The U.S. economy is getting a big boost from Taylor Swift's concert tour and contributing to the tourism industry.
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US Economic Growth for Last Quarter Is Revised Up to a Still-Tepid 1.3% Annual Rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate.
Cheddar Morning News Briefings of May 25th
Cheddar Morning News Briefings
Stretching Your Dollar: What to Consider Before Buying a Car
Karl Brauer, executive analyst with Iseecars.com, joined Cheddar News to discuss what to consider if you're in the market for a new or used vehicle.
Mortgage Demands Drop as Rates Soar
New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.
Nvidia Offers Strong Outlook on A.I. Chip Demand
Nvidia posted strong quarterly results, citing strong demand and plans to significantly increase supply.
Fed Minutes Flag 'Uncertainty' on Future Rate Hikes
Minutes from a recent Federal Reserve meeting showed that members "expressed uncertainty about how much more policy tightening may be appropriate."
Microsoft: China-Sponsored Hackers Hit U.S. Systems
Microsoft said it detected malicious hacking activity against critical U.S. infrastructure by a Chinese state-sponsored group.
The Day Ahead: Earnings, Key Economic Data, National Wine Day
Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.
Iconic Movie Props Up for Auction
Over 1,400 props from classic movies like Star Wars, Shawshank Redemption and Gladiator will be up for auction next month in what experts say will be one of the largest memorabilia auctions in the world.
