Your Cheddar hosts Kristen Scholer and Tim Stenovec discuss the biggest stories in business, the market, and personal finance.
While February was a wild month for stocks, everyday investors mostly hung in. They're apparently not willing to try to time the market. The volatility in February came as a shock to individual stock investors after a long period of calm and steady market growth. Early in the month the S&P 500 and the Dow fell into correction territory, both marked by a 10% decline from their earlier highs.
Plus, a growing number of companies are now paying their employees to get more financially savvy. The companies are concerned about the impact money problems are having on their workers' stress and productivity levels. As part of these "financial-wellness programs", employers are handing out cash and other incentives to get staffers to shore up their finances.
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Grove Collaborative’s CEO shares how the company is reinventing everyday goods with sustainability at the core and working toward a plastic-free future.
Atlanta Mayor Andre Dickens shares plans for affordable housing, community-led growth, and why private and public grocery stores could be key to food equity.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
