Oprah's Political Future, Evan Spiegel's Snap Snafu
Hive editor Jon Kelly, Kristen Scholer, and the VF Hive Panel take us through the five biggest stories of the day in politics, business, and technology. Emily Jane Fox kicks things off with a report on Ivanka Trump's tweet in support of Oprah Winfrey. Ivanka called Oprah's speech inspiring and empowering. The panel discusses the irony of the tweet considering Donald Trump's track record and whether it may have exposed her political instincts.
Maya Kosoff weighs in to discuss the latest woes for Evan Spiegel. She talks about the unpopular update that Snap rolled out this week and the fact that the company's stock is trading at about 50 percent of its IPO value.
T.A. Frank and Tina Nguyen join the discussion to weigh in on a potential Mitt Romney run for Orrin Hatch's Senate seat in Utah. The panel debates a possible presidential run for Romney in 2020.
Frank and Nguyen also report on Steve Bannon's ouster from Breitbart. They discuss the rift between Rebekah and Robert Mercer and Steve Bannon, as well as reports that the Mercers actually soured on Bannon months ago.
Emily Frank returns to round out the Hive Five to talk about Donald Trump and how his trip to Davos will be perceived by his base. T.A. Frank and Tina Nguyen also join in to discuss how Trump's America First agenda may not be so popular overseas.
Carlo and Baker cover the latest developments with the Omicron variant, and break down what we know and what we still don't. Plus, a relatively tame Black Friday, and more.
Jurors on Wednesday convicted the three white men charged in the death of Ahmaud Arbery, the Black man who was chased and fatally shot while running through their Georgia neighborhood in an attack that became part of the larger national reckoning on racial injustice during the summer of 2020. Trial attorney and former prosecutor Leslie Ricard Chambers joins Cheddar News' Closing Bell to discuss the verdict, possible sentencing, and more.
Kyle Rittenhouse was acquitted of all charges Friday after pleading self-defense in the deadly Kenosha shootings that became a flashpoint in the debate over guns, vigilantism and racial injustice in the U.S. Criminal Defense Attorney Anthony Tall joins Cheddar News' Closing Bell to discuss the verdict, potential judicial precedent, and more.
President Biden has announced his intent to nominate Fed chair Jerome Powell for another four-year term, with Lael Brainard serving as vice chair. This comes at a crucial time for the economy as inflation is surging, the supply chain is broken, and labor shortages are hampering businesses across the country. Sabrina Escobar, reporter for Barron's, discusses why Biden passed up the opportunity to put the central bank in the hands of a Democrat, and what challenges Powell faces in his second term.
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
Stocks began the week closing at session lows on a day when bond yields rose and President Biden decided to stick with Jerome Powell as Fed Chair. Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he breaks down the day's activity and discusses what the Fed now needs to do going forward.
President Joe Biden announced Monday he is re-nominating Federal Reserve Chairman Jerome Powell after weeks of speculation that he would choose Democrat and Fed Governor Lael Brainard to fill the role. Biden could be looking for continuity as the U.S. continues to grapple with COVID-19 and high inflation, and investors could be on the same page: markets and treasuries ticked up after the White House made the announcement. MarketWatch Senior Reporter Greg Robb joins Cheddar News' Closing Bell to discuss Powell's re-nomination, what we can expect from the Fed's December meeting, whether it will speed up its taper timeline, and more.
