Starbucks is launching a new cold brew line in stores
Starbucks wants you to buy more of its coffee at the grocery store. So it’s offering up something more on-trend than the bottled Frappucinos of…
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The US added 379,000 jobs in February, signaling the recovery is finally gaining steam
The US economy added 379,000 jobs last month, far more than economists had expected, signaling the labor market recovery is finally gaining steam.…
Continue Reading Americans’ wages have gone up, but the news is not all good
The average paycheck for American workers has gotten bigger during the pandemic. Ordinarily that would be cause to jump for joy. But the reason for…
Continue Reading America’s unemployment problem is much worse than it seems
The national unemployment rate is masking how much some groups are still struggling in the pandemic economy. That’s why the Federal Reserve…
Continue Reading One year into the pandemic, America is still down nearly 10 million jobs
The American job market is nowhere near fixed. Nearly one year into the pandemic, the nation is still down nearly 10 million jobs. Another 745,000…
Continue Reading GameStop shares surge more than 100%
GameStop shares climbed rapidly and were halted twice for volatility ahead of the closing bell Wednesday. The gaming retailer’s stock was…
Continue Reading Michael Bolton wants you to break up with Robinhood. Yes, that Michael Bolton
Michael Bolton wants you to dump Robinhood. In the strangest twist yet in the already bizarre Robinhood saga, Bolton is singing about payment for…
Continue Reading The US economy was stronger than we thought last quarter. But it still wasn’t strong enough
The US economy fared ever so slightly better in the fourth quarter of 2020 than initially thought. The nation’s gross domestic product grew at…
Continue Reading American consumer spending jumped in January thanks to stimulus checks
US consumer spending jumped at its quickest pace since June as stimulus checks put more cash into Americans’ wallets. Incomes rose 10% in…
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Scaramucci finds ‘great irony’ in Republicans opposing Biden’s rescue plan
Anthony Scaramucci is dumbfounded by the universal opposition among Republicans in Congress to President Joe Biden’s $1.9 trillion America…
Continue Reading Speedy vaccines are boosting King Dollar
Heading into 2021, most of Wall Street was in agreement: the US dollar, which spiked a year ago as Covid-19 sent markets into a tailspin, was poised…
Continue Reading Media freedom fight threatens to escalate UK-China tensions
Beijing has summoned Britain’s ambassador to China over an article she wrote on press freedom, escalating a bitter row between the two…
Continue Reading Piers Morgan leaving ‘Good Morning Britain’ after storming off set over his attacks on Meghan
Piers Morgan, who prompted a backlash and an investigation from the United Kingdom’s media regulator over his comments about Meghan, Duchess of…
Continue Reading Clorox wipes are back, but you’ll have to leave home to find them
Clorox got a huge boost from worried consumers continually wiping down surfaces at home during the height of the pandemic. But now that more people…
Continue Reading Roger Mudd, longtime TV journalist, dies at 93
Television journalist Roger Mudd, who was once Walter Cronkite’s primary substitute at CBS, died Tuesday at his home in Fairfax County,…
Continue Reading Longtime TV journalist Roger Mudd dies at 93
Television journalist Roger Mudd, who was once Walter Cronkite’s primary substitute at CBS, died Tuesday at his home in Fairfax County,…
Continue Reading Disney+ reaches a major milestone
Disney+, the focal point of Disney‘s media empire, has achieved a significant milestone. The streaming service has surpassed 100 million global…
Continue Reading Costco is running out of some cheese. The reason why is complicated
On your next trip to Costco, don’t be surprised if you can’t find your favorite cheese. Costco is having trouble stocking imported…
Continue Reading Swizz Beatz and Timbaland sell hit streaming platform Verzuz to Triller
Hip-hop producers Swizz Beatz and Timbaland have sold their popular Verzuz livestream platform to the Triller Network. The companies didn’t…
Continue Reading Tesla and tech stocks surge, giving Wall Street whiplash
Investors can’t seem to make up their minds about whether to buy or sell tech stocks. A day after dragging the Nasdaq Composite into correction…
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