After years of flirting with the idea, retailer Bed Bath & Beyond has finally filed for bankruptcy. The chain has over 360 locations and 120 Buy Buy Baby stores that it plans to keep open for now — but there are ramifications for shoppers. Cheddar News senior reporter Chloe Aiello breaks down the fallout including whether or not customers will be able to use coupons and gift cards.
Portillo’s CEO Michael Osanloo discusses the company’s decades of profitability, opening restaurants in new markets, and why it doesn’t need trends like dynamic pricing.
Adam Turnquist, Chief Technical Strategist for LPL Financial, weighs in on the latest CPI data, what could get the Fed to lower borrowing costs, and the crypto rally.
Mark Hamrick, senior economic analyst at Bankrate, breaks down the current housing market and why he’s expecting affordability will get better as the year goes on.