Stretching Your Dollar: Cyber Monday Versus Black Friday
Black Friday shoppers spent nearly $10 billion as they took advantage of in-store deals and sales. But do consumers prefer online buying with Cyber Monday deals over the tradition Black Friday shopping holiday? Andrea Woroch, consumer savings expert, joined 'Stretching Your Dollar' to talk about which shopping day might benefit consumers more and how to find the best deals.
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
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.
