In this week's "Hive Five" Kristen Scholer and Jon Kelly discuss tension in the White House between President Trump and his Chief of Staff John Kelly. Plus, how Amazon CEO Jeff Bezos is handling the search for Amazon HQ2.
It was recently reported that President Trump was considering replacing John Kelly and his daughter, Ivanka, will help in the search. Gabriel Sherman and T.A. Frank discuss what's in it for the President's daughter and who may take Kelly's seat.
Will Amazon replace workers with robots? As the company searches for its second headquarters in a very public way, many are wondering if it will even create jobs for the city it's built in. Maya Kosoff and Bess Levin discuss how the company may turn to robots to take care of certain jobs within the warehouse and shipment center.
Plus, Trump's trip to snowy Davos. Bess Levin and T.A. Frank talk about the public's perception of the President and what his time in Switxerland will look like.
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
