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Fed Raises Interest Rates, Signals Two More Hikes This Year
The Federal Reserve raised interest rates by 0.25 percent and hinted at an accelerated timeline for rate hikes this year, given that U.S. economic activity "has been rising at a solid rate." Cheddar's Hope King and Tim Stenovec break...
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Fed Signals Two More Rate Hikes This Year
The Federal Reserve raised interest rates for the second time in 2018 and hinted at an accelerated timeline for further increases, because U.S. economic activity "has been rising at a solid rate." Cheddar's Hope King and Tim Stenovec...
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Eurozone under pressure as Italy's political turmoil spooks markets
Italy's topsy-turvey politics are having an effect on the markets, with pressure on the euro generally, sinking it to an 11-month low, and Italian bonds and share prices in particular, although all major European markets are down. "The...
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U.S. Added 223,000 Jobs in May, Beating Estimates
The U.S. economy added 223,000 jobs in May, roaring past estimates of 190,000 jobs, according to the official Labor Department jobs report. Unemployment fell to 3.8 percent, the lowest level in almost two decades. President Trump broke...
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Trump Tips His Hand Ahead of Jobs Report
The U.S. economy added 223,000 jobs in May, well above estimates of 190,000. The unemployment rate fell to 3.8 percent, the lowest level in almost two decades. President Trump broke from protocol and hinted at a positive jobs report from...
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Markets Rally as U.S.-China Trade War Cools
The Dow crossed 25,000 points on Monday for the first time in two months and the S&P 500 and NASDAQ were also up as two of the world's largest economies backed away from a full-blown trade war.
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Stock markets react to Italy governement
As agreements to form a new government in Italy take shape, a row has already begun with Brussels. Earlier, the leader of the European People's Party, Manfred Weber, said the 5-Star Movement and the League are taking huge risks with the...
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'Cluster culture' in Lapland
One of the big challenges facing entrepreneurs is to improve their credibility and to build trust. 'Business Planet' reporter Serge Rombi travelled to Lapland, where 'cluster culture' is helping to achieve those goals. But what is a...
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Building trust with business clusters: the Lapland example
One of the big challenges facing entrepreneurs is to improve their credibility and to build trust. 'Business Planet' reporter Serge Rombi travelled to Lapland, where 'cluster culture' is helping to achieve those goals. But what is a...
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Jet.com Wants Shopping to Be an Experience
E-commerce today functions to achieve an end with speed and convenience. Jet.com wants to change that. "We really want to bring back the positive emotion that came with shopping all along," says David Echegoyen, the online retailer's...
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What Trump's Decision on the Iran Nuclear Deal Means for Your Wallet
President Trump's announcement that the U.S. is abandoning the Iran deal will lead to volatility in oil prices, says Patrick DeHaan, the head of petroleum analysis at GasBuddy. "The more fiery the response from President Trump, the more...
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DocuSign CEO: IPO Has Been "Rewarding"
Shares of the electronic signature company surged around 37 percent after its market debut Friday. CEO Dan Springer told Cheddar the company has all of the components to be "a rock solid public company."
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DocuSign CEO: IPO Has Been 'Rewarding'
Shares of the electronic signature company surged around 37 percent in its market debut Friday. CEO Dan Springer told Cheddar the company has all of the components to be "a rock solid public company."
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Booking.com Is An AirBnB Competitor, But Don't Call it A Clone
The platform recently surpassed five million homes and apartments listings with plans to keep growing that space, says CEO, Gillian Tans.
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Booking.com Takes on Airbnb, But Don't Call it a Clone
The platform recently surpassed five million home and apartment listings with plans to keep growing that space, says Gillian Tans, CEO of the unit.
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British pound hits post-Brexit referendum high
On Tuesday the pound hit its highest level since the Brexit referendum in June 2016 at above $1.43. The rise in value is believed to be due to an interest rate hike expected to be announced by the Bank of England for May. The central...
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Turbulence expected
Sabrina Bond of the Conference Board of Canada sees a rougher ride ahead for Canada's airline industry
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Strong Earnings Couldn't Save Markets From Meltdown
The Dow Jones closed down 420 points Tuesday and the NASDAQ was down more than 120 points despite a strong earnings season. It could all come down to "fears of bad trade policy," says Art Hogan, chief market strategist for B. Riley FBR.
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How a Trade War Could Indirectly Impact Employment in the U.S.
The trade war rhetoric "runs the risk of overplaying [Trump's] hand" at negotiations, says Clayton Allen, Vice President, Special Situations at Height Capital Market. That could, in the long run, come back and hurt employment rates in...
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Why it's a "Stretch" for Tesla to Turn a Profit This Year
Elon Musk, CEO of the electric car maker, tweeted that Tesla would be profitable and cash flow positive by the end of the year. Though many investors rejoiced, Gene Munster, Managing Partner at Loup Ventures, thinks it will take Tesla...
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Why Are Markets Falling Again? Let Me Count The Ways
Last month, markets were down, then up again, and now they're down again. Much of Monday's losses were driven by news of China's retaliatory tariffs on U.S. products, says Matthew Battipaglia, Portfolio Manager at Washington Crossing...
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Will Spotify Inspire Other Companies to Choose a Direct Listing?
There are "some unique factors" that went into Spotify's decision to choose a direct listing and not all companies will have the same needs, says Stacey Cunningham, COO at the New York Stock Exchange. Spotify started trading on the...
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This Early Spotify Investor is Happy Share Prices Haven't Exploded
If the shares had surged too high, "it would be hard [for Spotify] to sort of grow into that valuation over time," says Pär-Jörgen Pärson, Partner at Northzone, who has been a Spotify investor since the late 1990s.
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This Early Spotify Investor Isn't Concerned Shares Have Pulled Back
If the stock had surged too high, "it would be hard to grow into that valuation over time," says Pär-Jörgen Pärson, partner at European venture capital firm Northzone, a Spotify investor since 2008.