President Donald Trump gave an impromptu with the New York Times Washington Correspondent Michael Schmidt at his Mar-A-Lago property Thursday. Alexander Heffner, Host of PBS' "The Open Mind," explains what this interview reveals about the relationship between Trump and the media.
"All forms of media will tank if I'm not there because without me, their ratings are going down the tubes," Trump told the NYTimes. Heffner says the report in the New York Times showcasing a thirty minute conversation with Trump amplifies the president's microphone.
"There is incest in every situation with Trump and the media," said Heffner. "There's incest when you want access." Schmidt reportedly crossed paths with Trump while he was meeting Newsmax founder Chris Ruddy at the Florida resort.
"We have to acknowledge--I think--on part of the media that its important that we use discretion, deliberation, precision in our reporting of this administration," says Heffner.
Stock indexes ended a wobbly day with modest gains Thursday, while the biggest increases went to Amazon, Netflix and other companies poised to do the best during the coronavirus crunch.
The government’s paycheck protection loan program for small businesses is on hold. The Small Business Administration has announced that it reached the $349 billion lending limit for the program.
New York state will extend its stay-at-home restrictions at least through May 15. Gov. Andrew Cuomo said Thursday that transmission rates still need to be tamed as he prolonged the restrictions that have left most New Yorkers housebound.
Stocks are mixed in early trading on Wall Street after the government reported that 5.2 million more people filed for unemployment benefits last week, which was not quite as many as had been feared.
Another 5.2 million people filed for unemployment in the week ending April 11, according to a U.S. Department of Labor report released Thursday morning.
President Donald Trump says he’s prepared to announce new guidelines allowing some states to quickly ease up on on social distancing. At same time, though, business leaders are telling Trump they need more coronavirus testing and personal protective equipment before people can safely go back to work.
The IRS announced on March 21 that the federal income tax filing deadline has been pushed to July 15, 2020, due to the impact of the coronavirus pandemic.
Selling swept Wall Street after a dismal lineup of reports made clear how historic the coronavirus crunch has been for the economy. Markets are already bracing for what’s forecast to be the worst downturn since the Great Depression, but Wednesday’s data was even more dispiriting than expected.
John Stanton, co-founder of the Save Journalism Project, told Cheddar that the widespread cost-cutting and layoffs will have a long-term impact on the health of journalism.
Sen. Chris Murphy (D-Conn.) on Wednesday told Cheddar that he is officially endorsing former vice president Joe Biden as the Democratic nominee for the presidency.
