Our best weapon in the fight against the coronavirus is social distancing, but it can be difficult — if not impossible — for people who live in prisons that now face some of the highest COVID-19 rates in the country. One in five prisoners has contracted the disease. Cheddar Senior Reporter Michelle Castillo took a closer look at the situation incarcerated people are facing during the pandemic.
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.