WEBVTT

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What's up, sunshine? Happy Friday. Yay,

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we made it through another week. So,

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let's smell the flowers and cool the

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soup and finish this week strong. I'm

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Coy Wire with your CNN 10 minutes of

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news, where I simply tell you the what,

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letting you decide what to think. We are

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less than 2 weeks from the US midterm

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elections and one issue taking center

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stage in campaigns across the country,

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affordability. Inflation has pushed

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grocery bills higher, restaurant meals

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cost more, and ground beef alone has

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nearly doubled in price over the past 5

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years. Drought, smaller cattle herds,

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higher costs for ranchers to name a few

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reasons. Eventually, all that can hit us

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right in the bank account. Our David

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Goldman and I went to a legendary

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Atlanta burger joint with questions and

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appetites because sometimes

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understanding inflation requires eating

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your homework.

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All right, I'm getting the OG, the

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original burger grindhouse style double

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and fries. What are you getting?

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>> Okay, I'm going to get the Impossible

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Burger, I think.

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>> David, that's not even beef. You're such

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an unc. It's what my kids tell me every

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day.

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So, what is up with the beef prices

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right now? Yeah, I mean, American beef

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production prices have exploded higher

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in recent years for a lot of reasons,

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but most of them actually have to do

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with climate change cuz drought

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conditions have forced farmers to figure

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out other ways to feed their cattle,

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mostly with expensive feed as, you know,

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grass has dried up. Yeah. And and some

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ranchers, they're just from what I've

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seen are throwing in the towel. Like

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herd sizes are the lowest they've been

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in 74 years. That's like almost as old

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as you.

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>> Where's our waiter?

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>> 1 2

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>> Hey, Coy, check it out. 67.

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>> So, David, value is a huge part of the

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fast food game, too.

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>> Yeah. I mean, burger prices have been

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surging at chains like McDonald's,

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Burger King, Wendy's. So much that

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customers have been turning away from

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fast food in favor of fast casual

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restaurants like Chili's and Applebee's.

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And they cost just a small amount more

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than McDonald's, but they offer what

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they perceive as a much better value.

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>> Thank you.

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>> Excited. All right.

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>> Perfect.

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>> David, was I lying?

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>> You were not lying. This is excellent.

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Thank you, Coy. You know, it's

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interesting because burger places, even

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legendary ones like this, they want to

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keep their prices low because burgers

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are considered a value food, right? You

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can come get a nice meal without

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breaking the bank. And that's the

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squeeze though, right? Especially for

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restaurant stores like this. I mean,

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burger prices have gone up 14% since

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2023. Ground beef prices though have

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gone up 44%. So, you just wonder how

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places like this are managing. You know

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what? Let's go find the owner. And

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that's today. Yep. All right. Let's go.

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the customer only wants to pay so much

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for a burger. They're not going to be

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able to absorb all of our price

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increases. Fortunately for Grindhouse,

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we've been able to uh we sell a lot of

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beef, so we lock in, we try to lock in

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an annual contract. And so we usually

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feel the pain around January 1st when we

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find out what our new price is. Um I

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know last year it was about a 10%

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increase

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>> um from last year to this year. your

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cost

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>> our cost uh just for the beef itself. Um

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there's a lot of other things that go

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into it.

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>> Um you know all of our costs are going

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up these days.

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>> So how much of a headache does that

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create for you and like trying not to

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hurt your customers keeping that entry

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level you know burger right

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>> times you can find another supplier that

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maybe uh they'll have a better deal or

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you know change your product cuz maybe

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uh you know if you're using Chuck and

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maybe you want to switch to sirine cuz

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Chuck is more expensive. So there's

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always things you can look at, but at

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the end of the day, the price is

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probably going to go up. So sometimes,

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yes, it'll be, well, the beef went up,

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but we haven't raised our milkshake

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prices in 5 years, so maybe if we add

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another 25 cents to the milkshakes,

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it'll kind of help us out. So there is a

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little bit of that. Um, but you know,

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it's it's mostly just a across the

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board, hey, we got to go up 10% this

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year because all of our products went

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up. It's not just beef, it's it's

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everything.

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>> So he raised some interesting points,

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right? I mean, if he can't raise the

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price of burgers cuz people aren't

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willing to pay for it, he's got to raise

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the price of other things.

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>> Yeah. Well, let's check the damage. All

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right. My burger and fries

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>> and fries.

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>> And Coke and Coke and whatever that is.

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>> How did my come in under yours? Not used

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to losing, are you, Coy? Dude, that's

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the point. You can still get an

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affordable burger. I won. Right. Give me

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a fry.

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>> Now to cyber security. Government and

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company websites around the world

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briefly went dark and suspended some

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services this week after artificial

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intelligence helped find critical

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vulnerabilities across the internet. The

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problems were found in a widely used

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programming language called PHP which is

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used by roughly 70% of all websites. The

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bugs had been hiding in the code for

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years and could potentially let hackers

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take control of vulnerable servers or

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access sensitive information. Some of

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the sites were temporarily shut down

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while patches were installed. And here's

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the wow. Researchers say AI helped them

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accomplish this in about a week. Work

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that once might have taken an elite

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cyber security team months. That's a

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double-edged sword, right? AI can help

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find vulnerabilities faster, but that

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also means it can help hackers try to

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exploit them faster as well.

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Pop quiz hot shot. What is the most

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expensive Pokemon card ever sold at

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auction? Charizard, Pikachu, Mewtwo, or

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Blastoise?

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If you said Pikachu, look at you. A

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super rare Pikachu illustrator card sold

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for 16.4 4 million bucks back in

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February, making it one of the most

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valuable trading cards on the planet. To

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California now, where apparently

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somebody took Got to Catch Them All way

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too literally. Police are investigating

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another major Pokemon card theft. We're

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talking nearly $1 million worth of them

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stolen from a FedEx truck parked in

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front of a business that authenticates

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the cards and other sports memorabilia.

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>> The value is definitely there. It's it's

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seen as another asset class now. It's

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not just stocks, bonds, and putting

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money in the bank. Like, you can you can

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put money into cards, and whether it's

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Pokemon or sports, there there's a huge

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following, you know, across the world.

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One collector says some of his cards

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were among those taken, many of which he

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called irreplaceable. Professional

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sports authenticators says they have

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deactivated the certificates for the

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stolen cards and are working with some

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of those customers to get their money

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back.

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Today's story getting a 10 out of 10 is

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about knowing where you come from and

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carrying it forward. Indigenous families

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from across the US and Canada gathered

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in Montrose, Colorado for a traditional

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pow-wow. We're talking drumming,

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dancing, stories, and generations coming

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together. There are more than 700 tribes

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that are recognized federally or by

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states across the US. I dance for the

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people who can't dance. And that's what

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my my dad and my family told me. You

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know, you dance for the people who can't

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dance for themselves, the elderly. I

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lost my elder. She loved gore dance. And

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I dance for her to this day. And it's

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nice to see everybody come out. You

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know, it makes us as one together. And

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that's what life is. You know, we got to

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go together, not against each other. For

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some dancers, every step honors an

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elder, ancestor, or someone who can no

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longer dance themselves. For others,

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it's about teaching children. So,

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traditions don't simply live in the

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past. They live in the next generation.

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>> It's just a representation of the fact

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that, you know, Native Americans are

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still here and we still value our

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culture a lot. You know, we're not it's

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not something that we grew away from.

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It's just something that we grow

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stronger with every single year and we

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take pride in that. Something all of us

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can take from this. Tradition isn't

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living it backward. It's about carrying

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the best of the past forward. That is

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our 10 for the day. But before we go,

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shout out time. This first one goes to

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all of our Scots at Carlmont High School

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in Belmont, California. Mr. Brown and

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friends, thank you for making us part of

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your daily airition. I see you. Viv,

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play that Friday music. Nad there, think

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about this over the weekend. what we

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spend, what we collect, those things can

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matter. But the most valuable things,

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our stories, our people, our values.

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Know where you come from. Be proud of

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who you are and go become somebody your

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future self will be proud of. Rise up.

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I'm Koi Wire. We are CNN Ted.

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Heat.

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Heat