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.
Cheddar News looks ahead to Thursday as another day of earnings is slated to hit the markets along with a revised reading of GDP data.
Mortgage demand fell to its lowest level since 1995 as rates climbed.
Electronic truck maker Nikola says it will begin offering advanced driver assistance technology for its trucks next year.
Elon Musk's Starlink reportedly is rolling out new prices based on its capacity to deliver services.
YouTube Music is allowing users to create their own personal radio station.
Ben Straley, founder, and CEO of digital asset platform Thred joined Cheddar News to discuss the company’s operations.
Chinese search giant Baidu's Ernie bot is being compared with ChatGPT and will be integrated into its search experience.
The parent company of stores like TJ Maxx, Homegoods and Marshalls, posted mixed results in its latest quarter, prompting it to slash its outlook for the full year.
A survey says about 20% of Americans have a high-yield savings account. Preston Cherry, founder and president of Concurrent Financial Planning, joined Cheddar News to explain why it's a good time to open an account now.
Amazon Closes On One Medical Deal
