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Fed Raises Key Rate but Hints It May Pause Amid Bank Turmoil
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
Strategies for Options Traders
Cheddar News' Courtney Sturgeon reports from the Cboe floor with Alan Knuckman, Chief Market Strategist at Bulls Eye Option, to discuss strategies for options traders ahead of a busy trading week amid earnings, the FOMC meeting, and more.
Cheddar Afternoon News Briefings of May 3rd
Cheddar Afternoon News Briefings
Afternoon Alexa Flash Briefings of May 3rd
Afternoon Alexa Flash Briefings
From the Picket Line: Writers Say Streaming Giants Need to Pay Up
On Tuesday, the Writer’s Guild of America (WGA) kicked off its first strike in 16 years. Cheddar News' field reporter Ashley Mastronardi spoke with some of those picketing writers who said streaming giants need to catch up with the times and offer a higher wage and a bigger cut of residuals.
Stock Market Today: Markets Slip After Latest Fed Rate Hike
Stocks closed lower on Wall Street after the Federal Reserve announced its latest hike to interest rates and hinted that the end to them may be near.
Airbnb Will Push Rooms as Low-Cost Option to House Rentals
Airbnb is making a renewed push into renting single rooms in a nod to its beginnings and a realization that renting an entire house is too expensive for many travelers, especially younger ones.
Ford Posts $1.76B 1Q Profit Largely on Gas-Powered Vehicles
Ford Motor Co. made $1.76 billion last quarter, swinging into the black from a $3.1 billion net loss for the same period a year ago.
Rising Turmoil Is Making Fed's Rate Decisions More Perilous
Poised to raise interest rates Wednesday for a 10th time, Federal Reserve officials are facing two competing economic trends that could make their future rate decisions more difficult and treacherous.
