Ford debuts its new "smart vehicle, smart world" at CES in Las Vegas. Alyssa Julya Smith met up with Sherif Marakby, Vice President of Autonomous Vehicles & EV at Ford, to discuss when the company will be hitting the road with its self-driving cars.
Earlier this year Ford teamed up with Domino's to deliver pizza to Michigan customers in driverless cars. Marakby discusses what went into making that experiment a successful one. Everything from which side of the car the touchpad should be on, to whether or not to integrate voice.
Plus, what is the future of smart cities and what are the challenges? Marakby says the biggest challenge in autonomous driving is parking. Most cities don't have enough curb accommodations for a fleet of self-driving cars to succeed. He said that Ford will be testing a fleet of self-driving cars in a new city, to be announced later this year.
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
Cheddar News' Courtney Sturgeon reports from the Cboe floor with Alan Knuckman, Chief Market Strategist at Bulls Eye Option, to discuss strategies for options traders ahead of a busy trading week amid earnings, the FOMC meeting, and more.
On Tuesday, the Writer’s Guild of America (WGA) kicked off its first strike in 16 years. Cheddar News' field reporter Ashley Mastronardi spoke with some of those picketing writers who said streaming giants need to catch up with the times and offer a higher wage and a bigger cut of residuals.
Airbnb is making a renewed push into renting single rooms in a nod to its beginnings and a realization that renting an entire house is too expensive for many travelers, especially younger ones.
Poised to raise interest rates Wednesday for a 10th time, Federal Reserve officials are facing two competing economic trends that could make their future rate decisions more difficult and treacherous.