Hopes Rise on Debt Ceiling Deal, Prompting Another Positive Day on Wall Street

Brian Jacobsen, chief economist with Annex Wealth Management, joined Cheddar News to discuss the positive sessions for the stock market as investors were optimistic of a debt ceiling deal ahead of the June 1 deadline.

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Yeezy Split Puts Adidas at Risk of Massive Profit Loss in 2023

Adidas is bracing for a $1.3 billion loss in revenue and $535 million drop in profit in 2023 if efforts to sell off its inventory of Yeezy-branded sneakers fails.

Cheddar Morning News Briefings of February 10th

Cheddar Morning News Briefings

Unilever to Raise Some Prices, May Ease Up Later in 2023

Unilever said it will continue to raise prices on some products but will look to ease up later this year.

Hermes Wins NFT Birkin Lawsuit

French design brand Hermes won a U.S. trademark trial over an artist's copycat versions of its famous Birkin bags.

Americans Opt for More Booze Over Brews

After years of preferring beer over liquor, spirits have become the go-to drinking option for Americans.

Southwest Apologizes, Tells Senators Improvements Are Coming

A Southwest Airlines executive apologized for the company's holiday season meltdown in front of a panel of senators on Thursday.

Used Car Prices Rise Again Due to Unexpected Demand

Despite steady price declines in recent months, used car dealerships are hiking their prices once again.

PepsiCo to Grow Snack Portfolio

PepsiCo to Grow Snack Portfolio

Market Minute: Disney Layoffs, Twitter Glitch and More Bed Bath & Beyond Closures

Here is a rundown of Cheddar News' top trending market stories of the day.

Credit Suisse Sees Major Q4 Loss

Credit Suisse Sees Major Q4 Loss

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