Attorney General Jeff Sessions issued a memo rolling back the Obama-era rule that allowed the recreational marijuana industry to flourish. That policy kept feds from cracking down on pot trade in states where it's legal. Cannabis Now's Associate Editor Greg Zeman and The Hill Correspondent Reid Wilson explains how companies in the marijuana market are responding.
"They are concerned about their own future," said Wilson. "It's injected a lot of uncertainty into a market that was poised to double by the end of the decade."
Earlier this week recreational marijuana became legal in the state of California. "The notion that we lost some kind of lynchpin from legalization is somewhat overstated," said Zeman on Sessions memo.
Fed Chair Jerome Powell confirmed interest rates remaining near zero and continuation of asset purchases but declined to speak to the ongoing GameStop drama.
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
Stock Swings, Climate Change & Young Tony Soprano
President Joe Biden is undertaking what would be the most ambitious effort to cut America’s oil, gas and coal emissions and stave off the worst effects of climate change.
The Doomsday Clock remains as close to midnight as it has ever been – just 100 seconds to midnight.
The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic.
New York Lt. Gov. Kathy Hochul spoke with Cheddar about why the time is right to pass marijuana legalization in light of COVID and budget shortfalls.
Rallies, celebrations, and marches all over Brooklyn on Friday to celebrate the actual end of slavery 155 years ago, took on added significance in the wake of high profile police killings of Black Americans.
In New York City, residents are lining up for the vaccine even as the distribution chain becomes strained. Cheddar's Chloe Aiello follows the reservation process and how the state will manage its supply of vaccines.
For many homeless people, in NYC, the overnight subway shutdown is leaving them with nowhere to go especially as coronavirus infections spread throughout shelters.
