Chief Economic Adviser Gary Cohn is resigning after President Trump doubled down on his commitment to steel and aluminum tariffs - a move Cohn strongly opposed.
Todd Hitt, CEO of Kiddar Capital, and Eric Boehm, Reporter at Reason.com, discuss the effect that Cohn's departure could have on the White House. Without Cohn, the White House is losing one of its biggest globalist voices.
President Trump is committed to implementing steel and aluminum tariffs. According Axios' Jonathan Swan, the president could put announce those proposals as soon as tomorrow.
Stocks are closing higher on Wall Street after two days of losses, and the price of oil burst higher a day after a historic plunge.
Stocks around the world are clawing higher on Wednesday, and the S&P 500 climbed toward its first gain of what’s been a dismal week. Even the oil market turned higher.
Ben Midgley, CEO of Crunch Fitness Franchise, told Cheddar Wednesday that the company will take a close look at its approach to reopening its facilities.
President Donald Trump says he's ordered the Navy to “shoot down and destroy” any Iranian gunboats found to be harassing U.S. ships. Trump made the announcement on Twitter but provided no details.
Main Street America, a network of 1,600 commercial districts covering 300,000 small businesses, has conducted a survey offering some sobering statistics on the economic impact of the coronavirus pandemic.
President Donald Trump announced what he described as a “temporary suspension of immigration into the United States” on Tuesday. But he said the executive order he plans to sign as soon as Wednesday would apply only to those seeking permanent residency and not temporary workers.
Atlanta Mayor Keisha Lance Bottoms is speaking out against Georgia Gov. Brian Kemp's plan to reopen businesses such as gyms, nail salons, barbershops, and bowling alleys this Friday, April 24.
The Senate has approved a $483 billion coronavirus aid package after Congress and the White House reached a deal. The measure, passed Tuesday by the Senate, would replenish a small-business rescue program, provide hospitals with $75 billion more and implement a nationwide virus testing program to facilitate reopening the economy.
New York Gov. Andrew Cuomo said he had a “functional and effective” Oval Office meeting on Tuesday with President Donald Trump in which he pressed for more federal help as states try to increase testing for the coronavirus.
Oil prices are continuing to collapse, and U.S. stocks dropped to their worst loss in weeks as worries sweep markets about the economic damage caused by the coronavirus outbreak.
