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.
Stocks closed higher on Wall Street as earnings reporting season got underway and CEOs began to show how well or poorly they’re navigating high inflation and a slowing economy.
Here is a rundown of Cheddar News' top market stories of the day.
Warner Bros. Discovery said it's raising the monthly fee of HBO Max to $16 from $15.
Cassette sales shot up nearly 30% in 2022, with Guardians of the Galaxy Vol 2. soundtrack as the top sale.
Barbara A. Friedberg, CEO at Wealth Media joined Cheddar News to discuss I-bonds, which are issued by the government, and how yields are adjusted.
Walmart is partnering with Salesforce to sell delivery technology to retailers.
Home Depot is changing its hourly pay policy after several pay-related lawsuits.
Subway could be gearing up for a sale that could value the company at $10 billion, according to reports.
Greg McBride, chief financial analyst at Bankrate.com, joined Cheddar News to discuss inflation trends. “I think with strong confidence that peak inflation is behind us, the trend is definitely one towards continued improvement but we've got a long way to go,” he said.
