Google is banning all ads related to cryptocurrency. The update will go into effect across all Google and YouTube platforms starting in June. Facebook enacted a similar policy on cryptocurrency ads earlier this year. Bitcoin and other popular digital currencies fell sharply on the news.
Students across the country are walking out of class today to remember victims of the school shooting in Parkland, Florida. At 10 am local time across different time zones, students are leaving class for 17 minutes, one minute for each person who died in the tragic school shooting. More than 3,000 schools across the country are participating in the protests, calling for action on gun reform. This comes on the one month anniversary of the shooting.
Kai Ryssdal, host and senior editor of Marketplace, stops by to talk about the upcoming 10 year anniversary of the financial crisis. He predicts another financial crisis is on the way, but the verdict is still out on when it will happen. Ryssdal says the big banks are still bigger than ever and Congress has done little to change that. Generally, he believes the economy is in decent shape, even though the markets have been volatile recently.
And we're joined by the co-owner of McClure's, a company that specializes in making pickles. Bob McClure and his brother Joe used their mom's pickle recipe to start a small business almost a decade ago. At first, they rolled out products in Detroit and Brooklyn, but today McClure's pickles can be found in most grocery stores nationwide. In addition to pickles, McClure's also makes chips, sauerkraut, and Bloody Mary mix.
Ed Siddell, CEO and chief investment officer with EGSI Financial, joined Cheddar News to discuss Thursday's positive trading session in what Siddell called "a year of momentum" as investors continue to digest a heavy amount of news that includes monetary policy, inflation concerns, banking fears and some positive economic data.
Rivian is expanding into New York City and launching its first showroom there. Cheddar News took a look at the showroom in NYC that the company is calling "spaces," which is intended to be experiential retail locations to woo new customers.
Rebecca Walser, certified financial planner and wealth strategist, offers tips on how to avoid money mistakes, develop healthy spending habits, and pay off debts.
The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and poultry packaging with new guidance and testing.
If you're looking for food that's good for you and the planet, look no further than the new Isle of Us café and marketplace in the Upper East Side. Cheddar's own Shannon LaNier is on the scene with more.
The price of one kitchen staple is dropping at a historic rate. In May, egg prices had their largest monthly decline in 72 years. Ricky Richardson, CEO of South Carolina-based Eggs Up Grill, joined Cheddar News to discuss the state of play in the egg industry as prices fall while food costs overall are on the rise again. Egg prices are "returning to more normal levels now, we're running down about 40% on a year-over-year basis," he said.
