How Verizon Plans to Keep Cell Service Active During Disasters
The wireless company partnered with American Aerospace Technologies to develop drones that have 10 to 16 hours of flying power and a 50-mile range. Verizon says the technology can be a reliable tool for first responders.
For the full interview, [click here](https://cheddar.com/videos/verizons-drones-for-disaster-relief).
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.