Shares of [cloud provider 8x8](https://www.8x8.com/) are up nearly 40% year-to-date, capitalizing on the rapidly growing $40 billion enterprise communications market. Vik Verma, CEO of 8x8, was with Cheddar to discuss innovations in the industry.
The median retirement savings account balance for Americans aged 65 and over was just $88,000 due to medical expenses, according to a report. Pratik Patel, head of Family Wealth Strategies with BMO Family Office, joined Cheddar News to discuss what's needed to save for a comfortable retirement.
Stocks ticked higher on Wall Street Wednesday as hopes for a resilient economy jousted with worries about inflation following a much stronger reading than expected on U.S. retail sales.
