FBI Undercover, Encinitas Surf, Christian McCaffrey, Gold Standard, Ticketmaster.

June 05, 2024

SE02:EP114

In today's episode, we remember the 91st anniversary of the United States abandoning the gold standard, a move that came after Congress nullified creditors' rights to demand gold payments. In the Surf Report for Encinitas and North County, we'll see a playful mix of swells with thigh to waist-high waves at average breaks and chest-high waves at combo and windswell focal points. Next, we check the weather, expecting patchy fog in the morning followed by cloudy skies with a high near 66 degrees. Local news focuses on San Diego gene-sequencing giant, Illumina, spinning off early cancer-detecting startup; "Grail" for the second time, after a failed $7 billion acquisition. Sports highlights Christian McCaffrey signing a two-year extension with the 49ers, making him the highest-paid running back through 2027. Top News dives into the FBI's undercover operation, running its own encrypted cell phone company, Anom, as part of a massive sting operation called Operation Trojan Shield. Business news covers the data glitch that caused Warren Buffett's Berkshire Hathaway shares to plummet to $185 each on June 3rd. Science discusses the FDA advisers' vote against approving MDMA for PTSD therapy, citing numerous trial flaws. Finally, in Entertainment, we learn about Elizabeth Warren criticizing Ticketmaster and Live Nation for monopolistic practices that harm artists, venues, and consumers. We conclude the episode with a quote from Franklin D. Roosevelt, reflecting on the intentional nature of political events.

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