story appeared in CNN’s Race Deconstructed newsletter. To get it in your inbox every week, sign up for free here.

  31. “The Wonder Years” actress Danica McKellar left acting to pursue a mathematics career and now she’s explaining why.

  32. The climate crisis is devastating the world’s glaciers. As they melt, ecosystems are destroyed and local industries are ravaged — and perhaps most critically, a major source of fresh water vanishes.

  33. Will Smith posted his encounter with a tarantula on Instagram and at least one arachnologist was impressed. CNN’s Jeanne Moos reports.

  34. Two members of the Proud Boys who founded an online group named “Murder the Media” pleaded guilty on Friday to obstructing the certification of the electoral college vote at the US Capitol on January 6, 2021.

  35. • Griner’s wife shares update after Biden meeting
    • LIVE UPDATES: What CNN saw on the ground at a mass burial site in Izium
    • Local politicians team up to challenge Russian President Vladimir Putin

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