Disney reported a mixed performance in its latest quarterly results.
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Biden, Powell Meet on Economy, Inflation as Americans Grapple With Historically High Prices
President Biden and Federal Reserve chair Jerome Powell meet at the White House today for the first time since Powell's renomination to the position. The President and the Fed Chair discussed the economy and historically high inflation, as new data shows inflation may be cooling slightly. Morning Consult economic analyst Jesse Wheeler joins Cheddar News' Closing Bell to discuss how the Biden administration at the U.S. central bank can work together to combat soaring prices for American consumers.

Stocks Bounce Back as Nasdaq Jumps More Than 2%
Gene Goldman, Chief Investment Officer at Cetera, joins Cheddar News' Closing Bell, where he breaks down the reasons behind Thursday's bounce-back performance on Wall Street. Goldman also provides a dose of investing advice, highlighting the sectors he's favoring right now.

Stocks Close Lower Amid Economic Fears
David Scranton, CEO and Founder of Sound Income Strategies, joins Cheddar News' Closing Bell, where he provides his insight into why markets ended Wednesday's session lower and hones in on what he's looking for when it comes to the Fed combating inflation.

Private Payrolls Increase by Only 128,000 in May, Signaling Slowing Labor Market Growth
ADP's Chief Economist Nela Richardson joins Cheddar News' Closing Bell for a look at the job market in the United States. She breaks down the numbers behind her firm's latest findings and says her biggest concern lies in the continuing loss of jobs at small businesses, which shed 91,000 jobs during the month of May.

Mint House Raises $35 Million to Transform Hospitality
Tech-enabled residential hospitality company Mint House recently raised $35 million in a Series B round led by Mohari Hospitality. Mint House was described by one of its backers as 'the best of a hotel without the worst of a hotel, and the best of an Airbnb without the worst of an Airbnb.' Mint House offers apartment-style lodging across the country. The company claims its spaces combine the comfort of a home with the luxury of a hotel in order to give guests all of the perks and none of the tradeoffs. Will Lucas, Founder and CEO of Mint House, joins Cheddar News' Closing Bell to discuss.

Microsoft Lowers Q4 Guidance, Citing Unfavorable Foreign Exchange Rate
As the broader tech sector faces continued headwinds, Microsoft in particular is slashing its fourth quarter outlook for another reason: the strength of the dollar. Why is it that a strong dollar is negatively impacting tech giants? And what should investors keep in mind? Tim Lesko, director and senior wealth advisor at Mariner Wealth Advisors, joins Closing Bell to discuss.

Supreme Court Blocks Texas Social Media Moderation Law
Social media platforms walk a fine line when it comes to free speech, especially when posts lead to real-life negative consequences. Texas lawmakers are trying to enforce a law that would prohibit platforms from taking any action when it comes to malicious or violent posts, and they insist it does not violate the First Amendment. But the Supreme Court thinks otherwise, at least for now. Matt Schruers, President of the Computer & Communications Industry Association, joins Closing Bell to discuss what threat the Texas law poses to social platforms, why his organization sued over the law, what it could mean for users, and more.

Fintech Acrisure Closes $725 Million Equity Funding, Valuing Business at $23 Billion
Fintech company Acrisure recently raised $725 million in a new funding led by a wholly-owned subsidiary of the Abu Dhabi Investment Authority, bringing the company's valuation to $23 billion. Acrisure offers financial solutions including insurance, reinsurance, real estate services, cyber services, and asset management. The company says its financial solutions are powered by the best of human and artificial intelligence. Greg Williams, co-founder, CEO and President of Acrisure, joins Cheddar News' Closing Bell to discuss.

Fewer Americans Apply for Unemployment Benefits Last Week
Fewer Americans applied for jobless aid last week and the number of Americans collecting unemployment remain at historically low levels.



