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.
House Speaker Nancy Pelosi has tested positive for COVID-19, her spokesman says. That's a day after the 82-year-old Democratic leader appeared unmasked at a White House event with President Joe Biden.
JetBlue made an unsolicited offer to buy low-cost carrier Spirit Airlines, potentially jeopardizing the original offer from Frontier Airlines. Several analysts sounding the alarm on JetBlue's proposed $3.6 billion merger, saying the deal doesn't quite make sense. Jim Corridore, Senior Insights Manager at Similarweb joined Cheddar's Opening Bell to discuss.
The Biden administration is once again extending the pause on federal student loans payments — this time, through the end of August. In a statement, President Biden cited a recent analysis from the Fed that if the payments were to resume, millions of student loan borrowers would face significant "economic hardship, delinquencies, and defaults that could threaten America's financial stability." Sarah Foster, an analyst at Bankrate, breaks down the impact of the extension on borrowers, the economy, and the future of student loan forgiveness. "I think this is just an instance of the federal student loan forbearance program kind of creating additional uncertainty for borrowers, especially in the sense that these past four extensions from the Biden administration have kind of come at the 11th hour here," she said.
Thousands of cryptocurrency enthusiasts are gathering in Miami as the city builds its reputation as one of the key locations to develop the blockchain technology despite its underdog status.
Catching you up on what you need to know on April 7, 2022, with updates on Ukraine urging NATO for military aid for their war with Russia, the SEC investigating Amazon, microplastics being found deep inside human lungs for the first time, and more.
President Biden is trying to help Americans at the pump by tapping into U.S. oil reserves in an unprecedented way. He also announced several steps to punish oil companies. Lisa Whalen, automotive and mobility analyst at Morning Consult, joins Cheddar News to discuss.
U.S. markets closed higher to end Monday's session, with tech stocks leading the advance. Gene Goldman, Chief Investment Officer at Cetera Financial Group, joins Cheddar News' Closing Bell to discuss the potential future of the major U.S. indexes, and how factors like policy moves from the federal reserve and the ongoing Ukraine-Russia war could impact volatility.
Prices at the pump have soared in recent months, and House Democrats pointed the finger at Big Oil on Wednesday during an adversarial congressional hearing.
