The Department of Transportation is investigating a Delta Air Lines flight where passengers were stuck in extreme heat while waiting on a flight on the tarmac.
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Stephanie Shojaee on Paving the Way for Women in Real Estate
With real estate being a largely male-dominated industry, Stephanie Shojaee, vice president and chief marketing officer at development company Shoma Group, joined Cheddar News to discuss how she took on the gender gap for women to achieve leadership roles, starting at her own company. “It's been very important to teach all the women that work here, especially the younger ones, that they shouldn't change themselves," she said. "You need to be happy with who you are and just keep breaking barriers."
DocuSign CEO on Lowered Guidance Off of COVID Despite Q4 Earnings Beat
DocuSign saw high growth levels due to high demand in going paperless during the pandemic, but the e-signature company also posted lower guidance going forward. CEO Dan Springer joined Cheddar News to discuss the revenue. "The challenge for our business was more that we got used to that very high level of demand during COVID, where we were a beneficiary of people needing to move so much faster, to drive, to accelerate their transformation," he said. "And now as we come off that acceleration, we didn't move quickly enough, we didn't adjust our business back to the mode we had pre-pandemic."
Cheddar Afternoon Google News Briefings of March 11th
Cheddar Afternoon Google News Briefings
Afternoon Alexa Flash Briefings of March 11th
Alexa Flash Briefings
U.S. Slashes Russia Trade Status, Bans Alcohol and Seafood
President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine.
Inflation Jumps to 40-Year High in February
The consumer price index jumped 7.9 percent in February, marking a 40-year high for inflation in the U.S. This report comes less than a week ahead of the Fed's all important meeting. Kayla Bruun, Economic Analyst, Morning Consult, joined Cheddar's Opening Bell to discuss.
Markets Open Lower On Hotter-Than-Expected Inflation Data
Markets opened lower amid hotter-than-expected inflation data, which surged to its highest level in nearly 40 years. Lisa Erickson, Senior Vice President and Co-Head, Public Markets Group, U.S. Bank joined Cheddar's Opening Bell to discuss the significance of this figure ahead of the Federal Reserve's FOMC meeting.
Glint Pay CEO on Switching to Gold as Safe Haven Amid Ukraine Crisis
As the Russia-Ukraine war disrupts the global economy, sending markets on a roller coaster ride, gold remains hovering around $2,000 an ounce. Often seen as a safe haven in times of economic crisis, Jason Cozens, founder and CEO of gold-as-currency platform Glint Pay, joined Cheddar’s Opening Bell to discuss the latest gold rush, how the war is impacting prices, and how people can use Glint to trade in the precious metal. “You know the stock markets and cryptocurrencies are risky investments," he stated. "Whereas gold is just reliable money. It's no one else's liability if you own."
Russia Defaulting On Its Debt Is "Imminent"
As Western sanctions weigh on Russia's economy, the country is at the risk of defaulting on its debt. Fitch ratings agency has downgraded Russia's debt for the second time in a week, warning a "sovereign default is imminent." Jesse Wheeler, Economic Analyst at Morning Consult, explains what that means, and how it could have ripple effects across the global economy.
