On the Scene: Post-Holiday Shopping at American Dream Mall
You might think Christmas is the end of the holiday shopping season, but December 26th is one of the trafficked days in malls across the U.S. Cheddar News senior reporter Michelle Castillo traveled to the American Dream Mall in East Rutherford, NJ to find out its continued holiday offerings.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
