House Republicans, with the approval of President Donald Trump, released a controversial GOP intelligence memo that alleges FBI surveillance abuses against former Trump campaign aide Carter Page. J.D. Durkin brings Cheddar a first look.
Netflix and Amazon left Sundance without buying a single movie this year. The two studios are prioritizing in-house productions instead, and Amazon CEO Jeff Bezos has been focusing on more crowd-pleasing productions instead of smaller indie movies.
Grammys president Neil Portnow facing calls to resign following comments he made arguing that female artists need to "step up" to achieve more equality in the music industry. Over a dozen women music executives signed a letter calling his actions "spectacularly wrong." Portnow has since walked back his comments, calling his choice of words regrettable. Only one woman one a major award at last Sunday's Grammys.
The Treasury Department pushed for the requirement to help close the tax gap in the crypto industry by forcing better IRS reporting, but legislators on both sides of the aisle argue that the language is too broad and could curb innovation in the space.
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.
Federal officials said Monday they are seeking more than $160,000 in fines from eight airline passengers over incidents involving alcohol.
President Joe Biden is ordering a record-setting 50 million barrels of oil released from America's strategic reserve to help bring down energy costs.
El Salvador President Nayib Bukele says his government will build an oceanside “Bitcoin City” at the base of a volcano.
President Joe Biden announced he’s nominating Jerome Powell for a second term as Federal Reserve chair, endorsing Powell’s stewardship of the economy through a brutal pandemic recession.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Kyle Rittenhouse has been acquitted of all charges after pleading self-defense in the deadly Kenosha, Wisconsin, shootings that became a flashpoint in the nation’s debate over guns, vigilantism and racial injustice.
A sharply divided House has approved the Democrats’ sweeping social and environment bill, a big victory for President Joe Biden.
A rare first printing of the U.S. Constitution has sold at Sotheby’s in New York for $43.2 million, a record price for a document or book sold at auction.
