Tanya Ghahremani, associate lifestyle editor for Bustle, takes a look at just how much money skaters and their families shell out in pursuit of an almost impossible dream. The Winter Olympics are now underway in PyeongChang, South Korea.
Ghahremani explains that even for a low-level skater, the annual cost can rise up to $30,000. Skate boots, costumes, training, and more, all add up.
Ghahremani also touches on the controversy surrounding the U.S. flag bearer for the opening ceremony. The team selected luger Erin Hamlin, but speed skater Shani Davis tweeted his displeasure with the decision, saying he'll wait for 2022.
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.
