Megan Cerullo
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Previously, she worked as a breaking news reporter for the New York Daily News. She traveled to Puerto Rico after Hurricane Maria devastated the island and again on the storm's one year anniversary. Her reporting was cited by numerous outlets, including NY1. As a student at the Craig Newmark Graduate School of Journalism at CUNY, she was awarded the Dennis Duggan prize for her outstanding coverage of ordinary New Yorkers by the Silurians Press Club. She holds an MA in journalism from CUNY and a BA from Brown University. She is fluent in French, Spanish and Italian.
Biography:
https://www.cbsnews.com/team/megan-cerullo/
75%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
95%
Examples:
- Megan Cerullo's reporting is generally unbiased.
Conflicts of Interest
50%
Examples:
- There are no clear instances of conflicts of interest in Megan Cerullo's reporting.
Contradictions
88%
Examples:
- Some of the articles mention contradictions in terms of actions taken by companies (e.g., JetBlue cutting unprofitable routes, Chipotle denying portion size changes), and some articles mention contradictory information within the text itself (e.g., TGI Fridays closing locations).
Deceptions
75%
Examples:
- In one article, Megan Cerullo mentions that some consumers have turned to compounded versions of GLP-1 drugs as demand for brand name drugs like Wegovy, Ozempic and Eli Lilly's Mounjaro soars and strains supply. However, she does not disclose that Hims & Hers, the company selling the compounded GLP-1 drug at a lower price point, is a competitor to the brands mentioned.
Recent Articles
CDK Global Cyberattack Disrupts North American Car Dealerships: Over 15,000 Impacted, Potential Loss of 100,000 Vehicle Sales in June
Broke On: Friday, 28 June 2024A cyberattack on CDK Global, a software provider for North American car dealerships, has disrupted operations for approximately 15,000 dealerships and led to manual processing methods. The attack comes at a crucial time for the auto industry, potentially causing over 100,000 unit decrease in vehicle sales during June. Experts warn of supply chain targeting by hackers to disrupt entire sectors through software providers like CDK. 
CDK Global Hack Disrupts US Car Dealerships: Potential Loss of 100,000 Vehicle Sales in June
Broke On: Wednesday, 19 June 2024A ransom event at CDK Global, a software provider for US car dealerships, caused significant disruptions and potential losses of up to 100,000 vehicle sales in June. The attack affected over half of all auto dealerships in the US and left many offline with no clear timeline for restoration. Experts predict a decrease of around 7% in total US new-vehicle sales for June, highlighting the growing threat of cyberattacks and the need for robust cybersecurity measures. CDK Global Hack Disrupts US Car Dealerships: Potential Loss of 100,000 Vehicle Sales in June
Broke On: Wednesday, 19 June 2024A ransom event at CDK Global, a software provider for US car dealerships, caused significant disruptions and potential losses of up to 100,000 vehicle sales in June. The attack affected over half of all auto dealerships in the US and left many offline with no clear timeline for restoration. Experts predict a decrease of around 7% in total US new-vehicle sales for June, highlighting the growing threat of cyberattacks and the need for robust cybersecurity measures. 
CDK Global Cyberattack Disrupts Operations at 15,000 North American Car Dealerships: Prioritizing Cybersecurity to Protect Customer Data
Broke On: Wednesday, 19 June 2024A cyberattack on CDK Global, a leading software provider for North American car dealerships, disrupted operations at over 15,000 dealerships in June 2024. The exact nature of the attack is unknown but reports suggest it may have been a ransomware attack that also impacted backups. Dealerships lack robust cybersecurity protections and are attractive targets for hackers due to their interconnected systems and sensitive customer data. The incident follows similar attacks against Findlay Automotive Group and highlights the importance of implementing strong cybersecurity measures to protect customer information. 
McDonald's Abandons AI-Driven Voice Ordering at Over 100 Drive-Thrus Due to Inaccuracies
Broke On: Monday, 17 June 2024McDonald's abandons AI ordering technology at over 100 US drive-thrus due to incorrect orders and partnership with IBM for evaluation of long-term solutions by end of 2024. :max_bytes(150000):strip_icc()/GettyImages-1239946791-7c881740696e490a8e40cf9df286e659.jpg)
Robinhood Acquires Bitstamp for $200 Million: Expanding Crypto Business and Welcoming Institutional Customers
Broke On: Thursday, 06 June 2024Robinhood, a leading online trading platform, announced the acquisition of European cryptocurrency exchange Bitstamp for approximately $200 million in June 2024. The deal, subject to regulatory approval and expected to close in the first half of next year, brings over 50 licenses and registrations worldwide and expands Robinhood's crypto business, which has seen significant growth. With this acquisition, Robinhood aims to compete with larger crypto trading firms like Binance and Coinbase by welcoming institutional customers to its platform. 
Costco's $1.50 Hot Dog Deal: A Decades-Old Tradition of Affordable Value
Broke On: Friday, 31 May 2024Costco's $1.50 Hot Dog Deal: A Decades-Old Tradition of Affordable, High-Quality Meals That Costco Holds Firm Despite Inflation 
Record-Breaking Summer Temperatures to Boost Electricity Bills by 7.9%: A Challenge for Low-Income Families
Broke On: Monday, 03 June 2024Soaring summer temperatures lead to a 7.9% increase in US electricity bills, with low-income families facing the most significant burden. As record-breaking heat is predicted by NOAA, solutions like weatherization assistance and rules preventing utility shutoffs during heatwaves are proposed to help those struggling with rising costs. 
Chipotle Backlash: Social Media Influencers Alleging Smaller Portions Spark Controversy, Company Denies Claims
Broke On: Thursday, 30 May 2024Chipotle faces backlash over claims of smaller portion sizes in meals, with influencers and customers sharing disappointing experiences online. Some users have called for improvements or even boycotts, while Chipotle denies any changes and encourages customization. The controversy comes amid growing concerns over food prices and shrinking portions in the fast-food industry. 
Naples, Florida Tops List of Best Places to Live in US with Ultra-Low Unemployment and High Salaries
Broke On: Saturday, 18 May 2024Naples, Florida ranks first in the latest US best places to live report due to its ultra-low unemployment rate of 2.9% and high salaries. Known for beautiful beaches and waterfront homes, Naples excels in job market and quality of life categories. Boise, Idaho follows with strong value, job market, and quality of life metrics.