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.
Summer camps across the country will open this month, but parents may experience some sticker shock. With the cost of goods and services rising, so is the price of camp. Cheddar’s Ashley Mastronardi spoke to experts who shed some light on how this will affect your wallet.
Living in New York City, working full time and without a car, Jessica Ray and her husband have come to rely on deliveries of food and just about everything else for their home. It has meant more free time on weekends with their young son, rather than standing in line for toilet paper or dragging heavy bags of dog food back to their apartment.
Cheddar News checks in to see what to look out for on The Day Ahead as Campbell Soup and Vera Bradley are due to report earnings while economic data, including the April trade deficit and consumer credit, are slated to be released. And Wednesday is World Food Safety Day.
Financial services company Marqeta released its fourth annual state of payments report which reveals how widely Americans have adopted new technology like mobile banking and wallets. Marqeta CEO Simon Khalaf joined Cheddar News to discuss how common digital payments have become.
Katherine Rooney Vera, chief market strategist with StoneX, joined Cheddar News to discuss what investors should expect as the S&P closed near a nine-month high with volatility levels at their lowest level in over three years.