Your Cheddar hosts Kristen Scholer and Tim Stenovec go through today's top stories. From Nasdaq hitting new highs to bitcoin surging, we cover the top news in business and tech.
The Nasdaq started out the year by breaking 7,000 for the first time. It took just over eight months to make its latest thousand-point move.
Plus Founders Fund, the VC firm founded by Peter Thiel has purchased $15 to $20 million in Bitcoin, according to the Wall Street Journal. That investment is now reportedly worth hundreds of millions of dollars.
Wages are finally starting to get bigger in cities with low unemployment rates. The labor markets in Minneapolis, Denver and Fort Meyers, Florida have tightened to a point where businesses are starting to raise pay to attract employees.
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.
After years of price increases for cars and trucks in the United States, costs are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
Missed out on the Nvidia wave? Oh course you did — you’re reading this article aren’t you, instead of luxuriating on a white-sand beaches of Bali. But here are at least four other promising semiconductor stocks to add to your portfolio.