President Trump has returned from his holiday in Florida and is officially back to work. Congress is back in session tomorrow and there is a lot to get done. Lawmakers will be voting on many items like immigration, disaster relief, and more. Will the two sides of the aisle be able to work together, or will divisions hinder Washington?
Colby Hall is the managing editor at Mediate. He joins Cheddar to explain what agenda items will immediately be addressed. Washington is looking to tackle the issue of immigration with the Dreamers Act. There is also a disaster relief bill on the table that could be record-breaking. And of course, passing an official budget deal.
Hall notes the importance passing these legislative measures could have on the midterm election. We are 308 days away from the midterm elections, and it will be a race to determine whether Republicans hold onto their majority in Congress.
Wall Street saw another day of losses in the market amid continued concerns over the banking sector and as investors digest the latest inflation data. Francis Oh, Asia-Pacific CEO of Qraft Technologies, joined Cheddar News to break down what can be expected with the Federal Reserve's move on interest rates and what to look out for with A.I. stocks, which are seeing big gains.
Adidas has decided to try to sell a portion of its remaining Yeezy shoe inventory and donate the proceeds to chartitable organizations, CEO Bjørn Gulden said Thursday.
Peloton is recalling more than 2 million exercise bikes over a safety concern with its bike seat post, and the Consumer Product Safety Commission said it's received some injury reports.
Peloton is recalling more than 2 million of its exercise bikes because the bike’s seat post assembly can break during use, posing fall and injury hazards.
Cheddar News reporter Ashley Mastronardi tracks the rise of the "mom-fluencer" or working mothers who have left their jobs to become full-time content creators. While not a new phenomenon, experts say the trend has gained momentum since the start of the pandemic.