In this March 20, 2020, file photo, Sen. Kelly Loeffler, R-Georgia, waits to speak in a television interview on Capitol Hill in Washington. Loeffler was appointed to the U.S. Senate last year on the hope that she would help the GOP hold on to moderates uncomfortable with the party’s right turn under President Donald Trump. (AP Photo/Susan Walsh, File)
In Georgia, Republican Sen. Kelly Loeffler and Democrat Raphael Warnock have advanced to a Jan. 5 runoff in the special election for Loeffler’s Senate seat.
They’re the top two finishers in a crowded field that also included Republican Rep. Doug Collins. But no candidate was able to get the 50% threshold needed in order to win outright.
Loeffler, a wealthy businesswoman, was appointed last year to replace retiring Sen. Johnny Isakson. Warnock is pastor of the Atlanta church where the Rev. Martin Luther King Jr. preached. Warnock is trying to become Georgia’s first Black U.S. senator.
The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market’s strong recovery from the coronavirus recession last year.
The Biden administration is extending a student loan moratorium that has allowed tens of millions of Americans to put off debt payments during the pandemic.
President Joe Biden plans to deliver 500 million free COVID-19 tests to Americans, increase support for hospitals and expand the availability of vaccines to confront a winter surge of coronavirus cases driven by the fast-spreading omicron variant.
Former deputy assistant U.S. Secretary of State Joel Rubin joined Cheddar to break down the latest dispute between G7 nations and Russia as its increased military buildup along the Ukrainian border drew stern warnings of "massive consequences" should an invasion occur. "If Putin wants to keep on going further, there will be many tools that the financial system can use against him, and the United States, now, is gathering our allies in a way that is really unprecedented," he said.
Carlo and Baker cover the latest developments after a devastating tornado outbreak over the weekend, plus an eye on Omicron and inflation, and not even Spielberg can save the box office.
Airline executives faced tough questions from Congress on Wednesday, with the Senate panel grilling top CEOs on how they used that $54 billion Covid-19 government lifeline.
This hearing comes as airlines continue to face staffing shortages and widespread delays. Jason Ader, Leisure Analyst and CEO of SpringOwl Asset Management joined Cheddar's Opening Bell to discuss.