President Joe Biden and first lady Jill Biden walk to board Air Force One for departure at Gainesville Regional Airport after surveying damage caused by Hurricane Idalia, Saturday, Sept. 2, 2023, in Gainesville, Fla. (AP Photo/Julio Cortez)
First lady Jill Biden tested positive for COVID-19 Monday but is experiencing only mild symptoms, her spokeswoman said.
President Joe Biden was tested for the virus following his wife's positive test, but his results were negative. White House press secretary Karine Jean-Pierre said the president would continue testing regularly and would be monitored for symptoms.
Jill Biden will remain at the couple's home in Rehoboth Beach, Delaware, for the time being, communications director Elizabeth Alexander said. The first lady had planned to start the new school year Tuesday at Northern Virginia Community College, where she teaches English and writing.
Due to her condition, she was working with school officials to arrange substitute teachers for her classes, Alexander said.
John Quelch, Dean of Miami Herbert Business School, joins Cheddar News' Closing Bell, where he says the retail giant is acting in accordance to President Biden's new law banning goods from China's Xinjiang region. Quelch also elaborates on the importance of China in Walmart's overall strategy.
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
