Seven presidential hopefuls will gather this evening at Loyola Marymount University in Los Angeles for the sixth Democratic debate, and a senior advisor to Sen. Bernie Sanders told Cheddar he does not expect Donald Trump's impeachment to change the rhetoric of the field tonight.
"I think there will be a question about it because it's so fresh and we're coming off the heels of this big day that happened in Washington, DC, but people here at this debate, especially Senator Bernie Sanders are going to stay focused on his core issues… We're going to talk about the brick and mortar issues that have propelled Bernie Sanders to the top in the California polls," Chuck Rocha said.
Sanders surged in a California poll last week. California, which votes on Super Tuesday, promises almost 500 delegates, yielding influence over the presidential primary's ultimate result. In 2016, Sanders trailed in California to Hillary Clinton, who later claimed the Democratic nomination.
California's decision to move its primary up for the 2020 race this year from June to March makes its outcome even more significant. The Golden State has a more diverse population than Iowa and New Hampshire, which vote in February, and will have the largest number of delegates at next summer's Democratic convention.
Rocha thinks the Vermont senator's appeal to young, diverse voters will help propel him to the nomination. "We have such huge support among young people of color," he said. Only one non-white candidate, entrepreneur Andrew Yang, will be on the stage tonight and recent Quinnipiac polls put Yang fourth in the demographic group under 35, which Sanders leads.
"It's time for the working families of this country to have a voice… that's what we stand for and that's what Senator Sanders will continue to stand for," Rocha said.
President Joe Biden on Wednesday signed a long-awaited executive order on cryptocurrencies, striking a careful balance between highlighting the risks of digital assets and touting their potential benefits.
McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia.
The price of nickel, one of the key minerals needed to produce stainless steel and lithium-ion batteries, saw an unprecedented surge Tuesday amid fears that Western sanctions could cut off Russian supplies of the crucial commodity.
As Western companies cut ties with Russia over its invasion of Ukraine, there's a possibility their Chinese rivals could move in and fill the void. Major corporations such as Apple, Samsung, Dell, and more have halted sales in Russia in hopes of encouraging Putin to back down, but now it seems those sanctions could be presenting a unique opportunity for China. Michael Friedson, Co-founder and Executive Editor of The Media Line News Agency, joined Cheddar's Opening Bell to discuss how these Western boycotts are reshaping geopolitical alignments, the global economy, and international trade.
Gas prices have reached their highest level since 2008, topping an average of $4 across the country. The surge comes as Russia's invasion of Ukraine triggers supply concerns in what was already an extremely tight oil market. Jay Hatfield, Chief Investment Officer at ICAP, breaks down why costs at the pump are so high right now, and just how high they could go.
President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine.
If confirmed, judge Ketanji Brown Jackson could become the first black woman on the bench of the U.S. Supreme Court. Cheddar News speaks with Katie Barlow, Chief Legal Correspondent at Fox 5 to discuss the significance of the nomination.
The European Union is historically divided and slow when it comes to decision-making, but in the recent weeks, the 27 members have agreed upon several sanctions and decisions regarding foreign policy and defense. The EU has cut off Russian banks from the swift payment system, blocked Russian propaganda channels, and closed European skies for air travel to and from Russia. Germany, for example, who has refused to send any deadly weapons to conflict zones, has now agreed to send lethal weapons to Ukraine. Rupert Steiner, London Bureau Chief at Barron's, joins cheddar news to discuss.
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.