Your Cheddar hosts Kristen Scholer and Tim Stenovec break down today's top stories, from taxes to crypto.
Shares of Kodak more than doubled Tuesday after the company announced plans to jump into the cryptocurrency market. The photo imaging giant has plans for an initial coin offering called KodakCoin. The digital currency would be the backbone of a platform to help photographers license their work and track unauthorized use of their photos.
Plus, the newly passed tax law could save Americans billions of dollars on their utility bills. Electric companies in Massachusetts, Illinois, Oregon, and other states have announced plans to pass tax savings onto their customers.
Elon Musk has unveiled a new black and white “X” logo to replace Twitter’s famous blue bird as he follows through with a major rebranding of the the social media platform he bought for $44 billion last year.
But experts say that the Inflation Reduction Act is not enough to guarantee the U.S. will reach its emissions reduction targets needed prevent the most severe impacts of climate change.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The Department of Transportation is investigating a Delta Air Lines flight that was delayed with passengers trapped on a tarmac which led to some heat-related injuries during extreme temperatures in Las Vegas.
