Retail sales were higher than expected in July.

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Stocks Close Lower, S&P 500 and Nasdaq Snap Three-Day Streak
After three straight days of gains, investors were skittish Thursday ahead of key inflation data out Friday. Markets are expecting consumer price index data to be higher than expected, with some economists expecting a number exceeding 7%. Chance Finucane, Chief Investment Officer at Oxbow Advisors joins Cheddar News' Closing Bell to discuss today's close, CPI predictions, the Fed's recent announcements about inflation and its taper timeline, Lululemon earnings, and more.
New Cannabis Expungement Bill Introduced In Congress
A new bill in Congress shows just how bipartisan cannabis really is. Rep. David Joyce, a Republican from Ohio, teamed up with progressive Rep. Alexandria Ocasio-Cortez on a cannabis expungement bill. Cheddar cannabis reporter Chloe Aiello spoke with the congressman about the legislation.
Play-to-Earn Gaming Platform Rainmaker Games Raises $6.5 Million Seed Round
Rainmaker Games bills itself as a blockchain-based organization founded in the metaverse, built on a new type of gaming ecosystem called play-to-earn. The company announced a $6.5 million seed round after it was founded just this year. Rainmaker Games CEO and founder Will Deane joins Cheddar News' Closing Bell to discuss.
Analysts Issue Bullish Calls on Apple as it Edges Closer to $3 Trillion Market Cap
Analysts are all-in on tech giant Apple, issuing bullish ratings this week and calling it a 'safety blanket' and one of the best assets for investors in 2022. This comes as Apple edges closer to a $3 trillion market cap. Mario Stefanidis, Vice President at Roundhill Investments, joins Cheddar News' Closing Bell to discuss why analysts are bullish on the tech giant, how close the company is to hitting a $3 trillion market cap, and more.
Satellite Company Planet Goes Public via SPAC
Planet made its public debut on December 8, ringing the opening bell at the NYSE in honor of the occasion. With more than 200 satellites in orbit, the company operates the world's largest constellation of satellites, providing daily scans of the entire earth. This helps with everything from agriculture companies monitoring fields and crop health, to FEMA's disaster response, to marine protection programs. Will Marshall, co-founder and CEO of Planet, explains how this milestone will allow the company fulfill its mission of using space to help life here on Earth.
North Carolina Embraces Clean Energy Future With Toyota's First U.S. EV Battery Plant
North Carolina is transitioning into an electric vehicle manufacturing hub, as Toyota plans to build its first North American lithium-ion battery plant. Machelle Baker Sanders, secretary of commerce for North Carolina, joined Cheddar to discuss the influx of tech-heavy businesses and what Toyota's 1,750 jobs mean for North Carolina's economy. Sanders said the carmaking giant's $1.29 billion project was contingent on it committing to align with the state's own climate goals for a greener future.
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