Thursday, October 31, 2019

Daily Skimm: Thursday I don’t care about you

Skimm'd while making smart money moves

OCTOBER 31, 2019

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Skimm'd while making smart money moves


  QUOTE OF THE DAY  

"The climate movement does not need any more awards" – Greta Thunberg, rejecting an environmental prize. More action, less accolades.

GENOCIDE

The Story

Turkey is lashing out after US lawmakers formally acknowledged the Armenian genocide.

Explain.

Around the turn of the 20th century, the Ottoman Empire was crumbling. Religious minorities – including some Christians – started to rebel, and many were the subject of attacks. When the Ottomans sided with the Germans during World War I, many of them distrusted the loyalty of the Christian Armenians in the east, some of whom collaborated with the Russians.

So...what happened?

Mass killings. On April 24, 1915, hundreds of Armenian intellectuals were rounded up and ultimately executed. Others were also deported to places like Syria, and many starved to death or were killed while making the trek. In all, an estimated 1.5 million Armenians were killed. It was widely believed to be the first genocide of the 20th century. But to date, the US has been hesitant to call it that.

Why?

Turkey (aka the Ottoman Empire's successor) doesn't take lightly to acknowledgement of the genocide. It admits that Armenians were killed during World War I, but rejects that this was a systematic effort. It has also disputed the number of people killed (though historians stand by the figure). It's been a crime in Turkey to even bring up what happened to the Armenians.

And the US defers to Turkey's narrative...why exactly?

It's a NATO ally. And it's played a key role in US operations in the Middle East, including the fight against ISIS. So for years the gov hasn't been willing to call the genocide by its name – though lawmakers in the House have voted for it, as far back as the 1970s. Now, with Turkey's recent offensive against the US's Kurdish allies in Syria, there was enough bipartisan support in the House to get it passed again.

I can't imagine Turkey is happy.

It's not: it dismissed the move as an insult and says this will damage the US-Turkey relationship.

theSkimm

This is a major move by a chamber of Congress to acknowledge the Armenian genocide, more than a century after it happened and after several countries have already done so. It's unclear if the Trump admin will follow the House's lead. Still, many see it as recognition of a genocide that has harmed and impacted Armenians around the world.


Skimm This: Our recent podcast ep explains what this resolution means and goes into the background of the Armenian genocide.

AND ALSO...THIS

What's not getting retweeted…

Political ads. Yesterday, Twitter said it's banning them from its platform. This is seen as a big step as tech companies try to prevent the spread of misinformation online. It's also seen as a complete 180 from Facebook's policy on political ads: that it'll keep running them, even if the ads include info that isn't true. Twitter's rules will apply to political ads around the world, but it'll make some exceptions (think: voter participation ads). The changes will take effect next month.


…Oh and speaking of things getting blocked, there's Deadspin. The site's owner told the staff to "stick to sports." That didn't end well.


What's dressing up as Edward Scissorhands this Halloween…

The Federal Reserve. Yesterday, it cut interest rates for the third time this year. The goal: give the US economy a boost amid a global economic slowdown. But the Fed also hinted that it'll likely slow its roll with cuts in the near future. That's because issues that led to previous cuts – like the US-China trade war and Brexit – seem to be on the mend.


…Oh and speaking of costumes, Fiat Chrysler and PSA are going as a couple this year. Today, the two announced they were merging to create the world's fourth largest automaker.


$: What's your money got to do with it? Here's how lower interest rates can affect your wallet.


What's in water that just keeps getting hotter and hotter…

Juul. The e-cigarette company is being accused of selling at least 1 million tainted nicotine pods. Earlier this week, a former exec sued the company for allegedly firing him after he raised flags about the "contaminated" pods. The company called the allegations "baseless." All this comes amid a vaping crisis that has been tied to hundreds of illnesses and 34 deaths across the US.


Who'll have "We Are The Champions" on repeat all weekend...

The Washington Nationals. Last night, they beat the Houston Astros in Game 7 of the World Series. It's the Nats' first title in franchise history. And say 'hey, pitcher, pitcher' to the new World Series MVP: pitcher Stephen Strasburg.


Skimm More: Missed Game 7? Download theSkimm App and start your free trial so it doesn't happen again. Our calendar syncs with yours so you have a heads up when big events are going down.


Whose Halloween costume was on par with this kid's...

The Carters, er, the Wilsons.

WHERE THINGS STAND

The impeachment inquiry is still going strong as officials testify behind closed doors to lawmakers. Here's your update, Skimm'd:


Person to know: Lt. Col. Alexander Vindman. The top Ukraine expert on the National Security Council who listened in on that July 25 phone call between President Trump and Ukraine's president. Earlier this week, he testified that he tried to revise the transcript to include details he says were omitted.


Next steps: Today, the House is expected to hold a formal vote on how to go forward with the impeachment process. Dems think it'll pass.

SKIMM MONEY

Having a baby can be scary...for your sleep schedule and your bank account. Hearing how other parents prepped can dial the fear factor down a notch. Watch Andria's story to see what costs to expect when you're expecting.

SKIMM PICKS

For when your denim isn't doing you justice…

This will not stand. Enter this company. Their '90s cheeky jeans are extra-high rise and the rear fit gives you a little boost. Bonus: get free shipping on two or more items. Court adjourned.*


For when you've just signed a new lease…

Here's to beginnings. Keep your new digs safe with affordable renters insurance from this company. Plans starts at $5 per month. PS: they also have homeowners insurance. Cheers.*


For when your Halloween decorations are on point…

Spooky. But your vitamins shouldn't be. This company was created to help fill the nutrient gaps in women's diets with science-backed vitamins. Psst...Skimm'rs get a special offer. Ghost for it.*


For when your costume's wig kind of looks good...

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*PS This is a sponsored post.

SKIMM'RS

Chef's kiss to...Ridhima P (CO). In June, she graduated from Drexel University with a bachelor's in culinary science. Now she's starting her dream job as an associate food product developer in Denver.


Photo finish for...Nadia P (OR). She's owned her own photography business as a side hustle since 2010. Starting next month, she'll be focused on it full-time.


(Some) Birthdays…Kevin Stuczynski (OH), Baba Barnett (NC), Abby Gardner (NY), Adam Braun (NY), Genae Randall (NC), Christina Kung (DC), Cathy Sondheim (CT), Kristina Montville (NY), Kaitlyn Murphy (IL), Amanda Neveu (MA), Bruce Miler (NY), Cara Miller (MA), Jennifer Stevenson (DC), Diana Davila Elizondo (TX), Jenn Vautier (CA)


*Paging all members of theSkimm. Reach out here for a chance to be featured.

SKIMM SHARE

Skimm HQ is celebrating Halloween with pumpkin painting and a costume contest. Share theSkimm with your friends who are celebrating with scary movies and all the candy.

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Copyright (c) 2019 theSkimm, All rights reserved.

Our mailing address is:

theSkimm Inc. 50 West 23rd Street, Suite 5B

New York, NY, 10010, United States

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Wednesday, October 30, 2019

Daily Skimm: And Wednesday too

OCTOBER 30, 2019

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SHOP SMARTER

Skimm'd while prepping for holiday season


  QUOTE OF THE DAY  

"The pants have a broken zip" – Olivia Newton-John on her "Grease" outfit that's being auctioned off. Hopelessly devoted to...this look.

ALL I SEE IS DOLLAR SIGNS

The Story

The NCAA is letting college athletes cash in on their fame.

Explain.

The NCAA has long said that the idea of college athletes making money off of their name or talent won't fly. The reason? To help separate amateur athletes from professional ones and avoid some schools getting an unfair recruiting advantage. But critics have pointed out that college athletes help the NCAA make hundreds of millions of dollars every year. And say that they deserve a cut, too.

And now…?

The NCAA is changing its tune. Yesterday, it unanimously voted to let athletes get paid for the use of their name, image, and likeness. But it's up to the three NCAA divisions to come up with new rules on this by Jan 2021.

Why the change of heart?

The NCAA has faced growing pressure from lawmakers, who recently upped the ante. Case in point: last month, California became the first state to allow college athletes to make money through endorsement deals. And states like Illinois and New York – as well as the federal gov – are considering similar legislation.

theSkimm

The NCAA has become one of the most powerful money-making organizations in the sports world – and that's in no small part because of those unpaid college athletes. This move is seen as a step in the right direction, but one that lawmakers want to make sure actually happens...and isn't all talk.


Skimm More: theSkimm App has an audio episode that explains the business of college sports. Download the app to listen.

AND ALSO...THIS

Who people are mourning…

John Witherspoon aka "Pops." The comedian and actor died yesterday at the age of 77. Witherspoon starred in many movies like the "Friday" franchise, and series like "The Tracy Morgan Show" and "The Wayans Bros." Witherspoon was also a famous stand-up comedian who was set to take the stage later this year. His family released a statement on Twitter saying he was "a Legend in the entertainment industry, and a father figure to all who watched him over the years." RIP.


Who's updating their resume...

Lebanese PM Saad Hariri. Yesterday, he said he's resigning after almost two weeks of protests. They started over a proposed tax on apps like WhatsApp but soon turned into anti-gov protests, with many frustrated over the country's looming economic crisis and high levels of corruption. Hariri tried to address protesters' concerns by offering reforms, including cutting gov officials' salaries – but protesters weren't impressed. So yesterday he said he's stepping down. While protesters may be celebrating, this isn't expected to improve the economic situation, and could shake up the political situation for better or worse.


What didn't get the green light…

Alabama's abortion law. Yesterday, a federal judge temporarily blocked the law, which would have banned abortions except for cases when the mother's life is at risk. It's the country's most restrictive abortion ban passed this year and was set to go into effect next month. But like the eight other abortion restriction bills that states passed this year, it's been blocked from going into effect, at least for now.


Skimm More: We talked to former Texas Rep. Beto O'Rourke about how he'd handle abortion cases if he were elected president. Check out our interview here – then catch up with the other 2020 candidates.


What we might be underestimating…

The effects of climate change. Researchers say that 300 million people live in places that could experience annual floods by 2050 – reportedly more than three times as many as previously thought. Countries in Asia (think: Bangladesh, India, and China) may be especially at risk of rising sea levels. One country that's already been adjusting: Indonesia. It's moving its capital from Jakarta to a new capital city on Borneo island, in part because Jakarta is sinking.


When you misplace all of your things, like always…

At least HBO knows where its dragons are.

THING TO KNOW

"Ok boomer"

Gen Z's response to criticisms from older generations. From climate change to economic inequality, Gen Zers are sick and tired of being pushed aside. Meet, Gen Z-ero time for bullsh*t.

SKIMM PICKS

For when you get the big promotion...

Just call me 'boss.' Enter Billie the Label. They have power suits, staple sweaters and other timeless pieces that look like confidence feels. PS: Skimm'rs get 20% off. Go get 'em.*


For when your closet is full of great OOTDs…

Treat them with care. The Laundress can help. Their laundry starter kit has everything you need to wash your clothes and linens, minus toxic chemicals. Psst...Skimmr's get 25% off site-wide for one week only. Go go go.*


For when you're hiring like crazy…

Now we're cooking with gas. Take care of your IT needs with this company. They can help you manage your Apple devices remotely. Think: setting up devices, fixing issues, and protecting passwords. Get started with a free account here.*

*PS This is a sponsored post.

SKIMM'RS

Hacking up a storm…Meghan S (PA). She ran a six-hour hackathon designed to address single-use plastics in the workplace and people's personal lives.


Setting the bar high…Lauren R (MI). She was the first person in her family to attend college. Now, she passed the bar and is a licensed attorney.


(Some) Birthdays…theSkimm's Avery Carpenter (NY), theSkimm's Johann Kerr (NY), Quinn Cole (WA), Sarah Visse (OR), Cindy Bambini (MO), Ashley Kingsley (CO), Sue Rosencrantz (IN), Stephanie Amos (CA), Mary Bernard (SC), Brittany Dusek (TX), Supriya Shri Shree Prakash (CA), Shae Jackson (MD), Julia Cherry (IL), Sandra Thomann (GA), Shelly Reed (TN)


*Paging all members of theSkimm. Reach out here for a chance to be featured.

SKIMM SHARE

Skimm HQ is chomping on candy corn like there's no tomorrow. Share theSkimm with your anti-candy corn friends who need to be convinced.

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Skimm'd something we missed?

skimmthis@theSkimm.com

Issues?

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Copyright (c) 2019 theSkimm, All rights reserved.

Our mailing address is:

theSkimm Inc. 50 West 23rd Street, Suite 5B

New York, NY, 10010, United States

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