Hollywood Writers Begin Negotiations With Alliance of Motion Picture and Television Producers
The Writer's Guild of America is set to begin negotiations with the Alliance of Motion Picture and Television Producers. Among items expected to be hammered out: watch per stream rates and the use of artificial intelligence in screen writing. Cheddar News senior reporter Michelle Castillo talked about what is expected to come out of day one of negotiations.
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
