New York City is cracking down on rentals, which could have an impact on booking platforms like AirBNB and Vrbo. Cheddar News senior reporter Michelle Castillo breaks down the city's new guidelines and how it can impact everyone from renters and owners to the host platforms themselves.
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.