Breaking Down What Bed Bath & Beyond's Bankruptcy Means for Consumers
Michael Felice, associate partner at Kearney, joined Cheddar News to talk about Bed, Bath & Beyond's bankruptcy filing and the implications it will not only have the business but what it means for consumers. "But for consumers, I wouldn't really throw away those gift cards or coupons yet. There's still likelihood that those gift cards still will work for an extended period of time," he said.
Elon Musk announced two new subscription tiers for people who want the premium experience. This, as some users in some countries may have to pay a very small fee to access the platform for more. Cheddar News' senior reporter Michelle Castillo explains.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
