The best stock in the Cheddar 50 index this year? Digital payments company Square. Meanwhile, Pandora leads the list of losers.
And Apple shares sinking Tuesday after analysts cut their forecasts for iPhone X shipments in the first quarter. Plus retailers see their best holiday shopping season in years.
Plus we break down the top downloaded apps and video games this holiday season - what this data says about what gadgets people found under their Christmas trees this weekend.
Greg McBride, chief financial analyst at Bankrate.com, joined Cheddar News to discuss inflation trends. “I think with strong confidence that peak inflation is behind us, the trend is definitely one towards continued improvement but we've got a long way to go,” he said.
Nick Bodkins, CEO & founder of beverage collection Boisson, joined Cheddar News to discuss how the industry of non-alcoholic is gaining popularity. “This category is growing but it doesn't have that scale yet.”
Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates.
Bringing manufacturing back to the United States is a top priority for the Biden administration, but a new report from Citi indicates that companies might have other priorities when it comes to securing their supply chains.