The Dow dropped 350 points, and swung wildly Thursday, following news that former National Security Advisor Michael Flynn pleaded guilty to lying to the FBI. The New Republic's Senior Editor Jeet Heer joins to discuss the significance of these revelations to President Trump's inner circle.
The sell-off reflecting fear that the Russia scandal could hinder Trump's economic agenda. The New Republic's Senior Editor Jeet Heer joins to discuss the significance of these revelations to President Trump's inner circle.
Heer says it's almost impossible to overstate this significance. Flynn is seen at the heart of the Russian investigation, and is now expected to testify against President Trump. "This could be the biggest scandal since Watergate," said Heer.
Catching you up on what you need to know on April 13, 2022, with President Biden referring to the Russian invasion of Ukraine as a genocide, a suspect has been identified in the Brooklyn subway shooting that injured 23 people, New York’s lieutenant governor has resigned due to bribery allegations, and more.
A shooter opened fire inside a busy subway car in New York on Tuesday creating chaos. Cheddar News speaks with Ralph Cilento, Professor of Police Science at John Jay College of Criminal Justice who gives tips on how to proceed in active shooter situations.
David Katz, a former federal agent with the Department of Justice, and currently founder, CEO, and owner of Global Security Group, joined Cheddar News to talk about the Tuesday mass shooting on a subway train in Brooklyn, N.Y. even as local authorities have so far stated it was not being investigated as a potential terrorist attack. "At this point between the commissioner of the NYPD and the governor of New York, they're almost saying, 'well, it's an active shooter incident.' Okay, but active shooter incidents can also be motivated by terrorism, so until we know motive, we can't make that conclusion at all," Katz said.
Catching you up with what you need to know on Apr 12, 2022, with Russia concentrating forces in eastern Ukraine, rising inflation, severe weather from Minnesota to the Gulf Coast, Philadelphia brings back its indoor mask mandate, PG&E pays $55 million for wildfire settlement, and more
President Joe Biden is visiting corn-rich Iowa to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline in the summer.
The March consumer price index showed a 1.2 percent month-over-month increase and 8.5 percent increase from a year ago, which was the highest reading since 1981.
U.S. stocks saw a jump in the final hour of Thursday's session, and ultimately closed slightly higher for the day. Tim Pagliara, Chief Investment Officer of CapWealth, joined Cheddar News' Closing Bell to discuss. "The markets have had to digest a lot of action from the federal reserve this quarter and it's affecting everything from mortgage rates to how they value stocks," he said.
Rukmani Bhatia, Senior Federal Affairs Manager at Giffords, joined Cheddar News' Closing Bell to discuss the importance of regulating ghost guns as a way to curb U.S. gun violence, which kills more than 40,000 Americans every year.
Gary Schlossberg, Global Strategist at Wells Fargo Investment Institute, joined Cheddar News' Closing Bell to discuss the dire situation caused by Russia's war on Ukraine, as the region is key for exporting grains and corn, and as the UN Food & Agriculture Organization says food prices rose to the highest levels ever in March.
