Top Consumer Stories

Snapchat on phone

Stewart Scott-Curran/CNN

Could Snapchat really be worth $10 billion?

"Dumb move." "Zero sense." "Remarkably stupid."

That's just a sample of the reaction last year to news that disappearing-message app Snapchat had turned down a whopping $3 billion buyout offer from Facebook. But with news from Bloomberg this week…

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Stocks NYSE generic man in headset

Brendan McDermid / Reuters

Small stocks sink -- bad sign for economy?

Bigger is better in the stock market this year.

The Russell 2000, an index of smaller stocks, is down 4% this year and is trailing the other major market indexes.

It's a surprising turnaround, considering that the Russell 2000 was one the best…

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Reputable Brands - Procter and Gamble

Molly Riley/Reuters

Procter & Gamble dumping 90 brands

Procter & Gamble is cleaning house.

The nation's largest consumer product company, will be dumping about 90 of its smaller, less popular brands. The move, announced Friday as executives discussed earnings with investors, will still leave the company…

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Flash drives

REUTERS/Rick Wilking

USB Flash drives have a fatal, universal flaw

It's time to start thinking of smartphones and USB Flash drives like toothbrushes or razors -- for personal use only.

German security researchers have discovered that USB-connected devices have a fatal flaw. Anything that connects via USB can be…

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Warren Buffett

CNN

Buffett sees $2 billion increase in profits

Warren Buffett's billions keep billowing.

His company, Berkshire Hathaway, said Friday that its profit grew by nearly $2 billion in the second quarter.

The company, a broad-based investment conglomerate that includes diverse names like Geico Auto…

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Job fair

CNN

Unemployment rate rises to 6.2%

After gangbusters jobs growth in June, hiring slowed to a less impressive pace in July.

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Stock Exchange floor 10_19_12

Brendan McDermid / Reuters

Stocks finish tough week with more losses

Investors can't seem to get relief from the summer heat. The Dow fell 70 points Friday on what turned out to be a volatile day of trading.

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Gas prices

Carlos Barria/Reuters

Lowest August gas prices in four years

Drivers, rejoice! Gas prices are the lowest they've been at the start of August in four years.

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eBay

CNN

EBay reveals lackluster diversity report

In case you missed it, tech has a diversity problem. EBay is the latest tech company to publish an employee diversity report, revealing it hires mostly white and male workers.

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