The stock market is recovering from a volatile few days, but will the surge last or will we see another downward spiral? After two straight days of decline, the Dow appeared to bounce back. John Petrides, Managing Director and Portfolio Manager at Point View Wealth Management, joins Cheddar to give his opinion on what's really going on in the stock market. He also shares his advice for millennials looking to make the most out of their investments.
We fact-check President Trump's State of the Union address with Jon Greenberg from Politifact. Greenberg talks about President Trump's comments on the visa lottery program, African American unemployment, and the administration's fight against ISIS. By Politifact's standards, Greenberg says President Trump did worse overall than President Obama has in years past.
The war between AMC Theaters and MoviePass is heating up. The subscription movie service recently removed 10 AMC theaters from its app. O'Connell says it's a bold move considering the app needs theaters to thrive. AMC knows MoviePass's model is beneficial to theaters but is worried about what will happen if the app eventually fails.
Plus, it's our weekly Your Cheddar show, bringing you the best financial tips. We'll discuss how to make money from blogging and analyze the difference between men and women when it comes to investment habits.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.
Hilton Grand said it's in the process of purchasing Bluegreen Vacations in a $1.5 billion deal.
Walt Disney Co. named former PepsiCo veteran Hugh Johnston as its new chief financial officer.
The PlayStation 5 Slim will be reportedly released on Friday.
