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.
A resurgent Joe Biden scored sweeping victories across the country with the backing of a diverse coalition and progressive rival Bernie Sanders seized Super Tuesday’s biggest prize with a win in California as the Democratic Party’s once-crowded presidential field suddenly transformed into a two-man contest.
The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
HotelPlanner CEO Tim Hentschel told Cheddar that the travel industry is taking the worst hit it has seen in nearly two decades thanks to the coronavirus outbreak paralyzing multiple countries.
Stocks are whipping up and down after the Federal Reserve swooped into the market with an emergency rate cut in hopes of shielding the economy from the effects of the fast-spreading virus. Tuesday's surprise move gave stocks a strong, brief boost, but it took just 15 minutes for the gains to evaporate.
Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some time.” It was the Fed's first rate cut since last year, when it reduced its key short-term rate three times.
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
These are the headlines you Need 2 Know for Tuesday, March 3, 2020.
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.
