WEBVTT

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What's up, sunshine? Happy Friday. We

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made it. Five days of alarms,

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assignments, practices, projects, and

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whatever else life threw at you. Here we

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are. I'm Koi Wire. Today, we are talking

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about your money, your social media, the

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secrets of living to 100, the world's

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coolest neighborhood, and more. 10

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minutes, big world. Let's finish this

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week strong. Rise up. For the first time

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in more than 3 years, the Federal

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Reserve is raising interest rates. The

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Fed unanimously bumped its key rate up a

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quarter point, and most policy makers

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expect at least one more hike this year.

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Why? Inflation is heating back up. Quick

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refresher, inflation simply means prices

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overall are rising. So each dollar in

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our pocket buys a little less than it

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did before. And recently, soaring energy

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prices connected to the war with Iran

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have added to that pressure. The Fed's

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goal, cool spending and borrowing and

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ultimately prices. For the past 3 years,

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the Fed had been moving rates mostly the

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other way. Now, America's central bank

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believes inflation is enough of a

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concern that it's hitting the brakes

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again. Our David Goldman is here to

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break down the situation. What's up,

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Goldman?

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>> Hey, Ky. The Fed made a big decision

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this week and that was to raise its

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target interest rate by a quarter point.

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That means banks are going to charge

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more to businesses to lend money. And

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when businesses have more expenses, that

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can slow the economy down. Why would the

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Fed want to slow the economy down? It's

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because inflation is way too hot. Prices

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are up 3.4%

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over the past year. Fed wants that

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closer to 2%. And this has been higher

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than their target for more than 5 years.

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Why is it rising? Well, a lot of this

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has to do with fuel. $19 billion in

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added expenses during the Iran war.

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That's $820

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per household just during the course of

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the war. So, what is going on and what

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does it mean for you? Well, higher rates

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make it more expensive to buy a home.

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And it also means it's more expensive to

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buy a car and all kinds of other

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consumer loans when that makes it more

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expensive. It means that you pay more.

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So, why is the Fed doing this kind of

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thing? Because it wants to make prices

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stop rising so fast. That's the goal.

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Will it do it? We'll have to see. But

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this is a very very important and big

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decision for the economy. Now to Europe

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where leaders are proposing new rules

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that could dramatically change who gets

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to use social media and how. The

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European Commission president has

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proposed banning social media accounts

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for children younger than 13 with

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parental controls required for kids aged

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13 through 15. The broader proposal

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would also cover things like AI chat

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bots, video sharing platforms, and

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online games and target features

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designed to keep young users scrolling.

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Why European leaders point to concerns

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about addictive technology, harmful

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content, and potential effects on young

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people's well-being? This is a proposal,

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not a law. It would still have to make

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their way through the European Union's

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legislative process. It also raises a

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big question. How young is too young for

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social media? That's one worth

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discussing.

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Pop quiz hot shot. What is the term for

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a person who lives to be at least 100

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years old? Centinarian, millinarian,

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centennial, or unk.

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If you say centinarian, you keep it 100.

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Scent comes from the Latin word for 100.

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Same root we find in century,

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centimeter, even percent. And if you

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live to 110, you graduate to super

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centinarian. Apparently at 110, even the

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word gets an upgrade. Japan now has more

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centinarians than ever before. For the

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first time, more than 100,000 people

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there are at least 100 years old.

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Actually, make that 107,677.

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Nearly 88% of them are women. The number

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has now risen for an incredible 56 years

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in a row. Among them, Fuyo Kishimoto of

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Kyoto, Japan's oldest living person at

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114 years old. When she was born, the

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Titanic hadn't even sailed yet. And have

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you ever heard of the term blue zone?

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Geographic areas where researchers have

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documented unusually high longevity,

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including Okinawa, Japan. Scientists are

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still studying why some communities

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produce so many centinarians. And

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there's no magic recipe, but researchers

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have found some interesting patterns

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associated with healthy aging. more

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plant-rich foods like veggies and beans.

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Regular daily movement, even just

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walking or gardening, strong social

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connections, less screen time, and more

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hang time with family and friends.

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Perpetual sense of purpose. In Japan,

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it's a concept called ikigai.

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Essentially, your reason for being

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waking up every day remembering that you

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matter and bring value to the people and

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world around you. What makes a

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neighborhood cool? Restaurants, the

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people, the history, maybe all of it.

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Pack your bags. We are headed to the

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coolest neighborhood in the world for

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2026. It's Soul's Jung Nosanga.

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According to Timeout Magazine, this

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lively neighborhood is a mashup of

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trendy shops, sizzling street food. It's

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old soul meeting new soul. Let's find

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out what happens when a neighborhood

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doesn't erase its past, but instead

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builds on it. Our Gage Golding takes us

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there. This is the coolest neighborhood

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in the world, and it's right here in

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South Korea.

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These tight alleyways are packed with

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cafes and little shops everywhere you

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look. And they're the heart of the Jungo

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Saman neighborhood which Time Out

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magazine just named the coolest

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neighborhood in the entire world.

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>> The food, the culture, everything you

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have

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all here in this uh place. It's what

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draws so many people here, locals and

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tourists both, to the mesmerizing

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maze-like neighborhood near Soul's Jung

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Shrine. Timeout, a global travel brand,

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says the neighborhood has long been a

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social media darling and just recently

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seen a revival thanks to Cheap Eats

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paired with the laid-back and low-key

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atmosphere. And what I think is super

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unique about this little part of town is

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that you can reach out and touch both of

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these shops. That's how narrow these

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walkways are.

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>> It's very cool here. It's

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>> very traditional. It looks like very

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traditional.

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>> Have like a mix of uh of culture and

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foods and you can taste

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different foods with different types of

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foods.

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>> So the steamed bread and dessert, French

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toast and honey bread.

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>> Miltos is the first restaurant named in

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the timeout piece. They call it the

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start to a perfect day.

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>> That's phenomenal. This is a good way to

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start your day.

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>> Yeah. Right.

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It's not that heavy but not that like

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light for the breakfast. So people

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mainly come in in the morning

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>> because there's really long waiting line

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in the morning.

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>> So were you surprised when we told you

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that this area is the coolest

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neighborhood in the world?

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>> Thing is I it's best but I didn't know

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it's really popular to the other other

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country.

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Today's story getting a 10 out of 10.

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Not to be corny, but it's amazing. Yes,

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I've been waiting all day to say that.

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Corn mazes dedicated to Dolly Parton are

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popping up all across America. 20 farms

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have carved massive Dolly themed corn

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fields honoring the country music legend

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while supporting her beloved Imagination

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Library, which provides free books to

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kids. The mazes were actually planned

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before Dolly passed last month, and now

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they've taken on a whole new meaning.

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One farm owner says the hardest part to

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navigate is Dolly's hair.

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>> She has a lot of it and it comes to

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little tips and you don't know where the

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next little opening is going to be.

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>> Dolly once said, "If you want the

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rainbow, you got to put up with the

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rain." And now apparently if you want

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the exit, you got to make it through the

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main. Amazing tribute. Beautiful

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purpose. Before we go, some love for the

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best viewers on the planet. You. Our

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first shout out goes to Miss Ferguson at

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Pine Forge Academy in Pennsylvania.

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Thank you for following us on the Tik

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Tok and shout out international style.

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Men Davided Academy in Panama City.

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Panama the only place in the world where

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you can see the sunrise over the Pacific

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and set over the Atlantic. Play that

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Friday music this weekend. Rest some

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play some. Laugh a lot. And remember, a

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long life is measured in years. But a

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great life that's measured in what you

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do with them. Make someone smile. Lend a

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helping hand. You are more powerful than

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you know. I'm Koi Wire and we are CNN

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10. Heat. Heat.