Apple Music is on track to outpace Spotify in the U.S. According to The Wall Street Journal, Apple Music has been growing its subscriber base by 5% every month, while competitor Spotify has only been growing by 2% per month. If both companies continue to grow at the current pace, Apple Music will overtake Spotify by this summer.
We dive into what's behind the latest ups and downs in the stock market. The Dow set a record for the largest two-day drop since the Brexit vote in June 2016. Chad Morganlander, Portfolio Manager at Washington Crossing Advisors, believes it would be healthy for markets to continue to pull back.
Sean Black, co-founder and CEO of Knock, tells Cheddar about his plans to take his company public in 2020. Knock is a start-up company that allows homeowners to sell or trade their homes for better ones.
Plus, we break down the Super Bowl advertising wins and losses. Amy Avery from Droga5 and Jeanine Poggi from Ad Age weigh in on their favorite commercials of the night. Overall, they say Tide ran a very successful ad campaign, while Ram's ad campaign sparked criticism from many viewers.
Traveling can be expensive and if a situation arises, costs can add up. Nick Ewen, senior editor at The Points Guy, joined Cheddar News to explain what travel insurance can cover and when you should purchase it.
A prosecutor opened a criminal fraud trial Wednesday by telling jurors that FTX founder Sam Bankman-Fried was on top of the world a year ago, hobnobbing with people like football star Tom Brady and ex-President Bill Clinton, before his historic fraud was exposed, leaving customers and investors without at least $10 billion they thought was secure.
Staying on top of your personal spending shouldn't be as complicated as you think. Lazetta Braxton, a certified financial planner, joined Cheddar News to provide tips on how to track that spending, such as grouping expenses into different categories.
Uber is adding a new task to its list of services: mailing consumers' return packages.
United Airlines said it's buying about 110 more planes from Boeing and Airbus.
Data shows auto sales rose in the third quarter.
Netflix is planning to raise prices, according to The Wall Street Journal.
Studies show about half of Americans will experience a layoff in their lifetime. Cheddar News' Ready4Work docuseries on Thursdays at 8:30pm provides tips in its latest episode on what to do if you get that pink slip.
The Biden administration announced a series of indictments and sanctions in connection with fentanyl trafficking.
Tens of thousands of unionized healthcare workers at Kaiser Permanente are walking off the job Wednesday.
