Cheese Stockpile in America Reaches All-Time High

Cheese Stockpile in America Reaches All-Time High

The U.S. has accumulated its largest cheese stockpile in the past 100 years since regulators starting keeping tracks. This is the result of strong domestic milk production and the waning interest of consumers in the dairy drink. The... 
Supreme Court Rules in Favor of American Express

Supreme Court Rules in Favor of American Express

Shares of American Express increased by 2.2% following the ruling by the Supreme Court over its credit card fee lawsuit The ruling by the Supreme Court was 5 to 4 and said that Amex rules related to its services for its merchants do... 
Tinder Parent Buys Controlling Interest in Hinge

Tinder Parent Buys Controlling Interest in Hinge

Match Group, which owns several dating sites and apps, now has a stake of 51% in Hinge the dating app that focus on millennials and long-term dating. Match has an option to purchase the remaining Hinge shares within the next 12 months.... 
Google Has Put Bet of $550 Million on JD.Com

Google Has Put Bet of $550 Million on JD.Com

On Monday, Google said it would invest $550 million in the second largest e-commerce company in China JD.com. As part of its strategic partnership with the company, Google will invest the cash into the e-commerce platform, said the... 
Pre-Cut Salmonella-Linked Melon Found in Nine States

Pre-Cut Salmonella-Linked Melon Found in Nine States

Iowa has been added by federal health officials to their list of U.S. states where pre-cut melon linked to Salmonella infections that caused 60 people to fall ill, of which over 50% needed to be hospitalized. The U.S. Centers for Disease... 
Seattle Ready to Repeal Taxes on Larger Employers

Seattle Ready to Repeal Taxes on Larger Employers

Due to a great deal of pressure from homeowners and businesses, the City Council of Seattle is ready to repeal a tax levied on large employers such as Amazon less than one month after the tax was unanimously approved. The council said... 
New Maine Voting System Facing Big Test

New Maine Voting System Facing Big Test

A log-jammed party primary is usually a recipe for problems as candidates with few differences politically attempt to separate themselves through personal attacks on opponents. However, Maine sees it differently. In the midterm elections... 
Teamsters and UPS Might Be On Course for Large Labor Strike

Teamsters and UPS Might Be On Course for Large Labor Strike

The United Parcel Service and Teamsters could be on a path to the nation’s biggest strike in decades. The union on Tuesday announced that its members had voted in favor of a strike if necessary by more than 90%. However, despite... 
Europe Shoots Back at U.S. Over Steel Tariffs

Europe Shoots Back at U.S. Over Steel Tariffs

Europe has already taken a shot at the U.S. over the new tariffs on aluminum and steel products. Officials in the European Union filed a formal complaint on Friday with the World Trade Organization, which is the first of several measures... 
Oil Workers Strike in Brazil in Another Hit to the Government

Oil Workers Strike in Brazil in Another Hit to the Government

A strike of 72 hours by oil workers in Brazil halted rigs and refiners on Wednesday, said union leaders. The move is the latest blow to the government of President Michel Temer following a protest by truckers that has strangled the... 
Two of the Biggest Brands in the World Are Chinese

Two of the Biggest Brands in the World Are Chinese

An updated list of the most valuable brands in the world has just been released, and two of the top 10 posts were claimed by Chinese brands for just the first time. Alibaba moved into the top 10 to join Chinese tech giant Tencent as... 
US Crude Prices Plummet 4% as Russia and OPEC Consider Easing Caps

US Crude Prices Plummet 4% as Russia and OPEC Consider Easing Caps

Oil prices dropped sharply on Friday after energy managers said over two dozen oil producer nations could begin to start easing limits on production that were established in 2017 to drain the glut of global crude. Alexander Novak the... 
Tiffany Sales Figures Help Stock to Surge

Tiffany Sales Figures Help Stock to Surge

It appears as if consumers from across the globe are not only spending breakfast, but lunch and even dinner, at Tiffany’s. The forecasts for profit and sales of the luxury retailers topped Wall Street forecasts while Tiffany’s... 
Sales of Sneakers on the Increase as High Heel Sales Plunge

Sales of Sneakers on the Increase as High Heel Sales Plunge

American fashion is now much more casual than just five years ago, and that includes footwear. The trend is especially apparent when it comes to sales of women’s sneakers, which have soared by over 37% across the U.S. since the start... 
Middle Class Growth in China Creates Craft Beer Surge

Middle Class Growth in China Creates Craft Beer Surge

Little General, Panda Beer, Mandarin Wheat and Flying Fist IPA are amongst the craft beer on tap being offered during a beer exhibition in Shanghai this week that has the goal of expanding the drinking palette of consumers in China...