About 45% of American households invest in REITs. Jeremy Pagan, research analyst with Morningstar Inc., joined Cheddar News to explain the pros and cons of investing in REITs.
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Biz Breakdown: WeWork Bankruptcy, Shein Valuation Reports and EV Backup Gas Generator
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
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Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
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WeWork officially has filed for bankruptcy.
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Stocks Mixed After Last Week's Rally
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
Fortnite Maker Accuses Google of Bullying and Bribing to Block Competition to Its Android App Store
Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.
Hilton Grand to Buy Bluegreen Vacations
Hilton Grand said it's in the process of purchasing Bluegreen Vacations in a $1.5 billion deal.
Walt Disney Names PepsiCo Exec. Hugh Johnston as CFO
Walt Disney Co. named former PepsiCo veteran Hugh Johnston as its new chief financial officer.
