Cheddar's Hena Doba and Jill Wagner get into the latest.
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The Week's Top Stories: Volatile Markets, Social Media China Crackdown
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Chairman Jerome Powell Says Fed Prepared to Act, But Has No 'Rulebook' for Current Risks
Federal Reserve chairman Jerome Powell on Friday said the U.S. central bank was prepared to take action in the event of a global economic downturn. Powell, however, was tightlipped on whether the Fed would initiate another quarter-point interest rate cut as many investors had hoped.
Full Remarks: Federal Reserve Chair Jerome Powell at Jackson Hole Symposium
Read Federal Reserve Chair Jerome Powell's prepared remarks from his speech Friday at the Economic Symposium held in Jackson Hole, Wyo.
Need 2 Know: Amazon Deforestation, Gridlock Alert
These are the headlines you Need 2 Know for Friday, Aug. 23, 2019.
Bernie Sanders' 'Ambitious' Green New Deal Wins Praise From Environmental Advocates
The Democratic presidential candidate from Vermont drew praise from activists and advocates after revealing his $16.3 trillion plan to combat climate change.
Planned Parenthood Stands by Its Title X Withdrawal
Planned Parenthood is standing by its decision to withdraw from the federal government’s family planning program rather than comply with the Trump administration’s new rule barring referrals to doctors who provide abortions.
Need 2 Know: Rainforest on Fire, Student Gun Control Plan
These are the headlines you Need 2 Know for Thursday, Aug. 22, 2019.
Trump Reverses Payroll Tax Cut Stance as Recession Talk Continues: 'We Don't Need It'
President Trump on Wednesday reversed his position on lowering payroll taxes to bolster economic growth, telling reporters that “we don’t need it.” The reversal comes as a growing number of economists have warned that a recession in the U.S. is on the horizon.
Immigration Crisis Takes Its Newest Turn: Abolishing Limit on Child Detention
The new rule, ending the so-called Flores agreement, will allow officials to hold families in detention indefinitely for the duration of immigration cases, which could be much longer than the current 20-day limit.
