Consumer Archives

Retail sales surged in March

April 15, 2021 7:07 AM CNN

Retail sales surged in March as federal stimulus checks bolstered wallets and the rollout of Covid-19 vaccines boosted spending at stores. The…

McDonald’s to train workers to combat harassment

April 15, 2021 7:28 AM CNN, Cole Johnson

The fast food giant, McDonald’s said in a statement on Wednesday that it is planning anti-harassment training for all 39,000…

Coinbase’s stunning Wall Street debut is a huge validation for crypto fans

April 15, 2021 4:54 AM CNN

Cryptocurrency backers have spent years insisting that bitcoin, ethereum and other digital coins could revolutionize the world of finance. Finally,…

CDC vaccine advisers put off decision on Johnson & Johnson Covid-19 vaccine

April 14, 2021 8:25 PM CNN

Vaccine advisers to the US Centers for Disease Control and Prevention put off making any decision on Wednesday about the recommendations for Johnson…

Bernie Madoff, infamous Ponzi schemer, has died

April 14, 2021 5:00 PM CNN

Bernard Madoff, whose name became synonymous with financial fraud, died while serving a 150-year sentence in Federal Prison. He was 82 years old. His…

Coinbase goes public with a nearly $100 billion valuation

April 14, 2021 1:11 PM CNN

Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage…

Coinbase goes public with a $100 billion valuation — and it’s probably heading higher

April 14, 2021 10:43 AM CNN

Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage…

Coinbase set to go public with a $90 billion valuation — and it’s probably heading higher

April 14, 2021 7:58 AM CNN

Cryptocurrency exchange Coinbase Global is set to go public Wednesday at a valuation north of $90 billion, as the company takes advantage of surging…

Coinbase is worth $65 billion — and it’s probably heading higher

April 14, 2021 7:16 AM CNN

Cryptocurrency exchange Coinbase Global is set to go public Wednesday at a valuation of a whopping $65 billion, as the company takes advantage of…

White Claw adds an extra kick this spring

April 14, 2021 7:57 AM CNN, Cole Johnson

White Claw has a new drink with a kick called “Surge” which is available in 16 oz cans with 8% alcohol per volume.…

Practically everything is getting more expensive in America

April 14, 2021 5:27 AM CNN

Wall Street has been a bundle of nerves about potential spikes in inflation since Democrats passed $1.9 trillion in economic stimulus last month. And…

Egypt impounds Ever Given ship over $900 million Suez Canal compensation bill

April 14, 2021 2:26 AM CNN

Egyptian authorities have seized a massive cargo ship which blocked the Suez Canal for almost a week last month, amid a dispute over financial…

Grab is going public in $40 billion SPAC deal, the biggest on record

April 13, 2021 9:32 PM CNN

Southeast Asia’s ride-hailing giant Grab is setting the stage for an eye-popping Wall Street debut. The Singapore-based startup announced…

Egypt impounds Ever Given ship over $900m Suez Canal compensation bill

April 13, 2021 2:41 PM CNN

Egyptian authorities have seized a massive cargo ship which blocked the Suez Canal for almost a week last month, amid a dispute over financial…

White Claw’s latest hard seltzer is even boozier

April 13, 2021 1:26 PM CNN Newsource

White Claw’s newest product is even boozier than the…

Americans are finally buying less toilet paper and wipes

April 13, 2021 1:17 PM CNN Newsource

One encouraging sign that the pandemic-time panic among consumers is abating: Americans are no longer hoarding toilet paper, kitchen towels and…

Stimulus-enhanced child tax credits should start flowing in July, IRS chief says

April 13, 2021 11:46 AM CNN Newsource

The Internal Revenue Service is on track to start sending stimulus-enhanced child tax credits to millions of families in July, the agency’s head said…