It seems as though the legal battle between Stormy Daniels and President Donald Trump takes new twists and turns every day, playing out in headlines and on Twitter despite the non-disclosure agreement under dispute.
For former prosecutor Jonna Spilbor, all of this rests on an “unwinnable case” and may just be a publicity stunt.
“[In] simple contract law a deal is a deal,” Spilbor told Cheddar Friday.
“She got the money, she cashed the check, the deal is done...She cannot now go back and say ‘I want another deal.’ It doesn’t work that way.”
Daniels, the adult film star whose real name is Stephanie Clifford, allegedly had an affair with Trump back in 2006. During the 2016 presidential campaign, the then-candidate’s lawyer Michael Cohen, paid Daniels $130,000 in exchange for her silence.
Earlier this month, in an attempt to invalidate an attached non-disclosure agreement, Daniels filed a lawsuit claiming that deal with Cohen was null and void because Trump never signed it.
She sat down with CBS’s “60 Minutes” to tell her side of the story at the beginning of March. The interview will air next week.
For the full interview, click [here](https://cheddar.com/videos/stormy-daniels-case-against-trump).
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.
