A man accused of threatening President Joe Biden was shot and killed by the FBI as they sought to serve a warrant for him in Utah.
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The Week's Top Stories: Fed Effect, AstraZeneca, and March Madness
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Washington Week Ahead: Big Tech Bigwigs, Biden Presser, and Voting Rights
It’s been Immigration Week on Capitol Hill but now it’s time to move on. So what will drive headlines in the week ahead? Here’s a look at the Washington Week Ahead.
SAFE Banking Act for Cannabis Industry Reintroduced in House
The Secure and Fair Enforcement (SAFE) Banking Act is expected to pass the Democrat-controlled House, where it passed before in 2019 and 2020, but could face a tougher battle in the split Senate.
California Congressman Says Leadership Is Essential to Stopping AAPI Hate
Rep. Mark Takano (D- Calif. 41st District) discusses the need to pass the COVID-19 Hate Crimes Act especially in the wake of the shooting deaths of eight people in Atlanta area spas, six of them being women of Asian descent.
CDC Changes School Guidance, Allowing Desks to Be Closer
U.S. health officials are relaxing social distancing recommendations for schools, now saying students can sit as close as 3 feet to each other in classrooms.
Fed to End Relaxed Capital Requirements for Large Banks
The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to shore up the financial system during the early days of the pandemic.
In Wake of Atlanta Shootings, Washington Congresswoman Says 'People Want Accountability'
Rep. Marilyn Strickland (D-Wash. 10th District), one of four Korean Americans to be elected to Congress, talked about the need for urgency and accountability following the killing of eight people, including six Asian women.
U.S. Jobless Claims Rise to 770,000 With Layoffs Still High
The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession.
Fed Chair Powell Says Inflation, Economic Growth Won't Mean Rate Hikes
Federal Reserve Chairman Jerome Powell once again doubled down on the easy money policies that have defined the central bank's response to the pandemic-fueled economic downturn.
