Amazon is looking to team up with banks to build a checking account-type product. The e-commerce giant is in talks with JPMorgan Chase according to the Wall Street Journal. Emily Glazer, banking reporter at the WSJ, explains her outlook for Amazon's ability to enter this sector.
The D10 is a Wall Street decathlon that has raised more than $10 million for pediatric cancer research over the years. This June, the event will celebrate its 10th anniversary! Dave Maloney is the founder of D10. Maloney joins Cheddar to explain why the event has continued to be popular and well attended.
The founder behind luggage company Wool & Oak wanted a trendy, back-packing alternative to the traditional tourist bag. Now Wool & Oak is now out with their third Kickstarter campaign that was fully funded in less than 24 hours!
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
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.