The online retailer announced that Best Buy will be the exclusive brick-and-mortar retailer for its new line of smart Fire TVs. It's the latest step in Amazon's push into physical locations and could eventually lead to more exclusive deals with Best Buy, says Michael Simon, Staff Writer for PC World.
For full interview, [click here](https://cheddar.com/videos/amazon-prime-soars-with-100-million-subscribers)
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.