Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
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Consumers Keep Spending Despite High Prices and Wwn Gloomy Outlook. Can it Last?
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls.
FDA Says WanaBana Fruit Puree Pouches May Contain Dangerous Levels of Lead
The U.S. Food and Drug Administration is warning parents and caregivers not to buy or serve certain pureed fruit pouches marketed to toddlers and young children because the food might contain dangerous levels of lead.
How Extreme Weather May Have Affected Pumpkins You Picked for Halloween
Some pumpkin farmers in the West, particularly wholesalers in places like Colorado and New Mexico, are feeling the pinching effects of drought.
GM Reaches Tentative Agreement With UAW, Potentially Ending Six-Week Strike
General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers, three people briefed on the deal said.
Apple Holding Keynote Event on Monday Night
Apple's 8pm ET event Monday will revolve around its iMAC computer lineup of products which are expected to contain its new faster and three next-generation silicon chip.
McDonald's Posts Better-Than-Expected Third-Quarter Profits & Sales
McDonald's reported better-than-expected profit and sales in the third quarter.
Stocks Set to Close Lower for October Ahead of Fed Decision, Key Jobs Data
Major stock indexes are slated to close lower this month as investors brace for the Federal Reserve's rate decision and ahead of new jobs data.
FDA Issues Alert For Some Eye Drop Products
The Food and Drug Administration issued an alert and specifically mentioned 26 eye drop products from a number of brands.
Pharmacy Workers Plan Nationwide Walkout
Workers at a number of pharmacy chains nationwide were planning a walkout Monday and going through Wednesday.
