Jon Miller, White House Correspondent for CRTV, discusses the GOP tax bill, which could be voted on as early as Tuesday. The Republican Party secured the number of votes needed to pass the bill on Friday, when Senators Marco Rubio and Bob Corker jumped on board.
Miller notes his surprise with Corker deciding to vote for the bill, given how bothered he was originally by the $1.4 trillion it would add to the deficit. We discuss how unfavorable the bill is polling with the American people. Miller adds that much of that is because he does not think the media is doing a good job of being honest about the bill. In addition to that, 45% of Americans don't actually pay taxes. Millers talks the overall good the bill will do for the economy and business-owners.
Stocks are holding relatively steady Wednesday as Wall Street bides its time until the Federal Reserve’s announcement in the afternoon about whether it will tighten the screws further on the economy.
Meme stocks are rising before the opening bell Wednesday after GameStop, one of the most heavily traded off-brand stocks during the pandemic, posted a surprise profit for the fourth quarter.
The rising cost of groceries is pushing more consumers to use Buy Now Pay Later (BNPL) services for necessities such as groceries, according to new data from Adobe Analytics.
White Claw helped make hard seltzer a staple for American drinkers. Now it's getting into the spirit business with its own vodka brand because of new rules passed during the pandemic.
TikTok is banning deepfakes amid increasing pressure from the U.S. government over privacy and security concerns. CEO Shou Zi Chew announced the policy in a TikTok video on Tuesday two days ahead of his scheduled appearance before congress.
Cheddar News looks ahead to The Day Ahead as the Federal Reserve meets to decide on a rate hike. Earnings are also on tap from Petco, Chewy and KB Home.