Wal-Mart announced it would raise its starting wage to $11 an hour, thanks to the newly passed tax reform. And South Korean regulators say they may ban trading in Bitcoin, sending the price of cryptocurrencies plunging.
Plus the latest from CES, as Samsung teases its new Galaxy S9 phone, and China's Huawei comes under fire from U.S. regulators.
And ICE agents raiding 7-Eleven stores around the country to crack down on illegal immigrants. That as the deadline for Congress to pass legislation protecting "Dreamers" from deportation looms large.
It might sound counterintuitive, but the Fed cutting interest rates three times this year could cause inflation to spike and actually be worse for markets and the economy as a whole.
Imagine a world with just a handful of mediocre beer options. Terrible, right? That was the U.S. before the explosion of craft breweries, the Samuel Adams founder says.
March was a blockbuster month for jobs, with 303,000 new positions – and paired with slower wage growth, an economist and a portfolio manager agree this could be the ‘best of both worlds.’
Resale platforms do big business – and Mercari just became the first in the U.S. to eliminate all fees for sellers and completely changed how returns work on its platform.
