New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.
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Brooks Running Surpasses $1 Billion in Revenue in 2021
Jim Weber, CEO of Brooks Running, talks about the 25% YOY growth, and why sustainable footwear is a main focus for the brand and consumers.
Hertz Partners With Car Rental App UFODRIVE For Electric Vehicles
Hertz is teaming up with UFODRIVE, a self service electric vehicle rental company, as part of its commitment to lead the future of mobility. Based in Europe, UFODRIVE is the first all-digital all-electric car rental service controlled from an app. Jayesh Patel, senior VP of corporate strategy at Hertz, joined Cheddar's Opening Bell to discuss the partnership and how it will propel the transition to electric vehicles.
Biden Imposes Economic Sanctions On Russia
President Biden unveiled new economic sanctions on Russia for what he called "the beginning of a Russian invasion". This came one day after Putin sent troops into two breakaway regions of eastern Ukraine. Alex Ward, national security reporter for POLITICO, explains what these sanctions might do to the global economy.
Americans Ready To Splurge Again As Covid Cases Decline
More than two years into the pandemic, Americans are ready to go out and splurge. With Covid cases falling and restrictions rolling back, many companies are seeing a surge in demand for everything from hotels to restaurants to sports games. Lindsey Roeschke, travel & hospitality analyst at Morning Consult, joined Cheddar's Opening Bell to discuss trends going on in the industries right now.
U.S. Retail Sales Jumps to Record High in January
Aditya Bhave, Senior Global Economist at BofA Securities, breaks down the spending categories seeing a jump in January and provides an outlook on consumer spending in a rising interest rate environment.
Amazon Expands Health Care Services Nationwide
Kristen Helton, Director of Strategic Initiative at Amazon Care, talks about Amazon's initiatives in the health care industry and how companies are looking to offer the service as a new health benefit for employees.
Markets Assess Rising Tensions Between Russia and Ukraine, Inflation Concerns
Craig Erlam, Senior Market Analyst at OANDA, breaks down the industries impacted by geopolitical tensions and provides insight into the strength of consumer spending.
Cheddar Quick Hit GSTV of February 24
Cheddar Quick Hit GSTV
Equip Raises $58 Million Series B Funding to Revolutionize Treatment of Eating Disorders
Equip is a virtual treatment platform for eating disorders, and recently raised $58 million in a Series B round led by The Chernin Group. The company aims to revolutionize treatment for eating disorders by delivering virtual care teams and clinical expertise directly to families' homes. Equip says the need for its platform has only been exacerbated by the COVID-19 pandemic. The National Eating Disorder Association's helpline has had a 107% increase in contacts since the start of the pandemic. Kristina Saffran, CEO and co-founder of Equip, joins Cheddar News' Closing Bell to discuss.
