What New Pet Owners Can Expect to Spend on Their Animal Over a Lifetime
A new dog owner can expect to spend more than $14,000 over the course of their pet's life ー and that's just for routine care. Kelsey Sheehy, a staff writer for NerdWallet, broke down the high cost of owning a pet in an interview on Cheddar Wednesday.
For full interview [click here](https://cheddar.com/videos/the-puggle-is-real-how-much-is-costs-to-own-a-dog).
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.