Illinois state legislators are crafting legislation to help the state welcome innovation in cryptocurrency. Illinois state Rep. Michael Zalewski (D) explains the market opportunity he sees in this space.
"It has the chance to make government a little more efficient and user friendly," said Zalewski about the power of blockchain technology. "It's appealing to us because it allows us to hold information in an individualized way."
Zalewski says its important as lawmakers to foster growth in this booming industry. Chicago, Illinois is home to the first Bitcoin futures contracts CBOE and CME.
James Demmert, founder and chief investment officer of Main Street Research, joined Cheddar News to discuss market trends as investors digest mixed trading sessions with debt ceiling talks stalling.
This year's upfront presentations to advertisers happened against the backdrop of a massive writers' strike. Cheddar News broke down the big takeaways from how networks proceeded with their events and what upcoming TV and streaming shows were presented.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
With Americans' credit card debt mounting, Ted Rossman, senior analyst for Bankrate.com, stopped by the Cheddar News studio to offer some tips on how to pay down debt.
Google, Twitter, Facebook and other tech companies fueled by social media have dodged a legal threat that could have blown a huge hole in their business models.
