Winc is the fastest growing U.S. wine company offering more than 100 wines to subscribers of its service. Alyssa Julya Smith sits down with Winc COO and Co-Founder Brian Smith to talk about some of the latest wine trends.
Brian explains that rosé is trending and will continue to be a huge trend in 2018. He says that some of the other interesting trends, include different varieties of wines and combining grapes that are not part of the normal wine list of selection.
Smith also explains that champagne is taking a backseat and many are interested in California sparkling wine as something that is more affordable for everyday consumption. He acknowledges that the millennial generation is open to breaking the rules on tradition and that includes boxed wine as well.
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
