What's up, sunshine?
We made it.
Five days of alarms, assignments, practices, projects, and whatever else life threw at you.
Here we are.
I'm Koi Wire.
Today, we are talking about your money, your social media, the secrets of living to 100, the world's coolest neighborhood, and more.
10 minutes, big world.
Let's finish this week strong.
Rise up.
For the first time in more than 3 years, the Federal Reserve is raising interest rates.
The Fed unanimously bumped its key rate up a quarter point, and most policy makers expect at least one more hike this year.
Why?
Inflation is heating back up.
Quick refresher, inflation simply means prices overall are rising.
So each dollar in our pocket buys a little less than it did before.
And recently, soaring energy prices connected to the war with Iran have added to that pressure.
The Fed's goal, cool spending and borrowing and ultimately prices.
For the past 3 years, the Fed had been moving rates mostly the other way.
Now, America's central bank believes inflation is enough of a concern that it's hitting the brakes again.
Our David Goldman is here to break down the situation.
What's up, Goldman?
>> Hey, Ky.
The Fed made a big decision this week and that was to raise its target interest rate by a quarter point.
That means banks are going to charge more to businesses to lend money.
And when businesses have more expenses, that can slow the economy down.
Why would the Fed want to slow the economy down?
It's because inflation is way too hot.
Prices are up 3.4% over the past year.
Fed wants that closer to 2%.
And this has been higher than their target for more than 5 years.
Why is it rising?
Well, a lot of this has to do with fuel.
$19 billion in added expenses during the Iran war.
That's $820 per household just during the course of the war.
So, what is going on and what does it mean for you?
Well, higher rates make it more expensive to buy a home.
And it also means it's more expensive to buy a car and all kinds of other consumer loans when that makes it more expensive.
It means that you pay more.
So, why is the Fed doing this kind of thing?
Because it wants to make prices stop rising so fast.
That's the goal.
Will it do it?
We'll have to see.
But this is a very very important and big decision for the economy.
Now to Europe where leaders are proposing new rules that could dramatically change who gets to use social media and how.
The European Commission president has proposed banning social media accounts for children younger than 13 with parental controls required for kids aged 13 through 15.
The broader proposal would also cover things like AI chat bots, video sharing platforms, and online games and target features designed to keep young users scrolling.
Why European leaders point to concerns about addictive technology, harmful content, and potential effects on young people's well-being?
This is a proposal, not a law.
It would still have to make their way through the European Union's legislative process.
It also raises a big question.
How young is too young for social media?
That's one worth discussing.
Pop quiz hot shot.
What is the term for a person who lives to be at least 100 years old?
Centinarian, millinarian, centennial, or unk.
If you say centinarian, you keep it 100.
Scent comes from the Latin word for 100.
Same root we find in century, centimeter, even percent.
And if you live to 110, you graduate to super centinarian.
Apparently at 110, even the word gets an upgrade.
Japan now has more centinarians than ever before.
For the first time, more than 100,000 people there are at least 100 years old.
Actually, make that 107,677.
Nearly 88% of them are women.
The number has now risen for an incredible 56 years in a row.
Among them, Fuyo Kishimoto of Kyoto, Japan's oldest living person at 114 years old.
When she was born, the Titanic hadn't even sailed yet.
And have you ever heard of the term blue zone?
Geographic areas where researchers have documented unusually high longevity, including Okinawa, Japan.
Scientists are still studying why some communities produce so many centinarians.
And there's no magic recipe, but researchers have found some interesting patterns associated with healthy aging.
more plant-rich foods like veggies and beans.
Regular daily movement, even just walking or gardening, strong social connections, less screen time, and more hang time with family and friends.
Perpetual sense of purpose.
In Japan, it's a concept called ikigai.
Essentially, your reason for being waking up every day remembering that you matter and bring value to the people and world around you.
What makes a neighborhood cool?
Restaurants, the people, the history, maybe all of it.
Pack your bags.
We are headed to the coolest neighborhood in the world for 2026.
It's Soul's Jung Nosanga.
According to Timeout Magazine, this lively neighborhood is a mashup of trendy shops, sizzling street food.
It's old soul meeting new soul.
Let's find out what happens when a neighborhood doesn't erase its past, but instead builds on it.
Our Gage Golding takes us there.
This is the coolest neighborhood in the world, and it's right here in South Korea.
These tight alleyways are packed with cafes and little shops everywhere you look.
And they're the heart of the Jungo Saman neighborhood which Time Out magazine just named the coolest neighborhood in the entire world.
>> The food, the culture, everything you have all here in this uh place.
It's what draws so many people here, locals and tourists both, to the mesmerizing maze-like neighborhood near Soul's Jung Shrine.
Timeout, a global travel brand, says the neighborhood has long been a social media darling and just recently seen a revival thanks to Cheap Eats paired with the laid-back and low-key atmosphere.
And what I think is super unique about this little part of town is that you can reach out and touch both of these shops.
That's how narrow these walkways are.
>> It's very cool here.
It's >> very traditional.
It looks like very traditional.
>> Have like a mix of uh of culture and foods and you can taste different foods with different types of foods.
>> So the steamed bread and dessert, French toast and honey bread.
>> Miltos is the first restaurant named in the timeout piece.
They call it the start to a perfect day.
>> That's phenomenal.
This is a good way to start your day.
>> Yeah.
Right.
It's not that heavy but not that like light for the breakfast.
So people mainly come in in the morning >> because there's really long waiting line in the morning.
>> So were you surprised when we told you that this area is the coolest neighborhood in the world?
>> Thing is I it's best but I didn't know it's really popular to the other other country.
Today's story getting a 10 out of 10.
Not to be corny, but it's amazing.
Yes, I've been waiting all day to say that.
Corn mazes dedicated to Dolly Parton are popping up all across America.
20 farms have carved massive Dolly themed corn fields honoring the country music legend while supporting her beloved Imagination Library, which provides free books to kids.
The mazes were actually planned before Dolly passed last month, and now they've taken on a whole new meaning.
One farm owner says the hardest part to navigate is Dolly's hair.
>> She has a lot of it and it comes to little tips and you don't know where the next little opening is going to be.
>> Dolly once said, "If you want the rainbow, you got to put up with the rain." And now apparently if you want the exit, you got to make it through the main.
Amazing tribute.
Beautiful purpose.
Before we go, some love for the best viewers on the planet.
You.
Our first shout out goes to Miss Ferguson at Pine Forge Academy in Pennsylvania.
Thank you for following us on the Tik Tok and shout out international style.
Men Davided Academy in Panama City.
Panama the only place in the world where you can see the sunrise over the Pacific and set over the Atlantic.
Play that Friday music this weekend.
Rest some play some.
Laugh a lot.
And remember, a long life is measured in years.
But a great life that's measured in what you do with them.
Make someone smile.
Lend a helping hand.
You are more powerful than you know.
I'm Koi Wire and we are CNN 10.
Heat.
Heat.
We made it.
Five days of alarms, assignments, practices, projects, and whatever else life threw at you.
Here we are.
I'm Koi Wire.
Today, we are talking about your money, your social media, the secrets of living to 100, the world's coolest neighborhood, and more.
10 minutes, big world.
Let's finish this week strong.
Rise up.
For the first time in more than 3 years, the Federal Reserve is raising interest rates.
The Fed unanimously bumped its key rate up a quarter point, and most policy makers expect at least one more hike this year.
Why?
Inflation is heating back up.
Quick refresher, inflation simply means prices overall are rising.
So each dollar in our pocket buys a little less than it did before.
And recently, soaring energy prices connected to the war with Iran have added to that pressure.
The Fed's goal, cool spending and borrowing and ultimately prices.
For the past 3 years, the Fed had been moving rates mostly the other way.
Now, America's central bank believes inflation is enough of a concern that it's hitting the brakes again.
Our David Goldman is here to break down the situation.
What's up, Goldman?
>> Hey, Ky.
The Fed made a big decision this week and that was to raise its target interest rate by a quarter point.
That means banks are going to charge more to businesses to lend money.
And when businesses have more expenses, that can slow the economy down.
Why would the Fed want to slow the economy down?
It's because inflation is way too hot.
Prices are up 3.4% over the past year.
Fed wants that closer to 2%.
And this has been higher than their target for more than 5 years.
Why is it rising?
Well, a lot of this has to do with fuel.
$19 billion in added expenses during the Iran war.
That's $820 per household just during the course of the war.
So, what is going on and what does it mean for you?
Well, higher rates make it more expensive to buy a home.
And it also means it's more expensive to buy a car and all kinds of other consumer loans when that makes it more expensive.
It means that you pay more.
So, why is the Fed doing this kind of thing?
Because it wants to make prices stop rising so fast.
That's the goal.
Will it do it?
We'll have to see.
But this is a very very important and big decision for the economy.
Now to Europe where leaders are proposing new rules that could dramatically change who gets to use social media and how.
The European Commission president has proposed banning social media accounts for children younger than 13 with parental controls required for kids aged 13 through 15.
The broader proposal would also cover things like AI chat bots, video sharing platforms, and online games and target features designed to keep young users scrolling.
Why European leaders point to concerns about addictive technology, harmful content, and potential effects on young people's well-being?
This is a proposal, not a law.
It would still have to make their way through the European Union's legislative process.
It also raises a big question.
How young is too young for social media?
That's one worth discussing.
Pop quiz hot shot.
What is the term for a person who lives to be at least 100 years old?
Centinarian, millinarian, centennial, or unk.
If you say centinarian, you keep it 100.
Scent comes from the Latin word for 100.
Same root we find in century, centimeter, even percent.
And if you live to 110, you graduate to super centinarian.
Apparently at 110, even the word gets an upgrade.
Japan now has more centinarians than ever before.
For the first time, more than 100,000 people there are at least 100 years old.
Actually, make that 107,677.
Nearly 88% of them are women.
The number has now risen for an incredible 56 years in a row.
Among them, Fuyo Kishimoto of Kyoto, Japan's oldest living person at 114 years old.
When she was born, the Titanic hadn't even sailed yet.
And have you ever heard of the term blue zone?
Geographic areas where researchers have documented unusually high longevity, including Okinawa, Japan.
Scientists are still studying why some communities produce so many centinarians.
And there's no magic recipe, but researchers have found some interesting patterns associated with healthy aging.
more plant-rich foods like veggies and beans.
Regular daily movement, even just walking or gardening, strong social connections, less screen time, and more hang time with family and friends.
Perpetual sense of purpose.
In Japan, it's a concept called ikigai.
Essentially, your reason for being waking up every day remembering that you matter and bring value to the people and world around you.
What makes a neighborhood cool?
Restaurants, the people, the history, maybe all of it.
Pack your bags.
We are headed to the coolest neighborhood in the world for 2026.
It's Soul's Jung Nosanga.
According to Timeout Magazine, this lively neighborhood is a mashup of trendy shops, sizzling street food.
It's old soul meeting new soul.
Let's find out what happens when a neighborhood doesn't erase its past, but instead builds on it.
Our Gage Golding takes us there.
This is the coolest neighborhood in the world, and it's right here in South Korea.
These tight alleyways are packed with cafes and little shops everywhere you look.
And they're the heart of the Jungo Saman neighborhood which Time Out magazine just named the coolest neighborhood in the entire world.
>> The food, the culture, everything you have all here in this uh place.
It's what draws so many people here, locals and tourists both, to the mesmerizing maze-like neighborhood near Soul's Jung Shrine.
Timeout, a global travel brand, says the neighborhood has long been a social media darling and just recently seen a revival thanks to Cheap Eats paired with the laid-back and low-key atmosphere.
And what I think is super unique about this little part of town is that you can reach out and touch both of these shops.
That's how narrow these walkways are.
>> It's very cool here.
It's >> very traditional.
It looks like very traditional.
>> Have like a mix of uh of culture and foods and you can taste different foods with different types of foods.
>> So the steamed bread and dessert, French toast and honey bread.
>> Miltos is the first restaurant named in the timeout piece.
They call it the start to a perfect day.
>> That's phenomenal.
This is a good way to start your day.
>> Yeah.
Right.
It's not that heavy but not that like light for the breakfast.
So people mainly come in in the morning >> because there's really long waiting line in the morning.
>> So were you surprised when we told you that this area is the coolest neighborhood in the world?
>> Thing is I it's best but I didn't know it's really popular to the other other country.
Today's story getting a 10 out of 10.
Not to be corny, but it's amazing.
Yes, I've been waiting all day to say that.
Corn mazes dedicated to Dolly Parton are popping up all across America.
20 farms have carved massive Dolly themed corn fields honoring the country music legend while supporting her beloved Imagination Library, which provides free books to kids.
The mazes were actually planned before Dolly passed last month, and now they've taken on a whole new meaning.
One farm owner says the hardest part to navigate is Dolly's hair.
>> She has a lot of it and it comes to little tips and you don't know where the next little opening is going to be.
>> Dolly once said, "If you want the rainbow, you got to put up with the rain." And now apparently if you want the exit, you got to make it through the main.
Amazing tribute.
Beautiful purpose.
Before we go, some love for the best viewers on the planet.
You.
Our first shout out goes to Miss Ferguson at Pine Forge Academy in Pennsylvania.
Thank you for following us on the Tik Tok and shout out international style.
Men Davided Academy in Panama City.
Panama the only place in the world where you can see the sunrise over the Pacific and set over the Atlantic.
Play that Friday music this weekend.
Rest some play some.
Laugh a lot.
And remember, a long life is measured in years.
But a great life that's measured in what you do with them.
Make someone smile.
Lend a helping hand.
You are more powerful than you know.
I'm Koi Wire and we are CNN 10.
Heat.
Heat.