Snap is planning to release new versions of its hugely unpopular Spectacles. Cheddar senior reporter Alex Heath joins us to share the details on the company's plan for the new smart glasses. Snap will release a second version of its Spectacles this fall and is aiming to release a third version sometime thereafter. The second version will include performance improvements and the third will have increased camera technology. Snap had to take a $40 million loss on its first version of Spectacles due to lack of interest.
The Weinstein Co. lives to fight another day after a last-minute deal emerged Thursday night. An investor group will buy the Weinstein Co. in a deal worth $50 million. Maria Contreras-Sweet, President Obama's former Small Business Administration head, is leading the negotiations. In a statement, she said she looks forward to launching a "new company, with a new board and a new vision." This comes days after the Weinstein Co. filed for bankruptcy.
It's the day after Halloween which means great deals on candy and Halloween decor.
Chipotle will be raising prices at locations in California next year to offset higher labor costs.
Prices for wholesale orange juice rose to the highest point on Tuesday due to low inventory and harvesting issues in the U.S.
Costs for health care are expected to rise in 2024 due to the impact of inflation on insurance policies.
A jury in Illinois has ordered Chicago-based Conagra Brands to pay $7.1 million to a Pennsylvania woman who was badly injured in 2017 when a can of commercial brand cooking spray ignited in a kitchen at her workplace and set her aflame.
Most Americans are in the middle-income brackets, but they aren't leveraging higher interest rates for savings, according to a new survey.
Job openings rose to 9.6 million in September while the private sector added 113,000 new jobs in October.
The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.
As the holiday season nears and with families making plans for Thanksgiving at the end of the month, concerns about high food prices linger. Dr. Michael Swanson, chief agricultural economist with Wells Fargo Agri-Food Institute, joined Cheddar News to provide tips on what to expect when shopping for those large family meals.
Can money really buy happiness? Grant Gallagher, associate vice president and head of financial well-being with Affinity Federal Credit Union, joined Cheddar News to explain which steps to take for financial security and safety.
