Maine’s lobster population has been booming for the past few decades as coastal waters grow warmer due to climate change. But scientists have reason to believe that boom may soon go bust, as other climate change-related side effects put pressure on lobster populations and on the industries that depend on them.
Cheddar News reporter Chloe Aiello visited Kennebunkport, Maine, to speak with scientists and lobstermen to find out more.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.