President Trump's first year in office has seen style choices turn into political controversies. Racked's Eliza Brooke joins Cheddar to explain why Americans are so fixated on The White House fashion choices. She explains why the fixation touches on issues of class and wealth disparity.
The senior reporter revisits some of the most buzz-worthy White House fashion moments of the year. From President Trump's taped-on necktie to Melania Trump's stilettos, there was no shortage of sartorial political headlines. Brooke reveals why the president's style is a flashpoint for both his critics and biggest supporters.
A Wall Street Journal report found that Ivanka Trump has worn her own brand in 68% of her official appearances this year. Brooke considers whether the First Daughter is acting as a walking billboard for her personal fashion line. We also look back at the fashionable moments from other White House figures like Sean Spicer and Kellyanne Conway.
Lenore Hawkins, chief macro strategist for Tamatica Research, told Cheddar that the combination of the COVID-19 outbreak and the oil price war between Saudi Arabia and Russia is an unprecedented set of circumstances for investors.
The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus.
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.
Bond yields fell to more record lows as investors continue to demand safety and unload stocks. The yield on the 10-year Treasury note sank as low as 0.66% as investors worried that economic damage from the spreading virus outbreak will be worse than previously thought.
Cheddar will be following the biggest political headlines as voters head to the polls in critical Super Tuesday primaries.
Dr. William Schaffner of Vanderbilt University said taking steps like sanitizing the subway system "may play a small role in mitigating the transmission of this virus, but it signals to people that we ought to be functioning as we can and doing the things we can do."
Stocks are falling sharply again in midday trading on Wall Street, and bond yields are sinking to more record lows on worries about the economic damage coming from the spreading coronavirus outbreak.
President Donald Trump on Friday signed an $8.3 billion measure to help tackle the coronavirus outbreak that has killed more than a dozen people in the U.S. and infected more than 200.
These are the headlines you Need 2 Know for Friday, March 6, 2020.
U.S. Representative Pete Aguilar of California voted yes on an $8.3 billion coronavirus emergency package bill, a much higher figure than the $2.5 billion requested by the White House.
