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.
NYC's mayoral race heats up with a socialist candidate aiming to make the city affordable—and rattling the financial sector. Plus: Coinbase's prospects.
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.
