The battle for home assistant domination is heating up on the Las Vegas Strip. Google Home and Amazon Alexa are the stars at CES 2018.
Cheddar CEO Jon Steinberg gives a preview of what to expect at this year's CES. Cheddar is going live from the conference all day.
In other retail news, people are shopping again in big numbers. Consumer confidence hit a 17-year-high in November. Major retailers like Target and Macy's reported major sales gains over the holiday season.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.