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.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
