Prince Harry's interview with Barack Obama aired on the BBC's Radio 4 on Wednesday. The royal sat down with the former president to discuss social media's effect on society. While Obama did credit social media to part of his political success, he acknowledged a bubble phemonenon, saying one of the dangers of the internet is that people can have entirely different realities.
What do you get the Kardashian who has everything? Stock - and lots of it. Kanye West gave his wife Kim Kardashian hundreds of thousands of dollars worth of stocks for Christmas. including Amazon, Apple, Netflix, Disney, and Adidas.
Americans are expected to send back approximately $90 billion dollars worth of goods, according to reports from Optoro, a firm that tracks the business of return shipments. The firm notes that January is peak time for all returns, but 40 percent of holiday returns happen immediately after Christmas, between December 26th and 31st.
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to discuss the market ahead of the Federal Reserve's meeting on Wednesday and as investors digest JPMorgan's takeover of First Republic Bank, which was recently seized by regulators. A slew of earnings are also slated to be released this week as well.
The saga of Adidas' high-profile break-up with Ye, formerly known as Kanye West, continues. Investors have filed a class action lawsuit alleging that executives were aware of Ye's behavioral issues well before Adidas ended its relationship with him last October.
The top financial concern for Americans in 2023 is inflation. Sudha Chandrasekharan, SVP, of Global E-Commerce at Auctane, joins Cheddar News to discuss how this outlook will change consumer spending habits, and why e-commerce is playing a vital role in the economy.
Charlie Munger, vice chairman of Berkshire Hathaway, told the Financial Times that the U.S. commercial property market is in trouble. “It’s not nearly as bad as it was in 2008,” he said. “But trouble happens to banking just like trouble happens everywhere else.”
Labor strife is coming to a head in the entertainment industry, as the Writers Guild of America (WGA) said it's prepared to strike at midnight Tuesday if it doesn't come to terms with the Alliance of Motion Picture and Television Producers (AMPTP).
