South Korea bans Crypto, Ethereum hit an all time high. MoneyGram and Ripple team up. Arizona considers letting residents pay taxes with digital currency. John Detrixhe, future of finance reporter at Quartz weighs in on all the latest headlines.
South Korea is planning to put a ban on trading virtual currency in the nation. The new causing Bitcoin to drop.
A new bill submitted to the Arizona Senate could allow people to pay taxes with crypto. The bill, introduced Tuesday, has been referred to the Arizona Senate Rules Committee for further deliberation. A similar effort was undertaken in New Hampshire in 2016. But concern over bitcoin's volatile price ultimately led to the bill's failure.
John Detrixhe, future of finance reporter at Quartz takes a look at the top hubs for cryptocurrency. Including Moscow, Silicon Valley, New York and London.
Another drop for stocks on Friday has Wall Street on track to close out its first losing week in the last six.
Workers at 150 Starbucks locations will strike in the coming week over what their union says is a clash over decor supporting LBGTQ+ causes, but the company denies it's banned any such displays and accused the union of using misinformation as a tactic in labor talks.
About 7.5 million singing and swimming “Baby Shark” bath toys are being recalled after multiple lacerations and puncture wounds were reported in children playing with them.
Bud Light has rolled out a new ad campaign, weeks after protests over the company's partnership with trans influencer Dylan Mulvaney.
3M Co. reached a $10.3 billion agreement to settle lawsuits that claimed toxic chemicals had contaminated drinking water across the country.
Overstock.com has won the bid to buy Bed Bath & Beyond IP and digital assets.
Sales of existing homes rose just 0.2% in May from April and down over 20% from a year ago.
In his second day of testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell reiterated that the board is considering more interest rate hikes.
United Airlines will now be able to send a meal or hotel voucher to customers' phones, if needed, during emergency situations.
The government will require heavy trucks and buses to include automatic emergency braking equipment within five years, the federal traffic safety agency said Thursday, estimating it will prevent nearly 20,000 crashes save at least 155 lives a year.
