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.
The Federal Trade Commission has sued to block Microsoft from completing its deal to buy video game company Activision Blizzard, the latest antitrust challenge to the proposed merger but one that could hasten its conclusion.
Child care costs have risen dramatically, especially since the pandemic. Dawn Allcot, parenting expert with Money Crashers, joined Cheddar News to provide tips for parents on how they can save on child care expenses.
Kristina Hooper, chief global market strategist with Invesco, joined Cheddar News to discuss a new week in trading as stocks closed near session highs, as the S&P and Nasdaq traded at their highest since April last year.
