Your Cheddar hosts Kristen Scholer and Tim Stenovec go through today's top stories. From Nasdaq hitting new highs to bitcoin surging, we cover the top news in business and tech.
The Nasdaq started out the year by breaking 7,000 for the first time. It took just over eight months to make its latest thousand-point move.
Plus Founders Fund, the VC firm founded by Peter Thiel has purchased $15 to $20 million in Bitcoin, according to the Wall Street Journal. That investment is now reportedly worth hundreds of millions of dollars.
Wages are finally starting to get bigger in cities with low unemployment rates. The labor markets in Minneapolis, Denver and Fort Meyers, Florida have tightened to a point where businesses are starting to raise pay to attract employees.
A company has installed vending machines that sell ammunition in grocery stores in Alabama, Oklahoma, and Texas, raising gun control concerns.
WASHINGTON (AP) — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off abou
Microsoft has relinquished its seat on the board of OpenAI, saying its participation is no longer needed because the firm has improved its governance.
Target will no longer accept personal checks from shoppers as of July 15 in a sign of how a once ubiquitous payment method is going the way of the dodo.
A Delaware judge is considering a massive and unprecedented fee request by lawyers who successfully voided a pay package for Tesla CEO Elon Musk
The Bank of America Institute found that average monthly rent payment growth for the bank's small business clients rose 12% year-on-year.
A driverless ride-hailing car in China hit a pedestrian, but people on social media are taking the carmaker’s side in an AI vs. humans debate.
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in a possible sign of looming rate cuts.
America’s oldest flour company, King Arthur Baking Co., saw a six-fold increase in demand during the pandemic, and baking interest continues to rise.
The surgeon general has said there's a loneliness epidemic in America. For many people, that includes a lack of friendships at work. But there's hope!
