In this week's "Hive Five" Kristen Scholer and Jon Kelly discuss tension in the White House between President Trump and his Chief of Staff John Kelly. Plus, how Amazon CEO Jeff Bezos is handling the search for Amazon HQ2.
It was recently reported that President Trump was considering replacing John Kelly and his daughter, Ivanka, will help in the search. Gabriel Sherman and T.A. Frank discuss what's in it for the President's daughter and who may take Kelly's seat.
Will Amazon replace workers with robots? As the company searches for its second headquarters in a very public way, many are wondering if it will even create jobs for the city it's built in. Maya Kosoff and Bess Levin discuss how the company may turn to robots to take care of certain jobs within the warehouse and shipment center.
Plus, Trump's trip to snowy Davos. Bess Levin and T.A. Frank talk about the public's perception of the President and what his time in Switxerland will look like.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
