VF Hive hosts Kristen Scholer and Jon Kelly discuss the week's biggest news stories. From student protests to Jared Kushner's security clearance, it's been a non-stop week in Washington.
Vanity Fair's Nick Bilton discusses what the student protest in Tallahassee, Florida could do to change gun-reform. Emma Gonzalez seems to be leading the pack with the #NeverAgain movement. Bilton says a lot of the Gen Z generation has grown up with social media and are comfortable in front of cameras. He notes this may be why it's the first time we're actually seeing a response of this magnitude to a shooting.
Plus, Jared Kushner is still fighting for his security clearance. Vanity Fair's Emily Jane Fox says that before the Kushner's even got to the White House they made enemies. However, the biggest enemy of all may be John Kelly. Fox says no one wants the President's daughter and son-in-law running the White House, especially Kelly.
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.