South Korea Taking Steps to Ban Bitcoin

A big glitch in cryptocurrency is impacting some shoppers online. Last week, a bank security firm uncovered Overstock.com unknowingly accepted Bitcoin Cash instead of Bitcoin as payment for a product. The glitch has since been fixed. Overstock.com CEO Patrick Byne responds to this mix-up. South Korea taking steps to ban Bitcoin. The news shining a light on regulation of cryptocurrency, and ways government can and would step in. InfoTech's President and CEO Matti Kon explains potential dangers of the cryptocurrency space. John Detrixhe, future of finance reporter at Quartz weighs in on all the latest headlines.

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Cheddar Morning News Briefings of May 25th

Cheddar Morning News Briefings

Stretching Your Dollar: What to Consider Before Buying a Car

Karl Brauer, executive analyst with Iseecars.com, joined Cheddar News to discuss what to consider if you're in the market for a new or used vehicle.

Mortgage Demands Drop as Rates Soar

New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.

Nvidia Offers Strong Outlook on A.I. Chip Demand

Nvidia posted strong quarterly results, citing strong demand and plans to significantly increase supply.

Fed Minutes Flag 'Uncertainty' on Future Rate Hikes

Minutes from a recent Federal Reserve meeting showed that members "expressed uncertainty about how much more policy tightening may be appropriate."

Microsoft: China-Sponsored Hackers Hit U.S. Systems

Microsoft said it detected malicious hacking activity against critical U.S. infrastructure by a Chinese state-sponsored group.

The Day Ahead: Earnings, Key Economic Data, National Wine Day

Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.

Iconic Movie Props Up for Auction

Over 1,400 props from classic movies like Star Wars, Shawshank Redemption and Gladiator will be up for auction next month in what experts say will be one of the largest memorabilia auctions in the world.

U.S. Consumer Complaints Report Released

The Consumer Federation of America released its annual list of top complaints filed with consumer agencies across the country.

Google Using A.I. For YouTube Shorts

Google is using new artificial intelligence models to generate descriptions for YoutTube shorts.

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