Illinois has become the first state to protect child social media influencers. Cheddar News senior reporter Michelle Castillo talked about the state's new law, which ensures that children under the age of 16 are compensated for their social media businesses.

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How Traders & Investors Are Positioning Themselves With Fed in Mind
Ed Egilinsky, managing director and head of sales and distribution and alternative with Direxion, joined Cheddar News to discuss how short-term traders are preparing for any forward-looking guidance from the Federal Reserve about any potential rate hikes. Egilinsky also discussed how traders are looking at the overall banking sector for the short-term.
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