Claire Tassin, retail and e-commerce analyst at Morning Consult joined Cheddar News to discuss misses from retailers on Q4 earnings as well as Bed Bath & Beyonds rumored potential bankruptcy. "We're starting to see consumers lean more and more on debt and savings in order to continue to afford what they need to. So that's not really a strong set up for 2023," she said.
U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool.
Stocks fell on Wall Street Tuesday following a pair of weaker-than-expected economic reports.
U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
Disney CEO Bob Iger on Monday said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threaten jobs or expansion at its Florida resort is not only “anti-business ... but anti-Florida.”
Richard Branson's Virgin Orbit is filing for Chapter 11 bankruptcy protection after a failed mission this year and increasing difficulty in raising funding for future missions.
New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks
The Day Ahead: President Trump's Arraignment and JOLTS Report Update
Gregory Constantine, co-founder and CEO of carbon utilization firm Air Company, joined Cheddar News to discuss its agreement with the U.S. Air Force to create sustainable aviation fuel.
Twin Focus Financial Analyst Weighs in on State of Economy in Wake of OPEC Production Cuts
WWE, UFC Announce $24.1 Billion Merger Deal
