The NFL Taps Pizza Hut as its New Official Pizza Sponsor
Pizza Hut is the new official pizza sponsor of the NFL. The chain's Social Impact Manager, Natasha Collins, joins Cheddar to discuss how the new partnership will expand the company's social responsibility efforts. She explains how the league's massive fan base will provide a larger audience for Pizza Hut's charitable initiatives.
The company is launching its 2018 The Literacy Project. It's goal is to increase access to books and educational resources for kids in need. Collins explains how low literacy costs the US economy more than $225 billion every year.
As part of the project, Pizza Hut is offering a unique travel experience, allowing customers to experience their favorite books in real life. The company will turn one lucky reader's favorite book to life in a brand new sweepstakes. Collins reveals why the issue of literacy is so important to Pizza Hut's mission.
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.