President Joe Biden is set to meet with Israel Prime Minister Benjamin Netanyahu.
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Deputy Commerce Secretary on Semiconductor Chip Demand Amid Ukraine Crisis
The ongoing semiconductor chip shortage has been impacting everything from the purchase of cars to smartphones. Deputy Commerce Secretary Don Graves spoke with Cheddar about the Biden administration's efforts to combat the issue and if the current crisis in Ukraine will have any impact on the global supply chain problems for semiconductors. "We're working very closely with all of our partners and allies around the globe, just as we have on the export controls and sanctions that we've applied to Russia to deal with that needless aggression," he said. "We're also working with them on the challenges of raw materials for a range of industries, including the semiconductor industry. We believe that we are going to be able to meet the demand for the for the near term."
The Chip Shortage Is Still a Big Problem. The Deputy Commerce Secretary Weighs In.
Deputy Commerce Secretary Don Graves spoke to Cheddar's Alex Vuocolo about the ongoing semiconductor shortages and the push from the Biden administration to cover the supply chain problem as well as look ahead to future-proofing it.
LGBTQ Advocates Warn Against Florida's 'Don't Say Gay' Bill
President Maxx Fenning and Vice President CJ Walden of PRISM, a Florida non-profit providing resources for LGBTQ youth, joined Cheddar News to discuss the negative repercussions of a Florida bill banning discussions of sexuality and gender identity in some classrooms.
Expert Breaks Down International Sanctions On Russia
Rachel Alpert, co-chair of National Security, Sanctions and Export Controls for Jenner & Block, joined Cheddar News to break down sanctions on Russia.
Texas Clinics' Lawsuit Over Abortion Ban 'Effectively Over'
Texas abortion providers say their best hope of stopping the nation’s most restrictive abortion law is all but over.
U.S. Slashes Russia Trade Status, Bans Alcohol and Seafood
President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine.
Inflation Jumps to 40-Year High in February
The consumer price index jumped 7.9 percent in February, marking a 40-year high for inflation in the U.S. This report comes less than a week ahead of the Fed's all important meeting. Kayla Bruun, Economic Analyst, Morning Consult, joined Cheddar's Opening Bell to discuss.
Markets Open Lower On Hotter-Than-Expected Inflation Data
Markets opened lower amid hotter-than-expected inflation data, which surged to its highest level in nearly 40 years. Lisa Erickson, Senior Vice President and Co-Head, Public Markets Group, U.S. Bank joined Cheddar's Opening Bell to discuss the significance of this figure ahead of the Federal Reserve's FOMC meeting.
Glint Pay CEO on Switching to Gold as Safe Haven Amid Ukraine Crisis
As the Russia-Ukraine war disrupts the global economy, sending markets on a roller coaster ride, gold remains hovering around $2,000 an ounce. Often seen as a safe haven in times of economic crisis, Jason Cozens, founder and CEO of gold-as-currency platform Glint Pay, joined Cheddar’s Opening Bell to discuss the latest gold rush, how the war is impacting prices, and how people can use Glint to trade in the precious metal. “You know the stock markets and cryptocurrencies are risky investments," he stated. "Whereas gold is just reliable money. It's no one else's liability if you own."
