Amazon acquired and then killed off wine selling website Wine.Woot. Now, the founder of Woot and co-founder of Wine.Woot are back with a new wine startup. Casemates connects wine lovers with wineries around the country.
Casemates is creating a community of online wine lovers. Their platform offers special deals with curated wines.
Casemates launched on Monday. Each week different wines will be featured and available to fans across the country.
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.