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.
Seth Schachner, Managing Director at Strat Americas, talks Disney's taking control of Hulu, Warner Bros. and Discovery's split and how if affects the viewers.
The Tony Awards on Sunday lured 4.85 million viewers to CBS, its largest broadcast audience in six years. CBS says Monday that Nielsen data shows the telecast — hosted by “Wicked” star Cynthia Erivo — scored a 38% increase over last year’s 3.53 million viewers. That’s the largest audience for the Tonys since 2019, when the telecast that year nabbed 5.4 million viewers and “Hadestown” was crowned best new musical. The latest version also had to compete with the second game of the NBA Finals, between the Thunder and Pacers,
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
