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.
Matt Calkins, CEO of Appian, breaks down the recent bipartisan report on AI safety and shares thoughts on future privacy enhancements needed in the space.
Paul Dergarabedian, Senior Media Analyst at Comscore shares the ups and downs that hit box offices in 2024, and how "Glicked" helped end the year back on top.
