Scott Belsky, who sold his company to Adobe and is now its chief product officer, described how the maker of creative software transitioned into a cloud-based business model. The stock has outpaced the broader market over the last several years. Belsky also serves on Cheddar's board of directors.
For full interview [click here](https://cheddar.com/videos/fighting-through-the-messy-middle).
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.
