The Walt Disney company is set flood its theme park properties with funds for expansion. In the company's most recent earnings call, Disney parks performed better than anticipated and now the house of mouse wants to continuing building. Cheddar News senior reporter Michelle Castillo has details in the pending $60 billion investment.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.