As DACA's fate heads into a crucial week, it's still unclear whether the president fully grasps the key numbers and definitions behind the divisive issue. FactCheck.org's Robert Farley joins Cheddar to break down exactly how many people DACA affects, and what it really means. He traces the president's history of getting his numbers wrong when describing the overall population of Dreamers.
The president is on the record saying he's heard varying numbers on the DACA population. Trump approximates the number as somewhere between 650,000 and three million. Farley reveals the accurate figure, and why politicians are so likely to misrepresent the numbers.
Then, we discuss Senator John Cornyn's (R-TX) claim that America is, "the most generous country in the world when it comes to legal immigration." Farley acknowledges it's true that the U.S. gives permanent legal status to more immigrants than other industrialized nations. However, when it comes to the overall percentage of the nation's total population, the U.S. ranks 18th.
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.
