Heather Haddon, reporter for The Wall Street Journal, shares her thoughts on Kroger becoming the third retailer to raise the age for buying a firearm to 21. Walmart and Dick's Sporting Goods made similar changes recently.
Haddon notes this decision wasn't made in response to Kroger shareholders who asked for similar measures to be taken back in 2016. In reality, she says this will only affect a small number Kroger-owned Fred Meyer locations. There are 43 Fred Meyer stores nationwide.
Haddon says if the NRA is upset with any of these retailers it's probably Walmart because they are the largest retailer in America. Kroger is the largest supermarket chain in the country.
U.S. regulators are sounding the alarms about the meme stock mania fueled by retail investors. FINRA, the regulator for all brokerage firms and exchanges in the U.S. is warning that retail traders could easily get in over their heads due to their lack of knowledge about complex investments like options, ETF's and structured notes. Thomas Gorman, Attorney, Dorsey Whitney & former Securities Exchange Commission Regulator joined Cheddar's Opening Bell to discuss how regulators and trading platforms can crack down on retail investors.
The deadline for filing federal taxes is just a few weeks away. Experts are warning taxpayers to brace for yet another year of delays and complications, as the pandemic causes backlogs and obstacles to the system. Dan Geltrude, Managing Partner at Geltrude & Co, joined Cheddar's Opening Bell to give some tips on tax season.
Sophie Karp, Equity Research Analyst at Keybanc Capital Markets, talks about the push toward clean energy amid rising oil prices and highlights the challenges the U.S. faces in shifting toward renewables.
The next generation of investors has a host of concerns about retirement with inflation and broader uncertainty topping the list. Rita Assaf, Vice President of Retirement, Fidelity Investments, joined Cheddar's Opening Bell to discuss Fidelity Investments' State of Retirement Planning Study.
Gas prices are driving up demand for electric vehicles, but many potential buyers are having trouble finding them.
Thanks to a perfect storm of consumer demand and supply issues, EVs and hybrids are becoming increasingly hard to come by. Jesse Toprak, Chief Analyst for Autonomy, breaks down the factors contributing to this EV crunch.
Tickets for the hottest Broadway shows are now more expensive than they were even before the pandemic. According to data from the Broadway League, about half of the current productions are grossing more than $1 million a week. Just before Covid shut down the Great White Way, only a third of shows were making that much. But despite the hefty price tags, demand is strong. Ed Butowsky, Chapwood Investments Managing Partner, explains why Americans are still willing to splurge on these experiences, even as prices continue to rise.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
David Spika, President & CIO of GuideStone Capital Management, talks about the Fed's approach to tacking inflation and discusses the ripple effect oil is having on the U.S. companies.