Today we bring you #ChedHER: a day full of live programming celebrating women who are changing the game. In each hour, we'll focus on a different theme and introduce a new guest co-host.
In Opening Bell, we highlight women in business and finance and then women entrepreneurs. Anjali Kumar, Cheddar's Chief People Officer and General Counsel, kicks off the day's coverage with Kristen Scholer.
We hear from Dia Simms, president of Combs Enterprises, about how she climbed the ladder and got to where she is today. Simms started as Sean Combs' assistant in 2005 and gradually worked her way up the ranks. At times, Simms oversaw Combs' liquor, entertainment, and clothing properties, and also played a big role in the creation and launch Ciroc Vodka.
We also talk to Whitney Casey, founder of the women's tech start-up Finery. Casey and her partner Brooklyn Decker just closed on a $5 million round of funding. Finery is the world's first automated online operating system for wardrobes. Casey discusses the challenges she faced trying to get male-dominated VC firms to invest in a female-focused tech company.
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
