Time names its Person of the Year. The magazine's assisting managing editor talks about giving "The Silence Breakers" the title. Facebook is named the best company to work for. The social network topping career site Glassdoor's annual employee choice awards. UPS is warning customers of some delivery delays after those record-breaking Cyber Monday orders. Wal-Mart Stores is changing its legal name to Walmart after nearly 50 years. Bitcoin hits an all-time high of $13,000. Bravo star Katie Maloney talks about the 6th season of "Vanderpump Rules" and her celeb makeup collaboration.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
