The Department of the Interior announced plans to expand offshore drilling, upsetting environmentalists and members of Congress alike. Congressman Donald McEachin, a democrat representing Virginia's fourth district, serves on the Natural Resources Committee. He believes the move shows the Trump Administration is "tone deaf" on the issue of offshore drilling.
Congressman McEachin says protecting the "We don't want any environmental issue, really, to fall down between Democrats and Republicans," the Congressman said.
The Congressman has also co-sponsored the Military Spouse Employment Act. If passed, the bill will provided resources for military spouses struggling to find jobs as their loved ones serve in the military.
Dow Jones skyrockets on hopes central banks protect the economy from the coronavirus outbreak.
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, has an optimistic view of the markets going forward despite the headwinds of the COVID-19 outbreak and President Trump's handling of the health crisis.
Amy Klobuchar is ending her Democratic presidential campaign, plans to endorse Joe Biden.
These are the headlines you Need 2 Know for Monday, March 2, 2020.
Democrat Pete Buttigieg is ending his campaign for president, the Associated Press is reporting.
Joe Biden scored a convincing victory in South Carolina’s Democratic primary on Saturday, riding a wave of African American support and ending progressive rival Bernie Sanders’ winning streak.
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.
Stocks sank again after another wild day, extending a rout that left the market with its worst week since October 2008. Major indexes clawed back much of their intraday losses in the last 15 minutes. Bond prices soared as investors sought safety, pushing yields to record lows.
The World Health Organization raised its threat assessment Friday saying the global risk of the novel COVID-19 is now "very high," the director-general told reporters, even as the White House continues to downplay the potential impact of the coronavirus in the U.S.
Federal Reserve Chairman Jerome Powell pledged that the Fed will "use our tools" to support the economy, a strong signal of a likely rate cut, perhaps at its next meeting March 17-18.
