Tesla wasn't the only carmaker to steal headlines in 2017. The Drive's Alex Roy joins us with a look at the year's best cars, and provides a sneak peak at what's to come next year. He discusses why, in his opinion, Tesla's Model 3 was the most important car of the year.
Despite the bad press, Roy says the Model 3 is the future of the auto industry. It's inspiring a wave of imitators trying to borrow from Tesla's success. The editor-at-large points to Jaguar's new electric model as one of the most promising potential "Tesla killers."
He also reveals why many are beginning to consider station wagons sexy. Roy discusses strong mid-size outings from both Porsche and Volvo. Finally, we consider the one car company making the most strides in the race towards autonomous driving.
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.
