Cheddar hosts Kristen Scholer and Tim Stenovec break down the top headlines this Tuesday morning. From Bitcoin to Disney, Cheddar has you covered.
Fans of bitcoin, rejoice. The crypto-currency will soon have futures trading. The Chicago Board Options Exchange announcing on Monday that its planned bitcoin futures product will start trading on December 10th.
Plus, the live sports streaming wars are heating up once again. Facebook will reportedly spend "a few billion dollars" to acquire sports streaming rights.
And it seems like Disney is the frontrunner to buy 21st Century Fox's assets. According to Bloomberg, 21st Century Fox views Disney as a better fit, with fewer regulatory hurdles in the way of a deal. Disney, Comcast, Sony, and Verizon had all expressed interest to buy certain Fox properties.
If you have some older comic books stashed away in your attic, basement or closet, make sure to check their condition as they could be traded for serious cash. Cheddar News' Michelle Castillo at New Yor Comic Con spoke with Chris D'Lando, event manager with NYCC for Reedpop; Andy Mourat, co-founder and president of MetaZoo; and Julian Montoya, senior vice president of The Noble Collection, to get their thoughts.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to explain how investors are bracing for interest rate hikes after last week's inflation report and ahead of the Fed's upcoming meeting. Wellenbach also discussed how traders are taking advantage of volatility as earnings season continues and amid geopolitical conflicts.
One of the most difficult parts of a job search is writing resumes. Cheddar News' docuseries Ready 4 Work explores the pitfalls of that and helps job seekers stand out from all those other applicants.
They are playfully called the “forgotten five”: A handful of toys — the pogo stick, the Fisher-Price Corn Popper, My Little Pony, PEZ dispensers, and Transformers — that regularly approach toybox royalty as finalists for the National Toy Hall of Fame, only to be tossed back on the pile.
Rite Aid’s plan to close more stores as part of its bankruptcy process could hurt access to medicine and care, particularly in some majority Black and Hispanic neighborhoods and in rural areas, experts say.
