Sprint just announced the world's first connected payment card at CES. Sprint's Ivo Rook joins Cheddar to tells us about the future of payments, and the company's recent advancements in the space. Rook is the first to hold the newly-created position and reveals his priorities for 2018 and beyond.
Sprint and Dynamics unveiled Wallet Card at the Las Vegas electronics expo. He explains what's possible, thanks to the new tech that connected payment option. The card can switch from a credit card to a debit card and back again in addition to storing personal information.
Finally, Rook breaks down his predictions for the future of IOT. He also showcases Sprint's advancements in the space and what it has that other competitors do not. He details how the company plans on leveraging its relationship with SoftBank to expand its IOT initiatives.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
Taylor Swift grossed nearly $2 billion this year, according to Billboard.
A study from US News and World Report has found the most affordable place to retire is in Ohio.
Millions of households could see higher internet costs next year as the affordable connectivity program could end.
