Dow is Down Around 1,800 Points After Last Two Sessions
Chad Morganlander is a Portfolio Manager at Washington Crossing Advisors. Morganlander joins to discuss what's next for the stock market after the Dow has lost 1800 points over the last two trading sessions.
Morganlander says investors need to keep perspective. When it comes to advice for the average investor, Morganlander does not advise pulling out all of your money. He says you should keep your investments for the companies that do not carry a lot of debt and are trustworthy.
Even though Morganlander said he expected this to happen, the problem is you never know exactly when it is going to happen.
Whether your credit card has declined or if you had difficulty splitting a bill at an outing, those awkward financial moments can get the best of us. Bobbi Robell, founder of Financial Wellness Strategies and author of "Launching Financial Grownups," joined Cheddar News to provide tips on how to handle those tense situations.
With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell told a House committee Wednesday.
For the first time, U.S. regulators on Wednesday approved the sale of chicken made from animal cells, allowing two California companies to offer “lab-grown” meat to the nation's restaurant tables and eventually, supermarket shelves.
Amazon was sued Wednesday by Federal Trade Commission for what it called a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions.
A 29-year-old Cincinnati woman was awakened by her Apple Watch, which alerted her about an elevated heart rate, prompting her to head to a doctor who notified her of a blood clot.
Anheuser-Busch's top marketing executive Marcel Marcondes addressed the ongoing boycott of Bud Light after protests over the company's partnership with trans influencer Dylan Mulvaney.