Your Cheddar hosts Kristen Scholer and Tim Stenovec recap the day's biggest news stories.
The Federal Reserve will wrap up its two-day policy meeting Wednesday afternoon. The central bank is likely to raise short-term interest rates by a quarter percentage point. This would be the 5th such increase since the Fed began raising rates from near zero two years ago.
Plus, as more investors rushed to buy Bitcoin this week, two top U.S. regulators reiterated their warnings about the potential risks associated with investing in cryptocurrencies. Both the SEC and the Commodity Futures Trading Commission issuing a similar message: buyer beware.
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
Nvidia smashes earnings with record-breaking revenue and soaring Blackwell demand as shares slip this morning, Barron’s senior writer Adam Levine unpacks it all
Jeff Wagoner, CEO of Outrigger Hospitality Group, discusses the company’s coral preservation initiatives and sustainable practices at their hotels and resorts.
Dena Jalbert, Head of M&A at Align Advisory, discusses the state of mergers and acquisitions in 2025 and beyond, highlighting key trends and opportunities.
