Snap Inc. saw shares plummet in after-hours trading after reporting a loss in the latest quarter and forecasting lower first-quarter revenue. Cheddar News breaks it down.
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Applebees, IHOP Parent Dine Brand Adds Fuzzy’s Taco Shop to Portfolio
John Peyton, CEO, of Dine Brands, parent company of IHOP and Applebee's, joined Cheddar News to discuss the company's latest earnings results and venture into fast casual with the acquisition of Fuzzy’s Taco Shop.
Mortgage Demand At Lowest Level In 30 Years
Mortgage demand reached its lowest level in about 30 years, as high borrowing costs kept potential buyers away.
Delta Pilots Agree on New 4-Year Contract With Raises
Delta Air Lines pilots voted in favor of a new four-year contract that will grant them raises.
DNA of Four Former Presidents to Be Launched Into Deep Space
The DNA of four former presidents — and some sci-fi greats — is set to be blasted off into the cosmos as part of the ultimate memorial.
A Look Behind the Current Wedding Boom
There were a record 2.6 million weddings in 2022, which is up from 1.9 million in 2021 and 1.3 million in 2020, according to a report from The Knot, a wedding planning agency.
Cheddar Afternoon News Briefings of March 1st
Cheddar Morning News Briefings
Stocks Slip as Stubborn Inflation Raises Rate Expectations
Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer.
Eli Lilly Slashes Price of Insulin, Caps Monthly Cost at $35
In line with a Biden administration proposal, pharmaceutical giant Eli Lilly is cutting the price of its most commonly prescribed insulins by 70 percent and capping out-of-pocket costs at $35 or less per month.
Demand for Mortgage Applications Falls to 28-Year Low
Demand for mortgage loan applications fell 5.7 percent in the last week of February, according to a survey from the Mortgage Bankers Association (MBA).
