Your Cheddar Hosts Kristen Scholer and Tim Stenovec explore why college grads may default on their loans, the possibility of the Bitcoin bubble bursting, and more!
On Wednesday over $200 billion was eliminated from the value of the cryptocurrency market. Frank Chaparro, Finance Reporter at Business Insider, joins Your Cheddar to discuss the reason for the recent sell-off and walks us through some of the pros and cons of investing in the digital asset.
Believe it or not, Michelle Schroeder-Garner is on track to make $1 million this year from traveling and blogging. How is that possible? Your Cheddar host Tim Stenovec explores how digital ads and affiliate marketing helps Schroeder-Garner earn more than $100,000 a month.
Plus, according to a recent survey, 61% of Americans said they found investing scary or intimidating. Ryan Ermey, Staff Writer at Kiplinger, joins Your Cheddar to discuss how much extra money you can have when you retire if you start investing in your early twenties.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
