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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Why the Fed Raised Its Interest Rate Amid Record Inflation
The Federal Reserve announced that it will raise its interest for the first time in more than three years to fight record inflation. Cheddar News spoke with Mark Hamrick, Senior Economic Analyst at Bankrate how the move will impact the wallets of everyday Americans.

Breaking Down the Return of Former Longtime Starbucks CEO Howard Schultz
Paul T. Murray, president at PTM Wealth Management, joined Cheddar News to break down the implications of the Starbucks CEO shakeup, as the coffee company faces issues of unionization and pandemic-related closures. "Well, shareholders love Howard Schultz returning. I mean he's an iconic CEO, a visionary, a guy who made coffee as American as apple pie and shareholders are gonna continue to love that," Murray continued. "But he's got an uphill battle, frankly, because, this unionization push has now spread to 26 states, 100 stores, and the COVID pandemic is going to continue to be a headwind, especially in China where Johnson really made a lot of headway."

Fadia Kader on Clubhouse's $1 Billion Valuation, Future of Social Audio
Social audio app Clubhouse reached $1 billion valuation milestone this January, and Fadia Kader, head of strategic media partnerships at Clubhouse, joined Cheddar News to talk about what its been doing to keep the drive going. "We are the category first leaders. We are 100 percent focused on social audio. It's not just a feature that we've just like bottled up and put on there. We are a medium that is 100 percent focused on community and social audio," she said.

Amazon Gets the Go Ahead From the EU to Acquire MGM
European antitrust regulators gave Amazon approval for its MGM acquisition deal. Amazon expects MGM's collection of content will help it compete in the increasingly crowded world of streaming services.

Boxed Inc. CEO on Q4 Earnings, Avoiding the 'Great Resignation'
Online retailer Boxed reported a significant growth in its latest earnings, and CEO Chieh Huang joined Cheddar News to talk about its Q4 report, what's upcoming for the company, and how the business avoided the mass labor shortages dubbed the great resignation. "We've been really lucky when it comes to what we're known about as a company. Half of what comes up if you search us on the internet is how we treat our frontline team even before, I guess, it was the kind of soup du jour to do so," he said. "We treat them extraordinarily well."



