Wal-Mart Raises Wages, and Bitcoin Plunges on S. Korean Ban Talks
Wal-Mart announced it would raise its starting wage to $11 an hour, thanks to the newly passed tax reform. The company will also expand maternity and paternal leave benefits and give some employees a $1,000 one-time bonus.
And South Korean regulators say they may ban trading in Bitcoin, sending the price of cryptocurrencies plunging. Officials raiding exchanges in the country over tax evasion.
Plus we spoke to one of the original designers of the iPhone to get his thoughts on what Apple can do to stave off smartphone addiction. And Hyundai makes an investment in Singapore's Grab to get into the southeast Asian ride-hailing market
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
Brad Bernstein, managing director at UBS Private Wealth Management breaks down the state of the U.S. economy and what to expect from Fed policy from the rest of the year.
SpaceX Investor Chad Anderson discusses Starship's latest test flight, what's next, and why he thinks Elon Musk's leadership sent the company in the right direction.
Dilip Rao, CEO of Sharebite, explains how his startup wants to normalize companies feeding their workers, the role of the private sector in public concerns, and more.
