Your Cheddar hosts Kristen Scholer and Jon Steinberg debut Cheddar's new set! Plus, they round up the day's top stories, starting with the Senate passing the tax reform bill. And Stitch Fix beats earnings estimates but still plummets before the open.
The Senate's tax bill would be the country's largest tax overhaul since 1986 and would cut the corporate tax rate more than any single bill has before.
Plus, Stitch Fix isn't doing so well, despite beating expectations for its first earnings report. the company's shares went into a tailspin on Wednesday, dropping more than 11% and putting a dent in its run-up since its November IPO.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
The return of ‘meme stocks’ don’t mean it’s time to panic about the stock market. If you want something to worry about… look no further than inflation.
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