Outdoor dining sheds are still being built in major cities such as Philadelphia, Dallas, and New York more than three years after the start of the pandemic. This has left some wondering when, if ever, they'll be taken down. Cheddar News field reporter Ashely Mastronardi explores what's next for these pandemic-era relics and whether they have a post-pandemic future.
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.