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.
As President Trump prepared to meet on Friday with seven U.S. oil and gas executives at the White House, he announced today that Saudi Arabia and Russia had agreed to enormous cutbacks in their countries' crude production.
New York Gov. Andrew Cuomo made a plea to manufacturers in the state to step up and produce supplies desperately needed to combat the coronavirus outbreak.
The Payroll Protection Program, the centerpiece of the three small business lending programs outlined in the CARES Act, is designed to help businesses keep their employees at a time when income is mostly on pause but expenses are not.
The Democratic National Committee is delaying its convention until the week of Aug. 17. The move comes after prospective nominee Joe Biden said he didn't think it was possible to hold a normal convention in July because of the coronavirus.
The automaker revealed that it will be able to produce 50,000 ventilators in the next 100 days. The ventilators' design has been simplified by the private medical company Airon for easy set-up and quick usage in emergency settings.
It’s April 1, and if you rent your home, chances are good that your rent is due today. But with millions of Americans out of work due to coronavirus, those regular bills are even harder to manage.
President Donald Trump is resisting calls to issue a national stay-at-home order to stem the spread of the new coronavirus. This is despite his administration's projections that tens of thousands of Americans are likely to be killed by the disease.
In a letter to CEOs of DoorDash, Grubhub, Instacart, and Uber, Senator Elizabeth Warren (D-Mass.) called on the employers to provide gig workers with "basic rights and protections" as they perform "essential delivery work."
Stocks are sinking again on Wall Street as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak.
Former White House communications director Anthony Scaramucci says he's bullish about financial markets, but he's less keen on the way his old boss is handling the coronavirus pandemic.
