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.
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
Hayley Berg, Hopper’s lead economist, previews soaring summer 2025 travel: record international flights, cheaper fares for Europe & Asia, plus booking hacks.
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
