What's up, sunshine?
Yay, we made it through another week.
So, let's smell the flowers and cool the soup and finish this week strong.
I'm Coy Wire with your CNN 10 minutes of news, where I simply tell you the what, letting you decide what to think.
We are less than 2 weeks from the US midterm elections and one issue taking center stage in campaigns across the country, affordability.
Inflation has pushed grocery bills higher, restaurant meals cost more, and ground beef alone has nearly doubled in price over the past 5 years.
Drought, smaller cattle herds, higher costs for ranchers to name a few reasons.
Eventually, all that can hit us right in the bank account.
Our David Goldman and I went to a legendary Atlanta burger joint with questions and appetites because sometimes understanding inflation requires eating your homework.
All right, I'm getting the OG, the original burger grindhouse style double and fries.
What are you getting?
>> Okay, I'm going to get the Impossible Burger, I think.
>> David, that's not even beef.
You're such an unc.
It's what my kids tell me every day.
So, what is up with the beef prices right now?
Yeah, I mean, American beef production prices have exploded higher in recent years for a lot of reasons, but most of them actually have to do with climate change cuz drought conditions have forced farmers to figure out other ways to feed their cattle, mostly with expensive feed as, you know, grass has dried up.
Yeah.
And and some ranchers, they're just from what I've seen are throwing in the towel.
Like herd sizes are the lowest they've been in 74 years.
That's like almost as old as you.
>> Where's our waiter?
>> 1 2 >> Hey, Coy, check it out.
67.
>> So, David, value is a huge part of the fast food game, too.
>> Yeah.
I mean, burger prices have been surging at chains like McDonald's, Burger King, Wendy's.
So much that customers have been turning away from fast food in favor of fast casual restaurants like Chili's and Applebee's.
And they cost just a small amount more than McDonald's, but they offer what they perceive as a much better value.
>> Thank you.
>> Excited.
All right.
>> Perfect.
>> David, was I lying?
>> You were not lying.
This is excellent.
Thank you, Coy.
You know, it's interesting because burger places, even legendary ones like this, they want to keep their prices low because burgers are considered a value food, right?
You can come get a nice meal without breaking the bank.
And that's the squeeze though, right?
Especially for restaurant stores like this.
I mean, burger prices have gone up 14% since 2023.
Ground beef prices though have gone up 44%.
So, you just wonder how places like this are managing.
You know what?
Let's go find the owner.
And that's today.
Yep.
All right.
Let's go.
the customer only wants to pay so much for a burger.
They're not going to be able to absorb all of our price increases.
Fortunately for Grindhouse, we've been able to uh we sell a lot of beef, so we lock in, we try to lock in an annual contract.
And so we usually feel the pain around January 1st when we find out what our new price is.
Um I know last year it was about a 10% increase >> um from last year to this year.
your cost >> our cost uh just for the beef itself.
Um there's a lot of other things that go into it.
>> Um you know all of our costs are going up these days.
>> So how much of a headache does that create for you and like trying not to hurt your customers keeping that entry level you know burger right >> times you can find another supplier that maybe uh they'll have a better deal or you know change your product cuz maybe uh you know if you're using Chuck and maybe you want to switch to sirine cuz Chuck is more expensive.
So there's always things you can look at, but at the end of the day, the price is probably going to go up.
So sometimes, yes, it'll be, well, the beef went up, but we haven't raised our milkshake prices in 5 years, so maybe if we add another 25 cents to the milkshakes, it'll kind of help us out.
So there is a little bit of that.
Um, but you know, it's it's mostly just a across the board, hey, we got to go up 10% this year because all of our products went up.
It's not just beef, it's it's everything.
>> So he raised some interesting points, right?
I mean, if he can't raise the price of burgers cuz people aren't willing to pay for it, he's got to raise the price of other things.
>> Yeah.
Well, let's check the damage.
All right.
My burger and fries >> and fries.
>> And Coke and Coke and whatever that is.
>> How did my come in under yours?
Not used to losing, are you, Coy?
Dude, that's the point.
You can still get an affordable burger.
I won.
Right.
Give me a fry.
>> Now to cyber security.
Government and company websites around the world briefly went dark and suspended some services this week after artificial intelligence helped find critical vulnerabilities across the internet.
The problems were found in a widely used programming language called PHP which is used by roughly 70% of all websites.
The bugs had been hiding in the code for years and could potentially let hackers take control of vulnerable servers or access sensitive information.
Some of the sites were temporarily shut down while patches were installed.
And here's the wow.
Researchers say AI helped them accomplish this in about a week.
Work that once might have taken an elite cyber security team months.
That's a double-edged sword, right?
AI can help find vulnerabilities faster, but that also means it can help hackers try to exploit them faster as well.
Pop quiz hot shot.
What is the most expensive Pokemon card ever sold at auction?
Charizard, Pikachu, Mewtwo, or Blastoise?
If you said Pikachu, look at you.
A super rare Pikachu illustrator card sold for 16.4 4 million bucks back in February, making it one of the most valuable trading cards on the planet.
To California now, where apparently somebody took Got to Catch Them All way too literally.
Police are investigating another major Pokemon card theft.
We're talking nearly $1 million worth of them stolen from a FedEx truck parked in front of a business that authenticates the cards and other sports memorabilia.
>> The value is definitely there.
It's it's seen as another asset class now.
It's not just stocks, bonds, and putting money in the bank.
Like, you can you can put money into cards, and whether it's Pokemon or sports, there there's a huge following, you know, across the world.
One collector says some of his cards were among those taken, many of which he called irreplaceable.
Professional sports authenticators says they have deactivated the certificates for the stolen cards and are working with some of those customers to get their money back.
Today's story getting a 10 out of 10 is about knowing where you come from and carrying it forward.
Indigenous families from across the US and Canada gathered in Montrose, Colorado for a traditional pow-wow.
We're talking drumming, dancing, stories, and generations coming together.
There are more than 700 tribes that are recognized federally or by states across the US.
I dance for the people who can't dance.
And that's what my my dad and my family told me.
You know, you dance for the people who can't dance for themselves, the elderly.
I lost my elder.
She loved gore dance.
And I dance for her to this day.
And it's nice to see everybody come out.
You know, it makes us as one together.
And that's what life is.
You know, we got to go together, not against each other.
For some dancers, every step honors an elder, ancestor, or someone who can no longer dance themselves.
For others, it's about teaching children.
So, traditions don't simply live in the past.
They live in the next generation.
>> It's just a representation of the fact that, you know, Native Americans are still here and we still value our culture a lot.
You know, we're not it's not something that we grew away from.
It's just something that we grow stronger with every single year and we take pride in that.
Something all of us can take from this.
Tradition isn't living it backward.
It's about carrying the best of the past forward.
That is our 10 for the day.
But before we go, shout out time.
This first one goes to all of our Scots at Carlmont High School in Belmont, California.
Mr.
Brown and friends, thank you for making us part of your daily airition.
I see you.
Viv, play that Friday music.
Nad there, think about this over the weekend.
what we spend, what we collect, those things can matter.
But the most valuable things, our stories, our people, our values.
Know where you come from.
Be proud of who you are and go become somebody your future self will be proud of.
Rise up.
I'm Koi Wire.
We are CNN Ted.
Heat.
Heat
Yay, we made it through another week.
So, let's smell the flowers and cool the soup and finish this week strong.
I'm Coy Wire with your CNN 10 minutes of news, where I simply tell you the what, letting you decide what to think.
We are less than 2 weeks from the US midterm elections and one issue taking center stage in campaigns across the country, affordability.
Inflation has pushed grocery bills higher, restaurant meals cost more, and ground beef alone has nearly doubled in price over the past 5 years.
Drought, smaller cattle herds, higher costs for ranchers to name a few reasons.
Eventually, all that can hit us right in the bank account.
Our David Goldman and I went to a legendary Atlanta burger joint with questions and appetites because sometimes understanding inflation requires eating your homework.
All right, I'm getting the OG, the original burger grindhouse style double and fries.
What are you getting?
>> Okay, I'm going to get the Impossible Burger, I think.
>> David, that's not even beef.
You're such an unc.
It's what my kids tell me every day.
So, what is up with the beef prices right now?
Yeah, I mean, American beef production prices have exploded higher in recent years for a lot of reasons, but most of them actually have to do with climate change cuz drought conditions have forced farmers to figure out other ways to feed their cattle, mostly with expensive feed as, you know, grass has dried up.
Yeah.
And and some ranchers, they're just from what I've seen are throwing in the towel.
Like herd sizes are the lowest they've been in 74 years.
That's like almost as old as you.
>> Where's our waiter?
>> 1 2 >> Hey, Coy, check it out.
67.
>> So, David, value is a huge part of the fast food game, too.
>> Yeah.
I mean, burger prices have been surging at chains like McDonald's, Burger King, Wendy's.
So much that customers have been turning away from fast food in favor of fast casual restaurants like Chili's and Applebee's.
And they cost just a small amount more than McDonald's, but they offer what they perceive as a much better value.
>> Thank you.
>> Excited.
All right.
>> Perfect.
>> David, was I lying?
>> You were not lying.
This is excellent.
Thank you, Coy.
You know, it's interesting because burger places, even legendary ones like this, they want to keep their prices low because burgers are considered a value food, right?
You can come get a nice meal without breaking the bank.
And that's the squeeze though, right?
Especially for restaurant stores like this.
I mean, burger prices have gone up 14% since 2023.
Ground beef prices though have gone up 44%.
So, you just wonder how places like this are managing.
You know what?
Let's go find the owner.
And that's today.
Yep.
All right.
Let's go.
the customer only wants to pay so much for a burger.
They're not going to be able to absorb all of our price increases.
Fortunately for Grindhouse, we've been able to uh we sell a lot of beef, so we lock in, we try to lock in an annual contract.
And so we usually feel the pain around January 1st when we find out what our new price is.
Um I know last year it was about a 10% increase >> um from last year to this year.
your cost >> our cost uh just for the beef itself.
Um there's a lot of other things that go into it.
>> Um you know all of our costs are going up these days.
>> So how much of a headache does that create for you and like trying not to hurt your customers keeping that entry level you know burger right >> times you can find another supplier that maybe uh they'll have a better deal or you know change your product cuz maybe uh you know if you're using Chuck and maybe you want to switch to sirine cuz Chuck is more expensive.
So there's always things you can look at, but at the end of the day, the price is probably going to go up.
So sometimes, yes, it'll be, well, the beef went up, but we haven't raised our milkshake prices in 5 years, so maybe if we add another 25 cents to the milkshakes, it'll kind of help us out.
So there is a little bit of that.
Um, but you know, it's it's mostly just a across the board, hey, we got to go up 10% this year because all of our products went up.
It's not just beef, it's it's everything.
>> So he raised some interesting points, right?
I mean, if he can't raise the price of burgers cuz people aren't willing to pay for it, he's got to raise the price of other things.
>> Yeah.
Well, let's check the damage.
All right.
My burger and fries >> and fries.
>> And Coke and Coke and whatever that is.
>> How did my come in under yours?
Not used to losing, are you, Coy?
Dude, that's the point.
You can still get an affordable burger.
I won.
Right.
Give me a fry.
>> Now to cyber security.
Government and company websites around the world briefly went dark and suspended some services this week after artificial intelligence helped find critical vulnerabilities across the internet.
The problems were found in a widely used programming language called PHP which is used by roughly 70% of all websites.
The bugs had been hiding in the code for years and could potentially let hackers take control of vulnerable servers or access sensitive information.
Some of the sites were temporarily shut down while patches were installed.
And here's the wow.
Researchers say AI helped them accomplish this in about a week.
Work that once might have taken an elite cyber security team months.
That's a double-edged sword, right?
AI can help find vulnerabilities faster, but that also means it can help hackers try to exploit them faster as well.
Pop quiz hot shot.
What is the most expensive Pokemon card ever sold at auction?
Charizard, Pikachu, Mewtwo, or Blastoise?
If you said Pikachu, look at you.
A super rare Pikachu illustrator card sold for 16.4 4 million bucks back in February, making it one of the most valuable trading cards on the planet.
To California now, where apparently somebody took Got to Catch Them All way too literally.
Police are investigating another major Pokemon card theft.
We're talking nearly $1 million worth of them stolen from a FedEx truck parked in front of a business that authenticates the cards and other sports memorabilia.
>> The value is definitely there.
It's it's seen as another asset class now.
It's not just stocks, bonds, and putting money in the bank.
Like, you can you can put money into cards, and whether it's Pokemon or sports, there there's a huge following, you know, across the world.
One collector says some of his cards were among those taken, many of which he called irreplaceable.
Professional sports authenticators says they have deactivated the certificates for the stolen cards and are working with some of those customers to get their money back.
Today's story getting a 10 out of 10 is about knowing where you come from and carrying it forward.
Indigenous families from across the US and Canada gathered in Montrose, Colorado for a traditional pow-wow.
We're talking drumming, dancing, stories, and generations coming together.
There are more than 700 tribes that are recognized federally or by states across the US.
I dance for the people who can't dance.
And that's what my my dad and my family told me.
You know, you dance for the people who can't dance for themselves, the elderly.
I lost my elder.
She loved gore dance.
And I dance for her to this day.
And it's nice to see everybody come out.
You know, it makes us as one together.
And that's what life is.
You know, we got to go together, not against each other.
For some dancers, every step honors an elder, ancestor, or someone who can no longer dance themselves.
For others, it's about teaching children.
So, traditions don't simply live in the past.
They live in the next generation.
>> It's just a representation of the fact that, you know, Native Americans are still here and we still value our culture a lot.
You know, we're not it's not something that we grew away from.
It's just something that we grow stronger with every single year and we take pride in that.
Something all of us can take from this.
Tradition isn't living it backward.
It's about carrying the best of the past forward.
That is our 10 for the day.
But before we go, shout out time.
This first one goes to all of our Scots at Carlmont High School in Belmont, California.
Mr.
Brown and friends, thank you for making us part of your daily airition.
I see you.
Viv, play that Friday music.
Nad there, think about this over the weekend.
what we spend, what we collect, those things can matter.
But the most valuable things, our stories, our people, our values.
Know where you come from.
Be proud of who you are and go become somebody your future self will be proud of.
Rise up.
I'm Koi Wire.
We are CNN Ted.
Heat.
Heat