U.S. markets ended the week in the red as investors are figuring out how the Federal Reserve will act on interest rates moving forward. Cheddar News speaks with Steve Sosnick, chief strategist at Interactive Brokers, who breaks down the markets' action.
Share:
More In Business
JetBlue Plane Tilts Back After Landing at JFK Airport in New York but No Injuries Are Reported
JetBlue officials say a plane rocked back with its nose pointed skyward after landing at New York's John F. Kennedy International Airport because of a shift in weight on the aircraft.
Stocks Plummet After Treasury Yield Moves Above Key Level
Stocks fell after the 10-year Treasury yield moved above 5% with investors concerned following last week's remarks from Fed Chair Jerome Powell.
Chevron to Purchase Hess for $53 Billion
Chevron to Purchase Hess for $53 Billion
Big Business This Week: Rivian Raise, Costco CEO, Nokia Layoffs & More
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we highlight Rivian, Costco, Nokia, Wyndham Hotels & Resorts, Choice Hotels and Rite Aid
Stretching Your Dollar: Explaining the New 'Girl Math' Personal Finance Trend
Tori Dunlap, founder of Her First $100K, joined Cheddar News to explain the new personal finance trend on social media known as 'Girl Math.'
Celebrities Willing to Pay More to End Strike
Celebrities Willing to Pay More to End Strike
Spirit Airlines Cancels Dozens of Flights to Inspect Some of Its Planes. Disruptions Will Last Days
Spirit Airlines canceled about 100 flights on Friday after pulling some planes out of service for inspections, and the airline expects the disruptions to last several days.
CVS Health Pulls Some Cough-and-Cold Treatments With Ingredient Deemed Ineffective by Doctors
CVS Health is pulling from its shelves some cough-and-cold treatments that contain an ingredient that has been deemed ineffective by doctors and researchers.
Stretching Your Dollar: Preparing for Open Enrollment
It's almost that time of year - it's open enrollment season. Nate Black, vice president of health solutions product development with Voya Financial, joined Cheddar News to explain the critical decision-making needed when choosing the best coverage for you and your family.
