New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.
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Stock of the Week: Meta's Many Changes and Uncertain Future
After a week of changes including a ticker change and longtime COO Sheryl Sandberg stepping down, Meta's future may seem uncertain. Cheddar News anchors Kristen Scholer and Ken Buffa broke it all down a the stock dropped around 4 percent on Friday amid a flurry of speculation around the company formerly known as Facebook.
The Week's Top Stories: Meta Morphing, Chewy Cheer & AMC Goes Maverick
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.
Buy Now, Pay Later Services Might Be Complicating Your Credit
Buy now, pay later — or point-of-sales loans — might be making it difficult to get a handle on your credit. These companies typically do not report payment history during transactions, so without this data going to credit scoring companies, it makes it difficult to know how many loans a customer still needs to pay. Experts are recommend paying off these debts as soon as possible.
In an Age of Feeling Overwhelmed, Pinterest Wants to Prioritize Mental Health
Cheddar's Michelle Castillo explores how Pinterest is looking to be one social media platform at least that makes a positive impact on mental health.
Survey Finds a Third of Americans Making $250K Live Paycheck-to-Paycheck
A new survey from LendingClub and Pyments.com shows that more than one-third of Americans making $250,000 are living paycheck to paycheck. The alarming trend is being found mostly among millennial earners.
Robots Are all the Rage as Factories Struggle With Labor Shortage
As manufacturing and shipping continue to face staffing challenges, robotic replacements are increasingly on their way to plug the gaps. Cheddar's Alex Vuocolo takes a deeper look at the latest trend.
How Advertisers Convinced Us We Need Deodorant
Body odor is natural, but it’s not exactly welcome… Thankfully, we have all kinds of deodorants and antiperspirants to help eliminate the stink. But believe it or not, there was a time when people weren’t so ready to accept these solutions. In fact, it took a pretty savage marketing campaign to convince us we had a problem at all.
Cannabis World Congress and Business Expo Returns to NY for Its 8th Year
Cannabis World Congress and Business (CWCB) Expo returned to the Javits Center in Manhattan at a very decisive time for New York's cannabis industry. Chloe Aiello reports.
Singer Pip and Vault Change Up How NFTs Are Used to Curate Exclusive Content
Vault, an NFT platform that allows creators to curate their own music and videos via an exclusive invitation, recently teamed up with independent artist Pip for the launch of his new album "Cotton Candy Skies." Nigel Eccles, the CEO of Vault, and singer-songwriter Pip joined Cheddar News to break down how the new platform works and why it's different from other blockchain concepts. "The way we've built it is we use the NFTs as keys that unlock the vault, and it's only the people who have those keys can actually see the contents of the vault," said Eccles. Pip added that he felt "inspired" to help with a new way of doing things in the music industry.
