The bed-in-a-box industry is changing the way people shop for mattresses. Consumer Reports' Mary Beth Quirk joins Cheddar to discuss the non-profit's cover story about the evolving state of the mattress industry. Despite getting all the headlines, bed-in-a-box brands still only account for a small fraction of the market.
Quirk tells us why the phenomenon stills feels like a novelty for most shoppers, despite being around for a few years. She also explains the challenge they pose to Consumer Reports' "try before you buy" policy. Helpful return policies make the practice a viable one for beds ordered online.
The online consumer editor speaks to which types of mattresses get the highest marks when it comes to quality. She also tells us whether the showroom model is working out for digital retailers. Quirk considers whether the bed-in-a-box industry is a bubble primed to pop, with almost 200 brands and counting.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
