Retail sales were higher than expected in July.
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Afternoon Alexa Flash Briefings of March 28th
Alexa Flash Briefings
Cheddar Afternoon News Briefings of March 28th
Cheddar Morning News Briefings
Need2Know: Ukraine Peace Talks, Colo. Wildfires, Shanghai Shutdown & Oscars Slap
Catching you up on what you Need to Know on Mar 28, 2022, with peace talks resuming in Ukraine as early as today, Colorado wildfires causing evacuations, Shanghai, China, ramping up restrictions once again, the Oscars debacle between Will Smith and Chris Rock, and more.
Tesla Seeks 2nd Stock Split in Less Than 2 Years
Shares of Tesla are up sharply after the electric car maker announced its second stock split in less than two years.
Wall Street Shakes Off a Midday Slump and Ends Higher
Stocks shook off a midday slump and closed higher on Wall Street, though energy companies ended in the red as crude oil prices fell sharply.
U.S. Plant-Based Food Market Value Reached All-Time High in 2021: Plant Based Foods Association
The U.S. market value of the plant-based food industry reached an all-time high last year. According to a new report from the Plant Based Food Association, retail sales of plant-based foods reached $7.4 billion, but questions are arising over whether the industry can sustain the levels of growth it had in the past few years. Julie Emmett, senior director of marketplace development at the Plant Based Food Association, joined Cheddar News' Closing Bell to discuss.
Stocks Close Mixed, But Major Indexes Clinch Second Consecutive Winning Week
Jimmy Lee, CEO of Wealth Consulting Group, joins Cheddar News' Closing Bell, where he explains why he and his firm remain bullish on the market despite the volatility brought on by the Russia-Ukraine conflict and rising inflation.
The 'Cinderella' Story of the Saint Peter's Peacocks
Saint Peter's University - a small school in New Jersey school - has skyrocketed to the center of the sports world in a 'Cinderella' story for the record books. The ultimate underdog of the men's March Madness tournament is just the third 15-seed to reach the Sweet 16, after beating Murray State and college basketball powerhouse Kentucky. Throughout the university's historic run, Saint Pete's has reportedly been earning what amounts to millions of dollars in publicity. Amanda Christovich, reporter for Front Office Sports, joins Cheddar News' Closing Bell to discuss.
Rental Car Delivery Company Kyte Raises $200 Million in Debt Financing to Grow Fleet
Kyte, a company that delivers rental cars to customers on-demand, closed an asset-backed credit financing of up to $200 million from Goldman Sachs and the Ares Global Management Alternative Credit Team to accelerate the company's fleet growth and margin expansion. Kyte and its financing providers will create a more robust trip economy that services a more demanding customer with a shared vision of an electrified, autonomous future. Ludwig Schoenack, co-founder and co-CEO of Kyte, joins Cheddar News' Closing Bell to discuss.
