Ken Stern, Former CEO of NPR and Author of "Republican Like Me: How I Left the Liberal Bubble and Learned to Love the Right," joins The Hive. Stern, Kristen Scholer, and Jon Kelly discuss the possible demise of the American two-party system and whether the Independent Party may be able to make a run in the next election.
They talk about the impact the Trump Presidency may be having on the two-party system, and whether outsiders like Mark Cuban might be realistic in 2020. Stern describes how the rise of Donald Trump may have triggered a realignment of the electoral system that has been years in the making.
He also asserts that another reason for the potential reset is that both the Democrats and the Republicans seem to be failing at the same time.
President Donald Trump said that he will sign an executive order “to temporarily suspend immigration into the United States” because of the coronavirus.
A chorus of governors from both parties pushed back hard Monday after President Donald Trump accused Democrats of playing “a very dangerous political game” by insisting there is a shortage of tests for coronavirus. The governors countered that the White House must do more to help states do the testing that's needed before they can ease up on stay-at-home orders.
Rep. Ami Bera (D-Calif. 7th District), a doctor himself, added his voice to the chorus of experts on Monday, giving the commander-in-chief a C-minus.
Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders didn’t want to get stuck owning crude oil with nowhere to store it. A barrel of benchmark U.S. oil for May delivery fell to negative $3.70 per barrel.
Shake Shack, one of the chains that received money, said Monday it will return its loan to give smaller restaurants a chance to get government money. Congress and the White House are close to an agreement that would add $300 billion to the program.
Peter Maurer, president of the International Committee of the Red Cross (ICRC), told Cheddar Monday that the countries that drew the most concerns could take this opportunity to build better health systems going forward.
New York City won’t allow public events in June, including three of the city’s major annual celebrations: the National Puerto Rican Day Parade, the Celebrate Israel parade, and the Pride parade on its 50th anniversary.
Stocks are falling in early trading on Wall Street as oil prices collapse and momentum from a recent rally faded. Crude prices are plummeting amid concerns that storage facilities are close to being full.
The United States is struggling to test enough people for the novel coronavirus so officials can track and control the spread of the disease.
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.
