President Trump is proposing a 25% tax on steel brought to the U.S., and a 10% tax on aluminum. The announcement sent the stock market into a tailspin. RNC Spokeswoman Kayleigh McEnany says Americans should not be surprised by the move.
From the time he was a businessman, Donald Trump has criticized America's trade imbalance and pushed for reform. "What President Trump has done is not different then what many Republican president's have done," McEnany said.
President Trump's unpredictability has lead to GOP infighting. McEnany says the RNC appreciates robust debate on all issues, but also encourages Republicans to get behind the President because he is fulfilling campaign promises. She added that the Democratic party is actually the one falling apart ever since it failed to put forward viable presidential candidates back in 2016.
A record number of women are on the ballot next week, but many have struggled to finance their campaigns. Sarah Chamberlain, president and CEO of Republican Main Street Partnership, explains the funding gap that follows women on the campaign trail.
Axios is taking a different approach to success than many of its traditional media rivals. In a click-bait media universe, the digital media start-up is prioritizing engagement over page views. "We need engaged users, not just users," co-founder Roy Schwartz told Cheddar.
On Tuesday, Missouri could become the 32nd state in the U.S. to legalize medical marijuana. Cannabis legalization has garnered more public support in recent years, and medical pot is often thought to be the gateway to fuller legalization. While the Missouri medical community is split on the drug's medicinal value, much of the student body at the University of Missouri has a pro-legalization stance.
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Debbie Mucarsel-Powell, the Democratic candidate running in Florida's 26th district, is slamming ads attacking her, including one that shows a man pointing a gun. Mucarsel-Powell lost her father to gun violence.
The markets looked to recover losses for October in the last day of trading for the month. Facebook shares were making solid gains on the heels of its third-quarter earnings results. Revenue slowed but the company beat estimates on earnings per share. Plus, Debbie Mucarsel-Powell, an Ecuadorian immigrant running to represent Florida's 26th district, tells Cheddar the changes she would make if elected to office. The midterms are just six days out.
October's reputation as a volatile month for stocks will remain unbroken ー at least for now. The S&P 500 will close its worst October since the financial crisis a decade ago and its worst month in eight years. The gains in equities from a summer rally have been wiped out across just about every slice of the market.
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It's been nearly two weeks since Canada opened the retail market for recreational marijuana, and now it faces a shortage of supply across many of the retail operations in a number of provinces. "Given the robustness of the demand, suppliers clearly did have challenges getting the stores full and adequately supplied," Cowen Managing Director Vivien Azer told Cheddar's CannaBiz Tuesday.
It's not a coincidence that President Trump said he would sign an executive order to end birthright citizenship a week before a pivotal election. That's according to David Graham, a staff writer at The Atlantic, who explained the politics behind the bombshell announcement.
