Stretching Your Dollar: How A Government Shutdown Could Impact Your Finances
A looming government shutdown could have an impact on the finances of everyday workers. Federal worker, in particular, could face furloughs and stoppage of pay, while the everyday American is likely to be less impacted. Andy Smith, executive director of financial planning at Edelman Financial Engines, joined 'Stretching Your Dollar' to tell viewers what they should expect in the coming weeks if the government is unable to avert the shutdown.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
The Centers for Disease Control and Prevention published an official health advisory warning healthcare providers to keep a lookout for children with possible lead poisoning from certain applesauce products.