Your Cheddar hosts Kristen Scholer and Tim Stenovec discuss the latest news in personal finance, business, and the markets.
Not paying your car loan could now land you in jail. According to a new report from the American Civil Liberties Union, some people are being jailed for their unpaid bills. Private debt collectors are partnering with some local courts and prosecutors to use the criminal justice system to force repayments. The report says they are using arrests and jailing even when the debts are in dispute or when the debtor has no ability to repay.
Plus, your money isn't going quite as far as it used to. The consumer price index has increased .5% on the month and 2.1% on the year. Why? Experts say inflation is partial to blame, which means price increases for food, gas, utilities, cars, etc.
Whether it’s a deepfake video of actor Tom Cruise discovering gum in a lollipop or President Joe Biden discouraging people from voting via telephone, you’ve likely come across a deepfake video, photo or audio recording.
Tensions in the South China Sea, Apple moving to India, and banning TikTok? The podcast ‘Face Off: The U.S. Versus China’ helps explain how we got here.
Cust2Mate is a leading innovator in retail technology, aiming to revolutionize the shopping experience. By implementing smart cart technology, the tech company addresses the issue of theft while enhancing the shopper's journey.
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
As we head into the second quarter, there’s an argument in favor of buying Boeing stock. Why? As one expert says, ‘there’s nowhere else to get planes.’
With inflation and prices still on the rise, it might be worth considering a carpool app. One of them, Singapore-based Ryde, just went public in the U.S.
