With summer travel season on the horizon, Cheddar News is providing a few tips so you can get the best bang for your bucks. Haley Berg, lead economist at Hopper, joined "Closing Bell" to share some cost-saving strategies. "We're expecting a packed Memorial Day weekend. It will be the biggest Memorial Day weekend since pre-pandemic and most of those travelers, luckily, paying a little bit less than last year but still around those 2019 levels,"
she said.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.