: Sen. Bernie Sanders, I-Vt., U.S. 2020 Democratic Presidential Candidate speaks to the media and supporters outside a polling location at Canfield Center on Tuesday, March 10, 2020 in Dearborn Heights, MI. (Photo by Salwan Georges/The Washington Post via Getty Images)
Senator Bernie Sanders of Vermont spoke at length about the need to defeat Donald Trump and discussed his campaign today after falling behind in another set of Democratic primaries on Tuesday but did not announce his intention to drop out of the contest.
While he cited that he appeared to be losing the race on the issue of electability, Sanders also stated that he felt his campaign was winning the ideological debate. He then directed several questions and challenges on healthcare, climate change, and mass incarceration to his rival former Vice President Joe Biden leading up to the Sunday debate in Arizona.
Biden, the only other remaining candidate aside from Rep. Tulsi Gabbard (far removed in the delegate count) took what looks to be a commanding lead in delegates following victories in Michigan, Missouri, Mississippi, and Idaho, while Sanders won the North Dakota caucus.
The results from the primary in Washington state still show Biden and Sanders nack-in-neck with 67 percent of precincts reporting as of this report.
Sanders, the social democrat who carried the banner, along with Senator Elizabeth Warren of Massachusetts, of what was considered the "progressive" side of the Democratic party, showed signs of leading the race early on among a still-large group of candidates. After a close race with former South Bend, Indiana Mayor Pete Buttigieg in Iowa for its caucus delegates, Sanders racked up wins in New Hampshire and Nevada.
But things would change after Biden garnered a dramatic and lopsided victory in South Carolina's primary. From there, other members of the "moderate" wing of the party, Pete Buttigieg and Senator Amy Klobuchar of Minnesota, dropped out, both endorsing Biden before Super Tuesday.
The Super Tuesday primary day featured the largest share of delegates to date, and while Sanders pulled off a victory in the largest prize of California, and wins in Colorado, Utah, and his own Vermont, Biden's momentum grabbed the lion's share of delegates throughout the Southeast, Minnesota, and Oklahoma.
The primary will conclude with the nomination at the Democratic National Convention in Milwaukee, Wisconsin, from July 13 to 16.
Deputy Commerce Secretary Don Graves spoke to Cheddar's Alex Vuocolo about the ongoing semiconductor shortages and the push from the Biden administration to cover the supply chain problem as well as look ahead to future-proofing it.
President Maxx Fenning and Vice President CJ Walden of PRISM, a Florida non-profit providing resources for LGBTQ youth, joined Cheddar News to discuss the negative repercussions of a Florida bill banning discussions of sexuality and gender identity in some classrooms.
President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine.
The consumer price index jumped 7.9 percent in February, marking a 40-year high for inflation in the U.S. This report comes less than a week ahead of the Fed's all important meeting. Kayla Bruun, Economic Analyst, Morning Consult, joined Cheddar's Opening Bell to discuss.
Markets opened lower amid hotter-than-expected inflation data, which surged to its highest level in nearly 40 years. Lisa Erickson, Senior Vice President and Co-Head, Public Markets Group, U.S. Bank joined Cheddar's Opening Bell to discuss the significance of this figure ahead of the Federal Reserve's FOMC meeting.
As the Russia-Ukraine war disrupts the global economy, sending markets on a roller coaster ride, gold remains hovering around $2,000 an ounce. Often seen as a safe haven in times of economic crisis, Jason Cozens, founder and CEO of gold-as-currency platform Glint Pay, joined Cheddar’s Opening Bell to discuss the latest gold rush, how the war is impacting prices, and how people can use Glint to trade in the precious metal. “You know the stock markets and cryptocurrencies are risky investments," he stated. "Whereas gold is just reliable money. It's no one else's liability if you own."
As Western sanctions weigh on Russia's economy, the country is at the risk of defaulting on its debt. Fitch ratings agency has downgraded Russia's debt for the second time in a week, warning a "sovereign default is imminent." Jesse Wheeler, Economic Analyst at Morning Consult, explains what that means, and how it could have ripple effects across the global economy.
Uber Lyft and Doordash are all set to spend $1 million dollars on a campaign and efforts to stop lawmakers from classifying their gig workers as employees. The campaign features TV and online ads highlighting Washington area workers who say they prefer the flexibility of being an independent contractor rather than following the model of a company employee. Professor at NYU. Stern School of Business and author of the sharing economy, Arun Sundararajan, joined Cheddar to discuss more.
