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by Kim Souza -

Walmart tags PayPal exec as next CFO

John Rainey will be Walmart’s next chief financial officer. He follows Brett Biggs who announced his retirement last year capping a 23-year career with the retail giant. Rainey will join…

by Kim Souza -

CPI shows prices up 8.5% in March report

The Consumer Price Index rose 8.5% in March, the largest annual increase since December 1981. The all-items less food and energy index rose 6.5%, the largest annual increase since August…

by Kim Souza -

Online grocery sales fall 6% in March

Consumers spent $8.7 billion for online groceries in March, down 6% from a record $9.3 billion in the year-ago period, according to the Brick Meets Clicks/Mercatus Grocery Shopping Survey. Consumers…