Ed Egilinsky, Managing Director, Head of Sales and Distribution & Alternatives at Direxion, joins Cheddar News to discuss how traders are navigating rising interest rates, the pros and cons to a 'risk on' mindset, and what to keep an eye out for as earnings season heats up.
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FDA Says WanaBana Fruit Puree Pouches May Contain Dangerous Levels of Lead
The U.S. Food and Drug Administration is warning parents and caregivers not to buy or serve certain pureed fruit pouches marketed to toddlers and young children because the food might contain dangerous levels of lead.
How Extreme Weather May Have Affected Pumpkins You Picked for Halloween
Some pumpkin farmers in the West, particularly wholesalers in places like Colorado and New Mexico, are feeling the pinching effects of drought.
GM Reaches Tentative Agreement With UAW, Potentially Ending Six-Week Strike
General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers, three people briefed on the deal said.
Apple Holding Keynote Event on Monday Night
Apple's 8pm ET event Monday will revolve around its iMAC computer lineup of products which are expected to contain its new faster and three next-generation silicon chip.
McDonald's Posts Better-Than-Expected Third-Quarter Profits & Sales
McDonald's reported better-than-expected profit and sales in the third quarter.
Stocks Set to Close Lower for October Ahead of Fed Decision, Key Jobs Data
Major stock indexes are slated to close lower this month as investors brace for the Federal Reserve's rate decision and ahead of new jobs data.
FDA Issues Alert For Some Eye Drop Products
The Food and Drug Administration issued an alert and specifically mentioned 26 eye drop products from a number of brands.
Pharmacy Workers Plan Nationwide Walkout
Workers at a number of pharmacy chains nationwide were planning a walkout Monday and going through Wednesday.
Biden Signing Wide-Range Executive Order on Artificial Intelligence
President Joe Biden on Monday will sign a sweeping executive order to guide the development of artificial intelligence — requiring industry to develop safety and security standards, introducing new consumer protections and giving federal agencies an extensive to-do list to oversee the rapidly progressing technology.
