From blockchain to Amazon's dominance, look for last year's biggest business stories to carry into 2018. Fast Company's Noah Robischon joins Cheddar to preview the trends to watch for in the new year. He explains why the technology behind the rise of cryptocurrency is poised for even more headlines this year.
Next, we discuss how retail will continue to fight for its life given the Amazon threat. Robischon says "the cool factor" is one area where traditional retail has an edge over the e-commerce giant. The executive editor also explains why pop-up stores and showrooms are gaining in popularity.
Finally, we breakdown Amazon's year ahead. Robischon says Jeff Bezos is likely to be even more aggressive with his company's move into the pharmaceutical space. The executive editor also says whether he agrees with Gene Munster's prediction that Amazon will acquire Target in 2018.
Facebook owner Meta on Wednesday cut positions across its business and operations teams in the final round of layoffs that were first announced in March.
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate.
Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.
