Apple is looking to advance its artificial intelligence capabilities in an effort to catch up with the rest of the industry. Cheddar News senior reporter Michelle Castillo talked about Apple's annual $1 billion investment into the tech and how it plans to put its own imprint on the space.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
