Nike is suing two of its competitors for alleged patent infringement.
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Dogecoin May Be a Meme Coin, but Its Staying Power Is Legit
Despite wild fluctuations and increasing competition from other canine-themed coins such as Shiba Inu and Dogelon Mars, Dogecoin has held onto the top spot of meme coins.
December Home Sales Fall 4.6%, But Cap Off Year of Strong Sales
December home sales fell 4.6%, but overall capped off a year of strong home sales. Lower supply was cited as the biggest factor in December's dip. Ed Moya, chief marketing strategist at Oanda, joins Cheddar News' Closing Bell to discuss the data, mortgage rates, sales numbers, and more.
Tesla Posts Record Profit, Won't Produce New Models in 2022
Tesla Inc. has posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips.
Stock Give up a Rally and End Lower as Volatility Continues
Stocks gave up an early rally and closed lower on Wall Street Thursday as a streak of market volatility continued.
Fed Chair Powell Hints First Interest Rate Hikes Might Come in March
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.
Picasso Heirs Launch Digital Art Piece to Ride 'Crypto' Wave
Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has never before been seen publicly.
Boeing Posts $4 Billion Loss Tied to Problems With 787 Jet
Boeing is reporting a fourth-quarter loss of $4.16 billion after taking a big charge against earnings to cover delays in delivering one of its jets to airline customers.
Stocks Fall, Yields Rise After Fed Signals Rate Hike 'Soon'
An early market rally gave way to a broad slide for stocks and a surge in bond yields Wednesday after the Federal Reserve signaled it plans to begin raising interest rates “soon” to fight a spike in inflation.
EVs Gobble Up Rare Earth Minerals as Miners Struggle to Keep Up
Arguably the biggest challenge to the rise of electric vehicles is their outsized demand for rare earth minerals. Cheddar's Alex Vuocolo does a deep dive into the struggle over securing supply chains for a green tech future.
