The Hive's hosts Jon Kelly and Kristen Scholer discuss the latest news in politics, business, and technology. From Hope Hicks' sudden departure from the White House to the Kardashian's impact on social media, we have you covered.
Vanity Fair's Tina Nguyen says that Hope Hicks has always had a special place in the White House, she just hadn't been pushed into the public eye. All that changed when her boyfriend, Rob Porter, was accused of assaulting his ex-wives. That, plus her testimony at a House intelligence briefing over "white lies" she's told seemed to put her over the edge and caused her to resign.
Plus, no one thought John Kelly could nuke out Jared Kushner...but he did! Kushner's security clearance has been downgraded this week and his future at the White House is uncertain.
Greg McBride, chief financial analyst at Bankrate.com, joined Cheddar News to discuss inflation trends. “I think with strong confidence that peak inflation is behind us, the trend is definitely one towards continued improvement but we've got a long way to go,” he said.
Nick Bodkins, CEO & founder of beverage collection Boisson, joined Cheddar News to discuss how the industry of non-alcoholic is gaining popularity. “This category is growing but it doesn't have that scale yet.”
Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates.
Bringing manufacturing back to the United States is a top priority for the Biden administration, but a new report from Citi indicates that companies might have other priorities when it comes to securing their supply chains.
