Patrik Hellstrand, CEO of Oath Pizza, discusses the company's rise to popularity in the Boston area, and how the company's ethically-sourced ingredients have led to its popularity in today's social and health-conscious environment.
Hellstrand notes that sustainability is the core to what the company does. Oath is the first pizza company to be certified humane, and uses all locally and ethically-sourced ingredients. He says the company's fresh breads are seared in avocado oil, which makes the pizza "guilt-free," and different from its competitors.
The company will soon launch a location in Washington D.C., and another in New York City in 2018.
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
