The newest round of tariffs on China imposed by the Trump administration will be damaging for American farmers, particularly soybean and corn growers, said Kimbal Musk, the restaurateur (and brother of Elon) who founded the Kitchen Restaurant Group. Because farmers can only "innovate once a year" during harvest, what they need most is certainty.
For full interview [click here](https://cheddar.com/videos/kimbal-musk-optimistic-about-food-farming-tesla).
Eric Lynch, managing director of Scharf Investments, joined Cheddar News to discuss market trends and what lies ahead as the Federal Reserve paused interest rate hikes.
On this edition of Stretching Your Dollar, AJ Ayers, certified financial planner and co-founder of Brooklyn Fi, provided some tips on how to boost your credit score.
The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation.