Paramount Global is exploring the sale of BET Media Group and VH1, according to The Wall Street Journal, as it focuses on its streaming platform.
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Thomas Flohr
Vista becomes the world's largest private jet charter company.
Demand For Electric Vehicles Is Rising, But Can Automakers Keep Up?
Gas prices are driving up demand for electric vehicles, but many potential buyers are having trouble finding them. Thanks to a perfect storm of consumer demand and supply issues, EVs and hybrids are becoming increasingly hard to come by. Jesse Toprak, Chief Analyst for Autonomy, breaks down the factors contributing to this EV crunch.
Demand For Experiences, Like Broadway, Is Surging Despite Record Inflation
Tickets for the hottest Broadway shows are now more expensive than they were even before the pandemic. According to data from the Broadway League, about half of the current productions are grossing more than $1 million a week. Just before Covid shut down the Great White Way, only a third of shows were making that much. But despite the hefty price tags, demand is strong. Ed Butowsky, Chapwood Investments Managing Partner, explains why Americans are still willing to splurge on these experiences, even as prices continue to rise.
Markets Open Higher Despite Weaker Than Expected March Jobs Report
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
Markets Reverse Trend Following the Feds Move on Interest Rates
David Spika, President & CIO of GuideStone Capital Management, talks about the Fed's approach to tacking inflation and discusses the ripple effect oil is having on the U.S. companies.
Need2Know: Mariupol Ceasefire, Lawsuit Over 'Don't Say Gay' & Passport Gender
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
Cheddar Afternoon Google News Briefings of April 1st
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Stocks Edged Higher, Treasury Yields Soar After Jobs Data
Stock indexes ended a bumpy day higher on Wall Street Friday while Treasury yields soared, after a healthy report on the U.S. job market strengthened expectations for coming interest rate hikes
